What can be done to make bitcoin stable?

[rickyNmorty]

for bitcoin stable prices I don't know. but what makes the market price go up is the holders themselves because why ordinary people always panic and sell when they go down or prices go up

If this isthe case, we cqn connect it to how the market will stabilized. If market chooses to stay, if they do not sell, and use itnfor the day to day activities just like the fiat, or such. If the scenario that happens to fiat will be on bitcoin, it will probably will be stable. No question about that. If the market stays and so as the value.

[1715221396]

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[1715221396]

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[Akoldi_ibk]

One of the characteristics/features of Bitcoin is volatility. The price can be highly unstable. This is caused by the two factors: demand and supply. Once the demand is high, we expect increase in price. However when supply is high and demand is low, then we'll experience a fall in price. These factors can come into play at any time creating more instability in price. In addition, the market is still young and highly prone to manipulation leading to more instability.
For the near future, I don't think instability can be removed from the picture — it is one of the beauties of bitcoin. Best thing to do is to grab the opportunities that come with it.

[tonyvo2017]

I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?

I think to be stable, Bitcoin needs a broader recognition. There should be a common uniformity between countries so that it can legally represent a given value. It is a guarantee that it can be trusted and used more widely. A unification between countries is what brings stability to it...

[Obolo]

Bitcoin can be made stable when there is a balance between demand and supply of bitcoin. Neither of the terms should be higher than the other. With this, some bounties which pay in bitcoin should allow bounty participants with lower ranks to participate so that, we can have pools of people in possession with bitcoin so that there will constant availability of bitcoin in the crypto market. This will indirectly make people who are keeping bitcoin to also sell them rather than keeping bitcoin.

[Ucy]

The deflationary feature is what makes Cryptocurrency unique.  Extreme fluctuations will reduced with enough adoption.
 If you want a stable currency you can use fiat or stablecoins.

If you are desperate for a stable Bitcoin you could:
* Take away what makes Bitcoin/Cryptocurrency deflationary *Change the supply from 21million to unlimited.
* Make Mining without "difficulty" possible.

[Altf4]

To make a one currency be stable to the nearest  level like this bitcoin is the strong support and patronized the bitcoin and help promote bitcoin by any means so that it will gain more trust from people, customers and investors and they will gave bitcoin the confidence and trust ,and for this total support for bitcoin it will go to the nearest stability as one of the recognized coin in the market.

[yurekaa]

In my opinion. we must be able to control between supply and demand. and we must be able to limit the maximum amount of supply of a coin in the trade market. so that the number of coins will not be added again and has a limited amount. so that the coin can have a stable and controlled price.

[iwah]

I think bitcoin will be more stable when people have confidence on the coin, currently many people still thinks that bitcoin is a bubble that will burst one day, so the market is unstable because of the lack of confidence, and i think for the space to be stable, then it needs government intervention and support so that people will have confidence and leave their asset for a long term hold.

[Blackdeath]

I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?

It is really hard and also impossible to think of stabilizing the price of Bitcoin because its unique feature that makes it identifiable is its price volatility that makes it beneficial in the first thought. Also, there are lots of factors that affect the price changes of Bitcoin for its nature to be a virtual and decentralized currency so it is really a hard thought to stabilize the price of it.

[Stervyatnik]

I think Bitcoin can not be made stable, so I do not consider it as a currency, rather as an asset!

[Bitkoyns]

it is impossible to make the price stable in the market because people has different decision when it comes to selling those coin in the market and also people buy and sell so it is impossible to make it happen.

[Mr.grin]

it is impossible to make the price stable in the market because people has different decision when it comes to selling those coin in the market and also people buy and sell so it is impossible to make it happen.

well, for now it is absolutely impossible to make bitcoin prices stable, because demand and sales run so fast, maybe within a few weeks the price will move back, whether it will rise, or it will go down. very difficult to make it stable.

[St4yInTh3D4rk]

We can literally stabilize the price of bitcoin by having stable demand and supply proportions but it is impossible to achieve because of the limited availability of bitcoin when compared to the total world population and moreover the volatile range will be increased according the to adoption rate but when the adoption increased at its max then it might leads to the stable prices.

[squog]

I think that everyone should just hold on to the coins and buy more. We should also not do impulse selling once we see a dip in the market. What we want is that all the coins be owned by small investors and held by small investors not the bigwigs that wouks eventually bump things up then sell and just makes the market more erratic than it should.

[resty]

I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?

There is no alternative option to bitcoin become stable price because since the beginning when it started to build this program was volatile so we have to aware on this.

[domarakooth]

You or we cant make the bitcoin stable. Because its already unstable and thats one of the good thing about bitcoin. He can make here price from original to twice price in just 1 month. So if you are holder you will get double or more if that will happen

In cryptocurrency the main part is price it should be volatile. Stable mean you won't lose any money but you won't make any profit too.

[Commotheon]

You or we cant make the bitcoin stable. Because its already unstable and thats one of the good thing about bitcoin. He can make here price from original to twice price in just 1 month. So if you are holder you will get double or more if that will happen

If you buy bitcoin in 100$ and then you sold it with 100$ how you make the profit?. It should not be stable bitcoin is born to increase not for stability.

[DPrillio]

I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?

There is no alternative option to bitcoin become stable price because since the beginning when it started to build this program was volatile so we have to aware on this.

Yes, because as a decentralised system its hard to have value stability since there is no other party can make control of it then the market supply and demand is truely affected by individuals market activity.

[jrrsparkles]

You or we cant make the bitcoin stable. Because its already unstable and thats one of the good thing about bitcoin. He can make here price from original to twice price in just 1 month. So if you are holder you will get double or more if that will happen

If you buy bitcoin in 100$ and then you sold it with 100$ how you make the profit?. It should not be stable bitcoin is born to increase not for stability.

Bitcoin is not an stock so there is no need to be volatile for an practical currency but in crypto currency it is un avoidable because of the decentralization but don't consider bitcoin as an asset all the time because at some stage the bitcoin will reach stable range even though it is hard to achieve stable prices.

[canej]

It is very profitable for traders when bitcoin has a high volatility, so they earn money. The stability of bitcoin is actually currently of little interest to anyone.