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Topic: Bitcoin's volatility is a non-issue - page 5. (Read 2101 times)

full member
Activity: 348
Merit: 100
July 18, 2018, 05:31:05 PM
   Now a days many people use Bitcoin, those who are using Bitcoin do not feel any stress  they actually feel free to use Bitcoin  to their wish. Since in Bitcoin transaction there is no intermediaries there is no excess charges levied on the users . When the market is down there is nothing to worry, be patient  and wait for the market to rise . The trading and investment in Bitcoin add benefit to support the newly created Bitcoins its volatility is a non  issue .
member
Activity: 239
Merit: 10
July 18, 2018, 04:27:12 PM
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
I am wondering what would we do without having a bitcoin volatility around, how could we trade and invest in it if we would know that it would not fall or grow, all the traders would love to be without their earnings.
jr. member
Activity: 200
Merit: 1
July 18, 2018, 04:16:55 PM
Of course, Bitcoin and other decentralized cryptocurrencies in the market are highly volatile and unpredictable. For me, I don’t think there is an issue about it as it was designed for long-term. The future is bright for those who buy and hold Bitcoin, as well as skilled day traders out there. Just my two sats.
For me its a non issue for people that really knows about bitcoin, and its a issue for some that dont know about it. There are some people that only want to invest but dont do a research about the thing they're investing, and when the price of bitcoin decrease, they're going to panic selling, they dont know that its normal because it was volatile, means that the price is rapidly changing and its unpredictable to know if its going to increase or decrease.
Being volatile is part of crypto and it is the chance to gain profit from it. It is not issue for someone who understand the market and those who are in crypto that has huge knowledge about it. However, being volatile becomes a problem to those who are new to market that experienced suddenly down after investing which make them triggered and afraid to lose the value even more.
full member
Activity: 336
Merit: 100
July 18, 2018, 11:49:21 AM
This volatility is not problematic for the merchant but it is very profitable for those who trade and invest in a very short period. The traders can generate huge profits; far more than investors who have a buy-and-hold strategy
member
Activity: 308
Merit: 11
July 18, 2018, 11:14:46 AM
Bitcoin being volatile as a currency is slightly an issue in my opinion. I mean, in a business point of view, you wouldn't want to receive a $50 payment that could be $40 tomorrow(though it could also be $60). But there's almost nothing we can do about it in my opinion. Volatility will decrease as adoption comes.
Why do you think that bitcoin's volatility will decrease as the number of users increases? As bitcoin will be widely used among the population and increase its value, the amplitude of its possible fluctuations will grow and therefore its volatility will only increase.
The volatility of bitcoin is already a serious problem in the management of even small and medium-sized businesses. Many businessmen who first start taking bitcoin as payment, then refuse to settle in it precisely because of its high volatility. Also, states are not in a hurry to switch to using bitcoin precisely because of its high volatility.
newbie
Activity: 46
Merit: 0
July 18, 2018, 10:46:43 AM
Of course, Bitcoin and other decentralized cryptocurrencies in the market are highly volatile and unpredictable. For me, I don’t think there is an issue about it as it was designed for long-term. The future is bright for those who buy and hold Bitcoin, as well as skilled day traders out there. Just my two sats.
For me its a non issue for people that really knows about bitcoin, and its a issue for some that dont know about it. There are some people that only want to invest but dont do a research about the thing they're investing, and when the price of bitcoin decrease, they're going to panic selling, they dont know that its normal because it was volatile, means that the price is rapidly changing and its unpredictable to know if its going to increase or decrease.

I think its really a big issue and many people did not invest because they are afraid of losing their money due volatility of the market that price.
full member
Activity: 350
Merit: 100
BITDEPOSITARY - Make ICO's , More Secure
July 18, 2018, 10:33:03 AM
Of course, Bitcoin and other decentralized cryptocurrencies in the market are highly volatile and unpredictable. For me, I don’t think there is an issue about it as it was designed for long-term. The future is bright for those who buy and hold Bitcoin, as well as skilled day traders out there. Just my two sats.
For me its a non issue for people that really knows about bitcoin, and its a issue for some that dont know about it. There are some people that only want to invest but dont do a research about the thing they're investing, and when the price of bitcoin decrease, they're going to panic selling, they dont know that its normal because it was volatile, means that the price is rapidly changing and its unpredictable to know if its going to increase or decrease.
member
Activity: 336
Merit: 10
July 18, 2018, 10:27:58 AM
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:

  • 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.

The argument that Bitcoin's volatility specifically negates its value as a store of value is clearly false as well. Stocks and commodities and their futures (as well as the effective interest rates of some bonds) are highly volatile. The mantra is that you accept their risk in exchange for growth. Fine. But volatile Bitcoin has growth potential too -- lots of growth potential. Both Bitcoin and Ethereum, as systems of decentralized, immutable, economical, sustainable, and perfectly legal data-registration means that everyone will become their own notary public. The implications for intellectual property protection are arguably beyond what we can now imagine.

Underlying all of Bitcoin's volatility is an unchanging protocol that is proven to work -- and expected to grow.
I believe that bitcoin prices are on a strong recovery, you can see that in 2017 at this time bitcoin prices are also fluctuating a lot and can see that the market is constantly moving and follow the right The price of bitcoin is rebounding strongly throughout the past year and I believe it will continue to rise to the $ 8000 level. I believe that bitcoin prices will recover very quickly and the market is showing very positive signals.
newbie
Activity: 168
Merit: 0
July 18, 2018, 10:24:33 AM
Of course volatility is the main reason why people love to invest in cryptocurrency. Taking on its advantage about its volatility and earn. Having fluctuations is very good sign that cryptocurrency is in healthy condition. FOr the times like this which market price for bitcoin has fall it should be nothing to worry about instead it will be the best time to buy crypto or bitcoin.
newbie
Activity: 210
Merit: 0
July 18, 2018, 10:20:52 AM
Nilai total dari bitcoin yang beredar dan jumlah bisnis yang menggunakan Bitcoin masih sangat kecil dibanding yang semestinya. Karena itu, acara-acara kecil, perdagangan, ataupun aktivitas bisnis dapat secara signifikan mempengaruhi harga bitcoin. Secara teori, volatilitas ini akan berkurang seiring berkembangnya pasar dan teknologi Bitcoin. Sebelumnya tidak pernah ada mata uang yang diciptakan sendiri, sehingga sangat sulit (dan menarik) untuk membayangkan perkembangan apa yang akan terjadi selanjutnya.
newbie
Activity: 40
Merit: 0
July 18, 2018, 07:59:23 AM
It is an issue alright if we are to look at bitcoin as a currency. We can't have an unstable value for a curency. But as as investment it surely is not an issue.
newbie
Activity: 134
Merit: 0
July 18, 2018, 07:40:19 AM
It really is no issue if we are considering bitcoin as an investment simce there are many investments there that are volatile. But as a currency it is an issue because we can't have a currency that can just decrease in value in just months.
if you speculate, you only need to choose on which timeframe you work daily or weekly. and if you invest, you need to choose an entry point, now is the time.
hero member
Activity: 2282
Merit: 659
Looking for gigs
July 18, 2018, 06:21:31 AM
Of course, Bitcoin and other decentralized cryptocurrencies in the market are highly volatile and unpredictable. For me, I don’t think there is an issue about it as it was designed for long-term. The future is bright for those who buy and hold Bitcoin, as well as skilled day traders out there. Just my two sats.
newbie
Activity: 84
Merit: 0
July 18, 2018, 06:18:57 AM
It really is no issue if we are considering bitcoin as an investment simce there are many investments there that are volatile. But as a currency it is an issue because we can't have a currency that can just decrease in value in just months.
newbie
Activity: 134
Merit: 0
July 17, 2018, 06:56:00 AM
Bitcoins' volatility is not an issue.  You can use its volatility in a positive way. When the price is low, buy it , then sell it when its value goes higher.
for short-term investments it is really good, but for mutual settlements it is very bad. You have transferred the amount of $ 1000? and you only got $ 900 in volatility. this is not acceptable for mutual settlements.
member
Activity: 170
Merit: 10
July 16, 2018, 08:57:10 AM
Well most people consider this as something bad, i like the volatility because it can help you out to make a bunch of money, or to loss a bunch of it. That is why i like volatility, but there are some people that don't like bitcoin because of it, and it is sad
newbie
Activity: 46
Merit: 0
July 16, 2018, 08:51:25 AM
as a crypto trader, volatility of bitcoin is not an issue or a big deal to me, i beg to believe that its through market volatile a good trader make profit... but from the perspective of bitcoin as a store of value, volatility is bad for it if it truly want to be accept as store of value
sr. member
Activity: 448
Merit: 250
July 16, 2018, 08:46:20 AM
It is the thing that I used to explain the non-crypto people what is Bitcoin and why it is working, I say then that many things were used in the past as a currency and also as a payment method, and so many of them had just agreed value, not the real value.
sr. member
Activity: 574
Merit: 250
July 15, 2018, 01:28:23 PM
for some people bitcoin price volatility has no effect, but if bitcoin is used as a legitimate currency then it is very bad for all bitcoin users because bitcoin does not have a standard value or patent that can harm us as bitcoin users.
newbie
Activity: 120
Merit: 0
July 15, 2018, 01:22:36 PM
The market is still very immature, it is normal to have violent fluctuations, and it is not necessary to care too much about the volatility of bitcoin. It is necessary to invest in a long term if it is going to invest in the encrypted world.
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