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Topic: Is Bitcoin Volatility A Bad Thing? - page 38. (Read 3781 times)

member
Activity: 266
Merit: 10
December 09, 2017, 11:04:18 PM
#40
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
When it comes to btc volatility or money that have a resistant to flow. It is not bad to a person who is able to handle it purposely because a wise person should lead into successful and progressive life in able on how he could mannaga his own money. Its become bad when people cant abuse the volatile money in able to grant his own wants and make a nonesence thing that leads into destracktion.
member
Activity: 118
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December 09, 2017, 10:56:01 PM
#39
Bitcoin volatility seems to be good for investor of its price increases and it investors feel it bad when its price falls down.But new investors feel totally opposite to this since they could buy cheap bitcoins when its price falls and feels irritated when its price rises so that they could not buy it.
member
Activity: 434
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December 09, 2017, 03:45:14 PM
#38
I think it isn't a bad thing for those who know how to handle it. But for those who are having financial crisis I think it's a bit stressful.
Volality is a good thing because it's profitable. On the contrary, it's a bit unfair realizing that you have spent a decent amount of BTC but presently gaining high value and now you are struggling to save some.

Bitcoin volatility is not bad after all. Its the thrilling and exciting part for all of the investors relying in bitcoin. I know it has an advantage about being its volatility. If the price decrease we all can benefit. We can buy then wait for the price to increase. Then holding more bitcoin for a long a term provide us the opportunity to increase its growth. Without any doubt, the volatility of bitcoin, is not a problem as long as you know how to handle things right.
hero member
Activity: 2828
Merit: 518
December 09, 2017, 03:15:23 PM
#37
Volatility effect of bitcoin, plays a big role in gaining profit. Because of this thing, we have given a chances to earned more rather than of having a stable price. Fluctuation of bitcoin price will always occurs from time to time, and  we should take advantage on this. Because, the more prices swing the more chances we sell it for a high value.
It really hard for the new comers on this kind of events because they are not familiar with the flow of bitcoin price in the market and they can't certainly predict the right time to buy and sell coins.
hero member
Activity: 616
Merit: 603
December 09, 2017, 01:57:30 PM
#36
Huge price swigs have been there since the beginning, but the percentages have been dropping year after year. The reason for this high volatility is because it's unregulated by any financial or Government body that can control how much can be bought or sold in a day or week. The high volatility can be both a good and a bad thing depending on market situations. Since most have mentioned about the ill-effects of it already in here, I'll go ahead with the positive aspects of it.

The positive aspect of the huge price volatility is that you're now a part of a high risk high reward investment. If you feel that's there's going to be good news tomorrow (for example your country's going to regulate bitcoins instead of banning them, so now you know more people can buy it safely without worrying about any issues) then you can probably make a lot by longing today and shorting few days after the price increase. You've now taken a high risk and your gamble has earned you a lot, some of which now you'll pay taxes for and the remaining are your large profits. This is probably the reason why many speculators are interested in investing in Bitcoin cause they have this guilty feeling that "If I had invested back in 2010, I'd have been a millionnaire. Hence, if I invest now, I'll probably be making millions in few years".

But, like all derivatives, once there's a lot of inflow and outflow, stability builds up in price and the variances tend to reduce over time. It's all a matter of patience and the rewards will be fruitful.
sr. member
Activity: 308
Merit: 250
December 09, 2017, 01:45:07 PM
#35
I think volatility  is not good thing to bitcoin,especially when it is catching up with general investors and public.Too much volatility is good for gamblers and traders (manipulators) .Investors always looks for stable growth,how ever smaller it may be.They will stay away if the volatility is very high
full member
Activity: 343
Merit: 124
December 09, 2017, 01:35:55 PM
#34
Yes, Volatility of bitcoin is indeed unhealthy. The ascendance in the value should be gradual and not steep and immediate. When this happens there will certainly be a lot of benefits initially to the investors when they sell it. But will they trade in? The moment they trade they would discover their losses in profit margin. But if they retain, there will come a point of way too high demand for a bitcoin. This will gradually cause a loss of interest in people due to its high value. A market price for a product will remain more or less constant with minor fluctuations over a period of say some months. And if a purchase is made through a bitcoin worth $6000 then in a few months the consumer realizes that he had actually paid $10000 for the same product!

The Volatility of bitcoin runs diametrically opposite the depreciation value of a product once bought. From an investor's point of view certainly it will reap enormous benefits when traded. But this is not a healthy structure for the economy or business to run. The worth of a product and the amount you pay for it never meet.

You end up paying exponentially for a simple value. It would be like buying a laptop by giving a large piece of land or a property. The value of the laptop gets depreciated from the moment it is bought but in return the maker gets an investment of a lifetime!

Except for trading for the larger society as such, a small volatility especially in the ascendance is a bait and will create interest, but extreme fluctuations will only cause apprehension and will make markets move away from bitcoin. The whole purpose was to make it a transparent and open currency system. Like in any market, if the value of a currency keeps soaring high then it will become too precious for the use of public. A steady increment in the value is always healthier for the society at large.
legendary
Activity: 2128
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There is trouble abrewing
December 09, 2017, 10:07:26 AM
#33
Steam dropped bitcoin support citing "high volatility" as a motive.

where did you see that?
as far as i know Steam dropped support for bitcoin because the transaction fee was so huge, a normal transaction could cost $15 and that is bigger than most items on Steam Store ($9.99 items for example!).

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

high volatility is only good for traders. because they have so many moves to take advantage of and make profit from.
other than that, volatility is no good. specially when you are talking about something that is supposed to be a currency, ie. bitcoin!
sr. member
Activity: 1400
Merit: 283
December 09, 2017, 09:59:35 AM
#32
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
Atually no, i think that if bitcoin was not this volitale it wouldn't be so popular, when bitcoin first launched a few pople knew about it and that is due to the fact that it did not have a high price like today, and since it is started rising more poeople got intressted in it and more invesstments were acomplished and this lead to the price rising even more and the market becoming more and more volitiale, just look at what happend this year people were using bitcoin gained a 1000% profit just by saving it, no investment no tricky stuff just by putting it in a wallet and letting it sit there, anyone who does not know about bitcoin hears about this for sure he is going to invest in it, so i am pretty sure that more will come as bitcoin keeps on rising.
sr. member
Activity: 1274
Merit: 263
December 09, 2017, 09:54:30 AM
#31
if we're talking about the volatility in traders perspective it should not be a problem,
just like what he said about amazon stocks that went up from $18 to around $1200 over the years.
even in our view it's a good thing not a bad thing,
but bear it in your mind,volatility is a good thing for traders because with it we can make a profit.
on the other hand it's not a good thing for Bitcoin itself if we want to implement it in our real life.
in a simple way,
Amazon stocks only can be used to value it not to use it in our real life,
but Bitcoin is different,we want to use it in our real life or we should say it a currency that we want to use.
the more volatility it become the harder it will be,
just imagine if someone want to buy a console from store 'A' when he buy it the price drop 50% from its average price,
does not that mean the its value will be decreased ?
because of it,there'll be a fear inside their mind whenever they're using it to pay something or to do something.
full member
Activity: 1834
Merit: 166
December 09, 2017, 09:48:38 AM
#30
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
In my opinion volatility is not a bad thing in bitcoin as it is the main feature which make this digital currency distinctive from others. But in some cases it proves out to be the worst thing like steam one of the largest online video games platform ban accepting bitcoin because of the high transaction fees and it's volatility as when the price fall without any control they incurr loses so that's why it proves fatal for them but for investors it attracts them as they can make early profits by price hype. So the opinions vary according to the needs of community but personally i don't think it as a bad feature but a great one.
newbie
Activity: 47
Merit: 0
December 09, 2017, 09:31:27 AM
#29
I think the bitcoin volality is not bad at all, it must be negative and positive, so does volality, you just do not have to buy bitcoin when you're not sure what you want, it's the same as turnaround, like the bitcoon price we know day is changing
hero member
Activity: 644
Merit: 500
December 09, 2017, 08:09:59 AM
#28
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
To me that is just an excuse, it seems they are not keeping their bitcoin and instead selling immediately and now are sour grapes they need to sell their games for a very low amount of bitcoin, so if they dropped the support at the end that is their problem, they are going to resume it when there are more people using bitcoin.
Lol, yes that’s the issue will h some of them that are complaining about Bitcoins high rate of Volatility, but there are people who are not in that kind of situation but still complains about Bitcoins high volatility, and you know why? Because some of them are worried that one day Bitcoin will drop and fall heavily to a lower price rate.
member
Activity: 308
Merit: 12
December 09, 2017, 05:14:17 AM
#27
Change in financial assets from time to time is what we called volatility. Just like bitcoin, its value changes overtime. Sometimes its value is very high, but sometimes low. Its good when bitcoin volatility is high, so it means that its value is also rising, but can also drop to a low value. But if its value become stable and continues to go up, then theres nothing to be afraid of.


full member
Activity: 377
Merit: 100
MenaPay - Crypto made easier than cash
December 09, 2017, 04:59:08 AM
#26
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
Sort of, because for some investors it is especially to those who jist buy and store for a long period of time but for those who are actively buying, they are taking advantage if is volatility such that buying whenever its value is falling and then selling whenever its price is rising. So maybe it is just a matter of perspectives. But surely it will be better if Bitcoin will have a highly stable market price.
hero member
Activity: 866
Merit: 1001
December 09, 2017, 04:53:45 AM
#25
Volatile isn't bad or evil it is because some participants in the market can't stomach such moves and as a result you see these bigger companies trying to appease the small guy. With high volatility comes great risk but also comes great rewards. That is why some players like this and some participants don't like this. Hence also why I think less big sharks got into Bitcoin at the beginning because of this. Wait until the futures market comes out in a week a lot more sharks are going to jump on board and it isn't because Bitcoin wasn't always a good asset it is because they can now have multiple ways to play the market which is what the big guys like.
Yes bitcoin volatility is here after going to reach new heights.As the bitcoin futures contract is cash settled,there would be huge manipulation in bitcoin price.Big whales would play their big game.Thereis a great chance of possible crash like what happened in tulips.
hero member
Activity: 1274
Merit: 516
December 09, 2017, 01:01:00 AM
#24
Volatility in decentralised currency is a good thing, it's mean there are balance between demand and supply, it makes a healthy transaction activity, and volatility is the time for traders make profit, so I think volatility is the sign of good coin
full member
Activity: 364
Merit: 127
December 09, 2017, 12:55:06 AM
#23
When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing?

Its a good thing for amazon since their profit ratio jumped also, not just amazon but also other companies as well.

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?

Holders of bitcoin gained a lot form bitcoin volatility and its a good thing for people who uses the market a lot.

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

I dont think that ive read any good argument about that but there are some online articles about that which i find it not really on point to be arguable.


member
Activity: 329
Merit: 10
December 09, 2017, 12:32:32 AM
#22
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

not a bitcoin price increase is not bad, bitcoin is a digital currency that can make it easy to pay for all transactions without having to meet the person directly and it is safe, if steam and amazon have started using bitcoin as their payment method it is very good because it can trigger a price increase bitcoin.
hero member
Activity: 3080
Merit: 603
December 09, 2017, 12:27:35 AM
#21
Where does the idea of high volatility being an unnecessary evil come from?
I don't know where did this idea of volatility became unnecessary evil came from. Maybe it became from those big investors or professional financing experts since they are all relying to centralized government.

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

The chances of high value of something (bitcoin) going down to it's bottom pit.

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?

It's not a bad thing if the direction is only going up and those people who are calling it bad or warning people about it are the ones that never rode that increase.
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