Will Bitcoin's price stabilize someday?

[Paul Pogba]

If it is stable, of course it is impossible because of the concept of decentralization, just like gold commodities which have a market cap of millions of times larger than cryptocurrencies but the price is still unstable, even some time ago the price of gold had dropped 5% and had increased to 7% in a week.

[Abiky]

The history of Gold, Silver and other assets nearly follows the history of human existence. It's very wrong to compare metals to bitcoin because the only exists and is mined in real world and another one exists and is mined in virtual world. You compare two universe with two currencies to each other. All the humans exist in real world while only the 63 percent of population has access to internet. Almost 3 billion people don't have access to internet and day to day some of them join the virtual world, this 3 billion can be a game changer too in aspect of user experience and much more.

Also, I don't think that gold is stable. Have a look at this Statista Chart. You can clearly see that it was $612 in 1980 $271 in 2001. Then you can see how it slowly jumps from this point to $1668 in 2012 and then falls to 1160 in 2015. This is not stability to my mind. Also, you should always keep in mind that every year because of inflation, USD purchasing value gets weaker and weaker.

Bitcoin is too young to mature, it's just way too young. We only had 3 halving so far (out of the 32) and do you really expect stability from this coin?

Very interesting observation. There seems to be some series of price fluctuations in Gold, even though it gave us the illusion of stability. Anything that's speculative or traded on the open market is prone to wild fluctuations in price. Bitcoin is not exempt from this rule. While the pioneer cryptocurrency has achieved a lot over the years, it's still relatively new to the mainstream world. There are a lot of things to be improved in order for Bitcoin to become a "force to reckon" with.

Fortunately, we have stablecoins to save us during a "rainy day". As long as you're able to make a profit regardless of Bitcoin's price, nothing else matters. Just my opinion

[lixer]

There seems to be some series of price fluctuations in Gold, even though it gave us the illusion of stability. Anything that's speculative or traded on the open market is prone to wild fluctuations in price. Bitcoin is not exempt from this rule. While the pioneer cryptocurrency has achieved a lot over the years, it's still relatively new to the mainstream world. There are a lot of things to be improved in order for Bitcoin to become a "force to reckon" with.

Fortunately, we have stablecoins to save us during a "rainy day". As long as you're able to make a profit regardless of Bitcoin's price, nothing else matters.

The difference between gold and bitcoin is that gold used to be volatile because it wasn't digitalized and wasn't worldwide. I know most of us didn't live those times, but remember any year before 1950, or just try to imagine how people communicated between each other.

It was terribly hard, and at one point we literally had people with papers running from state to state on horses just to carry information, now I can send this message in a single second. Gold was volatile during those times of course, but hasn't been since everything has been digitalized, very small ups and downs, whereas crypto has been digital since its inception, and still having a lot of troubles.

[DeathAngel]

It will stabilise one day but not for a long while imo. It’s still a relatively young, immature asset. It’s only been here since 09, we will still have drastic swings in either direction. With each halvening though we seem to be seeing diminishing returns so read into that what you will. Maybe 20-30 years from now there will be much less volatility.

[macson]

snip

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 never thought bitcoin would be stable ^{(its future price is like fiat)}, one condition that makes the value of an investment asset stable is that its circulation is controlled by the government, and they can't control bitcoin circulation.  but if satoshi's identity is revealed then that's a different story ^{(of course this chance is very small, and will never happen)}

[Abiky]

It will stabilise one day but not for a long while imo. It’s still a relatively young, immature asset. It’s only been here since 09, we will still have drastic swings in either direction. With each halvening though we seem to be seeing diminishing returns so read into that what you will. Maybe 20-30 years from now there will be much less volatility.

I've seen how Gold hasn't stabilized yet, even though it's less volatile than Bitcoin itself. The crypto asset class is still new to the world, so I'd say we should give Bitcoin some time to mature. While it may never "stabilize", I'm certain volatility will be reduced to a minimum due to stricter regulations and large capital inflows on the market. Slowly but surely, governments are embracing Bitcoin as the next "digital Gold" in order to make our world a better place.

Ultimately, it's all about decentralization. As long as decentralization wins, nothing else matters. Just my thoughts

[BobK71]

A few days ago, Bitcoin was a currency that was no allowed. But over the time, that is likely to change. Now institutional invests are willing to get BTC.  Many of us have been able to guess where it might go in the near future. I believe that when Bitcoin is fully used it can be as stable as Fiat currency.

[romero121]

Being volatile is the attraction of bitcoin, but everyone won't be loving it. For now it won't stabilize, because the market needs to experience a massive change. Countries are continuing their process of regulating the usage of cryptocurrencies. This could make changes in the long term. The recent government to show full fledged effort on regulating cryptocurrency is Australia’s newly-elected Prime Minister Anthony Albanese. Same as him when more countries create regulatory framework the market will stabilize, but the network function like a centralized system.

[bitterguy28]

A few days ago, Bitcoin was a currency that was no allowed.

What ? Few Days ago? bitcoin was no Allowed ? on what? from what? please clear this here?

But over the time, that is likely to change. Now institutional invests are willing to get BTC.

it is not over time , instead this already change years ago and in 2021 investors from the institutions are indeed vested here.

 Many of us have been able to guess where it might go in the near future. I believe that when Bitcoin is fully used it can be as stable as Fiat currency.

lol Many of us? are you part of that? because I am not the lucky one lol.

[btc78]

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.

Is there really a chance that Bitcoin will be stable? i mean even if all the bitcoin had already mined?

I don't think it will happen mate because the chance like this is not part of Volatile currency specially bitcoin?

Though no one knows what will come , and hopefully ? it will never come lol.

[dvj33]

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.

Is there really a chance that Bitcoin will be stable? i mean even if all the bitcoin had already mined?

I don't think it will happen mate because the chance like this is not part of Volatile currency specially bitcoin?

Though no one knows what will come , and hopefully ? it will never come lol.

When will all the bitcoin be mined?

[Pejoh Asu]

Although many people hope that the price of Bitcoin is more stable, but in my opinion this actually makes the attraction of Bitcoin will disappear, the interesting thing from Bitcoin is fluctuating because people want to get big profits and in a short time, besides that because bitcoin is decentralization will certainly be difficult to be stable Because there are always those who sell or buy.

[fzkto]

Bitcoin will only become stable when it becomes a globally recognised currency. For that to happen, it needs to become the number 1 main currency, which is simply to replace the dollar. For that to happen, all countries need to switch to bitcoin. I think that will never happen and it remains a speculative asset forever, like gold or stocks.

[Abiky]

Being volatile is the attraction of bitcoin, but everyone won't be loving it. For now it won't stabilize, because the market needs to experience a massive change. Countries are continuing their process of regulating the usage of cryptocurrencies. This could make changes in the long term. The recent government to show full fledged effort on regulating cryptocurrency is Australia’s newly-elected Prime Minister Anthony Albanese. Same as him when more countries create regulatory framework the market will stabilize, but the network function like a centralized system.

You've said it yourself. Bitcoin needs a massive change for prices to stabilize in the long term. But there will still be some level of volatility because it's traded on the open market. Just like Gold, there will be ups and downs within certain periods of time. If you really want to avoid volatility, then I see no other choice than relying on centralized stablecoins for peace of mind.

I'd steer clear from algorithmic stablecoins like UST and USDN because they're easily prone to lose their peg over time. What ultimately matters is Bitcoin's usefulness as a currency. So far, it's been doing well after all these years so prices are the least reason to worry about. As long as you don't invest more than what you can't afford to lose, you'd be on a road towards non-stop financial success. Just my thoughts

[istiak2277]

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.

There is something that we need to stabilize something, and that is the ability to inflow or outflow from the supply. BTC doesn't have this option because it has a fixed supply. If BTC can keep investors in, then the obvious way it will go is up. The fluctuation we saw is normal because everybody will book their ROI profits. That's how business works but in the long run, BTC will climb only upwards because its supply from the circulation will be reduced fast.

[tygeade]

There is something that we need to stabilize something, and that is the ability to inflow or outflow from the supply. BTC doesn't have this option because it has a fixed supply. If BTC can keep investors in, then the obvious way it will go is up. The fluctuation we saw is normal because everybody will book their ROI profits. That's how business works but in the long run, BTC will climb only upwards because its supply from the circulation will be reduced fast.

The fact that there is an inflation in the fiat world is the main reason why bitcoin will always keep going up. Even if the purchasing of the bitcoins power stays the same, the price of bitcoin will go on in the long run.

Like if 1 bitcoin could buy you X item and it is 30k dollars, then in 10 years bitcoin could be 250k dollars and still buy that X item, whereas someone who has 30k dollars and just put it interest in a bank account then they will not have 250k in 10 years, not even hedge funds would give that probably. Hence inflation would mean that even if the price of bitcoin is still the same purchasing power, it will be going up in fiat.

[istiak2277]

There is something that we need to stabilize something, and that is the ability to inflow or outflow from the supply. BTC doesn't have this option because it has a fixed supply. If BTC can keep investors in, then the obvious way it will go is up. The fluctuation we saw is normal because everybody will book their ROI profits. That's how business works but in the long run, BTC will climb only upwards because its supply from the circulation will be reduced fast.

The fact that there is an inflation in the fiat world is the main reason why bitcoin will always keep going up. Even if the purchasing of the bitcoins power stays the same, the price of bitcoin will go on in the long run.

Like if 1 bitcoin could buy you X item and it is 30k dollars, then in 10 years bitcoin could be 250k dollars and still buy that X item, whereas someone who has 30k dollars and just put it interest in a bank account then they will not have 250k in 10 years, not even hedge funds would give that probably. Hence inflation would mean that even if the price of bitcoin is still the same purchasing power, it will be going up in fiat.

So you are saying the price increase of BTC is because of the inflation in USD only? Do you think the PPP of BTC didn't change at all? Please look at the charts here. You will see how the PPP of bitcoin is on the rise against the USD. It is going up in fiat not only because there is inflation but also because cash is inflowing in the bitcoin market and supply is reducing as more investors are holding BTC in their wallet.

[skarais]

The price of bitcoin will not be stable, but it may not be as volatile as it is now. Adoption should be the reason why bitcoin price volatility may decrease in the future, but it seems the government is more concerned with CBDCs than bitcoin adoption.

So far, bitcoin is more dominantly traded than used as a means of payment. If one day this condition can change then I'm pretty sure the price of bitcoin is much more stable than now, especially if the use case as a currency is more dominant.

[Falconer]

Further adoption will not change volatility. Because the price volatility of bitcoin is heavily influenced by derivatives markets. And this area is constantly growing and, as a result, the impact on volatility will only increase.

So do you think that as bitcoin adoption increases, its volatility also increases?
I think it's good to expect lower volatility and more stable prices when more users and big businesses are willing to adopt it. I mean big business has a very significant impact on the larger bitcoin economic growth later so volatility is more limited. That is something that can be considered as a good possibility for bitcoin, so the greater adoption and massive growth of the bitcoin economy would greatly favor less volatility.

I agree that bitcoin is still the most asset for long-term investment compared to being used as a means of payment. That may be an interesting fact, but fortunately things will continue to shift as adoption and legality increase in many countries. I hope so.

[fortuner]

If bitcoin users continue to increase like what happened in 2021 then price fluctuations will be smaller, the biggest problem that makes bitcoin too volatile is the market cap is still small and many millionaires are easy to control the price, as happened in 2021 when Elon Musk actively invests in bitcoin and make the market impact move positively.

Don't be afraid because bitcoin users will continue to grow even though Elon Musk is not very active in buying bitcoins but I'm sure people will continue to believe and will continue to buy bitcoins.
After this storm ends, see how the expected changes will occur in the price of bitcoin and it is certain that bitcoin will rise and fly back to the moon.