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Topic: Can Bitcoin Volatility Be Controlled? - page 35. (Read 12118 times)

full member
Activity: 588
Merit: 100
July 25, 2017, 12:32:52 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?
We can control volatile when many are using bitcoin
That bitcoin have opportunity to be rich so Im so much thakul I met bitcoin thats gives life.this is very late .
full member
Activity: 210
Merit: 100
July 25, 2017, 12:25:30 PM
Controlling bitcoins volatility is out of the question. The best we can hope for is for lots of people to own a share, this way a few individuals with truck loads of coins wont be able to manipulate the market. Not everyone is adverse to the volatile nature of bitcoins., for quick thinking traders, high volatility is very desirable.

Not only does it provide plenty of opportunities for large, fast profits but also lots of buying or selling opportunities within larger trends. That said, traders conditioned to more staid markets will need to seriously adjust their game plan in order to survive in the wild bitcoin markets.
sr. member
Activity: 700
Merit: 275
July 25, 2017, 12:24:59 PM
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

Indeed perfectly depicted. Bitcoin is not really meant to be controlled by anyone and that should actually good thing about it. The reason is it can grow and rise in the price as the investors bring more volumes into trades. The limited supply is also meant for bitcoin rush that is people will put lots of money to mine it and earn back the profits in the virtual world. So controlling bitcoins volatile nature is like restricting it from growing into bigger value.
hero member
Activity: 602
Merit: 500
July 25, 2017, 12:16:47 PM
There's two sides to the coin. The volatility comes from the fact that there are no controls being applied to it and that price is beset by constantly in use exchange system. Can you start applying controls to that as such as 15 minute updates, then you're either being unfair to the investors that are making money off of these changes or you're hurting me investors by locking and changes for period of time.

Now it is granted, that it will make it difficult for a consumer, when a product and he just picked up off of the Shelf has a fluctuating currency Price attached to it that literally going to be possibly 50 to $100 different before he gets to check out.  Sad
legendary
Activity: 1190
Merit: 1024
July 25, 2017, 12:14:50 PM
There's two sides to the coin. The volatility comes from the fact that there are no controls being applied to it and that price is beset by constantly in use exchange system. Can you start applying controls to that as such as 15 minute updates, then you're either being unfair to the investors that are making money off of these changes or you're hurting me investors by locking and changes for period of time.
sr. member
Activity: 868
Merit: 256
July 25, 2017, 07:28:53 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?

Bitcoin's decentralized feature makes it hard to control its volatility. In order to control the price movement of one currency, there has to be a central governing body tht would control the supply and demand of bitcoins. If this happens, if bitcoin would be centralized, it would make bitcoin less attractive and boring. Nowadays, bitcoins are seen more as an investment rather than a medium of exchange. And in investment, the price's volatility adds flavor to trading. It is what makes it exciting. So, in my opinion, bitcoin holders, specially investors, would prefer bitcoin's price volatility as it is. It is part of its beauty.
hero member
Activity: 1148
Merit: 504
July 25, 2017, 07:12:53 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.
Yeah of course it can not be manipulated or set by someone. Unless bitcoin is not decentralized and owned by someone of course owners will do bitcoin price manipulation for their benefit and profit. But the bitcoin is decentralized, so bitcoin will not be able to manipulate its fluctuations
sr. member
Activity: 348
Merit: 250
July 25, 2017, 06:12:52 AM
you cannot control bitcoin market and you cannot control everyone else mind. will they pump or will they dump? that is why you cannot control bitcoin volatility. it is very different in fiat where government will just release federal reserves if fiat is getting too weak.
Yeah , Futhermore they use media to make a fake news or a speculations for bitcoins price which affects a lot to the market .They can't control the volatility ,they only take advantage on social media to promote news .The price based on the investors who spend in bitcoins .
You can understand some people on market maybe is whales or big boy want the price this coin increasing or decreasing, but in first time they need use media to make some fake news and create panic on market. The subjects helps them are speculator, newbie, trader with mentality always fearing ... are people helps this happens fast and easy more.
hero member
Activity: 2604
Merit: 816
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July 25, 2017, 03:29:43 AM
you cannot control bitcoin market and you cannot control everyone else mind. will they pump or will they dump? that is why you cannot control bitcoin volatility. it is very different in fiat where government will just release federal reserves if fiat is getting too weak.
Yeah , Futhermore they use media to make a fake news or a speculations for bitcoins price which affects a lot to the market .They can't control the volatility ,they only take advantage on social media to promote news .The price based on the investors who spend in bitcoins .
Everything will come to an end when that will be more number of bitcoin users in action. Bitcoin adopters and in more particularly the people who are using bitcoins for daily life are very less in number that is the reason FUDs are still working. When we will be having bitcoin as mainstream momentary system, I believe we never need to worry about volatility of bitcoin prices anymore.

when bitcoin user is getting bigger, then i think bitcoin will still volatile because bitcoin price is changing evertime because of supply and demand in market. bitcoin user following the price in the market and if they are buying product for their daily life, i think it is not make bitcoin price is stable.
legendary
Activity: 1442
Merit: 1025
July 25, 2017, 03:16:20 AM
you cannot control bitcoin market and you cannot control everyone else mind. will they pump or will they dump? that is why you cannot control bitcoin volatility. it is very different in fiat where government will just release federal reserves if fiat is getting too weak.
Yeah , Futhermore they use media to make a fake news or a speculations for bitcoins price which affects a lot to the market .They can't control the volatility ,they only take advantage on social media to promote news .The price based on the investors who spend in bitcoins .
Everything will come to an end when that will be more number of bitcoin users in action. Bitcoin adopters and in more particularly the people who are using bitcoins for daily life are very less in number that is the reason FUDs are still working. When we will be having bitcoin as mainstream momentary system, I believe we never need to worry about volatility of bitcoin prices anymore.
legendary
Activity: 3486
Merit: 1280
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July 25, 2017, 02:43:06 AM
Ending the hard fork debate would contribute heavily towards reducing volatility. A high proportion of price shifts and volatility are correlated with hard fork announcements. Other common themes affecting volatility are announcements regarding countries legalizing/banning crypto, SEC announcements involving crypto ETF's, announcements relating to seizing of crypto without checks & balances such as senate bill 1241, national debt and associated fiat volatility et al

That's unlikely to happen in the near future

And if before it were mostly idle talks with developers and miners coming up now and then with curses against each other (let's call that a cold war era), what we see now could be described as the eve of a hot war. So the debates are likely going to escalate further as we near November (when a true hard fork should happen), and what's more troubling, these debates could actually provoke, lead to, or turn into certain actions with unintended consequences. It seems like we are going to see plenty of struggle ahead, a lot more in comparison to what we have already seen by now and with more action at that
sr. member
Activity: 490
Merit: 256
July 25, 2017, 02:21:48 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?

Bitcoin being decentralized and its price being dependent on its demand and supply, controlling the volatility is a difficult one. The community is just small but you can clearly see how wild the price can be. What if it gets globally accepted; what will happen; how wild the price will be? The only way to deal with the volatility is to control its variables, either the price or the demand.
hero member
Activity: 1386
Merit: 504
July 25, 2017, 02:01:40 AM
you cannot control bitcoin market and you cannot control everyone else mind. will they pump or will they dump? that is why you cannot control bitcoin volatility. it is very different in fiat where government will just release federal reserves if fiat is getting too weak.
Yeah , Futhermore they use media to make a fake news or a speculations for bitcoins price which affects a lot to the market .They can't control the volatility ,they only take advantage on social media to promote news .The price based on the investors who spend in bitcoins .
copper member
Activity: 434
Merit: 278
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July 25, 2017, 01:33:18 AM
you cannot control bitcoin market and you cannot control everyone else mind. will they pump or will they dump? that is why you cannot control bitcoin volatility. it is very different in fiat where government will just release federal reserves if fiat is getting too weak.

If you build a group and invest a decent amount of BTC it could be controlled, on the other hand it is really tough to think that way, the only thing that I know is if other company started accepting bitcoin as payment the value of BTC will levitate.
sr. member
Activity: 520
Merit: 250
July 25, 2017, 01:25:57 AM
you cannot control bitcoin market and you cannot control everyone else mind. will they pump or will they dump? that is why you cannot control bitcoin volatility. it is very different in fiat where government will just release federal reserves if fiat is getting too weak.
Since were in technology era now, it is really on cryptocurrencies and its volatility will be hard to control.it is decentralized and will only depend on its market besides pump and dumo is always part of it.
legendary
Activity: 2240
Merit: 1069
July 25, 2017, 12:51:13 AM
you cannot control bitcoin market and you cannot control everyone else mind. will they pump or will they dump? that is why you cannot control bitcoin volatility. it is very different in fiat where government will just release federal reserves if fiat is getting too weak.
sr. member
Activity: 503
Merit: 250
July 25, 2017, 12:29:16 AM
#99
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.
copper member
Activity: 1050
Merit: 294
July 25, 2017, 12:16:56 AM
#98
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)
sr. member
Activity: 392
Merit: 250
July 25, 2017, 12:02:45 AM
#97
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 is the main nature of bitcoin due to its decentralized nature.Bitcoin reflects its original value whether higher or lower.There is no central body to control it.So volatility could not be controlled and it is due to this volatility traders gain by trading bitcoins.
sr. member
Activity: 756
Merit: 253
July 24, 2017, 11:59:21 PM
#96
I think the bitcoin's bitality is difficult to control. It's because supply and demand of bitcoin are different, which causes rise and fall of bitcoin prices. That's why online stores do not accept bitcoin as a means of payment .. they are afraid of bitcoin votality that often changes. It may be that the store can benefit. And may also incur losses. It's uncertain.

It can definitely not be controlled by an individual but maybe a group of whales or big time holders of Bitcoin who can either regulate demand or supply by their actions of withdrawing or buying.
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