Topic: What can be done to make bitcoin stable? - page 20. (Read 30376 times)

all depend on the user in the market, those who have bitcoin can give their role in the market in determining prices up or down. so it takes experience in understanding bitcoin on the market. many bitcoin fans, especially because they are tempted by the benefits that can be obtained from the market. there is always demand, which ultimately makes prices rise, and vice versa. I think, bitcoin won't be stable for a long time. it will still fluctuate.

There are some effective step to make bitcoin stable. First of all we should support bitcoin. We should avoid all the fake news about bitcoin. More and more investment on bitcoin is another step. We should avoid panic sell and should hold it with strong mind.

First we should understand factors that might influence Bitcoin prices then we can take actions or ways that probably can contribute to make its price more stable. I am gonna try to elaborate several factors that influence Bitcoin price then hopefully it can be a reference to take actions to create stability price of Bitcoin.
1. Bitcoin is influenced by issues or news information.
    News or information about bitcoin influence the stability especially negative information such government will regulate and controlled the transactions of
    bitcoin and politics decision taken by government about bitcoin. Therefore, it should be built positive information or issues to make it stable. 
2. Perceive Palue of Bitcoin Fluctuates
    Many people think that Bitcoin is like gold or the characteristics are same. This statement has been regulated and decided by the core bitcoin technology
   developer, in order to limit its production to a fixed amount of 21 million BTC. Of course this is very different from fiat currencies managed by the
   government. It is different from real fiat that totally controlled by government.
3. Small Option Value for Big Class Currency Investors
    Bitcoin volatility is also driven by holders of a large proportion of the total currency in circulation. Because, for bitcoin investors with ownership of about
    $ 10 million said that difficult to liquidate a large portion of bitcoin and turn it into fiat currency without moving the market. Therefore, bitcoin holders
    with big amount can manipulate and controlled the market.
4. Application of Taxes Affecting Price Volatility
    Bitcoin users or holders must record the currency market value of each transaction and no matter how small. In fact, this is what can cause some
    problems for users.

Those are several factors that influenced the volatile of Bitcoin price based on what I ever read, To me, if we are just a small holders of Bitcoin never think that we can influence the price, we are nothing than big holders or investors of bitcoin. What we can do is that create positive information about bitcoin, at least we take an action or contribution to support this development.
     

Yeah, it might happen if supply and demand have similar equality, maybe the price will stabilize. but you right, its won't anyone be able to control that demand and supply? because price changes are influenced by many aspects, such as news, speculation, and so forth..

I think we need more investors to make bitcoin more stable value not just like before that has a massive value in the market that make the value to easy to go down in almost a month. And I think it will soon to increase the value because of the new investors are coming in this year.

why not ? we can make bitcoin stable if we can just unite . let say we wont sell or buy at a certain time , i think that is the only way to make the price stable but it in reality it is actually hard to make a unity because every single person has thier own decisions . everyone of us do also have a different status in life . poor people cant stand a long time without selling his investments because he needs the money while rich people can do it because they didnt care at all about the money .

I think making bitcoin stable is can't be done, because the price principle of cryptocurrency price is determined by demand, while the users themselves have the own idea to make demand and supply, let alone cryptocurrency users very much, I think you still need a lot of information.

Even if it become stable i am sure it will be useless then. in cryptocurrencies the main point is its volatile. If the price stable no one will make profit all will consider it as a currency with no control.

there is no point in making bitcoin stable, with its fluctuating nature, bitcoin makes traders interested. basically if purchase and sale are same, price can be stable, but it is very difficult to control like that

Yes, bitcoin is known for its volatility and bitcoin price will never become stable, this made bitcoin very popular now. And because of big investors manipulating it, being stable will never happen.

To make bitcoin a stable coin similar to fiat currency it has to be regulations, only this way the wales can be controlled and they will make no more manipulation on the market. There is no other way.

Bitcoin prices will never be stable, because bitcoin has a very strong influence from very limited supply and very high demand making bitcoin very difficult to be stable there will be price movements because of the influence of buyers and sellers interacting with each other.

like that it's a bad idea, where the only way to make Bitcoin prices stable is to make bitcoin a centralized digital currency with total supply adjusting the incoming and outgoing FIAT currency
this is very risky, because everyone also really wants to monopolize bitcoin, even if only in the imagination

I probably say that bitcoin's price are not be going to stable because I guess that people are still investing on it because of profit so the price will going up and down every single day so there are no such details when bitcoin will stabilize and stable its value.

I agree, I don't want Bitcoin to be a stable cryptocurrency since I do like the volatility of Bitcoin. it is the root of it's popularity and the reason why a lot of investors want to invest on it.

Making Bitcoin a stable crypto, I guess that also means that it will be also removing the decentralization. Fiat are not decentralized, they are so close to being stable and I think that is what people are wanting to happen. I don't like that, as I said I like the volatility and making it stable means someone will actually own Bitcoin and will control it and I don't like that either.

Bitcoin can never be stable because there's no one behind it. There's only two option for bitcoin and cryptocurrencies either it can die or live there's no way to make it stable.

I don't think any cryptocurrency can be said to be stable because it has become the nature and risk of cryptocurrencies so in other words before investing of course we must have confidence and patience in investing and we must be smart in seeing every opportunity we get in investing

Is it possible make bitcoin price stable? Even with marketcaps that reach hundreds of millions every day circulate in the market,
does not make bitcoin prices stable? then what makes prices stable in the future as you say?

I think one way to make BTC stable is to educate/make more people know about Bitcoin. BTC needs more volume which means more adoption.
Thats my opinion.

If people lack the capability to think by themselves and use bitcoin out of their own initiative then they are not going to be an asset and instead are going to be a liability for the community, bitcoin does not need the government, and the proof is that bitcoin is already one of the most valuable currencies around the world and only a few million people have adopted it yet, it is true that we need massive adoption if what we want is the stability of the price of bitcoin but we cannot acquire that stability by sacrificing its principles.