Why is bitcoin stability important?

[ulia93]

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.

Yes, stability for bitcoin is important, but it is really difficult to achieve this. And if the prices for bitcoin become stable sometime, without sharp leaps, then traders who earn money by trading will not be able to receive super profits, as now. But this will benefit investors who want to find a stable instrument for safe investment, analogous to gold.

[JRoa]

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 simple to build more trust to the people who are using bitcoin. If the stability of the bitcoin is good, then people will not have a doubt about bitcoin because they know that bitcoin can overcome all of its challenges and obstacles.

[WakinXXX]

Stability of bitcoin can attract investors and businessmen because stability is the first characteristics which they will look for before investing in crypto The bitcoin - the king of crypto, and, undoubtedly, is stability because bitcoin - the best of them. We can rely on bitcoin that it could remain and grow in the market.

[julius caesar]

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 you cant push this currency to be stable if that was the nature of this forum, I guess we should pray more about the lesser dumps of the Bitcoin which makes people dormant because they lose the hope that Bitcoin is a very functional currency to be widespread and be used by the people for them also to earn I guess, volatility contributes a lot also to make this expensive if there was no volatility Bitcoin will remain as payment in pizzas.

[Brangos99]

True, the stability for bitcoin is important, nowadays, bitcoin has become one of the investment options for many investors. This is because, high bitcoin prices are a major attraction for many investors because bitcoin can provide significant benefits, so bitcoin stability is essential.

[cahbagus555]

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.?

Its almost impossible to make bitcoin price movement become stable. Its happen because bitcoin not controlled by any authorities and its should be like that because bitcoin is decentralized. Stablity happen when bitcoin controlled by government or any institution but we must dont like that.

[Rizky Aditya]

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

I don’t really think so that the ones who have invested their money into the bitcoin will be happy to see the stable nature of the bitcoin. If there comes a time when we see the stable market value of the bitcoin and no further rise in it, then most of the people will stop investing their money into it just like the case of the gold and that they will look for some other investment which can help them in earning money.

[jovs]

Bitcoin stability in terms of its price may cause good fortune to altcoins because most of them depends their price on bitcoin yet the volatility is a good component of bitcoin which could indicates development and progress on investments and trading. It is a neutral form of having a good stable price yet it could disregard the possibilities of bitcoin to develop and to be a part of investments and trading which could give people a chance to earn and to gain profit for the future.

[merkuriya]

If the prices are not stable, it would not succeed as a payment option especially among small merchants. Because it brings uncertainty to their revenue and they do not want this.

[wraithdot]

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. 

Indeed we all wish the price stability and it is very important to us,this is a good way to promote the maturity of a bitcoin,since bitcoin is volatile there will be more users atracted on its awesome benefits because of its astrnomical value.

Definitely right after I recognize the name bitcoin it is supposed to be a few questions regarding bitcoin on there stability but because some people are really trusted on it, they're gonna invest more money in bitcoin just  to double there profits and having a benefits also.

[bitkanu]

If the prices are not stable, it would not succeed as a payment option especially among small merchants. Because it brings uncertainty to their revenue and they do not want this.

There's already exist a payment gateway to solve this problem, where when you send some amount of btc to the merchant's payment gateway wallet, your bitcoin will automatically be converted to USD by the payment gateway platform and the merchant directly receive the money in the form of dollars, this problem is not relevant anymore.

[GamingBro]

Stablility is important for every currency to gain more trust and for crypto especialy demand. With demand price would be even more higher and because of system based on demand ans supply.

[hessanseen]

I think that in the early stage of encryption development, it is normal to have strong vibration. With the market more mature, bitcoin will be more stable, and only bitcoin stabilizes other altcoin to be more stable, which will help more project search and encryption cooperation.

[fasdorcas]

Bitcoin stability is very important because if the volatility is very big stores cannot accept bitcoin as a payment method since they would lose a lot of money at the end when they exchange that bitcoin into cash. Of course they could use an intermediary company to directly exchange their bitcoin to cash this would lead to big fees and less
people are going to use it.

You're right, As a known crypto or digital currency the process of each payment and investments has its own priority on what to do with it. The bitcoin to cash exchange is also use in different store that accepted bitcoin.

Digital market specifically bitcoin is famous for its volatile nature. These fluctuations allow investors to become rich while the amount of investment was never as big as the profits earned. I mean to say, same amount if invested in Ethereum won’t yield high profits like bitcoin. Stability will absolutely spoil the chance of becoming a millionaire by spending few grand. Besides, the market is still young.

[Sled]

Bitcoin stability is very important because if the volatility is very big stores cannot accept bitcoin as a payment method since they would lose a lot of money at the end when they exchange that bitcoin into cash. Of course they could use an intermediary company to directly exchange their bitcoin to cash this would lead to big fees and less
people are going to use it.

You're right, As a known crypto or digital currency the process of each payment and investments has its own priority on what to do with it. The bitcoin to cash exchange is also use in different store that accepted bitcoin.

Digital market specifically bitcoin is famous for its volatile nature. These fluctuations allow investors to become rich while the amount of investment was never as big as the profits earned. I mean to say, same amount if invested in Ethereum won’t yield high profits like bitcoin. Stability will absolutely spoil the chance of becoming a millionaire by spending few grand. Besides, the market is still young.

That is the advantage for the investors that they can take because the market is still young and the stability of the market is not that obvious or occurring because there is a lot of events that can happen to bitcoin like it can dump or pump the bitcoin so while it is young, we should get into and we can just enjoy the benefits of it once it became a mature market.

[rabs]

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 need for the crypto market still crypto market is not able to survive without Bitcoin.Bitcoin is leader in crypto market and many coins based on Bitcoin platform.Other coins like Ether and its market need more home work to reach Bitcoin and survive without Bitcoin.

[Freddie Aguiluz]

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.?

If bitcoin will be stabilized, it will be the end of the investors of bitcoin. Because of its volatility it is used to invest money with a greater value.

[jonikris]

because the bitcoin price stability is very influential on other coin coins so we really need the stability of the price so that the price of other coin coins follow a stable

[Predator25]

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 is better to have rivalry between coins because this is where you can see where is much better to invest. If there is only one coin and most use by people I think it will not really cycle the coin unlike when it has a rival it can increase its ability against on its rival. Also the trust of people, when bitcoin is the only coin that people know, just one mistake of bitcoin all people will distrust bitcoin because they will say it is not trustworthy anymore.

[CaptainKid]

I agree that the change in the price of bitcoin is followed by a change in the price of altcoyins. But how can we influence this? we can only manage our own number of coins, which we have.