The BTC price must stabilize in the long run.

[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.

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.

I don't think it's easy, tbh. Actually, far from it. We have a lot of scammers around because the world is big, and with the invention of the Internet it has become bigger, thousands times bigger than before. And not only because the world population is growing, but mainly because now you can be sitting at your home in Belgium and be scammed by someone from Nigeria, and vice versa. Very few people are capable of convicing others in something. Sadly, many of them use their gift for evil.

But I was saying to @barbara44 here that there's nothing wrong with buying low and selling high. It's not scamming, and it's not a bad thing at all. It's called trading. And traders are not enemies of the Bitcoin community. They are part of it.

[Hamphser]

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.

I don't think it's easy, tbh. Actually, far from it. We have a lot of scammers around because the world is big, and with the invention of the Internet it has become bigger, thousands times bigger than before. And not only because the world population is growing, but mainly because now you can be sitting at your home in Belgium and be scammed by someone from Nigeria, and vice versa. Very few people are capable of convicing others in something. Sadly, many of them use their gift for evil.

But I was saying to @barbara44 here that there's nothing wrong with buying low and selling high. It's not scamming, and it's not a bad thing at all. It's called trading. And traders are not enemies of the Bitcoin community. They are part of it.

How the hell would someone be treating that buying and selling or simply trading do really be ending up to be scamming? Dont know on where they do get that idea on mind.

Its just pure common sense and doesnt need to be technical or do make in depth research about definition about scamming and trading.
Back on the topic about bitcoin price must stabilize? Havent we realize on why bitcoin do get attention that much? Because one of its volatility or moving prices.
People could make out money or profits out of its price volatility even though not all and the other side losses but we do see its potential.
Not only for money making opportunity but also with the utility and usage that we could really able to attain.

[gunhell16]

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.

As I see Bitcoin as time goes on, its price in the market is going up, and we have all seen that since 2009 which started with less than 1 $ each Bitcoin is now priced at 20k $ more than one. Although it has fallen from a high price of more than 69k $ and it can be said if it really stabilizes, especially now that many believe that bitcoin in the future will possibly be 100k $ each or more so many are buying now and they are holding it's a few years from now.

[uneng]

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

Bitcoin price is volatile because there are too many coins held in few hands. If there were less whales, bitcoin would become more stable. That is how market manipulation loses strength and impact, since bullish and bearish tendencies would be smoother, so investors in general don't feel forced to sell their portfolios due to possible crashes and consequently there isn't panic selling waves.
Thankfully, it's already happening, although in short steps and small dosages. But I really think potential and small investors should pay more attetion to this reality and help bitcoin to become really decentralized, that is, splitted among most hands as possible.

[noorman0]

But in fact the volatility of bitcoin is what attracts people even though they eventually give up themselves because the volatility is not as good as expected and creates the bad news.
If bitcoin is to become stable, I estimate bitcoin will lose more than half of its users as the majority are only concerned with profits rather than advantages. It wouldn't make any difference to the fiat they use on a daily basis, in fact I doubt that 70% of current bitcoin holders ever use it onchain.

[qwertyup23]

Only when it's more regulated and the adoption gets bigger will the market will be stabilized.

With lack of regulation, these whales will try to manipulate the market for them to gain from the ignorance of some investors, especially the newbies who easily get panic when the price dump, so as long as they will not learn from their mistake, these manipulators will continue to take advantage.

However, if the government will come into play, I think that's where the market will become less volatile until it will achieve stability.

Regulation comes stablization but is price would be more 'controlled' in a way that it defeats volatility. I mean, the aspect of volatility is what most investors purchase BTC in the process. In the event that this happens, then what would be the difference of investing in BTC compared to investing in other instruments as well? But this kind of argument falls short when you look it purely on an investment perspective as BTC is more than just an investment.

Though this may be the case, but I think this is the only remedy if we truly want to see BTC being adopted globally and being accepted as an alternative currency. Even if China has recently ban its utilization, we may see a revival if this where to happen.

[Betwrong]

~
Back on the topic about bitcoin price must stabilize? Havent we realize on why bitcoin do get attention that much? Because one of its volatility or moving prices.
~

And because, unlike many volatile things that go to nothing within a year or two, Bitcoin has proved to be a good thing to invest in for those aiming for a long-term investment.

Skillful traders can make money with the worst assets, as long as they are volatile, but it's a risky business, not for everyone. If you don't know when to quit - you lose everything. But people who bought BTC at $19.5k in December 2017, just before the long bear markets lasting for more than 2 years, still could make nice profits afterwards.

[Smartprofit]

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.

Yes that's right.  The main question is at what price will the price of bitcoin stabilize? 

$100,000?

$500,000? 

$2,000,000? 

The answer to this question, in my opinion, depends on what Bitcoin really is.  Some experts believe that Bitcoin is digital gold.  In this case, its capitalization should be equal to the capitalization of gold, and the price of 1 bitcoin should reach approximately $500,000. 

Other experts believe that Bitcoin is the future world reserve currency.  In this case, we will see Bitcoin at a price of $2,000,000 and above.

[Betwrong]

~
Yes that's right.  The main question is at what price will the price of bitcoin stabilize? 

$100,000?

$500,000? 

$2,000,000? 

The answer to this question, in my opinion, depends on what Bitcoin really is.  Some experts believe that Bitcoin is digital gold.  In this case, its capitalization should be equal to the capitalization of gold, and the price of 1 bitcoin should reach approximately $500,000. 

Other experts believe that Bitcoin is the future world reserve currency.  In this case, we will see Bitcoin at a price of $2,000,000 and above.

I like your numbers. Indeed, do we need BTC to stabilize around $10k? Some people here would say, it's irrelevant, "One Bitcoin equals one Bitcoin", but I personally strongly disagree with such approach. Bitcoin is money, and there is an exchange rate for every pair of currencies, crypto or not. You don't say "One Venezuelan Bolivar equals one Venezuelan Bolivar", right? It's ridiculous.

[Wong Gendheng]

I think so, if Bitcoin can be more stable it will make anyone not worried to make Bitcoin as an investment, I hope what happens with gold fluctuations can occur in Bitcoin, now is the time to wait at least 3 years and hope that the marketcap can reach at least 10x from now .

[Apocollapse]

Bitcoin price can't be stable even it's already 10-50 years later since it's decentralized and no one limiting the trading activity on an exchanges. If Bitcoin price will become stable like stable coin, I would sell my coins before it's happen since it's not a Bitcoin anymore. Make Bitcoin as a stable coin is obviously the protocol are different, it's a Bitcoin fork to be honest.

I don't think if Bitcoin price already hit $500,000 , $1,000,000 or higher, we would see the price will be stable.

[m2017]

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.

Yes that's right.  The main question is at what price will the price of bitcoin stabilize? 

$100,000?

$500,000? 

$2,000,000? 

The answer to this question, in my opinion, depends on what Bitcoin really is.  Some experts believe that Bitcoin is digital gold.  In this case, its capitalization should be equal to the capitalization of gold, and the price of 1 bitcoin should reach approximately $500,000. 

Other experts believe that Bitcoin is the future world reserve currency.  In this case, we will see Bitcoin at a price of $2,000,000 and above.

If bitcoin price stabilizes, how will this fit into a deflationary pattern? Inflation will always exist. If you fix the price of bitcoin, then the purchasing power of itwill fall. The more the more time passes.

Gold or reserve currencies don't have a stabilized price either. Their rate against other currencies and each other also fluctuates. And with inflation, their purchasing power is also changing, so the prices of gold and reserve currencies are definitely not stable. So why should the price at bitcoin stabilize at any one level? It seems to me that this will never happen.

[Kakmakr]

Well, most of the early coiners and hardcore Bitcoiners wants Bitcoin to be adopted as a currency, but the high volatility has made it more attractive to speculators and they are giving fuel to the volatility in the price. People in the community should actively go out there and demand that retailers and shops start to accept Bitcoin as a payment option.

The same people should also use their votes to vote for a government that will accept Bitcoin as a currency and not just as a Commodity. Once this are accomplished... mass adoption will take place and volatility will stabilize. 

[stomachgrowls]

Bitcoin price can't be stable even it's already 10-50 years later since it's decentralized and no one limiting the trading activity on an exchanges. If Bitcoin price will become stable like stable coin, I would sell my coins before it's happen since it's not a Bitcoin anymore. Make Bitcoin as a stable coin is obviously the protocol are different, it's a Bitcoin fork to be honest.

I don't think if Bitcoin price already hit $500,000 , $1,000,000 or higher, we would see the price will be stable.

Its decentralized and there's no such thing about monopolizing into its overall supply and we know on how it well circulated into the entire community even though partitions might not really be on equal which isnt surprising because billionaire/institutions/organizations would really be always have the edge on acquiring more compared into those average joes.
Stability of price cant really be possible because its been common traded and the price is always moving every second thats why its cant really be possible for it to be stabilized.
If ever it does happen or possible then we wont able to see bitcoins popularity on what we are seeing today which it wont really be the same.
People love to play moving prices because this is where we do make out profits neither in short term or long term.

[lalabotax]

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

If we banish the volatility, people will stop investing in Bitcoin.
There is no difference between stable coins and Bitcoin if it has no volatility aspect. Almost all people are interested to hold/have Bitcoin because it has big volatility. Big volatility means a chance to gain huge profits. Without volatility, I suspect people won't be interested anymore in Bitcoin.

Don't forget that only a few people use Bitcoin as a currency, most people use it for investment purposes. Banishing the volatility kills investors' interest, which means killing the future of Bitcoin.

[Natalim]

Well, most of the early coiners and hardcore Bitcoiners wants Bitcoin to be adopted as a currency, but the high volatility has made it more attractive to speculators and they are giving fuel to the volatility in the price. People in the community should actively go out there and demand that retailers and shops start to accept Bitcoin as a payment option.

The same people should also use their votes to vote for a government that will accept Bitcoin as a currency and not just as a Commodity. Once this are accomplished... mass adoption will take place and volatility will stabilize. 

What I see is that people welcome Bitcoin, not in a form of currency that can be used daily but they welcomed it most as an investment that they think it helps them to become rich. Because if only they know that they can't make a trade and make money for this, Bitcoin won't be known and famous to the people. The idea has come to the point that Bitcoin become a long-term investment, they sometimes used it as a currency (options) but naturally, in their mind is to make use of this for investment purposes.

[Betwrong]

Well, most of the early coiners and hardcore Bitcoiners wants Bitcoin to be adopted as a currency, but the high volatility has made it more attractive to speculators and they are giving fuel to the volatility in the price. People in the community should actively go out there and demand that retailers and shops start to accept Bitcoin as a payment option.

The same people should also use their votes to vote for a government that will accept Bitcoin as a currency and not just as a Commodity. Once this are accomplished... mass adoption will take place and volatility will stabilize. 

No, please don't do that. You will only turn them against Bitcoin with such actions. We should not demand anything from anyone, imo, except maybe from media. If we know someone with a large audience, if we are like friends, I mean, then we can demand from them to tell people the truth, to educate people regarding BTC and its potential. Retailers will make their own conclusions. We can't force them with our demanding to accept BTC.

[Bitcoin2009]

It's time for bitcoin to be more stable and less volatile as it is today, I hope that the price rises and falls no more than 5% per day, this can happen if the bitcoin marketcap can reach at least 1000x of the current marketcap.

[virasisog]

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.

Bitcoin's volatility is the reason why most investors gain profit from it. We will not able to take advantage of its volatility if it will be stabilized. Those who are complaining about its volatility are those who have weak hands. They aren't smart enough to the changes in the price of Bitcoin. I wonder why others are having a hard time dealing with it wherein fact, that's an opportunity for us to buy at a low price and sell at a high and profitable value.

[AndySt]

Everything is simple here and the point of view on the question depends on what purposes a person wants to use bitcoin for. If a person is doing this for quick enrichment and speculation, then it is naturally in his interests that the asset is sufficiently volatile and such a player is already prepared in advance for the consequences that follow from the strong volatility of the asset. It is quite another matter when a person invests in bitcoin in order to save his savings from inflation, then naturally a strong volatility is not necessary for such a person and, on the contrary, he would like more predictability of the exchange rate and for him it is a great test when an asset instead of a stable rise on the contrary loses in price. From its very appearance and at this point in time, bitcoin is a very volatile asset and the fact that bitcoin is not secured by anything clearly suggests this, so if the investor is not ready for this, it is better to find other more reliable areas for investment that are more adapted for this. However, I still think that in the long term bitcoin will still grow in value and long-term investments will still justify themselves, just do not panic and be patient in such turbulent times of asset value decline.