Bitcoin's price has only been stable at around the $16,000-$17,000 price mark for only like 4 days. Bitcoin's price has been stable for longer than that in the past. The volatility is definitely not over, and is FAR from over. Also, bitcoin futures will definitely make bitcoin a lot more volatile in my opinion. There's going to be bigger whales that could affect bitcoin's price.
I agree, its seems that when CME officially starts, the volatility is reduced to at extend although there are price daily price swings, but I noticed that the price would go on a flat line at the range mentioned above. But make no mistakes, this relatively slow lessened volatility will just be temporary. I can't see for certain though is this bitcoin futures contracts will make bitcoin more volatile, but we can at least factor them as far as where the price is going because right now they are really the main driver behind the current upward trend.
I'm looking at Bitcoin charts for the past few days and it looks like a straight flat line. I'm not sure whether to feel happy or sad about this but could this possibly be related to the fact that we now have bitcoin futures? Does this mean bitcoin volatility will be less?
As long as the whole world is not yet jumping into the bitcoin world volatility won't be over. Though this past few weeks bitcoin's price become quite stable, it doesn't mean volatility is over. And I'm sure, this coming weeks, or after Christmas, I'm expecting a big rise on bitcoin's price.
Well a lot of people are already flocking into the market, but I'm sure that there are still waiting to get through though. Bitcoin features includes is high volatility so I really doubt that it is over. And remember that it purely based on speculation, that alone its an ingredient in seeing the price being unstable as long as it exist.