Can Bitcoin Volatility Be Controlled? - page 23.

Specialforce

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Quote from: iamTom123 on July 03, 2017, 01:12:02 AM

I have read some posts and some concerns that it is the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin. This can be the main factor why big online shopping stores are not yet adding Bitcoin into their payment facilities (though there is now a circulated petition for this but I doubt if it can make a dent).

Some are really saying that if volatility can be managed then we can see Bitcoin going mainstream. I am wondering then: Is volatility something that we should find a way to control and how do you think it can be done?

I don't think the volatility of bitcoin is controllable and at the first place, it was the feature of bitcoin that brought great popularity on it. The volatility of bitcoin is a good thing for money since having this gives them a chance to have their earnings grow more over time. If you are too desperate to control it, you should have first great money in order to have an account to hold it.

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Quote from: Eugenar on November 03, 2017, 05:32:56 PM

Quote from: iamTom123 on July 03, 2017, 01:12:02 AM

I have read some posts and some concerns that it is the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin. This can be the main factor why big online shopping stores are not yet adding Bitcoin into their payment facilities (though there is now a circulated petition for this but I doubt if it can make a dent).

Some are really saying that if volatility can be managed then we can see Bitcoin going mainstream. I am wondering then: Is volatility something that we should find a way to control and how do you think it can be done?

I think it can't be controlled. Bitcoin is naturally volatile. Fluctuations are always expected since its market value only depends on the demand that it is getting from the market. And since the demand can't be controlled such that it changes everytime, same thing happens on its price.

Sometimes, the Bitcoin volatility still needs to creates by someone has money enough to control the market. Therefore, we have the whales, they are controlling the Bitcoin price and other markets, they are people have many money as billionaire Roll Eyes

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Quote from: iamTom123 on July 03, 2017, 01:12:02 AM

I have read some posts and some concerns that it is the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin. This can be the main factor why big online shopping stores are not yet adding Bitcoin into their payment facilities (though there is now a circulated petition for this but I doubt if it can make a dent).

Some are really saying that if volatility can be managed then we can see Bitcoin going mainstream. I am wondering then: Is volatility something that we should find a way to control and how do you think it can be done?

I think it can't be controlled. Bitcoin is naturally volatile. Fluctuations are always expected since its market value only depends on the demand that it is getting from the market. And since the demand can't be controlled such that it changes everytime, same thing happens on its price.

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Quote from: buharikx31 on November 03, 2017, 05:07:25 PM

I think it cant be controled because it's impossible to keep the price volatilitys. It's connected to a market and that's why it cant be controlled, traders make the price of this coin

You are right, it can't be controlled and I would be worried if it could, because that would mean that price manipulation as easy to do. Of course that although it can't be controlled on purpose, it is supposed to go away as we get more people using it, and more liquidity in the market. If there is a lot of liquidity, it's hard to influence the market, and the volatility itself should go away.

Gold was very volatile in the beginning as well, so the same should happen with BTC. Also, as soon as the true value of BTC is understood, and everyone can point it out, it will be more hard to speculate with it, so that will contribute to less volatility as well.

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I think it cant be controled because it's impossible to keep the price volatilitys. It's connected to a market and that's why it cant be controlled, traders make the price of this coin

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Yes , you can control it if you have more than 80% Bitcoin in the world, the price will go down or up depend on your decision. Selling it will down the price, buying it will up the price.

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Was that was it was?

Its impossible, if Bitcoin volatility can be can controlled, then for sure it has been stabilized few years ago and why would you want to control such thing, this traits is what makes Bitcoin really good.

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If bitcoin gets the status of a fiat currency and they are traded on exchanges, the volatility of the exchange rate will decrease.

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This is kind a crazy question. If the volatility could be controled then it wouldn't be any, right? So, no, it can't be controlled. But it's not good to mix volatility and control of the market, which I think it's possible in a way, because these are two different things. But for Bitcoin and other cryptocurrencies different rules are valid compared to fiat currencies and it's not good to make the comparisons.

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how you can do that ? i dont know but some ones play big games we know did you see today how much 6900 to 7450 volume it is not like a control

it will be like a crazy monkey to climb the mountains

uncleduckerr

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It cant be controlled because the people who are in the market are not up for control. However when bitcoin hits a point lets say 25k a coin then after that point perhaps it may be more stable due to the price and how much $

is in the market. This is what provides stability other than having outright control of all participants in the market Grin

game-protect

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If someone has dollars worth 50% of the market cap of bitcoin he could surely control the volatility somehow. But I personally do not see why the volatility of bitcoin prevents many businesses from using it as they can exchange the received bitcoin instantly with for example BitPay. And online shops or services can also use an interface that automatically adjusts the bitoin price.

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I don't think that's even possible because Bitcoin market is somehow related to the stock market. Even though they are two different things, but still if you can find a way to minimize how to prevent the violation of the price then that means there is even a slightest chance that you can control the share market price too.

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Quote from: iamTom123 on July 03, 2017, 01:12:02 AM

I have read some posts and some concerns that it is the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin. This can be the main factor why big online shopping stores are not yet adding Bitcoin into their payment facilities (though there is now a circulated petition for this but I doubt if it can make a dent).

Some are really saying that if volatility can be managed then we can see Bitcoin going mainstream. I am wondering then: Is volatility something that we should find a way to control and how do you think it can be done?

On an individual scale, Bitcoin volatility risk can be managed, by using derivatives. Interestingly, the existence of derivatives markets itself contributes to the reduction of volatility on the overall market.

On the macro scale, besides derivatives markets growth, and deepening the liquidity of spot exchanges, not much can be done. So, in speculators we trust :-)

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Quote from: iamTom123 on July 03, 2017, 01:12:02 AM

I have read some posts and some concerns that it is the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin. This can be the main factor why big online shopping stores are not yet adding Bitcoin into their payment facilities (though there is now a circulated petition for this but I doubt if it can make a dent).

Some are really saying that if volatility can be managed then we can see Bitcoin going mainstream. I am wondering then: Is volatility something that we should find a way to control and how do you think it can be done?

It can't because bitcoin valatolity depends on marjet demand and investors. People can't be controlled if they need to buy or sell because each of us has needs and wants. The reason why bitcoin price drops is just because people sell their bitcoin or dump it. Bitcoin price rise again because btcoin holdera are taking advantage of bitxiin price drop.

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Quote from: xuan87 on July 03, 2017, 02:08:58 AM

I think it can't be controlled because bitcoin is based on decentralised system and there are no one to controlled it, the one that makes it volatility is the supply and demand and we can't controlled people about those things, so bitcoin will never be too stable

There are many measures to control bitcoin. But I have not found a good solution. To prevent bitcoin fluctuations, the government must interfere. Bitcoin is quite similar to gold, its value varies. In recent years the price of gold has stabilized. The government needs a fund to keep the bitcoin stable

lvincent

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I don't think that bitcoin volatility can be controlled you can't control it bitcoin price depends on the supply and demand and to the news that affecting it. As long as bitcoin is decentralized no one can control the volatility of it.

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Quote from: Sir Paijoe on October 23, 2017, 06:49:35 PM

Remember and we must be the current market cap is very large and reach more than $ 130 billion (because the price of 1 btc = $ 6000), with a very large market cap of course will be difficult for anyone to control bitcoin volatility.

There would be a possibility it might happen tbat bitcoin volatility be controlled in the future. But for now, we can say it cannot because since bitcoin was well known it cannot be controlled by anyone. If there would be a changes in the marketcap and someone will have a change in bitcoin I think it will happen. Who knows, we dont know yet.

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Quote from: Rufsilf on October 23, 2017, 02:20:54 PM

If someone can buy the majority of the supply of bitcoin then it is possible to control the volatility because the volatility comes from the sudden changes in supply and if the supply can be controlled then even there will be a lot of demand in the market. The volatility will not occur unless the huge whale will sell some of the bitcoins to the buyers.

Put simple, it can only be controlled when it is centralized by a government or a central bank with global economic jurisdiction but since it will be difficult to have a one world government and economy then it's practically impossible to control Bitcoin volatility now.

Sir Paijoe

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Remember and we must be the current market cap is very large and reach more than $ 130 billion (because the price of 1 btc = $ 6000), with a very large market cap of course will be difficult for anyone to control bitcoin volatility.

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