Vektrum
Member
Offline
Activity: 420
Merit: 14
|
|
March 04, 2018, 11:14:57 AM |
|
In my opinion, the stability of the bitcoin price does not depend on whether or not its total quantity is extracted. Now we can observe that the higher the price of bitcoin, the greater the amplitude of its oscillations. The recent December increase in the price of bitcoin to $ 20,000 entailed its decline to $ 6,000. Therefore, the more its price, accordingly, the greater will be its volatility. The fact that all 21 million bitcoins will be mined, I think, will not affect the size of the volatility of bitcoin.
|
|
|
|
Premooooo
Jr. Member
Offline
Activity: 280
Merit: 1
|
|
March 04, 2018, 11:23:19 AM |
|
bitcoin prices are not stable because time has risen and decreases its price due to investors because investors control the price of btc because if more investors have higher prices.
|
|
|
|
arbelian
Member
Offline
Activity: 89
Merit: 10
|
|
March 04, 2018, 11:27:16 AM |
|
I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.
What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?
In my opinion the price will not be stable because as we all know that the crypto market is too volatile. Volatility is the most stable in the crypto market. We cannot determine the flactuation of the market and if the value became stable it would only mean that our investments will not grow.
|
|
|
|
Gabrieelle
|
|
March 04, 2018, 11:39:38 AM |
|
80 percent of Bitcoin is already be mined and rest is 20 percent and now the price look stable at 10 thousand dollars which may continue for some more days looking at present bitcoin chart
Probably this situation will not last for long. As I suppose, some events that will happen soon (the fork, for instance, or the new rules connected with BTC) will be the trigger to change the price of Bitcoin dramatically. I agree with you, it seems like the price is stable at 10k but we all know that it will continue to change. The price of bitcoin is volatile and that is one of its major properties, it is being affected by a lot of factors and we never know what the price will be because no one can ever tell what exactly the price will be tomorrow, or the next day, next month, no one knows it. We never know what might happen.
|
|
|
|
Mariela
Jr. Member
Offline
Activity: 224
Merit: 2
|
|
March 04, 2018, 11:54:58 AM |
|
We all know that the value of bitcoin still not stable. And we can't predict its price buy tomorrow . But good thing is there are still people who auspices to it.
|
|
|
|
Phyton76
|
|
March 04, 2018, 12:02:47 PM |
|
I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.
What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?
We all know that the value here in bitcoin will not be stable because it change immediately.The price of bitcoin is very volatile and the price cannot stabilize normally.Also it will always depend on the free play of supply and demand.We never when will the price will be stable.
|
|
|
|
carlbreezy
Newbie
Offline
Activity: 106
Merit: 0
|
|
March 04, 2018, 12:07:08 PM |
|
It was supposed to be stable because it was invested as a currency. But due to it’s volatility also makes bitcoin highly profitable just like now.
|
|
|
|
TeraBitHoven
Newbie
Offline
Activity: 143
Merit: 0
|
|
March 04, 2018, 12:35:17 PM |
|
I think it will not be stabilize, since bitcoin is naturally volatile and if it happens, it will be not as profitable as it is now. Supply and demand of bitcoin is very reflective with its volatility and I don't think it can be stabilize since supply and demand varies. Its price cannot be controlled and even predicted.
|
|
|
|
xxx3
Member
Offline
Activity: 87
Merit: 10
|
|
March 04, 2018, 12:47:23 PM |
|
In my opinion In the first case the value of unstable bitcoin sometimes falls but sometimes also rises but does not depend on the economy of each country but depends on the investor so why go up and down in value. According to what video I notice that bitcoin value in this year will reach $ 50,000 to $ 60,000 so this means it's time to invest when thw value is at the lowest price and as I said, bitcoin will not be stable.
|
|
|
|
neymarjunior50
Jr. Member
Offline
Activity: 266
Merit: 1
|
|
March 04, 2018, 12:49:30 PM |
|
Bitcoin is currently quite stable in recent days but not high in price and hopefully will increase in the coming days.
|
|
|
|
Fantastic33
Member
Offline
Activity: 308
Merit: 12
|
|
March 04, 2018, 12:56:12 PM |
|
Bitcoin's price is not stable. Its highly volatile...so it changes from time to time. This price fluctuation happens because of the factors that affects its supply and demand.
|
|
|
|
niteroy
Member
Offline
Activity: 476
Merit: 17
|
|
March 05, 2018, 01:18:52 PM |
|
Probably not as there will be no more supply. It should increase If the demand remains the same. I wouldn't think much about it though, we would be all dead by then.
The limitation of maximum amount of bitcoin will automatically makes the demand increase easily. May be bitcoin price could be more stable but it will still tend too rise. Nowaday too many traders who trade bitcoin everyday. It makes the volatility even higher, if more holder and bitcoin that exist rather than bitcoin trader then the price will be more stable. I agree, but the growth of bitcoin's capitalization over several billion dollars will make its price more stable, since traders will need much larger amounts in order to be able to greatly influence its price. I'm sure we will see this in the next year or two.
|
|
|
|
svetochka.yakovleva.93
Member
Offline
Activity: 266
Merit: 10
|
|
March 05, 2018, 01:25:22 PM |
|
I do not think that in the near future the price will be stable. This is basically good and bad, because if we talk about buying some things for a crypto currency it would be better if it were stable, and if we wait for growth and invest, we generally do not want it to be otherwise and stability is not needed . It depends on what priorities everyone has.
|
|
|
|
Cherylstar86
|
|
March 05, 2018, 01:26:08 PM |
|
I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.
What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?
It's hard to stabilize the value if bitcoin due to it's volatility that can change it's value from time to time. Also, it affects the volatility of those users having huge amount of bitcoin that can definitely fluctuates the value as they invest and cash out their shares of bitcoin. I would say it's hard to stabilize the value of bitcoin since most of users make as an investment and in some time they will cash out as they really need money.
|
|
|
|
pusa aso
Member
Offline
Activity: 207
Merit: 10
|
|
March 05, 2018, 01:43:25 PM |
|
I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.
What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?
if you are a bitcoin lover and if you want that the price will be stable you have to trust your self and your work.and you must trust bitcoin because bitcoin will never fall you down,it will brings you up and some day bitcoin will made you an instant millionaire. it is very hard to pinpoint what will be the next move of bitcoin price now because some of the time it will go down and it will go up we cannot determine what will be the next move,but if we believe in bitcoin and we must trust it then i know that the price could be so cool and if we can wait then i know that it could be going to be stable,thank you sir.
|
|
|
|
domerosan10
Newbie
Offline
Activity: 192
Merit: 0
|
|
March 05, 2018, 01:43:36 PM |
|
in my opinion the price will not be stable, because this bitcoin electric currency is always updated. I think the price will increase as many people start to know bitcoin and maiai there are people who invest bitcoin.
|
|
|
|
keninu
Newbie
Offline
Activity: 314
Merit: 0
|
|
March 05, 2018, 01:52:16 PM |
|
I think any time until bitcoin prices is not going to be stable, the price will go up and down depending on supply and demand of the Bitcoiner. and my estimate by the end of this year bitcoin prices will rise high.
|
|
|
|
JCO05
|
|
March 05, 2018, 01:55:37 PM |
|
I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.
What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?
I think that's impossible especially for a cryptocurrency like Bitcoin which is really volatile in the market. Changes on its market value from time to time is a natural scenario in Bitcoin. Since the capital is only limited, in the future it will be more expensive so stability is absence. That is also what makes Bitcoin profitable. And if ever it will have a stable market price it won't be as especial as it is at this moment
|
|
|
|
angelakrasnova
Member
Offline
Activity: 252
Merit: 10
|
|
March 05, 2018, 02:07:39 PM |
|
Bitcoin will not be stable never because its amount is limited and it will only gain growth.
|
|
|
|
yonghaseo
Jr. Member
Offline
Activity: 111
Merit: 3
|
|
March 05, 2018, 02:25:29 PM |
|
There is no exact standing price for bitcoin but time passes by it increases yearly. The more investors come in the stability status getting firm. Many measures can proved that bitcoin will survive what lapses happens along the way going up. It's given in a certain crypto business we also need to understand how investments grow because many Bitcoiners do panic when price is in not in good term, they don't realize that holding on and positive thoughts can really help staying and believing that Bitcoin price will rise high not as usual status. Having goosebumps scenario about bitcoin is normal, yes, what we can think that bitcoin is not stable because of price but we never think also that flexibility of price makes bitcoin getting more stable.
|
●●● XPETROLEUM | Building The Trust Oil Economy With Blockchain Technology ●●● Visit : https://xpetroleum.com/
|
|
|
|