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Topic: When will the price of cryptocurrencies be stable? - page 5. (Read 910 times)

jr. member
Activity: 140
Merit: 1
I think the price of cryptocurrency may never be stable, because this is the investment market, not the bank. Even gold can't guarantee its price is absolutely stable!
legendary
Activity: 3346
Merit: 1128
There are some crypto like USDT or so that are tokens and tied to a real life thing which are always stable and always pinned to something which will not increase or decrease and stay stable. However any other crypto like bitcoin or ethereum will never be stable for too long.

Of course, it can stay at the same range of price for a week or two but it will never be staying same for a long time, crypto has a volatility in it because the amount of bitcoin is limited and people decide on supply/demand ways for bitcoin price to change and if one side goes heavier than we move towards that way without any government stopping it will do whatever it wants.
hero member
Activity: 1139
Merit: 500
As per experience with cryptocurrency for the last year's pumps, I could view it exactly as unpredicatable, because it do stabilized at random stages but suddenly we can't expect it to fall into unexpected price. By the time bitcoin hits at good and top highest price, I seen other cryptocurrency also gaining a huge profitable value in the marketplace so as stabilized price.
  Absolutely, for a long time risking cryptocurrency is quite hard to predict individually. I believe we all here struggling volatility and fluctuant prices for the past year of penetrating crypto as our fund and still fighting the bearish scenarios for the massive profits that everyone desired. This crypto is indacating to have a wide patience and have faith for the past progression. And I know we all here believe that the prices will grow enormously, only time can tell.
hero member
Activity: 1036
Merit: 502
As per experience with cryptocurrency for the last year's pumps, I could view it exactly as unpredicatable, because it do stabilized at random stages but suddenly we can't expect it to fall into unexpected price. By the time bitcoin hits at good and top highest price, I seen other cryptocurrency also gaining a huge profitable value in the marketplace so as stabilized price.
hero member
Activity: 1526
Merit: 596
I believe that this market has never been characterized by great stability, because unlike institutional markets, the crypto market has been much more susceptible to experiencing large inflows or outflows of capital according to the rumors or the emotional aspect of the investors.

And personally I do not think this will change much in the medium term, because the decentralized aspect of the market prevents it from being intervened by regulatory authorities that prevent the speculative manipulation of prices.

There will always be some inherent volatility with the bitcoin market, considering that it is a freely traded currency without any manipulation.

However, this volatility is only in the short term. In the long term, I'd say that bitcoin is much more stable than fiat currencies, especially those issued by countries which have a faltering economic system, such as Turkey and Venezuela. That's due to the fact that bitcoin's supply is limited, and hard coded, being unable to be manipulated by any single entity in order to debase the value of it.

Personally, short term volatility has never been a huge concern of mine, as I don't particularly care about the fiat value of my long term holdings anymore. But I think as time goes on and merchant adoption increases, the price of bitcoin should become more and more stable in the short run given that they start pricing their goods in bitcoin. However, this only comes with time. How long it will take we don't know, but I'd think that within a decade we'll see a drastic decrease in volatility already.
legendary
Activity: 3752
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
I believe that this market has never been characterized by great stability, because unlike institutional markets, the crypto market has been much more susceptible to experiencing large inflows or outflows of capital according to the rumors or the emotional aspect of the investors.

And personally I do not think this will change much in the medium term, because the decentralized aspect of the market prevents it from being intervened by regulatory authorities that prevent the speculative manipulation of prices.
Being stable is not bitcoin's or any crypto's job. They are not here to be stable, they are here to make some statement to governments and financial world. For that, they must have some big value within them and this is the core reason why cryptos are fluctuating and moving slowly toward multi trillion dollar marketcap levels.

When the marketcap reaches its high time picks than the financial firms hear about our names and start to take notice. Look at how no one cares about us right now. Back in December when the bitcoin reached its ATH and all other coins followed it than the financial firms took notice and talked about how bitcoin is bad and all that because they were scared.

Bitcoin is not here to have a stable price for you so you can sleep better at night, if you want that go buy gold. Bitcoin is here to make a statement and that can only be done with marginal swings.
sr. member
Activity: 1148
Merit: 254
What kind of stable market do you want? Cryptocurrency trading is very volatile it can never be stable unless trading is controlled by the authority to avoid market manipulation but since this market are free to control by anyone who has the power we will never be achieved its stability because right now it cant be controlled by any government organization. 
I don't know, since Bitcoin first emerged, crypto prices have never been stable. in fact, even a very stable ETH is really unpredictable. well, but many people use this for their benefit. especially for traders.
full member
Activity: 826
Merit: 111
Cryptocurrencies price are not stable because there is always pump and dump happens in the market. If the maket market moves up and down only we can earn good profit. When the price is low then we can buy more bitcoin and when the price will high means you can sell and see the good income. If it is stable means there is no use of invest in bitcoin. Always market would control by the whales so according to their moves the fluctuations happens.
hero member
Activity: 2492
Merit: 542
What kind of stable market do you want? Cryptocurrency trading is very volatile it can never be stable unless trading is controlled by the authority to avoid market manipulation but since this market are free to control by anyone who has the power we will never be achieved its stability because right now it cant be controlled by any government organization. 
member
Activity: 448
Merit: 10
cryptocurrencies won't be stable until the prices go up and down the main reason is the market is increasing as per the developments and market speculation rumors so we can see price will be volatility until the market turnover is more than 500 billion dollars
legendary
Activity: 2534
Merit: 1233
The thing with people is that one day they believe that a stable price is important, and once we have a stable price for a longer while, they suddenly start to get bored and want the volatility back. People don't know what they want.
Yeah right, I don't know why people they want a stable price in the market. How they can ride the volatility and make a profit if they want the stable market. Through this high volatile we can make more profit when it comes to trading, and stable market it means no profit at all.

I don't think so if there is a stable price in the cryptocurrency, as long as we heard the word volatile we expect that there is a fluctuation of the coins in the market not only cryptocurrency will fluctuate even foreign exchange there is a fluctuation of their value in the market. Nothing stable happen at all.
jr. member
Activity: 178
Merit: 5
I think the price of crypto will be stable it will need a very long time, because for now the price of crypto is still very often rising and falling and my estimate of crypto prices will be stable around 3-5 months ahead.
I think 3-5 months is not a long time to make the crypto value stable. and if that can, it takes several years.
legendary
Activity: 1526
Merit: 1179
some bet that it will succeed, others bet against it. With time it will become more clear who was right
That's a pretty safe assumption, isn't it?  Tongue

Fact is that the more stable an asset becomes, the less relevant the spot market of that asset is. The majority of the trading and volumes will then grow around it just like what happened with gold. Bitcoin will follow that path.

Not sure if that's good or bad for Bitcoin per se, but it will will for sure make Bitcoin's limited supply less of a thing with how cash settled products have an infinite supply. The futures market is an early sign of what has to come.

The thing with people is that one day they believe that a stable price is important, and once we have a stable price for a longer while, they suddenly start to get bored and want the volatility back. People don't know what they want.
legendary
Activity: 3038
Merit: 2162
Bitcoin was relatively stable in 2015 because of the post-bear market stagnation, we might see more periods like that in the future. Perhaps we'll experience something like that very soon, if $6,000 is the bottom of the current bear market.

But if you are asking when will Bitcoin be truly stable, the answer is not soon, the speculation needs to shrink. Currently the market is speculative because people aren't sure about Bitcoin's fundamentals, some bet that it will succeed, others bet against it. With time it will become more clear who was right, so there will be less reasons for speculation.
jr. member
Activity: 353
Merit: 4
This may never be stable because crypto is decentralized, and crypto prices are affected by market changes. And if the government takes crypto then crypto can have a stable price.
legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
Decentralized crypto currency can not be stable and its price by its nature. Its price is formed solely on the basis of the supply-demand ratio in the crypto-currency market, and they will never be stable. The stable price for crypto currency can be only in one case - when there will be no demand for it and its price will be zero.

There are other decentralized assets, too. What about gold or oil? By many standards, they're volatile markets, but compared to cryptocurrency they're very tame.

I think it's largely a matter of market liquidity. At higher prices, no one can push the price up with just a couple million dollars. Hopefully that, combined with bigger bid liquidity due to rising demand will help stabilize things.

I agree though, that these markets will always be less stable than lots of assets -- blue chips, bonds, commodities with inelastic supply and demand, etc.
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
The price of cryptocurrency will not be stable for at least two years. Why? Because there are still a large number of merchants and whales in control of the market, only coins can fluctuate to make a profit!
The current situation you feel lot of investors are control the market. But once it will legalised in some countries automatically it will growing to rapidly so don't expect it will take two years.
My prediction is we will see the good result in crypto market. Because number of companies are slowly adopt the Bitcoin so surely it will reach good position in next year.
legendary
Activity: 2170
Merit: 1427
The price of cryptocurrency will not be stable for at least two years. Why? Because there are still a large number of merchants and whales in control of the market, only coins can fluctuate to make a profit!

Whales have always been and will always be in control of the market, nothing will ever change there. I rather have whales in control of the market than a bunch of gambling addicted lunatics thinking this is a money making paradise, which it clearly isn't.

Merchants in control of the market? Really? At least you should have said that it were the payment gateways who are in control of the market, which would have made a bit more sense since the far majority of the merchants use payment gateways to settle their crypto payments. Selling pressure from these payment gateways is negligible, especially with how the bear market single handedly trashed people's confidence to spend or invest their coins.
newbie
Activity: 89
Merit: 0
The price of cryptocurrency will not be stable for at least two years. Why? Because there are still a large number of merchants and whales in control of the market, only coins can fluctuate to make a profit!
full member
Activity: 392
Merit: 100
in my opinion crypto will never be stable, the price will definitely go up and down anytime, because many factors that make crypto will never be stable depending on demand and supply, if crypto is stable it will definitely lose its artistic value and its popularity, because investors will assume crypto is no longer profitable.
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