More people More volatility - page 2.

Ferki

member

Activity: 266

Merit: 25

Quote from: Eraldo Coil on October 09, 2018, 02:01:44 AM

I agree, more people more volatility like we can't really know what will the price, when will it grow or decrease. More people means bitcoin will last longer. More people means price will unpredictable and the system will grow.

It´s opposite,more acceptance brings more people who get involved and more people brings more stability to Bitcoin and that means less volatility.Just wait till more banks join this train.

crossabdd

legendary

Activity: 1316

Merit: 1145

that's what is still being discussed. because of price volatility so it does not have a definite price basis. I think Bitcoin is actually just an example of a decentralized currency. and blockchain is real technology. but because bitcoin is already popular and widely used. then the state acts. the biggest problem now to be received in each country is because of its anonymous characteristics and volatility, so that bitcoin cannot penetrate the global official market. and become real currency.

kvipcn

member

Activity: 255

Merit: 12

Quote from: Eraldo Coil on October 09, 2018, 02:01:44 AM

I agree, more people more volatility like we can't really know what will the price, when will it grow or decrease. More people means bitcoin will last longer. More people means price will unpredictable and the system will grow.

How does more people cause an increase in the volatility of Bitcoin? More people using Bitcoin will cause and bring some kind of stability to the market value of Bitcoin, the price of Bitcoin is determined by the rate of demand and supply. With an increase number of people, both the demand and supply rate will increase causing some kinda equilibrium thereby stabilizing the price.

Babylon

hero member

Activity: 938

Merit: 500

CryptoTalk.Org - Get Paid for every Post!

I think it is true more people or investor more volatility ,
Because there would be more people in the market more people who could dump or pump the market.

kvipcn

member

Activity: 255

Merit: 12

One thing people don't get and understand about Bitcoin is that, once Bitcoin is been accepted and adopted as a mode of payment and an recognized currency worldwide, its volatility nature will be no more. The Bitcoin system will be somehow stable since a lot of people are using it for their transactions.

coolcoinz

legendary

Activity: 2814

Merit: 1192

Quote from: Slow death on October 08, 2018, 04:07:17 PM

Quote from: coolcoinz on October 08, 2018, 03:52:57 PM

More people does not mean more volatility. It's exactly the opposite. More people mean better distribution and this counteracts volatility.
If you have 100 units of something and 20 belongs to 1 person, 30 to another person and the rest is distributed among 5 other people. If each of these smaller holders sells the price will already move by a lot (10%) and if one of the big holders sell you could have a 30% swing. But what if each person got 1. 1 person selling would only mean a 1% move.

but the problem with bitcoin and altcoins is that there are many people who buy many coins and there are many people who buy few coins each person and this makes a small group own more than 80% of the existing coins. When such institutional investors enter the cryptos market, they will own enormous amounts of coins, they and a very small group that bought many coins to years ago will be the kings

The way distribution works is that in time some of those big holders will spend their coins. There's no use in holding coins forever. When you spend to buy a house or whatever it is that you need the coins will slowly become spread between many other people. It's a long process but it is a sure and steady one.
You're saying that many people buy few coins. It's true, but with the growth of value 1 coin will become divided between more and more people. There will always be whales but it's better to have that 50% not owned by whales distributed among 10 million people than 1 million.

Sebas.tian

full member

Activity: 2254

Merit: 188

Hire Bitcointalk Camp. Manager @ r7promotions.com

Having more people in this space does not necessarily mean that volatility will increase too. The market will remain divided into two--seller and buyer-- at any given instant. The buying power is also not the same for everyone.

Eraldo Coil

member

Activity: 448

Merit: 10

I agree, more people more volatility like we can't really know what will the price, when will it grow or decrease. More people means bitcoin will last longer. More people means price will unpredictable and the system will grow.

Kakmakr

legendary

Activity: 3542

Merit: 1965

Leading Crypto Sports Betting & Casino Platform

You have it the wrong way around. The more distributed bitcoins are the less the volatility. Imagine this scenario to explain it :

Let's say, 1000 people own 80% of all the coins and 20% is distributed amongst the rest.. would you think that the 1000 people would be able to cause a lot more volatility when they dump a large amount of bitcoins on the market or when the 20% drop their coins?

When you distribute more bitcoins evenly amongst millions of people, these people own less coins and they do not have the power to manipulate the price. Grin

signup01

sr. member

Activity: 602

Merit: 250

Quote from: serjent05 on October 08, 2018, 03:12:54 PM

It is true. Since the value is very unstable, a person who decides to use bitcoin as a mean of payment must also take a risk and embrace this fact. Actually in the example you’ve cited it is not much a problem to market goods for bitcoin as payment, in my point of view, automatic conversion will do just like in fiat to local currency. This thing will only cause confusion to the costumers so if I will be asked, it still depend on the person if he is willing to take the risk or not.

every investor or person who will start investing by understanding and understanding with all the risks that will be obtained so that investors may be more confident and believe in what we will invest

colmenajose

newbie

Activity: 278

Merit: 0

I doubt that there is a great stability in a cryptocurrency, however, Bitcoin has remained in a band that generated some confidence in comparison with other cryptocurrencies. The fact that more and more people join Bitcoin, I think it will generate more confidence and, therefore, will improve the price of this cryptocurrency. Volatility is inevitable, it is part of the nature of cryptocurrencies.

Indrawan77

hero member

Activity: 1274

Merit: 516

This is a complex situation, logically with more users we will end up with more stability, so let say you want to sell your btc and it causing the price down, but when a bunch of other people ready to buy the price is going up again, so the volatility can't be avoided but with mass adoption the price will be more stable, and with more stable price hopefully it can be adopted by stores

Naughty Princess

full member

Activity: 952

Merit: 107

Quote from: kickdapa on October 08, 2018, 04:54:18 PM

I can't agree with you, sorry! Because I think it's opposite. More good People more stable or more high price will happen for Bitcoin. I mentioned good people because we don't need fudder or quick money earner! They are not helpful for the crypto community, Quick or panic sellers are one of the reasons for the Volatility. If experienced and big investors come in the cryptocurrency platform and if they invest here their money and knowledge, I think bitcoin price will be high with stability.

This happen when people learn how to work with their investment and study the market well to understand the volatility. More people might cause for stability because some will sell and some gonna buy but the price still remain as it is because the supply is enough. Volatility will remain when there is panic sellers and investors that take chance to buy more.

xfaqs01

full member

Activity: 490

Merit: 100

Quote from: ngm22585 on October 08, 2018, 03:29:46 PM

I think the many stablecoin projects popping up are a result of the volatility issue, and could help to solve that aspect.

volatility is normal in a new technology it will settle its price 5 or 10 years from now i think, but for now volatility is a friend to many like me as a day trader, thats where we maximize our profit the most.

DPrillio

full member

Activity: 693

Merit: 100

Quote from: bloodyvio on October 08, 2018, 06:54:28 PM

but not everyone wants to sell their bitcoin
and there will always be a buy wall
don't think about more people more volatility
adoption requires many people to use bitcoin

I think its true that more people will increase the crypto volatility but it doesn't mean volatility is not good because the fact that its the main effect of a decentralized system, having more individuals in crypto world will contribute the movement of the market either to low and high and vice versa, volatility is an opportunity to make us profitable.

bloodyvio

full member

Activity: 546

Merit: 102

but not everyone wants to sell their bitcoin
and there will always be a buy wall
don't think about more people more volatility
adoption requires many people to use bitcoin

BETAWI

sr. member

Activity: 518

Merit: 250

I think that your opinion is correct. that there will always be fluctuations due to activities or actions that humans do related to bitcoin. And that is still fair. As time goes by, let time answer all this.

Osamede

jr. member

Activity: 55

Merit: 1

When adoption grows higher, volatility will certainly drop. the much of price volatility at this stage is as a result of huge discrepancies between buyer and sellers. the tide easily swings to one direction because there are fewer player. That will not be the case when there are much persons.The buy-sell order will reach an equilibrium that is difficult to shift in a particular direction, more like a stale mate.

mohammedmattar

member

Activity: 448

Merit: 20

Quote from: hasmukh_rawal on October 08, 2018, 12:25:22 PM

Lets assume bitcoin makes it through all the barriers and survives the rules and regulations of the governments and yet is decentralized.
It is widely adopted and many people have started to use it. Bitcoin has grown to thousands/millions of dollars in price causing huge volatility.

If there are so many people using it on a daily basis, won't the volatility cause huge fluctuations in it's price ?
If bitcoin has such huge volatility how will it be able to sustain it's price ? The fluctuations in price will cause problems to merchants.
So according to what I think, if there is not a solution to volatility then BTC cannot be used on a regular basis for payments in various places of the world.

Eg: One day I go and check a guitar's price about $100 and then a week later I go to purchase it just to notice that I would have to pay more BTC this time just because of the drop in bitcoin's price.

There is one part in your analysis that needs to be corrected
If correct, the picture will be completely clear
If the expected adoption occurred and the number of users increased significantly
Will make the impact on the price very difficult
It will require compatibility of large numbers of users
This, of course, is very difficult

in contrast now , some whales can direct the market.

b3llsf1l3s

member

Activity: 616

Merit: 12

Send&Receive Money Instantly, w/ no hidden costs

in my opinion, what happened is even the opposite, with the existence of crypto and blockchain distribution evenly, the volatile level will decrease, this is the same as what happened at FIAT. if only certain groups use it, it will easily damage market prices

Topic: More people More volatility - page 2. (Read 647 times)