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Author Topic: Bitcoin now a stable coin?  (Read 12869 times)
ufaiz50
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June 16, 2019, 12:33:51 PM
 #281

This week's bitcoin market is like a stable, but bitcoin fluctuations remain large, and from year to year history shows a big change from a bitcoin value. In my opinion bitcoin is with a stable value only for this time or condition, fluctuations with requests that change and unknown amounts will remain.

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June 16, 2019, 02:51:17 PM
 #282

Maybe sometime Bitcoin will reach a level where its price stabilizes and it really will be called a stable coin.  It is then that more likely that Bitcoin will be used as a means of payment.  But today Bitcoin volatility attracts more cryptocurrency users who want to make a lot of money.  When Bitcoin is stable, it will lose more of the interest that exists today.
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June 16, 2019, 03:05:08 PM
 #283

By definition, Bitcoin cannot be a stable coin, and even this is not in the interests of users, as everyone hopes to get super-profit with Bitcoin.

Bitcoin is not stable and it may never be a stable one. Whales and traders will never make it a stable coin as they more unstable bitcoin is , the more whales can manipulate and earn a lot of money from it.
For the general public and consumer point of view, we need a bitcoin price to be stable so it can be used in sale and purchase of goods. The real use of bitcoin is to use it as a currency.
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June 17, 2019, 10:39:13 AM
 #284

Maybe sometime Bitcoin will reach a level where its price stabilizes and it really will be called a stable coin.  It is then that more likely that Bitcoin will be used as a means of payment.  But today Bitcoin volatility attracts more cryptocurrency users who want to make a lot of money.  When Bitcoin is stable, it will lose more of the interest that exists today.
I think it is the market playing games. You might get the value of Bitcoin stabilized at times and it would really alter around a particular point and would stay kind of steady. But the fact of volatility could not be ignored here and I think that Bitcoin is the best coin because of its volatility and this is also a reason of the huge speculation in the coin. So you cannot call it a stable coins all the time.
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June 23, 2019, 11:37:33 AM
 #285

stable no as you can see price are increasing over a 3 months period price have changed more how could you say bitcoin is stable
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June 23, 2019, 02:18:41 PM
 #286

It is completely unstable. It has increased from $ 9k - $ 11k4 in just 3 days. it is called excessive fluctuation compared to normal fluctuations. But we should really buy BTC at this time. Because when Libra coin appears, we will see the purchasing power of BTC is even higher and its value will increase to 18k $.

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June 23, 2019, 04:13:19 PM
 #287

what makes people interested in trading bitcoin is because of the very high volatility of bitcoin. therefore bitcoin cannot be a stable coin. because maybe if bitcoin becomes stable then bitcoin will be abandoned by the traders.
Price of bitcoin can be up and rise always it cant stay stable for a single minute as its price is changeable by each seconds and even it can be changed by a nano seconds.
This is why average people joined in the crypto ecosystem and the investment flow will follow the increased price of Bitcoin. Stable coins also have a new competitor, Libra will be a new threat against crypto ecosystem.
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June 23, 2019, 04:29:01 PM
 #288

what makes people interested in trading bitcoin is because of the very high volatility of bitcoin. therefore bitcoin cannot be a stable coin. because maybe if bitcoin becomes stable then bitcoin will be abandoned by the traders.
Price of bitcoin can be up and rise always it cant stay stable for a single minute as its price is changeable by each seconds and even it can be changed by a nano seconds.
This is why average people joined in the crypto ecosystem and the investment flow will follow the increased price of Bitcoin. Stable coins also have a new competitor, Libra will be a new threat against crypto ecosystem.
While Libra is a stablecoin it will not become a threat against crypto ecosystem since it is basically a crypto but the stable version and centralized.
People are worrying so much like libra will bring doom to the whole cryptocurrency community while in reality it is not.

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June 23, 2019, 04:35:01 PM
 #289

Bitcoin is now definitely not stablecoin, but a real version of digital gold and is already noisy in many media, so have time to buy at this price!
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June 23, 2019, 11:27:46 PM
 #290

bitcoin is not one of the stable coins, bitcoin is only stable in endurance systems. bitcoin will not be easy to scam and will not break easily even though it is in a severe dump and there is the potential to grow to high prices even though it's too late. but for the problem the price of bitcoin remains weak because when many large whales dump, prices will immediately drop in a fast period of time and it takes a long time to grow back.
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June 23, 2019, 11:45:40 PM
 #291

Bitcoin can be in the stable of its name but not in prices. Bitcoin still relying on the market demand and therefore, we can't expect for its stability rather than to expect a wide range of change anytime. We know it since before, in fact, we used this trend to earn more gains in every fluctuation we had.

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June 26, 2019, 10:42:11 PM
 #292

If Bitcoin became a stable coin, then interest in it would have disappeared instantly. Bitcoin is valued by the fact that its price is able to grow, this is what attracts more and more people to the world of cryptocurrency.

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June 27, 2019, 03:19:30 AM
 #293

If Bitcoin became a stable coin, then interest in it would have disappeared instantly. Bitcoin is valued by the fact that its price is able to grow, this is what attracts more and more people to the world of cryptocurrency.

The volatility of Bitcoin is influenced by many different reasons and if any trade war occurs, assets like Gold and Bitcoin tend to rise. In the last few days, the situation in the world is unstable so it is understandable that people who buy Bitcoin are understandable because Bitcoin can be the best legal means for you to keep assets. I personally keep an eye on Bitcoin value and will continue to hold it for at least 2 years because I believe that price increases will still happen and maybe by the end of this year Bitcoin price will reach $25,000

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June 27, 2019, 04:59:18 AM
 #294

bitcoin price always changing faster than altcoin for excample around 3 days ago bitcoin price move $100 just in one hour wow, it's absolutely unstable coin price man

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June 27, 2019, 05:31:20 AM
 #295

Only now I begin to understand that there is no better investment than Bitcoin and it is necessary to accumulate it to the maximum, a large number of companies, people use it and will not sell
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June 27, 2019, 06:15:40 AM
 #296

Only now I begin to understand that there is no better investment than Bitcoin and it is necessary to accumulate it to the maximum, a large number of companies, people use it and will not sell

Previously many people complain about the Bitcoin price because when the price is fluctuating many people comment on it negatively. So now people are showing some positive trend towards the Bitcoin, Bitcoin price can't be stable at any time we have to accept the fluctuations and upwards trend in the market.
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June 27, 2019, 06:43:05 AM
 #297

Well, it's enough to take a look at the price chart to make sure that Bitcoin is not gonna stop pumping and dumping. A lot of events in the crypto industry is happening regularly and at the same time, Bitcoin market cap is quite nothing compared to huge players like Dollar or Oil. So it's kinda OK that the price changes every time.
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June 27, 2019, 07:53:56 AM
 #298

Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

Bitcoin proved several times here the it is one of the number digital currency that always on top 1 in the market according to the coinmarketcap now it was more than 11, 000$ each bitcoin were it is already showed up that bull run was also already happened so far.
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June 27, 2019, 08:50:39 AM
 #299

Actually the strategy used to get profit, when we sell bitcoin up to usdt. Today's price of bitcoin starts to fall, we can use it to buy altcoins, because altcoin starts up again.
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June 28, 2019, 07:04:11 PM
 #300

bitcoin price always changing faster than altcoin for excample around 3 days ago bitcoin price move $100 just in one hour wow, it's absolutely unstable coin price man
Yes it is true price of bitcoin use to change it rise and fall, with number of investor price get higher, so it will be unstable, when it rises gives us an opportunity to buy some coins at low price, we actually don’t want it to become stable coin because the aim of investing our money it to get profit for better investing result we will have to wait for I to rise again.

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