Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.
It could be possible once bitcoin has been adopted by a significant amount of people around the world, but what we're seeing now is nothing more but a phase that is transitory, we are seeing the price of bitcoin being more stable than normal just because people are afraid to invest in it, but as you can see it seems the volatility is coming back to the market because the price of bitcoin has gone down 9% in less than 24 hours.
Topic: Will bitcoin stay relatively stable and become a stablecoin? (Read 796 times)
Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.
It could be possible once bitcoin has been adopted by a significant amount of people around the world, but what we're seeing now is nothing more but a phase that is transitory, we are seeing the price of bitcoin being more stable than normal just because people are afraid to invest in it, but as you can see it seems the volatility is coming back to the market because the price of bitcoin has gone down 9% in less than 24 hours.
I am very optimistic that one day bitcoin will become a stable coin. And it can be use like fiat money in the future. As we all know there are some businesses that accept bitcoin. So in the future bitcoin will be more stable.
Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.
It could be possible once bitcoin has been adopted by a significant amount of people around the world, but what we're seeing now is nothing more but a phase that is transitory, we are seeing the price of bitcoin being more stable than normal just because people are afraid to invest in it, but as you can see it seems the volatility is coming back to the market because the price of bitcoin has gone down 9% in less than 24 hours.Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.
It could be possible once bitcoin has been adopted by a significant amount of people around the world, but what we're seeing now is nothing more but a phase that is transitory, we are seeing the price of bitcoin being more stable than normal just because people are afraid to invest in it, but as you can see it seems the volatility is coming back to the market because the price of bitcoin has gone down 9% in less than 24 hours. 
Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.
Yes, there is a possibility that that would happen because when there are so many people who would bitcoin and merchants would adopt it as payment option then the vision of Satoshi making bitcoin as a currency would come true since the people would make use of it more as a currency than an investment because its price would not fluctuating as what is happening now. Maybe people then would focus on speculating more on altcoins than bitcoin for speculation purposes.
In my opinion, BItcoin will soon get to that "stable" state soon. We cannot really control how bitcoin will turn out for the coming years but as for the trend and how it turned up when it hit the moon, I think it will be a downward spiral from here on. Maybe BTC will be in steady at $6400 rate (as it is showing this past months). We cannot deny that there are a lot of coins that can replace BTC. Most investors now are thinking of investing into these coins because it is noticeable that BTC is propagated with whales.
Simple definition of STABLE!
a : firmly established : FIXED, STEADFAST
stable opinions
b : not changing or fluctuating : UNVARYING
in stable condition
c : PERMANENT, ENDURING
And Bitcoin would never ever come to be stable! maybe on less volatility but wont really come to this point.
a : firmly established : FIXED, STEADFAST
stable opinions
b : not changing or fluctuating : UNVARYING
in stable condition
c : PERMANENT, ENDURING
And Bitcoin would never ever come to be stable! maybe on less volatility but wont really come to this point.
Quote
I believe it would be possible when total funds are huge enough.
I think that a lot of people here are misunderstanding what you mean by a stablecoin. I think what you mean is simply reduced fluctuation within bitcoin which is obviously very possible in the future with more adoption and larger market cap.
The whole reason why bitcoin is so volatile right now as opposed to something like gold which is quite similar in nature is because the markets are not yet fully mature and the market capitalisation is still extremely small compared to traditional precious metals, which is small themselves in the grand scheme of things. Investment and adoption into the bitcoin technology will definitely lead to more short term stability.
But BTC will never be truly stable relative to fiat. That's just what you get with decentralised money. Obviously, it would be a different story if merchants in the future start to price everything directly in BTC.
As we see for what price of bitcoin was this and last month bitcoin was in range 6000-7000$ and not so much fluctuation, but i think bitcoin can will always have fluctuation because is not a government coin, is not fiat money, and we should take as it is, and why not make some profit if possible.
Bitcoin prices will never be stable Bitcoin will always have price movements up and down depending on demand and bitcoin will be very difficult to predict so that the condition of the price of bitcoin does not have a definite price movement because it cannot be predicted.
Bitcoin is a decentralized one so it is not maintain a constant value. But we have some prediction this will raise or fall in future so some peoples are think about it was not stable in anytime.I think we have clearly say it is stay in 6k to 7k for this month and month assumption is different from each other so stable market is depends on regulation and centralisation of Bitcoin.
Bitcoin prices will never be stable Bitcoin will always have price movements up and down depending on demand and bitcoin will be very difficult to predict so that the condition of the price of bitcoin does not have a definite price movement because it cannot be predicted.
it seems that there will never be a coin that can be stable, everything must have an up and down price movement which will be influenced by a very high demand, so a stable coin will show that the coin has no good development.
of course there is , do you here about usdt ? that is a stable coin and that is under on crypto category . being stable doesnt mean that a coin has no development , sure it is still being develop but its just doesnt have a volatile nature just like what we have on cryptocurrencies such as bitcoin , eth , bch , etc .
speaking of bitcoin , bitcoin is experiencing a stability right now because its value isnt moving for a long time although this might change verry soon .
There are stable coins tied to the USD but not bitcoins. Bitcoin can't be a stable coin due to its limited supply.As the supply is limited and the demand keeps increasing or decreasing, it will be the major factor in price determination.
Stability is what we actually need for public adoptions and I don't think we would achieved that now that bitcoin and others cryptocurrencies are still at the early stages. There is no way bitcoin bitcoin will get stable now as a currency but I believe in future when governments and financial institutions come in we should be able to achieve those stability.
Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.
It's unpredictable being a decentralized currency and we have no assurance that those dumpers will not longer exist or had left on this technology. Bitcoin will still moves in a volatile trend that depends on supply and demand of bitcoin around the world. Indeed I'm not expecting this to become a stable coin. it seems that there will never be a coin that can be stable, everything must have an up and down price movement which will be influenced by a very high demand, so a stable coin will show that the coin has no good development.
You know the price changes up and down, fast or slow ts depending on certain conditions, such as news, political conditions about cryptocureency, current trends and so on. that means it will not forever the price of bitcoin to be stable, prices can be volatile and can be slow, depending on current conditions. if in a fiat currency stable is said to be a strong currency, what about bitcoin?
Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.
I believe it won’t become a stable coin,bitcoin has only small volume to circulate the market,and theres a thread I’ve read that 7million bitcoin have gon thru air already and only fewer are to be mined,meaning in sooner time this will be extinct.for that same reason the value of bitcoin will sure go higher and higher in future.this means nothing to become stableHowever, this does not make the market a stable coin, because it is a decentralized market and it is not controlled based on some physical backed asset, and in that case, there will always keep being some level of volatility and even if it reduces in the long run, it would just be less and not totally become stable.
Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.
I believe it won’t become a stable coin,bitcoin has only small volume to circulate the market,and theres a thread I’ve read that 7million bitcoin have gon thru air already and only fewer are to be mined,meaning in sooner time this will be extinct.for that same reason the value of bitcoin will sure go higher and higher in future.this means nothing to become stable
it seems that there will never be a coin that can be stable, everything must have an up and down price movement which will be influenced by a very high demand, so a stable coin will show that the coin has no good development.
of course there is , do you here about usdt ? that is a stable coin and that is under on crypto category . being stable doesnt mean that a coin has no development , sure it is still being develop but its just doesnt have a volatile nature just like what we have on cryptocurrencies such as bitcoin , eth , bch , etc .
speaking of bitcoin , bitcoin is experiencing a stability right now because its value isnt moving for a long time although this might change verry soon .
Well, if you want to be technical, tether isn't stable, it is just pegged to the price of the USD and that has a value that fluctuates up and down just like everything does. In reality absolutely nothing has a stable price. Unless there's some weird example I'm neglecting to think of.
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