Why is bitcoin stability important?

[yoseph]

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.?

For me, the stability of bitcoin is very important because there is a loy of people who are using bitcoin because it is their main source of income, high value of bitcoin is very important to the users.

Stability is very essential if Bitcoins ever wants to stop being volatile and that whole thing depends on the investors because if they are able to disregard FUD and keep on holding their bitcoins then we will be on the verge of Bitcoins stability.

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[owlman]

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.?

For me, the stability of bitcoin is very important because there is a loy of people who are using bitcoin because it is their main source of income, high value of bitcoin is very important to the users.

Stability is very essential if Bitcoins ever wants to stop being volatile and that whole thing depends on the investors because if they are able to disregard FUD and keep on holding their bitcoins then we will be on the verge of Bitcoins stability.

It seems to me that this can not be achieved. Because the opinion, interests and needs of each person are different, and all can not act in the same way with respect to some crypto currency, in this case bitcoins.

[beami]

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, of course, Bitcoin stability is very important. Because if Bitcoin can be more stable it will be many countries that recognize and legalize Bitcoin. Surely this will be great for the development of the world of crypto in the future. If Bitcoin can be more stable it is definitely very suitable if used as a currency.

[nerlial]

People do not use Bitcoin as a currency. People do not pay Bitcoin, because it's not profitable. Better I'll hold Bitcoin and sell more expensive - they think. All this is due to volatility. Speculative tool in the hands of professionals.

[Leyss]

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 do not think that bitcoins stability is important since most of the traders is always hoping for the volatility of the market in order to earn a huge amount of profit and that is the reason why i still keep on investing every time the market is dumping its price.

Traders do not need the stability of the crypto currency, they earn on fluctuations in prices. However, the high volatility of bitcoin is very damaging both to himself and to the entire country. If bitcoin rises to a very high cost, volatility can ruin it. When bitcoin starts to fall again in value, it can cause panic for some investors and bitcoin can quickly depreciate after that.

[Ishiro5]

First, it has the prime mover effect on almost all other cryptos and secondly, the stability would make some mainstream players come into crypto, and adoption will increase.

[tamarindbleu]

Of course everyone hopes that bitcoin prices can be more stable and not too volatile, if stable then saving in bitcoin will make a lot users more trustworthy to put their money though in large amount.

 Of course the stability of bitcoin is so much important because it affects and it will affect everything About  bitcoin.  Every little thing about bitcoin would be affected by it stability.

[Andalusy]

bitcoin stability is important because lots of people consider bitcoin as wealth. Bitcoin has a limited in supply and mined for profit. Bitcoin stability is a business in where people do their best to gain profits especially to those who invested. But at this point, people still need to study a lot in order for them to understand that in business you can't change its fate, there are times that it will surely mark down or will rise for that is the nature of business

[Dark Sky]

First, it has the prime mover effect on almost all other cryptos and secondly, the stability would make some mainstream players come into crypto, and adoption will increase.

Yes I think these are important for digital currency and those person who invest their money they wants the price of any crypto currency would never go to down rather it going to more increase, I that's why stability is most important in bitcoin.

[Stac]

The price of bitcoins determines the price of alternative coins, which can be seen from the price history of crypto currencies only bitcoins always shows a huge leap  in the crypto market and always proves to a good investment option than any other asset or commodity as bitcoin has helped many investors change their lives only by investing and trusting in the new technology by earning good returns from their investment. When the price of bitcoins plunges the price of other alternative crypto currencies comes down, may be in the next five years time bitcoin will be accepted by all over the world and can decrease the level of volatility.

[Telogodok]

Stablity of bitcoin helps control people's trust and demand, when people starting panic selling demand decreasing and it's causing many dumps and market problems.

I think instability can increase uncertainty, hamper investment, hamper the growth of alcoint.
for your opinion.
I think promoting bitcoin stability in part is a matter of avoiding the alcoint crisis, major changes in cryptocurrency activities, high inflation, and excessive volatility and alcoint markets.

[BurakTurk]

First, it has the prime mover effect on almost all other cryptos and secondly, the stability would make some mainstream players come into crypto, and adoption will increase.

[Evgenius1283]

I think everyone is interested in supporting and promoting Bitcoin. As of today, the whole crypto currency is in the phase of origin and all the violas just depends on the Bitcoin directly proportional. Bitcoin falls and, accordingly, everything falls, and Vice versa.

[Findingnemo]

The price of bitcoins determines the price of alternative coins, which can be seen from the price history of crypto currencies only bitcoins always shows a huge leap  in the crypto market and always proves to a good investment option than any other asset or commodity as bitcoin has helped many investors change their lives only by investing and trusting in the new technology by earning good returns from their investment. When the price of bitcoins plunges the price of other alternative crypto currencies comes down, may be in the next five years time bitcoin will be accepted by all over the world and can decrease the level of volatility.

The price of the bitcoin is not stable no one should come forward to invest and the value will not increasing this is the reason for the important of stability for all crypto currencies.

[krhnrhn]

is stability continuo for a long period, all alternative coin starts to up trend and bullish comes again..

[Cash BTC]

 its use as a currency is very low so the stability is not really critical for the survival of bitcoin, but stability will be critical if we are expecting that bitcoin is adopted all over the world and used in our everyday lives.

[WakinXXX]

Think stability is very important. The bitcoin will be an excellent asset if the price is more or less stable. Some people still don't know whether it is worth investing in crypto, but I am sure that it is worth it

[Jupeter]

Of course everyone hopes that bitcoin prices can be more stable and not too volatile, if stable then saving in bitcoin will make a lot users more trustworthy to put their money though in large amount.

Bitcoin stability is very important because a lot of people will surely trust to invest with bitcoin if they will know that the price of bitcoin became stable, and for me stability is very important so the investor will not be afraid to loss there money by investing with bitcoin.

[lynlyn]

bitcoin stability are very important because it was very good thing for a transaction because will many of another company or some big shop like amazon will being accepted again to getting paying with bitcoin

Honestly for me my friend bitcoin is so much important in terms of stability so that if we want to sell it the value will remains its price.But it' crypto currency so we should accept the volatile movement and its value price.

[leavolnhals]

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 do not agree with your opinion. Because I understand the market cycle of Crypto. Because they always rely on the fluctuations of Bitcoin to follow.
If you look closely, when the bitcoin goes down, all other altcoins go down. So Bitcoin's stability will not help too many traders because they are speculators who are waiting for fluctuations.