Why is the price of Bitcoin variable and can it stabilize?

[Semar Mesem]

Hi I am Ali and this is my first post on Bitcoin Talk.
Because the bitcoin economy is new, its new nature, and sometimes illiquid markets, the price of Bitcoin can increase or fall unforeseenly in a short period of time. But with the increase in liquidity, this market can gain public trust, as can Fiat currencies, even though it is not of a physical nature.

Don't know this is only opinion from beginner. But i think although fiat price not really stabilize and it can up and down compared to others. Everything that have market will have demands and people who sell theirs and can cause price can be variable and not stabilize. Maybe stability of bitcoin can happen if demands and supply in market is almost same.

In my opinion, nothing is 100% stable, maybe the closest to 100% stable is gold, this is because everyone likes and accepts gold, while fiat and crypto will always be unstable due to demand and stock factors.

[dark1234]

It's no secret that the price of bitcoin often goes up and down like a rollercoaster. Despite being invented since 2008, Bitcoin only really started to take off in 2013. The digital currency started trading that year at around $13.50 per bitcoin. Prices rose in early April 2013. and the ups and downs continue to happen, this is what attracts bitcoin to its fans. If bitcoin became stable maybe bitcoin wouldn't be like it is now

[CaVO32]

It's no secret that the price of bitcoin often goes up and down like a rollercoaster. Despite being invented since 2008, Bitcoin only really started to take off in 2013. The digital currency started trading that year at around $13.50 per bitcoin. Prices rose in early April 2013. and the ups and downs continue to happen, this is what attracts bitcoin to its fans. If bitcoin became stable maybe bitcoin wouldn't be like it is now

The market movement is basically driven by supply and demand. So even after more than a decade in the market, still we are experiencing the volatility of its price. Stabilizing its value is I believe, still far from horizon. Even crypto experts can just speculate its value, and very rare that they can get it precise market price.

[just_Alice]

Hi I am Ali and this is my first post on Bitcoin Talk.
Because the bitcoin economy is new, its new nature, and sometimes illiquid markets, the price of Bitcoin can increase or fall unforeseenly in a short period of time. But with the increase in liquidity, this market can gain public trust, as can Fiat currencies, even though it is not of a physical nature.

All prices are variable, the only difference is in the extent of variability itself. Metals, realty, stocks, altcoins, all of them are volatile, especially when something is just entering the market.

The volatility of the price is determined by demand and accessibility. It can be said, that cryptocurrencies have just entered the market (as compared to many other assets), the demand is still unstable and is affected largely by such things as news, hype, political issues, etc.

Way to stabilize? There’s no such way. However, when Bitcoin is more widely spread, many large investors hold on to it and the market cap is larger - it will become less volatile over time.

[TelolettOm]

Actually, Bitcoin is not a new thing, this has been existing more than 10 years. But yeah, it may be new to some people.
Can Bitcoin stabilize?
Bitcoin is not a stable coin.
Moreover, this is decentralized, the price will really depend on the market at that time, sometimes influenced by issues surrounding both FUD that can make Bitcoin price falls or even good issues that can make the price increase.
And no one can rule Bitcoin 9although sometimes the whale manipulation is really real), but it doesn't mean that they can control Bitcoin to be stable.
The market can go up and down very easily in the market.
And yeah, as you said, even this doesn't have any physical form, this has big value. Because this has been trusted for years and many people have been proving how worthy this Bitcoin is. And of course, this is because it is trusted

[BuNga_cute]

Hi I am Ali and this is my first post on Bitcoin Talk.
Because the bitcoin economy is new, its new nature, and sometimes illiquid markets, the price of Bitcoin can increase or fall unforeseenly in a short period of time. But with the increase in liquidity, this market can gain public trust, as can Fiat currencies, even though it is not of a physical nature.

All prices are variable, the only difference is in the extent of variability itself. Metals, realty, stocks, altcoins, all of them are volatile, especially when something is just entering the market.

The volatility of the price is determined by demand and accessibility. It can be said, that cryptocurrencies have just entered the market (as compared to many other assets), the demand is still unstable and is affected largely by such things as news, hype, political issues, etc.

Way to stabilize? There’s no such way. However, when Bitcoin is more widely spread, many large investors hold on to it and the market cap is larger - it will become less volatile over time.

Compared to other assets, Bitcoin has just entered the market and can be used for trading, which ultimately makes Bitcoin unstable and its price
movement very volatile. Indeed, there is no way to stabilize assets, all assets will move according to demand. Even Gold's movement is unstable,
likewise, Bitcoin will never be stable. But Bitcoin price movements will not be so volatile if many large investors enter the Bitcoin market.
Since large investors usually prefer to hold Bitcoin in the long term, this can reduce the high volatility in Bitcoin. In the future it is likely that Bitcoin
will be slightly volatile, unlike now it is very highly volatile.

[dunfida]

Hi I am Ali and this is my first post on Bitcoin Talk.
Because the bitcoin economy is new, its new nature, and sometimes illiquid markets, the price of Bitcoin can increase or fall unforeseenly in a short period of time. But with the increase in liquidity, this market can gain public trust, as can Fiat currencies, even though it is not of a physical nature.

Talking about stability or trying to make it similar to fiat then its really totally different story and volatility is one of the most common characteristics on why bitcoin had been loved soo much specially by those investors.

If you dont like volatility then this investment or market wont really be just for you and better stick with fiat or other stabilized currencies out there. If you do like to dive in into this market then deal with the volatility.

Take advantage of it and you would really be making off your profits but of course there would always be some accompanied risk behind.

[Hippocrypto]

Hi I am Ali and this is my first post on Bitcoin Talk.
Because the bitcoin economy is new, its new nature, and sometimes illiquid markets, the price of Bitcoin can increase or fall unforeseenly in a short period of time. But with the increase in liquidity, this market can gain public trust, as can Fiat currencies, even though it is not of a physical nature.

The increase of liquidity made it more attractive towards investors who became more fascinated with what's currently happening with Bitcoin price. Nowadays many of us waited for an opportunity before the market will absolutely pump same with the previous history we've experienced. Let's take our best step before everything will settle down for good.

[DarkDays]

The price is Bitcoin is entirely controlled by supply and demand. However, since it's such a new asset, it's still moving towards a fair market capitalization.

People disagree on what its fair value should be, hence why some people want to sell it at a certain price, while others want to buy it.

This causes a fluctation in the chart, as the bulls and the bears battle it out for all eternity. I imagine Bitcoin's volatility will start to decrease as it becomes used by the vast majority of people.

[OgNasty]

Stabilization would probably make a lot of people lose interest. Bitcoin being traded 24 hours a day was initially my selling point to others on it. I knew it would become a traders paradise and it turned out to be so successful that thousands of others popped up to appease the appetite of traders looking for a new widget to trade. I think this still exists to a large degree today and if Bitcoiners were polled, most would prefer volatility.

[famososMuertos]

Hi, welcome, I think you have volatility from Topics 14 out of 15. I don't know if it's a record for an account opening, most likely not, but 14 topics in 24 hours and 13 in 7 hours, are they enough or not? . There are things that are in judgment depending on the eyes of the one who looks at it, and there is a trend or a matrix to believe that the volatility of bitcoin is harmful.

So the volatility for bitcoin is bad (!?) If bitcoin has had something, it is that its price climbs to the highest (sometimes ATH) but it also has wonderful downzing, in terms of being stable today it has had a quiet day it started at $ 44k and is at $ 47k a (+/-) 6%, a percentage unit is not that much, is it?

[marilynmanson21]

the fixed value of money is only the money each has country,
If there is an international currency, such as USD, the price will not be stable, it will always go up and down
Likewise with bitcoin that plays on the exchange, the price value will definitely change, the more people need it, the price will definitely go up

honestly I'm confused what if bitcoin has a fixed value