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Topic: Stop calling Bitcoin ''stable'' it's not. - page 7. (Read 1945 times)

legendary
Activity: 2702
Merit: 3045
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November 13, 2018, 06:22:29 PM
#64
Bitcoin price is more stable right now compared to last months/years, thus, I don't expect this situation will last forever and there will be a huge mouvement (according to many experts in the field).
Maybe it is "the calm before the storm" though.
sr. member
Activity: 552
Merit: 250
November 13, 2018, 06:19:12 PM
#63
That is true bitcoin it will never be stable many of who don't  really understand that saying bitcoin is stable but that is wrong bitcoin was always fluctuated. Bitcoin right now was falling but a little bit rising so that this is not stable stop saying bitcoin will stable value. The fluctuation  of the value was enough for those traders and investor and it will never be stable.
full member
Activity: 546
Merit: 102
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November 13, 2018, 06:14:50 PM
#62
Can't really have that without a large entity fixing its value to stuff they control. This mentioned stuff would have to be something essential to most of us.

With that kind of power they could force people into their own coin instead though.
copper member
Activity: 648
Merit: 159
November 13, 2018, 06:02:35 PM
#61
Stable coin if btc backed by something like usdt or tether. This bitcoin is so volatile, after hit its ATH then its already down about 3x from the ATH. Then we are waiting fot the next explode, at least its will recover as soon.
full member
Activity: 2576
Merit: 205
November 13, 2018, 05:32:48 PM
#60
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.


Everybody saying bitcoin is stable because stable moves at the price playing low volatility
Stay their price at the slow movements of fluctuations are enough for the holders rather than to quick dumped
The bomb are waiting to explode next year be patience
newbie
Activity: 28
Merit: 0
November 13, 2018, 05:13:57 PM
#59
We can not call it stable because it will fluctuate day by day, but it is still in a stable state
jr. member
Activity: 498
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November 13, 2018, 05:07:47 PM
#58
In the short run it can be stable but in the long run no one knows what will happen but it's more likely to be volatile than stable.
member
Activity: 221
Merit: 10
November 13, 2018, 04:52:52 PM
#57
In my opinion, this has all been known for a long time; if someone talks about stability, then this concerns the price of bitcoin in the short run. Of course, such conversations can be misleading for newcomers, but they can also figure out the situation by following the course change for two to three years.
hero member
Activity: 1064
Merit: 505
November 13, 2018, 04:20:28 PM
#56
Stop calling the global markets "stable" they are not.

Low volatility doesn't mean stable. The global markets have experienced periods of low volatility many times, however this doesn't mean the global markets are stable, not even close. We all know it doesn't take much for the global markets 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.

Wink

The Bitcoin market just happens to be faster, with shorter boom-bust cycles than most other markets. Still a good observation OP and an important one to keep in mind, lest one deems one too safe for their own good.

I get what you are saying, nothing is really ''stable'' but yeah, people might be getting a little to comfortable. This is exactly the best time for bitcoin to experience a big move (could be to the upside or the downside) when everyone is looking somewhere else. I truly believe bitcoin will be able to recover somewhat, maybe hit 10k again, we have seen pretty good news this whole year really.
member
Activity: 490
Merit: 10
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November 13, 2018, 03:49:28 PM
#55
Let us put in mind that we have different understanding and beliefs. If someone tells that bitcoin is stable maybe he/she find a reason about it. That is why it is good to respect their beliefs. For today it is clearly to see that bitcoin is unstable because of its price.
jr. member
Activity: 244
Merit: 3
November 13, 2018, 03:06:41 PM
#54
Please, lets take this easy with ourselves. For one to say Bitcoin price is stable doesn't mean that in the real sense it is but comparing the last days in the year of 2017 to that of 2018, one would say the price is pretty stable because of it fluctuation. In my own analysis, i would say that the price is more likely to be called a "stable price" pretty one like that mate.
jr. member
Activity: 482
Merit: 3
November 13, 2018, 03:01:30 PM
#53
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.

I want to believe when people say the price is stable, they are not referring to it volatility but the price has maintained a steady range for a long while. It's just a misconception from most people.
newbie
Activity: 15
Merit: 0
November 13, 2018, 02:55:08 PM
#52
Do we have any bomb diffusion experts who can keep it stable for a few months longer? The ETF guys prefer bitcoin to be stable, the volatility is one reason why they keep rejecting it
ETF did not reject bitcoin they just extent the date for take decision to approve or reject bitcoin. i think ETF will not reject the bitcoin because if they want reject they will take quick decisoin for reject but didn't . they will approve and now all traders are calm just for approved bitcoin By ETF.
hero member
Activity: 1470
Merit: 509
November 13, 2018, 02:35:02 PM
#51
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.
Completely true. Everywhere i look everyone talks about being stable as if it would be useful to be stable. Even if the result of the explosion will bad Bitcoin will recover again. Just because everyone has compared Bitcoin to the previous year and they have come to this conclusion. Before reaching this conclusion need to investigate thoroughly.
jr. member
Activity: 140
Merit: 1
November 13, 2018, 02:05:03 PM
#50
In the cryptocurrency market, the whole cryptocurrency is not stable and I think this is what attracts people. I think that's a plus not a minus.
member
Activity: 462
Merit: 10
November 13, 2018, 01:25:30 PM
#49
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.
yes bitcoin is unpredictable. it could suddenly rise or fall in a long or short period of time. That's mean bitcoin is not stable at all. No one knows what will happen tomorrow or later
newbie
Activity: 3
Merit: 0
November 13, 2018, 12:51:42 PM
#48
I agree! Standard currencies are not stable and are known to constantly increase and decrease in value, so why would cryto currencies be exempt from this. Crytocurrencies, like stocks, bonds, and gold, are an investment that always run the risk of decreasing.
full member
Activity: 490
Merit: 100
November 13, 2018, 12:01:42 PM
#47
In my opinion People who saying bitcoin is Stable because they just compare bitcoin price in 2017 and 2018, in the last year we have seen the price movement very fast but it is not happen in this year but of course that is not mean bitcoin price is really stable because bitcoin is a crypto currency. The value of crypto are made fluctuate.
full member
Activity: 434
Merit: 101
November 13, 2018, 11:39:10 AM
#46
From first day till now one thing is telling by every one and that is crypto market is very risky and it can not controlling by a central authority so it can not be stable but some time it moves by forces when demand rise the price show upward movement and market become bull and vice versa and bitcoin is stable when the people have a strong trust on it and they keep this currency for long time so the speculative activities will be less and stability will be increases at that time.
copper member
Activity: 336
Merit: 1
November 13, 2018, 11:06:28 AM
#45
Do we have any bomb diffusion experts who can keep it stable for a few months longer? The ETF guys prefer bitcoin to be stable, the volatility is one reason why they keep rejecting it
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