Harlot
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July 06, 2017, 04:32:59 PM |
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Technically yes as we are the ones (especially the big players) who control and determine the price of Bitcoin. As of right now we are still not recovering from the big sell off that happened around 2990$+ level in which right now people are still selling their position early as they are scared of losing money in terms of value. Now I don't think that volatility is the main concern for its worldwide acceptance but the demand itself of consumers asking Bitcoin to be a payment method is basically non-existent as of the moment. What I see right now is that we have an adequate amount of payment options available for us that is why Bitcoin is not yet being added in a greater scale.
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BitcoinGirl.Club
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July 06, 2017, 04:53:26 PM |
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I do not think volatility can be controlled when you have people constantly using it. I see volatility to be a sign of confidence in the money market and how demand is affecting bitcoin in real time and the word "Control" does not relate well with our cryptocurrency. let us face it all hodlers want volatility soaring for them to get rich fast.
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deisik
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July 06, 2017, 04:56:57 PM |
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I have read some posts and some concerns that it is the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin. This can be the main factor why big online shopping stores are not yet adding Bitcoin into their payment facilities (though there is now a circulated petition for this but I doubt if it can make a dent).
Some are really saying that if volatility can be managed then we can see Bitcoin going mainstream. I am wondering then: Is volatility something that we should find a way to control and how do you think it can be done?
There is no way to "control" it It can be brought down via genuine adoption by merchants and service providers but we are very, very from that (and may in fact never get there). To make things clear, by genuine adoption I mean a closed loop Bitcoin economy when merchants don't get rid of their bitcoins as soon as they receive them but pay with these bitcoins the wages of their employees. Unless and until they do that en masse, they cannot contribute to lesser Bitcoin volatility in any meaningful way. But this is the only long-term solution (if we don't mean Bitcoin price freezing at 0, of course)
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South Park
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July 06, 2017, 09:24:41 PM |
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When you say "Controlle" , i only think in the centralization of the bitcoin :p But iwhen we talk about the volatility of the bitcoin (or any other cryptcocurrency) we need to remember that the price of the bitcoin moves ike any another commodity, whith time and tge growth of the maket cap, the price will estabilize.
Correct any attempt to try to control bitcoin volatility will only be possible by changing the nature of bitcoin in itself at that point our worry will not be volatility, it will be whether or not bitcoin is still a project that we can support or do we need to leave the project, between those two alternatives I will take the volatility any day of the week.
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EdenHazard
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July 09, 2017, 09:24:41 PM |
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I do not think volatility can be controlled when you have people constantly using it. I see volatility to be a sign of confidence in the money market and how demand is affecting bitcoin in real time and the word "Control" does not relate well with our cryptocurrency. let us face it all hodlers want volatility soaring for them to get rich fast.
the actual problem aren't on how a lot of people constantly using bitcoin. but when the bitcoin usage itself are unable to regulated by a single person/organization , but by each person of us , then if you want to control over bitcoin volatility you have to know and control each person who involve in bitcoin which it is impossible.
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syaripudin
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July 21, 2017, 05:36:29 AM |
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Bitcoin volatility can be controlled. If there are many people who transact with bitcoin. And it can be done but through a very long process. Need technical and realization to everyone. Especially to investors. Because if the investors have a lot of glance at bitcoin to invest I think its volality will be able to walk. We just wait later as time goes by. For now I do not think so. Because it needs recognition process. Cooperation of all related installations. I hope it will be realized. Because there are so many advantages gained by using bitcoin
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deisik
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July 21, 2017, 08:56:57 AM |
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Bitcoin volatility can be controlled. If there are many people who transact with bitcoin. And it can be done but through a very long process. Need technical and realization to everyone. Especially to investors. Because if the investors have a lot of glance at bitcoin to invest I think its volality will be able to walk. We just wait later as time goes by. For now I do not think so. Because it needs recognition process. Cooperation of all related installations. I hope it will be realized. Because there are so many advantages gained by using bitcoin
Could you expand more on this? I don't know about others, but I couldn't get a slightest clue how you are going to control Bitcoin volatility. Which long process you refer to specifically? What you just posted looks more like gibberish, basically just a bunch of words and random phrases only superficially coherent. You may want to explain your thought or idea (provided there is any). Otherwise, it kinda looks like a typical spam post where only the first sentence makes some sense, a task for mods I guess (I don't mind if my post gets deleted together with this one)
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Granxis
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July 24, 2017, 04:03:18 PM |
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It is better not to check because then the stock market will suffer, but those who sell products over the price of bitcoin will be very happy. The biggest difficulty in selling products is the high volatility.
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Bagaji
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July 24, 2017, 07:12:31 PM |
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I don't think volatility of Bitcoin price or crypto currency in general can be control because in my own view it is the forces of demand and supply that determines the market value of Bitcoin, Although I stand to be corrected. Even news and events as we have already seeing in few days back about 1st August meeting news all over which made so many people sold their bitcoin as a result of panic at a lost.
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joebrook
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July 24, 2017, 07:45:34 PM |
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I have read some posts and some concerns that it is the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin. This can be the main factor why big online shopping stores are not yet adding Bitcoin into their payment facilities (though there is now a circulated petition for this but I doubt if it can make a dent).
Some are really saying that if volatility can be managed then we can see Bitcoin going mainstream. I am wondering then: Is volatility something that we should find a way to control and how do you think it can be done?
The volatility cant be really controlled, and its mainly caused by investors fright, one time they hear good news concerning the market which drives up the value another time issues like the incoming fork may drive investors to cash out thus driving down the value. To be fully adopted by coporations they will need to always change the prices of their products and immediately cash out after a purchase for fears that the market may tumble.
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CryptoGeneral
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July 24, 2017, 08:00:30 PM |
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Volatility is what makes Bitcoin so interesting. It shouldn't be controlled. There are enough payment providers that allow you to accept Bitcoin without taking the risk of volatility.
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aardvark15
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July 25, 2017, 12:37:49 AM |
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Volatility is what makes Bitcoin so interesting. It shouldn't be controlled. There are enough payment providers that allow you to accept Bitcoin without taking the risk of volatility.
Bitcoin is still a new technology that is not fully understood by the general public. It is just starting to be used as an investment for some people. It is still relatively hard to acquire and there aren't many exchanges where you can trade it. Because of these reasons, Bitcoin will be volatile for a while. It will probably be more stable after an ETF is approved so that it can be part of stock trader's portfolios.
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DuaLipa
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July 25, 2017, 01:09:46 AM |
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I have read some posts and some concerns that it is the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin. This can be the main factor why big online shopping stores are not yet adding Bitcoin into their payment facilities (though there is now a circulated petition for this but I doubt if it can make a dent).
Some are really saying that if volatility can be managed then we can see Bitcoin going mainstream. I am wondering then: Is volatility something that we should find a way to control and how do you think it can be done?
The volatility cant be really controlled, and its mainly caused by investors fright, one time they hear good news concerning the market which drives up the value another time issues like the incoming fork may drive investors to cash out thus driving down the value. To be fully adopted by coporations they will need to always change the prices of their products and immediately cash out after a purchase for fears that the market may tumble. The volatility can't be controlled but it can be much lower. I don't remember where, yet I've read a study showin bitcoin's volatility will decline sharply for the next years. This would be good for bitcoin user merchants.
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kuryadi
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July 25, 2017, 01:24:51 AM |
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I think the bitcoin's bitality is difficult to control. It's because supply and demand of bitcoin are different, which causes rise and fall of bitcoin prices. That's why online stores do not accept bitcoin as a means of payment .. they are afraid of bitcoin votality that often changes. It may be that the store can benefit. And may also incur losses. It's uncertain.
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Hydrogen
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July 25, 2017, 02:51:25 AM |
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Ending the hard fork debate would contribute heavily towards reducing volatility. A high proportion of price shifts and volatility are correlated with hard fork announcements. Other common themes affecting volatility are announcements regarding countries legalizing/banning crypto, SEC announcements involving crypto ETF's, announcements relating to seizing of crypto without checks & balances such as senate bill 1241, national debt and associated fiat volatility et al.
As with stocks & investments news events are the biggest contributor to volatility.
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megynacuna
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July 25, 2017, 03:59:21 AM |
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I think the bitcoin's bitality is difficult to control. It's because supply and demand of bitcoin are different, which causes rise and fall of bitcoin prices. That's why online stores do not accept bitcoin as a means of payment .. they are afraid of bitcoin votality that often changes. It may be that the store can benefit. And may also incur losses. It's uncertain.
It can definitely not be controlled by an individual but maybe a group of whales or big time holders of Bitcoin who can either regulate demand or supply by their actions of withdrawing or buying.
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farhaan
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July 25, 2017, 04:02:45 AM |
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I have read some posts and some concerns that it is the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin. This can be the main factor why big online shopping stores are not yet adding Bitcoin into their payment facilities (though there is now a circulated petition for this but I doubt if it can make a dent).
Some are really saying that if volatility can be managed then we can see Bitcoin going mainstream. I am wondering then: Is volatility something that we should find a way to control and how do you think it can be done?
Volatility is the main nature of bitcoin due to its decentralized nature.Bitcoin reflects its original value whether higher or lower.There is no central body to control it.So volatility could not be controlled and it is due to this volatility traders gain by trading bitcoins.
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malikusama
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July 25, 2017, 04:16:56 AM |
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High volatility is the issue, volatility of bitcoins makes it unique from other currencies and it is attractive feature as business point of view. Volatility can be controlled if we have a stable market of bitcoin (which is in fact not possible due to its characteristics in my point of view)
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Blamsud
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July 25, 2017, 04:29:16 AM |
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High volatility is the issue, volatility of bitcoins makes it unique from other currencies and it is attractive feature as business point of view. Volatility can be controlled if we have a stable market of bitcoin (which is in fact not possible due to its characteristics in my point of view)
We can't control volatility since it is decentralized and demand is hard to predict. Some countries planning on implementing it can make its value really high. Stable market can only happen in short period of time and can change as fast that we don't even noticed.
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jakelyson
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July 25, 2017, 04:51:13 AM |
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you cannot control bitcoin market and you cannot control everyone else mind. will they pump or will they dump? that is why you cannot control bitcoin volatility. it is very different in fiat where government will just release federal reserves if fiat is getting too weak.
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