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Boybugwal760820
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October 31, 2018, 08:14:15 AM |
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In my own opinion regarding this matter either bitcoin will stay relatively stable and become a stablecoin, all I can say is that bitcoin has a very volatile market value and no one really knows if when bitcoin will ever go up its market value again and same as no one knows if when it's market values go down once more.
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Bob Backlund
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October 31, 2018, 08:59:11 AM |
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Bitcoin is volatile and the current bitcoins value is just temporarily stable. BTC at the moment found itself at the support zone and at a time surprise it holders of it potentials to soar higher in the future. BTC is not relatively stable and cannot become a stablecoin.
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prtty2gal2
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November 02, 2018, 08:04:53 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.
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. Yeah, but the thing is that as the market matures the more and grow in adoption, the volatility will always get to reduce over time. For instance, I am sure if you have been in this space for a very long time, and considering the volatility now to that of the past, you will realize that a lot has really changed over the years, and that is how it will keep being as more people keep coming in, and over time, when we hit the level of mainstream adoption, it will basically not be as we are seeing it today, and maybe that is something you may just get to see from smaller markets. For now though, comparing to traditional assets, we are not even close at all when it comes to volatility reduction. |
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DeadCoin
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November 02, 2018, 08:20:35 AM |
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No it will not happen if bitcoin is stable means there is no use to invest in it. This volatility is normally happens in the market we cannot judge with that. Now the price of bitcoin is struggling to move next position, it will clear soon. No once market correction done bitcoin returns to its growth. Till that we have to wait patience. So don't judge bitcoin with current market price.
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LeGaulois
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November 02, 2018, 10:17:35 AM |
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As long people are speculating on, we will always see volatility (more or less). It's human nature, people won't stop to trade on and so the market ups/downs. Bitcoin will never be one of these coins. With Bitcoin at $50,000 with ups and downs at $1,000 during the days, people will say it's too much volatile, while it's volatile at the same level it is currently. No it will not happen if bitcoin is stable means there is no use to invest in it. This volatility is normally happens in the market we cannot judge with that. Now the price of bitcoin is struggling to move next position, it will clear soon. No once market correction done bitcoin returns to its growth. Till that we have to wait patience. So don't judge bitcoin with current market price.
But Bitcoin hasn't been created to be an investment type, |
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wuvdoll
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November 03, 2018, 06:39:09 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.
Not a chance at all. Bitcoin has always kept its volatile expect, it just not constant and all the time. Even during the 2017 year when price was at lowest 700 dollars it was 20 thousand dollars at most the price was semi-stable except the bull times. There are times the price just gets really high or low but all the rest of the time price is always stable and stands its price for a long time. I do not believe this stagnant market will continue forever, it will definitely change, maybe when the price hits something really high and the marketcap just hits to a new high that can't pass than it will stay there for a while however until than the price will keep on fluctuating. Maybe it won't happen 7/24 but it will always be around the corner, none of us will be shocked if the price doubles in a month, that is the curse and beauty of bitcoin. |
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Bitcotalk
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November 03, 2018, 07:54:40 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.
Bitcoin is not even that popular yet, considering the number of people aware of bitcoin, the number of users as well as the number of holders possibly to the whole population of the world entirely. Moreover, its stability will just be something that will basically be tagged with fiat, so in such cases, there will always be some short term fluctuations over time, but may not be as much as what we have now over time in the long run. I believe as time goes on, when we get to have more institutional players, mainstream adoption, the likelihood of seeing the space get more matured and not so volatile as it is today is there. |
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timerland
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November 04, 2018, 06:52:09 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.
Absolutely not. Bitcoin will stabilize in the future if its market cap continues to increase and the market matures, sure. But it will never become a stablecoin. A stablecoin has to be backed by something external, like the USD. Bitcoin is not backed by anything but its own value, which means that even if its value continues to stabilize in terms of USD, it will never truly be stable as it is not pegged to fiat currencies via a central pegging mechanism. That's honestly one of the advantages of using bitcoin as a store of value as well, it's completely separate from the fiat system and even though there is short term volatility, in the long run it should hold its value due to its limited supply. |
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Rune
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November 04, 2018, 10:29:19 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 way in the world bitcoin will be a stable coin LOL that is the most far fetched thing ive heard this coin will never be stable and thats a good thing for my wallet. well actually maybe it can be stable in like 50 years but I mean in a realistic time frame its going to be a wild ride |
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Shinpako09
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November 04, 2018, 03:00:44 PM |
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I don't think so. What you currently see on how btc playing in more or less than $6k is just for the mean time. This won't be forever and might grow this December. We are still far away in having a stable price or just a small swing in price or it might not going to happen because the supply and demand will always make the coin unstable.
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coinfinger
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November 05, 2018, 07:32:44 AM |
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No it will not happen if bitcoin is stable means there is no use to invest in it. This volatility is normally happens in the market we cannot judge with that. Now the price of bitcoin is struggling to move next position, it will clear soon. No once market correction done bitcoin returns to its growth. Till that we have to wait patience. So don't judge bitcoin with current market price.
Bitcoin is deflationary, decentralized and that makes it basically not controlled, so there is even no need going to the area of it becoming a stable coin when it is not actually tagged along or pegged with another asset. Bitcoin is a store of value, commodity, currency, asset or whatever you want to call it, but stable coin is not one of them. The fact that we have the current market going sideways is basically something that is normal in the short term, but I would not blame a lot of people who tend to refer to what is happening so far as stability, because they have limited knowledge of how the market actually operates. |
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geopolisch
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November 05, 2018, 08:16:31 AM |
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Bitcoin is volatile and the current bitcoins value is just temporarily stable. BTC at the moment found itself at the support zone and at a time surprise it holders of it potentials to soar higher in the future. BTC is not relatively stable and cannot become a stablecoin.
Probably, people need to understand the meaning of something before they even ask a question which in this case, I am not sure the OP tried to understand the meaning of stable coin before asking that question. Bitcoin is bitcoin, and even though we end up experiencing some level of decrease in volatility over time, which I believe is not even anytime soon, that does not make it a stable coin. A stable coin is a coin that is pegged to a physical entity, fiat or asset as the case may be and that is what makes it a stable coin. So, considering that because we are seeing some small fluctuation as stability is even absurd. |
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mornabo
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November 05, 2018, 09:23:57 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. You right, there is no permanent price in a stable condition even a strong currency like dolar can be hit by a crisis and inflation, let alone bitcoin that famous with fluctuating prices, stable prices are only temporary, don't be fooled dude. the price will definitely flare up again |
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bitbunnny
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November 05, 2018, 01:12:57 PM |
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Many are surprised with relatively long period of so called Bitcoin stability.
But such situation will not last for long because volatility is natural characteristic of Bitcoin price and can't vanish. Even now volatility is visible but fluctuations in price are small so this so called stability isn't real.
So, no Bitcoin will not become stable coin and no regulation orwill act of users will change that fact.
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buyinbtc
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November 05, 2018, 03:01:39 PM |
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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. The thing is, the higher the price, the harder it is to move it as more people are involved and it needs more funds. And it can be seen with bitcoin price because throughout the history the first pumps led to higher percentage increases in price than the more recent ones. From this a conclusion can be drawn that bitcoin will become more and more stable in the future and end up being as stable as, for example, dollar. |
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sorrysteve1
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November 05, 2018, 03:08:46 PM |
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In due course it seems likely bitcoin price will be relatively stable as there is a more consistent demand for it, but we are a long way from that stage, bitcoin would have to be established at that point and a main stay. Then its price would move similar to other established currencies, maybe up or down 10-20% in a year at most.
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Bessta
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November 05, 2018, 03:10:37 PM |
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It will take more years for btc to become stable coin.
Even Fiat currencies are not stable and so i think it goes also with bitcoin. Bitcoin's strength is its volatility. Many are enticed to invest with btc because they know it is volatile.
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UNOE
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November 05, 2018, 03:17:59 PM |
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It can become stable for a short amount of time but they can't be considered as stablecoins that's not going to work with Bitcoin since the price depends on the demand. Bitcoin will never be a stablecoin unless someone is willing to buy all 21 million at a fixed price.
In the future, once there's enough money in the crypto market Bitcoin can be less volatile because it won't be easy to clear multiple big orders from thousands of exchanges.
I am totally agree with this statements. I do not think that Bitcoin as a stablecoin is possible, exactly because of basic rule of supply and demand. With more adoption, Bitcoin will be more stable than past years, but it will never be stable like a stable coins. Even stable coins are not totally stable, great example for that is Tether. |
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Duogembrot
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November 05, 2018, 03:32:03 PM |
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it seems that there will never be a coin that can be stable, everything must have an up and down price movement which will be influenced by a very high demand, so a stable coin will show that the coin has no good development.
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icecube45
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November 05, 2018, 04:16:32 PM |
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Bitcoin is a very volatile digital currency, so it is not possible if bitcoin will become stable. The stable price of bitcoin as it is now in my opinion will not last long and bitcoin will return with a high level of fluctuations. In my opinion, the current bitcoin price is stable because the circulation is evenly distributed and the amount of volume has made fluctuations decrease, this has made prices stable for some time. So in my opinion this is only a while and not for a long time.
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