Will cryptos be so volatile forever? - page 28.

ralle14

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Quote from: HashieNewb on January 19, 2018, 03:26:23 PM

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?

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.

For me it's the other way around, during 2016 the price wasn't that volatile compared to last year where the price really went on a huge up and down movement. How much do you think the price of bitcoin should be at to become stable?

Volatility on crypto won't end because the prices of most crypto are converted to the price of bitcoin and there are people who would suddenly pump/dump a random altcoin like bch.

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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?

Crypto currency market is an unregulated market. So it is an inherent nature of any unregulated market. If a currency is centralised by any government, they use many techniques to prevent any unaccounted fall or rise of that currency. For example, if Indian rupee value starts decreasing rapidly, Indian central bank will start buying their own currency in large volume against dollar to stop that fall and to stabilise the price. That is not the case for the crypto market.

Crypto market is the raw reflection of the market sentiment and the absence of regulators makes it more volatile. So I believe it will remain same forever.

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volatility will never be tamed. there are a few factors that make it extra volatile - 24/7 trading worldwide, twitchy and inexperienced traders, a lot of general legal uncertainty.

the latter should be ironed out. i don't think the first two ever will. i expected it to much less volatile at this price level but it seems kinda the same as it always was.

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I think it's a nature of cryptocurrency to be volative, otherwise they won't attract so much attention to the market. Of course, a good coin for daily trading shouldn't be so volative as it's now, so most likely will see some new coins like Tether in the nearest future.

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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?

Still boils down to supply and demand, correct me if I'm wrong. So I really doubt that we can see crypto being less stable. Its their nature, In bitcoin's case, when there's a huge demand the price will swing wildly. Some says it really bad for the market to be volatile, and this is the one reason why government are against crypto, and volatility makes it hard for bitcoin to be universally accepted as mode of payment.

So its really up to us on how we see this price instability. Are you going to take advantage of it to make more money, or would you rather have a stable price but less demand?

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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?

In my opinion, crypto currencies will be forever volatile since its decentralized. Any news, positive or negative will have a huge impact to its price every time. I think the only way for its price to become stable is if it reaches a certain value you can never imagine to have.

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I think that approximately 3-4 years will be needed in order to regulate the status of the crypto-currency in the world economy and to introduce them into the lives of ordinary consumers. The more goods and services you can buy for crypto-coins, the more coins will have real supports. And the more well-known, the goods and services will be in demand, the stronger will be the support. The same applies to the system of use. If there are large and reliable systems for exchange, input-output, then the crypto-currencies have a chance to quickly penetrate into the life of an ordinary person and secure stability.

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For me in the future it can happen because think if the price is so high that's not good in transaction so i think it can be stable or the price stay like $30 to $40 high then low only in $15 so that's good in traders,users and the transaction because it's run by investing and in transaction but still it's give so much conveniece now i think also we already experience the future of btc.

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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?

Because of the decentralized nature of the majority of cryptocurrency out there, the volatility will always be in the hands of the user. Early adopters and whales are able to control most markets by posting buy and sell walls and flood or strip the market with coins/fiat...

The only way to stabilize the value of any kind of crypto is to offer centralized solutions, which can easily be perceived as defeating the purpose of cryptocurrency, but honestly, that's the direction that I see digital currency turning to. As more and more larger companies adapt to digital currency, they'll undoubtedly focus on creating a currency that will only slightly fluctuate in value, but as it currently stands now, as long as their are open exchanges for converting a certain crypto to fiat and other crypto currencies, the volatility will always trail closely behind.

Quote from: HashieNewb on January 19, 2018, 03:26:23 PM

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.

Doubtful. We saw what happened last week, as the prices stayed above $15,000. I don't know about you, but that's a lot more expensive than it was just a few short months ago at under $10,000, and MUCH more expensive than last year's (2016) closing prices of under $1,000 per. The value of Bitcoin won't stabilize the volatility as long as there is a demand for it.

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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?

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.

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

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