Johannson (OP)
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April 24, 2018, 04:01:35 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?
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no0dlepunk
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April 24, 2018, 04:59:28 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. |
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scorpionso
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April 24, 2018, 05:20:44 AM |
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I think so , if btc going to substitute with existing currencies , its value will fix or fluctuates will be less. and also there is another parameter : amount of btc. as you know it is 21.000.000 pieces.
after all btc be on market this also makes stabilization I think. ( But it is going to take so long time)
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hase0278
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April 24, 2018, 11:52:26 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 can actually, so long as bitcoin gets evenly distributed as day pass by, price will fluctuate less until it comes to the point where people rarely notice it's fluctuations. Although that is the case, I don't think it will be used as a currency, but rather as an alternative way to pay. Bitcoin will also stay as a form of investment for a long time until fluctuation lessens, discouraging traders and investors to trade it further and it might encourage them to try use it for payments more. |
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horrifiedx1
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April 24, 2018, 11:57:56 AM |
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to be a currency or a means of payment i think it takes a lot of support from the government. with many using bitcoin i guess fluctuations seem to be no problem, like the dollar index i think fluctuates too
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Naman1111
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April 24, 2018, 11:59:44 AM |
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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.
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Jonsnowstark
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April 24, 2018, 12:44:34 PM |
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Yes i believe so. For now people are seeing bitcoin as an asset because when they buy, the value of the btc increases or decreases. That's why not so many people are using bitcoin in their everyday purchases. But if bitcoin will somehow stabilize, it will be much easier to use bitcoin in our everyday lives. It will become more of a currensy than just an asset.
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BrewMaster
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April 24, 2018, 03:25:34 PM |
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yeah, it will happen eventually. it may not look like it now because bitcoin is still pretty young and the market is still very small but if you look at the history and compare today with a couple of years ago you can clearly see this growth taking place.
additionally part of the huge volatility is because of the exchanges and the way they are. they are not trustworthy for people to leave open orders there so the order books are thin and that makes the volatility increase.
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There is a FOMO brewing...
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frowsiter
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April 24, 2018, 03:38:27 PM |
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Yes I do think so as well. The time will come when the market will have more advances in terms of using the technology in different way than the current one. For now we lack the techs that can bring the crypto currencies to the life and real use will start in the time to come if this happens. Then my friend we will see some real usage bringing the market to somewhat cooler zone and thus making it worthy to transact rather than invest. Just like the way we are making use of the fiat then also the crypto will have some perfect balance of trades so making it far stable.
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alfs75
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platform for everyday business
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April 24, 2018, 04:12:37 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?
Maybe that speculation would be happen that someday the prices for bitcoin will fluactuate less and people will be able to use more as a currency than in a form of investment,if cryptocurrency will only one set of goal,but if digital currency system have so many ways of branches to used like,investment,mining ,faucet, etc.thats thinking or speculation that focus only in currency could not been implemented,because crypto is designed for multi purpose digital system. |
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fernandoaleixo
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April 24, 2018, 04:16:19 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.
By fear is if bitcoin gets bigger and more inserted into society it will decrease its value along with less fluctuation, what is the problem with fluctuations anyway? As long the price is between a reasonable margni, it's also a good opportunity for good traders. |
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AnisahSiti
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April 24, 2018, 04:27:55 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?
everything is very possible in this world. Until this moment I still believe it, I will not stop to try to get bitcoin. as we all know, that bitcoin is getting more and more popular. and price changes you can see for yourself, the interest of some countries and companies around the world you can also search on google. even the banking world is now studying bitcoin with its blockchain |
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LordShanken
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April 24, 2018, 04:34:45 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?
For me prices will be only bigger and todays value of bitcoin will be like a joke for people in future so for me next months will be a big suprise for most of us (big pump for me). |
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kryptqnick
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April 24, 2018, 04:38:06 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?
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. I don't think it works this way. When bitcoin had a lot less users, the price was pretty stable. Look at the charts of all main coins and you will notice that for years nothing changed much, comparing to recent events. Thus, as more people join the market, we get more newbies who are so afraid of losing their money they keep panicking in case of any stupid news and lead the price to going mad. Only when all people become really okay with cryptocurrencies, get used to them just as to any new technology, then the prices are likely to stabilize, since people will start acting reasonable. |
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nsasuiteb
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April 24, 2018, 04:52:16 PM |
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I think so, but if bitcoin is really going to be $250.000 after 4 years so in a very short time! these fluctuations are very natural, also with regulations and clarity in the market it will fluctuate less.
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ralle14
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April 24, 2018, 05:09:54 PM |
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Yes, some day in the future we don't know when but it'll fluctuate less once the price of Bitcoin increases multiple times making it harder to clear buy and sell orders. I think so, but if bitcoin is really going to be $250.000 after 4 years so in a very short time! these fluctuations are very natural, also with regulations and clarity in the market it will fluctuate less.
Bitcoin reaching $250k after 4 years sounds like a dream. I think so , if btc going to substitute with existing currencies , its value will fix or fluctuates will be less. and also there is another parameter : amount of btc. as you know it is 21.000.000 pieces.
after all btc be on market this also makes stabilization I think. ( But it is going to take so long time)
There's no way bitcoin is going to replace fiat.The limited supply won't help much with the stability because it mostly depends on the demand. |
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aoluain
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April 24, 2018, 05:17:03 PM |
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The way i see it is that as long as bitcoin is traded on exchanges by people only
interested as an investment the price will fluctuate so i cannot see this scenario ending.
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Qartersa
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April 24, 2018, 05:18:21 PM |
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Yes, some day in the future we don't know when but it'll fluctuate less once the price of Bitcoin increases multiple times making it harder to clear buy and sell orders. I think so, but if bitcoin is really going to be $250.000 after 4 years so in a very short time! these fluctuations are very natural, also with regulations and clarity in the market it will fluctuate less.
Bitcoin reaching $250k after 4 years sounds like a dream. I think so , if btc going to substitute with existing currencies , its value will fix or fluctuates will be less. and also there is another parameter : amount of btc. as you know it is 21.000.000 pieces.
after all btc be on market this also makes stabilization I think. ( But it is going to take so long time)
There's no way bitcoin is going to replace fiat.The limited supply won't help much with the stability because it mostly depends on the demand. I would place my bet that it will happen when the time comes that cryptocurrencies are far more accepted and that there is really fundamental value to it. Right now, people aren't really using cryptocurrencies as it is intended. Just take Bitcoins as the prime example. Based on Satoshi's paper, it should be used as a payment method or something that should replace cash. But does it do that? Not really. All it is now is a speculative investment that people keep on hodling in the hopes that one day it will be extremely expensive. Probably if we have a coin that totally will be used as a real currency that can truly replace cash then that will be the day prices will no longer fluctuate as hard as today. |
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Cryptosymphony
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April 24, 2018, 05:18:36 PM |
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Probably yes. We only hope that they do not become stable on zero ...
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Tenderino
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April 24, 2018, 05:18:55 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!
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