What can be done to make bitcoin stable? - page 8.

Bagaji

sr. member

Activity: 1330

Merit: 291

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?

The purpose of investment in Bitcoin and crypto currency in general is for the purpose of making profit from one investment. But if you are talking of how Bitcoin should be made stable you should take into consideration the mass adoption of the currency because that is one of the major factor that will bring about stability in the value of Bitcoin.
Take for example, currency of that is not worldly accepted is more volatile as compared to currency like US Dollars and GBP.

devinks

sr. member

Activity: 756

Merit: 250

if in my opinion that can make bitcoin rise again with the help of big investors or a lot of money. the problem is if more and more people are adopting massive bitcoin, surely Bitcoin will be quick to soar like last 2017

erikoy

full member

Activity: 686

Merit: 125

Quote from: Jocuserious on February 23, 2019, 09:00:07 AM

Bitcoin price is constantly changing and it was not stable coin.Bitcoin price was in 2016,then the last year of 2017 bitcoin price was a double fare.in fact it good create about price depends buyer/seller everyone.so take is easy to caption Bitcoin price is unstable.

Yes if you consider the time.you had specified bitcoin market price has huge difference but if you will consider this year 2019 the market price for bitcoin has definitely stabilize in the range of 3k.USD. Anyway, what matter is that investors should not get fear out of the current market conditions as what others had done.

G2z_Riya

member

Activity: 217

Merit: 14

What's the need for bitcoin to be stable. Whatever might be the technology, there will be few people around to point out reasons to stay away from the bitcoin. Most of the people indicate that they feel to have a stable value for bitcoin and fear the volatility. I love volatility, and in this way it'll never be stable.

Jocuserious

sr. member

Activity: 1936

Merit: 290

Bitcoin price is constantly changing and it was not stable coin.Bitcoin price was in 2016,then the last year of 2017 bitcoin price was a double fare.in fact it good create about price depends buyer/seller everyone.so take is easy to caption Bitcoin price is unstable.

shoreno

full member

Activity: 1750

Merit: 118

Quote from: befriendmywater on February 22, 2019, 09:26:46 AM

Do you need stable Bitcoin? Why do you need stable Bitcoin when it doesn't bring you monthly interest? When Bitcoin is really stable, you will see a lot of investors leaving the crypto market.
96.69% of investors in crypto market always want the market to fluctuate so that they can surf and earn a lot of money.
so no one expects bitcoin to be stable.

not all want bitcoin to be volatile . for me i prefer bitcoin to be stable but as long as the base value is around 5k to 6k much better if higher . that can already give me sufficient income without worrying too much about the price reduction cause by fluctuations . though some prefer bitcoin to be volatile so that they can buy in a low price and then they can earn unlimited income .

Quote from: yusupjatigumilar on February 23, 2019, 06:52:10 AM

I think the price of bitcoin will not be stable because in the bitcoin market activity is not fully influenced by buying and selling activities

bitcoin market is already idemand but the price is not stable , how much more if there will be more buyers and sellers that will enter on it ? the price of bitcoin cant hardl become stable anymore .

yusupjatigumilar

full member

Activity: 644

Merit: 100

I think the price of bitcoin will not be stable because in the bitcoin market activity is not fully influenced by buying and selling activities but there are several other factors that make the price of bitcoin unstable including the limited number of bitcoins when supply of bitcoin is limited but demand continues to increase the price will automatically jump, besides that there is a halving day which will also make the price of bitcoin unstable.

befriendmywater

member

Activity: 658

Merit: 10

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?

Do you need stable Bitcoin? Why do you need stable Bitcoin when it doesn't bring you monthly interest? When Bitcoin is really stable, you will see a lot of investors leaving the crypto market.
96.69% of investors in crypto market always want the market to fluctuate so that they can surf and earn a lot of money.
so no one expects bitcoin to be stable.

arifteguhr

sr. member

Activity: 1246

Merit: 252

Quote from: pemantaubtt on February 22, 2019, 08:24:56 AM

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?

making bitcoin stable is impossible, most bitcoin is controlled by whales and whales always make moves that are hard to guess and make bitcoin always go up and down like they want.

it's true because bitcoin will never be stable because from the past until now the price of bitcoin has changed frequently every day. but to make the price increase in bitcoin can be done by means of investor assistance

pemantaubtt

copper member

Activity: 316

Merit: 0

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?

making bitcoin stable is impossible, most bitcoin is controlled by whales and whales always make moves that are hard to guess and make bitcoin always go up and down like they want.

poldanmig

sr. member

Activity: 1372

Merit: 275

Quote from: Irviyandi on September 20, 2018, 02:30:36 PM

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

stable crypto currency I think that's a difficult thing to happen because trade always happens selling and buying is always happening and in my opinion the development of the crypto currency depends on the investor itself

kattokassinen

full member

Activity: 169

Merit: 100

It is entirely productive for dealers when bitcoin has a high instability so they win cash. The soundness of bitcoin is very of little enthusiasm to anybody.

cambda

hero member

Activity: 759

Merit: 502

Truly, bitcoin costs are continually changing so on the off chance that you need to contribute on it you should be persistent. As of now Bitcoin is the most prevalent computerized cash and it is normal that the interest will increment further and the interest will increment as the cost increments. Along these lines on the off chance that you need to put resources into Cryptocurrencies you should pause and be persistent.

Ozero

full member

Activity: 2142

Merit: 183

Quote from: ecnalubma on February 19, 2019, 11:18:25 AM

I believe the only way to make bitcoin stable is through mass adoption. Once billions of people are involved in using Bitcoins then definitely no matter how the few try to manipulate the effect could be very less volatile. Also if regulations against price manipulation will be implemented then we can have a healthy market.

Even if everyone uses Bitcoin, it will not become more stable in price. Bitcoin, if it remains decentralized, will always have high price volatility. As long as its price will directly depend on the ratio of supply and demand in the market, it will be variable in price. Moreover, the higher the price of bitcoin will rise, the higher the price amplitude of volatility will be.

Wellyan

sr. member

Activity: 616

Merit: 250

Quote from: sino22 on September 20, 2018, 07:46:02 AM

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

the crypto market and crypto currency are stable, I think that's a very difficult thing to happen because the cryptocurrency trading movements we cannot predict and know to make stabilization might make investors' interest bigger and demand for crypto currencies increases maybe that

jabrix

member

Activity: 397

Merit: 10

Quote from: tinystone26 on February 08, 2019, 12:57:34 AM

Yes of course And it is really hard to make the value of Bitcoin to reach it's stable price in the market with a ordinary people. It needs more time and big investor's to make the value get stable and having some new regulations must he provided to make a better growth of it's price in the market.

Of course it can't because prices are created because of demand and supply. So economic law that will make the prices on the crypto market at all risk, can rise very high or fall very sharply.
Therefore, bitcoin is called a bubble, because in 2017 the price almost reached USD20,000, so people were worried that they would loose and fall very sharply. It's down, but now it's in the range of USD3. 660. And that means the price of bitcoin is being corrected towards a stable level. That is in my opinion.

cryptjh

full member

Activity: 532

Merit: 187

I dont really think bitcoins will be stable, its nature are to be traded against other cryptos or fiat, and that will always make the price of bitcoins unstable. Bitcoins will only be a stable coin if the main world currency, like the dollars and EURO choose to peg them self to bitcoins, to keep them stabil.

ecnalubma

sr. member

Activity: 1540

Merit: 420

www.Artemis.co

I believe the only way to make bitcoin stable is through mass adoption. Once billions of people are involved in using Bitcoins then definitely no matter how the few try to manipulate the effect could be very less volatile. Also if regulations against price manipulation will be implemented then we can have a healthy market.

Nnedaddy1

copper member

Activity: 294

Merit: 1

I agree that the high volatile nature of cryptocurrency is the major stumbling block to it's wider spread adoption in recent times.
Unfortunately, there seems to be little that can actually be done to get it on the stable side
My assumption is based on the fact that, Cryptocurrency as a decentralized virtual currency has high volatility as it's core feature.
So trying changing it would mean to change the structure to centralized which would defeat the purpose of it's creation.

strunberg

sr. member

Activity: 1344

Merit: 335

#SWGT PRE-SALE IS LIVE

Quote from: wildey on February 08, 2019, 05:10:10 AM

Quote from: tinystone26 on February 08, 2019, 12:57:34 AM

Yes of course And it is really hard to make the value of Bitcoin to reach it's stable price in the market with a ordinary people. It needs more time and big investor's to make the value get stable and having some new regulations must he provided to make a better growth of it's price in the market.

I am not so sure there is a way to keep the price of bitcoin stable. well, I think there will continue to be price movements whether it's low or high. basically bitcoin is always the best place to trade, because the price is always changing in a short time.

for current condition only news from SEC and BAKKT that could make bitcoin and cryptocurrency market recovered again.besides of these there is no significant movement on crypto price.

Topic: What can be done to make bitcoin stable? - page 8. (Read 30376 times)