Topic: Bitcoin's volatility is a non-issue - page 3. (Read 2103 times)
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
The fluctuation of bitcoin is not a problem, because bitcoin is created in that way, all we can do is accept its characteristics. Good comment right there mate. But this should be resolved when a large number of people will begin to believe in their technology that its market will become wider and volatility will be reduced.
I am totally agree with you, bitcoins volatility is its characteristics and we all we need is to accept it we can not changed its nature. We need to understand and create a new idea or strategy to make improve it. I know out there all people when it comes to volatility of bitcoin it is always a big deal for them. That is why we need to changed our mind set regarding to it.
Isn't it great that bitcoin has such volatility? This is a reason for ordinary people to learn something new, it's not gold trading, when the price moves by 0.0003% for half a year, there are mad waves up and down, there is a reason to lose your money and earn them, plus learn something completely new. This is what I like in bitcoin as an instrument, it teaches the public to learn.
The fluctuation of bitcoin is not a problem, because bitcoin is created in that way, all we can do is accept its characteristics. Good comment right there mate. But this should be resolved when a large number of people will begin to believe in their technology that its market will become wider and volatility will be reduced.
I am totally agree with you, bitcoins volatility is its characteristics and we all we need is to accept it we can not changed its nature. We need to understand and create a new idea or strategy to make improve it. I know out there all people when it comes to volatility of bitcoin it is always a big deal for them. That is why we need to changed our mind set regarding to it.
It is a very big issue alright. Bitcoin is meant to be a base currency where virtually all other cryptocurrencies trade against. If its volatility begins to affect the coin movement of the community of altcoins, then it should be seen as a very serious issue that will hamper the growth of other coins
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I think that the volatility of bitcoin just proves it value. There is little liquidity in the market, as in all young markets, and that is why there is so much volatility (compared to the stock and currency markets). If there was no volatility at all, at such volumes it would be a bad sign.
It does not mean that people can not or will not use it. So far, because of the great fluctuations of electronic money, and mostly bitcoin, the states are very important and this is one of the reasons for their legalization is rather weak and slow. My opinion is that if bitcoin is not too volatile, it will not suit the trader.
I think this is still an issue if we are looking at it as a currency since it need stability for that. but sure as an investment it's normal since all investments are volatile
It's not certain Bitcoin will become a legitimate currency because Bitcoin has a very unstable nature in the market so this will make the congenital in exchange.
Bitcoin’s surface of volatility (i.e. the swing in value from top to bottom) is very high because at the moment liquidity is still low and relatively few coordinated movements of the market (buy/sell actions of just a few thousands users) have the ability to greatly impact the price of the currency. This kind of volatility is much smaller the more liquid a market is.
With the increase in user wallets and user adoption we can assume that the market will become more liquid and it will be more difficult to impact Bitcoin’s price as dramatically as we have witnessed in the past.
With the increase in user wallets and user adoption we can assume that the market will become more liquid and it will be more difficult to impact Bitcoin’s price as dramatically as we have witnessed in the past.
I believe that trading costs are a significant driver of volatility due their constraining effect on liquidity. Due to the model of most exchanges requiring up to a .25% commission on trades, it is simply too expensive to trade bitcoins frequently. This constrains liquidity because most bitcoiners buy and hold on for dear life. This makes the price sensitive to short term surges in demand because holders are reluctant to part with their bitcoins unless there is a sufficiently large profit to be made. Similarly most experienced bitcoiners only go in to buy when there’s been a sizable dip for similar reasons.
Exchanges need to change up their models to a simple bid-ask spread to attract some market makers and liquidity providers. Despite being a technological innovation, bitcoin’s trading ecosystem is remarkably primitive.
Exchanges need to change up their models to a simple bid-ask spread to attract some market makers and liquidity providers. Despite being a technological innovation, bitcoin’s trading ecosystem is remarkably primitive.
I think this is still an issue if we are looking at it as a currency since it need stability for that. but sure as an investment it's normal since all investments are volatile
bitcoin's volatility deters stable funds that operate with low volatility from it. bitcoin is still working as a risky asset.
I think this is still an issue if we are looking at it as a currency since it need stability for that. but sure as an investment it's normal since all investments are volatile
It is a very big issue alright. Bitcoin is meant to be a base currency where virtually all other cryptocurrencies trade against. If its volatility begins to affect the coin movement of the community of altcoins, then it should be seen as a very serious issue that will hamper the growth of other coins
You are right . how can it not be an issue? if this is not taken seriously like you mentioned other coins could have problems, not to mention other dilemmas that will arise
Inevitable volatility during growth
Bitcoin is a relatively new asset class. Although the level of awareness of Bitcoin among the general population has increased, only a small proportion of them have a significant amount of Bitcoins.
In addition, institutional investors have largely avoided Bitcoin given its unregulated nature and the risks associated with it.
As Bitcoin's adoption increases and demand increases, its price can rise rapidly.
Likewise, when there is negative news about Bitcoin, such as the Chinese closing the crypto currency currencies, some of Bitcoin's holders will sell and their price may break quickly.
Until the ownership of Bitcoin becomes widely distributed and liquidity improves substantially, we will see a significant volatility in the price of Bitcoin.
Bitcoin is a relatively new asset class. Although the level of awareness of Bitcoin among the general population has increased, only a small proportion of them have a significant amount of Bitcoins.
In addition, institutional investors have largely avoided Bitcoin given its unregulated nature and the risks associated with it.
As Bitcoin's adoption increases and demand increases, its price can rise rapidly.
Likewise, when there is negative news about Bitcoin, such as the Chinese closing the crypto currency currencies, some of Bitcoin's holders will sell and their price may break quickly.
Until the ownership of Bitcoin becomes widely distributed and liquidity improves substantially, we will see a significant volatility in the price of Bitcoin.
True that volatility is not a problem for us. As a traders, volatility is an important element in trading to make profits.
Because of volatility, cryptocurrency is opening the opportunity to buying low and selling high if you patience enough.
Because of volatility, cryptocurrency is opening the opportunity to buying low and selling high if you patience enough.
While I concur with you that volatility ought not impact the store of significant worth, I would differ with you that it impacts the shippers, when they acknowledge Bitcoin straightforwardly. A few people counterbalance this disservice by utilizing installment processors for any installments that are gotten, however this isn't the ideal arrangement. The most ideal approach to stay away from volatility is for you to change procedure.
Most of us here do undertand that volatility come with bitcoin and in any investment for that matter.but if you look at bitcoin as a currency it definitely is an issue since we can't have an unstable currency
So far, due to the large fluctuations of electronic money, and mostly bitcoin, states are very important and this is one of the reasons for their legalization is quite weak and slow. If bitcoin will be very costly Poor, drastically reduced with normal fluctuations, if it coincides with negative information, which can lead to panic that will act as a domino effect and bitcoin may lose value in a day or two. My opinion is that if bitcoin is not so volatile it will not suit the trader. And if bitcoin is not too volatile then there may be market acceptance for it to be used as a currency.
People have problems with volatility because bitcoin is meant to be used as a currency and if its value continues to change then the merchant can not rely on it as a payment method. Accepted. The media and the Fudsters like to do bigger. It does not mean that people can not or will not use it. The difference is that if it stops being volatile, it will be more used as both currency and investment.
No, I don'tdon't think so that bitcoin volatility is not an issue because there are still people or users who have been panicking when the price of bitcoin was getting low, they don't even think wether they sell or hold it. I think that this is happening because of lack of knowledge about bitcoin and what is the characteristic of it.
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