Topic: Stable bitcoin value - page 2. (Read 423 times)
BTC is no stable. That's why 99% of people put money into it. Because you can make 100x more than investing into gold & stocks & real estate... . And it's also 100x more risky.
Bitcoin would be even a more reliable store of value since volatility will come down and you won't have to stress looking at the charts/price every now and then. Also, many people would be hoarding it since it would somehow become a gold standard and many investors would like it due to reduced risks. But then again, this would be too improbable to happen since there are still whales who hold a bunch of these coins and can control the market at their will.
I think the price of bitcoin will go up. Because the world pay more and more attention to bitcoin. More and more people know bitcoin. More and more people are willing to invest bitcoin. But bitcoin is scarce. So the price of bitcoin will rise. 
I doubt that bitcoin will be stable anytime soon because the price is based on supply and demand and we only have a few millions of users currently, assuming that more will join in the future, and while taking in consideration the limited supply the price should increase a lot before becoming stable.
Its hard to say that the price of bitcoin is stable simply because a lot of happenings around the world and the market is volatile so the price is not guaranteed. The demand and supply of bitcoin will always affect the price movements. But if you analyze the chart of bitcoin now, i thinkg $8k is the safe price for now, I expect bitcoin to soar higher this december.
The truth is no one know, and what i think is bitcoin will keep raising
I don't agree with bitcoin stabilization If that happens then how will people invest in bitcoin? you cannot call it an investment if the value is not changing, it's like buying a land for 100$ and sell it without increasing its price.
Here is going to happen if bitcoin value is stable:
Here is going to happen if bitcoin value is stable:
- People will stop investing because they will not earn and start losing their interest
- Without demand there is no supply, in this case, bitcoin will be less accepted by society
- There will be no trading of cryptocurrencies
I agree that stability is crucial for the future of the coin. Right now it's a trading tool but not really a currency. You can't pay for something if you end up realizing tomorrow that you paid 20% more for the item because the value of the coin went up. Stability will allow it to be more accepted as currency. I agree it'll take a very long time and will require massive adoption.
No one knows when it will stabilize. Hopefully as more users enter the system, the distribution of the coins will be even more decentralized, leading to increased stability overall.
I doubt that bitcoin will be stable anytime soon because the price is based on supply and demand and we only have a few millions of users currently, assuming that more will join in the future, and while taking in consideration the limited supply the price should increase a lot before becoming stable.
Bitcoins value is very high this day here in my country 1 bitcoins if converted to our currency it will cost 400k
And every day its value is surprisingly changing. Would you agree if bitcoins value will be stable? Your opinions will be much appreciated
And every day its value is surprisingly changing. Would you agree if bitcoins value will be stable? Your opinions will be much appreciated
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