I would agree with other opjnions here, more adoption should steady volatility.
There will always be fluctuations because of human activity related to bitcoin
but as the future plays out huge swings should reduce because of greater population
Topic: More people More volatility - page 4. (Read 626 times)
1.19 on Bitcoin Historical Volatility Index on Bitmex. Yesterday, we reached the lowest level from 01/2017 (0.67)...
The interest will come back when Bitcoin'll break its triangle.... Upwards or downwards, but probably not before.
The interest will come back when Bitcoin'll break its triangle.... Upwards or downwards, but probably not before.
BTC volatility reaches a minimum of three months!
This is the result of some decline in demand and lack of manipulation, but it is not for long.
With long-term investments, the volatility of BTC can be ignored, since such investors are interested in the value trend.
This is the result of some decline in demand and lack of manipulation, but it is not for long.
With long-term investments, the volatility of BTC can be ignored, since such investors are interested in the value trend.
More traders = More volatility so more people doesn't means that it will be highly volatile.We can see two type of volatile in the bitcoin prices which is daily swing and huge bump and dump the traders are the reason why the prices were swinging which is the major problem for the bitcoin to be accepted as currency and the dump and bump were initiated by the whales,if more people adopted to bitcoin then the whales bitcoin will be diluted among the world.
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.
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.
Hi remember bitcoins is based on demand and supply, if more people jump in it'll exceed supply that means prices shall rise as there is more demand but less supply. Now if you believe that with the inclusion of more people selling it'll fluctuate you're wrong, it takes massive coins selling to create a dump and not all can buy one bitcoins, remember when one's selling someone is buying too, so more money is flowing in. In short I don't believe mass adoption will cause fluctuations.
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.
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.
Assuming that each person acts independently, more adoption lowers volatility.
Imagine that a person claps their hands each time they perform an action that affects Bitcoin. If there are 1, or 10, or even 100 people, then you will hear each clap. However, you cannot hear individual claps if there are a million people. You can only hear white noise.
Bitcoin started off a tiny piece of plankton being sucked around by currents, maybe now it's a wee rowboat being smacked by the waves, by the time it's everywhere it'll be a supertanker with all the sluggishness that entails.
The more people and money that pour in, the steadier it becomes. One person who tries to initiate a major move will be eaten alive by thousands attempting to capitalise on it. In the great scheme of things volatility has barely wound down, but the potential number of people involved now may only be 1-2% of the future total.
I doubt it'll ever be steady enough for a pure BTC economy if people still have bills and costs to meet in USD, but then again I'm not convinced it'll ever be a currency.
The more people and money that pour in, the steadier it becomes. One person who tries to initiate a major move will be eaten alive by thousands attempting to capitalise on it. In the great scheme of things volatility has barely wound down, but the potential number of people involved now may only be 1-2% of the future total.
I doubt it'll ever be steady enough for a pure BTC economy if people still have bills and costs to meet in USD, but then again I'm not convinced it'll ever be a currency.
If there are so many people using it on a daily basis, won't the volatility cause huge fluctuations in it's price ?
that 21M would be sufficient to circulate if we do base up the number of users will really be in full extent. Some or most people do like adoption but they didn't able to foreseen on how it would work
if we do come into that point.
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.
Conclusions from the comments
Conclusion 1 : More people is not equal to more volatility but more active traders = more volatility
Conclusion 2 : More people involved in bitcoin will mean that the supply of BTC will be well spread among each other and hence volatility will decrease.
Thanks for taking part in the discussion.
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.
Conclusions from the comments
Conclusion 1 : More people is not equal to more volatility but more active traders = more volatility
Conclusion 2 : More people involved in bitcoin will mean that the supply of BTC will be well spread among each other and hence volatility will decrease.
Thanks for taking part in the discussion.
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