In 2017/2018 with the sharp increase in the price to the ATH of $18 000+, people were saying that Bitcoin can never be a currency with that kind of fluctuation and volatility in the price.
In the 3rd & 4th quarter of 2018 up to Jan 2019, we have experienced a correction from that ATH and we are seeing much less volatility in the price.
=>The price hovering between $3500 and $4000>
Would you say that Bitcoin has shed it’s speculator skin and emerged as a true currency, after this correction? I think with most of the speculators left the Bitcoin scene in the last year or so and Bitcoin has truly transformed into a community of people who are more interested in the technology and using the technology as a currency.
=>This explains the stable price
Let’s discuss because I am very curious about what your opinions are about this.