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Topic: Price stability (Read 5035 times)

full member
Activity: 126
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September 22, 2015, 09:37:31 AM
#80
I think the high fluctuation in bitcoin price is due to the fact that some of early buyers have much more percentage of bitcoin who are quite active in like week or monthly trading. Who when sells in bigger amount price get down drastically. With the increasing no. of bitcoin trader this problem will be solved when bitcoin will be distributed to greater number of hands.
full member
Activity: 210
Merit: 100
September 22, 2015, 02:04:45 AM
#79
Eventually everyone who is interested in trading bitcoins will trade bitcoins and we will see a stabilization of price, with regular market fluctuations.  Anybody hazard a guess what sort of value that will be?  tens?  Hundreds?  Thousands?  BILLIONS?

As far as I know there is no stability on prices, everything will change, like properties, cars, and others there prices may rise up in the future but except for some cars their value will degrade specially when there are new models of it that is released in the market.  And also biticoin I know the prices are going to rise up and down over time it is important that you understand how it runs so that to avoid bankruptcy.
legendary
Activity: 896
Merit: 1000
September 17, 2015, 05:01:09 PM
#78
Some people say stable price is boring and some people they want stable bitcoin price so that they can do business for bitcoin. But everybody's wish is raising price.

it's like the weather. people are never satisfied. to me personally it would be much better to have a stable but slowly rising price. but then it isn't very interesting anymore for a lot traders. we do need to keep a constant amount of fiat comming into the bitcoin economy to maintain a certain price.
member
Activity: 98
Merit: 10
September 17, 2015, 11:10:09 AM
#77
min. 200$ - max. 230$ for a while. Bitcoin doing good. I like unstability as long as it goes upwards in general. Other than that, a good slow rise in price is better than anything.
means that now the price is very normal, because the current price reaches $ 233 / 1 bitcoin  Smiley
legendary
Activity: 2996
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Leading Crypto Sports Betting & Casino Platform
September 17, 2015, 06:48:17 AM
#76
Some people say stable price is boring and some people they want stable bitcoin price so that they can do business for bitcoin. But everybody's wish is raising price.
hero member
Activity: 560
Merit: 500
September 17, 2015, 05:57:31 AM
#75
Stability is boring, and boring makes people leave Bitcoin. And when no one use it, the price will going down.
So, just be happy with the situation now Wink

not sure it will make people leave bitcoin.

if anything, wild price instability (causing people to lose money) is probably more responsible for people leaving btc, and then probably badmouthing it to everyone they know to stay away
legendary
Activity: 3276
Merit: 2442
September 17, 2015, 05:56:48 AM
#74
min. 200$ - max. 230$ for a while. Bitcoin doing good. I like unstability as long as it goes upwards in general. Other than that, a good slow rise in price is better than anything.
hero member
Activity: 952
Merit: 503
September 17, 2015, 05:43:02 AM
#73
Stability is boring, and boring makes people leave Bitcoin. And when no one use it, the price will going down.
So, just be happy with the situation now Wink
legendary
Activity: 1386
Merit: 1058
September 17, 2015, 04:16:03 AM
#72
If more Bitcoin holders use Bitcoins to buy and sell goods rather than to stockpile Bitcoins in a speculative fashion, then the value of a Bitcoin will become more stable

Bitcoin is not designed for stable price at least for next 140 years or till all 21M coins mined out. More bitcoin users are only possible with booming bitcoin prices. Basic idea of Satoshi : Early adoption of bitcoin for price boom. Later people will realize it's real usage to adopt. So, price fluctuation is it's design criteria. A price fall is a buying opportunity.
klf
legendary
Activity: 1344
Merit: 1000
September 14, 2015, 08:59:54 PM
#71
If more Bitcoin holders use Bitcoins to buy and sell goods rather than to stockpile Bitcoins in a speculative fashion, then the value of a Bitcoin will become more stable
member
Activity: 84
Merit: 10
August 21, 2015, 03:25:25 PM
#70
Bitcoin will not be stable for years and I think its a good thing.
i also feel that Bitcoin can not become a stable currency.
It's value will always remain fluctuating.

it does not matter if its value will always fluctuate, because with better adoption that fluctuation will be always and always more tiny, that's the whole point of going mainstream

small spread are accepted even in fiat, so why no with bitcoin?

Of course, it will change. People do it specifically for financial gain.
hero member
Activity: 854
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JAYCE DESIGNS - http://bit.ly/1tmgIwK
August 21, 2015, 11:40:06 AM
#69
Looks like the 5th scaremongering thread in the "Economics" sector.

Well I already told my opinion in the others, but what I tell here is this.

There is a liquid market depth for bitcoin, and if any imbalance is found (too much sellers), it will be balanced by market forces, and big whales will buy up all coward's sell orders (who panic-quit from bitcoin) and then they will hold bitcoin cheaper at a better price.

Just when bitcoin reaches 10,000€ don't cry like a baby that you sold at 200€, because we told you so that this is just a market manipulation to remove weak players from the game.
legendary
Activity: 1834
Merit: 1008
August 20, 2015, 12:02:40 PM
#68
Eventually everyone who is interested in trading bitcoins will trade bitcoins and we will see a stabilization of price, with regular market fluctuations.  Anybody hazard a guess what sort of value that will be?  tens?  Hundreds?  Thousands?  BILLIONS?

I think that Bitcoin will rise in price after the collapse of the European Union

See the todays price drop from around 260+ to 200 range and now around 230+. No stability in bitcoin prices

Yes the price is going down that hard but it doesnt mean that there is no stability? For past few months or years I guess the price is never hit below 230, it should rise again. And that is how bitcoin stable price, you should stack it while the price is lower  Grin
member
Activity: 98
Merit: 10
August 20, 2015, 10:16:14 AM
#67
stable prices that bitcoin think $ 350
to date prices dropped and hope it will go up
member
Activity: 70
Merit: 10
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August 19, 2015, 10:33:15 AM
#66
hmmppp.... sometimes grow up sometimes price down,
stability, what the standard price if have price stability...
but can not predictable about the price..
hero member
Activity: 994
Merit: 1000
PUGG.io
August 19, 2015, 09:33:05 AM
#65
One thing is for sure,
as time goes by,
the price of bitcoin
will surely become high.
Haha, well said! Grin I hope so and wait for it

This is the mentality that always comforts me, if you look at the historic pattern of Bitcoin, those who have held for very long periods of time (several years) have always done well.
Yes I also don't wanna sell my Bitcoins.
Because I don't wanna look stupid just like the guy who brought $10 million pizza.
hero member
Activity: 578
Merit: 554
August 19, 2015, 03:45:20 AM
#64
One thing is for sure,
as time goes by,
the price of bitcoin
will surely become high.
Haha, well said! Grin I hope so and wait for it

This is the mentality that always comforts me, if you look at the historic pattern of Bitcoin, those who have held for very long periods of time (several years) have always done well.
member
Activity: 70
Merit: 10
August 19, 2015, 03:31:49 AM
#63
One thing is for sure,
as time goes by,
the price of bitcoin
will surely become high.
Haha, well said! Grin I hope so and wait for it
legendary
Activity: 3248
Merit: 1070
August 19, 2015, 02:18:07 AM
#62
Eventually everyone who is interested in trading bitcoins will trade bitcoins and we will see a stabilization of price, with regular market fluctuations.  Anybody hazard a guess what sort of value that will be?  tens?  Hundreds?  Thousands?  BILLIONS?

I think that Bitcoin will rise in price after the collapse of the European Union

See the todays price drop from around 260+ to 200 range and now around 230+. No stability in bitcoin prices

only because there are many fud lately because of all the issue related to the block size, i'm sure when this whole mess will be settled bitcoin will find its place again, it should become stronger

i hope there will not be any other major fork like this, because everytime it causes big damage, like this one
legendary
Activity: 1456
Merit: 1023
August 19, 2015, 01:47:17 AM
#61
Eventually everyone who is interested in trading bitcoins will trade bitcoins and we will see a stabilization of price, with regular market fluctuations.  Anybody hazard a guess what sort of value that will be?  tens?  Hundreds?  Thousands?  BILLIONS?

I think that Bitcoin will rise in price after the collapse of the European Union

See the todays price drop from around 260+ to 200 range and now around 230+. No stability in bitcoin prices
hero member
Activity: 994
Merit: 1000
August 19, 2015, 01:41:24 AM
#60
I think real stability (where the price of bitcoin does not fluctuate more than a percentage point or 2 per year) is still years away. Bitcoin cannot stabilise and grow rapidly at the same time that's a contradiction in terms.

that kind of stability is not years away, but light years away. people will use bitcoin more and more to pay for things. most of these coins get sold nearly instantly. there is and will always be pressure on the price.

yeah transactions may increase, but just know that its still used for gambling mainly.

if you see 90% of the transactions its going to a dice site for gambling lol. there was a coindesk article on this in 2013ish? not sure if I can find it again..

reason being that gambling world displayed most acceptance to btc when it first came in, and thus they got associated becoming more popular, mostly gamblers becoming new btc users and new btc users trying to gamble Tongue The business was benefiting both parties and hence, there were more transactions limited to gambling only, but the market has expanded and I think the numbers might have dropped significantly.
sr. member
Activity: 252
Merit: 250
August 18, 2015, 09:11:05 PM
#59
I think real stability (where the price of bitcoin does not fluctuate more than a percentage point or 2 per year) is still years away. Bitcoin cannot stabilise and grow rapidly at the same time that's a contradiction in terms.

that kind of stability is not years away, but light years away. people will use bitcoin more and more to pay for things. most of these coins get sold nearly instantly. there is and will always be pressure on the price.

yeah transactions may increase, but just know that its still used for gambling mainly.

if you see 90% of the transactions its going to a dice site for gambling lol. there was a coindesk article on this in 2013ish? not sure if I can find it again..
legendary
Activity: 1582
Merit: 1064
August 18, 2015, 07:37:53 PM
#58
Well in the last 6 months and more Bitcoin is getting quite stable in comparison with the early period of his existence, and in comparison with 1 or 2 years ago too.

That is true. In fact, Bitcoin is exactly where it was 6 months ago (at $230 levels).
But still, you can see daily moves which are close to double digit percentages. This sort of volatility is not good for a currency.
hero member
Activity: 560
Merit: 500
August 17, 2015, 08:26:07 PM
#57
Eventually everyone who is interested in trading bitcoins will trade bitcoins and we will see a stabilization of price, with regular market fluctuations.  Anybody hazard a guess what sort of value that will be?  tens?  Hundreds?  Thousands?  BILLIONS?

I think that Bitcoin will rise in price after the collapse of the European Union

I think in other way round. Bitcoin price will raise or stabilize only when more people start holding bitcoins and more businesses start accepting coins for purchases. No need to wait for some one to collapse.

I'm not sure more businesses taking btc will translate to price increase. Every time a large company (overstock, dell, etc) have stated to take btc the price has gone down. Probably cause they just instantly cash put. Until they can hold and utilize the btc directly, I don't think it will translate to price going up
full member
Activity: 138
Merit: 100
August 17, 2015, 06:56:03 PM
#56
Well in the last 6 months and more Bitcoin is getting quite stable in comparison with the early period of his existence, and in comparison with 1 or 2 years ago too.
legendary
Activity: 1876
Merit: 1005
August 16, 2015, 05:28:02 AM
#55
Eventually everyone who is interested in trading bitcoins will trade bitcoins and we will see a stabilization of price, with regular market fluctuations.  Anybody hazard a guess what sort of value that will be?  tens?  Hundreds?  Thousands?  BILLIONS?

I think that Bitcoin will rise in price after the collapse of the European Union
That will never happen at least in 50 years.Bitcoin has nothing with EU,USA or African/Asian economies.Bitcoin price with remain between 250-300$ for long period.Till it it not being used by vast majority it's price will always have stability problem.The little investors will loose in pumps and whale will make profit from each pump.
legendary
Activity: 1456
Merit: 1023
August 15, 2015, 11:24:04 PM
#54
Eventually everyone who is interested in trading bitcoins will trade bitcoins and we will see a stabilization of price, with regular market fluctuations.  Anybody hazard a guess what sort of value that will be?  tens?  Hundreds?  Thousands?  BILLIONS?

I think that Bitcoin will rise in price after the collapse of the European Union

I think in other way round. Bitcoin price will raise or stabilize only when more people start holding bitcoins and more businesses start accepting coins for purchases. No need to wait for some one to collapse.
legendary
Activity: 1400
Merit: 1001
August 14, 2015, 12:16:34 PM
#53
Eventually everyone who is interested in trading bitcoins will trade bitcoins and we will see a stabilization of price, with regular market fluctuations.  Anybody hazard a guess what sort of value that will be?  tens?  Hundreds?  Thousands?  BILLIONS?

I think that Bitcoin will rise in price after the collapse of the European Union
Oh, really? Do you realize the problems which will arise after something like that happen? Not to mention EU bubble is one of the biggest in the world. And bigger the bubble, the longer it takes to collapse.
If we are talking about Euro it could take hundred of years for it to fall. After all the dollar has had a hundred years of global hegemon status. I am not sure if there will be bitcoin anymore at that time.
sr. member
Activity: 266
Merit: 250
August 14, 2015, 11:48:46 AM
#52
Volatility will only get better with more user adoption and better coin distribution.
Exactly adoption will have direct impact on the price stability, as more users starts using bitcoins, it will attract higher prices and higher stability, or else the situation would be the same in the coming years, and we are looking forward for more price stability in the bitcoins.

Why do you think that higher the prices and higher will be the stability Huh

The prices were also high at the end of year 2013 but the prices didn't remained there,  because stability was not present at that time.
And stability will only come after wide acceptance in my opinion.
The whales made a good amount of profit by manipulating the bitcoin prices and cashed out.
So that's why the prices were high at that time and now there is no new news to support Bitcoin prices so they are low.
hero member
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PUGG.io
August 11, 2015, 12:23:39 PM
#51
Volatility will only get better with more user adoption and better coin distribution.
Exactly adoption will have direct impact on the price stability, as more users starts using bitcoins, it will attract higher prices and higher stability, or else the situation would be the same in the coming years, and we are looking forward for more price stability in the bitcoins.

Why do you think that higher the prices and higher will be the stability Huh

The prices were also high at the end of year 2013 but the prices didn't remained there,  because stability was not present at that time.
And stability will only come after wide acceptance in my opinion.
hero member
Activity: 784
Merit: 500
August 06, 2015, 08:07:35 AM
#50
Volatility will only get better with more user adoption and better coin distribution.

Exactly adoption will have direct impact on the price stability, as more users starts using bitcoins, it will attract higher prices and higher stability, or else the situation would be the same in the coming years, and we are looking forward for more price stability in the bitcoins.
hero member
Activity: 994
Merit: 1000
August 06, 2015, 05:12:03 AM
#49
I think real stability (where the price of bitcoin does not fluctuate more than a percentage point or 2 per year) is still years away. Bitcoin cannot stabilise and grow rapidly at the same time that's a contradiction in terms.

that kind of stability is not years away, but light years away. people will use bitcoin more and more to pay for things. most of these coins get sold nearly instantly. there is and will always be pressure on the price.
i think that the price will become more stable as bitcoin becomes more mainstream and the trade volume becomes stable to an extent, and most of the coins have been mined.
hmm....... That means you are talking of around the year 2140.
I doubt that you will remain alive till then

The only reason bitcoin is volatile is not because volatility is one of its properties but because how it is currently treated in the market. There are a lot of factors which influence the price of bitcoin, but actually bitcoin is less volatile than all the fiat currencies which have ever existed and will be. Also, after 21 million bitcoins have been mined, everybody knows that more bitcoins cannot be generated but the network also needs to be secure, right? Incentive for mining might decrease, but the generation of new blocks is very necessary to provide the network-distributed ledger of transactions which is publicly available. Miners will still be able to turn a profit from transaction fees.
full member
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August 05, 2015, 08:28:16 PM
#48
Volatility will only get better with more user adoption and better coin distribution.
legendary
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August 05, 2015, 10:26:52 AM
#47
The stability of bitcoin price always be a issue that cause some people dont want to get into bitcoin, which it can make them confuse about its value when they will buy something or do transaction. But in other case, most traders take the advantage of fluctuation bitcoin price to earn profit in trading.
sr. member
Activity: 266
Merit: 250
August 05, 2015, 09:39:21 AM
#46
I think real stability (where the price of bitcoin does not fluctuate more than a percentage point or 2 per year) is still years away. Bitcoin cannot stabilise and grow rapidly at the same time that's a contradiction in terms.

that kind of stability is not years away, but light years away. people will use bitcoin more and more to pay for things. most of these coins get sold nearly instantly. there is and will always be pressure on the price.
i think that the price will become more stable as bitcoin becomes more mainstream and the trade volume becomes stable to an extent, and most of the coins have been mined.
hmm....... That means you are talking of around the year 2140.
I doubt that you will remain alive till then
sr. member
Activity: 364
Merit: 250
August 04, 2015, 08:56:07 PM
#45
I think real stability (where the price of bitcoin does not fluctuate more than a percentage point or 2 per year) is still years away. Bitcoin cannot stabilise and grow rapidly at the same time that's a contradiction in terms.

that kind of stability is not years away, but light years away. people will use bitcoin more and more to pay for things. most of these coins get sold nearly instantly. there is and will always be pressure on the price.
i think that the price will become more stable as bitcoin becomes more mainstream and the trade volume becomes stable to an extent, and most of the coins have been mined.
legendary
Activity: 1610
Merit: 1183
August 04, 2015, 06:22:24 PM
#44
I think real stability (where the price of bitcoin does not fluctuate more than a percentage point or 2 per year) is still years away. Bitcoin cannot stabilise and grow rapidly at the same time that's a contradiction in terms.

that kind of stability is not years away, but light years away. people will use bitcoin more and more to pay for things. most of these coins get sold nearly instantly. there is and will always be pressure on the price.
I think light years is far fetched. We may start seeing a solid price at about 2030 when we surpass Berkshite Hathaway Class A share and 1 BTC becomes the most expensive share to own ever in the history of mankind with a marketcap of hundred of billions marching to the trillions as we engulf former dinosaurs such as Mastercard, Visa and Paypal.

legendary
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August 04, 2015, 01:50:21 PM
#43
I think real stability (where the price of bitcoin does not fluctuate more than a percentage point or 2 per year) is still years away. Bitcoin cannot stabilise and grow rapidly at the same time that's a contradiction in terms.

that kind of stability is not years away, but light years away. people will use bitcoin more and more to pay for things. most of these coins get sold nearly instantly. there is and will always be pressure on the price.
sr. member
Activity: 350
Merit: 250
August 04, 2015, 01:44:35 PM
#42
Only patience will bring price stability. Let things develop naturally and fiat money will find its way inside the Bitcoin ecosystem. As long as the software keeps betting better and fiat keeps scamming people it will happen sooner or later.

If you mean good trade, demand and supply and mass adoption as 'naturally', I think yes Tongue Every time I think about the future, I think the crypto and fiat currency co exist and used equally, and there is value of both equally. Maybe bitcoin changes completely or fiat evolves tremendously, but they both will somehow either be best friends or be the worst enemies on an economic war.
in my opinion Bitcoin and fiat can never be friends.
As Bitcoin was made for those who doesn't love banks and the fiat system.
Future of earth is Bitcoin man.

Harharhar specified the fact that in order to fit in and not get completely eliminated, fiat must evolve as a currency and that is the only way both of them can co-exist. If not, it will totally be bank vs people and when the real fight matters, people will run for their money rather than fighting for it and destroying such financial institutions. Realistically, I think both will co exist and rather, be friends later.
member
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August 04, 2015, 01:43:40 PM
#41
Eventually everyone who is interested in trading bitcoins will trade bitcoins and we will see a stabilization of price, with regular market fluctuations.  Anybody hazard a guess what sort of value that will be?  tens?  Hundreds?  Thousands?  BILLIONS?

I think that Bitcoin will rise in price after the collapse of the European Union
sr. member
Activity: 392
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August 04, 2015, 01:34:38 PM
#40
Bitcoin will never have a fair distribution of the price because fairness is impossible unless you regulate the price itself with artificial regulations. Since that isnt happening the best you can hope for is that the price gets redistributed after a couple of bubbles bursting and therefore whales selling their coins in panic sell phases, going to less fortunate hands.


There's no such thing as fair distribution. Wealth distribution has never been fair, this is the very nature of free markets.
legendary
Activity: 868
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August 04, 2015, 12:23:59 PM
#39
Bitcoin will never have a fair distribution of the price because fairness is impossible unless you regulate the price itself with artificial regulations. Since that isnt happening the best you can hope for is that the price gets redistributed after a couple of bubbles bursting and therefore whales selling their coins in panic sell phases, going to less fortunate hands.
sr. member
Activity: 266
Merit: 250
August 04, 2015, 09:28:19 AM
#38
Only patience will bring price stability. Let things develop naturally and fiat money will find its way inside the Bitcoin ecosystem. As long as the software keeps betting better and fiat keeps scamming people it will happen sooner or later.

If you mean good trade, demand and supply and mass adoption as 'naturally', I think yes Tongue Every time I think about the future, I think the crypto and fiat currency co exist and used equally, and there is value of both equally. Maybe bitcoin changes completely or fiat evolves tremendously, but they both will somehow either be best friends or be the worst enemies on an economic war.
in my opinion Bitcoin and fiat can never be friends.
As Bitcoin was made for those who doesn't love banks and the fiat system.
Future of earth is Bitcoin man.
hero member
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August 04, 2015, 07:12:30 AM
#37
Only patience will bring price stability. Let things develop naturally and fiat money will find its way inside the Bitcoin ecosystem. As long as the software keeps betting better and fiat keeps scamming people it will happen sooner or later.

If you mean good trade, demand and supply and mass adoption as 'naturally', I think yes Tongue Every time I think about the future, I think the crypto and fiat currency co exist and used equally, and there is value of both equally. Maybe bitcoin changes completely or fiat evolves tremendously, but they both will somehow either be best friends or be the worst enemies on an economic war.
sr. member
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AltoCenter.com
August 04, 2015, 05:34:23 AM
#36
As long as the community stays in one piece, this bitcoin and bitcoin tech will endure. And it will become stabilized at some point.
sr. member
Activity: 350
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August 04, 2015, 03:33:00 AM
#35
While this is an overall good thing, the market cap of Bitcoin is not high enough yet to promote a stable economy. It will continue to scale as more and more capital is invested into the economy.

Bitcoin's market cap is $ 4,095,759,915 and I do agree, it might not be a very huge market cap, but the other cryptos are nowhere close to btc. But if you compare that with currencies, you will understand why there is a bigger competition and bigger problems to face for bitcoin as compared to other currencies. More capital investment will bring more stability, but will not completely disappear fluctuations.
sr. member
Activity: 392
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August 04, 2015, 03:13:35 AM
#34
And you think something like the USD is stable..

People are becoming poorer whilst their salaries increase slower than the rate at which prices of everything else increases. Meanwhile, more QE just flows straight back to the rich people. Wealth distribution is appalling.

Whilst you think fiat currencies are stable, they are anything but. Just look at DXY for instance, in particular the 1980s'.
full member
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August 03, 2015, 03:24:44 PM
#33
While this is an overall good thing, the market cap of Bitcoin is not high enough yet to promote a stable economy. It will continue to scale as more and more capital is invested into the economy.
hero member
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August 03, 2015, 03:05:49 PM
#32
In the billions now and still not very stable.  Forex is a trillion dollar market and even that has been manipulated by traders.  I think wild swings will get less frequent as volume increases, but not disappear from the realm of possibility.

That sounds like an accurate assessment but it needs a caveat that wild swings will likely still exist due to trading maniuplation as the amount of interested parties increase.
It will be interesting since it opens up all the additional pairings of Altcoins that are based on Bitcoin to market trading and pairings which could cause random unpredictable spikes to Bitcoin itself in correlation to them.
hero member
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Me, myself and I
August 03, 2015, 06:15:31 AM
#31
When bitcoins are distributed to more people who use them for shopping, the price of bitcoin will be more stable.
If more people use bitcoin for shopping of course price will up. i mean much transaction made of course need many bitcoin more people using bitcoin of course market would be active and price will go up and price will not stable
member
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August 03, 2015, 05:02:26 AM
#30
Eventually everyone who is interested in trading bitcoins will trade bitcoins and we will see a stabilization of price, with regular market fluctuations.  Anybody hazard a guess what sort of value that will be?  tens?  Hundreds?  Thousands?  BILLIONS?

I don't really understand the logic in this. For the price to remain stable there will need to be an equal number of people buying and selling bitcoins constantly. I think the price will always fluctuate and that can be either a good or bad thing. Hopefully one day it will just slowly increase in value as more and more people get on board though.
legendary
Activity: 3248
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August 03, 2015, 04:53:54 AM
#29
When bitcoins are distributed to more people who use them for shopping, the price of bitcoin will be more stable.

i think the price will distribuite it better the more the price will be high the less manipulation and more adoption you will see, this is why the price is important

so we need a better price first if you want staability, you can't have stability with 4B market cap...
sr. member
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August 03, 2015, 04:28:30 AM
#28
With this kind of economy, bitcoins are well-distributed.
I don't think that Bitcoin are well distributed as the early players or miners have gained a lot of profit and still getting profit with bitcoin but who came late are just using signature campaign to get some Satoshi.

And if Bitcoin would have been distributed so good then there would not have been creation of bubbles.
hero member
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Buy and sell bitcoins,
August 02, 2015, 07:59:51 PM
#27
When bitcoins are distributed to more people who use them for shopping, the price of bitcoin will be more stable.


I know some people that sell their bitcoins when it hit $300 or above. With this kind of economy, bitcoins are well-distributed.
sr. member
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August 02, 2015, 07:52:08 PM
#26
When bitcoins are distributed to more people who use them for shopping, the price of bitcoin will be more stable.
legendary
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August 02, 2015, 07:35:29 PM
#25
Eventually everyone who is interested in trading bitcoins will trade bitcoins and we will see a stabilization of price, with regular market fluctuations.  Anybody hazard a guess what sort of value that will be?  tens?  Hundreds?  Thousands?  BILLIONS?
Bitcoins: if the price hasn't changed by more than 15% in the past 60 minutes, it's stable Cheesy
no kidding. From a market that swings 50 dollars easy, anything seems stable
hero member
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August 02, 2015, 12:23:36 PM
#24
Every time we think BTC is stabilizing, it proves us wrong again and again. Atleast the daily volatility is decreasing, I imagine in the distant future it will stabilize.
sr. member
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July 29, 2015, 06:44:08 PM
#23
I think real stability (where the price of bitcoin does not fluctuate more than a percentage point or 2 per year) is still years away. Bitcoin cannot stabilise and grow rapidly at the same time that's a contradiction in terms.
hero member
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July 28, 2015, 09:38:30 AM
#22
Only patience will bring price stability. Let things develop naturally and fiat money will find its way inside the Bitcoin ecosystem. As long as the software keeps betting better and fiat keeps scamming people it will happen sooner or later.
hero member
Activity: 560
Merit: 500
July 28, 2015, 07:46:29 AM
#21
From the last year trading data, even people that not expert on trading money or index can said that bitcoin already stabile for alt payment specially for online market and have liquidity to get more investor who want make money on this bitcoin market..

And no need to scare about price fluctuate in this 2 months, because not even bitcoin but others money have big and significant fluctuate..

But last i hope this bitcoin will always have stabilize price curent position...
legendary
Activity: 3248
Merit: 1070
July 28, 2015, 01:32:09 AM
#20
Bitcoin will not be stable for years and I think its a good thing.
i also feel that Bitcoin can not become a stable currency.
It's value will always remain fluctuating.

it does not matter if its value will always fluctuate, because with better adoption that fluctuation will be always and always more tiny, that's the whole point of going mainstream

small spread are accepted even in fiat, so why no with bitcoin?
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
July 27, 2015, 09:40:11 PM
#19
It can never be stable because it is decentralised so there is no single or government entity that can intervene and no central bank if price is in freefall or it is going up too fast. It is the wild west of where currency is concerned and with whales manipulating the price in a free market environment it can go anywhere at any time. We would need a lot of smaller long term holders to keep the price stability and that could take a few years if not decades.
sr. member
Activity: 294
Merit: 250
July 27, 2015, 09:33:31 PM
#18
One thing is for sure,
as time goes by,
the price of bitcoin
will surely become high.
i hope so
but the reality is the rate is going up and down ;(
hero member
Activity: 994
Merit: 1000
PUGG.io
July 27, 2015, 12:30:29 PM
#17
Bitcoin will not be stable for years and I think its a good thing.
i also feel that Bitcoin can not become a stable currency.
It's value will always remain fluctuating.
sr. member
Activity: 249
Merit: 250
July 25, 2015, 05:56:41 PM
#16
Some people might argue however that price stability is a prerequisite for a flourishing economy. I'm not saying that I agree with that position, but it's something to consider.
legendary
Activity: 1372
Merit: 1123
July 25, 2015, 04:30:58 PM
#15
Bitcoin will not be stable for years and I think its a good thing.
legendary
Activity: 1204
Merit: 1028
July 24, 2015, 10:37:50 AM
#14
Imho, bitcoin price will never be stabile on the level that major fiats are (and not even them are too stabile). But it will help if we reach a level where people
will stop having the "need" to dump their coins in order to pay for a service or purchase of some goods.

When this happens, it will probably make people want to use bitcoin as a store-of-value of sorts, which will then trigger much higher prices and larger marketcap,
which then ultimatively results in much lower oscillations upon large cashouts and price manipulation.

I also think it will never be stable. The stability of fiat currencies are achieved because of manipulation, it's an artificial one. With BTC you get what you see, which means to get real stability you need a bigger marketcap, and it will come. But the price will keep growing and growing for 100+ years as long as the supply isn't fully minted. If you look at the log graph you can see BTC is always growing, and what a coincidence, right when it started to go down on that graph, the price started recovering... it's just amazing.
hero member
Activity: 521
Merit: 500
July 24, 2015, 09:36:11 AM
#13
Imho, bitcoin price will never be stabile on the level that major fiats are (and not even them are too stabile). But it will help if we reach a level where people
will stop having the "need" to dump their coins in order to pay for a service or purchase of some goods.

When this happens, it will probably make people want to use bitcoin as a store-of-value of sorts, which will then trigger much higher prices and larger marketcap,
which then ultimatively results in much lower oscillations upon large cashouts and price manipulation.
newbie
Activity: 108
Merit: 0
July 24, 2015, 07:44:41 AM
#12
If there is a way that bitcoin price can be manipulated, believe me, it will be no matter what. People want to earn money no matter what, they don't care about bitcoin stability for that sake.
For now we need a one big whale to shake the market and cause people to panic. In the future it could be harder to achieve, but if you think there won't be any crazy rich people interested in manipulation of btc, you are wrong.
Yes, most ppl come to bitcoin just for the profits, not caring about the technical things. But when bitcoin's infrastruction is gradually improving, until being mature. The bitcoin's supply and demand is equal. Bitcoin is recognized as global currency. Once ppl dump it, others will quickly buy it. So no one will be able to crash it.
legendary
Activity: 1862
Merit: 1004
July 24, 2015, 06:44:26 AM
#11
If there is a way that bitcoin price can be manipulated, believe me, it will be no matter what. People want to earn money no matter what, they don't care about bitcoin stability for that sake.
For now we need a one big whale to shake the market and cause people to panic. In the future it could be harder to achieve, but if you think there won't be any crazy rich people interested in manipulation of btc, you are wrong.
legendary
Activity: 3248
Merit: 1070
July 24, 2015, 06:42:59 AM
#10
In the billions now and still not very stable.  Forex is a trillion dollar market and even that has been manipulated by traders.  I think wild swings will get less frequent as volume increases, but not disappear from the realm of possibility.

he was talking about the price of a single btc, probably...

OP the price will reach stability when:

1) the total amount of coin will be vastly divided between many people like 1B, this will ensure that noe single ghuy will manipulate the market

2) the demand and the supply will remain equal, with a slightly inclination toward demand to favor a slow climbing , for the time being...

I'm not agree if no one can manipulate market why price pump fast and then dumb fast too. My opinion that's like manipulate

if everyone were holding 1 btc and the price was around 100k per coin at least, how the hell a single guy can manipulate the market? even if we take bill gates he need an enormous amount, that will put him at risk of losing everything
hero member
Activity: 574
Merit: 500
July 24, 2015, 06:19:25 AM
#9
I'm not agree if no one can manipulate market why price pump fast and then dumb fast too. My opinion that's like manipulate
When the coin' cap increases a lot and the large amount fo coins spread among the most ppl, until then ppl aren't easily manipulating the market, like the gold, dollare, euro etc. So the price will incline to be stable.
hero member
Activity: 714
Merit: 500
Me, myself and I
July 24, 2015, 06:02:43 AM
#8
In the billions now and still not very stable.  Forex is a trillion dollar market and even that has been manipulated by traders.  I think wild swings will get less frequent as volume increases, but not disappear from the realm of possibility.

he was talking about the price of a single btc, probably...

OP the price will reach stability when:

1) the total amount of coin will be vastly divided between many people like 1B, this will ensure that noe single ghuy will manipulate the market

2) the demand and the supply will remain equal, with a slightly inclination toward demand to favor a slow climbing , for the time being...

I'm not agree if no one can manipulate market why price pump fast and then dumb fast too. My opinion that's like manipulate
legendary
Activity: 3248
Merit: 1070
July 24, 2015, 05:50:28 AM
#7
In the billions now and still not very stable.  Forex is a trillion dollar market and even that has been manipulated by traders.  I think wild swings will get less frequent as volume increases, but not disappear from the realm of possibility.

he was talking about the price of a single btc, probably...

OP the price will reach stability when:

1) the total amount of coin will be vastly divided between many people like 1B, this will ensure that no single guy will manipulate the market

2) the demand and the supply will remain equal, with a slightly inclination toward demand to favor a slow climbing , for the time being...
legendary
Activity: 896
Merit: 1000
July 24, 2015, 05:18:17 AM
#6
In the billions now and still not very stable.  Forex is a trillion dollar market and even that has been manipulated by traders.  I think wild swings will get less frequent as volume increases, but not disappear from the realm of possibility.

current market cap of a few billion is nothing. even when the market cap increases to maybe 25 billion, that's still won't make bitcoin stable. money moves everything.
legendary
Activity: 1582
Merit: 1006
beware of your keys.
July 24, 2015, 04:05:17 AM
#5
i don't sure if the stability status for now is good.
because the bitcoin is still spreading on, without the help of newcomers, the high bitcoin price would be unstable, could be even down to zero.
what we need is to promote bitcoin to the place where needs economic freedom.
full member
Activity: 164
Merit: 100
July 24, 2015, 03:32:39 AM
#4
One thing is for sure,
as time goes by,
the price of bitcoin
will surely become high.
legendary
Activity: 1386
Merit: 1016
July 24, 2015, 03:03:23 AM
#3
Eventually everyone who is interested in trading bitcoins will trade bitcoins and we will see a stabilization of price, with regular market fluctuations.  Anybody hazard a guess what sort of value that will be?  tens?  Hundreds?  Thousands?  BILLIONS?
More ppl are involving in bitcoin trading, which means bitcoin market has more liquidity, the price tends to be more stable, like forex market!
hero member
Activity: 546
Merit: 501
July 24, 2015, 02:51:57 AM
#2
In the billions now and still not very stable.  Forex is a trillion dollar market and even that has been manipulated by traders.  I think wild swings will get less frequent as volume increases, but not disappear from the realm of possibility.
newbie
Activity: 33
Merit: 0
June 08, 2011, 11:09:37 AM
#1
Eventually everyone who is interested in trading bitcoins will trade bitcoins and we will see a stabilization of price, with regular market fluctuations.  Anybody hazard a guess what sort of value that will be?  tens?  Hundreds?  Thousands?  BILLIONS?
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