Why is bitcoin stability important? - page 16.

weblaraveluser

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Quote from: Mincrot on April 12, 2018, 01:25:32 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 do not think that stability is really mandatory on the market because most of the traders today are trading because of the volatility and they are really smart enough to earn a huge amount of profit.

macit

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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.

Elseye

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ApolloX

Because it's stability will cause the stability of other coins and point out the maturity of crypto currencies as well.

Xardasim

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I think it is something that most trader will not want if it will be stable because, nowadays the reason of using cryptocurrency is its value. I mean, i don't think we will gain when it will be stable. Only governments will take advantage of stable Bitcoin's price. But if it is stable, it may be possible to use Bitcoin as a payment method.

Roboabhishek

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Quote

It's impossible to have stability without regulation.

Yes, what you've said is correct but how can you regulate bitcoins now? It's almost an impossible task now you don't even have the tracks of bitcoins people lost by loosing their private keys.

Quote

The best of both worlds? I don't think so...

Best of both the worlds = bringing a new coin everyday -__-

It's impossible to have stability in a crypto even if it's regulated imagine someone owns 40% of a particular crypto and it's regulated what will happen? Obviously price drop on a great scale.

Simple you cannot have stability in the crypto world at least with the decentralized ones.

Argoo

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The stability of bitcoin is needed now to ensure that the states, on acceptable terms, legalize the crypto currency and that bitcoin is given the status of a legal means of payment. If he exhibits high volatility, then it is unlikely to happen. States will again consider it a financial bubble and the process of its legalization will be greatly hampered.
Of course, on the other hand, the volatility of the crypto currency is good for traders and investors, who largely derive their profits from high volatility.

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Quote from: Mincrot on April 12, 2018, 01:25:32 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.?

There is no way to promote the stability of bitcoin, the stability of bitcoin depends entirely on how fast people trade bitcoin, if they are willing to hold it for the long term or if they are just using it as some form of speculation vehicle, and in my opinion it seems that the speculators have greater numbers than the holders that is why the price moves so abruptly.

phpartisanmaster

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Quote from: Mincrot on April 12, 2018, 01:25:32 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.?

In my own opinion, bitcoins stability is not important because the volatility is what makes the price of cryptocurrency become very profitable and the traders also like this kind of precisions for them to earn a huge amount of profit.

TN0904950

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Quote from: netil on April 19, 2018, 03:31:16 PM

The stability of bitcoin will attract even more large investors to the market and can change it significantly. In the case of good or bad, it can be considered rhetorical. The market will somehow seek to centralize, perhaps corporate oculars will also go to bitcoin.

I think stable is the point where the price or value can be turned up and down. is where we can see when to sell and buy (invest). value bitcoin IMO difficult to stable, if at the beginning of the making designed to fluctuate. clean! our very need price stability, as all the Alt follow the path scenario bitcoin. if bitcoin decreased automatically price Alt also decreased, and vice versa

Gudhal Untu

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If the bitcoin price can be stable it will make everyone not worried to keep bitcoin, this will certainly make everyone never hesitate to keep in huge amount.

jatin729

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There are traders who are investing in bitcoin because they want to gain profit from it. let's suppose if bitcoin does not has stability and it falls down everyday, than who will invest in it. obvious no one want to invest. this is why stability of bitcoin is important investors points if view.

MainIbem

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Quote from: Mincrot on April 12, 2018, 01:25:32 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.?

Surely the stability of bitcoin is good for the cryptocurrency world. This is true judging from the way bitcoin stability or instability affects the whole cryptomarket. But the question is how can we ensure the stability of bitcoin?

Lumada

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Quote from: airdrophunter on April 26, 2018, 08:57:26 AM

Bitcoin stability is important most especially for the health of other alternate coins too. Because if bitcoin will always drop, the effect of it will be a disastrous since it will affect most of the alt coins to fall down too.

Stability is not always present in crypto that we somehow hoping that it will happen atleast for us to be able to think f what ur action next and how will be able to attck the selling or buying part. Yet having stabilized market now in bitcoin helps to attract more investors.

kavindra

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I agree with you, the stability of bitcon prices is very important because if prices are unstable then investors are hesitant to choose bitcoin as an investment, if more and more are leaving bitcoin then the price will continue to fall

CaptainKid

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Quote from: pankowri on April 26, 2018, 10:15:46 AM

Bitcoin stability is important because all the crypto currency are depended on Bitcoin directly or indirectly.When the Btc price is dropping then all currencies price are also dropped.It is related into many sides.So, Bitcoin stability is important.

I agree with you that all the altcoins depend on the bitcoin price, but will it be better for you if the price is at the same level, say 6000 dollars? I think not. Therefore, in any situation it is necessary to find positive and positive aspects.

chickenfried12

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The market is so fast and declining that exits are defined as an insecure market The stockbrokers are doing the stock market Experts The big losses or big profits from the authorities and all the people who are involved in the money business are profoundly affecting the market and this can be harmful for the promising platform I think the price to stabilize is definite The best action is to revise with intervals.

pankowri

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Bitcoin stability is important because all the crypto currency are depended on Bitcoin directly or indirectly.When the Btc price is dropping then all currencies price are also dropped.It is related into many sides.So, Bitcoin stability is important.

galkinig

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Quote from: Mincrot on April 12, 2018, 01:25:32 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.?

Bitcoin stability is very much important if it is to be used by small merchants or companies like Amazon. Otherwise majority of companies will not allow crypto payments.

airdrophunter

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Bitcoin stability is important most especially for the health of other alternate coins too. Because if bitcoin will always drop, the effect of it will be a disastrous since it will affect most of the alt coins to fall down too.

TIDOVEE

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You spoke well,but stability is not the best option.
With the stability of bitcoin it means the value won't be increasing and thereby reduce the trading character which means there won't be much gain.

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