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Topic: Bitcoin now a stable coin? - page 6. (Read 12876 times)

hero member
Activity: 994
Merit: 502
May 07, 2019, 01:26:42 PM
Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol
I don't see a parallel between Bitcoin and any other stable coin. Stable coins are those cryptocurrencies that are designed to achieve the common goal of providing a stable means of savings. And Bitcoin was not originally developed for this purpose. Therefore, at the moment and with these requirements for cryptocurrencies in general and the characteristics of stable coins Bitcoin doesn't meet the requirements for stable coins.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
May 07, 2019, 12:26:53 PM
Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

at this moment i think so. bitcoin is now much stable coin than last years. last year people thought it's over for bitcoin but we all know bitcoin didn't come for gone. now after couple of correction bitcoin too much stable than ever. people start invest on bitcoin and market going in green again.
But it is not a coin like USDT. Roll Eyes

Bitcoin is showing steady growth this year than the 2018 which doesn't mean it is a stable coin it is the better coin.
It's a better one compared to any available cryptos, it isn't stable even we are seeing small movements, the market is always an opportunity insides the investors minds, take advantage of flat movements as you won't be able to see it back when the bull begins to rush out and run strongly inside the market.
legendary
Activity: 3164
Merit: 1175
May 07, 2019, 12:22:53 PM
Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

at this moment i think so. bitcoin is now much stable coin than last years. last year people thought it's over for bitcoin but we all know bitcoin didn't come for gone. now after couple of correction bitcoin too much stable than ever. people start invest on bitcoin and market going in green again.
i still think BTC will never become a stable coin, when the ctypocurrency market is too small and BTC is the only top crypto worthy for long term, so as much as people try to use Bitcoin to pump and dump, it will always unstable , maybe when the down trend market happened recently, we can see the price of BTC did not have much growth or drop.

Of course bitcoin will never be a stable coins, and I can`t see any similarities like OP can, and with tether, the exchange coin. There are good coins with potentially great future, that`s why this thread is trolling, guy compared bitcoin and tether, is that possible?
There is no help for him, in any way. Back to basic if you really think that bitcoin can compared with tether, back to basic if you think that someone can help OP to recover from his stupidity.
full member
Activity: 420
Merit: 100
May 07, 2019, 12:11:00 PM
Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

at this moment i think so. bitcoin is now much stable coin than last years. last year people thought it's over for bitcoin but we all know bitcoin didn't come for gone. now after couple of correction bitcoin too much stable than ever. people start invest on bitcoin and market going in green again.
i still think BTC will never become a stable coin, when the ctypocurrency market is too small and BTC is the only top crypto worthy for long term, so as much as people try to use Bitcoin to pump and dump, it will always unstable , maybe when the down trend market happened recently, we can see the price of BTC did not have much growth or drop.
full member
Activity: 1498
Merit: 146
May 07, 2019, 12:01:33 PM
Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

at this moment i think so. bitcoin is now much stable coin than last years. last year people thought it's over for bitcoin but we all know bitcoin didn't come for gone. now after couple of correction bitcoin too much stable than ever. people start invest on bitcoin and market going in green again.
But it is not a coin like USDT. Roll Eyes

Bitcoin is showing steady growth this year than the 2018 which doesn't mean it is a stable coin it is the better coin.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
May 07, 2019, 10:20:21 AM
at this moment i think so. bitcoin is now much stable coin than last years. last year people thought it's over for bitcoin but we all know bitcoin didn't come for gone. now after couple of correction bitcoin too much stable than ever. people start invest on bitcoin and market going in green again.
Year 2017 was the biggest rise of bitcoin. Last year that is 2018 was more or less a stable phase at 6k USD and the long bear market. What we talk about as volatility the daily change in price during last year was around 1-2% and that does not make the price too volatile. What was previously going on can be considered volatile at times but not always.

I dont think this this is a bad time to invest but a good time but today the market was a bit greed so probably the good price to enter would be 5.5k USD is that is touched.
hero member
Activity: 980
Merit: 506
May 04, 2019, 08:03:13 AM
Honestly, I will never like btc if that happens for a long time. But bitcoin isn't going to be a stable coin because it will be a world currency just like the dollar which sometime increase and sometimes fall which depends on the state of the economy. Just picture how boring the market will be if btc won't make huge moves in 5-10 years.
It is actually difficult to determine if the dollar is going up or the currency you measure the dollar in is gaining value. Plus in addition, Bitcoin growth is not determined by the rise of fall in the value of dollar but purely by how much the demand for the coins rise. Market forces are the ones that do so. Speaking furthermore, since there is a cyclical way in which the market works, BTC will both go up and down with the passage of time.
full member
Activity: 980
Merit: 101
May 04, 2019, 07:21:30 AM
Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

at this moment i think so. bitcoin is now much stable coin than last years. last year people thought it's over for bitcoin but we all know bitcoin didn't come for gone. now after couple of correction bitcoin too much stable than ever. people start invest on bitcoin and market going in green again.
hero member
Activity: 2590
Merit: 585
Leading Crypto Sports Betting & Casino Platform
May 02, 2019, 03:23:08 PM
I hope that by now you have realized that it is not a stable coin. That do happens at times, whenever it is dropping there are times it will get to a certain price and it will become stable at that price and make people think that as the bottom price, before you know it starts to go down again. The same with how it goes up, just like it has been in $5,400+ recently and seemed like it is stable and sometimes it goes downwards making you think it is going down before you know it climbs to another higher rate with speed.
full member
Activity: 588
Merit: 101
May 01, 2019, 08:31:02 AM
I don't think Bitcoin is a stable coin because the value of Bitcoin changes constantly. This is shown through the years Bitcoin price increases gradually. Therefore Bitcoin is always of high value and not a stable coin.

It is the most expensive cryptocurrency for now (and for long). However, its volatility is great. Due to its price changes, the other cryptos prices are not stable as well. Bitcoin is the leader, but it is not stable.
full member
Activity: 476
Merit: 100
May 01, 2019, 06:14:39 AM
Honestly, I will never like btc if that happens for a long time. But bitcoin isn't going to be a stable coin because it will be a world currency just like the dollar which sometime increase and sometimes fall which depends on the state of the economy. Just picture how boring the market will be if btc won't make huge moves in 5-10 years.
hero member
Activity: 2814
Merit: 576
April 30, 2019, 10:12:11 PM
Bitcoin is volatile so it means they change the value anytime is either rising or falling, but as of now price is stick tot he price od $5200 each and still good even a little bit change we expeienced decreased last few days ago. Bitcoin will be stable once we reached again more higher value not stable to the low value but we want stable price at higher price.
I don't expect it will be literally stable anytime soon.
Bitcoin's volatility is its norm, from the start, its already volatile and that also affects the altcoins in the market.
We can look at the history of bitcoin, a price pump and dump of 20 to 50% is just normal, it could happen in minutes or in hours.
hero member
Activity: 1778
Merit: 504
WorkAsPro
April 30, 2019, 09:26:11 PM
Bitcoin is volatile so it means they change the value anytime is either rising or falling, but as of now price is stick tot he price od $5200 each and still good even a little bit change we expeienced decreased last few days ago. Bitcoin will be stable once we reached again more higher value not stable to the low value but we want stable price at higher price.
Everyone wants Bitcoin value to increase this year but panic sale has not ended yet, making this trend very unlikely. I think the market is always going up unexpectedly and it is very difficult for us to predict what price will be achieved because everything happening in the market has its own reasons and we are just small investors in this market. Making money is what we are doing every day but can be seen in 2018, everything we invest is useless when the downward trend continues for a long time.
hero member
Activity: 1834
Merit: 523
April 30, 2019, 06:00:21 PM
Bitcoin is volatile so it means they change the value anytime is either rising or falling, but as of now price is stick tot he price od $5200 each and still good even a little bit change we expeienced decreased last few days ago. Bitcoin will be stable once we reached again more higher value not stable to the low value but we want stable price at higher price.
hero member
Activity: 1190
Merit: 541
April 30, 2019, 04:38:15 PM
Yes, Bitcoin is now a stable currency. Bitcoin's price change does not mean that Bitcoin is not stable. The most stable cryptocurrency in this period is in my opinion Bitcoin. Its usage is increasing day by day because people are reluctant to use Bitcoin. If Bitcoin did not have stable coins, then Bitcoin could not have been the dominant cryptocurrency of this period, and people did not accept Bitcoin as such.
Lol how did you get to know that it is a stable coin, who said that one ? Bitcoin is still as volatile as it used to be from the beginning, and it hadn't changed yet. If it's going to change it might when it all gets mined or maybe when it starts to be regulated. But, as of now if you're going to say that it is stable then you're wrong. It is not stable, or haven't you been here for long to see how it has been moving up and down ? There's sure going to be a bull run soon and after that you will also see how the price is going to fall to another low price just like it does.
full member
Activity: 660
Merit: 101
Colletrix - Bridging the Physical and Virtual Worl
April 30, 2019, 03:28:18 AM
To some extent volatility has significantly reduced. But bitcoin presently can not still be regarded as a stable coin yet. We might see still see some slight volatility in its price untill the crypto space is being regulated.  If you need to trade and store your funds i prefer you stick with the popular stable coins for now
hero member
Activity: 1043
Merit: 500
April 29, 2019, 11:50:42 PM
I don't think Bitcoin is a stable coin because the value of Bitcoin changes constantly. This is shown through the years Bitcoin price increases gradually. Therefore Bitcoin is always of high value and not a stable coin.
hero member
Activity: 784
Merit: 502
April 29, 2019, 11:35:22 PM
Bitcoin is one of the stable coins for its usage but its never been a stable coin based on its value and prices,there maybe some situation came where price ranged at some region but it is never going to stay there.
hero member
Activity: 952
Merit: 500
April 29, 2019, 09:30:28 PM
I can’t call Bitcoin stable. On the contrary, it has a very high volatility. Perhaps in the future, after its legalization, Bitcoin will become stable, but it will not be soon.
hero member
Activity: 1778
Merit: 504
WorkAsPro
April 28, 2019, 10:14:36 PM
Bitcoin couldn't be called stable coin for a long time, it's volatility is much smaller than in past but still it's much if you look at it as a currency. I think there is needed more 4-5 years to stabilize the price.
Bitcoin will never be stable at a price for a long time because if Bitcoin is stable, many other altcoin will have very high prices and this market will probably enter a period of growth but real In fact this will be very unlikely because the market is in a downward trend and the demand for selling Bitcoin is increasing. In my opinion only stablecoin is the most stable in this market because this is the coin that people use when closing their profits and is considered fiat in Cryptocurrency
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