More people More volatility

[Slow death]

More people does not mean more volatility. It's exactly the opposite. More people mean better distribution and this counteracts volatility.
If you have 100 units of something and 20 belongs to 1 person, 30 to another person and the rest is distributed among 5 other people. If each of these smaller holders sells the price will already move by a lot (10%) and if one of the big holders sell you could have a 30% swing. But what if each person got 1. 1 person selling would only mean a 1% move.

but the problem with bitcoin and altcoins is that there are many people who buy many coins and there are many people who buy few coins each person and this makes a small group own more than 80% of the existing coins. When such institutional investors enter the cryptos market, they will own enormous amounts of coins, they and a very small group that bought many coins to years ago will be the kings

At least it got adopted, even more volatily as we know people have their different reason why they adopt bitcoin, for investment or to look on short profit. It is still better than no one adopt bitcoin and make it have no price anymore.

I agree, if nobody were interested in bitcoin, we would have a lot of people complaining, people would complain for any reason


OP, do not worry too much about it, let the time decide whether bitcoin would become a means of payment or just a good investment.

[eSurge]

More people does not mean more volatility. It's exactly the opposite. More people mean better distribution and this counteracts volatility.
If you have 100 units of something and 20 belongs to 1 person, 30 to another person and the rest is distributed among 5 other people. If each of these smaller holders sells the price will already move by a lot (10%) and if one of the big holders sell you could have a 30% swing. But what if each person got 1. 1 person selling would only mean a 1% move.

That's the exact reason why we should say contrariwise, "More people, Less volatility".
 
Being more common & widely distributed would generally mean less centralization which affects price fluctuations.
Just a basic law of economics.

[Qurelal]

One of the main problems that cause Bitcoin volatility right now is that there are too many of them in the hands of too few people. Large cryptomers that can create massive price fluctuations by selling large quantities.

[Soots]

I would agree with other opjnions here, more adoption should steady volatility.
There will always be fluctuations because of human activity related to bitcoin
but as the future plays out huge swings should reduce because of greater population

Indeed, greater populations could provide us great demands also that's why volatility really affects the market behavior. Sell orders wil eventually pull down the buying demand, so we will see fluctuations will always take over. Most cases were really taken over by panic sellers which made the price cheaper.

[procap]

I think Bitcoin's long term potential is as a store of value. You're right, greater volatility means less utility as a daily-use currency. I could see one of a few coins being used for day-to-day business, and Bitcoin remaining more of an asset in application.

[ambisyon]

I think that if more people are using btc as a payment system, btc will have a more active circulation thus it will create a more stabilize btc market price in the market. We cannot control volatility as this has been a part of the cryptocurrency eco system either we like it or not,  volatility will continue to occur in the market from time to time.

[Dexion]

when we see many people who are interested and using bitcoin every day, the volatility of bitcoin will become faster, and bitcoin volatility is difficult predicted..

and, we will never know the point of stopping bitcoin, because volatility always rises and falls. because of that in the world of trading, I prefer to trade in large exchanges, such as binance and bittrex, the chance of profit and loss is very fast. because many people use it.

[b3llsf1l3s]

in my opinion, what happened is even the opposite, with the existence of crypto and blockchain distribution evenly, the volatile level will decrease, this is the same as what happened at FIAT. if only certain groups use it, it will easily damage market prices

[mohammedmattar]

Lets assume bitcoin makes it through all the barriers and survives the rules and regulations of the governments and yet is decentralized.
It is widely adopted and many people have started to use it. Bitcoin has grown to thousands/millions of dollars in price causing huge volatility.

If there are so many people using it on a daily basis, won't the volatility cause huge fluctuations in it's price ?
If bitcoin has such huge volatility how will it be able to sustain it's price ? The fluctuations in price will cause problems to merchants.
So according to what I think, if there is not a solution to volatility then BTC cannot be used on a regular basis for payments in various places of the world.

Eg: One day I go and check a guitar's price about $100 and then a week later I go to purchase it just to notice that I would have to pay more BTC this time just because of the drop in bitcoin's price.

There is one part in your analysis that needs to be corrected
If correct, the picture will be completely clear
If the expected adoption occurred and the number of users increased significantly
  Will make the impact on the price very difficult
  It will require compatibility of large numbers of users
This, of course, is very difficult

in contrast now , some whales can direct the market.

[Osamede]

When adoption grows higher, volatility will certainly drop. the much of price volatility at this stage is as a result of huge discrepancies between buyer and sellers. the tide easily swings to one direction because there are fewer player. That will not be the case when there are much persons.The buy-sell order will reach an equilibrium that is difficult to shift in a particular direction, more like a stale mate.

[BETAWI]

I think that your opinion is correct. that there will always be fluctuations due to activities or actions that humans do related to bitcoin. And that is still fair. As time goes by, let time answer all this.

[bloodyvio]

but not everyone wants to sell their bitcoin
and there will always be a buy wall
don't think about more people more volatility
adoption requires many people to use bitcoin

[DPrillio]

but not everyone wants to sell their bitcoin
and there will always be a buy wall
don't think about more people more volatility
adoption requires many people to use bitcoin

I think its true that more people will increase the crypto volatility but it doesn't mean volatility is not good because the fact that its the main effect of a decentralized system, having more individuals in crypto world will contribute the movement of the market either to low and high and vice versa, volatility is an opportunity to make us profitable.

[xfaqs01]

I think the many stablecoin projects popping up are a result of the volatility issue, and could help to solve that aspect.

volatility is normal in a new technology it will settle its price 5 or 10 years from now i think, but for now volatility is a friend to many like me as a day trader, thats where we maximize our profit the most.

[Naughty Princess]

I can't agree with you, sorry! Because I think it's opposite. More good People more stable or more high price will happen for Bitcoin. I mentioned good people because we don't need fudder or quick money earner! They are not helpful for the crypto community, Quick or panic sellers are one of the reasons for the Volatility. If experienced and big investors come in the cryptocurrency platform and if they invest here their money and knowledge, I think bitcoin price will be high with stability.

This happen when people learn how to work with their investment and study the market well to understand the volatility. More people might cause for stability because some will sell and some gonna buy but the price still remain as it is because the supply is enough. Volatility will remain when there is panic sellers and investors that take chance to buy more.

[Indrawan77]

This is a complex situation, logically with more users we will end up with more stability, so let say you want to sell your btc and it causing the price down, but when a bunch of other people ready to buy the price is going up again, so the volatility can't be avoided but with mass adoption the price will be more stable, and with more stable price hopefully it can be adopted by stores

[colmenajose]

I doubt that there is a great stability in a cryptocurrency, however, Bitcoin has remained in a band that generated some confidence in comparison with other cryptocurrencies. The fact that more and more people join Bitcoin, I think it will generate more confidence and, therefore, will improve the price of this cryptocurrency. Volatility is inevitable, it is part of the nature of cryptocurrencies.

[signup01]

It is true. Since the value is very unstable, a person who decides to use bitcoin as a mean of payment must also take a risk and embrace this fact. Actually in the example you’ve cited it is not much a problem to market goods for bitcoin as payment, in my point of view, automatic conversion will do just like in fiat to local currency. This thing will only cause confusion to the costumers so if I will be asked, it still depend on the person if he is willing to take the risk or not.

every investor or person who will start investing by understanding and understanding with all the risks that will be obtained so that investors may be more confident and believe in what we will invest

[Kakmakr]

You have it the wrong way around. The more distributed bitcoins are the less the volatility. Imagine this scenario to explain it :

Let's say, 1000 people own 80% of all the coins and 20% is distributed amongst the rest.. would you think that the 1000 people would be able to cause a lot more volatility when they dump a large amount of bitcoins on the market or when the 20% drop their coins?

When you distribute more bitcoins evenly amongst millions of people, these people own less coins and they do not have the power to manipulate the price. 

[Eraldo Coil]

I agree, more people more volatility like we can't really know what will the price, when will it grow or decrease. More people means bitcoin will last longer. More people means price will unpredictable and the system will grow.