We would have to push for crypto as a currency, and we'd have to make the news for our acceptance and real life usage instead of price increases.
Topic: Can the volatility of Bitcoin be curbed? - page 3. (Read 589 times)
I do not think that the number of bitcoins "all coins mined" will make a big difference in stability, but perhaps the big whales can influence the price.
Volatility is a normal condition in currency moreover cryptocurrency space.
Yes, i know if central bank can make a pressure on the volatility the currency. But why we do that? for make anti-decentralized in bitcoin?
maybe the volatility is good for us right now, it's making us to strong, we have a lot of time to make Bitcoin better for all people and government. It’s just the time, you know if many Government right now doing to make regulation the cryptocurrency (Bitcoin), this is a way to go legal and so press the volatility.
Yes, i know if central bank can make a pressure on the volatility the currency. But why we do that? for make anti-decentralized in bitcoin?
maybe the volatility is good for us right now, it's making us to strong, we have a lot of time to make Bitcoin better for all people and government. It’s just the time, you know if many Government right now doing to make regulation the cryptocurrency (Bitcoin), this is a way to go legal and so press the volatility.
One major obstacle toward Bitcoin's acceptance by the mainstream is its extreme volatility. Effectively, this volatility means that Bitcoin is more a commodity than a currency.
That being the case, if, and that's a big 'IF', we wish to further the cause of Bitcoin as a currency with mainstream acceptance, there needs must be a mechanism in place to 'dampen' the volatility.
Central Banks stabilise their International fiat currencies through some exchange rate mechanism, that prevents excessive volatility. Can a similar mechanism operate for Bitcoin?
But, who will be in charge of a setup that is not just intentionally decentralised, it is explicitly anti-centralised?!
Are these just the design limitations of Bitcoin that we have to put up with; or can Bitcoin evolve?
That being the case, if, and that's a big 'IF', we wish to further the cause of Bitcoin as a currency with mainstream acceptance, there needs must be a mechanism in place to 'dampen' the volatility.
Central Banks stabilise their International fiat currencies through some exchange rate mechanism, that prevents excessive volatility. Can a similar mechanism operate for Bitcoin?
But, who will be in charge of a setup that is not just intentionally decentralised, it is explicitly anti-centralised?!
Are these just the design limitations of Bitcoin that we have to put up with; or can Bitcoin evolve?
it can't be becaise the volatily is driven by uncertainty and absence of a state that assures bitcoins value.
One major obstacle toward Bitcoin's acceptance by the mainstream is its extreme volatility. Effectively, this volatility means that Bitcoin is more a commodity than a currency.
That being the case, if, and that's a big 'IF', we wish to further the cause of Bitcoin as a currency with mainstream acceptance, there needs must be a mechanism in place to 'dampen' the volatility.
Central Banks stabilise their International fiat currencies through some exchange rate mechanism, that prevents excessive volatility. Can a similar mechanism operate for Bitcoin?
But, who will be in charge of a setup that is not just intentionally decentralised, it is explicitly anti-centralised?!
Are these just the design limitations of Bitcoin that we have to put up with; or can Bitcoin evolve?
Bitcoin is very volatile because it is not yet reach a massive adoption. Once it is already reach a massive adoption the price of bitcoin will stabilize. Volatility in currency is normal, you are just not use to it because we are born where the currency have a regulation in terms of currency volatility. But in old days volatility of currency is normal. That being the case, if, and that's a big 'IF', we wish to further the cause of Bitcoin as a currency with mainstream acceptance, there needs must be a mechanism in place to 'dampen' the volatility.
Central Banks stabilise their International fiat currencies through some exchange rate mechanism, that prevents excessive volatility. Can a similar mechanism operate for Bitcoin?
But, who will be in charge of a setup that is not just intentionally decentralised, it is explicitly anti-centralised?!
Are these just the design limitations of Bitcoin that we have to put up with; or can Bitcoin evolve?
Maybe it will not happen because the bitcoin will gradually overcome as the price in the market will still grow and it will be accepted. May un the coming years the BTC's price will be stable. Many will still used the BTC for it will help us for our daily needs.
For me, it is very difficult to curb the volatility of Bitcoin because when bitcoin reaches its potential market cap, the price will stabilise and be more in tune with other indices such as inflation.
To make it less fluctuate bitcoin need to be mass adopted and maybe bitcoin need only to be spend as currency, not as investment, the main reason of the high swing is because people do big buying or big selling at once and it disrupted the supply and demand, but as long as it is valuable people will always take profit from bitcoin
One major obstacle toward Bitcoin's acceptance by the mainstream is its extreme volatility. Effectively, this volatility means that Bitcoin is more a commodity than a currency.
That being the case, if, and that's a big 'IF', we wish to further the cause of Bitcoin as a currency with mainstream acceptance, there needs must be a mechanism in place to 'dampen' the volatility.
Central Banks stabilise their International fiat currencies through some exchange rate mechanism, that prevents excessive volatility. Can a similar mechanism operate for Bitcoin?
But, who will be in charge of a setup that is not just intentionally decentralised, it is explicitly anti-centralised?!
Are these just the design limitations of Bitcoin that we have to put up with; or can Bitcoin evolve?
That being the case, if, and that's a big 'IF', we wish to further the cause of Bitcoin as a currency with mainstream acceptance, there needs must be a mechanism in place to 'dampen' the volatility.
Central Banks stabilise their International fiat currencies through some exchange rate mechanism, that prevents excessive volatility. Can a similar mechanism operate for Bitcoin?
But, who will be in charge of a setup that is not just intentionally decentralised, it is explicitly anti-centralised?!
Are these just the design limitations of Bitcoin that we have to put up with; or can Bitcoin evolve?
I believe that Bitcoin’s volatility will decrease as it gains more acceptance. It is still a speculative investment for many people so it’s going to fluctuate as short term investors cash out to lock in gains. At some point, more investors will hold for the long term which will make the price more stable. Let’s remember that Bitcoin has only been around for about 10 years.
One major obstacle toward Bitcoin's acceptance by the mainstream is its extreme volatility. Effectively, this volatility means that Bitcoin is more a commodity than a currency.
That being the case, if, and that's a big 'IF', we wish to further the cause of Bitcoin as a currency with mainstream acceptance, there needs must be a mechanism in place to 'dampen' the volatility.
Central Banks stabilise their International fiat currencies through some exchange rate mechanism, that prevents excessive volatility. Can a similar mechanism operate for Bitcoin?
But, who will be in charge of a setup that is not just intentionally decentralised, it is explicitly anti-centralised?!
Are these just the design limitations of Bitcoin that we have to put up with; or can Bitcoin evolve?
That being the case, if, and that's a big 'IF', we wish to further the cause of Bitcoin as a currency with mainstream acceptance, there needs must be a mechanism in place to 'dampen' the volatility.
Central Banks stabilise their International fiat currencies through some exchange rate mechanism, that prevents excessive volatility. Can a similar mechanism operate for Bitcoin?
But, who will be in charge of a setup that is not just intentionally decentralised, it is explicitly anti-centralised?!
Are these just the design limitations of Bitcoin that we have to put up with; or can Bitcoin evolve?
I mean, I don't see a reason why bitcoin can't thrive while being volatile. Volatility is something subjective. You may perceive fiat as being stable, but in fact, in the long term, fiat currencies all inevitably go to zero.
And to me, I'd rather hold bitcoin, which may be volatile in the short run, than fiat.
It would be redundant to have bitcoin at all if there was a central bank manipulating the supply and demand of bitcoin, since that is what bitcoin is built to combat in the first place.
I think that as markets mature, and bitcoin's use as a method of payment between traders outweighs the speculative parts of it, it'll become naturally less volatile. That's that simple.
Cryptocurrency is a speculative market and that is the nature. Bitcoin is a volatile market and curbing it will be like going against the nature and fundamental of bitcoin. The volatility is what make profit in bitcoin market. For bitcoin to be stable will make it to lose one of its major characteristics.
While there is no way to limit the volatility of bitcoin. Apparently, there will not be such a mechanism. How it is possible to regulate supply and demand for bitcoin. if bitcoin does not have any centralized controls? Therefore, if bitcoin's volatility can not be reduced, then in the future the situation will deteriorate due to the possible increase in the rate of bitcoin. I think that if bitcoin rises very high in price, then its volatility will only increase, as the amplitude of its price fluctuations can and will increase. It can end badly for him.
yes it is possible to be curbed by implementing proper rules and policy of btc. Even it would be possible is all the countries accept bitcoin and make it legal in the world economy.
Bitcoin is sure evolving, but the volatility will sure take a while, as there is no regulation in the space,until there is a strict regulation the volatility is sure to be a for of limitation to BTC acceptance.
The volatility of bitcoin cannot be curbed due to its unregulated and decentralized nature of it.
I guess all is possible in our world, but will it be good for the bitcoin and the market itself!!?? this is the main question!
and I think the answer is a NO. No, the market will not tolerate this, cause flat market leaves no opportunity to earn money!
and I think the answer is a NO. No, the market will not tolerate this, cause flat market leaves no opportunity to earn money!
fiat markets curb the volatility by having huge amounts of funds on order lines made up of many traders per price point. and also the traders are not hoarding for weeks to make sudden 10-100% profits. but instead making daily/hourly minimal percent profits which actually add up to the same long term profit. but without the wait//risk.
if people started trading knowing that its less risky to wait for 50% spikes every few months.. but instead take 1% a day. they would still get their 50% evry few months, but will less risk, stress and without causing as much volatility required
if people started trading knowing that its less risky to wait for 50% spikes every few months.. but instead take 1% a day. they would still get their 50% evry few months, but will less risk, stress and without causing as much volatility required
One major obstacle toward Bitcoin's acceptance by the mainstream is its extreme volatility. Effectively, this volatility means that Bitcoin is more a commodity than a currency.
That being the case, if, and that's a big 'IF', we wish to further the cause of Bitcoin as a currency with mainstream acceptance, there needs must be a mechanism in place to 'dampen' the volatility.
Central Banks stabilise their International fiat currencies through some exchange rate mechanism, that prevents excessive volatility. Can a similar mechanism operate for Bitcoin?
But, who will be in charge of a setup that is not just intentionally decentralised, it is explicitly anti-centralised?!
Are these just the design limitations of Bitcoin that we have to put up with; or can Bitcoin evolve?
That being the case, if, and that's a big 'IF', we wish to further the cause of Bitcoin as a currency with mainstream acceptance, there needs must be a mechanism in place to 'dampen' the volatility.
Central Banks stabilise their International fiat currencies through some exchange rate mechanism, that prevents excessive volatility. Can a similar mechanism operate for Bitcoin?
But, who will be in charge of a setup that is not just intentionally decentralised, it is explicitly anti-centralised?!
Are these just the design limitations of Bitcoin that we have to put up with; or can Bitcoin evolve?
Honestly speaking, bitcoin volatility isn't something that I'm particularl concerned about at all. I hear people talking about bitcoin volatility as a really serious issue all the time, but personally, I've never had problems with bitcoin fluctuating in the short term.
All it means is that bitcoin is decentralized, and is a free floating currency independent from anything else - that's actually something positive from one perspective. Also, just because bitcoin is volatile in the short run doesn't mean that it's not a store of value over the long term, which it is, and is much better at than government issued currencies.
The introduction of a central entity to control volatility of BTC would make no sense whatsoever. Nor will it ever happen. Bitcoin's speculative volatility will drop as time goes on, and more people adopt bitcoin as a form of payment. It's that simple, really. And it's not even a problem at this stage to worry about.
volatility is definitely one of the obstacles in front of bitcoin for being adopted but I disagree with calling it the biggest one because this volatility can also mean you can have a bigger buying power as the time goes by. for example when you buy bitcoin at $1000 and in a year it goes to $8000 now you have 8 times the buying power than you had last year so you use it as a currency even spending the profit would be more than enough!
volatility has nothing to do with the design though. it is all about the adoption! it is a weird relationship actually. the more adoption will decrease the volatility but at the same time the current volatility is preventing the adoption. in any case the market needs to grow more for price to become more stable and also exchanges have to stop sucking so that they can grow more so a little dump doesn't cause a big drop!
volatility has nothing to do with the design though. it is all about the adoption! it is a weird relationship actually. the more adoption will decrease the volatility but at the same time the current volatility is preventing the adoption. in any case the market needs to grow more for price to become more stable and also exchanges have to stop sucking so that they can grow more so a little dump doesn't cause a big drop!
I believe that bitcoin's volatility can be reduced by regulating the crypto-currency sphere. However, I am against the fact that cryptos are regulated by the state. I believe that every participant in the crypto sphere should ensure its worthy development. Instead of waiting for governments to take action that hinders the development of digital currencies, the participants themselves must make efforts to create proper regulatory control over new innovative financial technologies.
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