Bitcoin Forum

I'm not talking about these supposed stablecoins like Tether, but normal coins.  Let's say an agreement was made among all the major Bitcoin exchanges.  Starting January 1, a Bitcoin is worth $5000 USD, plain and simple, and that's it.  The price never goes higher or lower.  A Bitcoin is $5000 today, tomorrow, next week, next month, etc.  NOTHING changes it.  Not a war, not the economy, not Trump getting re-elected (which he will, he's doing a great job), nothing.

I wonder if that could be done and what the effect would be. 

One effect is that I wouldn't be buying BTC, because with no price volatility, how could I ever make a profit?  But one good thing is that normal companies may be more inclined to use Bitcoin, since its price is now fixed and does not change.

No, the exchanges don't set the price, it is the whole demand and supply that affects it, which they are not in control of. Now, if you want them to manipulate their own market, it still not enough since they can't force people to buy and not everyone would join knowing they can be sued for it.

I can't really see how bitcoin would be stable when nothing backs the price 乁( ͡ಠ ʖ̯ ͡ಠ)ㄏ. If ever it happens tho, I think it'll be easier for big companies to trust cryptocoins.

Then it will totally defeat the purpose of having Bitcoin or crypto in general. Although that's one disadvantage is that its very volatile but we have battled it in the last 10 years that people learn how to live (and die) with it. I don't understand how you can't make a profit through volatility though, might be difficult in the beginning but as you mature as trader then you will learn how to embrace and take advantage of its price fluctuations either short or long term goal.

Most traders will likely stop using Bitcoin and exchanges could go out of business if they keep this $5,000 rule. This will never happen because all exchanges will change anything to keep their users happy and if it occurs at some point it won't last long because there are other places where people can sell and buy BTC for more or less than $5.000.

Another thing that can happen is bitcoin mining will become unprofitable since the required power to mine a block increases over time and having a fixed price won't be enough to sustain their expenses.

it would never happen. exchanges wouldn't collude to end volatility because that's how they profit.

in theory, trading would just grind to a halt since traders wouldn't be able to buy and sell at real prices. everyone would just withdraw their coins and fiat and send them to legitimate exchanges that weren't trying to rig the price.

exchanges really aren't that powerful. there are so many now all across the world that effective collusion like that is totally impossible. it's the market---traders and investors---that determine the price, not exchanges.

If the price of the Bitcoin is fixed, then I simply don't see the importance and use of Bitcoin in the mainstream and its use in everyday life. If the price of the Bitcoin is stable (fixed), then why in the world would I exchange my government backed fiat currencies which are accepted everywhere for crypto like Bitcoin which have a very limited acceptance and can be banned by government any day they like. If I prefer stability then I would prefer fiat over any investment because value of 1$ will always be 1$ so no need for me to let go of my money. Fiat is without any doubt the more stable than anything in the world.
The only use of that crypto left would be anonymous transactions which will be needed by a very few people on a daily basis and that crypto would loose all its popularity and I don't see a very long future for this kind of coin at all.

Not really. If price is stable ppl would actually put more trust to it primarily because the risk of your money dropping value, would be gone. In that case we can assume more merchants! Additionally bitcoin is easy to set-up, so it would be useful to countries where most ppl doesn't have bank accounts. Can't really see it having no future when it has an actual use.


Not always. Fiats are backed by governments so naturally, the value would drop if its backer falls into crisis.

You don't want stable coins like tether but then say that you want to see stable bitcoin, can't understand what you mean. Such an agreement mustn't be made and also people decide bitcoin's price, not exchangers. Also fixed price of btc is unusable because increased mining difficulty will make mining unprofitable. Without mining, your transactions won't be confirmed and so on. Bitcoin's main idea is decentralyzation, what you say goes against it.

Don't know how you think on this.

Even we applied the "what if" here, it's quiet difficult to imagined because that's how crypto exchanges gets their profit. And pointing to bitcoin, take note also of the circulating supply which plays a big role on it's volatility.

Anyhow, it can applied on some alts.*

Get something stable if you don't want to lose. Or dont get anything at all

only based on unsustainable price fixing. i don't see that lasting too long! ;D

the prices on off-exchange/p2p markets and the non-colluding exchanges would just diverge from the fake prices. i think the market is smart enough to recognize which prices are real.

Oh wait. I wasn't basing it on anyone's idea, I just answered hypothetically ;D  I still stand by my opinion that I can't see it becoming stable.

Nevertheless, this just adds to one of the many loopholes op's idea has.

Locking the price at one level goes against the principle of Cruptocurrency, as it brings element of control to it - in this case it is the exchanges who will control it. And for sure there will be exchanges that disagree with this position, they will push for their own price etc. etc. etc.

On the other hand, such high volatility is the thing preventing Bitcoin from being a viable substitute to major fiat currencies, the situation is not that obvious.

You already ask your question and the fact that exchangers doesn't have that power to dictate on what should be the price of each crypto. If that's the case then BTC wont be different into fiat money.
It wont be called as a crypto if it do have that kind of characteristics and you are right if its fixed or not volatile then making money is impossible and investors will surely lessen up.
It wont be recognized as crypto.

this could not be done, but exaggerated volatility can be minimized with the entry of large investors and with the entry of governments to make regulations that are favorable for bitcoin, if governments oversee the exchanges, if we do not have more pump and dump groups, if we end this habit that a simple opinion of someone expert or developer of the currency causes that the price increases 50%, if we end this, we will see a more acceptable volatility.

In simple words you are going to change the whole crypto market by amending price fluctuation. On positive side people will be happy who are in favour of crypto market. On negative side people will leave crypto currency and there will be very few people who will be using BTC or any other crypto currency. I am in favour of this if it going to happen some day, but I don't think so it will happen.   

Lol, are you doing campaign for Trump? By the way, what you’re asking isn’t possible, the price can’t be locked to a particular price, it fluctuates always (volatile) and there is no way to change that. What moves the price is demand and supply, so let’s assume that people stops to buy and sell for a week, maybe the price will stay stable. But you can’t stop the buying and selling.

Bitcoin price cannot be fixed because it is not controlled by any bank or government or any regulating authority. Bitcoin price should be determine by demand and supply. The more the demand of bitcoins, the more value will be of it. In case if people are not interested in buying it, it will surely lose its value.

The price of bitcoin won't be locked as you are thinking. Although that's just an example that plays to your mind but let's get into reality that bitcoin won't be volatile anymore if there's no motion for its price.

No one asks you to buy bitcoin if it has "stable" price at $5,000 or same that never moves. The purpose of bitcoin is still there but its value is going high as time passes by and it won't change.

at any time we cannot definitely fix her like the value of cryptocurrency because it is not like that , in our country blockchain Technology are more developed nowadays not only in some countries but also in all over the world so the price value will not be fit said it changes every day when people increasing investing then the value will be definitely going up and up.

Bitcoin can never be at a stable price. Since people still trade cryptocurrencies, there can never be a time when any crypto would be stable, that would mean no need for trading or holding since there is no appreciation in value. The volatility of cryptocurrencies is one feature that can never be wiped off.

Yes you are right we can see this point to any other currency but Bitcoin will not support this format because it is more and stable currency and we cannot find the perfect place it changes every day so the price of the bitcoin cannot be locked at one place

You can’t do that, if you buy Bitcoin and keep in your wallet or an exchange , it will be fluctuating as the market price goes up and down. The only way you can keep the price stable is if you move the coins to a stable coin like USDT or TUSD. Or you can withdraw to Fiat and wait for when things get better and you can invest back in the market.

Well even the dollar and other fiat currencies are not locked and they also change their value on daily basis but the problem with bitcoin is that it is too much volatile. Dollar never rise up or down too much in a single day as compare to bitcoins and other digital assets.

No, it couldn't be locked in place.

1. If an exchange tried it, and the price was better on another one, people would go to that one.

2. If the government tried, there would be no practical way to accomplish it. Cryptocurrency is cryptography and hashes. More broadly, it is information and algorithms which validate the information. Information can easily have it's source disguised and it's content hidden from outside observers in a variety of well tested and standardized ways. It need not even pass through the internet at all, which is what a cold wallet is (on it's own), although it is certainly more convenient. Therefore the government couldn't fix a coin price either.

People don't really ever learn even just looking on dollar or any currency.They would really able to saw that price isn't fixed.It moves its value on each second but only a few cents on a particular day but it do still have volatility but not really much compared to crypto and that's the big difference among them. When we do talk about lock up or stable price then its value would still remain and wont move even a single digit.
For exchange talks about btc price, it wont really happen at all and besides crypto and fiat are two different worlds and they do have their own corresponding usage.

This is out of basics of economics. Who we are to do that ? Only Apple may fix the price of Iphone X. But, USA government should not try to fix price of gold. You are talking like we are the creator and and to fix a value for bitcoins. Might be if Satoshi would have been thought this way then he might have done that. But Satoshi might have thought about deciding value of bitcoins based on market demands because this is how value of everything in this world is being fixed.

If a coin stabilizes its price, it contradicts its very purpose since what dictates the price are the demand and supply of each coin in the market. In addition, most individuals acquire and purchase cryptocurrencies to take advantage of their volatility for short or long-term investments. Unlike any conventional investments present in the market, mostly are centralized and governed by each agency which foresees the transactions.
The purpose on why bitcoin skyrocketed was due to the fact of its high-volatility which can garner large amounts of profits in a short amount of time compared to stocks, bank deposits, gold investments, etc.


Another thing to note is its scarcity. Many individuals compare bitcoin to gold and view it as 'digital-gold' due to its limited number of amount in the market. There are many factors to consider about the volatility of cryptocurrencies especially when government agencies or large investment companies intervene with the said processes and spread false news.

An exchange or the people who hold huge amount of bitcoin and want to sell all of them at certain priceirrespective of the current market value then yes it is possible but who is going to buy for a fixed price when the actual current prices will be lesser than that and if the price increases more the user who selling it for that price is real stupid. :D

The truth is that bitcoin will no longer be bitcoin without it's feature of volatility.
The market will not even be interesting again, as it will just be like paper money.
I am sure that so many would even leave the Cryptocurrency space should this happen because they stand no chance of making profit just like you pointed out.

Yes, only if it is not traded ::)

Probably can be but this is more to exchange or to individuals who hold them. But can remember when I saw this that some coin is locked or to be precise that exchange locked it. Know that they delete or cancel ones that dont have good margin or no one is trading with them.

It do really just matter with supply and demand.So, there would always be sellers and buyers with this market which means a volatility in price.No one can holds or lock the price of a certain coin if they wanted to unless if no one trades then its possible but every market has 2 parties involve and do have the aim on making money.Therefore, if everyone sees no volatility then they wont really tend to engage with it since they do know that they cant really make any profits with it.

I don't think that it will be a good idea if bitcoin have a stable price which it's impossible, because the price is depend of the demand and the supply, this volatility of the price is must, else it will be no trading and people can't earn nothing. In general, it's better if the price is volatile like that, so people can invest and trade and do whatever they want. That's right, it's a bit risky because you can lose, but this is how the market afloat.

Anything on the market is traded freely, so its never possible.

The whales are always dominant.

I do say this is happens more by from developers than to exchanges though. I have seen many developers do this, they do this especially when they just release their coin to the market and don't want bounty hunters to dump on them. It's another way of them protecting their coin price.

This cant be. The price is never been locked on the same value forever. You will notice that even bitcoin stays for a particular margin, it still moves up and down but only little by little. Its the volatility that it makes it that way. It is such that, its not that volatile at the moment. Nothing to bother.

You have the answer. And why should a company go with bitcoin when it is stable. They can choose either dollar or other currencies existing. The usage of crypto currencies volume would be zero and the moto behind inventing bitcoin goes for a toss. As crypto currencies are fluctuating in nature and able to gain profits, everyone is behind it.

From the body of your post, you have answered your questions. I tell you bitcoin wasn't made to be a stablecoin, that is not the role. For any reason that it becomes stable, then its purpose is defeated.

By the way, are fiat stable ? They are not. They fluctuate gradually.


I wonder if you are trying to converse a re-election for triumph via this platform ;D

This is utopia. If bitcoin will turn stable, even back to 20000 $ soon it will loose its popularity and become worthless. People will sell it and there will be no one who will wish to buy it per such high price.

This instability of bitcoin has grown even further with the introduction of Leveraging platforms like Bitmex. Such platforms cannot work until there is a lot of volatility in bitcoin prices.
Only strong regulations can make bitcoin and altcoins stable, but i think it is unlikely to happen.

Never had such an question ever before but the answer to your question is a clear no. C'mon it is common sense that only those commodity's have a fixed price where someone or an authority decides the price. When it comes to Bitcoin there's no such authority who sets a fixed price for ,it also goes for other cryptocurrenies as well.

it doesn't make any sense, its' simply a contraddiction.

Yes, maybe the OP raised that question because we are in a bear market and almost everyone is losing money that's why he has this idea, but anyways, it won't work simply because volatility is part of crypto so to call it contradiction is an understatement.

Well there's a lot of stable coins out there. If you're a crypto enthusiast and wanted to hedge then that is your best option to say the least.

If you are locking the cost at one dimension conflicts with the rule of cryptocurrency, as it conveys component of control to it, for this situation the trades will control it. What's more, without a doubt there will be trades that can't help contradicting this position, they will push at their very own cost and so forth and so forth. and so forth.

I dont think its possible. It will not seriously come up in the market if the coin just stays in a place. I understand USDT marketcap increases day by day but too many coins with the same features will not bring the expected results. Crypto's demand just depends on its fluctuations.

We might see fluctuations or increase on stable coins but the margin of movement isnt really that recognizable to be volatile thats why they are called stable coins.They do have different usage when it comes to
overall market which using it up to make conversions if the market has a horrendous situation where you do like to stabilize your crypto holding to fiat holding.

Volatility is always been the number one thing on where most people prefer because with this it can really give out chances to get huge profits but well in return it do give higher risk on losing too.

It's actually a nice idea if implemented.
But I know that the implementation of it in the Cryptocurrency space will be a turn off to investors, institutional investors even individuals ,which will inadvertently decrease the adoption rate of Cryptocurrency.
Majority of investors that are into crypto are actually here for the purpose of maximizing profit.
So making bitcoin a stable coin will decrease adoption.

The possibility is zero sure because it can't be controlled like fiat. Other countries and stable coins can be controlled but bitcoin is decentralized, independent and anonymous in every aspect.

Then what would make difference between fiats and cryto currencies. Fluctuation is its natural character which is the main reason for crypto market's strength. It has reduced enormous issues faced because of banking system and its protection on the customer's assets. Blockchain has been crypto's backbone to achieve success to this level.

This is now to open our eyes and consider crypto a new system development in currency.
It actually we don't need to have a stable coin or not see any price fluctuation cause this is only to prove that crypto is still alive. In the event that some coins prices where lock due to of being centralized coins just like of some companies created their own utility coin but it only few of them mostly are decentralized which we can see price movements all the time. 

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I don't know how exchanges run but can they technically do what OP was suggesting tho? And how long until users would be able to find out that the prices has been manipulated?

No one cannot be able to manipulate the price unless they bit volume of bitcoin or ethereum. Actually few weeks market volume has increased big in the marketplace.
If he wants locked coin then he should pick the stable coins available in the market they should not wait decentralised coins to do such things before that it is not possible first.

You say fantastic things))) the Market is there to trade,this is the difference between supply and demand. What will happen with the other crypto-currencies and tokens?For a long time bitcoin is not the only cryptocurrency that is used in purchases and mobile applications.

The rise and fall of bitcoin prices are full controlled, by the market or the people who use it meaning that bitcoin moves independently without being supported by banks or the government, besides that bitcoin also has a limited supply of 21 million coins and is created based on a deflationary model. With this number limited, of course there are distinct benefits for the growth of bitcoin prices because at any time the price of bitcoin can grow, of course it will continue to grow.

In essence bitcoin cannot be pegged and determined by certain parties with something else, whether by the government or even the big pope, because the price of bitcoin's entirely in the market.

Many people are investing in bitcoin not for the purpose of using the technology it has but to earn huge profit once its value increase over time just like what happened in past 10 years so if the price will be stable and cannot increase even the demand is high no one will buy bitcoin, your idea in not totally possible. 

What you trying to happen isn't impossible. We all know and are aware how Bitcoin price was always volatile. And for that manner, we cannot fix a certain price for it even someone wanted it eagerly. The Bitcoin is its independence from world governments, banks and corporations. Not one authority can interfere into BTC transactions, impose transaction fees or take people’s money away or even lock its price just like what you wanted. Moreover, the Bitcoin movement is extremely transparent - every single transaction is being stored in a massive distributed public ledger called the Blockchain. The price depends on its demand and supply. Its the matter of Bitcoin where the prices can only be change naturally. But on the otherhand, we cannot control the buy and sell of the Bitcoin, so locking up the price is very far to happen.

Volatility is one of the key features of Bitcoin and that can't be changed. You can't freeze the price and keep the wanted value. Although sometimes looks like the price is standing still this is only temporary and even slight ones, fluctuations are always present. So you can't interfere in Bitcoin price in the way you want to and influence the market. Having in mind what kind of ideas people have, they really lack some basic knowledge about Bitcoin.

On the market there are so many cryptos already that the price for some of them really seemed frozen. I have heard that some of huge exchanges are going to take away few coins from their lists due to unliqudity. Well, it's normal.

This is one of the big issues for people when they transact in bitcoin.  What happens if someone has to a return an item and bitcoin price has changed 20%.  you need to establish if repayment will be in fiat amount or the same bitcoin amount.  Some people use this to their advantage and take whatever has greater value.

This is the reason why Bitcoin isnt really accepted by most merchants when we do apply it on traditional businesses.Due to volatility,it would always be
the issue and i cant really see the possibility of locking its price into its recent place.We know the properties of Bitcoin and all of crypto tokens/coins in the market which
had always been volatile.

Nah, no coin can get its price locked in place, they will always fluctuate, unless you're talking about USDT.

But, I don't really know much about those cause I never made use of them. I make use of Luno wallet and it's pretty good cause I'm always able to convert my coins to fiat at anytime and can also convert it back to cryptocurrency quickly.

It's really cool to have a wallet that can do that, cause it saves me a lot of times. Luno is not the only wallet that does that, there are many others too, but Luno is what I make use of.

To this I will add that even if bitcoin was not decentralized what the op is proposing is called price controls and it has never worked, the price of something is always changing, you just need to look at the prices in your grocery store and you will see that as time passes the prices of products most of the time go up but they could also go down if there is a big supply of that particular product or if a new improved version of a product has appeared that makes the previous version not as good so this needs to be reflected on the prices of those products, if that is not the case we will begin to see distortions in the markets that some people may use to their advantage.

Someone can manipulate btge price in a short period of time but they can't stop it's volatility. No one has the control of the system, it's all dependent on the people's demand. Theres no ways it could be like a normal currency, but seeing how it grows I can like it's not going to die but go even higher in the future. So better store a lot of them in a secure wallet like Hodler and expect better future for it.

Why do you expect a crypto coin's price to be very stable. Don't you think this wont help either crypto's growth or the investor. But yes, to safeguard the   assets earned in exchanges the stable coin can certainly help as like USDT. Crypto's nature is its price fluctuations and thats the reason we do see such a massive crypto market has given.

The market forces is responsible for the price movement its dictates how the price moves i.e forces of demand and supply thus locking the price amount to not profitable for trading thus will lead to many exchanges closing down operations.
I understand that the present state of bitcoin in term of the price is bearish however its does mean that its not trade-able you are worried that  the price had not pump for a long time and your preference is to having a fixed or stable price without volatility which absolutely not feasible and is counterproductive.
More so fundamental news is another aspect that have high impact on price movement even in stock market eg brexit issues had really affect the price of GBP ie its very unstable now.

Exchanges can't set there own price. Lol. Bitcoin is unstable so it means it cannot be locked in a place but it can stay for a perio of time and change quickly. Why do prices fall?  It is because of us users who sell, buy and trade that causes the proce to move. Tokens and ICO are the most coins that becomes frozen because there is not traders or the traders has left the specific coin.

Bitcoin volatility can only be less if the bitcoin market cap is very high and there are lot more people involve and use bitcoins. We everyone will have bitcoins, then it cannot be manipulated by the whales as whales will not have the majority of the coins. More the distributions of the coins, the less is the volatility.

For a coin to be stable it needs to be backed with $ or gold or other assets. Exchanges do not freezing the prices as demand and supply are determining it. The main advantage of BTC is that it is decentralized, why even think about it how to centralize it.

I think locking the price of a particular coin or altcoin can be done, it's just that we need to have very, very large funds, besides that way there might be no other way.

Why do you think they need a large fund before they lock a coin ?  The owner of the coin can lock with or without funds whatsoever  . sure locking the coin can be a good way to secure the value of the coin but only for temporary purpose .  as soon as the team decided to unlock the coin , that is the time that bounty hunters and investors will dump their coins  .  locking the coin is only making the situation worst becuase this can give people to prepare  .  the dump can be more harder this way   .

Progress in line with demand and supply. Exchanges can not intervene. But they usually manipulate and play. Supply demand is quite, price unbalanced.

In my own opinion, it can't be done . Coins or tokens' price can't be locked in place for the reason that the market does not manipulates the price, it is us traders who have the control to it. It can be temporary locked once the the project management team will have some changes in terms of improving their project or swapping.

I don't like it and I think all traders and investors will not like this idea, it's an open market we do not want manipulation and control, it's all about the principle of buying low and selling high, it's never been done before and I don't think it's going to happen soon.

Absolutely not, there is no possibilities to that kind of things, Just to be easy if the price of coins were fixed, then there will be no one would wish to trade the coins, because we can't get any profit from a fixed price coins.

Impossible bitcoin price could be locked in one place because bitcoin will have the same price around the world and not worried which one country do you came from, always have the same price bitcoin.

on average, the price of bitcoin is the same, but for each exchange there is a price difference that is usually used by traders. buy in exchange for which the price or growth is still slow, and sell it at a faster exchange rate of growth.

As it occurred to you. Look at the dollar, euro, ruble and other currencies. They are controlled by banks and regulate the course, but still there is movement. With cryptocurrency it is impossible to do.

It is very difficult to happen. The market must always be volatile that helps investors like us to operate. And because there is nothing back for the value of Bitcoin, it cannot be as stable as money

I think that it is almost impossible to fix the price of a coin on the spot under the conditions of very high market volatility.
The ups and downs of the cryptocurrency market greatly affect prices, as well as demand from participants.

The value for anything is always determined by the market.
Stable coins are stable because they have a equal number of currency stored as a escrow that can be changed in and out to maintain the price of the token.
There are concept of rise only markets, all of which have ended in scams.

no one can lock the price though, it all happend naturally, depend on market exchange only
no one or no exchange can handle the price of coin/token

All tradable assets in the world are not stable. Tether or other fixed coins are only assets that are useful to store your money constant. Where there is demand and supply, constancy is impossible.

I think it will never be possible because besides the stable coins, the price of the coin will continue to change depending on various aspects such as market conditions, market demand and also the total supply of coins, therefore bitcoin will never have a fixed price but precisely because of that is, traders can take profit from the price changes that occur

thats sound imposible for me,,
because many people buying and selling bitcoin and others cryptocurrencies my friend and of course that will affected the price of crypto especially bitcoin
as we can see now,, bitcoin price growing hard and i believe soon will touch 5K USD my friend  ;)

The exchange can manipulate the price if it wants. but I think it will be very easy to track and then everyone will stop trusting this exchange.

actually never been a fixed price for cryptocurrency. We want if we consider certain projects, which in fact exist and their coin has a certain price, but they do not swear anywhere. An example is the Galaxy company with the GES coin.

In the conditions of the beginning of the stability of the cryptocurrency market, the prices for coins will be kept without sharp jumps.
After the rise in the market begins, prices will soar up and many players who have invested in coins will get a good profit.

the price will only go up or down, that is what will happen because even the USDT which is a stable coin also increases and decreases so it is not possible to lock the price.

the market runs in general based on supply and demand, even stable coins will not be able to be truly stable, if indeed there is a project, they also need a volume of supporting prices, or they will not be of any value. In economic principles, this applies to attracting markets which are always the starting point for determining prices.

I think that this cant be, because the price will always change. There are many large investors who can influence the price at any time. However, in the future, perhaps bitcoin will be more stable, but it is too early to talk about it.

Locking the price of the coin is not an option as that would be a centralized solution and crypto is not about it.
I am supporting the decentralized solutions for the stable coins as well like DAI.

stable coins are "pseudo" crypto :) but they allow you to earn more consistently over the long haul

This will defeat the the purposes of reasons why people invest in cryptocurrency because nothing will be like making profit again and most of the exchange will runs out of business .

I don't think that coin price should be locked in place, but it could be locked in place just like USDT or other stablecoins, but this is not interesting to invest in. These coins have purpose to save your wallet value in USD for short term, but holding them for long term doesn't have any purpose.

It will absolutely even be impossible, the technology was created to provide an anonymous transactions, so if they introduce that, then it automatically turns it to the same way our traditional market works which makes no sense to have a duplicate system, it would have also been better then in that case for traditional banks to incorporate blockchain technology while they still have control over it, although if it was done the way OP suggested, it would make the objective of blockchain tech as a payment system quickly come to pass, unlike what everyone of us is using them for now.

You cannot simply lock a coin price, because we have a free market here and there are tons of factors that are influencing this price. It would be pretty awkward to lock the price now, because we are just launching the rocket.

Is not simple to lock it and get a stable price for a long time, exchange can't set it and be a stable price because who hold bitcoin and who buy will not sell or buy for a fixed price.

No one can control the coin price nor anyone can suppress it. Bitcoins and crypto currencies are decentralized and no one have control over them.

If you want to pump a coin, you need to bring volume into it. Demand and supply play a major role in bitcoin and price movements.

Um, that would absolutely destroy the crypto economy.

You are talking about Trump, so I am assuming you are American?
Then how can you not know how a free market works?
There is only growth when there is a free reign of valuation, speculation, supply, demand, and the exchange of goods.
The moment you try to fixate it on something, the entire machine comes to a grinding halt.

Also, fixing a price to BTC would go entirely against what btc is all about in the first place.
Blockchain was invented to allow direct p2p transactions.
We control it, distribute it, trade it, valuate it, without interference from middle men or centralized organizations.

The price of BTC today has nothing to do with what exchanges think it should be.
And everything what are general market is willing to buy and sell it for.

If you don't understand these very fundamental basics, I suggest you research more about market economics and blockchain technology.

why would you want your investment to sit on the same price ? that is not an investment anymore but only a deposit, like banks works... . also the price is not set by the exchanges or this is what I want to belive....

it would be an interesting experiment, unfortunately is an unattainable thing the exchanges make each one their own price and then let's not forget about the dex where the market value is determined by the users...

In any case, the market price is formed only by one criterion, and this is when demand creates supply. Based on this, it is necessary to understand that only real investments in the cryptocurrency market will be able to correct the current situation.

Well, now only the exchange and set prices. I also don't want to believe in it, but this is how the market works now

Assets with a fixed price are commonly referred to as stablecoins which are typically backed by collateral and can be used for transacting and hedging against market volatility whereas assets that don't have a fixed price can be more speculative in nature and are primarily used for trading and investment purposes so it wouldn't be very useful to have these set at a fixed price

This is the market and all prices can change because there are sellers and buyers. And for the value of this coin, it changes because it is affected by the problems that are currently circulating. But it is safer to invest in top coins because they have large volumes. Prices can easily change and this will give you an advantage.

In my thought, locking up the coin price in a fixed price will be the same as killing that coins, many people will be leaving that coin behind, because they can't trade that coins to generate profit from that respected coins. It will surely able to be used as a payment tool only.

of course what is done is not locking the coin for a long time. maybe the development team is still preparing for an update or wants to make price stability in advance to attract investors in. all assets will be traded because there is also no fixed price movement in one price.

No never because exchanges can't control the price it's the people who are trading are the ones who dictate the price of a certain coin, its a law of supply and demand. I also don't think people will actually like locking the price of a certain coin because bitcoins concept is to be decentralized and not to be controlled by anyone.

The idea, of course, is very interesting, but it cannot be fully implemented in practice. Exchanges only provide the process of trading and can not affect the price of cryptocurrency. Everything still depends on supply and demand. Only they determine the price of cryptocurrency on the market. If the administration of the exchanges interferes with the process of free price formation, the market will actually disappear. Then market participants will simply look for other, over-the-counter free trade routes. People will bypass the established prohibitions, such measures have never been effective.

If there is a similar conspiracy of the exchanges, people simply will not use them and will look for other ways for free trade. And such opportunities will always exist. No administrative pressure can affect the free price on the market, which will always be formed on the basis of supply and demand.
In general, the establishment of stable prices in the market is impossible. This is contrary to the principles and spirit of the market itself and the exchange will never support such an offer.

Its not the exchange call to fix price for any particular coin or tokens and its never going to be and if there is who will use them? Rise and fall in price of bitcoin as its advantages

He wouldn't be asking such a question if the price of Bitcoin only goes up. Let's assume that the price keeps going up and never goes down, you wouldn't like to have it locked in place (particular rate) because you would like to make profit. Bitcoin is determined by the selling and buying. How much that comes in or goes out at that moment will determine where the price is heading to.

Exchanges are not even the ones who can say what the price is going to be. Buying cryptocurrency is the same like when you're buying stocks, you don't expect their price to be fixed. If you feel like you're going to lose money due to the price that is volatile, all you can do is to pull your money to real money. There are exchanges that can let you switch to a different currency right on their platform if you'd like to keep your money.

Yes, we do not want the price of our coin to be fixed. Everyone is investing in crypto currencies to get good money from the change in prices. Yes, one thing we all want is that the prices do not fall below our purchase price but then its a volatile market, anything can happen here.

That sounds like a communistic approach, where everything is being controlled by one committee or organization, it's not going to happen to a system that is decentralized and independent, that is such outrageous idea and we do not know it is going to be implemented.

The cryptocurrency market is very unstable and constantly evolving, so I am sure that for a long time the price of a coin cannot stay in one place.
It is the market volatility that allows many participants to be successful in their investments.

There are some coins called stable coins and that not necessarily means that its market price is stationary and constant, though there are also coins that are limiting the sell price to a certain amount to avoid getting dumped and also its market price is not stationary and constant, in conclusion, there are no coin with price locked in place as market decides how much would it be.

The vision of Satoshi Nakamoto was to create a decentralized coin which is not dependent. To have a fully peer-to-peer
system with open source code, with no trusted third party. Are we trying to find the ways how to destroy that vision and why?

In decentralized environment we have no control over the price of the coins. Ofcourse if you think of centralized currencies, like USD etc government take steps to keep dollar stable at a certain price and this is possible because the demand and supply is in their hands. They could introduce artificial schemes which may not let dollar fall to a certain point or rise to some point.

Since no one is in control of bitcoins, no one can set its price and therefore we see a much volatile prices in crypto currencies.

Nobody here will like the idea, most of us here invest for profit, and the word buy low sell high and hodl will no longer exist, this is decentralization industry, there should be no governing body that will dictate the price of Bitcoin or any other coin, they will lose their true essence.

Any restrictions that limit the free development of the market ultimately become ineffective. People will always find a way around the limits. As for establishing a stable price for cryptocurrency, in this case, cryptocurrency holders and investors will carry out transactions in cryptocurrency through OTC transactions and in this market there will still be demand and supply, and therefore the price of cryptocurrency will vary.

it is true that the cryptocurrency price movements in exchange will never be stable and there will always be price movements because cryptocurrency can only be controlled from the interaction between buyers and sellers in the exchange.

Using it as payment tool already is more than enough to keep the coin going, although locking it completely without having a little room to move between prices will make investors or traders loose interest but we also have large number of companies too that could make it continue to function which I know that it will be absolutely impossible to lock the price because it doesn’t depend on a controlled market system.

But, we have to start having it at the back of our mind that a time will come that the price action of BTC will almost near that of a stable coin, in future, once it has gain the attention of large number of the population and the adopt it, the market will become very less volatile for investor to make any short term or long-term gain, because then, the price would have been too high and very difficult to see it manipulated and by then, will be more useful to Traders, Holdlers for store of value and companies using it for payment service.

Where anything send into public investment, it's difficult to control the value except your company and you try to manipulate your stock value.

Beside it's economy law where there is a value , there will be the demand , without the demand ,it's worthless !

If it is possible to lock a coin price in a place, then it ceases to be a market because in a market the people who determines the price of goods and services are not those that made the market available to traders but those that actually trade in the market, this is same with crypto and it's not possible to control a free market because the price of the coins in the market is determined by those who trades in the market.

It can be maintained at a certain value if the creators of the coin decide that the coin should maintain a certain value. But it would become a stable coin.
Some coins are surely being manipulated to stay at a certain price. The good thing is if you want to buy or sell a coin, you don't need to worry about the quantity of USD or coins you want to sell.
Now, if you want to sell a big bag of coins, you are going to make the coin fall. Or if you want to buy a lot of coins, the price is going to increase a lot. Because of this, it is safer to only have few money into the crypto market.

You can't control the price in decentralized market. Simply, people will trade OTC for the price what they like. And you will have no volume, no volatility on exchanges that will offer diffrent price than real price.