Will Bitcoin's price stabilize someday?

[suzanne5223]

As of now bitcoin has not been stable, but with the speed at which it is growing, I can assure and believe that it will become one of the most important currencies in the world and provided the government does not screw it up.
and for another reason because bitcoin is not backed by anything and anyone or pegged to any currency, it just stands alone and I don't think it will be stable because of the fluctuations inherent in it, but we never know in the future.

Bitcoin will never be stable in price because it was founded on volatility in nature but the market may experience less volatility in the future. Having said that, Bitcoin has surpassed the stage of the government screwing it up and the worse thing any government can do is to ban it within their country just like the Chinese government did.

[Scaterbrainn]

Bitcoin has achieved a lot nearly 13 years since its inception. Ever since mainstream adoption skyrocketed like crazy, prices have never been the same as they were before. As it's been proven over time, Bitcoin outperforms Gold, Silver, and nearly every other asset on Earth. Despite widespread adoption of Bitcoin by mainstream businesses, companies, and governments alike, prices relative to Fiat haven't stabilized yet. It's something that I find odd, since institutional investors are already in the game. Not only that but some ETFs have been approved by the SEC. If Gold's price is relatively stable, why can't Bitcoin be the same?

Why do you think Bitcoin's price hasn't stabilized yet? Is there a possibility they will stabilize in the future? Your input will be greatly appreciated. Thanks in advance.

I think the main reason of volatility in Bitcoin price is market cap which is still far low when we compare it with stocks and commodity markets and this is why any whale can shake its market easily. The other reason which puts its investors at high risk is negative news in the media like hacking of exchanges/wallets and rumors of selling by major investors . The governments all over the world are trying to  bring Bitcoin under their control so that people don't get into huge risks and troubles.

https://codecondo.com/bitcoin-reasons-why-its-price-is-so-unstable/#:~:text=One%20major%20reason%20why%20bitcoin%20price%20is%20not,that%20you%20can%20manage%20as%20per%20your%20profits.

This difference in the market caps of both the markets (Cryptocurrency and Forex) has resulted in the high volatility. Until the market cap of cryptocurrency becomes in trillions like forex, it is highly unlikely that bitcoin can become stable.

[Rockstarguy]

Bitcoin price can never be stable and that is the nature of  bitcoin. If Bitcoin should be stable then it will have no difference between the traditional FIAT, their wont be any need to trade or invest it. Because of its volatility in nature that is why it can be invested to get gain if it is hodl. The volatility in nature is one of the characteristics that makes bitcoin to be bitcoin.

[ivankoh]

Bitcoin price will not be stable even if many countries accept bitcoin legalization based on different factors.  Even if the regulatory developments of governments covet to regulate the bitcoin financial industry in any way that they know for sure will not be able to give up.  The supply of bitcoins starts to become extremely scarce after 2024 - bitcoin is essentially the store of value in the asset it represents.

[LUCKMCFLY]

Stabilization in Bitcoin is very difficult for me, in itself BTC is an asset that always maintains maximum volatility and is something that characterizes it, when there is a certain stability it is because there is a lot of uncertainty in the market, for me so that it can be stabilizing BTC is at a very high price where it is very difficult to fall, and I think I am talking about above $150k, the reason is simple, when BTC reached $20k it fell to almost $2k, then it rose to almost $70k has remained at a level above $30-$40k, in 2017 we imagined such a price, but neither the market nor the people were prepared, now at this time it is feasible to talk about more money because absolutely everything the world has to accept the existence of btc, even for governments and banks.

[AakZaki]

Bitcoin price can never be stable and that is the nature of  bitcoin. If Bitcoin should be stable then it will have no difference between the traditional FIAT, their wont be any need to trade or invest it. Because of its volatility in nature that is why it can be invested to get gain if it is hodl. The volatility in nature is one of the characteristics that makes bitcoin to be bitcoin.

Can't see the future, but I'm also not sure if BTC will have a stable price. If you remember the relationship suply and deman and the law of purchase. The total supply in the market will be less and less while the need is predicted to increase then the price tends to rise. Therefore I think the price will still go up and down as needed by the market to make a profit. No one can regulate the crypto system, the government can only regulate the user.

[fullhdpixel]

Bitcoin has achieved a lot nearly 13 years since its inception. Ever since mainstream adoption skyrocketed like crazy, prices have never been the same as they were before. As it's been proven over time, Bitcoin outperforms Gold, Silver, and nearly every other asset on Earth. Despite widespread adoption of Bitcoin by mainstream businesses, companies, and governments alike, prices relative to Fiat haven't stabilized yet. It's something that I find odd, since institutional investors are already in the game. Not only that but some ETFs have been approved by the SEC. If Gold's price is relatively stable, why can't Bitcoin be the same?

And why will it be? do we really think that both of them are the same? I guess not really. I think gold is owned by a government and maybe this makes its value more stable. The only similarities between these two is that both are assets and a store of value.

Bitcoin on the other hand sometimes experience a stableness, like for example last time where its value stuck at the 40k range, I think that can be considered to as being stable and are you sure you really wanted bitcoin to become stable? but if that happens, how can you buy at lows or at the dips? There is no way bitcoin can be use for investments or for trades if that happens.

[Nrcewker]

Bitcoin will not be stable in price because no one can control bitcoin so until whenever bitcoin is free and the price will not be stable this is the difference between digital currency and fiat.

I don’t get it why it’s so complicated to understand how Bitcoin works?
And yes why there is a debate required in order to find out when will bitcoin’s price will be stable?
It’s a simple fact that each and everyone can understand that, unlike assets, stocks, Gold, Bitcoins are also a digital asset.
And as there are a fixed amount of Bitcoins already been made, so the price increases when the demand is high and supply is less.
So it’s not possible anytime that Bitcoins will rest in a fixed price.
It’s a never ending quest for the miners and holders to keep bitcoins and this leads to the fluctuation of the prices.

[Sebas.tian]

Why do you think Bitcoin's price hasn't stabilized yet? Is there a possibility they will stabilize in the future?

The reason why the price of bitcoin has not yet stabilize is because we are in the season of purchasing more bitcoin and hold for the season to pass before you can supply to market to make a good profit. Bitcoin price just dropped down from $57,000 to $40,000 few months ago, which is one of the reasons the price is not stabilize yet in the market. Definitely, the price of bitcoin will be stabilize in the future because the price is developing some signs people have been waiting to see, if truly the price will be stabilize in the future. Since the price has moved from $39,000 to $40,000, show that any moment from now the price will remain stabilize through out this year 2022.

[buwaytress]

Will is the wrong question, but when. Any market that matures gains in stability. Just look at this current rally, how different it is from every other.

More importantly, not sure there's really anyone in the investment/speculation business who'd want it to be stable. Perhaps less volatility day to day, but they would definitely want it to continue in its upwards trajectory, and that would require some sacrifices to stability.

[Agbe]

Bitcoin has achieved a lot nearly 13 years since its inception. Ever since mainstream adoption skyrocketed like crazy, prices have never been the same as they were before. As it's been proven over time, Bitcoin outperforms Gold, Silver, and nearly every other asset on Earth. Despite widespread adoption of Bitcoin by mainstream businesses, companies, and governments alike, prices relative to Fiat haven't stabilized yet. It's something that I find odd, since institutional investors are already in the game. Not only that but some ETFs have been approved by the SEC. If Gold's price is relatively stable, why can't Bitcoin be the same?

Why do you think Bitcoin's price hasn't stabilized yet? Is there a possibility they will stabilize in the future? Your input will be greatly appreciated. Thanks in advance.

The last time I checked the exchange rate of bitcoin, it was high, it was about 17m. But yesterday I was trying to convert bitcoin to US dollar and I saw that it has drastically reduced to 16m. And I also discovered that, bitcoin was high as 24m before. So, the stability of the coin now is confusing. Nobody knows what will happen in the next months or years. But if there bis any prediction of the currency, I will still predict it to be stable at the rate of 24-7 millions per 1btc. At that stage the nations governments will respect the currency but if bitcoin price comes down to the level of the Fiat currencies, Countries' governments will disdain the currency and tramble upon it.

The question I will like to ask is, why Bitcoin which is a decentralized Currency reduced from 24m to as low as 16m? What is the caused? Although I will make my research as well but I still need bitcoin experts to tell me why.  I am really on the confused stage because bitcoin is not control by anyone, be in authority or individual , nobody control it then why the drastic decrease of value.

[horrifiedx1]

if it's very stable I don't think so, but at least with more and more bitcoin holders scattered, then this will be able to reduce price fluctuations. especially if countries in the world legalize it, of course bitcoin fluctuations will be more stable, although there is still movement at a low percentage level. maybe if it is likened to forex today, where the movement in a day is not like the movement of bitcoin

[decodx]

Will is the wrong question, but when. Any market that matures gains in stability. Just look at this current rally, how different it is from every other.

More importantly, not sure there's really anyone in the investment/speculation business who'd want it to be stable. Perhaps less volatility day to day, but they would definitely want it to continue in its upwards trajectory, and that would require some sacrifices to stability.

According to some, the BTC will probably not become stable enough to function as a currency until its market cap reaches trillions of dollars. However, even if this doesn't happen for decades, it won't affect the long-term viability of the digital currency.

One of the basic laws of economics states that the money supply must increase at a slow and steady rate. If there is a shortage of a market's supply of a product or service, there is generally some sort of panic and prices surge in hopes of clearing the shortage. Unlike in the past, Bitcoin will not experience this type of pricing frenzy and volatility in the future since supply is steadily increasing while demand is rising.

[Desmong]

You want Bitcoin to have stability? This is an interesting question that needs thorough understanding of what the advantages and disadvantages will be.

I think if Bitcoin becomes more stable, it might loss great value having slight characteristics of a Stablecoins. The massive fluctuation in bitcoin makes it more interesting to buy at the dip and sell and the top.

[Doan9269]

Ever since mainstream adoption skyrocketed like crazy, prices have never been the same as they were before.

always take note that when dealing with digital currency like bitcoin this is inevitable, expect this as a continuous process

As it's been proven over time, Bitcoin outperforms Gold, Silver, and nearly every other asset on Earth.
As it's been proven over time, Bitcoin outperforms Gold, Silver, and nearly every other asset on Earth.

you're right, bitcoin has been outstanding in terms of profitability, market capitalization, adoption and investment asset over other valuable investments.

If Gold's price is relatively stable, why can't Bitcoin be the same?

They are two different things having different principles that generate their values in the economic market, gold is a physical and stable element of investment while bitcoin is digital decentralized currency that works with the equilibrium of volatility.

Why do you think Bitcoin's price hasn't stabilized yet? Is there a possibility they will stabilize in the future?

The entire 21m bitcoin is yet to be mined and no any tangible evidence that bitcoin price will be stabilize, because volatility is what backs market profitability of which is the standard of bitcoin, so bitcoin can't have a fix price but rather maintain a range.

[DanWalker]

Bitcoin price can never be stable and that is the nature of  bitcoin. If Bitcoin should be stable then it will have no difference between the traditional FIAT, their wont be any need to trade or invest it. Because of its volatility in nature that is why it can be invested to get gain if it is hodl. The volatility in nature is one of the characteristics that makes bitcoin to be bitcoin.

If Bitcoin becomes stable, it's no different from the current currency I don't expect Bitcoin's stability. Most of us invest in Bitcoin all want Bitcoin to be a tremendous profit in the future. Therefore if Bitcoin is stable, I think many investors will leave the market and will find another profitable investment place. Crypto are volatile by nature and don't expect it to be stable.

[fullhdpixel]

The last time I checked the exchange rate of bitcoin, it was high, it was about 17m. But yesterday I was trying to convert bitcoin to US dollar and I saw that it has drastically reduced to 16m. And I also discovered that, bitcoin was high as 24m before. So, the stability of the coin now is confusing. Nobody knows what will happen in the next months or years. But if there bis any prediction of the currency, I will still predict it to be stable at the rate of 24-7 millions per 1btc. At that stage the nations governments will respect the currency but if bitcoin price comes down to the level of the Fiat currencies, Countries' governments will disdain the currency and tramble upon it.

I do not know which nation you live in, but for the past week or even 10 days, bitcoin hasn't been good. I don't know what’s 17m, or 16m, I check it in dollar form so I only follow that. But it reached a peak of 48k for a while and now it is not anywhere near that level.

This is why I personally believe that we should not be really hoping to get a good thing out of it for the time being. Unless you had short position, you would be losing money during this period. But you could turn that into an advantage and buy even more since it is low and make a profit based on that, shouldn't be really that bad, could be making a good return from it as well.

[molsewid]

If Bitcoin becomes stable, it's no different from the current currency I don't expect Bitcoin's stability. Most of us invest in Bitcoin all want Bitcoin to be a tremendous profit in the future. Therefore if Bitcoin is stable, I think many investors will leave the market and will find another profitable investment place. Crypto are volatile by nature and don't expect it to be stable.

I don't think so time will come that bitcoins price will be stabilise not now or in near future because of the sudden fluctuations of the market due to different reason that greatly affect bitcoin market price. Also, I believe being unstable of bitcoin price is the reason why there are lot of investors and new investors are being attracted and interested to invest in bitcoin because of the higher chance or probability to gain or earn reasonable profit due to spike of bitcoin price.

[Myleschetty]

The last time I checked the exchange rate of bitcoin, it was high, it was about 17m. But yesterday I was trying to convert bitcoin to US dollar and I saw that it has drastically reduced to 16m. And I also discovered that, bitcoin was high as 24m before. So, the stability of the coin now is confusing. Nobody knows what will happen in the next months or years. But if there bis any prediction of the currency, I will still predict it to be stable at the rate of 24-7 millions per 1btc. At that stage the nations governments will respect the currency but if bitcoin price comes down to the level of the Fiat currencies, Countries' governments will disdain the currency and tramble upon it.

I do not know which nation you live in, but for the past week or even 10 days, bitcoin hasn't been good. I don't know what’s 17m, or 16m, I check it in dollar form so I only follow that. But it reached a peak of 48k for a while and now it is not anywhere near that level.

This is why I personally believe that we should not be really hoping to get a good thing out of it for the time being. Unless you had short position, you would be losing money during this period. But you could turn that into an advantage and buy even more since it is low and make a profit based on that, shouldn't be really that bad, could be making a good return from it as well.

I think the best thing to do now concerning Bitcoin investment is to accumulate or do the long since the market momentum is gaining downtrend while some altcoins are currently bullish and some people think the altcoin season has started.

Above user that's saying Bitcoin price was 17M or 16M, I think the user is either from Africa or Asia.

[lalabotax]

Why do you think Bitcoin's price hasn't stabilized yet? Is there a possibility they will stabilize in the future?

Bitcoin price won't be stable because people use Bitcoin for investment. And Bitcoin demand always changes, must be different in any situation. We must be familiar with bullish and bearish, these situations trigger the price to go up and down significantly. Because the bullish and bearish have their own period, there should be some scheme to go to each period. The trends of Bitcoin in the market are also caused the bullish-bearish periods besides the issues or news. As long as we have these matters, the price of Bitcoin won't be stabilized.