Do you believe that bitcoin will have a stable price in the future?

yohananaomi

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Quote from: Maloti on May 27, 2020, 09:54:42 AM

I believe bitcoin price near future go very high price then need more time btc price up just hold guys. Today bitcoin price some up I believe next year btc price touch $20k up

Your belief is the same as what I think, that usually after halving bitcoin will move up to its peak but it will take a year to reach it, so it is certain that next year it will happen. now bitcoin will experience instability by moving and rising repeatedly to gain momentum to move slowly until next year reaching the highest point maybe even more than in 2017.

josgandosbro

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until whenever bitcoin will never be stable because it has many factors one of which is the absence of legal rules or laws governing bitcoin besides that there is also a lot of manipulation of whales that have taken control of the market, bitcoin can become more expensive and can dump even if it's not too far away

Kong Hey Pakboy

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Quote from: BlackHatCoiner on May 27, 2020, 09:45:17 AM

Do you? I believe yes, after some years, if more people get into bitcoin, the price will stop somewhere and it will change slowly.

I think it's impossible for bitcoin to have a stable price due to it's volatility bitcoin will still have an unpredictable movements to it's price whether it is up or down. That is why even more people will engage in bitcoin it is not possible for bitcoin to have a stable price.

Krucifer

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Quote from: Romeotom on June 01, 2020, 01:11:42 PM

Nor, even i am bitcoin lover but i don't believe bitcoin price stable in the future because we are knows this is a unstable coin. Otherwise you said the investors eara increase more in the future but remember many old people will leave. So be awareness thinking take hold and got future profits without future history.

Maybe OP is talking about slow and steady growth (without huge dumps and volatility) instead of stable price "fixed" at one position?

Romeotom

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Nor, even i am bitcoin lover but i don't believe bitcoin price stable in the future because we are knows this is a unstable coin. Otherwise you said the investors eara increase more in the future but remember many old people will leave. So be awareness thinking take hold and got future profits without future history.

TheGreatPython

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We are moving a future we can't even comprehend right now. Think of all the people who are over 70 years old right now, they have seen so many developments in the world during their life time that it literally moved from cars not being everywhere in the world to us sending people to ISS with a private company levels. That is just one thing, so many things have developed, especially in health industry we can keep people alive a lot better.

So, that means someone who born in 2020 will live to 2090 to be 70 years old, and then some to be over 70, and god knows what they will see, that is going to be even faster development than right now because its exponential. So, could we see bitcoin stable? Sure why not, it us a possibility, I hope it doesn't happen but by 50 years time we may even have something much better than bitcoin.

Nitt371

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I think bitcoin is unlikely to be stable. Bitcoin price depends on a huge number of factors.
When everyone switches to electronic money and all people will use bitcoins (or crypto) for regular purchases, in my opinion, bitcoin will continue to grow and will not remain stable.

coinfinger

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There are more than one factor influencing in finalizing the price of bitcoins hence we cannot assume all of them will get saturated to make bitcoin prices stable. The only measurebale thing among them is supply of bitcoin which may get over in next 120 years approximately. Other than the fixed supply of bitcoins, other factors are beyond mathematical calculations hence we cannot speculate when bitcoin may have stable prices.

Stable price may happen by end of next century by considering few factors:

World population may stabilize even in underdeveloped and developing countries which will impact on demand of bitcoins.
People may start using bitcoins rather than focusing on saving it which will end up in diluting demands.
Other factors which we need to assume to get stabilize for making bitcoin prices stable:
- World wide literate level.
- Level of reach of internet.
- Convenience of using e-payments.
- Government's stand on cryptos and its regulation.

Kelvinid

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win lambo...

Nope, I was still expecting the same situation, market volatility, and the ups and downs.
Maybe we could say that more people and establishments are accepting this technology but thinking whales and market manipulation, it quite never to see a stable market price but rather to still see the volatility itself.

Well, I know it was important to have that stability and could it give a reason for us to recommend Bitcoin as a currency to use globally instead of having FIAT money. But I was thinking the behavior of the market will seem to be more difficult in the future if the government will never give full support on this.

Ziskinberg

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Here's what I think in the future.

Bitcoin will gain massive adoption, then it will make the price stable,... this is just my vision or my expectation, but it's not guaranteed since these big investors have already accumulated a huge number of bitcoin that would make them more powerful in terms of control in the future.

It could be less volatile but not stable I guess.. what if satoshi will dump, how would it result the market?

Oceat

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I don't think having a stable coin will benefit us in the future it is only volatile because people keep in trading to take some advantage. And also, I don't think if people keep holding Bitcoin would make Bitcoin to become a stable coin. We just have to accept the fact already that Bitcoin is essential to our daily needs in the future. Having a stable coins would not benefit us from trading since it is being controlled and you know who can benefit it after all, just look at the XRP.

Chrystora123

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Omicron is another FUD

conditions for a currency to be stable, the currency must be controlled, circulation and market demand is set in such a way.. real examples are Pounds, Euros, and USD. in this modern era, these 3 currencies are the strongest in the world and are very stable compared to other countries' currencies, this happens because the circulation and demand are set in such a way..

my question is whether Bitcoin can be set? demand and circulation can be changed? the answer is 100% no, so don't ever cross your mind that the price of Bitcoin will be stable in the future, we already have our own stable coins namely USDT and the like..

Quote from: Febo on May 29, 2020, 05:09:08 AM

Gold is very stable. In Roman times you were able to buy a armour with one ounce of gold. In beginning of 20 century you were able to buy a business suit with ounce of gold. Today you can buy a designers clothes with an ounce of gold. It simply cant get more stable then gold.

Going back to a long time ago, I remembered a currency named dinar and dirham (gold/silver).. the past and present are different, many people say that gold and silver are stable, my question is whether the price of gold 20 years ago now is the same? Can gold demand and circulation be managed? gold and silver are decentralized, both of which can experience price explosions if there are high demand and sales..

transactions that happened in ancient times are a belief system, you believe that a set of armor worth 1 ounce of gold can even make a price at will, while currently there are regulations, you cannot raise prices at will..

bitgolden

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Hopefully not, one of the best features of bitcoin is not being stable. If the price stabilizes that means it will also devalue as well. Let's say it gets stuck at 10 thousand dollars, that is fine for now but in 10-20 or even 30 years later 10 thousand dollars will not be able to buy you the same things it buys right now.

Even though we feel like money doesn't worth as much as it used to worth back in the day, the fact is it is still worth more than what it will worth in the future as well. So if the price gets stuck, that means bitcoin will be same price but less value in the long term. Hence why it is great that it moves up and down, it shows how much people value bitcoin but it also shows how much they value dollar as well, which one they prefer at which moment is very crucial in bitcoin world.

whyrqa

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In any case, the state of the cryptocurrency market, and in particular the price of Bitcoin, depends on short-term and long-term factors, which are currently unchanged. First of all, the Bitcoin exchange rate reacts very strongly to the actions of large investors, especially institutional ones, because in recent years, the blockchain as a whole has been introduced into the work of various large companies, including cryptocurrency accepted as such. Based on this, the demand for cryptocurrency will only rise, and if we talk specifically about bitcoin, then its demand will grow, which will increase demand in the cryptocurrency market and, accordingly, will increase its price. Of course, such a factor as the trade war between the USA and China also has a very strong influence on cryptocurrencies, and apparently that’s why the Chinese government is beginning to let companies use blockchain and cryptocurrencies to reach a new level of development and support for their economy. Explaining this in simple words, it is safe to say that Bitcoin will be in demand not only in society, but also in large business, and this guarantees its high value with a certain degree of stability.

Slow death

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I think that in the future when the market is very large it will be more difficult for whales to be able to manipulate the market very easily and with that we will see little volatility and when I speak of little volatility I am talking about things like price increases or falls of $1000in just few hours. things like these make people afraid and then we have panic sales.

Quote from: solomine on May 28, 2020, 06:42:48 AM

Definitely not.
It always will be the field for whales games

true, but at least whales will not be able to manipulate exaggeratedly as we have seen

FanEagle

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Bitcoin can't be stable because it is not regulated. There is no reason or a legal way for it to stable the price which means if you want to sell as much as you can afford to sell you can, and that means as long as people are free to do whatever they want, they will be doing it at the moment you least expect and price will move a lot.

Additionally, it is not tied to any nation, we do give USA a lot of credit but in the end even USA is not backing up bitcoin, it has no nation, it is a global and for all people type of currency and that is why it can't be manipulated in any way. Hopefully it will continue to be volatile and change a lot because that is what makes bitcoin what it is, without that there is no way people could make any sort of profit from trading within ups and downs and find it interesting.

CryptopreneurBrainboss

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Quote from: BlackHatCoiner on May 27, 2020, 09:45:17 AM

Do you? I believe yes, after some years, if more people get into bitcoin, the price will stop somewhere and it will change slowly.

If by stable, you meant like the fiat then obviously No but if the stable you meant is related to the reduction in the volatility of the price of bitcoin then I'll say yes, as there's every possiblity of bitcoin achieving that. If you have noticed in some months bitcoin tends to act stable in some manner by moving in a close price range until previous times when the volatility tends to increase.

Bitcoin is currently been undervalued, for an asset with just a supply of 21million and a world population of billions couple with the number of millionaires available, it's just a matter of time before the real worth of bitcoin is uncovered as there won't be enough bitcoin to go round when it finally get the stamp of a safe heaven for Investors.

shoreno

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Quote from: Paycoinzzz on May 29, 2020, 11:45:29 PM

Quote from: BlackHatCoiner on May 27, 2020, 09:45:17 AM

Do you? I believe yes, after some years, if more people get into bitcoin, the price will stop somewhere and it will change slowly.

I don't think that will happen. Stablecoins are something bitcoin has never been aiming for. if in the future it becomes a stablecoin, it is then dead because there is no need to buy nor sell. Since its creation, Satoshi has not directed it to be a stable coin for making payments worldwide. It was created as the main tool to manipulate this entire crypto market. so it will never be a stable coin forever.

oh really he said that ? but if that was true why i still see people using btc to buy something . if bitcoin becomes stable it doesnt died because it do still have a value . there will be people buy btc after it because like i said earlier some people use btc for shopping . i dont know what future lies on btc but id be more comfortable when it will become stable so that i will not be able to convert my btc to fiat due to the fees . instead ill just hang them on my wallet and use them for buying if i wanted too

Paycoinzzz

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Quote from: BlackHatCoiner on May 27, 2020, 09:45:17 AM

Do you? I believe yes, after some years, if more people get into bitcoin, the price will stop somewhere and it will change slowly.

I don't think that will happen. Stablecoins are something bitcoin has never been aiming for. if in the future it becomes a stablecoin, it is then dead because there is no need to buy nor sell. Since its creation, Satoshi has not directed it to be a stable coin for making payments worldwide. It was created as the main tool to manipulate this entire crypto market. so it will never be a stable coin forever.

STT

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Quote from: pixie85 on May 28, 2020, 04:48:39 PM

It always will be the field for whales games

Every market has whales, Dollar especially has the government which causes waves in every other market related and used by dollar which is all of them. The related issue is how big is that market such as BTC and how distributed is it. The price given on any day just reflects that particular time and available supply and demand on exchanges, it doesnt mean its totally accurate for peer to peer and other storage of BTC, all the many websites which store it such as gambling and so on. We never have a perfectly accurate picture of the price and that is similar to what I've heard of even large stock markets, Mr. Market just gives you a price for that day.

Whales dont control BTC, theres influence from many directions but of all crypto possible BTC has the widest distribution across populations.

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