Topic: At what price point do you think BTC will become more stable? (Read 552 times)
I think bitcoin price will continue to go up and down for the coming years since it is getting more popular nowadays. Maybe the price of bitcoin will become stable when all of the countries have already legalized the use of bitcoin and accepted for all payment transactions worldwide. So it's so hard to tell the exact price now.
November 02, 2017, 12:51:08 AM
As everyone knows BTC goes through large fluctuations - do you think this will always be the case or we'll get to a price point where a sort of stabilisation will occur and fluctuations will calm down?
In my opinion, I don't think that Bitcoin price fluctuations will stop soon because the demand for Bitcoin is increasing on a daily basis. Even after all the Bitcoin is been min, the fluctuations will continue because there are so many other factors that influence its price or value and that will make the price fluctuations to linger for a long time. November 01, 2017, 10:13:31 PM
Beleive or not; it may be stable at 100000000 $$ if we aim to replace only dollars by bitcoin. So if the adoption of bitcoin continue in augmentation just imagine something that can replace all the money in the world.
November 01, 2017, 10:10:25 PM
No one knows when will the bitcoin price stabilize because of its high volatility.
Quiet right, The price stability of bitcoin is unidentified until bitcoin can be mined, Once the supply of bitcoin reach the max volume, Then we can speculate the right amount of bitcoin that will be stabilize because there will be no hard fork happening at that time. I'm sure bitcoin can be a 100K $ at that time.
November 01, 2017, 08:20:32 PM
No one knows when will the bitcoin price stabilize because of its high volatility. Bitcoin must have a mechanism or way to stabilize itself otherwise it will continue to fluctuate. It current price is on upswing and many are looking forward for more all time highs.
November 01, 2017, 07:56:22 PM
As everyone knows BTC goes through large fluctuations - do you think this will always be the case or we'll get to a price point where a sort of stabilisation will occur and fluctuations will calm down?
I think bitcoin will never be stable because as long as the damands become higher the price will increase. And as you can observe the history of bitcoin price the more it makes popular the price will getting high. I dont have any idea that bitcoin will be stable. 
November 01, 2017, 07:39:26 PM
Maybe at around 8,847.60560 USD it'll be more stable than now bitcoin prices now is so volatile.
November 01, 2017, 07:36:00 PM
It seems like the question of stability of bitcoin is not about its price. It will be more stable when it will be replace the fiat money in common life. But anyway untill it is competing with fiat i would expect at least 1-2$k annual changes of the BTC rate. To make it more suitable for everyday operations such changes shouldn't take the significant % of BTC price. For example +- 1000$ while 1 BTC is worth 100 000$ will only influence 1% of your money so you will have less risks while using BTC.
November 01, 2017, 07:23:27 PM
I can`t say bitcoin will be stable, because this is a market, bitcoin itself is a trade object and often experience fluctuations where a process of falling & rising its price occurs.
November 01, 2017, 05:59:33 PM
As everyone knows BTC goes through large fluctuations - do you think this will always be the case or we'll get to a price point where a sort of stabilisation will occur and fluctuations will calm down?
Bitcoin is on a growth mode and I see no reason for it to slow down now. Bitcoin is played heavily in the speculation market and stabling bitcoin price will slow down the speculations around it. There is no price point on which bitcoin can show some stability because bitcoin supply is slowly getting decreased according to the increasing mining difficulty. So as per the basic demand supply rule, the bitcoin price should keep on increasing because the demand is robust. We haven't yet seen the true power of bitcoin. The game has only started and we have a lot more surprises coming towards us from bitcoin.
November 01, 2017, 05:55:11 PM
As everyone knows BTC goes through large fluctuations - do you think this will always be the case or we'll get to a price point where a sort of stabilisation will occur and fluctuations will calm down?
More and more forks for new coins appear every month and when that happens the price of bitcoin is increasing. From what I know there are coming about 2-3 big forks until the end of the year so the price will increase for sure. Also I heard China will open some big exchangers. Maybe after the 2018 starts ,the price will become stable for a few months until new forks are going to appear. I dont think it will always happen for bitcoin price to increase. At a certain moments bitcoin will have a big collapse,the the price will slowly increase,but no one can know for sure what will happen November 01, 2017, 05:48:49 PM
Only when massive amount of money invested in BTC so it becomes a currency for general public and not just by early crypto speculators would it become more stable. Also it will need to pass the 2X test so that it proves as both external pressure or internal fights won't destroy bitcoin
November 01, 2017, 05:12:28 PM
As of now it appears that there is a very tenuous connection between Bitcoin's price and its volatility. Whether Bitcoin is $600 or $60,000, as long as it is perceived by most people who are interested in it as volatile, it will retain it's volatility. In other words, volatility is kind of self-fulfilling, because those who believe it's volatile treat it accordingly as an investment. I think the more important factor will be much greater day-to-day adoption and usage. Once Bitcoin is being used for millions of transactions every day all over the world, at that point it's volatility will be dramatically diminished.
November 01, 2017, 05:06:59 PM
As everyone knows BTC goes through large fluctuations - do you think this will always be the case or we'll get to a price point where a sort of stabilisation will occur and fluctuations will calm down?
I dont see that the BTC price fluctuation will ever stabilize it as it is more trading and investment type better then currency. Until it dont get regularize by all country price fluctuation will always be their in BTC price
November 01, 2017, 05:05:27 PM
I think bitcoin will be stable when it hits around 20k-50k. I don't expect it to go to 200k, because i think governments will take actions and the banks also. Remember also that bitcoin is actually unstable. This means that it can actually go down and up at very unexpected times. So i actually don't know if it will stay around 30-50k, but I am now collecting coins for to sell them when it hits 50k.
November 01, 2017, 05:01:54 PM
FOREX exists from a so long time for major currencies in this world. Even if these currencies evolve in a stable political government or in an economic system relatively stable there is a lot of fluctuations.
November 01, 2017, 04:57:11 PM
There would need to be less inflation and much, much, much more adoption and real usage. It would have to have grown beyond being something that's nothing more than speculation.
I'd say for some reasonable and sustained stability the price would have to be in the hundreds of thousands and distribution would need to be much wider too. I think it'll take decades before it's a reality.
I'd say for some reasonable and sustained stability the price would have to be in the hundreds of thousands and distribution would need to be much wider too. I think it'll take decades before it's a reality.
November 01, 2017, 02:59:41 PM
As everyone knows BTC goes through large fluctuations - do you think this will always be the case or we'll get to a price point where a sort of stabilisation will occur and fluctuations will calm down?
I think we will continue like this. Bitcoin's price depends on the demand of the community. Since the supply is fixed, price will always be fluctuating as based on the law of supply and demand. We might get the price stabilize a bit when Bitcoin goes mainstream and all people will be using Bitcoin as medium of transactions. However, the stabilization will be at the minimum and we will still experience volatility. So as a conclusion, volatility will stay big compared to what a currency should be.
November 01, 2017, 02:26:58 PM
I think as long as it isn't accepted like a normal currency in stores and isn't used in everyday life it won't be stable.
And the market cap must be a few times higher than now.
And the market cap must be a few times higher than now.
November 01, 2017, 02:21:34 PM
Once institutional money starts flowing in from the various world markets, I'd think it would stabilize more as time goes on.
Couple that with acceptance by some of the larger online sales companies, and it should be solid.
Yes, some of the world's elite are already in at this point and not talking about it and perhaps those publicly denouncing it are doing so to keep their elite buddies from cashing in like they may be.
At some point, the genie will be out of the bottle. Bitcoin will likely pave the way for some of the altcoin to hit the big time and be legitimately viewed as an investment instrument as well.
Make no mistake, I love our current exchanges and hope they flourish, but they are such small fish compared to the world's known exchanges.
Once those exchanges start dipping their toes in, which will be after early adopters like CME, etc., prove this is real, the smaller exchanges will have it rough.
The good thing about crypto is that most of us on this forum will likely keep using the same exchanges as we do now IF they treat their customers right.
Even though I'm late to the game in comparison to some, I still feel the same sense of pride in this being a so-called grass roots movement.
I'd continue to want to keep it that way.
Couple that with acceptance by some of the larger online sales companies, and it should be solid.
Yes, some of the world's elite are already in at this point and not talking about it and perhaps those publicly denouncing it are doing so to keep their elite buddies from cashing in like they may be.
At some point, the genie will be out of the bottle. Bitcoin will likely pave the way for some of the altcoin to hit the big time and be legitimately viewed as an investment instrument as well.
Make no mistake, I love our current exchanges and hope they flourish, but they are such small fish compared to the world's known exchanges.
Once those exchanges start dipping their toes in, which will be after early adopters like CME, etc., prove this is real, the smaller exchanges will have it rough.
The good thing about crypto is that most of us on this forum will likely keep using the same exchanges as we do now IF they treat their customers right.
Even though I'm late to the game in comparison to some, I still feel the same sense of pride in this being a so-called grass roots movement.
I'd continue to want to keep it that way.
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