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Author Topic: At what price point do you think BTC will become more stable?  (Read 544 times)
avikz
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November 01, 2017, 10:59:33 PM
 #21

As everyone knows BTC goes through large fluctuations - do you think this will always be the case or we'll get to a price point where a sort of stabilisation will occur and fluctuations will calm down?

Bitcoin is on a growth mode and I see no reason for it to slow down now. Bitcoin is played heavily in the speculation market and stabling bitcoin price will slow down the speculations around it. There is no price point on which bitcoin can show some stability because bitcoin supply is slowly getting decreased according to the increasing mining difficulty. So as per the basic demand supply rule, the bitcoin price should keep on increasing because the demand is robust. We haven't yet seen the true power of bitcoin. The game has only started and we have a lot more surprises coming towards us from bitcoin.

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WUUEX79
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November 02, 2017, 12:23:27 AM
 #22

I can`t say bitcoin will be stable, because this is a market, bitcoin itself is a trade object and often experience fluctuations where a process of falling & rising its price occurs.

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November 02, 2017, 12:36:00 AM
 #23

It seems like the question of stability of bitcoin is not about its price. It will be more stable when it will be replace the fiat money in common life. But anyway untill it is competing with fiat i would expect at least 1-2$k annual changes of the BTC rate. To make it more suitable for everyday operations such changes shouldn't take the significant % of BTC price. For example +- 1000$ while 1 BTC is worth 100 000$ will only influence 1% of your money so you will have less risks while using BTC.
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November 02, 2017, 12:39:26 AM
 #24

Maybe at around 8,847.60560 USD it'll be more stable than now bitcoin prices now is so volatile.
L00n3y
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November 02, 2017, 12:56:22 AM
 #25

As everyone knows BTC goes through large fluctuations - do you think this will always be the case or we'll get to a price point where a sort of stabilisation will occur and fluctuations will calm down?
I think bitcoin will never be stable because as long as the damands become higher the price will increase. And as you can observe the history of bitcoin price the more it makes popular the price will getting high. I dont have any idea that bitcoin will be stable.
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November 02, 2017, 01:20:32 AM
 #26

No one knows when will the bitcoin price stabilize because of its high volatility. Bitcoin must have a mechanism or way to stabilize itself otherwise it will continue to fluctuate. It current price is on upswing and many are looking forward for more all time highs.
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November 02, 2017, 03:10:25 AM
 #27

No one knows when will the bitcoin price stabilize because of its high volatility.

Quiet right, The price stability of bitcoin is unidentified until bitcoin can be mined, Once the supply of bitcoin reach the max volume, Then we can speculate the right amount of bitcoin that will be stabilize because there will be no hard fork happening at that time. I'm sure bitcoin can be a 100K $ at that time.

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November 02, 2017, 03:13:31 AM
 #28

Beleive or not; it may be stable at 100000000 $$ if we aim to replace only dollars by bitcoin. So if the adoption of bitcoin continue in augmentation just imagine something that can replace all the money in the world.

Call me "SAW"
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November 02, 2017, 05:51:08 AM
 #29

As everyone knows BTC goes through large fluctuations - do you think this will always be the case or we'll get to a price point where a sort of stabilisation will occur and fluctuations will calm down?
In my opinion, I don't think that Bitcoin price fluctuations will stop soon because the demand for Bitcoin is increasing on a daily basis. Even after all the Bitcoin is been min, the fluctuations will continue because there are so many other factors that influence its price or value and that will make the price fluctuations to linger for a long time.

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November 02, 2017, 08:25:12 AM
 #30

I think bitcoin price will continue to go up and down for the coming years since it is getting more popular nowadays. Maybe the price of bitcoin will become stable when all of the countries have already legalized the use of bitcoin and accepted for all payment transactions worldwide. So it's so hard to tell the exact price now.
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