Do you believe that bitcoin will have a stable price in the future? - page 3.

giammangiato

legendary

Activity: 1862

Merit: 1327

Quote from: lillobo on May 28, 2020, 12:52:17 AM

Who can talk about the future Huh

In my opinion, this will happen. Bitcoin is currently being used all over the world. Yes, it is true that some countries have banned Bitcoin for their country. They do not think Bitcoin is a reliable currency. Bitcoin is not owned and specified. Who cares, I think it will happen. It may take a while but it will happen. Yes, I believe that Bitcoin will have a stable price in the future.

We are the future, the future is bitcoin and blockchain; even if the price is not stable, who cares? not me
As I wrote before, to me that it is unstable is more than good.

Do you think fiat currencies are stable? no otherwise there would be no forex!

lillobo

member

Activity: 214

Merit: 10

Who can talk about the future Huh

In my opinion, this will happen. Bitcoin is currently being used all over the world. Yes, it is true that some countries have banned Bitcoin for their country. They do not think Bitcoin is a reliable currency. Bitcoin is not owned and specified. Who cares, I think it will happen. It may take a while but it will happen. Yes, I believe that Bitcoin will have a stable price in the future.

Oilacris

hero member

Activity: 2996

Merit: 609

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.

What you mean on being stable? It wont really come into that scenario on where bitcoin price would be stable neither there are few or lots of people do embrace it.

Price would always be volatile no matter what and to know that one of the reasons why investors do jumped in into this market due to moving prices and making money is
much more than on a stable traditional fiat currencies or stocks we know.

Even if the demand would stop or shall we say we are already on full adoption then price would always be moving.

freedomgo

legendary

Activity: 3248

Merit: 1160

Playbet.io - Crypto Casino and Sportsbook

Stable and less volatile, that's the future I like with bitcoin, but it will only happen when we will achieve a massive adoption, and with full regulation.
With full regulation, maybe it will help to minimize the manipulation as more people are using bitcoin for transaction purposes than trading or investing, so there will be a balance.

Krucifer

jr. member

Activity: 85

Merit: 2

IdenaNetwork (idena.io)

There will always be people willing to sell it "when the price is right" and some that will get into panic mode and sell on dump to create even bigger dump.

On the other hand, FOMO always kicks in when people see huge green candle and see $$$ before their eyes.

So the wheel turns...

KTChampions

legendary

Activity: 2478

Merit: 1951

Leading Crypto Sports Betting & Casino Platform

Stable price in what units? Grams of gold, kilowatt hours or dollars? Any option contradicts the original plan. Bitcoin was created in order not to depend on any resource and be volatile. 1 BTC = 1 BTC is the only thing you can be sure of.

joinfree

sr. member

Activity: 1274

Merit: 260

1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL

No! never going to happen. Bitcoin, though created as a currency fits more of an asset of store of value but yet still you can use it to purchase items. Take a look at the guy who used 10K BTC to purchase pizza, I am sure he is cursing his balls at the moment looking at the worth of bitcoin now. It's a decentralized market and the price of bitcoin will forever fluctuate at some point in time.

Sayma83

member

Activity: 322

Merit: 12

Iqcash

, I don't believe bitcoin will be stable somewhere. Because naturally it's not a stable coins and the most people like it due to volatility since we are seeking always to take advantage of volatility. Investment on bitcoin will be never ends, some investors will leave some new investors will enter and that's how this volatile will continue somehow, so it's like a dream if you wondering to see stable bitcoin price. It would be stable for week or month like now we are seeing, but for long term it's not possible technically.so isn't what bitcoin cost depends on, bitcoin cost relies upon gracefully and request, in the event that request is high, at that point the rate will increment and if the flexibly is high and nobody is getting them the Price will go down and really this is the stage that is going on now

giammangiato

legendary

Activity: 1862

Merit: 1327

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.

no I don't think bitcoin comes at a stable price, volatility is one of the strengths of bitcoin, and the majority of investors exploit this value for economic interests, the rarer it becomes the more it will acquire value. I think so

online73

full member

Activity: 644

Merit: 101

Ecowatt.io

Hello everybody. I believe that the price of bitcoin will be less volatile, but that it will be stable, I do not believe. It is strong volatility that becomes a very attractive factor for brokers. Of course, in the future, an asset such as Bitcoin will certainly be more widespread, which automatically entails some kind of price stabilization.

Gozie51

hero member

Activity: 2660

Merit: 630

Vave.com - Crypto Casino

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.

No for me, I don't believe it will be stable. It can only be such if there happens to be regulation or control of it. If no control, manipulation and pump will continue. Pump is one big reason for volatility of bitcoin.

RealMalatesta

legendary

Activity: 2338

Merit: 1124

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 do really doubt about this, but the way I am expecting things to happen is that there will be a time when the price of Bitcoin will be a bit stable, but it won’t be 1:1 with dollars/fiat. The way some people talk about being stable, they make it seem like it’s going to be completely stable. It is going to be a bit stable and bit volatile, will just be like when you are investing in gold.

It is going to take a lot of years before it reaches that level, and it will definitely be many years after all the coins has been mined. It’s being said that the last Bitcoin will be mined after 2140, and that’s a long time from now. But in some perspective after 99% of 21 million bitcoins mined out there are chances for stablecoin given that adoption level also reached its saturation level but we cannot speculate how many bitcoins one adopter will be saving as their buying capability is always unknown Cool

.

DeathAngel

legendary

Activity: 3304

Merit: 1617

#1 VIP Crypto Casino

Bitcoin price will reach a period of stability but not for many, many years. It’s still a relatively new asset, only 11 years old & the block reward halving every 4 years ensures the price rockets up & then inevitably dumps. We have epic bull markets followed by multi year bear markets. It’ll be the same for at least one more halving.

ChiBitCTy

legendary

Activity: 2282

Merit: 3014

I think a lot of it depends on many moving factors going forward. I think it may eventually need to be tied to something like the US dollar, for easier use..but if you believe strongly enough in all of the pros that bitcoin brings to money, you could have an outlook like Andreas Antonopoulos states here "from a monetary perspective, Bitcoin’s success is manifest destiny. It’s inevitable, it’s unstoppable, and more importantly, nothing else needs to happen, nothing else matters. All the matters are the soundness of the money, all the matters is the inflation rate.” So if you take this view, eventually it will be stable because it'll be used by everyone.

shield132

hero member

Activity: 2352

Merit: 905

Metawin.com - Truly the best casino ever

I was thinking the same at some point but I realized that it won't happen. A lot of things affect bitcoin's price. Everytime there are some rumors, it had immediatr affect on people and as a result we get rise or fall in price. Also quite often there are a lot of hot news around it: Binance wants to buy coinmarketcap, particular exchange stopped withdrawal for a while, china plans to ban mining, transaction fees have increased and network is in stuck, cloud mining website was hacked and they took billions, there is upcoming bitcoin fork and etc, don't wanna make this list very boring.
As you see, each of similar news has huge impact on bitcoin's price and surprises happen very often. On another hand there are people who hate stablecoins and don't support them. Also bitcoin's unstable price is what attracts a lot of traders and so on.
So I don't think stable Bitcoin will ever happen.

BlackHatCoiner

legendary

Activity: 1512

Merit: 7340

Farewell, Leo

Quote from: adzino on May 27, 2020, 01:38:56 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 wouldn't say it would be stable. Apply basic economic concept over here. Think about demand and supply. We know the supply of bitcoin is limited to a fixed number, where is the demand is "unlimited" (I am saying unlimited because as long as the population keeps on growing, if bitcoin still prevails, there will be a demand from the new population). Thus, with high demand and low supply, we get higher price. This price will keep on increasing as the demand keeps on rising (since there is no chance of bitcoin supply to be increased). So, in the future we won't be getting a stable price, but more like we will be getting a high price.

So will you buy many bitcoins? Since you think the price will surely go up?

chaser15

legendary

Activity: 2688

Merit: 1065

Undeads.com - P2E Runner Game

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.

No, it won't happen for I think even for another 10 years. If more people will get into bitcoin, I doubt the purpose is because of its usage but rather to expect a profit in return.

Bitcoin is so far treated mostly as an investment and not as a currency. That practice is running in the system for over 10 years.

Because of that, we just have to take advantage of what bitcoin is giving us, whether as an investment or currency. Fortunately, we can use bitcoin as how we used fiat. Better to see it like this that while enjoying the advantage of using bitcoin, it also giving us an opportunity to make more money.

adzino

copper member

Activity: 2968

Merit: 575

www.Crypto.Games: Multiple coins, multiple games

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 wouldn't say it would be stable. Apply basic economic concept over here. Think about demand and supply. We know the supply of bitcoin is limited to a fixed number, where is the demand is "unlimited" (I am saying unlimited because as long as the population keeps on growing, if bitcoin still prevails, there will be a demand from the new population). Thus, with high demand and low supply, we get higher price. This price will keep on increasing as the demand keeps on rising (since there is no chance of bitcoin supply to be increased). So, in the future we won't be getting a stable price, but more like we will be getting a high price.

fiulpro

hero member

Activity: 1890

Merit: 831

I do believe that it will Never happen , reasons for the same :-
_________________________________________________________
1. Whales hold 50% of the Bitcoins in the market
Now they have their own personal preferences on selling or not selling the Bitcoins therefore you cannot just ask them to stop manipulating the price of the market , even if a rule is passed for the same I do believe it's not something they will follow up with because at the end of the day Bitcoins is a non centralized currency.

2. Most of the investors and traders are actually interested in the price volatility.
The good thing about Bitcoins is , you don't have to wait for eternity to get good returns , you can even do short term trading and still earn a lot of profit through it. Therefore these investors might think otherwise about the price stability and might not like the change , causing the price to decrease.

3. We already have Fiat for it and thus we don't need Fiat 2.0.
For attaining stability one might have to establish a centralized body and at the same time make some rules about Bitcoin's buying and selling , which is against the whole idea of cryptocurrencies
_________________________________________________________

Zackgeno96

hero member

Activity: 1778

Merit: 520

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.

No i dont think bitcoin will ever reach a price that on which it will become stable and never move up or down. This isn't what bitcoin price is based on, bitcoin price depends on supply and demand, if demand is high then the rate will increase and if the supply is high and no one is buying them the Price will go down and actually this is the phase that is happening now. But a constant price is what the stable coins are for like USDT or Tether.

Topic: Do you believe that bitcoin will have a stable price in the future? - page 3. (Read 520 times)