Bitcoin will be stable in 2020

[vlamer]

Really Bitcoin market will stabilize in 2020 ?
Is it because the reward is only 6.25 BTC/block?

[1Referee]

Bitcoin price will never be stable unless we get Wall Street level investors into the Bitcoin market with their billions $$$. Currently a whale with a few million $ worth of BTC can manipulate a certain exchange massively. But then again, these high level investors will never ever use the current exchanges to trade on. Current exchanges are amateurish and can't handle the millions/billions from these traders. They need a professional platform where they can trade without issues.

[mtnsaa]

It can also become the first currency to conquer space if we are throwing predictions left and right. Price volatility is not the only barrier for adoption. Bitcoin has to solve its user friendliness if that's a word or concept. Unless people to adopt it massively in the next years I don't think it can't survive.

[CoinCidental]

It can also become the first currency to conquer space if we are throwing predictions left and right. Price volatility is not the only barrier for adoption. Bitcoin has to solve its user friendliness if that's a word or concept. Unless people to adopt it massively in the next years I don't think it can't survive.

I think you're wrong...
I think with the ever dwindling supply even at current adoption rates the price will flourish....
Dark markets, Gambling and porn alone are worth billions never mind all the legit uses....
The legit users (of they are to adopt it) would send it way past the moon, maybe even past the Mars....

[vlamer]

Bitcoin price will never be stable unless we get Wall Street level investors into the Bitcoin market with their billions $$$. Currently a whale with a few million $ worth of BTC can manipulate a certain exchange massively. But then again, these high level investors will never ever use the current exchanges to trade on. Current exchanges are amateurish and can't handle the millions/billions from these traders. They need a professional platform where they can trade without issues.

why BTC is not the value of the gold ,if bankers get gold on the value of BTC , we do not need to experience severe fluctuations ?
I suppose it could be run in a gain regulation ?

[NorrisK]

Depends on your definition of stable.. Price will probably keep increasing slowly over time.

If stability means a predictable and minimal increase or decrease, then it will probably happen.

If you mean no fluctuations, that will never happen.

[BlackPanda]

it can not be ascertained at this time. You know how much bitcoin used in this world? the greater the bitcoin use the more stable the price of bitcoin.

[n2004al]

Really Bitcoin market will stabilize in 2020 ?
Is it because the reward is only 6.25 BTC/block?

This post seems like you have read something and cannot believe that. If so can you share the source. Reading within can be more easy for everyone to discuss. It is hard to ask to your question doing reasoning without source. It is more easy to tell. If I would tell and not reasoning can tell that no, there is not that year. The year in which the bitcoin market will be stabilized might be 2012. Or 200008. Then is discovered the argument of your question. Always in the form of question. According to this argument the market of bitcoin will be stabilized when the block will be 6.25. So 6.25 is a magic number. Will be able, since the first moment in which will be connected with bitcoin, to stabilize its market. I don't agree. I think that the magic number is another. It is 6.25:2. Who have right?

[richardsNY]

Low block rewards have absolutely no impact on the price at that time. Bitcoin needs to have a much higher market cap and less big holders. Coin must be spread among thousands of people. It's better to see 1000 people with 1 BTC each, than 1 person with 1000 BTC. That's when we can see a more stable Bitcoin price. It will take more than 10 years to come even close to that.

[maokoto]

Stability is more likely to come when supply/demand is about the same, or the difference in % is not great. A lot of trading volume does not equal stability (there might be lots of people buying, or lots of people selling and price moving without being stalble)

[vlamer]

I mean , there is no intention that does not fluctuate , but not easily fall only to traders as the price of $ .
I calculated , per day in 2020 Bitcoin supply only about 38 BTC,diff may be higher,not easy to sell a lot of BTC.
although dump and pump happens it does not affect much?

[uki]

It can also become the first currency to conquer space if we are throwing predictions left and right. Price volatility is not the only barrier for adoption. Bitcoin has to solve its user friendliness if that's a word or concept. Unless people to adopt it massively in the next years I don't think it can't survive.

I second your opinion. There are yet a lot of problems that Bitcoin has to solve to become adopted on the mass scale. Seeing how this is progressing, we may as well don't see Bitcoin in 2020, as a more likely option rather than Bitcoin price becoming stable. Bitcoin price won't become stable until it is dominated by the speculators that are interested in quick profit. And that is unfortunately how the things are at the moment.

[MaritiJames3]

Bitcoin needs to be stable way earlier.

If we go in another spiral of 1 year where the price is not stable, most investor will keep ignoring it..forever.

[jjacob]

Really Bitcoin market will stabilize in 2020 ?
Is it because the reward is only 6.25 BTC/block?

It depends on what the price is.
If the market capitalization shoots up (to possibly a trillion $) and the holding of bitcoins is widely spread, then bitcoin may be stable.

[Karpeles]

There is no stable market in the world.

Even the stock exchanges and forex markets are shaking. If they shake, then there is no reason to believe that the crypto markets will be stable

[DomesticTrader]

There is no stable market in the world.

Even the stock exchanges and forex markets are shaking. If they shake, then there is no reason to believe that the crypto markets will be stable

Bitcoin is way to volatile. There is balance and natural growth with ALL major assets.
Your comment therefore makes no sense.

[Amph]

nah, the whole mining pressure is not so high as many thing, miners are not dumping 100% of their coin, i can argue that they ar enot dumping even 50%

because they do not need to since they ar emaking much more than what they are consuming, and to cover their expenditures, they need a fraction of their profit

so the halving di per se will not make much of a difference, but the hype yes, that is another thing, i'm waiting 2030 to see bitcoin stable, as satoshi said, big volume or no volume, 2030 is the final date for the final outcome

[7788bitcoin]

Year 2020 used to be very far in the future.... but it is only 4 years from now. I think bitcoin will continue to evolve and far from "stable".

[1Referee]

Bitcoin price will never be stable unless we get Wall Street level investors into the Bitcoin market with their billions $$$. Currently a whale with a few million $ worth of BTC can manipulate a certain exchange massively. But then again, these high level investors will never ever use the current exchanges to trade on. Current exchanges are amateurish and can't handle the millions/billions from these traders. They need a professional platform where they can trade without issues.

why BTC is not the value of the gold ,if bankers get gold on the value of BTC , we do not need to experience severe fluctuations ?
I suppose it could be run in a gain regulation ?

Gold is widely supported around the world. Bitcoin at this point is only being supported by a very small group of people. Imagine what potential growth Bitcoin can go through if the adoption doubles from current point. It takes time, eventually when there is enough demand the market cap will grow significantly.

[socks435]

i think it will not gonna stable in 2020 because is just like other currency.  did you see usd or other fiat the price exchange is not stable.
so for me it will not stable in this far future..