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Topic: How can we end the *VOLATILITY OF BITCOIN* - page 3. (Read 923 times)

jr. member
Activity: 251
Merit: 1
Crypto SMM & Web Service Provider
January 28, 2023, 12:54:47 AM
#68
You can't actually, as because of the price volatility many user gain and many losses, and the price of Bitcoin can be dumped to $1 or it can either reach $100k, so in the next few years there is no Tech/Process that can maintain/stop the volatility of any Crypto Coin.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
January 27, 2023, 09:11:29 PM
#67
-snip-
In my country there are already merchants that accepts Bitcoin but thru an app registered here in our country where merchants can convert it easily and the value of the buyers payment will depend on the item price at the time of payment.

I assume that you mean those merchants use an exchange account to accept payments in bitcoin and then they swap it into some stablecoin?
Because, that would be nothing new.

However, if you meant that there is an state-sponsored app for those transactions, then it would be a big deal. Still, the best case scenario would be accept Bitcoin from a non-custodial wallet to another non-custodial one.
sr. member
Activity: 854
Merit: 262
Eloncoin.org - Mars, here we come!
January 27, 2023, 06:33:01 PM
#66
What does the government want to do with the volatility of Bitcoin? Do they have any plans of adoption it and in order to control it? The volatile market will not ease to move because of any government law policy to make the market lost it volatility. As much as all altcoins depends on Bitcoin, that is how things will be and we will keep experiencimg this.
The volatile market makes it unique and profitable with plenty of strategies for everyone to be prepared and ready to fear there fears because the market can suddenly increases at the small interval and also falls at the sharpest time. We are already getting used to it and it positivity could make us very rich.
sr. member
Activity: 1246
Merit: 356
January 27, 2023, 06:11:30 PM
#65
We can't really end the volatility of Bitcoin because there are many rich people who hold in it that's why if they sold their Bitcoin, there's a huge move in the market. It also manipulated by the banks or institution to gain profit and they're called as whales. However, Bitcoin has the least volatility than any other cryptocurrency in the market because of it's market capitalization.
hero member
Activity: 896
Merit: 653
January 27, 2023, 05:20:08 PM
#64
As long as the price of cryptocurrency will depend on supply and demand, the high price volatility of cryptocurrency will remain. Still think the ETF funds can solve this problem, or at least will lessen the volatility of Bitcoin. The more control of the market, the less volatility it will be, now we still don't have any rule or laws to govern this market,.
 
Bitcoin don't need any rules to govern it's market, because this coin has always been the same from day one, and don' intend changing anytime soon. Because it is this volatility that makes Bitcoin unique from any other digital currency controlled by central banks and the government. So if you are not okay with it's volatility, it's best you invest in stable coins such as USDT or BUSD which are pegged to the United State dollar.
legendary
Activity: 2380
Merit: 1231
Leading Crypto Sports Betting & Casino Platform
January 27, 2023, 03:26:21 PM
#63
Regulation I guess would lessen the volatility in the market price of Bitcoin because demand won't be that high. Demand in the first place is dependent with the majority. On the other hand, what makes the demand high is the advantages of this technology; anonymity, low transaction fees and such. These things would definitely change once regularion occur. BUT another question would arise, how will this technology or industry in general be regulated? Probably combination of prohibition of decentralized wallets nd pushing third party wallets usage. Last question in my mind is that, will this be still  getting high demand once regulation takes place?
hero member
Activity: 938
Merit: 642
Magic
January 27, 2023, 02:49:58 PM
#62


Volatility of Bitcoin is a gift for those who know how to manage risk. Acquiring technical skills and learning to use risk management tools can help you to take advantage of this volatility and make a potential profit. I understand that Bitcoin volatility will not last for ever and eventually decrease, as  crypto currencies market matures and its marketcap surpasses 5 Trillion dollars, then it won't be easy for whales to manipulate this market. DYOR

Volatility in a currency is never "a gift". If you say that it will show that you are simply in bitcoin for some small term gains in fiat money. Bitcoin should be used as a secondary monetary system and not for using volatility as a profit solution.
hero member
Activity: 966
Merit: 511
🇵🇭
January 27, 2023, 12:15:56 PM
#61
There are already merchants who accept Bitcoin regardless of its volatility, so they can hold or sell when they believe it to be convenient. Also, for those who do not want to deal with sudden price changes, there are services which allow them to accept Bitcoin as payment method and immediately cash out into FIAT, so BTC can be effectively used as a tool to transfer value.
In my country there are already merchants that accepts Bitcoin but thru an app registered here in our country where merchants can convert it easily and the value of the buyers payment will depend on the item price at the time of payment. Many uses it now and sees that somehow in the future it will matter. Sellers have option whether to accept it or not and it's good if sellers also intro trading as they have chance to make it grow or know when it will be needed to convert or just wait. In terms of volatility,this what makes Bitcoin gain popularity and supporters as those who can trade and wait in the right time will be able to get more profit on it.
copper member
Activity: 1260
Merit: 698
Eloncoin.org - Mars, here we come!
January 27, 2023, 11:03:14 AM
#60
The volatility of bitcoin won't end anytime, I think we have to give more time for more people to appreciate bitcoin and use it in daily business transactions. At the moment, I believe some form of regulation can help make things pretty much more stable than we have at the moment otherwise we shall experience more issues with volatility. The high price volatility of Bitcoin and other decentralized cryptocurrencies will never evaporate. On the perverse, if the expense of cryptocurrency will improve, the volatility will only boost, as the expense spectrum will develop.
As long as the price of cryptocurrency will depend on supply and demand, the high price volatility of cryptocurrency will remain. Still think the ETF funds can solve this problem, or at least will lessen the volatility of Bitcoin. The more control of the market, the less volatility it will be, now we still don't have any rule or laws to govern this market,.
 

Volatility of Bitcoin is a gift for those who know how to manage risk. Acquiring technical skills and learning to use risk management tools can help you to take advantage of this volatility and make a potential profit. I understand that Bitcoin volatility will not last for ever and eventually decrease, as  crypto currencies market matures and its marketcap surpasses 5 Trillion dollars, then it won't be easy for whales to manipulate this market. DYOR
legendary
Activity: 2688
Merit: 2444
https://JetCash.com
January 27, 2023, 10:32:14 AM
#59
I haven't read all of this thread, so apologies if someone else has posted this.

You can't stop volatility. The banking/globalist elite now own large blocks of Bitcoin. They want to preserve extreme volatility to discourage mass adoption by the masses, and they will use their holdings to maintain apparent instablity in Bitcoin. They want the public to use central banking coins. We who understand this are in a fortunate position. We can monitor the long term asset value, and we can exploit the volatility to increase our savings.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
January 27, 2023, 10:23:34 AM
#58
Why would we want to get rid of volatility in an artificial way.  Tongue
Volatility is one of the reasons so many traders are into this market and willing to provide huge liquidity through exchanges, of course in the hope of getting a quick buck, in exchange, besides, if I remember correctly satoshi was okey for Bitcoin to have a floating exchange rate and to this day volatility has not represented a problem for our ecosystem.

For those who need stable coins, there some in the market which do not seem to be in the brink of collapse anytime soon.

Yeah, I don't see volatility as a problem too. But many people are trying to make BTC a payment method, but it can't be done globally with that volatility. But I don't think that's even needed.

It depends whom you ask, I guess.
There are already merchants who accept Bitcoin regardless of its volatility, so they can hold or sell when they believe it to be convenient. Also, for those who do not want to deal with sudden price changes, there are services which allow them to accept Bitcoin as payment method and immediately cash out into FIAT, so BTC can be effectively used as a tool to transfer value.
legendary
Activity: 4186
Merit: 4385
January 27, 2023, 01:27:58 AM
#57
Although many people always say that they love bitcoin because it is decentralized and anonymous, bitcoin can help them become their own bank, all true, but what makes us all invest in bitcoin is its volatility. So I also agree that if bitcoin loses its volatility, people won't need bitcoin anymore, and the market will lose its appeal. Everything will be meaningless if bitcoin is no longer profitable.
Decentralization is not what makes bitcoin volatile, the current market volatility is just shark manipulation, IMO.

1. even if the movement window was just 0.1x (10% a year) its still better than any interest savings account fiat banks can offer

2.even 300 years after "tulip mania" people still buy and sell tulips(go check any garden centre, yep those businesses still make profit selling tulips)

3.its not volatile right now due to whales or sharks. its actually being suppressed -resisted because of whales/sharks. yep suppressed-resisted from being the wide international sentiment of speculation. but their activities only work for 1-8 week periods at a time
full member
Activity: 1274
Merit: 128
Vaccinized.. immunity level is full.
January 27, 2023, 12:54:39 AM
#56
Here the question is. Do we want to end bitcoin volatility?

I think volatility is the best part of bitcoin because we can make huge profits just by holding our coins, and that is how people become rich with bitcoin, buy low and sell high, that's how it works. And bitcoin without volatility wouldn't be as cool as it is right now. It's an investor's tool to hit the moon. So, no one wants to end its volatility.
Agree. It is the high price volatility in the cryptocurrency market that attracts a significant number of both traders and cryptocurrency holders. If the price volatility were at the level of other markets, the cryptocurrency would not have such demand as it is now. Therefore, it is not even worth artificially interfering in this process. True, so far we do not know which way the regulation of cryptocurrencies by the states will go.
The volatility of bitcoin and other cryptocurrencies could decrease or even disappear if the cryptocurrency loses its decentralized nature. However, there is an opinion that with the increase in the adoption of cryptocurrency, its price volatility will decrease. Let's see how it will be in practice.

Although many people always say that they love bitcoin because it is decentralized and anonymous, bitcoin can help them become their own bank, all true, but what makes us all invest in bitcoin is its volatility. So I also agree that if bitcoin loses its volatility, people won't need bitcoin anymore, and the market will lose its appeal. Everything will be meaningless if bitcoin is no longer profitable.
Decentralization is not what makes bitcoin volatile, the current market volatility is just shark manipulation, IMO.
legendary
Activity: 4186
Merit: 4385
January 27, 2023, 12:02:14 AM
#55
another example
https://www.numbeo.com/cost-of-living/country_price_rankings?itemId=8
milk
international milk prices are from $0.44-$5

thats a international "volatility" of milk speculation of 11x market window

and just like travelling from tunisia - lebanon to get milk at such a wide range of ask price (12x)

if i travelled norway-hawaii for the min max of fresh mined bitcoin there is a $15k-$90k range of ask. (6x)

so bitcoin is not as bad as people think in comparison to other international 'commodities'

more examples
https://www.numbeo.com/cost-of-living/country_price_rankings?itemId=9
bread $0.14-$3.26 (23x)

yep if bread was sold on a international market. bread would see swings that move alot more and wider than bitcoin
full member
Activity: 346
Merit: 144
THE WORST EVER
January 26, 2023, 11:46:46 PM
#54
I really hate the way this topic's title (and its numberless previous incarnations) are phrased. Why would "we" "end" the volatility? (With the last words in caps, like a commercial brand slogan)

Currencies and commodity prices float respective to each others, it's just the way it is, you can argue that trying to impede it is contrary to bitcoin's ethos.

I understand that from an outsiders point of view BTC's high volatility may look threatening, but if someone is into bitcoins ecosystem or serious learning about it one would find pretty early that a stable price relative to fiat may not even be on the table (this one is an interesting and deeper topic)

Furthermore, the way OP phrased it gives the idea that "we" are trying to control BTCs price, putting Bitcoin's community at the same level as a "get rich quick" scheme in the eyes of the uninformed people
full member
Activity: 1297
Merit: 126
January 26, 2023, 05:49:06 PM
#53
Volatility will stay because not everyone will agree on the current price of Bitcoin, there will always be a buyer and seller and that makes Bitcoin more volatile.

Maybe, we can limit the trading hours for Bitcoin and follow the market hours of stocks which is not available during weekend, by this we can slowdown the volatility but I’m afraid that this is not possible to happen.
legendary
Activity: 3052
Merit: 1129
January 26, 2023, 05:41:44 PM
#52
The volatility of bitcoin won't end anytime, I think we have to give more time for more people to appreciate bitcoin and use it in daily business transactions. At the moment, I believe some form of regulation can help make things pretty much more stable than we have at the moment otherwise we shall experience more issues with volatility. The high price volatility of Bitcoin and other decentralized cryptocurrencies will never evaporate. On the perverse, if the expense of cryptocurrency will improve, the volatility will only boost, as the expense spectrum will develop.
As long as the price of cryptocurrency will depend on supply and demand, the high price volatility of cryptocurrency will remain. Still think the ETF funds can solve this problem, or at least will lessen the volatility of Bitcoin. The more control of the market, the less volatility it will be, now we still don't have any rule or laws to govern this market,.
 
We dont have any problems
We dont need for some regulation or rules to govern on this market
We dont need to be handled it out by the government

This is the primary reason on why decentralized projects specially Bitcoin had made due into its purpose.If you cant bare out about the risk or deal with the volatility that it gives
then it isnt really something for you because its been volatile since it first existed and come to mind off that people around are much prefering with this moving prices
since this is the way that we could really make out some money or profits.
legendary
Activity: 3500
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
January 26, 2023, 05:31:31 PM
#51
I agree that there is a bit more increases than calculated if you take the bottom of a year and the top of another year, which means in 2020 it was as low as 4k and it was as high as 68k in 2021, meaning it did went up quite a bit, more than 15x in fact.

However, it's still nothing major compared to what it used to be, x100 was something not so shocking back in the day, and it's near impossible right now. Which is why we should be considering this as a warning sign that we are not as volatile as we used to be. I wish we were that way we would have lower lows but it would also allow us to have higher highs as well. This would give us a chance to make a lot more profit than what we can do now.
full member
Activity: 2254
Merit: 223
#SWGT PRE-SALE IS LIVE
January 26, 2023, 05:03:08 PM
#50
Here the question is. Do we want to end bitcoin volatility?

I think volatility is the best part of bitcoin because we can make huge profits just by holding our coins, and that is how people become rich with bitcoin, buy low and sell high, that's how it works. And bitcoin without volatility wouldn't be as cool as it is right now. It's an investor's tool to hit the moon. So, no one wants to end its volatility.
Agree. It is the high price volatility in the cryptocurrency market that attracts a significant number of both traders and cryptocurrency holders. If the price volatility were at the level of other markets, the cryptocurrency would not have such demand as it is now. Therefore, it is not even worth artificially interfering in this process. True, so far we do not know which way the regulation of cryptocurrencies by the states will go.
The volatility of bitcoin and other cryptocurrencies could decrease or even disappear if the cryptocurrency loses its decentralized nature. However, there is an opinion that with the increase in the adoption of cryptocurrency, its price volatility will decrease. Let's see how it will be in practice.
hero member
Activity: 2002
Merit: 775
Leading Crypto Sports Betting & Casino Platform
January 26, 2023, 04:21:25 PM
#49
In the end, there are factors that can minimize or help reduce Bitcoin volatility but I believe there is no way to end it.
There is no way to end it, that is true, and it's preferable that it remains like this, as we have the assurance to be dealing with a decentralized currency.

But to minimize volatility it's just a natural process which is happening year after year. Adoption just needs to continue increasing, so volatility will decrease progressively. Volatility is directly related to the manipulation power of whales. The less power whales have, less susceptible the market is going to be to manipulation, decreasing volatility.

When the market has more participants, it's likely the sentiments will be mixed, so while some panic sell, there will be others buying the dip, keeping prices more stable, although the total balance is never achievable on this market.
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