Bitcoin will be stable in 2020 - page 9.

Amph

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Quote from: gtglener on April 04, 2016, 11:45:48 AM

Quote from: peta4e on April 04, 2016, 11:38:00 AM

If we see mass adoption then there are chances that bitcoin can be stable or else it difficult to see that bicoin can get stable as market cap of bitcoin is too small at a moment.

Yes with mass adoption the stability in price of bitcoin will occur, but make sure that this adoption will not be for the purpose of holding and trading and wishing for ups and downs, but for the normal use, then is possible that bitcoin stability occur, otherwise if people adopt it just for ups and downs, nothing good will happen.

it depend on what stability you're talking about, perfect stability it's not possible, especially if yout ak einto account the massive usage that will happen in the future, if you want stability, this already will cause huge swings

nuevo

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Quote from: 1Referee on January 17, 2016, 05:32:09 PM

Bitcoin price will never be stable unless we get Wall Street level investors into the Bitcoin market with their billions $$$. Currently a whale with a few million $ worth of BTC can manipulate a certain exchange massively. But then again, these high level investors will never ever use the current exchanges to trade on. Current exchanges are amateurish and can't handle the millions/billions from these traders. They need a professional platform where they can trade without issues.

I don't think we're too terribly far off from them form of investment. I'm actually surprised that more I haven't seen more institutional investors in the market space with the returns that are being had.

I used to try to keep it quiet how much money was being made with bitcoin and how much money could be made with utilization but I came to understand that the rising tide raises all boats and I welcome all hedge funds to take a look for themselves at the returns you can expect. If you need guidance PM me.

gtglener

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Quote from: peta4e on April 04, 2016, 11:38:00 AM

If we see mass adoption then there are chances that bitcoin can be stable or else it difficult to see that bicoin can get stable as market cap of bitcoin is too small at a moment.

Yes with mass adoption the stability in price of bitcoin will occur, but make sure that this adoption will not be for the purpose of holding and trading and wishing for ups and downs, but for the normal use, then is possible that bitcoin stability occur, otherwise if people adopt it just for ups and downs, nothing good will happen.

peta4e

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If we see mass adoption then there are chances that bitcoin can be stable or else it difficult to see that bicoin can get stable as market cap of bitcoin is too small at a moment.

LMGTFY

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Quote from: virusasog on April 04, 2016, 11:09:06 AM

Quote from: quadriple7 on March 27, 2016, 11:01:12 AM

Quote from: vlamer on January 17, 2016, 04:18:55 PM

Really Bitcoin market will stabilize in 2020 ?
Is it because the reward is only 6.25 BTC/block?

that would be dumb to hope for stable bitcoin one day because i am pretty sure that it won't happen, bitcoin was, is and will be not stable but stores will still accept them and bitcoin have really good chances to become alternative currency in lots of countries one day

In my opinion, stable bitcoin price means the price change within a week is less than 5%, or similar to dollar/euro rate.

The (30-day) volatility of BTC/USD (1.19%) isn't that far from EUR/USD's volatility (0.76%). I don't have data to hand (I grabbed the raw data from Bitcoincharts and fed it into a spreadsheet) but the average weekly change in price for BTC/USD is about 2.75%.

virusasog

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Quote from: quadriple7 on March 27, 2016, 11:01:12 AM

Quote from: vlamer on January 17, 2016, 04:18:55 PM

Really Bitcoin market will stabilize in 2020 ?
Is it because the reward is only 6.25 BTC/block?

that would be dumb to hope for stable bitcoin one day because i am pretty sure that it won't happen, bitcoin was, is and will be not stable but stores will still accept them and bitcoin have really good chances to become alternative currency in lots of countries one day

In my opinion, stable bitcoin price means the price change within a week is less than 5%, or similar to dollar/euro rate.

bit1

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It looks stable now but its value always depends on many factors that maybe in a given period of time may have little variation but at a time can change its value dramatically causing euphoria due to growing or conversely suddenly collapse.

quadriple7

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Quote from: vlamer on January 17, 2016, 04:18:55 PM

Really Bitcoin market will stabilize in 2020 ?
Is it because the reward is only 6.25 BTC/block?

that would be dumb to hope for stable bitcoin one day because i am pretty sure that it won't happen, bitcoin was, is and will be not stable but stores will still accept them and bitcoin have really good chances to become alternative currency in lots of countries one day

gentlemand

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Welt Am Draht

Gold has been the bedrock of wealth for thousands of years. Every single human being knows it has value. Governments hoard it. Countless millions covet it. Its market cap is nearly 1500x larger than Bitcoin's.

Is gold stable? Hmm...

richardsNY

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Quote from: coinyard on February 29, 2016, 02:43:46 PM

Quote from: bakingbad on February 26, 2016, 11:33:10 AM

it is very hard to predict whether it is going to be stable at that time or not, i guess it depends mainly on the people, if there will not be stability in the market, the price wont be stable too

If the bitcoin is widely used and there is no big pump and dump, the price will be stable and people will invest in it.

The fact is that there are plenty of exchanges where you can trade Bitcoin. Right now in China Huobi and OKCoin are leading the entire market. All other exchanges follow the price in China. The problem with the fact that there are plenty of exchanges is that you also have plenty of order books, as long as that doesn't change, nothing will happen. For real stability we need just 1 order book. Then things will look completely different.

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Quote from: bakingbad on February 26, 2016, 11:33:10 AM

it is very hard to predict whether it is going to be stable at that time or not, i guess it depends mainly on the people, if there will not be stability in the market, the price wont be stable too

If the bitcoin is widely used and there is no big pump and dump, the price will be stable and people will invest in it.

bakingbad

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it is very hard to predict whether it is going to be stable at that time or not, i guess it depends mainly on the people, if there will not be stability in the market, the price wont be stable too

bitlancr

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Quote from: parmatiya on February 23, 2016, 08:01:01 AM

Quote from: Zaun on February 22, 2016, 09:51:11 AM

The bitcoin can be stable at that year but it can also be sooner if that market stays growing and the price will also its possible but the point is that the bitcoin is pretty unpredictable so we have to wait for it.
I think it will be sooner than 2020, I think it will be stable at end of 2017.

If the market capitalisation of bitcoin is less than $210 billion, or the price is less than $10,000 each, it is easy to manipulate the price so the price will not be stable.

We cant know that. But it is hard to predict. Because you dont know what can happen later.
But it is very hard to know what is going to happen, because it is a currency and that is hard to predict.

2legit2

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Oh, stable bitcoins would be nice, finnaly we could pay with them in real life stores, because now they don't accept bitcoins yet

coinyard

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Quote from: socks435 on February 23, 2016, 01:39:34 PM

It will not stable even in the future.. There's no reason that the value of bitcoin will be stable in the future..
what is the purpose of traders And i think they not allowed bitcoin to be stable in the future..

It depends on the value of the bitcoin then. If it is more than $10,000, the value will be less volatile.

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Quote from: socks435 on February 23, 2016, 01:39:34 PM

It will not stable even in the future.. There's no reason that the value of bitcoin will be stable in the future..
what is the purpose of traders And i think they not allowed bitcoin to be stable in the future..

stability in the bitcoin price is only possible when institutional investors bring in their billions of fiat into the bitcoin market. as long as that doesn't happen, the current whales and other wealthy traders can manipulate the price easily with 10% per time. they literally rule the bitcoin price with iron fist. they decide what will happen with the price.

socks435

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I'm looking for free spin.

It will not stable even in the future.. There's no reason that the value of bitcoin will be stable in the future..
what is the purpose of traders And i think they not allowed bitcoin to be stable in the future..

LMGTFY

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Quote from: MaritiJames3 on February 23, 2016, 01:20:43 PM

Quote from: LMGTFY on February 22, 2016, 10:18:51 AM

Quote from: vlamer on January 17, 2016, 04:18:55 PM

Really Bitcoin market will stabilize in 2020 ?
Is it because the reward is only 6.25 BTC/block?

By 2020/6.25 BTC blocks? I don't know, I doubt it, and why are 6.25 BTC blocks significant to stability/volatility?

My local fiat is GBP - historically, it's one of the most heavily traded currencies. GBP/USD is historically significant, as "cable", for being the first currency pair to be traded electronically (trans-Atlantic telegraph cables). Most foreign-exchange transactions go through London to this day. Despite that, GBP isn't immune to manipulation - George Soros famously shorted GBP, prompting the UK to exit the EU's exchange-rate mechanism. (Wall Street will not be Bitcoin's saviour).

It's not all bad news, though. BTC/USD's volatility is trending down, and is currently ~3x that of USD/EUR. I somehow suspect that however low BTC/USD volatility gets, people will still complain about volatility.

You never know what can happen in the future. Everyone hope that Bitcoin will be stable but you dont know what is going to happen.
There is also a chance that Bitcoin can disappear or something you never know. That is a currency it is hard to predict.

Everyone doesn't hope that prices are stable - naive people do, because they think it'll benefit "mass adoption", not realising that all currencies are subject to volatility (and businesses with interests in volatile currencies somehow manage to survive, using tools already available to BTC businesses). Traders want volatility, so they can trade the peaks and dips. In forex, where there's a lack of volatility there's usually some powerful interest (central bank, banking industry, government, etc) backing the currency for as long as it can - and even with a major currency like GBP that's not necessarily as long as they'd like.

Bitcoin disappearing forever would be the ultimate form of stability, surely? 1 BTC = $0, forever and ever.

MaritiJames3

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Quote from: LMGTFY on February 22, 2016, 10:18:51 AM

Quote from: vlamer on January 17, 2016, 04:18:55 PM

Really Bitcoin market will stabilize in 2020 ?
Is it because the reward is only 6.25 BTC/block?

By 2020/6.25 BTC blocks? I don't know, I doubt it, and why are 6.25 BTC blocks significant to stability/volatility?

My local fiat is GBP - historically, it's one of the most heavily traded currencies. GBP/USD is historically significant, as "cable", for being the first currency pair to be traded electronically (trans-Atlantic telegraph cables). Most foreign-exchange transactions go through London to this day. Despite that, GBP isn't immune to manipulation - George Soros famously shorted GBP, prompting the UK to exit the EU's exchange-rate mechanism. (Wall Street will not be Bitcoin's saviour).

It's not all bad news, though. BTC/USD's volatility is trending down, and is currently ~3x that of USD/EUR. I somehow suspect that however low BTC/USD volatility gets, people will still complain about volatility.

You never know what can happen in the future. Everyone hope that Bitcoin will be stable but you dont know what is going to happen.
There is also a chance that Bitcoin can disappear or something you never know. That is a currency it is hard to predict.

tn211

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Bitcoin wont be stable. It will always change every time and that is hard to predict. I hope that Bitcoin will rise soon at the future.
If it is going to rise than it must be for a long so we can have some profit later in the future and that will be good.

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