Topic: What can be done to make bitcoin stable? - page 5. (Read 30376 times)
It will be very difficult even though there are regulations because demand and also the supply of bitcoin itself is also limited to making basic economics where there will be an increase in the price of the product,
one way for bitcoin to have a stable value is to legalize bitcoin into a legitimate currency that can be used as a means of transaction in all countries. and crypto currencies are not used as trading tools such as stocks. so the crypto currency has a fixed value and does not depend on trade market demand.
for now, I think it's very difficult to do it. maybe a regulation will help. but, basically, bitcoin is indeed very difficult to stabilize, there is even a difference of a few dollars a day in the increase or decrease. even more so when demand is overwhelming.There is nothing we can do, prices will continue to rise and fall, can be fast and slow depending on existing conditions..
make bitcoin a term payment method, meaning that it is continuously used and focused on 1 product. then the value of bitcoin will be the same for the exchange rate of 1 product, and may be stable.
one way for bitcoin to have a stable value is to legalize bitcoin into a legitimate currency that can be used as a means of transaction in all countries. and crypto currencies are not used as trading tools such as stocks. so the crypto currency has a fixed value and does not depend on trade market demand.
for now, I think it's very difficult to do it. maybe a regulation will help. but, basically, bitcoin is indeed very difficult to stabilize, there is even a difference of a few dollars a day in the increase or decrease. even more so when demand is overwhelming.True. If left to market forces, not much can be done, especially since whales can just easily manipulate it. In theory, it should get a bit stable once completely mined out but that's several decades from now and assuming bitcoin is still alive then, demand can still affect it.
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?
is bitcoin is stable than no one can enter into the speed and make their investment plan instabilities always the plus point for cryptocurrency so the unstability will continue to make the attraction of all the peoples but it need to develop more than for then only the improvement are going high every time. 
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 it is stable in crypto currency that is very difficult because we know that trade movements continue to occur every day and we cannot know for sure I think the development of crypto currencies depends on the investors themselvesI 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 it is stable in crypto currency that is very difficult because we know that trade movements continue to occur every day and we cannot know for sure I think the development of crypto currencies depends on the investors themselves
The price of Bitcoin cannot be stabilized like the fiat because it is decentralized, thus its price on the market is determined by the traders. Since, all traders cannot have the same perception and price in mind, different traders will set different price orders on the market. This is what makes Bitcoin more profitable because it is volatile. The price can rise anytime (the reason to hold) , generating more profit for investors and traders.
one way for bitcoin to have a stable value is to legalize bitcoin into a legitimate currency that can be used as a means of transaction in all countries. and crypto currencies are not used as trading tools such as stocks. so the crypto currency has a fixed value and does not depend on trade market demand.
for now, I think it's very difficult to do it. maybe a regulation will help. but, basically, bitcoin is indeed very difficult to stabilize, there is even a difference of a few dollars a day in the increase or decrease. even more so when demand is overwhelming.If the Bitcoin is stable, the market cap of the cryptocurrency market is not improving and the market will not develop. And I think all of the investors in the market don't want the stable price because if the market stable, there is no profit.
do you mean making bitcoin "government controlled privilege all over again"?
If something becomes stable it required some kind centralized things, where people who can be ease if they know the bitcoin they buy have a backing.
but i think it will be not enough, you can see tether and price still fluctuated enough.
If something becomes stable it required some kind centralized things, where people who can be ease if they know the bitcoin they buy have a backing.
but i think it will be not enough, you can see tether and price still fluctuated enough.
This actually can't be done when it starts to form and also has become the nature of bitcoin. people have seen bitcoin as an investment that has gone up and down in price. and also the request changes
Put it into regulation and this will definitely make bitcoin stabilize by utilizing it like a centralized currency or the fiat money. The bitcoin if regulated will be having more stable value so that it could satisfy its purpose which is the P2P transaction as much as possible without having third party involve in every transaction.
one way for bitcoin to have a stable value is to legalize bitcoin into a legitimate currency that can be used as a means of transaction in all countries. and crypto currencies are not used as trading tools such as stocks. so the crypto currency has a fixed value and does not depend on trade market demand.
for now, I think it's very difficult to do it. maybe a regulation will help. but, basically, bitcoin is indeed very difficult to stabilize, there is even a difference of a few dollars a day in the increase or decrease. even more so when demand is overwhelming. 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?
You can't really do that, because the market runs on its own.well, therefore unstable prices cannot be controlled unilaterally.
one way for bitcoin to have a stable value is to legalize bitcoin into a legitimate currency that can be used as a means of transaction in all countries. and crypto currencies are not used as trading tools such as stocks. so the crypto currency has a fixed value and does not depend on trade market demand.
Bitcoin cannot be stable because basically Bitcoin has a limited supply and every request changes, making bitcoin unable to stabilize. so it's very difficult to expect this in bitcoin. because it has become a characteristic of bitcoin
Bitcoin is very difficult to stabilize because it is a large capital speculator game, where they want the price to be in accordance with their desires of going up or down to profit for them.Therefore many countries still do not allow bitcoin to be used in their country with the aim of protecting their citizens from losses due to unstable prices. The fluctuations are too fast and too large.
Bitcoin cannot be stable because it does have a limited supply and also has requests that change at any time so that bitcoin cannot be able to become a stable coin
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 only possible thing to make bitcoin stable is by making bitcoin legalize by the government as a currency. But i think it will take a long enough time before the government will start to approve that because until now there are still countries who banned bitcoin.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 only possible thing to make bitcoin stable is by making bitcoin legalize by the government as a currency. But i think it will take a long enough time before the government will start to approve that because until now there are still countries who banned bitcoin.
Buy when the price downs. when the price rises sell.. this is the most logical. Another way is to constantly increase the amount of bitcoin in your hands. Never mind what the price is... you everytime buy! and after 5 years, maybe you're millionaire?
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