Great question!!! In my opinion I think it depends on just exactly what you do with the blockchain as a whole. If you're a trader then you'll definitely prefer it if the price of BTC is dancing around, but if you're a blogger on steemit and you don't appreciate fluctuations in the value of your upvotes and payouts then you're probably going to prefer it if the price of bitcoin remains stagnant.
Besides there's nothing exciting about seeing BTC hit the 5k region, I literally lost my appetite for days until it came back up to the 6k region.