Will the price be stable? - page 44.

nemesis_

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Quote from: Portia12 on February 21, 2018, 07:27:51 AM

i dont think price will be stable because it is a currency. t. So he price is increasing some time it decrease beca. use the demand and supply is being used.

I don't think so. Bitcoin is very unpredictable. It is volatile. Its price changes from time to time. Rapidly. Bitcoin price tends to fluctuate. So bitcoin price being stable may never be possible.

lyks15

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I think this will never be happend. The price of bitcoin will never be stable. Even other currency like dollar and peso are changing every moment. It's defend on the stock of currency that the country have to determine the value every moment. Even the value of gold are changing anytime nothing is stable. So even the price of bitcoin it is wisely to invest on it. All you need is a great strategy and more patience. Changing it's price value from.time to time and day to day is normal. It is also defends on demand and supply or even the number of investment that are coming from the small or big time investors.

oni4an

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Now we are at the initial stage of development of cryptocurrency, until the market is too young it will be subject to news streams and will be very unstable, but give it time stronger and you will see a place for your savings.

TooDumbForBitcoin

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Quote from: Abete on February 21, 2018, 02:26:06 PM

when it reaches 21k, it has exceeded the predictions many people make about bitcoin grades this year. however, it is better to stabilize and rise slowly. it seems to be better and will benefit many people.

Size of the volatility does not depend on price value. We can see this on overall market history

Innocant

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Quote from: MadGamer on February 21, 2018, 07:18:46 AM

Probably not as there will be no more supply. It should increase If the demand remains the same/increase. I wouldn't think much about it though, we would be all dead by then.

If the bitcoin have many investor on this maybe the price always be stable but they have time the bitcoin will be increasing more because it is so popular cryptocurrency in the other country even if this our country it will popular for now.

jaaeeeyyyy

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Bitcoin is a digital currency which rely and depend its price on current demand and supply rate of it and so the volatility is high which more lead to a variation of numbers where it updates every after a buy and sell of it. The price will never be a stable unless all of bitcoins are being sold.

Arroware

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As we know so far bitcoin prices depend on its use, more users and higher bitcoin prices. So the bitcoin price will be stable.

Joshapat

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Bitcoin embraces the concept of decentralization, and this has the effect that prices will never stable, rising or falling thousands of dollars per day is a natural thing because user behavior can never be ascertained and every day of course many people trading that affect the price.

Betwrong

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🌀 Cosmic Casino

Quote from: lunatics14 on February 22, 2018, 04:34:25 AM

I am not a trader but my opinion on this issue is that, the price of Bitcoin will never stabilize. As i read about Bitcoin, the value of it will depends on the demand and supply of the market. So i believe it will never have a stable price.

Well, the price of anything in the free market depends on demand supply, yet most products have a more or less stable price, which doesn't change more than 5% within a year. Of course we have to exclude the inflation factor talking about the price stability because what we mean is the purchasing power of the money. For example, if Coca-Cola was 5 cents per glass 100 years ago, and today it is say 50 cents per glass, it doesn't mean it "costs" ten times more now to buy, but rather it means that the purchasing power of dollar has decreased. In short, the price of Bitcoin can be called stable if it's daily fluctuations do not exceed 1%. I think we are at least ten years away from that point.

nikita_01

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i don't think the price is stable as it is subject to market risk

wireless1889

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The value will never be a guaranteed stable because of some factors happening, But it will eventually rise and go deep down at some times always be mindful of selling or trading your Bitcoin because anytime it can go high and all of your profit will be gone if you trade and sell and didn't have any patience in you.

Md Saad

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I don't think so. Bitcoin price will not be stable because of the decentralized system. Since this is not controllable so that it always brings a volatile condition. Not only that but also ups and down is the natural characteristics of this blockchain system. So that This price will not be stable in the future.

InahC

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Quote from: kjnfmplm on February 21, 2018, 06:44:56 AM

I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.

What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?

I really don't think bitcoin price will be stable, I think when all reserved bitcoin is mined, I think Bitcoin will still be volatile, and increase more its value, because I think that time more people will know about bitcoin and people around the world will start investing I this kind of currency.

YinShuiSiYuan

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Quote from: kjnfmplm on February 21, 2018, 06:44:56 AM

I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.

What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?

Once all of them are minned, the price should be more stable. More resistant to large variations as now, because all bitcoins will be on the market. The price may increase due to high demand and lower supply.

pekavcilar01

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Period is fixed period, changes periodically. What is important for investors is their time in their heads. The time it takes to remain stable among buyers is important.

chesegrinder

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If more bitcoin will be mined the price or value of bitcoin will increase it is as simple as law of demand and supply, as the supply getting fewer and many people demand on it price will increase.

Next, I doudted that bitcoin scenario of all bitcoin will be mine, everyday there hundreds of thousand selling and buying of it, so it creates another block on the blockchain and also depleted block. In addition (IMO) bitcoin mining are hard unlike mining altcoin.

smirnovi

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Quote from: kjnfmplm on February 21, 2018, 06:44:56 AM

I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.

What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?

It will take more than 100 years for last coin to be mined. Will you be alive to make use of stable prices ?

kmlhsan

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Yes, Bitcoin's price will be stable. I think so.

lunatics14

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I am not a trader but my opinion on this issue is that, the price of Bitcoin will never stabilize. As i read about Bitcoin, the value of it will depends on the demand and supply of the market. So i believe it will never have a stable price.

jonruhoax

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Quote from: kjnfmplm on February 21, 2018, 06:44:56 AM

I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.

What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?

I think it will still have a high value, because the number of bitcoins has been limited from the first created. but I'm not too sure of what will happen next. currently I still have bitcoin as an asset

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