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Author Topic: Bitcoin now a stable coin?  (Read 12871 times)
Eildosa
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June 28, 2019, 07:39:02 PM
 #301

No, you can still continue to trade bitcoins. Now he is very animated and you can make money on it again. But it is best to buy bitcoin and leave for a couple of months, maybe a year.

Victorycoin
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June 30, 2019, 11:22:54 AM
 #302

Bitcoin is an unstable coin and it is good for us as it is not stable that is why we are able to make a good profit if it was a stable coin then we would not be able to make a good profit.
oseikuf44
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June 30, 2019, 11:50:30 AM
 #303

Under no circumstances will Bitcoin become a stable coin, though it can trade along a constant price over a certain period but it won't be term as stable coin. Stable coin like USDT is coins with a pegged to US dollar at 1:1 ratio.
Victorycoin
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July 07, 2019, 04:22:35 AM
 #304

Under no circumstances will Bitcoin become a stable coin, though it can trade along a constant price over a certain period but it won't be term as stable coin. Stable coin like USDT is coins with a pegged to US dollar at 1:1 ratio.
As bitcoin not a stable coin people becoming more interested on investing on bitcoin instead of a fiat (usd, gbp etc), there are many reason of investing on bitcoin and not becoming stable is one of them.
Spaffin
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July 09, 2019, 07:36:51 PM
 #305

In fact, it is Bitcoin's volatility that attracts more and more investors.  Even if you do not consider past opportunities, in the last resort, Bitcoin has increased its price almost 4 times over the past year, and this is already a great achievement for many investors.

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sheenaedago
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July 09, 2019, 08:39:26 PM
 #306

In fact, it is Bitcoin's volatility that attracts more and more investors.  Even if you do not consider past opportunities, in the last resort, Bitcoin has increased its price almost 4 times over the past year, and this is already a great achievement for many investors.

Bitcoin is showing great performances this month, and I am looking forward for another outstanding improvements as days goes on. The opportunities is coming in despite of hardships while bearish market take full control lastly, and while bitcoin taking a higher price right now stabilized price will will maintain a minimal fluctuations.
Vishnu.Reang
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July 10, 2019, 05:52:14 AM
 #307

Bitcoin can never be a stable coin. It's purchasing power can become more or less stable, but its exchange rate against USD will continue to increase for the foreseeable future. It is very simple actually. USD is not protected against inflation, while BTC is protected. So in normal circumstances, the BTC vs USD exchange rate should go up, as long as both the currencies exist.
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July 10, 2019, 07:40:44 PM
 #308

In fact, it is Bitcoin's volatility that attracts more and more investors.  Even if you do not consider past opportunities, in the last resort, Bitcoin has increased its price almost 4 times over the past year, and this is already a great achievement for many investors.
Bitcoin is showing great performances this month, and I am looking forward for another outstanding improvements as days goes on. The opportunities is coming in despite of hardships while bearish market take full control lastly, and while bitcoin taking a higher price right now stabilized price will will maintain a minimal fluctuations.

For many people, it is strange and even scary a bit that Bitcoin seems to be the only one cryptocurrency that is showing the great movement. Altcoins are sleepy. Probably, soon tokens will become faster.
Zemomtum
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July 10, 2019, 08:45:20 PM
 #309

Bitcoin can never and will never be a stable coin. The most volatility in crypto space is Bitcoin. Eventhough it consolidate for some time, nomatter how long this continues, it does not make it to appear or stand for stable coin.

zee11225
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July 11, 2019, 01:20:38 PM
 #310

In fact, it is Bitcoin's volatility that attracts more and more investors.  Even if you do not consider past opportunities, in the last resort, Bitcoin has increased its price almost 4 times over the past year, and this is already a great achievement for many investors.
I think bitcoin won't be a stable coin, because the appeal of bitcoin is the unstable factor. If bitcoin is stable, investors will leave it because they don't get a booming effect from fluctuating prices.
It needs to be understood that the majority of bitcoin owners are speculators who hunt big profits from the movement of bitcoin prices which change very quickly from minute to minute. For example, yesterday the price of bitcoin was USD 13086 but today is USD 11997. But tomorrow can change again to USD 14000. That's where the bitcoin trade attracts.

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Swopon
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July 11, 2019, 04:33:29 PM
 #311

No Bitcoin is not stable now.
We can see bump or dump anytime now.But if you want to buy btc and trade with that you can do that anytime

virasog
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July 11, 2019, 04:43:20 PM
 #312

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.
Anyone who is following the bitcoin prices will know that they can never be stable. The prices are manuipulated by the whales and they will never let bitcoin price to be stable for a long period of time. Also we cannot compare bitcoin with Dollar or Oil becasue both of these are centralized and managed by a central authroity while bitcoin is a descentralzied.
joromz1226
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July 12, 2019, 08:54:48 AM
 #313

Perhaps, if bitcoin is an stable coin, for sure none of the traders would able to get profit with it, most probably they would get it from the altcoins. But because of volatility we can able to get profit in many ways through altcoins. Though, bitcoin was on top of the digital currencies
in the entire world now.
Cryptostudio.info
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July 21, 2019, 09:12:40 AM
 #314

Bitcoin cannot be a stable coin in that at this time the market is still unregulated and for this reason it is very speculative, when it will begin to be more regulated then Bitcon will start to have a reserve value like the gold

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