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Topic: Why is bitcoin stability important? - page 11. (Read 2021 times)

newbie
Activity: 46
Merit: 0
May 01, 2018, 03:52:31 AM
Yes your right.  Bitcoin stability is definitely important because that will be the important aspect of
Bitcoin. And that is related to the stability of the transaction validity rules, the consensus protocol, mining pools, and the peer-to-peer layer.

And also the most important feature of a currency is that it be a stable store of value. And a stable currency value is the key to investment because those who invest are expecting a stream of future earnings to earn back their investment plus some profit. So that's why bitcoin stability is really important.
full member
Activity: 368
Merit: 104
May 01, 2018, 03:15:10 AM
Because many people are concerned about this, because they equate bitcoin with fiat whereas when compared with fiat it is very much different, bitcoin stability is much in want but it will be difficult because bitcoin no one set it, while that is excess bitcoin than fiat, so if you want to stable in my opinion will be hard.


If bitcoin will be stable then our chance to earn bigger profits will be limited too since we gain more because of its volatility. Bitcoin stability will also be hard to happen since it is decentralized unless the government will legalized it in all countries. Well, that would be a lot of hard work before that will happen.
I don’t think so that this idea of the bitcoin stability will be liked by the ones who have and who are investing their money into it because of the reason that they have only managed to make good earning due to the fluctuating nature of the bitcoin and that they are very much happy because of it. The stability in the market value of bitcoin will result in lesser number of investors investing in bitcoin just like gold.
member
Activity: 199
Merit: 10
May 01, 2018, 02:49:30 AM
For me actually a stabble price will harm a trading process, so we would get less profit from it... Violate price is the key to trade
full member
Activity: 406
Merit: 101
May 01, 2018, 02:48:07 AM
I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion.?
I agree with you, bitcoin should be stable because it will affect the price of the altcoin. I think when bitcoin can not be mined anymore, then bitcoin price will be stable. If bitcoin price can not be stable, we can still make money from bitcoin because this is the cryptocurrency market, a new market, it is different from forex.
Bitcoin stability will make assure those who can not handle the unstable market however the product from unstable market is more than that from stable market but this stability will bring the attention and trust towards Bitcoin. The value these days is stable between 8.9 thousand dollar and 9.3 thousand dollar that encouraged the investors and those who are not part of it but due to this many new investors are coming to the market.
member
Activity: 252
Merit: 10
May 01, 2018, 01:49:37 AM
We all know the cryptocurrency market varies considerably. Greater stability would have a positive impact on the acceptance of bitcoins as payments in stores, which due to large price fluctuations have a problem with this. A more stable bitcoin would have a positive effect on altcoin prices. Stability is a sign of the market maturing.
hero member
Activity: 728
Merit: 502
April 30, 2018, 05:24:14 PM
If in real life investors insure themselves with deposits in gold, then in virtual life they invest in bitcoins. By today, the activity of the constant use of the cryptocurrency has progressed greatly. It is impossible for the large investors to invest their money in something that isn't stable
Bitcoin is good in both situations and advantageous for people in both cases. In unstable situations Bitcoin gives opportunities to those who can not afford Bitcoin at high rates so with the decrease in Bitcoin value they find it easy to invest and afford at low price. On the other hand Bitcoin stable price provides opportunity for investors to think and take their decisions to go for investment in it.
legendary
Activity: 1568
Merit: 1002
April 30, 2018, 04:02:52 PM
Stable is very important for the crypto market so there is no concern for investors. But keeping the stability of the crypto market to me is very difficult, as many worry and panic when the market falls, give full confidence to the crypto market to keep at least some stability in the crypto market.
full member
Activity: 378
Merit: 100
April 30, 2018, 02:55:59 PM
Fluctuations are the things that should happen in an investment, because we need it to see and calculated how that market goes on.
If the stability of Bitcoin value is required, it has become such as other digital currencies such as paypal, e-gold, etc. They has price that affected by $ affect but the thing that is made interesting about crypto, it has differently value that not affected by others.
newbie
Activity: 117
Merit: 0
April 30, 2018, 12:13:23 PM
The stability of Bitcoin value is important because it will increase the confidence in the market as well as increase the usage in daily life and increase the entry of money into the stock market.

I think on the other hand is certainly beneficial for people who want to invest in bitcoin. it is certain how we will give perceptions on bitcoin whether for means of transaction or investment.
on the one hand it is bitcoin stability is very important because I think the role of bitcoin as a way of doing transaction must be balanced with the price stability possessed by bitcoin.
member
Activity: 207
Merit: 11
April 30, 2018, 12:12:52 PM
I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion.?
The stability of Bitcoin is very important to investors because now the currencies on the exchange are low stability and easy to cause fluctuations in which Bitcoin is the currency that has a lot of influence. Bitcoin is now the king of virtual currency and will continue to be in the future.
hero member
Activity: 756
Merit: 505
April 30, 2018, 12:04:23 PM
because it is affecting the whole market in general terms. If the price of bitcoin drops, it will all work in paralysis. If the bitcoin is stable, the other currencies will be further processed. which affects the market volume of the market.
jr. member
Activity: 124
Merit: 1
April 30, 2018, 11:52:02 AM
The prime purpose for bitcoin stability is that; once the price of Bitcoin is stable there will be a move by investor or big whales to make it a globally accepted cryptocurrency but if not stable it can't be use as a global currency for life..
copper member
Activity: 1162
Merit: 1025
April 30, 2018, 11:51:23 AM
I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion.?
Yes I do believe that bitcoin stability is important and it should exist because firstly bitcoin is and and stable form of currency because of which its value fluctuate a lot because of which its prices go up and down very frequently . Then bitcoin is also not regulated by any government or bank which further leads to increase in instability of the currency. I think bitcoin should be stable Which will lead to increase in popularity and uses of bitcoin throughout the world and then people will also develop a trust in bitcoin.
sr. member
Activity: 364
Merit: 250
April 30, 2018, 11:48:22 AM
Firstly, bitcoin is a digital money, it can be used for payments, so if somebody holding btc, why won't he use his asset to settle financial matters?
sr. member
Activity: 812
Merit: 260
April 30, 2018, 11:45:37 AM
it is true, the unstable bitcoin price is greatly affect the price of others altcoin , sometimes also greatly lower the price of others altcoin because the altcoin price refers to the price of bitcoin. not just promoting, we also have to buy bitcoin to increase the price again, so bitcoin can raise other altcoin prices.
If people does not see any stability in bitcoin, then, I don't think that bitcoin will still exist as of the moment, for sure people sees it during those times that was just starting and now the result is what we are all benefiting until now. Good things start from believing it.
full member
Activity: 560
Merit: 100
April 30, 2018, 10:54:03 AM
it is true, the unstable bitcoin price is greatly affect the price of others altcoin , sometimes also greatly lower the price of others altcoin because the altcoin price refers to the price of bitcoin. not just promoting, we also have to buy bitcoin to increase the price again, so bitcoin can raise other altcoin prices.
member
Activity: 245
Merit: 11
Staker.network - POS Smart Contract ETH Token
April 30, 2018, 09:50:22 AM
For me Bitcoin stability is very important , because there are many other coin that depends on the Bitcoin price that when bitcoin decrease other coins will follow too and if it increase other coins will do aswell, that why investors of other coin always check if the bitcoin is fluctuating normally or not, because there are many negative scenario that may happen if they don't pay attention with this.
member
Activity: 350
Merit: 10
April 30, 2018, 09:07:07 AM
Because it's stability will cause the stability of other coins and point out the maturity of crypto currencies as well.

Because many players do not dare to buy altcoin when bitcoin prices are not stable, so in my opinion bitcoin price stability is very important to be used as a benchmark or as a center of price movement of other altcoin
member
Activity: 378
Merit: 25
April 30, 2018, 07:52:18 AM
In terms of market share, we really need to see a stable market share of bitcoin, it is important and crucial to gain trust and attract more investors, unlike altcoins, it is not stable because they have less investors.

In terms of price, for me, bitcoin price should be more volatile, because we earn from that volatility, the rapid changes in price certainly gives us fast earnings and loss at the same time, if we could just interpret the market cap wisely .
full member
Activity: 518
Merit: 101
April 30, 2018, 07:43:47 AM
on the one hand it is bitcoin stability is very important because I think the role of bitcoin as a form of way to conduct transactions must be balanced with the price stability possessed by bitcoin. but on the other hand it is certainly not profitable for people who want to invest in bitcoin. it is surely just how we will give perceptions on bitcoin whether for a means of transaction or investment.

If Bitcoin has a very stable price, it will be a great grief to the traders. How can they make than their profit? The volatility of BTC lets them earning really a lot.
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