Bitcoin will gain Stability with time and even no bitcoin is very volatile it can be considered as the fittest among all digital currencies and there are more than enough evidence to believe that Bitcoin market is recovering but it will take more time than we expect to come to a certain level with a stable value because the drop was much higher than any other time but there are many evidence to believe that it will recover in the future so any investor today can certainly invest with confidence to make remarkable profits in the future but patience is significant until the end
Topic: Bitcoin - the future "stable coin" - page 2. (Read 2216 times)
I think that is quite possible. Yes, now manipulators strongly influence the price of Bitcoin, depending on their interests. But over time, certain laws will be developed that will punish the use of such tricks, which is why it will no longer be possible to manipulate the price so much. Of course, this will contribute to the fact that Bitcoin will be accepted by more and more people and countries.
So I believe in your version, as in a possible variant of the development of Bitcoin.
So I believe in your version, as in a possible variant of the development of Bitcoin.
Now it is difficult to imagine that bitcoin will ever be able to be a stable coin, but it seems to me that the developers have taken into account this moment and the volatility of bitcoin is now temporary and acceptable for its development. And in the end, the price stabilizes, but when it happens is unknown.
Not to me. At the moment less than 5% people own or owned a cryptocurrency. If we were able to reach 5% worldwide adoption for Bitcoin alone it would make it so valuable and so stable that not many fiat currencies would be able to compete. The world still isn't ready for it though and Bitcoin also isn't ready because it can't process as many transactions.
If bitcoin continues to be decentralized by its nature, it will always have high price volatility. It will not behave differently, since its price will always be determined by the ratio between supply and demand, and they will never become stable. All other factors are essential to the stability of the bitcoin price, including a decrease in supply or other circumstances that cannot affect.
In the past two months, bitcoin's fluctuation very small except for 10/15 accident of USDT, which caused a sudden & incredible price increase of bitcoin/eth, at the same time, many investors dumped their USDT & bought bitcoin instead - hence in fact, bitcoin took the responsibility of acting as a stablecoin, which is very interesting.
Why did they change to pursue bitcoin in such a panic situation? Which kind of true value bitcoin can bring to them? Will bitcoin turn into a real stablecoin in the future? Is it possible for bitcoin to be a popular tool in the payment industry? .....
PS:
1) I am not talking about NOW, it is for long-term consideration (maybe 10-20 years). In this period, bitcoin still keep going up & getting very valuable;
2) My assumption based on the mass adoption of bitcoin in global payment sector, together with the development of blockchain & bitcoin itself;
3) "Stable coin" does not mean bitcoin's price is fixed or pegged with fiat currency, it is more like an independent currency beyond any national digital currency which will be the main stream in next 10 years because it is evitable that big economy will issue their own digital currency in the coming future.
I do not appreciate Bitcoin regarding stability because in the future its price fluctuation level will be higher than the current. You see that Bitcoin easily manipulated in the market and the future no one guarantees that Bitcoin will be stable so don't put too much hope into it. Why did they change to pursue bitcoin in such a panic situation? Which kind of true value bitcoin can bring to them? Will bitcoin turn into a real stablecoin in the future? Is it possible for bitcoin to be a popular tool in the payment industry? .....
PS:
1) I am not talking about NOW, it is for long-term consideration (maybe 10-20 years). In this period, bitcoin still keep going up & getting very valuable;
2) My assumption based on the mass adoption of bitcoin in global payment sector, together with the development of blockchain & bitcoin itself;
3) "Stable coin" does not mean bitcoin's price is fixed or pegged with fiat currency, it is more like an independent currency beyond any national digital currency which will be the main stream in next 10 years because it is evitable that big economy will issue their own digital currency in the coming future.
It might take many years for bitcoin to become stable in the future but not so quickly because it is a decentralized currency there is no centralized party like for other fiat currencies to control and balance its value during essential situations and btc stability mainly rely upon the supply and demand which are two facts that changes very often today due to new,governments,centralized organizations and investors
Bitcoin is becoming more stable and if it is unstable a bit today due to the rapid change of demand that it gets from investors and traders and this situation is fuel by media and some governments in the world by spreading false information which makes investors and holders to panic regarding bitcoin and that is the main reason a situations like you have mentioned are happening all the time but I hope this will change in the future for a smooth continuation of bitcoin
I think its hard for bitcoin become stable because the price depend on supply and demand. Beside that, there is no authorities like central banks that can stabilize the price. I am believe what happen to bitcoin price is always reach new high because having limited supply and no one can intervence the price in market
definitely. it should just take some time for bitcoin to be massively accepted around the world and then it will become stable
I hope that in the future we can still hope that bitcoin will become a stable coin. This is very important for him, otherwise we will not be able to use it as intended by the developers as a digital global currency.
I think it's possible. If we want to make bitcoin a means of payment, then in any case we will have to resolve the issue with its volatility. It is too early to talk about it now, but it may happen in the future.
We definitely don't expect stability in this field because all the cryptocurrency are not stable at anytime especially Bitcoin will change each and every second so I think stability will not be the right title for the Bitcoin and its development.
Now it is difficult to imagine that bitcoin will ever be able to be a stable coin, but it seems to me that the developers have taken into account this moment and the volatility of bitcoin is now temporary and acceptable for its development. And in the end, the price stabilizes, but when it happens is unknown.
It never stable at any time and variation for last academic to this academic Is totally different an then how it could be stabel
The course is not important, Bitcoin was created to make those who want free and not to enrich the masses.
The fact that many have managed to get rich on this is already a side effect.
As long as there are people who want to use and own more than one, it will have value.
Now there are a lot of stray slaves in the subject with no idea, they just came to the hip hoping to raise money.
But there are also thousands of people who think in other categories, and every day there are more of them, bitcoins change the "weak" wandering owners for those who are aware of their value and understand what they are for.
Bitcoin didn’t grow out of geek toys into the financial system because of the course, this rate grew due to the fact that geeks became bigger and then the flies came running.
The fact that many have managed to get rich on this is already a side effect.
As long as there are people who want to use and own more than one, it will have value.
Now there are a lot of stray slaves in the subject with no idea, they just came to the hip hoping to raise money.
But there are also thousands of people who think in other categories, and every day there are more of them, bitcoins change the "weak" wandering owners for those who are aware of their value and understand what they are for.
Bitcoin didn’t grow out of geek toys into the financial system because of the course, this rate grew due to the fact that geeks became bigger and then the flies came running.
The term stable coin isn't that even gonna fit as of what I observe these days if you're even pointing it out that it is somehow an independent currency (your last line), in the end due to the different fiat currency throughout the world, Bitcoin will still be converted to their own local currency in order to be realized as an income for some establishments.
the word stable may mean that the value of coins goes up and down naturally like gold, or fiat money, because at this time the increase in bitcoin is very stable, but in very low values, below the normal price, this has not been said to be stable
I think Bitcoin hasn't shown stable prices so far, the price of Bitcoin is moving like a very fast slide when rising and falling. So that bitcoin can be said is a coin that has a price value that changes rapidly every day. But if all governments in the world legalize Bitcoin, I think the price will move with stability.
Not sure that bitcoin will become a stable coin in the future even though there has been government interference, many people hold large amounts of bitcoin which seems to be a market collapse when they sell it but if the future government can control maximum sales every day, it might be a big drop will be slightly pressed.
I think Bitcoin hasn't shown stable prices so far, the price of Bitcoin is moving like a very fast slide when rising and falling. So that bitcoin can be said is a coin that has a price value that changes rapidly every day. But if all governments in the world legalize Bitcoin, I think the price will move with stability.
I don't think that bitcoin will be stable sometimes in the future.It is really hard. I suppose that if oneday bitcoin is stable, the benefit it can bring will not much.
When bitcoin will become stable, it will not give benefits to traders as much as it is now. But on the other hand, bitcoin will be used by more people and will be used for buying selling goods too.
I don't think that bitcoin will be stable sometimes in the future.It is really hard. I suppose that if oneday bitcoin is stable, the benefit it can bring will not much.
When bitcoin will become stable, it will not give benefits to traders as much as it is now. But on the other hand, bitcoin will be used by more people and will be used for buying selling goods too.
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