When Bitcoin will become stable currency?

[tjtonmoy]

Bitcoin being volatile is beneficial for many. And that's how they invest in Bitcoin in order to make profits. If it becomes stable, then many will lose interest and use fiat currency instead. Volatility keeps people attracted to Bitcoin. Price inflation with fiat currency is a big problem. But with bitcoin, it's not possible. Because it has a limited supply.
 Yes, the market gets manipulated time to time. But Bitcoin has shown us over and over that it is capable of going up again. Which is not possible with fiat currency. And as you mentioned, freedom and functionality is also a major factor to consider with bitcoin. As long as people can understand this, they will keep using Bitcoin. As an asset or as a payment method. It will still be there.

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[dlightag]

The sweetest part of Bitcoin business in the cryptocurrency industries market is the price movements, which making Bitcoin to be a stable coin, it will make cryptocurrency market slow down and not to be attractive to many individual and investors we not be motivated as well. Therefore there are many stable Coin's in the cryptocurrency market, which if you prefer holding a stable coin in your wallet is a choice. I prefer holding coin that appreciate value.

[axxo]

It is difficult to predict when will be bitcoin will become a stable currency. Crypto currencies value are highly volatile. Market demand, regulation and adoption rates have all impact on the stability of a cryptocurrency. Some other believes that as more people begin to adopt in cryptocurrencies, their value and stability could increase. There are countries now are exploring the development of their own digital currencies which could further legitimize the use of cryptocurrencies as a form of payment. The long term stability and viability of the crypto currency are still uncertain.

[Patrol69]

Although no one can say for sure whether Bitcoin will be stable, I think it is more likely that Bitcoin will not be stable as all digital currency markets depend on this one currency. If this currency is stable then other currencies in the market (like USDT or UDC) will become stable then no one will have any interest in this market or the market may lose its rhythm. Because if a currency is stable, then no investor will invest in that currency, so considering these things, I think maybe Bitcoin will continue the way it is going.

[PIMPdev]

Although no one can say for sure whether Bitcoin will be stable, I think it is more likely that Bitcoin will not be stable as all digital currency markets depend on this one currency. If this currency is stable then other currencies in the market (like USDT or UDC) will become stable then no one will have any interest in this market or the market may lose its rhythm. Because if a currency is stable, then no investor will invest in that currency, so considering these things, I think maybe Bitcoin will continue the way it is going.

I'm almost 100% sure BTC will never be stable. I mean, it won't be a Bitcoin anymore if it becomes fully stable. I don't see BTC as the currency, at least the main one.

[Marvell1]

First of all, Bitcoin is not a currency to be precise. Moreover people use Bitcoins as an asset and use it to make profits. You can take Bitcoins as gold, like in earlier days people used to trade things, like they give their golds, to get rations etc, similar thing happening with Bitcoins also. But this doesn’t make Bitcoins as currency. Moreover there are fixed amount of Bitcoins already broadcasted in the network, so this mean if people’s demand increases to acquire more Bitcoins, then the price will keep on increasing. So Bitcoins never settle at any fixed price.

But they used gold because its price was stable. Yes, it was growing over time, but it wasn't dropping like 5% in one day. So I don't think bitcoin is like a modern gold, the fluctuations are too severe.

And I don't think that Satoshi thought of bitcoin as a new asset to invest in. The idea is that you can't print bitcoin so it won't lose its value completely, but it doesn't save it from fluctuations.

Comparing the use of gold to bitcoin is incorrect because by the time people used gold as a method of exchange, fiat had not been created, and that is why gold did not become volatile. And you are also correct that Satoshi created bitcoin to be a currency, a P2P payment method, he did not intend to make bitcoin a speculative and volatile investment like we are seeing. But until now, for bitcoin to become stable and used as a currency has been almost impossible, as people are in demand for bitcoin as an investment rather than a currency.

Today, it doesn't matter what Bitcoin is called, the important thing is that it has been and is bringing many benefits to us, it was a great success. Moreover, you can also use it as a currency if you want, also a lot of people are using it as a currency despite its volatility.

[Etranger]

The problem is, in order for Bitcoin to become a currency everyone will use, it should be stable. I know that you might say that people will still use it because it's not about stability, it's about freedom and technology. I agree with that, but Bitcoin needs to be stable in order for people to treat it like money, and not like an asset.

I am not sure that the main reason why bitcoin is not yet used as a currency for everyone is its instability. Fiat currencies are not stable either, otherwise we didn't`t have such phenomenons as inflation, deflation or devaluation. I have a lot of doubts if it is even possible to create a stable currency, not speaking about its usefulness and effectiveness.

I believe, that bitcoin has bigger problems to become a currency everyone will use due to lack of necessary (yet) identification, which cannot be avoided when working with fiat money. Which country or government will be satisfied with that? The inability to limit, block or take away the account in which your money is stored makes you free and independent. And that is definitely not the goal of the world order in its modern form.

[Quidat]

First of all, Bitcoin is not a currency to be precise. Moreover people use Bitcoins as an asset and use it to make profits. You can take Bitcoins as gold, like in earlier days people used to trade things, like they give their golds, to get rations etc, similar thing happening with Bitcoins also. But this doesn’t make Bitcoins as currency. Moreover there are fixed amount of Bitcoins already broadcasted in the network, so this mean if people’s demand increases to acquire more Bitcoins, then the price will keep on increasing. So Bitcoins never settle at any fixed price.

But they used gold because its price was stable. Yes, it was growing over time, but it wasn't dropping like 5% in one day. So I don't think bitcoin is like a modern gold, the fluctuations are too severe.

And I don't think that Satoshi thought of bitcoin as a new asset to invest in. The idea is that you can't print bitcoin so it won't lose its value completely, but it doesn't save it from fluctuations.

Comparing the use of gold to bitcoin is incorrect because by the time people used gold as a method of exchange, fiat had not been created, and that is why gold did not become volatile. And you are also correct that Satoshi created bitcoin to be a currency, a P2P payment method, he did not intend to make bitcoin a speculative and volatile investment like we are seeing. But until now, for bitcoin to become stable and used as a currency has been almost impossible, as people are in demand for bitcoin as an investment rather than a currency.

Today, it doesn't matter what Bitcoin is called, the important thing is that it has been and is bringing many benefits to us, it was a great success. Moreover, you can also use it as a currency if you want, also a lot of people are using it as a currency despite its volatility.

People should at least make use of their common sense in differentiating this 3.

1. Bitcoin - Digital currency
2. Fiat - traditional/physical
3. Gold- precious mineral

Even just really trying to look at on their behavior and characteristics then we could be able to point out which one is really that something relevant for you to make use and do make out some investment. Speaking about stable currency then we know that it cant just be possible with Bitcoin. Why? the movement of its price is way too volatile, there's no way for it to be stable or
steady and its one of the reasons on why it cant really be able to fit out on that criteria which is really that understandable.This is why if you do have that kind of hope
then better stop and cut it off because it cant really be just that possible or cant really happen at all.

[Texac]

The problem is, in order for Bitcoin to become a currency everyone will use, it should be stable. I know that you might say that people will still use it because it's not about stability, it's about freedom and technology. I agree with that, but Bitcoin needs to be stable in order for people to treat it like money, and not like an asset.

I am not sure that the main reason why bitcoin is not yet used as a currency for everyone is its instability. Fiat currencies are not stable either, otherwise we didn't`t have such phenomenons as inflation, deflation or devaluation. I have a lot of doubts if it is even possible to create a stable currency, not speaking about its usefulness and effectiveness.

I believe, that bitcoin has bigger problems to become a currency everyone will use due to lack of necessary (yet) identification, which cannot be avoided when working with fiat money. Which country or government will be satisfied with that? The inability to limit, block or take away the account in which your money is stored makes you free and independent. And that is definitely not the goal of the world order in its modern form.

some fiat is unstable because its value depends on the economy of that country but it is also not as volatile as bitcoin, which can lose 50% or 80% in just a few months.  Bitcoin's volatility is not the main reason it can't be a currency, but it is also part of why no one wants to use such a highly volatile currency.  when you bought bitcoin for 50k, it is now trading at 26k. Do you dare to spend your bitcoin like fiat?  surely you won't either. 
Bitcoin can become a currency or not is decided by the government, and bitcoin is decentralized so even if it is stable, I don't think it will become a currency.  no government can accept a currency that is not controlled by them.

[rhodelmabanal]

I cant imagine bitcoin to become stable, maybe investors will not buy and holds bitcoin as an investment if this would become stable, for me there is no way for btc to become stable because it is decentralized and i never seen btc become stable from the past so it will never ever become stable.

[nullama]

I cant imagine bitcoin to become stable, maybe investors will not buy and holds bitcoin as an investment if this would become stable, for me there is no way for btc to become stable because it is decentralized and i never seen btc become stable from the past so it will never ever become stable.

There will always be some level of change in the price since it is open for trade 24/7 in the entire world, so every single person in the planet has the potential to change the price, all the time.

But, over time, these changes will be less and less since there will be more capital invested in it.

Even today it is relatively small, less than some public companies.

[iphone5s]

I cant imagine bitcoin to become stable, maybe investors will not buy and holds bitcoin as an investment if this would become stable, for me there is no way for btc to become stable because it is decentralized and i never seen btc become stable from the past so it will never ever become stable.

There will always be some level of change in the price since it is open for trade 24/7 in the entire world, so every single person in the planet has the potential to change the price, all the time.

But, over time, these changes will be less and less since there will be more capital invested in it.

Even today it is relatively small, less than some public companies.

This will continue to move and will never be stable with the passage of time. no one can suppress or give a stable price to Bitcoin and it appears that Bitcoin is a virtual currency that anyone can make new graphs appear with what they invest. The best way right now is to invest with your finances and keep looking at new charts to have big profits

[Smack That Ace]

Although no one can say for sure whether Bitcoin will be stable, I think it is more likely that Bitcoin will not be stable as all digital currency markets depend on this one currency. If this currency is stable then other currencies in the market (like USDT or UDC) will become stable then no one will have any interest in this market or the market may lose its rhythm. Because if a currency is stable, then no investor will invest in that currency, so considering these things, I think maybe Bitcoin will continue the way it is going.

I'm almost 100% sure BTC will never be stable. I mean, it won't be a Bitcoin anymore if it becomes fully stable. I don't see BTC as the currency, at least the main one.

Bitcoin volatility will gradually decrease over time, but it will never stabilize, that's for sure, even the currencies of many countries fluctuate because of economic instability, so it is impossible to expect bitcoin to be stable.

Honestly, I also never expected bitcoin to be stable, I don't think I would continue to use bitcoin more if it were stable. I'm not going to lie, and I think all of us invest in bitcoin for profit and not for technology, so no one expects stability to happen with bitcoin. If it is really stable in the future, I believe many people will leave it.

[JayTrain]

It's important to remember that the use case for Bitcoin may not necessarily be as a stable currency for everyday transactions. Its value proposition lies in its decentralization, security, and ability to operate outside of traditional financial systems. While stability is important for a currency, it's not necessarily the only factor in determining its success or adoption.

[lizarder]

The problem is, in order for Bitcoin to become a currency everyone will use, it should be stable. I know that you might say that people will still use it because it's not about stability, it's about freedom and technology. I agree with that, but Bitcoin needs to be stable in order for people to treat it like money, and not like an asset.

You fail to understand bitcoin as a speculative asset and bitcoin will never be stable forever. To see the future of bitcoin is not difficult, when this asset is still speculative then its journey will still be one of the best choices. There are separate regulations for countries that want to make bitcoin a currency and I think that will be difficult to happen.

I know that people say that when Bitcoin will be adopted, it should become stable because there is a limited amount of it, but I don't see how it's gonna happen. From what I see people treat bitcoin as an asset to invest and hold and I can't imagine that will change in the future.

Why should it be stable? In economic relations, something that is limited usually has a value that cannot be regulated, because the role of demand and supply will continue to influence its journey, so it is impossible for bitcoin to be regulated regarding its stability.

Why do you guys think Bitcoin will really become the "money of the future" and people will actually use it like one?
From what I see, I think it's possible that people in the future will still trade bitcoin or try to buy as much of it as possible to manipulate the market.

I have never cared about whether bitcoin will become currency in the future or not, what I want to do is collect as much bitcoin as possible, this is in line with the thoughts of our people before such as collecting as much gold as possible, even though the two differ both in terms of price, speculative and profit returns. I chose bitcoin as an asset capable of maintaining value and never thought of making it a global or local currency.

[teosanru]

I was thinking about Bitcoin as a currency a lot lately and I have some doubts about how currently we see its future.

The problem is, in order for Bitcoin to become a currency everyone will use, it should be stable. I know that you might say that people will still use it because it's not about stability, it's about freedom and technology. I agree with that, but Bitcoin needs to be stable in order for people to treat it like money, and not like an asset.

Just look at what people are saying right now, experts say that people shouldn't hold USD because inflation is just 5% a year, but imagine if you have bitcoin that can go down like 5% a day because some whales sold it. It will be problematic for people to use it on a daily basis because of that.

I know that people say that when Bitcoin will be adopted, it should become stable because there is a limited amount of it, but I don't see how it's gonna happen. From what I see people treat bitcoin as an asset to invest and hold and I can't imagine that will change in the future.

Why do you guys think Bitcoin will really become the "money of the future" and people will actually use it like one?
From what I see, I think it's possible that people in the future will still trade bitcoin or try to buy as much of it as possible to manipulate the market.

It will never be stable, infact if you see no currency or no security in the world can be stable unless it's manually done so. All types of fiat are variable. The move against each other and also their purchasing power falls and rises as well. Same is going to happen with Bitcoin as well, it's also going to always move up and down it's only the %age of deviation that we can try to stop. Because if it's slightly more stable it'll make it easier to be used as mainstream currency.

[nimogsm]

I cant imagine bitcoin to become stable, maybe investors will not buy and holds bitcoin as an investment if this would become stable, for me there is no way for btc to become stable because it is decentralized and i never seen btc become stable from the past so it will never ever become stable.

You are right, it makes no sense then it will not be attractive to traders and investors. I personally would not want it to be stable so it will not be interesting, but at least there is an interest to check the exchange rate every morning and calculate whether there is a profit or not) For stability, they have already come up with other coins and tokens, which would be very difficult to use today.

[Dr.Bitcoin_Strange]

it was never created to be stable and that's one of it's uniqueness. The price is controlled by supply and demand.

You are correct; Bitcoin was never created to be a stable coin; it was designed to be a store of value, and as a store of value, its price is impacted by supply and demand. It's just like the law of supply and demand in economics, which states that "when supply is greater than demand, the price will drop, but when demand is greater than supply, the price will hike." Bitcoin has a limited supply compared to its demand by investors, but the only thing here is that the price of Bitcoin is not only affected by demand; there are also some other factors that contribute to price volatility, such as good and bad news, war, pandemic. Whoever thinks that Bitcoin can become a stable coin is wrong because it's a store of value and, as time goes on, there will always be changes in price as a result of some factors. It's just like a plot of land: when you buy a plot of land for like $20,000 in my country here, come back in the next four or five years and you might sell that plot for like $30k or more depending on the level of development that is going on in that area.

[nullama]

It's important to remember that the use case for Bitcoin may not necessarily be as a stable currency for everyday transactions. Its value proposition lies in its decentralization, security, and ability to operate outside of traditional financial systems. While stability is important for a currency, it's not necessarily the only factor in determining its success or adoption.

It's simply money, a way to pay goods and services.

It's value will change over time, but so does other currencies.

The thing is that over long periods of time it should continue to increase it's value given its scarcity.

[n0ne]

It's important to remember that the use case for Bitcoin may not necessarily be as a stable currency for everyday transactions. Its value proposition lies in its decentralization, security, and ability to operate outside of traditional financial systems. While stability is important for a currency, it's not necessarily the only factor in determining its success or adoption.

It's simply money, a way to pay goods and services.

It's value will change over time, but so does other currencies.

The thing is that over long periods of time it should continue to increase it's value given its scarcity.

It emerged as an alternate to the traditional fiat to fulfill the missing features of the monetary system.

The prime purpose is to be used as a transaction source that omits the middleman.

The best thing with cryptocurrency from that of the fiat is the volatility.
Most of the people prefer cryptocurrency for its varying market.
For now we can't see it to be stable as most users said.