Bitcoin now a stable coin? - page 3.

asyakashi

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Quote from: nutella_11 on June 05, 2019, 02:17:24 AM

Well, to me, Bitcoin isn't stable and it never will. It's always hard to predict his fluctuations

for me the bitcoin price fluctuations are very profitable because the altcoin is influenced by bitcoin.
all traders enjoy this and benefit from this situation. just enjoy it

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Aivaryamal on June 05, 2019, 02:30:38 AM

Bitcoin will grow steadily unlike many other cryptocurrencies because it already has a huge number of users and many large players have contributed their money to this industry

These points are debatable. Those who invest in crypto are those who have run away from the traditional banking system and/or previous wall street stock market traders. Then you have the people who support crypto because they feel it will be the next big thing in the world after banks and replacing them in due course. These are not related to bitcoin becoming a stablecoin.

Stablecoins are nothing but pure scams - they are just disguised coins in the form of calling them stable so to attract people to buy them but the integirty of SCs like USDT is controversial. Its better to sell your bitcoins if you need to get fiat than buy stablecoins.

miningguru

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Bitcoin is not a stable coin like TUsed, Gusd etc. The value of bitcoin fluctuation makes many other altcoins decreasing their prices in the market, so I never considered Bitcoin as a stable coin, we need to be very careful with the fluctuation we are experiencing.

syamster

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Quote from: mr_random on June 02, 2019, 01:01:29 AM

Quote from: kotajikikox on June 01, 2019, 07:54:40 PM

We knows this bitcoin showing good sign for their stabilities as currency, hoping this is a chance to hit again the all time high.

Quote from: ShowOff on June 01, 2019, 07:21:02 PM

Quote from: omonuyak on June 01, 2019, 02:40:58 PM

Quote from: lohladex on June 01, 2019, 01:29:06 PM

I understand the Bitcoin Price was a bit stable as at the time the topic was created. Volatility is what makes Cryptocurrency market the best. Stability in the price of bitcoin would not yield the investors or traders any profit . The general nature of Cryptocurrencies is Volatile , that is what brings profitability. Experienced traders buys at deep and sell when the price improves. Bitcoin will never be a stable Coin . The Volatility helps the market a lot .

Volatility is good for traders but stability create acceptability and adoption. No one will use a currency that is not stable because we actually need retailers or wholesalers to be able to accept bitcoin as a mode of payment and at that bitcoin will realize it potential.

Pros and contras about this, actually something natural. Depends on who see about it, traders must want volatile to make profit and the other want it to stable so it can be payment and adopted in worldwide.

I understand too what do you want to deliver about volatility, but we need to be positive thinker to believe bitcoin gives another opportunity to earn profits.

Hoping about the positive outcomes doesn't change the future outcome. I usually spread the awareness around my family and friends so everyone will be able to take the benefit from the new form of electronic money. Opportunity comes and goes but BTC has strong technology like blockchain.

it really have strong technology. Maybe if want to be payment, it only need to get accepted by a lot of people, then government in some countries. It will really helpful for people itself if it can be payment and for community.

No it is not true, we can see now people from all over the world are accepting and using crypto currency, people are very much interested in crypto currency to use as currency, It is famous investment which is not supported yet by government in my country so it is hard for it to become stable coin, it is not good and not possible as well to see it as stable coin, the rise and fall of price is its real attraction.

omonuyak

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Quote from: onecall123 on June 05, 2019, 03:17:01 AM

Quote from: niguezz on June 03, 2019, 12:29:37 PM

It will never become a stable coin in my opinion.

Bitcoin is so much volatile, that's clear. It's still in the developing process, lots of regulation already implement over it and there many rules and regulation would be proceed. I think things are changing rapidly and to state future performance of bitcoin still early.

It is because of the volatility that many businesses especially the mainstream online business class are not using bitcoin as a mode of payment. A time will come when that is going to happen but it will not happen if this volatility continues. Bitcoin should be stable for the society to adopt it in their day to day financial transactions.

onecall123

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Quote from: niguezz on June 03, 2019, 12:29:37 PM

It will never become a stable coin in my opinion.

Bitcoin is so much volatile, that's clear. It's still in the developing process, lots of regulation already implement over it and there many rules and regulation would be proceed. I think things are changing rapidly and to state future performance of bitcoin still early.

tonyja2017

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Bitcoin really cannot be a stable currency. because it is being very much whale holds the BTC number. They can manipulate the price of the BTC up to more than $ 20000 in 2019 and that is very easy.
therefore, you cannot expect stability when manipulation still occurs every day.

Ridwan Fauzi

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If you mean bitcoin is stable coin such as USD's price movement it's impossible because its price alwasy movement and didn't stuck in a price area, for instance in a price of $8000. Bitcoin price is still has a volatile price, as you may know its price has been increasing from last year that only has $3000 but now its price is $8000. You can imagine if you still consider that the bitcoin price is stable with $5000 increasing price in a few months only.

Aivaryamal

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Bitcoin will grow steadily unlike many other cryptocurrencies because it already has a huge number of users and many large players have contributed their money to this industry

nutella_11

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Well, to me, Bitcoin isn't stable and it never will. It's always hard to predict his fluctuations

JPSelzer

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That's not so. Of course, the price of bitcoin does not jump as sharply as before, but it can still be quite successfully traded. Try different strategies and you will succeed.

A L I E N

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Quote from: kotajikikox on June 01, 2019, 07:54:40 PM

We knows this bitcoin showing good sign for their stabilities as currency, hoping this is a chance to hit again the all time high.

Quote from: ShowOff on June 01, 2019, 07:21:02 PM

Quote from: omonuyak on June 01, 2019, 02:40:58 PM

Quote from: lohladex on June 01, 2019, 01:29:06 PM

I understand the Bitcoin Price was a bit stable as at the time the topic was created. Volatility is what makes Cryptocurrency market the best. Stability in the price of bitcoin would not yield the investors or traders any profit . The general nature of Cryptocurrencies is Volatile , that is what brings profitability. Experienced traders buys at deep and sell when the price improves. Bitcoin will never be a stable Coin . The Volatility helps the market a lot .

Volatility is good for traders but stability create acceptability and adoption. No one will use a currency that is not stable because we actually need retailers or wholesalers to be able to accept bitcoin as a mode of payment and at that bitcoin will realize it potential.

Pros and contras about this, actually something natural. Depends on who see about it, traders must want volatile to make profit and the other want it to stable so it can be payment and adopted in worldwide.

I understand too what do you want to deliver about volatility, but we need to be positive thinker to believe bitcoin gives another opportunity to earn profits.

How can a virtual currency, which depends on demand and supply get such a characteristic as stability? No, it is not stable. However, it is reliable: it means that BTC will live and it will not die or fall to the bottom.

bitbunnny

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Even in periods when price seems not to move anywhere Bitcoin is not a stable coin. Some fluctuations and volatility is always present, no matter how small it seems. Price is always under some influence and changes according to conditions in the market, supply and demand so I don't think that Bitcoin will ever become stable, it's not in its nature.

ginobitcoiner

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I'm not sure if bitcoin can be said to be a stable coin, the price keeps changing, even though at this time the price doesn't change too significantly, but still bitcoin can't be said to be a stable coin.

wawanlindu

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In my opinion, cryptocurrency can be said to be stable coin which has four characteristics such as price stability, scalability, privacy and decentralization.
In addition, stablecoin is considered to have a good concept, easy integration for partners and good exchange capabilities.

Malamok101

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Bitcoin is almost stable from different coins as you can see in the market also it has a big potential to increase like what happen last year of 2017.

niguezz

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It will never become a stable coin in my opinion.

sulendra12

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Quote from: emmybd on June 03, 2019, 02:05:12 AM

Well, some people started thinking bitcoin as an stable coin, but that's not the case. What happened to bitcoin over the past few weeks, the price is more than doubled, so i believe it is still a long way to go to be a stable coin.

Bitcoin will never become a stable coin. Volatile makes Bitcoin somehow special, if you get rid of that than it would never be a Bitcoin anymore.

Quote from: Kiefner on June 02, 2019, 06:53:09 PM

Yes, bitcoin can be called stable in some sense. Its price is not changing as quickly as before and this is a good sign.

That's not how you call a stable coin.

Tungsten-1

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Quote from: kodtycoon on June 02, 2019, 11:36:26 AM

Quote from: nur rochid on June 02, 2019, 04:09:28 AM

Quote from: Clark05 on June 01, 2019, 11:22:54 PM

Last week of month of May and even now the first week of June the value of the bitcoin is stable around $8300- $9000. I hope the price will be there only and not decrease but better to rise like more than $10,000.

We still do not know right now if the bitcoin is stable or not but we can stable the value of this if we are supporting this.

I think it will be difficult for us to stabilize the price of bitcoin, without having large funds, but at least by doing activities without panic, it will help our goals be achieved, moreover we spread news that is useful for many people

bitcoin will not be stable because bitcoin does not have a centralized institution so prices will continue to move up and down, there is no need to expect much for a stable bitcoin and for now it will definitely continue to increase

Bitcoin is not a stable coin and we don’t like it as stable coin because the price increase and decrease make it happen when we get our profits. Stability is good but not that much which does not let you earn more. For investors and traders the Bitcoin’s price movement is super cool and that is why they are always having a great time in the crypto market. Stability is important but in crypto coins I like the same price movement.

emmybd

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Well, some people started thinking bitcoin as an stable coin, but that's not the case. What happened to bitcoin over the past few weeks, the price is more than doubled, so i believe it is still a long way to go to be a stable coin.

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