Topic: Can Bitcoin Volatility Be Controlled? - page 7. (Read 12118 times)
I think that bitcoin volatility can't be controlled because nobody have enough hashing power or money to start doing something with market nowadays.
You’ve probably heard it many times if you frequently spread the good word about crypto. “Isn’t Bitcoin volatile? What if the price crashes?” By now, many POS systems offer free fiat conversion, alleviating some concern, but until the volatility of cryptocurrencies is addressed, most people will be unwilling to hold any. We need to find a way to fight the volatility that is inherent in Bitcoin. This doesn’t necessarily mean Bitcoin has to change; many people prefer to use a deflationary currency, especially those who like to save. Despite the skepticism of many altcoin critics, a currency can be better suited for some applications than others. Financial privacy, for example, is great for political activists, but more problematic when it comes to political campaign finance. We need a stable cryptocurrency designed for use in commerce; unless you’re living paycheck to paycheck, this would be held as only a fraction of your wealth, the rest reserved as other coins like bitcoins.
Financial institutes and banks definitely control it.
We cannot control bitcoin's volatility. Fluctiations happen due to its changes on the supply and demand which is affected by many extenal factors such as panic selling, and that's normal. Volatility is not always bad anyway. Most of the time, traders and investors use this as their guide to become not too comfortable about bitcoin's price.
if fluctuations occur due to demand and supply, certainly people who have many bitcoins can manipulate it? for example when he has millions of bitcoins in his wallet, he can certainly sell a lot of bitcoin and then demand will decrease because the supply is too big and it will make volatile price changes ? it means the fluctuations can be manipulated?
We cannot control bitcoin's volatility. Fluctiations happen due to its changes on the supply and demand which is affected by many extenal factors such as panic selling, and that's normal. Volatility is not always bad anyway. Most of the time, traders and investors use this as their guide to become not too comfortable about bitcoin's price.
if fluctuations occur due to demand and supply, certainly people who have many bitcoins can manipulate it? for example when he has millions of bitcoins in his wallet, he can certainly sell a lot of bitcoin and then demand will decrease because the supply is too big and it will make volatile price changes ? it means the fluctuations can be manipulated?
Since bitcoin is volatile in nature I bet it cannot be controlled. Bitcoins value is changing from time to time because of investors from around the world that some will sell and some will invest at the same time, so it makes bitcoin volatile.
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?
For me, the volatility of the bitcoin can be controlled. Do you know what is happening to the cryptocurrency market nowadays? Most of the whales are now manipulating the cryptocurrency market.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 volatility cannot be controlled nowadays. Although Many people are already using bitcoin. Still price goes to the process of fluctation. Price isnt stabilized as well. It will always go to the process of changing high and low in the market.
We cannot control bitcoin's volatility. Fluctiations happen due to its changes on the supply and demand which is affected by many extenal factors such as panic selling, and that's normal. Volatility is not always bad anyway. Most of the time, traders and investors use this as their guide to become not too comfortable about bitcoin's price.
Although some would look at volatility of bitcoin in a negative way, its actually positive. With volatility bitcoin becomes a valuable asset. You see, bad news relesed after a bad news that affected the value of bitcoin made the price dump even more. That's how its controlled. People exchanged a huge amount of bitcoin that affected the law of supply and demand. These are mostly the controlling factors of bitcoin. So i should say, yes. It can sometimes be controlled, but not totally.
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.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?
To control bitcoin volatility is seems imposible , but who knows how it will be in future.
Usually a currency is controlled by a central bank, that - with some limits - can keep its value in a reasonable range.
With bitcoin this is not possible, because nobody has the control of the blockchain.
So, the governments try to control its value with political declaration, and - as you can see - they have good results.
With bitcoin this is not possible, because nobody has the control of the blockchain.
So, the governments try to control its value with political declaration, and - as you can see - they have good results.
Right now, bitcoin's volatility is still unpredictable and hard to anticipate. As for it being controlable, it would be still hard to tell for now since nobody could even predict it in the first place...
I think bitcoin is not volatile, but it’s price increases and decreases with the time. We all think of bitcoin as more volatile and the reason is that the price of bitcoin is very high. Now currently the price of the bitcoin is around $10k, so this means that if 1% of the value has increased or decreased it is more than $100, where the third highly invested currency is ripple which is not worth $1 right now. So comparing it with others, it is very very less volatile.
The price movement of Bitcoins cannot be predicted. Market manipulation is a very big issue here. A recent report in Bloomberg revealed that a group of 1000 investors own 40 percent of all Bitcoin. These "whales"—investors, hedge funds engaged in "painting the tape" (creating the appearance of high transaction volume by simply selling and re-selling back-and-forth on small margins) to inflate the value of Bitcoin. Why? So that they could sell off at the highest possible price. This raises the possibility of a cartel you cannot beat. It is very difficult for small investors (like most of us here) holding only a few Bitcoins to combat such volatility.
Regarding shops not accepting bitcoin due to volatility, I think that's not the case. Whatever the price of bitcoin is currently, it doesn't matter to the shop since with bitcoin payment systems, they convert your BTC to currency before they accept it. So basically, they still get the exact amount. Maybe the reason is that they don't want to gamble accepting another mode of payment not fully adopted by others. Which is a paradox in itself since if their reasons are the same then it won't get adopted at all.
It can be done. As you notice, price varies all the time. It is because the law of supply and demand applies to its price. Buying and Selling Bitcoin affects the price. So in order for it to stabilize its price, then the selling part should be avoided if possible.
In my point of view volatility of bitcoin is uncontrollable. It will change from time to time because it would depend with the investors. Being volatility will give a chance to investor to buy it in a low price. Then gain a double profit. Thats the good thing with it.
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?
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 valatility cannot be controlled because it is a part of it. It is also a good thing for bitcoin because people could afford to buy bitcoin when the price is low and they could make profit when the price goes up. It has disadvantage and advantages but the main thing is, bitcoin cannot be stable its price.
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?
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 gives life to bitcoins, when the price stabilizes there is not much of a room for people who would want to invest on bitcoins. Thus it could become a bit stable and would be less profitable. The mining of bitcoins is paid high, since the supply is getting low, the harder it will be mined and the lesser will the profit be.
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?
For me, the volatility of the bitcoin can be controlled. Do you know what is happening to the cryptocurrency market nowadays? Most of the whales are now manipulating the cryptocurrency market.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?
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