Can Bitcoin Volatility Be Controlled?

[jerowacik]

I think it will be very difficult to control. we see that bitcoin prices tend to change very quickly. although only some hoax news, it's because bitcoin users are determining bitcoin prices. the higher the level of bitcoin use by society the higher bitcoin also. it seems that bitcoin price control will be very difficult to do.

[kachimasu]

Why control it? Crypto currencies are so attractive right now because of volatility and speculation, there are non volatile coins and don't generate much interest

I think I do agree with it, most investors see potentials on things they can't control it's like a new thrill. In bitcoin you can't get bored to it, for other stocks they have the tendency for a repetitive trend everyday. And most users are used in gamble and uncertainty. It is like, a game play to them in some cases but eventually profiting the end. Cant argue much on what should be good for bitcoin, is good to be volatile or stable?. I think I will accept bitcoin as it is.

If you want Bitcoin as a speculative currency used to grow your money, it's true, there is no reason to control the volatility, but if you want to use it as currency on your daily life there should be some stability... People won't like to use 1 Bitcoin today to buy a computer as tomorrow this person can use the same 1 Bitcoin to buy a car... People will tend to hold and only hold, without making the BTCs circulate on the market.

There are non speculative coins today, but they don't have much traction, we can start another non speculative very usable coin today, who would use it?

[randythered]

Bitcoin is decentralised and can't be controlled but I think over time the volatility will naturally decrease as the market forces of demand and supply begin to stabilise and bitcoin becomes more established.

[Rinder]

Bitcoin its decentralized soo no one has plenty control to stabilize the coin or make it dump and pump like countries does make with their currencies usually. If bitcoin volatility were abel to be controlled it would be worth 3000 dollars never, it would be traded at 1 dolar or maybe less, crypto coins need to be traded, that does give them value and bring interest for them.

[kachimasu]

Bitcoin is decentralised and can't be controlled but I think over time the volatility will naturally decrease as the market forces of demand and supply begin to stabilise and bitcoin becomes more established.

Are you sure about that? pump and dump is what they do every day...

[grayhound]

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?

No one can control the volatility of bitcoin because everyday there are investors who buys and sells the coins and we do not know whats on the mind of these investors because everyone has their own thinking. I think it would only be controlled if there is a limit on buying and selling the coins with that limit everything would be in control.

[mrcash02]

Why control it? Crypto currencies are so attractive right now because of volatility and speculation, there are non volatile coins and don't generate much interest

I think I do agree with it, most investors see potentials on things they can't control it's like a new thrill. In bitcoin you can't get bored to it, for other stocks they have the tendency for a repetitive trend everyday. And most users are used in gamble and uncertainty. It is like, a game play to them in some cases but eventually profiting the end. Cant argue much on what should be good for bitcoin, is good to be volatile or stable?. I think I will accept bitcoin as it is.

If you want Bitcoin as a speculative currency used to grow your money, it's true, there is no reason to control the volatility, but if you want to use it as currency on your daily life there should be some stability... People won't like to use 1 Bitcoin today to buy a computer as tomorrow this person can use the same 1 Bitcoin to buy a car... People will tend to hold and only hold, without making the BTCs circulate on the market

Bitcoin is no exception here

Any appreciating currency (i.e. a currency rising in value) leads to this effect, that is, to people hoarding money instead of spending it. This is called price deflation (since one unit of a currency can buy more over time), and this is dangerous to the economy overall, by far more dangerous than small or moderate inflation (small and stable inflation is considered good and beneficial to the economy). In such conditions producers are disincentivized to produce, thus people are laid off, and the whole economy is set to spiral down. In other words, Bitcoin, with its number of coins hard capped, would be one such currency if it were used universally and instead of inflating fiat

Something like this happened on my country on the 80's. Saving account was too good and generated too much interest %, then many people just sold everything they had and put all their money on these accounts. Lots of people living from interest and stopped working, all day long doing nothing.

Then someday it crashed and people's money was confiscated, the interest % generated by these accounts dropped near to zero and it's like this until nowadays, worthless. With Bitcoin it's harder to happen because there are a global community involved and different interests, but there are many people dreaming to live without working, just with Bitcoins income and that isn't sustainable if everyone start thinking this way.

Who will produce the food, technology, science, education... ?

Why control it? Crypto currencies are so attractive right now because of volatility and speculation, there are non volatile coins and don't generate much interest

I think I do agree with it, most investors see potentials on things they can't control it's like a new thrill. In bitcoin you can't get bored to it, for other stocks they have the tendency for a repetitive trend everyday. And most users are used in gamble and uncertainty. It is like, a game play to them in some cases but eventually profiting the end. Cant argue much on what should be good for bitcoin, is good to be volatile or stable?. I think I will accept bitcoin as it is.

If you want Bitcoin as a speculative currency used to grow your money, it's true, there is no reason to control the volatility, but if you want to use it as currency on your daily life there should be some stability... People won't like to use 1 Bitcoin today to buy a computer as tomorrow this person can use the same 1 Bitcoin to buy a car... People will tend to hold and only hold, without making the BTCs circulate on the market.

There are non speculative coins today, but they don't have much traction, we can start another non speculative very usable coin today, who would use it?

All Crypto-Currencies are speculative currencies. Only option to use non-speculative currency is to use fiat instead of Crypto-Currency.

[kachimasu]

Why control it? Crypto currencies are so attractive right now because of volatility and speculation, there are non volatile coins and don't generate much interest

I think I do agree with it, most investors see potentials on things they can't control it's like a new thrill. In bitcoin you can't get bored to it, for other stocks they have the tendency for a repetitive trend everyday. And most users are used in gamble and uncertainty. It is like, a game play to them in some cases but eventually profiting the end. Cant argue much on what should be good for bitcoin, is good to be volatile or stable?. I think I will accept bitcoin as it is.

If you want Bitcoin as a speculative currency used to grow your money, it's true, there is no reason to control the volatility, but if you want to use it as currency on your daily life there should be some stability... People won't like to use 1 Bitcoin today to buy a computer as tomorrow this person can use the same 1 Bitcoin to buy a car... People will tend to hold and only hold, without making the BTCs circulate on the market

Bitcoin is no exception here

Any appreciating currency (i.e. a currency rising in value) leads to this effect, that is, to people hoarding money instead of spending it. This is called price deflation (since one unit of a currency can buy more over time), and this is dangerous to the economy overall, by far more dangerous than small or moderate inflation (small and stable inflation is considered good and beneficial to the economy). In such conditions producers are disincentivized to produce, thus people are laid off, and the whole economy is set to spiral down. In other words, Bitcoin, with its number of coins hard capped, would be one such currency if it were used universally and instead of inflating fiat

Something like this happened on my country on the 80's. Saving account was too good and generated too much interest %, then many people just sold everything they had and put all their money on these accounts. Lots of people living from interest and stopped working, all day long doing nothing.

Then someday it crashed and people's money was confiscated, the interest % generated by these accounts dropped near to zero and it's like this until nowadays, worthless. With Bitcoin it's harder to happen because there are a global community involved and different interests, but there are many people dreaming to live without working, just with Bitcoins income and that isn't sustainable if everyone start thinking this way.

Who will produce the food, technology, science, education... ?

Why control it? Crypto currencies are so attractive right now because of volatility and speculation, there are non volatile coins and don't generate much interest

I think I do agree with it, most investors see potentials on things they can't control it's like a new thrill. In bitcoin you can't get bored to it, for other stocks they have the tendency for a repetitive trend everyday. And most users are used in gamble and uncertainty. It is like, a game play to them in some cases but eventually profiting the end. Cant argue much on what should be good for bitcoin, is good to be volatile or stable?. I think I will accept bitcoin as it is.

If you want Bitcoin as a speculative currency used to grow your money, it's true, there is no reason to control the volatility, but if you want to use it as currency on your daily life there should be some stability... People won't like to use 1 Bitcoin today to buy a computer as tomorrow this person can use the same 1 Bitcoin to buy a car... People will tend to hold and only hold, without making the BTCs circulate on the market.

There are non speculative coins today, but they don't have much traction, we can start another non speculative very usable coin today, who would use it?

All Crypto-Currencies are speculative currencies. Only option to use non-speculative currency is to use fiat instead of Crypto-Currency.

Are you sure?

[mrcash02]

Are you sure?

What do you think? Is there any other possibility to use non-speculative currency without using fiat?

[Shutup]

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?

For me I think so its not controlled ,because volatility of bitcoin is since this is promoted and its not profitable for  payments when bitcoin is in a higher value,you will lose bitcoin.But I dont know in the future if bitcoin will be controlled.But for now only the bitcoiners having savings and expecting salaries from bitcoin enjoying their bitcoins what they have.

[Bluestreet]

If the number of investors increase in bitcoin and it will be accepted world wide then it is possible that bitcoin volatility can be controlled, as sometimes its quiet frustrating to see that in the start of the day you buy bitcoins at $3.5k but at the end of the day the price comes down to $3.3k.

[kachimasu]

Are you sure?

What do you think? Is there any other possibility to use non-speculative currency without using fiat?

just 3 examples https://themerkle.com/top-3-stable-cryptocurrencies-based-on-usd-value/

https://bitshares.org/technology/price-stable-cryptocurrencies/

[Loveydovey04]

I don't think so. It's volatility i think is that factor that makes it so popular. It gives the people this feelings of suspense everyday specially for the big investors. It raises their emtions to the 10th level whenever they check the market price every morning  . It can't be controlled because bitcoin is not controlled by anyone. It is decentralized and it makes it unique and gives us freedom over it.

[Ayiranorea]

If the number of investors increase in bitcoin and it will be accepted world wide then it is possible that bitcoin volatility can be controlled, as sometimes its quiet frustrating to see that in the start of the day you buy bitcoins at $3.5k but at the end of the day the price comes down to $3.3k.

Bitcoin volatility is an feature that is incorporated with it. So making it out of bitcoin looks incomplete and volatility is one among the best thing that make it far better than the traditional paper money. Maybe in future when it gets a much bigger investor base along with worldwide usage the volatility might get lowered by never goes nil.

[forkchain]

Bitcoin is decentralised and can't be controlled but I think over time the volatility will naturally decrease as the market forces of demand and supply begin to stabilise and bitcoin becomes more established.

Are you sure about that? pump and dump is what they do every day...

Pumps always happen dumps sometimes happen because in a bitcoin market bitcoin always goes pumps while in ETH it is quite friendly to bitcoin because it is same going up with bitcoin.

[Spontebob]

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?

I think volatility is something that we should control so that many investors will approve bitcoin as their main investment place. If the value of bitcoin is uncertain, then the possibility that you will earn large amount of money would go down and would be affected. But removing it's volatility will remove it's characteristic which may end up making bitcoin another thing. For me volatility is something that we should endure and endured as time passes by. We have to deal with it.

[Ajinomoto40]

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?

In my opinion, I don't think bitcoin's volatility is something that we should pay our attention to. We all know that pumps and dumps are just normal here and for me that's what makes it exciting, the risk. You should accept the fact that if you would enter bitcoin, you should be ready to risk all the things that you have. The payback you may get can change your life so stop aiming to control bitcoin's volatility instead you should just focus on what you are doing.

[bentong talong]

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?

We are all aware that there are a lot of things happening each and everyday in the market. As a result, the value of bitcoin is sometimes changing into higher value or lower. It is a thing that we cannot remove if we are going to enter bitcoim. In my case, I'm just letting bitcoin's volatility but I am always hoping that it will change into higher value so that I may earn larger amount of money that is enough for my satisfaction.

[slowlii]

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?

I think volatility is something that we should control so that many investors will approve bitcoin as their main investment place. If the value of bitcoin is uncertain, then the possibility that you will earn large amount of money would go down and would be affected. But removing it's volatility will remove it's characteristic which may end up making bitcoin another thing. For me volatility is something that we should endure and endured as time passes by. We have to deal with it.

We shouldn't control the volatility, I don't agree with you because the market is free and decentralized. And it has to stay like that forever. Controllng it meaning we're making it centralized. This is aganinst the motto.

[yoseph]

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?

For business retailers it's completely understandable for the skepticism in adopting bitcoins because the currency can just future down immediately a sale is made and that will make them lose money the only to combat this is that they retailer must be prepared to start saving bitcoins for the long term as well so that in the case that the value goes up, he can cash make some profits him or herself.