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Topic: stable currency - page 5. (Read 4098 times)

hero member
Activity: 714
Merit: 531
August 13, 2017, 03:18:44 AM
Yes there is no currency stable value in crypto currency all of the coin fluctuates and some of the coin not survive for the lonv period of time.
For me i only choose to have bitcoin since this is the mother coin in crypto curency also this coin provides me good income and it helps me to grow status in life.
hero member
Activity: 952
Merit: 513
August 13, 2017, 02:51:49 AM
i was just wondering
how much more time BTC needs to become a little more stable?
in past 24 hours BTC exchange rate have increased 19.1%

i am not really sure why it went down on the first place
but i am happy that they are UP now
& i am still wondering what make the price increase :/


to be honest i dont know much about the tech.
all i know is the rate is decided by the trading ratio & volume...

and according to news 2 largest dark web market(alphabay & hasana) have been shutdown by feds
& i think that most of the BTC transaction come from dark web......
so closing of those market should decrease the trade volume
and it should affect the price......
so down it mean that exchange rate will decrease again??

The fact is that bitcoin is still mostly speculation and there are very little merchants that currently accept bitcoin in return for actual goods and services. It's true that online wise, the merchant base has grown a lot since the start, which is partially the reason why bitcoin has stabilized when compared to years ago. But in real life, you probably won't find one merchant accepting bitcoin out of 100 even in the USA.

As time goes on though, more and more merchants will accept bitcoin and bitcoin will essentially be backed by goods and services that people offer. Plus, more users will use bitcoin as time goes on. This will stabilize bitcoin.

Cryptocurrencies can't be completely stable, though. Otherwise, it's pegged to fiat, and that defeats the purpose of having a cryptocurrency in the first place.
hero member
Activity: 840
Merit: 516
August 13, 2017, 12:52:28 AM
i was just wondering
how much more time BTC needs to become a little more stable?
in past 24 hours BTC exchange rate have increased 19.1%

i am not really sure why it went down on the first place
but i am happy that they are UP now
& i am still wondering what make the price increase :/


to be honest i dont know much about the tech.
all i know is the rate is decided by the trading ratio & volume...

and according to news 2 largest dark web market(alphabay & hasana) have been shutdown by feds
& i think that most of the BTC transaction come from dark web......
so closing of those market should decrease the trade volume
and it should affect the price......
so down it mean that exchange rate will decrease again??
Its very hard for bitcoin to become a stable currency.Bitcoin is a decentralized currency uncontrolled by any central body unlike fiat currencies which are controlled by governments.So,bitcoin price either increases or decreases with increase or decrease in demand for bitcoins.So,volatility is its nature.
If we are looking about the stable crypto and we can use tether, but the volatility just like a rule in crypto, because there is no party that controlled the market. I mean it's about the double coincidence.
Bitcoin just like a nature form of the demand and supply.
Yes, no crypto currency can ever become stable in the crypto market. The stability is not the feature of the digital currencies. The crypto market is attracting people because of its uncontrollable fluctuations. I don’t think so stability will increase crypto investors by any means.
full member
Activity: 2478
Merit: 215
★Bitvest.io★ Play Plinko or Invest!
August 12, 2017, 11:52:38 PM
#99
bitcoin in the stable currency not only stable bitcoin price continue to uprise the value your worry about the bitcoin to fall down again i think is the part of waving of the go down go up. in my prediction the bitcoin go up in stable until the price value of 5000$.
sr. member
Activity: 1288
Merit: 253
August 12, 2017, 11:40:44 PM
#98
Bitcoin's value is tied to its demand. If the demand goes up, so will its value. The main reason as to why bitcoin is not so 'stable' is that it is entirely decentralised (mostly). The whole network is built on a platform of user trust. The only reason why fiat is 'stable' in its own way is that it is backed up by the government, however that same government is kind of screwing it over by inflating it in a bubble.

Bitcoin's price was stable before August 1 and for a few days after. Then it shot up like crazy, which it what we can see now.

Stable currency always gets influence and strong intervention from the world government, decentralization will not be able to make it happen because no one set it, bitcoin is never stable, but that is precisely what makes me more interested because can earn income from daily price difference in trading.
hero member
Activity: 666
Merit: 500
August 12, 2017, 09:03:16 PM
#97
Bitcoin's value is tied to its demand. If the demand goes up, so will its value. The main reason as to why bitcoin is not so 'stable' is that it is entirely decentralised (mostly). The whole network is built on a platform of user trust. The only reason why fiat is 'stable' in its own way is that it is backed up by the government, however that same government is kind of screwing it over by inflating it in a bubble.

Bitcoin's price was stable before August 1 and for a few days after. Then it shot up like crazy, which it what we can see now.
member
Activity: 350
Merit: 14
August 12, 2017, 06:49:30 PM
#96
i was just wondering
how much more time BTC needs to become a little more stable?
in past 24 hours BTC exchange rate have increased 19.1%

i am not really sure why it went down on the first place
but i am happy that they are UP now
& i am still wondering what make the price increase :/


to be honest i dont know much about the tech.
all i know is the rate is decided by the trading ratio & volume...

and according to news 2 largest dark web market(alphabay & hasana) have been shutdown by feds
& i think that most of the BTC transaction come from dark web......
so closing of those market should decrease the trade volume
and it should affect the price......
so down it mean that exchange rate will decrease again??
The only thing that affects the stability of Bitcoin's value is its market's demand. Its market's demand make it volatile or having the chance of sudden increase and decrease in terms of the value. Maybe, if there'll be more people here in Biycoin community, Bitcoin's value will be less volatile.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
August 12, 2017, 02:49:45 PM
#95
Stable currency value is impossible because currency's price is always changes because of the economy also bitcoins price is depends on how many people are investing on it. So currency really can not become stable its value changes always.
All the currency that are functional under the government falls under the stable currency. These stable currency gives the users the trust because the currency is backed by government whereas the bitcoin is decentralized and functions on the open platform.
sr. member
Activity: 798
Merit: 255
August 12, 2017, 02:29:35 PM
#94
Stable currency value is impossible because currency's price is always changes because of the economy also bitcoins price is depends on how many people are investing on it. So currency really can not become stable its value changes always.
hero member
Activity: 910
Merit: 523
August 12, 2017, 09:30:29 AM
#93
i was just wondering
how much more time BTC needs to become a little more stable?
in past 24 hours BTC exchange rate have increased 19.1%

Bitcoin price fluctuations affected by supply and demand (buy and sell) in every exchanges, just simply like that.
Bitcoin may need more than 30 years to become more stable, when bitcoin has spread widely and there's no one which hold bitcoin in huge amount (100k - 1 Mil) as he can sell and affect bitcoin price. At least when bitcoin reach higher price, people will think twice before sell their precious bitcoin and prefer to spend it to purchase goods.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
August 12, 2017, 08:54:40 AM
#92
i was just wondering
how much more time BTC needs to become a little more stable?
in past 24 hours BTC exchange rate have increased 19.1%

i am not really sure why it went down on the first place
but i am happy that they are UP now
& i am still wondering what make the price increase :/


to be honest i dont know much about the tech.
all i know is the rate is decided by the trading ratio & volume...

and according to news 2 largest dark web market(alphabay & hasana) have been shutdown by feds
& i think that most of the BTC transaction come from dark web......
so closing of those market should decrease the trade volume
and it should affect the price......
so down it mean that exchange rate will decrease again??

Stable currency can be called bitcoins in other way as it's taking its real position in the world market day by day so there's probably a chance that bitcoins may take dollar and get ahead as the most valuable and stable currency in the world

True, bitcoin is rated as stable against altcoins, so it's commonly used, however, if you compare it to cash, its value is too volatile, not trending certain.

Bitcoin was stable few weeks ago when price was in steady range meaning 1-2% price fluctuation up and down. When this chain is broken then price is rising or falling. But if we compare it to some alt bitcoin is rising and alt are stable at the moment. Some say let it stay like that others that alt will go up some say they will fall.

On other hand cash, papers money used for centuries around the globe in different forms and shapes is something that when need can be printed, so technically values of that is going down and bitcoin is going up.
copper member
Activity: 840
Merit: 114
August 12, 2017, 01:45:44 AM
#91
I hope so bitcoin will be the world currency.If this happen people will use bitcoin.And all bitcoiners will have an stable profit of bitcoin.Maybe people will be interested of joining this online job because its a good extra source of profit.And the world need a stable currency until the end of rhe earth for quick communications.
I don't really agree, bitcoin is a virtual currency that is not stable in the internet world. in the stabillannya that many users happy and many joined because it could grow even higher and vary, so from that bitcoin is great for supporting the development of the world economy. If this is used then they will get more than they imagined with his speed. and will impact both for the present nor the future.
hero member
Activity: 896
Merit: 500
August 11, 2017, 12:42:34 PM
#90
i was just wondering
how much more time BTC needs to become a little more stable?
in past 24 hours BTC exchange rate have increased 19.1%

i am not really sure why it went down on the first place
but i am happy that they are UP now
& i am still wondering what make the price increase :/


to be honest i dont know much about the tech.
all i know is the rate is decided by the trading ratio & volume...

and according to news 2 largest dark web market(alphabay & hasana) have been shutdown by feds
& i think that most of the BTC transaction come from dark web......
so closing of those market should decrease the trade volume
and it should affect the price......
so down it mean that exchange rate will decrease again??

Stable currency can be called bitcoins in other way as it's taking its real position in the world market day by day so there's probably a chance that bitcoins may take dollar and get ahead as the most valuable and stable currency in the world

True, bitcoin is rated as stable against altcoins, so it's commonly used, however, if you compare it to cash, its value is too volatile, not trending certain.
hero member
Activity: 728
Merit: 502
August 11, 2017, 12:35:06 PM
#89
The biggest influence on price of Btc have selling and buying. When people buy Btc, the price rises, When people sell Btc, the price falls. Influence on price also have darknet sites such as an alphabay.
You have a point in this matter dude, which is true and correct. That is the reality happened in the exchange market place, where most of the traders are selling their coins once the value increase 5 to 10% so the result many sellers do sell of course price will fall down.
well I think selling or buying of the bitcoin is not the point now the point is to find a proper way and a proper time for it if you will sell your bitcoin at the low price time then you and a lot of markets will see the loss but if you will wait till the price of the bitcoin will increase then you will get profit so time of selling matters a lot to make bitcoin stable will take time and we have to wait till then nothing happens in hours and days it takes time to become stable so be calm and wait.
newbie
Activity: 54
Merit: 0
August 11, 2017, 07:40:36 AM
#88
i was just wondering
how much more time BTC needs to become a little more stable?
in past 24 hours BTC exchange rate have increased 19.1%

i am not really sure why it went down on the first place
but i am happy that they are UP now
& i am still wondering what make the price increase :/


to be honest i dont know much about the tech.
all i know is the rate is decided by the trading ratio & volume...

and according to news 2 largest dark web market(alphabay & hasana) have been shutdown by feds
& i think that most of the BTC transaction come from dark web......
so closing of those market should decrease the trade volume
and it should affect the price......
so down it mean that exchange rate will decrease again??

Stable currency can be called bitcoins in other way as it's taking its real position in the world market day by day so there's probably a chance that bitcoins may take dollar and get ahead as the most valuable and stable currency in the world
hero member
Activity: 959
Merit: 500
August 11, 2017, 06:19:12 AM
#87
i think from now on, the price will be up and down at $24xx and $23xx. and if down or crashed, i hope the price will not down more than $23xx but it is still possible to down at that price. i see the trend is around at that price and if market giving a positive movement then the price will be increase and reach more than $25xx. bitcoin is difficult to be stable because the price is too volatile and its depend with supply and demand.

Because this fluctuating bitcoin price is the attraction of everyone to benefit from bitcoin, and now the bitcoin price of about $ 3500 will always change, and I agree with you the bitcoin price fluctuations are affected by the huge demand and supply in the Crypto Market

Bitcoin needs to be volatile.
Volatile currencies are liked by the tradesr because they earn more from the ups and downs.
And traders bring a good amount of money into the bitcoin system.
Without them the price would not be where we are right now. And from a high price everybody profits.
sr. member
Activity: 434
Merit: 250
August 11, 2017, 05:43:34 AM
#86
i think from now on, the price will be up and down at $24xx and $23xx. and if down or crashed, i hope the price will not down more than $23xx but it is still possible to down at that price. i see the trend is around at that price and if market giving a positive movement then the price will be increase and reach more than $25xx. bitcoin is difficult to be stable because the price is too volatile and its depend with supply and demand.

Because this fluctuating bitcoin price is the attraction of everyone to benefit from bitcoin, and now the bitcoin price of about $ 3500 will always change, and I agree with you the bitcoin price fluctuations are affected by the huge demand and supply in the Crypto Market
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
August 11, 2017, 05:30:56 AM
#85
Of course the stable digital currency was still Bitcoin, the highest value amount ever in crypto world. Where nobody can surpass it, as in none of them can defeat bitcoin. As long there bitcoin community supporting it.
Bitcoin will be still the stable currency in being on the top but on its value then it is another type of discussion. Bitcoin is still the king even after a long years in cryptocurrency market and i believe that in the next 7 years, we can still see bitcoin in the top list and after 7 years we can also see a stable price on bitcoin.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
August 11, 2017, 04:46:07 AM
#84
i think from now on, the price will be up and down at $24xx and $23xx. and if down or crashed, i hope the price will not down more than $23xx but it is still possible to down at that price. i see the trend is around at that price and if market giving a positive movement then the price will be increase and reach more than $25xx. bitcoin is difficult to be stable because the price is too volatile and its depend with supply and demand.
hero member
Activity: 756
Merit: 500
August 11, 2017, 04:27:23 AM
#83
Of course the stable digital currency was still Bitcoin, the highest value amount ever in crypto world. Where nobody can surpass it, as in none of them can defeat bitcoin. As long there bitcoin community supporting it.

By stable, he probably means stability of its price, but not itself.

I never heard of this in any news that the most of bitcoin transactions come from dark webs. There are millions of people in the world, transacting bitcoins everyday from a place to another, and that is what makes the price move up or down. As long as bitcoins are in circulation, the price will not be stable.
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