fuguebtc
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June 28, 2023, 12:21:10 PM |
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Still think the ETF funds can solve this problem, or at least will lessen the volatility of Bitcoin.
Bitcoin ETF is already already here, the price of Bitcoin has already shown some positive move over the news. But I don't think that's enough for Bitcoin volatility to be controlled. Volatility is one thing that makes Bitcoin what it is today, you saying Bitcoin volatility should be stopped means you are trying to make Bitcoin a stable coin. Which can't be possible because even the said stable coins out their are not that stable, they still lose value. Bitcoin volatile can only end if it's ever possible for Bitcoin to be controlled which is not possible. Bitcoin's volatility is a good thing, and that makes it attractive, but I don't understand why so many people want it to be stable? If bitcoin becomes as stable as gold, then I think more people will leave it and look for more volatile investments, let alone it will become as stable as currency. There won't be too many people loyal to bitcoin once it stabilizes. Honestly, I never expected bitcoin to be stable, I like it to be volatile because it's profitable. If someone doesn't like volatility, they can look to other assets instead of expecting bitcoin to become stable.
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Wend
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June 28, 2023, 01:50:02 PM |
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Increasing adoption and usage of Bitcoin could help reduce volatility. If more people use Bitcoin as a currency for everyday transactions, it could lead to a more stable demand for the cryptocurrency. Next is regulatory clarity could help reduce volatility. If governments provide clear guidelines and regulations for the use of Bitcoin, it could increase investor confidence and reduce uncertainty. Improving infrastructure and technology could help reduce volatility. The development of faster and more efficient payment channels could make Bitcoin more accessible and easier to use, which could lead to a more stable demand for the cryptocurrency. While it may be difficult to completely eliminate volatility, there are steps that can be taken to reduce it and create a more stable environment for Bitcoin.
What you say could help the volatility of bitcoin will decrease somewhat. But does reducing its volatility benefit us? I mean, we invest for profit, and if things are less volatile or stable, how do we make a profit? We invest in bitcoin not because it is decentralized or provides privacy but mainly to provide a higher return than any other investment. If volatility is contained, will we continue to invest in bitcoin? Will you still hold bitcoin for the long term?
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sana54210
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July 01, 2023, 06:44:53 PM |
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For those who see bitcoin as a currency, bitcoin's erratic volatility is a real annoyance and a major barrier to bitcoin becoming a currency. But for speculators, volatility is a very useful thing, the more volatile bitcoin, the more excited they become.
As far as I can see, up to 99% of people in the market are investors, there won't be too many bitcoin supporters to become stable. And I also really doubt, will many people continue to stay with bitcoin if it becomes stable? People come to bitcoin for money rather than to support a new technology or seek privacy...profit is always their primary concern. So I highly doubt when bitcoin become stable.
That should be the reason why we are using it, it's an asset and was always an asset and for some reason people think that dollar value of it should matter. If you really want to use it, you have to accept it as the value of it, the dollar you hold loses value the more you hold it as well but people still hold it for some reason, why? Those people need to realize that you need to invest into bitcoin and just forget about it, that should be the case in most situations. If you want to use it as a currency, use it as if you are buying and selling at the same time, if you only receive, then turn around and spend fiat, that might be amazing at bull period but terrible at bear period and that's why it's a huge risk, don't do that, use it for both.
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benalexis12
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July 02, 2023, 02:36:30 AM |
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You already answered your own question, probably, volatility happens depending on the average percentage of buyers and sellers. And it will only stop if both buyers and sellers stop in doing trade in this field of crypto space. Meaning, as long as you see the motion in trading is not stopping the volatility will continue to move just like the time clock never stop.
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YUriy1991
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#SWGT PRE-SALE IS LIVE
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July 02, 2023, 05:53:19 AM |
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KiaKia
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July 02, 2023, 08:05:44 AM |
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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,.
Even if every face of the earth is full of Bitcoin investors, volatility will always take place, and there is no amount of support and news can make Bitcoin more stable, the price action of Bitcoin is not about the adoption, if not, bitcoin wouldn't have grow from 100s to 1000s in the past, and that time the adoption rate was at it's lowest. You need to understand the market situations and long-term chart play, it's inevitable, and that's just perfect for Bitcoin, if you are seeing the disadvantages of Bitcoin as complete disadvantages then you understand nothing about it, every disappointment is a blessing like my people use to say, and every bitcoin disadvantages has its advantages. You are the one that has limited understanding.
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|MINER|
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July 02, 2023, 08:46:17 AM |
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Even if every face of the earth is full of Bitcoin investors, volatility will always take place, and there is no amount of support and news can make Bitcoin more stable, the price action of Bitcoin is not about the adoption, if not, bitcoin wouldn't have grow from 100s to 1000s in the past, and that time the adoption rate was at it's lowest. You need to understand the market situations and long-term chart play, it's inevitable, and that's just perfect for Bitcoin, if you are seeing the disadvantages of Bitcoin as complete disadvantages then you understand nothing about it, every disappointment is a blessing like my people use to say, and every bitcoin disadvantages has its advantages. You are the one that has limited understanding.
Well said, mate. All the advantages and disadvantages of Bitcoin are in the volatilities of Bitcoin. In my personal opinion I think that the main power of bitcoin included on the volatilities of bitcoin. So there will be no questions about the ending of bitcoin. I will say that when the volatilities will be end of bitcoin there will be also ending of the power of bitcoin. So I will also saying with you that even all the people of world adopt of bitcoin the volatilities will be never end
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irhact
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July 02, 2023, 08:52:33 AM |
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Bitcoin's volatility is a good thing, and that makes it attractive, but I don't understand why so many people want it to be stable? If bitcoin becomes as stable as gold, then I think more people will leave it and look for more volatile investments, let alone it will become as stable as currency. There won't be too many people loyal to bitcoin once it stabilizes.
Yes to everything you said, if Bitcoin stopped been volatility it'll lose what make it interesting and captivating to investors. High risk bring high rewards and that's what comes from the volatility of Bitcoin price and that's why it is interesting to many individuals, they have high expectations of profiting that's why the buy Bitcoin. Bitcoin can't stopped been volatile but the volatility can reduced in the future when Bitcoin gets more popular. If Bitcoin volatility stops completely, the number of users on the blockchain will reduced as only those that joined for the purpose of using Bitcoin as a currency for its unique characteristics will be left while other individual that joined for other price related purpose like trading will leave.
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