Pages:
Author

Topic: Can Bitcoin Volatility Be Controlled? - page 32. (Read 12142 times)

legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
August 01, 2017, 01:44:34 AM
Bitcoin isn't the currency to be used in the industries or shopping mall. It's high tech chain of blocks containing sensitive information yet very secure in the public.


Quote
the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin


Th volatility is the reason it is giving out us profits from investments and trades that we open up. If bitcoin value gets stabilised then on what you will put your stakes. There won't be any reason to do this and bitcoin will collapse because then there won't be any difference between gold and bitcoin and other stuff in the market.

It's better be volatile man!

Better for whom? Big players and whales? I agree that many people earn from this fluctuations but for mass adoption bitcoin will need stability. That is one of the primary things that bitcoin needs, because if there is stability whales will not be able to earn so much and move the market as they wish. Market should be independent and decentralized, if some people can interfere as they wish that will not be a good thing for people.
I believe that bitcoin can be stable one day, price can't rise forever, in one moment bitcoin settle on some price, when will that happen  nobody can't say, but for sure not in any time soon.

That's not going to happen any time soon

First, there is no reason for the price to settle at a certain level, and if it continues to rise (which is good), volatility will be rising too (and likely even faster than the price itself). Second, price stability can happen if Bitcoin ceases to be (mostly) a speculative asset. That would mean building a real economy around Bitcoin, though we are not there yet. In fact, we didn't even come close enough to that. Anyway, this is not going to happen until the price stabilizes. So we are in a sort of endless loop, in a vicious circle of sorts
sr. member
Activity: 588
Merit: 256
August 01, 2017, 12:39:09 AM
Bitcoin volatility will decrease as Bitcoin's market and technology develops, bitcoin software is currently under development. New devices, features and services are being developed to make Bitcoin more secure and accessible to the public.
staff
Activity: 3206
Merit: 575
Join the world-leading crypto sportsbook NOW!
August 01, 2017, 12:14:53 AM
I don't think there is any way to control the volatility of Bitcoin as it is a free market of trading without any government control, but this is also one of the reason why bitcoin is attractive to many investors, as there is no limits on how high the values of bitcoin could rise, there is always a potential to get a huge profit from trading bitcoins.
full member
Activity: 238
Merit: 100
July 31, 2017, 11:02:35 PM
All that can be controlled by the team behind it, some of them provide a fake price that moves to get its own profit, what it is called its control.
sr. member
Activity: 364
Merit: 252
July 31, 2017, 09:14:11 PM
The speculative investing causes volatility.  If Bitcoin was widely adopted for commercial use (buying and selling products and services), then the volume would go up so drastically that the buying and selling of traders would have a far smaller impact.

It is not just volumes (or the speed of circulation) but value which matters as well. The market capitalization of bitcoin should increase to such an extent that whales cannot move the market.

Well it was volatile at $200 and it's still volatile at $3000, which is 15 times the value.  Higher value (which would represent higher demand) might help, but regardless of the value, if the volume is low, the price will move easily.  Same concept as the stock market.  Once you increase the volume substantially, each trade has a much less significant impact on price.
legendary
Activity: 1246
Merit: 1000
July 31, 2017, 08:57:15 PM
The speculative investing causes volatility.  If Bitcoin was widely adopted for commercial use (buying and selling products and services), then the volume would go up so drastically that the buying and selling of traders would have a far smaller impact.

It is not just volumes (or the speed of circulation) but value which matters as well. The market capitalization of bitcoin should increase to such an extent that whales cannot move the market.
sr. member
Activity: 364
Merit: 252
July 31, 2017, 07:18:23 PM
The speculative investing causes volatility.  If Bitcoin was widely adopted for commercial use (buying and selling products and services), then the volume would go up so drastically that the buying and selling of traders would have a far smaller impact.

The higher the volume, the harder it is manipulate and have huge volatility.
hero member
Activity: 1148
Merit: 504
July 31, 2017, 06:53:06 PM
I don't think of any main factors that controls the price of bitcoin, the surge and dump of its price is uncontrollable or unpredictable. Bitcoin is different from alternate currencies its so special and its a masterpiece, Maybe the only thing that can be control over bitcoin is ownership or volume that holders have but not the price actually.
By controlling or manipulating the fluctuations it means you can set the bitcoin price but to control fluctuations is not something that can be done. You might just use a variety of ways such as managing supply and demand on the bitcoin market, but it would not be too influential on the fluctuations or the price of #imo
sr. member
Activity: 868
Merit: 266
July 31, 2017, 05:13:22 PM
I don't think of any main factors that controls the price of bitcoin, the surge and dump of its price is uncontrollable or unpredictable. Bitcoin is different from alternate currencies its so special and its a masterpiece, Maybe the only thing that can be control over bitcoin is ownership or volume that holders have but not the price actually.
I think there are many people who say that bitcoin prices can be controlled as well as fluctuations, they just need to manipulate supply and demand, but what is said and the reality is very much different. Although you're trying to manipulate supply and demand with big capital, it's not going to work right now because very large bitcoin users today

To manipulate supply and demands actually means you will have to manipulate the investors itself because thay are the ones who causes the volatility of the currency and these are caused by speculations either good or bad about what's going to happen concerning bitcoin.
hero member
Activity: 1400
Merit: 536
July 31, 2017, 02:44:50 PM
Volatility can't be controled but it will get more and more reduced as market cap and daily volume increases over time. Bitcoins volatility is proportional to its value, at higher valuations it takes more fiat to move the price in either direction.
This, we must not forget that bitcoin is still a new and untested technology, so it makes sense there is a lot of volatility as time goes on and more money is moving in bitcoin then the volatility is going to get lower and lower until it is just a memory in the distant past.

The bitcoin can be in the test phase, but if the volatility is variable it turns out that there are many parts, so it does not make much sense for me that the volatility will become stagnant after the test is over.
sr. member
Activity: 980
Merit: 255
July 31, 2017, 12:05:19 PM
Volatility can't be controled but it will get more and more reduced as market cap and daily volume increases over time. Bitcoins volatility is proportional to its value, at higher valuations it takes more fiat to move the price in either direction.
This, we must not forget that bitcoin is still a new and untested technology, so it makes sense there is a lot of volatility as time goes on and more money is moving in bitcoin then the volatility is going to get lower and lower until it is just a memory in the distant past.
legendary
Activity: 1372
Merit: 1008
July 31, 2017, 03:36:24 AM
I don't think of any main factors that controls the price of bitcoin, the surge and dump of its price is uncontrollable or unpredictable. Bitcoin is different from alternate currencies its so special and its a masterpiece, Maybe the only thing that can be control over bitcoin is ownership or volume that holders have but not the price actually.
I think there are many people who say that bitcoin prices can be controlled as well as fluctuations, they just need to manipulate supply and demand, but what is said and the reality is very much different. Although you're trying to manipulate supply and demand with big capital, it's not going to work right now because very large bitcoin users today
sr. member
Activity: 520
Merit: 250
July 31, 2017, 02:42:38 AM
I don't think of any main factors that controls the price of bitcoin, the surge and dump of its price is uncontrollable or unpredictable. Bitcoin is different from alternate currencies its so special and its a masterpiece, Maybe the only thing that can be control over bitcoin is ownership or volume that holders have but not the price actually.

For me bitcoin is not that special but it is really one of the masterpiece a man can invent. Because of bitcoin, many more alternative coins are made and their technology are being applied to other not only in digital currencies. But as you've said, bitcoin's volatility will not be controlled by anyone but it can be affected by some happenings.
it can't really be controlled that makes it more unique since it can increase in value vmbut also can decrease. It will only depend on us on how we gonna use it for our advancement.
hero member
Activity: 1722
Merit: 528
July 31, 2017, 01:09:30 AM
I don't think of any main factors that controls the price of bitcoin, the surge and dump of its price is uncontrollable or unpredictable. Bitcoin is different from alternate currencies its so special and its a masterpiece, Maybe the only thing that can be control over bitcoin is ownership or volume that holders have but not the price actually.

For me bitcoin is not that special but it is really one of the masterpiece a man can invent. Because of bitcoin, many more alternative coins are made and their technology are being applied to other not only in digital currencies. But as you've said, bitcoin's volatility will not be controlled by anyone but it can be affected by some happenings.
legendary
Activity: 3248
Merit: 1179
July 31, 2017, 01:05:51 AM
Bitcoin isn't the currency to be used in the industries or shopping mall. It's high tech chain of blocks containing sensitive information yet very secure in the public.


Quote
the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin


Th volatility is the reason it is giving out us profits from investments and trades that we open up. If bitcoin value gets stabilised then on what you will put your stakes. There won't be any reason to do this and bitcoin will collapse because then there won't be any difference between gold and bitcoin and other stuff in the market.

It's better be volatile man!



Better for whom? Big players and whales? I agree that many people earn from this fluctuations but for mass adoption bitcoin will need stability. That is one of the primary things that bitcoin needs, because if there is stability whales will not be able to earn so much and move the market as they wish. Market should be independent and decentralized, if some people can interfere as they wish that will not be a good thing for people.
I believe that bitcoin can be stable one day, price can't rise forever, in one moment bitcoin settle on some price, when will that happen  nobody can't say, but for sure not in any time soon.
newbie
Activity: 83
Merit: 0
July 31, 2017, 12:01:07 AM
I don't think of any main factors that controls the price of bitcoin, the surge and dump of its price is uncontrollable or unpredictable. Bitcoin is different from alternate currencies its so special and its a masterpiece, Maybe the only thing that can be control over bitcoin is ownership or volume that holders have but not the price actually.
sr. member
Activity: 700
Merit: 300
July 30, 2017, 11:49:13 PM
Bitcoin isn't the currency to be used in the industries or shopping mall. It's high tech chain of blocks containing sensitive information yet very secure in the public.


Quote
the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin


Th volatility is the reason it is giving out us profits from investments and trades that we open up. If bitcoin value gets stabilised then on what you will put your stakes. There won't be any reason to do this and bitcoin will collapse because then there won't be any difference between gold and bitcoin and other stuff in the market.

It's better be volatile man!

hero member
Activity: 882
Merit: 500
July 30, 2017, 11:16:19 PM
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 would be wrong for all bitcoiners if bitcoin price fluctuations get stopped because most of the people are making money from the fluctuations only .
Here fluctuations are the big role who playing a important role to make the fluctuations in the market of cryptocurrency , We can see that with the small fluctuations the price of the altcoins get fluctuate more And that gave us the opportunity to make earnings through buy and sell and make profit .
But still if you are thinking that to control in the volatility will be better for the bitcoin then think that what will be new in bitcoin ( after payment ) in comparison of fiat currency .
Here most of the bitcoiners don't want to be anonymous or want earn money with privacy ,but most of them want to make money publicly , Which is possible through the fluctuations only .
full member
Activity: 195
Merit: 100
"Proof-of-Asset Protocol"
July 30, 2017, 11:07:52 PM
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 am not sure but my answer is no. The volatility of the bitcoin can't be controlled by anyone. The value of the bitcoin is always changing and no one can controlled it. I think there is no way to control the volatility of bitcoin.
hero member
Activity: 1148
Merit: 504
July 30, 2017, 10:51:08 PM
No. Volatility can't be controlled this is the side effect of unregulated market only the supply and the demand controls the price although bitcoin and cryptomarket isn't widely recognized by most of us even here in my country bitcoin isn't known here so, i think that bitcoin will reach stability if more users are engaged in bitcoin and the marketcap is big as gold marketcap.
Yeah I agree with you, fluctuations will not be controlled because fluctuations occur and change it will depend on supply and demand. You know supply and demand will depend on the user and it also can not be controlled. Fluctuations may fade and start to stabilize when marketcap is very large

Pages:
Jump to: