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Topic: Stability of bitcoin (Read 341 times)

legendary
Activity: 2282
Merit: 1344
Buy/Sell crypto at BestChange
May 09, 2022, 11:18:07 AM
#47
It's time to make strict regulations to protect bitcoin and cryptocurrencies, the bitcoin market cap is already large and widely used for fraud, if top exchanges agree to make regulations, it is certain that investors will get guarantees so that bitcoin prices can be more stable.
I don't think it has something to do with the price of Bitcoin especially the stability because sure even if top exchanges or will combine, still, the government have the choice about regulations, they have nothing to do about it, and they are just following it.

With the recent dump of $40,000. For me it is normal because it is not only Bitcoin, look at other markets like stock markets, they are affected too. For me now, Bitcoin is became more natural when it terms to price compare on previous years.
legendary
Activity: 2576
Merit: 1655
May 09, 2022, 10:00:00 AM
#46
What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?
Must there be a rising and falling of crypto before the market can work effectively
This question looks so serious but at the same time I find it funny Cheesy. Nothing bad will happen to us if bitcoin becomes stable, don't worry. People only worry when price starts to dip. Your question are only good for the month of may so 1 month of waiting isn't going to be that long and after that, the price will start moving again.

I don't think there are people that will lose their patience and sell in that short period of time but yes there are a lot of predictions that have been made before. That is expected because the price of cryptos still moves on its own despite being manipulated by some whales but I think the market can work effectively even if there's no up and down.

There are people who sell because of panic, that's why the market is very volatile due to that kind of actions. And of course, while some people panic, some people will also enjoy the dip as they can accumulate and wait until bitcoin will bounce back. Just like the current price, most likely bitcoin will drop below $30k due ot its bearish movement, but after that, we can also expect that bitcoin will recover because it never fails those who trust and home while the price is dumping.

We have broken down to $32k, so this is really a sign that we are in a bearish trend. And I think more people are going to sell because they think that it will go lower. Can't blame them to sell right now and then buy later when the price goes below $30k, simply strategy by effective. But then we have those strong and diamond hand who don't panic but panic this dip in this cycle. And for the stability, I don't think we will see it happening, specially with the current movement this May.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
May 09, 2022, 09:21:35 AM
#45
What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?
Must there be a rising and falling of crypto before the market can work effectively
This question looks so serious but at the same time I find it funny Cheesy. Nothing bad will happen to us if bitcoin becomes stable, don't worry. People only worry when price starts to dip. Your question are only good for the month of may so 1 month of waiting isn't going to be that long and after that, the price will start moving again.

I don't think there are people that will lose their patience and sell in that short period of time but yes there are a lot of predictions that have been made before. That is expected because the price of cryptos still moves on its own despite being manipulated by some whales but I think the market can work effectively even if there's no up and down.

There are people who sell because of panic, that's why the market is very volatile due to that kind of actions. And of course, while some people panic, some people will also enjoy the dip as they can accumulate and wait until bitcoin will bounce back. Just like the current price, most likely bitcoin will drop below $30k due ot its bearish movement, but after that, we can also expect that bitcoin will recover because it never fails those who trust and home while the price is dumping.
sr. member
Activity: 2520
Merit: 329
May 09, 2022, 06:58:06 AM
#44
What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?
Must there be a rising and falling of crypto before the market can work effectively
This question looks so serious but at the same time I find it funny Cheesy. Nothing bad will happen to us if bitcoin becomes stable, don't worry. People only worry when price starts to dip. Your question are only good for the month of may so 1 month of waiting isn't going to be that long and after that, the price will start moving again.

I don't think there are people that will lose their patience and sell in that short period of time but yes there are a lot of predictions that have been made before. That is expected because the price of cryptos still moves on its own despite being manipulated by some whales but I think the market can work effectively even if there's no up and down.
member
Activity: 1050
Merit: 10
May 09, 2022, 03:28:50 AM
#43
It's time to make strict regulations to protect bitcoin and cryptocurrencies, the bitcoin market cap is already large and widely used for fraud, if top exchanges agree to make regulations, it is certain that investors will get guarantees so that bitcoin prices can be more stable.
sr. member
Activity: 1988
Merit: 283
May 08, 2022, 12:03:00 PM
#42
What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?
Must there be a rising and falling of crypto before the market can work effectively
nope, its not created to become stable in the space, and if there's a situation that the price of bitcoin didn't make progress and seems stable in a significant level it means a consolidation, what does it means? Well as far as i know the holders is keep holding and big institutions don't want to see the price fluctuate more from the support reason it's happening and the advantage of it is there's a tends to bounce depends on the demand in the market.
legendary
Activity: 2282
Merit: 1023
May 08, 2022, 09:37:17 AM
#41
What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?
Must there be a rising and falling of crypto before the market can work effectively
To call one of the most volatile market in any financial sectors as a stable market needs some nerve  Cheesy. Do not listen to people who claim that the price would only rally. For every market to sustain the market needs to move in either direction and you need to be smart enough to identify those situations and book your profit and that is the most important aspect in a market.

In the next few years you cannot expect the price to be stable. You can still expect major fluctuations in either direction.
hero member
Activity: 2968
Merit: 913
May 08, 2022, 07:11:29 AM
#40
What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?
Must there be a rising and falling of crypto before the market can work effectively

What do you mean by the market working effectively?Isn't the current Bitcoin market working effectively?
I think that having price volatility is a proof that the BTC market is effective-lots of people are buying,other people are selling,the price is moving up and down,because the buy and sell orders cannot be balanced all the time.
It has been stated many times on the forum,that a stable Bitcoin price cannot be achieved.
Even if this is theoretically possible,it will simply make Bitcoin boring and a lot of traders/investors will leave the BTC market.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
May 08, 2022, 06:39:30 AM
#39
I think the high fluctuations in bitcoin prices make anyone interested in bitcoin, if the bitcoin price is stable then many investors will switch to other types of investment because the investment goal of course is profit.

We invest in bitcoin hoping to get profit or get rich from it so don't expect bitcoin to be stable. I think if bitcoin stabilizes, many speculators will leave the market because bitcoin is no longer profitable for them. Once interest in bitcoin wanes bitcoin price will also not be able to maintain stability. Volatility is necessary for the growth of bitcoin, the more volatile bitcoin is the higher our chances of making a profit.

There will be no trading will happen if the price of bitcoin became stable and there's no reason for investors to use this if we are expecting this to became stable so its really impossible that this might happen in future. So for sure majority will select the high volatile bitcoin that a stable one because chances for gaining profit on it will gone.

It all happened because nowadays, everyone wants to profit from bitcoin so that makes the price unstable. The volatility of bitcoin will always be there and if people can use that volatility, then they can only benefit. Apart from that, they also invest in bitcoin because they want to make a profit in the future. People try to buy low and sell high so that keeps the price changing all the time. If they want stable prices, maybe they can choose stable coins but the benefits are not like if they choose bitcoin.
sr. member
Activity: 1722
Merit: 252
May 08, 2022, 05:47:06 AM
#38
The current bitcoin marketcap which is still small will certainly be easily controlled by some of the world's richest people who are currently actively investing in bitcoin, for example millionaire Elon Musk who is still active in investing in bitcoin and makes a significant price spike in 2021, unfortunately after more than 6 months market continues to fall elon musk has not tweeted anything positive about bitcoin.
hero member
Activity: 882
Merit: 507
Defend Bitcoin and its PoW: bitcoincleanup.com
May 08, 2022, 05:45:08 AM
#37
If we expect Bitcoin Bitcoin to have a fixed price then we are not prepared for the true nature of Bitcoin Bitcoin has many factors that make its price never to be stable and with the prevailing factors it impossible for Bitcoin to have stability in its price and that is why there is constant volatility in the price of Bitcoin.
hero member
Activity: 2520
Merit: 783
May 08, 2022, 05:25:17 AM
#36
I think the high fluctuations in bitcoin prices make anyone interested in bitcoin, if the bitcoin price is stable then many investors will switch to other types of investment because the investment goal of course is profit.

We invest in bitcoin hoping to get profit or get rich from it so don't expect bitcoin to be stable. I think if bitcoin stabilizes, many speculators will leave the market because bitcoin is no longer profitable for them. Once interest in bitcoin wanes bitcoin price will also not be able to maintain stability. Volatility is necessary for the growth of bitcoin, the more volatile bitcoin is the higher our chances of making a profit.

There will be no trading will happen if the price of bitcoin became stable and there's no reason for investors to use this if we are expecting this to became stable so its really impossible that this might happen in future. So for sure majority will select the high volatile bitcoin that a stable one because chances for gaining profit on it will gone.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
May 08, 2022, 05:16:33 AM
#35
I think the high fluctuations in bitcoin prices make anyone interested in bitcoin, if the bitcoin price is stable then many investors will switch to other types of investment because the investment goal of course is profit.

We invest in bitcoin hoping to get profit or get rich from it so don't expect bitcoin to be stable. I think if bitcoin stabilizes, many speculators will leave the market because bitcoin is no longer profitable for them. Once interest in bitcoin wanes bitcoin price will also not be able to maintain stability. Volatility is necessary for the growth of bitcoin, the more volatile bitcoin is the higher our chances of making a profit.
hero member
Activity: 1344
Merit: 540
May 07, 2022, 06:22:51 PM
#34
The thing that can make Bitcoin stable is a large marketcap, I'm sure if the price of 1 Bitcoin reaches $ 1 million it will look stable, this is because it will be difficult for speculators to influence prices, and I'm sure someday will happen so that the best thing we do is waiting.

Nah, I doubt that it will be stable in any sense, even if it reaches $1 million in the future. The thing with bitcoin is that there are a lot of players in the market, hence we don't know if on the other side of the world, someone is selling, and on the other side, someone is selling.

So I guess it's better not to expect that it will be stable, take advantage of it's volatility and make some money out of it.
full member
Activity: 1162
Merit: 106
May 07, 2022, 03:43:58 AM
#33
The thing that can make Bitcoin stable is a large marketcap, I'm sure if the price of 1 Bitcoin reaches $ 1 million it will look stable, this is because it will be difficult for speculators to influence prices, and I'm sure someday will happen so that the best thing we do is waiting.
hero member
Activity: 1305
Merit: 511
May 06, 2022, 04:33:33 PM
#32
Now the price of the bitcoin was reduced further and attained a new low value of past 2 months.Before the war,the price of bitcoin was stable with certain price.The most important one was its better time to inverse your money.Now the market was dump huge,most of the traders had cash out from the crypto currency,this was the enough reason for the price to reduce below the chart expected one.
hero member
Activity: 2366
Merit: 605
May 06, 2022, 02:55:26 PM
#31
The value of bitcoin is the power of ideological belief, volatility is what it means.  Stability only works for traditional forms, bitcoin does not create stability, but represents the value of use, investment, accumulation, payment, etc., which is spontaneous due to the user's finances.  .  .  Volatility is the best way for bitcoin to make its mark, it won't become stable in the future, at least I think no one can expect bitcoin to be stable.
It will become "stable" in the sense that the ups and downs may not be as high as it is right now. Consider it in a way that when we did 20x and even more increases, that won't happen in the future, or at least I assume it probably won't be. Imagine a time comes and bitcoin becomes one million dollars, how could we even attempt to go up like that ever again?

Or when we are going down, we had 80%+ drop in the past at 2017, now we are not even seeing that much, and in the future when it is much bigger it will definitely not be even like today. So, it is still way more volatile than traditional markets and will stay that way forever but it will be more stable than what it used to be 5 years ago or before that.
member
Activity: 198
Merit: 10
COMBO Network ex COCOS-BCX
May 06, 2022, 02:19:31 PM
#30
It is interesting that although the current Bitcoin marketcap is almost $ 1 trillion, price fluctuations are still high, this proves that the decentralization system is better and profitable and has become a great potential to be used as long -term investment.
But what do you expect? The price should increase and remain high? I don't think that's possible. A higher market cap could mean that more people are now involved in btc so therefore the fluctuation can be more stronger than usual because each of us has our own goals and not all are willing to hold their bitcoins forever.

Also it is said that trading is more profitable than investing, this can help the price to fluctuate more because people will just buy and sell in quicker time frames. Even if the fluctuation is high, this doesn't remove the possibility of manipulations but being decentralized is more than just manipulations and yes many prefer this.
sometimes I also apply as you have described. I will never know what it's like to trade if I don't try and vice versa.
So don't be surprised if the market capitalization of btc is increasing every day because everyone wants to make a profit by trading short-term and not just relying on long-term investments.
sr. member
Activity: 1042
Merit: 273
May 06, 2022, 01:42:07 PM
#29
It is interesting that although the current Bitcoin marketcap is almost $ 1 trillion, price fluctuations are still high, this proves that the decentralization system is better and profitable and has become a great potential to be used as long -term investment.
But what do you expect? The price should increase and remain high? I don't think that's possible. A higher market cap could mean that more people are now involved in btc so therefore the fluctuation can be more stronger than usual because each of us has our own goals and not all are willing to hold their bitcoins forever.

Also it is said that trading is more profitable than investing, this can help the price to fluctuate more because people will just buy and sell in quicker time frames. Even if the fluctuation is high, this doesn't remove the possibility of manipulations but being decentralized is more than just manipulations and yes many prefer this.
sr. member
Activity: 1428
Merit: 252
May 05, 2022, 03:56:20 AM
#28
It is interesting that although the current Bitcoin marketcap is almost $ 1 trillion, price fluctuations are still high, this proves that the decentralization system is better and profitable and has become a great potential to be used as long -term investment.
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