Bitcoin Forum

Economy => Economics => Topic started by: yaphetSGG on October 27, 2018, 11:14:47 AM



Title: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: yaphetSGG on October 27, 2018, 11:14:47 AM
Cryptocurrencies has only made it in to the mainstream media as an apparatus from the dark web when the infamous Silk Road has been turn off. Back then, that was far from getting considered a good investment decision for Wall Street types, nonetheless they soon joined the party.

Suddenly, banks, the thought front-runners of banking and financial institutions all had an opinion on Bitcoin - many of them thought it was a gimmick, or even rat toxic and far too unstable to take seriously, but conversations about Bitcoin were getting to be held in investment circles.

Stories of Bitcoin billionaires in addition to overnight millionaires cropped upwards, plus the individual investors overloaded to be a part of typically the massive wave of Bitcoin mania. This is why volatility was so crucial in establishing cryptocurrencies as a potential asset that will could also be used being a currency in a well-known society. However, this same volatility is additionally what could kill that goal.
A portion of what has cemented cryptocurrencies on the map given that they exploded into the public investor market has already been their volatility. Investors inundated to the likes of Bitcoin when, through Nov and December 2018, the value of the cryptocurrency increased in value tremendously. Conversely, such precariousness is a two-edged rapier, and the cryptocurrency bazaar has shown that in 2018 with Bitcoin’s price trailing more than 50 percent at times from the year finale worth of $13,000. The cryptocurrency market has also felt the ill effects of Bitcoin’s movements because of this of the price drops, Bitcoin’s trading volume, and even interest in the digital money realm also decreases. The danger is that changes can cause a significant exodus of investors to take place which severely dents the hopes of other cryptocurrencies gaining mass adoption standing.

Itai Cohen, CEO of Homelend says,
Quote
“The high volatility of crypto-assets is the result of investors’ reliance on the so called ‘adoption syndrome’ - where the perception of an asset’s value is mostly based on expectations about its adoption by the community.”

Volatility should be at the epicenter of attraction for crypto if there is to end up being a future through which crypto is employed widely in everyday instances. However, it needs a lot of bravery, plus some tactical know-how, to successfully navigate the lows, to retain oneself safe, and sane, along with contributing positively to be able to a burgeoning crypto overall economy.

Patience is the key here to deal with anything that is related to crypto and blockchain. A calm mind will always get maximum output. Cheers.




Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: Renaldi blackspadeteam on October 30, 2018, 08:23:14 AM
Suddenly, banks, the thought front-runners of banking and financial institutions all had an opinion on Bitcoin - many of them thought it was a gimmick, or even rat toxic and far too unstable to take seriously, but conversations about Bitcoin were getting to be held in investment circles.
of course the bank will say like this, because their technology cannot defeat the technology of the blockchain, and they are afraid that someday fiat money that actually comes from the bank will be replaced by Cryptocurrency


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: Irvinn on November 01, 2018, 05:59:46 AM
For now, we can say that the large volatility of a decentralized cryptocurrency is its essence. As a rule, it is not provided with anything, and its price is formed solely on the relationship between supply and demand. Demand and supply can never be constant in nature, because hundreds of thousands and millions of buyers and sellers of cryptocurrency are participating in the market at the same time, and all of them proceed from conflicting personal interests.
Cryptocurrency volatility is good for traders and a problem for states.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: okala on November 01, 2018, 07:12:33 AM
Cryptocurrencies has only made it in to the mainstream media as an apparatus from the dark web when the infamous Silk Road has been turn off. Back then, that was far from getting considered a good investment decision for Wall Street types, nonetheless they soon joined the party.

Suddenly, banks, the thought front-runners of banking and financial institutions all had an opinion on Bitcoin - many of them thought it was a gimmick, or even rat toxic and far too unstable to take seriously, but conversations about Bitcoin were getting to be held in investment circles.

Stories of Bitcoin billionaires in addition to overnight millionaires cropped upwards, plus the individual investors overloaded to be a part of typically the massive wave of Bitcoin mania. This is why volatility was so crucial in establishing cryptocurrencies as a potential asset that will could also be used being a currency in a well-known society. However, this same volatility is additionally what could kill that goal.
A portion of what has cemented cryptocurrencies on the map given that they exploded into the public investor market has already been their volatility. Investors inundated to the likes of Bitcoin when, through Nov and December 2018, the value of the cryptocurrency increased in value tremendously. Conversely, such precariousness is a two-edged rapier, and the cryptocurrency bazaar has shown that in 2018 with Bitcoin’s price trailing more than 50 percent at times from the year finale worth of $13,000. The cryptocurrency market has also felt the ill effects of Bitcoin’s movements because of this of the price drops, Bitcoin’s trading volume, and even interest in the digital money realm also decreases. The danger is that changes can cause a significant exodus of investors to take place which severely dents the hopes of other cryptocurrencies gaining mass adoption standing.

Itai Cohen, CEO of Homelend says,
Quote
“The high volatility of crypto-assets is the result of investors’ reliance on the so called ‘adoption syndrome’ - where the perception of an asset’s value is mostly based on expectations about its adoption by the community.”

Volatility should be at the epicenter of attraction for crypto if there is to end up being a future through which crypto is employed widely in everyday instances. However, it needs a lot of bravery, plus some tactical know-how, to successfully navigate the lows, to retain oneself safe, and sane, along with contributing positively to be able to a burgeoning crypto overall economy.

Patience is the key here to deal with anything that is related to crypto and blockchain. A calm mind will always get maximum output. Cheers.



Yes volatility should be centered of attraction and that is why I think this market need volatility at this moment that the market is very at an early stage. Bitcoin make the name it make because of the volatility and acceptable by some community. We are going to have another bull run in some days to come and that is why we should buy now that we can still be able to buy at the cheapest price now.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: roxasyolanda on November 01, 2018, 07:22:19 AM
Cryptocurrencies has only made it in to the mainstream media as an apparatus from the dark web when the infamous Silk Road has been turn off. Back then, that was far from getting considered a good investment decision for Wall Street types, nonetheless they soon joined the party.

Suddenly, banks, the thought front-runners of banking and financial institutions all had an opinion on Bitcoin - many of them thought it was a gimmick, or even rat toxic and far too unstable to take seriously, but conversations about Bitcoin were getting to be held in investment circles.

Stories of Bitcoin billionaires in addition to overnight millionaires cropped upwards, plus the individual investors overloaded to be a part of typically the massive wave of Bitcoin mania. This is why volatility was so crucial in establishing cryptocurrencies as a potential asset that will could also be used being a currency in a well-known society. However, this same volatility is additionally what could kill that goal.
A portion of what has cemented cryptocurrencies on the map given that they exploded into the public investor market has already been their volatility. Investors inundated to the likes of Bitcoin when, through Nov and December 2018, the value of the cryptocurrency increased in value tremendously. Conversely, such precariousness is a two-edged rapier, and the cryptocurrency bazaar has shown that in 2018 with Bitcoin’s price trailing more than 50 percent at times from the year finale worth of $13,000. The cryptocurrency market has also felt the ill effects of Bitcoin’s movements because of this of the price drops, Bitcoin’s trading volume, and even interest in the digital money realm also decreases. The danger is that changes can cause a significant exodus of investors to take place which severely dents the hopes of other cryptocurrencies gaining mass adoption standing.

Itai Cohen, CEO of Homelend says,
Quote
“The high volatility of crypto-assets is the result of investors’ reliance on the so called ‘adoption syndrome’ - where the perception of an asset’s value is mostly based on expectations about its adoption by the community.”

Volatility should be at the epicenter of attraction for crypto if there is to end up being a future through which crypto is employed widely in everyday instances. However, it needs a lot of bravery, plus some tactical know-how, to successfully navigate the lows, to retain oneself safe, and sane, along with contributing positively to be able to a burgeoning crypto overall economy.

Patience is the key here to deal with anything that is related to crypto and blockchain. A calm mind will always get maximum output. Cheers.




the volatility of cryptocurrency is just so normal, its part of the cryptocurrency, its the essence of it and thats why people were into it because of its volatility.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: treatWy on November 01, 2018, 07:30:21 AM
In terms of business view no one ever made the success in just one side. Good side and bad side always together on going whether you like it or not because in everything is risky.
With regards to bitcoin it is not exempted. It means someone can use this to scam and illegal purposes because people have choices what we should do. However, it is joyful to see somebody's success from bitcoin or from crypto.
They are able to help the needy. They are able to build whatsoever they can from bitcoin crypto profit.

I eagerly suggest that we should see more in advantage than disadvantage to have more good points of views.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: tenebriscaelum on November 01, 2018, 12:34:27 PM
Volatility means market movement and if there is no market movement then prices still be stale or its price will not be justified. Volatility is not essentially evil instead it is a necessity. Lets say this in the current price of USD of the USD stops its movement then its price in the market will not be justified and will lose its value and after that the USA will fall since they are dependent in the price of the USD and the same goes into other countries.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: dothebeats on November 01, 2018, 06:32:38 PM
Volatility is a double-edged sword in relation to bitcoin's growth and adoption, IMO. With volatility, it is easier to attract a lot of potential investors in the scene. On the other hand, it scares the common merchant in involving their businesses in cryptospace since their profits could turn into dust the second that a market swing occurs. Since the cryptomarkets are free for everyone, it's really hard to eliminate volatility since there would be different factions doing different trades resulting to a convoluted movement within the price. I guess we just need to accept that volatility is here to stay and it's the primary driver as to why more and more people are getting hooked up in trading cryptocurrencies.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: cluit on November 02, 2018, 06:17:24 AM
I think it depends on how good of an investor you are. If you are a good investor than you know that during the volatile markets if something drops than it is time to buy and if it goes up than it is time to sell. However, even though this seems like a simple logic we can definitely can see around the crypto space some people who came in during the peak times and bought bitcoin from 20 thousand dollars or lower a bit.

If you see something breaking the all time high x10 times over than you do not go out and buy that thing, you buy during the dip not the peak. Which is why right now we have so many people keep talking about how "bitcoin is going to die" because they couldn't make money with it and they wish you won't too. All these considered if you use this volatility to your favor than you can make decent returns with it.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: DooMAD on November 03, 2018, 03:49:13 PM
My thoughts on volatility are ultimately that whether markets are volatile or not, the most important part is that they are free markets.  We shouldn't be trying to "handle" volatility if doing so means we're trying to manipulate the market.  If someone could manage to keep volatility under control, that clearly means someone is controlling the market.  No one should want that.



Also, the original post appears to be a mix of phrases from this cointelegraph article (https://cointelegraph.com/news/volatility-the-necessary-evil-of-cryptocurrency-and-how-to-handle-it) and should be credited thus.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: LeGaulois on November 03, 2018, 04:27:49 PM
There is a trend recently with "stability". To me yes we have a stability period but we need to consider it as temporary, we all know soon or later it will pay. I am also considering the other side: without stability, the mass adoption will always be difficult and people will only use Bitcoin to invest (with potential gains/loss)


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: davis196 on November 04, 2018, 06:09:39 AM
I agree that the market volatility turned the cryptocurrency markets into a big casino.99% of the 2000 altcoins in existence are created for that purpose.This attracts the wrong type of investors.The ones that only care about the short term profits,instead of the investors,who want sustainable development of the blockchain technology and using it for something good.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: Reinz12 on November 04, 2018, 09:47:41 AM
I agree that the market volatility turned the cryptocurrency markets into a big casino.99% of the 2000 altcoins in existence are created for that purpose.This attracts the wrong type of investors.The ones that only care about the short term profits,instead of the investors,who want sustainable development of the blockchain technology and using it for something good.

Well, volatility in the market I think is fair, which is not normal is the player who is tempted by big profits. For the old players or traders, I feel they are learning each altCoin that is outstanding in terms of project and development. While at the moment the new players with zero knowledge jump to gain profits.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: btcluisdiki on November 04, 2018, 11:29:02 AM
In my views, volatility is just a part of how cryptocurrency works in the market and it is very unpredictable as always. Once volatility takes to effect in the market, dip in the market price will then be affected per exchange value with the USD currency. Hence, the good thing during dip or down trend market, it will be the best time in buying more btc and alts and just have to wait for the market recovery and assuming that it had increased higher than it was before the dip, chances is that you will be able to earn profit by selling it into a much higher price.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: ethereumhunter on November 04, 2018, 11:38:49 AM
I agree that the market volatility turned the cryptocurrency markets into a big casino.99% of the 2000 altcoins in existence are created for that purpose.This attracts the wrong type of investors.The ones that only care about the short term profits,instead of the investors,who want sustainable development of the blockchain technology and using it for something good.

Well, volatility in the market I think is fair, which is not normal is the player who is tempted by big profits. For the old players or traders, I feel they are learning each altCoin that is outstanding in terms of project and development. While at the moment the new players with zero knowledge jump to gain profits.

The volatility will always happen now and in the future and cryptocurrency market is different than the stock trading. People come and out in cryptocurrency, and some of them can make a lot of money from cryptocurrency while the other people were getting a big loss in cryptocurrency. I agree that new players that don't know can gain big profits because they have luck in their first-time trade. But I believe that the investor will gain the benefits or the profits too, and they will make a lot of money in the long-term while the new players cannot do the same.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: 1Referee on November 04, 2018, 03:53:00 PM
I agree that the market volatility turned the cryptocurrency markets into a big casino.99% of the 2000 altcoins in existence are created for that purpose.This attracts the wrong type of investors.The ones that only care about the short term profits,instead of the investors,who want sustainable development of the blockchain technology and using it for something good.
"wrong" type of investors or not, they bring liquidity to the table, which in most cases stays within the Bitcoin ecosystem with how dumb money always loses in the long run.

Quote from Warren Buffett;
Quote
The stock market is a device for transferring money from the impatient to the patient.
That perfectly applies to the crypto market and what I said above.

Volatility is a characteristic advantage of Bitcoin. Bitcoin isn't a stock backed by a company that could choose to rain dividends in an attempt to attract capital. The more smart money there is in the market, the lower the volatility will become, and the more usable Bitcoin is as currency. It takes times to get rid of the fluctuations as we know them now. How much time no one knows, but we're on the right track at least.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: Zadicar on November 04, 2018, 04:50:08 PM
I agree that the market volatility turned the cryptocurrency markets into a big casino.99% of the 2000 altcoins in existence are created for that purpose.This attracts the wrong type of investors.The ones that only care about the short term profits,instead of the investors,who want sustainable development of the blockchain technology and using it for something good.

Well, volatility in the market I think is fair, which is not normal is the player who is tempted by big profits. For the old players or traders, I feel they are learning each altCoin that is outstanding in terms of project and development. While at the moment the new players with zero knowledge jump to gain profits.

The volatility will always happen now and in the future and cryptocurrency market is different than the stock trading. People come and out in cryptocurrency, and some of them can make a lot of money from cryptocurrency while the other people were getting a big loss in cryptocurrency. I agree that new players that don't know can gain big profits because they have luck in their first-time trade. But I believe that the investor will gain the benefits or the profits too, and they will make a lot of money in the long-term while the new players cannot do the same.
No matter which field they are engage on either on crypto or stocks/forex volatility is always there since this is the thing or the reason that could give us the potential on gaining profits. The thing here between the two is that the level of volatility would really be different. It would really be treated as evil but anytime it would really be treated as a normal essence of crypto.As long there would be tag of war between sellers and buyers volatility would still exist.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: hatshepsut93 on November 04, 2018, 05:44:24 PM
There is a trend recently with "stability". To me yes we have a stability period but we need to consider it as temporary, we all know soon or later it will pay. I am also considering the other side: without stability, the mass adoption will always be difficult and people will only use Bitcoin to invest (with potential gains/loss)

Bitcoin mainly attracts people who don't want to use traditional payment methods and currencies for some reasons, and those people tend to think that the benefits of using Bitcoin outweigh the risks of volatility. And on the other hand, those who don't use Bitcoin usually have many reasons to not use it - they are happy with banks, they don't understand Bitcoin and so on, so volatility is only one of the factors for them. So, Bitcoin can continue getting users even despite volatility, although I think it will decrease over time.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: proTECH77 on November 04, 2018, 06:36:06 PM
Cryptocurrency volatility is a creeping evil as this will tend to scare away potential investors from investing. In the real world the word "volatility" is uncomfortable with potentials investor in any sector of the economy. Though the recent trend on Bitcoin price has lower the tension on it volatility and proven itself to likely be a stablecoin after regulation.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: kryptqnick on November 04, 2018, 06:49:53 PM

Volatility should be at the epicenter of attraction for crypto if there is to end up being a future through which crypto is employed widely in everyday instances. However, it needs a lot of bravery, plus some tactical know-how, to successfully navigate the lows, to retain oneself safe, and sane, along with contributing positively to be able to a burgeoning crypto overall economy.

Patience is the key here to deal with anything that is related to crypto and blockchain. A calm mind will always get maximum output. Cheers.

Volatility will not help to use cryptos 'in everyday instances'. If the prices were fixed in btc, people would still care what they pay for some products if they convert it to fiat and fluctuations would not be welcomed. At the same time, traders usually pay attention to such regular cycles of peaks and downs, so for them it's good.
I am not sure volatility should be the thing attracting people. Decentralization, freedom, right to generate coins should. IMO volatility is just something we could live with, it's a justified sacrifice, but not more than that.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: bettercrypto on November 04, 2018, 11:39:15 PM
Volatility is a distinctive characteristics of cryptocurrency. This might be good at first and for the traders. But, speaking of future and to go mainstream adoption, this volatility might be one of the obstacles. Movements in the prices are good as long as movements are not that huge.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: jcpone on November 04, 2018, 11:49:27 PM
For now, we can say that the large volatility of a decentralized cryptocurrency is its essence. As a rule, it is not provided with anything, and its price is formed solely on the relationship between supply and demand. Demand and supply can never be constant in nature, because hundreds of thousands and millions of buyers and sellers of cryptocurrency are participating in the market at the same time, and all of them proceed from conflicting personal interests.
Cryptocurrency volatility is good for traders and a problem for states.

I agree with you that for now, for investors, for traders, th volatility of cryptocurrency are gold mines for them. Expecting a high risk high income investment. This is the reason why a.lot of people have joined cryptocurrency especially the bubble created last year, the hype was made bigger. However, if the governments are concerned, this volatility made it difficult to accept cryptocurrency. It is not good for the economy.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: Osarman on November 07, 2018, 05:49:16 AM
Suddenly, banks, the thought front-runners of banking and financial institutions all had an opinion on Bitcoin - many of them thought it was a gimmick, or even rat toxic and far too unstable to take seriously, but conversations about Bitcoin were getting to be held in investment circles.
of course the bank will say like this, because their technology cannot defeat the technology of the blockchain, and they are afraid that someday fiat money that actually comes from the bank will be replaced by Cryptocurrency
Actually, banks will always say whatever they feel like just to make themselves feel good, but in reality, no one actually cares as far as I am concerned. There is really nothing to be afraid of honestly, unless they just want to be afraid for their own pockets, or the fact that cryptocurrency brings competition or will bring huge competition for the banks, but in general sense, it will actually just be an alternative, which is honestly a good thing. The market is decentralized and new, so I expect that volatility is something that is expected. Even when gold hit the market, we all knew how volatile it was, so to me, they really do not have any point at all.

For now, we can say that the large volatility of a decentralized cryptocurrency is its essence. As a rule, it is not provided with anything, and its price is formed solely on the relationship between supply and demand. Demand and supply can never be constant in nature, because hundreds of thousands and millions of buyers and sellers of cryptocurrency are participating in the market at the same time, and all of them proceed from conflicting personal interests.
Cryptocurrency volatility is good for traders and a problem for states.
Volatility is even something we cannot hide from at this stage. Cryptocurrency market is a very new one, we all know that we have not even entered the level of mainstream adoption yet, and there is actually more room for growth, and until we probably see a huge level of adoption, greater developments when it comes to real life usage, before we can see any level of volatility subside a little bit.

However, just like you said, whoever wants to complain about volatility is their own choice, but the main reason why a lot of retail traders as well as institutional traders have found this space attractive is as a result of its volatility.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: awik p on November 07, 2018, 06:56:04 AM
For now, we can say that the large volatility of a decentralized cryptocurrency is its essence. As a rule, it is not provided with anything, and its price is formed solely on the relationship between supply and demand. Demand and supply can never be constant in nature, because hundreds of thousands and millions of buyers and sellers of cryptocurrency are participating in the market at the same time, and all of them proceed from conflicting personal interests.
Cryptocurrency volatility is good for traders and a problem for states.

I agree with you that for now, for investors, for traders, th volatility of cryptocurrency are gold mines for them. Expecting a high risk high income investment. This is the reason why a.lot of people have joined cryptocurrency especially the bubble created last year, the hype was made bigger. However, if the governments are concerned, this volatility made it difficult to accept cryptocurrency. It is not good for the economy.
in the trading market, of course volasitas are essential, many investors enter market, given a bright future, so profits can be obtained. but it is indeed a regulation from government that makes its development hampered, until it has a high risk


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: damberg on November 07, 2018, 10:29:13 AM

Volatility should be at the epicenter of attraction for crypto if there is to end up being a future through which crypto is employed widely in everyday instances. However, it needs a lot of bravery, plus some tactical know-how, to successfully navigate the lows, to retain oneself safe, and sane, along with contributing positively to be able to a burgeoning crypto overall economy.

Patience is the key here to deal with anything that is related to crypto and blockchain. A calm mind will always get maximum output. Cheers.


I only quoted the important part of OP about volatility. Volatility is the most precious and valuable attribute of cryptocurrency markets. There is nothing more destructible for trading accounts than sideways movement.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: FlightyPouch on November 07, 2018, 10:35:23 AM
For now, we can say that the large volatility of a decentralized cryptocurrency is its essence. As a rule, it is not provided with anything, and its price is formed solely on the relationship between supply and demand. Demand and supply can never be constant in nature, because hundreds of thousands and millions of buyers and sellers of cryptocurrency are participating in the market at the same time, and all of them proceed from conflicting personal interests.
Cryptocurrency volatility is good for traders and a problem for states.

I agree with you that for now, for investors, for traders, th volatility of cryptocurrency are gold mines for them. Expecting a high risk high income investment. This is the reason why a.lot of people have joined cryptocurrency especially the bubble created last year, the hype was made bigger. However, if the governments are concerned, this volatility made it difficult to accept cryptocurrency. It is not good for the economy.
in the trading market, of course volasitas are essential, many investors enter market, given a bright future, so profits can be obtained. but it is indeed a regulation from government that makes its development hampered, until it has a high risk

Volatility is not important, it is not essential since Crypto currencies are volatile as it is even in the beginning since they are decentralized and that is the reason why most of the investors are investing on Crypto currencies is that of because of the volatility of it. The important here is the continuity of the profits it is giving to the investors making their demand higher and higher through time.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: rationotled on November 08, 2018, 11:03:46 AM
Cryptocurrencies has only made it in to the mainstream media as an apparatus from the dark web when the infamous Silk Road has been turn off. Back then, that was far from getting considered a good investment decision for Wall Street types, nonetheless they soon joined the party.

Suddenly, banks, the thought front-runners of banking and financial institutions all had an opinion on Bitcoin - many of them thought it was a gimmick, or even rat toxic and far too unstable to take seriously, but conversations about Bitcoin were getting to be held in investment circles.

Stories of Bitcoin billionaires in addition to overnight millionaires cropped upwards, plus the individual investors overloaded to be a part of typically the massive wave of Bitcoin mania. This is why volatility was so crucial in establishing cryptocurrencies as a potential asset that will could also be used being a currency in a well-known society. However, this same volatility is additionally what could kill that goal.
A portion of what has cemented cryptocurrencies on the map given that they exploded into the public investor market has already been their volatility. Investors inundated to the likes of Bitcoin when, through Nov and December 2018, the value of the cryptocurrency increased in value tremendously. Conversely, such precariousness is a two-edged rapier, and the cryptocurrency bazaar has shown that in 2018 with Bitcoin’s price trailing more than 50 percent at times from the year finale worth of $13,000. The cryptocurrency market has also felt the ill effects of Bitcoin’s movements because of this of the price drops, Bitcoin’s trading volume, and even interest in the digital money realm also decreases. The danger is that changes can cause a significant exodus of investors to take place which severely dents the hopes of other cryptocurrencies gaining mass adoption standing.

Itai Cohen, CEO of Homelend says,
Quote
“The high volatility of crypto-assets is the result of investors’ reliance on the so called ‘adoption syndrome’ - where the perception of an asset’s value is mostly based on expectations about its adoption by the community.”

Volatility should be at the epicenter of attraction for crypto if there is to end up being a future through which crypto is employed widely in everyday instances. However, it needs a lot of bravery, plus some tactical know-how, to successfully navigate the lows, to retain oneself safe, and sane, along with contributing positively to be able to a burgeoning crypto overall economy.

Patience is the key here to deal with anything that is related to crypto and blockchain. A calm mind will always get maximum output. Cheers.



When I come across posts like this I usually feel bad, cause it reminds of the kind of good opportunity I missed in 2009 and the earlier times when Bitcoin was really cheap. I know a friend that bought Bitcoin at that time with just a little money and now this guy is big millionaire. I’m working really hard just wish I could be like him. I pray God bless my hard work here, cause I have seen a lot of people that have been to achieve their dreams through investing in cryptocurrency, and I have also seen others that failed. But the best is what I wish and it takes hard work to accomplish.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: Slow death on November 08, 2018, 03:56:11 PM
In fact, in the past years when the price of bitcoin was very small, governments and banks did not comment on bitcoin, because they did not look at price and volatility as very dangerous, but when the price began to rise from $ 6,000 to $ 20,000 has aroused the attention of many governments and banks and the argument of banks and governments is that this high volatility is very dangerous. So in my opinion the volatility is Creeping Evil



Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: nur rochid on November 08, 2018, 04:39:30 PM
In fact, in the past years when the price of bitcoin was very small, governments and banks did not comment on bitcoin, because they did not look at price and volatility as very dangerous, but when the price began to rise from $ 6,000 to $ 20,000 has aroused the attention of many governments and banks and the argument of banks and governments is that this high volatility is very dangerous. So in my opinion the volatility is Creeping Evil


indeed many people want to get acquainted with bitcoin, when prices soar. with the basis of decentralization and purely from buying and selling to determine the price, then in my opinion high volacity is possible to occur easily, so that is the essence of BTC


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: blackhawkeye1912 on November 08, 2018, 05:35:46 PM
In fact, in the past years when the price of bitcoin was very small, governments and banks did not comment on bitcoin, because they did not look at price and volatility as very dangerous, but when the price began to rise from $ 6,000 to $ 20,000 has aroused the attention of many governments and banks and the argument of banks and governments is that this high volatility is very dangerous. So in my opinion the volatility is Creeping Evil



You're right that the attention suddenly pickup last year telling that the constant change is good. One purpose of volatility is to get the attention of the investors and the governments. They succeeded on this. Moreover, the attention is really on it when the bearish market is almoat 10 months already.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: Ozero on November 08, 2018, 05:52:57 PM
For now, we can say that the large volatility of a decentralized cryptocurrency is its essence. As a rule, it is not provided with anything, and its price is formed solely on the relationship between supply and demand. Demand and supply can never be constant in nature, because hundreds of thousands and millions of buyers and sellers of cryptocurrency are participating in the market at the same time, and all of them proceed from conflicting personal interests.
Cryptocurrency volatility is good for traders and a problem for states.

I agree with you that for now, for investors, for traders, th volatility of cryptocurrency are gold mines for them. Expecting a high risk high income investment. This is the reason why a.lot of people have joined cryptocurrency especially the bubble created last year, the hype was made bigger. However, if the governments are concerned, this volatility made it difficult to accept cryptocurrency. It is not good for the economy.
in the trading market, of course volasitas are essential, many investors enter market, given a bright future, so profits can be obtained. but it is indeed a regulation from government that makes its development hampered, until it has a high risk

Volatility is not important, it is not essential since Crypto currencies are volatile as it is even in the beginning since they are decentralized and that is the reason why most of the investors are investing on Crypto currencies is that of because of the volatility of it. The important here is the continuity of the profits it is giving to the investors making their demand higher and higher through time.
The continuity of profits is perhaps the most attractive moment in cryptocurrency, allowing you to make large profits over a long period of time. However, it can not last long. Any type of cryptocurrency will reach its highest price point, after which it will no longer grow in price. Therefore, it will be necessary in time to switch to the retention of new young and promising coins.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: Theb on November 08, 2018, 06:25:01 PM
In fact, in the past years when the price of bitcoin was very small, governments and banks did not comment on bitcoin, because they did not look at price and volatility as very dangerous, but when the price began to rise from $ 6,000 to $ 20,000 has aroused the attention of many governments and banks and the argument of banks and governments is that this high volatility is very dangerous. So in my opinion the volatility is Creeping Evil
Well it depends on your point of view, I also know for a fact that the march from 6,000$ to 20,000$ attracted a lot of new investors who most of them don't even know how to trade, these people of course are now either holding crypto assets at a loss or has cut their losses by by now. Of course the government will be concerned about this as also some of their citizens are affected with the sudden correction and it might affect their economy badly. Aside from that their is also an issue about people in the industry who are not paying their taxes right, for people who have gained a lot in the last bull run it will be unfair for the others to see them run away without paying their taxes right, so a government interference is really needed to make some right regulations to work in the crypto market.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: magneto on November 09, 2018, 11:54:17 PM
There is still relatively little actual merchant adoption to say that bitcoin will stop being volatile any time soon.

But in my opinion, this volatility is absolutely nothing bad. In the long run, we know that bitcoin is going to be a store of value and thus hold up its real value relatively well against the CPI. The volatility is only something that is a short term phenomenon.

What volatility suggests to me is not only is it something that speculators are able to draw upon. That to me isn't really a positive. But rather, the fact that it's volatile means that it's completely separate from the fiat system due to its decentralised nature, which is exactly what bitcoin was initially designed to do. If bitcoin ever became pegged to the USD or move extremely close to it, I think that the adopters will in fact be extremely disappointed as it suggests that fiat has gained a significant influence over prices.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: Big-bigger-bitcoin on November 10, 2018, 07:31:24 AM
In terms of business view no one ever made the success in just one side. Good side and bad side always together on going whether you like it or not because in everything is risky.
With regards to bitcoin it is not exempted. It means someone can use this to scam and illegal purposes because people have choices what we should do. However, it is joyful to see somebody's success from bitcoin or from crypto.
They are able to help the needy. They are able to build whatsoever they can from bitcoin crypto profit.

I eagerly suggest that we should see more in advantage than disadvantage to have more good points of views.
Everyone who is into investment will always experience some difficult times, but the only thing that matters is how it ends at last. Some people start as failure and at the end they come out as winners, while some start as winners and at the end its something else.

We hear stories of how people succeeded by investing in cryptocurrency but we hardly hear stories about those that failed, cause those ones hardly make it to the news.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: efxtrader on November 10, 2018, 09:04:15 AM
Bitcoin price always volatile i think because not regulated by government yet. Beside that, as new investment instrument, many investor think its a breaktrough on current economic system and as digital new store of value, it will be good for long term


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: jseverson on November 10, 2018, 11:11:20 AM
Volatility is a distinctive characteristics of cryptocurrency. This might be good at first and for the traders. But, speaking of future and to go mainstream adoption, this volatility might be one of the obstacles. Movements in the prices are good as long as movements are not that huge.

It's characteristic, but I wouldn't go as far as to say that it's distinctive. Volatility should fall under control as the market grows.

Bitcoin price always volatile i think because not regulated by government yet. Beside that, as new investment instrument, many investor think its a breaktrough on current economic system and as digital new store of value, it will be good for long term

I don't think regulations can solve Bitcoin's volatility, unless it's been established that the only factor behind it are manipulators. Regulation can't really influence the way the market moves externally.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: audaciousbeing on November 10, 2018, 02:50:59 PM
The issue of volatility would continue to be a controversy till the nearest future in which I don't see abating anytime soon. Its has become a situation of two edged sword that while on one hand, its the reason participants are in the market, on the other hand, its the sole reason keeping other intending participants away from the market.

The point is, as much as there are gainers in the currency phenomenon and there would also be gainers should the volatility be ended, there is nothing to worry about the future of the market.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: fauzan Ichsan on November 11, 2018, 06:27:01 AM
bitcoin is base only in prediction then the price of it can go drops or high in an instant and this is worldwide like we users,traders and investors do buy and sell here another thing this is good already with so volatile market then that's why this run because if this is only stable i think few users only will use this not like this really popular now
with high volume it is a strong characteristic of bitcoin. where people can look for big profits here. but even though it can provide big profits, BTC also has a big risk, because of its high volume


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: timerland on November 12, 2018, 09:55:27 AM
I wouldn't go as far as to say that volatility is something positive.

But clearly, it's not something that is as bad as some exaggerate it to be. Just let me give you an example - I'd rather hold an asset that will retain most of its value and not have its currency supply debased in the long run, compared to something that may seem like it's stable in the short term, but in fact in the long run has always shown the tendency to move down in value.

Honestly, it's what you get with a free floating currency that has no ties to any central authority. With the way things are going, I really see no issue with this even if it's not positive. Merchants accept BTC right now based on their USD value which is not that great, but protects them against any rate fluctuations. And in the future, with more adoption, volatility would lessen by itself.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: bravehearth0319 on November 12, 2018, 03:26:52 PM
Volatility in cryptocurrency is needed for the it to be attracted to investors and to get attention of the people about the potential of cryptocurrency. This is very important especially for the very young technology. However, as soon as these cyrptocurrencies get mainstream, volatility must be reduced, if not eliminated, to sustain its adoption.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: primer61 on November 12, 2018, 05:28:14 PM
Volatility may be considered positive only in view of attracting new investors and traders, thus increasing its adoption. This is one of the main features of Bitcoin, and all altcoins for that matter too - their price is tied to BTC`s price nevertheless. Other than that, it is very hard to build a sustainable economy on the asset whose price drops or raises more than 5-fold in course of one year. This very feature may prevent adoption of crypto as mainstream payment option, I wonder how much time will it take to normalize the delta of this fluctuation - it seems stable at the moment, but some experts predict it to raise up to 10000 USD next months. No wonder countries hesitate to adopt crypto.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: Nnedaddy1 on November 12, 2018, 07:27:35 PM
The high volatile nature of Cryptocurrency is just it's feature and not any evil as alleged here.
Remove volatility from Cryptocurrency and you would have succeeded in defeating the creation of Cryptocurrency in the first place.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: jcarlo on November 12, 2018, 11:49:49 PM
If we do not want see high volatile price in market, better we hold our inverment for long term. Long term teach us to patience while the price fluctuation. And i think high fluctuation in cryptocurrency is usual like in any other market


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: Dimon8 on November 13, 2018, 07:21:58 AM
The volatility of crypto currencies is the essence of crypto. If there were no volatile price fluctuations last winter, then new investors would come to the crypto market, which these fluctuations attracted.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: tbterryboy on November 16, 2018, 05:42:33 AM
Cryptocurrencies has only made it in to the mainstream media as an apparatus from the dark web when the infamous Silk Road has been turn off. Back then, that was far from getting considered a good investment decision for Wall Street types, nonetheless they soon joined the party.

Suddenly, banks, the thought front-runners of banking and financial institutions all had an opinion on Bitcoin - many of them thought it was a gimmick, or even rat toxic and far too unstable to take seriously, but conversations about Bitcoin were getting to be held in investment circles.

Stories of Bitcoin billionaires in addition to overnight millionaires cropped upwards, plus the individual investors overloaded to be a part of typically the massive wave of Bitcoin mania. This is why volatility was so crucial in establishing cryptocurrencies as a potential asset that will could also be used being a currency in a well-known society. However, this same volatility is additionally what could kill that goal.
A portion of what has cemented cryptocurrencies on the map given that they exploded into the public investor market has already been their volatility. Investors inundated to the likes of Bitcoin when, through Nov and December 2018, the value of the cryptocurrency increased in value tremendously. Conversely, such precariousness is a two-edged rapier, and the cryptocurrency bazaar has shown that in 2018 with Bitcoin’s price trailing more than 50 percent at times from the year finale worth of $13,000. The cryptocurrency market has also felt the ill effects of Bitcoin’s movements because of this of the price drops, Bitcoin’s trading volume, and even interest in the digital money realm also decreases. The danger is that changes can cause a significant exodus of investors to take place which severely dents the hopes of other cryptocurrencies gaining mass adoption standing.

Itai Cohen, CEO of Homelend says,
Quote
“The high volatility of crypto-assets is the result of investors’ reliance on the so called ‘adoption syndrome’ - where the perception of an asset’s value is mostly based on expectations about its adoption by the community.”

Volatility should be at the epicenter of attraction for crypto if there is to end up being a future through which crypto is employed widely in everyday instances. However, it needs a lot of bravery, plus some tactical know-how, to successfully navigate the lows, to retain oneself safe, and sane, along with contributing positively to be able to a burgeoning crypto overall economy.

Patience is the key here to deal with anything that is related to crypto and blockchain. A calm mind will always get maximum output. Cheers.



Bitcoin is not evil. It’s just like saying that money is evil, while it is not, it can only be the root of evil because some people are ready to anything just to get money. So you’re actually the one being evil and not Bitcoin. Bitcoin is just there for you to use it for whatever you wish, whether you want to use it for good or bad, that’s your concern. I’m very sure that a lot of us here are using it for good and not for bad.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: stellgod on November 16, 2018, 06:05:20 AM
Bitcoin price always volatile i think because not regulated by government yet. Beside that, as new investment instrument, many investor think its a breaktrough on current economic system and as digital new store of value, it will be good for long term
I don’t see anything wrong with the volatility, it’s for investment and a lot of people knows that already. Things like this are meant to be volatile, it’s left for you to make your decisions wisely so that you don’t lose your money cause you have been told already that it is volatile. If you choose to trade regularly, it’s up to you, there are people that trades every few hours and makes profit from it daily.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: andrei56 on November 16, 2018, 09:26:24 PM
The volatility of cryptocurrencies is surely going to be in the market for the foreseeable future, the limit in the amount of bitcoins that are going to exist means that whenever the demand for bitcoin goes up there is not enough coins to meet the demand and that is what makes the price of bitcoin to skyrocket and since the limit of coins is not going to change then the volatility will be here for a long time.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: wuvdoll on November 17, 2018, 08:37:27 AM
I don’t see anything wrong with the volatility, it’s for investment and a lot of people knows that already. Things like this are meant to be volatile, it’s left for you to make your decisions wisely so that you don’t lose your money cause you have been told already that it is volatile.
The fact is that, the volatility is something a lot of people want in this market, and for the past few weeks of little consolidation, we obviously could see a lot of people's reaction when it comes to the market being a little bit too boring. Actions are always needed, so it depends on how you want to take advantage of those actions that matters anyway. Secondly, this is a new market, so one way or the other, volatility is not something we can run away from. As the market gets more matured over time, I believe this is something that will reduce to a certain extent but never completely.

the limit in the amount of bitcoins that are going to exist means that whenever the demand for bitcoin goes up there is not enough coins to meet the demand and that is what makes the price of bitcoin to skyrocket
But at one point, demand and supply may meet as digital currencies are divisible infinitely. You cannot be calm like bitcoin is having a fixed supply. Only fixed number of coins but may have unlimited circulating units and its worth also may go up up to the level the demand drags. But these are the concerns only for extreme conditions and as of now bitcoin will remain volatile and may go any level too.

Quote
The volatility of cryptocurrencies is surely going to be in the market for the foreseeable future
Yes. In the past cryptos managed among wild volatility to achieve some unbelievable price levels hence we must take these volatile natures as a essence for growth as it works on attracting new investors with different reasons based on how one new investor will be ready to risk their affordable money.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: MainIbem on November 17, 2018, 08:46:19 AM

Stories of Bitcoin billionaires in addition to overnight millionaires cropped upwards, plus the individual investors overloaded to be a part of typically the massive wave of Bitcoin mania. This is why volatility was so crucial in establishing cryptocurrencies as a potential asset that will could also be used being a currency in a well-known society. However, this same volatility is additionally what could kill that goal.

There are few better ways to put this message across, but you have in these words stated an ominous fact. At the stage, we are now, volatility is like a poison. If there is anything to do, it is to reduce volatility. It is, therefore, a good thing that prices of bitcoin and other coins have remained relatively stable since August. This tempo should be maintained.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: patarfweefwee on December 18, 2018, 03:37:37 AM
I don't know if crypto currency's volatility is the main sellibg point that we should advertise. I mean yeah it helps alot if we're treating it as an investment only, butnthe goal here is for adoption. So the main selling point should be the next big thing in currency because it is instantaneous and is decentralized.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: awik p on December 18, 2018, 04:25:28 AM
I don't know if crypto currency's volatility is the main sellibg point that we should advertise. I mean yeah it helps alot if we're treating it as an investment only, butnthe goal here is for adoption. So the main selling point should be the next big thing in currency because it is instantaneous and is decentralized.
I think with the formation of prices that are purely from demand and supply, then I think volatility is inherent in cryptocurrency. we know the price can be played by whales to get the profit they expected. so as a small fish we must be able to follow where the whales go, so stay alive here


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: Ezenwanyi1 on December 18, 2018, 07:37:52 AM
Actually I believe that the volatility nature of Cryptocurrency is what makes Cryptocurrency what it is today.
It is an essential part of the cryptocurrency story.
Remove it and the very purpose for the creation of Cryptocurrency would have been defeated.
Volatility is what makes the high return on Cryptocurrency investment over a short period of time possible.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: ufalo3 on December 22, 2018, 07:30:34 PM
I don't know if crypto currency's volatility is the main sellibg point that we should advertise. I mean yeah it helps alot if we're treating it as an investment only, butnthe goal here is for adoption. So the main selling point should be the next big thing in currency because it is instantaneous and is decentralized.

The volatility of the cryptocurrencies let people make money. The difference between the prices of one altcoin (or Bitcoin) gives a trader a chance to earn a lot. Volatility feeds him.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: Menawi12 on December 23, 2018, 02:26:52 AM
Volatility happen in any market and not just in cryptocurrency market. Cryptocurrency market more high volatile because crypto still unregulated by government and i think its like pump and dumb. But i am believe its real market and real investment


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: henlity87 on December 24, 2018, 07:40:22 AM
Cryptocurrencies has only made it in to the mainstream media as an apparatus from the dark web when the infamous Silk Road has been turn off. Back then, that was far from getting considered a good investment decision for Wall Street types, nonetheless they soon joined the party.

Suddenly, banks, the thought front-runners of banking and financial institutions all had an opinion on Bitcoin - many of them thought it was a gimmick, or even rat toxic and far too unstable to take seriously, but conversations about Bitcoin were getting to be held in investment circles.

Stories of Bitcoin billionaires in addition to overnight millionaires cropped upwards, plus the individual investors overloaded to be a part of typically the massive wave of Bitcoin mania. This is why volatility was so crucial in establishing cryptocurrencies as a potential asset that will could also be used being a currency in a well-known society. However, this same volatility is additionally what could kill that goal.
A portion of what has cemented cryptocurrencies on the map given that they exploded into the public investor market has already been their volatility. Investors inundated to the likes of Bitcoin when, through Nov and December 2018, the value of the cryptocurrency increased in value tremendously. Conversely, such precariousness is a two-edged rapier, and the cryptocurrency bazaar has shown that in 2018 with Bitcoin’s price trailing more than 50 percent at times from the year finale worth of $13,000. The cryptocurrency market has also felt the ill effects of Bitcoin’s movements because of this of the price drops, Bitcoin’s trading volume, and even interest in the digital money realm also decreases. The danger is that changes can cause a significant exodus of investors to take place which severely dents the hopes of other cryptocurrencies gaining mass adoption standing.

Itai Cohen, CEO of Homelend says,
Quote
“The high volatility of crypto-assets is the result of investors’ reliance on the so called ‘adoption syndrome’ - where the perception of an asset’s value is mostly based on expectations about its adoption by the community.”

Volatility should be at the epicenter of attraction for crypto if there is to end up being a future through which crypto is employed widely in everyday instances. However, it needs a lot of bravery, plus some tactical know-how, to successfully navigate the lows, to retain oneself safe, and sane, along with contributing positively to be able to a burgeoning crypto overall economy.

Patience is the key here to deal with anything that is related to crypto and blockchain. A calm mind will always get maximum output. Cheers.



Come. To think of it, a lot of people here are investing their money in Bitcoin because they see it as an investment and not as a currency like a few of us would say. So if majority of us here are investing their money because they see it as an investment, that means the volatility is needed, cause if it’s stable a lot of people would lose interest and the value will drop.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: upsidedown75 on December 25, 2018, 06:26:28 AM
Volatility in cryptocurrency is needed for the it to be attracted to investors and to get attention of the people about the potential of cryptocurrency. This is very important especially for the very young technology. However, as soon as these cyrptocurrencies get mainstream, volatility must be reduced, if not eliminated, to sustain its adoption.
Volatility is the reason why we went to 20 thousand dollars to begin with, it is not really healthy to convict volatility because we went down as well. Of course the price was suppose to go down, it will go up again as well. The problem that you guys think causing all of this is actually the reason why bitcoin is amazing.

Since there are no regulations at all on bitcoin (not using or buying/selling btw, just "bitcoin" as in general) governments and judges can't do anything about it, they can make you buy it harder or more difficult but they can't change a single line of code on bitcoin with law.

Which means of course people will do whatever they please without the worry of some troubles from federal reserves or anything, they won't care if the national debt goes higher, no problem if wall street collapse, bitcoin is all own its own. Which means volatility but also freedom.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: ausbit on December 25, 2018, 10:08:40 AM
I don’t think the goal was to make something that would become a currency in any society, the goal was to create a way of making quick and cheap transactions. Bitcoin is a lot of different from banks and other payment systems, you don’t need emails or to fill out any long information concerning the person you’re sending money to. All you need is just their wallet address and you’re good to go, just copy and paste and that’s it, within a few seconds they have got their money.

Come. To think of it, a lot of people here are investing their money in Bitcoin because they see it as an investment and not as a currency like a few of us would say. So if majority of us here are investing their money because they see it as an investment, that means the volatility is needed, cause if it’s stable a lot of people would lose interest and the value will drop.
Yes you’re right, a lot of us are here because we want to invest and make profit. If it wasn’t volatile you wouldn’t be making any profit from it. I don’t think it is a currency, it is highly volatile and nobody would like to make use of a currency that is highly volatile like cryptocurrency. I remember losing a lot of money once when I tried to make use of Bitcoin as savings for a week. The truth is that it is just like a gambling, you might gain profit or you lose, that’s why it’s risky.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: Tylev on February 05, 2019, 05:29:57 PM
Bitcoin price always volatile i think because not regulated by government yet. Beside that, as new investment instrument, many investor think its a breaktrough on current economic system and as digital new store of value, it will be good for long term
I don’t see anything wrong with the volatility, it’s for investment and a lot of people knows that already. Things like this are meant to be volatile, it’s left for you to make your decisions wisely so that you don’t lose your money cause you have been told already that it is volatile. If you choose to trade regularly, it’s up to you, there are people that trades every few hours and makes profit from it daily.
Cryptocurrency volatility is both a positive and at the same time negative quality and essence of a decentralized cryptocurrency. Cryptocurrency volatility attracts investors and traders the opportunity to obtain quick and high profits. However, high price volatility at the same time is a big and serious obstacle to the legalization of cryptocurrency by states. Because of this, states see cryptocurrency as a very risky investment for citizens and a financial bubble.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: deisik on February 05, 2019, 06:34:58 PM
I don’t think the goal was to make something that would become a currency in any society, the goal was to create a way of making quick and cheap transactions. Bitcoin is a lot of different from banks and other payment systems, you don’t need emails or to fill out any long information concerning the person you’re sending money to. All you need is just their wallet address and you’re good to go, just copy and paste and that’s it, within a few seconds they have got their money

Are you sure about that?

If I'm not mistaken, Satoshi's whitepaper is called something like "A Peer-to-Peer Electronic Cash System". Cash is synonymous with currency (or money), while cash system as I see it refers to a payment system which makes use of this currency. Apart from that, creating a way of making quick and cheap transactions can be done via creating a currency in its own right (though not only that, of course). Anyway, if you come to disagree, you are welcome to explain your stance in greater detail


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: Lawrenzoo on February 28, 2019, 05:39:23 PM
i think volatility is what has brought bitcoin to limelight and at the same time its the same volatility that iis killing it sllownly


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: GregH37 on March 02, 2019, 05:24:01 PM
There’s are so many things that can be listed as to the reason volatility is necessary to cryptocurrency and can at the same time be very deadly,Cryptocurrency and Bitcoin particularly only made into the main stream as a tool of the dark web period infamous silk road was shut down. Then it was far from being considered a good investment for wall street types, then suddenly, banks had an opinion on Bitcoin, many thought it was a fake,and they also believed it was too volatile to be taken seriously.

People became amazed and couldn’t get enough of this weird asset that could double in price in weeks,that was how the stories of people who became billionaires and millionaires overnight cropped up and everyone wanted to become a part of bitcoin.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: Kopyleft on March 02, 2019, 06:39:41 PM
This is a very long thread, and that's because the concept of volatility and how it affects bitcoin is a much debated topic.

The pump of 2017 was what is believed to have put bitcoin as well as other cryptocurrencies out there. But in reality it simply attracted greed regrets and bewilderment from majority of people. Anyone who heard about bitcoin during the bull run regretted not knowing about it earlier (even if some of them may have). And some dived in and incurred loses.

The current market is much different from where it was almost two years ago.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: yslyv on March 03, 2019, 07:09:15 AM
it is a fact that volatility of all crypto currencies are so high so they are extremely risky for investing. but on the other hand, crypto market is a very good opportunity to investors that has not so big amount of money to invest.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: Ucy on March 03, 2019, 03:48:38 PM
Nothing is wrong with volatility.

 Imagine if Bitcoin had been stable at its early stages, its price would still be below zero.
The idea behind bitcoin deflation is to prevent your bitcoin savings from losing value in long term future. This is what has been the problem with fiat currencies and some important developers recognized this fact


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: gantez on March 03, 2019, 03:56:06 PM
i think volatility is what has brought bitcoin to limelight and at the same time its the same volatility that iis killing it sllownly

People who understand bitcoin and cryptocurrency would not border about the volatility. They already know about it because of its other benefit. Those people who want to be independent from government control. Yes, those people who like to do their business while just clicking on their laptop s, phones and other mobile devices and not to visit the banks for business proposals, transactions etc.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: LUCKMCFLY on March 03, 2019, 04:52:13 PM
i think volatility is what has brought bitcoin to limelight and at the same time its the same volatility that iis killing it sllownly

People who understand bitcoin and cryptocurrency would not border about the volatility. They already know about it because of its other benefit. Those people who want to be independent from government control. Yes, those people who like to do their business while just clicking on their laptop s, phones and other mobile devices and not to visit the banks for business proposals, transactions etc.
It may be seen that many altcoins have a zero return, but it is due to the phase in which the market is passing, many do not understand that this phase is the best to buy and maintain, no matter how much it falls, the important thing is to maintain the calm, leave the panic and wait for the bitcoin to begin its upward race, you can not determine how long it takes, but it will happen, and at that moment all the altcoins will have a good price growth.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: futile-resistance on March 04, 2019, 04:19:28 PM
i think volatility is what has brought bitcoin to limelight and at the same time its the same volatility that iis killing it sllownly
Very well said. You just hit the nail on the head. Many years back when Bitcoin first started it was a its because of how volatile its was and how it raised millionaires and billionaires in weeks that made so many big companies to start making it a point of discussion and then they started investing, same way as it might look that it’s going to bring it down but I would say that it’s not true.

Yes, incoming investors are scared because of the rumors they’ve heard and those who are familiar with the system are busy buying, soon there will be another raise of billionaires and millionaires and Bitcoin will again become the song in everyone’s mouth.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: fasdorcas on March 08, 2019, 06:54:50 AM
I am happy about this and its evidence that the adoption of cryptocurrency is rising. Now this would be a mutual benefit to both buyers and sellers and to the merchant it will be more benefit because majority of cryptocurrency traders will be attracted.

I still don’t know what is preventing all those in the real estate sectors about accepting bitcoin yet and I hope they do not regret this later. Bitcoin has completed 10 years successfully but not sure what else proof those people are still looking for.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: shoreno on March 08, 2019, 08:56:59 AM
Nothing is wrong with volatility.

Imagine if Bitcoin had been stable at its early stages, its price would still be below zero.


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Nothing is wrong with volatility.

course there is  . volatility is a hindrance to some because this decreases their chance of earning huge income  .

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Imagine if Bitcoin had been stable at its early stages, its price would still be below zero.

bitcoin at early stages do already have a value and eventually after the adoption increases  , the value also climb  . imagine if bitcoin is not volatile , do you think the value will not progress ?

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Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto

i think crypto volatility is both an evil and an essence  . evil because it drives greed  . it saps our cash  ,  but this is the essence of crypto due to its decentralized nature  .


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: Indrawan77 on March 08, 2019, 01:01:59 PM
I think volatility could be advantage and disadvantage of the crypto, it will depends on how people used it, if its for trading then definitely volatility is the main attraction, but if we want crypto become currency then the volatility need to be decrease, for now bitcoin and other crypto become famous because of the high volatility


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: Kimonoe on March 08, 2019, 02:09:14 PM
I think volatility could be advantage and disadvantage of the crypto, it will depends on how people used it, if its for trading then definitely volatility is the main attraction, but if we want crypto become currency then the volatility need to be decrease, for now bitcoin and other crypto become famous because of the high volatility
right, but to be stable as a currency, of course you have to get permission from all countries, so btc holders become scattered, and it's hard for whales to play with prices, because it has to affect many people


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: wuvdoll on March 08, 2019, 07:15:54 PM
Volatility has its pros and cons, it all depends on how much volatility we are talking about. First of all lets be honest and say that when bitcoin went from around 900 dollars at 2017 spring to 20 thousand dollars in 2017 december we all loved bitcoin volatility, we were in love with the fact that it could move that quickly that high.

However, as soon as 2018 became a bad bear market that made bitcoin drop from 20 thousand dollars to 3 thousand dollars (to this day we are up 3x-4x from 2017 spring) we started to hate the volatility. If we are talking about from 3.500 dollars to 4200 dollars and back than its fine, that is a small change that could happen all the time and we are fine with it but whenever those big moves either up or down happens we are scared of what could happen and what it means for bitcoin.


Title: Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
Post by: neonshium on March 10, 2019, 08:57:41 PM
Let’s assume that bitcoin was stable and there is nothing like volatility in it, do you think you will still see anyone here ?

I have heard about a lot of people that bought a lot of bitcoins in the past and they abandoned it because they never expected the price to go up to this extent. And after the price increased , they started running helter-skelter looking for ways to unlock their storage and get their Bitcoin out, which majority of them never succeeded in doing. So volatility is what attracts people to Bitcoin.