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Topic: PRICE-VOLATILITY VERSUS PRICE-STABILITY (Read 226 times)

jr. member
Activity: 56
Merit: 3
ONNI COIN! The New Paradigm!
June 04, 2018, 10:07:30 AM
#16
Apparently, there are comparable demands for price-volatility and traders have to be taken into account. Most users aim to trade/exchange at one point or another. Perhaps a 'logical' price volatility has many advantages. But not to ignore the ordinary users who need their coins to be price-stable so they can keep some, invest in more and use some to be conducting routine/regular business, shopping, etc without incessant minute-by-minute day-by-day large swings. Can traders be happy if the swings/fluctuations/volatility find moderation in weekly, monthly or even every three days?
full member
Activity: 236
Merit: 100
Presale is live!
The price of bitcoins will start to rise soon most probably by july there will be a huge leap in the crypto market, early investors on bitcoins have predicted that there are possibility for the prices to hit $ 50000 USD soon which will be a good sign for all investors and for all those who are investing on the bitcoins at the moment. Due to volatility in the crypto market some fear to take the step to invest on the bitcoin network, there are no chance for price stability in the bitcoins market due to high demand for bitcoins and every day new users are entering the bitcoin market which makes the price to go up so less chance for stability in the market.
newbie
Activity: 154
Merit: 0
to act as a currency bitcoin needs to become stable. and when that happens it will also eliminate all the newbies who want to become rich with bitcoin in a short time and it turns into more like a Forex market investment instead of a wild market with a lot of profit and loss.
so I think the preference of everyone should be to have a stable bitcoin. but this will take a long time because to become stable bitcoin needs to first become mass adopted so that the adoption rate drops and the market grows. for now the adoption rate is high and because of that we will see this kind of huge volatility.

Bitcoin needs to have a stability price when it is legalized and becomes a national currency exchange  investors and traders are most likely spend thier time to always going to run the business smooth flows.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
to act as a currency bitcoin needs to become stable. and when that happens it will also eliminate all the newbies who want to become rich with bitcoin in a short time and it turns into more like a Forex market investment instead of a wild market with a lot of profit and loss.
so I think the preference of everyone should be to have a stable bitcoin. but this will take a long time because to become stable bitcoin needs to first become mass adopted so that the adoption rate drops and the market grows. for now the adoption rate is high and because of that we will see this kind of huge volatility.
sr. member
Activity: 1344
Merit: 261
Both is a must, Volatility is a big help in the marker, if it goes high then its the perfect time to make arrangements and sell some bitcoin right away  or exchange it as fiat, and you can buy bitcoin at its lowest price possible. Stability is also important which is quite impossible for bitcoin,  though if it gets stable the price would be at stead and people can now manage and make certain adjustments to their holdings.
full member
Activity: 938
Merit: 137
The large volatility of the crypto currency and its price stability has its pluses and minuses. However, in general, large volatility plays a much negative role for the Crypto currency, than positive. Volatility will not allow the use of the crypto currency as the main currency of any country. It also plays a negative role and does not give full use to the crypto currency both for conducting business among individuals and legal entities, and especially at the international level. In other words, the use of crypto currency as a means of payment is greatly hampered by its volatility. Therefore, I am generally in favor of stability in the price of the crypto currency, but we can not achieve it yet, since decentralized crypto currency will always have high volatility.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
I would prefer both as well because price volatility gives more benefit to the intraday traders. I am not an intraday trader but had tried in beginning days of my crypto trading. Huge volatility gives more chances of earning huge money. Price stability is needed too because if the price is not stable then there are chances that investors will loose hope in their investment and will be reluctant to invest in it later. So if a coin goes up and down and at the end of the day it stays near to its opening price (not exactly but somewhere up or down) then the volatility and stability both comes to our favor.
legendary
Activity: 3472
Merit: 10611
June 01, 2018, 09:38:44 PM
#9
neither. i prefer logical volatility!
it means a market that is more predictable, has real moves up or down and doesn't suddenly move big time out of nowhere. we can't do anything about volatility, it will exist forever. it will reduce in the future as the market grows but it will never go away. it exists in every other market too. but the problem with bitcoin's volatility is that it is not always logical.
hero member
Activity: 882
Merit: 544
June 01, 2018, 05:50:53 PM
#8
What is your answer?
I prefer neither of the two because I am fine even if bitcoin is stable or volatile. What matters to me is that it can be used to easily send money to and from a user to another user without needing a 3rd party to intervene. What I want can be achieved in both stable and volatile movements so long as fees are not that expensive, that's why I voted both in the poll.
full member
Activity: 266
Merit: 151
First crypto index traded as a token!
June 01, 2018, 05:46:05 PM
#7
The high volatility is what traders like about Bitcoin, because they can make big profits from prices going up and down. But as bitcoin was developed as a cryptocurrency, the high volatility makes it hard to use as a currency.
jr. member
Activity: 168
Merit: 1
June 01, 2018, 05:39:43 PM
#6
Both are good for me but there are pro and cons.
Pros of price volatility:
✅ volatility price can increased their hodling.
✅ opportunities to sell bitcoin at a high price and buy back in when the value dips lower.

Cons of price volatility:
✅ Risky to invest.

Pros of price stability:
✅ you can determine the price of your earnings.

Cons of price stability:
✅ you cannot earn higher than what you have earn with the past.
✅ the value of the cryptocurrency will get high.
copper member
Activity: 482
Merit: 1
June 01, 2018, 09:08:22 AM
#5
Cryptocurrency in general is highly volatile and this is inevitable. Traders needs the price to fluctuate so they can make profits in days, weeks or months. Hence there will always be some sort of manipulation. Investors needs to know that investing in bitcoin or other cryptocurrency should be for long term. there is nothing to panic about especially when there is  dip in prices as well rise in price. This is inevitable in trading and all investors should know this. Its advisable to only invest what you can afford to lose.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
June 01, 2018, 08:48:03 AM
#4
I'd personally prefer price stability.

Sure, price volatility greatly helps traders earn money on huge price swings. But what's the main reason why bitcoin was invented anyway? As a peer-to-peer currency. Bitcoin will only be fully viable as a day-to-day currency when it's idiot-proof enough and when prices are stable. People wouldn't want money in their pockets(a.k.a. mobile wallets) that could possibly be worth significantly lower at the end of the day.
legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
June 01, 2018, 08:32:46 AM
#3
Personally I prefer both of them. When the price is stable you can manage and reassess your portfolio better in silence. But when the price is volatile you need to make some sharp decisions especially if you're a trader and not just an investor.  Wink
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
June 01, 2018, 08:29:00 AM
#2
it depends on how you are looking at cryptocurrencies.
one way to look at them, which is pretty common these days is as an speculation tool. in that case more volatility is desired because traders can only make profit if the market is pretty volatile. when price is swinging 30% in a couple of days they are making profit but when it is staying stable with barely 1% move they can't make anything.

another way to look at it is as a currency which will limit you to bitcoin only. in that case volatility is a bad thing but it is inevitable because bitcoin being a currency won't happen in one day. it is an adoption process which takes a long time, even years. and being volatile is not the worst thing that we can have because price is on the rise most of the times. for example when you buy 1BTC for $700 and a year later you  can spend it as a currency worth $7000 you don't mind the daily fluctuations anymore.
jr. member
Activity: 56
Merit: 3
ONNI COIN! The New Paradigm!
June 01, 2018, 08:19:59 AM
#1
Bitcoin rose to $16000 in late 2017 and dragged up values of Ethereum, Litecoin, Dash and almost all existing cryptocurrencies at the time. However, by the first quarter of 2018, Bitcoin has dropped down by more than ca. 50% and with it came down all other cryptocurrencies. This scenario impacted poorly on the blockchain ecosystem, hitting hard on early and potential general adopters, and unplugging computing devices deployed to secure networks as steady rise in network difficulties continued with incentives dropping below threshold for offsetting energy, device and time costs. Fast rising network difficulty attributed to ASIC, which outpace CPU, GPU, and FPGA by a large margin in mining speed, led to its enforced ban in some key blockchain algorithms. In addition, recyclability after new ASIC versions are built and at the end of a cryptocurrency mineability has become a waste issue. Personalized forking of algorithms to create new coins as an answer to outdated versions of ASIC has not worked as these new coins disappear in short time. The same is also true for some tokens created on Ethereum platforms, leaving novice users vulnerable and at a nightmare.

Many have resorted to investing in new cryptocurrencies/tokens from all different kinds of algorithms with the high hopes of at least recouping back their losses due to the aforementioned factors. However, these hopes continue to be crushed under the weight of many forces. The technicalities involved in this habitat of cryptocurrency remains horrendous for the old and the young generations who are all equally scrambling to gain basic knowledge of it. Whether by buying miners to mine or by buying tokens to hold, one could assert that users are simply investing and supporting blockchain efforts with their livelihood. Wiping it out with high price-volatility or market fluctuations is an ‘epoborium’ of insensitivity to common sense.

The fact is that blockchain technology is actually a form of Artificial Intelligence. As we create it, we ought to start telling it to be behaving and be accommodating to those with advanced knowledge and also to those with near-zero knowledge. It is here to serve us all and not us serving it. Over 90% of the global population are really in the latter category of near-zero knowledge and their most language is ‘buy (hold)’ and ‘sell (spend)’ or ‘mine’, ‘hold’ and ‘spend’ for a SEC classified utility cryptocurrency or token. The high volatility in pricing means that they cannot enjoy this most basic knowledge they have. The questions are: Is it not possible to deal with this sporadic and heavy losses due to pricing fluctuations? Is it not possible for us to sleep well at night without panics about how the pricing of our coins will go?

Which side are you on: price-volatility or price-stability?  A bit of both?

What do you think? What is your answer?
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