What will happen If Bitcoin got stabled ?

[laurenB7742]

If Bitcoin price becomes stable it doesn't mean that all the remaining altcoins will become stable with their prices too. 99% of the altcoins will continue with their volatile market. Only the few top coins will follow the stable price of Bitcoin. It could be Ethereum, Binance Coin and the other remaining top five or top 10.

Think about our fiat money we are using in many years already. But we can also see some of them are very volatile against the US dollar. Bitcoin is only a little over a decade year old currency. If most people around the world, companies and governments will accept bitcoin as a currency, its price will stabilize.

If bitcoin becomes stable, I think altcoins will also become stable. Bitcoin is a decentralized currency and the movement of the entire market depends on bitcoin. If it is stable that means it is regulated by the government and then the whole market will be under the control of the government and it will become a stable market.

I don't expect it to become stable, we invest in bitcoin for its profit and for its volatility. So it's not in our favor for bitcoin to become stable so don't expect it to become stable.

[rendravolt]

If you want to trade with a stable market condition like this, it's better not to do it. Take care of your money otherwise your money will be lost in eating by the volatility of the bitcoin price. It's better for your money to be made into fiat usdt then stake in the exchange and the results are pretty good than having to lose everything.

[Gallar]

stable bitcoins?

I think your response about stable bitcoin is not quite right,

because you said if bitcoin is stable then other crypto will also be stable,

it's not quite right in my opinion because if bitcoin is stable, there are still many other cryptos whose prices even go down,

why?
because bitcoin with other crypto, it's very different,

where does it differ from?
- different supply and demand
- different quantity
- news can affect different cryptos
- quality

I think because of that factor all crypto is different.

[uneng]

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 what will happen?

Until now, bitcoin has not been stable and I can't imagine what it would be like if the price of bitcoin were stable. But there is a possibility that the altcoins will move their respective ways and it might look like the stock market or something and bitcoin will still be the leader in crypto.

Maybe bitcoin will become like gold, where with a stable price, people will try to get more bitcoins from trading altcoins with fiat or with others. What is clear is that bitcoin is not yet at that stage and will continue to move as it is today for several years. But I don't know. Maybe I'm giving the wrong example because we've never experienced it and can only guess.

Maybe if that happened we would see bitcoin being more used as currency instead of solely investment and speculative asset for trading. A stable bitcoin could help adoption increasing, because people wouldn't fear it anymore like they fear today due to the volatility. On the other hand, besides the pros, there could be also cons, as bitcoin would lose its profitability potential for new investors, so people looking for profit would have to adopt altcoins instead.

[Pumared]

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 what will happen?

(...)

Maybe bitcoin will become like gold, where with a stable price, people will try to get more bitcoins from trading altcoins with fiat or with others. What is clear is that bitcoin is not yet at that stage and will continue to move as it is today for several years. But I don't know. Maybe I'm giving the wrong example because we've never experienced it and can only guess.

It may be, but Bitcoin is relatively new to Gold. So he needs to prove himself a good asset over time. It can happen that gold and btc are references in relation to escaping crises. But, we need a lot of time for that.

[ethereumhunter]

Maybe if that happened we would see bitcoin being more used as currency instead of solely investment and speculative asset for trading. A stable bitcoin could help adoption increasing, because people wouldn't fear it anymore like they fear today due to the volatility. On the other hand, besides the pros, there could be also cons, as bitcoin would lose its profitability potential for new investors, so people looking for profit would have to adopt altcoins instead.

Yes, it can also happen. Maybe bitcoin can be an alternative payment solution so that people don't have to exchange their money for local currency when they visit other countries because that country also accepts payments via bitcoin. There are many possibilities when bitcoin stabilizes and the crypto market itself will become more crowded because people will try to profit from other coins.

It may be, but Bitcoin is relatively new to Gold. So he needs to prove himself a good asset over time. It can happen that gold and btc are references in relation to escaping crises. But, we need a lot of time for that.

So bitcoin can be digital gold for those of us who often use online transactions or save money so that the value does not change. Yes, it takes a lot of time to see whether bitcoin will become stable or remain volatile.

[Ahli38]

Honestly, I don't understand what the OP meant. I think he also knows the difference between stablecoins and bitcoins. what he means is what if the price of bitcoin becomes sideways. namely the condition when the price movement of bitcoin in the market moves relatively horizontally or flatly. caused by buying and selling requests that are both strong or balanced. and if this lasts long then it certainly affects other coins. but not completely influential. because some coins will move according to the hype that exists on the coin itself, such as because there are certain events that will make a coin continue to shoot up even though bitcoin is down. for example like yesterday when ETH was in Hype because of The Merge Event.

OP, did you mean stable, it was a market condition that became Sideways or flat? if that's what you mean then the answer is as I said above.

[pooya87]

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.

Bitcoin is not hedged or pegged against anything, least of which US dollar. It's only the price that is measured in fiat currencies, one of which is USD and since fiat is always dumping due to inflation, the bitcoin price should go up.
It is true about anything else you can think of like price of gas, groceries, rent, etc. They are all measured in terms of a currency that loses its value over time called fiat.

[iamsange]

Bitcoin will never be stable. Has gold ever been stable? In fact, bitcoin is more open to manipulation, so I think it will never be stable. Do people want it to be stable anyway? We need to think about this. I don't want it to be stable.

For day traders in large numbers it is clear they don't want Bitcoin to be stable because they basically want huge profits. Likewise for those who like to store Bitcoin in large quantities, they also want a lot of profit and that obviously won't exist if the price of Bitcoin itself becomes stable.

Because in the crypto space there are stable cryptocurrencies that can be chosen and used according to individual needs so that it is also more suitable for storing asset value for everyone. I see Gold as a physical asset which is also volatile, but Gold very rarely rises that high in the near term so it is also more suitable to be used as a store of value if one is afraid of losing a lot of money through other investments.

[Jeger.Kiting]

why do you expect bitcoin to have a stable value, from the start bitcoin will not have a stable value where every minute the value can change, if bitcoin is stable it's not crypto anymore

I agree with you, Bitcoin will not be stable, because Bitcoin was the first cryptocurrency created and the value of Bitcoin can go up and down, only Altcoins can be considered stable not for Bitcoin. If Bitcoin is stable then it is impossible for Bitcoin to develop from the past until now and everyone will definitely not be able to survive to hold Bitcoin.

[Uruhara]

Bitcoin is likely to be stable if a buy demand and a sell offer are balanced. Maybe it happened when bitcoin adoption was done globally. where everyone has used bitcoin in transactions. then at that time the price of bitcoin can become more stable like an ordinary currency. with a record that the economy was also stable. and there was no economic crisis like now. but I don't think it will happen any time soon.

[livingfree]

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 what will happen?

Stable? Like in a sense of having a stable price?

Well, bitcoin will always be that volatile and I think with other meaning of stable that you're trying to convey is as if it's stable like in $20k price. That's possible if it's all about the stability of staying there.

But, there's also the fact that bitcoin will always be volatile and price of it will never be stable. So at least if the stability of price like staying above $20k, it's possible.

Although it won't stay there forever as that's likely the other description of being stable that you're asking.

[gunhell16]

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 what will happen?

In the few years that I have been here in cryptocurrency until now, its value is increasing in the market, most altcoins will also increase their prices in the market although others that are not included in the top coins will fall in value.

Well, based on my observation the rise and fall of the price of altcoins always depend on the value of bitcoin. What kind of stable bitcoin are you talking about? is it the price or what? Because for me the state of bitcoin is stable now, to be honest.

[TribalBob]

bitcoin becomes stable I don't think it will happen because bitcoin was not created to be stable, the unstable value of bitcoin is the hallmark of bitcoin and the limited supply of bitcoin that makes the value of bitcoin unstable because people are competing to own it even though it's only a third of 1 btc

[Ayers]

Honestly, I don't understand what the OP meant. I think he also knows the difference between stablecoins and bitcoins. what he means is what if the price of bitcoin becomes sideways. namely the condition when the price movement of bitcoin in the market moves relatively horizontally or flatly. caused by buying and selling requests that are both strong or balanced. and if this lasts long then it certainly affects other coins. but not completely influential. because some coins will move according to the hype that exists on the coin itself, such as because there are certain events that will make a coin continue to shoot up even though bitcoin is down. for example like yesterday when ETH was in Hype because of The Merge Event.

OP, did you mean stable, it was a market condition that became Sideways or flat? if that's what you mean then the answer is as I said above.

as far as i understand he is referring to the stability of bitcoin as gold today means bitcoin will become a less volatile asset like gold or other traditional assets.  this will never happen because bitcoin is a decentralized asset that is not controlled or managed by anyone so it cannot become as stable as fiat or gold. i believe all of us investors also never want a stable bitcoin because we are here looking for profit, how can a stable thing make a profit

[BobK71]

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 what will happen?

The main reason people are interested in cryptocurrency today is its high volatility. There is a huge difference between a stablecoin and Bitcoin. But as people gain more knowledge about the use of Bitcoin and its needs, Bitcoin comparatively be stable. The behavior we see in current cryptocurrencies is when the market is bullish it goes to the highest level and when bearish the price of everything falls drastically. This problem will be solved when Bitcoin stabilizes. But it is very difficult to stabilize bitcoin. In some cases it is not possible.

[Leviathan.007]

Even after all these years after bitcoin started getting traded in markets still, people are trying to understand why the price is not stable and when it's going to be stable, not in the bitcoin market but in any market, we don't have this and the price is constantly moving based on the supply and demand, however, the average true range can be different in different market and as you know in bitcoin market the art is much higher than other similar markets and assets but that's just how the things work in bitcoin market which is surprising.

[jrrsparkles]

Even USDT or any other stable coin isn't really stable and literally you can't define the value of stable in terms of what because fiat value keeps changing, the value of gold and other assets change as well so this concludes bitcoin will never reach a state called stable but it may reach the threshold of increasing further when the demand increase to maximum for that everyone has to use bitcoins so that there will be no further demand created and alters the existing value but this is not really practical.

[danadc]

I do not think that the price of Bitcoin will stabilize, because a main characteristic of bitcoin is that its volatility is very high, it could not be said that it is something logical, if things get ugly bitcoin goes down, as we have seen in many opportunities, but we have not seen that bitcoin is only very stabilized, and one of the reasons why it is not like that is because it does not respond to any type of control nor is there a centralized power, which maintains the price, it is not not an asset like gold, they have similar characteristics but they differ a lot in functionality and to that is added that governments and banks make war on it.

[Mate2237]

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 what will happen?

I dont think bitcoin will be stable, and also bitcoin if bitcoin got stable which is not possible the market will be still moving. The stability of btc has nothing to do the inflection. Bitcoin was not created to be stable, please go and read more on the history of bitcoin then you will understand the reasons of why bitcoin was created. Now let compare your country's currency to dollar. I know that your country's economy is a stable currency but does it stagnant for one place for full one year. probably NO because any currency that uses dollar to exchange is not stable in one place, it moves up and down. But dollar is always ahead of it. Just like my country's currency, it always depreciation day after day. Therefore, bitcoin will never be stagnant and stable and it is All Time High in nature.