Topic: Bitcoin's volatility is a non-issue - page 2. (Read 2115 times)
Bitcoin volatility is not issue but it is a factor which should be considered before investment to this side and for now i hope that bitcoin is so volatile and thus we should take care of volatility before investing in the crypto sector.
It is never an issue, the issue is the lose of the people who didn't have enoughf patience to hold. I believe that the bitcoin or maybe crypto is really unstable from the beginning so we don't need to have an issue about it. Bitcoin is a great way to earn but if we loss on it the problem is maybe on us not on bitcoin.
I agree. There no issue about the volatility of bitcoin because without it, traders cannot gain profit from it for a short period of time. The volatility helps to have an opportunity to earn bitcoin and buy volume at lower price. Volatility helps to acknowledge about everyone about the supply and demand of it on the market and makes it popular for investments.
It is never an issue, the issue is the lose of the people who didn't have enoughf patience to hold. I believe that the bitcoin or maybe crypto is really unstable from the beginning so we don't need to have an issue about it. Bitcoin is a great way to earn but if we loss on it the problem is maybe on us not on bitcoin.
Traders are happy with Bitcoin's volatility because it can be an opportunity to earn more money but for a few who are still a newbie here, it can be viewed differently as they will get confuse of the fast movement of Bitcoin value in the marketplace. Mostly for old members and experienced people here, Bitcoin's volatility is not an issue because, they are used to it and they make use of it. They can form a strategy on when to trade their coins by just watching closely the market.
I know that this subject has been discussed many times before, but lest we forget when yet another conventional financial journalist, investor, money manager, perceived thought-leader et al pronounces on why Bitcoin will fail because it is too volatile to be used as a currency or store of value:
Underlying all of Bitcoin's volatility is an unchanging protocol that is proven to work -- and expected to grow.
- Each Bitcoin transaction is a zero-sum game -- one party benefits to the same extent that the other does not benefit. So one party is guaranteed always to be fine with the volatility. And neither party knows for sure (or at all) who that beneficiary will be.
- The purchaser of a bitcoin has still spent the same amount of fiat no matter what the volatility after the purchase.
- The premise that the aggrieved party could have done this or that instead of send someone a bitcoin that later appreciated in value has no more merit than to say that that party could have bought a stock or bond that later did well too. In each case, they simply did not have the information needed in time. Shoulda coulda woulda is not a valid argument.
- If Bitcoin were impractical as a currency, the dark web would not use it. There would be no Bitcoin-using dark web.
- Many things have been used as currency. Anything tradeable and of proven long-term value (like gold) or expected shorter-term value (like packs of Kent cigarettes in communist Romania) can be used as a practical currency, and have. Before WWI, travelers checks had the rate of conversion printed on them because it was expected that the gold-back currencies backing them would be stable. And so they were. The fact that fiat currencies require electronic conversion-rate signs today shows that their stability is entirely an illusion. They are not stable.
Underlying all of Bitcoin's volatility is an unchanging protocol that is proven to work -- and expected to grow.
cryptocurrency tries to imitate forex, where the volatile impact is not so great, it will still be difficult because the use of crypto is still not comprehensive. so it's easy with price manipulation by several groups
If you can manipulate prices it will have its own anxiety for people who are afraid to see prices drop now.
Its a non-issue and Bitcoin traders are using Bitcoin's volatility to their advantage and earn from it. Just look at those day traders, they earn 2%-5% or even higher per day taking advantage of those fluctuations of Bitcoin price. Those who just hold on to it are not making full use of Bitcoins volatility but still they also earn from hodling.
I know that this subject has been discussed many times before, but lest we forget when yet another conventional financial journalist, investor, money manager, perceived thought-leader et al pronounces on why Bitcoin will fail because it is too volatile to be used as a currency or store of value:
Underlying all of Bitcoin's volatility is an unchanging protocol that is proven to work -- and expected to grow.
- Each Bitcoin transaction is a zero-sum game -- one party benefits to the same extent that the other does not benefit. So one party is guaranteed always to be fine with the volatility. And neither party knows for sure (or at all) who that beneficiary will be.
- The purchaser of a bitcoin has still spent the same amount of fiat no matter what the volatility after the purchase.
- The premise that the aggrieved party could have done this or that instead of send someone a bitcoin that later appreciated in value has no more merit than to say that that party could have bought a stock or bond that later did well too. In each case, they simply did not have the information needed in time. Shoulda coulda woulda is not a valid argument.
- If Bitcoin were impractical as a currency, the dark web would not use it. There would be no Bitcoin-using dark web.
- Many things have been used as currency. Anything tradeable and of proven long-term value (like gold) or expected shorter-term value (like packs of Kent cigarettes in communist Romania) can be used as a practical currency, and have. Before WWI, travelers checks had the rate of conversion printed on them because it was expected that the gold-back currencies backing them would be stable. And so they were. The fact that fiat currencies require electronic conversion-rate signs today shows that their stability is entirely an illusion. They are not stable.
Underlying all of Bitcoin's volatility is an unchanging protocol that is proven to work -- and expected to grow.
cryptocurrency tries to imitate forex, where the volatile impact is not so great, it will still be difficult because the use of crypto is still not comprehensive. so it's easy with price manipulation by several groups
I actually think the volatility is great for the future of Bitcoin (to an extent). For now, people will buy in thinking that their investment will multiply at some point in the future (which it probably will), whilst all of those that bought in and ended up seeing a loss will hold for a long time until they eventually make a profit. Over time this leads to a large number of holders and very few sellers, hence increasing the value further due to supply and demand.
I'm investing in the long term, so I don't really care about volatility. During such periods, I just watch the market or buy additional currencies. But I always know that the price will recover.
The first scenario given is just like a normal stock market, the seller and the buyer really are not sure of the future of what they are selling/buying only that the two are dealing with it to make more profit and it is most like the two get you only after they have make the profit.
In general, for the legalization of the country's crypto currency, the volatility of bitcoin and other crypto-currencies is a big problem that hinders this process. Because of the large volatility of the crypto currency, the state sees in the bitcoin a financial bubble and this has a bad effect on the general process of legalizing crypto currency. The large volatility of the crypto currency also negatively affects the introduction of it into the business sphere, the volatility of the price is very hampering financial settlements. However, volatility is a good trait for its use by traders and generally for the revival of the crypto-currency market.
Volatility is not an issue on bitcoin feild or.maybe in crypto because it is really volatile from the start. We all know that the crypto is already high on volatility from the start, so then if we take a look at the crypto today we can really see that it is not changing it is still volatile like what is was before so I think there is no issue on its volatility.
In general, for the legalization of the country's crypto currency, the volatility of bitcoin and other crypto-currencies is a big problem that hinders this process. Because of the large volatility of the crypto currency, the state sees in the bitcoin a financial bubble and this has a bad effect on the general process of legalizing crypto currency. The large volatility of the crypto currency also negatively affects the introduction of it into the business sphere, the volatility of the price is very hampering financial settlements. However, volatility is a good trait for its use by traders and generally for the revival of the crypto-currency market.
I agree with you. Volatility does not allow to judge the true value of an asset. The maximum that we can say volatility - the ratio of investors to the asset, no more.
The value of Bitcoin is the problem. If Bitcoin value falls on the crypto market. That could be the loss of investors.
No its not . bitcoin is built that way and people are informed before they invest on it . so if ever they loose because of their ignorance , then that is already their fault and not on bitcoin .
Fall of the price isnt also bad anyway because people do also use the oppurtunity to buy more coins as they are now more affordable when compared to their previous price .
Bitcoins volatility is not an issue because it is only normal.
Well it might be for new investors who are struggleling to make end meet at the end of the month. I mean come on, you guys are top level trader, you cannot mix with normal people either, so how can you tell something like that ? If you lose more than 10% in a day, it's not a problem for you who used to play hard and you got a stash of money somewhere safe, but guess what , it was not thought like that years ago when crypto came out of nowhere. We used to have a solid idea and we were determinate to change the world, and not just to speculate to last comes in. Becuase it's true, to gain profit, someone need to lose..
The value of Bitcoin is the problem. If Bitcoin value falls on the crypto market. That could be the loss of investors.
It's really a non-issue if you already know the basics of it. Once bitcoin's market price falls down, you will normally not get panic of it but make it an opportunity to buy more of that crypto, instead. Whenever it rise drastically, you will not get so excited of it too if you know that holding them long will give you better profit.
I never thought of BTC's volatility as of some kind of a problem. It's always been just one of its features. Without it everything in crypto would be different from now.
Volatily will not be an issue once people start adopting btc as a good exchange.
Indeed I think that the adoption will reduce market speculation because of reduction of liquidity on the market.
Indeed I think that the adoption will reduce market speculation because of reduction of liquidity on the market.
I think it's not just bitcoin and other cryptocurrency that has fluctuations, because fiat currencies actually also have high fluctuations, even fiat currencies fluctuate to lower values
Volatility is not only for Bitcoin but to all cryptocurrency and its not bog issue because its normal. And I think nobody knows when its going to fluctuates, so I suggest to all to be prepare for sudden change in the price of crypto. I think we should be know it first that market is unpredictable and also the crypto because if the situation is not good then we can prepare what the right thing to do when there's a changing in the market price. Jump to: