How can we end the *VOLATILITY OF BITCOIN*

[franky1]

when bitcoin was 2 years old(2011) swinging by 100x in a few months ($0.30 to $30) was a big deal
we have not seen a 100x swing since

when bitcoin was 4 years old(2013) swinging by 85x in a year (jan $14 to dec $1.2k) was a big deal
we have not seen a 85x swing since

when bitcoin was 8 years old(2017) swinging by 20x in a year (jan $1k to dec $20k) was a big deal
we have not seen a 20x swing since

when bitcoin was 12 years old(2021) swinging by 3x in a year (jan $25k to nov $70k) was a big deal
we may see a 3-7x swing again

the swings are not getting wider. things are calming down

Bitcoin went from 3k in 2020 to 70k a year later no ? But ok indeed it's slowly getting less and less volatile

well i was using calender year not YTD

so lets use YTD
jul 2010-2011 0.09 to $30 = 333x
nov 2012-2013 11 to 1.2k = 110x
dec 2016-2017 950-20k = 21x
mar 2020-2021 4.8k-61k=13x
apr 2020-2021 6.8k-63k=9x
oct 2020-2021 10k=70k = 7x

[1715257896]

1715257896

[sbrys]

well i was using calender year not YTD

so lets use YTD
jul 2010-2011 0.03 to $30 = 1000x
nov 2012-2013 11 to 1.2k = 110x
dec 2016-2017 950-20k = 21x
mar 2020-2021 4.8k-61k=13x
apr 2020-2021 6.8k-63k=9x
oct 2020-2021 10k=70k = 7x

I'm not really getting the point of those last 3 lines. You should consistently follow the full bull run and not in parts (if that's always clear off course) From March 2020 to 2021 it also comes close to *20

But indeed it's decreased exponentially compared to the early years

[franky1]

i am not the one that wants to be picky about numbers by looking for specific things by changing parameters until it fits a narrative, which keeps going against you so you wanna change parameters

you mentioned dates of ATH points and to go by previous YTD of such points(yes 3 happened in 2021). so i did. you dont seem happy about results so now you wanna move the goal posts again??

whats next.. go by halving cycle to then find a new plot point
or to go by bear or bull of the ultimate low and high per period(as just mentioned)..
ok lets go do that

first price discovery 0.03 first ath $30 = 1000x
next ATL 3 next ATH 1.2k = 400x
next ATL 325 next ATH 20k = 61x
next ATL 3100 next ATH 70k = 22x

any ways.. my initial point is the bitcoin system is itself shortening the trade window multiplier naturally. (as shown by many numbers listed in last few posts)

we also have the whales since mid 2022 artificially thinning the spot market varience by controlling the spot price movements so they can win their futures market s bets(only releasing their resistance walls when their futures contracts expire)

however if we next were to be foolish and beg some regulator or the exchanges to implement "circuit breaks" where trading is temporarily halted if prices move by more then x%. we are then going against the practical and natural economics of bitcoins deflationary path, and trying to over manipulate it

here is my point again.
fiat is not stable!!
just walking a few streets down the road you can find the same products at different price ranges.
come back different weeks and the prices of goods are different again.
we have just got soo used to it with slogans like "discount" and "sales season" "inflation" that we dont see it as volatile we see it as opportunity

yet some want to manipulate the markets and remove its natural fluidity just to fit in some "stable" box of one countries desire, even if it can then be against another countries benefit.. um no thanks

WORLD value:premium is $15k-90k(ish(rounded))

and american home hobby miners average residential electric costs, thus break even is about $30k
i fully understand american miners hate it when the price was $17k-$24k (prev 6 month) as it meant they cant mine profitably
i fully understand american buyers hate it when the price was $35k-$70k (2021-early 2022 era) as it meant they cant buy it cheap

yes i get it they would love it if bitcoin stayed around $25k-$35k permanently so part of the year they can mine when premium and sell.. and buy when low

but for a world currency. the window is wide.. due to how the politics of forex, that want to have different countries fiat rates to be wide apart so they can then buy cheap imports from 3rd world countries and such.

yes if people in africa got paid min wage at same rate as americans the window would closer.. the same goes if electric was sold at the same rate world wide the window would closer

but its not. so we have to accept how things are

[sbrys]

i am not the one that wants to be picky about numbers by looking for specific things by changing parameters until it fits a narrative, which keeps going against you so you wanna change parameters

you mentioned dates of ATH points and to go by previous YTD of such points(yes 3 happened in 2021). so i did. you dont seem happy about results so now you wanna move the goal posts again??

whats next.. go by halving cycle to then find a new plot point
or to go by bear or bull of the ultimate low and high per period(as just mentioned)..
ok lets go do that

first price discovery 0.03 first ath $30 = 1000x
next ATL 3 next ATH 1.2k = 400x
next ATL 325 next ATH 20k = 61x
next ATL 3100 next ATH 70k = 22x

I really don't care to be honest. I was not even discussing against.

I just like things to be consistent and this is indeed consistent

[Osama Maaz]

Its possible theoretically but no one will able to control the vitality because of decentralized nature of crypto field and in coming future the market have chances of stabilize because many users believes in crypto and Bitcoin they holds harder ,
So in coming future crypto is gonna solve many financial problems and the value of Bitcoin will go higher then we expect.

[coupable]

Like any product in the market, Bitcoin is a commodity whose price is controlled by supply and demand, which in turn is affected by market fluctuations in general.  
And as we notice in the rest of the market's products, the relatively stable price is the result of widespread use.
The major currencies that seem to us the most stable, their price also fluctuates, but to a much lesser extent. This, of course, is due to the balance between supply and demand, which is mainly caused by the intensity of use

[jarrjarr]

The volatility of bitcoin won't end anytime, I think we have to give more time for more people to appreciate bitcoin and use it in daily business transactions. At the moment, I believe some form of regulation can help make things pretty much more stable than we have at the moment otherwise we shall experience more issues with volatility. The high price volatility of Bitcoin and other decentralized cryptocurrencies will never evaporate. On the perverse, if the expense of cryptocurrency will improve, the volatility will only boost, as the expense spectrum will develop.
As long as the price of cryptocurrency will depend on supply and demand, the high price volatility of cryptocurrency will remain. Still think the ETF funds can solve this problem, or at least will lessen the volatility of Bitcoin. The more control of the market, the less volatility it will be, now we still don't have any rule or laws to govern this market,.
 

Dump this shit down to zero like cardano and problem solved 

Worth as much as a bigger fool (or money printer) willing to pay for it

[lionheart78]

It is hard to end or control the volatility of Bitcoin.  Being decentralized, there is no central authority to control the market.  Even with ETF, I believe it can't control the volatility because there are other factors that can affect the price fluctuation of the Bitcoin Market.

There are lots of factors that affect the fluctuation like market sentiment, changes in regulations, and worldwide events. ETF can help reduce bitcoin volatility but ETF itself is also volatile as an underlying asset.

In the end, there are factors that can minimize or help reduce Bitcoin volatility but I believe there is no way to end it.

[uneng]

In the end, there are factors that can minimize or help reduce Bitcoin volatility but I believe there is no way to end it.

There is no way to end it, that is true, and it's preferable that it remains like this, as we have the assurance to be dealing with a decentralized currency.

But to minimize volatility it's just a natural process which is happening year after year. Adoption just needs to continue increasing, so volatility will decrease progressively. Volatility is directly related to the manipulation power of whales. The less power whales have, less susceptible the market is going to be to manipulation, decreasing volatility.

When the market has more participants, it's likely the sentiments will be mixed, so while some panic sell, there will be others buying the dip, keeping prices more stable, although the total balance is never achievable on this market.

[Argoo]

Here the question is. Do we want to end bitcoin volatility?

I think volatility is the best part of bitcoin because we can make huge profits just by holding our coins, and that is how people become rich with bitcoin, buy low and sell high, that's how it works. And bitcoin without volatility wouldn't be as cool as it is right now. It's an investor's tool to hit the moon. So, no one wants to end its volatility.

Agree. It is the high price volatility in the cryptocurrency market that attracts a significant number of both traders and cryptocurrency holders. If the price volatility were at the level of other markets, the cryptocurrency would not have such demand as it is now. Therefore, it is not even worth artificially interfering in this process. True, so far we do not know which way the regulation of cryptocurrencies by the states will go.
The volatility of bitcoin and other cryptocurrencies could decrease or even disappear if the cryptocurrency loses its decentralized nature. However, there is an opinion that with the increase in the adoption of cryptocurrency, its price volatility will decrease. Let's see how it will be in practice.

[el kaka22]

I agree that there is a bit more increases than calculated if you take the bottom of a year and the top of another year, which means in 2020 it was as low as 4k and it was as high as 68k in 2021, meaning it did went up quite a bit, more than 15x in fact.

However, it's still nothing major compared to what it used to be, x100 was something not so shocking back in the day, and it's near impossible right now. Which is why we should be considering this as a warning sign that we are not as volatile as we used to be. I wish we were that way we would have lower lows but it would also allow us to have higher highs as well. This would give us a chance to make a lot more profit than what we can do now.

[dunfida]

The volatility of bitcoin won't end anytime, I think we have to give more time for more people to appreciate bitcoin and use it in daily business transactions. At the moment, I believe some form of regulation can help make things pretty much more stable than we have at the moment otherwise we shall experience more issues with volatility. The high price volatility of Bitcoin and other decentralized cryptocurrencies will never evaporate. On the perverse, if the expense of cryptocurrency will improve, the volatility will only boost, as the expense spectrum will develop.
As long as the price of cryptocurrency will depend on supply and demand, the high price volatility of cryptocurrency will remain. Still think the ETF funds can solve this problem, or at least will lessen the volatility of Bitcoin. The more control of the market, the less volatility it will be, now we still don't have any rule or laws to govern this market,.
 

We dont have any problems
We dont need for some regulation or rules to govern on this market
We dont need to be handled it out by the government

This is the primary reason on why decentralized projects specially Bitcoin had made due into its purpose.If you cant bare out about the risk or deal with the volatility that it gives
then it isnt really something for you because its been volatile since it first existed and come to mind off that people around are much prefering with this moving prices
since this is the way that we could really make out some money or profits.

[Scripture]

Volatility will stay because not everyone will agree on the current price of Bitcoin, there will always be a buyer and seller and that makes Bitcoin more volatile.

Maybe, we can limit the trading hours for Bitcoin and follow the market hours of stocks which is not available during weekend, by this we can slowdown the volatility but I’m afraid that this is not possible to happen.

[Elpeor00]

I really hate the way this topic's title (and its numberless previous incarnations) are phrased. Why would "we" "end" the volatility? (With the last words in caps, like a commercial brand slogan)

Currencies and commodity prices float respective to each others, it's just the way it is, you can argue that trying to impede it is contrary to bitcoin's ethos.

I understand that from an outsiders point of view BTC's high volatility may look threatening, but if someone is into bitcoins ecosystem or serious learning about it one would find pretty early that a stable price relative to fiat may not even be on the table (this one is an interesting and deeper topic)

Furthermore, the way OP phrased it gives the idea that "we" are trying to control BTCs price, putting Bitcoin's community at the same level as a "get rich quick" scheme in the eyes of the uninformed people

[franky1]

another example
https://www.numbeo.com/cost-of-living/country_price_rankings?itemId=8
milk
international milk prices are from $0.44-$5

thats a international "volatility" of milk speculation of 11x market window

and just like travelling from tunisia - lebanon to get milk at such a wide range of ask price (12x)

if i travelled norway-hawaii for the min max of fresh mined bitcoin there is a $15k-$90k range of ask. (6x)

so bitcoin is not as bad as people think in comparison to other international 'commodities'

more examples
https://www.numbeo.com/cost-of-living/country_price_rankings?itemId=9
bread $0.14-$3.26 (23x)

yep if bread was sold on a international market. bread would see swings that move alot more and wider than bitcoin

[laurenB7742]

Here the question is. Do we want to end bitcoin volatility?

I think volatility is the best part of bitcoin because we can make huge profits just by holding our coins, and that is how people become rich with bitcoin, buy low and sell high, that's how it works. And bitcoin without volatility wouldn't be as cool as it is right now. It's an investor's tool to hit the moon. So, no one wants to end its volatility.

Agree. It is the high price volatility in the cryptocurrency market that attracts a significant number of both traders and cryptocurrency holders. If the price volatility were at the level of other markets, the cryptocurrency would not have such demand as it is now. Therefore, it is not even worth artificially interfering in this process. True, so far we do not know which way the regulation of cryptocurrencies by the states will go.
The volatility of bitcoin and other cryptocurrencies could decrease or even disappear if the cryptocurrency loses its decentralized nature. However, there is an opinion that with the increase in the adoption of cryptocurrency, its price volatility will decrease. Let's see how it will be in practice.

Although many people always say that they love bitcoin because it is decentralized and anonymous, bitcoin can help them become their own bank, all true, but what makes us all invest in bitcoin is its volatility. So I also agree that if bitcoin loses its volatility, people won't need bitcoin anymore, and the market will lose its appeal. Everything will be meaningless if bitcoin is no longer profitable.
Decentralization is not what makes bitcoin volatile, the current market volatility is just shark manipulation, IMO.

[franky1]

Although many people always say that they love bitcoin because it is decentralized and anonymous, bitcoin can help them become their own bank, all true, but what makes us all invest in bitcoin is its volatility. So I also agree that if bitcoin loses its volatility, people won't need bitcoin anymore, and the market will lose its appeal. Everything will be meaningless if bitcoin is no longer profitable.
Decentralization is not what makes bitcoin volatile, the current market volatility is just shark manipulation, IMO.

1. even if the movement window was just 0.1x (10% a year) its still better than any interest savings account fiat banks can offer

2.even 300 years after "tulip mania" people still buy and sell tulips(go check any garden centre, yep those businesses still make profit selling tulips)

3.its not volatile right now due to whales or sharks. its actually being suppressed -resisted because of whales/sharks. yep suppressed-resisted from being the wide international sentiment of speculation. but their activities only work for 1-8 week periods at a time

[Hispo]

Why would we want to get rid of volatility in an artificial way.  
Volatility is one of the reasons so many traders are into this market and willing to provide huge liquidity through exchanges, of course in the hope of getting a quick buck, in exchange, besides, if I remember correctly satoshi was okey for Bitcoin to have a floating exchange rate and to this day volatility has not represented a problem for our ecosystem.

For those who need stable coins, there some in the market which do not seem to be in the brink of collapse anytime soon.

Yeah, I don't see volatility as a problem too. But many people are trying to make BTC a payment method, but it can't be done globally with that volatility. But I don't think that's even needed.

It depends whom you ask, I guess.
There are already merchants who accept Bitcoin regardless of its volatility, so they can hold or sell when they believe it to be convenient. Also, for those who do not want to deal with sudden price changes, there are services which allow them to accept Bitcoin as payment method and immediately cash out into FIAT, so BTC can be effectively used as a tool to transfer value.

[Jet Cash]

I haven't read all of this thread, so apologies if someone else has posted this.

You can't stop volatility. The banking/globalist elite now own large blocks of Bitcoin. They want to preserve extreme volatility to discourage mass adoption by the masses, and they will use their holdings to maintain apparent instablity in Bitcoin. They want the public to use central banking coins. We who understand this are in a fortunate position. We can monitor the long term asset value, and we can exploit the volatility to increase our savings.

[Sayeds56]

The volatility of bitcoin won't end anytime, I think we have to give more time for more people to appreciate bitcoin and use it in daily business transactions. At the moment, I believe some form of regulation can help make things pretty much more stable than we have at the moment otherwise we shall experience more issues with volatility. The high price volatility of Bitcoin and other decentralized cryptocurrencies will never evaporate. On the perverse, if the expense of cryptocurrency will improve, the volatility will only boost, as the expense spectrum will develop.
As long as the price of cryptocurrency will depend on supply and demand, the high price volatility of cryptocurrency will remain. Still think the ETF funds can solve this problem, or at least will lessen the volatility of Bitcoin. The more control of the market, the less volatility it will be, now we still don't have any rule or laws to govern this market,.
 

Volatility of Bitcoin is a gift for those who know how to manage risk. Acquiring technical skills and learning to use risk management tools can help you to take advantage of this volatility and make a potential profit. I understand that Bitcoin volatility will not last for ever and eventually decrease, as  crypto currencies market matures and its marketcap surpasses 5 Trillion dollars, then it won't be easy for whales to manipulate this market. DYOR