Bitcoin Forum
June 06, 2024, 06:49:44 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Do you prefer new all time highs over a steady price?
Steady Price
Volatility

Pages: « 1 [2]  All
  Print  
Author Topic: Bitcoin monetary policy  (Read 311 times)
coupable
Hero Member
*****
Offline Offline

Activity: 2380
Merit: 757


View Profile
June 21, 2022, 11:59:33 PM
 #21

The world of cryptocurrency is dependent on Volatility.  For example, if the price of Bitcoin was as stable as it was in 2013, I don't think Bitcoin could raise such a hype. Not only this , Traders are also trade based on volatility, but agree that high volatility often puts us at risk.

I don't know why these attributes are only called Bitcoin when all products on the market are subject to the same standards. I believe that the current situation of the market is the reason for spreading concerns about Bitcoin, which is what prompts people to do more reviews and analyzes, but I do not think that this allows Bitcoin to be removed from its general framework as a virtual product, that is, it does not have a physical presence and is subject to all these standards like other products .
hZti (OP)
Hero Member
*****
Offline Offline

Activity: 966
Merit: 642

Magic


View Profile
June 22, 2022, 11:33:21 AM
 #22

The world of cryptocurrency is dependent on Volatility.  For example, if the price of Bitcoin was as stable as it was in 2013, I don't think Bitcoin could raise such a hype. Not only this , Traders are also trade based on volatility, but agree that high volatility often puts us at risk.

I will disagree with this. There could have been the same hype but with different people. We could have seen a hyoe under small business owners to accept bitcoin. Instead we saw a hype for speculators who want to make money and started to see less and less adoption by business since the value was to unsteady and it was for example impossible to write a price tag because the price changes to fast.
TheGreatPython
Sr. Member
****
Offline Offline

Activity: 2548
Merit: 329



View Profile
June 22, 2022, 07:20:01 PM
 #23

For those looking to escape living their life pay check to pay check, then volatility makes sense if they can time it right. For those that want massive amounts of adoption, and also consumer confidence, a steady price is what you want.

For me, I'm comfortable with Bitcoin being volatile for the time being. However, in the future I would want, and expect it to become a more stable currency. It's basically designed this way, as time goes on, and less Bitcoin is being mined, and therefore introduced into the network, the less volatile it becomes. You can almost compare block rewards like printing money off, expect it's already preplanned in Bitcoin to have these injections, and it gets smaller as time goes on, until it's no longer anything. However, for the short term while we do have these mini injections, we see somewhat the same as if the governments printed money off in fiat. We get a sudden increase in the amount of Bitcoin available, which theoretically pushes prices down, because while the demand might still be the same, there's ultimately more coins in the network.

When block rewards are gone, Bitcoin should theoretically become very stable.
I would guess that both could happen together, doesn't really require anything changing from the current market. How? Well, simple really, people who are looking to espace paycheck to paycheck could end up liking a stable bitcoin which goes up decently without much volatility, doesn't need to make like 10x profits like it does now but shouldn't crash neither.

Or, if we can't stop the volatility, then people who want adoption could get it adopted a lot via either volatility being a good thing, or stablecoins like USDT or BUSD offering more stable entrance to crypto for other people. So we could have both of those people in this current market.

       ███████████████▄▄
    ██████████████████████▄
  ██████████████████████████▄
 ███████   ▀████████▀   ████▄
██████████    █▀  ▀    ██████▄
███████████▄▄▀  ██  ▀▄▄████████
███████████          █████████
███████████▀▀▄  ██  ▄▀▀████████
██████████▀   ▀▄  ▄▀   ▀██████▀
 ███████  ▄██▄████▄█▄  █████▀
  ██████████████████████████▀
    ██████████████████████▀
       ███████████████▀▀
.
Duelbits
███████████████████████████████████████████████    ████    ████    ████
████    ████    ████

.
THE MOST REWARDING CASINO
.
████    ████
███████████████    ████    ████
   ▄▄▄▄████▀███▄▄▄▄▄
▄███▄▀▄██▄   ▄██▄▀▄███▄
████▄█▄███▄█▄███▄█▄████
███████████████████████   ▄██▄
██     ██     ██     ██   ▀██▀
██ ▀▀█ ██ ▀▀█ ██ ▀▀█ ██    ██
██  █  ██  █  ██  █  ██
█▌  ██
██     ██     ██     ████  ██
█████████████████████████  ██
████████████████████████████▀
█████████████████████████
█████████████████████████
████████████████████████▌
     +4,000     
PROVABLY FAIR
GAMES
  $500,000 
MONTHLY
PRIZE POOL
    $10,000   
BLACKJACK
GIVEAWAY
wiss19
Sr. Member
****
Offline Offline

Activity: 2142
Merit: 341



View Profile
June 25, 2022, 03:23:49 PM
 #24

A bull or a bear, there will always be a topic for it on this forum because this is a bitcoin forum so people here must track all the on going movements of this coin but those who complains and dislikes the bear or the fall in the price are clearly came here for the profit and not because of the technology of it. All they want all the time is to earn but they can not accept losing which is not a normal thinking anymore but in any types of business, there must always be a risk. Btc is volatile but it is already proven to be successful since it got this far (over 13 yrs of existence) and most of the feedbacks are also positive. This is what makes it unique to other normal currencies.

Quote
If you look for example now at bounty payments, campaigns that pay in usd are in a shitty position since they run out of btc quickly and vice versa. A more stable currency makes your business more predictable and therefore more successful.
They are in a shitty position because their project are simply shitty as well.  They don't run out of btc, because they didn't held any btc at the first place since bounty campaigns only pays in tokens but they only do an estimation in the form usd. Being successful or predictable isn't about the stableness of the currency but it's about how they develop their projects.

███████████████████████
████████████████████
██████████████████
████████████████████
███▀▀▀█████████████████
███▄▄▄█████████████████
██████████████████████
██████████████████████
███████████████████████
█████████████████████
███████████████████
███████████████
████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
█████████████████████████
O F F I C I A L   P A R T N E R S
▬▬▬▬▬▬▬▬▬▬
ASTON VILLA FC
BURNLEY FC
BK8?█▀▀▀











█▄▄▄
.
PLAY NOW
▀▀▀█











▄▄▄█
kryptqnick
Legendary
*
Offline Offline

Activity: 3122
Merit: 1389


Join the world-leading crypto sportsbook NOW!


View Profile
June 25, 2022, 05:05:33 PM
 #25

That's a good question, actually. I thought of it before, and I think I'd be okay with a stable reasonable price (say, $40k). That would be good for adoption and usage of Bitcoin as money, and it would make people less afraid of Bitcoin because it wouldn't be so volatile. But I also know a person whose well-being basically depends on the constant growth of Bitcoin and the ability to sell and high points and stay with reasonable savings for the future. And volatility is what attracts both traders and investors. Also, I can't say that I mind it when Bitcoin rises, it doesn't hurt to have more than you used to have. So I'm okay with it being volatile, but I guess it would be better if it didn't lose as much value and in return grew at a slower rate.

  ▄▄███████▄███████▄▄▄
 █████████████
▀▀▀▀▀▀████▄▄
███████████████
       ▀▀███▄
███████████████
          ▀███
 █████████████
             ███
███████████▀▀               ███
███                         ███
███                         ███
 ███                       ███
  ███▄                   ▄███
   ▀███▄▄             ▄▄███▀
     ▀▀████▄▄▄▄▄▄▄▄▄████▀▀
         ▀▀▀███████▀▀▀
░░░████▄▄▄▄
░▄▄░
▄▄███████▄▀█████▄▄
██▄████▌▐█▌█████▄██
████▀▄▄▄▌███░▄▄▄▀████
██████▄▄▄█▄▄▄██████
█░███████░▐█▌░███████░█
▀▀██▀░██░▐█▌░██░▀██▀▀
▄▄▄░█▀░█░██░▐█▌░██░█░▀█░▄▄▄
██▀░░░░▀██░▐█▌░██▀░░░░▀██
▀██
█████▄███▀▀██▀▀███▄███████▀
▀███████████████████████▀
▀▀▀▀███████████▀▀▀▀
▄▄██████▄▄
▀█▀
█  █▀█▀
  ▄█  ██  █▄  ▄
█ ▄█ █▀█▄▄█▀█ █▄ █
▀▄█ █ ███▄▄▄▄███ █ █▄▀
▀▀ █    ▄▄▄▄    █ ▀▀
   ██████   █
█     ▀▀     █
▀▄▀▄▀▄▀▄▀▄▀▄
▄ ██████▀▀██████ ▄
▄████████ ██ ████████▄
▀▀███████▄▄███████▀▀
▀▀▀████████▀▀▀
█████████████LEADING CRYPTO SPORTSBOOK & CASINO█████████████
MULTI
CURRENCY
1500+
CASINO GAMES
CRYPTO EXCLUSIVE
CLUBHOUSE
FAST & SECURE
PAYMENTS
.
..PLAY NOW!..
barbara44
Hero Member
*****
Offline Offline

Activity: 2422
Merit: 605


CoinPoker.com


View Profile
June 28, 2022, 07:20:50 PM
 #26

Easily volatility. If I wanted regular boring investment, I would have invested into stock market and would make money that way, why would I do something like that when it is a lot easier to make a profit this way?

It's clear to me that the best way to make money right now would be to wait and earn that INSANE return, because crypto will be like that very soon, we have been down for nearly a year right now, or it is getting there at least during this Q4, and the return will be something crazy like 10x or even more.

Stable would mean that all of that would be gone, and what's the point of crypto investment if we are not going to lose a lot and earn a lot, we need to get that high ups and downs to make it different.

Clochaard
Newbie
*
Offline Offline

Activity: 22
Merit: 0


View Profile
July 01, 2022, 05:57:17 AM
 #27

Imo, all the markets are volatile. Though, crypto may be the most volatile but forex and stocks are also volatile. It is important that one knows how to identify potential opportunities for making profits.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!