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Author Topic: Will Bitcoin's price stabilize someday?  (Read 1157 times)
Mahanton
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May 27, 2022, 11:12:35 PM
 #161

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.
Honestly,we don't need Elon and the market isn't really revolving only with these whales or billionaires although they could give out some significant impact in the market but won't be totally 100% relying on it but in speaking with Bitcoin potential then this is something that can't really be ignored but don't expect for that stability because as long there are buyers and sellers in the market then price would be always moving.

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May 29, 2022, 04:35:28 AM
 #162

If bitcoin is stable it will be worthless, the thing that makes bitcoin grow rapidly is because of decentralization, namely everyone makes speculation for profit, when prices are stable there is no hope for investors to profit, especially now that there are more and more payment systems that have a strong reputation such as paypal.
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May 30, 2022, 10:53:09 PM
 #163

The market moves were much associated with the demand to supply and not like the traditional market that have got different parameters. Being speculative the market at times gets manipulated. In the past Whales used to manipulate the market with negative news creating panic among the users.

People are always emotional when it comes to money. In recent days influencers were able to make movements in the market. Slowly this has been changing and people have understood the real market. Nowadays the market isn't that reactive to panic waves as well as influencers like Elon Musk.

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May 30, 2022, 11:17:11 PM
 #164

If bitcoin is stable it will be worthless, the thing that makes bitcoin grow rapidly is because of decentralization, namely everyone makes speculation for profit, when prices are stable there is no hope for investors to profit, especially now that there are more and more payment systems that have a strong reputation such as paypal.
It would really be indeed useless because if it do moves like a stable coin then for sure the community would leave since they could'nt able to make money or profits due to volatility.
We cant really deny the fact that volatility is one of the reasons on why people do really stick into it plus having that assurance since its the main coin that had been supported by the community
which means volume and liquidity is really there. Stabilization kind of hope is really just good to those stablecoins but for bitcoin? It cant really be possible where its
price will really be always having that volatile kind of characteristics.

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June 04, 2022, 05:53:24 PM
 #165

The market moves were much associated with the demand to supply and not like the traditional market that have got different parameters. Being speculative the market at times gets manipulated. In the past Whales used to manipulate the market with negative news creating panic among the users.

People are always emotional when it comes to money. In recent days influencers were able to make movements in the market. Slowly this has been changing and people have understood the real market. Nowadays the market isn't that reactive to panic waves as well as influencers like Elon Musk.

Although the reason we think manipulation are not coming frequently is that the market is now getting a little matured. Back in the days even things as unrealistic as Facebook building libera coin was manipulative to the market. The likes of McAfee manipulated the market. So I think that what has happened now is that more awareness and hodlers have been built into the market. Regarding to manipulation, it is really taking a downslide but volatility will continue because bitcoin is not regulated.
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June 06, 2022, 01:03:44 PM
 #166

Although the reason we think manipulation are not coming frequently is that the market is now getting a little matured. Back in the days even things as unrealistic as Facebook building libera coin was manipulative to the market. The likes of McAfee manipulated the market. So I think that what has happened now is that more awareness and hodlers have been built into the market. Regarding to manipulation, it is really taking a downslide but volatility will continue because bitcoin is not regulated.
It's not the market that are now matured but it was the people (their thinking) they don't act like a kid anymore that got disappointed and cry wherever they see the price falling or whenever there is a negative news. They are now calm and they know that it was an opportunity. Facebook's plan to build a stable coin is not unrealistic.

It is not different to other projects but that scared the hell of us because we think it can affect btc and other existing cryptos. Good thing it was postponed. Mcafee didn't manipulate the market but he was only spreading fuds but he was not successful with his motive. Manipulation has a good side as long as you know how to react with it and about volatility, I also think it will remain and it is a good thing.

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June 08, 2022, 04:48:30 AM
 #167

I think bitcoin will never be stable, if the market cap rises more than 100x from now then fluctuations will continue to occur, there are always those who spread FUDs so there will always be panic and sell bitcoins, and I think this is what gives us the opportunity to profit, if it is stable Of course it will not be of interest to traders, especially now that there are many stable coins.
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June 08, 2022, 05:21:36 AM
 #168

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.

Bitcoin is dominantly considered as a store of value, there might only be a small percentage where some people are trading their Btc, but mostly it is being held for a long term profit.
If Bitcoin will be used as a currency more than what it is today, volatility might be minimized. However, even If all Btc is mined in the future, If we keep doing what we do with Btc today, volatility will never end, but who knows what will happen in the next 50-60 years most of us might not be here anymore to witness the next BTC evolution (whether or not it continues to be volatile).

R


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June 08, 2022, 05:31:19 AM
 #169

I think bitcoin will never be stable, if the market cap rises more than 100x from now then fluctuations will continue to occur, there are always those who spread FUDs so there will always be panic and sell bitcoins, and I think this is what gives us the opportunity to profit, if it is stable Of course it will not be of interest to traders, especially now that there are many stable coins.
and how can be a volatile currency turns stable ? so the concept of crypto will gone then ? maybe stabilization will come once the all Bitcoin mined and when all legit altcoin turns valuable and usable as how Bitcoin does.
but for now? we will remain as this that the value will keep up and down and will be moving upward when bullish and downward when Bearish.
we have seen this many times so there is no way that we  will still expect this to happen.









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June 08, 2022, 05:41:28 AM
 #170

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. Smiley

There is no straight answer to your question because historically Bitcoin has been very volatile since it was launched but I believe it will stabilize when its marketcap will increase to the level of Gold or stock market. Then it will become difficult for whales to manipulate because its investment base will be broadened. Though current volatility in Bitcoin price is main hurdle to adopt it as method payment but for long term investors it is an opportunity to buy low and sell high and book huge gains.









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