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Topic: Stop calling Bitcoin ''stable'' it's not. (Read 1945 times)

newbie
Activity: 42
Merit: 0
November 19, 2018, 01:29:28 PM
All we know that the price of bitcoin is very volatile, but it does not mean that if its value is low then it will now be stable.
legendary
Activity: 1386
Merit: 1001
November 19, 2018, 03:51:49 AM
I agree bitcoin is not yet stable since we can see a small FUD can shaken the market.  Stability for me means the price is not greatly affected by any outside news, it may be affected but will never react such as what happened right now.  Aside from that, any asset cannot be considered stable when it is actively traded in the market.  Prices always change and I agree with all of the member here saying low volatility is the term but I guess bitcoin is far from being that.
For bitcoin to be separated and unaffected from FUD it needs some association with real world utility.
copper member
Activity: 53
Merit: 0
November 19, 2018, 02:53:53 AM
yeah bitcoin is not stable but it has god value in market, it will rise up soon, volatile is common in trading market.
full member
Activity: 853
Merit: 144
November 19, 2018, 12:51:03 AM
If you think bitcoin is stable then you really dont understand the concept and what goes on to make it function
Stable is the last word I would use to describe it.
newbie
Activity: 32
Merit: 0
November 18, 2018, 11:30:26 PM
i don't understand why there are anyone still call bitcoin "stable". It is not. Bitcoin's price is not stable and will never be stable.
jr. member
Activity: 308
Merit: 1
November 18, 2018, 03:46:16 PM
Bitcoin is not stable, its price sometimes goes up and sometimes goes down. It is a matter of trusting and beliefs that soon the price will goes high for a long period of time.
jr. member
Activity: 244
Merit: 3
November 18, 2018, 02:28:47 PM
Bitcoin cannot be stable because of the platform that brought it into existence. What we see today is just for a short period of time, so, let wait for the real days of Bitcoin ahead...
member
Activity: 546
Merit: 11
November 18, 2018, 01:20:01 PM
Bitcoin has low volatility but cannot be said it is stable. The rate at which Bitcoin prices rises and falls cannot be compared to other Altcoins.
full member
Activity: 700
Merit: 101
November 17, 2018, 11:07:27 PM
I have never said that the price of crypto currencies, including bitcoin, is stable, precisely the price condition of crypto currencies is never stable
sr. member
Activity: 980
Merit: 253
November 19, 2018, 06:56:01 PM
None is crying for bitcoin to be stable. We all know that bitcoin is very volatile which is the reason why traders are happy with it. If it were stable like the usdt and its kinds, the interest in it would have reduced. There are many good things that it comes with when a coin is volatile.
hero member
Activity: 1064
Merit: 505
November 19, 2018, 12:39:38 PM
yes, the proof is that bitcoin is falling again now. it proves that bitcoin is unstable, and the perception of some people when bitcoin lasts for $ 6000 is wrong. therefore, the value of bitcoin is also likely to rise again.

Yeah, haha, seems that this post has aged well. I personally was not expecting this big of a crash but as I said you never know. Now people are going to say the usual, ''buy the dip'', accumulation period, etc etc.
full member
Activity: 686
Merit: 104
November 19, 2018, 03:58:01 AM
yes, the proof is that bitcoin is falling again now. it proves that bitcoin is unstable, and the perception of some people when bitcoin lasts for $ 6000 is wrong. therefore, the value of bitcoin is also likely to rise again.
jr. member
Activity: 340
Merit: 1
November 19, 2018, 01:31:22 AM
According to research and news, bitcoin is not stable especially to the price of every single bitcoin. Many of us are nor using bitcoin to sustain their needs and no specific amount that can cover the monthly supplies of bitcoin. Yes, there are many guarantees but no specific amount and no specified date and time when the bitcoin will hit its highest pick amount. So many of us are waiting to bitcoin to increase its price or amount.
copper member
Activity: 1050
Merit: 500
November 19, 2018, 01:03:32 AM
I agree bitcoin is not yet stable since we can see a small FUD can shaken the market.  Stability for me means the price is not greatly affected by any outside news, it may be affected but will never react such as what happened right now.  Aside from that, any asset cannot be considered stable when it is actively traded in the market.  Prices always change and I agree with all of the member here saying low volatility is the term but I guess bitcoin is far from being that.
newbie
Activity: 2
Merit: 0
November 19, 2018, 12:59:52 AM
Hi,
Bitcoin is not stable true , but why bcus

its decentralized and no one control it ,

for example every country have there own currency and they have bank and control over it etc

Bitcoin can go high or low fast depend on investment or cashout , bad or good news etc

but in long term it is staying forever the way it is created !

people can only have trust in it bcus it give them freedom
member
Activity: 532
Merit: 18
Bitcoin lover!
November 19, 2018, 12:49:12 AM
Low volatility doesn't mean stable. Bitcoin has experienced periods of low volatility many times, however this doesn't mean bitcoin is stable, not even close. We all know it doesn't take much for bitcoin to explode, either up or down. That's absolutely still in the cards, I mean everyone is waiting for the next bull run and some people are waiting for a big crash.

It's like saying, this bomb is stable because it hasn't exploded yet.
Of course, Bitcoin cannot be stable in nature. It has only been for some time due to various factors that may seem stable in its price, but this is not at all the case. We have seen recently how Bitcoin has been raising and lowering the price of a thousand dollars in just a few hours. At any time, bitcoin can sharply react to the price of various news information.
full member
Activity: 471
Merit: 100
November 19, 2018, 12:12:11 AM
The Bitcoin price unstable everything we are know this moment,anytime Bitcoin price can going up &Down right now. I think it's captions doesn't attacks with the old Bitcoin users. Because their are have huge knowledge Bitcoin about and market situation.they are know anything Bitcoin price going rise without any reason.
Bitcoin price was stable in the last few months i think. Price up and down around 6400$-6500$, dumping start in previous week but again very soon it will increase i hope. Now say that STOP calling stable but most of the time actually BTC is stable coin. I don't think it will increase suddenly without any big news.
newbie
Activity: 24
Merit: 3
November 19, 2018, 12:01:43 AM
Low volatility doesn't mean stable. Bitcoin has experienced periods of low volatility many times, however this doesn't mean bitcoin is stable, not even close. We all know it doesn't take much for bitcoin to explode, either up or down. That's absolutely still in the cards, I mean everyone is waiting for the next bull run and some people are waiting for a big crash.

It's like saying, this bomb is stable because it hasn't exploded yet.

Hey, it's just for meme & joke. Don't get too serious about that.
full member
Activity: 471
Merit: 100
November 18, 2018, 11:57:25 PM
Low volatility doesn't mean stable. Bitcoin has experienced periods of low volatility many times, however this doesn't mean bitcoin is stable, not even close. We all know it doesn't take much for bitcoin to explode, either up or down. That's absolutely still in the cards, I mean everyone is waiting for the next bull run and some people are waiting for a big crash.

It's like saying, this bomb is stable because it hasn't exploded yet.
Something you talked right, a lot of times low volatility with Bitcoin but normally we are saying that stable compering whole of the crypto currencies market  high volatility. Bitcoin holder waiting big bull run from long times ago almost 7 months or 8 months.
newbie
Activity: 80
Merit: 0
November 18, 2018, 10:20:53 PM
Low volatility doesn't mean stable. Bitcoin has experienced periods of low volatility many times, however this doesn't mean bitcoin is stable, not even close. We all know it doesn't take much for bitcoin to explode, either up or down. That's absolutely still in the cards, I mean everyone is waiting for the next bull run and some people are waiting for a big crash.

It's like saying, this bomb is stable because it hasn't exploded yet.
isn't the instability of the bitcoin price can be our opportunity to buy? which is too emotional in trading, from the very first bitcoin always makes a very sharp leap, so a slight decline makes many people lose control, the energy still has another leap in the future we usually see not until 10 this year can be a great opportunity ...
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