What can be done to make bitcoin stable?

[akram143]

Having a stable market would be a great for us because it can give boost the morale to all investors and to the future investors as well. We haven't seen yet a stability of bitcoin because of the volatility attached to it but i maybe a solution for that is a mass adaptation to all people and believe in crypto currency as well as for the government and banks to be involved as well. It may not be now or sooner but few years from now we can see what could bitcoin do.

The circulating supply of BTC has not been yet fully used which means it's value will continue to have a fluctuation. There are a lot of crypto users who made a transaction everyday which it is for now impossible to happen about this stable issue.

The most stable of cryptocurrency will definitely important, stability is not a matter for the development in cryptocurrencies all are possible at any time so we can definitely ready for them to face immediately without any delay that's why many people and much more profits in this field

[1714994704]

1714994704

[1714994704]

1714994704

[0t3p0t]

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?

Things that are meant, made and intended to be unstable aren't something that we need it to be done for us to just see something to be a stable one like Bitcoin prices. As we all know that volatility is it's nature not only Bitcoin but cryptos in general. I think unstable assets has the fastest rate of gains than those with stable like fiat money. The only problem with unstable asset is that we are prone to loss while in a stable asset gains could be so slow.

[romero121]

Bitcoin doesn't need to be stable, the uniqueness that's been observed over bitcoin is the price fluctuation. When it is stable it'll get termed as other traditional assets and there is nothing value of having it. To me bitcoin needs to be fluctuating, but it is easily manipulative which causes large scale price growth as well fall making the investors fear about it.

[jademaxsuy]

Nothing, Bitcoin market pricce will not be stabilize because it is decentralize in nature. We could not do something about it unless investors will stop investing and trading bitcoin. But, that will not going to happen. for there are lot of investors and traders in the market. You should not ask this silly question.

[wendiar19]

bitcoin prices will never be stable, because the price of bitcoin has a very limited supply of cryptocurrency, the supply of which is very limited, the price will always move up and down.

different from cryptocurrency which has a very large supply maybe the price will be more stable.

[zubrr51]

To make Bitcoin stable, you should introduce its regulation, which will allow to reduce volatility using legal methods.

[redsap]

well i think to make bitcoin more stable is to using more and more bitcoin as a transaction method not for an investement it can make the circulation being stuck and make the supply not rotate stable after all

[Shishir99]

Bitcoin price will be stable when everyone will have bitcoin.but it will be very tough.Bitcoin's price changes because of supply and demand in the market.When there is less supply and high demand price goes massively up and Vice versa.

[Sirait]

it's impossible to make Bitcoin prices stable because Bitcoin is a decentralizing coin, because from what I hear is if you want to make an item or anything so that the price is stable, then you must maintain the quantity so that it is always stable in the market. while the quantity of Bitcoin is only 21 million coins and it can't be more or less. CMIIW because this is just what I think 

[Johnsonyu]

The basic economic rules can be applied with price being determined by supply and demand. What makes the sippy of bitcoins unpredictable is bitcoin's
algorithm, with a constant stream of bitcoin distributed through block rewards that halve at a preset rate. This causes demand to fluctuate. The fluctuation in demand is not good for it has an effect on price, making it volatile. Volatility in price makes it hard for bitcoin businesses to grow. Also, When people see that there is increase in the price of bitcoin they will sell thereby causing its supply to increase and causing the price to fall asleep a result of its large quantity in the market. I think the only thing to make bitcoin stable is to peg its price.

[supine]

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 market price is driven by the market demand, so there's no way to control it. One event, news, or innovation in cryptocurrency can change the market completely. Investors and users dictates the value of cryptocurrency.

[Yusuf77]

To make Bitcoin stable, you should introduce its regulation, which will allow to reduce volatility using legal methods.

I don't think it will be able to make bitcoin prices stable, even though it is known by many regulatory people but it is still unstable. The price is stable, it continues and does not change, but the price of the coin is not stable, of course, everything can change at any time.

[Rustamm]

Continue to invest/hold, and avoid selling, maybe this way the price of bitcoin can be as stable. But we cannot rely on this method if only done by ourselves because bitcoin is global. After all it's very contrary to popularity which's owned by bitcoin.

If everyone will only buy and keep Bitcoin, nothing good will come of it. It will only senselessly increase in price, that is, swell like a financial bubble. And this, sooner or later, will lead to the emergence of panic and its depreciation. This is the path to nowhere. We do not need to strive to increase the price of Bitcoin. It is necessary to develop his ability as a means of payment. It should grow in price due to turnover, and not due to its retention, that is, the reduction of supply in the market. If the bitcoin supply on the market is significantly reduced, people will simply switch to using another cryptocurrency.

[Betwrong]

bitcoin prices will never be stable, because the price of bitcoin has a very limited supply of cryptocurrency, the supply of which is very limited, the price will always move up and down.

different from cryptocurrency which has a very large supply maybe the price will be more stable.

Using your logic, the price of Bitcoin should always go up because of the limited supply. But in fact we are dealing with a different kind of supply here. It is neither the current circulating supply, which is 17,334,250 BTC at the moment, nor the maximum supply, 21,000,000 BTC, is what matters regarding the price stability. What matters is the "supply" of Bitcoins to the market, or, in other words, the amount of BTC ready to be sold. When there will be only a few people holding excessive amounts of Bitcoins, their dumps will be no longer affecting the market, and the price of BTC will become "stable" in a sense that it will be steadily rising with a predictable pace.

[Xising]

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, for me, it's the support and steady movement of transactions. I many people would actually support it and do a lot of transactions, the movement would really help it gain more value and presence in the global market. Once that happens, it will become more open to be used and to be transacted by more people all over the world, and that will be the start for it to gain stability little by little since, unlike these days, it would seem that many people are choosing to keep their coins, and thus, the rate of transaction is really low, which affects the market greatly.

[hero1111]

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 is low now and when bitcoin price will get a real price we will see bitcoin price will be stable but I think it will take a long time and when 1 Satoshi will be 1 dollar bitcoin price can be stable.

[tegacoll86]

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.

If you're worried about your payment just withdraw them and keep in your pocket.There's nothing we can do to stable the bitcoin its not in our hands its volatile bitcoin born to increase and decrease that's why bitcoin is decentralized.

[BerneirBTC]

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 nothing you can do about that, sometimes it is stable and sometimes it is not stable. The price is stable right now for those of you that likes it being stable, time will also come it will get pumped and dumped too. So maybe when that times you can stay out of it and wait till things cools off and you can get back in again. But I like it the way it is and you don’t need to complain, you can be moving your funds to USDT or any of them stable coins.

[zhanyiguai261315]

BTC needs to be accepted and used by more countries to remain stable!
Only when the government allows BTC to be legal, people will use and accept it, which is conducive to the stability of BTC!

[Ycekezuv]

Are you sure that bitcoin needs to be made stable?  I think this is superfluous, because all its attractiveness is in volatility!