Stop calling Bitcoin ''stable'' it's not. - page 9.

Twentyonepaylots

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Quote from: khufuking on November 13, 2018, 04:44:16 AM

Bitcoin is stable at the moment but that does not mean that Bitcoin is a stable coin and as you said a lot of people if not all are waiting for the next bull run. I believe whoever describe Bitcoin as stable he/she just meant to describe the situation at the current moment not describe Bitcoin itself, in fact, we can describe the whole market situation at the moment as a stable period but we all know that not gonna last forever and will change very soon.

Wow, a battle of different opinion on "STABLE"? some would say that it is stable on the market as Bitcoin status, i would say that Bitcoin has a good fundamentals, clear market structure, with high consumer's confident as posted in the market, Status of one coins remains Volatile as applies to all in the crypto market, it all dependent on the volume of investment put in by the investors, again it is individual opinion on whether or not Bitcoin is stable? Market is Volatile.

bellamente

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Now bitcoin is massively buying American private foundations.

At the same time, transactions take place outside cryptocurrency exchanges, so you cannot see the growth of a coin. When it is profitable, the bull will show itself.

sultanGol

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I would not say Bitcoin is stable, but it is getting more stable, than in the past, that is what I see. And I know, it is tricky, seems like it is not able to move any direction, and than suddenly we will see a huge pump (hopefully

)

PsylockReborn

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Quote from: XinXan on November 12, 2018, 07:46:38 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.

Bitcoin's value will never be stable until it will be fully adopted and used as a currency and once it'll reach its supply limit.
No one can really predict what will happy to the values of bitcoin.

I just don't know why some are claiming to be experts when all they did was just speculating.
We can speculate anytime we want, since there are no facts that can back up the fluctuations of bitcoin's value.

The value of bitcoin is determined by the adoption and usage of the people to the crypto.

khufuking

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Bitcoin is stable at the moment but that does not mean that Bitcoin is a stable coin and as you said a lot of people if not all are waiting for the next bull run. I believe whoever describe Bitcoin as stable he/she just meant to describe the situation at the current moment not describe Bitcoin itself, in fact, we can describe the whole market situation at the moment as a stable period but we all know that not gonna last forever and will change very soon.

Brandy007

newbie

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You are right , it is not rather it fluctuates to and forth like a oscillator.

cizatext

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If you have study bitcoin very well one of it clear feature is volatility and that means it price in the exchange market can never be stable due to this, and since it operate on the economic law of demands and supply there will be constant volatility because the demand can never be the same but as investors we all hopping for another bull run again in other to make profits out of the market.

onrise

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Quote from: BuyBuyBitcoin on November 13, 2018, 02:20:11 AM

why would we want it stable when it's so under valued currently Cool

Bitcoin if you consider from past couple of months it is hovering between 6-7k range only and we all know how volatile this crypto market is. So considering that fact I would say last few months have being quite stable though we had some ups and down as well but that is expected. Yes the current market is undervalued and hopefully if things remain good we will soon have a huge demand in the market.

dothebeats

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Cashback 15%

Bitcoin's volatile nature will never be removed due to it being a free-for-all market. It experiences a short stint of low market activity, but yes, that doesn't mean it's being stable or it will be any sooner. I like to picture bitcoin as a bomb with an external triggering device that could go off any second. Sure there are times when the bad guys don't want anything to happen but it doesn't mean that the bomb lost its potential to explode. Right now, there aren't any reason to get the price going up that's why everything seems stable.

Naughty Princess

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Quote from: mariah.sadio on November 13, 2018, 02:42:07 AM

The price of bitcoin is very volatile. It does not mean that if its value is low then it will now be stable. That's why we called it volatile because yes its price indeed now is very low but there will still be the chance that it will go back to normal or even higher price it's not just now. No one can predict its timing if it will start to get normal again.

The price moves slowly on the market doesn't mean stability, the price changes everytime even low or high and it is volatility. There is a chance that the price will bull at any moment. Price does not move for a long time is what you called stability like fiat, bitcoin is not. Wait some time and people won't think that it is stable anymore.

peter0425

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Of course bitcoin will remain volatile because its based on speculation. But people is saying that its somewhat stable because of the current movement of its price, probably its been more than 3 months (after bottoming) that we have seen the price just moving around the $6k-$6500k price range, so definitely there's some truth on it being stable at the current time. But eventually it will move and fluctuations will rise again. Its that its possible to see and experience low volatility from time to time.

YuginKadoya

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They can surely call it whatever they like even if it is stable for now or low stability or just stable it is up to them, I really think many that are calling bitcoin stable are just new to this forum or new to bitcoin or they are just being sarcastic in saying it, We can not know what they might think or sometimes the understanding of the volatility of bitcoin is just so little.

I know you only want them to learn but that is what they know about bitcoin, But if you have said that bitcoin's price is stable it means that it is firmly fixed so I think I understand what are you feeling there might be some newbies who would misunderstand bitcoin's movement.

rikybrosh

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Quote from: XinXan on November 12, 2018, 07:46:38 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.

You meant the price could rise anytime? Okay I think so. Bitcoin price could not be stable yet, actually bitcoin market is being played now so you guys must aware about the price chart. Bitcoin price will not going down because actually bitcoin demand is big but there are some big investors who sell their bitcoin gradually. Bitcoin price will be more stable when less people who become bitcoin trader.

mahibul49

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bitcoin price is so undervalued right now and yes bitcoin is not stable currency bcz it is crypto currency.currently the price of bitcoin is so volatile and market cap is also low.bitcoin price will be stable very soon.

jademaxxiss012

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Probably they are referring about the 6K usd market price stabilization though generally bitcoin will not become stabilized due to its current system that is decentralized. It may be better if we will not consider bitcoin market price stabilization. I agree with you OP. We should stop calling bitcoin stable in its market price.

charlotte04

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Quote from: XinXan on November 12, 2018, 07:46:38 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.

Yep, how can you tell a coin stable when you want it to go on higher price and even go down? People are mistakenly saying this all the time.

Pursuer

legendary

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Where is my ring of blades...

well bitcoin is stable! so you can call it "stable" but calling it stable doesn't mean it will not start being volatile again. and I believe that is what most people who call it "stable" mean. I don't think anybody has the delusion of thinking this is it, and we will stay at $6300 forever. everyone knows that the rise will start soon and we will see the same thing as we always do.
and don't forget that this is not the first time bitcoin became "stable". the last long time was back in 2015 when price was stuck at $220 for a long time. and bitcoin was "stable" back then too.

jseverson

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Quote from: XinXan on November 12, 2018, 07:46:38 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.

I don't think people really mean it in that way. I think it started when Tether lost hold of its peg while Bitcoin was retaining value well. Then this added to the hype:

https://www.bloomberg.com/news/articles/2018-11-02/s-p-500-s-wild-ride-makes-u-s-stocks-more-volatile-than-bitcoin

People then just started saying that Bitcoin was the new stablecoin lol. But yeah, what they usually mean is low volatility. I'm pretty sure no one expects this trend to stick. It's a minor semantics issue.

beliomir

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Quote from: XinXan on November 12, 2018, 07:46:38 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.

Yes, you are really right. This is written by people who are recently on the market or in a comic form.

mariah.sadio

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The price of bitcoin is very volatile. It does not mean that if its value is low then it will now be stable. That's why we called it volatile because yes its price indeed now is very low but there will still be the chance that it will go back to normal or even higher price it's not just now. No one can predict its timing if it will start to get normal again.

Topic: Stop calling Bitcoin ''stable'' it's not. - page 9. (Read 1945 times)