Price stability

[dannickherpderp]

Eventually everyone who is interested in trading bitcoins will trade bitcoins and we will see a stabilization of price, with regular market fluctuations.  Anybody hazard a guess what sort of value that will be?  tens?  Hundreds?  Thousands?  BILLIONS?

[1714131591]

1714131591

[edric]

In the billions now and still not very stable.  Forex is a trillion dollar market and even that has been manipulated by traders.  I think wild swings will get less frequent as volume increases, but not disappear from the realm of possibility.

[hua_hui]

Eventually everyone who is interested in trading bitcoins will trade bitcoins and we will see a stabilization of price, with regular market fluctuations.  Anybody hazard a guess what sort of value that will be?  tens?  Hundreds?  Thousands?  BILLIONS?

More ppl are involving in bitcoin trading, which means bitcoin market has more liquidity, the price tends to be more stable, like forex market!

[edward222]

One thing is for sure,
as time goes by,
the price of bitcoin
will surely become high.

[lottery248]

i don't sure if the stability status for now is good.
because the bitcoin is still spreading on, without the help of newcomers, the high bitcoin price would be unstable, could be even down to zero.
what we need is to promote bitcoin to the place where needs economic freedom.

[randy8777]

In the billions now and still not very stable.  Forex is a trillion dollar market and even that has been manipulated by traders.  I think wild swings will get less frequent as volume increases, but not disappear from the realm of possibility.

current market cap of a few billion is nothing. even when the market cap increases to maybe 25 billion, that's still won't make bitcoin stable. money moves everything.

[Amph]

In the billions now and still not very stable.  Forex is a trillion dollar market and even that has been manipulated by traders.  I think wild swings will get less frequent as volume increases, but not disappear from the realm of possibility.

he was talking about the price of a single btc, probably...

OP the price will reach stability when:

1) the total amount of coin will be vastly divided between many people like 1B, this will ensure that no single guy will manipulate the market

2) the demand and the supply will remain equal, with a slightly inclination toward demand to favor a slow climbing , for the time being...

[lexuz]

In the billions now and still not very stable.  Forex is a trillion dollar market and even that has been manipulated by traders.  I think wild swings will get less frequent as volume increases, but not disappear from the realm of possibility.

he was talking about the price of a single btc, probably...

OP the price will reach stability when:

1) the total amount of coin will be vastly divided between many people like 1B, this will ensure that noe single ghuy will manipulate the market

2) the demand and the supply will remain equal, with a slightly inclination toward demand to favor a slow climbing , for the time being...

I'm not agree if no one can manipulate market why price pump fast and then dumb fast too. My opinion that's like manipulate

[H.W.Z]

I'm not agree if no one can manipulate market why price pump fast and then dumb fast too. My opinion that's like manipulate

When the coin' cap increases a lot and the large amount fo coins spread among the most ppl, until then ppl aren't easily manipulating the market, like the gold, dollare, euro etc. So the price will incline to be stable.

[Amph]

In the billions now and still not very stable.  Forex is a trillion dollar market and even that has been manipulated by traders.  I think wild swings will get less frequent as volume increases, but not disappear from the realm of possibility.

he was talking about the price of a single btc, probably...

OP the price will reach stability when:

1) the total amount of coin will be vastly divided between many people like 1B, this will ensure that noe single ghuy will manipulate the market

2) the demand and the supply will remain equal, with a slightly inclination toward demand to favor a slow climbing , for the time being...

I'm not agree if no one can manipulate market why price pump fast and then dumb fast too. My opinion that's like manipulate

if everyone were holding 1 btc and the price was around 100k per coin at least, how the hell a single guy can manipulate the market? even if we take bill gates he need an enormous amount, that will put him at risk of losing everything

[Slark]

If there is a way that bitcoin price can be manipulated, believe me, it will be no matter what. People want to earn money no matter what, they don't care about bitcoin stability for that sake.
For now we need a one big whale to shake the market and cause people to panic. In the future it could be harder to achieve, but if you think there won't be any crazy rich people interested in manipulation of btc, you are wrong.

[lemoncoolers]

If there is a way that bitcoin price can be manipulated, believe me, it will be no matter what. People want to earn money no matter what, they don't care about bitcoin stability for that sake.
For now we need a one big whale to shake the market and cause people to panic. In the future it could be harder to achieve, but if you think there won't be any crazy rich people interested in manipulation of btc, you are wrong.

Yes, most ppl come to bitcoin just for the profits, not caring about the technical things. But when bitcoin's infrastruction is gradually improving, until being mature. The bitcoin's supply and demand is equal. Bitcoin is recognized as global currency. Once ppl dump it, others will quickly buy it. So no one will be able to crash it.

[Coinshot]

Imho, bitcoin price will never be stabile on the level that major fiats are (and not even them are too stabile). But it will help if we reach a level where people
will stop having the "need" to dump their coins in order to pay for a service or purchase of some goods.

When this happens, it will probably make people want to use bitcoin as a store-of-value of sorts, which will then trigger much higher prices and larger marketcap,
which then ultimatively results in much lower oscillations upon large cashouts and price manipulation.

[BillyBobZorton]

Imho, bitcoin price will never be stabile on the level that major fiats are (and not even them are too stabile). But it will help if we reach a level where people
will stop having the "need" to dump their coins in order to pay for a service or purchase of some goods.

When this happens, it will probably make people want to use bitcoin as a store-of-value of sorts, which will then trigger much higher prices and larger marketcap,
which then ultimatively results in much lower oscillations upon large cashouts and price manipulation.

I also think it will never be stable. The stability of fiat currencies are achieved because of manipulation, it's an artificial one. With BTC you get what you see, which means to get real stability you need a bigger marketcap, and it will come. But the price will keep growing and growing for 100+ years as long as the supply isn't fully minted. If you look at the log graph you can see BTC is always growing, and what a coincidence, right when it started to go down on that graph, the price started recovering... it's just amazing.

[bill gator]

Bitcoin will not be stable for years and I think its a good thing.

[misterycoins]

Some people might argue however that price stability is a prerequisite for a flourishing economy. I'm not saying that I agree with that position, but it's something to consider.

[aakashsangwan]

Bitcoin will not be stable for years and I think its a good thing.

i also feel that Bitcoin can not become a stable currency.
It's value will always remain fluctuating.

[faridkifly]

One thing is for sure,
as time goes by,
the price of bitcoin
will surely become high.

i hope so
but the reality is the rate is going up and down ;(

[qiwoman2]

It can never be stable because it is decentralised so there is no single or government entity that can intervene and no central bank if price is in freefall or it is going up too fast. It is the wild west of where currency is concerned and with whales manipulating the price in a free market environment it can go anywhere at any time. We would need a lot of smaller long term holders to keep the price stability and that could take a few years if not decades.

[Amph]

Bitcoin will not be stable for years and I think its a good thing.

i also feel that Bitcoin can not become a stable currency.
It's value will always remain fluctuating.

it does not matter if its value will always fluctuate, because with better adoption that fluctuation will be always and always more tiny, that's the whole point of going mainstream

small spread are accepted even in fiat, so why no with bitcoin?