Speculations affect every currency or share. But it affects bitcoin stronger because of its low market cap.
Think bitcoin as a some random micro cap manufacturing company located overseas, one news coverage and everything changes.
Think bitcoin as a some random micro cap manufacturing company located overseas, one news coverage and everything changes.
It seems to me that the exact opposite trend is more likely. The use of bitcoin as a currency will become increasingly swamped by speculative investments and the swings in value will only get larger and larger, not smaller.