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Author Topic: What can be done to make bitcoin stable?  (Read 30339 times)
suzanne5223
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November 08, 2018, 04:10:04 AM
 #381

I think when the amount of Bitcoin has reached its limit, it will gradually stabilize. At the same time, all governments accept Bitcoin.
No, these two factors - the extraction of almost all or all bitcoins and the legalization of cryptocurrency by the states will in no way affect the greater volatility of the bitcoin price. The price of bitcoin, as well as the entire decentralized cryptocurrency is formed solely on the relationship between supply and demand, and they will never be stable, because there are a lot of participants on the market and they all perform different actions. Since the course of Bitcoin is not supported by anyone, it will always show its high volatility.
I did agree to what you said because bitcoin will never be stable even if all government accept since it price stability lies on the level of demand/supply and another one thing is that it seems like some cryptonier dont want to face the reality of crypto currency protocol.

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November 08, 2018, 05:12:54 AM
 #382

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, if satoshi or other developer can make to stable.
 the price they do it a long time ago. But until now, the price of it is stable because I think they developed it in that concept and we can not change that and it is the nature of bitcoin we just need to follow it and stop stressin yourself to think that you can find a way to make it stable. Just think a strategy on how you will succeed of this kind of industry when the price is unstable.

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November 08, 2018, 05:24:15 AM
 #383

One of good things to make bitcoin almost stable , because there are many factors that can make bitcoin stable , but we can deny that there are many who are greedy and they only look for themselves and not others, so concerning the welfare of all and act to help others , proper selling and buying of coins in the market.

When money is involved, there is no "stable". All things that have value flactuates from time to time even exchange rates of real world currency to currency. But if stable means moving in a range then it is possible but only small chance to happen

 
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November 12, 2018, 04:59:30 AM
 #384

According to me making BTC stable is not an easy task and moreover it can't be stable at all.Fluctuations  are very common in cryptomarket.We should support  bitcoin and try to promote it.We can simply say one think that stability is not at all possible in case of bitcoin.No one can control the price of btc.

Exactly. As I think that bitcoin is notoriously volatile, we hardly stablize its fluctuation because volatility is the main feature of the whole crypto market, so does bitcoin. Moreover, as we all know that when it comes to bitcoin market, probably it covers a great number of people. However, most importantly, not all the people in this market have a wealth of knowledge or a good experience in order that they can control their act while they are in market doing trading, investing or something like that. Like while you are patient, you keep holding and waiting, others are trying to sell low. I therefore suppose that no one can give a solution for a stable market.

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November 12, 2018, 06:04:24 AM
 #385

I notice something as regards bitcoin. There is a large number of people that enter or leave the market. It is these people that make the price of bitcoin to be unstable. To stabilize it bitcoin must become  centralized that's it is one body that will be in charge of regulating it.
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November 12, 2018, 06:43:01 AM
 #386

One of good things to make bitcoin almost stable , because there are many factors that can make bitcoin stable , but we can deny that there are many who are greedy and they only look for themselves and not others, so concerning the welfare of all and act to help others , proper selling and buying of coins in the market.

When money is involved, there is no "stable". All things that have value flactuates from time to time even exchange rates of real world currency to currency. But if stable means moving in a range then it is possible but only small chance to happen
when stable means the market is in a consolidation area, and that means large movements will occur. and is usually characterized by a breakout that penetrates support or resistance

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November 12, 2018, 06:57:34 AM
 #387

I guess bitcoin will not be stable as we would like it to be. In the first place bitcoin is volatile which means the value has no fix rate, it changes every time market moves. So it is best for us to do is to have our full support over bitcoin and promoting it to gain more investors that are willing to put up investments. Most importantly to stay away from FUDs and keep holding.

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November 12, 2018, 09:25:32 AM
 #388

One of good things to make bitcoin almost stable , because there are many factors that can make bitcoin stable , but we can deny that there are many who are greedy and they only look for themselves and not others, so concerning the welfare of all and act to help others , proper selling and buying of coins in the market.

When money is involved, there is no "stable". All things that have value flactuates from time to time even exchange rates of real world currency to currency. But if stable means moving in a range then it is possible but only small chance to happen
when stable means the market is in a consolidation area, and that means large movements will occur. and is usually characterized by a breakout that penetrates support or resistance
stable or in order word equilibrium level, become sign for next price movement.is it continue bearish trend or even break out stable zone and make reserval become bullish trend.
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November 12, 2018, 12:48:24 PM
 #389

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 stability of the price of bitcoin would depend on the investors if they will continue to invest or not the more people will invest the higher the price would it become. No one can really control the price to be stable.

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November 12, 2018, 04:01:22 PM
 #390

no one can make bitcoin stable, unless there are rules governing the price of bitcoin, cryptocurrency is very volatile, difficult to control to be stable. or maybe only the creator of bitcoin can make bitcoin stable.

Why make Bitcoin stable? I like it when Bitcoin is growing and I can get a good profit from it. Of course sometimes there are price drops but thanks to the fans it continues to grow upwards.
         
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November 12, 2018, 04:42:14 PM
 #391

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?

Right now, the market has entered a stage of stability. Major players do not make sudden movements. I think this is due to the fact that large investors bought bitcoin at a price within 6k. So now nobody wants to sell, but they also do not want to buy. In addition, the market has long been waiting for the upward movement.

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November 12, 2018, 04:43:15 PM
 #392

By asking this question you're assuming everyone wants bitcoin to be stable, but most don't. Also it won't ever be stable. Since it's based on demand.
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November 12, 2018, 06:46:52 PM
 #393

In fact, I find it hard to imagine that the price of bitcoin can be stable for a long time, given that it depends on supply and demand. Few are interested in this, as price volatility can contribute to profit.

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November 13, 2018, 06:29:19 PM
 #394

Possibly the developers will not agree to that scenario, but in a sense that the stability might not help totally in stabilizing the price. However stabilized price didn't have a huge part in making a profitable market price, and if this increasing price will happen you tend to see a well developed price as well.
And you make a very good point, it is true that those that want to use cryptocurrencies as currencies want stability more than anything, but most of the people in the market are interested in the volatility, because the greater volatility of the market the greater the profits that you can get if you are very skilled at trading or investing, so they are not going to like a development like that and are probably going to move to another coin.
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November 13, 2018, 07:08:06 PM
 #395

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 be a stable number with crypto currency I think it is very difficult because the development of crypto currencies is also influenced by the investors themselves, in conditions like this investors' confidence and patience are very much needed in the development of the crypto currency of course
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November 14, 2018, 07:17:25 AM
 #396

no one can make bitcoin stable, unless there are rules governing the price of bitcoin, cryptocurrency is very volatile, difficult to control to be stable. or maybe only the creator of bitcoin can make bitcoin stable.
Even they can’t make good movement here. bitcoin can be controlled hence called decentralized. No one authority can control it, either it is government or some national supreme institution. So be regular with it. Bitcoin is always volatile in nature. You can’t take it as stable currency like dollar or some others. Digest these facts as soon as possible.
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November 14, 2018, 08:33:52 AM
 #397

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?
As of now, bitcoin value is stable and there is no proof that bitcoin will rise up this year, even a little sign that can be possible for bitcoin to recover its price even a little but I don't see any movement.
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November 14, 2018, 08:51:22 AM
 #398

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?
As of now, bitcoin value is stable and there is no proof that bitcoin will rise up this year, even a little sign that can be possible for bitcoin to recover its price even a little but I don't see any movement.
well, I think it's very difficult to make the price of bitcoin stable. so much effort has been done, but we cannot control people to sell the coins they have, or buy the coins they want. it makes the price of bitcoin unstable.
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November 14, 2018, 12:07:56 PM
 #399

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 and other crypto currency the continuous investing and believing in crypto currency should be done to keep the market going.

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November 14, 2018, 12:24:25 PM
 #400

Right now, Bitcoin has been stable for more than 4 months which is pretty impressive.

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