Sebas.tian
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Hire Bitcointalk Camp. Manager @ r7promotions.com
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October 09, 2018, 08:41:07 AM |
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Having more people in this space does not necessarily mean that volatility will increase too. The market will remain divided into two--seller and buyer-- at any given instant. The buying power is also not the same for everyone.
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coolcoinz
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October 09, 2018, 09:47:30 AM |
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More people does not mean more volatility. It's exactly the opposite. More people mean better distribution and this counteracts volatility. If you have 100 units of something and 20 belongs to 1 person, 30 to another person and the rest is distributed among 5 other people. If each of these smaller holders sells the price will already move by a lot (10%) and if one of the big holders sell you could have a 30% swing. But what if each person got 1. 1 person selling would only mean a 1% move.
but the problem with bitcoin and altcoins is that there are many people who buy many coins and there are many people who buy few coins each person and this makes a small group own more than 80% of the existing coins. When such institutional investors enter the cryptos market, they will own enormous amounts of coins, they and a very small group that bought many coins to years ago will be the kings The way distribution works is that in time some of those big holders will spend their coins. There's no use in holding coins forever. When you spend to buy a house or whatever it is that you need the coins will slowly become spread between many other people. It's a long process but it is a sure and steady one. You're saying that many people buy few coins. It's true, but with the growth of value 1 coin will become divided between more and more people. There will always be whales but it's better to have that 50% not owned by whales distributed among 10 million people than 1 million.
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kvipcn
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October 09, 2018, 09:59:45 AM |
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One thing people don't get and understand about Bitcoin is that, once Bitcoin is been accepted and adopted as a mode of payment and an recognized currency worldwide, its volatility nature will be no more. The Bitcoin system will be somehow stable since a lot of people are using it for their transactions.
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Babylon
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October 09, 2018, 10:08:05 AM |
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I think it is true more people or investor more volatility , Because there would be more people in the market more people who could dump or pump the market.
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kvipcn
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October 09, 2018, 10:12:32 AM |
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I agree, more people more volatility like we can't really know what will the price, when will it grow or decrease. More people means bitcoin will last longer. More people means price will unpredictable and the system will grow.
How does more people cause an increase in the volatility of Bitcoin? More people using Bitcoin will cause and bring some kind of stability to the market value of Bitcoin, the price of Bitcoin is determined by the rate of demand and supply. With an increase number of people, both the demand and supply rate will increase causing some kinda equilibrium thereby stabilizing the price.
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crossabdd
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October 09, 2018, 10:14:23 AM |
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that's what is still being discussed. because of price volatility so it does not have a definite price basis. I think Bitcoin is actually just an example of a decentralized currency. and blockchain is real technology. but because bitcoin is already popular and widely used. then the state acts. the biggest problem now to be received in each country is because of its anonymous characteristics and volatility, so that bitcoin cannot penetrate the global official market. and become real currency.
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Ferki
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October 09, 2018, 10:17:54 AM |
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I agree, more people more volatility like we can't really know what will the price, when will it grow or decrease. More people means bitcoin will last longer. More people means price will unpredictable and the system will grow.
It´s opposite,more acceptance brings more people who get involved and more people brings more stability to Bitcoin and that means less volatility.Just wait till more banks join this train.
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bitfocus
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October 09, 2018, 10:40:43 AM |
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more people is more acceptance and adaptability, only nonsense people = volatility.
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coynedterm
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October 09, 2018, 10:51:33 AM |
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Lets assume bitcoin makes it through all the barriers and survives the rules and regulations of the governments and yet is decentralized. It is widely adopted and many people have started to use it. Bitcoin has grown to thousands/millions of dollars in price causing huge volatility.
If there are so many people using it on a daily basis, won't the volatility cause huge fluctuations in it's price ? If bitcoin has such huge volatility how will it be able to sustain it's price ? The fluctuations in price will cause problems to merchants. So according to what I think, if there is not a solution to volatility then BTC cannot be used on a regular basis for payments in various places of the world.
Eg: One day I go and check a guitar's price about $100 and then a week later I go to purchase it just to notice that I would have to pay more BTC this time just because of the drop in bitcoin's price.
Everything have two sided factor , at one side you will find that particular thing have at one side benefits but the same thing at another side leads into some side effect . Here if will consider that you are going through that thing which have not a better option in the future then how we can consider that you are in favour of cryptocurrency , here you are only showing your thinking to have cryptocurrency in general life and that is not a perfect option to use in general ( in your view ) . But why you are not thinking at another side , that , one day you bought a guitar and after some days you found that you need to pay more amount of btc that what you paid earlier for the same guitar ( because at one side if price of Bitcoin can fall then at another side pump will also take place that will give lots of opportunities to the holders ) . So it is a matter of time , here we just need to take attention over the positive and good benefits that we can have with cryptocurrency/Bitcoin . Otherwise if we will be negative then what about the haters .
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FrancePG
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October 09, 2018, 10:52:28 AM |
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Lets assume bitcoin makes it through all the barriers and survives the rules and regulations of the governments and yet is decentralized. It is widely adopted and many people have started to use it. Bitcoin has grown to thousands/millions of dollars in price causing huge volatility.
If there are so many people using it on a daily basis, won't the volatility cause huge fluctuations in it's price ? If bitcoin has such huge volatility how will it be able to sustain it's price ? The fluctuations in price will cause problems to merchants. So according to what I think, if there is not a solution to volatility then BTC cannot be used on a regular basis for payments in various places of the world.
Eg: One day I go and check a guitar's price about $100 and then a week later I go to purchase it just to notice that I would have to pay more BTC this time just because of the drop in bitcoin's price.
We will survive black Friday, which by the way today, I think we will survive everything else, perhaps even the prerequisites for it were in the previous couple of days, when there were decent fluctuations.
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passeroutpass
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October 09, 2018, 01:33:37 PM |
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Cryptocurrency have been of great value to traders due to their volatility. Thanks to these jumps get a good profit.
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charlotte04
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October 09, 2018, 01:35:59 PM |
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Lets assume bitcoin makes it through all the barriers and survives the rules and regulations of the governments and yet is decentralized. It is widely adopted and many people have started to use it. Bitcoin has grown to thousands/millions of dollars in price causing huge volatility.
If there are so many people using it on a daily basis, won't the volatility cause huge fluctuations in it's price ? If bitcoin has such huge volatility how will it be able to sustain it's price ? The fluctuations in price will cause problems to merchants. So according to what I think, if there is not a solution to volatility then BTC cannot be used on a regular basis for payments in various places of the world.
Eg: One day I go and check a guitar's price about $100 and then a week later I go to purchase it just to notice that I would have to pay more BTC this time just because of the drop in bitcoin's price.
And that is the fun inside crypto currency since you can really profit from that volatility for a short period of time. Crypto wouldn't be profitable in a short time if it is not volatile.
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hulla
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October 09, 2018, 02:13:00 PM |
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Yes, if bitcoin adopters or users increases to the level global uses there more volatility and fluctuations in price of the market but the volatility/fluctuations in price of bitcoin then will be positively not in the negatively/dump side because there will huge demanding and low supply of bitcoin then since it will be use for daily activities.
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gabmen
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October 09, 2018, 05:22:44 PM |
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Yes, if bitcoin adopters or users increases to the level global uses there more volatility and fluctuations in price of the market but the volatility/fluctuations in price of bitcoin then will be positively not in the negatively/dump side because there will huge demanding and low supply of bitcoin then since it will be use for daily activities.
Well the more users, the more hands to move the market obviously. Though i wouldn't be too sure that it's for a positive or negative effect since it can be both. New users, weaker hands. Same as how panicky newbies dragged the market down at the start of this year.
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norachuks
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October 09, 2018, 06:45:48 PM |
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I agree with you 100%, I don't want bitcoin to be a regular basis payment either and that's because of fluctuation but whatever bitcoin is the best.
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YouSeeMe - Bartcoin - Bartwallet ⚪ Infinite Possibilities ⚪ Pre-sale on Feb, 18
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hulla
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October 10, 2018, 09:31:31 PM |
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Yes, if bitcoin adopters or users increases to the level global uses there more volatility and fluctuations in price of the market but the volatility/fluctuations in price of bitcoin then will be positively not in the negatively/dump side because there will huge demanding and low supply of bitcoin then since it will be use for daily activities.
Well the more users, the more hands to move the market obviously. Though i wouldn't be too sure that it's for a positive or negative effect since it can be both. New users, weaker hands. Same as how panicky newbies dragged the market down at the start of this year. You're right about the new users been a weak hands and panicking but the tendency of the market to pump in price is higher than dump in price. Concerning this year market as you said, the new users are not t be blame because market manipulation was involved in last market and market correction is a must the following year which is what we are experiencing. Although, panic sell also happened but the cause of the whole scenario was the correction.
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kickdapa
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October 17, 2018, 10:00:07 PM |
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I can't agree with you, sorry! Because I think it's opposite. More good People more stable or more high price will happen for Bitcoin. I mentioned good people because we don't need fudder or quick money earner! They are not helpful for the crypto community, Quick or panic sellers are one of the reasons for the Volatility. If experienced and big investors come in the cryptocurrency platform and if they invest here their money and knowledge, I think bitcoin price will be high with stability.
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rodskee
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yahoo62278
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October 17, 2018, 10:25:13 PM |
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You had a point because more user more transaction made for every minute In and out transfer of funds have an affect to the bitcoin volatile movements The reason government want to make rukes and regulations for the entire cryptocurrency But mass adoption can help minimize of manipulation because the volume of bitcoin will divided into people
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chickenado
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October 17, 2018, 10:25:33 PM |
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I can't agree with you, sorry! Because I think it's opposite. More good People more stable or more high price will happen for Bitcoin. I mentioned good people because we don't need fudder or quick money earner! They are not helpful for the crypto community, Quick or panic sellers are one of the reasons for the Volatility. If experienced and big investors come in the cryptocurrency platform and if they invest here their money and knowledge, I think bitcoin price will be high with stability.
In that case of more volatility due to more people, it's not a big deal if that's the way bitcoin will become outstanding with it profitable aspects of demand. When there's a volatile situation it means people are actively doing trading. This helps the congestion eased and more orders will be sold, in order to bring fort to the circulation of supply towards the blockchain network.
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Finestream
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October 17, 2018, 10:26:12 PM |
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I can't agree with you, sorry! Because I think it's opposite. More good People more stable or more high price will happen for Bitcoin. I mentioned good people because we don't need fudder or quick money earner! They are not helpful for the crypto community, Quick or panic sellers are one of the reasons for the Volatility. If experienced and big investors come in the cryptocurrency platform and if they invest here their money and knowledge, I think bitcoin price will be high with stability.
I believe so.High volatility happens especially when there are panic sellers in this crypto world.They are one of the reasons why btc price keeps on dumping instead of pumping its price.I think if there will be mass adoption in the future,the price will always stays on top and will be stable in a peak price.
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