Why is bitcoin stability important?

[carlisle1]

I agree with you. Currencies’ stability in price really matters a lot wether it is volatile type of investment or not. Other people who did not accept or invest in crypto realizes the great volatility of crypto-investments. It can be a real asset alter on if Btc will ever experience this stability. 

Stability wasnt the reason why people are attracted into crypto because this is against the volatility which is the attraction of being here..if price become stable this community will collapse since the market relies on the changes of the value..being volatile is what my reason here.and this will be the same reason why many will come here because of this

[Jambolb2]

Yes, bitcoin stability is important because it is the main base if its stable or not , example the status of bitcoin..

Stability is very important for almost everything, because it is the main thing for success. If the price of bitcoin remains stable more and more people will invest in it and the market value of bitcoin will increase. Thus it will take less time to cover the whole currency market of the world and we will enjoy cashless world.

[usekevin]

Always. But now a days Bitcoin is not stable one.On a consecutive days, we use to found both dip and pump in the price of bitcoin.If the price of bitcoin is stable, surely it will reflect in the price of altcoin. For this reason people want to see the stable raise in the price of bitcoin. Many had become day trader, this is the cause of loss in stability now.

[otto2012]

If the price of bitcoin was stable, it would not have become such a popular and fast-developing project) So it even plays into his hands.

[clarky]

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. This trend suggests that there will be a process of raising the level of education of new users of digital currencies, and more and more people will be able to understand the benefits of using blockchain technology for payments at minimal cost. There will be less speculative sales of bitcoins by traders, as mature and related derivatives will simplify shorting. Cryptocurrencies are in any case a very unstable and speculative tool. Expect them to move like us stock indices is not worth it.

[tambok]

Let us think of this if we will have a stable market then many investors will not go to trading as buy and sell will give them a small profit. So, for me unstable market is one way to make profit for all who wants to do trading.

[beerlover]

The market stability is very important so as to enable new investors plan and also get reliability of the markets trends for their investment; minimizing the high risk of previously unstable market. The altcoins investors too will get a better value for their money with respect to time as the markets buildup gradually.

It is a market as we have already been calling it and I do not see how this should be a problem since it is just a normal thing for every market even though bitcoin seems to be a little bit complex and different. It is a decentralized environment and it has been running like this for a while and that has not in any way inhibited the growth of any alt, investment, and so on.

We may say, it affects altcoin, but they still always have their period once in a while. It is just market, and all these are bound to happen all the time.

[knight20]

Bitcoin stability is very important. Why?
Because if its value will be stable at a lower price it may cause a big trouble or conflict to many investors to invest in other altcoin because of its lower stable price. But if its value is in a higher price and it is also stable more investors will invest because of its value.

[sampalokmix]

I don't think that we need stable bitcoin price. We need stable tokens associated with it and that will be enough. BTC USD value should fluctuate and I don't expect it to slow down anytime soon.

 I think he mean stability of the higher price and lesser to the point that our saving will be lower because of unexpected dumps. I think this will help us to regain the loss that we have been through and the exchange of payment will be more fair than when it dumps wait until it raise so we can have profit, but yes the volatility of the price makes it more popular and increasing.

[saifanik]

Volatality is the main feature of cryptocurrenvy.All the investors are not same quality that means some one wants immediate feedback,someone who wants long term slow profit.So for the new users till a level of business btc should stable.

[supercanada1]

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.

Bitcoin stability at the present moment will actually hurt investors and the whole digital market. An asset can afford to become stable once it has a huge number of supporters. Besides, it takes many years before anything becomes stable. Bitcoin is going through its infancy. It has a long way to go. At the present moment, it is impossible to see bitcoin getting stuck at some low value.

[dogandogru]

Bitcoin stability is very important especially when it is to be used for conducting transactions. The transactions could be settled easily only when there is price stability. Also, when the price is stable it becomes relatively easy for traders or investors to make predictions or speculate the Bitcoin value and earn profits.

[JackdunR]

If the BTC is stable it will probably become the common currency of the whole world. But in my opinion BTC can not be a common currency because they are never stable. BTC prices depend on many factors, they are very sensitive so prices fluctuate frequently. And because of this sensitivity, BTC is attractive to many venture capitalists in the market.

[ningrum]

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 stability is an obstacle, but if there is no shaky little about the price of coin then all also sometimes do not run, so all of them yes there must be ups and downs or unstable.

[richardsNY]

If the price of bitcoin was stable, it would not have become such a popular and fast-developing project)

The funny thing is that Bitcoin can't seem to do anything right. If people talk about Bitcoin as currency, then the volatility is very often pointed at as being the main reason it won't function as currency, which admittedly has some level of truth to it. In easy terms, stability is needed to stimulate usage as currency. If we look at what makes this market so interesting for traders and investors, then it obviously is the volatility. But that volatility prevents it from being what people apparently want it to be, a currency, while on the other hand, people also want the market to remain volatile. Seriously, what is it that people want from Bitcoin? People can't blatantly keep blaming Bitcoin for not being a currency as how it was intended, while they also like the volatility this market offers -- it's called hypocrisy....

[karanggatak]

Everyone would want a stable bitcoin because there will be many more people interested in investing in bitcoin and using it for daily transactions, whereas if the price of fluctuating bitcoin will only be used by speculators and it obscures the bitcoin nature that is as revolutionary in the economic field.

[michellee]

Everyone would want a stable bitcoin because there will be many more people interested in investing in bitcoin and using it for daily transactions, whereas if the price of fluctuating bitcoin will only be used by speculators and it obscures the bitcoin nature that is as revolutionary in the economic field.

but if the bitcoin price is stable, then I can imagine what will go on with the altcoin because all altcoin is adjusted their price from bitcoin. and if bitcoin is not moving higher or lower, then the altcoin will get stuck at one price without having a chance to reach the highest price. maybe we need to have a second place for the adjusting the price for the altcoin, so bitcoin price is stable but meanwhile, there will be another coin that is only for adjusting the price for the other coins.

[dynospytan]

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 instead of promoting the stability of bitcoin, why encourage those people who holds bitcoin to not to dump their bitcoin. Bitcoin is stabilized  ever since that it was created so there is no reason for us to promote it. Besides, even we promote that we it will not change what is happening. The best way to decrease the inflation is to encourage people. We are the reason why bitcoin price is falling that's why in order for us to get back bitcoin on its high peak we should be united.

[saffira]

I 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.

[eaglewhite80]

Stability is a function of volume. The US dollar barely moves 2% from day to day because there are several trillions of dollars traded every day, so it's hard for any one player to pump or dump it. So it moves based on fundamentals (the outlook for the US economy) instead.

Bitcoin is still very small - it's market cap is smaller than Apple's, so it's easier for whales to move the price, especially as the trading volume is only about 1/50th of bitcoin's market cap.

I guess that is what most people are not really understanding yet. We are still in a very early state and we cannot expect the volatility to not be like this, most especially for a decentralized environment. A lot of people keep complaining about how volatile the market is without understanding it is that volatility that actually makes some investors to want to pull in to take advantage of the fluctuations.

However, some of these things will change overtime, if we indeed start seeing real life usage with a great level of adoption but until then, we just have to get used to it. Also, based on what the OP said, I do not see how this inhibits the development or growth of altcoins as a whole lot of alts have grown since their inception and still growing.