Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Uberse on May 14, 2018, 12:24:45 AM



Title: Bitcoin's volatility is a non-issue
Post by: Uberse on May 14, 2018, 12:24:45 AM
I know that this subject has been discussed many times before, but lest we forget when yet another conventional financial journalist, investor, money manager, perceived thought-leader et al pronounces on why Bitcoin will fail because it is too volatile to be used as a currency or store of value:

  • Each Bitcoin transaction is a zero-sum game -- one party benefits to the same extent that the other does not benefit. So one party is guaranteed always to be fine with the volatility. And neither party knows for sure (or at all) who that beneficiary will be.
  • The purchaser of a bitcoin has still spent the same amount of fiat no matter what the volatility after the purchase.
  • The premise that the aggrieved party could have done this or that instead of send someone a bitcoin that later appreciated in value has no more merit than to say that that party could have bought a stock or bond that later did well too. In each case, they simply did not have the information needed in time. Shoulda coulda woulda is not a valid argument.
  • If Bitcoin were impractical as a currency, the dark web would not use it. There would be no Bitcoin-using dark web. 
  • Many things have been used as currency. Anything tradeable and of proven long-term value (like gold) or expected shorter-term value (like packs of Kent cigarettes in communist Romania) can be used as a practical currency, and have. Before WWI, travelers checks had the rate of conversion printed on them because it was expected that the gold-back currencies backing them would be stable. And so they were. The fact that fiat currencies require electronic conversion-rate signs today shows that their stability is entirely an illusion. They are not stable.

The argument that Bitcoin's volatility specifically negates its value as a store of value is clearly false as well. Stocks and commodities and their futures (as well as the effective interest rates of some bonds) are highly volatile. The mantra is that you accept their risk in exchange for growth. Fine. But volatile Bitcoin has growth potential too -- lots of growth potential. Both Bitcoin and Ethereum, as systems of decentralized, immutable, economical, sustainable, and perfectly legal data-registration means that everyone will become their own notary public. The implications for intellectual property protection are arguably beyond what we can now imagine.

Underlying all of Bitcoin's volatility is an unchanging protocol that is proven to work -- and expected to grow.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Sinecoin on May 14, 2018, 01:19:52 AM
Volatility isnt a issue when it comes to bitcoin/crypto investors because there are many other types of volatile investments too.  People take issue with volatility because bitcoin is mean to be used as a currency and if its value keeps changing then merchants cant rely on it as an accepted payment method.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Elderman87 on May 14, 2018, 01:52:45 AM
It is a very big issue alright. Bitcoin is meant to be a base currency where virtually all other cryptocurrencies trade against. If its volatility begins to affect the coin movement of the community of altcoins, then it should be seen as a very serious issue that will hamper the growth of other coins


Title: Re: Bitcoin's volatility is a non-issue
Post by: pooya87 on May 14, 2018, 02:17:28 AM
bitcoin's volatility IS an issue but it is not that big. the media and the FUDsters love to make bigger. the fact is when bitcoin is so volatile that price can move up to 20% in one day it makes it harder to either invest or use as a currency. it doesn't mean people can't or won't use it. they are still investing in bitcoin and also using it as a currency even though it is volatile.
the difference is if it stops being that volatile, it will be used more as both a currency and an investment.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Spaffin on May 14, 2018, 04:48:18 AM
The arguments that the volatility of the crypto currency is not at all a problem is unconvincing. So far, due to the large volatility of the crypto currency, and primarily bitcoin, the states are very critical of it and this is one of the reasons for their rather weak and slow legalization.
It may also be that, at large price values, large volatility of bitcoin can lead to its complete or partial depreciation. If bitcoin will be very expensive, a sharp drop in it with normal volatility, if it coincides with negative information, can lead to panic that will work as a domino effect and bitcoin may depreciate in one or several days. Is this not worthy of attention and is not a problem related to volatility?


Title: Re: Bitcoin's volatility is a non-issue
Post by: pinkflower on May 14, 2018, 05:02:21 AM
I like Uberse's style. He stealthily included Ethereum in the article in a sentence that says both BTC and ETH are good stores of value lol.

Ethereum is not a good store of value because what it promises to deliver will not be delivered. Lets watch how long they can keep the ongoing scam last.


Title: Re: Bitcoin's volatility is a non-issue
Post by: HabBear on May 14, 2018, 05:19:34 AM
  • Each Bitcoin transaction is a zero-sum game -- one party benefits to the same extent that the other does not benefit. So one party is guaranteed always to be fine with the volatility. And neither party knows for sure (or at all) who that beneficiary will be.

Both parties benefit the same only in the exact moment in time that the transaction occurs. After that moment one party benefits more than the other. That's a fact, and due to that fact the timing of the transaction is very much an issue for both parties.

  • The purchaser of a bitcoin has still spent the same amount of fiat no matter what the volatility after the purchase.

No, I believe you have that opposite. Volatility after the purchase doesn't keep the purchaser from worrying about the issue that is the investment's volatility.

  • The premise that the aggrieved party could have done this or that instead of send someone a bitcoin that later appreciated in value has no more merit than to say that that party could have bought a stock or bond that later did well too. In each case, they simply did not have the information needed in time. Shoulda coulda woulda is not a valid argument.

Ok, ok, it's a sunk cost.

  • If Bitcoin were impractical as a currency, the dark web would not use it. There would be no Bitcoin-using dark web. 

Are you kidding? The dark web existed long before bitcoin. Bitcoin's practicality is strongest as an investment.


Title: Re: Bitcoin's volatility is a non-issue
Post by: mk4 on May 14, 2018, 05:47:39 AM
Bitcoin being volatile as a currency is slightly an issue in my opinion. I mean, in a business point of view, you wouldn't want to receive a $50 payment that could be $40 tomorrow(though it could also be $60). But there's almost nothing we can do about it in my opinion. Volatility will decrease as adoption comes.


Title: Re: Bitcoin's volatility is a non-issue
Post by: aoluain on May 14, 2018, 06:01:15 AM
My opinion is that if bitcoin was not so volatile that wouldnt suit traders.
Traders love the volatility, well experienced traders that is, the ones who
Can read the charts etc.

And if bitcoin was not so volatile there could probably be mor acceptance
in the marketplace for it to be used as a currency.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Pursuer on May 14, 2018, 06:22:11 AM
I like Uberse's style. He stealthily included Ethereum in the article in a sentence that says both BTC and ETH are good stores of value lol.

Ethereum is not a good store of value because what it promises to deliver will not be delivered. Lets watch how long they can keep the ongoing scam last.

good catch. they usually do this! they make an article which is about bitcoin at heart but they slyly include another altcoin's name in it to say this article is also covering that altcoin.
the fact is ethereum is one of the worst things you can invest in, not because of its volatility but because it is inflationary. there is no stopping that. the cap which should have been there is not there and there will be an unlimited number of Ethers in existence eventually. the future of it looks something like future of Doge coin.


Title: Re: Bitcoin's volatility is a non-issue
Post by: carter34 on May 14, 2018, 06:30:25 AM
The volatility is really an issue. An issue in the sense that it is usually the base currency and naturally, it should be so. It should not border traders though. It rules and control the other cryptocurrencies.


Title: Re: Bitcoin's volatility is a non-issue
Post by: jseverson on May 14, 2018, 06:42:14 AM

  • Each Bitcoin transaction is a zero-sum game -- one party benefits to the same extent that the other does not benefit. So one party is guaranteed always to be fine with the volatility. And neither party knows for sure (or at all) who that beneficiary will be.

You don't think this is a big issue at all? A small business with razor thin margins could very easily lose money and lose the capability to pay their suppliers in case of a slide. That alone makes accepting it unnecessarily risky and very far from ideal. It's fine peer-to-peer, but when you have an obligation to pay and a business to run, it's a significant variable you could just do away with. They could use a payment processor to mitigate the risks, but that also defeats the purpose.

Volatility could very well be a deal breaker in a few scenarios. While I acknowledge that it gets blown out of proportion here and there, it's certainly not a non-issue. If it works for you, and it does for most of us, great. That doesn't mean it will work for everyone else though. Volatility is a problem that can presumably be solved by time and adoption, and shouldn't be swept under the rug.


Title: Re: Bitcoin's volatility is a non-issue
Post by: freesia_pnp888 on May 14, 2018, 06:47:49 AM
but it's still concerning lots of people tbh, you juat can't pretend like it ain't there?


Title: Re: Bitcoin's volatility is a non-issue
Post by: Kakmakr on May 14, 2018, 06:48:41 AM
While I agree with you that volatility should not influence the store of value, I would disagree with you that it influences the merchants, when they accept Bitcoin directly. Some people cancel out this disadvantage by using payment processors for any payments that are received, but this is not the perfect solution. <This makes you reliant on third party services that are centralized>

The best way to avoid volatility is for you to change strategy. Take say 20% of all bitcoins received and hoard them and convert the other 80% to fiat, almost immediately to avoid too much volatility.


Title: Re: Bitcoin's volatility is a non-issue
Post by: talkbitcoin on May 14, 2018, 06:54:08 AM
i think you are confusing two things. volatility being an issue and volatility making bitcoin useless. there is a big difference between these two. volatility is an issue but at the same time the merchants/businesses will continue to accept it and people will continue to use bitcoin as payment (the millions of dollar that is being processed by the merchants is proving that.
but if volatility stopped and bitcoin became more stable then this usage will be increased by a lot which is showing it IS an issue.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Uno17 on May 14, 2018, 07:14:35 AM
It is an issue of course because everyone is vigilant with the bitcoin price everyday, but its volatility is also a part of its market fluctuation that we have to pass thru and that cannot be avoided situation, we just have to stay positive and believe that bitcoin is going live and lasts and it is worth investing and one day you will enjoy your profit also😊


Title: Re: Bitcoin's volatility is a non-issue
Post by: CryptoBry on May 14, 2018, 07:27:09 AM
Volatility isnt a issue when it comes to bitcoin/crypto investors because there are many other types of volatile investments too.  People take issue with volatility because bitcoin is mean to be used as a currency and if its value keeps changing then merchants cant rely on it as an accepted payment method.

Volatility in connection with Bitcoin can be viewed negatively or positively depending on the person or the type of person we are talking with. I am sure that traders are quite happy with Bitcoin's volatility because it can be an opportunity to earn more money but can be viewed in apposite by a newbie investor that can be rattled fast with the movement of Bitcoin value in the marketplace. Many merchants are also worried about volatility though there are now many ways they can protect their Bitcoin. Less volatility is not actually a guarantee that Bitcoin can be reaching the very mainstream population so the bottom line is that we just have to leave it to the market on what it will decide on this matter.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Manoj94 on May 14, 2018, 07:34:42 AM
Bitcoin has launched lightening network which would make blockckain network fast and reduces the cost involved in transection. Also Bitcoin can fall 30% to its top value, while other Crypto can fall 10% of their top value So Bitcoin is more stable than other Crypto.


Title: Re: Bitcoin's volatility is a non-issue
Post by: RNGfight on May 14, 2018, 07:59:17 AM
I also find it difficult to use bitcoin as a stable currency.
More often just as a zero sum game.


Title: Re: Bitcoin's volatility is a non-issue
Post by: ETHtotheMOON1 on May 14, 2018, 08:10:56 AM
I know that this subject has been discussed many times before, but lest we forget when yet another conventional financial journalist, investor, money manager, perceived thought-leader et al pronounces on why Bitcoin will fail because it is too volatile to be used as a currency or store of value:

  • Each Bitcoin transaction is a zero-sum game -- one party benefits to the same extent that the other does not benefit. So one party is guaranteed always to be fine with the volatility. And neither party knows for sure (or at all) who that beneficiary will be.
  • The purchaser of a bitcoin has still spent the same amount of fiat no matter what the volatility after the purchase.
  • The premise that the aggrieved party could have done this or that instead of send someone a bitcoin that later appreciated in value has no more merit than to say that that party could have bought a stock or bond that later did well too. In each case, they simply did not have the information needed in time. Shoulda coulda woulda is not a valid argument.
  • If Bitcoin were impractical as a currency, the dark web would not use it. There would be no Bitcoin-using dark web. 
  • Many things have been used as currency. Anything tradeable and of proven long-term value (like gold) or expected shorter-term value (like packs of Kent cigarettes in communist Romania) can be used as a practical currency, and have. Before WWI, travelers checks had the rate of conversion printed on them because it was expected that the gold-back currencies backing them would be stable. And so they were. The fact that fiat currencies require electronic conversion-rate signs today shows that their stability is entirely an illusion. They are not stable.

The argument that Bitcoin's volatility specifically negates its value as a store of value is clearly false as well. Stocks and commodities and their futures (as well as the effective interest rates of some bonds) are highly volatile. The mantra is that you accept their risk in exchange for growth. Fine. But volatile Bitcoin has growth potential too -- lots of growth potential. Both Bitcoin and Ethereum, as systems of decentralized, immutable, economical, sustainable, and perfectly legal data-registration means that everyone will become their own notary public. The implications for intellectual property protection are arguably beyond what we can now imagine.

Underlying all of Bitcoin's volatility is an unchanging protocol that is proven to work -- and expected to grow.

if people were to have all their money in crypto, it would be an issue. If they put just fraction of the funds there, let's say those eligible for short time spending, then it's not an issue at all


Title: Re: Bitcoin's volatility is a non-issue
Post by: Vertex_ICO on May 14, 2018, 08:45:26 AM
For people that all in and can't afford for things to dip then, I think it is a huge issue. But otherwise, I actually think it is a blessing.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Pan Troglodytes on May 14, 2018, 08:56:20 AM


I basically like your arguments and agree with them. I agree that high volatility is a non-issue in itself. Nevertheless you are missing one important aspect: transaction fees. They are low but whenever the volatility gets high, they get insanely high. And I think that the biggest issue currently is high transaction fees in times of large volatility and it is in fact a blocker for bitcoin being used as a currency.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Uberse on May 14, 2018, 03:52:41 PM

If bitcoin will be very expensive, a sharp drop in it with normal volatility, if it coincides with negative information, can lead to panic that will work as a domino effect and bitcoin may depreciate in one or several days. Is this not worthy of attention and is not a problem related to volatility?

But how did it get expensive in the first place? There was positive information which led to FOMA and worked as a domino effect and bitcoin appreciated in one or several days. This is indeed worthy of attention. Whether it is a problem in this case depends on whether you held on or sold before the appreciation. But it is my point that the problem is actually just one of perception. If you bought a bitcoin and transferred it for a good or service before the spike, that spike has not really hurt you. It may irritate you, but you paid a price for it that you decided was a good price for your immediate purposes at that time.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Uberse on May 14, 2018, 03:55:04 PM
I like Uberse's style. He stealthily included Ethereum in the article in a sentence that says both BTC and ETH are good stores of value lol.

Ethereum is not a good store of value because what it promises to deliver will not be delivered. Lets watch how long they can keep the ongoing scam last.

I just included Ethereum because it is a leading crypto, nothing stealthy intended. I should add that I bought Ethers during their presale and have been hodling ever since. If it's a scam it's an incredibly good one. But it is not a scam.


Title: Re: Bitcoin's volatility is a non-issue
Post by: suzanne5223 on May 14, 2018, 04:04:15 PM
Like you said OP the bitcoin volatility in nature is not an issue cause bitcoin volatility always work to the pumping is price aspect but the FUD which was said or posted online and the GOX flooding the market are the cause of the dumb in prize. Therefore, bitcoin is a good store of value.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Uberse on May 14, 2018, 09:09:06 PM

I basically like your arguments and agree with them. I agree that high volatility is a non-issue in itself. Nevertheless you are missing one important aspect: transaction fees. They are low but whenever the volatility gets high, they get insanely high. And I think that the biggest issue currently is high transaction fees in times of large volatility and it is in fact a blocker for bitcoin being used as a currency.

Good point, but I think the Lightening Network should eventually resolve the fee problem, and as I understand it fees are already a lot lower than they were during the last feeding frenzy. Eventually SegWit will become the dominant address format, helping to keep fees under control. But also, if Bitcoin fees do go sky high, more and more people will be willing to use Ether or Bitcoin Cash or Litecoin instead. Excessive Bitcoin fees will eventually go away completely because fewer and fewer people will be willing to pay them and will know how not to.



Title: Re: Bitcoin's volatility is a non-issue
Post by: Uberse on May 14, 2018, 09:35:43 PM

  • Each Bitcoin transaction is a zero-sum game -- one party benefits to the same extent that the other does not benefit. So one party is guaranteed always to be fine with the volatility. And neither party knows for sure (or at all) who that beneficiary will be.

You don't think this is a big issue at all? A small business with razor thin margins could very easily lose money and lose the capability to pay their suppliers in case of a slide. That alone makes accepting it unnecessarily risky and very far from ideal. It's fine peer-to-peer, but when you have an obligation to pay and a business to run, it's a significant variable you could just do away with. They could use a payment processor to mitigate the risks, but that also defeats the purpose.

Volatility could very well be a deal breaker in a few scenarios. While I acknowledge that it gets blown out of proportion here and there, it's certainly not a non-issue. If it works for you, and it does for most of us, great. That doesn't mean it will work for everyone else though. Volatility is a problem that can presumably be solved by time and adoption, and shouldn't be swept under the rug.

You make good points about merchants with razor-thin margins -- which is the condition of a lot of merchants, probably most by far. Those merchants would not be able to afford the risk of holding the bitcoins and so would miss out on any appreciation in their value after a sale. Clearly such businesses would only put a Bitcoin logo on their door if they thought it would bring in more business. It it was too much hassle too soon without benefit they would take the decals off.  I'm not sure what you mean that use of a payment processor defeats the purpose. The purpose is to increase sales and profits. If passing their bitcoins instantly through Coinbase for transfer to their bank account still results in enough more money to make the effort worthwhile, they would do it. I've made the point in other posts here that merchants might increase the feasibility of bitcoins by stipulating that there are absolutely no returns on bitcoin sales -- all sales final, and it would say so on the receipt. Also, bitcoin pricing could be highly flexible -- when the BTC price is rising, prices for BTC sales could be lower than the cash/credit-card price. When the BTC price is falling, such prices would be higher, maybe a lot higher -- ruthless pawn-shop rates.

I suspect that such merchants will eventually realize that, while BTC has volatility risk, it also has benefits that might be of unique value to them, more so than a chain or big box.


Title: Re: Bitcoin's volatility is a non-issue
Post by: tunapa on May 14, 2018, 10:16:27 PM
Volatility is common to all trading instruments, I dont think  that should be an isolated issue to be hammered on bitcoin alone. Every investment has it's risk and every investor should know this as well as know why they are investing into it. The value doesn't depreciate even with volatility so investors should jot be bothered about it.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Slark on May 14, 2018, 10:36:49 PM
Bitcoin has launched lightening network which would make blockckain network fast and reduces the cost involved in transection.
Cost of transactions is not that problematic at this point - it's OKay'ish. Of course I would like to have Lightning network functionality and speed.
But that LN won't make price stable all of a sudden.  Most people heard about bitcoin because of its volatile price - so I don't think that it is so bad after all.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Dondont on May 14, 2018, 10:47:16 PM
My opinion is that if bitcoin was not so volatile that wouldnt suit traders.
Traders love the volatility, well experienced traders that is, the ones who
Can read the charts etc.

And if bitcoin was not so volatile there could probably be mor acceptance
in the marketplace for it to be used as a currency.

indeed a person's ability to read charts or not is not a solution even for volatile market conditions. I think it's just one way to get a good position, the next thing is let the market decide.


Title: Re: Bitcoin's volatility is a non-issue
Post by: faceoff97 on May 14, 2018, 11:01:10 PM
Just like any other form of investment its common denominator is its volatility. The only difference is that bitcoin price is show too large changes in value in the most unexpected time. Well, bitcoin is kniwn to be like that since then. I think more people engage with brcause of this kind of feature. Bitcoin is not bitcoin if not volatile.


Title: Re: Bitcoin's volatility is a non-issue
Post by: thom88 on May 14, 2018, 11:02:59 PM
Volatility is OK but the amount that Bitcoin has is definitely an issue if it shall be adapted as a currency.


Title: Re: Bitcoin's volatility is a non-issue
Post by: colkcolk on May 15, 2018, 04:57:08 AM
The argument that Bitcoin's volatility specifically negates its value as a store of value is clearly false as well. Stocks and commodities and their futures (as well as the effective interest rates of some bonds) are highly volatile. The mantra is that you accept their risk in exchange for growth. Fine. But volatile Bitcoin has growth potential too -- lots of growth potential. Both Bitcoin and Ethereum, as systems of decentralized, immutable, economical, sustainable, and perfectly legal data-registration means that everyone will become their own notary public. The implications for intellectual property protection are arguably beyond what we can now imagine.
Underlying all of Bitcoin's volatility is an unchanging protocol that is proven to work -- and expected to grow.

This volatility can be seen negatively of positively, depends on the person seeing and intention to say negative or positive. Volatility can be utilized to collect more profit for scalper, but it is not to be worried to the long term trader or investor as this bitcoin or crypto principally will grow as the supply is limited.


Title: Re: Bitcoin's volatility is a non-issue
Post by: timerland on May 15, 2018, 10:24:09 AM
I've never see any actual bitcoin adopters say that they have an issue with bitcoin volatility. In fact, most are perfectly comfortable with putting the majority of their wealth in bitcoin for the long term, or accept bitcoin payments at face value (i.e., not converting/fixing BTC transactions to fiat value).

However, it still seems to be a constantly discussed "issue" by some, which I don't understand.

Yes, BTC is volatile, but it's still a long term store of value. They are not mutually exclusive. Bitcoin can still function as a currency, while being volatile, as proven by thousands of bitcoin accepting merchants and traders worldwide. It's all about perception, even though you perceive fiat as being not volatile, it's not a long term store of value at all. If you really do't believe in BTC at all, and you want to facilitate transactions, that's alright as well. You can always hedge your bitcoin transactions, it's easy as. It's literally the same as forex risk management if you're that concerned about it.


Title: Re: Bitcoin's volatility is a non-issue
Post by: ralle14 on May 15, 2018, 11:04:54 AM
Volatility is OK but the amount that Bitcoin has is definitely an issue if it shall be adapted as a currency.
The limited supply of Bitcoin won't be a huge problem once it becomes mainstream and you could send a smaller amount of Bitcoin aka satoshis if prices go up to $1mil

For people that all in and can't afford for things to dip then, I think it is a huge issue. But otherwise, I actually think it is a blessing.
That's why a lot of people doesn't recommend anyone to go all in on anything that involves risks. People who are new to investing doesn't expect or isn't ready to lose their money and once they lose money they start to complain about Bitcoin's this and that.


Title: Re: Bitcoin's volatility is a non-issue
Post by: squatz1 on May 15, 2018, 12:53:52 PM
That just simply isn't true, volatility in value is a huge problem when you're trying to establish yourself as a currency. Lets just say this sort of volatility was present in the USD, that would mean that one day everything I have could be worth 50 percent less (or more) then the last. While it is good when the price goes it, it isn't good at all (it's horribly catastrophic) if the price is to crash and you lose value in pretty much everything

Volatility must stop if we want to become a currency.


Title: Re: Bitcoin's volatility is a non-issue
Post by: DBronze98 on May 15, 2018, 12:56:46 PM
The Crypto market is an unfair floor, and so is Bitcoin. The big guys are the ones who hold the best things, can eliminate everything the way they want. With the profits of losing losers, do not be foolish to think that "win-win" is real.


Title: Re: Bitcoin's volatility is a non-issue
Post by: VitKoyn on May 15, 2018, 02:19:34 PM
The volatility of Bitcoin is only an issue to those people that wants to use it as a currency, and I think that there are only few since most people invest in Bitcoin because they want to earn profit from it not because they want to use it to pay or buy something. But of course it is an issue if most people will use it as a mode of payment, imagine a currency that worth $5 that became $10 and fall back to $1 in just a few minutes and the time that you will pay for what you bought or availed, are you willing to use that kind of currency? of course not and I doubt that stores and merchants will do without partnering with a payment processor.


Title: Re: Bitcoin's volatility is a non-issue
Post by: brickafterbrickwalldpt on May 15, 2018, 02:36:35 PM
Bitcoins price has been changing a lot lately. Many people say that it discourages others from buying it and cause a huge panic sell. THe only problem is that whales are buying a lot of BTC in order not to be late for the party. Thanks to the changing Bitcoin price it is fairly easy to earn a lot of money if you buy a dip and then sell it at ATH. It sounds easy, but many people don't do it or fail because they panic. THey have no faith in Bitcoin and that's why they are not ready to use it yet. They should have started with studying Bitcoin.


Title: Re: Bitcoin's volatility is a non-issue
Post by: jseverson on May 15, 2018, 03:16:34 PM
I'm not sure what you mean that use of a payment processor defeats the purpose. The purpose is to increase sales and profits. If passing their bitcoins instantly through Coinbase for transfer to their bank account still results in enough more money to make the effort worthwhile, they would do it. I've made the point in other posts here that merchants might increase the feasibility of bitcoins by stipulating that there are absolutely no returns on bitcoin sales -- all sales final, and it would say so on the receipt. Also, bitcoin pricing could be highly flexible -- when the BTC price is rising, prices for BTC sales could be lower than the cash/credit-card price. When the BTC price is falling, such prices would be higher, maybe a lot higher -- ruthless pawn-shop rates.

What I was trying to say is that Bitcoin was originally meant, in part, to eliminate third party payment processors and the fees associated with them. Using a payment processor would be no different than accepting credit card transactions, in essence, with the need to trust a third party.

But yeah, if it brings business in, go for it. It's true that it's more viable now than ever, given the fact that you could instantly convert Bitcoins into fiat using payment processors. Consider this, though: if Bitcoin wasn't volatile, you wouldn't need to pay for their services in the first place, and you won't need to adjust prices and margins every time Bitcoin goes bananas.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Lamisa asfiya on May 15, 2018, 05:39:56 PM
I think it is not a big problem for Bitcoin or crypto investors. Because many people have different types of volatile investments. People use currency as isolation because problems with people anxiety settles. Although its price changes, traders will not be completely dependent on it.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Dudeperfect on May 18, 2018, 03:52:16 PM
On the individual level, I don't really care about Bitcoin price volatility as I know that crypto is market having wild behaviour. However, for the businesses with a turnover of billions, even little volatility could cause the fluctuation (profit or loss) of millions and that would not be a good thing for the companies dealing in multiple nations. We must seek stability to scale up (especially in corporate sector) but since we are still in the development phase, I don't think that we will have stability at least for the next 5 to 20 years from now.


Title: Re: Bitcoin's volatility is a non-issue
Post by: sikaola on May 21, 2018, 10:17:18 AM

Strong fluctuations will affect other altcoins, you know that


Title: Re: Bitcoin's volatility is a non-issue
Post by: DilanBrown on May 21, 2018, 10:29:33 AM

Strong fluctuations will affect other altcoins, you know that

And this is the main problem for all other currencies ((


Title: Re: Bitcoin's volatility is a non-issue
Post by: vivekyuvan on May 21, 2018, 10:42:27 AM
If you’re new to cryptocurrencies, this kind of volatility can be dizzying (and painful if you invest at the wrong time), but if you take a closer look it starts to make sense. Here’s why Bitcoin’s price keeps changing so drastically, and why it may get more stable in the future.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Pan Troglodytes on May 21, 2018, 11:29:15 AM

I basically like your arguments and agree with them. I agree that high volatility is a non-issue in itself. Nevertheless you are missing one important aspect: transaction fees. They are low but whenever the volatility gets high, they get insanely high. And I think that the biggest issue currently is high transaction fees in times of large volatility and it is in fact a blocker for bitcoin being used as a currency.

Good point, but I think the Lightening Network should eventually resolve the fee problem, and as I understand it fees are already a lot lower than they were during the last feeding frenzy. Eventually SegWit will become the dominant address format, helping to keep fees under control. But also, if Bitcoin fees do go sky high, more and more people will be willing to use Ether or Bitcoin Cash or Litecoin instead. Excessive Bitcoin fees will eventually go away completely because fewer and fewer people will be willing to pay them and will know how not to.


I am sceptical here. Lightning Network is just an off-chain service (a third party service) trying to address the issue of high fees but I wouldn't be surprised to see it eventually abusing the faith people have in it and introducing fees of their own. I have seen it again and again with innovative online banks having a free (and free forever, as the ads would go) service only to introduce fees when they attracted a satisfactory user base.

What we need is an on-chain solution for high fees, SegWit was a part of a puzzle here, but not a whole answer, obviously.


Title: Re: Bitcoin's volatility is a non-issue
Post by: ivrynx on May 21, 2018, 11:45:43 AM
The Crypto market is an unfair floor, and so is Bitcoin. The big guys are the ones who hold the best things, can eliminate everything the way they want. With the profits of losing losers, do not be foolish to think that "win-win" is real.

I totally agree, those who can control the marker are those who have the largest share, there is no doubt that once they release their coins and take profit the market will seem to be bearish, just like what mt.gox had done, though they are just releasing a few thousands, the market still falls, the same goes with altcoins, once the whales make a pump and dump on a certain coin, you will really see their movement basing on the charts, there is no win-win situation for those who only have a few coins on their hand, but there is still hope though, they just need more education, still, they are not the ones that can create an impact they just need to learn how to ride the waves.
Volatility is still a factor, but can lower your risk if you know when the whales will move in order to lower your risk.


Title: Re: Bitcoin's volatility is a non-issue
Post by: badakjawa on May 21, 2018, 11:55:39 AM
yes, bitcoin volatility has no issue, everything is normal and stable, bitcoin only takes a long time to rise again and then create a bullish market.

lightning network and G20 support also can not make bitcoin rise fast, but only make bitcoin stable at 8K and 9K.


Title: Re: Bitcoin's volatility is a non-issue
Post by: jaaeeeyyyy on May 21, 2018, 01:00:36 PM
It is a very big issue alright. Bitcoin is meant to be a base currency where virtually all other cryptocurrencies trade against. If its volatility begins to affect the coin movement of the community of altcoins, then it should be seen as a very serious issue that will hamper the growth of other coins
Bitcoin's volatility is a big issue, well almost on all cryptocurrency which is in the market that can be buy and sell. For bitcoin's case which is the first era cryptocurrency obviously it gained a lot of trust from the investors and users so it has the highest demand on the market which made its volatility rate so high that it can really go from 0-100 or 100-0 in no time.


Title: Re: Bitcoin's volatility is a non-issue
Post by: joebrook on May 21, 2018, 02:00:36 PM
That just simply isn't true, volatility in value is a huge problem when you're trying to establish yourself as a currency. Lets just say this sort of volatility was present in the USD, that would mean that one day everything I have could be worth 50 percent less (or more) then the last. While it is good when the price goes it, it isn't good at all (it's horribly catastrophic) if the price is to crash and you lose value in pretty much everything

Volatility must stop if we want to become a currency.
Volatility is a very big deal in bitcoins and though in some ways it’s help people make money, its other effects are all negative because it’s the reason why most people are not investing anymore and why most businesses are not adopting bitcoin as a payment method.


Title: Re: Bitcoin's volatility is a non-issue
Post by: gabmen on May 21, 2018, 02:38:01 PM
That just simply isn't true, volatility in value is a huge problem when you're trying to establish yourself as a currency. Lets just say this sort of volatility was present in the USD, that would mean that one day everything I have could be worth 50 percent less (or more) then the last. While it is good when the price goes it, it isn't good at all (it's horribly catastrophic) if the price is to crash and you lose value in pretty much everything

Volatility must stop if we want to become a currency.
Volatility is a very big deal in bitcoins and though in some ways it’s help people make money, its other effects are all negative because it’s the reason why most people are not investing anymore and why most businesses are not adopting bitcoin as a payment method.

Well i don't think btc is trying to establish itself as a firm currency at this point. Btc is likely still at a growing stage and people don't see it yet as a currency. And people flock to it because of it's potential to produce profit. And that's because of it's volatile nature that people take advantage of.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Best Dreams on May 22, 2018, 06:23:40 PM
yes, bitcoin volatility has no issue, everything is normal and stable, bitcoin only takes a long time to rise again and then create a bullish market.

lightning network and G20 support also can not make bitcoin rise fast, but only make bitcoin stable at 8K and 9K.
You are right bitcoin price will be high and low it is not a big deal as if today price is low then there are 100% chances for it to become high, bitcoin has volatile nature which is best feature according to me because it gives people to opportunity to buy at low and sell at high for me I am really blessed  because I have got the chance to buy at cheap price of 9k two months ago while now price is almost 12k so it is increasing all this has become possible only with volatility of bitcoin.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Snaic on May 23, 2018, 06:35:15 PM
The volatility of bitcoin is not a problem for ordinary investors and traders who trade on stock exchanges. They can earn a good profit on bitcoin volatility. However, this is a big problem from the point of view of any state. To have such unstable money of such astronomical value is a headache for every state. From the point of view of the state, in order that bitcoin does not harm the country's economy, a very balanced and subtle regulation of it must be done.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Rudolph White on May 30, 2018, 03:46:05 AM
Don't worry. One reason why Bitcoin may fluctuate against fiat currencies is the perceived store of value versus the fiat currency. Bitcoin has properties that make it similar to gold.  It is governed by a design decision by the developers of the core technology to limit its production to a fixed amount, 21 million BTC.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Powerpuff on May 30, 2018, 06:51:18 AM
It's only volatile right now, and not ready for day to day use. We are still in the baby stages of this tech, it needs to grow into itself. Imagine when hard currency was first developed and how long it must have taken to gain mass acceptance, we are in the same boat. Bitcoin and crypto isn't just currency, it's a paradigm shift in what money and economics are.


Title: Re: Bitcoin's volatility is a non-issue
Post by: levvv on May 30, 2018, 07:04:10 AM
I know that this subject has been discussed many times before, but lest we forget when yet another conventional financial journalist, investor, money manager, perceived thought-leader et al pronounces on why Bitcoin will fail because it is too volatile to be used as a currency or store of value:

  • Each Bitcoin transaction is a zero-sum game -- one party benefits to the same extent that the other does not benefit. So one party is guaranteed always to be fine with the volatility. And neither party knows for sure (or at all) who that beneficiary will be.
  • The purchaser of a bitcoin has still spent the same amount of fiat no matter what the volatility after the purchase.
  • The premise that the aggrieved party could have done this or that instead of send someone a bitcoin that later appreciated in value has no more merit than to say that that party could have bought a stock or bond that later did well too. In each case, they simply did not have the information needed in time. Shoulda coulda woulda is not a valid argument.
  • If Bitcoin were impractical as a currency, the dark web would not use it. There would be no Bitcoin-using dark web. 
  • Many things have been used as currency. Anything tradeable and of proven long-term value (like gold) or expected shorter-term value (like packs of Kent cigarettes in communist Romania) can be used as a practical currency, and have. Before WWI, travelers checks had the rate of conversion printed on them because it was expected that the gold-back currencies backing them would be stable. And so they were. The fact that fiat currencies require electronic conversion-rate signs today shows that their stability is entirely an illusion. They are not stable.

The argument that Bitcoin's volatility specifically negates its value as a store of value is clearly false as well. Stocks and commodities and their futures (as well as the effective interest rates of some bonds) are highly volatile. The mantra is that you accept their risk in exchange for growth. Fine. But volatile Bitcoin has growth potential too -- lots of growth potential. Both Bitcoin and Ethereum, as systems of decentralized, immutable, economical, sustainable, and perfectly legal data-registration means that everyone will become their own notary public. The implications for intellectual property protection are arguably beyond what we can now imagine.

Underlying all of Bitcoin's volatility is an unchanging protocol that is proven to work -- and expected to grow.

A good analysis. There is nothing to be afraid with bitcoin and cryptocurrency volatility.
many traders using volatility to trade their coins. Volatility is not bad. it is giving a newcomer in crypto an easy way to join.
otherwise crypto price will be stable at high, making a small investors hard to join because the value already high.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Btcepoy11 on May 30, 2018, 07:18:00 AM
Before we do bitcoin we already know that it is so volatile, it is not an issue anymore. For being volatile bitcoin have a high value, and if we say volatile there's an opportunity with it.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Zahrowil Qolbi on May 30, 2018, 07:25:45 AM
I like Uberse's style. He stealthily included Ethereum in the article in a sentence that says both BTC and ETH are good stores of value lol.

Ethereum is not a good store of value because what it promises to deliver will not be delivered. Lets watch how long they can keep the ongoing scam last.

I totally agree with your views. they often do this. they often make articles that are about bitcoin but they cunningly put another altcoin name in it to say this article also includes the altcoin. the fact is that ethereum is one of the worst things you can invest, not because of its volatility but because it is inflationary.


Title: Re: Bitcoin's volatility is a non-issue
Post by: suraza21 on May 30, 2018, 07:26:23 AM
It is a very big issue alright. Bitcoin is meant to be a base currency where virtually all other cryptocurrencies trade against. If its volatility begins to affect the coin movement of the community of altcoins, then it should be seen as a very serious issue that will hamper the growth of other coins
I agree with the view that bitcoin's fluctuations are not the main problem in the cause of the changes that make it fluctuate, since it is its attribute so we may not care about the characteristic. of them


Title: Re: Bitcoin's volatility is a non-issue
Post by: a_t_e_e_b on May 30, 2018, 10:57:18 AM
it is a issue as due to this volatile nature it is not being able to be used as main stream currency
but on the other hand it is a important for trading as this volatile nature helps to keep the market alive and active


Title: Re: Bitcoin's volatility is a non-issue
Post by: Faithgg on May 30, 2018, 12:06:55 PM
Bitcoin is a startup currency. It means that a startup currency would be highly volatile because people are still experimenting with the currency to find out how useful it is. However, as we learn more about the Bitcoin platform's potential, the uncertainty will diminish and as a result volatility will decrease.


Title: Re: Bitcoin's volatility is a non-issue
Post by: crzy on May 30, 2018, 12:10:48 PM
Because of this volatility, bitcoin is now more on investment instead of a currency.
Volatility will stay on this market, so I think its not an issue if you are just trading or investing but with regards to making bitcoin as a mode of payment I think its quiet risky because the value is changes every seconds. Bitcoin is a highly volatile coin, and this is what traders want from a strong coin.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Name: Claudio on May 30, 2018, 12:33:40 PM
My opinion is that if bitcoin was not so volatile that wouldnt suit traders.
Traders love the volatility, well experienced traders that is, the ones who
Can read the charts etc.

And if bitcoin was not so volatile there could probably be mor acceptance
in the marketplace for it to be used as a currency.

yes you are right, volatile of Bitcoin is the one make traders challenging.
How would they even trade if the price is so stable, right?
I think it is good to have a currency also that always change its price.


Title: Re: Bitcoin's volatility is a non-issue
Post by: KluFf on May 30, 2018, 12:34:55 PM
I know that this subject has been discussed many times before, but lest we forget when yet another conventional financial journalist, investor, money manager, perceived thought-leader et al pronounces on why Bitcoin will fail because it is too volatile to be used as a currency or store of value:

  • Each Bitcoin transaction is a zero-sum game -- one party benefits to the same extent that the other does not benefit. So one party is guaranteed always to be fine with the volatility. And neither party knows for sure (or at all) who that beneficiary will be.
  • The purchaser of a bitcoin has still spent the same amount of fiat no matter what the volatility after the purchase.
  • The premise that the aggrieved party could have done this or that instead of send someone a bitcoin that later appreciated in value has no more merit than to say that that party could have bought a stock or bond that later did well too. In each case, they simply did not have the information needed in time. Shoulda coulda woulda is not a valid argument.
  • If Bitcoin were impractical as a currency, the dark web would not use it. There would be no Bitcoin-using dark web. 
  • Many things have been used as currency. Anything tradeable and of proven long-term value (like gold) or expected shorter-term value (like packs of Kent cigarettes in communist Romania) can be used as a practical currency, and have. Before WWI, travelers checks had the rate of conversion printed on them because it was expected that the gold-back currencies backing them would be stable. And so they were. The fact that fiat currencies require electronic conversion-rate signs today shows that their stability is entirely an illusion. They are not stable.

The argument that Bitcoin's volatility specifically negates its value as a store of value is clearly false as well. Stocks and commodities and their futures (as well as the effective interest rates of some bonds) are highly volatile. The mantra is that you accept their risk in exchange for growth. Fine. But volatile Bitcoin has growth potential too -- lots of growth potential. Both Bitcoin and Ethereum, as systems of decentralized, immutable, economical, sustainable, and perfectly legal data-registration means that everyone will become their own notary public. The implications for intellectual property protection are arguably beyond what we can now imagine.

Underlying all of Bitcoin's volatility is an unchanging protocol that is proven to work -- and expected to grow.
i agree with you .
you notice the volatility in the rate of the Bitcoin per dollar .
you notice a lose of 1% is a huge Dollar price  affects . and you will say Bitcoin is Volatile .
because of the drop of bitcoin price via dollar.
i think it is okay because we all know that it will be go back soon .. and it favors if a green 1% will give a huge impact of the Price per Dollar of Bitcoin


Title: Re: Bitcoin's volatility is a non-issue
Post by: Yman73 on May 30, 2018, 12:44:15 PM
I do think it is an issue and it is a reason why it is not being able to replace the currencies which are used all over the world 


Title: Re: Bitcoin's volatility is a non-issue
Post by: Park Minseo on May 30, 2018, 12:47:14 PM
Let's make some question and answer it. A lot of people view Bitcoin as a replacement for conventional currencies, but I think that's a mistake. Bitcoin is far more likely to serve niches that conventional currencies don't serve well. The question, then, is not whether people will want to use a volatile currency for everything. Rather, it's whether there are specific applications where people will consider the volatility to be a reasonable cost to pay in exchange for Bitcoin's unique benefits.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Fourgh on May 30, 2018, 12:51:20 PM
Votality is just part of the game. It's more on a waiting game. You loss some or earn some it really depends on how you trade or sell.


Title: Re: Bitcoin's volatility is a non-issue
Post by: samoilov on May 30, 2018, 12:59:35 PM
It is a very big issue specially for small transactions. This is something stopping bitcoins from becoming most popular currency.


Title: Re: Bitcoin's volatility is a non-issue
Post by: lakita on May 31, 2018, 06:26:42 AM

It's not a problem for long-term investors, but short-term investment is meaningful for traders


Title: Re: Bitcoin's volatility is a non-issue
Post by: lekleklek on May 31, 2018, 06:32:49 AM
What will the catalyst be that makes bitcoin less volatile and thus more usable as a currency?


Title: Re: Bitcoin's volatility is a non-issue
Post by: thomas daniel on May 31, 2018, 09:50:35 AM
The point is that Bitcoin has capabilities that no other payment technology has: anonymity, low transaction costs, and low barriers to entry. For at least some applications, those advantages are likely to be sufficiently compelling that people will see the volatility as a manageable risk.


Title: Re: Bitcoin's volatility is a non-issue
Post by: EtherATM on May 31, 2018, 10:59:10 AM
Volatility isnt a issue when it comes to bitcoin/crypto investors because there are many other types of volatile investments too.  People take issue with volatility because bitcoin is mean to be used as a currency and if its value keeps changing then merchants cant rely on it as an accepted payment method.

Volatility in connection with Bitcoin can be viewed negatively or positively depending on the person or the type of person we are talking with. I am sure that traders are quite happy with Bitcoin's volatility because it can be an opportunity to earn more money but can be viewed in apposite by a newbie investor that can be rattled fast with the movement of Bitcoin value in the marketplace. Many merchants are also worried about volatility though there are now many ways they can protect their Bitcoin. Less volatility is not actually a guarantee that Bitcoin can be reaching the very mainstream population so the bottom line is that we just have to leave it to the market on what it will decide on this matter.
Yep, I support your opinion guy. It’s up to everyone attitude that it can bring us benefits or drawbacks. I’m kind of interested in its highly volatile, and I’m sure that many people do likewise. Because through this volatility, I almost don’t get too much panic whenever the price’s getting down, as I know that anyways it will never be in dip forever, it definitely has a rise again. Volitility, however, can lead anyone to be losed a lot. In a nutshell, if you can take advantage of this bitcoin characteristic, you can reap a huge fruits.


Title: Re: Bitcoin's volatility is a non-issue
Post by: BarbieCasino on May 31, 2018, 11:29:22 AM

It's not a problem for long-term investors, but short-term investment is meaningful for traders
yes longterm investor can gain highest profit form bitcoin because bitcoin price are increase and increase for long term. but short term investors are also gain profit from bitcoin when they sell they bitcoin on profit but it will be low profit. because bicoin always return highest profit to their long term investors. bitcoin is the one only currency which given profit to all types of their investors.


Title: Re: Bitcoin's volatility is a non-issue
Post by: nanasei on May 31, 2018, 11:36:12 AM
Bitcoin liquidity accounts for the volatility in the market. If no one is demanding or supplying at a rapid manner,bitcoin price will  then be stable for asset managers or hedge funds to play with


Title: Re: Bitcoin's volatility is a non-issue
Post by: pimkobai on May 31, 2018, 12:45:30 PM
I think everyone who has been for a while in this forum had already been aware of bitcoin's volatility and the longer you participate in the bounty campaign, you may tend to understand that it's just the way it is with cryptocurrency. In my opinion, it is no longer of an issue in the crypto currency market and it is something that we should try to study and analyze to become successful with our investments despite of it's being volatile as a currency.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Jayskie15 on May 31, 2018, 01:12:31 PM
Bitcoin is meant to be a base currency where virtually all other cryptocurrencies trade against. They are still investing in bitcoin and also using it as a currency even though it is volatile. The volatility is really an issue.It is an issue of course because everyone is vigilant with the bitcoin price everyday.


Title: Re: Bitcoin's volatility is a non-issue
Post by: saffira on May 31, 2018, 01:34:14 PM
Volatility issue is not just in cryptocurrency. It is a change. The constant thing is change. It is just a big issue because of its high value. In any investment volatility exists. Some are just not as big issue as bitcoin have. The only difference is they have different risk.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Drolmin on May 31, 2018, 01:51:50 PM
Volatility is an issue with all types of currency in any type of market. Any time that the value of something is determined by the wider public and their demand or supply. Bitcoin's value is affected by a variety as factors so the price will always be moving. People spread a lot of FUD about Crypto on this basis but if they paid attention then they would realise that there are people making a ton of profit from the amounts of volatility.They might just be better at it then some other people  ;D


Title: Re: Bitcoin's volatility is a non-issue
Post by: hanapertiwi on June 01, 2018, 07:47:09 PM
The argument that Bitcoin's volatility specifically negates its value as a value keeper is also wrong. Stocks and commodities and their futures (as well as the effective interest rates of some bonds) are highly unstable. The spark is that you accept the risks in return for growth.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Antonina on June 02, 2018, 08:28:35 PM
I really love your arguments and often agree with them. I agree that high volatility in itself is not a problem. However, you lack one important component -transaction fees


Title: Re: Bitcoin's volatility is a non-issue
Post by: zuninholo on June 04, 2018, 09:27:57 AM
In this market volatility is trivial,
It can rise and fall day by day, so that's not our problem


Title: Re: Bitcoin's volatility is a non-issue
Post by: Abigail Asi on June 06, 2018, 07:45:14 AM
Volatility in bitcoin is normal. Once a while, the price rises and drops day by day but I think That's not an issue though.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Uberse on June 06, 2018, 04:52:33 PM
I really love your arguments and often agree with them. I agree that high volatility in itself is not a problem. However, you lack one important component -transaction fees

They are dropping (for the moment anyway) and probably will fall further once the Lightning Network is up and running. But remember in a rising market retailers will hold their bitcoins anyway. Those who can afford to will hodl in a falling market and those who cannot afford to will not accept bitcoins in the first place. Still, there will be merchants who will indeed incur fees as they panic and convert to fiat. In effect they will be day-trading.


Title: Re: Bitcoin's volatility is a non-issue
Post by: thinkabout on July 12, 2018, 03:27:36 AM
Fluctuations are not a big problem because other types of investments are also common. However, because btc volatility makes it impossible for investors to treat it as a form of payment, it becomes more difficult for them.


Title: Re: Bitcoin's volatility is a non-issue
Post by: almaroof on July 12, 2018, 03:35:02 AM
Bitcoin is too volatile and this will continue to scare new investors especially those with poor trading skill. Most time exchanges and devs are responsible for this act


Title: Re: Bitcoin's volatility is a non-issue
Post by: nagobinga on July 12, 2018, 04:26:32 AM
bitcoin has become famous all over the world we do not need kwatir anymore and it is safe to play and whether this can be a very long time.


Title: Re: Bitcoin's volatility is a non-issue
Post by: vdhsas on July 12, 2018, 05:54:36 AM
Volatility is because Bitcoin is treated as an investment product, but Bitcoin appears to represent money itself, so we should not consider the volatility of Bitcoin, but consider its actual value.


Title: Re: Bitcoin's volatility is a non-issue
Post by: richardson1128 on July 12, 2018, 06:22:59 AM
This is true, bitcoin is very volatile just like other currencies such as fiat. But, wether we like it or not bitcoin will always be volatile no matter what happens as it relies to people doing effort to keep it in that state, unlike physical money where there are leaders across the nations where they set the currency according to its economy, does bitcoin has its economy?


Title: Re: Bitcoin's volatility is a non-issue
Post by: abiola4real on July 12, 2018, 07:27:19 AM
The volatility is actually an issue which is stopping some investors from putting their money into it because they fear the loss since they can't predict if price will drop or increase..


Title: Re: Bitcoin's volatility is a non-issue
Post by: efxtrader on July 12, 2018, 07:28:04 AM
Volatility in bitcoin price is just for short time. I think the real issue in cryptocurrency is government regulation. Its affecting on investor because if cryptocurrrency market have regulation from government, they will more confident to investing more money in market.
Beside that, news about regulation affecting on price fluctuation.


Title: Re: Bitcoin's volatility is a non-issue
Post by: popelene1 on July 12, 2018, 07:33:07 AM
Its not issues but its also making people not to have confidence in investing on it, Anyone that check the ATH of bitcoin last December and compared to the current price will be afraid to invest her money..


Title: Re: Bitcoin's volatility is a non-issue
Post by: Kayuslawal on July 12, 2018, 07:58:49 AM
Bitcoin volatility is causing problems to bitcoin, we dont want to loose thinking the price used to change every minute ,with this some people just wont trust it so they wont loose their money invested


Title: Re: Bitcoin's volatility is a non-issue
Post by: erundook on July 12, 2018, 01:46:59 PM
It looks like the list of evidences about bitcoins trustworthiness, but thank you anyway because in this hardship times we need some encouragement and to get some more assurance in the things that we do.


Title: Re: Bitcoin's volatility is a non-issue
Post by: money_amount on July 12, 2018, 01:56:04 PM
If you have a lot of knowledge about investing, I think it's not a problem. Traders in the day they are not afraid of the market down. They have a lot of knowledge to invest in this market.


Title: Re: Bitcoin's volatility is a non-issue
Post by: greengate01 on July 12, 2018, 02:00:24 PM
Volatility in bitcoin is normal. Once a while, the price rises and drops day by day but I think That's not an issue though.

Yes of course,volatility of Bitcoin is normal and still it an issue because this is what the investors depends on.From this we can see how the demands rise and fall.


Title: Re: Bitcoin's volatility is a non-issue
Post by: carlisle1 on July 12, 2018, 02:08:05 PM
Volatility isnt a issue when it comes to bitcoin/crypto investors because there are many other types of volatile investments too.  People take issue with volatility because bitcoin is mean to be used as a currency and if its value keeps changing then merchants cant rely on it as an accepted payment method.

Would you mind mate letting me know whats those many types of volatile investing?sorry to ask but i just want you to enlighten me regarding this because my knowledge is limited towards this thanks for the response

And regarding to OPs point well i think volatility of  bitcoin wont bring this down instead this is the reason why will we become richer soon,thats the price of this that increases because of volatility


Title: Re: Bitcoin's volatility is a non-issue
Post by: Jamescur on July 12, 2018, 02:22:43 PM
The volatility of BTC indicates the potential value of BTC! People with valuable things are willing to invest!
High volatility implies an opportunity for high returns. Bitcoin has given excellent returns


Title: Re: Bitcoin's volatility is a non-issue
Post by: centive on July 12, 2018, 02:27:41 PM
Volatility and Liquidity are inter-related. Prices become volatile when there's no liquidity. So, volatility - depending on how you see it is an opportunity (for traders), and risk (for institutional investors).

Whence liquidity is improved, this will ideally reduce volatility, and encourage both side (traders + institutions) to trade bitcoin or invest.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Ridwan Fauzi on July 12, 2018, 02:33:11 PM
Volatility in bitcoin price is just for short time. I think the real issue in cryptocurrency is government regulation. Its affecting on investor because if cryptocurrrency market have regulation from government, they will more confident to investing more money in market.
Beside that, news about regulation affecting on price fluctuation.
So for you the volatility of bitcoin price is depend on regulation of government? it's just part of the cause of volatile bitcoin prices. There are still many reasons why bitcoin prices are always on the move, for instance, day trading will always provide a rapid price change effect of a trader's focus not only on information but technical analysts can be part of their strategy.


Title: Re: Bitcoin's volatility is a non-issue
Post by: florinigna on July 12, 2018, 02:35:03 PM
No business would like to deal in such a currency. It makes it a failure as a payment system thus limiting its growth.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Simon241084 on July 15, 2018, 04:20:39 AM
The media and the Fudsters like to do bigger. It does not mean that people can not or will not use it. The difference is that if it stops being volatile, it will be more used as both currency and investment. So far, due to the great fluctuations of electronic money, and mostly bitcoin, states are very important and this is one of the reasons for their legalization to be quite weak and slow. If bitcoin would be very expensive , sharply with normal fluctuations, if it coincides with negative information, may lead to panic that will act as a domino effect and bitcoin may lose value in a day or two.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Swanh on July 15, 2018, 09:05:15 AM
I know that this subject has been discussed many times before, but lest we forget when yet another conventional financial journalist, investor, money manager, perceived thought-leader et al pronounces on why Bitcoin will fail because it is too volatile to be used as a currency or store of value:

  • Each Bitcoin transaction is a zero-sum game -- one party benefits to the same extent that the other does not benefit. So one party is guaranteed always to be fine with the volatility. And neither party knows for sure (or at all) who that beneficiary will be.
  • The purchaser of a bitcoin has still spent the same amount of fiat no matter what the volatility after the purchase.
  • The premise that the aggrieved party could have done this or that instead of send someone a bitcoin that later appreciated in value has no more merit than to say that that party could have bought a stock or bond that later did well too. In each case, they simply did not have the information needed in time. Shoulda coulda woulda is not a valid argument.
  • If Bitcoin were impractical as a currency, the dark web would not use it. There would be no Bitcoin-using dark web. 
  • Many things have been used as currency. Anything tradeable and of proven long-term value (like gold) or expected shorter-term value (like packs of Kent cigarettes in communist Romania) can be used as a practical currency, and have. Before WWI, travelers checks had the rate of conversion printed on them because it was expected that the gold-back currencies backing them would be stable. And so they were. The fact that fiat currencies require electronic conversion-rate signs today shows that their stability is entirely an illusion. They are not stable.

The argument that Bitcoin's volatility specifically negates its value as a store of value is clearly false as well. Stocks and commodities and their futures (as well as the effective interest rates of some bonds) are highly volatile. The mantra is that you accept their risk in exchange for growth. Fine. But volatile Bitcoin has growth potential too -- lots of growth potential. Both Bitcoin and Ethereum, as systems of decentralized, immutable, economical, sustainable, and perfectly legal data-registration means that everyone will become their own notary public. The implications for intellectual property protection are arguably beyond what we can now imagine.

Underlying all of Bitcoin's volatility is an unchanging protocol that is proven to work -- and expected to grow.
There are several factors causing volatility in the market.However,I believe that unregulated market and lack of maturity are biggest reasons for it.The market is unregulated so anyone can trade with any amount from any corner of the world and he can do it at anytime of the day so a big volume affects the price.


Title: Re: Bitcoin's volatility is a non-issue
Post by: TheGodFather on July 15, 2018, 09:18:58 AM
I know that this subject has been discussed many times before, but lest we forget when yet another conventional financial journalist, investor, money manager, perceived thought-leader et al pronounces on why Bitcoin will fail because it is too volatile to be used as a currency or store of value:

  • Each Bitcoin transaction is a zero-sum game -- one party benefits to the same extent that the other does not benefit. So one party is guaranteed always to be fine with the volatility. And neither party knows for sure (or at all) who that beneficiary will be.
  • The purchaser of a bitcoin has still spent the same amount of fiat no matter what the volatility after the purchase.
  • The premise that the aggrieved party could have done this or that instead of send someone a bitcoin that later appreciated in value has no more merit than to say that that party could have bought a stock or bond that later did well too. In each case, they simply did not have the information needed in time. Shoulda coulda woulda is not a valid argument.
  • If Bitcoin were impractical as a currency, the dark web would not use it. There would be no Bitcoin-using dark web. 
  • Many things have been used as currency. Anything tradeable and of proven long-term value (like gold) or expected shorter-term value (like packs of Kent cigarettes in communist Romania) can be used as a practical currency, and have. Before WWI, travelers checks had the rate of conversion printed on them because it was expected that the gold-back currencies backing them would be stable. And so they were. The fact that fiat currencies require electronic conversion-rate signs today shows that their stability is entirely an illusion. They are not stable.

The argument that Bitcoin's volatility specifically negates its value as a store of value is clearly false as well. Stocks and commodities and their futures (as well as the effective interest rates of some bonds) are highly volatile. The mantra is that you accept their risk in exchange for growth. Fine. But volatile Bitcoin has growth potential too -- lots of growth potential. Both Bitcoin and Ethereum, as systems of decentralized, immutable, economical, sustainable, and perfectly legal data-registration means that everyone will become their own notary public. The implications for intellectual property protection are arguably beyond what we can now imagine.

Underlying all of Bitcoin's volatility is an unchanging protocol that is proven to work -- and expected to grow.

Everything would always have a good side and the bad side and pur way of perceiving things would always come from the mentality and the mindset that we have in that moment. With bitcoin some people would think that the volaitlity is something that they can live with as they know or assuming that the price would go up and things would go normal. For most, this is an investment and the volatility can impact how they can do business whether trading or something else.


Title: Re: Bitcoin's volatility is a non-issue
Post by: kornilovatur on July 15, 2018, 09:24:43 AM
Those who are investing it as long term investment will not mid it. But for a regular business with daily payments, it can be a huge issue.


Title: Re: Bitcoin's volatility is a non-issue
Post by: opendata on July 15, 2018, 06:10:51 PM
yes bitcoin volatility is not a big issue because of peoples getting panic when market is down because its a cryptocurrency but this same thing happen with shares and stock market. if market goes down then definitely in few times market go up so no need to panic for this volatile market Because bitcoin change many peoples live and many investors getting profit from this currency.


Title: Re: Bitcoin's volatility is a non-issue
Post by: ZahaRip on July 15, 2018, 06:18:32 PM
I believe this decline is only temporary and then it will be a strong revival of Bitcoin. I see this when looking at 2017 of bitcoin
the year that passed was hipoly, this sludge after a year of hype, waiting for the start of the next there and start buying as young bulls.


Title: Re: Bitcoin's volatility is a non-issue
Post by: ppifvtpu on July 15, 2018, 06:22:36 PM
The market is still very immature, it is normal to have violent fluctuations, and it is not necessary to care too much about the volatility of bitcoin. It is necessary to invest in a long term if it is going to invest in the encrypted world.


Title: Re: Bitcoin's volatility is a non-issue
Post by: yurekaa on July 15, 2018, 06:28:23 PM
for some people bitcoin price volatility has no effect, but if bitcoin is used as a legitimate currency then it is very bad for all bitcoin users because bitcoin does not have a standard value or patent that can harm us as bitcoin users.


Title: Re: Bitcoin's volatility is a non-issue
Post by: erundook on July 16, 2018, 01:46:20 PM
It is the thing that I used to explain the non-crypto people what is Bitcoin and why it is working, I say then that many things were used in the past as a currency and also as a payment method, and so many of them had just agreed value, not the real value.


Title: Re: Bitcoin's volatility is a non-issue
Post by: emmyxpress19 on July 16, 2018, 01:51:25 PM
as a crypto trader, volatility of bitcoin is not an issue or a big deal to me, i beg to believe that its through market volatile a good trader make profit... but from the perspective of bitcoin as a store of value, volatility is bad for it if it truly want to be accept as store of value


Title: Re: Bitcoin's volatility is a non-issue
Post by: somebadger on July 16, 2018, 01:57:10 PM
Well most people consider this as something bad, i like the volatility because it can help you out to make a bunch of money, or to loss a bunch of it. That is why i like volatility, but there are some people that don't like bitcoin because of it, and it is sad


Title: Re: Bitcoin's volatility is a non-issue
Post by: ZahaRip on July 17, 2018, 11:56:00 AM
Bitcoins' volatility is not an issue.  You can use its volatility in a positive way. When the price is low, buy it , then sell it when its value goes higher.
for short-term investments it is really good, but for mutual settlements it is very bad. You have transferred the amount of $ 1000? and you only got $ 900 in volatility. this is not acceptable for mutual settlements.


Title: Re: Bitcoin's volatility is a non-issue
Post by: sitnibtc on July 18, 2018, 11:18:57 AM
It really is no issue if we are considering bitcoin as an investment simce there are many investments there that are volatile. But as a currency it is an issue because we can't have a currency that can just decrease in value in just months.


Title: Re: Bitcoin's volatility is a non-issue
Post by: cheezcarls on July 18, 2018, 11:21:31 AM
Of course, Bitcoin and other decentralized cryptocurrencies in the market are highly volatile and unpredictable. For me, I don’t think there is an issue about it as it was designed for long-term. The future is bright for those who buy and hold Bitcoin, as well as skilled day traders out there. Just my two sats.


Title: Re: Bitcoin's volatility is a non-issue
Post by: ZahaRip on July 18, 2018, 12:40:19 PM
It really is no issue if we are considering bitcoin as an investment simce there are many investments there that are volatile. But as a currency it is an issue because we can't have a currency that can just decrease in value in just months.
if you speculate, you only need to choose on which timeframe you work daily or weekly. and if you invest, you need to choose an entry point, now is the time.


Title: Re: Bitcoin's volatility is a non-issue
Post by: calumbautista23 on July 18, 2018, 12:59:23 PM
It is an issue alright if we are to look at bitcoin as a currency. We can't have an unstable value for a curency. But as as investment it surely is not an issue.


Title: Re: Bitcoin's volatility is a non-issue
Post by: olyolali on July 18, 2018, 03:20:52 PM
Nilai total dari bitcoin yang beredar dan jumlah bisnis yang menggunakan Bitcoin masih sangat kecil dibanding yang semestinya. Karena itu, acara-acara kecil, perdagangan, ataupun aktivitas bisnis dapat secara signifikan mempengaruhi harga bitcoin. Secara teori, volatilitas ini akan berkurang seiring berkembangnya pasar dan teknologi Bitcoin. Sebelumnya tidak pernah ada mata uang yang diciptakan sendiri, sehingga sangat sulit (dan menarik) untuk membayangkan perkembangan apa yang akan terjadi selanjutnya.


Title: Re: Bitcoin's volatility is a non-issue
Post by: indayburakday012 on July 18, 2018, 03:24:33 PM
Of course volatility is the main reason why people love to invest in cryptocurrency. Taking on its advantage about its volatility and earn. Having fluctuations is very good sign that cryptocurrency is in healthy condition. FOr the times like this which market price for bitcoin has fall it should be nothing to worry about instead it will be the best time to buy crypto or bitcoin.


Title: Re: Bitcoin's volatility is a non-issue
Post by: rose8963 on July 18, 2018, 03:27:58 PM
I know that this subject has been discussed many times before, but lest we forget when yet another conventional financial journalist, investor, money manager, perceived thought-leader et al pronounces on why Bitcoin will fail because it is too volatile to be used as a currency or store of value:

  • Each Bitcoin transaction is a zero-sum game -- one party benefits to the same extent that the other does not benefit. So one party is guaranteed always to be fine with the volatility. And neither party knows for sure (or at all) who that beneficiary will be.
  • The purchaser of a bitcoin has still spent the same amount of fiat no matter what the volatility after the purchase.
  • The premise that the aggrieved party could have done this or that instead of send someone a bitcoin that later appreciated in value has no more merit than to say that that party could have bought a stock or bond that later did well too. In each case, they simply did not have the information needed in time. Shoulda coulda woulda is not a valid argument.
  • If Bitcoin were impractical as a currency, the dark web would not use it. There would be no Bitcoin-using dark web. 
  • Many things have been used as currency. Anything tradeable and of proven long-term value (like gold) or expected shorter-term value (like packs of Kent cigarettes in communist Romania) can be used as a practical currency, and have. Before WWI, travelers checks had the rate of conversion printed on them because it was expected that the gold-back currencies backing them would be stable. And so they were. The fact that fiat currencies require electronic conversion-rate signs today shows that their stability is entirely an illusion. They are not stable.

The argument that Bitcoin's volatility specifically negates its value as a store of value is clearly false as well. Stocks and commodities and their futures (as well as the effective interest rates of some bonds) are highly volatile. The mantra is that you accept their risk in exchange for growth. Fine. But volatile Bitcoin has growth potential too -- lots of growth potential. Both Bitcoin and Ethereum, as systems of decentralized, immutable, economical, sustainable, and perfectly legal data-registration means that everyone will become their own notary public. The implications for intellectual property protection are arguably beyond what we can now imagine.

Underlying all of Bitcoin's volatility is an unchanging protocol that is proven to work -- and expected to grow.
I believe that bitcoin prices are on a strong recovery, you can see that in 2017 at this time bitcoin prices are also fluctuating a lot and can see that the market is constantly moving and follow the right The price of bitcoin is rebounding strongly throughout the past year and I believe it will continue to rise to the $ 8000 level. I believe that bitcoin prices will recover very quickly and the market is showing very positive signals.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Nakakapagpabagabag on July 18, 2018, 03:33:03 PM
Of course, Bitcoin and other decentralized cryptocurrencies in the market are highly volatile and unpredictable. For me, I don’t think there is an issue about it as it was designed for long-term. The future is bright for those who buy and hold Bitcoin, as well as skilled day traders out there. Just my two sats.
For me its a non issue for people that really knows about bitcoin, and its a issue for some that dont know about it. There are some people that only want to invest but dont do a research about the thing they're investing, and when the price of bitcoin decrease, they're going to panic selling, they dont know that its normal because it was volatile, means that the price is rapidly changing and its unpredictable to know if its going to increase or decrease.


Title: Re: Bitcoin's volatility is a non-issue
Post by: dodongrrr on July 18, 2018, 03:46:43 PM
Of course, Bitcoin and other decentralized cryptocurrencies in the market are highly volatile and unpredictable. For me, I don’t think there is an issue about it as it was designed for long-term. The future is bright for those who buy and hold Bitcoin, as well as skilled day traders out there. Just my two sats.
For me its a non issue for people that really knows about bitcoin, and its a issue for some that dont know about it. There are some people that only want to invest but dont do a research about the thing they're investing, and when the price of bitcoin decrease, they're going to panic selling, they dont know that its normal because it was volatile, means that the price is rapidly changing and its unpredictable to know if its going to increase or decrease.

I think its really a big issue and many people did not invest because they are afraid of losing their money due volatility of the market that price.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Faeton on July 18, 2018, 04:14:46 PM
Bitcoin being volatile as a currency is slightly an issue in my opinion. I mean, in a business point of view, you wouldn't want to receive a $50 payment that could be $40 tomorrow(though it could also be $60). But there's almost nothing we can do about it in my opinion. Volatility will decrease as adoption comes.
Why do you think that bitcoin's volatility will decrease as the number of users increases? As bitcoin will be widely used among the population and increase its value, the amplitude of its possible fluctuations will grow and therefore its volatility will only increase.
The volatility of bitcoin is already a serious problem in the management of even small and medium-sized businesses. Many businessmen who first start taking bitcoin as payment, then refuse to settle in it precisely because of its high volatility. Also, states are not in a hurry to switch to using bitcoin precisely because of its high volatility.


Title: Re: Bitcoin's volatility is a non-issue
Post by: damrianto on July 18, 2018, 04:49:21 PM
This volatility is not problematic for the merchant but it is very profitable for those who trade and invest in a very short period. The traders can generate huge profits; far more than investors who have a buy-and-hold strategy


Title: Re: Bitcoin's volatility is a non-issue
Post by: Chicksteen on July 18, 2018, 09:16:55 PM
Of course, Bitcoin and other decentralized cryptocurrencies in the market are highly volatile and unpredictable. For me, I don’t think there is an issue about it as it was designed for long-term. The future is bright for those who buy and hold Bitcoin, as well as skilled day traders out there. Just my two sats.
For me its a non issue for people that really knows about bitcoin, and its a issue for some that dont know about it. There are some people that only want to invest but dont do a research about the thing they're investing, and when the price of bitcoin decrease, they're going to panic selling, they dont know that its normal because it was volatile, means that the price is rapidly changing and its unpredictable to know if its going to increase or decrease.
Being volatile is part of crypto and it is the chance to gain profit from it. It is not issue for someone who understand the market and those who are in crypto that has huge knowledge about it. However, being volatile becomes a problem to those who are new to market that experienced suddenly down after investing which make them triggered and afraid to lose the value even more.


Title: Re: Bitcoin's volatility is a non-issue
Post by: luckyluigi on July 18, 2018, 09:27:12 PM
It is a very big issue alright. Bitcoin is meant to be a base currency where virtually all other cryptocurrencies trade against. If its volatility begins to affect the coin movement of the community of altcoins, then it should be seen as a very serious issue that will hamper the growth of other coins
I am wondering what would we do without having a bitcoin volatility around, how could we trade and invest in it if we would know that it would not fall or grow, all the traders would love to be without their earnings.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Jessica2009 on July 18, 2018, 10:31:05 PM
   Now a days many people use Bitcoin, those who are using Bitcoin do not feel any stress  they actually feel free to use Bitcoin  to their wish. Since in Bitcoin transaction there is no intermediaries there is no excess charges levied on the users . When the market is down there is nothing to worry, be patient  and wait for the market to rise . The trading and investment in Bitcoin add benefit to support the newly created Bitcoins its volatility is a non  issue .


Title: Re: Bitcoin's volatility is a non-issue
Post by: Finestream on July 18, 2018, 10:53:21 PM
It is a very big issue alright. Bitcoin is meant to be a base currency where virtually all other cryptocurrencies trade against. If its volatility begins to affect the coin movement of the community of altcoins, then it should be seen as a very serious issue that will hamper the growth of other coins
I am wondering what would we do without having a bitcoin volatility around, how could we trade and invest in it if we would know that it would not fall or grow, all the traders would love to be without their earnings.
Right.Volatility is very much important in seeing our crypto investments growing.It's only in volatility that most people stay hopefull because even if the market turns red,a time for a green market is expected next to happen.Volatility always gives thrill to all holders and investors of bitcoin because it's the only reason that will make them rich in a short period of time.


Title: Re: Bitcoin's volatility is a non-issue
Post by: ELOCIN on July 18, 2018, 10:53:47 PM
It's only an issue for those who are investing in a short term because the moment they got caught in the storm, they can not simply sell their crypto and their plans of selling it will just be extended for another time which makes it very frustrating.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Bugsbey on July 18, 2018, 10:55:54 PM
Volatility isnt a issue when it comes to bitcoin/crypto investors because there are many other types of volatile investments too.  People take issue with volatility because bitcoin is mean to be used as a currency and if its value keeps changing then merchants cant rely on it as an accepted payment method.
I agree. This characteristic of bitcoin is really not an issue. It is even more special in the sense that people can invest in this currency. Thus it is helpful.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Radio-Active on July 19, 2018, 05:42:09 AM
Very true, volatility in cryptocurrency is not an issue for peoples who have strong hands. When your coins are falling, you won't sell it because you know that only market fluctuations. Even volatility is used by the experienced traders to make profit. So, it is no problem at all.


Title: Re: Bitcoin's volatility is a non-issue
Post by: sevenonetwo on July 19, 2018, 05:49:28 AM
Indeed I also think so if bitcoin votality is not a problem. It is a reasonable condition happening in the market. Market conditions are always up and down because there are many people who play there, there are players who support and there are players who hate bitcoin so that both have the same effect on bitcoin price fluctuations. No matter how bitcoin votality conditions, as a wise bitcoin player I always put forward the nature of patient and calm. I apply this so that I avoid the misleading issues that just make me panic is not clear and lead to loss and regret.


Title: Re: Bitcoin's volatility is a non-issue
Post by: yesyoupump on July 19, 2018, 05:50:53 AM
Bitcoin is the crypto Coin with less volatily so you should hold it and sell altcoins if you keep stable your portfolio.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Lalapo08 on July 19, 2018, 05:53:38 AM
Yeah, I do not think bitcoin votality is an issue. Bitcoin votality really happens because we can see the bitcoin's real value in the market. This votality is real, what is not real is this votality is only played by people who hate bitcoin so that more and more people hate bitcoin. They make the issue of negative news about bitcoin and manipulate market conditions so that more people leave bitcoin. Votality is not an issue, but real is true.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Olalomi on July 19, 2018, 05:56:52 AM
Well bitcoin volatility may negates its value as a store of value but as far as trading bitcoin and other cryptos is concerned, volatility is the major market mover, trading remains bored without volatility hence profit taken will absolutely be minimum, in forex trading the more volatile instruments like EUR/USD, AUD/USD, USD/JPY and GBP/USD are mostly traded due to there highly volatility in nature.


Title: Re: Bitcoin's volatility is a non-issue
Post by: ronalsi on July 19, 2018, 06:40:52 AM
In this market, the most important consideration is the fluctuation of Bitcoin, which Bitcoin is a substitute for conventional currencies, but I think it is a mistake. Bitcoins are more likely to serve niches where conventional currencies do not serve well.


Title: Re: Bitcoin's volatility is a non-issue
Post by: angelramirez24 on July 19, 2018, 02:14:14 PM
It really is a non issue for its users that really understand how bitcoin works. and looking to it as an investment, volatility is normal like any other investments.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Husen Alikhsan on July 19, 2018, 02:18:43 PM
I think though I strongly agree with you that a volatility should not only affect the storage of value, I do not agree with you that it affects merchants, when they receive Bitcoin directly. Some people cancel this loss by using a payment processor for any payment received, but this is not a perfect solution. <This lets you rely on a centralized third party service>

The best way to avoid volatility is for you to change your strategy. Let's say 20% of all bitcoins are received and hoard them and convert the other 80% to fiat, immediately to avoid too much volatility. How about you. Thanks


Title: Re: Bitcoin's volatility is a non-issue
Post by: RudeeTam on July 19, 2018, 02:26:05 PM
I don't get why some people fear or abhor the zero-sum equation. When it comes to money, we spend it. Such is the fate of money. And when we spend, we lose something and another benefits. That's just the way it is.


Title: Re: Bitcoin's volatility is a non-issue
Post by: DMFXFinancials on July 19, 2018, 02:59:40 PM
Cryptocurrency market is known to be very volatile. The coins are considered complex and the investors needs to be aware of the diverse risks in regards to trading it. This is because there is no regulatory body to protect investors in this type of market, and the governments won't stabilize it like the Eur/USD for example .

We have a video from our previous crypto trading Conference explaining how the cryptocurrency market can be volatile https://dmfx-financials.com/blog/2016/05/12/volatile-cryptocurrency-market/


Title: Re: Bitcoin's volatility is a non-issue
Post by: Gotumoot on July 19, 2018, 03:21:54 PM
This volatility is not problematic for the merchant but it is very profitable for those who trade and invest in a very short period. The traders can generate huge profits; far more than investors who have a buy-and-hold strategy
Yes, its a problem for short term investor, because the will just earn minimal profit, unlike for long term investor because they will earn big profit. In overall, volatility of bitcoin is not a problem, because bitcoin created that way, all we can do is to accept its characteristics. As what i see, we only criticize its volatility when the price is decreasing but when the price is increasing we are being thankful for its volatility. short term and long term is ok, its just depends on how you will handle your investments.


Title: Re: Bitcoin's volatility is a non-issue
Post by: IndigoRed on July 20, 2018, 05:24:58 AM
There has to be stability in order for bitcoin or any other coin to be officially become a virtual currency.The general public’s faith and adoption will bring true market stabilization. And maybe perhaps some level of regulation will help too.


Title: Re: Bitcoin's volatility is a non-issue
Post by: V1saya on July 20, 2018, 05:34:49 AM
This volatility is not problematic for the merchant but it is very profitable for those who trade and invest in a very short period. The traders can generate huge profits; far more than investors who have a buy-and-hold strategy
Yes, its a problem for short term investor, because the will just earn minimal profit, unlike for long term investor because they will earn big profit. In overall, volatility of bitcoin is not a problem, because bitcoin created that way, all we can do is to accept its characteristics. As what i see, we only criticize its volatility when the price is decreasing but when the price is increasing we are being thankful for its volatility. short term and long term is ok, its just depends on how you will handle your investments.

Good comment right there mate. With regards to volatility which is not really much of an issue especially when it is rising up but I see it as an issue because not much of any leading business organizations will accept a very volatile currency. But this should be settled once a good number of people will start believing on its technology that its market will become wider and volatility will be lessened.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Assface16678 on July 20, 2018, 05:54:04 AM
bitcoin's volatility IS an issue but it is not that big. the media and the FUDsters love to make bigger. the fact is when bitcoin is so volatile that price can move up to 20% in one day it makes it harder to either invest or use as a currency. it doesn't mean people can't or won't use it. they are still investing in bitcoin and also using it as a currency even though it is volatile.
the difference is if it stops being that volatile, it will be used more as both a currency and an investment.

All forms of market are all volatile. It really depends on its user. It seems that if we say that a thing is volatile, you can come up with a conclusion of its users are unstable too. And that is what is going on to bitcoin. The reasom why it is changing is because of the way the investors think. Thy pull out thy so sudden they started investing again. But as we all know, if th market is down, all we can do is to wait and wait for the market push upward again.


Title: Re: Bitcoin's volatility is a non-issue
Post by: hknknitin on July 20, 2018, 06:04:16 AM
Bitcoin is definitely the most liquid coin in the crypto market as many other coin pairs has seen larger swings. Volatility increases when the panic in market starts and sell order rate of the crypto coin increases. Bitcoin is expected to perform better in the coming days and it has been predicted that the same can reach new heights.


Title: Re: Bitcoin's volatility is a non-issue
Post by: HeatherRamsey on July 20, 2018, 06:06:12 AM
I think that's not a big deal for Bitcoin investors or cryptography. Because many people have different types of volatile investment. People use the currency as being isolated because of the problem with worrying people. Although its price changes, traders will not be completely dependent on it.


Title: Re: Bitcoin's volatility is a non-issue
Post by: ZahaRip on July 20, 2018, 07:47:33 AM
Cryptocurrency market is known to be very volatile. The coins are considered complex and the investors needs to be aware of the diverse risks in regards to trading it. This is because there is no regulatory body to protect investors in this type of market, and the governments won't stabilize it like the Eur/USD for example .

We have a video from our previous crypto trading Conference explaining how the cryptocurrency market can be volatile https://dmfx-financials.com/blog/2016/05/12/volatile-cryptocurrency-market/
who said that the currency pairs are very stable, there are simply large volumes and therefore the spread is minimal. if bitcoin was traded in such volumes daily, there would be no such great volatility.


Title: Re: Bitcoin's volatility is a non-issue
Post by: billionaireSHS on July 20, 2018, 08:00:55 AM
No, I don'tdon't think so that bitcoin volatility is not an issue because there are still people or users who have been panicking when the price of bitcoin was getting low, they don't even think wether they sell or hold it. I think that this is happening because of lack of knowledge about bitcoin and what is the characteristic of it.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Margaretlove on July 20, 2018, 08:18:59 AM
People have problems with volatility because bitcoin is meant to be used as a currency and if its value continues to change then the merchant can not rely on it as a payment method. Accepted. The media and the Fudsters like to do bigger. It does not mean that people can not or will not use it. The difference is that if it stops being volatile, it will be more used as both currency and investment.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Morvarid89 on July 20, 2018, 08:50:27 AM
So far, due to the large fluctuations of electronic money, and mostly bitcoin, states are very important and this is one of the reasons for their legalization is quite weak and slow. If bitcoin will be very costly Poor, drastically reduced with normal fluctuations, if it coincides with negative information, which can lead to panic that will act as a domino effect and bitcoin may lose value in a day or two. My opinion is that if bitcoin is not so volatile it will not suit the trader. And if bitcoin is not too volatile then there may be market acceptance for it to be used as a currency.


Title: Re: Bitcoin's volatility is a non-issue
Post by: suemendez25 on July 20, 2018, 11:16:25 AM
Most of us here do undertand that volatility come with bitcoin and in any investment for that matter.but if you look at bitcoin as a currency it definitely is an issue since we can't have an unstable currency


Title: Re: Bitcoin's volatility is a non-issue
Post by: phosphine on July 23, 2018, 01:16:31 PM
While I concur with you that volatility ought not impact the store of significant worth, I would differ with you that it impacts the shippers, when they acknowledge Bitcoin straightforwardly. A few people counterbalance this disservice by utilizing installment processors for any installments that are gotten, however this isn't the ideal arrangement. The most ideal approach to stay away from volatility is for you to change procedure.


Title: Re: Bitcoin's volatility is a non-issue
Post by: yj300316 on July 23, 2018, 03:42:25 PM
True that volatility is not a problem for us. As a traders, volatility is an important element in trading to make profits.
Because of volatility, cryptocurrency is opening the opportunity to buying low and selling high if you patience enough.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Almirante3 on July 25, 2018, 08:46:11 AM
Inevitable volatility during growth
Bitcoin is a relatively new asset class. Although the level of awareness of Bitcoin among the general population has increased, only a small proportion of them have a significant amount of Bitcoins.

In addition, institutional investors have largely avoided Bitcoin given its unregulated nature and the risks associated with it.

As Bitcoin's adoption increases and demand increases, its price can rise rapidly.

Likewise, when there is negative news about Bitcoin, such as the Chinese closing the crypto currency currencies, some of Bitcoin's holders will sell and their price may break quickly.

Until the ownership of Bitcoin becomes widely distributed and liquidity improves substantially, we will see a significant volatility in the price of Bitcoin.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Ava Duvall on July 25, 2018, 08:54:36 AM
It is a very big issue alright. Bitcoin is meant to be a base currency where virtually all other cryptocurrencies trade against. If its volatility begins to affect the coin movement of the community of altcoins, then it should be seen as a very serious issue that will hamper the growth of other coins
You are right . how can it not be an issue? if this is not taken seriously like you mentioned other coins could have problems, not to mention other dilemmas that will arise


Title: Re: Bitcoin's volatility is a non-issue
Post by: moirasheeran29 on July 25, 2018, 04:12:02 PM
I think this is still an issue if we are looking at it as a currency since it need stability for that. but sure as an investment it's normal since all investments are volatile


Title: Re: Bitcoin's volatility is a non-issue
Post by: ZahaRip on July 29, 2018, 01:55:54 PM
I think this is still an issue if we are looking at it as a currency since it need stability for that. but sure as an investment it's normal since all investments are volatile
bitcoin's volatility deters stable funds that operate with low volatility from it. bitcoin is still working as a risky asset.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Sydney Chapman on July 30, 2018, 12:19:47 PM
 I believe that trading costs are a significant driver of volatility due their constraining effect on liquidity. Due to the model of most exchanges requiring up to a .25% commission on trades, it is simply too expensive to trade bitcoins frequently. This constrains liquidity because most bitcoiners buy and hold on for dear life. This makes the price sensitive to short term surges in demand because holders are reluctant to part with their bitcoins unless there is a sufficiently large profit to be made. Similarly most experienced bitcoiners only go in to buy when there’s been a sizable dip for similar reasons.
 Exchanges need to change up their models to a simple bid-ask spread to attract some market makers and liquidity providers. Despite being a technological innovation, bitcoin’s trading ecosystem is remarkably primitive.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Carlos Hailey on July 30, 2018, 12:30:05 PM
 Bitcoin’s surface of volatility (i.e. the swing in value from top to bottom) is very high because at the moment liquidity is still low and relatively few coordinated movements of the market (buy/sell actions of just a few thousands users) have the ability to greatly impact the price of the currency. This kind of volatility is much smaller the more liquid a market is.
 With the increase in user wallets and user adoption we can assume that the market will become more liquid and it will be more difficult to impact Bitcoin’s price as dramatically as we have witnessed in the past.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Kuchiyose on July 30, 2018, 12:44:18 PM
I think this is still an issue if we are looking at it as a currency since it need stability for that. but sure as an investment it's normal since all investments are volatile

It's not certain Bitcoin will become a legitimate currency because Bitcoin has a very unstable nature in the market so this will make the congenital in exchange.


Title: Re: Bitcoin's volatility is a non-issue
Post by: RockerNun on September 24, 2018, 09:06:35 AM
It does not mean that people can not or will not use it. So far, because of the great fluctuations of electronic money, and mostly bitcoin, the states are very important and this is one of the reasons for their legalization is rather weak and slow. My opinion is that if bitcoin is not too volatile, it will not suit the trader.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Vaflia on September 24, 2018, 09:18:22 AM
I think that the volatility of bitcoin just proves it value. There is little liquidity in the market, as in all young markets, and that is why there is so much volatility (compared to the stock and currency markets). If there was no volatility at all, at such volumes it would be a bad sign.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Noah14 on September 24, 2018, 09:52:14 AM
It is a very big issue alright. Bitcoin is meant to be a base currency where virtually all other cryptocurrencies trade against. If its volatility begins to affect the coin movement of the community of altcoins, then it should be seen as a very serious issue that will hamper the growth of other coins


Title: Re: Bitcoin's volatility is a non-issue
Post by: basyang on September 24, 2018, 10:07:21 AM
The fluctuation of bitcoin is not a problem, because bitcoin is created in that way, all we can do is accept its characteristics. Good comment right there mate. But this should be resolved when a large number of people will begin to believe in their technology that its market will become wider and volatility will be reduced.

I am totally agree with you, bitcoins volatility is its characteristics and we all we need is to accept it we can not changed its nature. We need to understand and create a new idea or strategy to make improve it. I know out there all people when it comes to volatility of bitcoin it is always a big deal for them. That is why we need to changed our mind set regarding to it.


Title: Re: Bitcoin's volatility is a non-issue
Post by: amaterasysky on September 24, 2018, 10:25:08 AM
The fluctuation of bitcoin is not a problem, because bitcoin is created in that way, all we can do is accept its characteristics. Good comment right there mate. But this should be resolved when a large number of people will begin to believe in their technology that its market will become wider and volatility will be reduced.

I am totally agree with you, bitcoins volatility is its characteristics and we all we need is to accept it we can not changed its nature. We need to understand and create a new idea or strategy to make improve it. I know out there all people when it comes to volatility of bitcoin it is always a big deal for them. That is why we need to changed our mind set regarding to it.

Isn't it great that bitcoin has such volatility? This is a reason for ordinary people to learn something new, it's not gold trading, when the price moves by 0.0003% for half a year, there are mad waves up and down, there is a reason to lose your money and earn them, plus learn something completely new. This is what I like in bitcoin as an instrument, it teaches the public to learn.


Title: Re: Bitcoin's volatility is a non-issue
Post by: fortuner on September 24, 2018, 12:27:49 PM
I think it's not just bitcoin and other cryptocurrency that has fluctuations, because fiat currencies actually also have high fluctuations, even fiat currencies fluctuate to lower values


Title: Re: Bitcoin's volatility is a non-issue
Post by: AliMan on September 24, 2018, 12:36:53 PM
I think it's not just bitcoin and other cryptocurrency that has fluctuations, because fiat currencies actually also have high fluctuations, even fiat currencies fluctuate to lower values
Volatility is not only for Bitcoin but to all cryptocurrency and its not bog issue because its normal. And I think nobody knows when its going to fluctuates, so I suggest to all to be prepare for sudden change in the price of crypto. I think we should be know it first that market is unpredictable and also the crypto because if the situation is not good then we can prepare what the right thing to do when there's a changing in the market price.


Title: Re: Bitcoin's volatility is a non-issue
Post by: yesyoupump on September 24, 2018, 07:58:30 PM
Volatily will not be an issue once people start adopting btc as a good exchange.
Indeed I think that the adoption will reduce market speculation because of reduction of liquidity on the market.


Title: Re: Bitcoin's volatility is a non-issue
Post by: romantic007 on September 24, 2018, 09:35:35 PM
I never thought of BTC's volatility as of some kind of a problem. It's always been just one of its features. Without it everything in crypto would be different from now.


Title: Re: Bitcoin's volatility is a non-issue
Post by: nightfury on September 25, 2018, 06:24:57 AM
It's really a non-issue if you already know the basics of it. Once bitcoin's market price falls down, you will normally not get panic of it but make it an opportunity to buy more of that crypto, instead. Whenever it rise drastically, you will not get so excited of it too if you know that holding them long will give you better profit.


Title: Re: Bitcoin's volatility is a non-issue
Post by: CelesChere on September 25, 2018, 07:35:56 AM
The value of Bitcoin is the problem. If Bitcoin value falls on the crypto market. That could be the loss of investors.


Title: Re: Bitcoin's volatility is a non-issue
Post by: spadaccino on September 25, 2018, 07:52:38 AM
Well it might be for new investors who are struggleling to make end meet at the end of the month. I mean come on, you guys are top level trader, you cannot mix with normal people either, so how can you tell something like that ? If you lose more than 10% in a day, it's not a problem for you who used to play hard and you got a stash of money somewhere safe, but guess what , it was not thought like that years ago when crypto came out of nowhere. We used to have a solid idea and we were determinate to change the world, and not just to speculate to last comes in. Becuase it's true, to gain profit, someone need to lose..


Title: Re: Bitcoin's volatility is a non-issue
Post by: pinoyden on September 25, 2018, 08:07:43 AM
The value of Bitcoin is the problem. If Bitcoin value falls on the crypto market. That could be the loss of investors.

No its not . bitcoin is built that way and people are informed before they invest on it . so if ever they loose because of their ignorance , then that is already their fault and not on bitcoin .

Fall of the price isnt also bad anyway because people do also use the oppurtunity to buy more coins as they are now more affordable when compared to their previous price .


Bitcoins volatility is not an issue  because it is only normal.


Title: Re: Bitcoin's volatility is a non-issue
Post by: vfrcbv91 on September 25, 2018, 08:09:52 AM
I agree with you. Volatility does not allow to judge the true value of an asset. The maximum that we can say volatility - the ratio of investors to the asset, no more.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Leyss on September 27, 2018, 05:40:38 AM
In general, for the legalization of the country's crypto currency, the volatility of bitcoin and other crypto-currencies is a big problem that hinders this process. Because of the large volatility of the crypto currency, the state sees in the bitcoin a financial bubble and this has a bad effect on the general process of legalizing crypto currency. The large volatility of the crypto currency also negatively affects the introduction of it into the business sphere, the volatility of the price is very hampering financial settlements. However, volatility is a good trait for its use by traders and generally for the revival of the crypto-currency market.


Title: Re: Bitcoin's volatility is a non-issue
Post by: chikading2016 on September 27, 2018, 05:54:38 AM
In general, for the legalization of the country's crypto currency, the volatility of bitcoin and other crypto-currencies is a big problem that hinders this process. Because of the large volatility of the crypto currency, the state sees in the bitcoin a financial bubble and this has a bad effect on the general process of legalizing crypto currency. The large volatility of the crypto currency also negatively affects the introduction of it into the business sphere, the volatility of the price is very hampering financial settlements. However, volatility is a good trait for its use by traders and generally for the revival of the crypto-currency market.
Volatility is not an issue on bitcoin feild or.maybe in crypto because it is really volatile from the start. We all know that the crypto is already high on volatility from the start, so then if we take a look at the crypto today we can really see that it is not changing it is still volatile like what is was before so I think there is no issue on its volatility.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Liz D on September 27, 2018, 06:05:50 AM
The first scenario given is just like a normal stock market, the seller and the buyer really are not sure of the future of what they are selling/buying only that the two are dealing with it to make more profit and it is most like the two get you only after they have make the profit.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Dondisimo on September 27, 2018, 06:33:34 PM
I'm investing in the long term, so I don't really care about volatility. During such periods, I just watch the market or buy additional currencies. But I always know that the price will recover.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Jannn on September 27, 2018, 08:25:42 PM
I actually think the volatility is great for the future of Bitcoin (to an extent). For now, people will buy in thinking that their investment will multiply at some point in the future (which it probably will), whilst all of those that bought in and ended up seeing a loss will hold for a long time until they eventually make a profit. Over time this leads to a large number of holders and very few sellers, hence increasing the value further due to supply and demand.


Title: Re: Bitcoin's volatility is a non-issue
Post by: b3llsf1l3s on September 27, 2018, 11:31:20 PM
I know that this subject has been discussed many times before, but lest we forget when yet another conventional financial journalist, investor, money manager, perceived thought-leader et al pronounces on why Bitcoin will fail because it is too volatile to be used as a currency or store of value:

  • Each Bitcoin transaction is a zero-sum game -- one party benefits to the same extent that the other does not benefit. So one party is guaranteed always to be fine with the volatility. And neither party knows for sure (or at all) who that beneficiary will be.
  • The purchaser of a bitcoin has still spent the same amount of fiat no matter what the volatility after the purchase.
  • The premise that the aggrieved party could have done this or that instead of send someone a bitcoin that later appreciated in value has no more merit than to say that that party could have bought a stock or bond that later did well too. In each case, they simply did not have the information needed in time. Shoulda coulda woulda is not a valid argument.
  • If Bitcoin were impractical as a currency, the dark web would not use it. There would be no Bitcoin-using dark web. 
  • Many things have been used as currency. Anything tradeable and of proven long-term value (like gold) or expected shorter-term value (like packs of Kent cigarettes in communist Romania) can be used as a practical currency, and have. Before WWI, travelers checks had the rate of conversion printed on them because it was expected that the gold-back currencies backing them would be stable. And so they were. The fact that fiat currencies require electronic conversion-rate signs today shows that their stability is entirely an illusion. They are not stable.

The argument that Bitcoin's volatility specifically negates its value as a store of value is clearly false as well. Stocks and commodities and their futures (as well as the effective interest rates of some bonds) are highly volatile. The mantra is that you accept their risk in exchange for growth. Fine. But volatile Bitcoin has growth potential too -- lots of growth potential. Both Bitcoin and Ethereum, as systems of decentralized, immutable, economical, sustainable, and perfectly legal data-registration means that everyone will become their own notary public. The implications for intellectual property protection are arguably beyond what we can now imagine.

Underlying all of Bitcoin's volatility is an unchanging protocol that is proven to work -- and expected to grow.

cryptocurrency tries to imitate forex, where the volatile impact is not so great, it will still be difficult because the use of crypto is still not comprehensive. so it's easy with price manipulation by several groups


Title: Re: Bitcoin's volatility is a non-issue
Post by: nydiacaskey01 on September 27, 2018, 11:50:06 PM
Its a non-issue and Bitcoin traders are using Bitcoin's volatility to their advantage and earn from it. Just look at those day traders, they earn 2%-5% or even higher per day taking advantage of those fluctuations of Bitcoin price. Those who just hold on to it are not making full use of Bitcoins volatility but still they also earn from hodling.


Title: Re: Bitcoin's volatility is a non-issue
Post by: satria2 on September 28, 2018, 12:37:01 AM
I know that this subject has been discussed many times before, but lest we forget when yet another conventional financial journalist, investor, money manager, perceived thought-leader et al pronounces on why Bitcoin will fail because it is too volatile to be used as a currency or store of value:

  • Each Bitcoin transaction is a zero-sum game -- one party benefits to the same extent that the other does not benefit. So one party is guaranteed always to be fine with the volatility. And neither party knows for sure (or at all) who that beneficiary will be.
  • The purchaser of a bitcoin has still spent the same amount of fiat no matter what the volatility after the purchase.
  • The premise that the aggrieved party could have done this or that instead of send someone a bitcoin that later appreciated in value has no more merit than to say that that party could have bought a stock or bond that later did well too. In each case, they simply did not have the information needed in time. Shoulda coulda woulda is not a valid argument.
  • If Bitcoin were impractical as a currency, the dark web would not use it. There would be no Bitcoin-using dark web. 
  • Many things have been used as currency. Anything tradeable and of proven long-term value (like gold) or expected shorter-term value (like packs of Kent cigarettes in communist Romania) can be used as a practical currency, and have. Before WWI, travelers checks had the rate of conversion printed on them because it was expected that the gold-back currencies backing them would be stable. And so they were. The fact that fiat currencies require electronic conversion-rate signs today shows that their stability is entirely an illusion. They are not stable.

The argument that Bitcoin's volatility specifically negates its value as a store of value is clearly false as well. Stocks and commodities and their futures (as well as the effective interest rates of some bonds) are highly volatile. The mantra is that you accept their risk in exchange for growth. Fine. But volatile Bitcoin has growth potential too -- lots of growth potential. Both Bitcoin and Ethereum, as systems of decentralized, immutable, economical, sustainable, and perfectly legal data-registration means that everyone will become their own notary public. The implications for intellectual property protection are arguably beyond what we can now imagine.

Underlying all of Bitcoin's volatility is an unchanging protocol that is proven to work -- and expected to grow.

cryptocurrency tries to imitate forex, where the volatile impact is not so great, it will still be difficult because the use of crypto is still not comprehensive. so it's easy with price manipulation by several groups

If you can manipulate prices it will have its own anxiety for people who are afraid to see prices drop now.


Title: Re: Bitcoin's volatility is a non-issue
Post by: gogrowglow on September 28, 2018, 12:55:38 AM
Traders are happy with Bitcoin's volatility because it can be an opportunity to earn more money but for a few who are still a newbie here, it can be viewed  differently as they will get confuse of the fast  movement of Bitcoin value in the marketplace.  Mostly for  old  members and experienced people here,  Bitcoin's volatility is not an issue because,  they are used to it and they make use of it.   They can form a strategy on when to trade their coins by just watching closely the market.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Asawakobana2017 on September 28, 2018, 01:29:38 AM
It is never an issue, the issue is the lose of the people who didn't have enoughf patience to hold. I believe that the bitcoin or maybe crypto is really unstable from the beginning so we don't need to have an issue about it. Bitcoin is a great way to earn but if we loss on it the problem is maybe on us not on bitcoin.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Naughty Princess on September 28, 2018, 03:42:27 AM
It is never an issue, the issue is the lose of the people who didn't have enoughf patience to hold. I believe that the bitcoin or maybe crypto is really unstable from the beginning so we don't need to have an issue about it. Bitcoin is a great way to earn but if we loss on it the problem is maybe on us not on bitcoin.
I agree. There no issue about the volatility of bitcoin because without it, traders cannot gain profit from it for a short period of time. The volatility helps to have an opportunity to earn bitcoin and buy volume at lower price. Volatility helps to acknowledge about everyone about the supply and demand of it on the market and makes it popular for investments.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Rashid555 on September 28, 2018, 04:29:54 AM
Bitcoin volatility is not issue but it is a factor which should be considered before investment to this side and for now i hope that bitcoin is so volatile and thus we should take care of volatility before investing in the crypto sector.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Camilla Gill on September 28, 2018, 08:30:11 AM
Price volatility is often bad for transaction of value. Say I buy a car now for 1 bitcoin and the fiat exchange rate doubles in a year, i've effectively spent twice as much on that car compared to paying in fiat. Alternatively if i sell a car for 1 BTC and the price crashes, i've lost money cause my real world expenses are in fiat. If i only bought and sold goods in crypto, 1 BTC would always equal 1 BTC and it wouldnt matter, but because we have to transact in both, volatility makes it hard to use.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Falmera on September 28, 2018, 08:35:50 AM
My opinion is that if bitcoin was not so volatile that wouldnt suit traders.
Traders love the volatility, well experienced traders that is, the ones who
Can read the charts etc.

And if bitcoin was not so volatile there could probably be mor acceptance
in the marketplace for it to be used as a currency.
I agree. Its volatility might excite many investors since there are chances of earning big in just for a shorter time. But, bitcoin might replace fiat if it is not volatile.


Title: Re: Bitcoin's volatility is a non-issue
Post by: maxim000 on September 28, 2018, 08:45:07 AM
But still Bitcoin will be impractical to use as a currency when it comes to mainstream market and when fiat is a better alternative available. Dark web uses cryptos for hidden transaction and for leaving no money trails. It is bit convenient to use cryptos than fiat in dark web.

I still believe high volatility is a problem when it comes to mainstream acceptance of Bitcoin as a currency.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Dylan Bargeman on September 28, 2018, 08:48:46 AM
Because the price is volatile, nothing is denominated in it. Because you don’t know how much of something you will be able to buy with it, you won’t hoard it. It wouldn’t be an issue if it weren’t for Digital Gold people...
If one assumes Bitcoin is just a currency meant for transacting, day to day volatility isn’t a big problem.


Title: Re: Bitcoin's volatility is a non-issue
Post by: mensahkkofie on December 04, 2018, 04:08:29 PM
I beg to differ, bitcoin volatility is always  causing people to partake in panic selling. People would always get scared at a huge drop in price of bitcoin. I think this is a problem that needs to be given the needed attention. This is a very serious issue with respect to investor confidence.


Title: Re: Bitcoin's volatility is a non-issue
Post by: fosco333 on December 05, 2018, 02:28:30 AM
Indeed, it will be no problem if you using it for trading. But imagine when you using it as a currency.
Imagine that you can buy a car in december 2017 with only 1 btc, and now you cannot buy any car because the price of btc has dropping.
Volatility won't become an issue if you not use it as a real currency like fiat.


Title: Re: Bitcoin's volatility is a non-issue
Post by: zoeylee on December 05, 2018, 05:16:27 AM
I think for those investors that really knows the market value of bitcoin maybe they will not think it as non-issue but for those newbies on this kind of file maybe it is a big issue.


Title: Re: Bitcoin's volatility is a non-issue
Post by: DigitalCyberius on December 10, 2018, 05:46:32 AM
Although Bitcoin is extremely cool, and although there are some concerns, I think there are a few points in your message that should be addressed:

#1. A currency, regardless of whether Bitcoin can be properly defined as such, is not necessarily sound money (like gold/silver).

#2. "... one party is guaranteed always to be fine with the volatility." This is not true. You would need to be actively trading and gaining profits on both the ups and the downs to be always fine with the volatility.  

#3. "The purchaser of a bitcoin has still spent the same amount of fiat no matter what the volatility after the purchase." - this negates the argument, as yes they've spent the same amount of fiat, but if Bitcoin swings down and stays down, then they've lost value, and can only hope it will return. While this may also be true with other assets, it is not as likely as it is with Bitcoin, it would seem.

#4. Comparing to stocks, and shoulda, coulda, woulda... the argument seems to be more along the lines that Bitcoin is much more volatile than these assets, and higher volatility is not favorable as a store of value. It can be highly liquid if you plan on actively trading it, and have the ability to confidently predict it's next price movement in time.

#5. "If Bitcoin were impractical as a currency, the dark web would not use it." This is not necessarily true, as the dark web is often proliferated by illegal activities and morally depraved things, Bitcoin offers (or at least it did offer) the promise of anonymity, which is exactly what such people who engage in these activities want.

#6. Stocks and bonds are highly volatile as well. Bitcoin has growth potential as well - to my current, limited understanding, Bitcoin is still MUCH more volatile than stocks or bonds. When you invest in a stock or bond, you are not expecting to lose $500 a stock in one day, and gain $1,200 in two weeks, and then lose $800 in half a week, etc (just examples, nothing specific). Potential growth - while there are some who believe the entire paper market is in trouble if the economy crashes, there are also others who believe that Bitcoin could go to zero or near zero based on its nature, lack of intrinsic value or even connecting to or representing anything of intrinsic value, and the circumstances we find ourselves in. It could continue to grow, but we shall see.

#7. Even if BTC is useful as a currency or mode of transaction (which it is to an extent), it is not necessarily ideal for storing value, not only because of the high volatility factor, but also for the fact that it is purely digital. What will you do if the internet gets shut down/censored, or if the power goes out, or if the government finds a way to censor it, etc?

Just some food for thought.
The Cyberius team.


Title: Re: Bitcoin's volatility is a non-issue
Post by: globalking on December 10, 2018, 06:02:16 AM
yes it is a non-issue but some people and some media are creating fear amount investors and benefiting themselves people has to understand that.


Title: Re: Bitcoin's volatility is a non-issue
Post by: bagsat on December 10, 2018, 08:41:59 AM
Entering in this kind of system must accept the fact that bitcoin's volatility is in its nature. Bitcoin has no exact value that it depends on how the flow of investments and tradings are.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Soots on December 10, 2018, 09:43:39 AM
Proper education, awareness, bravery, and open-mindedness, all of these play a big role in the world of cryptocurrency. Volatility has been the nature of Bitcoin but most of us have viewed it into something disadvantageous. We must learn to understand and weigh things out of the advantages and disadvantages of its functionalities. Volatility is a sign of growth and profit. It's never going to be an issue if we realize how truly beneficial this technology is. It's very important to always do research, explore, and discover it yourself of what is the true essence of Bitcoin, than barely listening and reading from fake sources of information. Authenticity is what we value and we should start doing it.


Title: Re: Bitcoin's volatility is a non-issue
Post by: saumang2m on December 10, 2018, 10:03:29 AM
I do not think that we should be afraid of that volatile market of Bitcoin. Because if the Bitcoin market stabilizes, we will not have any special benefit from it. And due to being a volatile market, we often get good profits. Therefore, the volatile market is proving to be good for us.


Title: Re: Bitcoin's volatility is a non-issue
Post by: katerinaliisa on December 10, 2018, 10:13:36 AM
I think the volatility is getting lower every year. I do not understand what it is connected with, but I constantly analyze this situation. By itself, volatility is perceived by people in different ways. For someone, a stable market is a great situation for trading, although I do not understand how you can earn good money in a relatively stable market. The cryptocurrency market has always attracted people with its volatility.


Title: Re: Bitcoin's volatility is a non-issue
Post by: biskitop on December 10, 2018, 10:27:08 AM
indeed there is no problem, it is precisely the main problem that is the function of bitcoin towards real estate to be used as a means of payment. Bitcoin should be more focused on becoming a payment instrument, and forget for a moment about volatility.


Title: Re: Bitcoin's volatility is a non-issue
Post by: gheawari431 on December 18, 2018, 07:02:29 AM
It is never an issue, the issue is the lose of the people who didn't have enoughf patience to hold. I believe that the bitcoin or maybe crypto is really unstable from the beginning so we don't need to have an issue about it. Bitcoin is a great way to earn but if we loss on it the problem is maybe on us not on bitcoin.
Bitcoin as an investment is very good because many have proven its success. If the price drops now, that is very reasonable. It is predicted that soon the price of bitcoin will rise. Many issues hit, even attacking bitcoin, but bitcoin will not die. Bitcoin users continue to trade, because of the high belief that bitcoin is a digital currency that will someday be used globally.


Title: Re: Bitcoin's volatility is a non-issue
Post by: Ezenwanyi1 on December 18, 2018, 07:14:08 AM
Yes. I agree completely with you that the volatility of bitcoin is a no issue.
People who do not fully grasp what bitcoin is exactlity and how it functions I believe are those who are making the volatility an issue.
Bitcoin as a decentralized virtual currency has as it's core feature volatility..
Let's try to understand that.


Title: Re: Bitcoin's volatility is a non-issue
Post by: efxtrader on December 18, 2018, 09:40:22 AM
Volatility in bitcoin price is just for short time. I think the real issue in cryptocurrency is government regulation. Its affecting on investor because if cryptocurrrency market have regulation from government, they will more confident to investing more money in market.
Beside that, news about regulation affecting on price fluctuation.
So for you the volatility of bitcoin price is depend on regulation of government? it's just part of the cause of volatile bitcoin prices. There are still many reasons why bitcoin prices are always on the move, for instance, day trading will always provide a rapid price change effect of a trader's focus not only on information but technical analysts can be part of their strategy.

No i dont mean that, government regualtion in one of many factor why bitcoin price volatile. Off course many reason why bitcoin volatile but negative news and fake news give big impact to bitcoin price fluctuation


Title: Re: Bitcoin's volatility is a non-issue
Post by: 2chase on December 18, 2018, 03:29:31 PM
Speculations about the fact that there will be something wrong with Bitcoin, we will probably still hear a huge amount, and the more the Bitcoin ecosystem develops - the more such statements will occur, people have always loved to dramatize and assume everything that one can imagine but not all what they are talking about is the real thing.


Title: Re: Bitcoin's volatility is a non-issue
Post by: raag1993 on December 18, 2018, 04:06:36 PM
Bitcoin is a crypto currency. And we all know. That price changes in crypto currency all the time. Which we can call a volatile market. But some people have trouble with this volatile market. Because of which they want to make it a issue. But there is no benefit to this.