Can Bitcoin Volatility Be Controlled? - page 4.

stayeduptolate

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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?

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.
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.

zhuiyongliang8

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If there is no volatility in bitcoin, there is only one case.

That BTC become common currency in the world, no country can use BTC as the legal tender of their own country, then BTC = 1 BTC, nothing to the dollar, yen, euro, the yuan, only BTC a currency.

Only in this way the BTC will not fluctuate.

dharnamonitor

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Quote from: carlbreezy on March 17, 2018, 01:09:25 AM

Does having limited supply makes the price volatile? i think while demand go ups and downs and supply remains constant makes the price so volatile.

There are many factors actually that makes bitcoin volatile such as when there's a news about it you could see that the price can slightly change or when the people are in selling mode. We cannot control its volatility because it is a part of bitcoin's nature as a cryptocurrency.

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Quote from: bitcoinmaniac52 on March 18, 2018, 07:57:30 AM

I don't believe it can be controlled because no one controls bitcoin and therefore no one owns it. Bitcoin will always be volatile and that is how investments in bitcoin yield money and a lot of profits for investors. If the coin stays in a single position then making profits is no longer an option. The best that can be done is to put regulations on trades like it is in the stock market.

No one cotrols, but there are fudders who are too good in making news that makes the people do exactly same decisions of pulling out their investments due to this news, it cant be controlled totally but there are percentage hat really affects due to fuds.

ololajulo

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It can be controlled but they won't do that because that's where investors make profit and that's y it is not having it preeminence in the daily and regular trade aside the complain of delay/slow transaction. This year the volatility had been slightly controlled, the plan to keep it under $12000 from.the beginning of the year buy we all know it can only last a while before it breaks it

bitcoinmaniac52

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I don't believe it can be controlled because no one controls bitcoin and therefore no one owns it. Bitcoin will always be volatile and that is how investments in bitcoin yield money and a lot of profits for investors. If the coin stays in a single position then making profits is no longer an option. The best that can be done is to put regulations on trades like it is in the stock market.

Pendularin

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Quote from: Granslam on March 18, 2018, 07:15:06 AM

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.

We cant control the volatility of bitcoin because this is a decentralized investment .The mean purpose of this site is to develop more knowledge about investing to have huge profit returns. This is unlike on the bank that are centralized ,in here we can take advantage because it usually have a possible to increase its value.

Granslam

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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.

KomodoStrikes

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Quote from: bitcoinFPT on March 17, 2018, 04:39:30 AM

volatilition of bitcoin is can not controlled be controlled because you can not control the demand of people Who selling, buying or production bitcoin. In another way bitcoin is decentralized as long as there is demand in the market so bitcoin volatility is still exist

On top of that, bitcoin's volatility depends on the mind of the people who are investing on this currency.
If a single whale with thousands of bitcoin on his bag, it can surely affect bitcoin's price if he had sold it all.
Bottomline, the more whales buy or sell bitcoin at big volume, the higher volatility risks/safety is.

heraldlazaro25

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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?

In my own opinion, I think bitcoin volatility can be controlled by us. We are the main reason why the price of bitcoin is going low or going high. Maybe, if many people will support bitcoin, the price of bitcoin will increase and we can now control its volatility.

Blue Bell

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Quote from: Tiernadi on March 17, 2018, 05:40:28 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, it's hard to imagine how you can control volatility of Bitcoin. It's based on the number of BTC buyers and sellers. You can't pressure someone to cancel the purchase of BTC Grin

No one can force you to sell your bitcoin so it is all your decision, learn about the bitcoin rise and fall, no need to see bitcoin volatility as negative thing, I think if today price is low then after few months price of bitcoin will be double, for me bitcoin is best currency because it never stop at specific point it use to rise after it get down. Market will be high once again, wait and let it grow no need to sell at low price, volatility is good for ordinary people as low price opens a gate for them to buy and invest in bitcoin, will be good if it never get controlled.

Babyrica0226

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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?

Actually, don't offend on this statement of mine mate, you know what you've reached your 2nd to the highest position on this forum and I am wondering why are you asking this question? don't tell me you don't know the answer? but allow me to give my opinion, we all know that Bitcoin or altcoin are volatile then both of them are decentralized which means it can't be control by anyone even the private sectors of the company neither the government because they are all regulated or centralized system concept.

hagiyatmaz

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Is a very small group of people controlling the price of Bitcoin? Could the volatility of Bitcoin be hints of a coordinated attack from that group?
It would be great to get an analysis from major exchanges on the proportion of Bitcoin traded by the biggest buyers and sellers. My feeling is that Bitcoin has a wide enough ownership to make price control difficult and risky. For example if a small group dump their Bitcoin in the hope of picking it up cheaply the next day, they face the risk that the market absorbs their sales and that the price rises, causing them to lose money.If you look at large drops in the price of Bitcoin, they tend to correlate to events where ordinary investors are likely to follow each other in a downward selling pattern.However some smaller crypto tokens have had wild price swings that don’t seem to follow any particular reason. In these cases, it seems credible that a small group were able to risk enough coins to substantially affect the price.

Nakedbitcoin

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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?

Even fiat money like dollar is not stable. But bitcoin is the most unstable. For me, this cannot be controlled because this is decentralized. But its volatility is helpful in many ways. Like for those investors, they can profit bigger when they buy coins at lower price and sell them at its highest.

Angna27

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I guess it cannot be controlled there are factors that involved in its uprising and changes that's why investor and other people cannot fully adopt bitcoin because by any chance what they invest will be gone in time when the price is drop.

Ikay

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We can expect that but volatility of btc is the main reason why people want to invest in btc because they think that their investments were able to increase and have profit even their money is in risk.

Kaniel-ouots

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Of corse it can as the price is so low for limited coin only 21 million coin that's too low fothe real price it must be 100-150 k per coin

labs0918

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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 we can control the volatility of bitcoin if many people use it or most of us will use bitcoin. If it will happen maybe all shopping malls will allow bitcoin as payment if the price of bitcoin is stable.

Allura74

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Quote from: Tukang Becak on March 17, 2018, 06:14:41 AM

I think you can, we all know that top exchanges like binance, bithumb, okex and so on are the ones that dominate bitcoin transactions, it certainly makes them suspect of price manipulation, but I'm sure that price manipulation is certainly for profit.

No, bitcoin volatility is hard to control because its changes is certainly affected by people's activity on how they will do about buying and selling. Basically the changes of supply and demand of every coins is the reason of coins price volatility.

Tukang Becak

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I think you can, we all know that top exchanges like binance, bithumb, okex and so on are the ones that dominate bitcoin transactions, it certainly makes them suspect of price manipulation, but I'm sure that price manipulation is certainly for profit.

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