Topic: Will Bitcoin's price stabilize someday? - page 7. (Read 1234 times)
Sometimes I feel are we moving towards a global governance where there has to be a ideal currency transcending the boundaries of nations and where worth of money of individuals is not affected by changes in currency value of nation, caused by whether inflation or disastrous policies. Just like how Russian common citizens are suffering due to severe fall of ruble or how fall on venuzualean currency led suffering for people. To me, it seems bitcoin might be the answer to such problems. If that can be true someday in future, then bitcoin is not going to stabilize anytime soon. The pushes and pulls of regulation, libertarians, nation states and private institutions will continue to be a cause of volatility.
Probably Bitcoin will stabilize when all the bitcoins will be mined. But even then you can't be sure that the price of bitcoin will be stable. It's supple and demand market, price always will fluctuate, so it is absolutely normal that bitcoin price is going up and down.
Bitcoin as a decentralized currency as for me will always be volatile because of its limited supply so the price will always depend on the supply and demand as well as the events and adaptions that could affect its price. It will never change its character as a volatile coin in an instance because that's how it differs from fiat and that makes it as a good investment.
I know that bitcoin has stayed for over a decade now. But it is too soon to hope for a stabilized price. So, I don’t think that the price would be stable anytime soon and moreover there are still more bitcoins to be mined in the next few years to come. It's really going to take a long time before we start talking about having the price of Bitcoin being stable.
And another thing you also have to know is that it's still going to be based on the supply and demand. So, the up-and-down isn't really going to be stopping fully. It still going to keep being volatile. Even gold is volatile, although the good thing is that it keeps on increasing over the years, there are times that it does decrease to.
And another thing you also have to know is that it's still going to be based on the supply and demand. So, the up-and-down isn't really going to be stopping fully. It still going to keep being volatile. Even gold is volatile, although the good thing is that it keeps on increasing over the years, there are times that it does decrease to.
Probably Bitcoin will stabilize when all the bitcoins will be mined. But even then you can't be sure that the price of bitcoin will be stable. It's supple and demand market, price always will fluctuate, so it is absolutely normal that bitcoin price is going up and down.
Probably not! Bitcoin is not a stable coin nether was ut developed to be so. So nay, Bitcoin will never have a stable price. Deal with that mate!
Bitcoin is not a stable currency. It is a dynamic currency. Its price is going up and down every second.Bitcoin for this but cannot be in a stable state. We have seen that Bitcoin was very low a few days ago but now it is slowly starting to rise again.Bitcoin once stood at a high of 68k$ and then dropped to 33k dollar.Bitcoin cannot be stable in the midst of price fluctuations.
But the question is in general term mate, meaning OP is asking for the whole process and not just now , meaning that What about if all the Bitcoin had already Mined? maybe things will change as Altcoin will surely take place as another super volatile currency?and also we are nearing to be mined all the coins so there are possibilities that Holders will not carry to keep hold and may divert in other currency that will effect the movement of Bitcoin price?
A stable bitcoin price is very hard to achieve, because we we look at bitcoins quoted either in Dollars or Euros.
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As for now. But with further adoption we'll see just the opposite situation when we'll look at exchange rates of USD and EUR to BTC. Because bitcoin would be considered more stable (as deflational asset) then any other fiat currency. It will not happen tomorrow but in several tens years... well, I believe that! 1BTC=1BTC!
I am surprised by so many responses saying that it is neither stable nor will it stabilize. Yes it will stabilize as its price and market cap continue to rise and if companies heavily exposed to Bitcoin, such as MSTR, become part of the S&P it will stabilize even more. The other day I heard Kevin O'leary saying that he believes the crypto space will be the 9th sector of the S&P, and that, with that, volatility will be reduced.
free bitcoin no one can control bitcoin so bitcoin price is unstable, i think bitcoin price will not be stable anytime unless bitcoin is managed by one person or group of people who regulate bitcoin price but that's unlikely to happen.
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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.
For me fundamentally is because of adoption, as you can see there are still few people who know what Bitcoin is. I can say that the market is still young. There are still a few big companies moving into Bitcoin.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.
Another thing is a lot of people do not really use Bitcoin, because for me the adoption is really important here if we want to stabilize, transactions on the Bitcoin chain, hash rates, miners, trading volumes, exchange inflows/outflows, etc.
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.
One of the major reasons why Bitcoin price hasn't stabilized yet is because Bitcoin hasn't been fully mined yet. This means, there is always a lot of speculation out there that can affect the interest of the market. Aside from that, Bitcoin is still young and in the process of adoption.
Just like what this quoted sentence stated:
Why Does BTC Fluctuate so Much?
Bitcoin's price fluctuates because it is influenced by supply and demand, investor and user sentiments, government regulations, and media hype. All of these factors work together to create price volatility.
Bitcoin's price fluctuates because it is influenced by supply and demand, investor and user sentiments, government regulations, and media hype. All of these factors work together to create price volatility.
Bitcoin is not a stable currency. It is a dynamic currency. Its price is going up and down every second.Bitcoin for this but cannot be in a stable state. We have seen that Bitcoin was very low a few days ago but now it is slowly starting to rise again.Bitcoin once stood at a high of 68k$ and then dropped to 33k dollar.Bitcoin cannot be stable in the midst of price fluctuations.
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?
It already did, and people did not realize it, that's it. I remember a period when it moved from just a few dollars to hundreds of dollars, and it moved from that to 20k dollars as well. Not many people remember but we were at around 700 dollars in 2017 at the bottom price, and reached to 20k levels.So, it means that with each increase, we are living a smaller and smaller increase. Sure, it is still a lot, sure we go like 10x and even more on bitcoin at times, it is not impossible but bitcoin moved from a few dollars to 68k dollars overall, we are not going to have that kind of increase ever again, it's over. We will be doing fine and just volatile compared to like gold or something, but never again that much volatile like in the past.
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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.
^ Once the price was based on the demand and the supply, everything will fluctuate and don't have to stabilize the price, even gold that has unlimited supply but they can't able to stabilize the price and how much more about BTC that has a limited supply, per transactions of BTC will make the price fluctuate and make the price volatile and that is the BTC nature of being volatile and you cannot change that behavior. So in short, don't expect that the price of BTC will become stabilized in the future because it is not, it will fluctuate very now and then. 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.
The only way the price of Bitcoin can be stabilized is by:
1. Having an organization handle it for example: the government
Amusing that this is the first scenario you gave; if an organisation or government handles bitcoin, it will become centralised and will not be bitcoin anyone. Maybe it could turn to one of the stable government backed coins.1. Having an organization handle it for example: the government
3. Banning the trading as a whole
No doubt this will surely reduce volatility, because the volume of traded or tradeable assets are too big, which influences demand and supply. 4. Not letting people sell their holdings for a short amount of time for example you cannot sell your digital gold for couple of months.
It all boils down to demand and supply as the cause and effect of bitcoin volatility.This is something that I do think is not really going to happen even if there would be no mining of new Bitcoins in the future because of the supply people would still trade, buy and sell those Bitcoins making the whole thing extremely unlikely.
Of a truth, if the last bitcoin is mined, there will still be buying and selling but there will be more hodlers and then the price will stablize somewhat. 
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's been indeed a lot of speculation that Bitcoin will stabilize once the institutional investors enter the market because it seemed that it would mean long-term commitments and people not putting out their money at the first signs of a bear market. But IMO it turned out that institutions can do panic selling and can act out of FOMO, just like smaller investors. That being said, it does seem to me that Bitcoin is getting closer to stabilization of the price, but it might take another decade to see the difference. The multiplier is getting smaller (by how many times the new major ATH surpasses the previous one, for example), and I think the price range will slowly get narrower, leading to some level of stability. 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.
The only way the price of Bitcoin can be stabilized is by:
1. Having an organization handle it for example: the government
2. Having it backed up by something else whose value is itself not that volatile
3. Banning the trading as a whole
4. Not letting people sell their holdings for a short amount of time for example you cannot sell your digital gold for couple of months.
This is something that I do think is not really going to happen even if there would be no mining of new Bitcoins in the future because of the supply people would still trade, buy and sell those Bitcoins making the whole thing extremely unlikely.
1. Having an organization handle it for example: the government
2. Having it backed up by something else whose value is itself not that volatile
3. Banning the trading as a whole
4. Not letting people sell their holdings for a short amount of time for example you cannot sell your digital gold for couple of months.
This is something that I do think is not really going to happen even if there would be no mining of new Bitcoins in the future because of the supply people would still trade, buy and sell those Bitcoins making the whole thing extremely unlikely.
It’s true,people won’t inverse their money,if the crypto currency was stabilised.Once stable the profit percentage in crypto will be less than 10 percentage. No investors will keep their investment in less profit making assets.And Gold is stable assets,who keep their investment in the gold.Only people buy the gold,when they had their occasions and their girlfriend birthdays
Actually the price instability will give you huge profit in two days,if the price get stable,their won’t be rise more than a 5% in ups and down value.Nothing will get in this 5 percentage raise or fall in price.When the legalization occurred in all the countries in this world.Then the world countries will made a meeting and fix the fees of transaction and tax to the user of crypto currency.
If Bitcoin becomes stable then likely it will be useless, because no new investors will be interested in it. Bitcoin much popular because of its volatility. So stability isn't expected here. Gold is a kind of asset hence it's stable. But Bitcoin is currency and not useless. Remember, we can survive without gold, but can't survive without currency. Volatility depends on buy pressure, gold doesn't have such as buy pressure that we encounter on Bitcoin. So no, Bitcoin won't be stabilized someday, at least I do not believe that.
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