Why is bitcoin stability important?

[gwapo.zylle]

Bitcoin stability is important because it is a way to know if how much the value of bitcoin, if it is really in the high percentage or not. Bitcoin is not totally or can be stable because it is well known to be flactuated. As of the we need to consider the graph if it is down or in higher range that could be our guide.

[wewe123]

The stability of bitcoin is important cause this the point in which the costumer, investor and other people would have trust in bitcoin , so if one thing is stable it will draw and attract more patrons that make bitcoin more popular than ever.

[hualangktsld841]

At this stage, the world of cryptography is still developing early, and the instability of the price of bitcoin is a feature that this early market should have. If the price of bitcoin is very stable every day, the encryption community is already very mature. Maybe a lot of industries and bitcoins have been combined closely.

[michellee]

it is difficult for bitcoin to get stable because the price will always volatile for a long time and if we want to use bitcoin as a new currency, then the price should get stable in one range of the price so the government can think that bitcoin is safe to be used as the next generation of the fiat. I think it is good if the price always changes like this because we can buy when the price is down and sell when the price is up so we can increase the money that we invest in bitcoin.

[kenziefried]

Of course we need stability for bitcoin. If bitcoin will become stable, more people will invest on it. Volatility only means it can be manipulated by a large entity so it is not nearly beneficial to people who dont have that much. Also, if we want bitcoin to act as a currency not merely an asset then it needs to have stability

We have experienced the volatility of bitcoin price which is not good for its success because many people do not invest their money in it due to instability. Therefore stability is very important for bitcoin success. If we want all the people to use bitcoin as their regular currency they its price should be stable.

[Spaffin]

The stability for crypto currency, and especially for bitcoin, is very important. Big volatility of bitcoin can become one of the possible reasons for its depreciation. If bitcoin rises to large price values, then a large amplitude of its fluctuations in price can cause panic, which can lead to a very sharp drop and depreciation.
In addition, the stability of bitcoin is also very important for its implementation in our lives, since it is the stable crypto currency that can later replace paper money.

[Etoasiatsxxx]

For me bitcoin stability is important because in this you can watch what will happen in bitcoin. If the price is high or low and to know what is happening to your money or profit, if it grow or not. That's why bitcoin stability is important.

[Bustart]

it is difficult for bitcoin to get stable because the price will always volatile for a long time and if we want to use bitcoin as a new currency, then the price should get stable in one range of the price so the government can think that bitcoin is safe to be used as the next generation of the fiat. I think it is good if the price always changes like this because we can buy when the price is down and sell when the price is up so we can increase the money that we invest in bitcoin.

We all need security not only in our personal lives, but also in terms of transactions, investment, savings, trading, and almost in all forms and walks of life. Its stability is significant to determining the level of security and transparency. When it becomes stable, it will convince and open doors for more people to participate and it will give us the peace of mind and lessen panic and tension.

[rhenz01]

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.?

It is very important because attracts many invetors to invest in bitcoin.

[ricardobs]

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.?

Well, we can say it can create a high level of uncertainty most times in the market and that is how we are just going to have to deal with it. However, I would not consider that inhibiting investment as those who still want to invest anyway will still be able to use the instability or volatility to their advantage most of the time. Also, we can say this hampers the growth of altcoin, but not on a huge scale as some altcoins have grown a lot even with all the bitcoin instability.

[Kikir leutik]

Bitcoin users sometimes ignore this fact too soon because people are too quick to call it flawed, but this is not fair. There is no ideal system for all users and Bitcoin has a broader quality spectrum than most monetary instruments. If the bitcoin community does not want to show some things it would be better done by another system then it becomes easy to make an argument about straw: If we admit that bitcoin can be used as floor wax and dessert toppings, someone will always show that it is not the best floor wax or dessert topping best.

[tikosewad3869]

yes, by all means! stability is very important. the value of a coin is calculated based on its stability, the stability that determines the price will rise or fall. if bitcoin price is stable, then alt price will follow bitcoin price trend. after all, bitcoin stability is very important for the current situation.

[Trimegistus]

Stability might bring more investors into the game.

Right now a lot of people are looking at BTC with a well justified suspicion because it might crash at any time.

Yes, I know, this is what decentralized and unregulated mean.

But still, a minimum amount of stability would create the conditions for a new wave of investors and that would increase volume and price.

Stability would also increase credibility, because BTC is still seen by many as a pure speculative game run by shady people...

[Tigorss]

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.?

because pricing is there, when the bitcoin price is stable there will be no problem if we invest there, but if the price is really unstable whether it is down or up, many investors will lose if it goes down, otherwise the big advantage if it is the price rises

[lubot sa yawa]

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.?

Price of bitcoin stability is very important because many department store are starting to accept bitcoin as payments so it need to be stable to compensate the price in Fiat money.

[cryptoalfs76]

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.?

Bitcoins stability is very important because there,we have self confidence that our capital or investment is secured and nothing to worry,while at the same time we can define that the market is maintaining its stability form even though many struggles they encounter in the crypto world,they always creating a solution to recover the bitcoin dump even the market turn to red,they always have a best solution to make it positive in the market.

[dupee419]

Bitcoin stability is important, because stability is the key for the future of bitcoin, if it continues like this the future of bitcoin and its potential is at risk, people would start to switch from other altcurrencies or worse is that people would be more likely to leave and continue doing the traditional way, which is leave bitcoin and everything and start working to earn real money instead of digital currency.

[Palmerson]

Bitcoin stability is important, because stability is the key for the future of bitcoin, if it continues like this the future of bitcoin and its potential is at risk, people would start to switch from other altcurrencies or worse is that people would be more likely to leave and continue doing the traditional way, which is leave bitcoin and everything and start working to earn real money instead of digital currency.

Everyone now has the opportunity to earn Fiat. This same no one not prohibits. But a lot of people paid attention to cryptocurrency. I even know of people who made income in the cryptocurrency as its main source of income. Therefore, the stability of the course is not an indicator. Volatility attracts a lot of people.

[hitrawal91]

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's stability is more important in nowadays because every investor and traders like to trade the instruments which are really stable in price and trendwise and bitcoin is one of them. Bitcoin stability is needed because it is the major crypto coin which is followed by all the other altcoins both trend and price wise. The stability of bitcoin moves the market and psychology in every trader's mind and every pro trader would like to reviews the stability of bitcoin before taking any big investment decision.

[googs84]

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 it different way. I mean there is no need to have the stability for the bitcoin in first place as it will disturb the working principle of bitcoin and all the crypto currencies. The whole unstable nature is all because of the decentralisation and there will be no time in the future when things gonna be stable for the bitcoin. And it should be that way only.

Reason: Instability of bitcoin is nothing but its fluctuations which keep it up and down and gives rise to the wavy patterns that we see everyday. If thats there then we can buy at low entry points and earn some bucks whenever the prices starts climbing upwards. Thats the beauty of unstable bitcoin. Also, the more decentral it remains the more people will be able to invest "freely" into it unlike the golds and stuff with regulations watching your ass all the time!