Author

Topic: Bitcoin price stability !! (Read 2326 times)

legendary
Activity: 896
Merit: 1000
June 16, 2015, 02:11:24 PM
#41
Will the prices gets stable if we all started storing the bitcoins and doing lot less short-span tradings? Where will be the bitcoin economy after 2-3 years? The criterias has to be made understandable to general users.

Especially if the exchanges get hacked and lost 70.000 BTC overnight ,which the thief will turn back to fiat.

That hurts the price, but not just that.

Many people give donations to charities which also turn back the money into fiat, instead of that, if you want to pay for charity pay with fiat, but not with bitcoin

charities converting everything to fiat aren't any different than merchants doing the the same. beside that, the impact of charities converting everything into fiat is barely worth mentioning. charities have absolutely no impact on the price. merchants do.

If someone is doing charity with bitcoins, then at this present time, that charity will have to be converted to fiat to make use of that charity. So I suppose in a way it is the part of the economy.

i didn't say it isn't part of the economy. i only stated that charities don't have an impact on the price. unless people donate hundreds/thousands of bitcoins per month. which isn't the case obviously.
sr. member
Activity: 308
Merit: 250
Invest & Earn: https://cloudthink.io
June 16, 2015, 08:46:02 AM
#40
Will the prices gets stable if we all started storing the bitcoins and doing lot less short-span tradings? Where will be the bitcoin economy after 2-3 years? The criterias has to be made understandable to general users.

Especially if the exchanges get hacked and lost 70.000 BTC overnight ,which the thief will turn back to fiat.

That hurts the price, but not just that.

Many people give donations to charities which also turn back the money into fiat, instead of that, if you want to pay for charity pay with fiat, but not with bitcoin

charities converting everything to fiat aren't any different than merchants doing the the same. beside that, the impact of charities converting everything into fiat is barely worth mentioning. charities have absolutely no impact on the price. merchants do.

If someone is doing charity with bitcoins, then at this present time, that charity will have to be converted to fiat to make use of that charity. So I suppose in a way it is the part of the economy.
sr. member
Activity: 350
Merit: 250
June 16, 2015, 06:46:11 AM
#39
Will the prices gets stable if we all started storing the bitcoins and doing lot less short-span tradings? Where will be the bitcoin economy after 2-3 years? The criterias has to be made understandable to general users.

Especially if the exchanges get hacked and lost 70.000 BTC overnight ,which the thief will turn back to fiat.

That hurts the price, but not just that.

Many people give donations to charities which also turn back the money into fiat, instead of that, if you want to pay for charity pay with fiat, but not with bitcoin

Valid point. And I suppose bitcoin's role in ecommerce should also become more prominent. There should be more platforms for exchanging products with bitcoins and not with fiat. That will bring in more acceptance.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
June 16, 2015, 04:36:07 AM
#38
Will the prices gets stable if we all started storing the bitcoins and doing lot less short-span tradings? Where will be the bitcoin economy after 2-3 years? The criterias has to be made understandable to general users.

Especially if the exchanges get hacked and lost 70.000 BTC overnight ,which the thief will turn back to fiat.

That hurts the price, but not just that.

Many people give donations to charities which also turn back the money into fiat, instead of that, if you want to pay for charity pay with fiat, but not with bitcoin

charities converting everything to fiat aren't any different than merchants doing the the same. beside that, the impact of charities converting everything into fiat is barely worth mentioning. charities have absolutely no impact on the price. merchants do.

Yea but atleast merchants offer services and products in return. It makes a demand for bitcoin.

And as the guy above this post mentioned, they dont dump at the same time, so temporarly it gives some upvalue.

However charities are like black holes, any bitcoin you put in them are wasted forever.

If you really want to give to charity, please use fiat or 2% of your taxes, but not Bitcoin, thanks!!
legendary
Activity: 3248
Merit: 1072
June 16, 2015, 01:15:11 AM
#37
Will the prices gets stable if we all started storing the bitcoins and doing lot less short-span tradings? Where will be the bitcoin economy after 2-3 years? The criterias has to be made understandable to general users.

Especially if the exchanges get hacked and lost 70.000 BTC overnight ,which the thief will turn back to fiat.

That hurts the price, but not just that.

Many people give donations to charities which also turn back the money into fiat, instead of that, if you want to pay for charity pay with fiat, but not with bitcoin

charities converting everything to fiat aren't any different than merchants doing the the same. beside that, the impact of charities converting everything into fiat is barely worth mentioning. charities have absolutely no impact on the price. merchants do.

merchants don't dump all at the same time, otherwise ould have been declined below 200 already, also if they dump it means that someone did buy their coins, also as the demand is there no matter who is dumping and how many coins they are dumping

and they can't surely dump below current price, or they will lost value..
legendary
Activity: 896
Merit: 1000
June 15, 2015, 11:17:55 PM
#36
Will the prices gets stable if we all started storing the bitcoins and doing lot less short-span tradings? Where will be the bitcoin economy after 2-3 years? The criterias has to be made understandable to general users.

Especially if the exchanges get hacked and lost 70.000 BTC overnight ,which the thief will turn back to fiat.

That hurts the price, but not just that.

Many people give donations to charities which also turn back the money into fiat, instead of that, if you want to pay for charity pay with fiat, but not with bitcoin

charities converting everything to fiat aren't any different than merchants doing the the same. beside that, the impact of charities converting everything into fiat is barely worth mentioning. charities have absolutely no impact on the price. merchants do.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
June 15, 2015, 05:23:29 AM
#35
Will the prices gets stable if we all started storing the bitcoins and doing lot less short-span tradings? Where will be the bitcoin economy after 2-3 years? The criterias has to be made understandable to general users.

Especially if the exchanges get hacked and lost 70.000 BTC overnight ,which the thief will turn back to fiat.

That hurts the price, but not just that.

Many people give donations to charities which also turn back the money into fiat, instead of that, if you want to pay for charity pay with fiat, but not with bitcoin
sr. member
Activity: 308
Merit: 250
Invest & Earn: https://cloudthink.io
June 15, 2015, 05:17:45 AM
#34
Will the prices gets stable if we all started storing the bitcoins and doing lot less short-span tradings? Where will be the bitcoin economy after 2-3 years? The criterias has to be made understandable to general users.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
June 15, 2015, 05:06:27 AM
#33

Absolutely. It has to have that stability to let more people get into bitcoins. If it keeps falling down, as the current trend, then it will lose its attraction.

Do this voluntary work and the price will never fall:
https://bitcointalksearch.org/topic/voluntary-work-to-help-bitcoin-1086761

I already got the temporary solutions invented until more people start buying bitcoin Smiley
sr. member
Activity: 350
Merit: 250
June 15, 2015, 04:31:21 AM
#32
Bitcoin price can only be described as wildly volatile.  Actually in my experience all cryptos pretty much are volatile.  The reason is that there is an awful lot of speculation and short term trading in the market.  This isn't exactly a bad thing as bots and traders provide liquidity.  It is bad however when they cause wild swings in price.  Bitcoins need to be stable in price before they are wildly adopted as a currency.  until then they are just another investment like gold or bonds.

Absolutely. It has to have that stability to let more people get into bitcoins. If it keeps falling down, as the current trend, then it will lose its attraction. If it remains consistent in its prices, then there should not be any problem for any government to accept it.
hero member
Activity: 706
Merit: 500
https://twitter.com/CryptoTrout
June 15, 2015, 02:22:27 AM
#31
yea this low volatility is getting kind of boring.  we need more leverage

hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
June 15, 2015, 01:33:11 AM
#30
Atleast the daily volatility is decreasing. Maybe the OP has a bad way of expressing himself but he is actually right.

Unless some major news come, the price will stabilize around 210€ soon.
hero member
Activity: 742
Merit: 500
June 14, 2015, 07:00:42 PM
#29
i think bitcoin is fluctuate even each hour so bitcoin price is not stable,but we can said that price bitcoin stable on a range (i.e $220-@238) cmiiw
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
June 13, 2015, 09:46:36 AM
#28
Can someone actually predict the bitcoin prices? Is there anyway to do that? Please let me know. At least there should be a system to know what are the factors that causes the bitcoin prices go up and down.
You can roughly predict the prices to a certain accuracy, around 10-40% accurate. Honestly, a lot of factors can affect it. Huge security issues, shut down or hacking of large exchange or just a huge whale pulling the price down. No one can ever predict the price accurately, it is relatively volatile.
legendary
Activity: 1036
Merit: 1001
/dev/null
June 13, 2015, 09:35:32 AM
#27
Lol. Bitcoin price will never be stable

lol, educate yourself before posting bullshit like this one..please.
sr. member
Activity: 378
Merit: 250
June 13, 2015, 08:50:39 AM
#26
the price of bitcoin isnt stable now.
it is moderately changing nowadays. you should make better focus on your price stability . Tongue
the price is stable i think as there are no big drops, bouncing 220-240 is really normal i think

You are considering short span of time. If you consider last 6-7 months then avg. price fall has been over 30% which is not good. I think what we need is a little tweak/change to somehow take the prices up. Though, on the other hand, as much as the prices goes lower, more people will get into Bitcoins.
legendary
Activity: 3248
Merit: 1072
June 13, 2015, 05:37:29 AM
#25
Can someone actually predict the bitcoin prices? Is there anyway to do that? Please let me know. At least there should be a system to know what are the factors that causes the bitcoin prices go up and down.

there is something like this http://www.btcpredictions.com/, but we all know that true prediction, in the sense that you always hit the right prediction you do, does not exist
hero member
Activity: 546
Merit: 501
June 13, 2015, 03:41:32 AM
#24
Can someone actually predict the bitcoin prices? Is there anyway to do that? Please let me know. At least there should be a system to know what are the factors that causes the bitcoin prices go up and down.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
June 13, 2015, 01:29:46 AM
#23
Bitcoin price can only be described as wildly volatile.  Actually in my experience all cryptos pretty much are volatile.  The reason is that there is an awful lot of speculation and short term trading in the market.  This isn't exactly a bad thing as bots and traders provide liquidity.  It is bad however when they cause wild swings in price.  Bitcoins need to be stable in price before they are wildly adopted as a currency.  until then they are just another investment like gold or bonds.

They arent volatile anymore, atleast bitcoin's volatility has ceased. It is stabilizing now, so in some way the OP is correct.

The weekly volatility is hovering around 3-4% which is great (in crypto world) compared to the 20-30% that way 1 year ago.

So if anyone baby cries over volatility, then open your eyes and look again, it is getting stable, without a central bank Smiley
tyz
legendary
Activity: 3360
Merit: 1533
June 12, 2015, 08:35:57 AM
#22
This is the nature of a free tradeable good what Bitcoin is.

Bitcoin and stability should never be used in the same sentence. Every time we think BTC is stabilizing, it proves us wrong again and again.
full member
Activity: 125
Merit: 100
June 12, 2015, 08:05:07 AM
#21
Grin
HERE IS A CURRENT PRICE OF BITCOIN !!
AND ITS STABLE NOW :p
http://cc.cc/6l43

Lol. Bitcoin price will never be stable
legendary
Activity: 2268
Merit: 1140
June 12, 2015, 08:03:08 AM
#20
It's volatile always.   There are swings of 10-20% all of the time.   I imagine in the distant future, it will stabilize.  There will likely be a huge upswing in 2016 with the block reward halving.
legendary
Activity: 3248
Merit: 1072
June 12, 2015, 01:31:16 AM
#19
the price of bitcoin isnt stable now.
it is moderately changing nowadays. you should make better focus on your price stability . Tongue
the price is stable i think as there are no big drops, bouncing 220-240 is really normal i think

this is not stability and it will never be.. I was also wanted to have a price stability but in reality it will not stable..

this is exact stability, the best that bitcoin has achieved until know, price will never be one number only, ever, 100% stability don't exist in any asset, so it's a bit naive to think that one day, bitcoin will reach that point

as long as there isn't high volatility, you can call the situation good enough, like it is in this moment, it's a good example
sr. member
Activity: 392
Merit: 250
June 11, 2015, 09:45:36 PM
#18
Bitcoin and stability should never be used in the same sentence. Every time we think BTC is stabilizing, it proves us wrong again and again.
newbie
Activity: 56
Merit: 0
June 07, 2015, 11:20:24 PM
#17
the price of bitcoin is fluctuate in every hour. So its not stable.
sr. member
Activity: 322
Merit: 250
June 07, 2015, 06:43:45 PM
#16
Bitcoin price can only be described as wildly volatile.  Actually in my experience all cryptos pretty much are volatile.  The reason is that there is an awful lot of speculation and short term trading in the market.  This isn't exactly a bad thing as bots and traders provide liquidity.  It is bad however when they cause wild swings in price.  Bitcoins need to be stable in price before they are wildly adopted as a currency.  until then they are just another investment like gold or bonds.
From the long run it is not good for the ecosystem of crytp currencies. Ppl tend to speculate on the wild swings in price and get quick profits. IMO we need long term investors to support the buildup of bitcoin infrastructure and need loyal bitcoiners to spread bitcoin ideas to increase the adoption rate. If there is no average users and business, who buy up bitcoins, what is the point of liquidity on the market? Can you remember the situation in the end of 2013? Many speculators are flocking to bitocin then suddenly bitcoin bubble burst!   

Actually I agree with you.  I think first businesses need to start accepting bitcoin payments, and then their suppliers.  But yes none of this will happen until these wild price swings tamp down a bit.
member
Activity: 72
Merit: 10
June 07, 2015, 05:56:34 PM
#15
Well thanks to Malwarebytes, it saved a few minutes of my life to look at that nonsense (as other people said). Glad I read the comments too!
legendary
Activity: 1624
Merit: 1196
Reputation first.
June 07, 2015, 05:55:05 PM
#14
Grin
HERE IS A CURRENT PRICE OF BITCOIN !!
AND ITS STABLE NOW :p
http://cc.cc/6l43


What is the sense of this post? I don't understand ! This post should be posted in the "economy" section, not here. Anyway, I don't want to open that link because I don't know if is it legit.

If you're interested in bitcoin price, there is a topic in the economy section whose called "Wall Observer BTC/USD"
hero member
Activity: 602
Merit: 500
June 07, 2015, 05:49:31 PM
#13
the price of bitcoin isnt stable now.
it is moderately changing nowadays. you should make better focus on your price stability . Tongue
the price is stable i think as there are no big drops, bouncing 220-240 is really normal i think

this is not stability and it will never be.. I was also wanted to have a price stability but in reality it will not stable..
full member
Activity: 238
Merit: 100
★YoBit.Net★ 200+ Coins Exchange & Dice
June 07, 2015, 04:33:36 PM
#12
the price of bitcoin isnt stable now.
it is moderately changing nowadays. you should make better focus on your price stability . Tongue
the price is stable i think as there are no big drops, bouncing 220-240 is really normal i think
legendary
Activity: 1223
Merit: 1002
June 07, 2015, 04:08:07 PM
#11
Dude, you made my day  Wink
member
Activity: 98
Merit: 10
June 07, 2015, 02:29:35 AM
#10
the price of bitcoin isnt stable now.
it is moderately changing nowadays. you should make better focus on your price stability . Tongue
legendary
Activity: 1316
Merit: 1004
June 07, 2015, 02:23:31 AM
#9
Bitcoin price can only be described as wildly volatile.  Actually in my experience all cryptos pretty much are volatile.  The reason is that there is an awful lot of speculation and short term trading in the market.  This isn't exactly a bad thing as bots and traders provide liquidity.  It is bad however when they cause wild swings in price.  Bitcoins need to be stable in price before they are wildly adopted as a currency.  until then they are just another investment like gold or bonds.
From the long run it is not good for the ecosystem of crytp currencies. Ppl tend to speculate on the wild swings in price and get quick profits. IMO we need long term investors to support the buildup of bitcoin infrastructure and need loyal bitcoiners to spread bitcoin ideas to increase the adoption rate. If there is no average users and business, who buy up bitcoins, what is the point of liquidity on the market? Can you remember the situation in the end of 2013? Many speculators are flocking to bitocin then suddenly bitcoin bubble burst!   
sr. member
Activity: 322
Merit: 250
June 07, 2015, 01:53:07 AM
#8
Bitcoin price can only be described as wildly volatile.  Actually in my experience all cryptos pretty much are volatile.  The reason is that there is an awful lot of speculation and short term trading in the market.  This isn't exactly a bad thing as bots and traders provide liquidity.  It is bad however when they cause wild swings in price.  Bitcoins need to be stable in price before they are wildly adopted as a currency.  until then they are just another investment like gold or bonds.
legendary
Activity: 2674
Merit: 3000
Terminated.
June 06, 2015, 06:40:00 AM
#7
price is not even close to being stable. is this a joke?

what is this link? why don't you post the direct link instead of the shortened one.
Relax. This isn't a shortened link, it is actually a website for uploading screen captures. This is the website:  http://cc.cc/
If you want a different view, on a different website here it is: http://prntscr.com/7drn93

What he posted is pretty much useless.
legendary
Activity: 1946
Merit: 1137
June 06, 2015, 06:36:57 AM
#6
price is not even close to being stable. is this a joke?

what is this link? why don't you post the direct link instead of the shortened one.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
June 06, 2015, 06:04:46 AM
#5
very good informations here, thank you  Grin
hero member
Activity: 695
Merit: 500
June 06, 2015, 04:01:16 AM
#4
OMG you are the best...
Now i have a site to check the stability of BTC
tyz
legendary
Activity: 3360
Merit: 1533
June 06, 2015, 03:57:13 AM
#3
ROFL, it is just a joke. i guess he dreams of a alltime fixed Bitcoin price.
Remember, nothing will ever be stable except human stupidity  Cheesy
legendary
Activity: 2674
Merit: 3000
Terminated.
June 06, 2015, 03:20:08 AM
#2
This thread doesn't even make sense. You've posted a screenshot of the current price only.
This isn't the right section for this. The price isn't stable either.
However, it is much less volatile than it used to be.
hero member
Activity: 686
Merit: 500
June 06, 2015, 02:57:03 AM
#1
 Grin
HERE IS A CURRENT PRICE OF BITCOIN !!
AND ITS STABLE NOW :p
http://cc.cc/6l43
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