Bitcoin now a stable coin?

[ginobitcoiner]

I'm not sure if bitcoin can be said to be a stable coin, the price keeps changing, even though at this time the price doesn't change too significantly, but still bitcoin can't be said to be a stable coin.

[bitbunnny]

Even in periods when price seems not to move anywhere Bitcoin is not a stable coin. Some fluctuations and volatility is always present, no matter how small it seems. Price is always under some influence and changes according to conditions in the market, supply and demand so I don't think that Bitcoin will ever become stable, it's not in its nature.

[A L I E N]

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.

How can a virtual currency, which depends on demand and supply get such a characteristic as stability? No, it is not stable.  However, it is reliable: it means that BTC will live and it will not die or fall to the bottom.

[JPSelzer]

That's not so. Of course, the price of bitcoin does not jump as sharply as before, but it can still be quite successfully traded. Try different strategies and you will succeed.

[nutella_11]

Well, to me, Bitcoin isn't stable and it never will. It's always hard to predict his fluctuations

[Aivaryamal]

Bitcoin will grow steadily unlike many other cryptocurrencies because it already has a huge number of users and many large players have contributed their money to this industry

[Ridwan Fauzi]

If you mean bitcoin is stable coin such as USD's price movement it's impossible because its price alwasy movement and didn't stuck in a price area, for instance in a price of $8000. Bitcoin price is still has a volatile price, as you may know its price has been increasing from last year that only has $3000 but now its price is $8000. You can imagine if you still consider that the bitcoin price is stable with $5000 increasing price in a few months only.

[tonyja2017]

Bitcoin really cannot be a stable currency. because it is being very much whale holds the BTC number. They can manipulate the price of the BTC up to more than $ 20000 in 2019 and that is very easy.
therefore, you cannot expect stability when manipulation still occurs every day.

[onecall123]

It will never become a stable coin in my opinion.

Bitcoin is so much volatile, that's clear. It's still in the developing process, lots of regulation already implement over it and there many rules and regulation would be proceed. I think things are changing rapidly and to state future performance of bitcoin still early.

[omonuyak]

It will never become a stable coin in my opinion.

Bitcoin is so much volatile, that's clear. It's still in the developing process, lots of regulation already implement over it and there many rules and regulation would be proceed. I think things are changing rapidly and to state future performance of bitcoin still early.

It is because of the volatility that many businesses especially the mainstream online business class are not using bitcoin as a mode of payment. A time will come when that is going to happen but it will not happen if this volatility continues. Bitcoin should be stable for the society to adopt it in their day to day financial transactions.

[syamster]

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.

it really have strong technology. Maybe if want to be payment, it only need to get accepted by a lot of people, then government in some countries. It will really helpful for people itself if it can be payment and for community.

No it is not true, we can see now people from all over the world are accepting and using crypto currency, people are very much interested in crypto currency to use as currency, It is famous investment which is not supported yet by government in my country so it is hard for it to become stable coin, it is not good and not possible as well to see it as stable coin, the rise and fall of price is its real attraction.

[miningguru]

Bitcoin is not a stable coin like TUsed, Gusd etc. The value of bitcoin fluctuation makes many other altcoins decreasing their prices in the market, so I never considered Bitcoin as a stable coin, we need to be very careful with the fluctuation we are experiencing.

[TheUltraElite]

Bitcoin will grow steadily unlike many other cryptocurrencies because it already has a huge number of users and many large players have contributed their money to this industry

These points are debatable. Those who invest in crypto are those who have run away from the traditional banking system and/or previous wall street stock market traders. Then you have the people who support crypto because they feel it will be the next big thing in the world after banks and replacing them in due course. These are not related to bitcoin becoming a stablecoin.

Stablecoins are nothing but pure scams - they are just disguised coins in the form of calling them stable so to attract people to buy them but the integirty of SCs like USDT is controversial. Its better to sell your bitcoins if you need to get fiat than buy stablecoins.

[asyakashi]

Well, to me, Bitcoin isn't stable and it never will. It's always hard to predict his fluctuations

for me the bitcoin price fluctuations are very profitable because the altcoin is influenced by bitcoin.
all traders enjoy this and benefit from this situation. just enjoy it

[Victorycoin]

Does it currently look like stable coin? Because at the moment the price of bitcoin is up as much as almost 3x over the lowest number a few months ago

Bitcoin was never a stable coin and will never be a stable coin its price will always be up or down. When it will be stable then market will be almost no movement. When low buyer high seller then price will go down and when low seller high buyer then price will go up. Only buyer and sell will be equal then the price can be stable which chance is very low.

[Kasabus]

Bitcoin is not a stable coin like TUsed, Gusd etc.

Correct, in the beginning there was no stable coin, only bitcoin and major altcoins, but now they are created for the purpose of trading.
Bitcoin is volatile, that's its nature, so it's never stable and will never be in the future.

The value of bitcoin fluctuation makes many other altcoins decreasing their prices in the market,

This is not true, if bitcoin fluctuate, we don't know what would be the effect to altcoins, it could either be pump or dump, that depends on the market situation.

[D3m1r4wanti]

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.

[Aptekary]

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.

[sadirmrida]

There has no stable price. When i joined digital currency world i saw that it changed by time. There have no predict that when it increase and decrease . I know that if a prohibited country allow it increase . On other  hand when a allow country ban it decrease. Besides there have many others news.

[Wolfwar]

I am sure that in many countries, governments impose restrictions on the use of cryptocurrencies primarily because of the instability of their prices, as this can provoke popular discontent, because everyone will eat to earn big money, while losing all their money.  Therefore, the government protects itself from such proceedings.