No, It may never ever be stable, why? due to some major factors in the market, I:e: (buyers and sellers) as the two parties hold the price growth and falls, why
1- been a decentralized cryptocurrency that is been controlled by the masses support and not a one man or central authorities, different factors affecting buyers, seller's, and the economic will automatically affect the price of bitcoin to FALL and RISE, mostly likely
*Adoption Rate- based on broadcast, News(Scare/Fear/Bad News) likewise Vise versa.
*Tax
* Government intervention.
* Miners defections or Joining in considerations of the benefit and expensive attached at there service.
* Security.
Once any of the few mentioned above occurs either positive or negative, it would reflect on human reactions and emotions toward the demands and supplies of Bitcoin, which at some time it would boom over and over then at another time it would drastically fall.
Pictured it in a pyramid,
Class 1 - Factors ( Government, Tax, Broadcasts/News, Security, Adoption E.t.c)
Class 2- Human (Traders Buyers & Sellers) Reaction and Emotions.
Class 3- Bitcoin Price Volatility.
Topic: When will be stable Bitcoin Price? - page 12. (Read 2821 times)
According to what I searched.
From Danny Bradbury
"If experts are right, one of bitcoin's prevailing characteristics could also be its biggest problem – a fixed supply that helps to send prices yo-yoing. They say that cryptocurrencies with flexible supply would help to avoid scaring everyday users away. Even in bitcoin's digital universe, the same basic economic rules apply, with price being determined by supply and demand. Bitcoin's algorithm makes the supply of bitcoins predictable, with a constant stream of bitcoins distributed via block rewards that halve at a preset rate. This leaves demand to fluctuate."
From Danny Bradbury
"If experts are right, one of bitcoin's prevailing characteristics could also be its biggest problem – a fixed supply that helps to send prices yo-yoing. They say that cryptocurrencies with flexible supply would help to avoid scaring everyday users away. Even in bitcoin's digital universe, the same basic economic rules apply, with price being determined by supply and demand. Bitcoin's algorithm makes the supply of bitcoins predictable, with a constant stream of bitcoins distributed via block rewards that halve at a preset rate. This leaves demand to fluctuate."
Bitcoin prise is increasing incredibly and sometime it's dumping also. But I don't know why , I don't feel good. When wil be bitcoin price stable? Any idea guys?
Sorry for my poor english, I am trying to improve it
Thank You.
You don't know how the price of bitcoin will be stable there are many waste that bitcoin is dump or pump. for me the price is very confusing to me because of the rapidly increase of bitcoin and the correction of price so the price is decreasing. Sorry for my poor english, I am trying to improve it
Thank You.
Prices of crypto currency is unstable and it will never be stable for a long term it can immediately rise so high and all in a sudden it can drop off a cliff. Market and demand determines the price of bitcoin and other crypto's and price can change anytime.
I think we can just speculate right now as it is very difficult to say when will bitcoin stabilize, one thing is sure, it will continue growing and gaining value by the minute. I believe that the price of bitcoin is still low compared to its real value whch I believe is about $1M, this is considering the fixed amount of bitcoin of just over 21M and factoring its potential users of at least 50M. When will bitcoin achieve that number, I think in 5 to 10 years time.
Bitcoin prise is increasing incredibly and sometime it's dumping also. But I don't know why , I don't feel good. When wil be bitcoin price stable? Any idea guys?
Sorry for my poor english, I am trying to improve it
Thank You.
Sorry for my poor english, I am trying to improve it
Thank You.
One of the factors that make bitcoin unstable is its volatility. It's the reason for some people's profits and others loss.
Another factor that makes bitcoin unstable it's the fact that bitcoin is not under any government and so cannot be regularised to have particular price in the market. If bitcoin were to be a nation's currency, it would have been regularised to have a certain pruce with little or no fluctuations.
Bitcoin prise is increasing incredibly and sometime it's dumping also. But I don't know why , I don't feel good. When wil be bitcoin price stable? Any idea guys?
Sorry for my poor english, I am trying to improve it
Thank You.
Sorry for my poor english, I am trying to improve it
Thank You.
I think the reason why bitcoin price is not stable because it is a volatile. Many people pursue this to become a crypto currency and give it a price to become legalized in the crypto world. So that, the price of it is changable because many people using it and that is one of the reason to increase or decrease it.
I believe the only way to keep it stable would be to regulate it, what means Bitcoin wouldn't be decentralized anymore, it would become artificial like our local currencies. When something is going bad in our country and our money loses price the local banks and government intervenes to stable it, and in Crypto-Currency world it doesn't happen. So volatility is a characteristic of Bitcoin and I don't think it will change.
Bitcoin prise is increasing incredibly and sometime it's dumping also. But I don't know why , I don't feel good. When wil be bitcoin price stable? Any idea guys?
Sorry for my poor english, I am trying to improve it
Thank You.
Can't expect when exactly will happen. Bitcoin value always unstable the price often change or fluctuate. But if looking the bitcoin price right now for a while can be said stable up its good i think. Sorry for my poor english, I am trying to improve it
Thank You.
Bitcoin prise is increasing incredibly and sometime it's dumping also. But I don't know why , I don't feel good. When wil be bitcoin price stable? Any idea guys?
Sorry for my poor english, I am trying to improve it
Thank You.
Stable of bitcoin price. I think for now price of bitcoin is not still steady, because its getting low and high. I know in next year or near future the value or price of bitcoin will steady. And I hope that everyone can used it or own it. Because I know bitcoin is the way to end of suffer of this world to help others. Sorry for my poor english, I am trying to improve it
Thank You.
The value of bitcoin will never be stable since its part of the system that will fluctuate time to time. Many are trying to study on the chart of bitcoin so that when is the best time to hold or sell so that can have more profit but in the end it's unpredictable. I would say the best thing to do is to monitor all the time or even just an hour so that on that situation can help some information on what's going on to its value.
This is one of the main problems with btc right now, volatility, I’m afraid because of this mainstream adoption is going to take longer, untill we sort this problem out, we need to make it work like the fiat currencies.
This is not the only problem with it, there are 4 in total which has to be sorted out, before mainstream adoptian goes off the scale
This is not the only problem with it, there are 4 in total which has to be sorted out, before mainstream adoptian goes off the scale
Volatility actually the main characteristic of bitcoin or cryptocurrency. That is the advantage of bitcoin especially for trader to take profit.
But recently, the volatility is very high, it make many people a bit worry include me. About when it will be stable, nobody know for sure.
Bitcoin will never be stable it will always go up and Down that's why it's a risky investment
Bitcoin prise is increasing incredibly and sometime it's dumping also. But I don't know why , I don't feel good. When wil be bitcoin price stable? Any idea guys?
Sorry for my poor english, I am trying to improve it
Thank You.
No one knows and no one can predict bitcoin prices. If you want price stability may be the choice when the government has made a regulation about bitcoin. Due to the regulation that regulates the use of bitcoin I am sure the bitcoin price can be much more stable and well controlled. Sorry for my poor english, I am trying to improve it
Thank You.
Bitcoin prise is increasing incredibly and sometime it's dumping also. But I don't know why , I don't feel good. When wil be bitcoin price stable? Any idea guys?
Sorry for my poor english, I am trying to improve it
Thank You.
Sorry for my poor english, I am trying to improve it
Thank You.
In my own opinion, Bitcoin price will stabilized before this year ends at around $13000 to $15000. There will be a price correction and I think it is already starting. It's hard to predict the price because of it's volatility. All we can do is make some assumptions. As for your english, just keep on reading and posting in this forum, it will surely help your vocabulary and grammar to become better.
Most likely when every single bitcoin has already been mined and when bitcoin is already a stable currency (with solutions to the transaction fees and times issues)
Bitcoin is extremaly volatile, so it's no surprise that a sudden injection of positive media coverage is giving it a real kick. It won't stop being prone to sudden spikes of popularity, everytime there will be demand we should expect more of this, maybe a bit less extreme, but my point still stands. Give it 2-3 years for the current spark to blow out.
I'm afraid of the fact that not only the price increases but also the volatility. The price can freely move so we cannot do anything to stabilize it unless the government will act to do so.
Even the government has nothing to do to stabilize the price of bitcoin because being volatile is one of its characteristic. The price rises more and more that other coin make it more dumps. We cannot predict when it dumps that more. Afraid of the dumps and pumps of bitcoin. It will result lose of profit if not analyse the market properly.
Stable bitcoin price will be when bitcoin replace (or take a part) old ways of storing money (like gold or bank account). I think we need ~10-15 years for it (bitcoin price will be ~1000000$)
Bitcoin prise is increasing incredibly and sometime it's dumping also. But I don't know why , I don't feel good. When wil be bitcoin price stable? Any idea guys?
Sorry for my poor english, I am trying to improve it
Thank You.
Cryotocurrencies usually fluctuates a lot and sometimes dump. The stability of the price has the least chances. I could not see Bitcoin being a price stable currency. There ain't no price stability when it comes to currency field as well cause every digits does count and it is considered as non stability.Sorry for my poor english, I am trying to improve it
Thank You.
It is very hard to predict when will bitcoin stabilize, but I’m sure that it will take a long time before that happens. We cannot really control the prices since its decentralize, price increase is fueled by a very strong demand, and with a fix amount of bitcoin in the circulation it will definitely increase.
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