Bitcoin Forum

Bitcoin as Stable as Dollar and Oil Markets, Says New Research

New research published in a leading scientific journal says that Bitcoin has matured and is more reliable than before. A Vote of Confidence for Bitcoin Cryptocurrencies are considered as a highly volatile asset class. Bitcoin price in 2017 rose from $1,000 in January to nearly $20,000 in December before crashing back to $5,800...

Read more: https://www.trackcoinmarket.com/en/crypto-news/33449/bitcoin-stable-dollar-oil-markets-research

Such good news to all of us. With the value of bitcoin being stable then we don't have to worry anymore of the huge dips. All we need to focus now is the future profits of our long term bitcoin investment. As we all know that over time bitcoin's value will really increase due to its scarcity and difficulty of mining one. Adoption increases as well as bitcoin matures.

Here's another article about the stability of bitcoin same as dollar and oil. https://bitcoinnews.com/research-bitcoin-as-stable-as-dollar-and-oil-cites-cubic-law/

If Bitcoin has stabilized at the moment, it does not say that it will no longer sharply fall or rise.

How do you then expect your future profit when it becomes stable. If price becomes stable as we know for fiat, profit might be difficult to come and no more long time investment because the store of value would have been taken of, it will then be used as a means of payment.

 

Isn't it the main goal if bitcoin, to be used as currency?? I believe yes!! Those who are looking from short term profits, are speculators and bitcoin was not built to provide profits to speculators. Even though speculators are also important to the eco system, but their goals are not so healthy for bitcoin eco system.

We all talk about profit and sustainable growth, but not all people realize that sustainable growth is only possible with increased adeptability. Nothing else will bring sustainable growth like the way adeptability does!!

If you are able to buy grocery items using bitcoin at your local store, you will see the true growth! Stability in price is just another step towards that goal.

Stablity of Bitcoin prices might make some people happy but it will also dissapoint many. Most people invested in Bitcoin to see an increase in the price and get some profit out of it. If it stabilizes, there is little opportunity to make profit.

It is a good news to see that bitcoin is coming to a stable situation. Although it will not be looked at as a investment anymore, we may see it using as a currency.

Agree that bitcoin is as stable as dollar or oil markets because despite the worsen global economic bitcoins still strive as the favorite cryptocurrency among online traders and very soon it can be a mainstream currency for all to use for purchase of services and store of value.

The stability of Bitcoin was long awaited for and here is the good news which will open more opportunities for investors of different level. Nevertheless the bull run is inevitable due to the fact that bitcoin will rise to shame the doom prophets, this will happen by December, 2018.

from where they saw Bitcoin stable like a dollar, even though the price of bitcoin from the end of 2017 was very fluctuating yesterday, and there I didn't see that stability.

I am wondering if this research is credible, the price of bitcoin increases a lot and falls a lot, how would this be something Stable as Dollar and Oil Markets? did they compare oil price increases and declines and dollar price increases and declines in one month vs. bitcoin price increases and declines in a month? because I doubt very much if they were to consider that bitcoin is stable like oil and dollars. no offense, but lately these searches have left me very confused, and I question the credibility of the research.

I’m not really sure you can say a guy from Cracow, Poland holding a pink alcoholic beverage wearing a 1970s Afro is publishing anything for a “leading scientific journal”. LOL

Take a look at this dumbass. I wouldn’t let him park my car if he was a valet at a restaurant. Doesn’t anyone on this forum know how to do any research? You’re investing real money here people - look shit up!

https://www.researchgate.net/profile/Stanislaw_Drozdz

Q: How do you sink a polish battleship?
A: Put it in water.

Q: Why did the polack put ice in his condom?
A: To keep the swelling down.

Q: What happened to the Polish hockey team?
A: They all drowned in spring training.

Q: Why don't polish women use vibrators?
A: It chips their teeth.

ROFLMAO

I don't agree that bitcoin will be stable ... more bitcoin prices can change. we see if the price of bitcoin is up next year whether there will be a change