Will Bitcoin's price stabilize someday?

Sayeds56

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Quote from: Abiky on April 08, 2022, 04:27:13 PM

Bitcoin has achieved a lot nearly 13 years since its inception. Ever since mainstream adoption skyrocketed like crazy, prices have never been the same as they were before. As it's been proven over time, Bitcoin outperforms Gold, Silver, and nearly every other asset on Earth. Despite widespread adoption of Bitcoin by mainstream businesses, companies, and governments alike, prices relative to Fiat haven't stabilized yet. It's something that I find odd, since institutional investors are already in the game. Not only that but some ETFs have been approved by the SEC. If Gold's price is relatively stable, why can't Bitcoin be the same?

Why do you think Bitcoin's price hasn't stabilized yet? Is there a possibility they will stabilize in the future? Your input will be greatly appreciated. Thanks in advance.

There is no straight answer to your question because historically Bitcoin has been very volatile since it was launched but I believe it will stabilize when its marketcap will increase to the level of Gold or stock market. Then it will become difficult for whales to manipulate because its investment base will be broadened. Though current volatility in Bitcoin price is main hurdle to adopt it as method payment but for long term investors it is an opportunity to buy low and sell high and book huge gains.

Reatim

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Quote from: Wong Gendheng on June 07, 2022, 11:48:30 PM

I think bitcoin will never be stable, if the market cap rises more than 100x from now then fluctuations will continue to occur, there are always those who spread FUDs so there will always be panic and sell bitcoins, and I think this is what gives us the opportunity to profit, if it is stable Of course it will not be of interest to traders, especially now that there are many stable coins.

and how can be a volatile currency turns stable ? so the concept of crypto will gone then ? maybe stabilization will come once the all Bitcoin mined and when all legit altcoin turns valuable and usable as how Bitcoin does.
but for now? we will remain as this that the value will keep up and down and will be moving upward when bullish and downward when Bearish.
we have seen this many times so there is no way that we will still expect this to happen.

Oasisman

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Quote from: skarais on May 26, 2022, 11:04:27 AM

The price of bitcoin will not be stable, but it may not be as volatile as it is now. Adoption should be the reason why bitcoin price volatility may decrease in the future, but it seems the government is more concerned with CBDCs than bitcoin adoption.

So far, bitcoin is more dominantly traded than used as a means of payment. If one day this condition can change then I'm pretty sure the price of bitcoin is much more stable than now, especially if the use case as a currency is more dominant.

Bitcoin is dominantly considered as a store of value, there might only be a small percentage where some people are trading their Btc, but mostly it is being held for a long term profit.
If Bitcoin will be used as a currency more than what it is today, volatility might be minimized. However, even If all Btc is mined in the future, If we keep doing what we do with Btc today, volatility will never end, but who knows what will happen in the next 50-60 years most of us might not be here anymore to witness the next BTC evolution (whether or not it continues to be volatile).

Wong Gendheng

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I think bitcoin will never be stable, if the market cap rises more than 100x from now then fluctuations will continue to occur, there are always those who spread FUDs so there will always be panic and sell bitcoins, and I think this is what gives us the opportunity to profit, if it is stable Of course it will not be of interest to traders, especially now that there are many stable coins.

doomloop

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Quote from: palle11 on June 04, 2022, 12:53:24 PM

Although the reason we think manipulation are not coming frequently is that the market is now getting a little matured. Back in the days even things as unrealistic as Facebook building libera coin was manipulative to the market. The likes of McAfee manipulated the market. So I think that what has happened now is that more awareness and hodlers have been built into the market. Regarding to manipulation, it is really taking a downslide but volatility will continue because bitcoin is not regulated.

It's not the market that are now matured but it was the people (their thinking) they don't act like a kid anymore that got disappointed and cry wherever they see the price falling or whenever there is a negative news. They are now calm and they know that it was an opportunity. Facebook's plan to build a stable coin is not unrealistic.

It is not different to other projects but that scared the hell of us because we think it can affect btc and other existing cryptos. Good thing it was postponed. Mcafee didn't manipulate the market but he was only spreading fuds but he was not successful with his motive. Manipulation has a good side as long as you know how to react with it and about volatility, I also think it will remain and it is a good thing.

palle11

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Quote from: KennyR on May 30, 2022, 05:53:09 PM

The market moves were much associated with the demand to supply and not like the traditional market that have got different parameters. Being speculative the market at times gets manipulated. In the past Whales used to manipulate the market with negative news creating panic among the users.

People are always emotional when it comes to money. In recent days influencers were able to make movements in the market. Slowly this has been changing and people have understood the real market. Nowadays the market isn't that reactive to panic waves as well as influencers like Elon Musk.

Although the reason we think manipulation are not coming frequently is that the market is now getting a little matured. Back in the days even things as unrealistic as Facebook building libera coin was manipulative to the market. The likes of McAfee manipulated the market. So I think that what has happened now is that more awareness and hodlers have been built into the market. Regarding to manipulation, it is really taking a downslide but volatility will continue because bitcoin is not regulated.

milewilda

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Quote from: Sir Legend on May 28, 2022, 11:35:28 PM

If bitcoin is stable it will be worthless, the thing that makes bitcoin grow rapidly is because of decentralization, namely everyone makes speculation for profit, when prices are stable there is no hope for investors to profit, especially now that there are more and more payment systems that have a strong reputation such as paypal.

It would really be indeed useless because if it do moves like a stable coin then for sure the community would leave since they could'nt able to make money or profits due to volatility.
We cant really deny the fact that volatility is one of the reasons on why people do really stick into it plus having that assurance since its the main coin that had been supported by the community
which means volume and liquidity is really there. Stabilization kind of hope is really just good to those stablecoins but for bitcoin? It cant really be possible where its
price will really be always having that volatile kind of characteristics.

KennyR

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The market moves were much associated with the demand to supply and not like the traditional market that have got different parameters. Being speculative the market at times gets manipulated. In the past Whales used to manipulate the market with negative news creating panic among the users.

People are always emotional when it comes to money. In recent days influencers were able to make movements in the market. Slowly this has been changing and people have understood the real market. Nowadays the market isn't that reactive to panic waves as well as influencers like Elon Musk.

Sir Legend

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If bitcoin is stable it will be worthless, the thing that makes bitcoin grow rapidly is because of decentralization, namely everyone makes speculation for profit, when prices are stable there is no hope for investors to profit, especially now that there are more and more payment systems that have a strong reputation such as paypal.

Mahanton

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Quote from: fortuner on May 27, 2022, 05:47:30 AM

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If bitcoin users continue to increase like what happened in 2021 then price fluctuations will be smaller, the biggest problem that makes bitcoin too volatile is the market cap is still small and many millionaires are easy to control the price, as happened in 2021 when Elon Musk actively invests in bitcoin and make the market impact move positively.

Don't be afraid because bitcoin users will continue to grow even though Elon Musk is not very active in buying bitcoins but I'm sure people will continue to believe and will continue to buy bitcoins.
After this storm ends, see how the expected changes will occur in the price of bitcoin and it is certain that bitcoin will rise and fly back to the moon.

Honestly,we don't need Elon and the market isn't really revolving only with these whales or billionaires although they could give out some significant impact in the market but won't be totally 100% relying on it but in speaking with Bitcoin potential then this is something that can't really be ignored but don't expect for that stability because as long there are buyers and sellers in the market then price would be always moving.

fortuner

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If bitcoin users continue to increase like what happened in 2021 then price fluctuations will be smaller, the biggest problem that makes bitcoin too volatile is the market cap is still small and many millionaires are easy to control the price, as happened in 2021 when Elon Musk actively invests in bitcoin and make the market impact move positively.

Don't be afraid because bitcoin users will continue to grow even though Elon Musk is not very active in buying bitcoins but I'm sure people will continue to believe and will continue to buy bitcoins.
After this storm ends, see how the expected changes will occur in the price of bitcoin and it is certain that bitcoin will rise and fly back to the moon.

Falconer

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Further adoption will not change volatility. Because the price volatility of bitcoin is heavily influenced by derivatives markets. And this area is constantly growing and, as a result, the impact on volatility will only increase.

So do you think that as bitcoin adoption increases, its volatility also increases?
I think it's good to expect lower volatility and more stable prices when more users and big businesses are willing to adopt it. I mean big business has a very significant impact on the larger bitcoin economic growth later so volatility is more limited. That is something that can be considered as a good possibility for bitcoin, so the greater adoption and massive growth of the bitcoin economy would greatly favor less volatility.

I agree that bitcoin is still the most asset for long-term investment compared to being used as a means of payment. That may be an interesting fact, but fortunately things will continue to shift as adoption and legality increase in many countries. I hope so.

skarais

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The price of bitcoin will not be stable, but it may not be as volatile as it is now. Adoption should be the reason why bitcoin price volatility may decrease in the future, but it seems the government is more concerned with CBDCs than bitcoin adoption.

So far, bitcoin is more dominantly traded than used as a means of payment. If one day this condition can change then I'm pretty sure the price of bitcoin is much more stable than now, especially if the use case as a currency is more dominant.

istiak2277

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Quote from: tygeade on May 26, 2022, 02:20:10 AM

Quote from: istiak2277 on May 25, 2022, 11:05:46 AM

There is something that we need to stabilize something, and that is the ability to inflow or outflow from the supply. BTC doesn't have this option because it has a fixed supply. If BTC can keep investors in, then the obvious way it will go is up. The fluctuation we saw is normal because everybody will book their ROI profits. That's how business works but in the long run, BTC will climb only upwards because its supply from the circulation will be reduced fast.

The fact that there is an inflation in the fiat world is the main reason why bitcoin will always keep going up. Even if the purchasing of the bitcoins power stays the same, the price of bitcoin will go on in the long run.

Like if 1 bitcoin could buy you X item and it is 30k dollars, then in 10 years bitcoin could be 250k dollars and still buy that X item, whereas someone who has 30k dollars and just put it interest in a bank account then they will not have 250k in 10 years, not even hedge funds would give that probably. Hence inflation would mean that even if the price of bitcoin is still the same purchasing power, it will be going up in fiat.

So you are saying the price increase of BTC is because of the inflation in USD only? Do you think the PPP of BTC didn't change at all? Please look at the charts here. You will see how the PPP of bitcoin is on the rise against the USD. It is going up in fiat not only because there is inflation but also because cash is inflowing in the bitcoin market and supply is reducing as more investors are holding BTC in their wallet.

tygeade

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Quote from: istiak2277 on May 25, 2022, 11:05:46 AM

There is something that we need to stabilize something, and that is the ability to inflow or outflow from the supply. BTC doesn't have this option because it has a fixed supply. If BTC can keep investors in, then the obvious way it will go is up. The fluctuation we saw is normal because everybody will book their ROI profits. That's how business works but in the long run, BTC will climb only upwards because its supply from the circulation will be reduced fast.

The fact that there is an inflation in the fiat world is the main reason why bitcoin will always keep going up. Even if the purchasing of the bitcoins power stays the same, the price of bitcoin will go on in the long run.

Like if 1 bitcoin could buy you X item and it is 30k dollars, then in 10 years bitcoin could be 250k dollars and still buy that X item, whereas someone who has 30k dollars and just put it interest in a bank account then they will not have 250k in 10 years, not even hedge funds would give that probably. Hence inflation would mean that even if the price of bitcoin is still the same purchasing power, it will be going up in fiat.

istiak2277

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Quote from: Abiky on April 08, 2022, 04:27:13 PM

Bitcoin has achieved a lot nearly 13 years since its inception. Ever since mainstream adoption skyrocketed like crazy, prices have never been the same as they were before. As it's been proven over time, Bitcoin outperforms Gold, Silver, and nearly every other asset on Earth. Despite widespread adoption of Bitcoin by mainstream businesses, companies, and governments alike, prices relative to Fiat haven't stabilized yet. It's something that I find odd, since institutional investors are already in the game. Not only that but some ETFs have been approved by the SEC. If Gold's price is relatively stable, why can't Bitcoin be the same?

Why do you think Bitcoin's price hasn't stabilized yet? Is there a possibility they will stabilize in the future? Your input will be greatly appreciated. Thanks in advance.

There is something that we need to stabilize something, and that is the ability to inflow or outflow from the supply. BTC doesn't have this option because it has a fixed supply. If BTC can keep investors in, then the obvious way it will go is up. The fluctuation we saw is normal because everybody will book their ROI profits. That's how business works but in the long run, BTC will climb only upwards because its supply from the circulation will be reduced fast.

Abiky

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Quote from: romero121 on May 23, 2022, 06:27:56 PM

Being volatile is the attraction of bitcoin, but everyone won't be loving it. For now it won't stabilize, because the market needs to experience a massive change. Countries are continuing their process of regulating the usage of cryptocurrencies. This could make changes in the long term. The recent government to show full fledged effort on regulating cryptocurrency is Australia’s newly-elected Prime Minister Anthony Albanese. Same as him when more countries create regulatory framework the market will stabilize, but the network function like a centralized system.

You've said it yourself. Bitcoin needs a massive change for prices to stabilize in the long term. But there will still be some level of volatility because it's traded on the open market. Just like Gold, there will be ups and downs within certain periods of time. If you really want to avoid volatility, then I see no other choice than relying on centralized stablecoins for peace of mind.

I'd steer clear from algorithmic stablecoins like UST and USDN because they're easily prone to lose their peg over time. What ultimately matters is Bitcoin's usefulness as a currency. So far, it's been doing well after all these years so prices are the least reason to worry about. As long as you don't invest more than what you can't afford to lose, you'd be on a road towards non-stop financial success. Just my thoughts Grin

fzkto

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Bitcoin will only become stable when it becomes a globally recognised currency. For that to happen, it needs to become the number 1 main currency, which is simply to replace the dollar. For that to happen, all countries need to switch to bitcoin. I think that will never happen and it remains a speculative asset forever, like gold or stocks.

Pejoh Asu

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Although many people hope that the price of Bitcoin is more stable, but in my opinion this actually makes the attraction of Bitcoin will disappear, the interesting thing from Bitcoin is fluctuating because people want to get big profits and in a short time, besides that because bitcoin is decentralization will certainly be difficult to be stable Because there are always those who sell or buy.

dvj33

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Quote from: btc78 on May 24, 2022, 02:30:32 AM

Quote from: Abiky on April 08, 2022, 04:27:13 PM

Bitcoin has achieved a lot nearly 13 years since its inception. Ever since mainstream adoption skyrocketed like crazy, prices have never been the same as they were before. As it's been proven over time, Bitcoin outperforms Gold, Silver, and nearly every other asset on Earth. Despite widespread adoption of Bitcoin by mainstream businesses, companies, and governments alike, prices relative to Fiat haven't stabilized yet. It's something that I find odd, since institutional investors are already in the game. Not only that but some ETFs have been approved by the SEC. If Gold's price is relatively stable, why can't Bitcoin be the same?

Why do you think Bitcoin's price hasn't stabilized yet? Is there a possibility they will stabilize in the future? Your input will be greatly appreciated. Thanks in advance.

Is there really a chance that Bitcoin will be stable? i mean even if all the bitcoin had already mined?

I don't think it will happen mate because the chance like this is not part of Volatile currency specially bitcoin?

Though no one knows what will come , and hopefully ? it will never come lol.

When will all the bitcoin be mined?

Topic: Will Bitcoin's price stabilize someday? (Read 1233 times)