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Topic: What keeps Bitcoin price stable? - page 5. (Read 4260 times)

full member
Activity: 126
Merit: 100
March 08, 2017, 09:41:00 PM
#24
Bitcoins are coded in such a way that ,
After a certain period of time they will stop getting generated.(I.e 2140 nearly)
This means that the available number of bitcoins are constant,
But the users are increasing with the passage of time.
This the same amount of BTC will have to be shared among more number of people.
Then obviously the cost will increase.
Also Bitcoins have gained a lot of acceptance among the people.
Thus , Bitcoins have a stable price which increases constantly by huge margin.
sr. member
Activity: 490
Merit: 251
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March 08, 2017, 09:27:13 PM
#23
Only thing that is going to be keeping the price stable is rather simple, it's simple supply and demand when you think about it. If the supply matches the demand of bitcoin wanting to be purchased at any given time or moment, then the price is going to be stable at a certain price. If anything else occurs, such as they're being more demand then supply or more supply then demand the price will have a rapid increase or fall.

Some people may say that no new news about something keeps the price stable, but I think when new news comes out it just influences the buyers and sellers on what to do with the bitcoin they own, in my opinion it's rather simple. There could be some more to it in terms of being complex, but this is just a simple overview.
hero member
Activity: 1092
Merit: 501
March 08, 2017, 08:50:50 PM
#22
Price rising =  rumours + good news
Price going down =  bad news + panic selling + whales cashing out

But what factors keep Bitcoin price stable?
The price is kept stable when the bulls and the bears have the same strength and they are both pushing with the same strength but that can easily change with bad news or good news or by hacks or new developments by the devs.
hero member
Activity: 2310
Merit: 532
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March 08, 2017, 08:38:36 PM
#21
We are still years from seeing bitcoin price getting stable. As long as it still being viewed as a volatile commodity, it will not get stable. Massive pump and dump for profit is also a factor. Just this week we've seen bitcoin price falling 100$. If this factors are removed, we may see bitcoin stabilizing.
As quoted bitcoin needs to travel long to make a bigger history. Only then it's possible for us to get a stability due to decrease in volatility which is much required for an currency to go mainstream. On the other side for nvestment increase in volatility is required to earn as a short time investment.
hero member
Activity: 3080
Merit: 603
March 08, 2017, 08:36:38 PM
#20
There are a lot of factors that are making the price of bitcoin stable. First is that many groups, whales and exchanges supporting it and they are helping bitcoin to keep on reaching a stable price. Another thing is those people that are new comers that keep on buying and adds to the contribution of bitcoins price and a lot more things.
sr. member
Activity: 504
Merit: 250
March 08, 2017, 08:31:19 PM
#19
there are so many factors to have stability in bitcoin price:
the demand and supply,
the number of people uses it,
the number of bitcoins mine,

these are just some of them. but in my opinion we are still too young to have bitcoin in a more stable price. it takes time before this happens. besides, it will be hard to have it on a stable price because no one is in control of bitcoin. meaning, there will be ups and downs to its price because holders (specially the big whales) will dump and pump it for profit purposes. moreover, i think the price will stabilize if and only if bitcoin will become more of an investment rather  than just a merely digital currency/ money.. but unfortunately, there are so many thieves and hackers which threatens the majority to hold or put a lot of their finances in bitcoin for long term purposes.  however, if bitcoin becomes more secure it will encourage and pull a lot of investors, by then bitcoin will become more more of an investment then probably the price will be more likely to become stabilize.
legendary
Activity: 1218
Merit: 1007
March 08, 2017, 07:41:08 PM
#18
Bitcoin can remain stable for a number of factors, however a lot of the stability comes from basically nothing happening and people being content to trade as usual. When literally anything happens, potentially including something like a $20 swing rapidly, that can trigger weird market moves that can compound when China wakes up. If they're awake, they might just keep it stable.
hero member
Activity: 2464
Merit: 594
March 08, 2017, 07:32:14 PM
#17
The circulation of bitcoin keep its price stable. The buy and sell, trading and etc. that affects the trend of the value. Also the change price of other currency affects the others. Investors and holders of btc has a great contribution of the price rising up. We know that btc's value is volatile and it fluctuates everytime.
hero member
Activity: 1148
Merit: 504
March 08, 2017, 07:27:46 PM
#16
We are still years from seeing bitcoin price getting stable. As long as it still being viewed as a volatile commodity, it will not get stable. Massive pump and dump for profit is also a factor. Just this week we've seen bitcoin price falling 100$. If this factors are removed, we may see bitcoin stabilizing.
sr. member
Activity: 423
Merit: 251
March 08, 2017, 07:11:43 PM
#15
Price rising =  rumours + good news
Price going down =  bad news + panic selling + whales cashing out

But what factors keep Bitcoin price stable?

stable price = selling and buying balanced

so go back to the principle of economy when demand for goods is not sufficient then rose and stock prices will remain stable
but in bitcoin during his price was always fluctuate depending on market conditions.
newbie
Activity: 37
Merit: 0
March 08, 2017, 07:04:40 PM
#14
In my opinion, bitcoin becomes more stable with more market cap. More market cap means that it's necessary more people to sell/buy to change the value of the bitcoin.
hero member
Activity: 1176
Merit: 509
March 08, 2017, 06:27:54 PM
#13
The price of bitcoin is not stable. It's market is very volatile and always fluctuating. It just happened that the market of bitcoin this year is very good that's why there was a huge increase in its value. Let just hope that the current performance in the market will continue and let's hope that it will be beneficial for everybody Smiley
legendary
Activity: 1666
Merit: 1001
March 08, 2017, 06:24:05 PM
#12
It is really hard to keep bitcoin price to stable because there is nobody controlling it, the price go up usually because the rising transaction rate and the demand of the coin and it will go down if the supply is a lot, it's mean when a lot of people sell it then the price will fall down, so bitcoin price is really depend on market, and you can't really control people to hold or to buy coin, so bitcoin can't be really stable
hero member
Activity: 798
Merit: 505
March 08, 2017, 06:06:15 PM
#11
I think it is because the stock market.Bitcoins price is based on buying and selling on each and every trading sites where bitcoins is in.Supply and demand i think?But there are still many factors that may affect its price.Like total bitcoins mined and many other factors.By this time bitcoin price is stable because one is the demand is lower than supply so each and every people can buy it
legendary
Activity: 3276
Merit: 1029
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March 08, 2017, 05:53:49 PM
#10
Price rising =  rumours + good news
Price going down =  bad news + panic selling + whales cashing out

But what factors keep Bitcoin price stable?
None, because the price of bitcoin will never become stable. For the luck whale with 7k bitcoin and dump on the market and it's obviously give a big impact for the bitcoin market obviously. There is no factor can keep the price of bitcoin become a stable. Rumour, news, panic sell, bitcoin is really sensitive with all of the aspects.
hero member
Activity: 1190
Merit: 525
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March 08, 2017, 05:46:17 PM
#9
I believe the price stays stable for some time it's because the demand and supply is proportional. The currently supply is enough for the amount of BTCs that people want to buy.

When there are more sellers than buyers the price goes down, when there are more buyers than sellers, the price goes up, and as OP said, this is influenced by the news and recent events about Bitcoin.
legendary
Activity: 3374
Merit: 3095
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March 08, 2017, 05:35:38 PM
#8
For now its difficult to know when bitcoin will be stable. since bitcoin is relaying on demand and supply there are still always fluctuate.. maybe we will experience stable bitcoin price movement in  the future if more people are using it that can increase the value but gradually the fluctuate will low until it can be stable due to many people are using bitcoin.. and even user that has holding large amount of bitcoin can manipulate bitcoin price in the future..
legendary
Activity: 1596
Merit: 1011
March 08, 2017, 05:31:30 PM
#7
very difficult to be able to make bitcoin prices to be stable. but the important thing is not influenced bitcoin any bad news.
when bitcoin get a lot of demand and the normal price of bitcoin will be very stable.
legendary
Activity: 4410
Merit: 4766
March 08, 2017, 05:24:12 PM
#6
stable price is when nothing exciting is happening and so people are not holding funds on exchanges.

remember the price is not related to the 16mill coins.
its about the amount of coins on an exchange and what people decide to do about it.

also in low energy periods if one exchange was to move 10%. it would soon be arbitraged to 0-1% again.

it takes bigger events to move the markets and keep it moved
hero member
Activity: 3024
Merit: 680
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March 08, 2017, 05:10:34 PM
#5
It's about a matter of demand and supply plus another factor those rumors, speculations by people out there that is bringing fear to the whales and newbies that holds a lot. When those people do panic selling, they are just waiting for another time to make the price stable again by simply buying again all over again.
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