Topic: Why is bitcoin stability important? - page 17. (Read 2056 times)
Stability no that will attract investors massively into the business of bitcoin,but before we talk about stability or instability in bitcoin we should remember that every business have its own characteristics and one of the prominent characteristics of bitcoin i have come to no is volatility which cuts across other forms of business and currency.
The volatility of the market effects people’s perception of crypto. People are less likely to back something that is unstable, once the bitcoin prices stabilises we shall a lot more investment.
It's impossible to have stability without regulation.
It's impossible to have regulation in a completly decentralized system.
Therefore, either we accept the end of the decentralization or we accept instability.
The best of both worlds? I don't think so...
The volatility of the market effects people’s perception of crypto. People are less likely to back something that is unstable, once the bitcoin prices stabilises we shall a lot more investment.
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.?
for your opinion.?
I think the fluctuations of currency is normal, maybe more people want stable bitcoin. but, It is currency. I like this condition, ita make me happy and has pashion to buy and hold.
Bitcoin's stability really matters especially to the investors. The stability the price the better. As of now Bitcoin's stability is shakey. Causing some of the investors to panic that anytime it might drop to its lowest price. But there are positive things it's ups and downs status to others. Here we learn how to hold and buy coins.
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 think if the bitcoin price becomes stable, it will reduce the demand. because prices will continue to be stable from the purchase price until later they hold. this can not be continued. the price must remain volatile. and the effect of bitcoin price is not too significant, because when bitcoin prices rise, not all altcoin go up. only the etherum goes up. for your opinion.?
Price stability is not important and it is rather foolish too try to control price stability in a dynamic and unstable marketplace. The more prices can adjust to the real economic conditions the more efficient trade will be.
You can't have price stability in an unstable world.
You can't have price stability in an unstable world.
With this level of volatility, BTC will never be able to replace fiat in any major application.
And that is exactly the point; BTC was created as an alternative not exactly as a replacement.
In order for BTC to behave like fiat, it has to be heavily regulated like fiat is. Do we want that? I don't think so...
Who is really aiming at replacing fiat or eradicating paper money from the face of earth? Bitcoin was never created with these intentions and with time, this is going to happen because physical money cannot match the demand of speed that is growing as the days are passing. It take many years for any asset to become stable and digital coins are still in infancy. It won’t stabilize this soon. And that is exactly the point; BTC was created as an alternative not exactly as a replacement.
In order for BTC to behave like fiat, it has to be heavily regulated like fiat is. Do we want that? I don't think so...
If we really wanted to make bitcoin a payment system then it should be stable. If a person is to receive an amount and then loses half of its value after it was transferred is a not beneficial to its users. Nobody wants to use it if this is the case. The same also applies to sending money. You don't want to lose your money that is to be used on a very important occasion or say in a medical emergencies.
I agree with you. Currencies’ stability in price really matters a lot wether it is volatile type of investment or not. Other people who did not accept or invest in crypto realizes the great volatility of crypto-investments. It can be a real asset alter on if Btc will ever experience this stability. 
Correct that the stability of the price is really matter most because it has it's own affect. Either for the invesment or to the bitcoiners who doesn't know the status. Investors accepts crypto as way of investment because they have seen as a meduim way of exchange if the price will high they will sell it. If the stability of the price we did not know yet or if the status of btc possible yes.
As the main coin to be a role model coin other, bitcoin stability is in need.
Once the value of bitcoin turmoil turbulent, then the sale of altcoin also be affected. The market is also so blushing.
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.?
...Even the fiat money like dollar, euro and etc. their value are not remain stable, but until now people using them. Volatility is normally happend when the demand is low, then it recovers easily when the demand will going to increase. for your opinion.?
Yes, it is true. if the bitcoin price is stable then we as the coin owner who can pretty much sell at a fairly high price. And also if bitcoin is the same as fiat money then it can be used for daily transaction freely whenever and wherever.
Bitcoin’s stability for me is important just like the stability of one country’s economy. If the value of crypto currency is stable it is more easy for us to invest because it will lessen the risk. Plus the risk of saving your crypto currency to convert it to real asset into near future. Or if it gains a purchasing power in the market its stability is very important.
It is important in a sense that almost all coins are tied to bitcoins. There are many projects that are anchored to it. Hence if bitcoin is not stable then projects attached to it won't be. Stability will involve alot of circulation in the market, means buying and selling coins to keep it moving. Promoting it is actually not a bad idea, more people know of it then more people will buy it. All in all we shouldn't just sell all our bitcoins because the market dipped. It won't help at all.
Bitcoin stability is very important to avoid crisis and gain profit by holding it. Promoting of it is the key to make it more stability and we can do that a lot of way such as social media. Social media is the one that is so common uses most of people all over the world and because this strategy is so fast to spread the news. So i think by doing this we can maintain it.
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.?
for your opinion.?
It is important so many people will see it as a good virtual currency that we may use for daily basis like paying some bills or paying it on groceries.
The perception of people about bitcoin as a currency is slowly fading and it is becoming an asset for them because of its instability, so if it is more stable then the things that we want to do with bitcoin would come to reality, companies will accept bitcoin as a payment abd life would be much easier.
The stability of bitcoin is important in terms of giving relief. something that is constantly on the same level gives you more confidence.
Because, sooner or later bitcoin and other bitcoins will play a role in the economy.
People are always thinking of stability, but it's about stability. They hoped it go up and never go down. This was so funny. The market needs instability and instability is the best way to make you profitable. Uncertainty is something that many experienced investors desire.
With this level of volatility, BTC will never be able to replace fiat in any major application.
And that is exactly the point; BTC was created as an alternative not exactly as a replacement.
In order for BTC to behave like fiat, it has to be heavily regulated like fiat is. Do we want that? I don't think so...
And that is exactly the point; BTC was created as an alternative not exactly as a replacement.
In order for BTC to behave like fiat, it has to be heavily regulated like fiat is. Do we want that? I don't think so...
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