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Author Topic: What can be done to make bitcoin stable?  (Read 30339 times)
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November 04, 2018, 09:35:14 AM
 #341

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 we don't need bitcoin value become stable becausr we get profit from being volatile and unstable price of bitcoin. Maybe if it will become stable the investors will decrease that makes also the bitcoin value decrease because bitcoins value always depends on the demand and supply in the market.

Actually, bitcoin being volatile is what made it more lucrative to people as while you hold, the more it will grow. Of course you need to believe thus trust on it.
Perhaps, if we will see bitcoin to be stable it will just as boring as gold and it willbe just a plain currency.

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November 04, 2018, 09:38:35 AM
 #342

Nothing can be done. It is the volatility which has made investors to come here. if there is no volatility then no use of speculation.
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November 04, 2018, 09:38:46 AM
 #343

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 can not become stable. That is my own opinion. According to what I see in the Crypto market, this place brings together the dark components of society and they abuse Bitcoin for money laundering and manipulation to make money. This is a great power and you should not expect Bitcoin to be stable or have Bitcoin ETF funds appearing.

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November 04, 2018, 10:41:20 AM
 #344

when the sales and purchase volumes are relatively balanced maybe that is what is intended to be stable
and that is impossible because in every trade especially bitcoin will always experience changes in every second, minute and hour
and we can only follow market prices
what you convey is very true the development of crypto currencies depends on the investor itself because it is already the nature and risk of investing in crypto currencies the high demand I think can make the currency rise
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November 04, 2018, 10:42:40 AM
 #345

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 can not become stable. That is my own opinion. According to what I see in the Crypto market, this place brings together the dark components of society and they abuse Bitcoin for money laundering and manipulation to make money. This is a great power and you should not expect Bitcoin to be stable or have Bitcoin ETF funds appearing.

Well you have a point, but I think not all the time bitcoin was used in wrong doings, but I agree that bitcoin cannot be stable, it needs big changes to make it happen.
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November 04, 2018, 12:12:52 PM
 #346

   I think it can help a little in term of pressing the coins holding first, and may be misunderstanding of the holder of the coins we need awareness on how we should do,
   
   Like giving more coins sa block reward when the difficulty goes up would stabilize a bit the price as long as the bitcoin economy doesnt grow. Should it grow and barrier to entry be high ,then the price would goes up irrespective of that clever change.The central problem is the lack of awareness of condition outside especially the prices in fiat,theres no feedback for the which could allow an algorithmic solution.
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November 04, 2018, 12:48:13 PM
 #347

when the sales and purchase volumes are relatively balanced maybe that is what is intended to be stable
and that is impossible because in every trade especially bitcoin will always experience changes in every second, minute and hour
and we can only follow market prices
what you convey is very true the development of crypto currencies depends on the investor itself because it is already the nature and risk of investing in crypto currencies the high demand I think can make the currency rise

You are right, investors are the life of cryptocurrencies, if no investors then cryptos will have no value, and if no new investors come them price of cryptos will be hard to rise.
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November 04, 2018, 05:22:09 PM
 #348

Bitcoin is indeed stable when there are regulations regulating the cryptocurrency market. And the psychology of investors also plays an important role.

How can somebody regulate the decentralized cryptocurrency? I guess, the stability will come to Bitcoin when the majority of people will understand that they really need it and when they start to use it often.
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November 04, 2018, 05:55:42 PM
 #349

As a matter of fact, bitcoun price can never be stable not anytime soon as far as it's decentralized structure is intact.
It can only be stable if the structure is centralized which gives power or control over it and so price can be manipulated and all that.
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November 04, 2018, 06:07:49 PM
 #350

In the nature of Bitcoin and the way it's functioning is volatility so that can't be changed. Bitcoin price is not going to be stable and I.don't even think that centralization (that is not going to happen) could change that n
Besides I don't see any reason, beside some economic, that Bitcoin price should be stable. Volatility is something we all make money on.

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November 04, 2018, 06:10:30 PM
 #351

I think the only to get the Bitcoin price stabilized is when it's regulated by the government.
Regulations will make it possible for government to gain full control of Bitcoin and through that, Bitcoin price can be regularized .
But the issue here is can Bitcoin be regularized effectively?
The answer is no.

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November 04, 2018, 06:52:29 PM
 #352

Nothing can be done. It is the volatility which has made investors to come here. if there is no volatility then no use of speculation.
Agree with you idea we are investing because the price of bitcoin is volatile and we know if today it is not very high but tomorrow t will be very high, we should buy when it is red and sell when it is green if price will remains the same without changing I think people will lose their interest about crypto currency, according to me unstable price is the real attraction of crypto currency.

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November 04, 2018, 08:36:45 PM
 #353

I think bitcoin has been in a relatively stable state lately. In order for it to become completely stable, it must first be completely mined. And the constant stability of bitcoin is unreal. Because there are people (called whales) who manipulate the market.
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November 04, 2018, 10:39:15 PM
 #354

the cycle of bitcoin price movements is actually not much different from the market situation in the real world, where if the amount of demand is greater in bitcoin but the amount of supply is limited, surely the price will increase. if it is stable it seems difficult because the price continues to fluctuate cannot be predicted in advance, you can say for now the price of bitcoin is still stable around the figure of $ 6500. so if you have other capital you should return to buying bitcoin at this time, so that it will help a little bitcoin price increase.

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November 04, 2018, 10:49:21 PM
 #355

It seems to me that in this period the bitcoin has become too stable, so there is not much to do.
Rather, I have the impression that it is the classic "quiet that precedes the storm"
So the real question is "in what direction will the storm go?"

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November 04, 2018, 10:55:42 PM
 #356

of course legality and clear law about Bitcoin and if this is fulfilled then the price of Bitcoin will be more stable. and not only make the price of Bitcoin stable I think this will attract new investors too because their funds are safe.
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November 05, 2018, 05:51:28 AM
 #357

there will never be anyone who can make the bitcoin price movements stabilize because price movements are affected by buyers and sellers who want to buy and want to sell bitcoin, while at this time the influence of bitcoin prices can also be from good news and very high demand.

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November 05, 2018, 07:28:42 AM
 #358

I think when the amount of Bitcoin has reached its limit, it will gradually stabilize. At the same time, all governments accept Bitcoin.
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November 05, 2018, 07:59:37 AM
 #359

there will never be anyone who can make the bitcoin price movements stabilize because price movements are affected by buyers and sellers who want to buy and want to sell bitcoin, while at this time the influence of bitcoin prices can also be from good news and very high demand.

if bitcoin has been regulated, many companies and maybe the government will try to join in collecting as much bitcoin as possible from the profit / tax they receive, if the assets are owned by at least 30% of large investors, bitcoin will move to tend to be stable with significant holders. But this possibility will occur when the price of bitcoin is too expensive and not affordable.
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November 05, 2018, 08:46:19 AM
 #360

I think that it is really hard to make bitcoin more stable but i think it is not possible. from my point of view, if bitcoin is centralized, it will be more stable, just my opinion.
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