Will cryptos be so volatile forever? - page 22.

kryptorian

jr. member

Activity: 84

Merit: 8

Quote from: 1Referee on January 30, 2018, 06:57:20 AM

Quote from: trecore4 on January 30, 2018, 06:20:54 AM

Alts is like shit side of the bitcoin and it should have never come out and we could have seen actual developments of the BTC. The whole idea was just the transaction and nothing else but we ourselves made them to work for ourselves and earn money for us.

That's pretty short sighted. I do agree that the majority of the altcoins are nothing more than shitcoins, but there are certain coins actually solving a problem, where alongside that, they have various other decent usability features that Bitcoin at this point in time doesn't offer. Technical developments in the altcoin part of the market may eventually even flow into Bitcoin, and the best thing is that altcoins can be seen as a perfect testbase for Bitcoin's potential future implementations. Anoter important factor is that altcoin trading is largely based on BTC, which basically means that altcoin trading keeps an insane number of coins off the Bitcoin markets. I am happy that we have altcoins being part of the cryptosphere

I read about the same thing somewhere not so long ago. But it was a pretty dated piece to be honest, so my question is whether this is really so and not just another pro-altcoin hype and propaganda? What are the features that Bitcoin already adopted from altcoins yet? I know that there is an initiative to implement smart contracts in Bitcoin, and that would be a perfect example of such technical developments. Smart contracts is a pretty solid and polished technology now, but how long are we to wait until it actually makes it into Bitcoin?

webdevmastery

full member

Activity: 434

Merit: 100

Quote from: coinFlipCoin on January 19, 2018, 03:23:29 PM

When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?

Cryptocurrency will always be volatile in the market since not everyone is capable of always investing. Bitcoins is good for long term investment because of the markets unpredictable value that gives opportunity to different traders on when to invest or sell their coins.

Boysen

member

Activity: 264

Merit: 11

Many cryptocurrency enthusiasts especially those who are inclined in the bitcoin investment world believes that the current volatility rate of cryptocurrencies most of all bitcoins is not permanent. It is only caused by the current high amount of investors and the booming popularity in addition. Once this subsides, it is expected that the value will cease its violent fluctuations.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: trecore4 on January 30, 2018, 06:20:54 AM

Alts is like shit side of the bitcoin and it should have never come out and we could have seen actual developments of the BTC. The whole idea was just the transaction and nothing else but we ourselves made them to work for ourselves and earn money for us.

That's pretty short sighted. I do agree that the majority of the altcoins are nothing more than shitcoins, but there are certain coins actually solving a problem, where alongside that, they have various other decent usability features that Bitcoin at this point in time doesn't offer. Technical developments in the altcoin part of the market may eventually even flow into Bitcoin, and the best thing is that altcoins can be seen as a perfect testbase for Bitcoin's potential future implementations. Anoter important factor is that altcoin trading is largely based on BTC, which basically means that altcoin trading keeps an insane number of coins off the Bitcoin markets. I am happy that we have altcoins being part of the cryptosphere

chidrawarster

full member

Activity: 406

Merit: 100

Yes for sure the volatility would remain the same as there are no controllers nor we so not know. Basically, I have seen corrections on forex markets as well, they are never more than 2 percent a day but these crypto are damn crazy, so higher volalatality and not predictable.

unsquidly

member

Activity: 322

Merit: 10

I strongly feel the ups and downs will always be the same, as these changes occur according to the market players.

Kahoy01

full member

Activity: 481

Merit: 100

Of course not. Everyone here expects that bitcoin's monetary value will finally stabilize once and for all. The only reason as to why it's value is currently undergoing fluctuations is because of the huge number of users of bitcoins and other factors that affects its price. In the near future it is expected that bitcoin's value will stabilize and that is a good thing because if it really stopped fluctuating then it could be considered as a currency.

paolo099

full member

Activity: 224

Merit: 101

not for now, definitely not.
In the future, if the coin will be even more widely accepted we will reach the breaking point where BTC will fluctuate less and the price will stay stable for long time.
Big companies investing in BTC and using it to sell their product at some point want some stability, they wouldn't afford to sell something today while it could be 10 times less tomorrow.

genology

member

Activity: 168

Merit: 10

Any successful company or business went through what Bitcoin is experiencing right now. It undergoes this growth stage where in it is still volatile in growth. Based from predictions and experts, Bitcoin has potential and has high possibility to be stable.in the future.

tokexchain

member

Activity: 144

Merit: 10

Any markets and options available in the traditional trading halls are volatile, of course they are, and always will be - there is a supply and demand chain, this goes for Bitcoin as well as bananas, of course the markets are vastly different and distribution of BTC and its ALTS are pretty much immediate - no banana boat needed. Traders will always trade and so for this fact, the market will always be volatile - at this point it is pretty simple for all to trade successfully, long or short. You just must be strong, and if the price sways downward, don't crack under pressure. same as with buying, don't get into the FOMO moment. Good luck all!

Truna

newbie

Activity: 119

Merit: 0

It is not volatile at all.

trecore4

sr. member

Activity: 658

Merit: 260

CryptoTalk.Org - Get Paid for every Post!

Quote from: crocozino on January 30, 2018, 12:38:55 AM

that is a very funny question, I guess bitcoin and the rest of cryptos are volatile in the sense that it rises and falls down drastically..I guess this is its nature? some alts can be pumped even with small amount of money so there is no defend on this. Based on this fact i think the volatility of cryptos will continue as long as crypto exists.

Why is that funny question, its not funny at all. Man wants to know why is that so!

Quote

I guess this is its nature?

No we made it look like that and we programmed it that way to behave like one of those hippies. Roll Eyes

Firstly, they were never meant to be currencies which can be used to trade like share market and make out of it. Alts is like shit side of the bitcoin and it should have never come out and we could have seen actual developments of the BTC. The whole idea was just the transaction and nothing else but we ourselves made them to work for ourselves and earn money for us.

The volatility came out of this and nothing else. We were responsible to make it an asset a store value which we can manipulate as and when we want with some investments. The same thing with alts, a greatest manipulated way to earn bucks, no wonder why government want to shut them down.

Shreek

full member

Activity: 476

Merit: 112

IDENA.IO - Proof-Of-Person Blockchain

it will not happen, now bitcoin is unstable, but this will not be long. and will the end, because this is a natural correction condition, I think the bitcoin will not be stable and will even die if everyone leaves the bitcoin, and switches to another altcoin.

zhangfeng666

newbie

Activity: 70

Merit: 0

Yes, I think the price of the password is unstable.
Only when they become legal tender.
They will stop the turmoil.

hosseinimr93

legendary

Activity: 2380

Merit: 5213

Yes, they will be volatile forever. Because prices are determined by supply and demand. But I think fluctuatuions will decrease in future after governments regulate it.
We saw that how much the price can be affected by news and rumors in the past days. I think after cryptocurrencies are regulated, they won't be affected that much.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: DoublerHunter on January 30, 2018, 05:57:59 AM

Since the cryptocurrencies are decentralized and there is no regulators for the crypto in the market, the price of the cryptocurrencies will stay volatile and i don't think that it will change because volatility is one of the most obvious characteristic of crypto so it will become one of the memorable trade mark and it will be volatile forever.

Agreed.And besides cryptocurrencies have been here for almost ten years being volatile and still lot of investors are still running into it,so what's the reason of making it's price stable?I think it would just create a little confusion and turn their backs on cryptos whenever it gets stable in a low price.So i guess it's much better to stick to its volatility and get thrilled with the price every now and then.

DoublerHunter

hero member

Activity: 2590

Merit: 644

Since the cryptocurrencies are decentralized and there is no regulators for the crypto in the market, the price of the cryptocurrencies will stay volatile and i don't think that it will change because volatility is one of the most obvious characteristic of crypto so it will become one of the memorable trade mark and it will be volatile forever.

qwesasd

member

Activity: 117

Merit: 19

Only fluctuations can reflect the value of the cryptocurrency. Fluctuations are determined by the demand and supply of cryptocurrencies. We can not eliminate the volatility because the volatility is caused by trading in the market. Unless you stop trading, so you do not have cryptocurrencies what's the point.

hen cet

member

Activity: 349

Merit: 10

It has become the nature of crypto, down and up unstable, because with an unstable crypto it makes crypto more valuable, it is getting more and more people interested to invest, if crypto has a stable price that makes many people are not interested to invest in crypto.

glaciercapital

member

Activity: 145

Merit: 10

Quote from: A Feeder on January 30, 2018, 12:46:33 AM

Quote from: coinFlipCoin on January 19, 2018, 03:23:29 PM

When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?

If a certain cryptocurrency is decentralized, then it is in their nature that their price is volatile. It is because of the result of the everyday trading and the pump and dump which results into value changes. But, there are many cryptocurrency which are centralized and I believe that those coins have prices that are more stable.

I believe crypto will always be a high risk investment asset class so volatility will always be higher than shares in general. However if bitcoin continues on it's path to become a store of value I could easily see it's volatility getting as low as blue chip shares or gold.

Topic: Will cryptos be so volatile forever? - page 22. (Read 2210 times)