Does everyone want bitcoin to be stable in price?

[Ultegra134]

On the one hand, I might still be interested in Bitcoin in order to store value without it being centralised, keeping it out of the banking services. Although that can be done in other ways, such as via stablecoins.

On the other hand, it would completely lose its purpose and meaning. What's the point of storing and hoarding something that will gain no value in the upcoming years? I think that the majority of us are here because we're anticipating that Bitcoin's value will increase in the future.

[1715302557]

1715302557

[LittleBitFunny]

Bitcoins for it’s investors is more like an asset then currency, so definitely we don’t want it to be stabled.
Moreover if it will be stabled, then we can’t trade it anymore as a trading pair due to complexity.
This is my opinion, I think it should not be stabled.

Yes, it's true that if the bitcoin price is stable, many people will leave bitcoin, because if the bitcoin price is stable, of course, people who invest in bitcoin will not get the maximum profit. but in my opinion, however, bitcoin will not be stable in price. because the volume of buying and selling is also unstable.

I would also consider leaving bitcoin if it ever becomes stable. To be honest, I think we are all in this for the money and not purely for the technology itself. I believe if it has leading technology but the price doesn't rise, doesn't volatility, it won't attract investors, if it does, it's just technology companies. Bitcoin is a decentralized asset so it is almost impossible to become stable because no one can control to make them stable, its volatility will depend on supply and demand in the market.

[Sebas.tian]

Yes, investors and traders want the bullish market to come so that they will start preparing ahead of Christmas and new year. Many investors that invested a huge amount of money on Bitcoin early this year hoping that the price of Bitcoin will be stable in this month of October to allow them to release their coins to the market for profits making but the bearish season is still affecting the market price. I wish to sell my bitcoins but the price is too low for me to meet up with my target with this current price than to continue holding until the price become stable in the crypto market.

[Viscore]

Stable price does not helpful for both investors and traders.

Investors need to see price growths to get profit so stable price can not help for investors.
Traders need high volatility in order to have waves and good entries as well as good exits to get profit. Traders would prefer to see highly volatile price, not stable price.

Because Bitcoin has four-year halving, it won't be stable for too long time. There are always highly volatile, medium volatile and very minor volatile periods in price but in general, we will see volatility.

Thankfully, bitcoin is highly volatile so it’s far seeing it having a stable price. And I think if bitcoin end up having a stable and fixed value, then it’s no longer different from fiat, except from being decentralized. Good thing bitcoin remains to be volatile, because that’s one of the reasons why people become super thrilled and excited every time the market returns to bullish market.

[Wimex]

I think that if Bitcoin stabilizes its value, it would lose a lot of its essence… Certainly, as others have said, it would be an excellent safeguard of capital, for the moment that things get cloudy in the markets… but nevertheless, we would be falling into a simple stablecoin. In addition to possibly even reaching the point of being regulated and also controlled, I think that Bitcoin is fine as it is, with its resounding ups and downs.

[Fara Chan]

On the one hand, I might still be interested in Bitcoin in order to store value without it being centralised, keeping it out of the banking services. Although that can be done in other ways, such as via stablecoins.

On the other hand, it would completely lose its purpose and meaning. What's the point of storing and hoarding something that will gain no value in the upcoming years? I think that the majority of us are here because we're anticipating that Bitcoin's value will increase in the future.

Fortunately, bitcoin cannot be set to a more stable price, so bitcoin is very unpredictable and highly volatile. this is the upside to it compared to fiat currencies which have complete control by the authorities, and it is on this basis that bitcoin is better able to maintain its price, despite some corrections along the way.
The initial process of bitcoin became a source of reference for us, it will continue to increase in the future, with the market reaction arising differently, be it correction or pumping.

[serjent05]

I was reading some of the replies in of @mr_jk's thread when he asked what will happen if bitcoin's price became stable?

The replies were unexpected hehehe. Much of them argued why or how can bitcoin be stable? This makes me ask the question do much of the holders of bitcoin want the price to be stable or do they really want it be volatile? I ask this because stability makes bitcoin become a good store of value and medium of exchange. Volatility makes it good for trading and speculation.

I'd rather have Bitcoin be volatile.  Stable Bitcoin will make the market boring and the opportunity to gain profit is somehow nullified, though I know it is good to have the price stable for Bitcoin because it will increase the rate of adoption since merchants will not that worried anymore.  So for personal interest, I prefer a volatile Bitcoin.

[Smartvirus]

At the moment, No!
I think some of us deserves some reward for being early adopters. There is a risk factor in being early on an innovation as well as an opportunity as bitcoin continues to prove with its appreciation in value. Also, its pump and dump to give other opportunities to step in and get some reward on risk taken.

Maybe in later times when it's all distributed and the world is effectively using it for day-day transactions, then we can wish for a stable bitcoin. For now, bitcoin has just hot to keep being volatile and it's the way we like it.

[VEGA_SPORT]

Nothing will be stable forever. But I have faith in the future development of Bitcoin. So buying at a good price and holding for a long time is still my choice.

[eddie.gouws]

I was reading some of the replies in of @mr_jk's thread when he asked what will happen if bitcoin's price became stable?

The replies were unexpected hehehe. Much of them argued why or how can bitcoin be stable? This makes me ask the question do much of the holders of bitcoin want the price to be stable or do they really want it be volatile? I ask this because stability makes bitcoin become a good store of value and medium of exchange. Volatility makes it good for trading and speculation.

No, in fact, many people want bitcoin to be less stable so that it can become more mainstream.

People who are invested in bitcoin want it to be stable in price because it means their investment is more secure. But there are also many people who want bitcoin to be less stable so that it can become more mainstream and accepted by the general public. This would allow for wider use of the currency and could potentially lead to even higher values for bitcoin in the future.

[paulbowyer]

I was reading some of the replies in of @mr_jk's thread when he asked what will happen if bitcoin's price became stable?

The replies were unexpected hehehe. Much of them argued why or how can bitcoin be stable? This makes me ask the question do much of the holders of bitcoin want the price to be stable or do they really want it be volatile? I ask this because stability makes bitcoin become a good store of value and medium of exchange. Volatility makes it good for trading and speculation.

It seems to me that bitcoin has a reputation for easy money and anyone who starts investing in it is waiting for profit and only profit.  in this case, it will be of little interest to anyone in theory stable.  high volatility and made it the first cryptocurrency in the world and, in principle, made the cryptocurrency so interesting

[Bazzu]

Living things are unstable by nature.

Just like the climate, for example... the planet is constantly evolving (natural equilibrium).

Only dead things are stable.

Your answer is also correct, if you think about it, only inanimate things are stable, because living things are definitely unstable. as well as bitcoin, of course the price will not be stable because there is life in it.

[Inwestour]

Bitcoin is a currency that has become speculative because of its buy/sell pressure since a long time. But at the end of the day it is still meant to be used a method to transact. Obviously the reason why stablecoins came in the picture is that some people are obsessed with bitcoin not being stable and them wanting something in that line.

Be assured, bitcoin trading has the maximum volume, it has least chance of become stagnant in market.

1 bitcoin always = 1 bitcoin, but the desire of speculators to capitalize on this, adds to this volatility. Bitcoin has become too attractive for big players with very big opportunities and so we see it. Now the volatility is minimal, apparently it is beneficial for those who accumulate positions, but believe me, as soon as they reach their goals, then everything will return to the previous price movements.

[dezoel]

I was reading some of the replies in of @mr_jk's thread when he asked what will happen if bitcoin's price became stable?

The replies were unexpected hehehe. Much of them argued why or how can bitcoin be stable? This makes me ask the question do much of the holders of bitcoin want the price to be stable or do they really want it be volatile? I ask this because stability makes bitcoin become a good store of value and medium of exchange. Volatility makes it good for trading and speculation.

It seems to me that bitcoin has a reputation for easy money and anyone who starts investing in it is waiting for profit and only profit.  in this case, it will be of little interest to anyone in theory stable.  high volatility and made it the first cryptocurrency in the world and, in principle, made the cryptocurrency so interesting

Of course, that is not true. Those who invest are also waiting for the price to go down a lot because this can make their bitcoin investing more effective. If you are one of it then you don't want bitcoin to be come stable because there is no way for you anymore to buy low and sell high. Only those who want that to happen are those who use their bitcoin as a medium of exchange or a store of value.

If only there's a voting that will happen about this matter then I think bitcoin will remain to be volatile because the number of users who use their bitcoin as an asset are I think much more compared those who use their bitcoin as a currency.

[cryptosize]

Bitcoin can never be stable, because fiat currencies are constantly depreciating.

[Sanitough]

In my opinion, it is better to keep it that way because this is the reason why traders and investors makes the courage to invest here and do trading. May the consequence is too risky for them and also for those who accept Bitcoin as payment but actually, we see Bitcoin is growing. With the volatility of the market makes it more profitable for the holders.

Likely, this is a shared opinion but I believe there is nothing we need to change the nature of the market. What just we need is the adoption of how the way it works.

I don’t see it losing too its volatility either and stick to its stable price. If this will happen, for sure a lot would lost their enthusiasm in bitcoin knowing volatility is the main thing that drive us crazy particularly when bitcoin price reaches its new ATH. Yes, having volatility is a big risk, but no one gets to the most exciting point and gets the biggest returns when we always avoid taking some risks.

[Cookdata]

It seems to me that bitcoin has a reputation for easy money and anyone who starts investing in it is waiting for profit and only profit.  in this case, it will be of little interest to anyone in theory stable.  high volatility and made it the first cryptocurrency in the world and, in principle, made the cryptocurrency so interesting

Do you said bitcoin is an easy money? If that’s true, those who buy it $65k would worry less of the price since it is always an easy money but with my little experience with bitcoin, it’s not an easy money. You need patience, perseverance, dedication, ability to look ahead of any impossibilities because holding bitcoin is not a straight journey, it is full of bumps that you may even be discouraged like times like this(bear market), bitcoin is not for the faint hearted people but if you manage to employ the above, you will enjoy it like an easy and free money.

Bitcoin price cannot be stable and wouldn’t be stable, if at all it has been stable, it wouldn’t get to where it is today, it might has not get the attention the way we wanted and even at this level, it’s just the beginning of new price attainments.

[eightdots]

On the one hand, I might still be interested in Bitcoin in order to store value without it being centralised, keeping it out of the banking services. Although that can be done in other ways, such as via stablecoins.

On the other hand, it would completely lose its purpose and meaning. What's the point of storing and hoarding something that will gain no value in the upcoming years? I think that the majority of us are here because we're anticipating that Bitcoin's value will increase in the future.

Having bitcoin’s volatility is what keeping us interested buying and hodling it for long term because we know in the future that it will give us huge returns 5x or even 10x from its capital. That is why a lot of us put more investments in bitcoin compared to fiat. Now, if the value gets stable and will always be fixed, what’s the use of buying low and selling high? If that’s the case, then maybe I would prioritize fiat in the end.

Bitcoin means something to all of us. Many of us rely on this system. On the other hand, we want to increase our capital 2x 5x. Suppose a fixed price view is adopted. Will it be the bitcoin we dream of then? I don't think so. Investing takes courage. There is always risk. Perhaps this is the biggest reason why we love this market. If something is going to be stable, it shouldn't be bitcoin.

[Quidat]

In my opinion, it is better to keep it that way because this is the reason why traders and investors makes the courage to invest here and do trading. May the consequence is too risky for them and also for those who accept Bitcoin as payment but actually, we see Bitcoin is growing. With the volatility of the market makes it more profitable for the holders.

Likely, this is a shared opinion but I believe there is nothing we need to change the nature of the market. What just we need is the adoption of how the way it works.

I don’t see it losing too its volatility either and stick to its stable price. If this will happen, for sure a lot would lost their enthusiasm in bitcoin knowing volatility is the main thing that drive us crazy particularly when bitcoin price reaches its new ATH. Yes, having volatility is a big risk, but no one gets to the most exciting point and gets the biggest returns when we always avoid taking some risks.

There might be people who doesnt really like volatility but its true that one of the main things on why people get interested with Bitcoin is the probability that you would really be thinking about its
price movement which it could really give out that chance or opportunity for you to make money.Cant really be denied that when it comes to utility then this is something we do really appreciate
but in overall we do keep in our minds that we could really make money out of these movements and this is what we do really prefer most of the time.
We dont need stability and even if we do, there's no way that the market or behavior would be totally be changed up.

[landheer]

At the moment, No!
I think some of us deserves some reward for being early adopters. There is a risk factor in being early on an innovation as well as an opportunity as bitcoin continues to prove with its appreciation in value. Also, its pump and dump to give other opportunities to step in and get some reward on risk taken.

Maybe in later times when it's all distributed and the world is effectively using it for day-day transactions, then we can wish for a stable bitcoin. For now, bitcoin has just hot to keep being volatile and it's the way we like it.

but in my opinion, however, bitcoin will not be able to stabilize its price, and surely most people want an unstable bitcoin price. including myself want bitcoin with unstable prices. because if the price of bitcoin is stable I will not invest in bitcoin.