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Topic: What must happen so that cryptocurrencies are less volatile? - page 4. (Read 2679 times)

sr. member
Activity: 1526
Merit: 255
I think it depends on coins, waves and ethereum is very crowded in trading, in bittrex can even reach thousands of btc. A major factor because too many altcoins might confuse users.
hero member
Activity: 1302
Merit: 532
Bitcoin votality can not be controlled, down or rising bitcoin votalities depending on market demand. If there is much market demand. Then bitcoin votality rises. And it makes bitcoin expensive. I think the number of bitcoin users and the growing popularity of bitcoin make this coin rise. Rival other coins. Bitcoin communities often increase, then bitcoin prices rise. If market demand falls then bitcoin prices will also fall. This only happens for a while.
There is volatility in bitcoin because the number of users are limited and that is the reason we need scaling so that more people can use bitcoin and with increased number of users in bitcoin,you could really control the level of volatility,with time and the amount of new users coming into bitcoin we will see the level decreasing.
hero member
Activity: 980
Merit: 507
What would it take?

Does the volatility settle if certain amount of merchants accept payments in crypto? Or should there be more people that would get paid in crypto? OR should there be a cryptoeconomy where people and businesses get income in crypto and spent the crypto?

Furthermore, could the volatility be even solved? I mean of more and more people are getting into Bitcoin, when would such demand cycle cool down?

I would like to know the economics behind it.
People logic just keeps on getting amazing and gets more  involved in fantasies . They want to get rich but at the same time they dont want the factor that makes them rich so that very factor won't cause them a loss. Its human nature but still you should know that there cannot be only good always ,so good things always are in the way of the evil.  What i am trying to say is Volatility of crypto especially bitcoin is one of the key feature for why bitcoin ,you,me and everyone else who uses bitcoin is here. So controlling volatility cannot be a question to be asked because the answer is no and if its yes then everyone is in trouble.



legendary
Activity: 1386
Merit: 1027
Dump it!!!
As far as i Know the main cause of volatility is luck of confidence in a cryptocurrency, if investors or a community dont have it that translates into volatility and the only way to have a stable crypto market is if a project has investors with strong hands and and community isnt receiving fud to make it panic
hero member
Activity: 1330
Merit: 569
Bitcoin volatility to me will reduce but cannot be absent if the number if users are very much massive and the adoption is now much more on the high level say 70% of the population are now active users then it means no amount of people coming at once can shake the industry also another reason is if bitcoin change status from evolving to evolved coin by not having to sort several issues that could shake the fabrics that holds the coin together like the August 1 event that puts everything that concerns bitcoin on hold.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
What would it take?

Does the volatility settle if certain amount of merchants accept payments in crypto? Or should there be more people that would get paid in crypto? OR should there be a cryptoeconomy where people and businesses get income in crypto and spent the crypto?

Furthermore, could the volatility be even solved? I mean of more and more people are getting into Bitcoin, when would such demand cycle cool down?

I would like to know the economics behind it.

I think bitcoin's volatility can't be removed unless all the bitcoin was mined. Even if many merchants and stores are accepting bitcoin the volatility will still be there as I've said unless the bitcoin is not all mined we still don't need to problem the volatility. Why just don't we use this volatility into our advantage.
Yeah we could really use the volatility of bitcoin some of us really do take advantage of it,
They are the ones whoa re investing while the price is dropping down and selling them when it goes up again,
So I really think the volatility of the price isn't really a bad thing.
If you are good at that then bitcoin is the perfect market for you, I know very well that I suck at trading that is why I prefer to stay out of it and I’m just a holder of bitcoin, but if I had the skills I will join all the people that are making fortunes by trading in bitcoin.
Every user cannot be successful in trading. This too is similar to gambling where lucky plays role often with the people who are researching the coin market for a longer time. If volatility is not found then virtual currency won't be popular anymore.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
What would it take?

Does the volatility settle if certain amount of merchants accept payments in crypto? Or should there be more people that would get paid in crypto? OR should there be a cryptoeconomy where people and businesses get income in crypto and spent the crypto?

Furthermore, could the volatility be even solved? I mean of more and more people are getting into Bitcoin, when would such demand cycle cool down?

I would like to know the economics behind it.

I think bitcoin's volatility can't be removed unless all the bitcoin was mined. Even if many merchants and stores are accepting bitcoin the volatility will still be there as I've said unless the bitcoin is not all mined we still don't need to problem the volatility. Why just don't we use this volatility into our advantage.
Yeah we could really use the volatility of bitcoin some of us really do take advantage of it,
They are the ones whoa re investing while the price is dropping down and selling them when it goes up again,
So I really think the volatility of the price isn't really a bad thing.
If you are good at that then bitcoin is the perfect market for you, I know very well that I suck at trading that is why I prefer to stay out of it and I’m just a holder of bitcoin, but if I had the skills I will join all the people that are making fortunes by trading in bitcoin.
hero member
Activity: 686
Merit: 500
The demand cycle would never cool down since bitcoin supply is only limited to 21 million coins whereas,world population is very high.Crypto currencies are volatile in nature since their prices increases or decreases with variation in demand for them.There is no central authority to control its price.So,there is no chance of their volatility getting reduced.
hero member
Activity: 644
Merit: 500
Any of the currency which marketcap will increase all over the world then its price will be more stabilized. Suppose if the supply and demand of a currency will come to a constant regulation then at that time we will see that the price of that coin came to a stable value and will not fluctuate much.
sr. member
Activity: 532
Merit: 250
Presale is live!
The answer to this is quite simple. The larger a market is, the less volatile.

Why? Because there is more money invested overall, which reduces the ability of any one individual from affecting it a lot.

For example, even a multimillionaire can have zero effect on the NASDAQ or other stock markets, but a multimillionaire can have a HUGE effect on crypto markets - especially altcoins.
full member
Activity: 126
Merit: 100
Bitcoin votality can not be controlled, down or rising bitcoin votalities depending on market demand. If there is much market demand. Then bitcoin votality rises. And it makes bitcoin expensive. I think the number of bitcoin users and the growing popularity of bitcoin make this coin rise. Rival other coins. Bitcoin communities often increase, then bitcoin prices rise. If market demand falls then bitcoin prices will also fall. This only happens for a while.
hero member
Activity: 504
Merit: 500
Yeah we could really use the volatility of bitcoin some of us really do take advantage of it,
They are the ones whoa re investing while the price is dropping down and selling them when it goes up again,
So I really think the volatility of the price isn't really a bad thing.

And why would we need stable cryptocurrencies? Cryptocurrencies aren't our national currency. We don't support our needs and family via them then why we need to have conservative behavior towards their volatility. For example - if stock market remains stable, would anyone invest in it. Will Apple, Google be billion dollars baby anymore?
I think there's nothing wrong in speculating cryptocurrencies and make profit over time.
to if we want to use bitcoin as currency in our local area and for buying selling everything then its need that bitcoin have a stable price. and i think that bitcoin price can only become stable when majority of the people of the world start using bitcoin and bitcoin become as normal currency and we start it as normal currncy for everyting we want to buy online as well as in local shops.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
What would it take?

Does the volatility settle if certain amount of merchants accept payments in crypto? Or should there be more people that would get paid in crypto? OR should there be a cryptoeconomy where people and businesses get income in crypto and spent the crypto?

Furthermore, could the volatility be even solved? I mean of more and more people are getting into Bitcoin, when would such demand cycle cool down?

I would like to know the economics behind it.
Crypto will become more stable the moment there is more money in it, the market cap reached up to 115 billions at some point but I think crypto will not become stable until we reach a few trillions of dollars on market cap, that way any money that comes into crypto is not going to destabilizes the price.

Stabilization in Bitcoin price may occur when the mindset of the users will be stable and patient. And also acceptance and legalization through out the major parts of the world might really help in achieving stable price. But currently the volatility is only the factor which is holding so many users as they see it as investment, rather fast profit investment.
I do not know about that a great deal of those that have bitcoin are bitcoin holders, so I do not think this has to do with how people are using bitcoin but with how much money is in bitcoin, a year ago the cap was 10 Billion and now is above 40 Billion so it s normal that theres instability when 4 times more money enter the market.
sr. member
Activity: 392
Merit: 250
Yeah we could really use the volatility of bitcoin some of us really do take advantage of it,
They are the ones whoa re investing while the price is dropping down and selling them when it goes up again,
So I really think the volatility of the price isn't really a bad thing.

And why would we need stable cryptocurrencies? Cryptocurrencies aren't our national currency. We don't support our needs and family via them then why we need to have conservative behavior towards their volatility. For example - if stock market remains stable, would anyone invest in it. Will Apple, Google be billion dollars baby anymore?
I think there's nothing wrong in speculating cryptocurrencies and make profit over time.
sr. member
Activity: 854
Merit: 251
★777Coin.com★ Fun BTC Casino!
What would it take?

Does the volatility settle if certain amount of merchants accept payments in crypto? Or should there be more people that would get paid in crypto? OR should there be a cryptoeconomy where people and businesses get income in crypto and spent the crypto?

Furthermore, could the volatility be even solved? I mean of more and more people are getting into Bitcoin, when would such demand cycle cool down?

I would like to know the economics behind it.

I think bitcoin's volatility can't be removed unless all the bitcoin was mined. Even if many merchants and stores are accepting bitcoin the volatility will still be there as I've said unless the bitcoin is not all mined we still don't need to problem the volatility. Why just don't we use this volatility into our advantage.
Yeah we could really use the volatility of bitcoin some of us really do take advantage of it,
They are the ones whoa re investing while the price is dropping down and selling them when it goes up again,
So I really think the volatility of the price isn't really a bad thing.
full member
Activity: 497
Merit: 110
arcs-chain.com
What would it take?

Does the volatility settle if certain amount of merchants accept payments in crypto? Or should there be more people that would get paid in crypto? OR should there be a cryptoeconomy where people and businesses get income in crypto and spent the crypto?

Furthermore, could the volatility be even solved? I mean of more and more people are getting into Bitcoin, when would such demand cycle cool down?

I would like to know the economics behind it.
In my own opinion volatility cant be solved .You said more and more people getting into bitcoin will add only more big fluctuations in the price . We can only some stable price after a ong wait until there's new news about bitcoin or any launches about bitcoins  credibility.
member
Activity: 100
Merit: 100
We need to be stabilize by having a lot of investors who can get the supplies well distributed because the only thing that makes the cryptocurrencies volatile is the supply which is more on the exchanges and not on the investor, if the supply will become less in the exchanges and if the majority will be on the investors then it will become easy for the cryptocurrencies to make it less volatile.

The fact is that the investor will actually be more and more, because today the crypto currency allows many very rich people to avoid paying taxes. Therefore, there are a lot of people who want to invest in the crypto currency.
hero member
Activity: 2520
Merit: 783
We need to be stabilize by having a lot of investors who can get the supplies well distributed because the only thing that makes the cryptocurrencies volatile is the supply which is more on the exchanges and not on the investor, if the supply will become less in the exchanges and if the majority will be on the investors then it will become easy for the cryptocurrencies to make it less volatile.
sr. member
Activity: 868
Merit: 259
Be careful with what you arr asking for. If cryptocurrencies have very low volatility then trading them would be very boring and you will also therefore have very low profit margins. But as a general user its almost entirely good for buying and selling using BTC and other cryptocurrencies.
Not everything is about profits you know. Some of us want to make this world a better place where you have a choice to use something else that centralized banks and payment processors.
Cryptocurrency is designed to be an alternative economic system, the money making possibility was never its first objective.
I would rather have low profits and stability in the long run with great merchant adoption that crazy volatility.

But without traders speculating in these markets there will be no liquidity and volume in the conversion of these cryptocurrencies. I also dont buy the "lets make the world a better place" line anymore because we have seen that 99% of us is here to gain profits from investments. Unless you are a coder who is directly involved in BTC's development or a project that is not an ICO then sorry but I dont believe you.
hero member
Activity: 798
Merit: 503
What would it take?

Does the volatility settle if certain amount of merchants accept payments in crypto? Or should there be more people that would get paid in crypto? OR should there be a cryptoeconomy where people and businesses get income in crypto and spent the crypto?

Furthermore, could the volatility be even solved? I mean of more and more people are getting into Bitcoin, when would such demand cycle cool down?

I would like to know the economics behind it.

Volatility can never stop because issues after issues will continue to happen to make sure price swings even fiats with all the support and back ups is still volatile which is why Forex is still booming till tomorrow. However, it could be minimized and in the case of bitcoin, the penetration needs to get to a point where large percentage of the population are already involved couple with high market capitalization on a country basis that will make it difficult for an individual or couple of individuals to swing prices in their favor as the only thing that would cause sharp increase or decrease would be major events alone.
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