Is Bitcoin Volatility A Bad Thing? - page 37.

Hamphser

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Quote from: Hydrogen on December 08, 2017, 05:59:08 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

If steam do have that reason regarding volatility. I dont think so because i do see that they are seeing on bitcoins transactions fees rather on its exact value. Imagine that there are lots of players on Steam on any different game and players wont really bother to use up bitcoin considering on the fee that they would need to pay up and the management of steam did actually see this scenario which do make them decide to dropped them of but on general speaking volatility do really give benefit most of the time specially on traders.

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Quote from: Lampaster on December 10, 2017, 07:52:20 AM

Quote from: taiwww on December 10, 2017, 07:21:54 AM

The price of bitcoin is determined by the flow of demand and supply. Every currency has some volatility. Whenever the demand and supply flow disturbs and volatility increases then government or central authority interments and regulates the same. Bitcoin is a decentralise currency it has no central authority to regulate it, as a result it moves sharply on up and down side resulting huge loss and profit for its investors. Limited volatility is good for the health of any currency but uncontrolled volatility is a bad thing for the development of any currency.

How do you imagine the controlled volatility of bitcoin? It seems to me that volatility is a thermometer that allows us to monitor the condition of the heating market. For many it becomes a source of income. Volatility is neither good nor bad. It's just a state with which we have to accept and learn to live with it.

Controlling bitcoin volatility is not possible technically, we're talking about a billion dollar market in bitcoin and it's not that easy to control its volatility. Whales make money from volatility.

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Quote from: taiwww on December 10, 2017, 07:21:54 AM

The price of bitcoin is determined by the flow of demand and supply. Every currency has some volatility. Whenever the demand and supply flow disturbs and volatility increases then government or central authority interments and regulates the same. Bitcoin is a decentralise currency it has no central authority to regulate it, as a result it moves sharply on up and down side resulting huge loss and profit for its investors. Limited volatility is good for the health of any currency but uncontrolled volatility is a bad thing for the development of any currency.

How do you imagine the controlled volatility of bitcoin? It seems to me that volatility is a thermometer that allows us to monitor the condition of the heating market. For many it becomes a source of income. Volatility is neither good nor bad. It's just a state with which we have to accept and learn to live with it.

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Quote from: Hydrogen on December 08, 2017, 05:59:08 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

high volatility is a normal thing in the market , cause crypto market was really small and we started to see a huge demand in the last month or so
it's not a bad thing and we are used to it cause we have been here for over 3 years , but newbies and biz owners may not like it
steam dropped bitcoin cause transactions are taking long time to verify with high fees , and they depend on fiat so they have to start refunding the extra bitcoin or ask for more ( cause when a person makes the purchase and it arrives after like 8 hours then for sure he either paid more or less for steam )

taiwww

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The price of bitcoin is determined by the flow of demand and supply. Every currency has some volatility. Whenever the demand and supply flow disturbs and volatility increases then government or central authority interments and regulates the same. Bitcoin is a decentralise currency it has no central authority to regulate it, as a result it moves sharply on up and down side resulting huge loss and profit for its investors. Limited volatility is good for the health of any currency but uncontrolled volatility is a bad thing for the development of any currency.

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Are you familiar with the term “Buy low, sell high”? Bitcoin’s volatility means that it is often low and high in short periods of time. All of that volatility provides some pretty wild trading opportunity for those who are willing to take on the risk. If the price of Bitcoin swings 20% in 48 hours, that means there’s an opportunity to make at least 20% gains in that 48 hour period. Without bitcoins wild volatility, there is much less incentive for new investors and traders to enter the market. As new traders enter the market, the best ones will turn a profit which creates a more stable price. The bad traders will lose their investments and fall out of the market. That's how a free market works.

btcrut2017

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Volatility is not a bad thing on my opinion. That's where business and opportunities occurs. That's the good that you can't predict what will happen in future with Bitcoin.

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Quote from: Hydrogen on December 08, 2017, 05:59:08 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

Bitcoin volatility is not that bad but it will make people think twice before investing. Knowing that a time would come that the price of bitcoin could posibly broke. The good part is, when it is still volatile is that some organization is not in control over bitcoin and that alone would be the basis that investors are the sole barometer on the changing of bitcoin price.

zarados

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precisely, which makes bitcoin very popular among traders, especially day traders or active traders is at its volatility. With that, people can use it to make a profit. In addition, bitcoin is also favored because the price continues to move up, although there is a slight correction, still more dominant prices have increased from the decline. This year, the price of bitcoin has increased very significantly and arguably has exceeded the normal or reasonable limits. But that's cryptocurrency. The normal and reasonable profit wasn't its religion.

benmartin613

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Bitcoin volatility comes up with ups and downs, it has its good effect when the price is going upwards traders benefits from it and if the price is down traders buy a lot of bitcoin and sell it when the price is high.

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Volatility is not inherently malevolent by any means. Those that complain about it's volatility are most likely not seeing bitcoin in the proper light; these people have definitely not benefited to the fullest that the volatility offers. As long ass you are not playing a short-term game with bitcoin you shouldn't be too worried about the volatility. Anyone that has held bitcoin for more than a year at any given point is thanking the stars for the volatility bitcoin brings to their pocket, because all considered, the volatility has been a blessing and more often than not it's bullish!

I would expect to see increased volatility for the next few years and especially over the next few months because of the bitcoin future stuff and multiple forks approaching. This is a good thing, because it means there's increased interest, investment and effort being put into bitcoin; it does mean we'll have to deal with the congested network issues, though.

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That volatility feature of bitcoin is not a bad thing, instead it is a great feature that bitcoin has. This is the reason why people here in bitcoin are successful. If the bitcoin value from $6,000 increases to 16,000 then that is a big opportunity to all of us, and that volatility is not a bad thing and this success is not a bad thing also.

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Quote from: Hydrogen on December 08, 2017, 05:59:08 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

It happens to be based on the perceptions of a user. Everything has a positive and negative side. if you will look at it in a oositive way, surely, it won't be a bad thing such that investing when the value is falling would yield to huge profit. But if you will look at it as a risk, well it will obviously a disadvantage.

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Quote from: gilangIDR on December 09, 2017, 11:26:52 PM

Quote from: richardsNY on December 08, 2017, 06:40:09 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.

Volatility is a thing that can not be eliminated in the digital currency, especially bitcoin. Volatility exists due to the demand factor of bitcoin users. This is a matter that is becoming a commonplace, even for a trader then something like Volatility is the one who can give them a profit. Volatility does have a negative side, but Volatility also has a positive side. All this we live use as possible because if we can use it well then this will be very extraordinary.

I think your right mate, we can't eliminate volatility in crypto currency system. As per observation some capitalist are happy when volatility happen because they can treat as opportunity to trade and increase the value of their investment, while in others volatility was a sick that can affects to destroy their investment.

For me it depends on how they can handle it, because there's no wrong thing if they know how to handle situations. Since volatility is unexpectedly coming the best thing we can do for now is to be ready.

bitcoinbox

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So far so good

No doubt it is! Lots of people would like to invest in Bitcoin but they hate gambling. And at the moment, investing in BTC is gambling.
Would you like your boss paying your salary in Bitcoin?

unknown-user

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Quote from: Hydrogen on December 08, 2017, 05:59:08 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

I think, it is. Its volatility is what making Bitcoin risky as an investment. Its market value changes a lot including backdrops in a sudden. Even if its market value risies after the backdrops, the problem is we don't know until when will it continue that way. So i think volatikity is a bad thing which serves as risk.

mongkie

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Quote from: Hydrogen on December 08, 2017, 05:59:08 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

high volatility is one of the good characteristic of bitcoin because anytime it can surpass its all time high.

steam must create nor adopt a cryptocurrency that best suites its need.

gilangIDR

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Quote from: richardsNY on December 08, 2017, 06:40:09 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.

Volatility is a thing that can not be eliminated in the digital currency, especially bitcoin. Volatility exists due to the demand factor of bitcoin users. This is a matter that is becoming a commonplace, even for a trader then something like Volatility is the one who can give them a profit. Volatility does have a negative side, but Volatility also has a positive side. All this we live use as possible because if we can use it well then this will be very extraordinary.

Magic Sarap

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Quote from: Hydrogen on December 08, 2017, 05:59:08 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

In my opinion it is not a bad thing. I am an investor who takes advantage of its volatility. Volatility in Bitcoin refers to change on its market value. The way I benefit is buying when its market price is falling and then buying or investing as its price rises. Maybe for some people it is a bad thing, especially to users.

goldade

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The Standard Protocol - Solving Inflation

The volatility of bitcoin is of a great advantage to all and sundry that uses bitcoin. It is this volatility of bitcoin that made it possible for bitcoiners to hold bitcoin and make profits just by holding bitcoin for some time.

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