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Topic: When will its price start being stabilized? - page 4. (Read 979 times)

newbie
Activity: 36
Merit: 0
September 08, 2021, 12:29:56 AM
The volatility of the market depends upon the demand and supply. Everyday someone enters or leaves the market which makes it unstabilised market space and will continue to be so
full member
Activity: 1292
Merit: 101
Vave.com
September 07, 2021, 12:07:06 PM
Now that the price of bitcoin is back at $52k, some altcoins are also some days starting to rise very high, it's his moment to sell what we have, very happy if we have an asset that is currently on the rise. I'm sure you have one.
I think you have missed out the recent red bull from btc .It has fall down to around 42k$ as i have noticed it on Binance .The spare of the most not as much even in its in one day .However the volatility is a regular behave of the market ,its not gonna stop forever .So how can we think it being stabilized .However the is not out always and the market is starting to recover .
legendary
Activity: 2156
Merit: 1018
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September 07, 2021, 10:14:59 AM
in my mind bitcoin will not have a stable value, because movement always comes every second, even if it can be stable when bitcoin there are no sellers and buyers anymore. as well as the maximum value of bitcoin itself we as users can only follow the current market flow
full member
Activity: 1358
Merit: 207
Catalog Websites
September 07, 2021, 09:52:31 AM
Bitcoin is a decentralized currency that is not control by the government. It can decide to be stable in a short period of time and also stable in a long period of time.
I guess before 2030 price of bitcoin will be stabilize,when all countries in the world will fulling accept bitcoin. Bitcoin price will fulling stabilize when the heart of other countries that banned bitcoin now convince to adopt BTC. 
sr. member
Activity: 1358
Merit: 253
September 07, 2021, 08:22:34 AM
I think it won't stabilize, but the movement of price will slowly move from some timeframe. What I'm looking forward to is the benefits we could get in the future; locals will show more interest as we see multiple platforms adopting bitcoin; of course, demands will be high so opportunities for holders will increase. Maybe there could be better alternatives in the future, but it won't happen very soon.

The initial concept of cryptocurrencies is decentralization so it will never be stable, of course there are benefits when the price is unstable because it gives profits when it goes up and can buy at a cheaper price when the market goes down, maybe when the market cap has reached 100x from now the price is more stable because it is impossible to exist a person or company that has the power of money to control prices.
sr. member
Activity: 938
Merit: 251
September 07, 2021, 06:02:33 AM
I think it won't stabilize, but the movement of price will slowly move from some timeframe. What I'm looking forward to is the benefits we could get in the future; locals will show more interest as we see multiple platforms adopting bitcoin; of course, demands will be high so opportunities for holders will increase. Maybe there could be better alternatives in the future, but it won't happen very soon.
sr. member
Activity: 1428
Merit: 250
September 07, 2021, 02:15:40 AM
#99
Although Bitcoin has a $982 billion market cap at the moment, it is still nothing when compared with huge global currency markets. Until the BTC market cap starts to grow into the trillions, it is highly unlikely that it will be stable enough to...

Although Bitcoin has a $982 billion market cap at the moment, it is still nothing when compared with huge global currency markets. Until the BTC market cap starts to grow into the trillions, it is highly unlikely that it will be stable enough to function as a currency. The volatility merely occurs because there is not enough liquidity.

Think about it. How many ways can you exchange your fiat currency into other currencies, commodities, or goods? Since almost everyone deals in fiat, you can always liquidate your cash without affecting its price. Meanwhile, despite continuous growth, very few people, merchants, or services are willing to accept Bitcoin. In fact, most central banks and regulators are actively trying to make it more difficult to buy or sell Bitcoin. It all leads to a lesser market cap and lower liquidity for Bitcoin than fiat currencies.

All of it is easier to grasp with a metaphor. Imagine a fat man jumping into a small swimming pool. As he drops, he makes a huge splash and drenches everyone around him. A lot of water is displaced from the pool, as the level of water changes. Now imagine the same fat guy jumping into a vast body of water such as a lake or a sea. There is so much water that his presence in there is so insignificant, that no matter how hard he tries, it's barely impossible to change the water level.

In this analogy, the fat guy represents an investor with a lot of money and Bitcoin is water. At this point, Bitcoin is still a tiny swimming pool and is far from being a lake. Whenever someone enters or leaves the market, they create a massive ripple effect on the price. However, once Bitcoin becomes like a lake or an ocean, the price will stabilize, and you won’t be able to notice any individuals affecting the market.

Bitcoin has seen an increase in popularity in countries like Venezuela and Zimbabwe where traditional money systems have failed. Some analysts say it’s only a matter of time when other national financial systems begin to crumble, too. That is likely to be the biggest chance for Bitcoin and cryptocurrencies to gain mass trust, adoption, and liquidity.

If Bitcoin gains enough liquidity, there should be significantly less fluctuation in price. While Bitcoins market cap is around $60 billion, the most stable world currencies are measured in trillions. When and if Bitcoin gains the levels of adoption and liquidity which are near the level of usage of dominant government-issued currencies, it's price will become much more stable than it is today.

All currencies and assets change their perceived value on a daily basis. Looking back at the history of money, it becomes clear that all currencies, especially fiat, tend to depreciate due to inflation. In the case of Bitcoin today, price depreciation could occur due to a failure of its network, new regulations, stability issues, better alternatives or anything else that discouraged people from using it. However, unlike traditional currencies, Bitcoin is deflationary, which means that it should appreciate in value over time. Despite the apparent risks, it still has the best track record of all cryptocurrencies and thus signifies the most important financial innovation of our time.
jr. member
Activity: 62
Merit: 6
September 07, 2021, 01:18:05 AM
#98
Wait for all the bitcoins to be mined?
When the selling and buying prices are about the same, the price of Bitcoin will become stable.
full member
Activity: 2520
Merit: 204
September 07, 2021, 12:32:40 AM
#97
We all keep listening reading every where hold bitcoin as it will keep growing in future as well.

But my question is how much maximum a bitcoin can worth and when ??
What is its max potential and when its price would stop increasing??

I know nothing can be predicted but I just want to hear your views about it.
not a chance , Bitcoin is decentralized coin this means no one can control this and meaning also that this cannot be stabilized .
yes there are holders and there are even manipulators but eventhough none of them can make the value stagnant in certain price.
because if this happens then why would people still has this? when this is almost the same with fiat in which only online form.
sr. member
Activity: 924
Merit: 255
September 06, 2021, 11:09:22 PM
#96
What we know is that the Bitcoin price is really fluctuating which is very naturally influenced by various things over time, which is really a bit difficult to predict, because enthusiasts and their popularity have a big influence on Bitcoin until the future, besides that.. maybe the government will be more involved in this. Well, actually time will tell that, but it is possible that the price will look stable at the high I guess, but that does not mean that it is stable without a decline, the decline will definitely exist over time, just not too sharp.
newbie
Activity: 98
Merit: 0
September 06, 2021, 07:09:45 PM
#95
As for me and from the little knowledge I have so far about BTC, I don't think BTC will stabilize anytime soon.  Since it is not backed by a fist currency or a physical asset. Also, since the demand of Bitcoin is on a daily rise this also will cause it's price to keep rising. So I don't see Bitcoin becoming stable soon.
sr. member
Activity: 1344
Merit: 261
September 06, 2021, 11:29:27 AM
#94
We all keep listening reading every where hold bitcoin as it will keep growing in future as well.

But my question is how much maximum a bitcoin can worth and when ??
What is its max potential and when its price would stop increasing??

I know nothing can be predicted but I just want to hear your views about it.

I guess we all have our own speculations about Bitcoin, for me, personally, I don't want to see the price stopping nor even being stabilized, Bitcoin is volatile, therefore, it will continue to do the pump and dump, of course it's impossible for Bitcoin to move if it wasn't for us, but potential-wise, I think Bitcoin has a long way to go, 10 years of existence and more years to go, I honestly think it'll be a rollercoaster ride, all I can say is that the era of cryptocurrency has only begun, and it will continue to expand and evolve as fast as technology does.

full member
Activity: 630
Merit: 102
September 06, 2021, 11:20:31 AM
#93
The price of Bitcoin will continue to increase from time to time, there is not any the maximum price for what the Bitcoin price is. As more and more people want to own Bitcoin, Bitcoin sellers will continue to increase the selling price of Bitcoin. This also means that the price of Bitcoin cannot be stable, because bitcoin has a price that fluctuates. 
The price of Bitcoin will always change depending on the supply and demand in the market.
legendary
Activity: 2674
Merit: 1226
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September 06, 2021, 08:28:54 AM
#92
Bitcoin will never stop growing as long as the technology is still there.

It's less of the tech, then utility and adoption. Altcoins arguably have much more advanced tech, some call themselves 3rd and even 4th generation blockchain, Bitcoin being seen as the 1st generation and what have they been able to gain except speculators, hype and drama from influencers? It's all about belief and adoption, and actual use.
member
Activity: 262
Merit: 12
September 06, 2021, 08:18:59 AM
#91
Bitcoin will never stop growing as long as the technology is still there. Speaking of price, it will continue to grow as well, if a prediction expert thinks 1 bitcoin will cost $500k it might be more, depending on how long this technology will exist, the price will continue to be high, and the supply will be depleted. There will be a lot of interest.
When 0.1 usd, who think it up to 1USD.
when bitcoin 1usd, who think it up to 100usd, 1000usd or 10k
why don't you think it more better than 500k, 1M 10M would be reach for future!
i still buy it from 10k usd, and don't stop that.
full member
Activity: 1834
Merit: 166
September 06, 2021, 08:14:38 AM
#90
We all keep listening reading every where hold bitcoin as it will keep growing in future as well.

But my question is how much maximum a bitcoin can worth and when ??
What is its max potential and when its price would stop increasing??

I know nothing can be predicted but I just want to hear your views about it.
The price volatility is not in our hands and we can't predict what prices will be of btc at this or that time in future as nobody could but how much btc you can afford or will need to have to secure your future literally depends on you.Some will have more than 1 and still not satisfied but on the contrary side the normal holders like us will be happy to see 300-400% growth also.Our expectations have been increased from btc but it will take some time to reach at peak.But most important is that when everyone else will be having more or more btc you should not feel left out and have little also to remain safe in lower deck of boat also.So have what you desire or afford now.
TWW
full member
Activity: 1456
Merit: 109
September 06, 2021, 06:53:39 AM
#89
I think we will never know the max price of bitcoin.
This is an excellent thought because of course in a trade we have to think about the maximum price or the lowest price.
but in the case of crypto trading. all will belong to the market demand. When there are fewer bitcoins available for mining, more and more people are looking for them in the market. trade continues to increase because of the price.
the most important thing is market demand. because in fact we never see the peaks and bottoms of the future. everything looks blurry.
newbie
Activity: 36
Merit: 0
September 06, 2021, 06:11:33 AM
#88
The price of Bitcoin is generated based on people's consensus. People will buy or sell because of some favorable or unfavorable news. No one can control these news, so we have no way to know in detail in the future.
As long as someone is willing to believe that Bitcoin supports Bitcoin, the price of Bitcoin will always be volatile, and it is difficult for people to predict how much higher the value can reach.
These news headlines land up more crypto explorers into the crypto world. Also the increasing demand of Bitcoin and it’s limited supply brings volatility to the crypto market.
newbie
Activity: 22
Merit: 0
September 06, 2021, 04:37:47 AM
#87
My opinion is that when the price of Bitcoin is enough to anchor the value of all human assets in the world, the price of Bitcoin will be stable. But one problem with this view is that the price of Bitcoin is driven by purchase. Unless everyone exchanges all assets for Bitcoin, the total value of Bitcoin will always be less than the sum of human assets. I haven't figured it out yet.
hero member
Activity: 2170
Merit: 530
September 06, 2021, 03:07:50 AM
#86

actually no one knows what the maximum value of bitcoin actually is, because bitcoin is elastic meaning it can go up and down. maybe we can see the price of bitcoin in the phase of increasing 100% from now on, even after experiencing a 100% increase we can't predict, because bitcoin can increase and decrease at any time. so it's hard to predict actually for bitcoin.

As much as we want to but no one really knows what will be maximum price that bitcoin can attain and we don't know also when it will happen. For me, I used to see bitcoin as a surprise gift each and every single day because I don't know what will be the next move of bitcoin price. It's unpredictable and every time I check the daily price update of bitcoin I've got surprised by what I've seen, sometimes its price dropped and sometimes it's just flying high. But one thing for sure I know that bitcoin will be more valuable than it is today.
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