Bitcoin stability - page 2. | Bitcointalksearch.org

aoluain

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Quote from: Saunder2018 on October 29, 2018, 08:30:19 PM

Even though Bitcoin's stability is not directly affecty by politics, it dies get affected indirectly. For example, a person going through some financial problem due to the political instability, he will have to liquidate the cryptos in his possession and this is how it might affect Bitcoin's stability.

I agree, there are effects on crypto from political decisions. The decisions dont
have to be directed at crypto and they dont even have to be negative.

IMO opinion BREXIT which is a political and social event may well be having an
effect on crypto. The current political budget standoff between Italy and the E.U
might end up having an effect on crypto.

In times of financial insecurity where can we put some FIAT so that it is out of
reach from banks and governments?

criza

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The nature of a Bitcoin as decentralized of blockchain technology system sure does hold its own fortune of stabilization. It means that the government or the politics will not have a direct effect on the Bitcoin's stability. However, politics is still politics. It may not be a direct catalyst for the Bitcoin's stability but, it can affect the perception of people in general who are making an investment to the aforementioned crypto currency. The political issues can persuade others to engage in Bitcoin and the possibility also of convincing others not engage in Bitcoin is also present. Thus, the rhetorical power of political issues may somehow affect the Bitcoin's stability.

rose9696

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Quote from: qumeijia on October 26, 2018, 11:53:02 AM

I am eager to know how do politic situations particular countries affect the Bitcoin stability, is ti really affecting Bitcoin. As we know that Bitcoin is decentralized of blockchain technology and I think that it will not be affected by politic issues of certain states. In other side, politics is affecting of economic stability. It potentially contributes to break or strengthen the economic in many countries. I would like to know other opinions.

I do not think it can be stable. Underground organizations do not like this and changing the structure of blockchain technology is not possible. The SEC has asked for a decentralized market, but that is the advantage of blockchain technology. It is impossible to manage and control this market.

FunGate

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I think it can strengthen the economic health of countries by giving more people more spending power. Millions of previously unbanked people are becoming capable of participating in the world economy, both by selling their goods and services and buying them.

justspare

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Quote from: Idrisu on October 29, 2018, 03:13:25 AM

Bitcoin is getting stable this days and this is a sign that professional has started coming into the market. We seriously need this stability for retail and wholesale business to adopt cryptocurrencies. If price is not stable bitcoin cannot be use as a mode of payment for good and services but if it is stable people will be happy to used it.

Institutional traders and investors have always been in this market, but certainly I can understand that this market is increasing in maturity by the day. However, when it comes to maturity, it is still not compared to the type you will probably be seeing with the stock markets or likewise.

The fact that we are seeing some less volatility now is simply because the market is trying to find where to breakout to and in this case, it is usually the best man between the bulls and the bears that will end up winning this fight, which in this case now, we are getting close to that point gradually. Wait until that break out happens and then you will find out pretty well that there is still a huge level of volatility in this market.

Aristotle71

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I don't think political situations will directly affect the bitcoin stability. Bitcoin is decentralized and that is why political issues doesn't affect it much.

Jeremie502

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It depends on so many things. For example, if somehow the USD price crashes, won't it affect the price bitcoin? It surely will. Sometimes socio politic issues big enough can directly influence bitcoin price.

Dennie741

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Well every political situations will not effect the price of bitcoin but some do. For example if the value of dollar decreases dramatically it will surely effect bitcoin but matters like Brexit didn't have a effect on the stability of the price of bitcoin which shows the potential of it.

Saunder2018

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Even though Bitcoin's stability is not directly affecty by politics, it dies get affected indirectly. For example, a person going through some financial problem due to the political instability, he will have to liquidate the cryptos in his possession and this is how it might affect Bitcoin's stability.

tosmartak

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Quote from: Idrisu on October 29, 2018, 03:13:25 AM

Bitcoin is getting stable this days and this is a sign that professional has started coming into the market. We seriously need this stability for retail and wholesale business to adopt cryptocurrencies. If price is not stable bitcoin cannot be use as a mode of payment for good and services but if it is stable people will be happy to used it.

That is not a sign of anything professional. It has happened before and it will happen again. Stuffs like this usually happen, when we get to see the market trying to find a direction. The bears have been in action for a while now, the bulls have been trying to fight back at the $6k region with the bears up till now still trying to push it down as much as they can. Just like any other fight, someone will always have to give up at the end, and this is the scenario where things may likely start getting pretty hot anyway, as a break out is imminent. I understand that one way or the other, the market is somehow beginning to act gradually like a stock market, but I really do not think we are even there yet.

LeGaulois

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Quote from: qumeijia on October 28, 2018, 06:53:42 PM

Quote from: LeGaulois on October 28, 2018, 02:44:43 PM

Quote from: Herucooles on October 28, 2018, 01:27:35 AM

The political situation of a country does not affect crypto prices, of course. But political decisions can affect bitcoin prices because positive or negative government regulations make investors think hard for investment.

If Trump decides suddenly the cryptos/crypto activities are banned in the USA, be sure it will affect the price (a result of a political decision) So yes, political decisions can affect the price. But a political situation can too make the Bitcoin value increasing/decreasing. If you take a look back at the Venezuela and Greece crisis, the Bitcoin value was increasing during this both period of time

Isn't politics decisions made for politics situation in particular countries?
We know that U.S is strong economic that probably control or influenced global economic stability. The decision by Mr.President of U.S has big influence to the world economic stability. And I believe that if U.S announces policy relates to Bitcoin for political issues in U.S, it will affect the global cryptocurrenccy especially Bitcoin. So, I think that Politics Issue from strong country still has influential effects for stability of Bitcoin.

Influence effect for its stability? Did you wanted to say "volatility"? Because I don't see how a policy related to Bitcoin in The US can help a stability, a volatility yes I do. And as I said earlier Venezuela and Greece were not what we call a strong economic country

Quote

I would like to point out that bitcoin has always been quite stable most of the time. Almost always it is a stable coin,

lulz what? In 2017 it went from $1,000 to $20,000 in a 12 months period

el kaka22

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Quote from: qumeijia on October 26, 2018, 11:53:02 AM

I am eager to know how do politic situations particular countries affect the Bitcoin stability, is ti really affecting Bitcoin. As we know that Bitcoin is decentralized of blockchain technology and I think that it will not be affected by politic issues of certain states. In other side, politics is affecting of economic stability. It potentially contributes to break or strengthen the economic in many countries. I would like to know other opinions.

I would like to point out that bitcoin has always been quite stable most of the time. Almost always it is a stable coin, however time to time it goes up like madman and than it goes down like madman and than it stays the same for a long time. Remember the time when it skyrocketed from 30 dollars to 250 dollar levels, those times it dropped back to 150 dollars and it was around that price for a very long time.

Remember the time, it went from 250 dollar to ~1300 dollars? It was like that for a long time too. Basically when you talk about how volatile and manipulative the bitcoin is just remember the old times. Right now we are on the stable side of things and I am sure one day bitcoin will skyrocket and be really high (probably will break the all time high price) and than go down and stay there for a long time again.

PlusOne88

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Quote from: qumeijia on October 26, 2018, 11:53:02 AM

I am eager to know how do politic situations particular countries affect the Bitcoin stability, is ti really affecting Bitcoin. As we know that Bitcoin is decentralized of blockchain technology and I think that it will not be affected by politic issues of certain states. In other side, politics is affecting of economic stability. It potentially contributes to break or strengthen the economic in many countries. I would like to know other opinions.

It will not affect given that the users of bitcoin in that area is relatively small. Political situations or crisis could really have an impact over the economy of a country but because bitcoin had a great scope, there is only perhaps a possibility of a very negligible effect to bitcoin not unless if the country may have been the greatest users of bitcoin. Say for example if a country does hold half of the total volume of bitcoin and all of a sudden they would want to sell it due to political instability or banning of the coin in their countries. Yet so far none of these things are quite possible since almost every country supporting bitcoin are really pushing it positively.

Idrisu

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Bitcoin is getting stable this days and this is a sign that professional has started coming into the market. We seriously need this stability for retail and wholesale business to adopt cryptocurrencies. If price is not stable bitcoin cannot be use as a mode of payment for good and services but if it is stable people will be happy to used it.

spongegar

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I think political situations affect crypto currencies if and only if it directly affects crypto currency and or it's holders. For example, a nation wide ban on crypto currency will result to a huge dump and we will see a dip in the price. Calamities also play a part in it especially if the crypto currency holders are affected.

Farahtenan

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Quote from: qumeijia on October 28, 2018, 06:53:42 PM

Quote from: LeGaulois on October 28, 2018, 02:44:43 PM

Quote from: Herucooles on October 28, 2018, 01:27:35 AM

The political situation of a country does not affect crypto prices, of course. But political decisions can affect bitcoin prices because positive or negative government regulations make investors think hard for investment.

If Trump decides suddenly the cryptos/crypto activities are banned in the USA, be sure it will affect the price (a result of a political decision) So yes, political decisions can affect the price. But a political situation can too make the Bitcoin value increasing/decreasing. If you take a look back at the Venezuela and Greece crisis, the Bitcoin value was increasing during this both period of time

Isn't politics decisions made for politics situation in particular countries?
We know that U.S is strong economic that probably control or influenced global economic stability. The decision by Mr.President of U.S has big influence to the world economic stability. And I believe that if U.S announces policy relates to Bitcoin for political issues in U.S, it will affect the global cryptocurrenccy especially Bitcoin. So, I think that Politics Issue from strong country still has influential effects for stability of Bitcoin.

Certainly, political issues affect the value of crypto, US politics is quite concerned about the competition with China. Politics and economics will continue to have an impact on technology and markets, so one hopes that every country is able to give good news and be able to maintain the stability of bitcoins or other spies.

qumeijia

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Quote from: LeGaulois on October 28, 2018, 02:44:43 PM

Quote from: Herucooles on October 28, 2018, 01:27:35 AM

The political situation of a country does not affect crypto prices, of course. But political decisions can affect bitcoin prices because positive or negative government regulations make investors think hard for investment.

If Trump decides suddenly the cryptos/crypto activities are banned in the USA, be sure it will affect the price (a result of a political decision) So yes, political decisions can affect the price. But a political situation can too make the Bitcoin value increasing/decreasing. If you take a look back at the Venezuela and Greece crisis, the Bitcoin value was increasing during this both period of time

Isn't politics decisions made for politics situation in particular countries?
We know that U.S is strong economic that probably control or influenced global economic stability. The decision by Mr.President of U.S has big influence to the world economic stability. And I believe that if U.S announces policy relates to Bitcoin for political issues in U.S, it will affect the global cryptocurrenccy especially Bitcoin. So, I think that Politics Issue from strong country still has influential effects for stability of Bitcoin.

LeGaulois

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Quote from: Herucooles on October 28, 2018, 01:27:35 AM

The political situation of a country does not affect crypto prices, of course. But political decisions can affect bitcoin prices because positive or negative government regulations make investors think hard for investment.

If Trump decides suddenly the cryptos/crypto activities are banned in the USA, be sure it will affect the price (a result of a political decision) So yes, political decisions can affect the price. But a political situation can too make the Bitcoin value increasing/decreasing. If you take a look back at the Venezuela and Greece crisis, the Bitcoin value was increasing during this both period of time

Naida_BR

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Bitcoin is affected by political decisions but in a positive manner. This happens because Bitcoin is an Alternative to Fiat money.

For example, if a government announces strict fiscal measures that will probably reduce the purchasing power of citizens, then they will probably turn to Bitcoin due to its strong purchasing power.

However, I cannot see that being done in the opposite way, meaning that Bitcoin can be harmed by political decisions as Bitcoin still doesn't affect them negatively.

Semosuchi Tesongrato

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Bitcoin is always a source of surprises: for a long time it surprised us by its volatility and instability, now it has been completely flat for two months.
Nobody knows what this calm is for, let's hope for the good ...

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