Pages:
Author

Topic: Will Crypto mass adoption of crypto stabalize the prices? - page 3. (Read 16188 times)

full member
Activity: 1092
Merit: 117
Yes, mass adoption wil stabalize the price and even make it increase and thats beacuse a higher number of persons own a certain coin and its very hard to convice a large percentage of them to sell it just by spreading FUD. But mass adoption is just a small step in stabilizing the price so this mean it will not be the thing that is instantlly going to make the price become stable.
legendary
Activity: 3038
Merit: 1169
I highly doubt that Cryptocurrency and Stock Market has the same issue on how they work, I really think that Mass adoption is not the solution to stabilize the price but a thing to really make is more volatile, If we see in stock market fiat currency is controlled by banks you can not produce your own money the bank controls the number of money they can circulate while in Bitcoin we have miners that are continuously mining for blocks until we can see the last block they will surely not stop, And speaking of the last block, Maybe that is the answer? Because we never know if what can happen to the price of bitcoin if we are down to the last block.
hero member
Activity: 2240
Merit: 848
Mass adoption will make the price skyrocket roughly two orders of magnitude, and it will bring about greater stability but its not like the price won't move, it'll just be less volatile. It'll never be so stable that the price won't change much.
member
Activity: 518
Merit: 33
I really don't think mass adoption has much to do with volatility, the difference that your seeing when you're comparing stock market to cryptocurrency market is mostly because there is way more manipulation in crypto than stock market.
legendary
Activity: 2492
Merit: 1232
Mass adoption will make bitcoin go high and won't guarantee the stability of bitcoin. There is no such thing as stability because bitcoin is naturally a volatile market and will once the mass adoption is there, it will only make the bitcoin high.

If we want stability in Bitcoin, I can tell that it's not even possible. There will always times that the value changes rapidly. But yes, compared to fiat currencies, Bitcoin is a decentralized market and will not be regulated in the prices. That is the reason why stability is not the thing.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
As compared to cryptocurrency market, the prices of stocks in stock market are quite stable. Unlike various altcoins, they do not suddenly increase or decrease (pump or dump) with 30-40% in a day. Is this because less people are into crypto market and the cryptocurrency prices are controlled by those who have ample amount of coins?
yes, people / communities with large funds easily control the crypto market unlike stocks that have control of the company according to product quality
Of course, they can, but the question is could they handle all of the crypto markets at the same time? We know that in out there many big exchanges with a big volume trade daily and there are small and mid-range exchanges, so they need to have bigger power to handle.

I am sure that many people are into crypto, and they still trade in all exchanges, but the mass adoption will not make the crypto price stabilize. If there is a demand, the supply will come to serve, and there is always up and down many times daily.
member
Activity: 168
Merit: 15
Future of Security Tokens
As compared to cryptocurrency market, the prices of stocks in stock market are quite stable. Unlike various altcoins, they do not suddenly increase or decrease (pump or dump) with 30-40% in a day.

There are thousands of altcoins, many of which does not have an actual working or practical product, and hence nothing to support the price from falling or to dictate how high it rises.

Bitcoin is also volatile, not as much as majority of altcoins.
Mass adoption is one of those factors that would bring aboit price stability. And pairing the price with products and services not fiat.
sr. member
Activity: 742
Merit: 251
PRIVATE FEDERATED BLOCKCHAIN
As compared to cryptocurrency market, the prices of stocks in stock market are quite stable. Unlike various altcoins, they do not suddenly increase or decrease (pump or dump) with 30-40% in a day. Is this because less people are into crypto market and the cryptocurrency prices are controlled by those who have ample amount of coins?
yes, people / communities with large funds easily control the crypto market unlike stocks that have control of the company according to product quality

So, will mass adoption stabalize the prices of Bitcoin and altcoins?
that doesn't necessarily happen to
hero member
Activity: 980
Merit: 500
In my opinion and thoughts, I don't really think that the stock market price is stable we can say that the price is still changing but in a less volatile manner if we then say that it is really stable it will not change and stay for the better, I really think that the fiat currencies value is always in a less volatility state while in the cryptocurrency case it varies depending on the drama it can get, We can say that we are in the midst of less volatile year but in the following years to come we are already waiting for a higher chance of high volatility that we always call bull run,

Well, I think that would be my opinion regarding the topic I think we can not say that the currency and other commodities are stable if the price is still changing but in a less moving manner, So there is no such thing as stable.
hero member
Activity: 2660
Merit: 551

So, will mass adoption stabalize the prices of Bitcoin and altcoins?

Nothing will chance, crypto has been very volatile since its inception so I don't think that the price could be stable, perhaps it will be less volatile. Remember that the market is based on pure speculation so that eliminates stability to begin with.
member
Activity: 525
Merit: 10
No, mass adoption will only make the cryptocurrency value increase higher, but the problem is how long they will last, and of course if many sell it will make the situation decline.
jr. member
Activity: 667
Merit: 1
One of the first step to attaining stability is to regulate. If regulation is installed then any other factors will enhance stability. Without regulation there can still be mass adoption and there won’t be stability . Infact mass adoption will only be achieved with some amount of stability. So it’s really intertwined as all factors work together for each other. Let’s get regulated then there will stablity and more mass adoption which will bring more stability.
sr. member
Activity: 658
Merit: 250
if you compare with stocks and foreign exchange with crypto not comparable, the share price which is a stable majority is influenced by high levels of trading users, while the cryptocurrency at that time had around a thousand trades to install coins and tokens, Crypto pumps and dumps that had few trading users can be pumped by a handful of people who have a lot of funds
jr. member
Activity: 244
Merit: 3
As compared to cryptocurrency market, the prices of stocks in stock market are quite stable. Unlike various altcoins, they do not suddenly increase or decrease (pump or dump) with 30-40% in a day. Is this because less people are into crypto market and the cryptocurrency prices are controlled by those who have ample amount of coins?

So, will mass adoption stabalize the prices of Bitcoin and altcoins?
Mass adoption will only make the price of Bitcoin soar higher alongside with the altcoins. Though stability of those coins will be appreciated if they stay stable unlike the gold price. We are hoping that in the nearest future adoption of cryptocurrency will manifest.
legendary
Activity: 1904
Merit: 1159
If we look at the alt-coin market, coins that have seen stable development and been here for sometime do not see much movement in price. The only time that the better alts see wild variations is when there is FOMO for Bitcoin.

As far as the alts that keep getting announced in alt-coin sections with their telegram channels, plagiarized whitepapers and template based websites, the only reason they exist is to make the clever web designers rich. They are pump and dump schemes with everyone waiting to dump at their target price (2X, 10X, 100X). Mass adoption will not help the price fluctuations for most of these alts because they are scams created for the sole purpose of pumps and dumps.

Where bitcoin prices are concerned, mass adoption will only mean that the price will go up. There is no central authority to peg the value to come to an agreement on the price. (Like, for example, the London Gold Fixing for Gold Prices). In its absence, the price only goes up with adoption and people/ institutions FOMOing to buy in. The constant development, miner support and security of the network are major trigger factors for the price to break out. Whenever one of these things come on positive or negative focus, bitcoin price starts its movements in that direction. The one certain thing is that these prices aren't stabilizing anytime soon. In that case, you gotta go by the  golden rule of crypto. 1BTC = 1 BTC (always)
newbie
Activity: 3
Merit: 1
As compared to cryptocurrency market, the prices of stocks in stock market are quite stable. Unlike various altcoins, they do not suddenly increase or decrease (pump or dump) with 30-40% in a day. Is this because less people are into crypto market and the cryptocurrency prices are controlled by those who have ample amount of coins?

So, will mass adoption stabalize the prices of Bitcoin and altcoins?
Pages:
Jump to: