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Author Topic: What can be done to make bitcoin stable?  (Read 29575 times)
Nunoluck
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May 26, 2019, 08:00:31 AM
 #681

I think the price of bitcoin will often move quickly up and down because it is very difficult to see exchange rates in stable conditions for the short or long term so I often rely on bitcoin as my favorite investment place in terms of looking for income.although sometimes there are bad problems about crypto it doesn't make me give up easily to achieve success.
That because most of bitcoin transaction is only for trading purpose. Most of us only buy and sell bitcoin in the exchange site to gain profit. It will be different if we more often to use it in goods market. I hope there are more merchants who accept bitcoin as medium of exchange.

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May 30, 2019, 05:34:58 PM
 #682

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?
Only centralization and manual control of its price can make Bitcoin stable in price. However, this is unacceptable for Bitcoin, since one of the fundamental principles of its existence will be violated. Therefore, unregulated bitcoin will always have high price volatility. Moreover, the higher its price, the greater will be its volatility.

It means that nothing can be done to make it stable. Actually, traders are not eager to see Bitcoin stability - how will they make their operations to get profit if it happens? The volatility of BTC is its main feature.

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June 02, 2019, 04:14:23 PM
 #683

It is difficult to say, first of all, it is necessary to reduce market volatility. I see only one way, an increase in the volume of total money capital in Bitcoin. Perhaps when it reaches at least 10% of the total amount of money in the world, Bitcoin will be more stable, but I do not think that it will be completely stable ever.


 
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June 02, 2019, 05:18:36 PM
Last edit: June 02, 2019, 05:43:04 PM by WillyAp
 #684

We certainly live in uncertain times and BTC is some kind of new security for many.
Don't forget that some people bought or received BTC at 19k + US$, those who have not sold with a healthy loss regain
some of their trust now.

For those who what BTC stable there are commercial versions, often privately run.
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June 03, 2019, 08:58:41 AM
 #685

Decentralized Bitcoin can never be stable in its price and we need to get used to it. This is a feature of all decentralized cryptocurrency.
Bitcoin may appear to be stable in price only for a certain time, but then it will be subject to high price volatility all the same.
High price volatility of cryptocurrency is its advantage and disadvantage at the same time.
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June 03, 2019, 09:53:15 AM
 #686

It is difficult to say, first of all, it is necessary to reduce market volatility. I see only one way, an increase in the volume of total money capital in Bitcoin. Perhaps when it reaches at least 10% of the total amount of money in the world, Bitcoin will be more stable, but I do not think that it will be completely stable ever.
Stability is very difficult for Bitcoin. there is always a change in prices and also when there are news or issues that are raised the price movements will be very sharp. especially with the number that already has a limit and increase in the user every time.

 
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June 03, 2019, 10:43:17 AM
 #687

If we want to make the Bitcoin to be stable then we need to do only one thing that is accepting the Bitcoin legally by the people and also by the government otherwise there is nothing will change the development are the standard and stability of Bitcoin properly.

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June 03, 2019, 11:31:51 AM
 #688

The only option for the stability of Bitcoin is to increase its capitalization. With it a hundred times. When Bitcoin becomes the same popular currency as the dollar, it can not be moved a hundred points a day.

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June 03, 2019, 01:57:43 PM
 #689

The only option for the stability of Bitcoin is to increase its capitalization. With it a hundred times. When Bitcoin becomes the same popular currency as the dollar, it can not be moved a hundred points a day.
with the increasing number of legalities of course it will be increasingly difficult to manipulate the market. And this means that bitcoin will be more stable than at present. but for that it requires a long journey, patiently waiting


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June 03, 2019, 03:16:26 PM
 #690

I think the price of bitcoin will often move quickly up and down because it is very difficult to see exchange rates in stable conditions for the short or long term so I often rely on bitcoin as my favorite investment place in terms of looking for income.although sometimes there are bad problems about crypto it doesn't make me give up easily to achieve success.
That because most of bitcoin transaction is only for trading purpose. Most of us only buy and sell bitcoin in the exchange site to gain profit. It will be different if we more often to use it in goods market. I hope there are more merchants who accept bitcoin as medium of exchange.

But the reason why these merchants are not using bitcoin is because of its instability or its volatility. If bitcoin will be stable, surely a lot of people will be using it. No one knows what might be the movement of bitcoin is so they are unsure to accept it because they might lose their profit when it dumps. Another thing is the transaction fee.

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June 03, 2019, 03:26:22 PM
 #691

Bitcoin don't have a stable price  that the price will be fix so it will be change the price depends on the demand in the market. So if many investors come to invest bitcoin will have a good price.

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