How can we end the *VOLATILITY OF BITCOIN* - page 5.

Japinat

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Quote from: pooya87 on January 24, 2023, 05:06:55 AM

Is it just me or these topics OP creates in quick succession look suspicious as if they were something that an AI would create...

In some ways, yes, topics are somewhat redundant and the content too. Somehow it is the same with the others because it's like a clickbait because the OP is also answering its question after you open the thread. Also, it feels like it the construction of the OP's sentence is looking too good to be true, or is it just me? Huh

But to answer the OP's question, a little volatility surely helps and I believe it is there for a reason besides, I think it's almost impossible to actually stop it.

GigaBit

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Quote from: Susano on January 24, 2023, 03:38:37 AM

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,.

Is it possible for bitcoin prices to go higher if you want to end bitcoin volatility? I don't think that because Bitcoin is the most volatile it has enough value globally. If bitcoin keeps a normal price instead of being volatile then no one will feel motivated to invest in bitcoins resulting in a withdrawal of investment from bitcoin and eventually nothing but loss of value. Investors are interested in Bitcoin because of its volatility. Bitcoin is decentralized so there is no chance for anyone to centralize it. So it is not possible to remove it from the volatile state. Many of us in crypto certainly want it to be more highly volatile but Bitcoin can be a big problem for risk averse people.

Kelvinid

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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.

CryptounityCUT

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Quote from: Susano on January 24, 2023, 03:38:37 AM

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,.

I totally agree with you, when regulation across the world will be more present then volatility will drop. For now, there is about 4% in crypto which is low, I think with more adoption of cryptocurrency across the world there will be less volatility. I asked myself how the news will impact cryptocurrency, like in forex we can see how news of CB has impacted on the market. Crypto is a great opportunity to be as an individual or a company more efficient and more recognizable and so on. In the next few years, we will see more adoption on side of crypto, and then we can probably see less volatility.

kryptqnick

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There's nothing artificial we can do to control the price and volatility because Bitcoin is not fiat and is decentralized. But I agree with the op that more daily transactions of using Bitcoin as payment could stabilize the price more. The high volatility is probably due to uncertainty of many people, of viewing Bitcoin primarily as an asset to hodl or trade. If it's more viewed and used as money, that could help. That being said, Bitcoin is often pretty stable at a certain price point for a long time, especially during the bear market. And I'm not sure if it will ever be less volatile than over the last few years, given that the majority are probably interested in Bitcoin as a source of profit, not a financial innovation. We should also consider the trade-offs of stability. How much control should go to some authorities and regulations for the sake of a more stable currency? Personally, I wouldn't want to see us going in that direction, as I don't think volatility is that bad and reducing it is that important.

yazher

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One of the ways is to stop producing these altcoins revert year because they are one of the reasons why people divert their investment from bitcoins to those altcoins that will gonna turn shitcoins later on. They are just confusing investors and with their promising words when they first introduce their project, many are lured to invest but will gonna regret their decision after years because they will gonna see the bitcoin price rise, and their altcoins seem not to care no matter how good the situation of the market is and when a bearish trend comes, it will not gonna bounce back and remain at the bottom until their developers give up.

Bananington

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Quote from: dansus021 on January 24, 2023, 09:56:50 PM

volatility is two sides of blades in my opinion, some people hated it but some people love it. like gold i think volatility of bitcoin will not gonna end unless there is some entity that control all centralized exchange and put limit on bitcoin price but i think is impossible for now

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? Volatility is not a topic to discuss on how to end it, give it time the volatility of bitcoins will reduce and the price of it will become more stable.

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Quote from: Jawhead999 on January 24, 2023, 04:22:13 AM

Technically it's possible for government to reduce Bitcoin's volatility as long as they control almost of the exchange (centralized exchange) and they're setting the interval when the we can trade our Bitcoin similar like in stock trading.

But I will be the one who against the idea to reduce Bitcoin's volatility because the reason why I invest in Bitcoin is the high volatility and low risk. High volatility will boost Bitcoin price and the reason why I say Bitcoin has low risk because Bitcoin has the lowest risk among other cryptos.

Once there is regulation, and the government directly regulates the market, they will more or less reduce the volatility of bitcoin if they want to.

I would also oppose the idea of reducing bitcoin's volatility and don't expect that to happen. We invest in bitcoin because we like its volatility.
But you cannot say bitcoin is highly volatile and low risk, if compared to other cryptocurrencies, bitcoin is not more volatile than shitcoin, so it is less risky than shitcoin. But if you compare bitcoin with other assets, it is clear that bitcoin is very volatile and riskier.

dansus021

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volatility is two sides of blades in my opinion, some people hated it but some people love it. like gold i think volatility of bitcoin will not gonna end unless there is some entity that control all centralized exchange and put limit on bitcoin price but i think is impossible for now

but for now enjoy the volatility buy low sell high on the same dates

aoluain

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Quote from: DooMAD on January 24, 2023, 06:30:53 AM

Any time I see someone writing a post discussing how to limit volatility, I tend to assume they either have little concept of price discovery, or understand it but simply don't have any respect for it. Either way, it seems as though such people are unwittingly asking for market rigging. Perhaps I just subscribe to a different economic philosophy to most, but I don't think anyone should be in control of that.

It's only a problem when people try to meddle. Just allow the market to do its thing.

Absolutely!

When you can gain some form of understanding of the way the markets act and
that yes they are volatile, then they will no longer be an issue, or something stressful.

It reads to me like the OP wants a happy Bitcoin utopia where the price either stays
static or constantly increases.

hZti

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I have opened a few topics regarding the volatility of bitcoin and to my surprise the general response was:

- People want volatility, since they want to attract people into the bitcoin world.
- People want volatility, because they want to earn money with the profits it can bring.
- The few people that dont want volatility want to have bitcoin stable in a few years and not now.

To me this is crazy, but shows what kind of people the volatility of bitcoin largely attracts.

Synchronice

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What's wrong with the volatility? I get mad when everyone thinks about this kind of topics and limitations only when price falls but everyone is silenced and paralysed when bitcoin's price skyrockets. Where were the volatility advocates when the price was rising steadily from some cents to hundreds of dollars? Where were people when it was going up to 69K USD? Oh, volatility was good then.
Sorry but I love the volatility of bitcoin, it's the nature of this coin and it's what makes it unique too. If you want stable coins, then stick with USDT or some others, it may fulfill your requirements.

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Quote from: DeathAngel on January 24, 2023, 12:42:30 PM

Bitcoin is such a young asset, volatility is natural when it’s only been around since 2009. If you’re smart about it, volatility is a good thing that you can use to your advantage.

Try not to worry too much when bitcoin is down. Patience is required but bitcoin overcomes downturns & FUD, it always does. Just hang in there, buy when it’s down & sell some during bullish periods.

I believe that it allows us to make a lot more profit this way, but at the same time it's going away soon as well. Even right now, we are not as volatile as 10 years ago, why? Because it was cents back then, or dollars but low amount, and we were going up x10 easily.

Nowadays, in order for bitcoin to go up x10, we would need to be 200k+, and even compared to bottom, it had to be 160k give or take, pretty hard to do. So at the end of the day we are talking about something that is less volatile already. So when it does reach 100k, x10 will be 1 million dollars, and even harder and this is just x10 we are talking about, it was even more volatile back in the day, and will fail to do x10 in the future, that is why I think it's less volatile already.

DeathAngel

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Bitcoin is such a young asset, volatility is natural when it’s only been around since 2009. If you’re smart about it, volatility is a good thing that you can use to your advantage.

Try not to worry too much when bitcoin is down. Patience is required but bitcoin overcomes downturns & FUD, it always does. Just hang in there, buy when it’s down & sell some during bullish periods.

tranthidung

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You can not do anything and if you can, just very small contribution.

Volatility of Bitcoin is contributed by some factors like its small trading volume, small marketcap and limited regulations on this market.

Bitcoin is a biggest cryptocurrency but it is still too small compares to many big tech companies.
The Bitcoin market in particular is too small to be manipulated than stocks market. Institutional investors can more easily manipulate Bitcoin market with smaller capital than what they need to manipulate in stock market.
Last but not least, the limited regulations on this market gives great chance for big entities to manipulate it.

Educating people around you about Bitcoin is what you can contribute for Bitcoin adoption and let's say Bitcoin volatility.

franky1

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banks offer 0.01% savings interest.

even 15% a year is acceptable. but its funny that people in crypt are not even happy with a 15% a week and are waiting for 100X like they seen in 2011 charts

so98nn

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Last time crypto community was happy about the volatility of bitcoin because it gives amazing experience in terms of trading on short cycles or day trade. May be if we lose the bitcoin's volatility then we might just lose various characteristics and user experience along with it. The industry that we grew over the time is revolving at the center point of bitcoin, it's nature and volatility obviously.

That is how everyone knows it and adopting it. The fear of bear and fun of bull, that's what making it more interesting and thrilling over the time. So I would care less about it.

Quote from: CryptoPanda on January 24, 2023, 05:28:00 AM

Quote from: pooya87 on January 24, 2023, 05:06:55 AM

Is it just me or these topics OP creates in quick succession look suspicious as if they were something that an AI would create...

The posts are low quality and I’m sure OP knows he can’t merit for them. So what’s the play here? Building activity maybe?? The use of ChatGPT and other AI to make posts is a problem we are going to have to deal with. Unfortunately there is no rule to fight it yet.

Meanwhile in parallel universe, yeah we are gonna face artificial challenges real soon.

This thing is spreading like virus everywhere. First it was biological pandemic, next is what? AI based pandemic screwing whole digital ecosystem. Funny.

Blawpaw

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Quote from: Susano on January 24, 2023, 03:38:37 AM

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 is one of the main characteristics of Bitcoin. Its price is set by offer and demand so there is no fixed price for it. And thats basically the beauty of it imo.

I believe that bitcoin will only see ots volatility going down once all coins have been mined. In the meantime, volatility will be a constant, so we should enjoy its volatility and speculate...

seoincorporation

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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.

Z390

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Volatility in Bitcoin price is a part of what drives demand, why would there be any reason to buy if there is no volatility? Even if everyone adopts Bitcoin in future the 4 years cycle will still be in tact because of dollar prints and economy situation, there will be sellers and buyers at the top price then also sellers and buyers at the bottom price. Seriously the only thing why Bitcoin and crypto makes a lot of sense to me apart from store of value in buying back at lower price in a bull market. Right now nothing beats crypto when it comes to investment and returns.

Topic: How can we end the *VOLATILITY OF BITCOIN* - page 5. (Read 980 times)

Topic: How can we end the VOLATILITY OF BITCOIN - page 5. (Read 980 times)