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Author Topic: Bitcoin now a stable coin?  (Read 12875 times)
omonuyak
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June 01, 2019, 06:40:58 PM
 #241

I understand  the Bitcoin Price was a bit stable as at the time the topic was created. Volatility is what makes Cryptocurrency market  the best. Stability in the price of bitcoin would not yield the investors or traders any profit . The general nature of Cryptocurrencies is Volatile , that is what brings profitability. Experienced traders buys at deep and sell when the price improves.  Bitcoin will never be a stable Coin . The Volatility helps the market a lot .
Volatility is good for traders but stability create acceptability and adoption. No one will use a currency that is not stable because we actually need retailers or wholesalers to be able to accept bitcoin as a mode of payment and at that bitcoin will realize it potential.
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June 01, 2019, 11:21:02 PM
 #242

I understand  the Bitcoin Price was a bit stable as at the time the topic was created. Volatility is what makes Cryptocurrency market  the best. Stability in the price of bitcoin would not yield the investors or traders any profit . The general nature of Cryptocurrencies is Volatile , that is what brings profitability. Experienced traders buys at deep and sell when the price improves.  Bitcoin will never be a stable Coin . The Volatility helps the market a lot .
Volatility is good for traders but stability create acceptability and adoption. No one will use a currency that is not stable because we actually need retailers or wholesalers to be able to accept bitcoin as a mode of payment and at that bitcoin will realize it potential.
Pros and contras about this, actually something natural. Depends on who see about it, traders must want volatile to make profit and the other want it to stable so it can be payment and adopted in worldwide.
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June 01, 2019, 11:39:21 PM
 #243

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
Bitcoin will never become a stable coin. Based on supply and demand law bitcoin price should be tend to rise. The limitation on bitcoin maximum amount and the growung number of people who want to obtain bitcoin will make its price increase. Bitcoin is not spread evenly yet, I mean there some people who have a lot of bitcoin they can make its price move extreemely.
bitcoin should indeed become a rising coin, but nowadays bitcoin sometimes experiences pumps and dumps. so I think bitcoin can't be said to be a stable coin, but bitcoin is far better than any coin at the moment.
Agree with you crypto currency like bitcoin has the most volatile nature so if the price is getting low or higher we should take advantage of it, buy at low price then after holding you can sell it at higher, it cannot be stable because if it will be stable so then it will not be much interested for people as people are taking interest only because it is unstable to give us profit after holding.
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June 01, 2019, 11:40:32 PM
 #244

I understand  the Bitcoin Price was a bit stable as at the time the topic was created. Volatility is what makes Cryptocurrency market  the best. Stability in the price of bitcoin would not yield the investors or traders any profit . The general nature of Cryptocurrencies is Volatile , that is what brings profitability. Experienced traders buys at deep and sell when the price improves.  Bitcoin will never be a stable Coin . The Volatility helps the market a lot .
Volatility is good for traders but stability create acceptability and adoption. No one will use a currency that is not stable because we actually need retailers or wholesalers to be able to accept bitcoin as a mode of payment and at that bitcoin will realize it potential.
The word 'Currency' wont really fit out with Bitcoin or any other altcoins in the market due to volatility.I dont know why people do really forces out for this thing to happen.
Just let it be yet btc do have its own purpose and its own market but cant really be fully adopted or considered to be a currency but i do highly believe this is just an asset when it
comes to investment thing.Stability on btc? It wont happen.

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June 01, 2019, 11:54:40 PM
 #245

We knows this bitcoin showing good sign for their stabilities as currency, hoping this is a chance to hit again the all time high.

I understand  the Bitcoin Price was a bit stable as at the time the topic was created. Volatility is what makes Cryptocurrency market  the best. Stability in the price of bitcoin would not yield the investors or traders any profit . The general nature of Cryptocurrencies is Volatile , that is what brings profitability. Experienced traders buys at deep and sell when the price improves.  Bitcoin will never be a stable Coin . The Volatility helps the market a lot .
Volatility is good for traders but stability create acceptability and adoption. No one will use a currency that is not stable because we actually need retailers or wholesalers to be able to accept bitcoin as a mode of payment and at that bitcoin will realize it potential.
Pros and contras about this, actually something natural. Depends on who see about it, traders must want volatile to make profit and the other want it to stable so it can be payment and adopted in worldwide.

I understand too what do you want to deliver about volatility, but we need to be positive thinker to believe bitcoin gives another opportunity to earn profits.

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June 02, 2019, 03:22:54 AM
 #246

Last week of month of May and even now the first week of June the value of the bitcoin is stable around $8300- $9000. I hope the price will be there only and not decrease but better to rise like more than $10,000.

We still do not know right now if the bitcoin is stable or not but we can stable the value of this if we are supporting this.
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June 02, 2019, 05:01:29 AM
 #247

We knows this bitcoin showing good sign for their stabilities as currency, hoping this is a chance to hit again the all time high.

I understand  the Bitcoin Price was a bit stable as at the time the topic was created. Volatility is what makes Cryptocurrency market  the best. Stability in the price of bitcoin would not yield the investors or traders any profit . The general nature of Cryptocurrencies is Volatile , that is what brings profitability. Experienced traders buys at deep and sell when the price improves.  Bitcoin will never be a stable Coin . The Volatility helps the market a lot .
Volatility is good for traders but stability create acceptability and adoption. No one will use a currency that is not stable because we actually need retailers or wholesalers to be able to accept bitcoin as a mode of payment and at that bitcoin will realize it potential.
Pros and contras about this, actually something natural. Depends on who see about it, traders must want volatile to make profit and the other want it to stable so it can be payment and adopted in worldwide.

I understand too what do you want to deliver about volatility, but we need to be positive thinker to believe bitcoin gives another opportunity to earn profits.
Hoping about the positive outcomes doesn't change the future outcome. I usually spread the awareness around my family and friends so everyone will be able to take the benefit from the new form of electronic money. Opportunity comes and goes but BTC has strong technology like blockchain.

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June 02, 2019, 08:09:28 AM
 #248

Last week of month of May and even now the first week of June the value of the bitcoin is stable around $8300- $9000. I hope the price will be there only and not decrease but better to rise like more than $10,000.

We still do not know right now if the bitcoin is stable or not but we can stable the value of this if we are supporting this.
I think it will be difficult for us to stabilize the price of bitcoin, without having large funds, but at least by doing activities without panic, it will help our goals be achieved, moreover we spread news that is useful for many people
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June 02, 2019, 08:10:19 AM
 #249

I understand  the Bitcoin Price was a bit stable as at the time the topic was created. Volatility is what makes Cryptocurrency market  the best. Stability in the price of bitcoin would not yield the investors or traders any profit . The general nature of Cryptocurrencies is Volatile , that is what brings profitability. Experienced traders buys at deep and sell when the price improves.  Bitcoin will never be a stable Coin . The Volatility helps the market alive and breathing.

There are times when bitcoin price is stable. Last year bitcoin remain stable between 6000 - 7000$ for few months. This year at the start bitcoin remain stable between 3500 - 4000$ for about 2 months. But there are times when bitcoin is very unstable and it moves 200- 500$ up and down daily.

I think it is impossible for bitcoin to become stable because there is no one who can control and make bitcoin value stable. This is one drawback of decentralized currency.

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June 02, 2019, 03:36:26 PM
 #250

Last week of month of May and even now the first week of June the value of the bitcoin is stable around $8300- $9000. I hope the price will be there only and not decrease but better to rise like more than $10,000.

We still do not know right now if the bitcoin is stable or not but we can stable the value of this if we are supporting this.
I think it will be difficult for us to stabilize the price of bitcoin, without having large funds, but at least by doing activities without panic, it will help our goals be achieved, moreover we spread news that is useful for many people

bitcoin will not be stable because bitcoin does not have a centralized institution so prices will continue to move up and down, there is no need to expect much for a stable bitcoin and for now it will definitely continue to increase

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June 02, 2019, 03:43:11 PM
 #251

Last week of month of May and even now the first week of June the value of the bitcoin is stable around $8300- $9000. I hope the price will be there only and not decrease but better to rise like more than $10,000.

We still do not know right now if the bitcoin is stable or not but we can stable the value of this if we are supporting this.
indeed for current prices bitcoin has increased and decreased there is still no stable point, but keep in mind if bitcoin has a stable in another sense that is not price but about the resilience of bitcoin which is still the main and most popular coins among other coins amid the issue of coins that are scam and others. bitcoin still has the best price and the best value.

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June 02, 2019, 10:53:09 PM
 #252

Yes, bitcoin can be called stable in some sense. Its price is not changing as quickly as before and this is a good sign. Bitcoin will grow in the future, but not so fast. But it still remains a good investment.

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June 02, 2019, 11:31:42 PM
 #253

Bitcoin is not a bubble anymore but it is not a stable coin too! Bitcoin needs many improvements to be a strong & stable coin! Though Bitcoin price may stick on a price zone for a long time like BTC price is being strong at 8200-8500 USD right now, but it is not the stable price! The good thing is, Bitcoin price is growing gradually, which means we are getting a higher price in the future as a stable price zone for BTC!

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June 03, 2019, 04:38:40 AM
 #254

Yes, bitcoin can be called stable in some sense. Its price is not changing as quickly as before and this is a good sign. Bitcoin will grow in the future, but not so fast. But it still remains a good investment.
Bitcoin is not really stable and the value of this coin is constantly changing, making many investors unable to determine the trend of this market. I think if you invest Bitcoin for a long time, you will earn a high profit but if trading in this time period thenthe loss can happen at any time if the market enters a big correction. In June everything seems to be very good but according to my assessment there will be a fluctuation this week so be careful

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June 03, 2019, 06:05:12 AM
 #255

Well, some people started thinking bitcoin as an stable coin, but that's not the case. What happened to bitcoin over the past few weeks, the price is more than doubled, so i believe it is still a long way to go to be a stable coin.

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June 03, 2019, 08:55:11 AM
 #256

Last week of month of May and even now the first week of June the value of the bitcoin is stable around $8300- $9000. I hope the price will be there only and not decrease but better to rise like more than $10,000.

We still do not know right now if the bitcoin is stable or not but we can stable the value of this if we are supporting this.
I think it will be difficult for us to stabilize the price of bitcoin, without having large funds, but at least by doing activities without panic, it will help our goals be achieved, moreover we spread news that is useful for many people

bitcoin will not be stable because bitcoin does not have a centralized institution so prices will continue to move up and down, there is no need to expect much for a stable bitcoin and for now it will definitely continue to increase
Bitcoin is not a stable coin and we don’t like it as stable coin because the price increase and decrease make it happen when we get our profits. Stability is good but not that much which does not let you earn more. For investors and traders the Bitcoin’s price movement is super cool and that is why they are always having a great time in the crypto market. Stability is important but in crypto coins I like the same price movement.
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June 03, 2019, 03:58:25 PM
 #257

Well, some people started thinking bitcoin as an stable coin, but that's not the case. What happened to bitcoin over the past few weeks, the price is more than doubled, so i believe it is still a long way to go to be a stable coin.
Bitcoin will never become a stable coin. Volatile makes Bitcoin somehow special, if you get rid of that than it would never be a Bitcoin anymore.

Yes, bitcoin can be called stable in some sense. Its price is not changing as quickly as before and this is a good sign.
That's not how you call a stable coin.

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June 03, 2019, 04:29:37 PM
 #258

It will never become a stable coin in my opinion.
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June 03, 2019, 04:47:20 PM
 #259

Bitcoin is almost stable from different coins as you can see in the market also it has a big potential to increase like what happen last year of 2017.

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June 03, 2019, 05:06:22 PM
 #260

In my opinion, cryptocurrency can be said to be stable coin which has four characteristics such as price stability, scalability, privacy and decentralization.
In addition, stablecoin is considered to have a good concept, easy integration for partners and good exchange capabilities.
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