What can be done to make bitcoin stable? - page 30.

fishball

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Quote from: SnowAugustine on September 20, 2018, 08:28:31 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?

Just a general idea: to make something stable, you should also be stable on supporting that thing. It can not grow as much as we want if we will lose interest on it. So we should really put effort on supporting bitcoin so it can also support us with our needs.

pragna

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Quote from: SnowAugustine on September 20, 2018, 08:28:31 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?

I think there is nothing to do like other exchange market. Actually no body can control its price that i see in my last two years experience in forum. It goes in its own way. But there may be big gamlar who invest millions dollar and they may go market up and down. Otherwise it can not control by anybody or stable anybody.

jayawchaminda

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you can see all the coin price depend on the bitcoin see the history when bitcoin price goes up to other coins price also go up when bitcoin price go down other coins price also go down. if bitcoin price stable what happened coin market.

Raven91

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Quote from: SnowAugustine on September 20, 2018, 08:28:31 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?

i think we need to balance the supply and demand of every person in bitcoin for it to become more stable. with the mixture of patience, i think it can be done.

Yamifoud

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Quote from: SnowAugustine on September 20, 2018, 08:28:31 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?

People want to stable but we never realize what could be the result of it. It is better to have huge fluctuations some have chances to earn more profit than of having a stabled price. Since our market prices still dependent on market demand and supply, definitely we can't changes that trend. Still crypto will remain unstable.

Vritesh

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Market and economy are not stable due to which bitcoin is also not stable. People are investing in bitcoin but with not that much of wisdom which is needed. One should not sell bitcoin whenever the rates are low. To stabilse bitcoin investment in right form is to be done. When price value is less then buy the bitcoins and when value is high then sell them. This strategy can help in makng bitcoin stable.

hsyncl

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Stable prices for Bitcoin are very difficult to form. Many factors need to be eliminated to stabilize the market in such a volatile manner. Especially when there are people who have a lot of btc in their hands, it is very difficult to fix them when they intervene in the market.

aoihs00

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Quote from: SnowAugustine on September 20, 2018, 08:28:31 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?

Make sense for the new one to ask this question. Well over the course of time you will definitely find that why bitcoin is not stable at all. For now let me put it in simple ways : Bitcoin can never be stable because its decentralised currency and this very nature of decentralisation produces any kind of demand and supply which market needs. For example, you may have billions in your pockets and if you some day invest that kind of money into it then it will pump the bitcoin market. But at the same time you can also take it out of bitcoin as and when you need it or want it without any restrictions of terms, conditions, limits etc and thus you can make this market dump very badly. Thats the thing mate, that what causes the volatility of the bitcoin.

cleygaux

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Quote from: SnowAugustine on September 20, 2018, 08:28:31 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?

Stable in what?Price? Actually bitcoin will never be stable as long as manipulation in this market is happening alot of bitcoin traders are making huge profit from this thats why stability cannot be achieved by now.

Tatsuyashiba

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Quote from: SnowAugustine on September 20, 2018, 08:28:31 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?

I think for now the BTC has a stable price in the range of $ 6000 which is good for those of you who are doing short-term investments or trading, because price fluctuations with charts that tend to be short are easy to read to determine where the price will move in the future in a short period of time too.

nazaididuan1

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The emergence of BTC has only been in a short period of ten years. BTC wants to stabilize the price, it takes a long time and it needs the recognition of most countries in the world!
Like gold, it has been a long time since it was recognized by the world!

MoonLouis

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To be honest, I don't know how to make bitcoin stable but I realize that bitcoin need more regulation to be accepted as a official currency

Lorna111

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Quote from: MMysterious on September 20, 2018, 08:46:45 PM

Quote from: hildacitra on September 20, 2018, 08:37:52 PM

This is as a consequence investing in Bitcoin, it was different form investing in gold, silver and other such real investment. The price of bitcoin is very fluctuative or volatile. Therefore, dealing investing in Bitcoin and other digital currencies should know and understand the fundamental of it, otherwise you will be regret later.
Lower class such bounty hunters or tokens hunters probably can not do or contribute much to make the price stable, because the price depends on the holders of Bitcoin itself. You will influence or make the price stable only when you hold it in huge number.

I think the only solution for bitcoin to be stable is for the world to accept it as a store value and as a currency. Bitcoin is volatile still maybe because its still on its early phase. So only a few of us in the world that is involved or invest in bitcoin or cryptocurrency as a whole. When all people start believing and accepting bitcoin thats the time the supply and the demand will reach its equilibrium and the volatility will subside and the price will become stable. But I dont think it will happen anytime soon maybe 5-10years from now it will happen. Crypto is in regulation phase in any part of the world right now. Worldwide adoption is on going so we just to wait for that time bitcoin become stable.

One should be reminded that Market is Volatile, it is unpredictable market movement, stability of Bitcoin on the market is dependent on the volume of investment put in by the investors during the trading, any shift of one investors from one coin to another create signals for either ups of its price value of such coin or down spike. all investors are here in Crypto Currency Market for only one reason...PROFITS or RETURN OF INVESTMENT.

Nhor1011

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Daxetoken.net

Quote from: SnowAugustine on September 20, 2018, 08:28:31 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?

Being unstable and volatile of bitcoin makes people gain more profit and bitcoib was created as volatile. So,i thinl there is no need to become stable. Also the changes of value of bitcoin is depends on the demand ans supply in ctypto market.

Betheng10

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So what can be done to make it stable?

cryptocurrencies' price stability is determined by law of supply and demand. As an individual it will be very hard to influence its price movement.

But as a start, refusal to post FUD's will be a great help.

Ziskinberg

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Quote from: Harkorede on September 29, 2018, 07:40:23 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.

Yes.And that's the biggest part of bitcoin that we are afraid to happen.Once the price becomes stable,it also means the concept of decentralization will now be lost because we are already controlled by the state or the government.So as much as we can,we should avoid centralization in the first place.

Harkorede

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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.

Kelvinid

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win lambo...

Quote from: kulitmanggis on September 29, 2018, 07:16:29 PM

I don't think that this bitcoin price will ever be stable, it is possible because clearly the price of bitcoin is moving from the demand of buyers and sellers, which is now an important role of bitcoin price movements.

I agree.The time will surely not come to make the price of bitcoin be stable because its volatility simply make us more excited especially when its price suddenly reaches a new height.Yes bitcoin price is definitely based on its supply and demand and since its not the same all the time,the price will surely varies too.

kulitmanggis

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I don't think that this bitcoin price will ever be stable, it is possible because clearly the price of bitcoin is moving from the demand of buyers and sellers, which is now an important role of bitcoin price movements.

Zooplus

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Quote from: Chrisjay29 on September 29, 2018, 05:41:57 PM

You or we cant make the bitcoin stable. Because its already unstable and thats one of the good thing about bitcoin. He can make here price from original to twice price in just 1 month. So if you are holder you will get double or more if that will happen

Yes.It does not need to be stable because having it as very volatile one is the biggest reason that thrilled us to be more surprise every price that it reached,whether high or low.It gives us more chances to be a millionaire one of these days if we only know how to be patient and how to handle the pressures in crypto investment.

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