amphibian
Member
Offline
Activity: 210
Merit: 10
|
|
October 15, 2018, 01:28:27 PM |
|
Bitcoin can become stable if more investors channel their funds from the traditional trading platforms to the crypto world. Tentatively, it seems more people have their funds in the traditional trading platforms than the crypto trading platforms and this I think constantly fluctuates the price of bitcoin. In an instance where we have more people channeling their funds to the crypto world, I think bitcoin will perform well and would be stable.
|
|
|
|
Rooster101
|
|
October 15, 2018, 01:43:41 PM |
|
It is difficult to stabilize the price of a highly volatile cryptocurrency and always fluctuate rapidly. The Bitcoin price is the result of a free market and there is no central authority that could by order "pump money into the system". It can be stabilize temporarily if more people buy bitcoins and the market cap increases. With a higher market cap a single trade has a less effect on the price. When bitcoin attracts more users and investors, volatility will go down.
|
|
|
|
Betwrong
Legendary
Offline
Activity: 3402
Merit: 2217
I stand with Ukraine.
|
|
October 15, 2018, 01:47:36 PM |
|
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 can be done at the moment because we are still in the early stage of adoption. Anything, not only Bitcoin, can't be stable at this stage. We need much more Bitcoin users, 20 times more than that what we have today, who are willing to buy cheap coins when the price goes down. Only this way the impact of huge dumps can be mitigated to almost unnoticeable. Meanwhile, there's nothing wrong with the current instability, but many of the newcomers fail to grasp that unfortunately.
|
BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
|
|
|
Agniya
Jr. Member
Offline
Activity: 282
Merit: 4
dApps Development Automation Platform
|
|
October 15, 2018, 02:24:22 PM |
|
I think this takes time. It will put everything in its place. The formation of the market is always difficult.
|
▬▬▬▬▬▬▬⬢ Buddy ⬢▬▬▬▬▬▬▬ Decentralized Development Automation Platform ▬▬▬▬▬▬▬⬢ token.buddy.works ⬢▬▬▬▬▬▬▬
|
|
|
dat.ho12492
Jr. Member
Offline
Activity: 378
Merit: 1
|
|
October 15, 2018, 03:07:37 PM |
|
It is difficult to stabilize the price of a highly volatile cryptocurrency and always fluctuate rapidly. The Bitcoin price is the result of a free market and there is no central authority that could by order "pump money into the system". It can be stabilize temporarily if more people buy bitcoins and the market cap increases. With a higher market cap a single trade has a less effect on the price. When bitcoin attracts more users and investors, volatility will go down.
Indeed, stability can only be temporary, it never lasts so long and I only see that stability when whales want to control the market, they maintain bitcoin at a steady price then they can pump and dump quickly. In normal conditions, the story makes the price of bitcoin stable is impossible, when exchanges, buying and selling are ongoing, volumes and prices change constantly, can not fix prices with such a situation, and stable with bitcoin will never be a thing that people like, look it very annoying
|
▀▀▀▀▀█████████ CRYPTON ▬▬▬▬▬▬▬▬ ▬▬ Revolutionary Cryptocurrency Exchange
|
|
|
Rustamm
Member
Offline
Activity: 532
Merit: 18
Bitcoin lover!
|
|
October 15, 2018, 05:01:41 PM |
|
That who did not do, and Bitcoin cannot be stable by nature. Even today we could observe a very sharp increase in the price of Bitcoin to $ 7,500 and again, the restoration of its price to $ 6,630. There was a negative information about the USDT and it immediately began to drop and, apparently, buy Bitcoin Therefore, it is so temporarily began to grow in price. In order for Bitcoin to be stable in price, it would have to be centralized and adjust its price, which is unacceptable for Bitcoin.
|
|
|
|
waqasniaz007
|
|
October 15, 2018, 05:24:20 PM |
|
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 one can make the price stable because no one has control over it, people either short with leverage trading or long to make money. Price can even go to 1 million $ or 1000$, depends on demand and supply.
|
|
|
|
Kira_lapa
Jr. Member
Offline
Activity: 126
Merit: 1
|
|
October 16, 2018, 11:50:30 AM |
|
Such people invest in order to make a profit, and not for bitcoin to spread and strengthen. Few people are interested in the essence of the cryptocurrency market as a whole. Everyone is trying to seize the moment and improve the financial situation.
|
|
|
|
smile1218
|
|
October 16, 2018, 11:59:08 AM |
|
To have a stable bitcoin price or even much higher we need to continue to invest habitually and stop dumping the coins that is i think would help for the stability of the bitcoin market.
|
|
|
|
BartS
|
|
October 16, 2018, 08:04:30 PM |
|
Legalize crypto in some way and implemented trading regulations punish all that illegal on fiat money market trading Imagine daily flash crash on fiat market Now together with all that fake future it is most profitable way of making money on bitcoin
There should be a punishment for every manipulators and KYC should be done no matter who you are. But in reality, its hard for bitcoin to become stable because of so many reason. Maybe we should start learning on how to trade well in this volatile market. It is never going to happen, how many exchanges have know your customer policies? Almost every single one of them are asking for that information and yet many people are simply avoiding exchanges because they are not going to surrender their information to them, you cannot force people to do that because as we know cryptocurrencies were designed to avoid regulation as much as possible, so what you are proposing is simply impossible.
|
|
|
|
Zadicar
Legendary
Offline
Activity: 1456
Merit: 1025
DGbet.fun - Crypto Sportsbook
|
|
October 16, 2018, 08:25:03 PM |
|
Legalize crypto in some way and implemented trading regulations punish all that illegal on fiat money market trading Imagine daily flash crash on fiat market Now together with all that fake future it is most profitable way of making money on bitcoin
There should be a punishment for every manipulators and KYC should be done no matter who you are. But in reality, its hard for bitcoin to become stable because of so many reason. Maybe we should start learning on how to trade well in this volatile market. It is never going to happen, how many exchanges have know your customer policies? Almost every single one of them are asking for that information and yet many people are simply avoiding exchanges because they are not going to surrender their information to them, you cannot force people to do that because as we know cryptocurrencies were designed to avoid regulation as much as possible, so what you are proposing is simply impossible. We are in a world of cryptocurrency where most people are anonymous to each other that's why we can't do anything to someone unless we know who's behind of that address or what's their name. It's not like that unlike before on the internet everything now in the internet can be found mostly. There are regulations already that's circulating here but it a regulation of every country is different than here, so let's just leave it to the government it's their job.
|
|
|
|
bitcon
Legendary
Offline
Activity: 2212
Merit: 1008
|
|
October 17, 2018, 07:42:45 AM |
|
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?
For half a year, its price does not change as it was in 2017. Prices of the crypto-currency can't be stable. What's the point of stability if you can't play on growth or decline?
|
|
|
|
trauchot
Member
Offline
Activity: 1764
Merit: 10
|
|
October 17, 2018, 07:50:56 AM |
|
Perhaps bitcoin legalization would help, because, as we see, all official currencies are about at the same place, sometimes they fall and grow, but what is always happening with cryptocurrency, official currencies not have, so this is probably the only stable and correct option.
|
|
|
|
Helpme_please
Member
Offline
Activity: 633
Merit: 10
|
|
October 17, 2018, 08:02:27 AM |
|
Perhaps bitcoin legalization would help, because, as we see, all official currencies are about at the same place, sometimes they fall and grow, but what is always happening with cryptocurrency, official currencies not have, so this is probably the only stable and correct option.
legalization could be main issu for bitcoin price recovery.much people wait this moment could happen, but unfortunately government still keep silence about it.
|
|
|
|
sutejo
Member
Offline
Activity: 216
Merit: 10
|
|
October 17, 2018, 11:03:06 AM |
|
to support that Bitcoin is stable, perhaps the best for now is to increase our investment. Japan is a country that gave birth to bitcoin. The development of bitcoin in the country of its birth is certainly attractive to society, actually being a difficult year also for the development of bitcoin and other digital currencies.
|
|
|
|
syamster
|
|
October 17, 2018, 05:22:35 PM |
|
Such people invest in order to make a profit, and not for bitcoin to spread and strengthen. Few people are interested in the essence of the cryptocurrency market as a whole. Everyone is trying to seize the moment and improve the financial situation.
Of course everyone want this same as those I want the market to get better value because it is connected to my entire profit, price of bitcoin use to move which makes us get profit and if the price of bitcoin will be stable to our chance of earning will be very small, but we want income will be bigger with time, so I think we should not allow bitcoin to be stable let it grow and be bigger in price we well.
|
|
|
|
sidodadii
Sr. Member
Offline
Activity: 597
Merit: 250
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
|
|
October 17, 2018, 09:41:38 PM |
|
bitcoin have unstable price. but sometimes it can be stabl, stable is doesnt mean the price is xx so until 5 days the price is xx. it still.unstable but move little by little. if every person make order in xx, and every person buy in xx, and this do for 5 days, im sure the price will be stable. unstable price is because people.pum and dump, they want to create high or low value
|
|
|
|
﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
≈ WORLD POWER PRODUCTION ≈ | ██████████████████████ ██████████████████████████████ ██████████████████████████████████ ████████████████████████████████████████ ██████████████████████████████████████████ ██████████████████████████████████████████████ ████████████████████████████████████████████████ ██████████████████████████████████████████████████ ████████████████████████████████████████████████████ ██████████████████████████████████████████████████████ ████████████████████████████████████████████████████████ ██████████████████████████████████████████████████████████ ██████████████████████████████████████████████████████████ ████████████████████████████████████████████████████████████ ████████████████████████████████████████████████████████████ ████████████████████████████████████████████████████████████ ████████████████████████████████████████████████████████████ ████████████████████████████████████████████████████████████ ████████████████████████████████████████████████████████████ ████████████████████████████████████████████████████████████ ████████████████████████████████████████████████████████████ ████████████████████████████████████████████████████████████ ██████████████████████████████████████████████████████████ ██████████████████████████████████████████████████████████ ████████████████████████████████████████████████████████ ██████████████████████████████████████████████████████ ████████████████████████████████████████████████████ ██████████████████████████████████████████████████ ████████████████████████████████████████████████ ██████████████████████████████████████████████ ██████████████████████████████████████████ ████████████████████████████████████████ ██████████████████████████████████ ██████████████████████████████ ██████████████████████
| |
|
|
|
Wittycoin
|
|
October 18, 2018, 01:36:31 AM |
|
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?
To make bitcoin stable, then bitcoin must have rules and regulations, meaning, bitcoin must be made legal already. But there would become many negative effects.
|
|
|
|
princeyeboah
Member
Offline
Activity: 714
Merit: 14
|
|
October 18, 2018, 01:51:31 AM |
|
Bitcoin becoming stable means one thing. It will lose the feature of generating income for holding for long term. Remember, it is because of the volatility nature of Bitcoin that it can make a giant leap from $6k to $20k. Lets also acknowledge the positive side of the volatile nature of Bitcoin.
|
|
|
|
GREATLOVE
Member
Offline
Activity: 252
Merit: 10
|
|
October 18, 2018, 02:25:55 AM |
|
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?
What can be do to make bitcoin stable for me dont do anything just continue what are you doing now if your doing now and dont stop investing in bitcoin.
|
|
|
|
|