Does everyone want bitcoin to be stable in price?

[jakdanyel]

Those who want to invest, of course, will not want it to remain constant. Even if it is falling, the fact that it is moving keeps the market energetic and there is a constant flow of money in the market. As the value of Bitcoin increases, the number of people who want to invest will also increase. Therefore, more money will be involved in the market. Obviously, the constant value of bitcoin will not make anyone happy.

[1715345142]

1715345142

[1715345142]

1715345142

[1715345142]

1715345142

[1715345142]

1715345142

[1715345142]

1715345142

[CryptSafe]

How on Earth do you want Bitcoin to be a stable Coin. Sorry to say this, Bitcoin is a blockchain and therefore stands to get all benefit of a coin and not a token so you can see it yourself. It is near impossible to make Bitcoin a stable Coin as it was not built or financed on ICO or  IDO neither was the founders identity known. Making  Bitcoin stable can not hold any ground because it has no control or under anybody or government control. It is better it remains so as to allow for growth because I strongly believe Bitcoin will definitely grow much more than it's current price as it is going through a phase of by which it is building a strong price base and support. Come to talk of it, do you not know making it stable might likely cause a panic in market and scare away investors already holding giving them a Sense of loosing their investment. This would call for massive dump and I know and believe you would not like it so because nobody would want to buy it again. The major reason Bitcoin is so because it is not under any government control which is the sole reason Bitcoin was invented by Satoshi Nakamoto.

[Jemzx00]

Those who want to invest, of course, will not want it to remain constant. Even if it is falling, the fact that it is moving keeps the market energetic and there is a constant flow of money in the market. As the value of Bitcoin increases, the number of people who want to invest will also increase. Therefore, more money will be involved in the market. Obviously, the constant value of bitcoin will not make anyone happy.

I don't actually think that Bitcoin's price will remain constant even if we have reached or mined all of it but rather we can see a less volatile market on bitcoin the closer we reached the maximum amount. If you think about it, it will not be bad on the market as there will be a constant flow as there is still volatility on the price and it will be good for it's main purpose as a mean of medium for peer to peer transaction.

As of now, most of us are more concern on how much volatility the price of bitcoin is as we often look at bitcoin as an investment opportunity.

[uneng]

How on Earth do you want Bitcoin to be a stable Coin. Sorry to say this, Bitcoin is a blockchain and therefore stands to get all benefit of a coin and not a token so you can see it yourself. It is near impossible to make Bitcoin a stable Coin as it was not built or financed on ICO or  IDO neither was the founders identity known. Making  Bitcoin stable can not hold any ground because it has no control or under anybody or government control. It is better it remains so as to allow for growth because I strongly believe Bitcoin will definitely grow much more than it's current price as it is going through a phase of by which it is building a strong price base and support. Come to talk of it, do you not know making it stable might likely cause a panic in market and scare away investors already holding giving them a Sense of loosing their investment. This would call for massive dump and I know and believe you would not like it so because nobody would want to buy it again. The major reason Bitcoin is so because it is not under any government control which is the sole reason Bitcoin was invented by Satoshi Nakamoto.

If the supply wasn't concentrated in few hands the price would become more stable. Bitcoin splitted among more investors would be a guarantee against market manipulation, because it is impossible to manipulate the market when you have more independant adopters involved on the process thinking by themselves. That would mean the end of crashes in the market, what I believe to be positive for crypto environment, since many potential investors seek for a security level when investing their funds, which doesn't exist yet on this market (with the exception of stablecoins).

For me it wouldn't be an issue if bitcoin price became stable at some point, as long as it stays above the 100,000$ mark.

[Mr.right85]

If the supply wasn't concentrated in few hands the price would become more stable. Bitcoin splitted among more investors would be a guarantee against market manipulation, because it is impossible to manipulate the market when you have more independant adopters involved on the process thinking by themselves.

For me it wouldn't be an issue if bitcoin price became stable at some point, as long as it stays above the 100,000$ mark.

Stability for me is inevitable for bitcoin and just like you've said, when it spreads across hands and that time is bound to come. Thoughtfully, the government won't succeed in there bid to end bitcoin.
Market manipulations only means, the whales have got to invest a lot of bitcoin in the market and that's actually putting it out for sales too. For sure individuals would acquire some and that means, less and less holding for them which in turn reduces there ability to manipulate the market. This would go on and on until we archive some form of neutrality.
Stability would be a good thing, just not now!

[Vaskiy]

Price to be stable is like the traditional fiat over the cryptography. There is no use of it. The key attraction is the market volatility. Most of the users who prefer to take risk love the volatile market. The users who doesn't want to risk and stay on the much safer side stay with prefer traditional investment and the stablecoins.

There is no chance of bitcoin to be stable, because it is been developed in such as a way to operate on the demand to supply mechanism. With time the importance will be understood, if the users were able to make a small earning out of the volatile market once.

[Wakate]

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.

Since Bitcoin was never created to become a stable coin, then there is no reason why we need to think that it can go from a volatile coin to a stable coin which is impossible. The market will never tolerate any idea of become stable when everyone knows that Bitcoin is the one that is controlling the market. Every other projects do rely on Bitcoin to have a strong liquidity that will move the market. There are many altcoins that will never have a good move until Bitcoin have gather enough liquidity and momentum.

[Oilacris]

Price to be stable is like the traditional fiat over the cryptography. There is no use of it. The key attraction is the market volatility. Most of the users who prefer to take risk love the volatile market. The users who doesn't want to risk and stay on the much safer side stay with prefer traditional investment and the stablecoins.

There is no chance of bitcoin to be stable, because it is been developed in such as a way to operate on the demand to supply mechanism. With time the importance will be understood, if the users were able to make a small earning out of the volatile market once.

When we do hear the word "Stable" Stability or whatsoever then it would;
Stable = Same as Fiat

Then how people would really be get interested to that? We cant make money out of volatility which it would be understandable that you would really be looking for something which is moving
or volatile for you to make profits.
We cant really deny that people do really get interested on the potential income that we could make by simply holding our crypto holdings for some period of time.
For Bitcoin, yes it does have the utility but we cant really ignore the fact that people would really be looking importance for this feature or opportunity.

[EarnOnVictor]

When we do hear the word "Stable" Stability or whatsoever then it would;
Stable = Same as Fiat

You are getting this wrong, fiat is not stable in price, maybe you are referring to stablecoins that are pegged with the USD. But in this subject matter, the OP could only refer to the exchange rate and BTC has to be paired with fiat before a rate could be established. Like, say BTC/USD to achieve its prevailing price, just like EUR/USD in the forex market. All these exchanges don't have a stable price, they always fluctuate, which is what makes the financial market tradable. Without fluctuation in price, you can't gain or lose through trading.

[cryptosize]

Not even gold is stable...

[jinmioluwaseyi]

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.

In as much as we want bitcoin to be stable it can never be stable cause of its volatility. And the instability make it to be possible for trader to trade on it as at when to buy and when to buy. So I don’t think bitcoin can be stable.

[Ziskinberg]

When we do hear the word "Stable" Stability or whatsoever then it would;
Stable = Same as Fiat

You are getting this wrong, fiat is not stable in price, maybe you are referring to stablecoins that are pegged with the USD. But in this subject matter, the OP could only refer to the exchange rate and BTC has to be paired with fiat before a rate could be established. Like, say BTC/USD to achieve its prevailing price, just like EUR/USD in the forex market. All these exchanges don't have a stable price, they always fluctuate, which is what makes the financial market tradable. Without fluctuation in price, you can't gain or lose through trading.

That is certainly a reason why Bitcoin is still gaining more interest. Without the volatile nature of this coin, I'm in doubt if there is someone who would buy, trade, and hold for long-term gaining nothing. But because this gives us chance to earn more money, people prefer to be like what was been started. And I don't think it become stable either, not even I see the reason why we should change it. Because if that will come, many people are leaving and switch to another form of investment.

[MaterialMouse69]

No one will ever have an interest in investing in Bitcoin if that's the case. The only thing why people are investing in Bitcoin is because it is the most popular and valuable digital currency in the world today. Bitcoin's volatility matters everything for investors and holders as it provides profit for them. Traders rely on the volatility of Bitcoin, they use the volatility of Bitcoin to determine when should they enter or exit to gain profit. It may also have some pros when Bitcoin will have a stable price but the volatility of Bitcoin is what makes it unique and provides a lot of opportunities to gain profit for people.

[Renampun]

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 like the volatility of the bitcoin price as it is now, if the bitcoin price is stable then it's no longer attractive and fortunately the bitcoin price will never be stable because bitcoin will forever continue to be a decentralized coin/asset.
in the market there are many stable coins/assets that already have many users then bitcoins no longer need to be stable coins/assets.

[fuguebtc]

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.

It is true, although bitcoin has a lot of features that surpass fiat but if it becomes stable then I am pretty sure it will not attract a large number of users to it. We can't deny that most of us enter the market to make a profit rather than using technology and finding ways to make it popular, I believe that if bitcoin doesn't go up in price, we will never make it popular.

Nowadays, people invest in bitcoin or continue to believe in bitcoin because it has helped them to have a better life thanks to the soaring bitcoin price. Iit's hard to think that bitcoin will stabilize and people will leave the market.

[Fivestar4everMVP]

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.

Well, I don't know about other people's opinion concerning this topic, but what i do know is that I personally do not want bitcoin to be stable in price, profit we all have enjoyed over the years since the inception is bitcoin is as a result of its high volatility in price.

beside, I am even wondering how possible is it for the price of bitcoin to become stable, price movement, either up or down is created by demand and supply..
Price goes up when the demand and high and the supply is low
And price goes down when the demand is low and the supply is high..
And Bitcoin being an asset with a very limited supply to serve over a billion people in the world population, i personally do not  think it is possible for the price of bitcoin to become stable, at least ..not in the nearest future.

[Zanab247]

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

Yes, that is why traders and investors will continue experience dump and pump in the market to make bitcoin valuable in the community. I guess, it will be difficult for bitcoin price to be stable through out the year than to dump for investors to experience bear market at the moment and pump for investors to experience bull market, which is part of some of the advantages that made many people to like bitcoin in the community.

[munehungre]

I think these two links will be of significant interest to many of you.

https://www.pricedinbitcoin21.com/landing


http://pricedingold.com/

[Thomas Kralow]

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 don't want the price of Bitcoin to be stable or not change much. If this happens, it means that the encryption market is not active, which is a very unhealthy performance. Decentralization, anonymity, and large fluctuations are all characteristics of Bitcoin.

[hd49728]

Those who want to invest, of course, will not want it to remain constant. Even if it is falling, the fact that it is moving keeps the market energetic and there is a constant flow of money in the market. As the value of Bitcoin increases, the number of people who want to invest will also increase. Therefore, more money will be involved in the market. Obviously, the constant value of bitcoin will not make anyone happy.

They will want Bitcoin to be stable in price if they hate Bitcoin and hate Bitcoin investors so they don't want to see other harvest good profit from Bitcoin increases.

Or they are Bitcoin investors and want Bitcoin to be stable in low prices in order to have enough time to accumulate as many cheap bitcoins as possible.

They should not invest in Bitcoin if they want its price to be stable. If they want a stable thing, they can hold their money in fiat currency, not stable coin.

I like the volatility of the bitcoin price as it is now, if the bitcoin price is stable then it's no longer attractive and fortunately the bitcoin price will never be stable because bitcoin will forever continue to be a decentralized coin/asset.
in the market there are many stable coins/assets that already have many users then bitcoins no longer need to be stable coins/assets.

Bitcoin as a free market, it has volatility that is sometimes high and sometimes low or stable. High or low volatility, you should pay attention on trading volume that is shown how much capital is in the market actively.

With low trading volume, price can not rise higher but if you see high trading volume, you should do more research on whether big exchanges do some promo for trading like waiving trading fees, bonus with high trading volume profiles.