Can Bitcoin Volatility Be Controlled? - page 33.

toolucky98

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Quote from: deppil on July 30, 2017, 07:41:44 PM

Quote from: lighpulsar07 on July 27, 2017, 11:19:46 AM

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.

I've seen that supply and demand can be manipulated by someone who has a large capital in the bitcoin market If fluctuations depend on supply and demand. It means that fluctuations can be controlled by someone who has the power to manipulate supply and demand, isnt it ?

this is only my opinion
i think if somehow many people who has a large capital merge into 1 group that has 50-70% of bitcoin and start to cooperate, i think they can control the fluctuation.

deppil

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Quote from: lighpulsar07 on July 27, 2017, 11:19:46 AM

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.

I've seen that supply and demand can be manipulated by someone who has a large capital in the bitcoin market If fluctuations depend on supply and demand. It means that fluctuations can be controlled by someone who has the power to manipulate supply and demand, isnt it ?

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Quote from: Doms on July 03, 2017, 01:17:21 AM

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 the only way that volatility can be managed is if bitcoin is being used by more people where there is less control of the few to dictate the price. This will not happen in the near future as bitcoin is still a very young currency and still in its development stage. But as years go by and more people are able to use it, the price is going to reach a point where it will stabilize and only minor movements are to be seen.

I agree with you on this issue of volatility. i am hoping that years from now Bitcoin can really go mainstream and that its volatility gets stable. Though we should not get impatient as Bitcoin is still a young currency and it is still undergoing an evolutionary process. One day Bitcoin can be near perfection that is why miners and developers should decide not just based on their self-vested interests but also think of the greater interests of many small Bitcoin holders.

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Quote from: shayshaylaboogie on July 27, 2017, 04:50:30 PM

Quote from: el kaka22 on July 27, 2017, 04:07:49 PM

Quote from: DrGuns4Hands on July 26, 2017, 01:17:54 AM

volatility of bitcoin cannot be controlled because bitcoin is a decentralized currency and the market is not that stable when it comes on buy and sell . you can't predict what's on the mind of big whales that's why bitcoin wouldn't be stable some how. bitcoin is now is not made to be like that but somehow bitcoin and us user adapt it from the bottom of our heart we didn't know that bitcoin could actually grow like the price right now. im glad that i have enough knowledge on bitcoin.

Volatility of bitcoin is very difficult to be controlled because bitcoin is not in approach of someone. But I think may be it come into control after some era because technology based knowledge has not been ended. You are right that prediction about this very is also very confused. But currently it is looking very much clear that volatility of bitcoin is difficult to be controlled at the same time it is highly beneficial to lots of people who engage into trading.

The volatility situation with Bitcoin will not improve until we have more mature investors in the space. the fact is that it's mostly kids trading these assets, or novice investors that aren't trained, and it shows. You don't see this much volatility with gold or most stocks: that is because those are institutional investors. They went to school to trade, and it makes a difference. until the general level of education amongst traders improves, this will be a feature of the Bitcoin price and most other cryptos. Uncertainty.

Sorry to say that, but this is complete bullshit

Crude oil markets are as institutionalized as it is ever possible to become, but they still see insane volatility at times (in fact, oftentimes) which is quite comparable to that of Bitcoin (in relative terms). Obviously, it has nothing to do with novice or experienced investors or traders. This is real economy at work here (you could even say realpolitik). This is the same with Bitcoin, and Bitcoin volatility simply reflects the (lack of) real economy behind it

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Quote from: Blamsud on July 25, 2017, 12:29:16 AM

Quote from: malikusama on July 25, 2017, 12:16:56 AM

High volatility is the issue, volatility of bitcoins makes it unique from other currencies and it is attractive feature as business point of view. Volatility can be controlled if we have a stable market of bitcoin (which is in fact not possible due to its characteristics in my point of view)

We can't control volatility since it is decentralized and demand is hard to predict. Some countries planning on implementing it can make its value really high. Stable market can only happen in short period of time and can change as fast that we don't even noticed.

What about users who have millions of bitcoins in their wallets? Can not that make the bitcoin market fluctuate if the user is doing something like selling or buying? While the bitcoin market today is still very easy and vulnerable to manipulation with issues and big players?

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Quote from: adzino on July 27, 2017, 11:22:03 AM

As long as there are whales who dominate the market, i don't think the volatility can be controlled. They can dictate the market, thus making the market more volatile. New bitcoin users increasing day by day. When we will have steady amount of users, the price might also go less volatile.

Too many whales in the market will make the market full with manipulation. The volatility can be controlled just using pump the price of the coin that makes those newbies feel want to join on the incorrect time such as in the middle of the pump. That gives the more opportunity for the whales to dump it just in a second. The market activities can't be determined.

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Quote from: el kaka22 on July 27, 2017, 04:07:49 PM

Quote from: DrGuns4Hands on July 26, 2017, 01:17:54 AM

volatility of bitcoin cannot be controlled because bitcoin is a decentralized currency and the market is not that stable when it comes on buy and sell . you can't predict what's on the mind of big whales that's why bitcoin wouldn't be stable some how. bitcoin is now is not made to be like that but somehow bitcoin and us user adapt it from the bottom of our heart we didn't know that bitcoin could actually grow like the price right now. im glad that i have enough knowledge on bitcoin.

Volatility of bitcoin is very difficult to be controlled because bitcoin is not in approach of someone. But I think may be it come into control after some era because technology based knowledge has not been ended. You are right that prediction about this very is also very confused. But currently it is looking very much clear that volatility of bitcoin is difficult to be controlled at the same time it is highly beneficial to lots of people who engage into trading.

The volatility situation with Bitcoin will not improve until we have more mature investors in the space. the fact is that it's mostly kids trading these assets, or novice investors that aren't trained, and it shows. You don't see this much volatility with gold or most stocks: that is because those are institutional investors. They went to school to trade, and it makes a difference. until the general level of education amongst traders improves, this will be a feature of the Bitcoin price and most other cryptos. Uncertainty.

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Quote from: DrGuns4Hands on July 26, 2017, 01:17:54 AM

volatility of bitcoin cannot be controlled because bitcoin is a decentralized currency and the market is not that stable when it comes on buy and sell . you can't predict what's on the mind of big whales that's why bitcoin wouldn't be stable some how. bitcoin is now is not made to be like that but somehow bitcoin and us user adapt it from the bottom of our heart we didn't know that bitcoin could actually grow like the price right now. im glad that i have enough knowledge on bitcoin.

Volatility of bitcoin is very difficult to be controlled because bitcoin is not in approach of someone. But I think may be it come into control after some era because technology based knowledge has not been ended. You are right that prediction about this very is also very confused. But currently it is looking very much clear that volatility of bitcoin is difficult to be controlled at the same time it is highly beneficial to lots of people who engage into trading.

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There have been more than a hundred coins that have come out where the developer completely control the price completely control The Exchange points at completely controlled everything with that going, and no one wanted that going because all of that control was with the developer. The same as basically true with the side token, the control is being placed within the token and within the exchange between the side token and the parent token, but it's basically a compromise between the outside token that's price controlled by the exchanges, and the side token who's price is supposedly a reflection of that other price in a less volatile environment.

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Quote from: adzino on July 27, 2017, 11:22:03 AM

As long as there are whales who dominate the market, i don't think the volatility can be controlled. They can dictate the market, thus making the market more volatile. New bitcoin users increasing day by day. When we will have steady amount of users, the price might also go less volatile.

Yes I agree and there's no such other reasons behing this discussions and to think why bigger whales really taking control of this, I think that market can be dictated by those bigger investor la who were the bigger whales. That's already an actual scenarion that new btc users increased but they had weaker hands and a panic sellers who couldn't control their emotions bythe time price volatility is happening already.

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Quote from: adzino on July 27, 2017, 11:22:03 AM

As long as there are whales who dominate the market, i don't think the volatility can be controlled. They can dictate the market, thus making the market more volatile. New bitcoin users increasing day by day. When we will have steady amount of users, the price might also go less volatile.

They are as factor helps the price crypto on market going to their trend. Just creating some news make trader on market fearing or interesting, they can "control" the volatility on market easy

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The volatility of Bitcoin is the same as the volatility of Fiat in the forex market, the difference is that Bitcoin only has volatility more frequently than the Fiat.

The volatility has a tendency to balance when more people have bitcoin.

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As long as there are whales who dominate the market, i don't think the volatility can be controlled. They can dictate the market, thus making the market more volatile. New bitcoin users increasing day by day. When we will have steady amount of users, the price might also go less volatile.

lighpulsar07

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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.

ajmapalo22

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Volatility cannot be controlled but if bitcoin value will be set like how USD are being valued I think bitcoin can be controlled. But before that to happen it will need enough time so that the market of bitcoin can be analized well it will took I think 3 - 5years but for now we cannot control volatility of bitcoin.

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Best way to gain control over something like this is to add a layer such as a side token. You can't do this in a bass root coin, but then you're placing the entire price control within the developers hands. In other words, you could use a clone of Bitcoin and recode it placing price control of its value completely within the wallet.

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Quote from: lionheart78 on July 26, 2017, 02:36:22 PM

Quote from: CrowdFunder on July 25, 2017, 06:56:29 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.

I agree volatility can't control. This is the effect of an open unregulated market. Bitcoin price is driven by supply and demand, so I believe volatility cannot be controlled in Bitcoin. Another thing is, bitcoin is not regulated to combat its wild fluctuation. There is no Body that watched over the bitcoin market an release orders to be able to stop the crash or uptrend of bitcoin.

Right! Gold is being from the long years ago. We are unable to control the volatility of it first then how it will work to control the bitcoin price. This volatile nature only gives income to traders, loaners and etc... Of no changes they can make the profit and run their business. Please check the market value there is again little dump in the chart.

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Quote from: CrowdFunder on July 25, 2017, 06:56:29 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.

I agree volatility can't be controlled. This is the effect of an unregulated open market. Bitcoin price is driven by supply and demand, so I believe volatility cannot be controlled in Bitcoin. Another thing is, bitcoin is not regulated to combat its wild fluctuation. There is no Body that watched over the bitcoin market an release orders to be able to stop the crash or uptrend of bitcoin.

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Quote from: Mandoy on July 26, 2017, 06:08:25 AM

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?

Well volatility can be controlled and we can make the price of bitcoin stable. But the problem lies on the total amount of bitcoins in the circulation which is 21 million coins and if we fixed its value only a limited few can have it. Aside from that if we will make bitcoins price stable the only way to do that is to make a consensus of all stakeholders and that is very difficult to do since bitcoin is decentralized. In order for us to do that the states around the world must unite and enjoined to discuss and settle things as to what value will be given to bitcoin. That will end the volatility but also bitcoins decentralized feature. In short to make bitcoins price controllable we must make bitcoin decentralized and that is a very big problem. In my own opinion I would like bitcoin that is volatile since that will help me earn profit from trading and aside from me that is how people loved and trusted bitcoin.

You likely meant to say centralized, right?

But this is meaningless since, first, it is next to impossible to achieve(read flat-out impossible), and, second, this is a futile enterprise on its own (sort of a fool's errand). The next to impossible thing seems to be pretty self-evident (so it doesn't need any further explanation), while the futile thing refers to the fact that there is nothing wrong in volatility per se and nothing good in artificially stable prices (which is what your procedure basically assumes). Market volatility reflects the true essence of a coin, it is just how things are, in this case in respect to Bitcoin. Further, the volatility will go down if Bitcoin becomes an integral part in a self-sufficient, closed-loop economy, where it will be used as a full-fledged means of payment. Right now it is far from being that, it is more often than not just a front-end for some fiat currency (in most cases, the US dollar)

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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?

Markets should be free to move as they do, it is inconvenient for business I know that but trying to control the price of bitcoin will create more problems than the ones that it solves as has been proved many times in history, when an authority tries to restrict the free market it usually backfires.

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