mk4
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May 03, 2022, 03:40:43 AM |
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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.
That’s not necessarily the case. Not because it’s been very volatile since it’s inception, it doesn’t automatically mean it’s made to be this way. Bitcoin is just naturally very volatile due to it currently being heavily driven by retail, because it’s still pretty new(and yes, 10+ years is still young), among other things.
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Questat
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May 03, 2022, 11:32:52 AM |
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What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022,
The situation seems the same, the rise and fall of the market remain is not unusual to see. And never I think this be changed in the future. But I don't think the situation looks so worrying, having faith in Bitcoin helps to settle down our emotions and even think optimistic. And instead of thinking about when this bear season ends, we'd rather take this time as an opportunity to buy more coins.
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LogitechMouse
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May 03, 2022, 12:37:22 PM |
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First of all, lets get the definition of the word " Stable" in Merriam Webster. It says there that stable is "not changing or fluctuating". Bitcoin right now is more of an asset already than a currency and there is no asset that is stable (aside from stablecoins of course). S&P500 isn't stable, Gold isn't stable, Stock Market isn't stable. No asset is stable at all and that also applies into Bitcoin so the term "stability" can't be used with Bitcoin because it can't be stable at all. Must there be a rising and falling of crypto before the market can work effectively
Crypto is working effectively already (for me) even though it is rising or falling and its completely normal so... just live with it ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) .
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| .DAKE.GG. | │ | ░░░░░░▄█████▄ ▄█████████████████▄ ██░░░░░░░░░░░░░░░██░░▄██▄ ██░░▀▀█░▀▀█░▀▀█░░██░░████ ██░░░█▀░░█▀░░█▀░░██░░░██ ██░░░░░░░░░░░░░░░██░░░██ ███████████████████░░░██ ▀█████████████████▀░░░██ █████▀▀▀▀▀▀▀▀▀█████▄▄▄██ █████▄▄▄▄▄▄▄▄▄█████▀▀▀▀ ░█████████████████ ░░▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | | | .NEXT LEVEL CASINO & SLOTS. | | | ░░░░░░░░░▄▄▄▄▄▄ ░░░░████████▀▀▀▀ ░░░░██░▀░██░████████▄▄▄▄ ░░░░███▄███░█░░█████████ ░░░░░█████░█████████████ ░░░░░▀████░█████▀░█████ ▄▄▄▄▄░███░░███▀░░░░████ █▄█▄█░░██░███▄░░░░░▄██▀ █▄█▄█░░▀▀░▀████▄░▄████ ▄▄░░░░█████░██████████ ░▄▄▀░░██▄██░▀▀▀▀█████ ░░░░█░▀▀▀▀▀ | │ | | | │ | ..PLAY NOW.. |
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justdimin
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May 03, 2022, 09:26:14 PM |
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The demand and scarcity is what makes Bitcoin become volatile. Imagine Bitcoin has an unlimited supply like Fiat, I’m sure price will be stable at lower price rather than the pump and dump we are experiencing right now. This kind of volatility is a blessings for those who know how to trade while a disaster for a newbie trader that only know how to buy and sell whenever there’s a green and red candle on short time frame. Honestly I don’t understand why people keeps complaining in volatility and stability of Bitcoin. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) We actually have some coins and tokens like that. There is no limit in them and they are still not free, they are cheaper and lower in price of course but not free. Which means that if you arrange it in a way that is sustainable then it could be very well unlimited as well. If I am not wrong, ETH is unlimited right? That means the second biggest coin of all time is actually free and there is no problems with it, it's still going on strong without a problem. This is why I believe that we should be considering limited supply of bitcoin is not the main reason why it's loved so much, there must be other reasons why people care about it so much.
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Sebas.tian
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May 04, 2022, 09:54:39 AM |
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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.
I agree with you, bitcoin is unpredictable which it can decrease today and increase tomorrow. I think it will be difficult for bitcoin price to remain stable through out the year, because what is happening to bitcoin price right now, is a sign that before the end of May bitcoin price will hit back $50,000 for both short term investors and long term investors to use the opportunity to earn well from their investment. Bitcoin price will continue to pump and dump for both buyers and sellers to have a good plan in their investment to buy bitcoin when the price is low and hold for beautiful future to come, and sell when the price increase higher in the market.
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ivankoh
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May 04, 2022, 12:08:24 PM |
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The value of bitcoin is the power of ideological belief, volatility is what it means. Stability only works for traditional forms, bitcoin does not create stability, but represents the value of use, investment, accumulation, payment, etc., which is spontaneous due to the user's finances. . . Volatility is the best way for bitcoin to make its mark, it won't become stable in the future, at least I think no one can expect bitcoin to be stable.
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Paul Pogba
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May 04, 2022, 02:09:51 PM |
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I think the high fluctuations in bitcoin prices make anyone interested in bitcoin, if the bitcoin price is stable then many investors will switch to other types of investment because the investment goal of course is profit.
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Wong Gendheng
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May 05, 2022, 07:56:20 AM |
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It is interesting that although the current Bitcoin marketcap is almost $ 1 trillion, price fluctuations are still high, this proves that the decentralization system is better and profitable and has become a great potential to be used as long -term investment.
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stepwilli
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May 06, 2022, 05:42:07 PM |
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It is interesting that although the current Bitcoin marketcap is almost $ 1 trillion, price fluctuations are still high, this proves that the decentralization system is better and profitable and has become a great potential to be used as long -term investment.
But what do you expect? The price should increase and remain high? I don't think that's possible. A higher market cap could mean that more people are now involved in btc so therefore the fluctuation can be more stronger than usual because each of us has our own goals and not all are willing to hold their bitcoins forever. Also it is said that trading is more profitable than investing, this can help the price to fluctuate more because people will just buy and sell in quicker time frames. Even if the fluctuation is high, this doesn't remove the possibility of manipulations but being decentralized is more than just manipulations and yes many prefer this.
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kelonmusk
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May 06, 2022, 06:19:31 PM |
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It is interesting that although the current Bitcoin marketcap is almost $ 1 trillion, price fluctuations are still high, this proves that the decentralization system is better and profitable and has become a great potential to be used as long -term investment.
But what do you expect? The price should increase and remain high? I don't think that's possible. A higher market cap could mean that more people are now involved in btc so therefore the fluctuation can be more stronger than usual because each of us has our own goals and not all are willing to hold their bitcoins forever. Also it is said that trading is more profitable than investing, this can help the price to fluctuate more because people will just buy and sell in quicker time frames. Even if the fluctuation is high, this doesn't remove the possibility of manipulations but being decentralized is more than just manipulations and yes many prefer this. sometimes I also apply as you have described. I will never know what it's like to trade if I don't try and vice versa. So don't be surprised if the market capitalization of btc is increasing every day because everyone wants to make a profit by trading short-term and not just relying on long-term investments.
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barbara44
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May 06, 2022, 06:55:26 PM |
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The value of bitcoin is the power of ideological belief, volatility is what it means. Stability only works for traditional forms, bitcoin does not create stability, but represents the value of use, investment, accumulation, payment, etc., which is spontaneous due to the user's finances. . . Volatility is the best way for bitcoin to make its mark, it won't become stable in the future, at least I think no one can expect bitcoin to be stable.
It will become "stable" in the sense that the ups and downs may not be as high as it is right now. Consider it in a way that when we did 20x and even more increases, that won't happen in the future, or at least I assume it probably won't be. Imagine a time comes and bitcoin becomes one million dollars, how could we even attempt to go up like that ever again? Or when we are going down, we had 80%+ drop in the past at 2017, now we are not even seeing that much, and in the future when it is much bigger it will definitely not be even like today. So, it is still way more volatile than traditional markets and will stay that way forever but it will be more stable than what it used to be 5 years ago or before that.
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ajochems
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May 06, 2022, 08:33:33 PM Last edit: May 08, 2022, 11:23:21 PM by ajochems |
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Now the price of the bitcoin was reduced further and attained a new low value of past 2 months.Before the war,the price of bitcoin was stable with certain price.The most important one was its better time to inverse your money.Now the market was dump huge,most of the traders had cash out from the crypto currency,this was the enough reason for the price to reduce below the chart expected one.
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Kadal Ijo
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May 07, 2022, 07:43:58 AM |
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The thing that can make Bitcoin stable is a large marketcap, I'm sure if the price of 1 Bitcoin reaches $ 1 million it will look stable, this is because it will be difficult for speculators to influence prices, and I'm sure someday will happen so that the best thing we do is waiting.
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cryptomaniac_xxx
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May 07, 2022, 10:22:51 PM |
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The thing that can make Bitcoin stable is a large marketcap, I'm sure if the price of 1 Bitcoin reaches $ 1 million it will look stable, this is because it will be difficult for speculators to influence prices, and I'm sure someday will happen so that the best thing we do is waiting.
Nah, I doubt that it will be stable in any sense, even if it reaches $1 million in the future. The thing with bitcoin is that there are a lot of players in the market, hence we don't know if on the other side of the world, someone is selling, and on the other side, someone is selling. So I guess it's better not to expect that it will be stable, take advantage of it's volatility and make some money out of it.
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Marvell1
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May 08, 2022, 09:16:33 AM |
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I think the high fluctuations in bitcoin prices make anyone interested in bitcoin, if the bitcoin price is stable then many investors will switch to other types of investment because the investment goal of course is profit.
We invest in bitcoin hoping to get profit or get rich from it so don't expect bitcoin to be stable. I think if bitcoin stabilizes, many speculators will leave the market because bitcoin is no longer profitable for them. Once interest in bitcoin wanes bitcoin price will also not be able to maintain stability. Volatility is necessary for the growth of bitcoin, the more volatile bitcoin is the higher our chances of making a profit.
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Taskford
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May 08, 2022, 09:25:17 AM |
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I think the high fluctuations in bitcoin prices make anyone interested in bitcoin, if the bitcoin price is stable then many investors will switch to other types of investment because the investment goal of course is profit.
We invest in bitcoin hoping to get profit or get rich from it so don't expect bitcoin to be stable. I think if bitcoin stabilizes, many speculators will leave the market because bitcoin is no longer profitable for them. Once interest in bitcoin wanes bitcoin price will also not be able to maintain stability. Volatility is necessary for the growth of bitcoin, the more volatile bitcoin is the higher our chances of making a profit. There will be no trading will happen if the price of bitcoin became stable and there's no reason for investors to use this if we are expecting this to became stable so its really impossible that this might happen in future. So for sure majority will select the high volatile bitcoin that a stable one because chances for gaining profit on it will gone.
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Odusko
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May 08, 2022, 09:45:08 AM |
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If we expect Bitcoin Bitcoin to have a fixed price then we are not prepared for the true nature of Bitcoin Bitcoin has many factors that make its price never to be stable and with the prevailing factors it impossible for Bitcoin to have stability in its price and that is why there is constant volatility in the price of Bitcoin.
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19Nov16
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May 08, 2022, 09:47:06 AM |
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The current bitcoin marketcap which is still small will certainly be easily controlled by some of the world's richest people who are currently actively investing in bitcoin, for example millionaire Elon Musk who is still active in investing in bitcoin and makes a significant price spike in 2021, unfortunately after more than 6 months market continues to fall elon musk has not tweeted anything positive about bitcoin.
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ethereumhunter
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May 08, 2022, 10:39:30 AM |
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I think the high fluctuations in bitcoin prices make anyone interested in bitcoin, if the bitcoin price is stable then many investors will switch to other types of investment because the investment goal of course is profit.
We invest in bitcoin hoping to get profit or get rich from it so don't expect bitcoin to be stable. I think if bitcoin stabilizes, many speculators will leave the market because bitcoin is no longer profitable for them. Once interest in bitcoin wanes bitcoin price will also not be able to maintain stability. Volatility is necessary for the growth of bitcoin, the more volatile bitcoin is the higher our chances of making a profit. There will be no trading will happen if the price of bitcoin became stable and there's no reason for investors to use this if we are expecting this to became stable so its really impossible that this might happen in future. So for sure majority will select the high volatile bitcoin that a stable one because chances for gaining profit on it will gone. It all happened because nowadays, everyone wants to profit from bitcoin so that makes the price unstable. The volatility of bitcoin will always be there and if people can use that volatility, then they can only benefit. Apart from that, they also invest in bitcoin because they want to make a profit in the future. People try to buy low and sell high so that keeps the price changing all the time. If they want stable prices, maybe they can choose stable coins but the benefits are not like if they choose bitcoin.
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davis196
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May 08, 2022, 11:11:29 AM |
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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
What do you mean by the market working effectively?Isn't the current Bitcoin market working effectively? I think that having price volatility is a proof that the BTC market is effective-lots of people are buying,other people are selling,the price is moving up and down,because the buy and sell orders cannot be balanced all the time. It has been stated many times on the forum,that a stable Bitcoin price cannot be achieved. Even if this is theoretically possible,it will simply make Bitcoin boring and a lot of traders/investors will leave the BTC market.
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