Why is bitcoin stability important?

[PatronRH]

Bitcoin stability is an important thing as a matter of fact any currency's stability is an important thing because every currency represents some resources so if the price is going up and down it doesn't do that anymore so sometimes it becomes useless whether we are buying something because the amount of money needs to meet the value of what we want to buy at the exact same time which is very hard.

[1714137635]

1714137635

[1714137635]

1714137635

[wozzek23]

I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion.?

Bitcoin stability bring more investors. More investors pitch in, the rate increases, the popularity increases and currency market ill be busy with bitcoin and other currenices move and achievemnets.

The bitcoin stability is going to be appreciated by people if it is for two or three months. If you are talking about the stability and that too for a long time, mark my words that this way bitcoin will lose a lot of investors. You need to understand that people now a days want quick results, they like things which generate immediate responses and this is why they have left gold market because of its sluggish nature.

[raidarksword]

Bitcoin stability is really important for the crypto currency to have a healthy and stable market. It is a great help to attract more investors that could give them assurance that bitcoin is really a good investment to venture with, not just for a moment but for a long term goal.

[shoujiuhaituo7]

Stability is a sign that the market is mature, only stable currency will likely be recognized the world currency, now BTC did not reach this stage, if there is no volatility BTC, prices become very stable so there will be many people invest in BTC?

[ashkanm]

Stability is a sign of market maturity. we desperately need price stability, because all alt follow the path of bitcoin scenario. if bitcoin decreased automatically alt price also decreased,

[BigBos]

when the bitcoin price is stable, so is the altcoin price. the stability of bitcoin is very important in exploiting market prices, because when prices become unstable, so many people will panic, and sell the assets they have.

[Agathai]

The stability of bitcoin is important because:
- Many people are still worried about the risk and fluctuation of bitcoin -> stability will create trust and increase the popularity.
- Stability is the nature of the target becoming the global payment method of bitcoin. But it is being exploited to generate profits.
- In a market that is not fully legalized, the value of high / low volatility is always affected by the reaction of the community.

[FairUser]

because people are heaving faith on btc and they are connected with btc from long time and also many countries are trusted on the btc they are giving importance to btc, bitcoin got its level in the market and that's why so many people are investing on it including me so bitcoin stabilities is very important and compulsory.

[bitkanu]

I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion.?

I think bitcoin is important to be stable because all ICO Project will never have a hesitation to conduct their ICO Project which people wanted to invest.

Even without the stable price people still conduct their ICO anyway, why? because majority of their business are in cryptocurrency field which in this case the unstability of the cryptocurrency price doesnt matter because they are working for the cryptos.
The bearish and bullish market is just an everyday thing for them.

[tailwate07]

For me stability will make people believe that crypto could be used mostly everywhere, thanks to that those prices will pump and market will be recovered, but that is future in my opinion.

It will happen dude. Things aren’t that much complex. There will be rise of bitcoins in near future. As they have shown an immense increase in last December. Wait for the good time and I am sure that is just coming ahead. Bitcoins have shown the world that they will be making everything fantastic if they are given the best chance. Hope this month or the next one bring best chances for bitcoins.

[Freshmen]

stability is a sign of market maturity this is a good trend for those who are ready to invest in bitcoin for the long term.He expressed his concern over the rising volatility rate at the time and its negative impact on the overall industry of bitcoin even the top cryptocurrencies are struggling to deal with volatility and as bitcoin and security expert.

Yes, I agree with you. For me, bitcoin's consistency of having high market value gives opportunity to all altcoins to have higher value also and this makes cryptos more important and good to invest.

There is no doubt that bitcoin is the one who is controlling the market price of all the virtual currencies present in the market directly. The issue is that the value of other coins is measured by relating them to bitcoin, so they are bound to look forward to bitcoin for increase in their values. The fluctuating nature is adding charisma to the nature of crypto market for attracting a wide range of investors from every corner.

[slyfox]

The stability of bitcoin is important because it helps investors trust and continue to participate in the cryptocurrency market. Bitcoin will create momentum for the cruptocurrency market and the price of bitcoin will be even higher. In the future, people will use bitcoin in the most common and effective way.

No one invest in bitcoin because of its stability, everyone invests because of the possibility of earning a significant amount of money in a relatively short amount of time, this can be a difficult thing to accept for some people especially those that want to see bitcoin used more as a currency than as some form of investment but we need to recognize that is the truth.

[johnalyn]

Stability of bitcoin is more important because if you know the price of the currency you can easy track your money if your investments are growing in investing it to bitcoin. And if you don't now the stable of a crypto it is hard to invest if you are an investors they will surely choose a crypto with a stable price that can earn more profit.

[elkafee79]

I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion.?

I think the fluctuations of currency is normal, maybe more people want stable bitcoin. but, It is currency. I like this condition, ita make me happy and has pashion  to buy and hold.

[canque31]

I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion.?

I think the fluctuations of currency is normal, maybe more people want stable bitcoin. but, It is currency. I like this condition, ita make me happy and has pashion  to buy and hold.

 
Bitcoin's stability really matters especially to the investors. The stability the price the better. As of now Bitcoin's stability is shakey. Causing some of the investors to panic that anytime it might drop to its lowest price. But there are positive things it's ups and downs status to others. Here we learn how to hold and buy coins.

[Bumblecoin]

I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion.?

Volatility of the value of bitcoin is also important  since there can be lots of investors. However, its stability is also important when it is used in payment of  bills and other transactions that need fix amount of the currency. If the value is stable, then uncertainties will be vanished. But I think the fluctuations of the crypto currency is unavoidable. It just depend on its demand.

[iliev41]

I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion.?

Volatility of the value of bitcoin is also important  since there can be lots of investors. However, its stability is also important when it is used in payment of  bills and other transactions that need fix amount of the currency. If the value is stable, then uncertainties will be vanished. But I think the fluctuations of the crypto currency is unavoidable. It just depend on its demand.

Coins like Bitcoin and Ethereum and highly volatile. On any given day, it is common to see an increase to 10-20% or even a decrease. That makes using most cryptocurrencies for daily transactions inconvenient.

[linshisui38]

The volatility of bitcoin will give it more speculators, and if bitcoin is stable it could well become the world's currency. So the stability of bitcoin is important, but at least five to 10 years from now.

[Trimegistus]

With this level of volatility, BTC will never be able to replace fiat in any major application.

And that is exactly the point; BTC was created as an alternative not exactly as a replacement.

In order for BTC to behave like fiat, it has to be heavily regulated like fiat is. Do we want that? I don't think so...

[maianh09]

People are always thinking of stability, but it's about stability. They hoped it go up and never go down. This was so funny. The market needs instability and instability is the best way to make you profitable. Uncertainty is something that many experienced investors desire.