Topic: Will cryptos be so volatile forever? - page 24. (Read 2226 times)
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.
When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?
It is not part of their nature but their characteristics force to a great volatility at least in the early stages, if there was a central bank of bitcoin then it could create more bitcoin out of nothing creating more supply to meet the demand, but we know that is not the case, so when demand goes up the supply does not and you get rising prices, and when you add that most of the community is holding this creates greater scarcity.
Considering it is decentralized and it's an asset based on speculation, I doubt it will stop being so volatile any time soon.
I am no trader (most cryptos I own I have invested in as a medium-long term investment), however, I do think its volatility is what makes cryptocurrencies interesting.
I am no trader (most cryptos I own I have invested in as a medium-long term investment), however, I do think its volatility is what makes cryptocurrencies interesting.
When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?
It will only happen once majority of the people arround the globe discovered and got into bitcoin. The value because of the ever growing dmand from the people. Surely, it's currrnt state now will still go higher knowing that its popularity and the curiosity of the people is really increasing. But diffinitely, we cant see that coming so soon, it will only happen once the mainstream made a good review about it and if the government will come to recognize it.
When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?
A fiat money is volatile too, but the central banks support its price, taking money from theirs reserve. The most of the crypto currencies are not controlled, and their prices is defined by the current balance of a demand and an offer.Yes and I mean it is still far better for it to be less violate, you even have today some people that won't think of using bitcoin as a currency simply because they "could pay less in future". Some sort of stability is needed anyway I am a believer that we must break through this speculative period if we want cryptos to become mainstream and be less volatile. Problem now is that people see this as speculative asset which is why prices moves so much. From the point we start to use it more as a currency I think we could expect price to be a bit more stable, but again everything depends from supply and demand as you say fiat have this advantage of banks trying to balance things out - but when there is some catastrophic event they still fail to do so.
When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?
I think it is better to have volatility in every coin. The fluctuations of coin make us gaining more profits. It is not also maintain its stability, the price is affected by its demand and supply. In my opinion, the lesser the coin fluctuated the more it is not useful for the people. If the investors will buy and sell coins definitely, it will rise up and dip down.
No. But the entirety of it never being volatile will never be ruled out. Even though cryptocurrency is about 9years old, it is still nascent in acceptance and useability. Many countries still don't understand it and accept it. the SEC wants to see it go down and not to mention the trends it is facing with the emergence of new coins and fake ICOs.
However, over time this will stabilise.
Ask those who saw the emergence of the stock market and Forex Market and you will agree that this is normal and usual with any technology trying to be widely accepted.
However, over time this will stabilise.
Ask those who saw the emergence of the stock market and Forex Market and you will agree that this is normal and usual with any technology trying to be widely accepted.
When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?
Without wider adoption in the real sector the volatility of cryptocurrencies is not going to diminish. Major fiat currencies are rock solid specifically because they have huge application as a means of payment, and this keeps their volatility in check. This is not so with cryptocurrencies. There is a very small market for goods and services which can be bought with these currencies and, at the same time, a huge speculative market which leaves them no chance to become stable.
I believe that better stabilization of crypto markets we will see after 5 years at first.
To the end of this time, we can exploit this situation and make money down crypto arbitrage or similar.
If you have a long-term view of the cryptocurrency market then I think that's not possible. Every bitcoin and other altcoins show their superiority and practical applications in life, helping them to reach more investors and users. Quality projects they have to build for years with a long-term development team, find those coin to invest and do not worry about anything. To the end of this time, we can exploit this situation and make money down crypto arbitrage or similar.
When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?
A fiat money is volatile too, but the central banks support its price, taking money from theirs reserve. The most of the crypto currencies are not controlled, and their prices is defined by the current balance of a demand and an offer.
Yes, it seems that the prices for the crypto currency will always be variable. Volatility is inherent in nature due to the fact that these coins are decentralized, are not managed by anyone and are not supported in the price plan. National centralized coins are supported by central banks: at the right time, the bank either withdraws money from circulation or adds it to turnover and this maintains the stability of the monetary unit. It does not have a Crypto currency, and therefore it will always jump in price.
I believe that better stabilization of crypto markets we will see after 5 years at first.
To the end of this time, we can exploit this situation and make money down crypto arbitrage or similar.
To the end of this time, we can exploit this situation and make money down crypto arbitrage or similar.
A simple system based in supply and demand is always unpredictable, but the chances are at volatility side.
So we can expect it continues volatile forever, unless the market finds a perfect balance naturally.
What makes the currency interesting for most people at this moment is the speculative characteristic, with stability it would lose this characteristic and this public would go away... On the another hand a new group of people would come and start accepting it on their stores, businesses and really using it for payments in a daily basis (because the stability characteristic), so the price would increase again... Then the speculators come back and it continues in a looping.
So we can expect it continues volatile forever, unless the market finds a perfect balance naturally.
What makes the currency interesting for most people at this moment is the speculative characteristic, with stability it would lose this characteristic and this public would go away... On the another hand a new group of people would come and start accepting it on their stores, businesses and really using it for payments in a daily basis (because the stability characteristic), so the price would increase again... Then the speculators come back and it continues in a looping.
When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?
Personally I think Bitcoin and crypto currencies will never be stable. Too much money moving and too many people involved. Fear and some bad news can cause the market to crash instantly
Bitcoin prices will continue to be manipulated as more and more coins are acquired by the deep state players. The only thing that you can guarantee is that it will be used to increase personal debt in the pump phase, and a reduction in the availability of coins. The result of this is that the price will continue to go up when viewed as a long term trend, but there will continue to be massive drops on the way.
This is a personal opinion based on political observation, and is not based on statistical facts.
This is a personal opinion based on political observation, and is not based on statistical facts.
It will definitely stabilize. We have to remember that for most of bitcoin's lifespan, its price was actually relatively "stable" - of course there was volatility, and at some times massive swings, but it was not this daily -+10% kinda stuff we see now. This period is unusual, and in my mind, artificial. It represents the mainstream people finally become aware of crypto and diving on board to make a quick buck. Once those people get burnt out, they'll move on to the next thing, but the core will remain.
No, when the speculation and hype already simmer down and cryptocurrencies become the boringly well-understood financial assets, the prices will stabilize. I'm sure we can achieve that in the future.
Unlike other investments which are based on a physical commodity like gold and oil and others, Bitcoins is simply a virtual investment and in my opinion is the reason why it is so volatile, there is no physical commodity to back it up and that is why.
i think it will volatile all the time ,
cryptos power are from the community and that's what causes the increase and decrease of the price .
also the demand of that coin / token will make the price volatile .
but sometime , some coin didnt get volatile but just in short time
cryptos power are from the community and that's what causes the increase and decrease of the price .
also the demand of that coin / token will make the price volatile .
but sometime , some coin didnt get volatile but just in short time
This is basically the main problem the whole world of cryptocurrencies is facing. It is a giant casino now, which is what produces this volatility. This will be always a problem for a serious adoption of cryptos as actual money.
Right, crypto market is too speculative at the moment.
But as I mentioned in a similar topic: bigger the stone - harder to shake it.
What crypto market needs for stability is much bigger capitalization, I think about 10 times from the current one.
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.I dont think so. I have another opinion with this. More expensive is the price will not make the price become more stable.
Look at bitcoin, how high is it? Very high price but the price is still volatile.
More volatile the market is made by buyers and sellers and its the characteristic of any asset. So it will never stop.
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