Topic: Why is bitcoin stability important? - page 18. (Read 2056 times)
The volatility of bitcoin will give it more speculators, and if bitcoin is stable it could well become the world's currency. So the stability of bitcoin is important, but at least five to 10 years from now.
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.?
Volatility of the value of bitcoin is also important since there can be lots of investors. However, its stability is also important when it is used in payment of bills and other transactions that need fix amount of the currency. If the value is stable, then uncertainties will be vanished. But I think the fluctuations of the crypto currency is unavoidable. It just depend on its demand.for your opinion.?
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.?
Volatility of the value of bitcoin is also important since there can be lots of investors. However, its stability is also important when it is used in payment of bills and other transactions that need fix amount of the currency. If the value is stable, then uncertainties will be vanished. But I think the fluctuations of the crypto currency is unavoidable. It just depend on its demand. for your opinion.?
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.?
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.
Stability of bitcoin is more important because if you know the price of the currency you can easy track your money if your investments are growing in investing it to bitcoin. And if you don't now the stable of a crypto it is hard to invest if you are an investors they will surely choose a crypto with a stable price that can earn more profit.
The stability of bitcoin is important because it helps investors trust and continue to participate in the cryptocurrency market. Bitcoin will create momentum for the cruptocurrency market and the price of bitcoin will be even higher. In the future, people will use bitcoin in the most common and effective way.
No one invest in bitcoin because of its stability, everyone invests because of the possibility of earning a significant amount of money in a relatively short amount of time, this can be a difficult thing to accept for some people especially those that want to see bitcoin used more as a currency than as some form of investment but we need to recognize that is the truth. stability is a sign of market maturity this is a good trend for those who are ready to invest in bitcoin for the long term.He expressed his concern over the rising volatility rate at the time and its negative impact on the overall industry of bitcoin even the top cryptocurrencies are struggling to deal with volatility and as bitcoin and security expert.
Yes, I agree with you. For me, bitcoin's consistency of having high market value gives opportunity to all altcoins to have higher value also and this makes cryptos more important and good to invest.
For me stability will make people believe that crypto could be used mostly everywhere, thanks to that those prices will pump and market will be recovered, but that is future in my opinion.
It will happen dude. Things aren’t that much complex. There will be rise of bitcoins in near future. As they have shown an immense increase in last December. Wait for the good time and I am sure that is just coming ahead. Bitcoins have shown the world that they will be making everything fantastic if they are given the best chance. Hope this month or the next one bring best chances for bitcoins. 
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 bitcoin is important to be stable because all ICO Project will never have a hesitation to conduct their ICO Project which people wanted to invest.for your opinion.?
The bearish and bullish market is just an everyday thing for them.
because people are heaving faith on btc and they are connected with btc from long time and also many countries are trusted on the btc they are giving importance to btc, bitcoin got its level in the market and that's why so many people are investing on it including me so bitcoin stabilities is very important and compulsory.
The stability of bitcoin is important because:
- Many people are still worried about the risk and fluctuation of bitcoin -> stability will create trust and increase the popularity.
- Stability is the nature of the target becoming the global payment method of bitcoin. But it is being exploited to generate profits.
- In a market that is not fully legalized, the value of high / low volatility is always affected by the reaction of the community.
- Many people are still worried about the risk and fluctuation of bitcoin -> stability will create trust and increase the popularity.
- Stability is the nature of the target becoming the global payment method of bitcoin. But it is being exploited to generate profits.
- In a market that is not fully legalized, the value of high / low volatility is always affected by the reaction of the community.
when the bitcoin price is stable, so is the altcoin price. the stability of bitcoin is very important in exploiting market prices, because when prices become unstable, so many people will panic, and sell the assets they have.
Stability is a sign of market maturity. we desperately need price stability, because all alt follow the path of bitcoin scenario. if bitcoin decreased automatically alt price also decreased,
Stability is a sign that the market is mature, only stable currency will likely be recognized the world currency, now BTC did not reach this stage, if there is no volatility BTC, prices become very stable so there will be many people invest in BTC?
Bitcoin stability is really important for the crypto currency to have a healthy and stable market. It is a great help to attract more investors that could give them assurance that bitcoin is really a good investment to venture with, not just for a moment but for a long term goal.
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.?
Bitcoin stability bring more investors. More investors pitch in, the rate increases, the popularity increases and currency market ill be busy with bitcoin and other currenices move and achievemnets.
Bitcoin stability is an important thing as a matter of fact any currency's stability is an important thing because every currency represents some resources so if the price is going up and down it doesn't do that anymore so sometimes it becomes useless whether we are buying something because the amount of money needs to meet the value of what we want to buy at the exact same time which is very hard.
Spreading Bitcoin's stability information is one way of providing understanding for Bitcoin users to stay on Bitcoin, and Investors to stay interested in Bitcoin.
But basically, we know that Bitcoin is Volatility.
Bitcoin becomes a difficult digital currency predicted to increase and decrease in value.
Although spreading information about Bitcoin will still be less successful in convincing many people because they are very familiar with their Bitcoin.
But basically, we know that Bitcoin is Volatility.
Bitcoin becomes a difficult digital currency predicted to increase and decrease in value.
Although spreading information about Bitcoin will still be less successful in convincing many people because they are very familiar with their Bitcoin.
Stability is a function of volume. The US dollar barely moves 2% from day to day because there are several trillions of dollars traded every day, so it's hard for any one player to pump or dump it. So it moves based on fundamentals (the outlook for the US economy) instead.
Bitcoin is still very small - it's market cap is smaller than Apple's, so it's easier for whales to move the price, especially as the trading volume is only about 1/50th of bitcoin's market cap.
I guess that is what most people are not really understanding yet. We are still in a very early state and we cannot expect the volatility to not be like this, most especially for a decentralized environment. A lot of people keep complaining about how volatile the market is without understanding it is that volatility that actually makes some investors to want to pull in to take advantage of the fluctuations. Bitcoin is still very small - it's market cap is smaller than Apple's, so it's easier for whales to move the price, especially as the trading volume is only about 1/50th of bitcoin's market cap.
However, some of these things will change overtime, if we indeed start seeing real life usage with a great level of adoption but until then, we just have to get used to it. Also, based on what the OP said, I do not see how this inhibits the development or growth of altcoins as a whole lot of alts have grown since their inception and still growing.
Stability should only be expected maybe when bitcoin has gotten extremely huge and by then, it is no longer about investment as an early adopter, but a currency as that is what in the long run, that is what is going to make it hugely adopted and in that stage, nothing much may be expected.
A stable price usually will turn the altcoins more like into a stock market scenario as bitcoin is kind of pegged to them as someone rightly said. This is the main reason why we have seen a lot of altcoins doing well whenever bitcoin is experiencing some consolidation. A huge level of stability in bitcoin is not even something anyone should be expecting at all. This is a decentralized market, there would always be fluctuation and it can only reduce to some certain extent once we get to see real life usage.
Beside the shadow of its stability the instability is also an advantage to those who can not afford Bitcoin. At low price people can easily buy Bitcoins.
but I think if bitcoin price is stable, the altcoin will be stable too and we are difficult to make a profit. once bitcoin is stable at the highest price, every altcoin will follow to stable and it's hard to altcoin to reach the highest price in the future. maybe if the price is not stable, we could still make a profit by using the gap of the price. but I really cannot imagine what will happen if bitcoin price is stable.
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