I think that it is impossible to control volatility, because bitcoin is based on a decentralized system. What makes it volatile is supply and demand, and we can not control people who buy and sell bitcoin.
Not like our fiat money, bitcoin not controlled by any institution and its hard to control bitcoin price in market. With decentralized, bitcoin price controlled and submitted by market participant.
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The total value of bitcoins in circulation and the number of businesses using Bitcoin are still very small compared to what they could be. Therefore, relatively small events, trades, or business activities can significantly affect the price. In theory, this volatility will decrease as Bitcoin markets and the technology matures. Never before has the world seen a start-up currency, so it is truly difficult (and exciting) to imagine how it will play out.
Bitcoin always have high volatile because its already on market and peoples make speculation on bitcoin price. Its an asset and like gold, all commodities when it comes to market, fluctuation always happen. Beside that, high fluctuation because market not mature yet. That my opinion
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We are entering in the new type of economy where price predictions are not possible any more because productivity and prosperity of humanity will rise to the new golden age level. Bitcoin will go to 1 million dollars in 2018 and is being used by central banks as a global stardard ledger - dollar will fade slowly those who buy now will become the new wealthy elite.
Bitcoin is revolution monetary system and thats why right now many central banks ban bitcoin as payment. Bitcoin ledger is transparant and transaction data spread all around the world. Its almost impossible to hack that data. I am believe that bitcoin will become good asset like gold and its better to hold bitcoin for long time
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Gold has been the traditional hedge against volatility and the modern banking system and it has been used as currency for thousands of years so there is a real momentum behind it. I think aside from a fully decentralised cryptocurrency gold is by far the best type of exchange of value
Peoples always like what they can see. Gold already become favorite investment for thousand years and it can not change by years. Its need time to people realize bitcoin function and bitcoin advantages.
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I was wondering which one was your favorite out of the two cryptocurrencies? I think Ethereum has proved to be more flexible than Bitcoin even though Bitcoin is making the biggest noise
Bitcoin always make big noise in market because bitcoin is leader on market and have biggest daily volume. My favorite between that 2 coin is ethereum because the price is still cheap compare ethereum peak price and have potential to reach $1200 again
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pretty cheap when I got it a few weeks ago and I sold it currently profitable for me, I also see ethereum also has a lucrative market for me
Ethereum peak price is around $1200 and right now ethereum price around $500. I think, if market recover again, ethereum price could reach highest price again. Its good coin because this platform used by many platform
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Long term this year, I think Ethereum would hit $2000, I just can't say when. The recent dip in price of Ethereum is because of the new proposal that was proposed that caused one of the team member to resign, when the air is clear about this then we can expect the price to pick up also.
Ethereum will recover again and reaching highest price before maybe end of this years. Not only ethereum affected by negative news recently but all crypto, hopely thats over and positive news come to cryptomarket
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I knew about crypto at the end of 2017, after a short time increase and make people crazy to invest, everything is down now. I'm not a trader, i'm just a holder, but i'm still afraid of the sign of market recently. Will everything be changed in next year? or several years later? Can i still invest in crypto?
I am believe that cryptomarket still have large room to grow. Many expert said crypto market cap could jump to trillion dollars and its give opportunity for altcoin and bitcoin to rise their price. I think its good time to investing money on crypto because right now many altcoin price lower than before
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Nordik country always make step ahead compare other country to make their people more prosperous. If cash eliminated from payment, people wealth more safe and its much more safe to store our money on digital rather than paper money. Beside that, for government they can collect taxes more easily. But in third country, I am believe paper money still used because their peoples need adapting technolgy to move foward on digital
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Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
Yes if we are selling because panic we contributing on market drop. Its important to verifying negative news because many negative news around cryptomarket. Many whales just sit and waiting panic sell and they will buying at lower price. Long term is good choice because we can ignore any negative news and FUD on cryptomarket
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Strategic person is one of intelligence in the world. Smart person is not all strategic. Both are required to have in one person to face the life full of challenges with strategic and being smart. Smart can apply in unnecessary things while strategic can apply in unnecessary also to make things necessary.
Indeed. Being strategic requiring plan to achieve our goal and strategic always aware on any possibility. But become strategic and smart is powerfull power if we want to achieve our goal more faster and more sustainable
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Better investment is long term investment. Many people store their bitcoin on bitcoin wallet rather than on exchange wallet because its much more safe saving on our wallet because many exchanger get hacked and stole crypto on exchanger
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Better carefull with our private key and keep that safe. Beside that, always aware link sent on our email or suspicious link on website because that can stole our crytpo on our wallet.
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If I my target achieved in cryptocurrency market, I will reinvest my profits on other portfolio like stock or obligation. Beside that portfolio, buying property and buying commodities. But investing on crypto still be first priority because cryptomarket still have chance to grow more than now
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Bitcoin price still unstable because many government still not regulate on cryptomarket transaction. Stability on bitcoin price important because if bitcoin price to low, many miner will collapse but if bitcoin price become expensive, bitcoin transaction fee become more expensive than banks offer.
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Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
I am believe thats already happened in advance country. With advance internet infrastructure, government can implemented digital currency. Twitter CEO recently said that bitcoin can be single currency on digital world. If internet connection around the world getting better than now, I am believe that prediction become happen
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Hi today market goes green as you can see in 1 houre perfomance everything changed is it the comeback or just a pump ? what you think about it what is going on ? I am believe that happened in market right now is because market start to recovery. With many news about financial institution start investing their funds, many investor coming on market and thats make market more confident
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i like it a lot because this crypto i change how to make study hard.. like when im schooling before, and now same crypto before you move forward in all coin make sure study first. in crypto i make profitable income he even not much. also all ico token its like a lot also they also make your profit if you joined thier project.
Crypto give us chance to make extra money and thats why many peoples like doing bussiness in crypto world. If we have skill on technical, we can make trade with altcoin pairs and if we dont have that skill, we can invest for long term. Beside that, if we want to be early adopter, we can investing our money by joining ICOs.
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No, bitcoin is decentralized system, even government cannot kill bitcoin. No one can control bitcoin. Even if government have regulations about bitcoin, it will not kill bitcoin.
What government can do is only make trade regulation on bitcoin transaction but government or central bank can not control it because bitcoin transaction data spread around the world and in many computer
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