Does everyone want bitcoin to be stable in price?

[YOSHIE]

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?

Basically, many investors are worried about investing because the Bitcoin price is difficult to predict the next direction, in fact the Bitcoin market is open 24/hour non-stop, the volatility of the price moves is influenced by supply and demand, it can be said that market decisions are not controlled which makes Bitcoin unstable, for that we also often see some debates like you said, but many investors and Bitcoin lovers want to speculate, regardless of whether the Bitcoin price is stable or soaring.

For that although there are many pros and cons about the stability of Bitcoin, actually Bitcoin has its own reasons for remaining unstable.
For example:
As far as I know, one of the factors or reasons why Bitcoin can't be stable is because Bitcoin is one of the liquid assets that can be called very easy to liquid, the reason is that it doesn't have a third party, are free to sell and buy, another factor is that buyers and sellers are spread all over the world, anyone and anywhere people can negotiate in the trade of selling and buying, with that factor many people can't do much for Bitcoin to be stable, for that it's no wonder we often see Bitcoin every four years there is an inflation rate called the Halving, That's the basis that Bitcoin continues to change, it's difficult to turn Bitcoin into a stable asset.

[1715295381]

1715295381

[CryptoHeadlineNews]

Despite the fact that Bitcoin offers a variety of freedom, I am sure this request of wanting Bitcoin to be stable should be coming from those who constantly use it for daily transactions and are scared of losing money if eventually, its value falls in price (i.e especially people in the legalized countries who uses Bitcoin daily). But the truth of the matter remains that if Bitcoin becomes stable, which I'm sure can never, there will be no difference between it and the normal fiat currencies we use, as it is its unstable manner that makes it a good asset for trading.

[gabbie2010]

well I would aggree that the bitcoin price is volatile if bitcoin stable you can't earn from it

if you can tackle the volatility you can be rich and the other hand stablecoin is already here

The volatility nature of the price of bitcoin makes it tradeable thus create trading opportunity for long and short trades for traders while hodling the coin to earn some profits by it investors is another added advantage, personally I wouldn't want bitcoin to be stable that means hodling the coin if stable wouldn't guarantee any profit and a lot of investors will shy away from it, however, some hodlers might embrace that idea just to use it as a store of value in their wallet rather than exchanging it to fiat and save in a bank in a bid to avoid any form of KYC by transacting  anonymously.

[rby]

Despite the fact that Bitcoin offers a variety of freedom, I am sure this request of wanting Bitcoin to be stable should be coming from those who constantly use it for daily transactions and are scared of losing money if eventually, its value falls in price (i.e especially people in the legalized countries who uses Bitcoin daily). But the truth of the matter remains that if Bitcoin becomes stable, which I'm sure can never, there will be no difference between it and the normal fiat currencies we use, as it is its unstable manner that makes it a good asset for trading.

If bitcoin becomes stable it will not be a bad idea, it could also mean that bitcoin can be what the Creator initially wanted it to be. It could be that satoshi never thought that bitcoin will be rising and becomes an investment asset instead of a currency. If bitcoin becomes stable the lossers will be the traders. They could also not lose because they can trade other cryptocurrencies. So it is fine to say that the price volatility is not the only advantage that bitcoin has .

With bitcoin you can fight against inflation, you can remember private and control your money by yourself without going to the bank. These are all the advantages of Bitcoin instead of price volatility only

[goldkingcoiner]

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.

Stability is boring. Stability is living life in a perpetual state of Zugzwang of the highest order. To live a life without risk and chance of gain means there is so little to strive for, as it all evens out anyway.

I think the fact that Bitcoin has a volatile price is a good thing. It reflects how much profit potential there exists thanks to whales selling and buying all while Bitcoin slowly but surely rises in its core value. A smart man would take advantage of the whales and let them provide the cheap coin.

Buying the dips kills the whale  

[Xeon]

I do not! I mean it would be a horrible thing if bitcoin was ever stable, that would mean that I would not be able to make a profit from it and there is no way of investing into something that is stable and won't go up so I would not be making a profit.

With the way it is right now, it is volatile and it means I am going to make a great profit from it, definitely something that would be a lot more lucrative for any investor, anyone who wants it to stay stable doesn't realize how much profit could be made from the current state of things and that's very very important. I am not saying that it's going to be easy, but it's not going to be impossible neither, we are going to end up with a good return if it stays volatile.

[Woodie]

To be honest I think we need a taste of both worlds I.e stable and volatile as they come with their own pros and cons. A stable bitcoin could easily invite people and institutional investors into this ecosystem but then again looking at it from a traders point of view some volatility would be good to trade as this could be comparable to gold or Nasdaq which are highly rewarding if you catch the right market move.

[Stalker22]

To be honest I think we need a taste of both worlds I.e stable and volatile as they come with their own pros and cons. A stable bitcoin could easily invite people and institutional investors into this ecosystem but then again looking at it from a traders point of view some volatility would be good to trade as this could be comparable to gold or Nasdaq which are highly rewarding if you catch the right market move.

Sorry to disappoint you, but bitcoin never was a 1-way bet (at least it is not at the moment). The price will go up if enough people think it is valuable and will "use it as digital gold". And the reverse is also true. From the perspective of trading, the volatile market is ideal. From the perspective of adoption, stable market is better. A balance between these two could drive this ecosystem to new heights. That is why I am holding, because I believe in its potential. But the point is, Bitcoin is not for everyone. It has its pros and it has its cons. You need to research if you have plans on being a part of the ecosystem. You should know what you are getting into and be prepared to lose everything if you are just a trader looking to profit on the swing of volatility.

[Slow death]

what will happen if bitcoin's price became stable?

if that happened then all investors would stop investing in bitcoin, we all know that people enter this market because they want 2x, 3x, 5x profits and there are even more greedy ones who dream of 1000x profits, now imagine arriving and talking to these greedy people who want 1000X profits that the price of bitcoin is now stable? these guys will all withdraw all the money they put in bitcoin, the price of bitcoin will drop a lot and there will be little volume, in practice it would be an almost end of bitcoin

about another question if anyone wants bitcoin price to become stable? honestly i doubt most people would want the bitcoin price to be stable, that would destroy the main reason that makes bitcoin attractive, i myself wouldn't like to see the bitcoin price without high volatilities. Bitcoin-related news channels would go out of business because they wouldn't even have price prediction articles anymore

[BlackHatCoiner]

What does it mean to be stable? Nothing's stable. Nothing's a straight line. Not only in the stock market, but in nature. I've seen people talking about the stability of gold, and wonder if we could have such thing in bitcoin too. Have you seen a chart? Here's one: https://goldprice.org/gold-price-chart.html. Does this look straight to you? Do you think fiat currency is stable? Laughable. Bureaucracy asides, is there a society with a steady gross national product? No. Then, money units can't have a stable value.

Bitcoin will never stabilize, and that isn't a bad thing. It might stop being so fluctuating (which is already happening), but 'til there.

[Ayers]

.. But the truth of the matter remains that if Bitcoin becomes stable, which I'm sure can never, there will be no difference between it and the normal fiat currencies we use, as it is its unstable manner that makes it a good asset for trading.

if bitcoin cannot become stable then we will stop dreaming it will become the currency of the world and it will just stop being an asset, a commodity that can be bought and sold. no government or ordinary user accepts a volatile currency

as for me, i don't like stable bitcoin because then i can't make a profit. bitcoin may scare a lot of people because of its volatility, but for me, it is what makes bitcoin as unique as it is and what sets me apart from others

[cryptosize]

If you want a straight line, you can take a look at the heartbeat of a dead person.

Living/evolving things are never stable by definition.

[AmoreJaz]

Stable price indicates that either market is at complete equilibrium always which it can never be all the time. Sometimes demand will increase the supply and vice versa. This means that stability means no more booms in the market. Moreover it will take away livelihood from traders, arbitrageurs and hedgers, because no movement in price means trading closed Altogether and this will take away a big chunk of money as a lot of people are just to invest and make money.

the reason why many people are attracted on this market is because of the volatility factor of btc. if you remove this feature and btc becomes stable, yes, it may be good for payment method and other things. but the traders and other investors, will wane their interest and so this may affect the price. i don't think everyone wants a stable price. but less volatility may be favoured.

[tabas]

the reason why many people are attracted on this market is because of the volatility factor of btc. if you remove this feature and btc becomes stable, yes, it may be good for payment method and other things. but the traders and other investors, will wane their interest and so this may affect the price.

That's true, majority of the people that have started to invest in bitcoin is because of its volatility. Without, many will choose another investment where they can have that opportunity to see the rise of it and make their investment appreciate overtime.

i don't think everyone wants a stable price. but less volatility may be favoured.

There are some that likes it to be stable but when they say that, they've bought at the bottom and want it to see stable at an ATH price so that's still a win for them.

[landheer]

Be stable in price? I don't think it will bring a lot of people to want to own Bitcoin because in the end they just think it will be the same as fiat and it could be that big institutions that are also involved in taking profit from own Bitcoin's volatility will leave it because it's no longer profitable for them.
So bitcoin volatility in price is better choice in my opinion

I think so too. because I myself also want to invest in bitcoin because I see the price of bitcoin is unstable, if the price of bitcoin is stable, of course I will not invest in bitcoin, because if the price of bitcoin is stable, of course it will not provide maximum profit for investors. so the specialty of bitcoin is that its price is not stable.

[Bastidasyeferson442]

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.

[TheUltraElite]

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.

No speculative asset is being "stabled", they are always volatile but the degree of volatility is often manageable as is with bitcoin. Bitcoin is always open to trading, so there is no question of it ever being fixed at a price in terms of fiat currency.

I think so too. because I myself also want to invest in bitcoin because I see the price of bitcoin is unstable, if the price of bitcoin is stable, of course I will not invest in bitcoin, because if the price of bitcoin is stable, of course it will not provide maximum profit for investors. so the specialty of bitcoin is that its price is not stable.

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.

[Sunrise360]

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.

For me I don't think it will be that beneficial for Bitcoin to have a stable price. Price volatility in my own opinion is what makes it more interesting as investors/stand will have the opportunity to buy at lower price, sell at higher price and make their profits.
That's my own humble opinion.

[borovichok]

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.

Bitcoin is the top investment in the market and every investors would want to purchase it especially now that it's in dip. Many investors missed out on it when it was still cheaper and afforded, some gigantic Whales hsve already purchased major quantity of Bitcoin for long term purpose. Bitcoin have a promising future, no doubt about that but if not traded wisely, one can still loss. Not everyone wants to price of bitcoin to be stable, like the futures traders and spot traders, they tend to keep the price to be fluctuating inother to make their profits.

[cryptosize]

Living things are unstable by nature.

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

Only dead things are stable.