Is bitcoin volatility here to stay? - page 13.

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Quote from: franklin2058 on June 28, 2019, 03:08:04 PM

I am a strong believer in HODL. I expected bitcoin volatility decreases as time goes by, I totally didn't expect such big price change in the past several days.

Is bitcoin volatility here to stay and not decrease?

Don't shoot the messenger, okay?

As I have a really bad message for you. Volatility is not just here to stay, it is likely to increase if we expect the prices to rise in the future (with adoption rates negligible). Bitcoin has limited supply which can't possibly be increased following the rise in prices (as is the case with gold, for example). Higher prices bring more volatility, and that seems to be a kind of dead end for Bitcoin. This phenomenon is real as proven in late 2017 and being proved again now

All in all, it means that at higher prices the market supply will reveal a tendency to decrease, which will lead to higher levels of volatility (contrary to popular belief). In fact, this is exactly what we see with prices above 10k right now. There is neither supply nor demand in sufficient amounts but a lot of space for volatility instead, which will only expand further at higher prices in the lack of real adoption (which could wind it down a little)

tetyulfania

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Have small hope with bitcoin raised up later, just several days bitcoin look higher and always profitable if you invest your money on bitcoin than you choose altcoin as your assets.

suythan

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Quote from: elda34b on June 28, 2019, 11:32:58 PM

Volatility is related to volume. If the volume is not that big, volatility will likely stay. Bitcoin and crypto is still a small market, as others mentioned. Volume is not as big as other major market, which is why 'p&d' could happen easily, simply because there's still relatively 'low' demand and supply.

With that being said, I do believe in the next few years, if the market grow positively, we probably could see the volatility to be much smaller, just like any other currency market.

Quote from: Rufsilf on June 28, 2019, 11:31:47 PM

Volatility is already in bitcoins nature and volatility is also the main reason why investors are interested and invested in bitcoin because it can give big rewards. Also its volatility being normal or in it’s nature that means that there is no way it will decrease or be removed.

There is no 'volatility' in Bitcoin 'nature'. They exist on the market.

oh

BennyK

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The volatility of Bitcoin will be there in the future because Bitcoin price is moved by the demand level on the market. And since Bitcoin is decentralized, no centralized authoritative body have full capabilities of causing stabilized price. The value and price is always determined by the activities of traders, holders and investors of Bitcoin although their activities are sometimes triggered by external factors such as news from influential personalities.

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My question is – how did the volatility affect you? Did you make profit or you made loss? What’s your reason for saying that you don’t like the volatility ? If you just hate the volatility for no reasons then you don’t even know what you’re saying .before you started investing your money in Bitcoin didn’t you know that Bitcoin is volatile? Or didn’t anyone tell you that? I don’t even think you’re a newbie, though your accounts States so ,but whether newbie or not you’re already aware of that and shouldn’t v complaining.

Maybe you’re saying this because you lost money ,’cause I’m very sure that if the volatility worked in your favor and you made hundreds of thousand dollars you wouldn’t be here saying that you hate volatility. You only hate volatility because you lost. Crypto investment is not meant for everyone ,if it’s not working out for you then you should quit and look for something else to do. It must not be in favor of you, that is why you’re being told that there are risks involved in trading crypto. You better quit if you can’t take the risk instead of complaining .

nightxglow

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I think bitcoin volatility will stay because there are still many amount of people that's new into bitcoin and there are also many that leave. The price will change following the demand and supply right? If the demand is high and the supply is low, then bitcoin price will increase. And if this happens continuously, then it will always increase and maybe the volatility will decrease little by little. But for now, bitcoin is not stable yet, and the volatility is actually one of bitcoin uniqueness that makes people get interested in bitcoin because the price can get high and down drastically and make people curious and want to get into this world.

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Quote from: hahay on August 18, 2019, 07:36:37 AM

I think volatility will still be there maybe in the future it will decrease but not so sure either because the value of bitcoin moves on demand and again bitcoin is not centralized. So that way, the crypto market will still have high volatility, so if you expect a more stable coin like this is not possible because this is a market that at least volatility will always be there.

Volatility will sure disappear because the amount of Bitcoin is limited, and as demand increase, supply decreases, closing the gap between both and then reducing the level of volatility that we have in the market.

The reason why volatility is still much now is because there is still enough bitcoin supply in the market and the price is still very cheaper for people to buy and sell, imagine that 1 bitcoin cost like 1 million dollars in future, how many people would be able to afford this, and how many quantity of bitcoin would they be able to buy at once to manipulate the market, not even the rich man will be able to buy more than what they can afford, so don’t think volatility will not reduce, it will sure reduce overtime, and the time it will reduce depends on how fast adoption can be.

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Quote from: slaman29 on August 18, 2019, 11:04:22 AM

Quote from: hahay on August 18, 2019, 07:36:37 AM

I think volatility will still be there maybe in the future it will decrease but not so sure either because the value of bitcoin moves on demand and again bitcoin is not centralized.

You're sort of missing the point about volatility concerns then. The whole reason those regulators are worried about bitcoin is because they THINK Bitcoin is somehow controlled and having its price manipulated by whales who own maybe 20% of the entire bitcoin circulation in the world.

And to be fair they have a point. If Bitcoin was fully decentralized then no whale or exchange can control the price.

no wonder if whales can control prices, they have 20% of circulation, I think if bitcoin can be accepted in most countries in the world, then there is no more whales, but maybe a strong country can change control

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Quote from: bryant.coleman on August 18, 2019, 10:07:30 AM

Is Bitcoin volatility such a bad thing?

It wasn't because BTC can be both a good currency and investment at the same time.
If people will not use BTC because they are worried of its volatility then we can find a solution for that, the LN would be a good one though.
On the other hand, for people who are willing to invest, volatility would not be problem, besides this volatility that we are witnessing has been serving different users in the space, especially the day traders.

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Quote from: timotron on August 18, 2019, 04:33:56 AM

Quote from: franklin2058 on June 28, 2019, 03:08:04 PM

[snip]

I hope the volatility stays for long, its the best playground I ever had.

Why thinking it wouldn't, of course it will!. Volatility in price of bitcoin or even any other alts in the market is already in its nature. Yeah this is one of his attributes we really love the most and I'm sure it will stay for a very long time unless btc finally meet its final supply; that will be a different story since the demand will surely matters by that time. But anyway, don't worry either because it will take more than our lifetime (in our generation at least Grin

) to reach the hard cap, it was estimated to reach in 2140. So you still have plenty of time to make the most of your holdings

.

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Quote from: hahay on August 18, 2019, 07:36:37 AM

I think volatility will still be there maybe in the future it will decrease but not so sure either because the value of bitcoin moves on demand and again bitcoin is not centralized.

You're sort of missing the point about volatility concerns then. The whole reason those regulators are worried about bitcoin is because they THINK Bitcoin is somehow controlled and having its price manipulated by whales who own maybe 20% of the entire bitcoin circulation in the world.

And to be fair they have a point. If Bitcoin was fully decentralized then no whale or exchange can control the price.

bryant.coleman

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Is Bitcoin volatility such a bad thing? BTC has been in existence for 3,800+ days. Out of this number the prices went up 92% of the time. That means that for every single day the prices went down, there were on average 11 days when the prices went up. Most of those who invested in Bitcoin ever since 2009 ended up in profit and the few exceptions remain for those who purchased during the 4th quarter of 2017.

There is a reason for Bitcoin volatility. Investment assets (such as equities and real estate) tend to be more volatile when compared to the currencies. And nowadays, Bitcoin is mostly used as an investment asset, rather than for usage as a payment method. I have never seen anyone complaining that equities are volatile. Because in the end most of those who invest in them are going to end up with a profit.

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Quote from: timotron on August 18, 2019, 04:33:56 AM

Quote from: franklin2058 on June 28, 2019, 03:08:04 PM

I am a strong believer in HODL. I expected bitcoin volatility decreases as time goes by, I totally didn't expect such big price change in the past several days.

Is bitcoin volatility here to stay and not decrease?

I hope the volatility stays for long, its the best playground I ever had.

But I thing, has the Cap of BTC grows, we will lose volatility. The bigger the cake is, the less you fell a missing portion.
I remember some hacks back the time where BTC price fall really hard, non days the price dont give a F**K about hacks...

But we will see in the coming future Cheesy

Earlier those hacks causing a price drop is a way of manipulation by the whales. These days what we encounter in the market is clearly transparent and users were much used to it. This is the prime reason for bitcoin to be strong even when there is more news related to cryptocurrency hacks around.

Another important thing is the responsibility from the exchanges. Recent one being the binance hack, the authority itself revealed official statements of providing funds to users who lost from the exchange. If the authorities haven't provided with such a support surely whales could've used it a way to shatter the market at least to a small level.

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Bitcoin volatility is a main feature of crypto, so it will be with us for a very long time in my opinion

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I think volatility will still be there maybe in the future it will decrease but not so sure either because the value of bitcoin moves on demand and again bitcoin is not centralized. So that way, the crypto market will still have high volatility, so if you expect a more stable coin like this is not possible because this is a market that at least volatility will always be there.

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Quote from: franklin2058 on June 28, 2019, 03:08:04 PM

I am a strong believer in HODL. I expected bitcoin volatility decreases as time goes by, I totally didn't expect such big price change in the past several days.

Is bitcoin volatility here to stay and not decrease?

I hope the volatility stays for long, its the best playground I ever had.

But I thing, has the Cap of BTC grows, we will lose volatility. The bigger the cake is, the less you fell a missing portion.
I remember some hacks back the time where BTC price fall really hard, non days the price dont give a F**K about hacks...

But we will see in the coming future Cheesy

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Quote from: MidnightWolf on July 28, 2019, 04:58:59 AM

There is a time when I try to guess what will happen with Bitcoin, when it reaches its maximum value and remains at a stable price. What will users of cryptocurrency do then? Who will need a bitcoin with a huge price if it is not used anywhere. It seems to me that it will be very good if Bitcoin is used to transfer money in a business where transactions with large amounts of money take place.

So far, there is no chance that Bitcoin will become less volatile in price in the future than now. This is a huge advantage of bitcoin and other decentralized cryptocurrencies and at the same time its biggest disadvantage. The great volatility of bitcoin really prevents its widespread use in business, especially where transactions are long-term in time. At the same time, the volatility of Bitcoin is not too pronounced where the transaction from the moment of the agreement to the transaction and before the implementation occurs relatively quickly.
Bitcoin and other cryptocurrencies are still in a state of development and we still cannot say how it will end.

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Quote from: franklin2058 on June 28, 2019, 03:08:04 PM

I am a strong believer in HODL. I expected bitcoin volatility decreases as time goes by, I totally didn't expect such big price change in the past several days.

Is bitcoin volatility here to stay and not decrease?

Yes, here to stay for a long while. Bitcoin volatility is a result of Bitcoin fundamental value drivers (varying supply and demand on an open market).
This is no stablecoin with pegged value, nor a stock tied to a company's future revenues.
How much volatility? Hard to predict. There is no reliable VIX to Bitcoin, but could change if ETFs are introduced (feel free to correct me if wrong here).
Long-term (10 to 20yr plus) is likely the volatility could be lower, due to block reward halving and stabilization of new supply vs existing supply.

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Quote from: MidnightWolf on July 28, 2019, 04:58:59 AM

There is a time when I try to guess what will happen with Bitcoin, when it reaches its maximum value and remains at a stable price. What will users of cryptocurrency do then? Who will need a bitcoin with a huge price if it is not used anywhere. It seems to me that it will be very good if Bitcoin is used to transfer money in a business where transactions with large amounts of money take place.

Just think of it a bit more. How can something be highly priced and stable at that price if it's not used anywhere? I know it's a popular opinion that Bitcoin is just a speculative asset, but, in fact, this is not the case. Crypto gambling industry alone has a large volume of usage, and of course it's not the only place where BTC is used currently. Read a fresh article from the link below to learn more.

https://www.lifewire.com/big-sites-that-accept-bitcoin-payments-3485965

Many people, including me, believe that Bitcoin will be used much more in the future, and that with wider adoption the price of BTC will rise. But it will never be stable because Bitcoin is not regulated by banks and governments, and that's rather a good thing.

MidnightWolf

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There is a time when I try to guess what will happen with Bitcoin, when it reaches its maximum value and remains at a stable price. What will users of cryptocurrency do then? Who will need a bitcoin with a huge price if it is not used anywhere. It seems to me that it will be very good if Bitcoin is used to transfer money in a business where transactions with large amounts of money take place.

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