Why is bitcoin stability important?

[Edraket31]

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.

I also think of that, just like now we can see that there is already rivalry in the coins but we can conclude as well that they cannot over take or go beyond what bitcoin has become and it is so much great since it just proves that bitcoin really the mother of crypto no matter what happens.

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[bitcoinsocial09]

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 does not matter. Because of bitcoin volatilty ther's a lot of investors are involved and invests here. Having a bitcoin that unstabled on its price is its uniqueness to the other currencies. Why there's a lot of investors here just because of the price of bitcoin which changed depwnd on the investors, traders and etc. are involved.

[Gandam23]

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 doesn't have the stability at all because it can goes down anytime, worst if it make a one mistake it will be forgotten at all or it may not be erased but people will not trust bitcoin anymore. But for those investors, stability of bitcoin is really important to see whether is it a good investment or not.

[ashahin7799]

Bitcoin stability is important. Because, on the stability, many important things of bitcoin depend on.If the price of bitcoin increases and decreases all the time then investors are having trouble investing.Investors fail to choose the right time.Investors can invest in the right time if bitcoin prices are stable.

[BUK2016]

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. 

[kucing69]

It is very important.
Because of the relative price of the bitcoin can determine the price of other coins, because usually when bitcoin down then the price of other coins would come into down. However, when the price of the bitcoin back up and stable a few coins remained down. Sometimes it makes the traders big loss

[South Park]

I love to see bitcoin being stable to be honest, because it makes me feel confortable.

I have some money on bitcoin, and sometimes, it is good to see that it is pretty stable and it is not moving down or up.

Even if bitcoin was a very stable coin it will still need to move because governments around the world are still printing their fiat as if there are no bad consequences of doing that, governments lie with their statistics about inflation saying that is close to 3% but many people speculate that the real inflation is about 10% so bitcoin will need to move at least that much every year even if it was stable.

[satecream]

when bitcoin price are going stabilze the it can be good thing to people who use it because it can provide many payment to any store or company neither anything too and can being implement in another application for daily need

[fredo123]

Stability has something to do with the word TRUST, People nowadays see the potentially good source of income, No doubt many sprouting millionaires are product of bitcoin, The stability of its value will drive investor to dig in it and took advantage on how it works in our daily routine since bitcoin are still young in real world and there are a lot of opportunities coming in cryptoworld:)

[MiukoOk]

I do not think the stability of BTC is important. BTC price fluctuations so new to create the market as attractive as Crypto today. Many people come to the Crypto market just for profit, they just hope that the BTC is highly volatile. They patiently hold and take the opportunity to sell them when prices rise.

[paul gatt]

The stability of bitcoin is very important. Because it helps investors understand their direction. Stable bitcoin pricing will attract many participants. Bitcoin stabilization is a good sign for the acceptability of bitcoin in some countries.

[genocide]

Bitcoin stability is important because it is an indicator that it is trusted and making well in the market. It is also one way of promoting the product and boost the confidence of the investors to invest because of its stability. A good investor study the trending and how the product is, in the market.

[missmaria]

In my opinion that really matters what big players think about crypto; actually stability represent maturity.

[b3j0]

when bitcoin prices are stable then investor interest in bitcoin will be greater. but it is very difficult to happen, currently the price of bitcoin is far from stable.

[Dancobit]

In many countries the presence of digital currencies such as Bitcoin still invites pro or contra debate. Part of the bitcoin counter is a threat to conventional money and closely related to monetary. For some who pro think Bitcoin is tantamount to the common currency because it has value and the same function. Now it is just how we prepare for the future that we remain in control of a technology product. All clear for one purpose that is to maintain the stability of the financial system.

[Juliedarwin]

In one community you need to have stability to performed as one team. Bitcoin stability is one of the best asset in a way to promoting in a social communities. Specially to promote it in the market.

[TiffanyLien23]

As we can see nowadays, the current situation is really needed for price stability thats why most of the people are very worried about their investment to plunge deeper. This is very risky where there is no benchmark for the lowest price and free to fall rapidly indefinitely and rises indefinitely at risk of decline that will occur. As example of what happened at the end of 2017, stability plays an important role and will attract many investors to invest in bitcoin many positive effects will occur when bitcoin has a price stability. So if we have tokens or bitcoin, we must have to hold it until the price is high or we must have to be accurate about the status price of the coins we are holding.

[darkedelf]

It is important the stability is in good condition though it has a fluctuation but slowly what i mean is if there is no balance at all the buyers or the investors will be hesitating to buy though there are some of them will buy for sure but for more stability helps

[Xising]

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 its importance lies on the fact that many people don't embrace the cryptocurrency market because they can't take the risks that come with it. Therefore, if it will move to be more stable, then more people would certainly change their minds and invest or support it, that in turn, would help it be more accepted globally and proper it to greater heights not only in value, but also, in terms of its potential as a currency and trade and investment medium and its overall market-ability.

[imapd]

I personally believe, that volativeness of bitcoin is a great thing for traders to trade, buy low, sell high, stability is opposite.