Stable Bitcoin Price

[MataKhobRazi]

What should be the market cap of bitcoin in your opinion if we want the bitcoin price to be relatively stable and saved from manipulation ?

[BitAurum]

The market cap should be at least $50,000,000,000 for us to have a bitcoin price that is relatively stable and saved from manipulation.

[Patatas]

This is never happening.How will the market work if the prices don't flacuate ?There will always be demand for goods which will rise the prices in turn .One has to have a market which has an economy of what 10000 million to achieve a stable rate ?

[1Referee]

Never. As long as we have the current shitty exchanges, we won't see the manipulation rates even drop 1%. In order to achieve a more stable price, we need to have one global orderbook just like for example the Nasdaq. That's when we will start to see the difference. If nothing happens and we keep the current exchanges, absolutely nothing will change.

[Amph]

probably very high in the range of trillion(1T at least), you see gold has 6T and still some volatility, but it's rare and certainly does not happen on a daily basis

[Jitmad]

When the market cap is so high that no single entity can move the price easily. The market cap can be similar to US debt or $19 trillion.

[Wilhelm]

If you view bitcoin relatively to another coin like the US dollar you should ask yourself what is stable.

[gentlemand]

Never. Gold can't pull it off and that's only a few thousand years old and is worth trillions. I don't see how BTC could pull it off as there'll always be national currencies to measure it against.

[randy8777]

it's very unlikely that a higher market cap will fully stabilize the bitcoin price. a higher market cap can make the price more stable, but that's all that's possible. there will always be large players that will and can manipulate bitcoin no matter how big the market cap is.

[Denker]

What should be the market cap of bitcoin in your opinion if we want the bitcoin price to be relatively stable and saved from manipulation ?

Much higher as it is now!
But you will never be safe or protected by manipulation.
I mean look how big the traditional markets are and they are all rigged in a way.
But to get rid off of the actual crazy volatility we will need a market cap of several hundreds of billions!
But please keep in mind that there will always be volatility, it just won't that super roller coaster crazy anymore.

[Newcoins2020]

I think it should be way higher than it is right now, but it's unlikely this will happen

That's just not the way the bitcoin market works. It goes up and goes back down.

[richardsNY]

I think it should be way higher than it is right now, but it's unlikely this will happen

That's just not the way the bitcoin market works. It goes up and goes back down.

Bitcoin is a free market. It's worth what we are willing to pay for it. I know right now the whole market is being controlled by large whales, so we are basically buying at whatever price they want. If they feel they should pump it to $500, then people will buy that. If they see people aren't buying because they pumped the price too high, then the price simply falls back. There is no such thing as stability as long as wealthy traders have the majority of funds and coins.

[n2004al]

What should be the market cap of bitcoin in your opinion if we want the bitcoin price to be relatively stable and saved from manipulation ?

Normally the stability of a currency mainly come from the monetary policies created, followed and managed by the owners of it. Which are the States of all the world. They  delegate such power to one monetary Authority which normally is called Central Bank (but not always so; in USA for example is called Federal Reserve). The lasts take care and manage only the national currency. All their work and the structure they have is build to serve this aim. Normally, theoretically, the amount of money in circulation in a given moment must be equals with the overall value of all the good produced and in market and part of those in production in that given moment plus an amount which allow a desired amount of inflation of that currency (all this is very simplified).

Bitcoin have nothing similar. It is a pure product of market which move and play according to the rules and the "caprices" of the free market. Have no owners which can take care of it, have no goods which can justify its existence on the market. Have one particularity which make it very strong. Its flow in the market is constant. So in this case we have an overturned situation compared to the above explained. In the above the money must "follow" the value of goods in the market while in the case of bitcoin is the flow of the amount of bitcoin in the market (which is fixed) which must be followed by everything. This flow, being fixed, is the initial point of everything has to do with bitcoin. With this situation is hard to tell that bitcoin can follow the normal rules followed by the normal currencies in use and issued by the Central Banks.

So no one can know when or if someday bitcoin will have a stable price or less volatile possible. Can be guessed that this may happen with its maximal spread and the possible increase of price. But are only guesses. I, for example, personally believe that bitcoin will have one day a very high price and will be an almost stable currency when it will be in these levels. This is one my hope and maybe conviction given from the facts that it is the first materialized product of a disruptive technology (peer to peer), and above all, because it is in limited number. But i am sure that this cannot be verified if bitcoin will be not regulated by most or majority of the countries. The non legalization will transmute it in a marginal currency mainly used for illegal stuffs and only from people devoted to it. That's all I can tell about your question.

[Altynbekova]

If one day that bitcoin will be stable, I want that bitcoin will be 100.000 dollars.
That would be a nice stable money for bitcoin.

[Supercrypt]

With my little knowledge, until all the bitcoin get mined out, we cannot expect a stable price in bitcoin ecosystem.
Bitcoin prices are keep on driving high to attract many people into bitcoin adoption.
Maybe after all the bitcoin will be mined out and bitcoin goes into mainstream we can see a stable bitcoin prices.

[podyx]

I think bitcoin has a shot of maintaining a high sustainability of stability because of it's deflationary nature.

Yes it's true that gold is deflationary aswell but I believe that gold is a huge speculative bubble.

Also the dollar can fluctuate about 40% yearly with a steady inflation of 3-5% so it's no different.

[Newcoins2020]

I think it should be way higher than it is right now, but it's unlikely this will happen

That's just not the way the bitcoin market works. It goes up and goes back down.

Bitcoin is a free market. It's worth what we are willing to pay for it. I know right now the whole market is being controlled by large whales, so we are basically buying at whatever price they want. If they feel they should pump it to $500, then people will buy that. If they see people aren't buying because they pumped the price too high, then the price simply falls back. There is no such thing as stability as long as wealthy traders have the majority of funds and coins.

What you are saying is true. The market will always move around, low and high and bouncing up and down.
That's how the bitcoin market works. Like I said.

[tn211]

I think it should be way higher than it is right now, but it's unlikely this will happen

That's just not the way the bitcoin market works. It goes up and goes back down.

Bitcoin is a free market. It's worth what we are willing to pay for it. I know right now the whole market is being controlled by large whales, so we are basically buying at whatever price they want. If they feel they should pump it to $500, then people will buy that. If they see people aren't buying because they pumped the price too high, then the price simply falls back. There is no such thing as stability as long as wealthy traders have the majority of funds and coins.

What you are saying is true. The market will always move around, low and high and bouncing up and down.
That's how the bitcoin market works. Like I said.

Yeah for now bitcoin is going up and down, but I am sure that one day will just stop stable around 500K or some like that.
Maybe less than 500K.

[Dux2K]

I dont think that we have stable price for that we have to maintain it for a whilw and price is jumping 24/7

[~Bitcoin~]

Never. Gold can't pull it off and that's only a few thousand years old and is worth trillions. I don't see how BTC could pull it off as there'll always be national currencies to measure it against.

Gold and silver market are also getting manipulated till now so with only few million dollar market cap couldn't Stabilize the price. It will remain like this until bitcoin achieve global adoption.