Bit_Happy (OP)
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October 03, 2015, 07:05:06 PM |
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Many people claim "high volatility" makes Bitcoin difficult for businesses to use, hard to hold, etc. Is low volatility becoming a threat to Bitcoin? Why? Dull-markets with little chance to trade, low volume, less media coverage, fewer new users: Are we in danger of slowly being bored to death?
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neurotypical
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October 03, 2015, 07:32:58 PM |
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Many people claim "high volatility" makes Bitcoin difficult for businesses to use, hard to hold, etc. Is low volatility becoming a threat to Bitcoin? Why? Dull-markets with little chance to trade, low volume, less media coverage, fewer new users: Are we in danger of slowly being bored to death?
I don't think this will become a serious threat. The most interesting stuff is being played right now, this translates into a stable price because all the moves are being made under the blanket. Whales are buying slowly to not destabilize the market (which wouldn't be beneficial). The 2015-2016 era is the era of stacking up while the software gets better and the infrastructure around it gets built. After 2016 I think we will see some serious shit.
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dothebeats
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October 03, 2015, 07:41:44 PM |
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Merchants would probably consider taking up bitcoin payments as they see that it has decreased volatility and can now be used on their businesses. I don't think that it will be a major problem for bitcoin, but rather a start of what's coming. Maybe some people are "bored to death" because of the loss of the roller coaster rides, but all in all and in actuality, that's a good sign.
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randy8777
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October 03, 2015, 11:01:40 PM |
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we've had enough volatility already. exchanges getting hacked, stolen coins getting dumped, etc. the market isn't moving anymore with bad or good news. i think at some point the volatility will vanish and we'll see the price go up or down only a few bucks per month.
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Bit_Happy (OP)
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October 04, 2015, 12:48:18 AM |
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Many people are ready for the next Bitcoin party to finally start, but the best moments can take a really long time to develop. Agreed, that there are some 'seriously' good signs.
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talks_cheep
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October 04, 2015, 02:00:00 AM |
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What seriously good signs are you talking about? Please let us in on the secret.
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gentlemand
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October 04, 2015, 03:14:32 AM |
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Low volatility is welcome when it has triumphed. Right now it's a long way from that and stagnation isn't the healthiest of signs.
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jubalix
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October 04, 2015, 03:51:54 AM |
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low volatility is good as it demonstrates BTC can be as stable as any other currency/commodity whatever.
If fact the BTC has be stable than many currencies over the last few months
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Amph
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October 04, 2015, 07:29:10 AM |
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low volatility does not mean stagnation, it can mean gradual increase, which everyone is hoping for
therefore you can have both, adoption + stability, it's up to the manipulators
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CoinBateman
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October 04, 2015, 07:39:00 AM |
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Volatility will return, but when everybody doesn't care about Bitcoin anymore.
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@CoinBateman | Killer Crypto Instinct
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azguard
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October 05, 2015, 06:24:46 AM |
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... bored to death? no this is only "Calm Before the Storm" and storm is comming
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Holliday
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October 05, 2015, 06:30:45 AM |
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Yes, both low volatility and high volatility will simultaneously end Bitcoin.
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If you aren't the sole controller of your private keys, you don't have any bitcoins.
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randy8777
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October 05, 2015, 08:11:25 AM |
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Yes, both low volatility and high volatility will simultaneously end Bitcoin.
you are just trolling. at least give us an explanation of why you think the volatility will end bitcoin. volatility is a great thing for us as traders.
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Sturgeon
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ドラゴンスピ
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October 05, 2015, 08:12:32 AM |
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Volatility will return, but when everybody doesn't care about Bitcoin anymore.
so volatility will return after bitcoin death ?
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"The economy depends about as much on economists as the weather does on weather forecasters" Jean-Paul Kauffmann "The risk / reward ratio is nuts. Playing with altcoins is like picking up pennies on the highway" BlindMayorBitcorn
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LMGTFY
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October 05, 2015, 09:04:14 AM |
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Yes, both low volatility and high volatility will simultaneously end Bitcoin.
you are just trolling. at least give us an explanation of why you think the volatility will end bitcoin. volatility is a great thing for us as traders. Trolling? I think the clue was in two mutually exclusive things happening simultaneously. More importantly, with markets for BTC derivatives developing and maturing, low volatility can now be traded as well. I've done better trading low volatility than trying to trade high volatility. I believe low volatility is beneficial to all of our community - not just traders like us, but non-traders using BTC as well. What drew me to Bitcoin initially was a then-recent experience of receiving a salary in one country, in one currency, while paying a mortgage in another country, in another currency. That's more comfortable when volatility is low, and I imagine businesses selling products for BTC would feel much the same.
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LFC_Bitcoin
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October 05, 2015, 09:06:35 AM |
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Dull markets are a chance to accumulate coins safely. I don't think low volatility is a threat to bitcoin, it may even make people feel brave enough to invest for the first time.
Now is a good time to invest with the halving set to take place next summer.
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kwukduck
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October 05, 2015, 10:31:07 AM |
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It's not becoming.. it already has been do a while. If you hadn't noticed. Every new crash happens harder and with less volume. My prediction is that by the end of the year people dumping 100-200btc can cause panic and a crash.
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14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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LMGTFY
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October 05, 2015, 10:48:18 AM |
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High volatility would make traders happy, but merchants won't be happy But, low volatility would make merchants happy, but traders won't be happy
It means high & low volatility could be a threat to bitcoin, but low volatility is the best option since many people (expect traders) would be happy because they can use bitcoin without worry about bitcoin's volatility
I'm getting used to seeing statements like "High volatility would make traders happy / low volatility ... traders won't be happy", but it's surprising when the people making such statements are advertising a derivatives exchange in their signature. There are plenty of commodities with volatility lower than BTC, yet traders still manage to trade successfully. Low volatility is not something traders should fear (or, to be fair, expect to last forever), particularly now that there is a developing market for BTC derivatives (Gemini, Quedex are imminent, and there's at least one other already trading that I probably don't need to mention!)
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pitham1
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October 05, 2015, 04:07:12 PM |
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Low volatility ensures that people who enter Bitcoin now don't do so with a "get rich quick" attitude. This would be more sustainable in the long run.
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Biodom
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October 05, 2015, 04:27:17 PM |
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While we are talking about volatility, Gemini is up for invitations at least. Trading starts Thursday, but what is the point, really? Unless they have free or almost free trades, I can get bitcoin on Coinbase, which would, hopefully, lower their higher trade costs.
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