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brendasmith982
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June 12, 2015, 01:05:07 PM |
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Lol. Bitcoin price will never be stable |
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tyz
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June 12, 2015, 01:35:57 PM |
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This is the nature of a free tradeable good what Bitcoin is. Bitcoin and stability should never be used in the same sentence. Every time we think BTC is stabilizing, it proves us wrong again and again.
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RealBitcoin
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June 13, 2015, 06:29:46 AM |
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Bitcoin price can only be described as wildly volatile. Actually in my experience all cryptos pretty much are volatile. The reason is that there is an awful lot of speculation and short term trading in the market. This isn't exactly a bad thing as bots and traders provide liquidity. It is bad however when they cause wild swings in price. Bitcoins need to be stable in price before they are wildly adopted as a currency. until then they are just another investment like gold or bonds.
They arent volatile anymore, atleast bitcoin's volatility has ceased. It is stabilizing now, so in some way the OP is correct. The weekly volatility is hovering around 3-4% which is great (in crypto world) compared to the 20-30% that way 1 year ago. So if anyone baby cries over volatility, then open your eyes and look again, it is getting stable, without a central bank  |
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edric
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June 13, 2015, 08:41:32 AM |
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Can someone actually predict the bitcoin prices? Is there anyway to do that? Please let me know. At least there should be a system to know what are the factors that causes the bitcoin prices go up and down.
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Amph
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June 13, 2015, 10:37:29 AM |
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Can someone actually predict the bitcoin prices? Is there anyway to do that? Please let me know. At least there should be a system to know what are the factors that causes the bitcoin prices go up and down.
there is something like this http://www.btcpredictions.com/, but we all know that true prediction, in the sense that you always hit the right prediction you do, does not exist |
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bumm
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June 13, 2015, 01:50:39 PM |
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the price of bitcoin isnt stable now. it is moderately changing nowadays. you should make better focus on your price stability .  the price is stable i think as there are no big drops, bouncing 220-240 is really normal i think You are considering short span of time. If you consider last 6-7 months then avg. price fall has been over 30% which is not good. I think what we need is a little tweak/change to somehow take the prices up. Though, on the other hand, as much as the prices goes lower, more people will get into Bitcoins. |
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Xialla
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/dev/null
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June 13, 2015, 02:35:32 PM |
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Lol. Bitcoin price will never be stable
lol, educate yourself before posting bullshit like this one..please. |
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ranochigo
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June 13, 2015, 02:46:36 PM |
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Can someone actually predict the bitcoin prices? Is there anyway to do that? Please let me know. At least there should be a system to know what are the factors that causes the bitcoin prices go up and down.
You can roughly predict the prices to a certain accuracy, around 10-40% accurate. Honestly, a lot of factors can affect it. Huge security issues, shut down or hacking of large exchange or just a huge whale pulling the price down. No one can ever predict the price accurately, it is relatively volatile. |
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dollarneed
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June 15, 2015, 12:00:42 AM |
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i think bitcoin is fluctuate even each hour so bitcoin price is not stable,but we can said that price bitcoin stable on a range (i.e $220-@238) cmiiw
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RealBitcoin
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June 15, 2015, 06:33:11 AM |
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Atleast the daily volatility is decreasing. Maybe the OP has a bad way of expressing himself but he is actually right.
Unless some major news come, the price will stabilize around 210€ soon.
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CryptoTrout
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June 15, 2015, 07:22:27 AM |
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yea this low volatility is getting kind of boring. we need more leverage
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JarvisTechnology
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June 15, 2015, 09:31:21 AM |
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Bitcoin price can only be described as wildly volatile. Actually in my experience all cryptos pretty much are volatile. The reason is that there is an awful lot of speculation and short term trading in the market. This isn't exactly a bad thing as bots and traders provide liquidity. It is bad however when they cause wild swings in price. Bitcoins need to be stable in price before they are wildly adopted as a currency. until then they are just another investment like gold or bonds.
Absolutely. It has to have that stability to let more people get into bitcoins. If it keeps falling down, as the current trend, then it will lose its attraction. If it remains consistent in its prices, then there should not be any problem for any government to accept it. |
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RealBitcoin
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June 15, 2015, 10:06:27 AM
Last edit: May 12, 2016, 07:03:31 AM by RealBitcoin |
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Absolutely. It has to have that stability to let more people get into bitcoins. If it keeps falling down, as the current trend, then it will lose its attraction.
Do this voluntary work and the price will never fall: https://bitcointalk.org/index.php?topic=1086761.0I already got the temporary solutions invented until more people start buying bitcoin |
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Anony
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Invest & Earn: https://cloudthink.io
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June 15, 2015, 10:17:45 AM |
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Will the prices gets stable if we all started storing the bitcoins and doing lot less short-span tradings? Where will be the bitcoin economy after 2-3 years? The criterias has to be made understandable to general users.
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RealBitcoin
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June 15, 2015, 10:23:29 AM |
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Will the prices gets stable if we all started storing the bitcoins and doing lot less short-span tradings? Where will be the bitcoin economy after 2-3 years? The criterias has to be made understandable to general users.
Especially if the exchanges get hacked and lost 70.000 BTC overnight ,which the thief will turn back to fiat. That hurts the price, but not just that. Many people give donations to charities which also turn back the money into fiat, instead of that, if you want to pay for charity pay with fiat, but not with bitcoin |
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randy8777
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June 16, 2015, 04:17:55 AM |
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Will the prices gets stable if we all started storing the bitcoins and doing lot less short-span tradings? Where will be the bitcoin economy after 2-3 years? The criterias has to be made understandable to general users.
Especially if the exchanges get hacked and lost 70.000 BTC overnight ,which the thief will turn back to fiat. That hurts the price, but not just that. Many people give donations to charities which also turn back the money into fiat, instead of that, if you want to pay for charity pay with fiat, but not with bitcoin charities converting everything to fiat aren't any different than merchants doing the the same. beside that, the impact of charities converting everything into fiat is barely worth mentioning. charities have absolutely no impact on the price. merchants do. |
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Amph
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June 16, 2015, 06:15:11 AM
Last edit: June 16, 2015, 10:22:19 AM by Amph |
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Will the prices gets stable if we all started storing the bitcoins and doing lot less short-span tradings? Where will be the bitcoin economy after 2-3 years? The criterias has to be made understandable to general users.
Especially if the exchanges get hacked and lost 70.000 BTC overnight ,which the thief will turn back to fiat. That hurts the price, but not just that. Many people give donations to charities which also turn back the money into fiat, instead of that, if you want to pay for charity pay with fiat, but not with bitcoin charities converting everything to fiat aren't any different than merchants doing the the same. beside that, the impact of charities converting everything into fiat is barely worth mentioning. charities have absolutely no impact on the price. merchants do. merchants don't dump all at the same time, otherwise ould have been declined below 200 already, also if they dump it means that someone did buy their coins, also as the demand is there no matter who is dumping and how many coins they are dumping and they can't surely dump below current price, or they will lost value.. |
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RealBitcoin
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June 16, 2015, 09:36:07 AM |
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Will the prices gets stable if we all started storing the bitcoins and doing lot less short-span tradings? Where will be the bitcoin economy after 2-3 years? The criterias has to be made understandable to general users.
Especially if the exchanges get hacked and lost 70.000 BTC overnight ,which the thief will turn back to fiat. That hurts the price, but not just that. Many people give donations to charities which also turn back the money into fiat, instead of that, if you want to pay for charity pay with fiat, but not with bitcoin charities converting everything to fiat aren't any different than merchants doing the the same. beside that, the impact of charities converting everything into fiat is barely worth mentioning. charities have absolutely no impact on the price. merchants do. Yea but atleast merchants offer services and products in return. It makes a demand for bitcoin. And as the guy above this post mentioned, they dont dump at the same time, so temporarly it gives some upvalue. However charities are like black holes, any bitcoin you put in them are wasted forever. If you really want to give to charity, please use fiat or 2% of your taxes, but not Bitcoin, thanks!! |
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JarvisTechnology
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June 16, 2015, 11:46:11 AM |
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Will the prices gets stable if we all started storing the bitcoins and doing lot less short-span tradings? Where will be the bitcoin economy after 2-3 years? The criterias has to be made understandable to general users.
Especially if the exchanges get hacked and lost 70.000 BTC overnight ,which the thief will turn back to fiat. That hurts the price, but not just that. Many people give donations to charities which also turn back the money into fiat, instead of that, if you want to pay for charity pay with fiat, but not with bitcoin Valid point. And I suppose bitcoin's role in ecommerce should also become more prominent. There should be more platforms for exchanging products with bitcoins and not with fiat. That will bring in more acceptance. |
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Anony
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June 16, 2015, 01:46:02 PM |
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Will the prices gets stable if we all started storing the bitcoins and doing lot less short-span tradings? Where will be the bitcoin economy after 2-3 years? The criterias has to be made understandable to general users.
Especially if the exchanges get hacked and lost 70.000 BTC overnight ,which the thief will turn back to fiat. That hurts the price, but not just that. Many people give donations to charities which also turn back the money into fiat, instead of that, if you want to pay for charity pay with fiat, but not with bitcoin charities converting everything to fiat aren't any different than merchants doing the the same. beside that, the impact of charities converting everything into fiat is barely worth mentioning. charities have absolutely no impact on the price. merchants do. If someone is doing charity with bitcoins, then at this present time, that charity will have to be converted to fiat to make use of that charity. So I suppose in a way it is the part of the economy. |
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