Why is bitcoin stability important?

[tothanhtuan]

Most of us are holding on to something that hasn't popped yet or dropped in price and we're waiting for some price action. I see a lot of posts which seem to show dissapointment in a project and encourage negative comments, which then leads to tit for tat comments. If your not happy with how a project you're invested in is doing atm, think about your post wouldn't it be better to post comments that attract constructive discussion and feedback from the community

[Trimegistus]

The OP kinda said it all. But why do we aim for a more stable currency? Well out main goal is for everyone to use crypto currency in exchange for goods and services atound the world. Where no one controls it and still decentralized. A stable price makes adoption possible. A stable price means a definite price for goods and services so investors can use crypto currency as payment.

People who interested in using BTC as substitute currency will support stability as a foundation for a new system.

The ones looking to make a quick profit will want volatility because that is how they can gain.

Hence the question; what is the purpose of the whole crypto system?

Speculation and quick profit, or a new an viable currency system?

[tesla80]

Altcoins are tied to bitcoin and if bitcoin drops, alts are dropping, if bitcoin goes up, alts are dropping. If bitcoin is stable, alts start pumping.

[Uno17]

It is very important because its stability is the life. When it is not stable it means the price of the bitcoin is down and the market performance is weak. Therefore we badly need to maintain its stability inorder to support the life of the bitcoin to lasts and soar high as everyone is wishing and waiting.

[yurenchuang7125]

The stability of bitcoin is important to convince many investors that investors will become more confused about whether to invest or sell.

And stability is essential for bitcoin to become a universal currency.

[DevilSlayer]

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.?

Investors can get trust more the bitcoin if they saw that the stability of the bitcoin is good. They will attract more to make investment because they know that the bitcoin will not easily lose its value.

[tiggytomb]

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.?

While a stable price would be beneficial to a lot of people there are also a ton of people that came into bitcoin because of the huge rises that can happen.

[Flomo]

I think it is a risk experienced in crypto and that is one of the shortcomings of the digital currency.

[chickenfried12]

Because in order to be economically strong, it is necessary to remain stable to protect its price policy to protect its investors and to find its true value even though it is lost from time to time. Altogether, Bitcoin is not concerned with the monetary policy but the high amount of Bitcoin in the hands of big whales will protect this stabilization.

[Pendularin]

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.?

The Bitcoin stability is very important in that it can help potential investors come into the market and definitely stay. This is already happening and prominent people trading in the traditional stock markets are making a migration into the Cryptocurrency exchange markets too.

It is important just to maintain the growing of our money.We would like to be more higher the stability of price just to continue catch up the eyes of users that would like to invest on bitcoin because more investor the bigger demand and supply,in which the price will increase in higher rate.

[Vaniaevergarden]

I definetely can agree with you. Bitcoin must be stable to avoid the risk of losing money on investment. Once the value is stable, it can be consider as currency. It is really its volatility I think that make it risky. It is the most valuable coin so its stability must be maintained.

[pelipurlara]

Bitcoin stability is very important as it has influence of encouraging more adoption like retail companies and institutions to start accepting bitcoin and thereby increasing its value. 

As you say stability also affects market prices. Because stability is very important for the development of bitcoin itself. Not just bitcoin but every coin will definitely keep its stability, the goal is to survive in the competition, and earn confidence

[SkustaClee]

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.?

Cryptocurrency investment is risky due to its volatility. Investors are prefer to make investment with bitcoins because they know that the bitcoin has good stability. Bitcoin is still the strongest and most popular cryptocurrency due to its value that continuing to increase.

[cmacwiz]

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 has gained a lot of popularity among the people since it has started and in its journey it has gained a lot of users throughout the world also it has gained a lot of trust among the people. But bitcoin is an unstable form of currency and it is because bitcoin is not governed by any government or bank because of which its value fluctuate a lot   

[BitcoinPaw]

When price is stable, more people want to invest their money and it's causing price increasing. At my opinion most of bitcoin users scared of investment beause of volatile price.

[King Sastro]

If the bitcoin price is stable it will make investors quieter so do not hesitate to put all their money, but if bitcoin price is not stable as it is today then it is difficult to make the user calm so that at any time always hesitate to put the money.

[almersyn]

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.?

bad news about bitcoin is proven to affect bitcoin due to adverse conditions that occur investors will withdraw funds in the form of bitcoin or other altcoin thus making bitcoin prices fall. This is indeed very detrimental

[petrobit]

The stability of bitcoin can attract a large number of institutional investors. This can dramatically change the crypto market. It's good or bad is only time will tell.

[DjTremor]

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 has gained a lot of popularity among the people since it has started and in its journey it has gained a lot of users throughout the world also it has gained a lot of trust among the people. But bitcoin is an unstable form of currency and it is because bitcoin is not governed by any government or bank because of which its value fluctuate a lot   

Popularity is not the most significant thing. The general vision is more important for bitcoin, this makes the stability of the price and structure of bitcoin. Stability is getting increased with time, eventually. This is positive for btc.

[BitcoinMarketer39]

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.?

Actually, advertisement is a really big help to the ico on promoting their tokens because most of the coins do really need a very good background in order to get a huge amount of investors just like other business.