Why is bitcoin stability important?

[Jedzkie050617]

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

Actually we can't really expect the stability of bitcoin but I always expect the good news everyday that the rate is always at the good rate. I won't stop believing in tge the power of bitcoin and the capacity to earn through bitcoin

[yetiripper]

I have been observing the market for a while and found out that the change that happens to the bitcoin affects the value of altcoins and vica verca if the altcoins are unstable it can make the bitcoin go the same way too.

[marcuslong]

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 since those other currencies are volatile it will stability when all bitcoin are mined! since we already at the most of it. There still changes happens because of the value and the demand of each altcoint, You can't expect it right the way coz there are some in silent earning which the seek is for the biggest earning from company and other things. Other currencies are in depend on bitcoin it is really a cycle.

[ChConcept]

I believe that Bitcoin price stability is important for it to be more suitable and more acceptable as a digital currency, as a mode of payment and not just as an asset that holds a great value. If Bitcoin price is more satble then it can be used more as a mode of payment, honestly since the last quarter of 2017, I rarely use Bitcoin as a mode of payment since I don't want to pay using it then suddenly after few mins or hours its value is now higher or lower, it makes me crazy thinking if I win or lose on that scenario so might as well not use it as currency, I only use it as an asset for trading and investments.

[Lubang Bawah]

When I understand that bitcoin prices are stable and there is no movement for a day or more, then I think this is not interesting because boring, the most important of course is we always get a big profit when prices rise or fall.

[Wasaisisi]

Because if bitcoin is unstable then many people are dubious to make bitcoin as an investment. As well as bitcoin will lose a lot of devotees if not stable.

[tomasarun]

From bitcoin, all cryptornics depend. Where the bitcoin moves there are also altcoyins. The stability of bitcoin is necessary for the whole crypto community, the dynamics of the price depends on all cryptoeconomics

[pankowri]

In my opinion and it is already proved that in the crypto world all things are directly or indirectly related with Bitcoin.We know,it is used to do many things and its demand is too high.That's why,Bitcoin stability is important to run all things well in the crypto world.

[Activitycoin]

When I understand that bitcoin prices are stable and there is no movement for a day or more, then I think this is not interesting because boring, the most important of course is we always get a big profit when prices rise or fall.

bitcoin staability is important uupto some extenndd because i will  ssay it in favour of those  peoople  who has lostt  alot of money in rise and fall of bitcoin price. bbutt infact the rise aand ffaall of bitcoin price madde itt valuable, the attraction of investors towards bitcoin is its price.
think thatt if the price would stable people get bored like you.

[paynercash]

In my opinion and it is already proved that in the crypto world all things are directly or indirectly related with Bitcoin.We know,it is used to do many things and its demand is too high.That's why,Bitcoin stability is important to run all things well in the crypto world.

Bitcoin is the leading coin of the cryptocurrency market and most of the remaining altcoins are greatly affected by the fluctuations of bitcoin so when trading altcoin people always have to watch more bitcoin events. The effect of bitcoin on other altcoins is enormous.

[Leanna44]

Agree bitcoins stability is very much important to continue all the crypto matters and to gain more profit in whatever bounties we are joining now,especially those people who has a big lost before they must be recover and return all their losses due to volatility of it.

[Makingmoney2018]

Bitcon's stability important because stability depends on the supply and demand. The constant growth of bitcoin should play a major role in ensuring the stability of bitcoin price. Bitcoin price stability is a great deal. And the journey to stability will be far from easy.

[RoolBi]

Yes, this is very important, because I see the price of bitcoin affect the whole market. When bitcoin goes up I see the market going up along it. So it has a big impact on ICO projects.

[Harrow30]

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 Bitcoin stability is very important in that it can help potential investors come into the market and definitely stay. This is already happening and prominent people trading in the traditional stock markets are making a migration into the Cryptocurrency exchange markets too.

[pendekar cinta]

I strongly agree with the opinion because the stability of bitcoin prices can not be separated from the role of enthusiasts so when the enthusiasts have started a little certain exchange rates will decrease and lead to a disappointment of traders later.

[Bitfling]

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 Bitcoin stability is very important in that it can help potential investors come into the market and definitely stay. This is already happening and prominent people trading in the traditional stock markets are making a migration into the Cryptocurrency exchange markets too.

I think, bitcoin stability mean bitcoin controlled by any institution. Bitcoin is decentralized system and the price depending on demand and supply in market, no one institution holding control on supply and thats why bitcoin price always high movement.

[cemburu]

Stability in Bitcoin is very important because Bitcoin will affect the value of Altcoin prices.
When the Bitcoin Value falls then the altcoin value will also decrease.
When the value of Bitcoin increases then the value of altcoin will certainly also rise.
Bitcoin has a major influence on the development of altcoin values.
Bitcoin stability is highly permitted by Bitcoin users and altcoin users.

[DPrillio]

I strongly agree with the opinion because the stability of bitcoin prices can not be separated from the role of enthusiasts so when the enthusiasts have started a little certain exchange rates will decrease and lead to a disappointment of traders later.

Yes, the bitcoin stability in the market can can give more trust and self esteem for every people who holds bitcoin but in contrary, if bitcoin is stable and not volatile then it is not advantage for those people who buy and sell bitcoin or generally the traders because I think it is not profitable for them.

[squog]

The OP kinda said it all. But why do we aim for a more stable currency? Well out main goal is for everyone to use crypto currency in exchange for goods and services atound the world. Where no one controls it and still decentralized. A stable price makes adoption possible. A stable price means a definite price for goods and services so investors can use crypto currency as payment.

[noictib]

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.?

Agree with you , but here the main factor that is associated with the stability of bitcoin is positivity to make Investment by the people more and more in this field and give a better gain in the market and if the Investment in the cryptocurrency market will go constantly up then surely with that people will try to make earnings more faster with the Investment in another altcoins like assets and that gives a big moment in the whole field .
So stability in bitcoin price is really a better backup for the altcoins Market with positivity and a result of opportunities to make earnings here easily .