Bitcoin now a stable coin?

[bitcoin31]

Bitcoin is volatile so it means they change the value anytime is either rising or falling, but as of now price is stick tot he price od $5200 each and still good even a little bit change we expeienced decreased last few days ago. Bitcoin will be stable once we reached again more higher value not stable to the low value but we want stable price at higher price.

[alan2here]

Bitcoin is volatile so it means they change the value anytime is either rising or falling, but as of now price is stick tot he price od $5200 each and still good even a little bit change we expeienced decreased last few days ago. Bitcoin will be stable once we reached again more higher value not stable to the low value but we want stable price at higher price.

Everyone wants Bitcoin value to increase this year but panic sale has not ended yet, making this trend very unlikely. I think the market is always going up unexpectedly and it is very difficult for us to predict what price will be achieved because everything happening in the market has its own reasons and we are just small investors in this market. Making money is what we are doing every day but can be seen in 2018, everything we invest is useless when the downward trend continues for a long time.

[Kasabus]

Bitcoin is volatile so it means they change the value anytime is either rising or falling, but as of now price is stick tot he price od $5200 each and still good even a little bit change we expeienced decreased last few days ago. Bitcoin will be stable once we reached again more higher value not stable to the low value but we want stable price at higher price.

I don't expect it will be literally stable anytime soon.
Bitcoin's volatility is its norm, from the start, its already volatile and that also affects the altcoins in the market.
We can look at the history of bitcoin, a price pump and dump of 20 to 50% is just normal, it could happen in minutes or in hours.

[ApocalypseNow]

Honestly, I will never like btc if that happens for a long time. But bitcoin isn't going to be a stable coin because it will be a world currency just like the dollar which sometime increase and sometimes fall which depends on the state of the economy. Just picture how boring the market will be if btc won't make huge moves in 5-10 years.

[legenduim]

I don't think Bitcoin is a stable coin because the value of Bitcoin changes constantly. This is shown through the years Bitcoin price increases gradually. Therefore Bitcoin is always of high value and not a stable coin.

It is the most expensive cryptocurrency for now (and for long). However, its volatility is great. Due to its price changes, the other cryptos prices are not stable as well. Bitcoin is the leader, but it is not stable.

[redsun114]

I hope that by now you have realized that it is not a stable coin. That do happens at times, whenever it is dropping there are times it will get to a certain price and it will become stable at that price and make people think that as the bottom price, before you know it starts to go down again. The same with how it goes up, just like it has been in $5,400+ recently and seemed like it is stable and sometimes it goes downwards making you think it is going down before you know it climbs to another higher rate with speed.

[princerepon]

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

at this moment i think so. bitcoin is now much stable coin than last years. last year people thought it's over for bitcoin but we all know bitcoin didn't come for gone. now after couple of correction bitcoin too much stable than ever. people start invest on bitcoin and market going in green again.

[Cosbycoin]

Honestly, I will never like btc if that happens for a long time. But bitcoin isn't going to be a stable coin because it will be a world currency just like the dollar which sometime increase and sometimes fall which depends on the state of the economy. Just picture how boring the market will be if btc won't make huge moves in 5-10 years.

It is actually difficult to determine if the dollar is going up or the currency you measure the dollar in is gaining value. Plus in addition, Bitcoin growth is not determined by the rise of fall in the value of dollar but purely by how much the demand for the coins rise. Market forces are the ones that do so. Speaking furthermore, since there is a cyclical way in which the market works, BTC will both go up and down with the passage of time.

[TheUltraElite]

at this moment i think so. bitcoin is now much stable coin than last years. last year people thought it's over for bitcoin but we all know bitcoin didn't come for gone. now after couple of correction bitcoin too much stable than ever. people start invest on bitcoin and market going in green again.

Year 2017 was the biggest rise of bitcoin. Last year that is 2018 was more or less a stable phase at 6k USD and the long bear market. What we talk about as volatility the daily change in price during last year was around 1-2% and that does not make the price too volatile. What was previously going on can be considered volatile at times but not always.

I dont think this this is a bad time to invest but a good time but today the market was a bit greed so probably the good price to enter would be 5.5k USD is that is touched.

[semobo]

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

at this moment i think so. bitcoin is now much stable coin than last years. last year people thought it's over for bitcoin but we all know bitcoin didn't come for gone. now after couple of correction bitcoin too much stable than ever. people start invest on bitcoin and market going in green again.

But it is not a coin like USDT.

Bitcoin is showing steady growth this year than the 2018 which doesn't mean it is a stable coin it is the better coin.

[H0USE]

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

at this moment i think so. bitcoin is now much stable coin than last years. last year people thought it's over for bitcoin but we all know bitcoin didn't come for gone. now after couple of correction bitcoin too much stable than ever. people start invest on bitcoin and market going in green again.

i still think BTC will never become a stable coin, when the ctypocurrency market is too small and BTC is the only top crypto worthy for long term, so as much as people try to use Bitcoin to pump and dump, it will always unstable , maybe when the down trend market happened recently, we can see the price of BTC did not have much growth or drop.

[iv4n]

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

at this moment i think so. bitcoin is now much stable coin than last years. last year people thought it's over for bitcoin but we all know bitcoin didn't come for gone. now after couple of correction bitcoin too much stable than ever. people start invest on bitcoin and market going in green again.

i still think BTC will never become a stable coin, when the ctypocurrency market is too small and BTC is the only top crypto worthy for long term, so as much as people try to use Bitcoin to pump and dump, it will always unstable , maybe when the down trend market happened recently, we can see the price of BTC did not have much growth or drop.

Of course bitcoin will never be a stable coins, and I can`t see any similarities like OP can, and with tether, the exchange coin. There are good coins with potentially great future, that`s why this thread is trolling, guy compared bitcoin and tether, is that possible?
There is no help for him, in any way. Back to basic if you really think that bitcoin can compared with tether, back to basic if you think that someone can help OP to recover from his stupidity.

[Fredomago]

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

at this moment i think so. bitcoin is now much stable coin than last years. last year people thought it's over for bitcoin but we all know bitcoin didn't come for gone. now after couple of correction bitcoin too much stable than ever. people start invest on bitcoin and market going in green again.

But it is not a coin like USDT.

Bitcoin is showing steady growth this year than the 2018 which doesn't mean it is a stable coin it is the better coin.

It's a better one compared to any available cryptos, it isn't stable even we are seeing small movements, the market is always an opportunity insides the investors minds, take advantage of flat movements as you won't be able to see it back when the bull begins to rush out and run strongly inside the market.

[pant-79]

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

I don't see a parallel between Bitcoin and any other stable coin. Stable coins are those cryptocurrencies that are designed to achieve the common goal of providing a stable means of savings. And Bitcoin was not originally developed for this purpose. Therefore, at the moment and with these requirements for cryptocurrencies in general and the characteristics of stable coins Bitcoin doesn't meet the requirements for stable coins.

[Jating]

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

I don't see a parallel between Bitcoin and any other stable coin. Stable coins are those cryptocurrencies that are designed to achieve the common goal of providing a stable means of savings. And Bitcoin was not originally developed for this purpose. Therefore, at the moment and with these requirements for cryptocurrencies in general and the characteristics of stable coins Bitcoin doesn't meet the requirements for stable coins.

Of course, it's very obviously that there are no correlations between bitcoin and the rest of the stable coins.

For one, the volatility, second who in the hell invest on a stable coin? I mean bitcoin has it's up and down but if you are a holder, you don't need to hedge your bitcoin to stable coin.

So there's so similarity whatsoever, and we have different markets as well. I don't know if you guys have experienced it, but one drawback is that the fees of withdrawing a stable coin is exorbitant, not good for crypto enthusiast.

[Labumi]

Of course, it's very obviously that there are no correlations between bitcoin and the rest of the stable coins.

For one, the volatility, second who in the hell invest on a stable coin? I mean bitcoin has it's up and down but if you are a holder, you don't need to hedge your bitcoin to stable coin.

So there's so similarity whatsoever, and we have different markets as well. I don't know if you guys have experienced it, but one drawback is that the fees of withdrawing a stable coin is exorbitant, not good for crypto enthusiast.

when the price of bitcoin is already very reasonable, the cost of withdrawal will be very expensive because as happened some time ago when the price of bitcoin touched a price of $ 19k, bitcoin transactions became crowded and it was very difficult to be able to send bitcoins sending bitcoin quickly.

[TheUltraElite]

But it is not a coin like USDT.

USDT came after bitcoin because of a so-called "need". That need was actually fake and a cover-up for the tether scammers who inflated bitcoin's price in order to dump on people's face back in December 2017. People still cant see how badly managed tether is and how much of a scam bitfinex is upto.

Bitcoin is showing steady growth this year than the 2018 which doesn't mean it is a stable coin it is the better coin.

This is not fully correct. Stable coins came in after the so called volatility of bitcoin which made people lose money after the tether pump. People thought that stable coins would allow them to hedge funds while bear market pulls in, but in reality thats not the case. If you really want to steer clear of a the incoming bear run, sell your coins for fiat and wait it out. You cant compare bitcoin to stable or a "better" coin in that manner.

[MrPiggles]

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

at this moment i think so. bitcoin is now much stable coin than last years. last year people thought it's over for bitcoin but we all know bitcoin didn't come for gone. now after couple of correction bitcoin too much stable than ever. people start invest on bitcoin and market going in green again.

Now everything is happening just as you say and the market is actually turning more green, so many investors become very excited. I think if this green market can last for a long time, we will make a very good profit from holding but need to be careful because after the increase there will be a huge adjustment in this market and you are not allowed to be subjective when investing

[Genamant]

its kinda awkward to use stable to a very volatile market
its just bitcoin had been down for a quite a while so i guess its time to go up now

[babykika2027]

I don't think so, because there are many factors that can affect the price, so the price becomes volatile and unpredictable. like a year ago it fell at an unexpected rate after the price reached 20k