Am I wrong? - page 2. | Bitcointalksearch.org

kidbounty

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Quote from: HashingTower on August 25, 2021, 10:33:44 AM

Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?

I don't think it's right to think crypto will be stable. because even if mass adoption has been achieved price stability will never exist. crypto is a decentralized platform and no one can have complete control over the market. so there is no person or institution that will stabilize the price if at any time there is a dump or pump. so stability in the crypto market only applies to stablecoins. for a fully decentralized coin like bitcoin, it can't really be stable.

vv181

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Quote from: HashingTower on August 25, 2021, 10:33:44 AM

Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes,~snip

We can't know for sure but theoretically, when the space matured enough and the cryptocurrency itself has an enormous market cap, I think the volatility will decreasing significantly compared to how it looks like right now.

Actually, cryptocurrencies markets are still in their early age, even the BItcoin itself is still experimental. God knows how the future will look like. So, We didn't know to be sure about how it behaves later even if the market is big enough.

gwdf1

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I see what you mean and I can say that you are right. You are wondering if crypto can become less volatile to be like stocks for example. It is said that when ETFs appear their basic assets become less volatile. Also I think that it is true that there are less newbies when mass adoption occurs. As a result, demand will be almost stable,so there is nothing to fluctuate the price all the time.

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Quote from: HashingTower on August 25, 2021, 10:33:44 AM

Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?

Mass adoption can affect the crypto market, maybe the price and also the level of popularity of crypto can be the main factor. I think mass adoption will make crypto coins find their place in the hands of the right enthusiasts. the level of stability will also be more consistent as more people trade and hold. but don't forget the downside of mass adoption there will be FUD and also dumps or rapid price drops that will definitely happen without us knowing

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Quote from: letyouearn on August 25, 2021, 05:31:20 PM

Some coins, that are treated like crypto currency will become stable - I mean their volatility will be low. But most of the coins are much more like stocks - they can't be stable.

A coin that will become stable is only stablecoin, the other coin will never become stable in the future, that's just my thinking but I think
stablecoin is already designed to be stable if you find the explanation about this coin, where other coin is not and will always have unstable price and if they become stable, these coins can be categorized as stablecoin, therefore it's not like most of coin anymore.

killerfrost

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It would be like when the volume of money is large enough and gives it the kind of stability that the gold, fiat, stock markets are creating, we can see them have very little volatility and if the crypto market is like that then I must tell you that we have succeeded.

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Quote from: HashingTower on August 25, 2021, 10:33:44 AM

Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?

It's not possible. that will peg with demand and supply. Everyone can be a hodler and you may be a bit wrong about this even when the amount will be divided a million times as the massive adoption that will come and then it doesn't mean if anyone will not be able to hodl crypto. You're a bit wrong about it.
You will never see the stability in the crypto even when crypto will be adopted massively.

aemma

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I don't think there is will be stability even with the mass adoption, because the more you sell, the more others buys and the more people fud or government news spread, the more the market dumps, seriously a lot of things affects the crypto market and that is just the nature. For a long time now, it has been believed that crypto is highly volatile and it hasn't changed from that.
Remember as times goes on, as each day passes more coins enter the market, some exit scam and some only keeps dumping and so on, all these also affects the crypto market, hackers are also on the other side doing theirs, thus contributing to an unstable market. My own opinion is, get into good coins which can survive in the midst of all these, and at the end you will be glad you did.

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Quote from: HashingTower on August 25, 2021, 10:33:44 AM

Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?

Yes, even there is a huge market adoption the volatility of the market will never change. The market price will move just like a roller coaster and no matter what we do, adoption or whatever it is can't still make a change to it, unless if the market becomes centralized. As long as we are in the state of being decentralized, this will remain unstable.

I don't think there is a need to be worried about being volatile and besides, this gives more interest to the people hoping that they can double their investment at no certain time. A lot of people had come into crypto not only thinking about profit but also the benefits they could get from them, no tax, anonymity, less hassle to transfer funds, and also making online payments.

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Quote from: HashingTower on August 25, 2021, 10:33:44 AM

Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?

It is quite difficult to say so.
Crypto is complex, if we are talking about crypto, we are talking about thousands of coins/tokens.
And every crypto has its own dream. I don't think that its dream is all about a payment method.
And here, the stability of crypto may mean being sideways. Actually, it is hard enough for a trader to face this kind of market condition.
And even it has a big mass adoption, I am not sure it will make the price stable.

letyouearn

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Quote from: HashingTower on August 25, 2021, 10:33:44 AM

Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?

Some coins, that are treated like crypto currency will become stable - I mean their volatility will be low. But most of the coins are much more like stocks - they can't be stable.

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It won't be stable but it can be derisked since there are long-time holders and miners will only be mining very few after several halving.

If what they are saying is true that the world is changing to make Bitcoin a reserve currency, the price could go way up and only a few might circulate in the market. Maybe it will be difficult to buy BTC anymore or could be thru OTC only.

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Quote from: HashingTower on August 25, 2021, 10:33:44 AM

Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?

There is a chance.

I think it was a talk a few years ago and many have the same thoughts about it. Stable in a manner that the price don't fluctuate much because everyone have it.

But we'll see when that shall come into reality.

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Quote from: HashingTower on August 25, 2021, 10:33:44 AM

Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?

Its not bad to wish up on crypto to become mainstream and if you do really mind on about payment system then we do have fiat already which is already sufficient when it comes to payment and other means.

Crypto is just an alternative and dont expect for those stability concerns because crypto market wont really become this big if it isnt volatile in the first place on where big percentage movements.

Aside on minding about payment system the most of us or the majority do really be eyeing off on how to make money or simply in concern of investment.

Fivestar4everMVP

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Well, sincerely, I think for bitcoin and some other major strong crypto coins are likely to achieve some level of stability when they gain far much more market cap than they currently have, but sure, they can never be as stable as the fiat currencies are in the Forex market, but I sure believe that some level of stability will be achieved as there will be much more buyers and sellers all trading the market at the same time and due to very large liquidity, high sell orders won't noticeably have much effect on the price of the coin as we currently experience with most coins including bitcoin.

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Quote from: HashingTower on August 25, 2021, 10:33:44 AM

Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?

cryptocurrency is an investment that has a high risk and high return, so the price of cryptocurrency will rise and fall very high quickly (unstable), then of course it is impossible for the price of cryptocurrency when there is a bear market the price will go down just a little, because if that happens then the price of cryptocurrency will increase just a little too if a bull market occurs, therefore the increase and decrease in the price of cryptocurrency will never be stable.

Bollexz1

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To my little understanding, I don't really think that stability of a thing is certain as change is inevitable in crypto due to the fact that more coins are being invented on a daily basis. The only thing left will be your speculative ideas on each of them.

semobo

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Quote from: HashingTower on August 25, 2021, 10:33:44 AM

Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?

On the contrary crypto will become mass payment accepted mode only if its have stable value so both things happen at the same time.

ryzaadit

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The answer, never, never and will be never.

It's not a stable asset, so the price will be volatile there is no backup asset on bitcoin and other altcoin who don't have backup asset. Stable asset, will be always based the asset they're back up. And the last thing, you can't really control the movement asset.

cryptoperkele

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Quote from: HashingTower on August 25, 2021, 10:33:44 AM

Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?

You are saying "crypto" like it would be one thing. But it's an umbrella of different kind of approaches. Maybe if the marketcap of one of them is high enough, it will be relatively stable, but it will depend on the tokenomics and issuance rate.

But then again, all it needs is one big failure and it will come crashing down, what ever coin it will be then.

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