Herbert2020
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October 30, 2018, 05:54:56 AM |
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bitcoin will eventually become stable but it will never be a stable coin. stable coin has a different meaning and is called to coins such as Tether that are tied to another currency and are supposed to be worth the same as them for instance 1 Tether is supposed to be worth 1 USD. and that will never happen with bitcoin. but its price will be stable eventually and that takes years because first we need to reach mass adoption and with it price will continue going up.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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Rustamm
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October 30, 2018, 06:40:17 AM |
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Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.
This is still the price of Bitcoin and other cryptocurrencies seems stable. It is unlikely that this will continue for a long time. Especially now, in the last months of the year. I think the market will be moving soon. Cryptocurrency by its nature can not long stand still. Therefore, I would like to believe that this will be the rise of the market. |
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arikassuja
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October 30, 2018, 06:42:26 AM |
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bitcoin will not be able to become a stable coin because bitcoin has a very limited total supply of coins and has very high demand so that many who try to find and want to have bitcoin which is the influence of bitcoin will never be stable.
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perla
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October 30, 2018, 07:14:53 AM |
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Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.
But bitcoin as stable coin will make market volume not big and people will get bored. I think i will stay with bitcoin's volatile because it is which make market feel alive. Maybe other people also agree with this. |
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coinwizard_
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October 30, 2018, 07:18:58 AM |
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With the lack of price movement it may as well be a stablecoin, but it won't last for long. People will be dropping tether soon when the bull run begins
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Pursuer
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October 30, 2018, 07:57:40 AM |
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Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.
don't confuse this short term trend of bitcoin for the long term of what is happening. right NOW we are in a stable phase but this is not going to last. the over all trend of bitcoin is a rather speedy rise upwards. what you see here is the short term fluctuations. we have had the high volatility, the bubble and the panic sell and now we have the stability and accumulation. as for the title question, yes bitcoin will become a lot more stable some day in the future. but we are so far away from that day because there is still a lot of rise remaining. and a lot of way to go before bitcoin is matured. |
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bitcoinveda
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October 30, 2018, 08:24:01 AM |
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Bitcoin will be volatile as the demand increase BTC prices keep increasing it is very difficult to expect stable coins staus for bitcoin price keep fluctuating
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sultanGol
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October 30, 2018, 08:35:45 AM |
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One day, it might going to happen, we can see, that the volatility is not that enormous as some years ago. Maybe, what we experienced in the last 1-2 weeks, will be general in the future. But it surely takes time.
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Red-Apple
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October 30, 2018, 08:46:38 AM |
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you have to first ask the question about why the price of bitcoin is volatile now so that we can find the reason then afterwards try to determine whether this reason can go away or not.
in my opinion the biggest reason is the fact that bitcoin is being adopted and is on rout to mass adoption and also it is because of the fact that the exchanges which are determining the price are pretty small and that makes the swings that much bigger.
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hildacitra
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October 30, 2018, 08:51:37 AM |
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I guess you have been into memes on social media platforms and found it funny. Bitcoin won't become a stable coin, just because it is relatively stable at $6,300 - $6,500 it doesn't mean that it will change to a stable coin like USDC, USDT(not anymore).
It was $6,500 few hours ago and now it dips again went low to $6,300 so that answers your question.
It is right that what we see on market about bitcoin price doesn't mean the price is stable because principally Bitcoin and other major Crypto currency are volatile. Thus, do not think that is will be stable in in future. Indeed, for several recent months there is no significant movements of Bitcoin price. |
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sheenaedago
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October 30, 2018, 09:07:13 AM |
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One day, it might going to happen, we can see, that the volatility is not that enormous as some years ago. Maybe, what we experienced in the last 1-2 weeks, will be general in the future. But it surely takes time.
I am very hopeful that bitcoin will still become a stablecoin for how many years to come. In fact, bitcoin has a good and relevant asset we could resemble as we are able to invest or buy. And maybe it takes a long period of time before we could determine its stability, as the market price are grown steadily. |
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Wipangga
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October 30, 2018, 09:17:44 AM |
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for us the price of bitcoin is now also less stable, but I think at the end of the year it's likely that the price of bitcoin will rise again. because now the development of bitcoin prices is also increasing
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Shatterlean22
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October 30, 2018, 09:26:17 AM |
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This year alone has proven that bitcoin can easily be a stablecoin ,comevto think of it upon all the bad news from left and right this year as its still standing strong at 6k plus ,the result is impressive
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basyang
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October 30, 2018, 10:01:24 AM |
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Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.
For me, Bitcoin would not be stable because its nature to be volatile and we can not change it. I do not think in the future it will be stable because it has a reason why it is volatile and we can not predict when it will be rise or dosn again. Stability of bitcoin is a long discussion for all of us, for sure some are going to against and some are going to agree. Well, let we see in the future of it will stable or not. |
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Slow death
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October 30, 2018, 11:05:59 AM |
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Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough. But this can take many years to happen, I even venture to say that it could take more than 20 years for the price of bitcoin to become very stable. bitcoin is limited and still there are many people who do not know bitcoin and do not have bitcoin, so as more people are entering the world of bitcoin we will always see this volatility that we are already accustomed to. This year alone has proven that bitcoin can easily be a stablecoin ,comevto think of it upon all the bad news from left and right this year as its still standing strong at 6k plus ,the result is impressive this year we did not have much demand probably caused by regulations and the fear that people are having to lose money because they saw the price drop from $ 20,000 to $ 6,000 |
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tenakha
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October 30, 2018, 01:07:10 PM |
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If it doesn't help anyone, why do we need this? Think of BTC as a USDT, it will only help to keep the money you earn and also the stability of Bitcoin will already result in slower movement of prices. Stability is not a reason for acceptance and the reason why governments do not accept Bitcoin is not due to price volatility. These are just a guess and the future will show us what will happen.
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Michael_Cox
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October 30, 2018, 03:31:32 PM |
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The question is what good will it bring if the price of bitcoin becomes stable? More people will start using it? I don't think so. It's been playing around the same price the part months, still only few people are being attracted towards it. Businesses will start accepting bitcoin as payment? Maybe. Maybe not.
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Asger223
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October 31, 2018, 01:56:30 AM |
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As the base coin, it's a possibility. As bitcoin is the highest investing coin and the most renowned too, it got the better products under it and thus the profits are kinda consistent. So it might become a stable coin.
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ClassyDancer
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October 31, 2018, 05:38:42 AM |
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I believe bitcoin’s volatility will decrease as popularity of bitcoin (more holders) grows. Also, If in the future, the prices of products/goods are pegged only on crypto currency then the fluctuations will stop.
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arpon11
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October 31, 2018, 07:04:45 AM |
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Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.
There is no currency that is completely stable and that means we should not expect absolutely stability in cryptocurrencies and bitcoin's pricing. I come to understand of recent that USD from inception has not be stable and it has been going against or for any other coins in pricing. I believe that bitcoin in some days to come we would have some stability and 2019 the volatility is going to resume again. |
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