Bitcoin - the future "stable coin" - page 6.

Sawadekub

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I am sure that Bitcoin cant take on any responsibility, since it is just a crypto currency and it doesn't have the necessary characteristics for this

As for the reasons why people buy Bitcoin again, this is understandable and transparent. Everyone wants to make money on it (now or in the future).
When the states start using their internal state currencies, Bitcoin will already be a kind of collection item that has a huge value. And yes, I think that it will be a separate, nobody subject to any currency.

Gary Levanevskii

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I think that Bitcoin can become something like steablecoin for all world currencies. At the moment it’s not too popular, but I think it’s just a matter of time.

bitcoincitr

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I think, it can't be said that bitcoin became a stable currency by looking to correction which keeps going last months. When I look to crpto market, all I see is just a bear market.

BCTalkaccountforsale

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Bitcoin stability in the future is what those who own Bitcoin are looking forward to. Because Bitcoin prices are falling, it makes us worry if Bitcoin prices are going to be more stable in the future and it is good news for those who own Bitcoin and intend to invest in it.

Epimetheus

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Yes of course bitcoin will be the future stable coin. And it will be happen in recent some years. In bitcoin has little bit volatile in nature but in present time its price is stable. According to an recent report in future France is the first county which taking initiative step to regulate cryptocurrency in their country and after some time other country near to it also take the same step and if cryptocurrency regulate by governments then their price increase and they will become more stable. Many big multinational companies also start using it and this thing also put some effort on its stability.

disappear4ever

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Quote from: bitfocus on November 13, 2018, 07:00:56 AM

you actually need to know the basics of both Bitcoin and Stablecoins so that you can analyze them properly. Bitcoin is nothing related to Stablecoin.

Very interesting & to avoid any misunderstanding, could you extend this topic to a more detailed one then we can discuss further.

panganib999

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Quote from: disappear4ever on November 11, 2018, 12:38:17 AM

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.

It's not that really stable in fact the price is still volatile but not like over the past few months. Bitcoin is not stable at all it just so happen that investor and trader are just sitting around waiting for a perfect time when to trade bitcoins. I also think it is because of altcoins that is really playing in the market like Ripple and EOS, their prices are significantly growing as time passes by.

rudox

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Bitcoin nature is such that it can not be stable because it is speculative and also decentralized. This is why the price of bitcoin is volatile. Currency that can be stable if it is centralized and controlled by the government. Even if bitcoin finally is globally accepted and replaced fiat money but still remains decentralized it will never be stable but continue to be volatile.

FallenBtcAngel

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Quote from: sfr2017 on November 14, 2018, 03:42:50 AM

Yes I think bitcoin price will be stable for a long period

That's impossible. Btc may remain more or less stable in the bear market (gradual reduction in price), but then it will rock!

TBboys

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Bitcoin is more and more like usdt. It seems to have become a stable price recently and the fluctuations are very small. The daily fluctuations will not even exceed 1%. I think this is a market stagnation because there is no new funds into market, once new funds are interested in Bitcoin, it will soon break the current calm.

Cacingkemi

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Quote from: cc80aa on November 14, 2018, 04:36:31 AM

yes, right now price of bitcoin is more likely stable right now from 3 - 4 months still on its average, no bull run at all and also no decrease of price deeply.they need more buying strategy to trigger the prices.maybe this the stable price of the bitcoin token.

This incident was similar in the year when the value of BTC was so slow as in the current situation,I think the BTC is not stable cause the value does't necessarily well I mean not stay at that point.BTC is not a token.

cc80aa

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yes, right now price of bitcoin is more likely stable right now from 3 - 4 months still on its average, no bull run at all and also no decrease of price deeply.they need more buying strategy to trigger the prices.maybe this the stable price of the bitcoin token.

shoreno

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Quote from: sfr2017 on November 14, 2018, 03:42:50 AM

Yes I think bitcoin price will be stable for a long period

No i dont think so . bitcoin is always known to be a high volatile type of coin and with that said , how can you say that bitcoin is stable or will become stable for a verry long time ?

alts maybe because its obvious that almost all altcoins are rarely moving .

If there is REAL stable coin then that should be usdt ( tether )

Quote from: FedorIzmailov on November 13, 2018, 07:13:43 AM

I'm not quite sure that Bitcoin will be considered exactly as a currency. it will definitely grow in value but still it seems to me that Bitcoin will be considered as a means for capital accumulation

Bitcoin is under the term cryptocurrency which means a currency that can be used for buying or paying but it can also be used as an investment tool or an asset .

sfr2017

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Yes I think bitcoin price will be stable for a long period

Chairul Muttaqin

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Quote from: disappear4ever on November 11, 2018, 12:38:17 AM

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.

Bitcoin price will be stable when it's spread evenly so the liquidity will be high. The limited amount of bitcoin will make the price go higher and higher. That's why own bitcoin as many as we can in this early srage of adoption is good decision. In this stage bitcoin price can't be stable because the liquidity is low.

brokens

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it's hard to say if the price of Bitcoin will remain stable because at any time the price can change in a short time. even predicting the price of Bitcoin is very difficult because predictions are not a thing real but are just guesses. Bitcoin will never have a fixed price or it will never be stable, this is the same a thing as the price of gold which does not have a fixed price or stable.

KenChanYu

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Activity: 1139

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Quote from: steampunkz on November 14, 2018, 12:21:34 AM

Quote from: disappear4ever on November 11, 2018, 12:38:17 AM

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.

We cannot say bitcoin will be stable? Because of all the chaos happening in the cryptocurrencies price right? Pretty sure it will become stable if the government will accept it as a primary financial platform but it will take more and more of years.

Precisely, some people visioning bitcoin as it will grow more promising and pump up immensely like the last year outcome. Consequently, bitcoin is not good at this state, as the market is still on rapid and steady growing. Maybe stable was meant as the stable drop. But still despite all circumstances, let us be hopeful for its fast recovery.

Pamadar

legendary

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Quote from: Mumbeeptind1963 on November 13, 2018, 12:41:03 PM

Quote from: hadveach on November 13, 2018, 11:43:31 AM

yes, I agree with you, the global economy will make bitcoin become a very important currency, have good value stability, good security, and be able to attract public attention.

bitcoin is not ETH, bitcoin is not USDT, so I think that bitcoin will maintain a basic system decentralized.

As Bitcoin is becoming well known as years pass by, this will attract the attention of the people and more and more are going to invest on it. And as global economy sees this, maybe Bitcoin will be embraced by the global economy because it will be one of the most or will be the most used currency.

Indeed, in coming years bitcoin will be seen as a good alternatives for dealing with payment transactions after being used as what it's intended to be
bitcoin will be valuable among those existing currency, as being stable, can be line with gold and precious reserves that have a good value an assets
that can be symbolize the strength of company or country who are holding this coin.

Futureglory

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For definitely bitcoin is the future and as such that is our hope but that does not authenticate the stability because that will not help the cryptomarket. Would be good to be stable but for the sake of it high volatility will help better its course and progress.

steampunkz

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Quote from: disappear4ever on November 11, 2018, 12:38:17 AM

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.

We cannot say bitcoin will be stable? Because of all the chaos happening in the cryptocurrencies price right? Pretty sure it will become stable if the government will accept it as a primary financial platform but it will take more and more of years.

Topic: Bitcoin - the future "stable coin" - page 6. (Read 2187 times)