The proof that bitcoin is the fairest value of money are in its decentralization .. in its volatility , once the bitcoin price get stable and it's no longer decentralized ... the value of fairness gone and people will soon realized it's better to be volatile rather than centralized , period.
i personally doesn't want the stable bitcoin , it hurts the vision of freedom of money.
Topic: Does everyone want bitcoin to be stable in price? - page 6. (Read 1794 times)
It seems like everyone has their own opinion about bitcoin. What I think a lot of people are missing is that the philosophy behind bitcoin is very similar to currency, freedom, and freedom. What does that mean for me? This means the price is in the hands of the people, not the central bank or big business and it also means that you control our money and how we want to spend it.
True, In order for bitcoin to survive as a currency and a payment system, it needs to have stability around its value. Everyone has their own opinion about bitcoin.
True, In order for bitcoin to survive as a currency and a payment system, it needs to have stability around its value. Everyone has their own opinion about bitcoin.
Such scenario won't arise. Bitcoin being stable will destroy its true value. It is the volatility that attracts majority of the people towards bitcoin investment.
I agree. If it's not for bitcoin's volatility, then investors won't look at its value and won't appreciate bitcoin because it's why many of us are into it. Having that thought that someday, this little amount of purchase of bitcoin that we have will be bigger as its price goes higher due to being volatile.Anyhow there'll be minor price fluctuation that gives way for the profiting out of the buy and sell difference. For all that want stablecoin, there were a greater number of stablecoins as well as government owned CBDC. People can make use of those than expecting bitcoin to be stable.
And bitcoin can't be that stable. Just use stable coins when people start selling their bitcoins and save themselves profit through it as it keeps the value they've profited.
Whether it's possible to make Bitcoin stable or not but I don't like it to become stable. We all know why Bitcoin gained popularity too quickly and that is volatile. Holders like to take advantage of the volatile. Otherwise why investors will hold Bitcoin if they can't take advantage of the volatility and can't make money? Eventually, it's not possible to make a stable Bitcoin price. Because Bitcoin is still a truly decentralized cryptocurrency. We can't imagine that would never happen.
I believe "no". Not all want's bitcoin to be stable and those people are mainly investors or are using their btc's for asset use because how can they earn if that happens? They can't buy at lows and sell at highs anymore but for the people who are only using their btc's as a currency then they might be wishing that btc will get stable someday, that way, there will be no miss calculations that can happen whenever they make a payment.
For the question if how can be btc be stable? I think it has something to do with its supply. Maybe if they can increase it more although I don't know if it's possible to modify the supply of btc not like to those who are more centralized cryptos.
I am one of those people, I would dislike it if bitcoin became a stablecoin and right now I am not that much in love with it neither. Right now it has been stable for a while and I rather have some ups and downs, I like that it's low so that I could buy some more, but going to 30k and coming back to 20k during this period would have been better than staying at around 20k, that way we could see a lot more volume, and volume means interest, without interest there is no volume nor any stability.For the question if how can be btc be stable? I think it has something to do with its supply. Maybe if they can increase it more although I don't know if it's possible to modify the supply of btc not like to those who are more centralized cryptos.
This is a big problem because we have been here for a while, and stabilized and I am hoping that soon we will get back to being volatile all over again.
I believe "no". Not all want's bitcoin to be stable and those people are mainly investors or are using their btc's for asset use because how can they earn if that happens? They can't buy at lows and sell at highs anymore but for the people who are only using their btc's as a currency then they might be wishing that btc will get stable someday, that way, there will be no miss calculations that can happen whenever they make a payment.
For the question if how can be btc be stable? I think it has something to do with its supply. Maybe if they can increase it more although I don't know if it's possible to modify the supply of btc not like to those who are more centralized cryptos.
I am one of those people, I would dislike it if bitcoin became a stablecoin and right now I am not that much in love with it neither. Right now it has been stable for a while and I rather have some ups and downs, I like that it's low so that I could buy some more, but going to 30k and coming back to 20k during this period would have been better than staying at around 20k, that way we could see a lot more volume, and volume means interest, without interest there is no volume nor any stability.For the question if how can be btc be stable? I think it has something to do with its supply. Maybe if they can increase it more although I don't know if it's possible to modify the supply of btc not like to those who are more centralized cryptos.
This is a big problem because we have been here for a while, and stabilized and I am hoping that soon we will get back to being volatile all over again.
I believe "no". Not all want's bitcoin to be stable and those people are mainly investors or are using their btc's for asset use because how can they earn if that happens? They can't buy at lows and sell at highs anymore but for the people who are only using their btc's as a currency then they might be wishing that btc will get stable someday, that way, there will be no miss calculations that can happen whenever they make a payment.
For the question if how can be btc be stable? I think it has something to do with its supply. Maybe if they can increase it more although I don't know if it's possible to modify the supply of btc not like to those who are more centralized cryptos.
For the question if how can be btc be stable? I think it has something to do with its supply. Maybe if they can increase it more although I don't know if it's possible to modify the supply of btc not like to those who are more centralized cryptos.
No for me.
Volatility is a double-edged sword for both investors and traders. Volatility can give you profit but at the same time, can give you losses.
I mean why would people want Bitcoin to be stable. Bitcoin right now is more of an asset than a currency and every asset is volatile in their own ways. Volatility makes millionaires but at the same time, volatility can cause massive losses to an investor. Overall, I don't think that we will come to a point where Bitcoin will have a stable price or maybe in the next decade we don't know.
It's a double sword so it can also cause you more harm than good. Maybe you like it because you know how to deal with it but for someone who doesn't, they are wishing that btc will be stable. Not to the point that its stability will be on the same level as a stable coin because earning with it is going to be impossible anymore.Volatility is a double-edged sword for both investors and traders. Volatility can give you profit but at the same time, can give you losses.
I mean why would people want Bitcoin to be stable. Bitcoin right now is more of an asset than a currency and every asset is volatile in their own ways. Volatility makes millionaires but at the same time, volatility can cause massive losses to an investor. Overall, I don't think that we will come to a point where Bitcoin will have a stable price or maybe in the next decade we don't know.
The price of btc might have changed dramatically. It now cost thousands of dollars but it doesn't change the fact that btc is still a currency. Some people only think that btc is an asset due to its benefits. By the time btc was still new and its value is still small, many people already noticed this so there's people who already invest in btc even before.
If someone is hoping bitcoin will stabilize then they shouldn't invest in bitcoin because today we have gold, real estate is a stable, not too volatile asset for them to invest in.
If someone can't make a profit and loss from bitcoin, don't blame bitcoin or fear its volatility but ask yourself why so many other people can profit from it but we are not.
Bitcoin is also just an investment but it has greater volatility than other speculative assets and also an opportunity for us to exploit. So don't expect it to become stable, that's not necessarily a good thing.
Bitcoin's price going up and down is actually what makes it a good investment for making money. And its scarcity is making its price also go up every halving which is what most are also waiting for.
Many of us will probably quit keeping BTC if its price going to be stable. They'd be limiting the lucrative property of BTC which makes it attractive to miners and holders.
No for me.
Volatility is a double-edged sword for both investors and traders. Volatility can give you profit but at the same time, can give you losses.
I mean why would people want Bitcoin to be stable. Bitcoin right now is more of an asset than a currency and every asset is volatile in their own ways. Volatility makes millionaires but at the same time, volatility can cause massive losses to an investor. Overall, I don't think that we will come to a point where Bitcoin will have a stable price or maybe in the next decade we don't know.
It's a double sword so it can also cause you more harm than good. Maybe you like it because you know how to deal with it but for someone who doesn't, they are wishing that btc will be stable. Not to the point that its stability will be on the same level as a stable coin because earning with it is going to be impossible anymore.Volatility is a double-edged sword for both investors and traders. Volatility can give you profit but at the same time, can give you losses.
I mean why would people want Bitcoin to be stable. Bitcoin right now is more of an asset than a currency and every asset is volatile in their own ways. Volatility makes millionaires but at the same time, volatility can cause massive losses to an investor. Overall, I don't think that we will come to a point where Bitcoin will have a stable price or maybe in the next decade we don't know.
The price of btc might have changed dramatically. It now cost thousands of dollars but it doesn't change the fact that btc is still a currency. Some people only think that btc is an asset due to its benefits. By the time btc was still new and its value is still small, many people already noticed this so there's people who already invest in btc even before.
Stable - could be used on business, less worry about losing or negative profits or income
Volatile - Chances for you to make big profits on a particular time or if you do know on how to play into those movement.
It is really in fact like a double edge sword which it does have its cons and pros.Lets accept the fact that
majority of us is really looking towards investment option on bitcoin.
No for me.
Volatility is a double-edged sword for both investors and traders. Volatility can give you profit but at the same time, can give you losses.
I mean why would people want Bitcoin to be stable. Bitcoin right now is more of an asset than a currency and every asset is volatile in their own ways. Volatility makes millionaires but at the same time, volatility can cause massive losses to an investor. Overall, I don't think that we will come to a point where Bitcoin will have a stable price or maybe in the next decade we don't know.
It's a double sword so it can also cause you more harm than good. Maybe you like it because you know how to deal with it but for someone who doesn't, they are wishing that btc will be stable. Not to the point that its stability will be on the same level as a stable coin because earning with it is going to be impossible anymore.Volatility is a double-edged sword for both investors and traders. Volatility can give you profit but at the same time, can give you losses.
I mean why would people want Bitcoin to be stable. Bitcoin right now is more of an asset than a currency and every asset is volatile in their own ways. Volatility makes millionaires but at the same time, volatility can cause massive losses to an investor. Overall, I don't think that we will come to a point where Bitcoin will have a stable price or maybe in the next decade we don't know.
The price of btc might have changed dramatically. It now cost thousands of dollars but it doesn't change the fact that btc is still a currency. Some people only think that btc is an asset due to its benefits. By the time btc was still new and its value is still small, many people already noticed this so there's people who already invest in btc even before.
I was reading some of the replies in of @mr_jk's thread when he asked what will happen if bitcoin's price became stable?
The replies were unexpected hehehe. Much of them argued why or how can bitcoin be stable? This makes me ask the question do much of the holders of bitcoin want the price to be stable or do they really want it be volatile? I ask this because stability makes bitcoin become a good store of value and medium of exchange. Volatility makes it good for trading and speculation.
If the price of bitcoin as a whole stops going up, I think it will be a disaster for bitcoin itself. It is no secret that many people hold bitcoin mainly in order to have a large profit in the future due to the expected increase in its price. If this goal disappears, capital from bitcoin will begin to flow sharply into altcoins, that is, where it will still be possible to make a profit. At the same time, the price of bitcoin will also plummet. However, for now, we hope that bitcoin will grow in price for a long time and please its holders. The replies were unexpected hehehe. Much of them argued why or how can bitcoin be stable? This makes me ask the question do much of the holders of bitcoin want the price to be stable or do they really want it be volatile? I ask this because stability makes bitcoin become a good store of value and medium of exchange. Volatility makes it good for trading and speculation.
I was reading some of the replies in of @mr_jk's thread when he asked what will happen if bitcoin's price became stable?
The replies were unexpected hehehe. Much of them argued why or how can bitcoin be stable? This makes me ask the question do much of the holders of bitcoin want the price to be stable or do they really want it be volatile? I ask this because stability makes bitcoin become a good store of value and medium of exchange. Volatility makes it good for trading and speculation.
The replies were unexpected hehehe. Much of them argued why or how can bitcoin be stable? This makes me ask the question do much of the holders of bitcoin want the price to be stable or do they really want it be volatile? I ask this because stability makes bitcoin become a good store of value and medium of exchange. Volatility makes it good for trading and speculation.
Stability does not support trading. There would be no margin for profits. And even investors would see little or no value increase over time.
I am a beginner in bitcoin, I prefer bitcoin with unstable prices, but there are also people who want stable bitcoin prices, but I personally dare to invest in bitcoin because the price is unstable, I think most people definitely prefer bitcoin because of the unstable price. because if bitcoin is stable it won't be cool.
The majority of traders want the price to keep going up and down so they can make money while the majority of business owners want the price to remain at a stable range, keeping in mind that the yearly volatility range is <15%, making it manageable when coming to small cap businesses.It is a speculative asset, so price will change by several points every day - but you can take gold as a primary example, gold prices vary during the day but does that hinder buyers? It does not, rather less income families prefer buying gold when the prices are down while in many asian countries, festivities are the time to buy gold even if prices are high.
Beyond that if you read the charts, prices are in a manageable range most of the time - but it does not make bitcoin look less "cool".
I was reading some of the replies in of @mr_jk's thread when he asked what will happen if bitcoin's price became stable?
The replies were unexpected hehehe. Much of them argued why or how can bitcoin be stable? This makes me ask the question do much of the holders of bitcoin want the price to be stable or do they really want it be volatile? I ask this because stability makes bitcoin become a good store of value and medium of exchange. Volatility makes it good for trading and speculation.
I believe we have to look at what has made Bitcoin gather the attention it got over the few years of its existence. If the price of Bitcoin was stable all along, would it have had this much attention and adoption that it has today? I wouldn't call myself an expert but my answer would be NO. The replies were unexpected hehehe. Much of them argued why or how can bitcoin be stable? This makes me ask the question do much of the holders of bitcoin want the price to be stable or do they really want it be volatile? I ask this because stability makes bitcoin become a good store of value and medium of exchange. Volatility makes it good for trading and speculation.
I however get your point but even now, don't we see investors saying Bitcoin is a Store of Value? maybe someday we will get to a point when the price of Bitcoin will start to stabilize or be less volatile but as far as I am concerned, Investment is all about profit making, and when that is lost, it is no longer an Investment but just savings.
I am a beginner in bitcoin, I prefer bitcoin with unstable prices, but there are also people who want stable bitcoin prices, but I personally dare to invest in bitcoin because the price is unstable, I think most people definitely prefer bitcoin because of the unstable price. because if bitcoin is stable it won't be cool.
I was reading some of the replies in of @mr_jk's thread when he asked what will happen if bitcoin's price became stable?
The replies were unexpected hehehe. Much of them argued why or how can bitcoin be stable? This makes me ask the question do much of the holders of bitcoin want the price to be stable or do they really want it be volatile? I ask this because stability makes bitcoin become a good store of value and medium of exchange. Volatility makes it good for trading and speculation.
I don't want to stabilize bitcoin because it could reduce our chances of profiting from the price difference. Many traders and we have benefited from the volatility of bitcoin's price and have been able to earn a lot. But if the price of bitcoin stabilizes, we have to find other ways to still profit from crypto. We'd better follow the bitcoin journey and try to make a profit. The replies were unexpected hehehe. Much of them argued why or how can bitcoin be stable? This makes me ask the question do much of the holders of bitcoin want the price to be stable or do they really want it be volatile? I ask this because stability makes bitcoin become a good store of value and medium of exchange. Volatility makes it good for trading and speculation.
No for me.
Volatility is a double-edged sword for both investors and traders. Volatility can give you profit but at the same time, can give you losses.
I mean why would people want Bitcoin to be stable. Bitcoin right now is more of an asset than a currency and every asset is volatile in their own ways. Volatility makes millionaires but at the same time, volatility can cause massive losses to an investor. Overall, I don't think that we will come to a point where Bitcoin will have a stable price or maybe in the next decade we don't know.
Volatility is a double-edged sword for both investors and traders. Volatility can give you profit but at the same time, can give you losses.
I mean why would people want Bitcoin to be stable. Bitcoin right now is more of an asset than a currency and every asset is volatile in their own ways. Volatility makes millionaires but at the same time, volatility can cause massive losses to an investor. Overall, I don't think that we will come to a point where Bitcoin will have a stable price or maybe in the next decade we don't know.
Trading and speculation does not really help with adoption. Having a stable price would be really positive for Bitcoin. Compared to the US dollar, Bitcoin has not been a great store of value lately. For some people it would become less attractive because they just want the price to moon so they can buy lambos but overall having a stable price would help Bitcoin's credibility as a currency and store of value.
Agreed! A stable price for bitcoin would also help rebitcoinize the cryptospace where bitcoin would again be used to price altcoins and be used as the first choice for trading against altcoins, very much similar before 2017.
I have speculated before that stablecoins will be regulated and used by regulators to control the liquidity of how much comes in and comes out of the cryptospace. This is very dangerous and another method for them to manipulate the market. This can be avoided with bitcoin, I reckon.
Trading and speculation does not really help with adoption. Having a stable price would be really positive for Bitcoin. Compared to the US dollar, Bitcoin has not been a great store of value lately. For some people it would become less attractive because they just want the price to moon so they can buy lambos but overall having a stable price would help Bitcoin's credibility as a currency and store of value.
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