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Topic: Is Bitcoin Volatility A Bad Thing? - page 21. (Read 3781 times)

member
Activity: 378
Merit: 10
“The Premier Digital Asset Management Ecosystem”
January 11, 2018, 02:24:22 PM
Volatility is only a negative aspect if you try to utilize Bitcoin's currency aspect. Merchants themselves don't have to be afraid of the volatility since there are third party payment processors such as BitPay taking care of everything. It pays out merchants in fiat for every Bitcoin related sales transaction, and that for just a 1% fee. It's way cheaper than credit cards and other payment services. Let's see if the future markets will be able to tame Bitcoin, which is something that they clame being capable of. I wouldn't mind more stability, but as long as this is an open and free market, volatility will remain a part of Bitcoin.
I do not think that Bitcoin's fluctuations are a bad thing, because Bitcoin is volatile, it's not fixed and always goes to a high level of development, so many investors say that volatility Bitcoins in all other coins are the highest, but they still choose Bitcoin because they have a need to buy it
legendary
Activity: 1120
Merit: 1000
January 11, 2018, 02:00:30 PM
Bitcoin's volatility can be considered as both a good as well as bad thing.
On one hand it makes the coin the leading crypto in the market due to its changing prices overnight. This makes the coin a promisable investment.
Whereas, this also restricts the coin from being a mainstream currency. The main characteristic of a currency is its stability in the market, which bitcoin lacks. Hence the coin just remains as an asset rather than being a currency.
hero member
Activity: 910
Merit: 550
January 11, 2018, 11:16:40 AM
For me bitcoin volatility is not a bad thing because it is really hard to predict. Maybe volatility is there for keeping balance in the cryptocurrencies. Many people can buy btc if the price went down then they can gain profit if the price went up.
jr. member
Activity: 51
Merit: 1
January 11, 2018, 10:54:09 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.
full member
Activity: 728
Merit: 131
January 11, 2018, 10:33:30 AM
Bitcoin Volatility is a great idea and best in the whole currency, with the bitcoin price movement and the surge of it a currency which you can convert to an investment, you can get into fiat anytime and buyback to bitcoin once it goes dip! well, bitcoin is a currency where you can use as a door for any investment you want to do with altcoins! this is a new generation!
member
Activity: 266
Merit: 12
January 11, 2018, 09:21:23 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
As for me, Bitcoin's volatility is not a bad thing afterall. It means flexibility for me. It can go on different situations. If the price will drop, then investors can afford to buy and hold it. If the price goes up, then its time to sell and have a good profit. The volatility of Bitcoin gives a good chance to everyone to buy and sell, to gain and to profit.
full member
Activity: 273
Merit: 100
January 11, 2018, 09:08:28 AM
Volatility isn't good unless you sell the peaks and buy the dips. BTC is young and it's going to be volatile for years to come.


Yes thats true, and how can we consider such rhing which is the one that contributes a lot when it comes to raising its price, and I think this is essential when it comes to supply and demand which make it more possible for us to have a better amount of profit since we all deserve to have one.
member
Activity: 238
Merit: 10
Hello World!
January 11, 2018, 08:16:33 AM
I think volatility is not bad, if you think on the other side, it's challenging. Since you don't know when will the price increase or decrease, then, it will challenge you to buy or sell btc, and hold or trade btc. You will gain experience and learn from that.
sr. member
Activity: 700
Merit: 252
January 11, 2018, 06:01:36 AM
volatility is one of the best features of any cyptocurency. simply allows people to earn some $ with price changes and with bit of luck one can gain decent profit from price ups and downs. BCH comes to my mind, many people earned on bch in later months of 2017.
legendary
Activity: 1050
Merit: 1001
January 11, 2018, 05:30:48 AM
To be honest yes it is. Bitcoin price shifts of over 20 per cent are largely because of any news. CME and CBOE will list bitcoin futures? Price up by 30 per cent. Their trading volumes were lower than expected? Price falls by 20 per cent. There is because is a new currency. Made in 2009, just after the US housing financial crisis. It has yet to survive any sort of crisis. This creates lack of faith, in it makes it fragile. Older the currency, less volatile it is.
That's why some people prefer to use bitcoin as an investment rather than as a currency.
Volatile never be a good thing to used by a lot of people especially those people who have no idea about this fintech stiff.
A little bit pessimistic really that bitcoin could be the future of currency.
hero member
Activity: 1414
Merit: 505
Backed.Finance
January 11, 2018, 05:29:45 AM
Not at all: if you are a good trader, high volatility is the key to make big money.
Actually, the real advantage of tradin with crypto - in comparation with forex - is exactly the fantastic volatility of the market

Same answer here, NO. Because in this volatility, traders are making money. This is the way thraders pofit due to the ups and downs of market.Also, for investors, they shold carefully look on this,as it may affects  your profits.
sr. member
Activity: 1484
Merit: 253
January 11, 2018, 05:12:44 AM
Not at all: if you are a good trader, high volatility is the key to make big money.
Actually, the real advantage of tradin with crypto - in comparation with forex - is exactly the fantastic volatility of the market

Yeah for holders volatility is giving them heart attacks. LOL But for traders its like dollars, because they can earn a lot because of this volatility.


Bitcoin volatility is what makes it unique and different from other physical currencies. Depending on how you make use of its volatility, it would be either advantageous or a disadvantage in any way. For good traders its volatility helps them earn thousands of money. So, I think if its uniqueness will be strategically utilized, it would be the greatest advantage to the bitcoin community.
newbie
Activity: 22
Merit: 0
January 11, 2018, 04:53:03 AM
Not at all: if you are a good trader, high volatility is the key to make big money.
Actually, the real advantage of tradin with crypto - in comparation with forex - is exactly the fantastic volatility of the market

Yeah for holders volatility is giving them heart attacks. LOL But for traders its like dollars, because they can earn a lot because of this volatility.
full member
Activity: 350
Merit: 100
BITDEPOSITARY - Make ICO's , More Secure
January 10, 2018, 07:54:20 PM
I think it can be bad and good at the same time, volatility can be advantage and disadvantage in my opinion for example its volatility provides a good opportunity for holding your investments until its profitable but can be hard to use as a currency due to its varying value.
member
Activity: 350
Merit: 12
January 10, 2018, 07:00:40 PM
Not at all: if you are a good trader, high volatility is the key to make big money.
Actually, the real advantage of tradin with crypto - in comparation with forex - is exactly the fantastic volatility of the market
newbie
Activity: 22
Merit: 0
January 10, 2018, 04:55:55 AM
I think bitcoin's volatility is very good and very profitable. We earn through this volatility because we can sell at very high price and buy at very low price.
hero member
Activity: 896
Merit: 521
January 10, 2018, 04:54:07 AM
To be honest yes it is. Bitcoin price shifts of over 20 per cent are largely because of any news. CME and CBOE will list bitcoin futures? Price up by 30 per cent. Their trading volumes were lower than expected? Price falls by 20 per cent. There is because is a new currency. Made in 2009, just after the US housing financial crisis. It has yet to survive any sort of crisis. This creates lack of faith, in it makes it fragile. Older the currency, less volatile it is.
member
Activity: 308
Merit: 10
January 10, 2018, 03:18:02 AM
Bitcoin volatility is neither a good thing or a bad thing, but in my opinion, a fair concept. If the Bitcoin's price if decreasing in value, you will surely have losses. However, what makes it fair is that once the Bitcoin's price increases in value, you will get back what you lost, or better, gain more that what you lost.
Well to tell you the truth mate, the volatility and the decentralization thing about Bitcoin, its just all a cover. The things is these people called whales, they are the ones who're controlling the price right now. If they wanted to have a higher price then they'll go for it, and vice versa.
Certainly all forms of financial investment fluctuate in the direction of the sine and bitcoin as well. There will be no chart of values ​​that will only increase without any reduction, the fluctuation of the price of bitcoin or all other coin is very normal. So if you are holding a bitcoin, do not worry too much.
hero member
Activity: 2576
Merit: 582
Leading Crypto Sports Betting & Casino Platform
January 10, 2018, 03:08:56 AM
I don't really think that the volatility of bitcoin is a bad thing, instead this is one of the most important features of bitcoin that attracts many investors to invest millions or maybe billions in bitcoin. And this is also one of the reasons why bitcoin is on the top of all crypto currencies.
Everything has its own pros and cons. same is the case when it comes to the volatile nature of any of the crypto coins. There are certain ways in which this volatility is very much helpful in bringing more name to crypto coins. Just because of this volatile nature of bitcoin, people are getting more interest and are actually investing a huge amount of money in crypto world as they know they can really make a huge amount of money.
hero member
Activity: 2898
Merit: 639
January 10, 2018, 01:48:43 AM
Volatility isn't good unless you sell the peaks and buy the dips. BTC is young and it's going to be volatile for years to come.

Yes thats true , if Bitxoin is not a volatile currency we should be all worry about it and I think it will not be famous as now it remain as cheap like before, cause Bitxoin became popular because of its price nowadays.
Yeah indeed having something saved is just a blessing and for sure it will give me and you more profit in future. Well as for being decentralized currency, volatility of bitcoin is main feature of bitcoin. on the other side it is bad because some countries are not trusting bitcoin because of changing price each month. It is good for those who are investing because when price of bitcoin use to change it goes high and bigger in price.
The reason we all are investing into Bitcoin is because of the way it was made to be, which is being volatile. If not that, I don’t see any other reason for us to be here, cause being here for any other thing is just a total waste of time. So volatility is not a bad thing, or a disadvantage.
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