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Author Topic: Stop calling Bitcoin ''stable'' it's not.  (Read 1909 times)
PsylockReborn
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November 13, 2018, 10:01:34 AM
Last edit: November 15, 2018, 05:39:01 AM by PsylockReborn
 #21

Low volatility doesn't mean stable. Bitcoin has experienced periods of low volatility many times, however this doesn't mean bitcoin is stable, not even close. We all know it doesn't take much for bitcoin to explode, either up or down. That's absolutely still in the cards, I mean everyone is waiting for the next bull run and some people are waiting for a big crash.

It's like saying, this bomb is stable because it hasn't exploded yet.

Bitcoin's value will never be stable until it will be fully adopted and used as a currency and once it'll reach its supply limit.
No one can really predict what will happen to the values of bitcoin.

I just don't know why some are claiming to be experts when all they did was just speculating.
We can speculate anytime we want, since there are no facts that can back up the fluctuations of bitcoin's value.

The value of bitcoin is determined by the adoption and usage of the people to the crypto.
sultanGol
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November 13, 2018, 10:05:52 AM
 #22

I would not say Bitcoin is stable, but it is getting more stable, than in the past, that is what I see. And I know, it is tricky, seems like it is not able to move any direction, and than suddenly we will see a huge pump (hopefully Smiley )

bellamente
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November 13, 2018, 10:17:05 AM
 #23

Now bitcoin is massively buying American private foundations.

At the same time, transactions take place outside cryptocurrency exchanges, so you cannot see the growth of a coin. When it is profitable, the bull will show itself.

Twentyonepaylots
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November 13, 2018, 10:29:08 AM
 #24

Bitcoin is stable at the moment but that does not mean that Bitcoin is a stable coin and as you said a lot of people if not all are waiting for the next bull run. I believe whoever describe Bitcoin as stable he/she just meant to describe the situation at the current moment not describe Bitcoin itself, in fact, we can describe the whole market situation at the moment as a stable period but we all know that not gonna last forever and will change very soon.

   Wow, a battle of different opinion on "STABLE"?  some would say that it is stable on the market as Bitcoin status, i would say that Bitcoin has a good fundamentals, clear market structure, with high consumer's confident as posted in the market, Status of one coins remains Volatile as applies to all in the crypto market, it all dependent on the volume of investment put in by the investors, again it is individual opinion on whether or not Bitcoin is stable? Market is Volatile.
shesheboy
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November 13, 2018, 10:33:00 AM
 #25

I would not say Bitcoin is stable, but it is getting more stable, than in the past, that is what I see. And I know, it is tricky, seems like it is not able to move any direction, and than suddenly we will see a huge pump (hopefully Smiley )

" What you see is what get "  ( as the saying said )  , that simply means you should only believe on what you currently see and not on the usual fact .  if you see that bitcoin is stable it is really stable but if not then dont .


At the same time, transactions take place outside cryptocurrency exchanges, so you cannot see the growth of a coin. When it is profitable, the bull will show itself.

Yes some transactions are outside the crypto exchange but you can still see it because all transactions are still recorded on the blockchain .  all transaction can still cause a chain reaction .

Now bitcoin is massively buying American private foundations

What ? Bitcoin is buying ? Lol no , bitcoin is not a person or controlled by a person therfor it cannot possibly buy property or foundations .
Michael_Cox
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November 13, 2018, 10:39:08 AM
 #26

Probably they are referring about the 6K usd market price stabilization though generally bitcoin will not become stabilized due to its current system that is decentralized. It may be better if we will not consider bitcoin market price stabilization. I agree with you OP. We should stop calling bitcoin stable in its market price.

This is it. It will take years before bitcoin becomes even remotely stable but because the market price has been sitting around the same price these days, people say it is stable. Besides, if it's already stable, then how come nothing changes in the market? People say stability will make companies want to adopt bitcoin but has it happened? No. Absolutely not yet.
HeRetiK
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November 13, 2018, 10:46:03 AM
 #27

Stop calling the global markets "stable" they are not.

Low volatility doesn't mean stable. The global markets have experienced periods of low volatility many times, however this doesn't mean the global markets are stable, not even close. We all know it doesn't take much for the global markets to explode, either up or down. That's absolutely still in the cards, I mean everyone is waiting for the next bull run and some people are waiting for a big crash.

It's like saying, this bomb is stable because it hasn't exploded yet.

Wink

The Bitcoin market just happens to be faster, with shorter boom-bust cycles than most other markets. Still a good observation OP and an important one to keep in mind, lest one deems one too safe for their own good.
sheenaedago
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November 13, 2018, 11:03:20 AM
 #28

I would not say Bitcoin is stable, but it is getting more stable, than in the past, that is what I see. And I know, it is tricky, seems like it is not able to move any direction, and than suddenly we will see a huge pump (hopefully Smiley )

  We may can say bitcoin is not stable due of its high volatility but we can not stop take this asset. Even if bitcoin is not in agood condition, we have to hope for its massive pump will appear and the bearish market will be break down.
TheLoser
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November 13, 2018, 11:05:38 AM
 #29

Bitcoin cannot be called stable because it is unpredictable . Now, there may have been some lull before the storm, no one can say anything forward and where the bitcoin price will go up or down .
FedorIzmailov
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November 13, 2018, 11:16:25 AM
 #30

I personally do not think Bitcoin is stable because it is still at the stage of its formation and in any case it will constantly increase and decrease in price until it reaches the capitalization it needs
larrylegend33
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November 13, 2018, 11:21:07 AM
 #31

I am not agree with you on this. I would never invest again the bitcoin and wait for the price raise. I believe that the bitcoin is stabilized in 2018. After the big raise and fall in 2017 the bitcoin price had to slow down and stayed between $6,000 and $7.000 and doesn't change anymore. I believe that the bitcoin is becoming a currency like the others like dollar or euro.
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November 13, 2018, 12:58:26 PM
 #32

Nothing is stable for 100% but to my mind it is more stable than the rest of coins and moreover this coin is the best one in terms of its benefits and potential. To my mind, it is better to use it for the long-term

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Marbelli
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November 13, 2018, 01:02:06 PM
 #33

people say that he is stable for the last six months and this is indeed the case

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izanagi narukami
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November 13, 2018, 01:07:51 PM
 #34

IMO, it's already reach the highest peak on last Nov 2017 and decreasing until optimal position, as you can see the stable value at the moment.

Of course I'm still believing on crypto so that's why I keep hold it because digital transaction has high demand in the future and cryptocurrency become the option for people to transaction.

Smiley
tegarp90
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November 13, 2018, 01:10:31 PM
 #35

Low volatility doesn't mean stable. Bitcoin has experienced periods of low volatility many times, however this doesn't mean bitcoin is stable, not even close. We all know it doesn't take much for bitcoin to explode, either up or down. That's absolutely still in the cards, I mean everyone is waiting for the next bull run and some people are waiting for a big crash.

It's like saying, this bomb is stable because it hasn't exploded yet.

Yash i agree with you, bitcoin never will be stable, the current market condition just need a matter of time to boom a bull run.
Even some whales want crasher market to buy more at dips
KorakPawon
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November 13, 2018, 01:47:59 PM
 #36

stable? what thing that you say stable exactly? Bitcoin cannot be said stable because it is unpredictable. Up and down always happen, it take turns but has no pattern. Yet, low volatility doesn't mean stable, and bitcoin just happen to be faster. Just wait and see, everyone indeed waiting for the bomb to explode and get what is expected.
Peashooter
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November 13, 2018, 01:51:30 PM
 #37

Low volatility doesn't mean stable. Bitcoin has experienced periods of low volatility many times, however this doesn't mean bitcoin is stable, not even close. We all know it doesn't take much for bitcoin to explode, either up or down. That's absolutely still in the cards, I mean everyone is waiting for the next bull run and some people are waiting for a big crash.

It's like saying, this bomb is stable because it hasn't exploded yet.
The price of bitcoin and even the market will never be stable simply because of the fluctuation. We all know that the supply and demand of cryptocurrency especially bitcoin always fluctuate in the market which lead to changing price so how we can say that it is stable. I think you can say that it is stable once there is no one who willing to sell their bitcoin and the price will stuck up or the volume will go down.
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November 13, 2018, 01:53:34 PM
 #38

Low volatility doesn't mean stable. Bitcoin has experienced periods of low volatility many times, however this doesn't mean bitcoin is stable, not even close. We all know it doesn't take much for bitcoin to explode, either up or down. That's absolutely still in the cards, I mean everyone is waiting for the next bull run and some people are waiting for a big crash.

It's like saying, this bomb is stable because it hasn't exploded yet.


Yes, right. we all make panic-based assumptions especially for bitcoin.
I say this decline has happened many times like you said, this will continue at the end of the year in December. so be prepared

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November 13, 2018, 01:56:35 PM
 #39

Now bitcoin is massively buying American private foundations.

At the same time, transactions take place outside cryptocurrency exchanges, so you cannot see the growth of a coin. When it is profitable, the bull will show itself.
therefore, whenever it will never be able to stabilize because all this time the price of bitcoin has always changed every second, the most suitable bitcoin is said to be like a dollar that often experiences price changes

Alpha-X_Official
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November 13, 2018, 02:05:31 PM
 #40

We can not call bitcoin a stable currency, it can fluctuate months, days, hours, seconds
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