Bitcoin now a stable coin?

[whirlcoin]

 Bitcoin is not a stable currency and we cannot make it AC stable currency also because it was the plus point for the cryptocurrency to develop if it was stable anyone. People will not get ready to invest in it and there is no used for them so stability and also development will needed for a currency to  except by the people.

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[akram143]

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

absolutely Bitcoin is more stable now when comparing to the previous year because the development is not enough for a currency to we stay for long period of time it could also be stable then only people will ready to invest their money to get the profit.

[wayaneka]

When price action of Bitcoin or others crypto stable or sideaway that mean the price prepare for big  move, the price can be will going up or down. Bitcoin when started tradeable already has high fluctuacion and this is will keep continue. When the price stable will be difficult to predict the next price movement so for the better avoid to trade in this situation.

[gilangIDR]

Bitcoin does have a much better level of stability compared to other cryptocurrencies. But when Bitcoin wants to be fully stable as a currency, it is necessary to have a regulation, regulation from the government will be able to make Bitcoin much more stable and have a strong position in a legal legal economic system.

[Cosbycoin]

Bitcoin might not be very stable now but you can’t compare its volatility to how it was some years back after the bull run, the fluctuation was high that many people were afraid of using it as ordinary savings or accepting it as means of payment but for sometimes now, lots of merchant have been introducing the coin as payment due to its stability which will intend join the group of factors that will contribute to the next bull run.

Right now, bitcoin is trading above $4k levels which is a lively proof that we will never have bitcoin as a stable coin at least for few more decades. I guess, bitcoin is seeming it has resumed its bull rally and lets wait where it will be heading.

[Thanasis]

When you look at the price chart of bitcoin even in monthly or weekly frame you can notice that there is huge volatile between them so it is not actually stable ever.Just lying at a region which is good when compared to the long bearish trend but soon it will change into bull market.

[BitcoinTurk]

Bitcoin has never been stable and will not be in the long run. In the last few months, due to the bearish effect, the money in the market has decreased considerably and the transaction volume continues to decline. The reason why the price moves at a certain level is the volume of transactions that are falling day by day, as the trading volume decreases and the volatility decreases. Low volatility is a good thing for the investor, but low volatility also decreases the profit margin of the investor and draws attention to determine the direction of movement. When volatility and trading volume are low, it is easier to control the price.

[eagle10]

At this point in time, bitcoin cannot be considered stable. Bitcoin is still highly volatile when trading even if he is the king of cryptocurrency because all the coins are still dependent on his movement. If the time comes bitcoin becomes steady and is less volatile, many investors will shift to other coins because bitcoin will give a little movement to give profit on their investment.

[Anies_Sandi]

Bitcoin does have a much better level of stability compared to other cryptocurrencies. But when Bitcoin wants to be fully stable as a currency, it is necessary to have a regulation, regulation from the government will be able to make Bitcoin much more stable and have a strong position in a legal legal economic system.

therefore to say that bitcoin is a stable coin, it cannot yet because the price also always increases and decreases, and bitcoin also has no rules made by the government so there are still many countries that have not legalized bitcoin

[CoinCollect]

Bitcoin looks stable now, but it's only now. Anything can happen and its price will rise again or significantly fall down. Investing in cryptocurrencies is still risky because the market is still volatile.

[ajdaj]

Bitcoin looks stable now, but it's only now. Anything can happen and its price will rise again or significantly fall down. Investing in cryptocurrencies is still risky because the market is still volatile.

If the cryptocurrency market becomes stable, then it will lose its appeal to the majority of speculators, who are currently very large investors in cryptocurrency. In any case, there will be only enthusiasts and real investors in certain projects, which themselves will give a very good income, even without trading their coins.

[Lanatsa]

Bitcoin looks stable now, but it's only now. Anything can happen and its price will rise again or significantly fall down. Investing in cryptocurrencies is still risky because the market is still volatile.

If the cryptocurrency market becomes stable, then it will lose its appeal to the majority of speculators, who are currently very large investors in cryptocurrency. In any case, there will be only enthusiasts and real investors in certain projects, which themselves will give a very good income, even without trading their coins.

Crypto do become a safe haven for big investors yet volatility is the main reason why they are here.Utilizing movements on making easy money but this is
only applicable to those market makers or even on simple traders or investors who do really know on how to get in and get out on a certain situation.
Bitcoin has never been stable.

[ChrisPop]

Haha.. yeah we didn't have much volatility in the recent time, but this should give you a warn sign that a big move is incoming. Meanwhile you can try and scalp the ranges, but be careful and practice good risk management as the orderbook it is quite thin and can be easily cut through.

[spadormie]

Bitcoin will never be a stable coin. This coin is very volatile and it makes the price go play at every position. So, the answer to your question is no. Bitcoin will never be a stable coin and the price will go up and down.

This is what many investors are coming for, volatility. But because of the volatility of bitcoin, it attracts many investors. Volatility speaking, with high risk comes high results or high lost. This is how volatile bitcoin is.

[bitbunnny]

No, Bitcoin isn't stable and it will never be. You can't judge only related to current position, this is only temporary phase.
Volatility is in Bitcoin nature and actually price changes all the time but sometimes this is hardly visible. Sooner or later price will change on a larger scale and then the true nature of Bitcoin volatility will come in the light.

[MidnightWolf]

No, Bitcoin isn't stable and it will never be. You can't judge only related to current position, this is only temporary phase.
Volatility is in Bitcoin nature and actually price changes all the time but sometimes this is hardly visible. Sooner or later price will change on a larger scale and then the true nature of Bitcoin volatility will come in the light.

I fully agree with you. And that is why I consider Bitcoin a really very good investment, which will bring good income during long-term storage. But for daily trading, especially now it is better not to use Bitcoin. Very risky will be the opportunity to earn on the difference in price.

[mersal]

I also seen more than development there is some stability will there this is the important thing for everyone to be a better investors because if your country is more stable than before the people definitely interested and that to invest so that we are chances also for huge development in this year.

[peter0425]

No, Bitcoin isn't stable and it will never be. You can't judge only related to current position, this is only temporary phase.
Volatility is in Bitcoin nature and actually price changes all the time but sometimes this is hardly visible. Sooner or later price will change on a larger scale and then the true nature of Bitcoin volatility will come in the light.

Definitely, bitcoin and stable doesn't work together, specially when bitcoin became a store of value and a currency. Maybe we can see it stabilizing right now because of the constant pushing/pulling of the bear/bulls which makes the market trade sideways. But it doesn't mean it will be a stable coin and it will never happen even in another 10 years or so.

[hipSter]

Bitcoin just can't be stable. First of all, because of mining and increasing amount of coins. Secondly, there is no any organization that keeps the price stable (to buy it and sell in every amounts).

[shesheboy]

Bitcoin just can't be stable. First of all, because of mining and increasing amount of coins.

Mining does not increase the coin but it lessens the supply of bitcoin  . bitcoin is now  becoming stable lately but the real bio of bitcoin is known to be a highly volatile type of crypto  .

Secondly, there is no any organization that keeps the price stable

We wont know if there is an organization created lately thats aims to stabilize the value of bitcoin but there is what you callled a crypto whale that constantly buy and sell in order for them to controll and manipulate the crypto