Topic: Can Bitcoin Volatility Be Controlled? - page 3. (Read 12118 times)
I don’t really think so, Bitcoin can be moved by the Investment people makes, but at which rate it moves is being determined by the developers. So can the volatility of bitcoin be controlled? My answer will be definitely a yes! But only by the devs.
Volatility of bitcoin can't be controlled, one of the bitcoin feature is decentralised system so there's no one single entity that can control the supply thus controlling the price. It moves according to the supply and demand on market and it can't be controlled.
I think bitcoins volatility cannot be controlled not unless the government taxes and eventually manipulate these cryptocurrencies. Once the governement manipulates them then it can be controlled but I don’t think it will happen anytime soon because even the banks are not in favor of these cryptocurrencies, I’m not sure in other countries but in my country it doesn’t.
No, it's hard to control the volatility of the market value because there are so many investors involved and some are still in panic selling.
I think bitcoins volatility cannot be controlled not unless the government taxes and eventually manipulate these cryptocurrencies. Once the governement manipulates them then it can be controlled but I don’t think it will happen anytime soon because even the banks are not in favor of these cryptocurrencies, I’m not sure in other countries but in my country it doesn’t.
I think that it is impossible to control volatility, because bitcoin is based on a decentralized system. What makes it volatile is supply and demand, and we can not control people who buy and sell bitcoin.
This will make it very difficult with such a relatively low capitalization of bitcoins. Simply, this market is still young and requires special rules.
It is already the carry on characteristic of bitcoin might be from the beginning it was discovered, so bitcoin volatility can not be controlled by a person or by group association, it will be the events that bitcoin will always follow until the time it will be replaced or it might vanished.
I don't think that bitcoin volatility can be controlled. This is because when bitcoin was created it was never given a specific value and price which is how a currency could go from costing $10 to being worth about $20,000. Volatility is part of bitcoin.
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?
Since bitcoin is not that old as our regular currency, we cannot say that it could be stable now. It is still dependent on the number of people using it. When the time comes that bitcoin will be used by general, then maybe its price will be more stable, thus more predictable. 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?
The volatility of bitcoin cannot be controlled by the people who are using bitcoin or the people who just want to control it. Bitcoin cannot be controlled because it is not owned by anyone and it is only depending on the buyers and sellers in the market
if i think from your statement that buyers and sellers can control it if they have big capital, they can movement market as they wish. but indeed it can not last long time to control it
The BTC's volatility is uncontrollable because the idea of encryption itself is that it cannot be controlled by the side of virtual currency manipulation. There are a lot of things happening on the market every day, so we shouldn't be totally dependent on what we think is worth now, because it can go up and down at any time.
You are right, i am personally concerned to this factor that bitcoin price is volatile.
Though, it may be the reason why some business wights yet prefer not to hold or accept bitcoin as a payment method.
We can only hope of counteraction on its volatility in future if more people start insinuating Bitcoin.
Of course, with the growing popularity of bitcoin, its price and capitalization will grow, which in turn will lead to the fact that the total capitalization of all crypto currencies will reach several trillion dollars and this will make crypto currencies more resistant to infusions of money on the part of individuals in whose hands is concentrated a considerable mass of money. By helping other people to treat bitcoin more loyal and using it to make payments, we strengthen bitcoin and make its volatility lesser. Though, it may be the reason why some business wights yet prefer not to hold or accept bitcoin as a payment method.
We can only hope of counteraction on its volatility in future if more people start insinuating Bitcoin.
You are right, i am personally concerned to this factor that bitcoin price is volatile.
Though, it may be the reason why some business wights yet prefer not to hold or accept bitcoin as a payment method.
We can only hope of counteraction on its volatility in future if more people start insinuating Bitcoin.
Of course, with the growing popularity of bitcoin, its price and capitalization will grow, which in turn will lead to the fact that the total capitalization of all crypto currencies will reach several trillion dollars and this will make crypto currencies more resistant to infusions of money on the part of individuals in whose hands is concentrated a considerable mass of money. By helping other people to treat bitcoin more loyal and using it to make payments, we strengthen bitcoin and make its volatility lesser. Though, it may be the reason why some business wights yet prefer not to hold or accept bitcoin as a payment method.
We can only hope of counteraction on its volatility in future if more people start insinuating Bitcoin.
You are right, i am personally concerned to this factor that bitcoin price is volatile.
Though, it may be the reason why some business wights yet prefer not to hold or accept bitcoin as a payment method.
We can only hope of counteraction on its volatility in future if more people start insinuating Bitcoin.
Of course, with the growing popularity of bitcoin, its price and capitalization will grow, which in turn will lead to the fact that the total capitalization of all crypto currencies will reach several trillion dollars and this will make crypto currencies more resistant to infusions of money on the part of individuals in whose hands is concentrated a considerable mass of money. By helping other people to treat bitcoin more loyal and using it to make payments, we strengthen bitcoin and make its volatility lesser. Though, it may be the reason why some business wights yet prefer not to hold or accept bitcoin as a payment method.
We can only hope of counteraction on its volatility in future if more people start insinuating Bitcoin.
I think the volatility of bitcoin in the crypto market is a natural process because of its supply characteristics that are not concentrated and not fixed. In addition to dependence on the supply is exploited and held, user demand is increasing. The bitcoin value will fluctuate depending on the time. At the same time, bitcoin is heavily influenced by outside factors such as media misinformation, government bans, suspicions and psychological panic. That is very difficult to control.
Bitcoin volatility is already controlled by the market: if it's so high, it means that the market is undecided about what might happen in the future. External control does not make sense, because it would simply be an extra variable to take into account.
My opinion: Bitcoin can not be controlled. Because even Bitcoin can not control its movements. The Crypto market is always volatile and certainly no one can control this volatility . Prices rise and fall every day, unless you own 60% of market capitalization, so you can control volatility
It is a big Yes for me but Not for now because our government are not yet open to be part of bitcoin's world for now that's why it is not gonna happened but then if the support comes to the government maybe it can control the volatility of it in the future to bitcoin, maybe if that happened many people now are using bitcoin in the future.
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?
Volatility of bitcoin has developed due to the dearth of market knowledge amongst it's investors. People investing in bitcoin for a quick cash generally tend to get swayed by market emotions and overambitious claims by the champions of the crypto currency.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?
The complexity of Blockchain and the esoteric manner in which the currency operates makes it a tough study, this leads to people investing mostly on the basis of little know ledge and hearsay. As a result the market experiences intermittent patterns of sharp rise and fall, this leads to volatility.
Not now, its price will be self stable after peoples maturity.
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