Bitcoin now a stable coin? - page 12.

BitcoinHunt3r

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Quote from: Idrisu on March 10, 2019, 09:15:36 AM

It is just few weeks and if you look at the chart you will see different up and down and that signifies bitcoin is not stable yet. I expect bitcoin to recover in some months to come and resume it volatility again as the market must make corrections and that is what we see happening now.

People will look volatile of bitcoin because it means people can trade and get profit from it. But for others maybe if stable and keep increased will be perfect because people can take advantage from that easily, i will pick second one Grin

dark08

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We cannot consider bitcoin as a stable coin right now because if you look at the chart theres a certain time the price move up and dump meaning its volatility is still there the tendency to up is possible just relaxand wait for the right time and take not this is a cryptoworld that everything can be change in only a single minute.

Idrisu

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It is just few weeks and if you look at the chart you will see different up and down and that signifies bitcoin is not stable yet. I expect bitcoin to recover in some months to come and resume it volatility again as the market must make corrections and that is what we see happening now.

sinta23

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To be a stable coin, I think it will be difficult, but if the coins are quite stable, yes, because this year, bitcoin has started to have a good increase which will make the price soar later

kkaroul4

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if for a stable coin it's not because other bitcoin and crypto will never be stable because every minute the price is always changing so it's still difficult to say as a stable coin

Juse14

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The subject thread was not really related into a stable coin, bitcoin its not a stable coin because the price was always volatility. Stable Coin its always a fixed rate just like USDT = 1$

Cosbycoin

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Quote from: cokroalif on January 11, 2019, 11:03:08 AM

there is nothing stable in the world of cryptocurrency, every trade is up and there is a drop in prices. that's a natural thing

That is very natural for the market and thanks to the classical business cycle model that has helped use understand this otherwise people would withdraw their investment upon a fall in price. There are still many people who are very ill at ease when the market price falls and prefer to leave.

I think they need to understand this. IN addition, the stability of any coin depends on the level of its demand. The higher the demand, the higher the stability.

Polar91

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Quote from: Kocret02 on March 08, 2019, 03:37:13 AM

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

bitcoin is not yet a stable coin, but bitcoin is now the safest coin to be used as an asset of trade or investment. if speaking of the most stable coins only usdt tether is the most stable price

Bitcoin is not stable because it's holder base which is very similar to stocks. When the amount of Bitcoin being held by holders decrease, the price would certainly decrease. It is related to law of demand.

Kocret02

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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

bitcoin is not yet a stable coin, but bitcoin is now the safest coin to be used as an asset of trade or investment. if speaking of the most stable coins only usdt tether is the most stable price

karungbitcoin

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When the price of Bitcoin or others asset sideaway , the price will have probability to going up or down, in this situation we should not enter to trading before there are any long candle that indicate the price action will up or down.

Victorycoin

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Quote from: cokroalif on January 11, 2019, 11:03:08 AM

there is nothing stable in the world of cryptocurrency, every trade is up and there is a drop in prices. that's a natural thing

Though it can go up for long term in investment which is almost sure but for short term it can go lower. And in this case we cant call it stable as for trading up and down is the nature of trading.

The Cryptologist

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I guess bitcoin goes highly votalile again when it is mocked as a stable coin for a long time. But the bad part is it goes in the wrong side. Bitcoin cannot be a stable coin in my opinion but I'm sure that it will reach $100k and the volatility movement will be close on that price.

babarian

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You're kidding? Cheesy

you mentioned that bitcoin is a coin that is worth it? Don't you see the bitcoin price movements that are changing every day? even in a matter of hours the price of bitcoin continues to change.

MrPiggles

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Quote from: Chibongvdg on January 12, 2019, 04:13:22 AM

BTC is still in its infancy growth stage so it will stay unstable till the market fully takes on the idea. Even after adoption, it wont be 100% stable, it will still fluctuate a bit.

I do not think so . BTC is in a downward phase and this has affected investors' investments very much. I think this time is not yet the time to increase prices because the number of investors is still very small and the information related to this market is still limited, making the whales do not want to participate in this market.

naruto7676

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Be patient for sure bitcoin will go back to normal again those who don't accept what has the price of bitcoin right now is a normal for me other coins already at the same condition si take advantage of the market.

shoreno

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Quote from: Chibongvdg on January 12, 2019, 04:13:22 AM

BTC is still in its infancy growth stage so it will stay unstable till the market fully takes on the idea. Even after adoption, it wont be 100% stable, it will still fluctuate a bit.

Btc is now over 10yrs old but why you guys still consider it as an infant stage ? in the stages of early childhood , the infant stage only last for 2 to 1 yr . thats why btc should also be considerd as an adult or fully developed .

Btc wont ever be called a stable coin because the value can still fluctuate after several weeks or months of being stagnant . stable coins are only local currency because they are not fluctuating after how many decades of existence .

Chibongvdg

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BTC is still in its infancy growth stage so it will stay unstable till the market fully takes on the idea. Even after adoption, it wont be 100% stable, it will still fluctuate a bit.

cokroalif

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there is nothing stable in the world of cryptocurrency, every trade is up and there is a drop in prices. that's a natural thing

richcorner100

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There are times for Bitcoin down or up with high volatility but also will be any times for Bitcoin sideaway. The price of crypto move because trader doing transaction but sometines many trader need rest for this activity and the volume will be low and the price will stagnan.

iged_war

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Quote from: necromastery on November 22, 2018, 03:34:54 PM

No, not stable at all. If it stable or not experiencing so many changes it's better, but this now even cheaper than before whereas so many expect the price to soar again. Today's the market is so rude, in a matter of days prices fall hundreds of dollars.

too many drama that make bitcoin price moved extremely in market.as if this drama never finished.maybe we need long time to make bitcoin price recovered again atleast to around $10k.

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