Quidat
|
|
January 06, 2018, 05:49:04 PM |
|
Steam dropped bitcoin support citing "high volatility" as a motive. When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing? If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad? Where does the idea of high volatility being an unnecessary evil come from? Are there good arguments or evidence which support the concept of high volatility being a negative circumstance? In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction? I don't really think so. If bitcoin is not as volatile as it is now, then people will not be able to earn by investment. Perhaps people could just work for them to earn bitcoin. Then that would mean that bitcoin is no different from the money that we are using right now. Therefore, bitcoin's volatility is definitely a positive thing and not just something that should be eliminated. Volatility maybe positive or negative. It is the way market move specially from the FUD they encounter that makes them more popular to the investors which are being intrigue what bitcoin is. With this popularity, I think bitcoin becomes more successful to its journey being the number 1 in the crypto currencies market. Volatility would really go either both ways which is negative or positive to traders or investors but on major thing it is really a good thing for me on my own view since we do able to make money on such movements knowing off that price volatility does signifies a healthy market of sellers and buyers and the same time if we do able to ride with the waves.
|
|
|
|
waichi
Full Member
Offline
Activity: 359
Merit: 100
Reinventing Decentralised Finance on BSC
|
|
January 06, 2018, 06:13:47 PM |
|
I think it is not. Bitcoin is not yet a currency but still a speculative asset. When a market is volatile, it is a sign that there are many people trading around the world. With that you can play with and make money with the increase/decrease of its price.
|
|
|
|
AVAMONEY
|
|
January 06, 2018, 06:23:34 PM |
|
Steam dropped bitcoin support citing "high volatility" as a motive. When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing? If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad? Where does the idea of high volatility being an unnecessary evil come from? Are there good arguments or evidence which support the concept of high volatility being a negative circumstance? In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction? The volatility it has a negative impact in the evolution of Bitcoin because it is manipulable. Theoretically yes, price volatile based to market demand can be manipulable by some groups to gain short profit with pumping it. But in fact, when bitcoin going increasing many people are rush to buying it so it makes the price can't be back. Volatile can impact many platform since Bitcoin nowadays has become stored of value asset, not more compatible for being online digital currencies online shopping payment. With volatile system people seeking this as future trading only.
|
|
|
|
Wilfrer
|
|
January 06, 2018, 06:35:25 PM |
|
I think Bitcoin's fluctuations offer so many opportunities for investors as well as traders and the currencies that depend on it. Maybe you will feel quite risky when investing but if you are calm and assertive, you can completely make money from it.
|
|
|
|
ssuchy
|
|
January 06, 2018, 08:18:01 PM |
|
I think Bitcoin's fluctuations offer so many opportunities for investors as well as traders and the currencies that depend on it. Maybe you will feel quite risky when investing but if you are calm and assertive, you can completely make money from it.
The fact is that this situation on the market is not only good for investors, but for traders it's like honey that allows you to eat Spoon. With such price fluctuations, you can earn a huge fortune.
|
|
|
|
vectorshield
Newbie
Offline
Activity: 59
Merit: 0
|
|
January 06, 2018, 11:09:53 PM |
|
Volatility is very bad for slow transactions. After all, it's unpleasant when you make a payment, and the price has already changed for 3 times already. And because of this bitcoin is not recognized in the world.
Volatility isn't that bad, the real issue with transactions is how slow they are, you can send a good fee and yet the confirmation is going to take forever if it comes at all, that is why many people are using other means of sending payments like ETH or LTC.
|
|
|
|
deppil
|
|
January 06, 2018, 11:30:25 PM |
|
Volatility isn't good unless you sell the peaks and buy the dips. BTC is young and it's going to be volatile for years to come.
Yes thats true , if Bitxoin is not a volatile currency we should be all worry about it and I think it will not be famous as now it remain as cheap like before, cause Bitxoin became popular because of its price nowadays. Yeah indeed having something saved is just a blessing and for sure it will give me and you more profit in future. Well as for being decentralized currency, volatility of bitcoin is main feature of bitcoin. on the other side it is bad because some countries are not trusting bitcoin because of changing price each month. It is good for those who are investing because when price of bitcoin use to change it goes high and bigger in price. fluctuations can be a bad thing for some people but it can be a good thing if used. for some traders the fluctuations are what they like because of the fluctuations making the coin's price grow faster and move up and down, so that they make a quick profit in one day. yeah but for some users who use bitcoin for currency of course fluctuation is a scourge for them
|
|
|
|
jaysabi
Legendary
Offline
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
|
|
January 07, 2018, 03:50:37 PM |
|
Steam dropped bitcoin support citing "high volatility" as a motive. When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing? If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad? Where does the idea of high volatility being an unnecessary evil come from? Are there good arguments or evidence which support the concept of high volatility being a negative circumstance? In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction? Amazon's stock is not a medium of exchange, so it being volatile doesn't affect the company's business operations. When Bitcoin is volatile as a medium of exchange, it makes it impossible to conduct business in that medium because profitability it volatile. No business can survive the inability to predict what its assets are worth. If you transact at a bunch of business with 5% margins but the currency you just accepted could be up or down 20% in the next few days, you could be conducting your business at huge losses. Businesses can't function reliably in this environment. The most important aspect of a currency is stability, because the other important attributes (medium of exchange, store of value) arise from the stability. That's where the idea of volatility making Bitcoin an unsuitable currency comes from.
|
|
|
|
Nfp
Member
Offline
Activity: 168
Merit: 14
|
|
January 08, 2018, 06:30:09 AM |
|
I don't really think that the volatility of bitcoin is a bad thing, instead this is one of the most important features of bitcoin that attracts many investors to invest millions or maybe billions in bitcoin. And this is also one of the reasons why bitcoin is on the top of all crypto currencies.
|
|
|
|
Kuya Kim
Member
Offline
Activity: 160
Merit: 14
|
|
January 08, 2018, 06:36:26 AM |
|
Steam dropped bitcoin support citing "high volatility" as a motive. When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing? If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad? Where does the idea of high volatility being an unnecessary evil come from? Are there good arguments or evidence which support the concept of high volatility being a negative circumstance? In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction? It depends on the situation I think. If we can remember, the volatility of bitcoin plays a vital role on making it more popular and I don't think investors would be attracted to it if it weren't because of the volatility. You can always benefit from all of this pumps and dumps, all you need to have is the proper timing and the patience so that you can have your profit growing together with bitcoin.
|
|
|
|
slashz9
|
|
January 08, 2018, 07:49:17 AM |
|
yes I think high volatility is not bad, because with the increase in the value of a good thing proves that he has done things a step better than before, for example if the bitcoin price rises from 16k us to 50k us of course it shows a positive response, so we need not question whether it is good or bad.
|
|
|
|
yonjitsu
Full Member
Offline
Activity: 476
Merit: 100
www.daxico.com
|
|
January 08, 2018, 07:57:10 AM |
|
Volatility of a digital currency depends of the demand of the people. It is a very good thing if it favors to the rise of market price of a certain currency which HODLers are the number 1 benefited to it. On the other side of it, it can hurt those investors who don't know how to HODL when its market price plummets down because they will just sell their coins in fears that its price will never come back again.
|
|
|
|
MoonHodler
Member
Offline
Activity: 114
Merit: 10
Bitcoin: 1HrWs3tDzWr13zocV3qP9ENRLgiDuewtsu
|
|
January 08, 2018, 10:01:40 AM |
|
It is a bad thing for everyday transactions, but volatility seems to slow down over time.
|
Enjoy your life, one day at a time. Bitcoin Address: 1HrWs3tDzWr13zocV3qP9ENRLgiDuewtsu
|
|
|
lenovo16
|
|
January 08, 2018, 10:19:46 AM |
|
Steam dropped bitcoin support citing "high volatility" as a motive. When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing? If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad? Where does the idea of high volatility being an unnecessary evil come from? Are there good arguments or evidence which support the concept of high volatility being a negative circumstance? In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction? Actually the volatility of bitcoin is not a bad thing to it. Its actually what makes it more popular in cryptoworld. And that's what encourage more investors to try to invest in bitcoin. Aside from that it makes the bitcoin more unique than other currency . Although its so hard to predict, what will be the price of bitcoib, it still had the most number of supporters. So if the value ,of bitcoin are falling down you don't have to panic. Just wait and hold it until it rises again.
|
|
|
|
mr.nby
Member
Offline
Activity: 307
Merit: 10
|
|
January 08, 2018, 10:38:41 AM |
|
High price volatility isn't good. It brings uncertainty to the market which is never good. It can lead to panic and currency sales.
|
|
|
|
Rrtt
Member
Offline
Activity: 378
Merit: 10
|
|
January 08, 2018, 12:07:30 PM |
|
Bitcoin volatility in my opinion is good because it creates opportunities to some people especially the traders.
|
|
|
|
bristlefront
Member
Offline
Activity: 225
Merit: 10
|
|
January 08, 2018, 12:44:31 PM |
|
It is a good thing for traders but bad thing for those users. In trading, it gives them a chance to earn profit. For users, if they use bitcoin as payment for daily payments there could be a chance to have a loss once the value collapse.
|
|
|
|
qtypatuty
Member
Offline
Activity: 144
Merit: 10
|
|
January 08, 2018, 02:22:19 PM |
|
Bitcoin volatility is neither a good thing or a bad thing, but in my opinion, a fair concept. If the Bitcoin's price if decreasing in value, you will surely have losses. However, what makes it fair is that once the Bitcoin's price increases in value, you will get back what you lost, or better, gain more that what you lost.
|
|
|
|
Strygwyr
Newbie
Offline
Activity: 7
Merit: 0
|
|
January 09, 2018, 07:35:36 PM |
|
Bitcoin volatility is neither a good thing or a bad thing, but in my opinion, a fair concept. If the Bitcoin's price if decreasing in value, you will surely have losses. However, what makes it fair is that once the Bitcoin's price increases in value, you will get back what you lost, or better, gain more that what you lost.
Well to tell you the truth mate, the volatility and the decentralization thing about Bitcoin, its just all a cover. The things is these people called whales, they are the ones who're controlling the price right now. If they wanted to have a higher price then they'll go for it, and vice versa.
|
|
|
|
pisston
|
|
January 09, 2018, 08:47:49 PM |
|
Bitcoin volatility is neither a good thing or a bad thing, but in my opinion, a fair concept. If the Bitcoin's price if decreasing in value, you will surely have losses. However, what makes it fair is that once the Bitcoin's price increases in value, you will get back what you lost, or better, gain more that what you lost.
Well to tell you the truth mate, the volatility and the decentralization thing about Bitcoin, its just all a cover. The things is these people called whales, they are the ones who're controlling the price right now. If they wanted to have a higher price then they'll go for it, and vice versa. if earlier I thought that the Bitcoin pricing was influenced by a certain group of people who had a huge amount of Bitcoin on their wallets. So they could influence the price of Bitcoin on the market. But today's price increase, which last month reached 20,000 dollars, is completely unreasonable and I do not understand where such huge figures come from.
|
|
|
|
|