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Topic: What can be done to make bitcoin stable? - page 23. (Read 30354 times)

legendary
Activity: 3206
Merit: 1213
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October 20, 2018, 12:04:15 PM
Bitcoin doesn't need to be stable, the uniqueness that's been observed over bitcoin is the price fluctuation. When it is stable it'll get termed as other traditional assets and there is nothing value of having it. To me bitcoin needs to be fluctuating, but it is easily manipulative which causes large scale price growth as well fall making the investors fear about it.
sr. member
Activity: 1582
Merit: 352
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October 20, 2018, 11:51:36 AM
I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?
Things that are meant, made and intended to be unstable aren't something that we need it to be done for us to just see something to be a stable one like Bitcoin prices. As we all know that volatility is it's nature not only Bitcoin but cryptos in general. I think unstable assets has the fastest rate of gains than those with stable like fiat money. The only problem with unstable asset is that we are prone to loss while in a stable asset gains could be so slow.
full member
Activity: 1106
Merit: 166
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October 20, 2018, 11:21:42 AM
Having a stable market would be a great for us because it can give boost the morale to all investors and to the future investors as well. We haven't seen yet a stability of bitcoin because of the volatility attached to it but i maybe a solution for that is a mass adaptation to all people and believe in crypto currency as well as for the government and banks to be involved as well. It may not be now or sooner but few years from now we can see what could bitcoin do.

The circulating supply of BTC has not been yet fully used which means it's value will continue to have a fluctuation. There are a lot of crypto users who made a transaction everyday which it is for now impossible to happen about this stable issue.


The most stable of cryptocurrency will definitely important, stability is not a matter for the development in cryptocurrencies all are possible at any time so we can definitely ready for them to face immediately without any delay that's why many people and much more profits in this field
jr. member
Activity: 322
Merit: 1
October 20, 2018, 09:20:39 AM
I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?

Recently, bitcoin shows sufficient stability, which has already begun to resemble the classic stock market. Anyway, regulation can help stability. This is exactly what the big players are seeking. Lower volatility should favorably affect the entire cryptocurrency market. Although there are opponents of this.
full member
Activity: 602
Merit: 100
October 20, 2018, 08:23:25 AM
Having a stable market would be a great for us because it can give boost the morale to all investors and to the future investors as well. We haven't seen yet a stability of bitcoin because of the volatility attached to it but i maybe a solution for that is a mass adaptation to all people and believe in crypto currency as well as for the government and banks to be involved as well. It may not be now or sooner but few years from now we can see what could bitcoin do.

The circulating supply of BTC has not been yet fully used which means it's value will continue to have a fluctuation. There are a lot of crypto users who made a transaction everyday which it is for now impossible to happen about this stable issue.
sr. member
Activity: 1288
Merit: 253
October 20, 2018, 07:58:56 AM
I don't think Bitcoin will be stable now and it doesn't need to be stable. The cryptocurrency has only begun to become more expensive in the world in the future, so it will not be stable now and will be stable in the future.
bitcoin grows because of price fluctuations that tend to be extreme, if from the beginning of BTC is stable then there will be no strong interest from new holders and investors. The possibility of staying stable and the strongest factor is if BTC is finally regulated by the world economy. but many people doubt this and want bitcoin to stay in the corridor as usual.
legendary
Activity: 2716
Merit: 1017
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October 20, 2018, 05:29:23 AM
I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?
Bitcoin has not been stable since the beginning. I think there is no way to make it stable, there is no value determination on bitcoin if it does exist, it might be stable. But the demand and supply of some different people who use bitcoin makes the value unstable.
newbie
Activity: 70
Merit: 0
October 20, 2018, 05:21:59 AM
I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?
To make bitcoin stable, then bitcoin must have rules and regulations, meaning, bitcoin must be made legal already. But there would become many negative effects.
If bitcoin become non-volatile then it become useless too. Bitcoin can only gives you profit when you do invest with it. Its work same as stock market, GOLD and Silver. People buy them and store for long term.
member
Activity: 415
Merit: 10
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October 20, 2018, 03:15:40 AM
I don't think Bitcoin will be stable now and it doesn't need to be stable. The cryptocurrency has only begun to become more expensive in the world in the future, so it will not be stable now and will be stable in the future.
legendary
Activity: 3248
Merit: 1179
October 20, 2018, 03:08:39 AM
Having a stable market would be a great for us because it can give boost the morale to all investors and to the future investors as well. We haven't seen yet a stability of bitcoin because of the volatility attached to it but i maybe a solution for that is a mass adaptation to all people and believe in crypto currency as well as for the government and banks to be involved as well. It may not be now or sooner but few years from now we can see what could bitcoin do.

Investors are seeking for profit, why would they invest in stable market that have a little chances to grow? I`m not sure about stability in the future too, bitcoin will always be traded, that makes supply and demand volatile, we constantly sell and buy bitcoin. What can lead to stability, only one thing bitcoin reaching it`s top price and people start to use bitcoins directly, without much trading with it. When that can happen? Not in next 10 years for sure, crypto is blooming, it will take even more time to reach it`s full capacity.
member
Activity: 2044
Merit: 16
October 20, 2018, 02:57:38 AM
Having a stable market would be a great for us because it can give boost the morale to all investors and to the future investors as well. We haven't seen yet a stability of bitcoin because of the volatility attached to it but i maybe a solution for that is a mass adaptation to all people and believe in crypto currency as well as for the government and banks to be involved as well. It may not be now or sooner but few years from now we can see what could bitcoin do.
full member
Activity: 350
Merit: 100
October 20, 2018, 02:48:39 AM
To stabilize Bitcoin, I think I need to legitimize it. then I think as a financial instrument, it will be quite stable.
newbie
Activity: 71
Merit: 0
October 18, 2018, 01:49:30 PM
Isn't bitcoin a bit stable in a way this year because it floats in the $6000 mark? Even if it goes up or down, it's not much, so I'd say it's already pretty stable for now. The question, however, is what if it goes way up again? How do we make it stable? To be honest, I don't know. Maybe it's never meant for it to become stable. What do you think?
member
Activity: 322
Merit: 10
October 18, 2018, 01:41:59 PM
fixing bitcoin price is very difficult in my opinion. Because as long as supply-demand creates it, it's hard to have a fixed price range. but let's say it's fixed in a certain range then it could work in many sectors that you get in the sense of shopping that you really get in the sense of trading.
sr. member
Activity: 784
Merit: 252
October 18, 2018, 12:41:11 PM
I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?
I think for stable bitcoin things will be difficult, you have to have as much bitcoin as possible. what's wrong with taking profits because everyone invests in wanting profits is that wrong?
full member
Activity: 2352
Merit: 245
October 18, 2018, 12:19:57 PM
I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?
Bitcoin, like any other decentralized cryptocurrency, can never be stable in its price. The price of bitcoin depends entirely on the ratio of supply and demand in the market, and supply and demand depends on many factors and can never be constant.
Common currency is always supported by the state, its central banks. It is also provided with gold reserves of the country and gross domestic product, that is, all movable and immovable property of this country. This is not in a decentralized cryptocurrency.
sr. member
Activity: 672
Merit: 250
October 18, 2018, 11:50:45 AM
I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?
To make bitcoin stable, then bitcoin must have rules and regulations, meaning, bitcoin must be made legal already. But there would become many negative effects.
not only that but with so many making good news about bitcoin, of course I am sure that bitcoin can go up and keep its price stable, because bitcoin is very sensitive if there is bad news about it
full member
Activity: 490
Merit: 100
October 18, 2018, 11:45:49 AM
I think this takes time. It will put everything in its place. The formation of the market is always difficult.

The years can pass by but the market will be not stable. everyone, who is dealing with the cryptocurrencies must take it as a rule: alts and BTC will be always volatile.
sr. member
Activity: 728
Merit: 250
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October 18, 2018, 04:22:34 AM
I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?
I believe that there is no need to make Bitcoin stable so that it is legalized and accepted as a means of payment, because the whole point and idea of ​​creating a decentralized digital currency is lost. Bitcoin has already been accepted by means of payment in some countries, and it takes only some time for such countries to be larger.
full member
Activity: 658
Merit: 106
October 18, 2018, 03:54:44 AM
nothing will make Bitcoin price conditions stable, you must be able to see from a very limited total supply of bitcoin and you also have to be able to see where the very high bitcoin demand exchanges will make bitcoin always have price movements up and down, so the price of bitcoin will never be stable.
bitcoin price would not be stable forever.if its price stable, there is no opportunity to gain profit from it.unstable price create new demand and attrack more investors come to market.
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