Not true in the least and probably isn't good for the BTC users as a whole. When I say the term users, I mean people who are actually using BTC to buy and sell services and goods on the daily and not the people who're using Bitcoin as an investment to be able to make some good money. The people who are actually using Bitcoin are the ones that are suffering from this extreme volatility and are probably going to be the ones to find a new currency to use online, or maybe they'll go bacl to the traditional ones such as Credit Cards, Debit Cards, and so on and so forth.
Because if I relied on BTC everyday (I obviously dont) I'd be having a pretty big issue right now with the price going up and down on the daily.
But back onto the topic at hand, I think yet again (I may be one of those conspiracy people) that this is a way for people to attempt to rally BTC to go up and to make a select few amount of people a good amount of money.