Stability of bitcoin

[Ethan151]

What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?
Must there be a rising and falling of crypto before the market can work effectively

[GeorgeJohn]

What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?
Must there be a rising and falling of crypto before the market can work effectively

At first this trade supposed to present in Bitcoin Discussion section or Trading section..you can move it down there, because it's were the discussion will be more effective.. that's from my perception.

The stability of bitcoin or any other cryptocurrencies depends on the market regulations or values, i always emphasis or portray that bitcoin increment and adamant in market doesn't lies on any one speculation and prediction, what actually revolve the currency is dependable on the demand quantitative..so the higher people queue for the demanding the relief the stability in the market. And the higher the supply the more downgrade we have in cryptocurrency.

[Charles-Tim]

What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?

Bitcoin price can never become stable, not designed to be stable but to fluctuate. As more people buy and more adoption the higher the price.

Must there be a rising and falling of crypto before the market can work effectively

Yes. But it has been in a way the net increase has been always positive in long term. So the net rise and fall has always been on the rise side in long term.

[Upgrade00]

What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?

Before I discuss this hypothetical situation, I should point out that no singular asset can be completely stable, it can experience reduced volatility and price fluctuations, but cannot maintain a singular value, especially as each asset is or can be compared to all other assest.

Now, if Bitcoin for whatever reason becomes stable next month; There would be a bit of restructuring around the utilities of bitcoin.
• Speculative value would reduce with volatility. Trades would still be possible, but longer term futures and shorting trades would not be as popular,
• Bitcoin would be more used as a hedge fund and store of value ,
• Bitcoin would be more used in daily transactions, without the need for processors.

Must there be a rising and falling of crypto before the market can work effectively

NO.

Volatility has been on the decline over the past years.

[mk4]

If a few months of up and down between $38k-$41k range is “stable” to you, then LOL.

To put it simply: if you’re not patient enough to just hold BTC and just chill, then investing in general is not for you.

[crwth]

You can probably think/approach it like this. What is the purpose of BTC? Or what do you want to happen to the crypto market?

• Do you want mass adoption?
• Do you want to profit from holding?
• Do you want to profit from trading?

All of the above is affected by the price changes of BTC. And these samples above would benefit/obstruct their importance.

Let's say you want mass adoption. People wish for something stable.
- If they want to buy something with BTC, they don't want to lose "much" of the value they originally had and have a minimal effect on their thoughts. People who want to use their BTC as payment would wish for a stable price of BTC.

Holding/Trading your BTC.
- Of course, you would want something volatile in terms of prices because you want to profit as much as possible with the current price wave. Trading and Holding would benefit from that, but you would like the price to go up in Holding. But that's not always the case, it will go down, but in general, it's volatile.

I guess that's just how the market is with cryptocurrencies. You just probably have to get used to it.

[Pmalek]

Not even stablecoins are stable even though their name suggests they are. They lose their peg, but there are mechanism to secure the price again and bring it back to the stable values. Like it or not, most investments in Bitcoin are of speculative nature. People purchase at a price they consider low and they expect the value to increase. Very few are in it for the technology or because they want an alternative payment method that is decentralized and censorship-resistant.

If the price was stable and we didn't have the speculators who expect to profit from the price movements, Bitcoin wouldn't be where it is today. It would just be an interesting type of e-money used by a very small number of technology enthusiasts, privacy advocates, and similar. 

[Bitcoin_Arena]

Must there be a rising and falling of crypto before the market can work effectively

But that's how all markets are. Rising and falling due to very many factors such as demand and supply. You can't avoid that kind of thing so long as people have freedom to buy and sell at anytime time.

Bitcoin isn't a kind of currency like fiat where Governments through central banks try to keep the price stable by controlling the circulating banknotes.
Look at all other markets... stocks, commodities etc They all rise and fall at different points.

[stadus]

Bitcoin is very stable because despite of the huge dump in the past, it was able to survive and even reach a new ATH again.

you are in a market that is very risky, risky in a sense because it's very volatile.
Just for example, when bitcoin hit almost $20k and dump to $3k, some people think bitcoin will collapse, but in the minds of the smart investors, they know and understand that it's just a volatility and they are right because bitcoin did recover and that is what we enjoyed the last year's bull run.

Just imagine, if bitcoin dump below $30k and people begun to panic, that should be viewed as an opportunity.
In short, don't make things complicated for you, if you trust bitcoin, you'll HODL.

[NeuroticFish]

Bitcoin price can never become stable, not designed to be stable but to fluctuate. As more people buy and more adoption the higher the price.

Actually it was presented quite well not long ago: Bitcoin price is no longer fluctuating as wildly as in the past, in the last ~150 days it was less volatile than known stocks.
Bitcoin volatility is decreasing with the price increasing and with the inflow of institutional investors.


Clearly it won't stay pegged to USD, for example, but I think that the days the price fluctuations will become "boring" (kind of like we usually see with gold) are not that far.
That's stable enough, I think

[Alisha-k]

Stability only works on fixed assets majorly centralized stocks and valuable. Bitcoin is not a monotonous asset it's a decentralized asset that work on a peer-2-peer network which implies what ever the price becomes is a dependent on how much availability volatility is a whatmakes an asset what it is mostly in a peer-2-peer network

[Cryptomultiplier]

The rise and fall of any market is what results in either profit or loss being made. This being said is not an exemption for the bitcoin market place, mostly as various coins are affected by their varying values of exchange.  Without interference from other variables as may include regulatory bodies like the banking sector with its policy to maintain the stability of its currency, or third party agents who manipulate the flow, it is far from perfect to think bitcoin could ever be stable. One just has to be careful to know when to go all in or not.

[serjent05]

What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?

By stable, do you mean market price going sideway trend?  Fate or faith? which one?  If you are talking about fate then no one is sure about it, since once fate isn't measured by a year of market trend.  If faith then this one is subjective.  Some will lose interest some will gain more while others will just shrug it out.  Some will sell and some will accumulate and some will just hodl and stay idle until the market becomes favorable. 

Must there be a rising and falling of crypto before the market can work effectively

Price fluctuation makes the market interesting, and Bitcoin Market being highly volatile gives more attraction to speculative investors and traders.  So definitely Market needs to be active to attract more investors to participate in its economy.

[Masplanc]

If Bitcoin price becomes stable this month it won't be stable for long, Bitcoin was created not to remain stable.  Bitcoin is volatile in nature, it is expected to go high and come down. One thing you need to know is that Bitcoin price can never be predictable accurately it either goes up or comes down.

[24Kt]

If Bitcoin price becomes stable this month it won't be stable for long, Bitcoin was created not to remain stable.  Bitcoin is volatile in nature, it is expected to go high and come down. One thing you need to know is that Bitcoin price can never be predictable accurately it either goes up or comes down.

The OP should not expect that bitcoin will achieve stability this month. That's still far from happening as up until now, there are so many factors contributing to the price movement. Also, the volatility factor is one major reason why these traders and crypto investors like this market. They can easily get profits if they know how to trade it but on the other hand, you can easily lose your savings if you incurred mistakes. But for now, stability is not to be aimed yet as we are not yet in that stage.

[Hypnosis00]

What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?
Must there be a rising and falling of crypto before the market can work effectively

Don't get confused about the situation as the market remains volatile no matter what we do. And besides, this even gives more attraction as traders and investors make money out of it. That is why we have to stop thinking that the Bitcoin price will become stable as this never happens even a hundred years from now.

As the price fall - people are buying that resulting in the price rising again. This is very common scenario and even in the stock market still able to see this.

[STT]

I think despite BTC still being the wild west perhaps in comparison to much older assets its fairly stable compared to how I remember it.  Its held the trend since December 2020, a positive trend and its varied within that but overall its stayed positive is how I view BTC.   Others are really negative about the pullback in the last few months but with Dollar high many things will wilt and suffer under the heat of such pressure.

[Wexnident]

I don't think it's supposed to be stable, the market is way too volatile for it to be one. Not to mention that demand would only continuously increase in the following years imo, and the maximum supply of Bitcoin wouldn't be reached till a century more iirc? And I hardly doubt being stable would be a thing, we would still be seeing fluctuations every now and then even if Bitcoin were to reach its max supply by then. Let's not even mention this month in that case, it wouldn't happen. Though if you were talking about the big fluctuations in the market back then, I wouldn't say it's impossible, but it wouldn't be that often anymore.

[Fundamentals Of]

My faith in Bitcoin remains regardless of the price. These are big words. It would be heart-rending to face the possibility that instead of rising the price of Bitcoin would remain stable at the current one, but if ever it will come to that, I will be very happy that I stick with Bitcoin. But with the statistics of the world's population and fiat money vis-à-vis Bitcoin's total supply, Bitcoin owners, and active addresses, I really doubt Bitcoin's demand would not multiply several folds in the immediate and far future.

[rodskee]

What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?
Must there be a rising and falling of crypto before the market can work effectively

then if Bitcoin price becomes stable this may? then it will be a peace of Mind for me so i don't have to check the market from time to time and will skip exchange for the whole month , with this i can focus in my other things to priorities than just looking if i can sell or buy again.
this will give me a break for a while and this is what we wanted to have , I believe that many will take this as a chance to rest and to have a time to look at other option in cryptocurrency world.