What should be the market cap of bitcoin in your opinion if we want the bitcoin price to be relatively stable and saved from manipulation ?
Maybe at gold marketcap but still the price will change as everything is relative, even the dollar value changes among years. 
Topic: Stable Bitcoin Price - page 15. (Read 13235 times)
Never. As long as we have the current shitty exchanges, we won't see the manipulation rates even drop 1%. In order to achieve a more stable price, we need to have one global orderbook just like for example the Nasdaq. That's when we will start to see the difference. If nothing happens and we keep the current exchanges, absolutely nothing will change.
What should have we been saying when we had only Mt. Gox?
I think that our exchanges have improved considerably in the past 2 years! I mean it ain't perfect and it always can be better but this is actually where we have made quite a progress in the past 2 years. That statement is true to some extent. But now we have Cryptsy stopped trading and withdrawing our money.
You can't compare Bitcoin exchanges as Bitstamp, Bitfinex and so on with a shitty altcoin exchange as Cryptsy. Cryptsy has always been slow, shady and what not. That's not new. It's just that most people have recently seen Cryptsy getting worse and worse.
Never. As long as we have the current shitty exchanges, we won't see the manipulation rates even drop 1%. In order to achieve a more stable price, we need to have one global orderbook just like for example the Nasdaq. That's when we will start to see the difference. If nothing happens and we keep the current exchanges, absolutely nothing will change.
What should have we been saying when we had only Mt. Gox?
I think that our exchanges have improved considerably in the past 2 years! I mean it ain't perfect and it always can be better but this is actually where we have made quite a progress in the past 2 years. That statement is true to some extent. But now we have Cryptsy stopped trading and withdrawing our money.
You can't compare Bitcoin exchanges as Bitstamp, Bitfinex and so on with a shitty altcoin exchange as Cryptsy. Cryptsy has always been slow, shady and what not. That's not new. It's just that most people have recently seen Cryptsy getting worse and worse.
I think if the market cap approaches $1 Tn and the holding is reasonably well distributed, it would be tough to manipulate the market.
Never. As long as we have the current shitty exchanges, we won't see the manipulation rates even drop 1%. In order to achieve a more stable price, we need to have one global orderbook just like for example the Nasdaq. That's when we will start to see the difference. If nothing happens and we keep the current exchanges, absolutely nothing will change.
What should have we been saying when we had only Mt. Gox?
I think that our exchanges have improved considerably in the past 2 years! I mean it ain't perfect and it always can be better but this is actually where we have made quite a progress in the past 2 years. That statement is true to some extent. But now we have Cryptsy stopped trading and withdrawing our money.
Never. As long as we have the current shitty exchanges, we won't see the manipulation rates even drop 1%. In order to achieve a more stable price, we need to have one global orderbook just like for example the Nasdaq. That's when we will start to see the difference. If nothing happens and we keep the current exchanges, absolutely nothing will change.
What should have we been saying when we had only Mt. Gox?
I think that our exchanges have improved considerably in the past 2 years! I mean it ain't perfect and it always can be better but this is actually where we have made quite a progress in the past 2 years. What should be the market cap of bitcoin in your opinion if we want the bitcoin price to be relatively stable and saved from manipulation ?
If you think bitcoin market will be ever free from manipulation then... you are wrong. It won't happen, but you probably know that Stock market or currency markets are not free from manipulation either.Unfortunately it is a fact, that you can't have free from manipulation of price market, there will be always backstage movements, pump and dump schemes, and I am afraid that market cap won't change it at all.
What should be the market cap of bitcoin in your opinion if we want the bitcoin price to be relatively stable and saved from manipulation ?
I don't think we'll see a stable price because the price depends on factors like supply/demand. The market cap will be much larger than today, because the technology is still undervalued and has so much potential.
Bitcoin will never be at a stable price. That's just not the way this market works.
There will always be pumps and dumps it's inevitable.
There will always be pumps and dumps it's inevitable.
And is this bad? Of course there will always be volatility to some certain degree.
But in the future, with a bigger market cap, it won't be that crazy as it is now.
I could live with that, as I see Bitcoin not as a currency for at least the next coming 20 years.
Yes for next 20 years, bitcoin would be the biggest returning investment vehicle. So that it will attracts many new users and adopters. Many new users will make bitcoin into main stream of daily usage. Then bitcoin will turn as a currency. At that time you can expect a stable price.
Bitcoin will never be at a stable price. That's just not the way this market works.
There will always be pumps and dumps it's inevitable.
There will always be pumps and dumps it's inevitable.
And is this bad? Of course there will always be volatility to some certain degree.
But in the future, with a bigger market cap, it won't be that crazy as it is now.
I could live with that, as I see Bitcoin not as a currency for at least the next coming 20 years.
Bitcoin will never be at a stable price. That's just not the way this market works.
There will always be pumps and dumps it's inevitable.
There will always be pumps and dumps it's inevitable.
i guess this is the outcome of having a decentralized system like bitcoin, fiat can be much stable because their are issued by a central authority
i don't mind a bit of instability even when the adoption will be big, as ong is nothing crazy like +100% of value in 2-3 days or something
Bitcoin will never be at a stable price. That's just not the way this market works.
There will always be pumps and dumps it's inevitable.
There will always be pumps and dumps it's inevitable.
Never. Gold can't pull it off and that's only a few thousand years old and is worth trillions. I don't see how BTC could pull it off as there'll always be national currencies to measure it against.
Gold and silver market are also getting manipulated till now so with only few million dollar market cap couldn't Stabilize the price. It will remain like this until bitcoin achieve global adoption. 
I dont think that we have stable price for that we have to maintain it for a whilw and price is jumping 24/7
I think it should be way higher than it is right now, but it's unlikely this will happen
That's just not the way the bitcoin market works. It goes up and goes back down.
That's just not the way the bitcoin market works. It goes up and goes back down.
Bitcoin is a free market. It's worth what we are willing to pay for it. I know right now the whole market is being controlled by large whales, so we are basically buying at whatever price they want. If they feel they should pump it to $500, then people will buy that. If they see people aren't buying because they pumped the price too high, then the price simply falls back. There is no such thing as stability as long as wealthy traders have the majority of funds and coins.
What you are saying is true. The market will always move around, low and high and bouncing up and down.
That's how the bitcoin market works. Like I said.
Yeah for now bitcoin is going up and down, but I am sure that one day will just stop stable around 500K or some like that.
Maybe less than 500K.
I think it should be way higher than it is right now, but it's unlikely this will happen
That's just not the way the bitcoin market works. It goes up and goes back down.
That's just not the way the bitcoin market works. It goes up and goes back down.
Bitcoin is a free market. It's worth what we are willing to pay for it. I know right now the whole market is being controlled by large whales, so we are basically buying at whatever price they want. If they feel they should pump it to $500, then people will buy that. If they see people aren't buying because they pumped the price too high, then the price simply falls back. There is no such thing as stability as long as wealthy traders have the majority of funds and coins.
What you are saying is true. The market will always move around, low and high and bouncing up and down.
That's how the bitcoin market works. Like I said.
I think bitcoin has a shot of maintaining a high sustainability of stability because of it's deflationary nature.
Yes it's true that gold is deflationary aswell but I believe that gold is a huge speculative bubble.
Also the dollar can fluctuate about 40% yearly with a steady inflation of 3-5% so it's no different.
Yes it's true that gold is deflationary aswell but I believe that gold is a huge speculative bubble.
Also the dollar can fluctuate about 40% yearly with a steady inflation of 3-5% so it's no different.
With my little knowledge, until all the bitcoin get mined out, we cannot expect a stable price in bitcoin ecosystem.
Bitcoin prices are keep on driving high to attract many people into bitcoin adoption.
Maybe after all the bitcoin will be mined out and bitcoin goes into mainstream we can see a stable bitcoin prices.
Bitcoin prices are keep on driving high to attract many people into bitcoin adoption.
Maybe after all the bitcoin will be mined out and bitcoin goes into mainstream we can see a stable bitcoin prices.
If one day that bitcoin will be stable, I want that bitcoin will be 100.000 dollars.
That would be a nice stable money for bitcoin.
That would be a nice stable money for bitcoin.
What should be the market cap of bitcoin in your opinion if we want the bitcoin price to be relatively stable and saved from manipulation ?
Normally the stability of a currency mainly come from the monetary policies created, followed and managed by the owners of it. Which are the States of all the world. They delegate such power to one monetary Authority which normally is called Central Bank (but not always so; in USA for example is called Federal Reserve). The lasts take care and manage only the national currency. All their work and the structure they have is build to serve this aim. Normally, theoretically, the amount of money in circulation in a given moment must be equals with the overall value of all the good produced and in market and part of those in production in that given moment plus an amount which allow a desired amount of inflation of that currency (all this is very simplified).
Bitcoin have nothing similar. It is a pure product of market which move and play according to the rules and the "caprices" of the free market. Have no owners which can take care of it, have no goods which can justify its existence on the market. Have one particularity which make it very strong. Its flow in the market is constant. So in this case we have an overturned situation compared to the above explained. In the above the money must "follow" the value of goods in the market while in the case of bitcoin is the flow of the amount of bitcoin in the market (which is fixed) which must be followed by everything. This flow, being fixed, is the initial point of everything has to do with bitcoin. With this situation is hard to tell that bitcoin can follow the normal rules followed by the normal currencies in use and issued by the Central Banks.
So no one can know when or if someday bitcoin will have a stable price or less volatile possible. Can be guessed that this may happen with its maximal spread and the possible increase of price. But are only guesses. I, for example, personally believe that bitcoin will have one day a very high price and will be an almost stable currency when it will be in these levels. This is one my hope and maybe conviction given from the facts that it is the first materialized product of a disruptive technology (peer to peer), and above all, because it is in limited number. But i am sure that this cannot be verified if bitcoin will be not regulated by most or majority of the countries. The non legalization will transmute it in a marginal currency mainly used for illegal stuffs and only from people devoted to it. That's all I can tell about your question.
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