On the market there are so many cryptos already that the price for some of them really seemed frozen. I have heard that some of huge exchanges are going to take away few coins from their lists due to unliqudity. Well, it's normal.
Tokens and ICO are the most coins that becomes frozen because there is not traders or the traders has left the specific coin. 
Topic: Could a coin price be locked in place? - page 4. (Read 873 times)
Exchanges can't set there own price. Lol. Bitcoin is unstable so it means it cannot be locked in a place but it can stay for a perio of time and change quickly. Why do prices fall? It is because of us users who sell, buy and trade that causes the proce to move.
I'm not talking about these supposed stablecoins like Tether, but normal coins. Let's say an agreement was made among all the major Bitcoin exchanges. Starting January 1, a Bitcoin is worth $5000 USD, plain and simple, and that's it. The price never goes higher or lower. A Bitcoin is $5000 today, tomorrow, next week, next month, etc. NOTHING changes it. Not a war, not the economy, not Trump getting re-elected (which he will, he's doing a great job), nothing.
I wonder if that could be done and what the effect would be.
One effect is that I wouldn't be buying BTC, because with no price volatility, how could I ever make a profit? But one good thing is that normal companies may be more inclined to use Bitcoin, since its price is now fixed and does not change.
The market forces is responsible for the price movement its dictates how the price moves i.e forces of demand and supply thus locking the price amount to not profitable for trading thus will lead to many exchanges closing down operations.I wonder if that could be done and what the effect would be.
One effect is that I wouldn't be buying BTC, because with no price volatility, how could I ever make a profit? But one good thing is that normal companies may be more inclined to use Bitcoin, since its price is now fixed and does not change.
I understand that the present state of bitcoin in term of the price is bearish however its does mean that its not trade-able you are worried that the price had not pump for a long time and your preference is to having a fixed or stable price without volatility which absolutely not feasible and is counterproductive.
More so fundamental news is another aspect that have high impact on price movement even in stock market eg brexit issues had really affect the price of GBP ie its very unstable now.
Why do you expect a crypto coin's price to be very stable. Don't you think this wont help either crypto's growth or the investor. But yes, to safeguard the assets earned in exchanges the stable coin can certainly help as like USDT. Crypto's nature is its price fluctuations and thats the reason we do see such a massive crypto market has given.
I'm not talking about these supposed stablecoins like Tether, but normal coins. Let's say an agreement was made among all the major Bitcoin exchanges. Starting January 1, a Bitcoin is worth $5000 USD, plain and simple, and that's it. The price never goes higher or lower. A Bitcoin is $5000 today, tomorrow, next week, next month, etc. NOTHING changes it. Not a war, not the economy, not Trump getting re-elected (which he will, he's doing a great job), nothing.
I wonder if that could be done and what the effect would be.
One effect is that I wouldn't be buying BTC, because with no price volatility, how could I ever make a profit? But one good thing is that normal companies may be more inclined to use Bitcoin, since its price is now fixed and does not change.
Someone can manipulate btge price in a short period of time but they can't stop it's volatility. No one has the control of the system, it's all dependent on the people's demand. Theres no ways it could be like a normal currency, but seeing how it grows I can like it's not going to die but go even higher in the future. So better store a lot of them in a secure wallet like Hodler and expect better future for it. I wonder if that could be done and what the effect would be.
One effect is that I wouldn't be buying BTC, because with no price volatility, how could I ever make a profit? But one good thing is that normal companies may be more inclined to use Bitcoin, since its price is now fixed and does not change.
What you trying to happen isn't impossible. We all know and are aware how Bitcoin price was always volatile. And for that manner, we cannot fix a certain price for it even someone wanted it eagerly. The Bitcoin is its independence from world governments, banks and corporations. Not one authority can interfere into BTC transactions, impose transaction fees or take people’s money away or even lock its price just like what you wanted. Moreover, the Bitcoin movement is extremely transparent - every single transaction is being stored in a massive distributed public ledger called the Blockchain. The price depends on its demand and supply. Its the matter of Bitcoin where the prices can only be change naturally. But on the otherhand, we cannot control the buy and sell of the Bitcoin, so locking up the price is very far to happen.
To this I will add that even if bitcoin was not decentralized what the op is proposing is called price controls and it has never worked, the price of something is always changing, you just need to look at the prices in your grocery store and you will see that as time passes the prices of products most of the time go up but they could also go down if there is a big supply of that particular product or if a new improved version of a product has appeared that makes the previous version not as good so this needs to be reflected on the prices of those products, if that is not the case we will begin to see distortions in the markets that some people may use to their advantage. 
I'm not talking about these supposed stablecoins like Tether, but normal coins. Let's say an agreement was made among all the major Bitcoin exchanges. Starting January 1, a Bitcoin is worth $5000 USD, plain and simple, and that's it. The price never goes higher or lower. A Bitcoin is $5000 today, tomorrow, next week, next month, etc. NOTHING changes it. Not a war, not the economy, not Trump getting re-elected (which he will, he's doing a great job), nothing.
I wonder if that could be done and what the effect would be.
One effect is that I wouldn't be buying BTC, because with no price volatility, how could I ever make a profit? But one good thing is that normal companies may be more inclined to use Bitcoin, since its price is now fixed and does not change.
Nah, no coin can get its price locked in place, they will always fluctuate, unless you're talking about USDT.I wonder if that could be done and what the effect would be.
One effect is that I wouldn't be buying BTC, because with no price volatility, how could I ever make a profit? But one good thing is that normal companies may be more inclined to use Bitcoin, since its price is now fixed and does not change.
But, I don't really know much about those cause I never made use of them. I make use of Luno wallet and it's pretty good cause I'm always able to convert my coins to fiat at anytime and can also convert it back to cryptocurrency quickly.
It's really cool to have a wallet that can do that, cause it saves me a lot of times. Luno is not the only wallet that does that, there are many others too, but Luno is what I make use of.
This is one of the big issues for people when they transact in bitcoin. What happens if someone has to a return an item and bitcoin price has changed 20%. you need to establish if repayment will be in fiat amount or the same bitcoin amount. Some people use this to their advantage and take whatever has greater value.
This is the reason why Bitcoin isnt really accepted by most merchants when we do apply it on traditional businesses.Due to volatility,it would always be the issue and i cant really see the possibility of locking its price into its recent place.We know the properties of Bitcoin and all of crypto tokens/coins in the market which
had always been volatile.
This is one of the big issues for people when they transact in bitcoin. What happens if someone has to a return an item and bitcoin price has changed 20%. you need to establish if repayment will be in fiat amount or the same bitcoin amount. Some people use this to their advantage and take whatever has greater value.
On the market there are so many cryptos already that the price for some of them really seemed frozen. I have heard that some of huge exchanges are going to take away few coins from their lists due to unliqudity. Well, it's normal.
Volatility is one of the key features of Bitcoin and that can't be changed. You can't freeze the price and keep the wanted value. Although sometimes looks like the price is standing still this is only temporary and even slight ones, fluctuations are always present. So you can't interfere in Bitcoin price in the way you want to and influence the market. Having in mind what kind of ideas people have, they really lack some basic knowledge about Bitcoin.
What you trying to happen isn't impossible. We all know and are aware how Bitcoin price was always volatile. And for that manner, we cannot fix a certain price for it even someone wanted it eagerly. The Bitcoin is its independence from world governments, banks and corporations. Not one authority can interfere into BTC transactions, impose transaction fees or take people’s money away or even lock its price just like what you wanted. Moreover, the Bitcoin movement is extremely transparent - every single transaction is being stored in a massive distributed public ledger called the Blockchain. The price depends on its demand and supply. Its the matter of Bitcoin where the prices can only be change naturally. But on the otherhand, we cannot control the buy and sell of the Bitcoin, so locking up the price is very far to happen.
Many people are investing in bitcoin not for the purpose of using the technology it has but to earn huge profit once its value increase over time just like what happened in past 10 years so if the price will be stable and cannot increase even the demand is high no one will buy bitcoin, your idea in not totally possible.
The rise and fall of bitcoin prices are full controlled, by the market or the people who use it meaning that bitcoin moves independently without being supported by banks or the government, besides that bitcoin also has a limited supply of 21 million coins and is created based on a deflationary model. With this number limited, of course there are distinct benefits for the growth of bitcoin prices because at any time the price of bitcoin can grow, of course it will continue to grow.
In essence bitcoin cannot be pegged and determined by certain parties with something else, whether by the government or even the big pope, because the price of bitcoin's entirely in the market.
In essence bitcoin cannot be pegged and determined by certain parties with something else, whether by the government or even the big pope, because the price of bitcoin's entirely in the market.
I'm not talking about these supposed stablecoins like Tether, but normal coins. Let's say an agreement was made among all the major Bitcoin exchanges. Starting January 1, a Bitcoin is worth $5000 USD, plain and simple, and that's it. The price never goes higher or lower. A Bitcoin is $5000 today, tomorrow, next week, next month, etc. NOTHING changes it. Not a war, not the economy, not Trump getting re-elected (which he will, he's doing a great job), nothing.
I wonder if that could be done and what the effect would be.
One effect is that I wouldn't be buying BTC, because with no price volatility, how could I ever make a profit? But one good thing is that normal companies may be more inclined to use Bitcoin, since its price is now fixed and does not change.
You say fantastic things))) the Market is there to trade,this is the difference between supply and demand. What will happen with the other crypto-currencies and tokens?For a long time bitcoin is not the only cryptocurrency that is used in purchases and mobile applications. I wonder if that could be done and what the effect would be.
One effect is that I wouldn't be buying BTC, because with no price volatility, how could I ever make a profit? But one good thing is that normal companies may be more inclined to use Bitcoin, since its price is now fixed and does not change.
No, the exchanges don't set the price, it is the whole demand and supply that affects it, which they are not in control of. Now, if you want them to manipulate their own market, it still not enough since they can't force people to buy and not everyone would join knowing they can be sued for it.
I can't really see how bitcoin would be stable when nothing backs the price 乁( ͡ಠ ʖ̯ ͡ಠ)ㄏ. If ever it happens tho, I think it'll be easier for big companies to trust cryptocoins.
.I can't really see how bitcoin would be stable when nothing backs the price 乁( ͡ಠ ʖ̯ ͡ಠ)ㄏ. If ever it happens tho, I think it'll be easier for big companies to trust cryptocoins.
I don't know how exchanges run but can they technically do what OP was suggesting tho? And how long until users would be able to find out that the prices has been manipulated?
No one cannot be able to manipulate the price unless they bit volume of bitcoin or ethereum. Actually few weeks market volume has increased big in the marketplace.
If he wants locked coin then he should pick the stable coins available in the market they should not wait decentralised coins to do such things before that it is not possible first.
No, the exchanges don't set the price, it is the whole demand and supply that affects it, which they are not in control of. Now, if you want them to manipulate their own market, it still not enough since they can't force people to buy and not everyone would join knowing they can be sued for it.
I can't really see how bitcoin would be stable when nothing backs the price 乁( ͡ಠ ʖ̯ ͡ಠ)ㄏ. If ever it happens tho, I think it'll be easier for big companies to trust cryptocoins.
.I can't really see how bitcoin would be stable when nothing backs the price 乁( ͡ಠ ʖ̯ ͡ಠ)ㄏ. If ever it happens tho, I think it'll be easier for big companies to trust cryptocoins.
I don't know how exchanges run but can they technically do what OP was suggesting tho? And how long until users would be able to find out that the prices has been manipulated?
So making bitcoin a stable coin will decrease adoption.
The possibility is zero sure because it can't be controlled like fiat. Other countries and stable coins can be controlled but bitcoin is decentralized, independent and anonymous in every aspect.
It actually we don't need to have a stable coin or not see any price fluctuation cause this is only to prove that crypto is still alive. In the event that some coins prices where lock due to of being centralized coins just like of some companies created their own utility coin but it only few of them mostly are decentralized which we can see price movements all the time.
I'm not talking about these supposed stablecoins like Tether, but normal coins. Let's say an agreement was made among all the major Bitcoin exchanges. Starting January 1, a Bitcoin is worth $5000 USD, plain and simple, and that's it. The price never goes higher or lower. A Bitcoin is $5000 today, tomorrow, next week, next month, etc. NOTHING changes it. Not a war, not the economy, not Trump getting re-elected (which he will, he's doing a great job), nothing.
I wonder if that could be done and what the effect would be.
One effect is that I wouldn't be buying BTC, because with no price volatility, how could I ever make a profit? But one good thing is that normal companies may be more inclined to use Bitcoin, since its price is now fixed and does not change.
I wonder if that could be done and what the effect would be.
One effect is that I wouldn't be buying BTC, because with no price volatility, how could I ever make a profit? But one good thing is that normal companies may be more inclined to use Bitcoin, since its price is now fixed and does not change.
Then what would make difference between fiats and cryto currencies. Fluctuation is its natural character which is the main reason for crypto market's strength. It has reduced enormous issues faced because of banking system and its protection on the customer's assets. Blockchain has been crypto's backbone to achieve success to this level.
So making bitcoin a stable coin will decrease adoption.
The possibility is zero sure because it can't be controlled like fiat. Other countries and stable coins can be controlled but bitcoin is decentralized, independent and anonymous in every aspect.
It's actually a nice idea if implemented.
But I know that the implementation of it in the Cryptocurrency space will be a turn off to investors, institutional investors even individuals ,which will inadvertently decrease the adoption rate of Cryptocurrency.
Majority of investors that are into crypto are actually here for the purpose of maximizing profit.
So making bitcoin a stable coin will decrease adoption.
But I know that the implementation of it in the Cryptocurrency space will be a turn off to investors, institutional investors even individuals ,which will inadvertently decrease the adoption rate of Cryptocurrency.
Majority of investors that are into crypto are actually here for the purpose of maximizing profit.
So making bitcoin a stable coin will decrease adoption.
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