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Topic: How can we end the *VOLATILITY OF BITCOIN* - page 4. (Read 980 times)

legendary
Activity: 2954
Merit: 1153
January 26, 2023, 03:11:27 PM
#48
It is hard to end or control the volatility of Bitcoin.  Being decentralized, there is no central authority to control the market.  Even with ETF, I believe it can't control the volatility because there are other factors that can affect the price fluctuation of the Bitcoin Market.

There are lots of factors that affect the fluctuation like market sentiment, changes in regulations, and worldwide events. ETF can help reduce bitcoin volatility but ETF itself is also volatile as an underlying asset.

In the end, there are factors that can minimize or help reduce Bitcoin volatility but I believe there is no way to end it.
newbie
Activity: 8
Merit: 0
January 26, 2023, 03:10:23 PM
#47
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,.
 

Dump this shit down to zero like cardano and problem solved  Roll Eyes

Worth as much as a bigger fool (or money printer) willing to pay for it
hero member
Activity: 2338
Merit: 757
January 26, 2023, 02:52:09 PM
#46
Like any product in the market, Bitcoin is a commodity whose price is controlled by supply and demand, which in turn is affected by market fluctuations in general.  
And as we notice in the rest of the market's products, the relatively stable price is the result of widespread use.
The major currencies that seem to us the most stable, their price also fluctuates, but to a much lesser extent. This, of course, is due to the balance between supply and demand, which is mainly caused by the intensity of use
jr. member
Activity: 322
Merit: 1
Bitcoin the future of finance
January 26, 2023, 01:08:54 PM
#45
Its possible theoretically but no one will able to control the vitality because of decentralized nature of crypto field and in coming future the market have chances of stabilize because many users believes in crypto and Bitcoin they holds harder ,
So in coming future crypto is gonna solve many financial problems and the value of Bitcoin will go higher then we expect.
jr. member
Activity: 182
Merit: 5
January 26, 2023, 11:13:12 AM
#44
i am not the one that wants to be picky about numbers by looking for specific things by changing parameters until it fits a narrative, which keeps going against you so you wanna change parameters

you mentioned dates of ATH points and to go by previous YTD of such points(yes 3 happened in 2021). so i did. you dont seem happy about results so now you wanna move the goal posts again??

whats next.. go by halving cycle to then find a new plot point
or to go by bear or bull of the ultimate low and high per period(as just mentioned)..
ok lets go do that

first price discovery 0.03 first ath $30 = 1000x
next ATL 3 next ATH 1.2k = 400x
next ATL 325 next ATH 20k = 61x
next ATL 3100 next ATH 70k = 22x


I really don't care to be honest. I was not even discussing against.

I just like things to be consistent and this is indeed consistent Smiley
jr. member
Activity: 86
Merit: 2
January 26, 2023, 10:39:36 AM
#43
There are steps to end the volatility of bitcoin.
1. Increase Regulatory Clarity: Governments should provide clear, consistent regulations and guidelines on how they view Bitcoin and cryptocurrencies, making it easier for businesses to adopt the technology.

2. Improve Liquidity: Exchange platforms should provide more liquidity to ensure that the prices of Bitcoin and other cryptos remain stable.

3. Increase Adoption: The more people who use Bitcoin and other cryptos, the more stable their prices will be. Businesses should be encouraged to accept Bitcoin and other cryptos as a payment method.

4. Strict AML Measures: Anti-money laundering measures should be implemented to ensure that transactions are legitimate and not used for illicit activities.

5. Better Security: Exchanges and wallets should have robust security measures in place to protect user funds.

6. Professionalize Market Practices: Professional traders and investors should be encouraged to provide more liquidity and trade in a more responsible manner.

7. Increase Awareness: The public should be educated about the potential of cryptocurrencies and how to use them safely.
legendary
Activity: 4410
Merit: 4766
January 26, 2023, 11:01:07 AM
#43
i am not the one that wants to be picky about numbers by looking for specific things by changing parameters until it fits a narrative, which keeps going against you so you wanna change parameters

you mentioned dates of ATH points and to go by previous YTD of such points(yes 3 happened in 2021). so i did. you dont seem happy about results so now you wanna move the goal posts again??

whats next.. go by halving cycle to then find a new plot point
or to go by bear or bull of the ultimate low and high per period(as just mentioned)..
ok lets go do that

first price discovery 0.03 first ath $30 = 1000x
next ATL 3 next ATH 1.2k = 400x
next ATL 325 next ATH 20k = 61x
next ATL 3100 next ATH 70k = 22x


any ways.. my initial point is the bitcoin system is itself shortening the trade window multiplier naturally. (as shown by many numbers listed in last few posts)

we also have the whales since mid 2022 artificially thinning the spot market varience by controlling the spot price movements so they can win their futures market s bets(only releasing their resistance walls when their futures contracts expire)

however if we next were to be foolish and beg some regulator or the exchanges to implement "circuit breaks" where trading is temporarily halted if prices move by more then x%. we are then going against the practical and natural economics of bitcoins deflationary path, and trying to over manipulate it

here is my point again.
fiat is not stable!!
just walking a few streets down the road you can find the same products at different price ranges.
come back different weeks and the prices of goods are different again.
we have just got soo used to it with slogans like "discount" and "sales season" "inflation" that we dont see it as volatile we see it as opportunity

yet some want to manipulate the markets and remove its natural fluidity just to fit in some "stable" box of one countries desire, even if it can then be against another countries benefit.. um no thanks

WORLD value:premium is $15k-90k(ish(rounded))

and american home hobby miners average residential electric costs, thus break even is about $30k
i fully understand american miners hate it when the price was $17k-$24k (prev 6 month) as it meant they cant mine profitably
i fully understand american buyers hate it when the price was $35k-$70k (2021-early 2022 era) as it meant they cant buy it cheap

yes i get it they would love it if bitcoin stayed around $25k-$35k permanently so part of the year they can mine when premium and sell.. and buy when low

but for a world currency. the window is wide.. due to how the politics of forex, that want to have different countries fiat rates to be wide apart so they can then buy cheap imports from 3rd world countries and such.

yes if people in africa got paid min wage at same rate as americans the window would closer.. the same goes if electric was sold at the same rate world wide the window would closer

but its not. so we have to accept how things are
jr. member
Activity: 182
Merit: 5
January 26, 2023, 10:49:49 AM
#42
Quote


well i was using calender year not YTD

so lets use YTD
jul 2010-2011 0.03 to $30 = 1000x
nov 2012-2013 11 to 1.2k = 110x
dec 2016-2017 950-20k = 21x
mar 2020-2021 4.8k-61k=13x
apr 2020-2021 6.8k-63k=9x
oct 2020-2021 10k=70k = 7x

I'm not really getting the point of those last 3 lines. You should consistently follow the full bull run and not in parts (if that's always clear off course) From March 2020 to 2021 it also comes close to *20

But indeed it's decreased exponentially compared to the early years
brand new
Activity: 0
Merit: 2
January 26, 2023, 10:01:20 AM
#41
I don’t think it’s possible to end the volatility of Bitcoin. Bitcoin is known for its high degree of volatility due to its decentralized nature, limited supply, and lack of regulation. As long as these factors remain in place, Bitcoin will continue to experience high levels of volatility. The best way to protect yourself against the volatility of Bitcoin is to diversify your investments and spread out your risk.
Fortunately, there are steps that can be taken to help reduce the volatility of Bitcoin and ensure that more traders and investors are able to benefit from trading the cryptocurrency.

The first step to reducing the volatility of Bitcoin is to diversify one’s investments. By investing in a variety of different assets, such as stocks, bonds, commodities, and other cryptocurrencies, an investor can spread out their risk and help ensure that any potential losses from one asset are offset by gains in another.

The second step is to use a long-term holding strategy. Since Bitcoin is a relatively new asset, its price can be extremely volatile in the short-term. By holding Bitcoin for a longer period of time, investors can help reduce the impact of its short-term price swings and maximize their returns.

The third step is to use stop-loss orders. By using these orders, traders can limit their losses in the event of a sharp price decline. This can help reduce the chances of being wiped out by a sudden price crash.
legendary
Activity: 4410
Merit: 4766
January 26, 2023, 10:30:21 AM
#41
when bitcoin was 2 years old(2011) swinging by 100x in a few months ($0.30 to $30) was a big deal
we have not seen a 100x swing since

when bitcoin was 4 years old(2013) swinging by 85x in a year (jan $14 to dec $1.2k) was a big deal
we have not seen a 85x swing since

when bitcoin was 8 years old(2017) swinging by 20x in a year (jan $1k to dec $20k) was a big deal
we have not seen a 20x swing since

when bitcoin was 12 years old(2021) swinging by 3x in a year (jan $25k to nov $70k) was a big deal
we may see a 3-7x swing again

the swings are not getting wider. things are calming down

Bitcoin went from 3k in 2020 to 70k a year later no ? But ok indeed it's slowly getting less and less volatile

well i was using calender year not YTD

so lets use YTD
jul 2010-2011 0.09 to $30 = 333x
nov 2012-2013 11 to 1.2k = 110x
dec 2016-2017 950-20k = 21x
mar 2020-2021 4.8k-61k=13x
apr 2020-2021 6.8k-63k=9x
oct 2020-2021 10k=70k = 7x
jr. member
Activity: 182
Merit: 5
January 26, 2023, 07:48:55 AM
#40
when bitcoin was 2 years old(2011) swinging by 100x in a few months ($0.30 to $30) was a big deal
we have not seen a 100x swing since

when bitcoin was 4 years old(2013) swinging by 85x in a year (jan $14 to dec $1.2k) was a big deal
we have not seen a 85x swing since

when bitcoin was 8 years old(2017) swinging by 20x in a year (jan $1k to dec $20k) was a big deal
we have not seen a 20x swing since

when bitcoin was 12 years old(2021) swinging by 3x in a year (jan $25k to nov $70k) was a big deal
we may see a 3-7x swing again

the swings are not getting wider. things are calming down

Bitcoin went from 3k in 2020 to 70k a year later no ? But ok indeed it's slowly getting less and less volatile
legendary
Activity: 4410
Merit: 4766
January 26, 2023, 07:42:58 AM
#39
when bitcoin was 2 years old(2011) swinging by 100x in a few months ($0.30 to $30) was a big deal
we have not seen a 100x swing since

when bitcoin was 4 years old(2013) swinging by 85x in a year (jan $14 to dec $1.2k) was a big deal
we have not seen a 85x swing since

when bitcoin was 8 years old(2017) swinging by 20x in a year (jan $1k to dec $20k) was a big deal
we have not seen a 20x swing since

when bitcoin was 12 years old(2021) swinging by 3x in a year (jan $25k to nov $70k) was a big deal
we may see a 3-7x swing again

the swings are not getting wider. things are calming down
jr. member
Activity: 95
Merit: 1
January 26, 2023, 03:44:31 AM
#38
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.
legendary
Activity: 4410
Merit: 4766
January 25, 2023, 11:01:12 PM
#37
First, I'm afraid we cannot just easily make volatility end. Many are saying the price of Bitcoin is manipulated. It may be to a certain extent, but nobody could just like pump and dump Bitcoin. It is almost a $0.5 trillion asset and it has tens of billions of daily volume. You can't easily remove volatility from it. It should also imply you also need to manipulate the news and the sentiment around it.

bitcoin is not a 'almost $0.5trill asset'

at best this week is a ~$23k asset. but even that does not mean it needs 23k to trade..
people trade 0.02 amounts(sub $500). so it only needs (sub 500) per order average per trade to keep the price near the $23k this week. and by doing arbitrage loops can do it with the same $360 allotment over and over and over hundreds of times to churn/eat/buzzthrough the opposing orders trying to freemarket away from $23k

the 0.5t is just a meaningless multiplier number of math after effect. not a value/reserve amount protecting bitcoin. the market cap is a end result of high school math. not a source reason of value security

with that aid the manipulators can keep prices within regions for 1-8 weeks but even they get bored and want to move the market or run out of small side holdings to keep up the resistance walls

anyway as alrady mentioned in other posts. peole dont care about volatility, becasue we have got used to it so much we dont see it. it usually requires media to high light it to death until people se it again

take food prices
same batch of goods are $188 in new hamshire and $555 in hawaii
so there is a 3x disparagement of value sentiment across just america about how much people value bread, lettuce potato etc
https://www.move.org/the-average-cost-of-food-in-the-us/#Methodology
legendary
Activity: 2576
Merit: 1860
January 25, 2023, 09:01:51 PM
#36
First, I'm afraid we cannot just easily make volatility end. Many are saying the price of Bitcoin is manipulated. It may be to a certain extent, but nobody could just like pump and dump Bitcoin. It is almost a $0.5 trillion asset and it has tens of billions of daily volume. You can't easily remove volatility from it. It should also imply you also need to manipulate the news and the sentiment around it.

Second, I think as Bitcoin grows older, adoption widens, more people own Bitcoin, circulating supply more scattered, its use as a currency grows, and so on, volatility would somehow wind down. At this point, Bitcoin is very young, supply is heavily focused to a few individuals and institutions, only a tiny percentage of the world's population owns it, and so on. Volatility is expectedly high.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
January 25, 2023, 08:55:30 PM
#35
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.
legendary
Activity: 2506
Merit: 1394
January 25, 2023, 08:36:28 PM
#34
I am curious if Bitcoin is still volatile if we already have a lot of volume in the future. Before we reach a lot of volumes, I am imagining we are already x5 or more than the price of Bitcoin or the entire market cap is already multiplied. Does this guarantee that the volatility of Bitcoin will reduce?

copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
January 25, 2023, 07:42:29 PM
#33
The people who love volatility are the people who benefit from it, people only get angry and complain about it when they loose to the volatility. Why the hurry to end Volatility?

The OP seems to ask how to end volatility. But like I have said before, volatility is good if you are a trader but if you are a long-term holder forget the noise of volatility in the short-term and keep HODLING right?? at the end of the day bitcoin still prove itself with the ATH every 4 year Cheesy

don't like volatility just use stablecoin  Cheesy
legendary
Activity: 2282
Merit: 3014
January 25, 2023, 02:52:41 PM
#32
This is a great/important topic and one I think we should all be having more often.  In my opinion one of the biggest things that we need in order to help bring more stability to bitcoin is....actually using it!  I'm fully convinced that bitcoin actually being used as a means of payment, is what's going to shoot it "to the moon".  There's still too many skeptics who point out it's lack of real world use for every day items and by starting to use it more often would be a huge boost to it's acceptance and therefore help volatility.
hero member
Activity: 2408
Merit: 584
January 25, 2023, 02:44:34 PM
#31
It is like asking when Bitcoin becomes centralized so the price can be controlled. Otherwise, the volatility remains even if the government will take action.

But I guess OP, we have to accept the reality that Bitcoin has been created for such a thing and the price keeps moving up and down. Because what I think is that people become unhappy if the price becomes stable and it lessens the interest of the community if their chance of earning a huge profit is very slim.
There are also coins who are centralized but their value is still volatile and then there's also stable coins who are decentralized, so no it has nothing to do with it. Despite BTC being volatile, there are still times where its value can become stable like on what we experience lately where the price seem to be stuck in 23k USD.

BTC being volatile is still a good thing and yes this is one of the thing which makes it popular. Another would be is that it is decentralized and has a limited supply. For the people who dislikes the volatility of BTC or any other crypto then they better use stables coins instead or the latest one that governments and banks created which was called CBDC.
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