Topic: What can be done to make bitcoin stable? - page 34. (Read 30354 times)
encouraging other people to use bitcoin and be consistent in using it because it opens new opportunities and has multiple benefits. Let us remember that the popularity of the bitcoin user is directly proportional to its value.
for bitcoin stable prices I don't know. but what makes the market price go up is the holders themselves because why ordinary people always panic and sell when they go down or prices go up
Bitcoin is not a controlled or centralized currency, so why on earth will any one think it will get stable? There could be some point where we could see less volatility when it comes to price movement against the USD, but that simply does not mean the volatility is still not going to be there. As long as bitcoin remains decentralized, volatility is going to be one of the characteristics whether we like it or not, and I wonder why people want bitcoin to be stable anyway because it is not like the volatility is a problem unless for those who want to see it as a problem.
Things might get balanced over time between demand and supply and with real life usage, but not like it will be totally stable, unless of course we alll just want to decide to peg 1 satoshi to 1 usd, which I do not know how that might work out even.
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?
Bitcoins will never become stable, there are a lot of people today who are selling and investing in the market, in that case the price will always change depending on the demand and supply.
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.
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.
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.
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 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?
The Bitcoin is a right place to invest on long run. But all the long term investors have plan for some time period. So you should waiting for one or two years surely it will going moon. Few investors are panic selling in Bitcoin it is not a crypto fault so we must patient for long term. The most of the crypto is decentralized platform so it will be fluctuating in all the time so don't expect a stable value. 
Bitcoin is attracting people because it is decentralized and volatile. Btc is still in the process of development and being geared at mass adoption and government regulation. So for now stability is a goal that can be achieved with so much to do. And while waiting for these we have to be patient and try to learn the market dynamics of btc that attract investors.
Maybe if I think if you want to restore or stabilize bitcoin prices you might have to buy as much bitcoin as possible and if you have bitcoin you don't release it now so that bitcoin prices stabilize
Buying more Bitcoin to stabilize the price won't be enough there are whales and holders that can easily manipulate the price, If OP plans to buy most of the circulating Bitcoins in all of the exchanges it'll cost him a lot and probably more than the current market cap because there's still ~4 million BTC left to mine. It can't be controlled, buying most of the Bitcoin we have right now then hoarding it would cause a regression to the price.
Most replies said there's nothing to be done and I kind of agree with them. It's unlikely for anyone to make the price of Bitcoin very stable because there's so many Bitcoin exchanges with sell/buy orders at different price points. For now it won't be stable the crypto market is still small compared to the others. Maybe in the future it could if Bitcoin becomes expensive and sell orders won't be cleared quickly.
That's why people keep on investing to bitcoin, because of the volatility. Bitcoin will never be stable as you think, it's advisable for you not to drop off to this market if you think that its not great in the long run.
Well, people who just comes in, invest and cash in - we don't hold their money and they can do whatever they want for it if they are only for the profit. I'm sure you also want it so don't point it out because that's what everyone does here.
Well, people who just comes in, invest and cash in - we don't hold their money and they can do whatever they want for it if they are only for the profit. I'm sure you also want it so don't point it out because that's what everyone does here.
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?
What's wrong with taking profit? You're talking about investors and traders, who should always take some profit off the table. Being overly greedy and hoarding BTC is no way to live.
You're saying volatility is bad. Why? I've been turning that price instability into trading profits for years. I like my beer cold and my bitcoins volatile. If you want stability, you can always stick to mutual funds or bonds.
The volatility of bitcoin is a devisive feature, some people dont mind it, some
are making a living from it by trading and others want a perfectly stable decentralised currency.
Because we are dealing with a decentralised entity it is going to be difficult to
control the volatility. In time as the value rises the fluctuations may become less.
are making a living from it by trading and others want a perfectly stable decentralised currency.
Because we are dealing with a decentralised entity it is going to be difficult to
control the volatility. In time as the value rises the fluctuations may become less.
There is nothing you can do about it, if you want an investment to be stable then you must put your money in the blue chip stocks or fiat currencies like USD or Yen. Bitcoin is decentralized and hoping for it to become a stable currency is next to impossible and you won't really see BTC stay in one price just like what Fiat currencies are doing. Cryptocurrencies are unlike fiat currencies as its real nature is volatility and it what's make them profitable.
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?
Short term profit seekers are mainly crypto speculators who are also an essential part of the eco system. However that is indeed not going to help in long term. There are two major things that can help,
1. Legal framework: A clearer legal framework is what sets the way forward. If a country has a clear terms related to crypto, it gives confidence to their citizens to use crypto the way it should be used.
2. Merchant adoption:
This is the second most important thing that can really decide the fate of crypto in longer term. Cryptos are not investment and it ahould be used the way a currency system should be used. But the merchant adoption can only come with clear legal terms.
These two aspects can really help the entire ecosystem to survive and thrive for long term. Speculators and investors are just two small factors that keeps the ecosystem going!
Yes, you probably do not need to do anything, just wait and wait for it to stabilize. It is nomral that he rises and falls
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?
Since you are relatively new, then you need to take your time to understand the dynamics of the market that what makes its attractive to most people is because of that volatility you are looking at stopping. People come with various intentions and stopping that would be violating the principle of the blockchain itself which is decentralisation and the market is huge enough to accommodate everyone to pursue their individual interest.
On what can be done, its pains me to say Nothing because if you want to decide that you want to hold, it won't when have any effect which amounts to doing nothing. The time now is growth and penetration. The time at which that is being achieved and the next focus would be stability.
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?
There is nothing that can be done, really.
Firstly, why would you want a perfectly stable bitcoin? If you want something like that, wouldn't you just literally hold fiat instead? If bitcoin was stable, it would essentially lose all of its benefits as a store of value, as fiat is constantly depreciating.
In the long run, bitcoin prices are actually constantly going upwards. If you ignore the short term peaks and troughs, the long term prices measured against inflation adjusted dollars are actually pretty consistent.
Obviously we will see short term periods of volatility with bitcoin, but since BTC is decentralised, central banks can't just manipulate the supply or demand for the coin in order to achieve stability. I think in the long run, as more practical use of bitcoin outweigh the speculative components, prices will naturally be more stable in the short run.
Maybe if I think if you want to restore or stabilize bitcoin prices you might have to buy as much bitcoin as possible and if you have bitcoin you don't release it now so that bitcoin prices stabilize
when the sales and purchase volumes are relatively balanced maybe that is what is intended to be stable
and that is impossible because in every trade especially bitcoin will always experience changes in every second, minute and hour
and we can only follow market prices
and that is impossible because in every trade especially bitcoin will always experience changes in every second, minute and hour
and we can only follow market prices
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?
Stability will not be long time in the cryptocurrency industry so you do not need to think and consider it all when anyone looking to invest or try to hodl it.
Anonymous and fluctuations is the key feature of bitcoin and altcoins. Price bump will be go further for sure on the upcoming Christmas time. Hold your coins even it is in db shit value.
In the cryptocurrency market the name of its game is volatility and unless you adapt to it then you will just lose your money and as of the moment we just have to deal with it. For making it stable the only way to do it right now is for it to be mass adopted as it will see trading volume at a much steady rate which is a very large topic that some governments are openly discussing right now and we can just need to wait for it.
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