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Author Topic: What can be done to make bitcoin stable?  (Read 30339 times)
SanSanTar
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September 24, 2018, 02:23:50 PM
 #41

I don't think we can do anything to make bitcoin stable. If yes, people would do it several years ago, not wait until now
KorakPawon
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September 24, 2018, 02:43:17 PM
 #42

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?

all we need to do to stabilize our finances is that we need to set the time when to buy and when to sell, and smartly manage the time because if we wait for the price to rise it might be an uncertain time, and if we allow bitcoin to be wrong because we don't know prices go down, the point is that you have to be able to set the time of sale and purchase.
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September 24, 2018, 03:05:30 PM
 #43

In my own opinion i think bitcoin will be more stable when the institutional investors and heavy investors joins the space, and that's exactly what the ETF is going for, allowing big investors to join the space while giving them insurance about their investment, when that happens, then bitcoin will be a lot more stable

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September 24, 2018, 03:14:53 PM
 #44

I think that the only thing that we could done is to wait, bitcoin sooner or later will become stable, for me it could happen when whole amount will be mined and people will try to make this coin more famous worldwide and what is more important more available.

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September 24, 2018, 03:23:36 PM
 #45

For me it is hard to make bitcoin price stable because everything is moving, not only in the market but we people also. High or low, we people always have in mind on how to gain. Only the least of us want things steady. Hodling may be great to some but some also want things moving, buy and sell. With that, nothing will be stabled.
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September 24, 2018, 03:55:52 PM
 #46

It not easy but it requires many other ways like to hold bitcoin but the big whales can manipulate the bitcoin market and i hope that bitcoin is not controlling by only one institute so that's why i can not say that only one can make bitcoin stable and if we invest regularly then bitcoin will be stable but when one bad news comes in the market it disturb the whole market and other crypto also fall with it. If we use crypto for payment and other transactions then it is a favor for the bitcoin stability.

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September 24, 2018, 04:17:23 PM
 #47

In my opinion. to make bitcoin prices more stable is to keep the demand and supply stable. and legalize bitcoin worldwide. so investors feel safe when using bitcoin as an investment tool or transaction tool. so bitcoin will be more stable and triumph like stocks that are generally legal.

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bajigur894784
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September 24, 2018, 04:27:47 PM
 #48

What can be done to make bitcoin stable ?, Well, an interesting question, but, before discussing it, let's ask, Is there a stable currency, really? surely the answer is no, because the price index rises and falls all the time based on many factors, such as, for example, for Bitcoin it is a simple supply/demand, and so on.

Also, given that Bitcoin is a virtual currency that is not based on anything, I assume that prices will shift onwards. However, I think we can expect a more stable Bitcoin price with its popularity in the future.
warriorcryptobar
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September 24, 2018, 04:33:56 PM
 #49

Everyone is putting a lot of eggs in the ETF basket. The regulatory commissions soon approving its trading, will create an inflow of money the crypto space hasn't seen in years. This will ultimately give the ok for large investors to wet their beaks. The price will be much more stable at a much higher level. When the ETF is approved, no one knows. Many think sooner rather than later.
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September 24, 2018, 05:06:28 PM
 #50

Bitcoin now using world wide but its not totally stable. Its price always ups and down. So, undoubtedly for the investors  its very panic . To make fix this problem some steps can be taken,
1. Legal framework
2. Merchant adoption
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.


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September 24, 2018, 05:09:17 PM
 #51

For now, I haven't heard any solution to make the Value of Bitcoin Stable. But still, there are a lot of people willing to take the risk of Investing in it. because they know it's worth it.so it doesn't matter whether the price of Bitcoin is stable or not.

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September 24, 2018, 05:57:29 PM
Last edit: September 26, 2018, 06:31:05 PM by DeadCoin
 #52

Why do you want bitcoin to be stable. No use in it. Just imagine if bitcoin is going to be stable, no investors would pitch in. If no investors, there are very less chance for its growth. Crypto's tool is its fluctuation in values. The object would go in air if the value is going to be stable. Let the value grow up as per the coins circulations and demands.
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September 24, 2018, 06:05:04 PM
 #53

You can't make bitcoin stable, what is the point if bitcoin stable then traders will not have any income to get because there is no movement on bitcoin market. Thats why Bitcoin is volatile even though people think that volatile is a bad thing but that's what it is

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September 26, 2018, 06:47:21 AM
 #54

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?
You are absolutely right, it is our mistake to sell for getting only small profit and we think that it is enough and forget about the reality of performing in long term investment. We should avoid selling in low market for the improvement of price as well as we would be able to enter into high market where there we have a big opportunity to get huge profit but this is only possible if we treat it as long term investment.

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September 26, 2018, 07:09:30 AM
 #55

I think no one can do it because it all depends on the number of demand and bitcoin demand fluctuates greatly
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September 28, 2018, 01:22:48 PM
 #56

 I'm afraid Bitcoin cannot be stable as business keeps booming and peeps keep investing,thus the price keeps changing depending on the demand and supply.
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September 28, 2018, 02:16:48 PM
 #57

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?

In fact, I don not see anyway to stabilize or fix the prica or value of bitcoin, because it's ever so pre- cheap and that's going to happen through its buyers and sellers. That's why traders are moving the price and its value. And that would be depend I think on the demand of the patronizers then anyway, base on my knowledge about it.
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September 28, 2018, 02:23:35 PM
 #58

Regulation, I think, is the key. Unless bitcoin gets regulated, its price won't stabilize. Greedy people will keep on dumping and pumping to satisfy their thirst for profit. But sad to say, it'll never be satisfied, no matter how much money they extract from trading crypto. Another thing that's causing its high volatility is its uncertainty in nature. Unless it gets worldwide acceptance through legalization, FUD about it will be steered and will eventually cease, causing its price to stabilize.
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September 28, 2018, 02:35:54 PM
 #59

We need more long term investors.
The price fluctuates a lot is due to traders acting on it. If we all buy and hold, the price will be more stable and predictable.
The volatility then will go down when the market is calm.
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September 28, 2018, 02:41:00 PM
 #60

In my opinion, the thing we have to do to make the price of bitcoin steady again is by buying bitcoin that is still available so as to make the price of bitcoin rise again and stabilize.

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