Prices will some day fluctuate less? - page 17.

alfs75

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Quote from: Johannson on April 24, 2018, 12:01:35 AM

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?

Maybe that speculation would be happen that someday the prices for bitcoin will fluactuate less and people will be able to use more as a currency than in a form of investment,if cryptocurrency will only one set of goal,but if digital currency system have so many ways of branches to used like,investment,mining ,faucet, etc.thats thinking or speculation that focus only in currency could not been implemented,because crypto is designed for multi purpose digital system.

frowsiter

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Yes I do think so as well. The time will come when the market will have more advances in terms of using the technology in different way than the current one. For now we lack the techs that can bring the crypto currencies to the life and real use will start in the time to come if this happens. Then my friend we will see some real usage bringing the market to somewhat cooler zone and thus making it worthy to transact rather than invest. Just like the way we are making use of the fiat then also the crypto will have some perfect balance of trades so making it far stable.

BrewMaster

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yeah, it will happen eventually. it may not look like it now because bitcoin is still pretty young and the market is still very small but if you look at the history and compare today with a couple of years ago you can clearly see this growth taking place.

additionally part of the huge volatility is because of the exchanges and the way they are. they are not trustworthy for people to leave open orders there so the order books are thin and that makes the volatility increase.

Jonsnowstark

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Yes i believe so. For now people are seeing bitcoin as an asset because when they buy, the value of the btc increases or decreases. That's why not so many people are using bitcoin in their everyday purchases. But if bitcoin will somehow stabilize, it will be much easier to use bitcoin in our everyday lives. It will become more of a currensy than just an asset.

Naman1111

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Yes, Right now the market is not as matured as the equity ones. Once the market matures like when there are widely traded derivatives and ETFs on the exchanges it will become extremely difficult to manipulate the market. These along with regulations will mutere the trading market and thus less fluctuations in the prices. But this will take a lot of time like 5 years from now.

horrifiedx1

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to be a currency or a means of payment i think it takes a lot of support from the government. with many using bitcoin i guess fluctuations seem to be no problem, like the dollar index i think fluctuates too

hase0278

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Quote from: Johannson on April 24, 2018, 12:01:35 AM

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?

It can actually, so long as bitcoin gets evenly distributed as day pass by, price will fluctuate less until it comes to the point where people rarely notice it's fluctuations. Although that is the case, I don't think it will be used as a currency, but rather as an alternative way to pay. Bitcoin will also stay as a form of investment for a long time until fluctuation lessens, discouraging traders and investors to trade it further and it might encourage them to try use it for payments more.

scorpionso

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I think so , if btc going to substitute with existing currencies , its value will fix or fluctuates will be less. and also there is another parameter : amount of btc. as you know it is 21.000.000 pieces.
after all btc be on market this also makes stabilization I think. ( But it is going to take so long time)

no0dlepunk

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Quote from: Johannson on April 24, 2018, 12:01:35 AM

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.

Johannson

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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?

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