Snaic
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May 03, 2018, 05:56:20 AM |
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Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?
Decentralized crypto currency, which is not regulated in any way to stabilize its rate, will have constantly high volatility. Its price is formed solely on the basis of the ratio of supply and demand, and they are highly volatile. Moreover, if the price of the crypto currency increases, the amplitude of its fluctuations will increase accordingly, because the scope of this possible range will expand. Therefore, for crypto currency in general, it is better to have a not very high cost, with an increase in its value, the risk of its depreciation will also increase.
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shinchan123
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May 03, 2018, 08:41:31 AM |
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Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?
That depends upon the demand of the people. If the demand of people for bitcoin gets less, I guess there is a high possibility that the value or price of bitcoin will get affected as well. This is why I am glad that many people are still into investing on bitcoin because it gives me a sense of security.
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Whosdaddy
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May 03, 2018, 09:24:25 AM |
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Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?
Yup, once bitcoin becomes accessible to everyone and is being used as global currency - then price will certainly become less volatile. New comers are the ones who are responsible for the price surge, so when the day comes that everybody has bitcoin (evenly) fluctuation becomes less. Yeah, as that is the main thing here we are still suffering and that is really making the market what it is today. In a way, by most members of the community, bitcoin is more like a speculative asset right now than a currency which has made its real life usage more of nothing to write home about. All these would change in the long run, but by then, we would have actually starting seeing that real life usage more in place and a lot of development would have come up to make that a reality. Bitcoin one day will have stable prices like gold but not definitely within this century. Because bitcoin was designed to have fluctuating prices which works for attracting new people.
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frowsiter
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May 03, 2018, 10:18:04 AM |
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Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?
Possibility of this can not be ignored. I mean if that happens then there will be only one assumption of this, bitcoin is widely used and controlled too! As long as these two factors execute until then we will see huge stability in the crypto world. Beyond the imagination I would also think that altcoins will gain the stability too just because of the bitcoin prices being stable. But this will take the fun out of crypto world where we do lots of trading depending upon the fluctuations etc. So the question is whether do we need this much stability so that we will have less opportunities that way.
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solidrock
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May 03, 2018, 10:55:25 AM |
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I believe that when the mainstream joins Bitcoin or other cryptocurrencies we will see a less volatile crypto market. This might happen when the trust in fiat goes away and/or if we have another crash and people start seeking a safeheaven.
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Feuerbach
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May 03, 2018, 11:13:31 AM |
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Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?
In use as a currency, other altcoins are better suited. For example, Dash, Monero, Zcash
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crazycatwoman03
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May 03, 2018, 02:56:58 PM |
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Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?
who told you that bitcoin has being use only as investments?dont you know that bitcoin is used now to pay chicken in Kentucky fried chicken?and uses as purchasing payment for foodball ticked?youre wrong about understanding whats the function of bitcoin now. Right, there are countries who are accepting bitcoin as a payment directly. Bitcoin is popular and it is popularly known for investment only but just like what @carlisle1 said, it can be used for paying some necessities but only in limited countries. Bitcoin as a digital currency is mistakenly taken that it can be only used for fast digital transactions and for investments only but if we will do a further research, we will found out that other countries are already using it as a regular payment. For example is in a bar, bitcoin can now be used to pay for the drink that you ordered. It can be done for other establishments also but of course, a good internet connection is needed to be established.
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INVALID BBCODE: close of unopened tag in table (1)
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Dudeperfect
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May 03, 2018, 05:12:48 PM |
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Yes, we must understand that Bitcoin is in the early phase of development and it is the lack of maturity among the users so even a small news causes volatility in the market. However, things will improve over the time and we will see a noticeable rate of reduction in price volatility. On the other hand, using it as a payment system is concerned with the same issue, merchants are worried about volatility and hence is less availability of merchants accepting Bitcoins as a payment system.
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Andrej Peiboski
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May 03, 2018, 08:18:15 PM |
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Bitcoin will stop being so volatile when it will be more widely accepted and when the legislation will be a little clearer. At the moment the price is driven only by big speculators, and we can only make bets.
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LuciferEveningStar
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May 03, 2018, 08:20:04 PM |
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Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?
The market is volatile and we can always expect the drastic changes of prices but this is also the reason why cryptocurrency is very profitable if you will just focus on trading in the market.
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adzino
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May 03, 2018, 08:33:54 PM |
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Yeah the price will indeed start to fluctuate less one day. This "one day" is the day when all the coins will be mined. The day when people will fully adopt crypto currencies and the day when crypto currencies will be officially recognized as an asset which can be used to exchange good. So you do get a guess that this day is actually far from now.
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chaoscoinz
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May 03, 2018, 08:40:55 PM |
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Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?
Sure, once everyone is clear on all of the policy and regulations, the price will most likely be higher, as well as stable. There's a lot going on with crypto within the news, all of the governments around the world are passing judgment, with some tolerance being accepted and in other places, banned out right.
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jerry3k5jamiso1
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May 03, 2018, 09:38:15 PM |
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The volatility in the cryptocurrency market is inevitable and I believe that if you want to succeed in this market then investors need to get used to that. Because this market is so small that it is easily dominated by wealthy investors, I hope that as the market grows stronger, things will stabilize. If you are a trader, the market will give you more opportunities to increase the amount of money you have.
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magneto
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May 03, 2018, 10:00:56 PM |
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One day, we won't even measure bitcoin's value in fiat, because ultimately, fiat can be printed off in as much quantity as needed by the government.
The only reason bitcoin is so volatile right now is because there's a lot of short term speculators around still. I feel like once we reach a stage where bitcoin is actually adopted widely as a form of payment, that's when prices will start fluctuating less.
So yes, even though bitcoin will probably always be regarded as an investment which all currencies and assets are, in the future, its volatility will drop as adopters continue to grow and markets mature.
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endut15
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May 03, 2018, 10:20:10 PM |
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Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?
That is true, bitcoin will someday be more resistant to fluctuations as with major world currency.That will only be possible if bitcoin gains more adoption globally.Everyone can then use it as a means of payment,no more panic sales yes indeed sometimes what we say is true, therefore we must be spirit and do not despair, because it also takes effort to develop bitcoin as you say. because as far as I know to reach the fluctuation it requires a process that is not easy.
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weblouartisan
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May 03, 2018, 10:26:58 PM |
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Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?
yes we can expect the fluctuation after the price of bitcoins will increase on a very huge amount, the cryptocurrency analyst's are expecting for the price of bitcoins to reach $50k dollar before the end of 2018 so we should invest on bitcoins even more today in order to earn a huge amount of profit in the future.
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Finestream
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May 03, 2018, 10:31:07 PM |
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One day, we won't even measure bitcoin's value in fiat, because ultimately, fiat can be printed off in as much quantity as needed by the government.
The only reason bitcoin is so volatile right now is because there's a lot of short term speculators around still. I feel like once we reach a stage where bitcoin is actually adopted widely as a form of payment, that's when prices will start fluctuating less.
So yes, even though bitcoin will probably always be regarded as an investment which all currencies and assets are, in the future, its volatility will drop as adopters continue to grow and markets mature.
Agreed.Bitcoin will eventually come to a point where we cannot notice its fluctuation anymore because the fluctuation will be lessen already.This time bitcoin will be adopted globally and thus all people will be encourage to use bitcoin since its price will likely to become stable soon.There will be less speculations and media pressures around.
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Buttercup123
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May 03, 2018, 10:37:05 PM |
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Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?
yes we can expect the fluctuation after the price of bitcoins will increase on a very huge amount, the cryptocurrency analyst's are expecting for the price of bitcoins to reach $50k dollar before the end of 2018 so we should invest on bitcoins even more today in order to earn a huge amount of profit in the future. Well that could happen but it is hard to hold on to what other people will say. It is not bad to believe but sometimes expecting don't help in surviving in this industry. Bitcoin and all other cryptos are volatile that anything can happen with their market prices. Everything can happen here so for me it would be better to learn to cope up with any changes especially unexpected changes in here.
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Obeng ketok
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May 03, 2018, 11:03:39 PM |
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Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?
it might happen. if bitcoin is known and used equally it is possible to change everything that supports the economy of society. could be not just an investment
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Silberman
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May 04, 2018, 01:58:51 AM |
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Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?
That is something that I have been thinking for some time and I do not have an answer, in theory it should be possible for the price of bitcoin to move less and less as time passes, but at the same time it is possible that the volatility in fact goes up, those that have a lot of bitcoins are able to manipulate the price in the market very easily, it doesn't matter if bitcoin is worth one dollar or 1 million they still have the same amount of bitcoin and they still have the same power to crash the market if they want.
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