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Topic: Will cryptos be so volatile forever? - page 23. (Read 2208 times)

full member
Activity: 392
Merit: 101
January 30, 2018, 12:46:33 AM
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.
sr. member
Activity: 420
Merit: 250
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.
member
Activity: 378
Merit: 25
January 30, 2018, 12:26:19 AM
When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?

actually it is bitcoin's nature, we should compare bitcoin stability with the current foreign currencies' stability, volatility is dictated by the demand and spendable power of a currency and bitcoin spending ability is still limited because it is not yet widely accepted in both physical and virtual stores, unlike dollar, the volatility of dollar is not that much high, therefore it is more stable and well regulated. as long as the spending capacity of bitcoin is limited, it creates traffic thru buying and selling so it has high volatility than other fiat.
jr. member
Activity: 58
Merit: 1
January 30, 2018, 12:23:26 AM
I think their will always be a certain section of cryptocurrencies that will remain volatile. However, to fully utilise cryptocurrency there will need to be some that are stable in value akin to fiat currency so that people are actually willing to spend it for consumer items rather than hodling it.
full member
Activity: 882
Merit: 110
January 30, 2018, 12:01:54 AM
What people nowadays find useful and beneficial today might not be that needed in the future, I think that is the case with bitcoins. A number of people here are talking about how they want bitcoin to be an international currency or become an official digital currency that will replace tangible cash but if it remains volatile and fluctuations on its prices remain like this in the near future, I'm sad to say that it would only become a pipe dream.
You are the only one who have an access into your bitcoin and to do whatever you want whether to sell it or hold it causing the price would always volatile, it's impossible unfortunately yeah to make bitcoin has stable price at least for now with current development.
cryptocurrency will forever be unstable because of the growing number of sales and purchases so I think this is natural and can be rejected. unstable cryptocurrency we can take a chance when high price and sell. so crypto is unstable not a problem.
legendary
Activity: 1442
Merit: 1008
January 29, 2018, 11:55:22 PM
What people nowadays find useful and beneficial today might not be that needed in the future, I think that is the case with bitcoins. A number of people here are talking about how they want bitcoin to be an international currency or become an official digital currency that will replace tangible cash but if it remains volatile and fluctuations on its prices remain like this in the near future, I'm sad to say that it would only become a pipe dream.
You are the only one who have an access into your bitcoin and to do whatever you want whether to sell it or hold it causing the price would always volatile, it's impossible unfortunately yeah to make bitcoin has stable price at least for now with current development.
member
Activity: 162
Merit: 10
January 29, 2018, 11:47:13 PM
No, but within a decade there should be no problems, still hot, social and technological advances, and there will certainly be new technologies to replace blockchain technology and bitcoins.

newbie
Activity: 1
Merit: 0
January 29, 2018, 11:40:40 PM
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member
Activity: 112
Merit: 17
January 29, 2018, 10:57:43 PM
It is in the very nature of the world of crypto-currencies is to be “volatile forever”. We need to understand that to bring in “long term stability” there has to be a centralized control or influence of a governing body on the currency in question. According to the experts, if the variance of the price fluctuation on a single day exceed 25%-30%, it guarantees a lack of central influence or control. This is exactly what we frequently find in the price graph fluctuation of most of our decentralized virtual currencies. This on one hand guaranties good profit, if played well. On the other hand it also helps our instinct to understand how to generate secured funds in the midst of price volatility. However, we need “short term stability” to establish the security of the fund being generated. So, will cryptos be so volatile forever. Well, yes, that is imbibed in the structure of the DNA of all crypto-currencies.
jr. member
Activity: 56
Merit: 1
January 29, 2018, 09:14:15 PM
Like stocks, Cryptos' values are highly based on speculation and psychology regardless of the tech backing it. True investors (smart money) will invest on the tech but also the technology. Think of it this way. Supply and demand. The lower the supply and higher the demand is, the higher the value goes because people are willing to spend more and vice versa. So, if the value goes up because of Internet hype and new investors buying in. Then the price skyrockets temporarily. When that happens, the short term investors sell at high quantities to get a quick return on their investments which drops the prices significantly. As the process drop, new investors buy in and the prices go back up. News comes out hyping Cryptos and high returns and more people buy in and the cycle repeats.
newbie
Activity: 3
Merit: 0
January 29, 2018, 08:54:28 PM
When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?
Everything needs its time. Look at the stock chart of Microsoft and companies which are billions worth now. They were also so volatile when they came to IPO. It is a normal phenomenon.
full member
Activity: 195
Merit: 100
January 29, 2018, 08:41:09 PM
All the markets including forex, commodities, interest rates, stocks etc are volatile most of the time.  Without volatility there won't be any trading.  BTC is the most traded crypto and that is what makes it BTC.  As a trader I love volatility and we all should learn to like volatility. If I am not mistaken biggest trades and most volume happen on Bitmex.
member
Activity: 217
Merit: 14
January 29, 2018, 07:25:02 PM
#99
Cryptocurrencies will continue to be volatile in its functioning, the same is the biggest feature of cryptocurrency. If every cryptos were stable similar to tether, cryptocurrency might have not gained such a popularity. Expect the volatility to be there with cryptocurrencies forever.
member
Activity: 157
Merit: 10
January 29, 2018, 07:12:13 PM
#98
This is quite a crucial question to understand if cryptos will one day be usable for something different than speculating or not. My guess is that this will perhaps become possible once the Bancor protocol will have been adopted by most cryptos, since the bancor protocol when applied is stabilizing prices and reducing volatility.
newbie
Activity: 72
Merit: 0
January 29, 2018, 06:23:23 PM
#97
Yes cryptocurrencies will be volatile forever because it is not like fiat because it depends on the demand and supply that is why thd value is not stable and it really dont have fixed value because it keeps on moving from time to time.
sr. member
Activity: 676
Merit: 319
January 29, 2018, 06:19:28 PM
#96
When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?

Why? For example, tether, stably costs 1$. Other question, in comparison with what stability
full member
Activity: 210
Merit: 108
January 29, 2018, 06:18:59 PM
#95
When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?
I think volatility of bitcoin will never fades because this what's make bitcoin popularity these days and if bitcoin will have a fix value I don't think people will be attracted to it, it will become a normal currency and might be as valuable as it is today though volatility is a risky thing but it gives so much hope to a lot of people who wants income from investment
hero member
Activity: 798
Merit: 506
January 29, 2018, 06:16:38 PM
#94
When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?
The prices will get more stable when the prices are really expensive...so expensive that it would take a lot of money to get rid of a 1 BTC wall.

There's no guarantee of such thing because some people hold too many bitcoin in their pocket, which they have bought it at cheaper price. If they decide to sell, surely will affect the price moreover at higher price.
In short, bitcoin volatility will never end, unless bitcoin spread widely without no one hold more than BTC1, which mean no one can manipulate the market.
member
Activity: 518
Merit: 11
January 29, 2018, 06:09:31 PM
#93
I think the crypto condition is unstable, there is always the end. like today, I see it will end and stabilize again in July 2018.
and when the market is still active and many are still trading altcoin, then volatitility always occur. except if they stop and crypto will not stabilize and even will die.
hero member
Activity: 1274
Merit: 516
January 29, 2018, 06:07:11 PM
#92
It will never end, this is the downside of decentralised currency, when no one is controlling the price could go wild bit this also could be the advantage for traders, when volatility coming, it will be the perfect time to trade, the volatility will depend on the users that do transaction, and with this  high volatility some people say that it's not suitable to become a currency
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