What do you want to see for Bitcoin - A stable or a volatile market? - page 15.

BrewMaster

legendary

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There is trouble abrewing

Quote from: dothebeats on October 29, 2018, 05:57:07 AM

A volatile market attracts traders and speculators. A stable market attracts merchants and businesses.

that's the complicated part though. each of these two will be the cause of the other. for example more merchant and businesses adoption we have, as a result we will also have a bigger rise and a big volatility and that attracts more speculators and traders and then increase the price while most of them will also become interested in bitcoin as a currency and start spending it which makes more merchants adopt bitcoin....
that is why we are waiting for mass adoption...

mariah.sadio

full member

Activity: 573

Merit: 105

I chose volatile market for bitcoin. Why? Because if bitcoin will have a stable price then we will not have a chance to invest or buy and hodl it. We will not earn if the bitcoin's price will be stable while if it is volatile, then its value is unpredictable and it will surely become high and low everytime. From this, we will have a chance to earn from the bitcoin we buy and hold.

ND_INVEST

jr. member

Activity: 102

Merit: 3

Purchase real estate and cars at discounted prices

Wow, 50/50 results suggest that it's really not that easy to make a choice. Stability is always valued, because people's expectations are easily met this way. I do agree, however, that stability on the current price is pretty terrible. The market has to compensate people their losses and stabilize at least around previous ath. Volatility +- 10% is reasonable, allows to profit from dailty trading and something we could probably all agree on. But when the price is in constant decline and then reaches the bottom to stabilize around it - it is not a good sign. Most of people are still holders.

Indamuck

hero member

Activity: 1120

Merit: 554

Bitcoin and other cryptos will eventually become more stable. We are still really in the early adoption phase. A lot of people are scared to get paid in crypto because of the wild price swings. You could get paid one week and end up losing 20 % of what you earned. Most stores that accept crypto are converting straight to fiat money because of this.

aoihs00

sr. member

Activity: 700

Merit: 300

I want it more or less volatile market. Its been few years now since when I am hoarding bitcoin and experiencing the potential of its volatility. Now the fact is, bitcoin volatility gives this market more movement than it would have given it when it is stable one. There is no point in its stability, because it is not being used as real currency neither we see any positive response from the government. All we see is its negation from the real world. So where are its actual outcomes ? Well surely its just trading, investing and hodling of bitcoin and with the volatility it just becomes far more profitable than stable one. Thats why volatile.

djselery

legendary

Activity: 1386

Merit: 1001

The volatility is more attractive for investors and newcomers, because it is motivating people to buy, trade, hold Bitcoin with the hope that the BTC price increases highly in the future and reach the highest levels. If it has a stable price, I think more people will lose this hope, and it will affect the BTC trading volume.

charlotte04

full member

Activity: 504

Merit: 102

Quote from: avikz on October 29, 2018, 05:24:22 AM

The question is very simple as the subject line says,

Do you want to see a stable bitcoin market price or a volatile market price?

Please cast your vote and give us the reasons for your choice!

I know such kind of topic can potentially attract a large number of spam so I have kept it as self moderated! Any invalid reply will be deleted!

If Bitcoin would be stable. You can't have a good amount of trades in a short amount of time again. But in order for us to use Bitcoin as a payment method it has to be stable.

farosa

full member

Activity: 506

Merit: 101

1 & 0 😏

I'm in favor of being volatile. At the moment a stable Bitcoin won't get us anything, the fact that most investor's goal is profit. The only benefit of its being stable is for acceptance, but I don't think that the reason for not being accepted is a volatility. Even if it is already stable, now the process doesn't begin for the acceptance of cryptocurrency, the reason for not being accepted is the transparency, it is not necessary for the government, they can easily handle dirty jobs with paper money. That's why I'm in favor of being volatile, at least we can make some profit. Perhaps now the price is lower than expected, but more earnings already mean more risk.

oppasong

full member

Activity: 476

Merit: 100

I want the market to rise like the previous year so that every investor and Bitcoin user can benefit because this is the goal of someone who plunged into the crypto world.

mulukey

member

Activity: 308

Merit: 10

A stable bitcoin market makes it easy to trade items that are not exclusive to the global market. The thing to do now is let the bitcoin company help you spread more people know about bitcoin or bitcoin in the future. It is a convenient solution for bitcoin to be expanded to help the world economy grow rapidly.

aoluain

legendary

Activity: 2436

Merit: 1362

How stable is stable?
What we have at the moment is just fine IMO. I am happy with the small
fluctuations in the market which are not to dramatic so traders can make
their losses and gains and in theory for a merchant bitcoin can be a viable
oayment alternative to FIAT.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

A volatile market attracts traders and speculators. A stable market attracts merchants and businesses. Whichever fits your liking, either way the market will still grow. The question is how solid would the foundation of each option be since both markets has its strengths and weaknesses.

But since I want to have my coins be spent somewhere, I'll choose a stable market since it will attract business owners to accept bitcoin and have the economy stimulated. Growth potential is higher compared to an on-off volatile market.

Red-Apple

hero member

Activity: 1470

Merit: 655

anybody who understands why bitcoin was created would also want the price to be more stable because bitcoin was created to be a currency and to do that a price stability will be in favor of this goal while the higher volatility would make it harder.

but it is not about what we want, bitcoin is still new and in the course of its adoption the price will continue to be volatile as it shoots upwards then corrects to get ready for another shoot up.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

This isn't stability. This is a coma.

For Bitcoin to be properly useful to many it needs to be considerably larger than it is now. It's still minor in the great scheme of things. To get bigger, volatility is inevitable. Once it's grown to not too far off saturation, that's when stability becomes desirable.

avikz

legendary

Activity: 3080

Merit: 1500

The question is very simple as the subject line says,

Do you want to see a stable bitcoin market price or a volatile market price?

Please cast your vote and give us the reasons for your choice!

I know such kind of topic can potentially attract a large number of spam so I have kept it as self moderated! Any invalid reply will be deleted!

Topic: What do you want to see for Bitcoin - A stable or a volatile market? - page 15. (Read 16874 times)