How can we end the *VOLATILITY OF BITCOIN* - page 6.

franky1

legendary

Activity: 4410

Merit: 4766

Quote from: NotATether on January 24, 2023, 07:53:22 AM

You can't stop the volatility artificially. Try that, and you'll get a financial situation similar to the Federal Reserve who keeps printing money to solve all their problems until there's all kind of inflation and debt problems. Instead, let it take its natural course. A little volatility is healthy, but we will just have to wait to see how the situation naturally plays out.

you cant stop it permanently.. but you can temporarily

december seen artificial holding down of the price
yep whales managed to create a resistance line to keep the price below $17k in december and below $23k last week..
it is possible to manipulate the market temporarily. as long as they stay funded and keep their trade bots arbitraging the spot markets eating up any orders that try to buy above the set levels of the whale bots

yep when on a 6 month period you see multiple straightish lines. thats manipulation

but to do it permanently.. well that involves fixing all countries labour rates where everyone on planet works for the same rough income amount to align countries into a small window of variance where things like electric and consumer price index all align too thus everyone on planet sees goods and assets within the same value:premium narrow window of affordability and cost average(not going to happen)

NotATether

legendary

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Merit: 6660

bitcoincleanup.com / bitmixlist.org

You can't stop the volatility artificially. Try that, and you'll get a financial situation similar to the Federal Reserve who keeps printing money to solve all their problems until there's all kind of inflation and debt problems. Instead, let it take its natural course. A little volatility is healthy, but we will just have to wait to see how the situation naturally plays out.

franky1

legendary

Activity: 4410

Merit: 4766

volatility is because there is a wide sentiment of peoples desires and needs and costs

EG if it costs someone in norway just $16k this week to mine bitcoin and someone in hawaii upto $90k to mine it
that sets the wide window of value vs premium where everyone on the planet has their own set "price" they are willing to either buy or sell between

right now its a great price for people in japan and hawaii and other islanders to buy rather then mine, and not so great price for norway to sell or buy. if they can mine it cheaper.

the only true way to calm a real international currency is if everyone on the planet were working and living at the same rate of fiat expense where everyones notion of value and premium were in a more small window.. .. but thats not how the world forex markets work thus not gonna happen in a world reaching internet currency either

but here is the thing
in fiat when you see that milk and bread can swing from $0.90 to $2.50 depending on location too.. is fiat really "stable", or have we just got used to the changing offers by using words like Sale" "discount" "roll back" "pocket the difference" "convenience" (premium)

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

The only thing that could decrease volatility is more ~~control~~access to bitcoin for everyone — hence more trading volume and liquidity. And yea, an actual spot ETF can most definitely significantly help. Hence why it was quite questionable when a futures ETF was approved, but not a spot ETF.

Kakmakr

legendary

Activity: 3542

Merit: 1965

Leading Crypto Sports Betting & Casino Platform

High volatility are caused by constant large volumes of coins being sold or bought in a short time-frame ...and this can only be reduced, if you can distribute more coins to more people. If there are not small groups of individuals that are hoarding a lot of coins and trading with those coins, then we will not see this kind of volatility.

We need to put more coins in people's hands.... and not have big traders dumping large amounts of coins, when they want to profit.... or buying large amounts of coins, when the price drop. Roll Eyes

DooMAD

legendary

Activity: 3948

Merit: 3191

Leave no FUD unchallenged

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.

CryptoPanda

sr. member

Activity: 910

Merit: 302

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.

pooya87

legendary

Activity: 3472

Merit: 10611

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

Jawhead999

legendary

Activity: 1834

Merit: 1208

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.

Susano

newbie

Activity: 14

Merit: 1

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,.

Topic: How can we end the *VOLATILITY OF BITCOIN* - page 6. (Read 980 times)

Topic: How can we end the VOLATILITY OF BITCOIN - page 6. (Read 980 times)