Why is bitcoin stability important?

[naily]

Because it's stability will cause the stability of other coins and point out the maturity of crypto currencies as well.

Because many players do not dare to buy altcoin when bitcoin prices are not stable, so in my opinion bitcoin price stability is very important to be used as a benchmark or as a center of price movement of other altcoin

[miltonpogi]

For me Bitcoin stability is very important , because there are many other coin that depends on the Bitcoin price that when bitcoin decrease other coins will follow too and if it increase other coins will do aswell, that why investors of other coin always check if the bitcoin is fluctuating normally or not, because there are many negative scenario that may happen if they don't pay attention with this.

[Sofiyah]

it is true, the unstable bitcoin price is greatly affect the price of others altcoin , sometimes also greatly lower the price of others altcoin because the altcoin price refers to the price of bitcoin. not just promoting, we also have to buy bitcoin to increase the price again, so bitcoin can raise other altcoin prices.

[tambok]

it is true, the unstable bitcoin price is greatly affect the price of others altcoin , sometimes also greatly lower the price of others altcoin because the altcoin price refers to the price of bitcoin. not just promoting, we also have to buy bitcoin to increase the price again, so bitcoin can raise other altcoin prices.

If people does not see any stability in bitcoin, then, I don't think that bitcoin will still exist as of the moment, for sure people sees it during those times that was just starting and now the result is what we are all benefiting until now. Good things start from believing it.

[Starscream]

Firstly, bitcoin is a digital money, it can be used for payments, so if somebody holding btc, why won't he use his asset to settle financial matters?

[tylerderden]

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.?

Yes I do believe that bitcoin stability is important and it should exist because firstly bitcoin is and and stable form of currency because of which its value fluctuate a lot because of which its prices go up and down very frequently . Then bitcoin is also not regulated by any government or bank which further leads to increase in instability of the currency. I think bitcoin should be stable Which will lead to increase in popularity and uses of bitcoin throughout the world and then people will also develop a trust in bitcoin.

[zhagedus]

The prime purpose for bitcoin stability is that; once the price of Bitcoin is stable there will be a move by investor or big whales to make it a globally accepted cryptocurrency but if not stable it can't be use as a global currency for life..

[trako]

because it is affecting the whole market in general terms. If the price of bitcoin drops, it will all work in paralysis. If the bitcoin is stable, the other currencies will be further processed. which affects the market volume of the market.

[Williams_Leo]

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 stability of Bitcoin is very important to investors because now the currencies on the exchange are low stability and easy to cause fluctuations in which Bitcoin is the currency that has a lot of influence. Bitcoin is now the king of virtual currency and will continue to be in the future.

[TN0904950]

The stability of Bitcoin value is important because it will increase the confidence in the market as well as increase the usage in daily life and increase the entry of money into the stock market.

I think on the other hand is certainly beneficial for people who want to invest in bitcoin. it is certain how we will give perceptions on bitcoin whether for means of transaction or investment.
on the one hand it is bitcoin stability is very important because I think the role of bitcoin as a way of doing transaction must be balanced with the price stability possessed by bitcoin.

[TTITA]

Fluctuations are the things that should happen in an investment, because we need it to see and calculated how that market goes on.
If the stability of Bitcoin value is required, it has become such as other digital currencies such as paypal, e-gold, etc. They has price that affected by $ affect but the thing that is made interesting about crypto, it has differently value that not affected by others.

[kodtycoon]

Stable is very important for the crypto market so there is no concern for investors. But keeping the stability of the crypto market to me is very difficult, as many worry and panic when the market falls, give full confidence to the crypto market to keep at least some stability in the crypto market.

[futuret]

If in real life investors insure themselves with deposits in gold, then in virtual life they invest in bitcoins. By today, the activity of the constant use of the cryptocurrency has progressed greatly. It is impossible for the large investors to invest their money in something that isn't stable

Bitcoin is good in both situations and advantageous for people in both cases. In unstable situations Bitcoin gives opportunities to those who can not afford Bitcoin at high rates so with the decrease in Bitcoin value they find it easy to invest and afford at low price. On the other hand Bitcoin stable price provides opportunity for investors to think and take their decisions to go for investment in it.

[jeluhtajem]

We all know the cryptocurrency market varies considerably. Greater stability would have a positive impact on the acceptance of bitcoins as payments in stores, which due to large price fluctuations have a problem with this. A more stable bitcoin would have a positive effect on altcoin prices. Stability is a sign of the market maturing.

[robotrobert]

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 agree with you, bitcoin should be stable because it will affect the price of the altcoin. I think when bitcoin can not be mined anymore, then bitcoin price will be stable. If bitcoin price can not be stable, we can still make money from bitcoin because this is the cryptocurrency market, a new market, it is different from forex.

Bitcoin stability will make assure those who can not handle the unstable market however the product from unstable market is more than that from stable market but this stability will bring the attention and trust towards Bitcoin. The value these days is stable between 8.9 thousand dollar and 9.3 thousand dollar that encouraged the investors and those who are not part of it but due to this many new investors are coming to the market.

[Panpan66L]

For me actually a stabble price will harm a trading process, so we would get less profit from it... Violate price is the key to trade

[tailwate07]

Because many people are concerned about this, because they equate bitcoin with fiat whereas when compared with fiat it is very much different, bitcoin stability is much in want but it will be difficult because bitcoin no one set it, while that is excess bitcoin than fiat, so if you want to stable in my opinion will be hard.

If bitcoin will be stable then our chance to earn bigger profits will be limited too since we gain more because of its volatility. Bitcoin stability will also be hard to happen since it is decentralized unless the government will legalized it in all countries. Well, that would be a lot of hard work before that will happen.

I don’t think so that this idea of the bitcoin stability will be liked by the ones who have and who are investing their money into it because of the reason that they have only managed to make good earning due to the fluctuating nature of the bitcoin and that they are very much happy because of it. The stability in the market value of bitcoin will result in lesser number of investors investing in bitcoin just like gold.

[Hareehs]

Yes your right.  Bitcoin stability is definitely important because that will be the important aspect of
Bitcoin. And that is related to the stability of the transaction validity rules, the consensus protocol, mining pools, and the peer-to-peer layer.

And also the most important feature of a currency is that it be a stable store of value. And a stable currency value is the key to investment because those who invest are expecting a stream of future earnings to earn back their investment plus some profit. So that's why bitcoin stability is really important.

[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.?

to keep prices and inflation, if unstable inflation will arise resulting in bitcoin prices will fall drastically.

[ghost424]

Price stability or Value stability is important because it can affect the ratings of different cryptoccurencies including Bitcoin. Bitcoin has become a basis of other Crypto's in this industry and has played a huge role of setting a standard for other crypto's that plans to get launched.