Topic: Did we get what we asked for - less Bitcoin volatility? - page 5. (Read 765 times)
Bitcoin volatility is at its lowest level in the last 17 months. The reason is the lack of important news and low trading volumes. Some investors even believe that this is evidence of the "formation" of the cryptomarket. However, the debate about the impact of Bitcoin stability on its future is still ongoing.
Volatility is a risk. Some risky things are good. The problem comes when there is too much volatility or risk regarding their desired use. People have different uses for bitcoins. Many start with a valuable store or new transaction method as the most popular. If price volatility is too high, it is difficult to perform one of these actions.
Less volatility is the better outcome really.
The ideal situation is a rise in value with minimal volatility, thats a long term
outlook but there are those who dont want a "long term" outlook. I would
imagine traders would be less enthusiastic with low volatility.
The ideal situation is a rise in value with minimal volatility, thats a long term
outlook but there are those who dont want a "long term" outlook. I would
imagine traders would be less enthusiastic with low volatility.
Bitcoin continues the monthly upward movement, the cardiogram of the heart is leveling, the volatility is critically low as well as the volume of trading.
Probably soon we will see a move to either 6.2K or 7.2K.
Probably soon we will see a move to either 6.2K or 7.2K.
This won't last. Usually such low volume periods are calm before the storm. Also, if you draw a downtrend and support lines on the chart you'll see that these two lines cross in the beginning of November. From experience I know that a move always happens before the cross. People never wait until the last moment so you can expect manipulation attempts and eventually a breakout within the next 3 weeks.
Also, a consolidation period is always a time of low volatility, so this should be good news for those who await a reversal.
Also, a consolidation period is always a time of low volatility, so this should be good news for those who await a reversal.
I also think the Bakkt thing is going to spark a new interest in Bitcoin and the injection of institutional capital are going to
cause a lot more volatility in the near future. In any way, most merchants started to shift to the use of payment processors,
so the volatility is not a issue for them anymore.
Bitcoin is never boring, even when it takes a breather to correct a major bubble.
Do you remember the times when Bitcoin prices were all over the place and price swings of $300 to $500 in any direction was
normal. Well, back then, everyone were moaning and complaining about the high volatility and how this negatively
impacted the merchants and using Bitcoin as a payment option.
How things have changed in a matter of 1 to 2 years is astonishing, because now people are complaining about the lack of
volatility and how boring Bitcoin has become.
Do we know what we want or are we divided in our goals, since more speculators have entered the Bitcoin scene in 2017.
Let's discuss.
normal.
Well, back then, everyone were moaning and complaining about the high volatility and how this negatively impacted the merchants and using Bitcoin as a payment option.
How things have changed in a matter of 1 to 2 years is astonishing, because now people are complaining about the lack of
volatility and how boring Bitcoin has become.
Do we know what we want or are we divided in our goals, since more speculators have entered the Bitcoin scene in 2017.
Let's discuss.
Pointed very accurately!! The group of people complaining about less volatility are speculators who trade on cryptos and leveraged the volatility aspect of it. But I see no harm in it because speculators are also an integral part of the eco system. Without them, the crypto market have never experienced such momentum.
But I personally think that stability will do more good in longer term. Less volatility will lead the sustainable growth for the future where increased adoption rate will fuel the growth!
Even though the main roadblock for sustainable growth is the unclear legal framework. But having a stable price will make a lot if merchants interested in accepting cryptos as a method of payment.
Lower volatility is good for everyone. There is really no reason to complain about lower volatility. A real trader would just increase their leverage.
Consider fiat currency trading. A forex trader makes (or loses) money when the value of a currency changes by $0.0001.
Consider fiat currency trading. A forex trader makes (or loses) money when the value of a currency changes by $0.0001.
In my view people complaining about high volatility because they fear sometimes bitcoin price dropped almost a half from initial price and they do not want to lost their money but very different when volatility happened when bitcoin price jumping rapidly last year that they were looks happy with those volatility because most of us have already get decent profit during that time and they expect bitcoin price continue to rise up again without down which is this is impossible
This won't last. Usually such low volume periods are calm before the storm. Also, if you draw a downtrend and support lines on the chart you'll see that these two lines cross in the beginning of November. From experience I know that a move always happens before the cross. People never wait until the last moment so you can expect manipulation attempts and eventually a breakout within the next 3 weeks.
Also, a consolidation period is always a time of low volatility, so this should be good news for those who await a reversal.
Also, a consolidation period is always a time of low volatility, so this should be good news for those who await a reversal.
Different people use Bitcoins for different purposes. In high volatility, one part is happy and in low volatility, other part is happy. In both causes, unhappy part is moaning...
In Bitcoin's case, people advocating for Bitcoin to be a currency, wants the price to be stable and the people using it for trading
wants it to be volatile, because they make the most profits with a very volatile price. The question I posed is actually twofold,
because a definite shift has happened since the speculators has entered the market. In my opinion, more people want Bitcoin
to be more volatile, because they want to increase their profits.
Do you remember the times when Bitcoin prices were all over the place and price swings of $300 to $500 in any direction was
normal. Well, back then, everyone were moaning and complaining about the high volatility and how this negatively
impacted the merchants and using Bitcoin as a payment option.
How things have changed in a matter of 1 to 2 years is astonishing, because now people are complaining about the lack of
volatility and how boring Bitcoin has become.
Do we know what we want or are we divided in our goals, since more speculators have entered the Bitcoin scene in 2017.
Let's discuss.
normal.
Well, back then, everyone were moaning and complaining about the high volatility and how this negatively impacted the merchants and using Bitcoin as a payment option.
How things have changed in a matter of 1 to 2 years is astonishing, because now people are complaining about the lack of
volatility and how boring Bitcoin has become.
Do we know what we want or are we divided in our goals, since more speculators have entered the Bitcoin scene in 2017.
Let's discuss.
I don't think we have less Bitcoin volatility, let's see the graph from January to today:
The variance still there, but now isn't between $300 and $500, now we are playing with bigger numbers, this way i think the risk is bigger because because the floor is far away and if wehit it would mean a really dam crash, would be really disgusting for those ones to buy at $15k to see bitcoin going down to $500. And it could happen, i'm sure lot of us will be really happy if it happens but whould be a pain in the ass for those ones who buy at those crazy big prices.
volatility will keep doing his thing, bitcoin will not stay calm, at end that's how it rolls.
Exactly my thought some days ago, OP. I was wondering if those "crying babies" now have their profits since the volatility of bitcoin has been caged. This present scenario points to that saying, "Be careful what you wish." They have their wish of steady btc price with or without volatility but are they truly happy now?
Lol yeah there's hardly any movement right and this is probably a preview of how btc will be when it get's mre transactional. For the mean time, do i think it will stay this way? Probably not. It's still too early for bitcoin to be stagnant for good though i think those that got stuck above the 10k level are happy with this stability.
Exactly my thought some days ago, OP. I was wondering if those "crying babies" now have their profits since the volatility of bitcoin has been caged. This present scenario points to that saying, "Be careful what you wish." They have their wish of steady btc price with or without volatility but are they truly happy now?
Different people use Bitcoins for different purposes. In high volatility, one part is happy and in low volatility, other part is happy. In both causes, unhappy part is moaning...
haha, there is always going to be a group of people that are not satisfied with things everywhere you look and in every community. in bitcoin things are the same. when price is volatile people complain, when it is stable they complain again. when it is rising they bitch about how they wish it was lower so they could buy, when it drops they cry about why it is dropping and not rising....
it is a never ending whine in my opinion. of course sometimes there is some merits to it too but usually it is just that whining because they didn't meet their dreams with bitcoin.
it is a never ending whine in my opinion. of course sometimes there is some merits to it too but usually it is just that whining because they didn't meet their dreams with bitcoin.
There might be divided opinions, but I think a more stable coin favours most.
I'm still fairly new to bitcoin and have enjoyed the sustained stability of recent months. It shows bitcoin as an asset is maturing and would no longer be referred to as a pump and dump scheme.
It is also less subsceptible to price manipulations. This encourages investors to hodl.
Those looking for excitement can try alts.
I'm still fairly new to bitcoin and have enjoyed the sustained stability of recent months. It shows bitcoin as an asset is maturing and would no longer be referred to as a pump and dump scheme.
It is also less subsceptible to price manipulations. This encourages investors to hodl.
Those looking for excitement can try alts.
Do you remember the times when Bitcoin prices were all over the place and price swings of $300 to $500 in any direction was
normal. Well, back then, everyone were moaning and complaining about the high volatility and how this negatively
impacted the merchants and using Bitcoin as a payment option.
How things have changed in a matter of 1 to 2 years is astonishing, because now people are complaining about the lack of
volatility and how boring Bitcoin has become.
Do we know what we want or are we divided in our goals, since more speculators have entered the Bitcoin scene in 2017.
Let's discuss.
normal.
Well, back then, everyone were moaning and complaining about the high volatility and how this negatively impacted the merchants and using Bitcoin as a payment option.
How things have changed in a matter of 1 to 2 years is astonishing, because now people are complaining about the lack of
volatility and how boring Bitcoin has become.
Do we know what we want or are we divided in our goals, since more speculators have entered the Bitcoin scene in 2017.
Let's discuss.
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