fabrizoc
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May 05, 2018, 08:18:07 AM |
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The fluctuation that we see is because of the speculative analysis of bitcoin in the world. Its illegal at some places, not accepted as legal tender at others, while normal at some places. These kinds of unequal distribution of bitcoins brings this discrepancy in the system to wheather bitcoin is trustable or not. What if it dies tomorow, and different questions like this.
If bitcoins happens to be accepted worldwide with a similar norm, if not exactly same, then the fluctuations will be on check, because there wouldnt be some speculative news floating here and their changing the values day in day out.
Any asset which has high demand and scarce supply can’t help fluctuating a lot. Bitcoin has the biggest community of cherishers and investors from all over the world. Big whales also backup this coin the most. It is embraced by rich guys highly and whenever this happens, it soars up like crazy. December was actually a demonstration of this. Besides, stability is not a matter of few years.
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2@abcdeeply
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May 05, 2018, 09:10:16 AM |
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But if less volatile altcoin prices are a disadvantage, they will not attract big investors to jump in and we will not be able to follow those giants. So I always expect that the market of Crypto is always volatile.
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dinar99
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May 05, 2018, 09:26:49 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?
yes, I think when demand and supply are balanced, I think the bitcoin price will be stable.
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XCANA
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May 05, 2018, 09:41:42 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?
It is very possible OP i foresee that coming in the future although it may take a longer time for for such a thing to happen to Bitcoin since the adoption of Bitcoin and other altcoins has not reach up to 50 percent yet in that world.
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Rubble898zaitO
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May 05, 2018, 09:49:44 AM |
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I really believe this will happen but not anytime soon, Bitcoin is still young and it is too early for it to be stabilized. Plus the fact that Bitcoin is volatile by nature, so I know in time, these fluctuation will decrease and we will have a more stable price for Bitcoin making it more suitable of being used as a currency.
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socksserver3
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May 07, 2018, 12:17:26 PM |
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I think that it is possible that the price will not fluctuate much. I am sure that it will stabilize in the nearest future and it will be possible to use it as the main currency. I have read a lot of expert opinions.
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Lorence.xD
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May 07, 2018, 12:54:06 PM |
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Your statement is totally confusing to me as the fluctuation does not play much a role when you use it as a payment method, because you exchange your fiat money at the time when you want to pay something with bitcoin. The high fluctuation is only a problem for investors if they buy high priced coins like bitcoin and then the price decreases huge!
I would say price value of Bitcoin will go up and down base on the market reaction on trading.Base on the market history of Bitcoin prices it goes down to the level which no one would expect, then after the correction of the crypto market trading it goes up to 11k. And if we go back to ICO posting of Bitcoin we can see that Bitcoin is really on infantile stage, yet a lot of crypto currency investor put in their trust to Bitcoin, that's one of several reason where the Bitcoin is now. The fundamentals is good, volume of share are more stable.Yes, it may fluctuate as you would categorize the movement of this coin but no one can say how much it will go up in the next trading or even down, we can not predict the movement of the market, one can just speculate but nothing more accurate for the movement of the crypto market trading.
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Potatohead
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May 07, 2018, 01:06:10 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?
I doubt if it will, if more and more people will start investing in crypto currency, that means there will be more and more people that will invest just for profit. Which will lead to either a quick pump or dump since there will be more whales in crypto.
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upsidedown75
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May 07, 2018, 02:05:30 PM |
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Yes, Right now the market is not as matured as the equity ones. Once the market matures like when there are widely traded derivatives and ETFs on the exchanges it will become extremely difficult to manipulate the market. These along with regulations will mutere the trading market and thus less fluctuations in the prices. But this will take a lot of time like 5 years from now.
Obviously, since we are still in the very early phase and by the time it would get to that stage, I can imagine what the value must have been like and there would be more distribution since hopefully it would have been used as a currency than just a speculative asset which is the main reason why we have it as it is today. Mainstream adoption would actually solve a lot of this, and we will just have to be patient before we even end up getting there.
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Persiville
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May 07, 2018, 02:36:12 PM |
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Yes, Right now the market is not as matured as the equity ones. Once the market matures like when there are widely traded derivatives and ETFs on the exchanges it will become extremely difficult to manipulate the market. These along with regulations will mutere the trading market and thus less fluctuations in the prices. But this will take a lot of time like 5 years from now.
Obviously, since we are still in the very early phase and by the time it would get to that stage, I can imagine what the value must have been like and there would be more distribution since hopefully it would have been used as a currency than just a speculative asset which is the main reason why we have it as it is today. Mainstream adoption would actually solve a lot of this, and we will just have to be patient before we even end up getting there. As far as i am concern, it will eventually reach there but not for now, and as we all have notice that bitcoin has become the source of investment rather than being used mainly as a currency by some people. There is no problem about mass adoption, but the only thing that prevents it from happening is because of the government, so as of now let us just be patient. Sooner or later if that does happen then what we expected will eventually happen.
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Ashleybarnes2
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May 07, 2018, 03:19:47 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?
I think its less a case of when people start using the currency more and more of a case of when the volatility will subside which some say won't be until it reaches the 100k mark. Once the volatility calms down I think then it will be used as a currency. Having said that if it reaches 100k then the theories that it could be gold 2.0 and that it is an asset would mean its now a viable alternative which would then potentially mean it can appreciate much more so I'm still undecided. 100k seems like a number plucked out of thin air even though it has been touted as the magical number by some really influential people within the industry.
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batang_bitcoin
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May 07, 2018, 03:33:32 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?
I really think that in the future many will start using bitcoin and the old use of bitcoin / crypto as a payment will be back again. We don't have to think about it as things will be back to normal and if majority of us are looking to bitcoin as investment it also doesn't matter. We are all free to use bitcoin as investment, payment regardless on how it fluctuates.
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Betheng10
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May 07, 2018, 03:34:27 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?
If bitcoin will fluctuate less, opportunity to earn profit becomes thinner. If you purchase bitcoin for 5 usd, then after an hour or two it rises to 6 usd, you've already earned, this is day to day trading. It's quite difficult but there's no such thing as easy profits.
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Eleven86
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May 07, 2018, 06:35:52 PM |
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Always the price of bitcoin fluctuates this is common in the cryptocurrency world. At present the price of bitcoin is cheap to buy. So if you want to buy bitcoin now then this is the right time to invest in bitcoin. The price will increase and decrease nowadays. Last year the price would goes low and at the same time december 2017 the price would hit the moon. No one can expect that level of price increase. So the price of bitcoin is never stable always it goes up and down. It depends upon the market of the cryptocurrency.
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darkr
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May 08, 2018, 06:26:40 PM |
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Fluctuation is a common factor with bitcoin as well other digital assets. Just because of the fluctuation bitcoin has gained such a huge popularity in a short time period. Else, this could have never happened. Because, no investment has the potential to vary in such a margin which is the key factor for increased profiting and for the higher risk of losing.
They will always fluctuate. it is the rule of the market, you are right. However, I have one hope and dream: I am waiting for fewer fluctuations, sure.
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Stac
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May 08, 2018, 07:06:12 PM |
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When there is mass adoption all over the world the price of bitcoins will hit the highest point and then the rate of price fluctuation will decrease as more users are entering the market and more demand for bitcoins causing for the rise in the price of bitcoins and the supply is only limited which makes bitcoins the more expensive thing on the planet or in other words the volatility of bitcoins will come down as a result of mass adoption of bitcoins.
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BUK2016
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May 08, 2018, 07:21:20 PM |
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The market value of Bitcoin usually react base on its demand and supply and i don't believe that time will come that its value will be stagnant at the low level that will encourage more people to make use of it as currency as compared to the use of it as an investment assets.
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senin
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May 09, 2018, 05:56:04 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?
This is one of the main problems of bitcoin. Until bitcoin is used primarily as a means for investment, that is, as a means of accumulating value, it will grow in value, manifest itself as a financial bubble, and its volatility will become more and more. In the end, it could ruin him. The more its price becomes, the more risky will be the investment in it. If negative news coincides with a decrease in its value with the next manifestation of volatility, it can lead to panic and bitcoin may fall to its original value.
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Elmughni
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May 09, 2018, 06:31:10 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?
I think when the demand higher than supply, The matket price will rise. maybe in the future it will happen.
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developer101dev
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May 09, 2018, 06:33:26 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?
It already happened, the price of bitcoins has sky rocket to $19k dollar and now it was down to $10k so we can say that bitcoin price is really profitable if you are going to hold your coins and wait for it price to grow before selling it again.
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