Topic: Stability of bitcoin - page 2. (Read 416 times)
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.
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.
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If Bitcoin price becomes stable this month it won't be stable for long, Bitcoin was created not to remain stable. Bitcoin is volatile in nature, it is expected to go high and come down. One thing you need to know is that Bitcoin price can never be predictable accurately it either goes up or comes down.
I agree with you, bitcoin is unpredictable which it can decrease today and increase tomorrow. I think it will be difficult for bitcoin price to remain stable through out the year, because what is happening to bitcoin price right now, is a sign that before the end of May bitcoin price will hit back $50,000 for both short term investors and long term investors to use the opportunity to earn well from their investment. Bitcoin price will continue to pump and dump for both buyers and sellers to have a good plan in their investment to buy bitcoin when the price is low and hold for beautiful future to come, and sell when the price increase higher in the market.
The demand and scarcity is what makes Bitcoin become volatile. Imagine Bitcoin has an unlimited supply like Fiat, I’m sure price will be stable at lower price rather than the pump and dump we are experiencing right now. This kind of volatility is a blessings for those who know how to trade while a disaster for a newbie trader that only know how to buy and sell whenever there’s a green and red candle on short time frame. Honestly I don’t understand why people keeps complaining in volatility and stability of Bitcoin. 
We actually have some coins and tokens like that. There is no limit in them and they are still not free, they are cheaper and lower in price of course but not free. Which means that if you arrange it in a way that is sustainable then it could be very well unlimited as well.If I am not wrong, ETH is unlimited right? That means the second biggest coin of all time is actually free and there is no problems with it, it's still going on strong without a problem. This is why I believe that we should be considering limited supply of bitcoin is not the main reason why it's loved so much, there must be other reasons why people care about it so much.
First of all, lets get the definition of the word "Stable" in Merriam Webster. It says there that stable is "not changing or fluctuating".
Bitcoin right now is more of an asset already than a currency and there is no asset that is stable (aside from stablecoins of course). S&P500 isn't stable, Gold isn't stable, Stock Market isn't stable. No asset is stable at all and that also applies into Bitcoin so the term "stability" can't be used with Bitcoin because it can't be stable at all.
Must there be a rising and falling of crypto before the market can work effectively
Crypto is working effectively already (for me) even though it is rising or falling and its completely normal so... just live with it 
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Bitcoin right now is more of an asset already than a currency and there is no asset that is stable (aside from stablecoins of course). S&P500 isn't stable, Gold isn't stable, Stock Market isn't stable. No asset is stable at all and that also applies into Bitcoin so the term "stability" can't be used with Bitcoin because it can't be stable at all.
Must there be a rising and falling of crypto before the market can work effectively
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What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022,
The situation seems the same, the rise and fall of the market remain is not unusual to see. And never I think this be changed in the future.But I don't think the situation looks so worrying, having faith in Bitcoin helps to settle down our emotions and even think optimistic. And instead of thinking about when this bear season ends, we'd rather take this time as an opportunity to buy more coins.
If Bitcoin price becomes stable this month it won't be stable for long, Bitcoin was created not to remain stable. Bitcoin is volatile in nature, it is expected to go high and come down. One thing you need to know is that Bitcoin price can never be predictable accurately it either goes up or comes down.
That’s not necessarily the case. Not because it’s been very volatile since it’s inception, it doesn’t automatically mean it’s made to be this way. Bitcoin is just naturally very volatile due to it currently being heavily driven by retail, because it’s still pretty new(and yes, 10+ years is still young), among other things.
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
then if Bitcoin price becomes stable this may? then it will be a peace of Mind for me so i don't have to check the market from time to time and will skip exchange for the whole month , with this i can focus in my other things to priorities than just looking if i can sell or buy again.Must there be a rising and falling of crypto before the market can work effectively
this will give me a break for a while and this is what we wanted to have , I believe that many will take this as a chance to rest and to have a time to look at other option in cryptocurrency world.
My faith in Bitcoin remains regardless of the price. These are big words. It would be heart-rending to face the possibility that instead of rising the price of Bitcoin would remain stable at the current one, but if ever it will come to that, I will be very happy that I stick with Bitcoin. But with the statistics of the world's population and fiat money vis-à-vis Bitcoin's total supply, Bitcoin owners, and active addresses, I really doubt Bitcoin's demand would not multiply several folds in the immediate and far future.
I don't think it's supposed to be stable, the market is way too volatile for it to be one. Not to mention that demand would only continuously increase in the following years imo, and the maximum supply of Bitcoin wouldn't be reached till a century more iirc? And I hardly doubt being stable would be a thing, we would still be seeing fluctuations every now and then even if Bitcoin were to reach its max supply by then. Let's not even mention this month in that case, it wouldn't happen. Though if you were talking about the big fluctuations in the market back then, I wouldn't say it's impossible, but it wouldn't be that often anymore.
I think despite BTC still being the wild west perhaps in comparison to much older assets its fairly stable compared to how I remember it. Its held the trend since December 2020, a positive trend and its varied within that but overall its stayed positive is how I view BTC. Others are really negative about the pullback in the last few months but with Dollar high many things will wilt and suffer under the heat of such pressure.
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
Don't get confused about the situation as the market remains volatile no matter what we do. And besides, this even gives more attraction as traders and investors make money out of it. That is why we have to stop thinking that the Bitcoin price will become stable as this never happens even a hundred years from now. Must there be a rising and falling of crypto before the market can work effectively
As the price fall - people are buying that resulting in the price rising again. This is very common scenario and even in the stock market still able to see this.
If Bitcoin price becomes stable this month it won't be stable for long, Bitcoin was created not to remain stable. Bitcoin is volatile in nature, it is expected to go high and come down. One thing you need to know is that Bitcoin price can never be predictable accurately it either goes up or comes down.
The OP should not expect that bitcoin will achieve stability this month. That's still far from happening as up until now, there are so many factors contributing to the price movement. Also, the volatility factor is one major reason why these traders and crypto investors like this market. They can easily get profits if they know how to trade it but on the other hand, you can easily lose your savings if you incurred mistakes. But for now, stability is not to be aimed yet as we are not yet in that stage.
If Bitcoin price becomes stable this month it won't be stable for long, Bitcoin was created not to remain stable. Bitcoin is volatile in nature, it is expected to go high and come down. One thing you need to know is that Bitcoin price can never be predictable accurately it either goes up or comes down.
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?
By stable, do you mean market price going sideway trend? Fate or faith? which one? If you are talking about fate then no one is sure about it, since once fate isn't measured by a year of market trend. If faith then this one is subjective. Some will lose interest some will gain more while others will just shrug it out. Some will sell and some will accumulate and some will just hodl and stay idle until the market becomes favorable.
Must there be a rising and falling of crypto before the market can work effectively
Price fluctuation makes the market interesting, and Bitcoin Market being highly volatile gives more attraction to speculative investors and traders. So definitely Market needs to be active to attract more investors to participate in its economy.
The rise and fall of any market is what results in either profit or loss being made. This being said is not an exemption for the bitcoin market place, mostly as various coins are affected by their varying values of exchange. Without interference from other variables as may include regulatory bodies like the banking sector with its policy to maintain the stability of its currency, or third party agents who manipulate the flow, it is far from perfect to think bitcoin could ever be stable. One just has to be careful to know when to go all in or not.
Stability only works on fixed assets majorly centralized stocks and valuable. Bitcoin is not a monotonous asset it's a decentralized asset that work on a peer-2-peer network which implies what ever the price becomes is a dependent on how much availability volatility is a whatmakes an asset what it is mostly in a peer-2-peer network
Bitcoin price can never become stable, not designed to be stable but to fluctuate. As more people buy and more adoption the higher the price.
Actually it was presented quite well not long ago: Bitcoin price is no longer fluctuating as wildly as in the past, in the last ~150 days it was less volatile than known stocks.
Bitcoin volatility is decreasing with the price increasing and with the inflow of institutional investors.
Clearly it won't stay pegged to USD, for example, but I think that the days the price fluctuations will become "boring" (kind of like we usually see with gold) are not that far.
That's stable enough, I think
Bitcoin is very stable because despite of the huge dump in the past, it was able to survive and even reach a new ATH again.
you are in a market that is very risky, risky in a sense because it's very volatile.
Just for example, when bitcoin hit almost $20k and dump to $3k, some people think bitcoin will collapse, but in the minds of the smart investors, they know and understand that it's just a volatility and they are right because bitcoin did recover and that is what we enjoyed the last year's bull run.
Just imagine, if bitcoin dump below $30k and people begun to panic, that should be viewed as an opportunity.
In short, don't make things complicated for you, if you trust bitcoin, you'll HODL.
you are in a market that is very risky, risky in a sense because it's very volatile.
Just for example, when bitcoin hit almost $20k and dump to $3k, some people think bitcoin will collapse, but in the minds of the smart investors, they know and understand that it's just a volatility and they are right because bitcoin did recover and that is what we enjoyed the last year's bull run.
Just imagine, if bitcoin dump below $30k and people begun to panic, that should be viewed as an opportunity.
In short, don't make things complicated for you, if you trust bitcoin, you'll HODL.
Must there be a rising and falling of crypto before the market can work effectively
But that's how all markets are. Rising and falling due to very many factors such as demand and supply. You can't avoid that kind of thing so long as people have freedom to buy and sell at anytime time.Bitcoin isn't a kind of currency like fiat where Governments through central banks try to keep the price stable by controlling the circulating banknotes.
Look at all other markets... stocks, commodities etc They all rise and fall at different points.
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