stable currency

[Kyraishi]

i was just wondering
how much more time BTC needs to become a little more stable?
in past 24 hours BTC exchange rate have increased 19.1%

i am not really sure why it went down on the first place
but i am happy that they are UP now
& i am still wondering what make the price increase :/


to be honest i dont know much about the tech.
all i know is the rate is decided by the trading ratio & volume...

and according to news 2 largest dark web market(alphabay & hasana) have been shutdown by feds
& i think that most of the BTC transaction come from dark web......
so closing of those market should decrease the trade volume
and it should affect the price......
so down it mean that exchange rate will decrease again??

The fact is that bitcoin is still mostly speculation and there are very little merchants that currently accept bitcoin in return for actual goods and services. It's true that online wise, the merchant base has grown a lot since the start, which is partially the reason why bitcoin has stabilized when compared to years ago. But in real life, you probably won't find one merchant accepting bitcoin out of 100 even in the USA.

As time goes on though, more and more merchants will accept bitcoin and bitcoin will essentially be backed by goods and services that people offer. Plus, more users will use bitcoin as time goes on. This will stabilize bitcoin.

Cryptocurrencies can't be completely stable, though. Otherwise, it's pegged to fiat, and that defeats the purpose of having a cryptocurrency in the first place.

[madwica]

Yes there is no currency stable value in crypto currency all of the coin fluctuates and some of the coin not survive for the lonv period of time.
For me i only choose to have bitcoin since this is the mother coin in crypto curency also this coin provides me good income and it helps me to grow status in life.

[logicgate]

Stable currency value is impossible because currency's price is always changes because of the economy also bitcoins price is depends on how many people are investing on it. So currency really can not become stable its value changes always.

Of course right stable value of digital currency is impossible because if when the every digital currency prices are stable there users will be very less and no body invest money in the digital currency because I think its return will not very profitable. So every currency like bitcoin price will be forever unstable because right, it is depend on peoples if its price is high then understood its investors are large of numbers and when its price low then the numbers of investors are goes to low.

[BossMacko]

Bitcoin will never become stable, the reason why people are investing on Bitcoin is because it is not unstable, sometimes price goes down but the price will get back and exceed the highest price of Bitcoin. That is why many people are getting rich because they keep on collecting.

[matuson]

Bitcoin will never become stable, the reason why people are investing on Bitcoin is because it is not unstable, sometimes price goes down but the price will get back and exceed the highest price of Bitcoin. That is why many people are getting rich because they keep on collecting.

The fact that bitcoins will never be stable I agree with that, but how long can growth. Instability may be expressed in falling prices. We now see how inflated the bubble and nobody knows when it will burst.

[BitcoinGirl.Club]

i was just wondering
how much more time BTC needs to become a little more stable?

We cant really know when this will happen but when price is much higher it will become stable

i am not really sure why it went down on the first place but i am happy that they are UP now

Usually prices go down as a result of corrections or panic from some bitcoiners

i am still wondering what make the price increase :/

Speculations have some influence in affecting the price but in bitcoins case its usually triggered by demand

[Osarman]

i was just wondering
how much more time BTC needs to become a little more stable?
in past 24 hours BTC exchange rate have increased 19.1%

Bitcoin price fluctuations affected by supply and demand (buy and sell) in every exchanges, just simply like that.
Bitcoin may need more than 30 years to become more stable, when bitcoin has spread widely and there's no one which hold bitcoin in huge amount (100k - 1 Mil) as he can sell and affect bitcoin price. At least when bitcoin reach higher price, people will think twice before sell their precious bitcoin and prefer to spend it to purchase goods.

I don’t think so stability of bitcoins is required. Bitcoins are doing fine with the fluctuations.
Fluctuations make it appear different from other conventional currencies. Lol 30 years are too much. One decade is enough for bitcoins to achieve stability but I don’t want it to be stable.

[youdacapt]

i was just wondering
how much more time BTC needs to become a little more stable?
in past 24 hours BTC exchange rate have increased 19.1%

Bitcoin price fluctuations affected by supply and demand (buy and sell) in every exchanges, just simply like that.
Bitcoin may need more than 30 years to become more stable, when bitcoin has spread widely and there's no one which hold bitcoin in huge amount (100k - 1 Mil) as he can sell and affect bitcoin price. At least when bitcoin reach higher price, people will think twice before sell their precious bitcoin and prefer to spend it to purchase goods.

I don’t think so stability of bitcoins is required. Bitcoins are doing fine with the fluctuations.
Fluctuations make it appear different from other conventional currencies. Lol 30 years are too much. One decade is enough for bitcoins to achieve stability but I don’t want it to be stable.

As long as bitcoin can still be mined then fluctuations will still occur, this is what distinguishes with forex because many speculators are very happy with the rapid and extreme price difference. When bitcoin becomes stable in the future I'm sure many people are not willing to sell it and just play in altcoin market.

[Qunenin]

This is probably always going to be something with cryptocurrency that needs to be dealt with. The popularity of Bitcoin is due to the fact it's a tradeable commodity and people make money off of it. That's why the price index is so high. In order to stabilize that you're going to lose the ability to make money off of exchanges and then it's going to lose popularity.

[noormcs5]

This is probably always going to be something with cryptocurrency that needs to be dealt with. The popularity of Bitcoin is due to the fact it's a tradeable commodity and people make money off of it. That's why the price index is so high. In order to stabilize that you're going to lose the ability to make money off of exchanges and then it's going to lose popularity.

At the same time the only way to really get stabilization and a price index for the development team to play certain controls in there which suddenly makes it no longer a decentralized currency and something totally different, just a digital currency.

[Bianxee]

i was just wondering
how much more time BTC needs to become a little more stable?
in past 24 hours BTC exchange rate have increased 19.1%

i am not really sure why it went down on the first place
but i am happy that they are UP now
& i am still wondering what make the price increase :/


to be honest i dont know much about the tech.
all i know is the rate is decided by the trading ratio & volume...

and according to news 2 largest dark web market(alphabay & hasana) have been shutdown by feds
& i think that most of the BTC transaction come from dark web......
so closing of those market should decrease the trade volume
and it should affect the price......
so down it mean that exchange rate will decrease again??

There is no stable currency ,and we can't stop its fluctuation of price .we can't speculate now when it will become stable as from the start bitcoins is not stable. Closing the darkweb doesnt totally affect the bitcoins ,it is not only the crypto that exist some of the darkweb uusers uses monero ,zencash .which they can use in other transaction.

[KingdomHearts]

This is probably always going to be something with cryptocurrency that needs to be dealt with. The popularity of Bitcoin is due to the fact it's a tradeable commodity and people make money off of it. That's why the price index is so high. In order to stabilize that you're going to lose the ability to make money off of exchanges and then it's going to lose popularity.

Why would anyone expect Bitcoin to be stable? Sometimes I wonder why are people saying that bitcoin is the only thing that’s volatile. I don’t really believe that, other currencies, including dollar is volatile. Each and every commodity is volatile so bitcoin is also volatile. Moreover Satoshi included this feature so that we will show interest in adopting it.

[stepwilli]

This is probably always going to be something with cryptocurrency that needs to be dealt with. The popularity of Bitcoin is due to the fact it's a tradeable commodity and people make money off of it. That's why the price index is so high. In order to stabilize that you're going to lose the ability to make money off of exchanges and then it's going to lose popularity.

Why would anyone expect Bitcoin to be stable? Sometimes I wonder why are people saying that bitcoin is the only thing that’s volatile. I don’t really believe that, other currencies, including dollar is volatile. Each and every commodity is volatile so bitcoin is also volatile. Moreover Satoshi included this feature so that we will show interest in adopting it.

What an answer, mate! Indeed each and everything in this world is volatile. If volatile is referred as change or instability, we humans are the most volatile creatures in the whole universe. As far as I am concerned, I like bitcoins for their volatile nature because it causes thrill besides teaching new trading lessons.

[suvo05]

i was just wondering
how much more time BTC needs to become a little more stable?
in past 24 hours BTC exchange rate have increased 19.1%

i am not really sure why it went down on the first place
but i am happy that they are UP now
& i am still wondering what make the price increase :/


to be honest i dont know much about the tech.
all i know is the rate is decided by the trading ratio & volume...

and according to news 2 largest dark web market(alphabay & hasana) have been shutdown by feds
& i think that most of the BTC transaction come from dark web......
so closing of those market should decrease the trade volume
and it should affect the price......
so down it mean that exchange rate will decrease again??

If BTC price got stable the people will lose interest in Trading bitcoin. If someone  want stability in value then he will be happy with dollar why he would try to buy BTC?

[sukamasoto]

....
....
If BTC price got stable the people will lose interest in Trading bitcoin. If someone  want stability in value then he will be happy with dollar why he would try to buy BTC?

As long as bitcoin keep stable but increase a bit overtime , people still interest on it just like gold. By seeing the bitcoin graph in past event years, bitcoin had increasing trend rather than stable like gold for example. I'm bet that people who invest on gold will start interest to invest bitcoin

[Similificator]

i was just wondering
how much more time BTC needs to become a little more stable?
in past 24 hours BTC exchange rate have increased 19.1%

i am not really sure why it went down on the first place
but i am happy that they are UP now
& i am still wondering what make the price increase :/


to be honest i dont know much about the tech.
all i know is the rate is decided by the trading ratio & volume...

and according to news 2 largest dark web market(alphabay & hasana) have been shutdown by feds
& i think that most of the BTC transaction come from dark web......
so closing of those market should decrease the trade volume
and it should affect the price......
so down it mean that exchange rate will decrease again??

Umm.. nope., thses dark web sites are just a small part of all the other bitcoin users community. It doesn't take that much volume and i doubt it can do ao much effect. And if they are using escrows which probably almost everyone today uses for secured transactions, then the effects of these sites being shutdown to bitcoin become even lesser. What i think really effects the prices are the people who gamble and trade. Also those people who dump huge amounts or a group of them. That is what i think.

[Lampaster]

....
....
If BTC price got stable the people will lose interest in Trading bitcoin. If someone  want stability in value then he will be happy with dollar why he would try to buy BTC?

As long as bitcoin keep stable but increase a bit overtime , people still interest on it just like gold. By seeing the bitcoin graph in past event years, bitcoin had increasing trend rather than stable like gold for example. I'm bet that people who invest on gold will start interest to invest bitcoin

Even if bitcoin is constantly increasing in price in order for investors preferred bitcoin he needs to gain confidence. We see that still very few people interested in crypto currencies. On the contrary I do not invest in gold because I'm not interested. How to persuade me to do it?

[reflector]

....
....
If BTC price got stable the people will lose interest in Trading bitcoin. If someone  want stability in value then he will be happy with dollar why he would try to buy BTC?

As long as bitcoin keep stable but increase a bit overtime , people still interest on it just like gold. By seeing the bitcoin graph in past event years, bitcoin had increasing trend rather than stable like gold for example. I'm bet that people who invest on gold will start interest to invest bitcoin

Even if bitcoin is constantly increasing in price in order for investors preferred bitcoin he needs to gain confidence. We see that still very few people interested in crypto currencies. On the contrary I do not invest in gold because I'm not interested. How to persuade me to do it?

If that is a Gold or Bitcoin, it's all upto your interest. Please trying to invest on bitcoin related projects such as ICO, trading, lending or mining. As we see the recent price bump in the chart, I noticed Bitconnect ICO started few years before but as of now bitcoin price is around 120$ and getting increase everytime. So don't worry and invest it.

[malikusama]

It will never be as stable as gold and others because its characteristics are different from others, bitcoin price is volatile so the price will never become stable even in the future. If you are talking about  reliable in terms of stability then i think bitcoin is reliable enough by observing its price even after hard fork.

[x8currency]

There is a new token coming up that will tackle the issue of stability through automatic diversification and AI trading. ICO is on September 14.
https://bitcointalk.org/index.php?topic=2114287.msg21143521#msg21143521
https://x8currency.com/
slack: https://x8currency.herokuapp.com/