Is Bitcoin doomed to be volatile forever?

At the end of the day, bitcoin volatility is something that should not only be expected, but embraced during these early years of the cryptocurrency. The fate of bitcoin as a currency is still yet to be determined, meaning bitcoin price fluctuation will likely remain. Unfortunately, for now, volatility remains a point of contention among the financial community.

When the Internet was built, it didn’t take a straight line to prominence. In fact, it experienced its own ups and downs before becoming the World Wide Web we know today. It could take years, or even decades before bitcoin becomes the new standard in global currency.

As they say, Rome wasn’t built in a day, and the same is true of bitcoin. But the longer bitcoin remains a safe, valuable network, the less its price will fluctuate. The hope is, eventually, bitcoin will settle on a price that accurately represents its network value. Until then, bitcoin will continue to see its price rise and fall.

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