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Topic: How to make bitcoin prices stable? (Read 245 times)

hero member
Activity: 2968
Merit: 913
August 05, 2018, 08:03:58 AM
#29
How can we be done so that bitcoin prices become more stable?

This question has been discussed many times before,but I'll answer it again.
1.When all the HODLers stop holding their bitcoins and sell them.The price will be reduced due to the increased btc supply,but the volatility will be lower.
2.When all the crypto whales and market manipulators run away from bitcoin.
3.When all business owners offer reversible bitcoin payments.
full member
Activity: 759
Merit: 105
August 04, 2018, 03:50:50 PM
#28
How can we be done so that bitcoin prices become more stable?
You can't, because this is prone to price manipulation and when it is being manipulated the more you fight for it the more you will lose your investment to them. The only thing we can do is just to wait for the price to move as it is.
sr. member
Activity: 840
Merit: 266
August 04, 2018, 03:24:02 PM
#27
Here is the thing, bitcoin is a decentralized currency and no one can control it, it is totally subject to demand and supply,the only party that can effect the price of bitcoin moving up and down is big groups of whales nothing else, and the only way to get a stable price is to eliminate this big groups by splitting them to small once . We will have a stable price when big holders are finish dumping and Bitcoin become in hands of much larger amount pf  people that believe more in the coin it self not just in it for the profit .
jr. member
Activity: 269
Merit: 1
Soil.co - Earn USDT/USDC
August 04, 2018, 03:14:56 PM
#26
We can't do anything to make bitcoin prices more stable. All we can do is hold on to avoid losses for ourselves because of selling low. In this year we need patience.
member
Activity: 434
Merit: 13
August 04, 2018, 12:25:56 PM
#25
How can we be done so that bitcoin prices become more stable?
It's hard to master about stable bitcoin prices. Because we are not the person who determines the price of Bitcoin. But for me it's better to keep abreast of the development of bitcoin. Because by following developments we will know the price of bitcoin is rising and falling.
hero member
Activity: 2632
Merit: 546
August 04, 2018, 12:03:33 PM
#24
How can we be done so that bitcoin prices become more stable?

No it can't be done. If its stable then trading bitcoin will be boring and the market will not be as lively as in the last couple of years. Maybe when institutional investors gets it, or perhaps when the ETF is approved but its still debatable. One factor though that the price will not be stable is that this market is based on speculation, meaning its very unpredictable. Perhaps you should embrace the price volatility and make the best out of it, just saying.
copper member
Activity: 2828
Merit: 4065
Top Crypto Casino
August 04, 2018, 11:42:17 AM
#23
Currencies are not stable, gold is not stable, stocks option too, How do you want to get the Bitcoin price stable? Sure they don't have the same volatility but still... Now you can imagine making Bitcoin based on the USD 1BTC=1$ (like Tether does) but if it's to make a digital currency based on fiat, there is no use to make a digital currency
full member
Activity: 742
Merit: 102
August 04, 2018, 10:32:38 AM
#22
bitcoin prices will never be stable, bitcoin prices can rise and fall very quickly. the price of bitcoin is very sensitive to the news circulating, if there is negative news then the price of bitcoin goes down immediately.
sr. member
Activity: 2436
Merit: 272
Eloncoin.org - Mars, here we come!
August 04, 2018, 08:52:00 AM
#21
How can we be done so that bitcoin prices become more stable?

The most important reason for the volatility is trading them so stop trading the bitcoins and you will have more stable price,but still the prices will fluctuate when someone buying or selling the bitcoins in certain amount.Maybe the prices will get stable once the adoption of world people goes to 100%.,at that time price of bitcoin will be stable or maximum and can't move beyond than that.
member
Activity: 350
Merit: 11
August 04, 2018, 12:56:20 AM
#20
How can we be done so that bitcoin prices become more stable?

I think the only thing that can change or make prices stable is the regulator of bitcoin holders, because we are only runners so I find it difficult if we have to change prices to be stable,
legendary
Activity: 3472
Merit: 10611
August 04, 2018, 12:41:27 AM
#19
don't confuse stable price with not having high volatility.

price can not become stable because bitcoin is still growing and that will continue for years. as new people and fresh money come in the price will keep on rising and the FOMO buys will cause bubbles which will then burst and create this roller-coaster like ride to the top.

but the reason for high volatility is different. why should price fall $10 if you sell less than 10BTC on exchanges? (10BTC may seem like a lot to you now if you multiply it by its USD value but considering price was $1000 a year ago and there are a lot of people with that much bitcoin you can see it is not really that much.) the reason is because exchanges aren't trusted. so people tend to not leave anything on them so there are less open orders, less resistance hence easier to drop and as a result we have higher volatility.
this can easily be solved if we start having much more trusted exchanges where people feel safer to leave open orders as  traders do on any other market!
member
Activity: 364
Merit: 10
August 03, 2018, 06:12:32 PM
#18
How can we be done so that bitcoin prices become more stable?
Decentralized bitcoin can never be stable. While its price depends on the supply-demand ratio in the market, it will constantly have high volatility. And the higher it will grow in price, the higher will be its volatility and the more risky it will be to invest. This can not be changed if no one maintains its price. Therefore, decentralized crypto currency will always be volatile in price, only centralized crypto currency has the ability to be more or less stable in price.
member
Activity: 1022
Merit: 20
RiveMont
August 03, 2018, 04:36:00 PM
#17
I do not think that btc can be stabilized, it will remain volatile but keeping in mind the increasing mining difficulty and limited supply one thing is for sure and that is btc will become very expensive in a few years time.
full member
Activity: 966
Merit: 104
August 03, 2018, 02:31:58 PM
#16
How can we be done so that bitcoin prices become more stable?
The high volatility of bitcoin is one of the non-consumable characteristics of bitcoin as a form of decentralized crypto currency. Since the price of a decentralized crypto currency is not supported by anyone and is formed only on the basis of a supply-demand relationship that is never constant, high bitcoin volatility will always be manifested. Moreover, the higher the bitcoin price will be, the greater volatility it will have.
To bitcoin was stable, you need to change its decentralized nature, but this should not be done, since it will be a completely different bitcoin.
legendary
Activity: 3374
Merit: 6880
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August 03, 2018, 02:15:21 PM
#15

It's sad that the first intelligent reply here came so far down on the page, but you nailed it.  I would also like to point out to anyone who actually reads my reply that very few people (especially the shitposters here) want bitcoin to be stable.  When bitcoin was stuck at $420 a couple years back, people were constantly complaining about how it was 'dead' and making predictions about where it was headed.

People make money with volatility, and it's hard to make money by just owning bitcoin when the price isn't moving.  Sure, you could trade altcoins, but a lot of them move in lockstep with bitcoin.  What I'd like to see is a slow but consistent rise, and we've seen that this is possible.  Unfortunately when the price starts rising, people pile in and buy and therefore drive the price up faster than it should go.  Same thing happens when the price drops.  In either case, I'm not all for stability.  I don't think bitcoin is going to succeed as a currency, but I do think it will as a vehicle for investment.
hero member
Activity: 2100
Merit: 813
August 03, 2018, 02:03:06 PM
#14
Bitcoin won't stabilize until the market is mature. We're talking billions of users and trillions in market cap, when someone dumping $100 million on an exchange all at once doesn't cause a crash. We're probably a decade out from having a fairly stable Bitcoin price. Probably will start to stabilize once the price is 30x-50x higher than it is now.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
August 03, 2018, 01:57:57 PM
#13
long period of stable bitcoin price? probably never... for short term 2-3 months perhaps possible
but to have bitcoin price somewhat stable like foreign exchange rate is very hard to achieve
even after all 21M BTC has been mined, I doubt bitcoin price will ever be stable
Yes, that is true, bitcoin prices will not be able to stabilize even 2-3 months is a long time. I feel that so far the price of bitcoin can be stable only lasts for a few days or 1-2 weeks. So to make bitcoin prices more stable for a long time I don't think it will be possible.
member
Activity: 132
Merit: 10
August 03, 2018, 12:49:35 PM
#12
You can short BTC on a futures contract, and then you have no change in the market value of your BTC, but it doesn't look very smart at the moment, because the market is not very stable at the moment.
sr. member
Activity: 623
Merit: 262
July 31, 2018, 04:09:36 PM
#11
How can we be done so that bitcoin prices become more stable?

We cannot make the price of bitcoin stable single handedly but we can play our part by avoiding the panic selling and stick to an agenda that we will not sell it during the slightest price dumps as  the panic selling causes more damage to bitcoin than any other factors.
legendary
Activity: 2730
Merit: 1288
July 31, 2018, 03:03:54 PM
#10
How can we be done so that bitcoin prices become more stable?


Bitcoin will need tail emission and more use case as right now. That will make it stable. Currently supply halve every 4 years and that is huge pressure on the supply that cant fulfill demand and price jumps like a rocket ready to depart on Moon.
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