Isn't speculation and volatility a problem for Bitcoin?

[Twinkledoe]

Speculation and Votality will benefit those who do have the power to manipulate the market so it is very easy to speculate. High volatility is certainly very risky, but in fact bitcoin does have high volatility. this provides a faster way of investing but needs to be careful.

Speculation and volatility become a problem when we can't control it or take advantage of it. Reading with technical analysis and fundamentals will be very helpful so as not to get caught up in market speculation.

High volatility of bitcoin makes it good for investment. This is why a lot of crypto users are going into btc because of this characteristic. They are hoping that their investments will earn a lot in short period of time. And actually, some really do make good money out of it. It may be a problem for some, but just look at the positive side of it as we can't avoid this yet for bitcoin. Just take advantage of this volatility aspect of bitcoin to gain from it.

[BuNga_cute]

Isn't speculation and volatility a problem for Bitcoin?

Why it is? Bitcoin has been known as an speculative asset and its market is very volatile so why it should be a problem?
Well, maybe for those who have less experience about volatile markets, it is a problem if they lack of awareness.

Speculation and volatility are not a problem for me who is already familiar with Bitcoin, it is a problem for people who do not understand Bitcoin.
So it's best before investing in Bitcoin learn everything about the crypto world, so we will not complain about Bitcoin as a speculative asset or
the volatile Bitcoin price. Even for people who understand Bitcoin, the volatile Bitcoin price is an advantage in itself to be able to make a profit.
The conclusion is don't invest in something we don't understand, it will indeed be a problem.

[verita1]

Speculation and volatility in bitcoin are two situations in which we are accustomed but for the new ones who are just learning how to handle it it is a complete challenge. Some are fearful of losing their money, others assume it. I think both are natural characteristics in bitcoin.
I remember a few months ago I introduced my brother to crypto in the recent bitcoin crash he kept calm and continued to invest.

[stomachgrowls]

Isn't speculation and volatility a problem for Bitcoin?

Are you asking bitcoin the cryptocurrency or Bitcoin blockchain?

It depends on who you're asking if it's the cryptocurrency.

A day trader would probably think the volatility is a great opportunity to earn money.
A long term investor probably wouldn't care about the short term ups and downs.
A merchant accepting BTC could choose to be either of the two or both.

Merchant would definitely choose on being stabilize because they dont want to lose profits whenever the price dumps but same goes on making profits have might changed other merchants perspective.

There are people/businesses who doesnt really like moving prices and thats why they dont intently to get engaged nor stepped into crypto market specially with bitcoin.If volatility and speculative market was the main problem

then we wont really be seeing this market for this to be this big and now we are actually seeing the opposite which the community did really make out some big support.

[Kasabus]

Speculation and volatility in bitcoin are two situations in which we are accustomed but for the new ones who are just learning how to handle it it is a complete challenge. Some are fearful of losing their money, others assume it. I think both are natural characteristics in bitcoin.
I remember a few months ago I introduced my brother to crypto in the recent bitcoin crash he kept calm and continued to invest.

It will always be a good driving force for bitcoin to keep on going despite its sudden crash on the market. Maybe for new comers this will be a complete challenge for them but i know eventually, they will be used to it and start loving them. Just like what the long term investors are exactly doing. If the crypto market will always be affected with news and social media events, then definitely its speculations and volatility will always here to stay. For some, it might be a destruction, but for others its what keeping them more attached to crypto.

[Cling18]

Isn't speculation and volatility a problem for Bitcoin?

I don't see any problem with it. As for me, Bitcoin's volatility wouldn't change because that's a normal characteristic of it. Speculations will always exist since Bitcoin is volatile but if we'll do research first then we don't have to get confused or affected by lots of speculations that we might hear around us.

[BigBos]

Isn't speculation and volatility a problem for Bitcoin?

I don't think that's a problem, because since the beginning of bitcoin has a price, bitcoin has been volatile. however, it attracted so many new investors and developers to create something similar. many people see the volatile nature of bitcoin as an opportunity to increase their asset count. however, if this were a problem, then bitcoin wouldn't have made it this far long ago.

[Rajamuda]

Isn't speculation and volatility a problem for Bitcoin?

I don't see any problem with it. As for me, Bitcoin's volatility wouldn't change because that's a normal characteristic of it. Speculations will always exist since Bitcoin is volatile but if we'll do research first then we don't have to get confused or affected by lots of speculations that we might hear around us.

It will be a problem if we respond to that things by not controlling ourselves or controlling our emotions when price movements show a decline or heard some bad issues about Bitcoin.
Well, that's actually nothing wrong with speculation and volatility, that's indeed from the absolute side of the characteristics of Bitcoin from the start it existed till nowadays.
We here must be able to respond to it positively and optimistically so as not to invite high losses, or make us weak in determining the next step or what to do.

[magnum1010]

Isn't speculation and volatility a problem for Bitcoin?

I think it depends on the purpose of how you are going to use Bitcoin and your strategy. If you want to pay with Bitcoin, its volatility is a real disaster for you. But if you are a trader, you can earn on its constant fluctuations. If you are a long-term investor, you just don't have to worry about volatility, as your target is holding for several year.

[Sir Legend]

From the beginning bitcoin was designed as decentralized so that volatility became commonplace, with the number of users continuing to grow and the number of stocks being fixed, bitcoin was widely used for speculation so that it became the most attractive investment even during a pandemic like now.

[pooya87]

If you want to pay with Bitcoin, its volatility is a real disaster for you.

The bitcoin volatility is not that bad to be called a "disaster" as you put it. It is annoying at best. For example if you look at the past 60 days we only had 2 big rises and 2 big falls that are bigger than 10% and covered about 5 days, the rest of the time meaning most of the remaining 55 days market was moderately calm. For example in the past 10 days the biggest thing we had was a 2.5% drop and a 4% rise!
This is just the most recent case, in the first 4 months of 2019 (~120 days) price was a lot more stable and for much longer.

[Lubang Bawah]

Speculation and volatility in bitcoin are two situations in which we are accustomed but for the new ones who are just learning how to handle it it is a complete challenge. Some are fearful of losing their money, others assume it. I think both are natural characteristics in bitcoin.
I remember a few months ago I introduced my brother to crypto in the recent bitcoin crash he kept calm and continued to invest.

Bitcoin is a good thing for us to make long-term investments, the main key is to be patient to wait so we can get profit, speculation is a natural thing in investing because without the courage to speculate we will never get big profits.

[Welsh]

The bitcoin volatility is not that bad to be called a "disaster" as you put it. It is annoying at best. For example if you look at the past 60 days we only had 2 big rises and 2 big falls that are bigger than 10% and covered about 5 days, the rest of the time meaning most of the remaining 55 days market was moderately calm. For example in the past 10 days the biggest thing we had was a 2.5% drop and a 4% rise!
This is just the most recent case, in the first 4 months of 2019 (~120 days) price was a lot more stable and for much longer.

Almost certainly not a disaster as they put it, though I would say it's far from ideal for those that use Bitcoin as a currency rather than an investment. Although, those do seem to be rather thin. Most users here, and most people I know invested in Bitcoin are doing it to eventually cash out back into fiat.

Ideally, it would be nice to see the volatility be below 1% over a extended period of time, at least from a user point of view. The investors probably wouldn't be happy with that, and undoubtedly would start posting about Bitcoin being dead.

It's the fees, and the volatility which is the stumbling block for being able to use Bitcoin for every day items, and needs I would say. Though, progression is definitely being made towards bettering the fees, and  think it's a common thought process that the volatility will get better in time.

[leea-1334]

Not a problem, it's an overblown concern. And you could also say that with wider adoption, the price fluctuations will decrease.

Exactly. If it was such a problem, then stablecoins have solved it and yet we still do not see merchants accepting USDT or people spending USDT the way they do with Bitcoin.

Adoption in Bitcoin is still way higher than any stablecoin and thousands of stablecoins out there prove this. Any currency is volatile when it is new,,, until adoption becomes mainstream.

[isaac_clarke22]

~

This and that is why many regulation comes up as well. The "uncertainty" becomes like a way for a single holder to either become broke or a millionaire in no time and at the same time, this one makes people to use stablecoins instead of the common coin that have unstable price.
To old holders, I don't think that the "uncertainty" or "volatility" will matter much that now.

[dothebeats]

I wouldn't say it's not a problem, but it's not that big of a problem, really. Bitcoin, even with its decade-old existence, is still getting riddled with volatility since it's still regarded more as an asset and less as a currency. Not to mention that a lot of traders are still seeing it as a prime asset to trade and profit from, hence the volatility.

If we got a wider adoption rate in the next few years, perhaps volatility will pose a huge problem from a user standpoint. Then again, most big companies that causes the domino effect are acknowledging bitcoin as a top-performing asset and not so much as a currency.

[tabas]

Isn't speculation and volatility a problem for Bitcoin?

Why it is? Bitcoin has been known as an speculative asset and its market is very volatile so why it should be a problem?
Well, maybe for those who have less experience about volatile markets, it is a problem if they lack of awareness.

Speculation and volatility are not a problem for me who is already familiar with Bitcoin, it is a problem for people who do not understand Bitcoin.
So it's best before investing in Bitcoin learn everything about the crypto world, so we will not complain about Bitcoin as a speculative asset or
the volatile Bitcoin price. Even for people who understand Bitcoin, the volatile Bitcoin price is an advantage in itself to be able to make a profit.
The conclusion is don't invest in something we don't understand, it will indeed be a problem.

It's not a problem for me either. People who are new to bitcoin, they look at it as something bad and very problematic with it.
But after understanding bitcoin, it's actually a good thing that they have to look at as an advantage upon learning that there's a reason why people like volatility.

[fullhdpixel]

Isn't speculation and volatility a problem for Bitcoin?

If it was that much a problem then we wouldn’t have gotten to this level that we are at today. Yes, the price has been volatile from the start and there has been so many people who are afraid of investing in bitcoin because of the fact that it is volatile and they have also missed a good opportunity for them to make wealth just because they are scared of the volatility of bitcoin.

Same thing with the speculation thing, yes there are lots of them in this market, but it’s all up to you to not pay attention to them and just do your thing. That’s why it’s important for you as a trader to have a knowledge of what you’re doing and know how to read the chart yourself so that you wouldn’t have to be relying on anyone at all.

[DaveF]

It's no different then the speculation that happens with ANY currency. People hedge one currency against another all the time all over the world in many markets.
As for the volatility? A bit, I don't think it's that bad since it gets some people moving their BTC so it keeps it circulating.

Just my view, as always everyone is going to see it differently.

-Dave

[blckhawk]

actually these 2 things are not a problem for bitcoin and is fairly normal when it comes to crypto and even normal in the stock market, people can't help to speculate the price of bitcoin because through this speculation you can predict what the price of bitcoin will be, and volatility is a factor that will always be present in bitcoin because the price of bitcoin is dependent on the demand on it. so if the demand for bitcoin is lower than its supply then the price of bitcoin will also be lower and vice versa.