Bitcoin - the future "stable coin"

[Onuohakk]

If statistics are anything to go by then bitcoin and any other coin in cryptocurrency hardly would be stable.
Coin has constantly be fluctuating in prices and this present situation will not be the first time

[1714951059]

1714951059

[1714951059]

1714951059

[1714951059]

1714951059

[1714951059]

1714951059

[1714951059]

1714951059

[hxtop]

With the increase in the number of Bitcoin users and adoption of bitcoin in payments, the market will become more mature and a more stable market will occur naturally.

[adil29]

Bitcoin is an unstable currency that can not be predicted if Bitcoin is a stable coin but it would be very good

[Rana590]

With the increase in the number of Bitcoin users and adoption of bitcoin in payments, the market will become more mature and a more stable market will occur naturally.

But it needs some more time. This is the not right time in my opinion. Price condition is not well at this moment. Hopefully bitcoin will recover it's highest price again. Then it can be stable coin in crypto market.

[kxz1498]

No way this will be a stable coin. Store of value YES!

[hakertajniak]

Bitcoin still have a long way to become a stable coin. In the first place, bitcoin and cryptocurrencies are a volatile currency.
But if it get massive adopted by all peoples in the world, maybe it will become a stable currency because we all using it.

[BennyK]

I think its hard for bitcoin become stable because the price depend on supply and demand. Beside that, there is no authorities like central banks that can stabilize the price. I am believe what happen to bitcoin price is always reach new high because having limited supply and no one can intervence the price in market

You're definitely right because Bitcoin as it stands now is under no government regulations or no single body has absolute power over its price, hence Bitcoin price becoming stable seems unpracticable now. The price volatility nature is what makes holders earn huge profit when it skyrockets if the demand on the market increases.