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Topic: Bitcoin now a stable coin? - page 4. (Read 12928 times)

full member
Activity: 451
Merit: 100
Decentralized Ascending Auctions on Blockchain
June 02, 2019, 11:38:40 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. Bitcoin will grow in the future, but not so fast. But it still remains a good investment.
Bitcoin is not really stable and the value of this coin is constantly changing, making many investors unable to determine the trend of this market. I think if you invest Bitcoin for a long time, you will earn a high profit but if trading in this time period thenthe loss can happen at any time if the market enters a big correction. In June everything seems to be very good but according to my assessment there will be a fluctuation this week so be careful
sr. member
Activity: 641
Merit: 253
▰▰▰ Global Cryptocurrency Paymen
June 02, 2019, 06:31:42 PM
Bitcoin is not a bubble anymore but it is not a stable coin too! Bitcoin needs many improvements to be a strong & stable coin! Though Bitcoin price may stick on a price zone for a long time like BTC price is being strong at 8200-8500 USD right now, but it is not the stable price! The good thing is, Bitcoin price is growing gradually, which means we are getting a higher price in the future as a stable price zone for BTC!
member
Activity: 921
Merit: 10
June 02, 2019, 05:53:09 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. Bitcoin will grow in the future, but not so fast. But it still remains a good investment.
full member
Activity: 815
Merit: 101
June 02, 2019, 10:43:11 AM
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.
indeed for current prices bitcoin has increased and decreased there is still no stable point, but keep in mind if bitcoin has a stable in another sense that is not price but about the resilience of bitcoin which is still the main and most popular coins among other coins amid the issue of coins that are scam and others. bitcoin still has the best price and the best value.
legendary
Activity: 1568
Merit: 1002
June 02, 2019, 10:36:26 AM
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
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
June 02, 2019, 03:10:19 AM
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 alive and breathing.

There are times when bitcoin price is stable. Last year bitcoin remain stable between 6000 - 7000$ for few months. This year at the start bitcoin remain stable between 3500 - 4000$ for about 2 months. But there are times when bitcoin is very unstable and it moves 200- 500$ up and down daily.

I think it is impossible for bitcoin to become stable because there is no one who can control and make bitcoin value stable. This is one drawback of decentralized currency.
full member
Activity: 1050
Merit: 100
June 02, 2019, 03:09:28 AM
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
legendary
Activity: 1344
Merit: 1001
June 02, 2019, 12:01:29 AM
We knows this bitcoin showing good sign for their stabilities as currency, hoping this is a chance to hit again the all time high.

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.
sr. member
Activity: 1274
Merit: 263
June 01, 2019, 10:22:54 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.
full member
Activity: 2590
Merit: 228
June 01, 2019, 06:54:40 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.

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.
hero member
Activity: 2730
Merit: 632
June 01, 2019, 06:40:32 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.
The word 'Currency' wont really fit out with Bitcoin or any other altcoins in the market due to volatility.I dont know why people do really forces out for this thing to happen.
Just let it be yet btc do have its own purpose and its own market but cant really be fully adopted or considered to be a currency but i do highly believe this is just an asset when it
comes to investment thing.Stability on btc? It wont happen.
full member
Activity: 1008
Merit: 101
June 01, 2019, 06:39:21 PM
I don't think so, because there are many factors that can affect the price, so the price becomes volatile and unpredictable. like a year ago it fell at an unexpected rate after the price reached 20k
Bitcoin will never become a stable coin. Based on supply and demand law bitcoin price should be tend to rise. The limitation on bitcoin maximum amount and the growung number of people who want to obtain bitcoin will make its price increase. Bitcoin is not spread evenly yet, I mean there some people who have a lot of bitcoin they can make its price move extreemely.
bitcoin should indeed become a rising coin, but nowadays bitcoin sometimes experiences pumps and dumps. so I think bitcoin can't be said to be a stable coin, but bitcoin is far better than any coin at the moment.
Agree with you crypto currency like bitcoin has the most volatile nature so if the price is getting low or higher we should take advantage of it, buy at low price then after holding you can sell it at higher, it cannot be stable because if it will be stable so then it will not be much interested for people as people are taking interest only because it is unstable to give us profit after holding.
legendary
Activity: 2618
Merit: 1181
June 01, 2019, 06:21:02 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.
sr. member
Activity: 882
Merit: 269
June 01, 2019, 01:40:58 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.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
June 01, 2019, 01:36:00 PM
Does it currently look like stable coin? Because at the moment the price of bitcoin is up as much as almost 3x over the lowest number a few months ago
When this thread was created there's no current movements in terms of this coin value, or it's just a little pumped or dumped, but afterwards we seen that particular rise giving a big benefits to those who bought when it reached the bottom from the correction that's been happen after the huge rally of 2017-18 bull, again there's no sure thing inside but always have surprises for all the traders and investors.
Surprise will always be on the cryptocurrency market whether it is up or down, but for now it can be said to be stagnant because it only moves around $8.5k and what must be known is that the bitcoin price will not be stable, if the price of bitcoin is stable is an advantage for the future of bitcoin itself because maybe with stable prices it will boost more adoption that occurs in many sectors.
copper member
Activity: 266
Merit: 0
June 01, 2019, 12:29:06 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 alive and breathing.
sr. member
Activity: 840
Merit: 268
June 01, 2019, 10:35:22 AM
Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol
Really USDT? You are overexaggerating the situation of bitcoin. Despite of having lots of regulation bitcoin stays the same. It is the same as it is as this thing is still volatile. It will never be a stable coin, more like a volatile coin but at least not that super volatile out of regulations.
full member
Activity: 460
Merit: 100
June 01, 2019, 10:24:01 AM
Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

How come bitcoin a stable coin? It is obvious that this is cryptocurrency and we don't expect any coins that will be a stable with regards crypto. It seems you're still newbie, I know you aim to learn in crypto trading you should deep research together with take experiences regrading crypto trading to make you fully achieved on what you're aiming for.
sr. member
Activity: 2590
Merit: 452
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June 01, 2019, 10:14:22 AM
I don't think so, because there are many factors that can affect the price, so the price becomes volatile and unpredictable. like a year ago it fell at an unexpected rate after the price reached 20k
Bitcoin will never become a stable coin. Based on supply and demand law bitcoin price should be tend to rise. The limitation on bitcoin maximum amount and the growung number of people who want to obtain bitcoin will make its price increase. Bitcoin is not spread evenly yet, I mean there some people who have a lot of bitcoin they can make its price move extreemely.
bitcoin should indeed become a rising coin, but nowadays bitcoin sometimes experiences pumps and dumps. so I think bitcoin can't be said to be a stable coin, but bitcoin is far better than any coin at the moment.
No one can predict even though currently bitcoin can be said to be stable.
but I personally bitcoin is more efficient to invest in the long term, to avoid worries or doubts and stay consistent to wait for the highest price, it would be much better if you feel doubtful in the movement of bitcoin.
sr. member
Activity: 677
Merit: 250
June 01, 2019, 09:22:47 AM
I don't think so, because there are many factors that can affect the price, so the price becomes volatile and unpredictable. like a year ago it fell at an unexpected rate after the price reached 20k
Bitcoin will never become a stable coin. Based on supply and demand law bitcoin price should be tend to rise. The limitation on bitcoin maximum amount and the growung number of people who want to obtain bitcoin will make its price increase. Bitcoin is not spread evenly yet, I mean there some people who have a lot of bitcoin they can make its price move extreemely.
bitcoin should indeed become a rising coin, but nowadays bitcoin sometimes experiences pumps and dumps. so I think bitcoin can't be said to be a stable coin, but bitcoin is far better than any coin at the moment.
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