As we know or see in the past, bitcoin has a great influence and importance in the development of the crypto market. In other words, it is the leader who laid the foundations for the crypto market. Of course, the value of stable bitcoins is significant in creating the driving force for the blockchain industry evolving from the new altcoin to increase the need to use / increase the popularity of gadgets to users. and investors.
Topic: Why is bitcoin stability important? - page 7. (Read 2080 times)
Bitcoin stability is essential in comparison with other currencies; there are many reasons why Bitcoin is necessary as the Bitcoin virtual currency is the largest in the Bitcoin market as well as in Crypto. Influence on other virtual currencies.
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 high volatility of bitcoin ultimately can lead to its depreciation, after which it will no longer rise so high. If bitcoin continues to rise in value and grows to a considerable extent, many of its holders will constantly monitor the news of the crypto currency and, with negative news, will sell their bitcoins. Others may be perceived as the action of negative news and then a real panic can begin, as a result of which bitcoin can dramatically lose value even down to practical depreciation. A similar scenario is very possible if bitcoin will have a very high price. Investing in it at this stage will have an increased risk. for your opinion.?
It is really important because many people spent money to invest on it and it has great value on the market. It is the future of the digital currency where in it's decentralized and no government nor banks can interrupt or put control on it. From all walks of like can obtain bitcoin, regardless of your state of being in the community, rich or poor you have all the opportunities be take part of it.
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.
If the crypto currencies get stable in terms of the market value, then it will have both positive as well as negative impact on the market as well as the investors investing into these coins. I don’t think so that bitcoin stability will be a very good idea and that this will surely bring a bad name to the bitcoin as at that time, the investors will stop investing their money into it and that they will look for some other investment which can make them richer.
Obviously the stability of a coin is paramount. Because if a coin is unstable it will have an effect on the price decline and the decreasing interest of the coin. And the main stability of bitcoin is the responsibility of owners and investors bitcoin own.
Stability not only important for bitcoin but also important for every currency. Without stability, any currency cannot run. we are the forum member always discuss bitcoin volatility because we want the stability when the price of bitcoin is stable than we get courage for invest and selling. When we find the long-time stability of bitcoin, we can able to achieve more profit. Bitcoin stability helps the investor invest in it and that’s the actual source of making money of bitcoin. So it's important the stability of bitcoin.
Also, stability is important for life and business. If your life is volatile I mean your financial condition of life is volatile, then you fall in a depuration and poverty that will be the reason for early death. So everyone wants stability.
This stability is very important for a currency, but at the same time bitcoin is not being used as a currency it is being used mostly as a way to invest and to trade your money this is why the price can vary so wildly, and this is probably an indication that we are not going to see a stable price of bitcoin for a very long time, because I do not see those people changing the way they view bitcoin. Also, stability is important for life and business. If your life is volatile I mean your financial condition of life is volatile, then you fall in a depuration and poverty that will be the reason for early death. So everyone wants stability.
Stabilization of the price of bitcoin will promote his advance as currency which can be used worldwide.
When bitcoin prices stabilize then this will make the peace of all users, as we know that the biggest problem of bitcoin is a very volatile price that makes a lot of big investors worry to put money in bitcoin.
We know that Bitcoin is a big money market in the virtual currency market, and that the currency is profitable for investors, and that Bitcoin stability helps the market economy in developed countries. To be stronger, many think that Bitcoin will bring the economy to a large extent.
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. This trend suggests that there will be a process of raising the level of education of new users of digital currencies, and more and more people will be able to understand the benefits of using blockchain technology for payments at minimal cost. There will be less speculative sales of bitcoins by traders, as mature and related derivatives will simplify shorting.
Agree. The maturity itself could be achieved when the market has a good trend for several period of time. Answering whybthe stability is important is, people who invest in bitcoin are sure that their asset has a good future. Like bitcoin have been.
It is not the most important thing at this moment as the price will improve in sometime.
Its stability is important because at present I find it very influential to the ICO project. If it is not stable then the ICO projects are unlikely to be successful soon. So, I think this is one of the reasons why its stability is important.
Bitcoin stability is important if we want more stores to start accepting BTC. Some of them have been accepting Bitcoin for years already and if they were keeping their BTC all the time I'm sure they don't regret it. But of course it was risky to make that decision and most people don't want to risk, especially merchants.
I think Bitcoin will become stable eventually, but it will take several years from now at least. We need that time for understanding by most Bitcoin users that Bitcoin will be here forever and that whatever FUD they hear they shouldn't start panic selling. By stability I mean constant rising but at very slow pace. Merchants will not be against such "stability" for sure and they will start accepting BTC more and more. The rising is inevitable because Bitcoin adoption is still in its early stage. And when every internet user(or most of them) will be having a fraction of BTC they want there will be not many new buyers every week and than the price can stabilize eventually.
I think Bitcoin will become stable eventually, but it will take several years from now at least. We need that time for understanding by most Bitcoin users that Bitcoin will be here forever and that whatever FUD they hear they shouldn't start panic selling. By stability I mean constant rising but at very slow pace. Merchants will not be against such "stability" for sure and they will start accepting BTC more and more. The rising is inevitable because Bitcoin adoption is still in its early stage. And when every internet user(or most of them) will be having a fraction of BTC they want there will be not many new buyers every week and than the price can stabilize eventually.
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 you’re really right about this, especially on the rate of volatility. Yes, the price is always going up after a fall, but there are still people who are afraid of investing in Bitcoin because the price is highly volatile, just like some of my friends. There are lots of investors who wouldn’t consider Bitcoin due to its rate of volatility, though some of them will always see it as an opportunity to do money laundering, pumping and dumping the price. There are lots of things that needs to be worked on to make this business as one of the best.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.?
Stability is very important because it will be the balance of bitcoin, for now it is difficult for bitcoin to have a stable value because the value of bitcoin is unstable, maybe in the future bitcoin value will be more stable.
It is very important to us the stability of bitcoin as a user of it.
Because some bigtime investors are depending to its stable price so if the value of btc will become stable more investors are willing or take interest to invest more.
Bitcoin stability is important and although the instability is not so important on the other hand. The stability is necessary and allows the time of thinking for investors to make right decisions according to the market. The stability is not important as for those who can not afford to invest in Bitcoin then the unstable price provides them with the opportunity to buy the coins at low price.Because some bigtime investors are depending to its stable price so if the value of btc will become stable more investors are willing or take interest to invest more.
It is very important to us the stability of bitcoin as a user of it.
Because some bigtime investors are depending to its stable price so if the value of btc will become stable more investors are willing or take interest to invest more.
Bitcoin stability is important and although the instability is not so important on the other hand. The stability is necessary and allows the time of thinking for investors to make right decisions according to the market. The stability is not important as for those who can not afford to invest in Bitcoin then the unstable price provides them with the opportunity to buy the coins at low price. Because some bigtime investors are depending to its stable price so if the value of btc will become stable more investors are willing or take interest to invest more.
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.
For it is yes and not that much. Bitcoin stable price is both important and unimportant. When price gets stable it is good for the investors because many will invest in bitcoin. And it is bad for traders because they cant buy coins in low price if bitcoin have a fixed value.
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