Prices will some day fluctuate less? - page 12.

LuciferEveningStar

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Quote from: Johannson on April 23, 2018, 11:01:35 PM

Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?

The market is volatile and we can always expect the drastic changes of prices but this is also the reason why cryptocurrency is very profitable if you will just focus on trading in the market.

Andrej Peiboski

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Bitcoin will stop being so volatile when it will be more widely accepted and when the legislation will be a little clearer. At the moment the price is driven only by big speculators, and we can only make bets.

Dudeperfect

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Yes, we must understand that Bitcoin is in the early phase of development and it is the lack of maturity among the users so even a small news causes volatility in the market. However, things will improve over the time and we will see a noticeable rate of reduction in price volatility. On the other hand, using it as a payment system is concerned with the same issue, merchants are worried about volatility and hence is less availability of merchants accepting Bitcoins as a payment system.

crazycatwoman03

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Quote from: carlisle1 on May 02, 2018, 11:31:19 PM

Quote from: Johannson on April 23, 2018, 11:01:35 PM

Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?

who told you that bitcoin has being use only as investments?dont you know that bitcoin is used now to pay chicken in Kentucky fried chicken?and uses as purchasing payment for foodball ticked?youre wrong about understanding whats the function of bitcoin now.

Right, there are countries who are accepting bitcoin as a payment directly. Bitcoin is popular and it is popularly known for investment only but just like what @carlisle1 said, it can be used for paying some necessities but only in limited countries. Bitcoin as a digital currency is mistakenly taken that it can be only used for fast digital transactions and for investments only but if we will do a further research, we will found out that other countries are already using it as a regular payment. For example is in a bar, bitcoin can now be used to pay for the drink that you ordered. It can be done for other establishments also but of course, a good internet connection is needed to be established.

Feuerbach

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Quote from: Johannson on April 23, 2018, 11:01:35 PM

Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?

In use as a currency, other altcoins are better suited. For example, Dash, Monero, Zcash

solidrock

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I believe that when the mainstream joins Bitcoin or other cryptocurrencies we will see a less volatile crypto market. This might happen when the trust in fiat goes away and/or if we have another crash and people start seeking a safeheaven.

frowsiter

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Quote from: Johannson on April 23, 2018, 11:01:35 PM

Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?

Possibility of this can not be ignored. I mean if that happens then there will be only one assumption of this, bitcoin is widely used and controlled too! As long as these two factors execute until then we will see huge stability in the crypto world. Beyond the imagination I would also think that altcoins will gain the stability too just because of the bitcoin prices being stable. But this will take the fun out of crypto world where we do lots of trading depending upon the fluctuations etc. So the question is whether do we need this much stability so that we will have less opportunities that way.

Whosdaddy

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Quote from: no0dlepunk on April 23, 2018, 11:59:28 PM

Quote from: Johannson on April 23, 2018, 11:01:35 PM

Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?

Yup, once bitcoin becomes accessible to everyone and is being used as global currency - then price will certainly become less volatile. New comers are the ones who are responsible for the price surge, so when the day comes that everybody has bitcoin (evenly) fluctuation becomes less.

Yeah, as that is the main thing here we are still suffering and that is really making the market what it is today. In a way, by most members of the community, bitcoin is more like a speculative asset right now than a currency which has made its real life usage more of nothing to write home about.

All these would change in the long run, but by then, we would have actually starting seeing that real life usage more in place and a lot of development would have come up to make that a reality. Bitcoin one day will have stable prices like gold but not definitely within this century. Because bitcoin was designed to have fluctuating prices which works for attracting new people.

shinchan123

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Quote from: Johannson on April 23, 2018, 11:01:35 PM

Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?

That depends upon the demand of the people. If the demand of people for bitcoin gets less, I guess there is a high possibility that the value or price of bitcoin will get affected as well. This is why I am glad that many people are still into investing on bitcoin because it gives me a sense of security.

Snaic

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Quote from: Johannson on April 23, 2018, 11:01:35 PM

Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?

Decentralized crypto currency, which is not regulated in any way to stabilize its rate, will have constantly high volatility. Its price is formed solely on the basis of the ratio of supply and demand, and they are highly volatile. Moreover, if the price of the crypto currency increases, the amplitude of its fluctuations will increase accordingly, because the scope of this possible range will expand.
Therefore, for crypto currency in general, it is better to have a not very high cost, with an increase in its value, the risk of its depreciation will also increase.

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Quote from: Johannson on April 23, 2018, 11:01:35 PM

Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?

who told you that bitcoin has being use only as investments?dont you know that bitcoin is used now to pay chicken in Kentucky fried chicken?and uses as purchasing payment for foodball ticked?youre wrong about understanding whats the function of bitcoin now.

Keyboard PC

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Quote from: Johannson on April 23, 2018, 11:01:35 PM

Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?

I think the price of coin will always move fluctuate it because caused by very high demand and the total supply is very limited just imagine if the total supply is not limited then it is definitely the price will not fluctuate very much.

genixye

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If bitcoin wants to become the world's currency, stability is essential, and more people will use it once the price has leveled off and the purchase and sale reach a balance.

That may not be the case now, since bitcoin is still in its infancy.

Flagship11

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While there really is no specific way to predict the price outcome on BTC, it is easier to get a good feel for the price based on past charts and performance.
But btc will 100% fluctuate, up and down. For a while, I thought we would only see an upward trend, boy was I in for a surprise when it dipped down to $8,000!

Sled

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The price will surely fluctuate less in the future for sure because once the cryptocurrencies are well distributed to the hands of the good holders,investors or traders then the market will not be that volatile like before and there will be more stability compare to the really frequent moving market and that will attract more and more people into the market for sure.

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Quote from: fearcoka on May 02, 2018, 08:35:38 PM

Quote from: Sahyadri on May 02, 2018, 08:23:19 PM

Quote from: Johannson on April 23, 2018, 11:01:35 PM

Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?

Even though bitcoin isn't seen as a full fledged currency, but we still get to see some off days when price hardly varies by 0-1%. Once we see worldwide acceptance and bitcoin seen as a legal tender, then we would find more usage on regular basis and hence more number of people will use it. This in turn would lead to lesser fluctuations in price since instead of investing people would be using it as a digital currency.

According to my experience, the price of Bitcoin usually keeps stable at a rate before huge changes in the value. It seems the whales have to prepare all things carefully and be sure all things are ok to control the market. So, with the market like now, I think the price of Bitcoin can changes so much in this month because it kept at range price $9000 to $8800 longer than 10 days, it's a strange thing for the volatility of Bitcoin price.

I definitely agreed to what you said because thats how the whales played their cards foe years in terms of manipulating the price of the cryptocurrency market and I was thinking the huge rate will occur towards the next month.

kwarto

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yes certainly, the price will always fluctuate it may rise up or down... i believe bitcoin price will somehow stablized in a certain level that is benificial to all people. but for now as long as the coin is used to trade and it a form of investment this may continue to go as a way it is... it will have down and ups.

suzanne5223

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Quote from: zarados on May 02, 2018, 08:54:25 PM

experience cannot guarantee what will happen in the future. Things that usually happen can not be repeated. Cryptocurrency is a very difficult thing to guess. Either there is a great director who set it behind the scenes or how. Currently 17 million bitcoins have been in circulation, and there are only 4 million bitcoin left. No one can guarantee, if bitcoin has reached the maxmial limit, the price will be stable. It could happen otherwise.

Yes, in some cases things that happened don't repeat itself but in cryptocurrency system history do repeat itself if you can keep track of the record and this where experienced count in predicting the future price of crypto currency. In addition, if you could check my post history, I predicted that the market recovery will start last month which it did happened because whwn ever blood bath happened at the Q1 it will stopped the first month of the Q2.

Tapyaks72

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Quote from: zarados on May 02, 2018, 08:54:25 PM

experience cannot guarantee what will happen in the future. Things that usually happen can not be repeated. Cryptocurrency is a very difficult thing to guess. Either there is a great director who set it behind the scenes or how. Currently 17 million bitcoins have been in circulation, and there are only 4 million bitcoin left. No one can guarantee, if bitcoin has reached the maxmial limit, the price will be stable. It could happen otherwise.

Prices fluctuations is really caused by market activity the more people buy the tendency of higher price once the price stabilize its either the buying and selling is in equilibrium but if it is increasing means many who bought but only few who sold and if it's price is lower it means many will sold out but only few who bought..

zarados

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experience cannot guarantee what will happen in the future. Things that usually happen can not be repeated. Cryptocurrency is a very difficult thing to guess. Either there is a great director who set it behind the scenes or how. Currently 17 million bitcoins have been in circulation, and there are only 4 million bitcoin left. No one can guarantee, if bitcoin has reached the maxmial limit, the price will be stable. It could happen otherwise.

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