Topic: Will Bitcoin's price stabilize someday? - page 6. (Read 1234 times)

Will is the wrong question, but when. Any market that matures gains in stability. Just look at this current rally, how different it is from every other.

More importantly, not sure there's really anyone in the investment/speculation business who'd want it to be stable. Perhaps less volatility day to day, but they would definitely want it to continue in its upwards trajectory, and that would require some sacrifices to stability.

The reason why the price of bitcoin has not yet stabilize is because we are in the season of purchasing more bitcoin and hold for the season to pass before you can supply to market to make a good profit. Bitcoin price just dropped down from $57,000 to $40,000 few months ago, which is one of the reasons the price is not stabilize yet in the market. Definitely, the price of bitcoin will be stabilize in the future because the price is developing some signs people have been waiting to see, if truly the price will be stabilize in the future. Since the price has moved from $39,000 to $40,000, show that any moment from now the price will remain stabilize through out this year 2022.

I don’t get it why it’s so complicated to understand how Bitcoin works?
And yes why there is a debate required in order to find out when will bitcoin’s price will be stable?
It’s a simple fact that each and everyone can understand that, unlike assets, stocks, Gold, Bitcoins are also a digital asset.
And as there are a fixed amount of Bitcoins already been made, so the price increases when the demand is high and supply is less.
So it’s not possible anytime that Bitcoins will rest in a fixed price.
It’s a never ending quest for the miners and holders to keep bitcoins and this leads to the fluctuation of the prices.

And why will it be? do we really think that both of them are the same? I guess not really. I think gold is owned by a government and maybe this makes its value more stable. The only similarities between these two is that both are assets and a store of value.

Bitcoin on the other hand sometimes experience a stableness, like for example last time where its value stuck at the 40k range, I think that can be considered to as being stable and are you sure you really wanted bitcoin to become stable? but if that happens, how can you buy at lows or at the dips? There is no way bitcoin can be use for investments or for trades if that happens.

Can't see the future, but I'm also not sure if BTC will have a stable price. If you remember the relationship suply and deman and the law of purchase. The total supply in the market will be less and less while the need is predicted to increase then the price tends to rise. Therefore I think the price will still go up and down as needed by the market to make a profit. No one can regulate the crypto system, the government can only regulate the user.

Stabilization in Bitcoin is very difficult for me, in itself BTC is an asset that always maintains maximum volatility and is something that characterizes it, when there is a certain stability it is because there is a lot of uncertainty in the market, for me so that it can be stabilizing BTC is at a very high price where it is very difficult to fall, and I think I am talking about above $150k, the reason is simple, when BTC reached $20k it fell to almost $2k, then it rose to almost $70k has remained at a level above $30-$40k, in 2017 we imagined such a price, but neither the market nor the people were prepared, now at this time it is feasible to talk about more money because absolutely everything the world has to accept the existence of btc, even for governments and banks.

Bitcoin price will not be stable even if many countries accept bitcoin legalization based on different factors.  Even if the regulatory developments of governments covet to regulate the bitcoin financial industry in any way that they know for sure will not be able to give up.  The supply of bitcoins starts to become extremely scarce after 2024 - bitcoin is essentially the store of value in the asset it represents.

Bitcoin price can never be stable and that is the nature of  bitcoin. If Bitcoin should be stable then it will have no difference between the traditional FIAT, their wont be any need to trade or invest it. Because of its volatility in nature that is why it can be invested to get gain if it is hodl. The volatility in nature is one of the characteristics that makes bitcoin to be bitcoin.

This difference in the market caps of both the markets (Cryptocurrency and Forex) has resulted in the high volatility. Until the market cap of cryptocurrency becomes in trillions like forex, it is highly unlikely that bitcoin can become stable.

Bitcoin will never be stable in price because it was founded on volatility in nature but the market may experience less volatility in the future. Having said that, Bitcoin has surpassed the stage of the government screwing it up and the worse thing any government can do is to ban it within their country just like the Chinese government did.

today bitcoin gets quite a lot of opposition where bitcoin is attacked from any aspect so that the price of bitcoin drops sharply on the stock market of course this is influenced by several factors where a lot of countries in Europe in particular reject or strongly condemn bitcoin so that it is also can affect the value of bitcoin especially at this time European countries are being engulfed in war which indirectly also makes bitcoin prices affected by the war, we really hope that this is only temporary and bitcoin prices can return to stability as has happened in several years the last one where bitcoin reached the peak of popularity with the highest price in the stock market

The problem with Bitcoin is that it's freely tradable across markets (something that's not the case with Fiat these days). You can trade different Fiat currencies through a FOREX markets, but ample regulations make price manipulations largely impossible. I'd prefer people rely on Bitcoin as a standard unit of account than Fiat altogether. I guess the vast majority of people are into Bitcoin to make money instead of using it as an alternative to Fiat. As long as there are big players (whales) influencing the market, we won't be going anywhere. Just my opinion

As of now bitcoin has not been stable, but with the speed at which it is growing, I can assure and believe that it will become one of the most important currencies in the world and provided the government does not screw it up.
and for another reason because bitcoin is not backed by anything and anyone or pegged to any currency, it just stands alone and I don't think it will be stable because of the fluctuations inherent in it, but we never know in the future.

Bitcoin price is not stabilize. It any time to changing. Bitcoin is not easy to control. It any time to up and down. Every bitcoin holdes want to be increase the price. But bitcoin prices not easy to guess. It any time to changing the price. If bitcoins increase in market place that time price will be go down. If bitcoin demand in market that time price will be increase. So time to acct.

In addition to its convenience and decentralization, Bitcoin is known as a highly profitable investment. In fact, Bitcoin will be very difficult to stabilize when every bitcoin holder wants Bitcoin to increase in price to make a profit and buy when the Bitcoin price drops.
If one day bitcoin is as stable as gold and no longer volatile, I don't know if people will continue to hold bitcoin or will look to another venture capital channel.

Bitcoin journey  has been going many years.I think bitcoin price always volatile. Bitcoin is a digital global and bitcoin is decentralization, it will never be stable. Bitcoin popular increase day by day and people still believe in bitcoin investment. I Think bitcoin investment will be increase in future and bitcoin price will be more grow up. So i think Bitcoin price will never be stable.

Just like any oyher currency, bitcoin isn't meant to be stable. Even fiat's value fluctuate from time to time depending on how the country's economy is doing. Bitcoin won't be stable because it the market moves in fluctuated manner. There would certainly pumps and dumps depending on the season and to the external factors affecting the market movement.

In the future, perhaps it could be lesser volatile. I guess that's a more suitable terminology to say. Lesser volatile in terms of having a fluctuation that is tolerable and predictable compared today that there are still a somewhat huge percentage to be mined. If in the future there would be small amount or none left, then probably its volatility will be affected which could cause predictable market prices. But right now, I don't really see it happening anytime soon. And even if it would, people would always find ways to make innovation. After all, bitcoin is in blockchain technology.

the main reason for bitcoins price. is not about bitcoin.. its about the exchange market orderbook.
if the average investors are spending say $400 a time.. here are some situations

in 2012 that $400 bought them 66 btc  ($6/btc)
in 2015 that $400 bought them 1 btc  ($400/btc)
in 2022 that $400 bought them 0.01btc ($40k/btc)

but here is the thing.
its not about the supply of btc. its not even about the demand of $.. its about the spread between price orders

EG imagine in 2012 each orderline was
1btc@ $5.998              1btc@ $5.960
1btc@ $5.999              1btc@ $5.980
1btc@ $6.000        vs   1btc@ $6.000
1btc@ $6.001              1btc@ $6.020
1btc@ $6.002              1btc@ $6.040

as you can see in the left instance the price movements from buying just 5btc is just 0.066% ($0.004c movement)
as you can see in the right instance the price movements from buying just 5btc is just 1.34% ($0.80c movement)

it may not look like much on an order book. but a difference of 0.066-1.34 is a 20x difference in volatility
..
lets take 2022 prices
1btc@ $42,999.98              1btc@ $42,998
1btc@ $42,999.99              1btc@ $42,999
1btc@ $43,000.00        vs   1btc@ $43,000
1btc@ $43,000.01              1btc@ $43.001
1btc@ $43,000.02              1btc@ $43.002

as you can see in the left instance the price movements from buying just 5btc is 0.000093% ($0.04c movement)
as you can see in the right instance the price movements from buying just 5btc is just 0.0093% ($4.00c movement)


so to solve this volatility, its simple
instead of letting exchanges make orders at large gaps between the order below it. they should allow orders to be filled more closely together at sub cent increments
where orders cant be placed at huge gaps between the next price

.. here is one exageration to demonstrate

if i had an exchange with only 5 users we could collude and set our sells at
1btc@ $42,999
1btc@ $43,999
1btc@ $44,000
1btc@ $45,000
1btc@ $46,000
and make the price increase by $4k just from selling 5btc

however as demonstrated previously if there were people competing with only $0.01 increments.
5 traders can only affect the price by 4cents.. not $4000

I think the main reason of volatility in Bitcoin price is market cap which is still far low when we compare it with stocks and commodity markets and this is why any whale can shake its market easily. The other reason which puts its investors at high risk is negative news in the media like hacking of exchanges/wallets and rumors of selling by major investors . The governments all over the world are trying to  bring Bitcoin under their control so that people don't get into huge risks and troubles.

https://codecondo.com/bitcoin-reasons-why-its-price-is-so-unstable/#:~:text=One%20major%20reason%20why%20bitcoin%20price%20is%20not,that%20you%20can%20manage%20as%20per%20your%20profits.

Indeed even if the last Bitcoin is mined, I don't think the price will be stable because the market is dictated by not only supply but also demand.  We can possibly see a surge after the last Bitcoin is mined, and a possible crash when the market sentiment is not good, after the last coin is mined.  Price isn't stable when it is increasing, nor stable if it is crashing.  I believe that this kind of cycle will always be in the Bitcoin market.