Rengga Jati
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August 25, 2021, 10:45:06 PM |
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Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?
It is quite difficult to say so. Crypto is complex, if we are talking about crypto, we are talking about thousands of coins/tokens. And every crypto has its own dream. I don't think that its dream is all about a payment method. And here, the stability of crypto may mean being sideways. Actually, it is hard enough for a trader to face this kind of market condition. And even it has a big mass adoption, I am not sure it will make the price stable.
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Kelvinid
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August 25, 2021, 11:20:24 PM |
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Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?
Yes, even there is a huge market adoption the volatility of the market will never change. The market price will move just like a roller coaster and no matter what we do, adoption or whatever it is can't still make a change to it, unless if the market becomes centralized. As long as we are in the state of being decentralized, this will remain unstable. I don't think there is a need to be worried about being volatile and besides, this gives more interest to the people hoping that they can double their investment at no certain time. A lot of people had come into crypto not only thinking about profit but also the benefits they could get from them, no tax, anonymity, less hassle to transfer funds, and also making online payments.
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aemma
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August 25, 2021, 11:20:32 PM |
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I don't think there is will be stability even with the mass adoption, because the more you sell, the more others buys and the more people fud or government news spread, the more the market dumps, seriously a lot of things affects the crypto market and that is just the nature. For a long time now, it has been believed that crypto is highly volatile and it hasn't changed from that. Remember as times goes on, as each day passes more coins enter the market, some exit scam and some only keeps dumping and so on, all these also affects the crypto market, hackers are also on the other side doing theirs, thus contributing to an unstable market. My own opinion is, get into good coins which can survive in the midst of all these, and at the end you will be glad you did.
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shinratensei_
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August 25, 2021, 11:28:40 PM |
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Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?
It's not possible. that will peg with demand and supply. Everyone can be a hodler and you may be a bit wrong about this even when the amount will be divided a million times as the massive adoption that will come and then it doesn't mean if anyone will not be able to hodl crypto. You're a bit wrong about it. You will never see the stability in the crypto even when crypto will be adopted massively.
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killerfrost
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August 26, 2021, 01:26:35 AM |
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It would be like when the volume of money is large enough and gives it the kind of stability that the gold, fiat, stock markets are creating, we can see them have very little volatility and if the crypto market is like that then I must tell you that we have succeeded.
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poodle63
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August 26, 2021, 01:51:54 AM Last edit: August 26, 2021, 02:48:08 AM by poodle63 |
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Some coins, that are treated like crypto currency will become stable - I mean their volatility will be low. But most of the coins are much more like stocks - they can't be stable.
A coin that will become stable is only stablecoin, the other coin will never become stable in the future, that's just my thinking but I think stablecoin is already designed to be stable if you find the explanation about this coin, where other coin is not and will always have unstable price and if they become stable, these coins can be categorized as stablecoin, therefore it's not like most of coin anymore.
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seramania
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August 26, 2021, 02:07:45 AM |
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Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?
Mass adoption can affect the crypto market, maybe the price and also the level of popularity of crypto can be the main factor. I think mass adoption will make crypto coins find their place in the hands of the right enthusiasts. the level of stability will also be more consistent as more people trade and hold. but don't forget the downside of mass adoption there will be FUD and also dumps or rapid price drops that will definitely happen without us knowing
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gwdf1
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August 26, 2021, 07:58:00 AM |
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I see what you mean and I can say that you are right. You are wondering if crypto can become less volatile to be like stocks for example. It is said that when ETFs appear their basic assets become less volatile. Also I think that it is true that there are less newbies when mass adoption occurs. As a result, demand will be almost stable,so there is nothing to fluctuate the price all the time.
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vv181
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August 26, 2021, 08:04:31 AM |
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Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes,~snip
We can't know for sure but theoretically, when the space matured enough and the cryptocurrency itself has an enormous market cap, I think the volatility will decreasing significantly compared to how it looks like right now. Actually, cryptocurrencies markets are still in their early age, even the BItcoin itself is still experimental. God knows how the future will look like. So, We didn't know to be sure about how it behaves later even if the market is big enough.
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kidbounty
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HELENA
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August 27, 2021, 01:36:27 PM |
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Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?
I don't think it's right to think crypto will be stable. because even if mass adoption has been achieved price stability will never exist. crypto is a decentralized platform and no one can have complete control over the market. so there is no person or institution that will stabilize the price if at any time there is a dump or pump. so stability in the crypto market only applies to stablecoins. for a fully decentralized coin like bitcoin, it can't really be stable.
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zasad@
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August 27, 2021, 01:40:44 PM |
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Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?
I do not know how it is possible to prohibit manipulators from making money in this market. The cost of cryptocurrency will constantly grow due to its massive use in various countries, but most of the services for users will be centralized. This is not the revolution we were waiting for ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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MauJohn21
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August 27, 2021, 02:22:59 PM |
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Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?
I believe that the stability of cryptocurrencies in daily use is something that is going to be possible, since from the base many projects are moving forward with that factor in mind. The Divi project is a good example of this, from the beginning it has been proposed as a financial solution, something that goes far beyond a temporary benefit.
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andriarto
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August 27, 2021, 02:36:33 PM |
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Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?
I don't think it's right to think crypto will be stable. because even if mass adoption has been achieved price stability will never exist. crypto is a decentralized platform and no one can have complete control over the market. so there is no person or institution that will stabilize the price if at any time there is a dump or pump. so stability in the crypto market only applies to stablecoins. for a fully decentralized coin like bitcoin, it can't really be stable. I think that if cryptocurrencies have been mass-adopted all over the world, price fluctuations will still exist, but they are not as big as they are today, and price manipulators will find it more difficult to carry out pump and dump actions. especially if the government has intervened then those who hold most of the bitcoins can certainly do the same as the current whales, especially if they have wide influence in the crypto world
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NeverSop
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August 27, 2021, 03:41:53 PM |
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So, when bitcoin stabilizes at acceptable volatility levels, what benefits will be shared with bitcoin miners? And still in a decentralized market, this is clearly unlikely in the near future. As bitcoin gradually matures, the value of bitcoin will have no limit. Stable only when everything is controlled by regulations. I don't expect it to happen
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ardydyon
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August 27, 2021, 03:44:49 PM |
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I think crypto will not be stable even if it is controlled en masse there will definitely be crypto buying and selling transactions there and the price will always fluctuate. let's just look at the official currency used throughout the world, namely usd. even if it says as a stable currency. but the price will still go up or down according to the existing market conditions so I think your opinion is wrong. crypto will remain volatile even in mass adoption
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Ten98
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August 27, 2021, 03:48:19 PM |
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I have invested in #btc and altcoin as DIVI, ADA it is time to know and invest
Bitcoin and Cardano are still very wise and good choices because Bitcoin and Cardano have had very good and very healthy developments this year, but for DIVI I am still a little doubtful about their potential.
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andireynold98
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August 27, 2021, 03:59:58 PM |
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Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?
Well i really agreed with you this day that crypto is up and down, massive up massive down sometimes. For me i adopt Flux, Divi as well because i know they have great potential. Again i don't know it they will become stable like USDT or stable on price itself. But recently Divi already accepted as payment for Maple Syrup so yeah i hope crypto will be used for such many payments in the future. Then Crypto can be really great and stable at that time. Hopefully.
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Vaculin
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August 27, 2021, 04:00:50 PM |
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I have invested in #btc and altcoin as DIVI, ADA it is time to know and invest
Bitcoin and Cardano are still very wise and good choices because Bitcoin and Cardano have had very good and very healthy developments this year, but for DIVI I am still a little doubtful about their potential. Yes, Cardano has also market potentials and ADA as well but Bitcoin seems to be more promising and really has great returns. I choose BTC, instead. Well, I have to choose BNB and ETH in order to spread my funds. But putting a huge chunk on Bitcoin of our total capital is the smartest idea to take, I'd never find it risky than to have altcoins at all. But anyway, it can't tell who is right and who is wrong as investing depends on individual discretion.
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ipanks
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August 27, 2021, 05:24:42 PM |
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Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?
I guess it will not be stable but maybe USDT or the other stable coin will still stable. The price can still fluctuate but I am not sure if the price moves fast like today but maybe for some coins, the price will still be like this. I think it does not matter if the price will be like this because people can still try to buy low and sell high, especially if the big dumps and pumps come to the market. You are not wrong but I guess there will be two possibilities that can happen to the market in the future which is the market will stabilize and not moves too fast or the market will still moves fast like now.
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TheMimic1
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August 27, 2021, 05:32:31 PM |
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If crypto coins becomes stable how will they be profitable? Isn't the volatile side is why many have the chance to take good advantage of bear market and bull market? Wouldn't you rather prefer to buy BTC at 10,000$ than 48,000$? I get where you coming from but honestly crypto sees mass adoption because of its volatility, creating opportunities here and there for new comers, if it's stable who would buy?
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