Will Bitcoin's price stabilize someday? - page 4.

Hamphser

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Quote from: dataispower on April 20, 2022, 03:22:54 PM

Quote from: ?? on ??

Bitcoin will not be stable bitcoin is different from gold or fiat, gold and fiat there are those who control it but if bitcoin no one can control it because bitcoin is free and many whales hold bitcoin.

holding bitcoin is not what can make it not be stable or be stable, the thing that make bitcoin can't be stable is that it is not centralized that is being centered. Bitcoin is a decentralized currency and the values appreciates do to the market speculation.And since it has being launched, and it keeps having trafficking compare to Gold, cryptocurrency inflation is different from gold and Fiat currency inflation and influence.

Its totally comparable when it comes to movement of its value or price compared to other traditional investments or assets that we do know and also we wont really becoming this big if its really having that stabilize like

kind of movement.When it comes to risk in return then we are pretty aware of that but still people do really love to take risk since they do know that they could potentially earn big profits in a short
time if ever they had made out some right decision on accumulating while its still cheap.So its a personal preference whether you would be touching it or not.

Gyfts

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

Despite widespread adoption of Bitcoin by mainstream businesses, companies, and governments alike, prices relative to Fiat haven't stabilized yet.

This is the issue, Bitcoin's price hasn't stabilized because it hasn't been mass adopted yet. There's a general acceptance by most people that crypto's serve some sort of role, but when you ask people if they're involved in crypto for day-to-day use, they'll tell you no. People are using Bitcoin as an investment oppose to an actual currency, if they use crypto currency at all, so we're not at the point of mass adoption. I consider mass adoption to be the point when Bitcoin acts as the world's reserve currency, toppling USD. Perhaps a big goal, but not unrealistic if you've seen how other currencies are operating at the moment. Once true mass adoption occurs, then the price stabilizes.

dataispower

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Quote from: ?? on ??

Bitcoin will not be stable bitcoin is different from gold or fiat, gold and fiat there are those who control it but if bitcoin no one can control it because bitcoin is free and many whales hold bitcoin.

holding bitcoin is not what can make it not be stable or be stable, the thing that make bitcoin can't be stable is that it is not centralized that is being centered. Bitcoin is a decentralized currency and the values appreciates do to the market speculation.And since it has being launched, and it keeps having trafficking compare to Gold, cryptocurrency inflation is different from gold and Fiat currency inflation and influence.

bitcrystal

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Although it can attain some level of stability but it's not even this time because so many factors are influencing its price in and out. Some stability it wil attain will mean that volatility would have reduced alot. Many are here today because of this high volatility which also influences profit making. Going forward we will definitely have more development that will likely balance things up.

wiss19

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I think it would get to a stage where it’s something close to stabilization. But, I don’t believe that there is going to be full stabilization, no currency can he hundred percent stable, they all fluctuates to an extent. Even fiat is not stable, sometimes it’s being hit by inflation and the value either goes down or up due to one reason or the other.

So, Bitcoin is not going to be fully stable to the extent of tagging along with fiat, no that won’t happen.
If you have compared how volatile the price was in the years back and now, there is a big difference. As time goes on it will be less more volatile and wouldn’t fluctuate too much.

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Quote from: Quickset on April 20, 2022, 02:25:31 AM

For long-term investors, price stability might be an ideal situation. But if you ask about the traders, I am quite sure that they will be enjoying these price fluctuations. For them, bitcoin stability would come up as a challenge to survive.

Even as a long term investor, if bitcoin becomes stable I don't think anyone will invest in bitcoin anymore. Whether day traders or long term investors, all want to make money from the market and if bitcoin becomes stable and not profitable anymore they will leave. Bitcoin volatility is the characteristic of the crypto market, so it will be boring when it is no longer volatile.

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Quote from: rodskee on April 20, 2022, 05:27:44 AM

Quote from: TheNineClub on April 20, 2022, 05:12:31 AM

Of course, it can and it has that possibility, however, it can only do that after it makes some adjustments to how it works right now. Specifically, I'm guessing it will have to give ground on some of its (and users') privacy and decentralization. I don't see it working any other way. It can be done, but the core concepts of Bitcoin will have to be rethought

I never thought that Bitcoin price will even stabilized mate , Imagine that volatility will be stabilized ? is there really a chance ? i don't think so , instead the value will keep on hyping and dumping.
though In time when all the bitcoin being mined? then there might be some changes as the stock will be finally in market and the investors and users may evaluate how and why the value should literally go in different ways.

Indeed, it was hopeless to see. Even the government can't make it stop, the volatility of the market remains as it was. Let's say this is going to happen (stabilized), people were leaving as the truth is that this makes crypto become known and it gives curiosity to many. And besides, people had made their choice of Bitcoin investment because of its volatility that can help them become profitable.

Never had the chance and I never felt it was bad. Honestly, people are too happy with such trends, up and down.

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Quote from: TheNineClub on April 20, 2022, 05:12:31 AM

Of course, it can and it has that possibility, however, it can only do that after it makes some adjustments to how it works right now. Specifically, I'm guessing it will have to give ground on some of its (and users') privacy and decentralization. I don't see it working any other way. It can be done, but the core concepts of Bitcoin will have to be rethought

I never thought that Bitcoin price will even stabilized mate , Imagine that volatility will be stabilized ? is there really a chance ? i don't think so , instead the value will keep on hyping and dumping.
though In time when all the bitcoin being mined? then there might be some changes as the stock will be finally in market and the investors and users may evaluate how and why the value should literally go in different ways.

TheNineClub

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Of course, it can and it has that possibility, however, it can only do that after it makes some adjustments to how it works right now. Specifically, I'm guessing it will have to give ground on some of its (and users') privacy and decentralization. I don't see it working any other way. It can be done, but the core concepts of Bitcoin will have to be rethought

Quickset

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For long-term investors, price stability might be an ideal situation. But if you ask about the traders, I am quite sure that they will be enjoying these price fluctuations. For them, bitcoin stability would come up as a challenge to survive.

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Quote from: jackg on April 08, 2022, 04:35:18 PM

Gold hasn't really stabilised much, if you check it from say 2014 I think it's been on a rally itself (from what I remember prices being).

Bitcoin will probably stabilise when it is no longer considered an emerging piece of technology and considered less interesting (I don't think this'll happen for maybe a few decades as long as blockchains continue to be developed and developers offer new solutions on these chains - ie continued creation of smart contracts).

Even if bitcoins price wanted to stabilise soon, a craze like nfts or anything else that has been hyped on the eth chains (dexes and ICOs for example) could send the price shooting again.

Comparatively though gold has stabilized much more so than Bitcoin has, of course it’s been around a heck of a lot longer and used as a currency for much longer. (However I don’t even like comparing the two).

OP- 12/13 years is absolutely nothing in the gran scheme of things. This is going to take time, Rome wasn’t built in a day applies here.

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Why do you think Bitcoin's price hasn't stabilized yet? Is there a possibility they will stabilize in the future?

If the more well-known traditional currencies like the dollar and the euro don't keep their values stable, I don't think Bitcoin will. This virtual currency is decentralized, which means that it is not managed by any government authority, and depends exclusively on supply and demand, the more people who want to acquire it, the more value it will obtain for what it self, if it becomes more recognized and taken for the rest of the world it will reach much higher levels, so it will always maintain a certain variation, either very evident or controlled.

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

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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.

Even in the stock market that they are less volatile, they'll not even be stabilized how much more in crypto where it was known for its volatility nature. We can never expect this thing to happen, not I imagine that even let's say that it turns centralized. Once there is buying and selling, changes in demand and supply make prices move up and down as well which is an uncontrollable matter.

I know we can't tell the future of crypto but this is really the thing to happen and that being volatile remains forever. In fact, this is the reason why many have got an interest in crypto.

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stable in the sense that the price or value. is very unlikely to happen because even gold is not as stable as the OP thinks it's just that bitcoin is more volatile than gold, if bitcoin will be smaller in supply circulating the price will increase the higher it is impossible to be stable in any sense and this why is it the reason i kept it for years

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Quote from: xSkylarx on April 18, 2022, 03:34:14 AM

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

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.

This is just my input. I think it will be stablized if all of the bitcoins are mined. Because that is the time the cycle is just selling and buying, but still it isn't insurance that it will be stabilized, but I think that is the time that the price jump is not that high or it will be a sideways market, dumping and pumping still present because that is the market, but if you compare it with forex or other currency, they are still not stabilized. It is playing with cents, so I think if you refer to stabilizing the price, it will happen when the bitcoin is all mined and I know we are all dead at that time.

There is no need to stabilize just because there is no more mined coins. I mean right now we are at a level where the volume is so high that the mined ones do not have any type of power at all. It is like a few million dollars whereas we are talking about billions of dollars market movements every single day.

This is why I believe that when all of it gets mined we are not going to end up with anything that would stabilize the current situation. I am not saying that we shouldn't be expecting bitcoin price to be stable ever in the future, it could happen but I guarantee you that the reason for it will not be this and there will be some other reason.

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

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I think there is nothing such as an asset whose price is stable or was stable, or even if I think it might be possible to be stable. If you mention gold, silver, or other physical assets, I don't think they are stable because of the demanding process. If we look into the previous market price of gold, then obviously today's price is not a stable position. And if we are talking about other assets like companies' shares whose prices are also not stable, and the coin bitcoin is more volatile than them, then how can we expect that the bitcoin price will be stable? I don't think so. It is possible. Well, it's entirely my obsession. Others can be different. Thank you.

Mahanton

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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.

Stability is something that it isnt possible with Bitcoin since from the beginning of time because demand and recognition does really change over time or over the years and if Bitcoin was stable then
not lots of people would really be interested on it because they cant really just make out some money or profits with very minimal movement thats why it cant really be possible
on having that thing.So dont expect about stabilization of its price because it wont happen because this isnt the behavior of a thing which would gain up much support.

BD Crypto

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The price of Bitcoin will not stabilize anyday because this currency isn't a stable currency.And Cryptocurrency has its value because of its demand and features. There are many stable crypto listed in exchanges like USDT,BUSD etc.

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Quote from: Mr.sprin on April 18, 2022, 03:50:41 AM

I dare say bitcoin will not be stable because many free bitcoins hold bitcoins and cannot be controlled, many whales hold bitcoins like elon musk he holds a lot of bitcoins and yesterday elon musk issued news he will sell bitcoins in large quantities and the market is almost affected by the news , this proves that bitcoin will not be stable.

Well, never heard of the news that Elon has plans of selling his coins, and if there was such news, I don’t think that it really had any effect on the market because for long now, after we reached the last all time high price of over $60,000, the market has been just at around $40,000 with a little movements to a below that price.

Recently, the market just repeated what it has been doing for long now which is drop to $38,000 and now back above $40,000. If Elon Musk does sell a huge amount of his Bitcoins, I don’t really know if it would affect the market that bad, if it does have any effect, it wouldn’t be anything much.

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I am very confident in the change in the price of bitcoin, even though currently bitcoin has slumped in the stock market in recent years.but we are also very confident that the price of bitcoin will return to stability, of course it will take a longer time or price changes in the long term considering the decline in bitcoin prices. It is also influenced by several factors.one of which is the condition of a country that is at war so that the price of bitcoin is also affected

Exactly, the price of bitcoin will return to stability any moment from now because the price has moved to $41,000 which is a sign that, bitcoin price will be stable through out the remaining months. Many people has used the opportunity to buy more of bitcoin when the price dropped down to $38,000 few days ago which the price will definitely increase higher and remain stabilize through out this season. The war that affected many countries economy negatively few months ago, also affected bitcoin price because the price was not too stable through out the war that was happening between Russian and Ukraine.

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