What can be done to make bitcoin stable? - page 27.

TheClownSong

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Quote from: Harkorede on September 29, 2018, 06:40:23 PM

Bitcoin will forever be anything but stability is out of the picture. Due to its decentralization and high volatility which is determined by the market, there is definitely no way for Bitcoin to be stable. That being said, for Bitcoin to ever attain stability then It will have to be Centralized and Governed by a party and as well its price will also need to be dictated by a specific party or product, and not determined by the market as the case currently is.

I am agree with you. Its hard for bitcoin price become stable because have limited supply and not dictated by any authorities. Different with paper money that controlled by central banks, bitcoin is decentralized cryptocurrency and no one authorities have a right to control bitcoin system

Usafstar

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If we want to do good for the bitcoin promotion and in these days f we not sell our coins and bitcoin investment is good for the bitcoin stability and during these days we should buy more and more bitcoin for market growth and bitcoin is better alternative for stock market investment and a good payment system for the huge businesses less costly.

Tosyn2

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Cryptocurrency nature doesn't permit a measure to be tokens inorder for the price to be stable bitcoin is not a currency control by government the price is determine by buyer and seller.

nguli

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I think that can make this bitcoin price stable when there are no more enthusiasts, which means no one will buy bitcoin anymore, the price of bitcoin will be stable because there is no demand anymore.

syaripudin

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Bitcoin price fluctuations will move up and also fall rapidly, this is caused by market demand. so if you ask about the stability of bitcoin it is likely that if the market demand between the seller and the buyer tends to be balanced it can happen but it is very difficult because many people are thinking of making profit with bitcoin by investing and immediately making profit when it is sufficient for what which has been invested.

Nhebu

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Hm. There is no way for bitcoin to stabilize. A lot of investors are buying bitcoin specially when there are catalysts that will affect the future price. Having a great demand will result for a higher volatility of the coin and that what bitcoin is. Many people are still putting their support in this coin and it caused its fluctuation.

raven7886

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Quote from: maitexisi on October 01, 2018, 01:15:25 AM

Cryptocurrencies are highly volatile, and there's no way we can make the price of bitcoin stable, unless nobody recognizes and USES it, then the price of bitcoin is zero, but that's simply not possible.

Stability is something that can only happen with a controlled market like fiat and even at that, when you are trading fiat to fiat pair, they are never stable.

As long as you see 1 bitcoin to be equivalent to 1 bitcoin, then that as far as I am concerned is stability on its own since there is a limited supply anyway, but if we want to start pairing with fiat or other market, apparently, anyone should know that market will always move against each other, as long as they are not valued the same way and they will equally want to each show strength or weakness at some point against each other. So, in that case, when someone is asking for stability, I guess they are asking for something they obviously cannot get.

batang_bitcoin

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There's no way to make bitcoin stable in pricing.

From the very start bitcoin doesn't have a stable price but somehow it can be stable for awhile but after few weeks/months it will change. And with what you notice with those people, it's a market instinct and you have to adopt that as well. They buy if there's a need to do so and if the market is in favor of buying.

fakegurutu

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Quote from: SnowAugustine on September 20, 2018, 07:28:31 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?

This is just my opinion about how will bitcoin become stable, maybe if bitcoin would be accepted by the entire world as a way of payment and as a currency, the volatility of it will disperse and bitcoin will be included in the stock market where prices dont move at all unlike it its counter part, the crypto market.

bitcoinerjawa

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you need to know the price of bitcoin I think it will never be stable, it is possible because this bitcoin has a very limited total supply and bitcoin also has a very high demand so that the price of bitcoin will never be stable, every time it will always have an upward price movement and down.

Johnyz

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Quote from: Pab on October 05, 2018, 02:21:18 PM

Legalize crypto in some way and implemented trading regulations
punish all that illegal on fiat money market trading
Imagine daily flash crash on fiat market
Now together with all that fake future it is most profitable way of making money on bitcoin

There should be a punishment for every manipulators and KYC should be done no matter who you are. But in reality, its hard for bitcoin to become stable because of so many reason. Maybe we should start learning on how to trade well in this volatile market.

BartS

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Quote from: SnowAugustine on September 20, 2018, 07:28:31 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?

It is probably better for you to stop thinking about this, because there is nothing we can do to make the price stable, bitcoin is based on free markets, so we must let the people decide how much money are they willing to pay for each bitcoin, I know this means that the volatility is not going to go away, so you have no other choice but to accept that bitcoin is going to behave this way for a long time or to try to benefit out of the volatility.

Pab

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Legalize crypto in some way and implemented trading regulations
punish all that illegal on fiat money market trading
Imagine daily flash crash on fiat market
Now together with all that fake future it is most profitable way of making money on bitcoin

lamadu3

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Quote from: iwah on October 01, 2018, 08:32:54 AM

I think bitcoin will be more stable when people have confidence on the coin, currently many people still thinks that bitcoin is a bubble that will burst one day, so the market is unstable because of the lack of confidence, and i think for the space to be stable, then it needs government intervention and support so that people will have confidence and leave their asset for a long term hold.

As for me, it is pretty stable for a long time. I do not see the greatest falls, and it is also not rising high. probably, it is called the stability. However, I wish, Bitcoin could cost much more, at least 20 thousand.

Linhkej

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Quote from: SnowAugustine on September 20, 2018, 07:28:31 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?

Need a guarantee that Bitcoin can achieve stability. Clearly an acceptance for it represents a certain value. Consider it as a formal trading medium. Rather than struggling up and down between price movements. It's really better than people think.

magnat7691

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Probably, it is necessary to take some measures of regulation, but so as not to scare away large investors, but on the contrary to attract them.

amphibian

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There should be a meeting among the highest personnel in crypto on setting a fix price for bitcoin. Anybody who sell below or above the price should be kicked out of the system. This regulation should be made mandatory on all exchanges. If any exchange platform breeches the rule, it should never be allowed to operate. By so doing, bitcoin will remain stable.

cryptoalfs76

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Quote from: SnowAugustine on September 20, 2018, 07:28:31 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?

Will there so many things to make the market become stable,and one factor of this are to hodl and continue doing different trading investment by finding a most suitable and profitable coins in the future,actualy these is the simple way to help the crypto market back to its circulation stability and being patronize the digital system by continue doing a trading and the rest would the help of the big player of this community.

jonatuzc

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Quote from: yurekaa on October 01, 2018, 08:22:05 AM

In my opinion. we must be able to control between supply and demand. and we must be able to limit the maximum amount of supply of a coin in the trade market. so that the number of coins will not be added again and has a limited amount. so that the coin can have a stable and controlled price.

Stability will increase only with increase in market support and if people start learning to hold for big profit as much this focus increases as a result the stability will increase. Furthermore, volatility of market price has increased and this will decrease and possible only if the number of market participants increases. Conversely, if users sell it in form of loss or in the form of small profit then these things will totally enhance instability much more.

noictib

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Quote from: SnowAugustine on September 20, 2018, 07:28:31 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?

fluctuations in the price of bitcoin is due to many types of factors , so here we can't Stop bitcoin's market to fluctuate by work over a single one .
First factor that can give much stability is of the positivity , if no any ban likes news run in the cryptocurrency market then that will make bitcoin market more stabile Because most of the times such types of news cames and that leads into panic in the newbie's mind and that results into panic sell by them .
So first stupid fud should be first control by the people will be taken into consideration that it will be much impactful to stop volatility .
And also if fluctuations will not be higher then in that case people will have trust with bitcoin and they will put Thier profit in Thier btc wallet instead to go with the fiat currency .
And also understanding of the cryptocurrency , if people can help people to each other and don't make deal with illegal person then in that case lots of newbies will enter in this field without negative thinking ( atleast they won't have negative thinking about cryptocurrency at all ) .

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