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Author Topic: What can be done to make bitcoin stable?  (Read 30372 times)
becak mesin
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October 28, 2018, 10:21:10 PM
 #301

First we should understand factors that might influence Bitcoin prices then we can take actions or ways that probably can contribute to make its price more stable. I am gonna try to elaborate several factors that influence Bitcoin price then hopefully it can be a reference to take actions to create stability price of Bitcoin.
1. Bitcoin is influenced by issues or news information.
    News or information about bitcoin influence the stability especially negative information such government will regulate and controlled the transactions of
    bitcoin and politics decision taken by government about bitcoin. Therefore, it should be built positive information or issues to make it stable. 
2. Perceive Palue of Bitcoin Fluctuates
    Many people think that Bitcoin is like gold or the characteristics are same. This statement has been regulated and decided by the core bitcoin technology
   developer, in order to limit its production to a fixed amount of 21 million BTC. Of course this is very different from fiat currencies managed by the
   government. It is different from real fiat that totally controlled by government.
3. Small Option Value for Big Class Currency Investors
    Bitcoin volatility is also driven by holders of a large proportion of the total currency in circulation. Because, for bitcoin investors with ownership of about
    $ 10 million said that difficult to liquidate a large portion of bitcoin and turn it into fiat currency without moving the market. Therefore, bitcoin holders
    with big amount can manipulate and controlled the market.
4. Application of Taxes Affecting Price Volatility
    Bitcoin users or holders must record the currency market value of each transaction and no matter how small. In fact, this is what can cause some
    problems for users.

Those are several factors that influenced the volatile of Bitcoin price based on what I ever read, To me, if we are just a small holders of Bitcoin never think that we can influence the price, we are nothing than big holders or investors of bitcoin. What we can do is that create positive information about bitcoin, at least we take an action or contribution to support this development.
     

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Rana590
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October 28, 2018, 10:37:27 PM
 #302

There are some effective step to make bitcoin stable. First of all we should support bitcoin. We should avoid all the fake news about bitcoin. More and more investment on bitcoin is another step. We should avoid panic sell and should hold it with strong mind.
denuhaqiqi
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October 28, 2018, 11:05:22 PM
 #303

all depend on the user in the market, those who have bitcoin can give their role in the market in determining prices up or down. so it takes experience in understanding bitcoin on the market. many bitcoin fans, especially because they are tempted by the benefits that can be obtained from the market. there is always demand, which ultimately makes prices rise, and vice versa. I think, bitcoin won't be stable for a long time. it will still fluctuate.
Layers318
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October 29, 2018, 01:48:06 AM
 #304

Regulation is the only means to stabilize the price of Bitcoin on the market. Anyway, why do we seek the stability of Bitcoin price on the market? Have we forgotten that the volatile nature of Bitcoin is what brings about the profit for its investors. How can an investor make profit when the price remains still for years?

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juperos
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October 29, 2018, 01:55:24 AM
 #305

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 it is the hold of many big investors. Because only the new sale makes the price of Bitcoin decrease, Bitcoin also develops its value daily thanks to the volume of the market. And now we are holding quite well. Bitcoin prices have stabilized at $ 6k4 and have not fluctuated in a week.

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patarfweefwee
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October 29, 2018, 07:14:51 AM
 #306

Actually BTC's is greatly influenced by its supply in the market. The more supply, the more BTC will be instable. The one thing we can do so that BTC will stabilize is to buy and hold our coins. That is a view alot of people have. What i think we should do is to actually use our BTC to exchange it for services and others. The more a currency is circulated the more stable it becomes.

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October 29, 2018, 07:32:32 AM
 #307

There are some effective step to make bitcoin stable. First of all we should support bitcoin. We should avoid all the fake news about bitcoin. More and more investment on bitcoin is another step. We should avoid panic sell and should hold it with strong mind.
dont believed untrusted source,we often much fakes news spread by fake site that have no good reputation.and also we should to trainee our mental to face crashing market.

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Diego Maradona
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October 29, 2018, 09:27:47 AM
 #308

If you are familiar with the coding world, you may have heard of HODL. Some mainstream sources have said that HODL stands for "Hold On For Dear Life" - of course, this is completely wrong. Instead, the acronym stands for a satirical post from bitcointalk.org, in which a blogger discusses highs and lows of bitcoin trading.
HODLING means keeping the crypto coins you own, even if the market is falling until prices return. In general, I'm a long-term HODLer when it comes to coding coin that I'm very interested in - unless I change my opinion about the future potential of a crypto coin or token. Maybe you will not see me panic but sell out. Indeed, you can see me buy more!
However, many people do not like HODLing. They find themselves losing money, and - understandably - they do not like it. In addition to completely withdrawing from the crypto market, what will people do? So stable in Bitcoin depending on market fundamentals and investors.
Otsu
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October 29, 2018, 11:41:47 AM
 #309

If it remains decentralized system, there is no way for bitcoin's price becomes stable because that's the main benefits of this coin. People who have engaged with this investments already know that it is risky kind and highly volatile. Also, if this will be stablized, people have no chance to gain high profits in just a short period of time and probably not like to invest anymore.
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October 29, 2018, 12:57:28 PM
 #310

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 now the price of bitcoin is also stable, but stable in the selling value which is quite low compared to the previous price correction, I think the trust of the government to legalize bitcoin will help make the price of bitcoins stabilize, but it is the unstable and extreme movement that makes investors are attracted by the price movements that occur because they can get a lot of profit in a short amount of time if they can take advantage of the moment
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October 29, 2018, 03:21:24 PM
 #311

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 me, its good to invest bitcoin, because bitcoin now have popular now and have dignity, if you invest in bitcoin you need patience to hold your bitcoin not to sell cheap price. If many people invest in bitcoin i think bitcoin will rise again,, bitcoin cannot be stable because of people in the market sometimes dump and pump the price of bitcoin.

gonzadz77
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October 30, 2018, 06:20:21 AM
 #312

Bitcoin prices will never be stable, because bitcoin has a very strong influence from very limited supply and very high demand making bitcoin very difficult to be stable there will be price movements because of the influence of buyers and sellers interacting with each other.

Yes, bitcoin is known for its volatility and bitcoin price will never become stable, this made bitcoin very popular now. And because of big investors manipulating it, being stable will never happen.
there is no point in making bitcoin stable, with its fluctuating nature, bitcoin makes traders interested. basically if purchase and sale are same, price can be stable, but it is very difficult to control like that
There's no way to make bitcoin stable. If you're thinking that stop investing in bitcoin can make it stable then forget.
promich21
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October 30, 2018, 06:22:25 AM
 #313

Bitcoin prices will never be stable, because bitcoin has a very strong influence from very limited supply and very high demand making bitcoin very difficult to be stable there will be price movements because of the influence of buyers and sellers interacting with each other.

Yes, bitcoin is known for its volatility and bitcoin price will never become stable, this made bitcoin very popular now. And because of big investors manipulating it, being stable will never happen.
there is no point in making bitcoin stable, with its fluctuating nature, bitcoin makes traders interested. basically if purchase and sale are same, price can be stable, but it is very difficult to control like that
Making bitcoin stable mean truing it to useless currency. Ever know why people are attract to bitcoin ?because it has potential to increase and its highly violation makes people mind to invest in bitcoins.
johnine
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October 30, 2018, 07:27:09 AM
 #314

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 right, Bitcoin is unstable , so when you invest on it may sure you are willing to loss your investment or you are willing to loss half of your investment.Because Bitcoin is a term of holding and must a investors willing to wait for the price of it.
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October 30, 2018, 07:40:16 AM
 #315

Bitcoin unstable.. And it's not daily same the token value, when you are in the cryptocurrency and make some investment, and make sure you're willing to loss some of your money and willing to loss everything when it's not going to a good result. Because everything has a reason to loss and grab a lucky day when it's your lucky day.
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October 30, 2018, 08:15:09 AM
 #316

I think even experts don't have a concrete answer to that, probably they have something to tell but those are just theories. It's hard to make bitcoin stable because of its core principle of decentralization where it is built. No one is in control. Prices depends on supply and demand. It is unregulated.

asayoyaasa
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October 30, 2018, 09:58:32 AM
 #317

Ya, every currency is unstable especially cryptocurrency like bitcoin that so anonymous, but I think if want to make it stable it must be regulated like commodity, example gold.
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October 30, 2018, 11:29:26 AM
 #318

Bitcoin is indeed stable when there are regulations regulating the cryptocurrency market. And the psychology of investors also plays an important role.
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October 31, 2018, 05:50:45 AM
 #319

I probably say that bitcoin's price are not be going to stable because I guess that people are still investing on it because of profit so the price will going up and down every single day so there are no such details when bitcoin will stabilize and stable its value.
I have joined this forum and start learning about bitcoin a year ago. I remember it was some of my earliest threads that I have read here about decline of bitcoin and to be in hot water soon. But see here, there is nothing hard till now. People are still investing and trading with bitcoin and making good earning from it. It would not be demolished rather it will be the supreme currency in coming times.

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October 31, 2018, 06:10:42 AM
 #320

Ya, every currency is unstable especially cryptocurrency like bitcoin that so anonymous, but I think if want to make it stable it must be regulated like commodity, example gold.
yes, I feel that bitcoin has an unstable nature. that's what makes many people interested. a lot of things are trying to make the price of bitcoin stable, but it's very difficult, because I think bitcoin users are already widespread in the world and trying to sell the price at a high price.
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