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Author Topic: How stable will bitcoin be?  (Read 6623 times)
Xester
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December 10, 2016, 04:45:26 AM
 #41

It seems to me that the Bitcoin can not be stable. After all, it is based on supply and demand. And it is very unstable quantity. Fluctuations in the price of Bitcoin is its normal state

Bitcoin's price may fluctuate, but you have to see how much it fluctuates. If the fluctuation is less than say + or -1% a day, I would say that its price has stabilized. The problem right now is the Bitcoin's volatility is higher than most asset classes.

Well if bitcoins volatility focuses on the upward trend then I suppose there is no issue on  it but if there is a downward trend and the range of gap from the current price is wide then the question on stability is a big deal.

But in our country we are not really concerned about the fluctuations since we just convert out bitcoin to peso wallet then the value will not fluctuate anymore.


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December 10, 2016, 09:35:46 AM
 #42

Since the prediction of the value is predictable still it in not stable as we all know so, prediction cannot be the base stability of it.

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December 10, 2016, 11:01:41 AM
 #43

It seems to me that the Bitcoin can not be stable. After all, it is based on supply and demand. And it is very unstable quantity. Fluctuations in the price of Bitcoin is its normal state

Bitcoin's price may fluctuate, but you have to see how much it fluctuates. If the fluctuation is less than say + or -1% a day, I would say that its price has stabilized. The problem right now is the Bitcoin's volatility is higher than most asset classes.

Well if bitcoins volatility focuses on the upward trend then I suppose there is no issue on  it but if there is a downward trend and the range of gap from the current price is wide then the question on stability is a big deal.

But in our country we are not really concerned about the fluctuations since we just convert out bitcoin to peso wallet then the value will not fluctuate anymore.


Yeah, but if everyone does that, then there's no way you'll get alot of money/pesos for doing that since the net worth of bitcoin is falling down so rapidly.
We've seen it on the big markets before, once something starts crashing, it is going to crash heavily, especially bitcoin, since it is not regulated by a bank/state/country.
Bitcoin is probably never going to be stable, unless a big bank is also jumping into bitcoin and buys a big portion of the market.

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December 10, 2016, 11:40:46 AM
 #44

It seems to me that the Bitcoin can not be stable. After all, it is based on supply and demand. And it is very unstable quantity. Fluctuations in the price of Bitcoin is its normal state

Bitcoin's price may fluctuate, but you have to see how much it fluctuates. If the fluctuation is less than say + or -1% a day, I would say that its price has stabilized. The problem right now is the Bitcoin's volatility is higher than most asset classes.

Well if bitcoins volatility focuses on the upward trend then I suppose there is no issue on  it but if there is a downward trend and the range of gap from the current price is wide then the question on stability is a big deal.

But in our country we are not really concerned about the fluctuations since we just convert out bitcoin to peso wallet then the value will not fluctuate anymore.


Yeah, but if everyone does that, then there's no way you'll get alot of money/pesos for doing that since the net worth of bitcoin is falling down so rapidly.
We've seen it on the big markets before, once something starts crashing, it is going to crash heavily, especially bitcoin, since it is not regulated by a bank/state/country.
Bitcoin is probably never going to be stable, unless a big bank is also jumping into bitcoin and buys a big portion of the market.

I think indeed Bitcoin will still have big dips like what happens when an exchange dies/closes or there was a scamminghacking on an exchange like what recently happened to bitfinex. We can't control this but if it happens there are quite alot of effect. The dip was the major one. Another would be that the confidence in bitcoin lowers. If maybe it will be adopted by large corps then probably we can see a stability. But before that stability the prices for sure will rise.


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December 10, 2016, 11:45:30 AM
 #45

comodity in trading can't stable price, bitcoin same gold, is comodity
in trading all comodity can't flate price, because is flate price can't trade
you can see , dowjones or another market is can't stable and flate price
all comodity can up and can down price

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December 10, 2016, 11:50:30 AM
 #46

Quote from: Antoshka link=topic=50.msraising2547#msg17122547 date=1481224258
It seems to me that the Bitcoin can not be stable. After all, it is based on supply and demand. And it is very unstable quantity. Fluctuations in the price of Bitcoin is its normal state

Bitcoin's price may fluctuate, but you have to see how much it fluctuates. If the fluctuation is less than say + or -1% a day, I would say that its price has stabilized. The problem right now is the Bitcoin's volatility is higher than most asset classes.
As of now it keeps pumping and it is really good news to us . But we know sooner or later the bug drop happen
 But lets just enjoy this moment.but past few months the price of bitcoin is very stable then boom the price keepy raising and higher. And  i thin the price of bitcoin is not really stable but there are really time that it is stable but it raises frequently

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December 10, 2016, 11:54:51 AM
 #47

-snip-
TL;DR=Bitcoin is same like gold , and not stable for long time. I can't understand your post

All depends by demand and market flow , even it's on stable price for sure can't stay for long time because most peoples use this advantage for buy/sell their funds . For now Bitcoin's price on $750+ and go to $780 .

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Noctis Connor
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December 10, 2016, 11:58:11 AM
 #48

Since the prediction of the value is predictable still it in not stable as we all know so, prediction cannot be the base stability of it.
you have apoint there but as long as there's a lot of investors which are supporting bitcoin theres no way that bitcoin could disappear thats why bitcoin will be stable as long as we(investors) putting our money on bitcoin so that cycle on economy of bitcoin currency exchange will be always active and never be inactive. so if you want to more stable bitcoin you must encourage all your friends to invest in bitcoin and tell them the advantages of this cryptocurrency.

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December 11, 2016, 07:16:53 AM
 #49

Since the prediction of the value is predictable still it in not stable as we all know so, prediction cannot be the base stability of it.
you have apoint there but as long as there's a lot of investors which are supporting bitcoin theres no way that bitcoin could disappear thats why bitcoin will be stable as long as we(investors) putting our money on bitcoin so that cycle on economy of bitcoin currency exchange will be always active and never be inactive. so if you want to more stable bitcoin you must encourage all your friends to invest in bitcoin and tell them the advantages of this cryptocurrency.

Bitcoin will indeed flourish if we keep on believing and investing into bitcoins. Without our help it will die and go back to being more unstable. Right now there has been much more predictable dips and rises. Let's just hope that we get that great adoption where a lot more companies adopts bitcoin like skrill. I hope alibaba as well adopts bitcoin. That will really improve the situation of Bitcoins.


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December 11, 2016, 01:21:39 PM
 #50

The current rise in bitcoins price is more stable than its previous price changes. According to Tilleir, bitcoins previous price hikes were mysterious but the current one is due to the devaluation of chinas currency. Because this is a logical reason for the price surge, the market is acting  with a forward disounting mechanism and some degree of appreciation is now built into the price.
I doubt that current rise of bitcoin's price is more stable than previous price changing. Bitcoin changed it's price in every moment since the moment of it's creation. Only one period that was really stable to bitcoin's price I would call - it's the time after Bitfinex was hacked on August of this year. Remember the price almost didn't move in September. But bitcoin could came back from it and continued to move up.
As still majority of the people of the world do not know about bitcoin, and the users of bitcoin are continuously increasing, because the popularity of bitcoin is increasing every day, people are now getting confidence on bitcoin therefore they are investing their assets here, so the demand of bitcoin is increasing which increase the price of bitcoin.

Hope that when all the people of the world will start using bitcoin as currency then bitcoin will become more stable.

Exactly, many people do not know about bitcoin, since this year is i think more people or users know it than last few years, thats the reason maybe why the price more became higher value. Because the price depends the user, thats why, the more people uses bitcoin, the higher value of the price we can get. Sooner or later, we dont expect that the price is already much higher, stable and become more popular. Become the future to one of us.
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December 11, 2016, 02:28:47 PM
 #51

The current rise in bitcoins price is more stable than its previous price changes. According to Tilleir, bitcoins previous price hikes were mysterious but the current one is due to the devaluation of chinas currency. Because this is a logical reason for the price surge, the market is acting  with a forward disounting mechanism and some degree of appreciation is now built into the price.
I doubt that current rise of bitcoin's price is more stable than previous price changing. Bitcoin changed it's price in every moment since the moment of it's creation. Only one period that was really stable to bitcoin's price I would call - it's the time after Bitfinex was hacked on August of this year. Remember the price almost didn't move in September. But bitcoin could came back from it and continued to move up.
As still majority of the people of the world do not know about bitcoin, and the users of bitcoin are continuously increasing, because the popularity of bitcoin is increasing every day, people are now getting confidence on bitcoin therefore they are investing their assets here, so the demand of bitcoin is increasing which increase the price of bitcoin.

Hope that when all the people of the world will start using bitcoin as currency then bitcoin will become more stable.

Exactly, many people do not know about bitcoin, since this year is i think more people or users know it than last few years, thats the reason maybe why the price more became higher value. Because the price depends the user, thats why, the more people uses bitcoin, the higher value of the price we can get. Sooner or later, we dont expect that the price is already much higher, stable and become more popular. Become the future to one of us.
Price would really intend to rise since the demand is increasing and as you said more people are using it since the bitcoin adoption really cant be stopped and it will continue to grow furthermore and we should really expect the price increase but still its still not sure because we are just on earlier years of bitcoin. Theres soo much things that might happen along the way.

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December 11, 2016, 05:31:33 PM
 #52

It seems to me that the Bitcoin can not be stable. After all, it is based on supply and demand. And it is very unstable quantity. Fluctuations in the price of Bitcoin is its normal state

Bitcoin's price may fluctuate, but you have to see how much it fluctuates. If the fluctuation is less than say + or -1% a day, I would say that its price has stabilized. The problem right now is the Bitcoin's volatility is higher than most asset classes.

Since we can see how bitcoin rise and low of pricing we cannot totally say that it is stable since we can only predict its % of highland low fluctuation.

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December 11, 2016, 05:54:38 PM
 #53

It seems to me that the Bitcoin can not be stable. After all, it is based on supply and demand. And it is very unstable quantity. Fluctuations in the price of Bitcoin is its normal state

Bitcoin's price may fluctuate, but you have to see how much it fluctuates. If the fluctuation is less than say + or -1% a day, I would say that its price has stabilized. The problem right now is the Bitcoin's volatility is higher than most asset classes.

Since we can see how bitcoin rise and low of pricing we cannot totally say that it is stable since we can only predict its % of highland low fluctuation.


yet time will come it might rise higher than that or low lower than predicted % so, the value of bitcoin is not stable yet still rising high. It is acceptable as long as it is rising, the bitcoin price.

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December 11, 2016, 06:00:01 PM
 #54

Since the prediction of the value is predictable still it in not stable as we all know so, prediction cannot be the base stability of it.

i don't know what you want to say but the value is not predictable at all, bitcoin will be stable only when many will use it, and by many i mean 100 million people at least not less

comodity in trading can't stable price, bitcoin same gold, is comodity
in trading all comodity can't flate price, because is flate price can't trade
you can see , dowjones or another market is can't stable and flate price
all comodity can up and can down price

bitcoin will be a currency, not a comodity, unlike gold that will be used as a currency, bitcoin just need more aodption



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December 11, 2016, 06:09:55 PM
 #55

It seems to me that the Bitcoin can not be stable. After all, it is based on supply and demand. And it is very unstable quantity. Fluctuations in the price of Bitcoin is its normal state

Bitcoin's price may fluctuate, but you have to see how much it fluctuates. If the fluctuation is less than say + or -1% a day, I would say that its price has stabilized. The problem right now is the Bitcoin's volatility is higher than most asset classes.

Since we can see how bitcoin rise and low of pricing we cannot totally say that it is stable since we can only predict its % of highland low fluctuation.


yet time will come it might rise higher than that or low lower than predicted % so, the value of bitcoin is not stable yet still rising high. It is acceptable as long as it is rising, the bitcoin price.
Yeah there is low fluctuate but we can not consider it as stable bitcoin will never be stable because it is unpredictable and the price of bitcoin is always relaying on demand and supply.. Because many people are discovering bitcoin and the benefits they are investing in bitcoin that can affect the value of bitcoin.. You can see right now more sites are actually accepting bitcoin as mode of payment unlike last year i experience of some sites are not acept there is a difference right now i saw many site are now adding bitcoin as payment mode.. so more price will increase and bitcoin will never stable..

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propcorn
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December 11, 2016, 06:17:43 PM
 #56

bitcoin will eventualy be stable, but when the market cap is on bilions, to soon to be stable.... it could take 10 years but it will get there
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December 11, 2016, 06:24:52 PM
 #57

A few months ago I believed it would take a long time for Bitcoin to achieve some stability, but now I realize that this may happen earlier than expected. It is important to note that Bitcoin can become more stable, and at the same time continue to increase in value. The important thing is that large pumps and dumps do not happen very often.

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December 11, 2016, 06:27:40 PM
 #58

bitcoin will eventualy be stable, but when the market cap is on bilions, to soon to be stable.... it could take 10 years but it will get there
I think bitcoin will not experience to be stable because it is unpredictable and bitcoin is always depends in demand and supply.. even in the future..
They are not the same as fiat that it takes a year before the price is change..
Bitcoin has a fast movement until now we are experience of fast movement of the price and i think in the future we have slow movement but it will never be stable just like other said..


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December 16, 2016, 03:55:29 PM
 #59

Bitcoin stabilisation is still a long way to go as an when all the bitcoins are mined , the price of bitcoins will not be stable and the price of bitcoins will still go on increasing.

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December 16, 2016, 04:23:36 PM
 #60

I think bitcoin will never be a stable price. I guess bitcoin
has been created not to be stagnant price but design to be
a volatile price. Because if bitcoin will stable others wont get
easily earn money.

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