What can be done to make bitcoin stable?

[laravuemaster]

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?

Bitcoins will never become stable, there are a lot of people today who are selling and investing in the market, in that case the price will always change depending on the demand and supply.

[eaglewhite80]

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

Bitcoin is not a controlled or centralized currency, so why on earth will any one think it will get stable? There could be some point where we could see less volatility when it comes to price movement against the USD, but that simply does not mean the volatility is still not going to be there.

As long as bitcoin remains decentralized, volatility is going to be one of the characteristics whether we like it or not, and I wonder why people want bitcoin to be stable anyway because it is not like the volatility is a problem unless for those who want to see it as a problem.

Things might get balanced over time between demand and supply and with real life usage, but not like it will be totally stable, unless of course we alll just want to decide to peg 1 satoshi to 1 usd, which I do not know how that might work out even.

[adpinbr]

encouraging other people to use bitcoin and be consistent in using it because it opens new opportunities and has multiple benefits. Let us remember that the popularity of the bitcoin user is directly proportional to its value.

[wasaisi]

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?

Nobody predicts or regulates how Bitcoin is. Therefore the price is unstable sometimes rising or falling. But I hope Bitcoin prices will increase as the world develops.

[Stedsm]

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?

Welcome to the forum, Snowy.
First of all, it was designed to be used as a digital token that can be exchanged between two parties anonymously without the involvement of any third party, which, during its beginning, worked out well. Then, as every project needs investors for it to succeed further, Bitcoin too attracted the same with its UNSTABLE PRICE MOVEMENTS AND MARVELOUS RETURNS. This gave everyone - mostly those with bigger wallets, the power to move the markets the way they want - and this made Bitcoins come under ASSET CLASS. Afterwards, people started assuming this would be a life-changing ASSET, and not a CURRENCY. And for such an asset, instability is a boon.

[South Park]

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?

Nothing, there is nothing we can do to make bitcoin more stable and you should stop thinking about this because it goes against some of the principles of bitcoin, bitcoin is supposed to let people do whatever they want with their money, so bitcoin was created to allow a complete free market and that includes bitcoin itself, so just accept the volatility as part of the market.

[yaayaa]

One thing that keeps things in check in the equities market is the fact that there are a lot of strings attached to the market that prevents the market from over reacting to every bit of event. Some of these include the Federal Reserve, interest from powerful folks around the work – the wealthy – trading volume, the strength off the economy, to name just a few.

For bitcoin to be even remotely as stable as stocks, player in this field need to work more aggressively to get the digital currency attached to a number of heavy strings.

[r32godzilla]

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?

Bitcoin price could not be made stable as volatility is its natural character.Bitcoin's price is determined by the difference in demand and supply.There is no central body to regulate its price as in gold,oil.If more people start using it as a payment option,then there would be a strong support for it despite market conditions and it could help bitcoin price to get a little stable.

[bitbunnny]

Nothing could be done, volatility is one of the most important Bitcoin features, something that defines it. I don't think Bitcoin is meant to be stable and since the price is regulated by demand and supply ratio on the market and how much are users willing to pay for it at certain moment, I don't think that stable Bitcoin price is ever possible.
Besides, Bitcoin traders would never agree with stable price, how would they make money otherwise?

[gentlemand]

There is one very simple element that would introduce increased stability - more.

More people, more use, more value, more money thrown at it. In terms of global finance it's still a rowing boat being tossed on the waves. When it's a supertanker things become a lot steadier.

If you wait around long enough you'll be there to see it. It'll never be rock solid but I fully expect it to be far less bonkers once a few years have passed and a ton more people show up. Until then you may as well enjoy the show and benefit from the movements if you can.

[mostkey]

Prices will continue to fluctuate and do not expect prices to remain stable for a long time, perhaps market saturation will only make prices between them without moving too much as of late, it is all real without price settings that occur if everything is saturated, stability sales and purchases are temporary, if you want to invest then wait in the next few days, maybe the price will be cheaper than this, I'm sure the market will return to its best path in the future.

[senin]

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?

The price of bitcoin and other decentralized crypto currency can not be stable at all, whoever does what. Crypto currency is not secured by anything and is not regulated by anyone, as in ordinary currency. Its price is formed exclusively on the basis of the ratio of supply and demand, and they are never constant, too much in the market for the currency of the players, and everyone influences the crypto currency in the way he wants. Therefore, we have a crypto currency with very high volatility.

[Osayo]

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?

The cryptocurrency is designed in a way that people will always cash in or cash out as the case may be. It does not make Bitcoin unstable. What matters is for people to have strong believe and confidence in the market.

[farosa]

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?

Bitcoins will never become stable, there are a lot of people today who are selling and investing in the market, in that case the price will always change depending on the demand and supply.

I don't think so. I connect volatility of Bitcoin with value of crypto market. The reason why there are not many movements in Forex is that the worth of market. You need to trillions for influencing the market. In other words, when the value of crypto market will increase in the future, it will not be like now.

[boyptc]

Impossible to make bitcoin stable.

Compute on how much you need just to make the market stable but still you can't because bitcoin is decentralized.

[kateycoin]

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?

The price in the market will not be stable like you want because it's decentralized so you can't manipulate it people depends in the flow what on the market.

[Bitfling]

I think its hard to make bitcoin price stable. If we want bitcoin stable, thats mean we need authority to control bitcoin price. We know that bitcoin price determined by supply and demand and bitcoin is decentralized system that no one can control the price and the supply

[el kaka22]

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?

No price can be stable, at least not when you are comparing it with another currency and this is where demand and supply comes in. Secondly, this is a decentralized space and it is not like bitcoin can be controlled, however, a time may only come with wide level of real life usage in which there could be some equilibrium between demand and supply, but necessarily does not mean it would just get totally stable as the case may be. It is deflationary in nature and that actually makes it very susceptible to price changes a lot asides being decentralized.

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

It is just a market, and there will always be a point where it weakens against another pair or get stronger as the case may be. It is more like when a supply for bitcoin increases, it definitely weakens against the dollar and when the demand increases, it gets stronger. It is a law of demand and supply that every market operates in and as long as bitcoin remains decentralized and nothing is changed in the protocol, I do not see how it can totally get stabilized, or probably with high volume of real life usage may help in this case.

[fortuner]

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?

Bitcoins will never become stable, there are a lot of people today who are selling and investing in the market, in that case the price will always change depending on the demand and supply.

that's right, but there are a mistake on your opinion sir, bitcoin never be able to stable because there are change only in demand, bitcoin supply is made fixed, which is 21 million

[Thomas-s]

The stability of bitcoin at this time depends only on time, now it will be difficult to make it stable, as people leave or go every day, but eventually it will become stable.