What will happen If Bitcoin got stabled ? - page 2.

ethereumhunter

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Quote from: uneng on September 30, 2022, 07:37:55 PM

Maybe if that happened we would see bitcoin being more used as currency instead of solely investment and speculative asset for trading. A stable bitcoin could help adoption increasing, because people wouldn't fear it anymore like they fear today due to the volatility. On the other hand, besides the pros, there could be also cons, as bitcoin would lose its profitability potential for new investors, so people looking for profit would have to adopt altcoins instead.

Yes, it can also happen. Maybe bitcoin can be an alternative payment solution so that people don't have to exchange their money for local currency when they visit other countries because that country also accepts payments via bitcoin. There are many possibilities when bitcoin stabilizes and the crypto market itself will become more crowded because people will try to profit from other coins.

Quote from: Pumared on September 30, 2022, 07:47:59 PM

It may be, but Bitcoin is relatively new to Gold. So he needs to prove himself a good asset over time. It can happen that gold and btc are references in relation to escaping crises. But, we need a lot of time for that.

So bitcoin can be digital gold for those of us who often use online transactions or save money so that the value does not change. Yes, it takes a lot of time to see whether bitcoin will become stable or remain volatile.

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Quote from: ethereumhunter on September 30, 2022, 05:27:37 AM

Quote from: mr_jk on September 26, 2022, 01:29:32 PM

If Bitcoin got stable there will be no huge inflection. This will stable almost all coins. And there will be no huge up and down. All the top coins will not depend on Bitcoin.
Whenever Bitcoin got stabled, All the market will be stable in a result of that.
Question is that how Bitcoin can be stable? If it got stabled what will happen?

(...)

Maybe bitcoin will become like gold, where with a stable price, people will try to get more bitcoins from trading altcoins with fiat or with others. What is clear is that bitcoin is not yet at that stage and will continue to move as it is today for several years. But I don't know. Maybe I'm giving the wrong example because we've never experienced it and can only guess.

It may be, but Bitcoin is relatively new to Gold. So he needs to prove himself a good asset over time. It can happen that gold and btc are references in relation to escaping crises. But, we need a lot of time for that.

uneng

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Quote from: ethereumhunter on September 30, 2022, 05:27:37 AM

Quote from: mr_jk on September 26, 2022, 01:29:32 PM

If Bitcoin got stable there will be no huge inflection. This will stable almost all coins. And there will be no huge up and down. All the top coins will not depend on Bitcoin.
Whenever Bitcoin got stabled, All the market will be stable in a result of that.
Question is that how Bitcoin can be stable? If it got stabled what will happen?

Until now, bitcoin has not been stable and I can't imagine what it would be like if the price of bitcoin were stable. But there is a possibility that the altcoins will move their respective ways and it might look like the stock market or something and bitcoin will still be the leader in crypto.

Maybe bitcoin will become like gold, where with a stable price, people will try to get more bitcoins from trading altcoins with fiat or with others. What is clear is that bitcoin is not yet at that stage and will continue to move as it is today for several years. But I don't know. Maybe I'm giving the wrong example because we've never experienced it and can only guess.

Maybe if that happened we would see bitcoin being more used as currency instead of solely investment and speculative asset for trading. A stable bitcoin could help adoption increasing, because people wouldn't fear it anymore like they fear today due to the volatility. On the other hand, besides the pros, there could be also cons, as bitcoin would lose its profitability potential for new investors, so people looking for profit would have to adopt altcoins instead.

Gallar

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stable bitcoins?

I think your response about stable bitcoin is not quite right,

because you said if bitcoin is stable then other crypto will also be stable,

it's not quite right in my opinion because if bitcoin is stable, there are still many other cryptos whose prices even go down,

why?
because bitcoin with other crypto, it's very different,

where does it differ from?
- different supply and demand
- different quantity
- news can affect different cryptos
- quality

I think because of that factor all crypto is different.

rendravolt

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If you want to trade with a stable market condition like this, it's better not to do it. Take care of your money otherwise your money will be lost in eating by the volatility of the bitcoin price. It's better for your money to be made into fiat usdt then stake in the exchange and the results are pretty good than having to lose everything.

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Quote from: Getmon on September 30, 2022, 04:57:01 AM

If Bitcoin price becomes stable it doesn't mean that all the remaining altcoins will become stable with their prices too. 99% of the altcoins will continue with their volatile market. Only the few top coins will follow the stable price of Bitcoin. It could be Ethereum, Binance Coin and the other remaining top five or top 10.

Think about our fiat money we are using in many years already. But we can also see some of them are very volatile against the US dollar. Bitcoin is only a little over a decade year old currency. If most people around the world, companies and governments will accept bitcoin as a currency, its price will stabilize.

If bitcoin becomes stable, I think altcoins will also become stable. Bitcoin is a decentralized currency and the movement of the entire market depends on bitcoin. If it is stable that means it is regulated by the government and then the whole market will be under the control of the government and it will become a stable market.

I don't expect it to become stable, we invest in bitcoin for its profit and for its volatility. So it's not in our favor for bitcoin to become stable so don't expect it to become stable.

ethereumhunter

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Quote from: mr_jk on September 26, 2022, 01:29:32 PM

If Bitcoin got stable there will be no huge inflection. This will stable almost all coins. And there will be no huge up and down. All the top coins will not depend on Bitcoin.
Whenever Bitcoin got stabled, All the market will be stable in a result of that.
Question is that how Bitcoin can be stable? If it got stabled what will happen?

Until now, bitcoin has not been stable and I can't imagine what it would be like if the price of bitcoin were stable. But there is a possibility that the altcoins will move their respective ways and it might look like the stock market or something and bitcoin will still be the leader in crypto.

Maybe bitcoin will become like gold, where with a stable price, people will try to get more bitcoins from trading altcoins with fiat or with others. What is clear is that bitcoin is not yet at that stage and will continue to move as it is today for several years. But I don't know. Maybe I'm giving the wrong example because we've never experienced it and can only guess.

Getmon

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If Bitcoin price becomes stable it doesn't mean that all the remaining altcoins will become stable with their prices too. 99% of the altcoins will continue with their volatile market. Only the few top coins will follow the stable price of Bitcoin. It could be Ethereum, Binance Coin and the other remaining top five or top 10.

Think about our fiat money we are using in many years already. But we can also see some of them are very volatile against the US dollar. Bitcoin is only a little over a decade year old currency. If most people around the world, companies and governments will accept bitcoin as a currency, its price will stabilize.

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Quote from: mr_jk on September 26, 2022, 01:29:32 PM

If Bitcoin got stable there will be no huge inflection. This will stable almost all coins. And there will be no huge up and down. All the top coins will not depend on Bitcoin.
Whenever Bitcoin got stabled, All the market will be stable in a result of that.
Question is that how Bitcoin can be stable? If it got stabled what will happen?

What do you mean by stable, do you mean stabilized in volatility?
Fun fact that is a pain in the ass: Volatility plays a good role in bitcoin, you simply buy at a low price and after some years get in X return, it could be 3x, 4x or even more depending on the impact of the bull run market, like the last bull run we had, if you have bought bitcoin at $10k and was able to sell at when the price shoot to $60k, you should be in 6x profit but the downside of it is the opposite of what I just explained.
Bitcoin cannot be stable but we can have low volatility and this is the period you see the whole market becomes stagnant with little or no significant movements, traders don't usually make anything during this period as we are experiencing right now.

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Quote from: KingsDen on September 29, 2022, 02:56:51 PM

That is the fact, as long there is demand for btc and other people are ready to supply. I mean people are ready to sell and others are ready to buy, bitcoin will remain volitile according ot its design. I don't have a problem with that, because if bitcoin becomes stable, many people will exit from it. The volatility of bitcoin has put food on the table of many(the traders). It is an advantage and also a disadvantage.

Supply and demand make some excitement for investing in bitcoin because profit return, but if try to be stable not see have chance for volatility of bitcoin keep the same in this time situation. What have designed from Bitcoin looks excited and not hope later bitcoin got stable because we don't have chance to earn profit when investing on some stable coins.

Quote from: BALIK on September 30, 2022, 12:57:18 AM

Bitcoin is considered a good return investment if it really becomes stable due to regulations then I will definitely leave it and find another investment channel, I think not only me but most people will do the same as me. We survive with bitcoin so far because its volatility can be very profitable for us, once it no longer fulfills that need there is no reason for people to stay market.

Bitcoin promises pretty good profit earn and if it is adopted as a stable coin it seems that the interest from investors will decrease, seems with bitcoin without any community controlling impossible to see bitcoin got stabled because demand and supply make bitcoin price changed day by day beside with good and bad news make investor panic and have impact for bitcoin get pump or dump. Seems if bitcoin got stabled the same with USDT coins and less interested get return profit investment with stable coins.

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Quote from: Franctoshi on September 27, 2022, 10:26:56 AM

If that is possible Gold would have been stable in price by now, therefore Bitcoin was Never designed to be stable in price, hence volatility is the fun in trading Bitcoin, In a case Where Bitcoin becomes stable it would make no sense anymore trading it. However it would still be there but could be less attractive to investors and people could see it more as a store of value and nothing much would be changed.

Bitcoin is considered a good return investment if it really becomes stable due to regulations then I will definitely leave it and find another investment channel, I think not only me but most people will do the same as me. We survive with bitcoin so far because its volatility can be very profitable for us, once it no longer fulfills that need there is no reason for people to stay market.

But as people say, bitcoin is not designed to be stable so the chances of it happening are pretty low or it won't happen anytime soon. So we can rest assured and continue to enjoy the volatility of bitcoin.

Flexystar

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Other coins has got nothing to do with the bitcoin and its stability (?) which is not gonna be stable ever as mentioned in the first post. The only relationship bitcoin and other coin has is related to the pairing of the coins and measuring the value of other coins in terms of bitcoin/satoshi whichever is most feasible. We just keep trading the coins against btc and that's why their volume is always interdependent and this is also main reason as to why altcoin follow the similar trading pattern when bitcoin falls or goes up. Besides this there is no way bitcoin is going to be stable, it's a myth.

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Quote from: _BlackStar on September 28, 2022, 10:30:56 AM

I think your assumption is correct because bitcoin is traded freely without anyone's control. Supply and demand makes its price very volatile, so it's hard to expect it to be a stable asset. Personally I don't expect this stability of bitcoin to be achieved, but I would probably agree if volatility could decrease as adoption increases in different countries.

I believe the bitcoin economy is still relatively small compared to other investment assets. Of course, this can still be used by deep-pocketed manipulators to manipulate prices in the market. So I really can't imagine when bitcoin will become a stable asset if the economy doesn't grow bigger than now.

A stable Bitcoin would mean the entire world would've accepted it as legal tender. This is very unlikely to happen during our lifetimes, since Fiat is still going strong (despite fears of an economic recession). For Bitcoin to become the standard unit of account, banks need to die for good. Besides, why would you want a stable Bitcoin if we already have stablecoins and Fiat? Without price volatility, you'd be missing a chance to profit big time by "hodling" your BTC long term. It would be no different than Gold, where you have little to no chance for profit because of its relative stability.

Despite the fact that the crypto market is a lot bigger than it was before, liquidity is relatively small compared to the traditional stock market. Bitcoin and other cryptocurrencies are just starting to blossom, so I'd say we should give them more time to mature to see what happens. Just my opinion

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Quote from: cloudfir3e on September 27, 2022, 07:38:00 AM

Quote from: Buga00 on September 27, 2022, 07:24:38 AM

I think 90% of BTC adoption could make it to be stable

it may happen if the adoption of 90% Bitcoin will make the price stable, but there are many other factors that can also stabilize the price of Bitcoin.
if bitcoin is truly stable in price then the prolonged downturn in the crypto market also known as the crypto winter could end very soon.

There is no way the price of Bitcoin will become stable like the stablecoins we have in the market that do have a stagnant price that is pegged to dollar. We need to understand that Bitcoin controls the movement of the entire cryptocurrency market and anything that happens to it will affect the entire market. The reason why many altcoins projects are not have a bull movement is because of Bitcoin bear market. As the market keep falling, some investors are seeing it as an opportunity to invest more and buy more coin because as soon as the market recovers, they will start making profits because they bought at the dip.

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if bitcoin became a stablecoin no one would hold it because there would be no quick gains. Although that is impossible because bitcoin is traded and no one regulates it so the price of bitcoin fluctuates with high volatility due to high supply and demand. even today what are said to be stablecoins are not necessarily stable, even UST as a stablecoin has crashed and many have been harmed. Bitcoin is still Bitcoin and will not be a stable coin, because bitcoin is a volatile and decentralized digital asset.

That is the fact, as long there is demand for btc and other people are ready to supply. I mean people are ready to sell and others are ready to buy, bitcoin will remain volitile according ot its design. I don't have a problem with that, because if bitcoin becomes stable, many people will exit from it. The volatility of bitcoin has put food on the table of many(the traders). It is an advantage and also a disadvantage.

But if bitcoin is massively adopted, its volitile will reduce.

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Quote from: cloudfir3e on September 27, 2022, 07:38:00 AM

Quote from: Buga00 on September 27, 2022, 07:24:38 AM

I think 90% of BTC adoption could make it to be stable

it may happen if the adoption of 90% Bitcoin will make the price stable, but there are many other factors that can also stabilize the price of Bitcoin.
if bitcoin is truly stable in price then the prolonged downturn in the crypto market also known as the crypto winter could end very soon.

In order to something to be stable, we should define stability by something, no?
Current "stable" coins are pegged to USD, so they are going up and down when we compare them to other coins /FIAT and stable for USD only.
It is not about how much adoption will determine the volatility of the price. It is about which thing it will be pegged to? USD or other FIAT that could be manipulated by govs and central banks? Gold or other precious metals that tends to increase? Oil that will disappear? Bitcoin doesn't have to stay stable, it is not already intended to.

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Quote from: indah rezqi on September 27, 2022, 07:14:59 PM

The fact is bitcoin will not be stable, but I can imagine that its price volatility will be lower when global adoption is achieved. The problem is, it's hard to imagine this global adoption being achieved any time soon because governments won't legalize it for legal adoption as a means of payment even if they allow investment and trade.

I think your assumption is correct because bitcoin is traded freely without anyone's control. Supply and demand makes its price very volatile, so it's hard to expect it to be a stable asset. Personally I don't expect this stability of bitcoin to be achieved, but I would probably agree if volatility could decrease as adoption increases in different countries.

I believe the bitcoin economy is still relatively small compared to other investment assets. Of course, this can still be used by deep-pocketed manipulators to manipulate prices in the market. So I really can't imagine when bitcoin will become a stable asset if the economy doesn't grow bigger than now.

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why do you expect bitcoin to have a stable value, from the start bitcoin will not have a stable value where every minute the value can change, if bitcoin is stable it's not crypto anymore

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Inflection? I don't know what is it but maybe you mean to say fluctuation because you are talking about stability there. I don't think btc will ever be stable because this is how it makes it unique. If you want more stability then switch out on other cryptocurrencies.

We also have a stable coin which are completely stable. It might be true that all coins depend on btc but can you imagine what can happen to them if btc became stable? You will never see them pumping again. I am sure you won't like it. You can say that there will be no huge dumps that will happen from them but dumps are beneficial actually. Also they don't stay the same like that forever.

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Quote from: kryptqnick on September 27, 2022, 05:39:12 AM

Quote from: mr_jk on September 26, 2022, 01:29:32 PM

If Bitcoin got stable there will be no huge inflection. This will stable almost all coins. And there will be no huge up and down. All the top coins will not depend on Bitcoin.
Whenever Bitcoin got stabled, All the market will be stable in a result of that.
Question is that how Bitcoin can be stable? If it got stabled that will happen?

If Bitcoin somehow became a stable coin with a fixed price that stays more or less the same, I think it would lose a lot of its value and appeal. People enjoy investing in Bitcoin, and you can't really invest in a stable coin (you can, but you won't get any profit, so it's meaningless). If, however, the op is referring to something more generic, such as less volatility of Bitcoin and steady growth on a small-scale level, then it would attract people, I think, because it would become even more low-risk than it currently is to invest in Bitcoin, and it would be useful for adoption of Bitcoin as money as well.

I agree that investing into stablecoin is not really that much possible for people, it's just that you are exchanging your fiat to another type of fiat and that’s it. I agree that you could earn interest from it which is higher than what other interests are, but that doesn't change the fact that it would still be stablecoin which is fiat, so that increase is nothing compared to what crypto could do.

We see bitcoin moving as much as the interest of stablecoins daily sometimes, if you can comprehend that then you should be fine, people are not realizing the potential we have right now, we are very low, and one bull run could equal easily doubling, maybe tripling your money.

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