The BTC price must stabilize in the long run.

[hatshepsut93]

Take gold for example - on a scale of 5-10 years it is far from stable, and this is gold - an asset with thousands of years of history, with very little uncertainty about its current and future role. Bitcoin has way smaller volume and market depth than gold, and huge uncertainty, as people still debate whether it is useless or the next big thing. Bitcoin is going to be volatile for decades, if not hundreds of years.

[TheClownSong]

Take gold for example - on a scale of 5-10 years it is far from stable, and this is gold - an asset with thousands of years of history, with very little uncertainty about its current and future role. Bitcoin has way smaller volume and market depth than gold, and huge uncertainty, as people still debate whether it is useless or the next big thing. Bitcoin is going to be volatile for decades, if not hundreds of years.

adoptin be the key bitcoin volatility in future, if we mass adopted and blockchain technology applied in many tech system it would not be same with gold which is only as an assets not as technology. alot people look bitcoin like gold as assets but they dont see the technology behind it. soon it will usefull in any system information that will replace old technology.

[tomos81]

BTC is a virtual asset in the world of cryptocurrency that attracts people day by day. When Bitcoin is integrated, its market value will increase further.After a few years, people will rely on Bitcoin because people are increasingly relying on cryptocurrencies.All the other coins are altcoins From time to time people will lose confidence.
So Bitcoin will be considered as the coin of all time because people have started relying on it.

[Gyfts]

Volatility is the only reason we haven't seen mass adoption IMO, which is unfortunate because generally the only way to fix volatility is for mass adoption.

Price should stabilize in the long term with more users. It'll take decades, though. It's why I find it so bizarre for people to panic when there are sudden shifts or corrections in the price. If you're someone that's holding, expect to be holding for a while. Your patience will be rewarded.

[Darker45]

So, is this, in effect, arguing against the claim of a number of prominent Bitcoin supporters that Bitcoin's overall price increase could be nonstop?

I myself believe that at a certain point, when its use would become highly widespread, the price would somehow stabilize. When every single country already uses Bitcoin, the increase in demand would surely slow down. It wouldn't be like today when people are grabbing the opportunity as early adopters, racing against time and supply. Neither would there be heavy dump as Bitcoin is already in active use as a currency. So a certain level of stability would be reached.

Which means, it is indeed more urgent to stack now while the upward trajectory is still there. There might come a time when Bitcoin's price reaches a more or less permanent boring movement. When that time comes, the treatment of Bitcoin as an investment will be gone.

[TheNineClub]

It will for sute have to stabilize if it really want's to get over this step and have more adoption (good or bad, whatever it may be). But the process might not be so natural, or rather it will be hard to tell if it's natural or sligtly pushed by the need for regulation and centralasation. That remains to be seen.

[yhiaali3]

Getting rid of volatility Yes, this is, but how does this happen with the presence of whales and large institutions that own the largest amounts of Bitcoin and control the market, it is true that the euro and the dollar, as you mentioned, are concentrated in the hands of a small group, and despite that they are stable and not volatile, but there is a central authority that controls the dollar or The euro and trying to make it stable constantly, this thing is not available in Bitcoin because it is completely decentralized, whales will continue to manipulate the market constantly, but I agree with you that it is possible that betting on the time factor is the only solution to get the required stability naturally.

[teosanru]

The only way to get people to stop worrying and shying away from Bitcoin, is to banish the volatility aspet of it, naturally.

I put emphasis on the word "naturally" because you cannot force a monetary process to establish itself in a few short years. The price and users must gradually reach an inflection point on their own.

It is similar to implementing the Euro as the official European currency. By no means were the governments rushed to scrap their central bank currencies, they were give ample time (about a decade or two IIRC) to phase it in, in stages.

So Bitcoin, and anything that wants to follow it in market capitalization, must be introduced to the public in phases, which could take a very long time.

The rest of the altcoins that do not stabilize can disappear (e.g. Solana), I have no pity for them as they only serve to give larger cryptocurrencies (and crypto in general) a bad name in the news.

I think if we are talking about it to happen naturally it definitely will after some point in time when there are a lot of users which are able to put pressure from both sides just as it happens in various other mature markets it will definitely stabilise at some time but it will take a lot of time maybe more than a decade before this might happen. Not only because this a very new market but also because market participants have entered in this market to enjoy the volatility only and also the concentration of total supply is pretty skewed in hands of big guns.

[Google+]

there is probably no volatility term for Bitcoin holders in the long term. i agree we should eliminate volatility naturally in our investment aspect. maybe various negative arguments arise when we can provide positive things in the progress of the investments we make. This comparison may be difficult for some people because when the market is volatile suddenly they will be a little worried about the decline in the condition of their assets against Fiat. well like the extreme market that happened recently almost some people lose control when making decisions, so can we prevent those ridiculous decisions if we can maybe we will become millionaires in the next era and isn't volatility a very influential aspect in extreme market conditions.

[hugeblack]

If we look at the currencies of the poor countries, we will find that they are highly volatile against the dollar and therefore Bitcoin will remain volatile as long as it is decentralized, but the intensity of these volatility will decrease because it is difficult to liquidate about 3 trillion from the market within two or three days (therefore, it is almost impossible to get a 20% correction within A day if we reach twice the capacity of the gold market)

The model has changed dramatically during the last years from the first years.

[2stout]

It will in the long run but the thing is, believe it or not, we are still very much in the early stages, not at the beginning but nowhere near the peak either.  The long run timeframe may mean it's quite possible we aren't around to see it.  However, regulation may speed up stabilization, but the fear is this may somewhat bastardize things if overdone, which some central governments have the tendency to do.

[hatshepsut93]

adoptin be the key bitcoin volatility in future, if we mass adopted and blockchain technology applied in many tech system it would not be same with gold which is only as an assets not as technology. alot people look bitcoin like gold as assets but they dont see the technology behind it. soon it will usefull in any system information that will replace old technology.

No one seriously doubts the Bitcoin protocol and its ability to deliver on what it claims - being a p2p global censorship-resistant network. It's irrelevant if "blockchain technology" is applied in other spheres or not, I personally have been viewing it as a failure for quite some time - the hype started 6 years ago, and still zero results. If there was some merit to it, there would already be some promising results, but there are none such. According to your idea that Bitcoin depends on public perception of blockchain technology, Bitcoin would have already crashed to the ground.

[AmoreJaz]

It will in the long run but the thing is, believe it or not, we are still very much in the early stages, not at the beginning but nowhere near the peak either.  The long run timeframe may mean it's quite possible we aren't around to see it.  However, regulation may speed up stabilization, but the fear is this may somewhat bastardize things if overdone, which some central governments have the tendency to do.

i also believe that we are still in the early stage of this market to aim for stabilisation. even after a decade of existence, btc is still very much volatile which attracts a lot of attention of enthusiasts. government intervention may indeed aid in this stabilisation factor. but it is still a long way to go. what we have right now is a good playing ground for traders as well as investors.

[South Park]

The only way to get people to stop worrying and shying away from Bitcoin, is to banish the volatility aspet of it, naturally.

I put emphasis on the word "naturally" because you cannot force a monetary process to establish itself in a few short years. The price and users must gradually reach an inflection point on their own.

It is similar to implementing the Euro as the official European currency. By no means were the governments rushed to scrap their central bank currencies, they were give ample time (about a decade or two IIRC) to phase it in, in stages.

So Bitcoin, and anything that wants to follow it in market capitalization, must be introduced to the public in phases, which could take a very long time.

The rest of the altcoins that do not stabilize can disappear (e.g. Solana), I have no pity for them as they only serve to give larger cryptocurrencies (and crypto in general) a bad name in the news.

Agree with the fact but how it will be possible when 90% of BTC will be held by big institutes and few individuals in the future. This would be possible if BTC has been evenly distributed or held by people. Whales hold most of the BTC which makes it an ideal asset to manipulate the markets when most of retails investors failed to hold it for long because of their impatience nature.

Even if bitcoin was somehow evenly distributed from the beginning and everyone knew how important it would be eventually a disparity in the amount of bitcoin held will appear, so even in that hypothetical scenario it would be impossible to reduce the volatility of bitcoin, I understand that most people are very conservative and as such the volatility scares them, but the volatility will never disappear, bitcoin and its limited supply by nature increase the volatility in the system, since when there is an increase in the demand it is impossible to increase the supply except with the process of mining bitcoin, so this creates an environment in which the price of bitcoin will always be more volatile than fiat or precious metals.

[Betwrong]

~
So Bitcoin, and anything that wants to follow it in market capitalization, must be introduced to the public in phases, which could take a very long time.
~

I agree that it can't happen instantly, but "a very long time" sounds scary to me. After all, it didn't take a very long time for EURO, right? If you mean, we need a couple more years for general public to finally realize that Bitcoin is here to stay because it's a convenient and secure money to use in the future, then I absolutely agree with you, because, indeed, we are not there yet. It's easy to smear something new and unknown to the average Joe and Jane, and that's what some "financial experts" are doing regarding Bitcoin, and many people believe them. But luckily today we have many other financial experts



and certainly we'll have more of them in the future because truth overcomes lies and deceit.

[barbara44]

And when btc finally stabilizes people will then wishes it to fluctuate because how can they be able to buy cheap and how can they be able to earn massively? That's always their mentality so better if we will just ignore them.

We don't need them here and even if most of them are gone, there's still a lot of btc supporters out there and there will always be new people that will enter on this space. Solana and other top alts aren't the one that gave btc a bad name but it was those scam coins. It's also the fault of those who invest on them. Once those people get scammed, this will then create a headline and those who don't have a knowledge in crypto will think that all here are scam including the btc.

[Betwrong]

And when btc finally stabilizes people will then wishes it to fluctuate because how can they be able to buy cheap and how can they be able to earn massively? That's always their mentality so better if we will just ignore them.

We don't need them here and even if most of them are gone, there's still a lot of btc supporters out there and there will always be new people that will enter on this space. Solana and other top alts aren't the one that gave btc a bad name but it was those scam coins. It's also the fault of those who invest on them. Once those people get scammed, this will then create a headline and those who don't have a knowledge in crypto will think that all here are scam including the btc.

True, but we can't avoid situations like that. Scammers, they will always be there, associated with a project no matter how good the project itself is. But, of course, scamming people is a bad thing, while trading is not. There's nothing wrong with buying low and selling high. So, I personally don't mind volatility much. Our world is volatile, and Bitcoin is a part of it.

[RealMalatesta]

And when btc finally stabilizes people will then wishes it to fluctuate because how can they be able to buy cheap and how can they be able to earn massively? That's always their mentality so better if we will just ignore them.

We don't need them here and even if most of them are gone, there's still a lot of btc supporters out there and there will always be new people that will enter on this space. Solana and other top alts aren't the one that gave btc a bad name but it was those scam coins. It's also the fault of those who invest on them. Once those people get scammed, this will then create a headline and those who don't have a knowledge in crypto will think that all here are scam including the btc.

True, but we can't avoid situations like that. Scammers, they will always be there, associated with a project no matter how good the project itself is. But, of course, scamming people is a bad thing, while trading is not. There's nothing wrong with buying low and selling high. So, I personally don't mind volatility much. Our world is volatile, and Bitcoin is a part of it.

Scamming is such an "easy" way of making money for some people. All you have to do is work hard to convince people to believe in you, and you can make a bulk amount of money together. Just think of companies that scam you. Think of an exchange, normally they make money from the trading fee, and if they just decide to take all the money in their accounts and leave? That would be gigantic compared to what trading fee profits would bring you.

This is why I believe that the best thing to do right now is not get scammed, but also understand why scammers do it. If you realize what the angle someone talks to you, then you will see if they are scammers or not.

[dansus021]

I would say will agree with this one but i don't think this is possible you can take a look at the gold, Gold can fight against inflation and you can see the price of gold is driven up and this happen to bitcoin that i would say fight against inflation as well but crypto is volatile in short term like bitcoin did

[South Park]

And when btc finally stabilizes people will then wishes it to fluctuate because how can they be able to buy cheap and how can they be able to earn massively? That's always their mentality so better if we will just ignore them.

We don't need them here and even if most of them are gone, there's still a lot of btc supporters out there and there will always be new people that will enter on this space. Solana and other top alts aren't the one that gave btc a bad name but it was those scam coins. It's also the fault of those who invest on them. Once those people get scammed, this will then create a headline and those who don't have a knowledge in crypto will think that all here are scam including the btc.

This is very common, people want to make bitcoin to have different characteristics than the ones it currently has and that are given to it by its code, and this is not possible, and the ones that want this more than anyone else are politicians, it is very common to see how they wish for bitcoin to work differently than the way it does, and most of the time we see that they want bitcoin to just become another form of fiat they can control, and that is never going to happen as bitcoin was specifically created to work differently than their fiat currencies and this drives them crazy.