only day traders want hug volatility because that is the only way they can earn massive profits. everyone else from investors to all those who bought bitcoin because it was a decentralized currency not because of profit, don't like the volatility at all. so the gradual rise should technically be what the majority wants.
but in reality it is not going to happen for many years because the market is still small and the growth (adoption) happens with surges not with a fixed speed. for example in 2017 we suddenly saw a surge of newcomers to bitcoin to the point where Coinbase reported they had 1 million sign ups within a week or so IIRC.
I agree completely....
Would you be satisfied with steady, gradual rise of BTC price? e.G. 500 per month in 2019.
Something like this:
1. May 5000 USD (let's suppose that BTC had finished its price growth for this month on 2nd of April :-)
1. June 5500 $
1. July 6000 $
1. August 6500 $
1. September 7000 $
1. October 7500 $
1. November 8000 $
1. December 8500 $
1. January 2020. 9000 $
Let's suppose that, thanks to forthcoming halving in May, from this moment on, price grows 1000 USD per month.
so..
1. February 2020. 10000 $
1. March 2020 11000 $ (so on March 3rd 2020 I could re-open this topic after 15 months
https://bitcointalksearch.org/topic/m.25663426)
1. April 2020 12000 $
1. May 2020 13000 $
i hope you realize that these are NOT "gradual rises", instead this is a
decreasing rise. basically your first step says 10% rise in one month and you reduce it every month until 2020 where you expect only 3% rise per month!
:-) I hope you realize that I wrote "gradual rise of BTC price", not gradual or decreasing difference in the amount of price difference, or rise of monthly % of price difference. You have to be precise with words..
My post was meant just as overly simplified illustration, without pretending to show mathematically correct model of growth in %.
Btw, if growth from 10k to 11k $, or growth from 11k to 12k in 2020 is only 3 % monthly, then I will visit my math professor and blame him for making me this lousy calculation :-)
But we agree on the important thing, 1) that this would be desirable type of growth and 2) that it unfortunately won't be the case, or at least not for longer periods of time. The numbers are not important for that story, it is the question of model and type of development..I could omit this exact numbers..it would be perhaps better (anyway, I don't like hundreds of new topics with the topics like: "will BTC reach 12749 USD before November 15th 2019, 16:24 CET time".. :-)
Even though I don't have enough knowledge to write such things by myself, I prefer to read "deeper", substantial, topics on present situation and possible developments in the next 4-5 years..
The rest, regarding calculation and percentage if it was not meant to provide such precise calculation , is just splitting hairs...