Bitcoin Forum
May 13, 2024, 11:00:46 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 5 »  All
  Print  
Author Topic: What will happen If Bitcoin got stabled ?  (Read 894 times)
budi691
Sr. Member
****
Offline Offline

Activity: 1218
Merit: 259


Seabet.io | Crypto-Casino


View Profile
September 27, 2022, 02:22:14 AM
 #21

I say no, if Bitcoin is stable, it means the same as coin stability in general, although coin stability is never stable, and if Bitcoin is the same as paper money, it means it will be centralized, and that is definitely different from decentralized Bitcoin. and let Bitcoin stay like Bitcoin as it is today, no need to expect Bitcoin to be stable

████████▄▄█▀▀▀▀▀▀▀█▄▄
████████▄▄▄    ▄▄█▀▀▀██▄
   ▄██▀▀▀▀▀▀████▄▄███████▄
  █▀██████▄█▀ ▄█▀▀▀██▀▀▀███
  ██████▄██▀▀▀██████▀█▄ ███
  █▄ ▀▀ █████████████████
▄  ██   █▀████████████▄█ █
▀█  ▀█▄ ▄████████████▀▀▄██
 ▀█   ▀████████████████▄█▀
  ▀█▄    ████▄▄██████▄▄██▀
    ▀▀█▄▄ █▄▄  ▀▀▀▀███▀
████████▀▀▀██████▀▀▀
.
Seabet.io
█▀▀▀










█▄▄▄
▀▀▀█










▄▄▄█
.
SPORTS
▀▀▀█










▄▄▄█
🎰.
CASINO
▀▀▀█










▄▄▄█
██████
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████   ████████████████   ██████
.
..PLAY NOW..
.
██████   ███████████████████   █████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██████
1715598046
Hero Member
*
Offline Offline

Posts: 1715598046

View Profile Personal Message (Offline)

Ignore
1715598046
Reply with quote  #2

1715598046
Report to moderator
1715598046
Hero Member
*
Offline Offline

Posts: 1715598046

View Profile Personal Message (Offline)

Ignore
1715598046
Reply with quote  #2

1715598046
Report to moderator
1715598046
Hero Member
*
Offline Offline

Posts: 1715598046

View Profile Personal Message (Offline)

Ignore
1715598046
Reply with quote  #2

1715598046
Report to moderator
No Gods or Kings. Only Bitcoin
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715598046
Hero Member
*
Offline Offline

Posts: 1715598046

View Profile Personal Message (Offline)

Ignore
1715598046
Reply with quote  #2

1715598046
Report to moderator
1715598046
Hero Member
*
Offline Offline

Posts: 1715598046

View Profile Personal Message (Offline)

Ignore
1715598046
Reply with quote  #2

1715598046
Report to moderator
1715598046
Hero Member
*
Offline Offline

Posts: 1715598046

View Profile Personal Message (Offline)

Ignore
1715598046
Reply with quote  #2

1715598046
Report to moderator
Bazzu
Member
**
Offline Offline

Activity: 476
Merit: 60


View Profile
September 27, 2022, 03:03:02 AM
 #22

Stable coins are something which you can't sell. But you can trade it for other assets. This is the reason it stays stable. But for BTC it's not like that. You can sell at your will, and that's not the only freedom BTC gives you for being decentralized. If BTC ever become such as the stablecoin, It will become centralized and people will use it like normal currency, which is not a bad thing, but many will lose their interest in BTC for that reason. Trading and other things totally depends on price movements. If BTC stays at the same price, then trading will have no value and mining could stop. Because you can buy it at a stable price, and you can store them for a long time because you know the value won't change.

yes, indeed I want to buy bitcoin because the price is unstable,, if the bitcoin price is stable I certainly will not buy it, but because the bitcoin price is unstable then I want to buy it, because at an unstable price it will provide a good profit opportunity. and indeed most people want to buy bitcoin because they see the price is not stable.

███ TWITTER █████████████████ Liang ████████████████████ WHITEPAPER ███
███ ANN ██████ https://liang.community/ █████ FACEBOOK PAGE ███
███ TELEGRAM █████████████████ AMM ███████████████████ MEDIUM ███
Don Pedro Dinero
Legendary
*
Offline Offline

Activity: 1302
Merit: 1525


The first decentralized crypto betting platform


View Profile WWW
September 27, 2022, 03:15:25 AM
 #23

How do you expect Bitcoin would be stable anyway? Isn't seem like a dream? It's limited supply but huge demand. If a token or coin can't mint then wouldn't be stable anyway. Even stable-coins aren't stable really. So we can't imagine that Bitcoin can be stable. I don't this we need any arguments for that.

Yes, we can imagine, and it is the most logical thing to happen in the future, that as the price and market cap rise, it will become less and less volatile. It would be the most logical thing to do, in fact.

To answer the OP's question, what would happen is simply that people would spend more of it for day-to-day transactions because many people prefer to save it now because they expect it to be worth much more in the future.


kro55
Sr. Member
****
Offline Offline

Activity: 1624
Merit: 301


*STOP NOWHERE*


View Profile
September 27, 2022, 03:23:38 AM
 #24


Bitcoin is not designed to be stable like the other centralized stable altcoins, Bitcoin is a volatile asset and that is how Bitcoin is designed to operate, so comparing Bitcoin to other stablecoins is a total was of time as both are designed with different network algorithms.

I don't think so, Bitcoin is designed by Satoshi as a currency, operating without a bank or any third party control. Bitcoin's original purpose was to be a currency, not an investment. But over time, people started using bitcoin and started manipulating it for profit, and as the volatility of bitcoin attracted a lot of investors with the aim of making profit. Gradually people entered the market, with the thought of investing in bitcoin for the purpose of making money but forgetting that it is a currency with the technology of the future.
Nowadays, it can be said that bitcoin is very flexible, it can be an asset, currency, commodity, bank, depending on the purpose of each person's use.

freebitcoin       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▄█████
██
██
██
██
██
██
██
██
██
██
██
▀█████
.
PLAY NOW
█████▄
██
██
██
██
██
██
██
██
██
██
██
█████▀
|MINER|
Sr. Member
****
Offline Offline

Activity: 1120
Merit: 422


Enterapp Pre-Sale Live - bit.ly/3UrMCWI


View Profile WWW
September 27, 2022, 03:35:55 AM
 #25

~snip~
There are two types of coins available in cryptocurrency, one is volatile and the other is non-volatile.  And non volatile coins we know as stable coins like: USDT, BUSD,USDC etc.  And volatile coins are in general cryptocurrency coins like Bitcoin, Etherium, BNB etc.  Bitcoin's blockchain is designed in such a way that its price always fluctuates depending on market volume and conditions.  So I think Bitcoin is a highly volatile coin and it is absurd to think or question whether it will ever be stable.

█████████████████████
█████████████████████████
█████████▀▀▀▀▀▀▀█████████
██████▀███████████▀██████
█████▀███▄▄▄▄▄▄▄███▀█████
████████▀▀▀▀▀▀▀▀▀████████
█████████████████████████
█████▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████
█████████████████████████
██████▄███████████▄██████
█████████▄▄▄▄▄▄▄█████████
█████████████████████████
█████████████████████
██████████
██
██
██
██
██
██
██

██

██

██

██

██████████
 
CRYPTO WEBNEOBANK
██████████
██
██
██
██
██
██
██

██

██

██

██

██████████
▄▄███████▄▄
▄███████████████▄
▄██████░░░░░░░░░░███▄
▄████▄▄███████▄▄░░░██▄
▄█████████████████░░░██▄
████░░▄▄▄▄▄▄▄▄▄░░░░░░░░██
████░░██████████░░░░░░░██
████░░▀▀▀▀▀▀▀▀▀░░░░░░░░██
▀█████████████████░░░██▀
▀████▀▀███████▀▀░░░██▀
▀██████░░░░░░░░░░███▀
▀███████████████▀
▀▀███████▀▀
Oasisman
Hero Member
*****
Offline Offline

Activity: 2604
Merit: 549


Rollbit


View Profile WWW
September 27, 2022, 05:00:50 AM
 #26

If Bitcoin got stable there will be no huge inflection. This will stable almost all coins. And there will be no huge up and down. All the top coins will not depend on Bitcoin.
Whenever Bitcoin got stabled, All the market will be stable in a result of that.
Question is that how Bitcoin can be stable?  If it got stabled that will happen?



Well, just look at how the stable coin works. Simple as that lol
 However, Bitcoin or any other alts in the market, except the stable coin, are impossible to stabilise because of it's demand and some of them have limited supplies.
But, let's put it that way. So, if Bitcoin is stables, that means Bitcoin would function just like a fiat currency do. Fortunately, Bitcoin has more advantage over the fiat currency including USD, as Bitcoin is borderless as long as your country accepts Bitcoin, then it would be a hassle free transaction when you're transfering Bitcoin to another wallet anywhere in the world without using any 3rd party like bank and any other payment processors.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
pooya87
Legendary
*
Offline Offline

Activity: 3444
Merit: 10558



View Profile
September 27, 2022, 05:16:30 AM
 #27

The value of bitcoin will definitely become stable some day after we reach mass adoption.
The price of bitcoin on the other hand will never become stable simply because the price is measured in terms of a fiat currency like US dollar for example, and as long as they keep printing fiat their value keeps going down which means bitcoin price should go up against them.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
noorman0
Hero Member
*****
Offline Offline

Activity: 1764
Merit: 694


[Nope]No hype delivers more than hope


View Profile WWW
September 27, 2022, 05:55:49 AM
 #28

Need to know the cause, and I'm not sure that will happen as long as bitcoin is trading.
A more likely factor is that global rules prohibit existing exchanges instantly, so aggregators can no longer summarize average prices that reflect volatility. But we never know how the reality will be after that, whether people trade privately according to the last price, cheaper or more expensive. Nobody knows.

This space for rent.
Available in mid January 2024 - PM me
Kakmakr
Legendary
*
Offline Offline

Activity: 3444
Merit: 1957

Leading Crypto Sports Betting & Casino Platform


View Profile
September 27, 2022, 05:57:49 AM
 #29

If Bitcoin wants to be a reserve currency, the price will have to be less volatile. Just look at the volatility of global reserve currencies and you will see how stable they are.

The thing that are making Bitcoin so volatile are all the Bitcoin whales that are buying and dumping a lot of coins to make quick profits. The only way for the Bitcoin price to become less volatile are for more people to own bitcoins to create a more even distribution of all the bitcoins.  Wink

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
davis196
Hero Member
*****
Online Online

Activity: 2968
Merit: 914



View Profile
September 27, 2022, 06:05:52 AM
 #30

If Bitcoin got stable there will be no huge inflection. This will stable almost all coins. And there will be no huge up and down. All the top coins will not depend on Bitcoin.
Whenever Bitcoin got stabled, All the market will be stable in a result of that.
Question is that how Bitcoin can be stable?  If it got stabled that will happen?



I guess that by "inflection" you mean price volatility. The word "inflection" has a different meaning, according to the dictionary.
"Stable markets" aren't interesting for the speculative investors and without speculative investors there will be no market liquidity.
The prices will simply crash and the market will be abandoned. What makes a stable Bitcoin better than fiat money? Nothing.
Nothing is stable in the financial world. Fiat money aren't stable, even though they give the illusion of stability.
This question has been asked a million times on the forum and I don't think that there's any point discussing it, because Bitcoin Core will never turn into a stablecoin.

witcher_sense
Legendary
*
Offline Offline

Activity: 2338
Merit: 4336

🔐BitcoinMessage.Tools🔑


View Profile WWW
September 27, 2022, 07:37:09 AM
 #31

If Bitcoin got stable there will be no huge inflection. This will stable almost all coins. And there will be no huge up and down. All the top coins will not depend on Bitcoin.
Whenever Bitcoin got stabled, All the market will be stable in a result of that.
Question is that how Bitcoin can be stable?  If it got stabled that will happen?
The price of bitcoin will stabilize only if it transforms into a centralized currency with an omnipotent issuer able to dictate bitcoin's maximum supply in response to continually changing demand. This response needs to be quick enough to draw the price of bitcoin efficiently, otherwise, short- and medium-term volatility will be inevitable, which will confuse potential investors seeking a safe haven. Obviously, such meddling with a currency goes against the principles of the free market, in which the natural laws of the market determine the price of an asset and serve as an effective indicator of the sentiment of market participants. Moreover, if a decentralized cryptocurrency such as bitcoin gets overtaken by centralized players, it automatically loses all its credible monetary properties and becomes worthless. It is true that worthless assets may have a "stable" market price, but I think it is not what we are advocating for on this forum. So, in other words, bitcoin is either decentralized and volatile or centralized and "stable." But keep in mind that with this stability, all censorship resistance, inflation resistance, and control resistance go away.

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
Hyphen(-)
Hero Member
*****
Offline Offline

Activity: 812
Merit: 725



View Profile WWW
September 27, 2022, 09:04:51 AM
 #32

Question is that how Bitcoin can be stable?  If it got stabled that will happen?
Bitcoin is a digital asset with high volatility, a limited supply, and a high demand due to how people use it as a means of exchange and for other purposes. Bitcoin can never be stable at a fixed price, and many people who believe in it still believe that this is just the beginning, and many people hope that it will have a very large amount because it is valued, and there is a trend of Bitcoin being adopted globally.

.
.DuelbitsSPORTS.
▄▄▄███████▄▄▄
▄▄█████████████████▄▄
▄██████████████████████▄
██████████████████████████
███████████████████████████
██████████████████████████████
██████████████████████████████
█████████████████████████████
███████████████████████████
█████████████████████████
▀████████████████████████
▀▀███████████████████
██████████████████████████████
██
██
██
██

██
██
██
██

██
██
██
████████▄▄▄▄██▄▄▄██
███▄█▀▄▄▀███▄█████
█████████████▀▀▀██
██▀ ▀██████████████████
███▄███████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
▀█████████████████████▀
▀▀███████████████▀▀
▀▀▀▀█▀▀▀▀
OFFICIAL EUROPEAN
BETTING PARTNER OF
ASTON VILLA FC
██
██
██
██

██
██
██
██

██
██
██
10%   CASHBACK  
          100%   MULTICHARGER  
Jawhead999
Legendary
*
Offline Offline

Activity: 1652
Merit: 1158



View Profile
September 27, 2022, 09:06:20 AM
 #33

The reason most people buy Bitcoin is due to the high volatility, if the price become stable, this mean there's someone can control Bitcoin. This will kill the Satoshi vision to create decentralized currency and I believe no one will buy Bitcoin anymore.

I just answer your question even though Bitcoin price will never stable and there's no way it's will become stable coin.

This particular question similar like if Bitcoin move to POS, this will kill the POW protocol and could make Bitcoin has unlimited supply.

.freebitcoin.       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.PLAY NOW.
Piesel
Sr. Member
****
Offline Offline

Activity: 672
Merit: 273


View Profile
September 27, 2022, 09:13:04 AM
 #34

The value of bitcoin will definitely become stable someday after we reach mass adoption.
The price of bitcoin on the other hand will never become stable simply because the price is measured in terms of a fiat currency like the US dollar for example, and as long as they keep printing fiat their value keeps going down which means bitcoin price should go up against them.
Yes, Bitcoin can not be viewed as a stable currency since Bitcoin price is hedged against the US dollar, and as long as the value of the dollar keeps decreasing because of inflation and the central bank prints new notes Bitcoin's value will keep changing to meet with the current market conditions in whichever directions.

So Bitcoin as long as it is pegged against the US dollar can never be stable but the volatility rate may reduce due to more adoption and an increase in price per satoshi when users stop focusing on the who 1 unit of Bitcoin and start going for per Satoshi because then 1 whole Bitcoin will become too expensive due to dollar fall against Bitcoin as a result of inflation.
Cryptmuster
Legendary
*
Offline Offline

Activity: 1932
Merit: 1214


Glory To Ukraine! Glory to the heroes!


View Profile
September 27, 2022, 09:39:04 AM
 #35

The reason most people buy Bitcoin is due to the high volatility, if the price become stable, this mean there's someone can control Bitcoin. This will kill the Satoshi vision to create decentralized currency and I believe no one will buy Bitcoin anymore.

I just answer your question even though Bitcoin price will never stable and there's no way it's will become stable coin.

This particular question similar like if Bitcoin move to POS, this will kill the POW protocol and could make Bitcoin has unlimited supply.

In the end, everything goes to the fact that the volatility will decrease, but this does not mean that because of this it will be bought more or less. In the event of a decrease in volatility, bitcoin will be less interesting to speculators, that's for sure, but investors who bought bitcoin will hold it as before, because bitcoin will always be a great asset that can keep the purchasing power of funds. A more stable bitcoin will let speculators go but attract traditional investors, so everything will be fine.

.freebitcoin.       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.PLAY NOW.
Minor Miner
Legendary
*
Offline Offline

Activity: 2282
Merit: 1012


Be A Digital Miner


View Profile
September 27, 2022, 09:39:16 AM
 #36

The reason most people buy Bitcoin is due to the high volatility, if the price become stable, this mean there's someone can control Bitcoin. This will kill the Satoshi vision to create decentralized currency and I believe no one will buy Bitcoin anymore.

I just answer your question even though Bitcoin price will never stable and there's no way it's will become stable coin.

This particular question similar like if Bitcoin move to POS, this will kill the POW protocol and could make Bitcoin has unlimited supply.

We all invest in bitcoin because of its volatility, thanks to volatility can make a profit. People hold bitcoin because they believe it can go high and give them big profit, I think people will leave bitcoin and the market if bitcoin becomes stable, definitely no one wants this to happen.

If bitcoin moves to POS and has unlimited supply then it is no different from government CBDC. I don't think that will happen, never. If that happens, it will be the end of the decentralized currency revolution known as bitcoin. It's a step backwards for the world.

kryptqnick
Legendary
*
Offline Offline

Activity: 3094
Merit: 1389


Join the world-leading crypto sportsbook NOW!


View Profile
September 27, 2022, 10:39:12 AM
 #37

If Bitcoin got stable there will be no huge inflection. This will stable almost all coins. And there will be no huge up and down. All the top coins will not depend on Bitcoin.
Whenever Bitcoin got stabled, All the market will be stable in a result of that.
Question is that how Bitcoin can be stable?  If it got stabled that will happen?


If Bitcoin somehow became a stable coin with a fixed price that stays more or less the same, I think it would lose a lot of its value and appeal. People enjoy investing in Bitcoin, and you can't really invest in a stable coin (you can, but you won't get any profit, so it's meaningless). If, however, the op is referring to something more generic, such as less volatility of Bitcoin and steady growth on a small-scale level, then it would attract people, I think, because it would become even more low-risk than it currently is to invest in Bitcoin, and it would be useful for adoption of Bitcoin as money as well.

  ▄▄███████▄███████▄▄▄
 █████████████
▀▀▀▀▀▀████▄▄
███████████████
       ▀▀███▄
███████████████
          ▀███
 █████████████
             ███
███████████▀▀               ███
███                         ███
███                         ███
 ███                       ███
  ███▄                   ▄███
   ▀███▄▄             ▄▄███▀
     ▀▀████▄▄▄▄▄▄▄▄▄████▀▀
         ▀▀▀███████▀▀▀
░░░████▄▄▄▄
░▄▄░
▄▄███████▄▀█████▄▄
██▄████▌▐█▌█████▄██
████▀▄▄▄▌███░▄▄▄▀████
██████▄▄▄█▄▄▄██████
█░███████░▐█▌░███████░█
▀▀██▀░██░▐█▌░██░▀██▀▀
▄▄▄░█▀░█░██░▐█▌░██░█░▀█░▄▄▄
██▀░░░░▀██░▐█▌░██▀░░░░▀██
▀██
█████▄███▀▀██▀▀███▄███████▀
▀███████████████████████▀
▀▀▀▀███████████▀▀▀▀
▄▄██████▄▄
▀█▀
█  █▀█▀
  ▄█  ██  █▄  ▄
█ ▄█ █▀█▄▄█▀█ █▄ █
▀▄█ █ ███▄▄▄▄███ █ █▄▀
▀▀ █    ▄▄▄▄    █ ▀▀
   ██████   █
█     ▀▀     █
▀▄▀▄▀▄▀▄▀▄▀▄
▄ ██████▀▀██████ ▄
▄████████ ██ ████████▄
▀▀███████▄▄███████▀▀
▀▀▀████████▀▀▀
█████████████LEADING CRYPTO SPORTSBOOK & CASINO█████████████
MULTI
CURRENCY
1500+
CASINO GAMES
CRYPTO EXCLUSIVE
CLUBHOUSE
FAST & SECURE
PAYMENTS
.
..PLAY NOW!..
Buga00
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
September 27, 2022, 12:24:38 PM
 #38

I think 90% of BTC adoption could make it to be stable
cloudfir3e
Member
**
Offline Offline

Activity: 430
Merit: 10

Tontogether | Save Smart & Win Big


View Profile
September 27, 2022, 12:38:00 PM
 #39

I think 90% of BTC adoption could make it to be stable
it may happen if the adoption of 90% Bitcoin will make the price stable, but there are many other factors that can also stabilize the price of Bitcoin.
if bitcoin is truly stable in price then the prolonged downturn in the crypto market also known as the crypto winter could end very soon.

|     T o n T o g e t h e r     |     Saving Empowers Winning     |
Join Launchpool  >  Jan 10th - Feb 10th
●    T W I T T E R    ●    T E L E G R A M    ●    M E D I U M    ●
arwin100
Hero Member
*****
Offline Offline

Activity: 2730
Merit: 809


Jack of all trades 💯


View Profile WWW
September 27, 2022, 01:16:58 PM
 #40

If Bitcoin got stable there will be no huge inflection. This will stable almost all coins. And there will be no huge up and down. All the top coins will not depend on Bitcoin.
Whenever Bitcoin got stabled, All the market will be stable in a result of that.
Question is that how Bitcoin can be stable?  If it got stabled that will happen?



Then it will be turn the almost same as USDT/USD where people look at it as maybe there safe heaven in battle with market volatility. But as other said this is not design to bitcoin also this will never happen to bitcoin since I'm sure many people don't want that to happen as they could lose a lot of profit coming from it from trading this coin. But lets still see on what will happen if full adoption will happen on it since this will be another story to the Bitcoin.

Pages: « 1 [2] 3 4 5 »  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!