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Topic: Is Bitcoin Volatility A Bad Thing? - page 19. (Read 3781 times)

hero member
Activity: 644
Merit: 500
i love my family
January 26, 2018, 08:41:43 AM
Bitcoin volatility is not a bad thing. Sometimes investors are waiting for the big deep so they can buy more volume of bitcoins in low price therefore on pumping they will earn huge profit. Well if you buy on high price when the price goes down you need to wait for the price to reach up.
newbie
Activity: 167
Merit: 0
January 26, 2018, 08:20:22 AM
Bitcoin  volatility is not a bad thing..
Like a real currency it is not stable at all time.. It change its value unpredictable
So  its not a big problem to us because btc is a digital currency.
sr. member
Activity: 1512
Merit: 316
January 26, 2018, 08:09:53 AM
It depends: if you want to use bitcoin as a currency, of course its volatility can be a big problem to evaluate the price of something.
But for good investors, high volatility gives the possibility to make enormous profit, if you know ho to manage it.

For the trader, speculators higher the volatility better it is as it gives them a chance to make the higher profits during this volatility. But as a common investor or people who accepts btc as a payment in their business etc they would definitely would not prefer too much volatility as it can turn against them as well and which can incur heavy losses for them.
legendary
Activity: 2044
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January 26, 2018, 08:02:44 AM
It depends: if you want to use bitcoin as a currency, of course its volatility can be a big problem to evaluate the price of something.
But for good investors, high volatility gives the possibility to make enormous profit, if you know ho to manage it.

So it is primarily an asset and a terrible use of a currency. A good way to demonstrate is to ask people, especially the HODLers, if they would take their entire salary in Bitcoin if given the option. There are two people who might, those who are reckless/gamblers and those who aren't dependent on the income in the immediate term and can risk the volatility of having their income potentially locked up at a loss for an extended period of time. But you will find most people would not agree to this because most people cannot afford the uncertainty of not knowing what their income is worth, because there are real life financial obligations that are denominated in a stable value, and Bitcoin is not. It's a terrible currency.
member
Activity: 546
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Rasputin Party Mansion
January 21, 2018, 03:45:15 PM
It depends: if you want to use bitcoin as a currency, of course its volatility can be a big problem to evaluate the price of something.
But for good investors, high volatility gives the possibility to make enormous profit, if you know ho to manage it.
member
Activity: 98
Merit: 10
January 21, 2018, 02:04:17 AM
People get invested in bitcoin and it is not possible to buy and sell the same price if a person is willing to invest in Bitcoin, he should make sure that he will be able to sell 10 or he will be able to sell it at 20k or else it will not Is meaningless. The reason why Bitcoin is known for high-profit making and it is famous for its volatility. I think the brightness for some users is a bad thing it does not actually help to make big profits in a short time.
sr. member
Activity: 496
Merit: 254
January 18, 2018, 06:03:19 AM
No, bitcoin volatility is not a bad thing. In fact it is the lifeline of the traders who make good profit out of it.
Yeah mate you are telling the truth bitcoin volatility is the best thing so far it gives people chances to maintain their profit in bitcoin as well as it gives chance to work on the strategy of buying at low and selling at high and on top of it this thing is true that if bitcoin prices get stabilized then there will not be enough profit for all of us so it is better for every investor volatility bring high profit and it is welcomed by investors.
full member
Activity: 280
Merit: 105
January 15, 2018, 02:24:27 PM
I do not think we are normal trading bitcoin always get profit from volatile bitcoin, if the price is stagnant and easy to guess then it is more difficult to get profit, I'm happy with bity volatile bitcoin and not bad thing.

It depends on the perspective, if you're looking at it as a trader then volatility is a good thing, if you're looking at it as someone who wants bitcoin to be adopted as a currency then stability is necessary, as we saw with steam it can't be used as a payment option with such high volatility.
jr. member
Activity: 336
Merit: 7
January 15, 2018, 02:17:39 PM
If u only view Bitcoin as means to transfer value then it can be very stable, volatility comes in when a lot of people try to keep something that gained value because it was easy to give, strange and fun times.

hero member
Activity: 2660
Merit: 630
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January 15, 2018, 02:09:40 PM
Steam dropped bitcoin support citing "high volatility" as a motive.

When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing?

If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad?

Where does the idea of high volatility being an unnecessary evil come from?

Are there good arguments or evidence which support the concept of high volatility being a negative circumstance?

In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction?

 Huh Huh Huh

Simply put, the volatility could be bad when one is stucked on the upside while price has dropped - just as we are witnessing at the moment. For instance, some investors felt that the bullish would continue after the ending of the year and bought at a high price , they got stucked with the current drop in the moment .
legendary
Activity: 1932
Merit: 1273
January 15, 2018, 01:29:58 PM
Actually, it's a good thing I'm sure some traders could get a benefit from Bitcoin volatility. But in my opinion, when many people already knew Bitcoin as boringly financial assets, the price will stabilize.
hero member
Activity: 1400
Merit: 536
January 15, 2018, 01:25:55 PM
For me no, volatility is not a bad thing because as we can see everytime that the price will going down this is actually our chance to buy bitcoin in a low price then the price will be higher again we just need to wait when its happen.
The only negative of volatility is that Bitcoin can not be used for payments, but unfortunately volatility will not be used for payments, even if the volatility is low. I guess this will just be a dream, because nobody wants to pay about $ 25 transfer fee.
legendary
Activity: 2044
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January 14, 2018, 08:50:14 PM
Steam dropped bitcoin support citing "high volatility" as a motive.

When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing?

If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad?

Where does the idea of high volatility being an unnecessary evil come from?

Are there good arguments or evidence which support the concept of high volatility being a negative circumstance?

In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction?

 Huh Huh Huh
Actually the volatility of bitcoin is not a bad thing to it. Its actually what makes it more popular in cryptoworld. And that's what encourage more investors to try to invest in bitcoin. Aside from that it makes the bitcoin more unique than other currency . Although its so hard to predict, what will be the price of bitcoib, it still had the most number of supporters. So if the value ,of bitcoin are falling down you don't have to panic. Just wait and hold it until it rises again.

More popular for people trying to get rich off it, not more popular for people using it as a currency. It's not helping adoption, it's just spreading mania and hype, neither of which is useful for people who want Bitcoin to be a viable currency or alternative to the USD. A crash because the price got too hyped isn't guaranteed to recover. A lot of people are at risk of losing a lot of money because they are being irrational.
member
Activity: 546
Merit: 33
Rasputin Party Mansion
January 14, 2018, 03:24:59 PM
Bitcoin volatility is a good thing if you are a good and experienced trader, because can produce huge gains.
But in the same time it makes bitcoin still unusable as usual currency because it would be a nightmare for accountants.
member
Activity: 88
Merit: 18
January 13, 2018, 02:44:17 AM
Bitcoin volatility is a great opportunity for skilled traders to make more money.
On the other hand it may scare some newcomers to crypto and one of the reasons for BTC price exponential growth was constant inflow of new investors into it. So it can be summed up as per below breakdown:

1- GOOD - for short term speculation
2- BAD - for guaranteed short term gains by hodling only
3- GOOD - for guaranteed long term gains but still INFERIOR to growth potential of some altcoins
sr. member
Activity: 503
Merit: 250
January 13, 2018, 02:11:22 AM
I think it really depends on the investors or the bitcoin user ,
Some of us are really in favor for bitcoin volatility because there are some of us who are using it as an advantage.
There are some who could predict the move of the market so they could gain a profit from it.
sr. member
Activity: 1274
Merit: 261
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January 13, 2018, 01:40:50 AM
   Volatility can not be a bad thing, people who trade wish to buy cheap
and sell when it is expensive, how can anyone expect stable price when
there are so many traders out there.
   For traders it is good, for non-traders it is not. I think this will always
remain the same. We can not change the market, we can just learn how
it moves and try to earn from that.
full member
Activity: 574
Merit: 108
January 13, 2018, 01:39:51 AM
Steam dropped bitcoin support citing "high volatility" as a motive.

When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing?

If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad?

Where does the idea of high volatility being an unnecessary evil come from?

Are there good arguments or evidence which support the concept of high volatility being a negative circumstance?

In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction?

 Huh Huh Huh
The volatility of bitcoin is considered to be a good thing for the investors because whenever pumps are occuring, the profits of the investors will grow together with the rise of bitcoin's value. As time passes by also, the value of bitcoin keeps on rising although it is still falling sometimes. These things are natural and we should not feel about but instead we should be patient for it.
member
Activity: 315
Merit: 15
January 13, 2018, 01:36:11 AM
Steam dropped bitcoin support citing "high volatility" as a motive.

When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing?

If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad?

Where does the idea of high volatility being an unnecessary evil come from?

Are there good arguments or evidence which support the concept of high volatility being a negative circumstance?

In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction?

 Huh Huh Huh
I don't think so, I consider it as a great thing because it enables us to have higher profits whenever pumps are occuring. This plays a vital role somehow on making bitcoin more popular and more attractive to investors. If ever the volatility will be removed, I don't think bitcoin will still be patronized by most of the investors that's why we should not consider it as a bad thing.
sr. member
Activity: 588
Merit: 253
January 13, 2018, 01:16:43 AM
I do not think we are normal trading bitcoin always get profit from volatile bitcoin, if the price is stagnant and easy to guess then it is more difficult to get profit, I'm happy with bity volatile bitcoin and not bad thing.
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