Stability of bitcoin | Bitcointalksearch.org

GreatArkansas

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Quote from: Bitcoin2009 on May 09, 2022, 02:28:50 AM

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.

Baofeng

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Quote from: stadus on May 09, 2022, 08:21:35 AM

Quote from: TheGreatPython on May 09, 2022, 05:58:06 AM

Quote from: Ethan151 on May 02, 2022, 02:30:31 AM

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.

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Quote from: TheGreatPython on May 09, 2022, 05:58:06 AM

Quote from: Ethan151 on May 02, 2022, 02:30:31 AM

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.

TheGreatPython

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Quote from: Ethan151 on May 02, 2022, 02:30:31 AM

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.

Bitcoin2009

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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.

Ararbermas

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Quote from: Ethan151 on May 02, 2022, 02:30:31 AM

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.

7788bitcoin

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Quote from: Ethan151 on May 02, 2022, 02:30:31 AM

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.

davis196

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Quote from: Ethan151 on May 02, 2022, 02:30:31 AM

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.

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Quote from: Taskford on May 08, 2022, 04:25:17 AM

Quote from: Marvell1 on May 08, 2022, 04:16:33 AM

Quote from: Paul Pogba on May 04, 2022, 09:09:51 AM

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.

19Nov16

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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.

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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.

Taskford

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Quote from: Marvell1 on May 08, 2022, 04:16:33 AM

Quote from: Paul Pogba on May 04, 2022, 09:09:51 AM

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.

Marvell1

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Quote from: Paul Pogba on May 04, 2022, 09:09:51 AM

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.

cryptomaniac_xxx

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Quote from: Kadal Ijo on May 07, 2022, 02:43:58 AM

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.

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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.

ajochems

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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.

barbara44

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Quote from: ivankoh on May 04, 2022, 07:08:24 AM

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.

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Quote from: stepwilli on May 06, 2022, 12:42:07 PM

Quote from: Wong Gendheng on May 05, 2022, 02:56:20 AM

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.

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Quote from: Wong Gendheng on May 05, 2022, 02:56:20 AM

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.

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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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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.

ivankoh

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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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Quote

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.

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Quote from: ?? on ??

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. Cheesy

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.

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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.

Quote from: Ethan151 on May 02, 2022, 02:30:31 AM

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

.

Questat

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Quote from: Ethan151 on May 02, 2022, 02:30:31 AM

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.

mk4

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Quote from: Masplanc on May 02, 2022, 05:42:45 PM

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.

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Quote from: Ethan151 on May 02, 2022, 02:30:31 AM

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.
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.

Fundamentals Of

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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.

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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.

STT

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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.

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Quote from: Ethan151 on May 02, 2022, 02:30:31 AM

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.

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.

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Quote from: Masplanc on May 02, 2022, 05:42:45 PM

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.

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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.

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Quote from: Ethan151 on May 02, 2022, 02:30:31 AM

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.

Quote from: Ethan151 on May 02, 2022, 02:30:31 AM

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.

Cryptomultiplier

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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.

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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

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Quote from: Charles-Tim on May 02, 2022, 03:01:27 AM

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 Wink

stadus

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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.

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Quote from: Ethan151 on May 02, 2022, 02:30:31 AM

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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Not even stablecoins are stable even though their name suggests they are. They lose their peg, but there are mechanism to secure the price again and bring it back to the stable values. Like it or not, most investments in Bitcoin are of speculative nature. People purchase at a price they consider low and they expect the value to increase. Very few are in it for the technology or because they want an alternative payment method that is decentralized and censorship-resistant.

If the price was stable and we didn't have the speculators who expect to profit from the price movements, Bitcoin wouldn't be where it is today. It would just be an interesting type of e-money used by a very small number of technology enthusiasts, privacy advocates, and similar.

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You can probably think/approach it like this. What is the purpose of BTC? Or what do you want to happen to the crypto market?

Do you want mass adoption?
Do you want to profit from holding?
Do you want to profit from trading?

All of the above is affected by the price changes of BTC. And these samples above would benefit/obstruct their importance.

Let's say you want mass adoption. People wish for something stable.
- If they want to buy something with BTC, they don't want to lose "much" of the value they originally had and have a minimal effect on their thoughts. People who want to use their BTC as payment would wish for a stable price of BTC.

Holding/Trading your BTC.
- Of course, you would want something volatile in terms of prices because you want to profit as much as possible with the current price wave. Trading and Holding would benefit from that, but you would like the price to go up in Holding. But that's not always the case, it will go down, but in general, it's volatile.

I guess that's just how the market is with cryptocurrencies. You just probably have to get used to it.

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If a few months of up and down between $38k-$41k range is “stable” to you, then LOL.

To put it simply: if you’re not patient enough to just hold BTC and just chill, then investing in general is not for you.

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Quote from: Ethan151 on May 02, 2022, 02:30:31 AM

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?

Before I discuss this hypothetical situation, I should point out that no singular asset can be completely stable, it can experience reduced volatility and price fluctuations, but cannot maintain a singular value, especially as each asset is or can be compared to all other assest.

Now, if Bitcoin for whatever reason becomes stable next month; There would be a bit of restructuring around the utilities of bitcoin.
• Speculative value would reduce with volatility. Trades would still be possible, but longer term futures and shorting trades would not be as popular,
• Bitcoin would be more used as a hedge fund and store of value ,
• Bitcoin would be more used in daily transactions, without the need for processors.

Quote from: Ethan151 on May 02, 2022, 02:30:31 AM

Must there be a rising and falling of crypto before the market can work effectively

NO.

Volatility has been on the decline over the past years.

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Quote from: Ethan151 on May 02, 2022, 02:30:31 AM

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?

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.

Quote from: Ethan151 on May 02, 2022, 02:30:31 AM

Must there be a rising and falling of crypto before the market can work effectively

Yes. But it has been in a way the net increase has been always positive in long term. So the net rise and fall has always been on the rise side in long term.

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Quote from: Ethan151 on May 02, 2022, 02:30:31 AM

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

At first this trade supposed to present in Bitcoin Discussion section or Trading section..you can move it down there, because it's were the discussion will be more effective.. that's from my perception.

The stability of bitcoin or any other cryptocurrencies depends on the market regulations or values, i always emphasis or portray that bitcoin increment and adamant in market doesn't lies on any one speculation and prediction, what actually revolve the currency is dependable on the demand quantitative..so the higher people queue for the demanding the relief the stability in the market. And the higher the supply the more downgrade we have in cryptocurrency.

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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

Topic: Stability of bitcoin (Read 433 times)