Bitcoin now a stable coin? - page 11.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: bitbunnny on March 17, 2019, 08:24:10 AM

No, Bitcoin isn't stable and it will never be. You can't judge only related to current position, this is only temporary phase.
Volatility is in Bitcoin nature and actually price changes all the time but sometimes this is hardly visible. Sooner or later price will change on a larger scale and then the true nature of Bitcoin volatility will come in the light.

Definitely, bitcoin and stable doesn't work together, specially when bitcoin became a store of value and a currency. Maybe we can see it stabilizing right now because of the constant pushing/pulling of the bear/bulls which makes the market trade sideways. But it doesn't mean it will be a stable coin and it will never happen even in another 10 years or so.

mersal

member

Activity: 1204

Merit: 38

I also seen more than development there is some stability will there this is the important thing for everyone to be a better investors because if your country is more stable than before the people definitely interested and that to invest so that we are chances also for huge development in this year.

MidnightWolf

member

Activity: 630

Merit: 10

Quote from: bitbunnny on March 17, 2019, 08:24:10 AM

No, Bitcoin isn't stable and it will never be. You can't judge only related to current position, this is only temporary phase.
Volatility is in Bitcoin nature and actually price changes all the time but sometimes this is hardly visible. Sooner or later price will change on a larger scale and then the true nature of Bitcoin volatility will come in the light.

I fully agree with you. And that is why I consider Bitcoin a really very good investment, which will bring good income during long-term storage. But for daily trading, especially now it is better not to use Bitcoin. Very risky will be the opportunity to earn on the difference in price.

bitbunnny

legendary

Activity: 2912

Merit: 1068

WOLF.BET - Provably Fair Crypto Casino

No, Bitcoin isn't stable and it will never be. You can't judge only related to current position, this is only temporary phase.
Volatility is in Bitcoin nature and actually price changes all the time but sometimes this is hardly visible. Sooner or later price will change on a larger scale and then the true nature of Bitcoin volatility will come in the light.

spadormie

sr. member

Activity: 840

Merit: 268

Bitcoin will never be a stable coin. This coin is very volatile and it makes the price go play at every position. So, the answer to your question is no. Bitcoin will never be a stable coin and the price will go up and down.

This is what many investors are coming for, volatility. But because of the volatility of bitcoin, it attracts many investors. Volatility speaking, with high risk comes high results or high lost. This is how volatile bitcoin is.

ChrisPop

legendary

Activity: 2310

Merit: 1035

Not your Keys, Not your Bitcoins

Haha.. yeah we didn't have much volatility in the recent time, but this should give you a warn sign that a big move is incoming. Meanwhile you can try and scalp the ranges, but be careful and practice good risk management as the orderbook it is quite thin and can be easily cut through.

Lanatsa

hero member

Activity: 2968

Merit: 687

Quote from: ajdaj on March 16, 2019, 03:29:59 PM

Quote from: CoinCollect on March 16, 2019, 12:22:41 PM

Bitcoin looks stable now, but it's only now. Anything can happen and its price will rise again or significantly fall down. Investing in cryptocurrencies is still risky because the market is still volatile.

If the cryptocurrency market becomes stable, then it will lose its appeal to the majority of speculators, who are currently very large investors in cryptocurrency. In any case, there will be only enthusiasts and real investors in certain projects, which themselves will give a very good income, even without trading their coins.

Crypto do become a safe haven for big investors yet volatility is the main reason why they are here.Utilizing movements on making easy money but this is
only applicable to those market makers or even on simple traders or investors who do really know on how to get in and get out on a certain situation.
Bitcoin has never been stable.

ajdaj

full member

Activity: 532

Merit: 100

Quote from: CoinCollect on March 16, 2019, 12:22:41 PM

Bitcoin looks stable now, but it's only now. Anything can happen and its price will rise again or significantly fall down. Investing in cryptocurrencies is still risky because the market is still volatile.

If the cryptocurrency market becomes stable, then it will lose its appeal to the majority of speculators, who are currently very large investors in cryptocurrency. In any case, there will be only enthusiasts and real investors in certain projects, which themselves will give a very good income, even without trading their coins.

CoinCollect

sr. member

Activity: 770

Merit: 250

Bitcoin looks stable now, but it's only now. Anything can happen and its price will rise again or significantly fall down. Investing in cryptocurrencies is still risky because the market is still volatile.

Anies_Sandi

sr. member

Activity: 700

Merit: 252

Quote from: gilangIDR on March 10, 2019, 10:10:55 PM

Bitcoin does have a much better level of stability compared to other cryptocurrencies. But when Bitcoin wants to be fully stable as a currency, it is necessary to have a regulation, regulation from the government will be able to make Bitcoin much more stable and have a strong position in a legal legal economic system.

therefore to say that bitcoin is a stable coin, it cannot yet because the price also always increases and decreases, and bitcoin also has no rules made by the government so there are still many countries that have not legalized bitcoin

eagle10

sr. member

Activity: 840

Merit: 252

At this point in time, bitcoin cannot be considered stable. Bitcoin is still highly volatile when trading even if he is the king of cryptocurrency because all the coins are still dependent on his movement. If the time comes bitcoin becomes steady and is less volatile, many investors will shift to other coins because bitcoin will give a little movement to give profit on their investment.

BitcoinTurk

hero member

Activity: 1666

Merit: 629

Bitcoin has never been stable and will not be in the long run. In the last few months, due to the bearish effect, the money in the market has decreased considerably and the transaction volume continues to decline. The reason why the price moves at a certain level is the volume of transactions that are falling day by day, as the trading volume decreases and the volatility decreases. Low volatility is a good thing for the investor, but low volatility also decreases the profit margin of the investor and draws attention to determine the direction of movement. When volatility and trading volume are low, it is easier to control the price.

Thanasis

hero member

Activity: 1820

Merit: 515

★777Coin.com★ Fun BTC Casino

When you look at the price chart of bitcoin even in monthly or weekly frame you can notice that there is huge volatile between them so it is not actually stable ever.Just lying at a region which is good when compared to the long bearish trend but soon it will change into bull market.

Cosbycoin

hero member

Activity: 980

Merit: 506

Bitcoin might not be very stable now but you can’t compare its volatility to how it was some years back after the bull run, the fluctuation was high that many people were afraid of using it as ordinary savings or accepting it as means of payment but for sometimes now, lots of merchant have been introducing the coin as payment due to its stability which will intend join the group of factors that will contribute to the next bull run.

Right now, bitcoin is trading above $4k levels which is a lively proof that we will never have bitcoin as a stable coin at least for few more decades. I guess, bitcoin is seeming it has resumed its bull rally and lets wait where it will be heading.

gilangIDR

legendary

Activity: 1526

Merit: 1001

Bitcoin does have a much better level of stability compared to other cryptocurrencies. But when Bitcoin wants to be fully stable as a currency, it is necessary to have a regulation, regulation from the government will be able to make Bitcoin much more stable and have a strong position in a legal legal economic system.

wayaneka

full member

Activity: 644

Merit: 101

When price action of Bitcoin or others crypto stable or sideaway that mean the price prepare for big move, the price can be will going up or down. Bitcoin when started tradeable already has high fluctuacion and this is will keep continue. When the price stable will be difficult to predict the next price movement so for the better avoid to trade in this situation.

akram143

full member

Activity: 1106

Merit: 166

★777Coin.com★ Fun BTC Casino!

Quote from: bosta20 on November 11, 2018, 08:47:18 AM

Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

absolutely Bitcoin is more stable now when comparing to the previous year because the development is not enough for a currency to we stay for long period of time it could also be stable then only people will ready to invest their money to get the profit.

whirlcoin

full member

Activity: 602

Merit: 111

Bitcoin is not a stable currency and we cannot make it AC stable currency also because it was the plus point for the cryptocurrency to develop if it was stable anyone. People will not get ready to invest in it and there is no used for them so stability and also development will needed for a currency to except by the people.

Hivalley

member

Activity: 210

Merit: 19

Quote from: playboy654 on March 10, 2019, 03:55:27 PM

There is no need of the stability in Bitcoin because if it was not stable only we can make the profit from our trading or exchanging

This idea only applies to enthusiasts who only use the bitcoin for either holding or trading, those who seek to make purchases with the coins do not really bother about this fact.
Let's face it, we need stability in the bitcoin for the coin to move forward and achieve the goals it was originally created for.

playboy654

member

Activity: 546

Merit: 32

There is no need of the stability in Bitcoin because if it was not stable only we can make the profit from our trading or exchanging and the most importantly development with their stability will be the necessary thing for a good sign of improvement in this situation.

Topic: Bitcoin now a stable coin? - page 11. (Read 12915 times)