Topic: Will bitcoin stay relatively stable and become a stablecoin? - page 3. (Read 797 times)
No it will not happen if bitcoin is stable means there is no use to invest in it. This volatility is normally happens in the market we cannot judge with that. Now the price of bitcoin is struggling to move next position, it will clear soon. No once market correction done bitcoin returns to its growth. Till that we have to wait patience. So don't judge bitcoin with current market price.
Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.
There is no currency that is completely stable and that means we should not expect absolutely stability in cryptocurrencies and bitcoin's pricing. I come to understand of recent that USD from inception has not be stable and it has been going against or for any other coins in pricing. I believe that bitcoin in some days to come we would have some stability and 2019 the volatility is going to resume again.
Bitcoin is volatile and the current bitcoins value is just temporarily stable. BTC at the moment found itself at the support zone and at a time surprise it holders of it potentials to soar higher in the future. BTC is not relatively stable and cannot become a stablecoin.
In my own opinion regarding this matter either bitcoin will stay relatively stable and become a stablecoin, all I can say is that bitcoin has a very volatile market value and no one really knows if when bitcoin will ever go up its market value again and same as no one knows if when it's market values go down once more.
Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.
There is no currency that is completely stable and that means we should not expect absolutely stability in cryptocurrencies and bitcoin's pricing. I come to understand of recent that USD from inception has not be stable and it has been going against or for any other coins in pricing. I believe that bitcoin in some days to come we would have some stability and 2019 the volatility is going to resume again.
I believe bitcoin’s volatility will decrease as popularity of bitcoin (more holders) grows. Also, If in the future, the prices of products/goods are pegged only on crypto currency then the fluctuations will stop.
Bitcoin's price has been fairly stable for some time but that doesn't necessarily mean that bitcoin will eventually become a stablecoin. It is only temporary. Bitcoin may appear stable for a time but its volatility can't be ignored.
As the base coin, it's a possibility. As bitcoin is the highest investing coin and the most renowned too, it got the better products under it and thus the profits are kinda consistent. So it might become a stable coin.
The question is what good will it bring if the price of bitcoin becomes stable? More people will start using it? I don't think so. It's been playing around the same price the part months, still only few people are being attracted towards it. Businesses will start accepting bitcoin as payment? Maybe. Maybe not.
If it doesn't help anyone, why do we need this? Think of BTC as a USDT, it will only help to keep the money you earn and also the stability of Bitcoin will already result in slower movement of prices. Stability is not a reason for acceptance and the reason why governments do not accept Bitcoin is not due to price volatility. These are just a guess and the future will show us what will happen.
Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.
But this can take many years to happen, I even venture to say that it could take more than 20 years for the price of bitcoin to become very stable. bitcoin is limited and still there are many people who do not know bitcoin and do not have bitcoin, so as more people are entering the world of bitcoin we will always see this volatility that we are already accustomed to.
This year alone has proven that bitcoin can easily be a stablecoin ,comevto think of it upon all the bad news from left and right this year as its still standing strong at 6k plus ,the result is impressive
this year we did not have much demand probably caused by regulations and the fear that people are having to lose money because they saw the price drop from $ 20,000 to $ 6,000
Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.
For me, Bitcoin would not be stable because its nature to be volatile and we can not change it. I do not think in the future it will be stable because it has a reason why it is volatile and we can not predict when it will be rise or dosn again. Stability of bitcoin is a long discussion for all of us, for sure some are going to against and some are going to agree. Well, let we see in the future of it will stable or not.
This year alone has proven that bitcoin can easily be a stablecoin ,comevto think of it upon all the bad news from left and right this year as its still standing strong at 6k plus ,the result is impressive
for us the price of bitcoin is now also less stable, but I think at the end of the year it's likely that the price of bitcoin will rise again. because now the development of bitcoin prices is also increasing
One day, it might going to happen, we can see, that the volatility is not that enormous as some years ago. Maybe, what we experienced in the last 1-2 weeks, will be general in the future. But it surely takes time.
I am very hopeful that bitcoin will still become a stablecoin for how many years to come. In fact, bitcoin has a good and relevant asset we could resemble as we are able to invest or buy. And maybe it takes a long period of time before we could determine its stability, as the market price are grown steadily.
I guess you have been into memes on social media platforms and found it funny. Bitcoin won't become a stable coin, just because it is relatively stable at $6,300 - $6,500 it doesn't mean that it will change to a stable coin like USDC, USDT(not anymore).
It was $6,500 few hours ago and now it dips again went low to $6,300 so that answers your question.
It was $6,500 few hours ago and now it dips again went low to $6,300 so that answers your question.
It is right that what we see on market about bitcoin price doesn't mean the price is stable because principally Bitcoin and other major Crypto currency are volatile. Thus, do not think that is will be stable in in future. Indeed, for several recent months there is no significant movements of Bitcoin price.
you have to first ask the question about why the price of bitcoin is volatile now so that we can find the reason then afterwards try to determine whether this reason can go away or not.
in my opinion the biggest reason is the fact that bitcoin is being adopted and is on rout to mass adoption and also it is because of the fact that the exchanges which are determining the price are pretty small and that makes the swings that much bigger.
in my opinion the biggest reason is the fact that bitcoin is being adopted and is on rout to mass adoption and also it is because of the fact that the exchanges which are determining the price are pretty small and that makes the swings that much bigger.
One day, it might going to happen, we can see, that the volatility is not that enormous as some years ago. Maybe, what we experienced in the last 1-2 weeks, will be general in the future. But it surely takes time.
As far as I'm concerned , The price of bitcoin base on law of supply and demand . It is impossible that the demand and supply is unchanged, hence bitcoin will not stay stable
Bitcoin will be volatile as the demand increase BTC prices keep increasing it is very difficult to expect stable coins staus for bitcoin price keep fluctuating
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