When Bitcoin will become stable currency?

[Bazzu]

I don't think BTC is likely to stabilize. Because the Bitcoin market is volatile due to various currency cycles and the market of this coin always fluctuates. If its market was stable like other stablecoins then people's interest in this currency would have decreased then people used Bitcoin as a stable currency but nowadays people use this coin mostly for investment. Since people are constantly investing in Bitcoin and other markets are directly dependent on this market, it can be said that the Bitcoin market will never be stable.

I agree with your opinion,
indeed not a few people ask when bitcoin will be stable,,
but in my opinion, many people are interested in investing in btc because they see that the price of btc is unstable...
because I personally, if the price of btc is stable, I will definitely not invest in btc, because my interest is investing in btc because I see the price of btc fluctuates.

[Inwestour]

Bitcoin will never become a stable currency. If Bitcoin becomes a stable currency then the popularity of Bitcoin will gradually decrease. People find this coin most suitable for trading and investing due to the volatility of Bitcoin market prices. I have invested in Bitcoin in anticipation that Bitcoin will become more popular in the future and the market will remain high. But if Bitcoin becomes a stable currency I will never hold Bitcoin as an investment. So everyone will be in the same situation as me if Bitcoin becomes a stable currency. So none of you imagine that Bitcoin will become a stable currency.

Bitcoin may become significantly less volatile in the future when its price rises well. This does not mean that its price will no longer rise, it will continue to rise, but this will happen without big fluctuations, there will not be a strong increase and a strong fall.

If, at the same time, bitcoin is not interesting for investors for speculation, then it may become interesting as a means of payment, and I will be very happy about this. But I think that many investors will still buy bitcoin because it will be a stable asset that will grow and save money from inflation.

[crypticj]

Bitcoin may become significantly less volatile in the future when its price rises well. This does not mean that its price will no longer rise, it will continue to rise, but this will happen without big fluctuations, there will not be a strong increase and a strong fall.
If, at the same time, bitcoin is not interesting for investors for speculation, then it may become interesting as a means of payment, and I will be very happy about this. But I think that many investors will still buy bitcoin because it will be a stable asset that will grow and save money from inflation.

But why will it become stable in the future? People won't just stop trading it. More people will invest in it, more people will short it etc. And I don't see that this trend will change any time soon. That's why I don't see bitcoin as a payment method in the future.

[speeder]

Investors in Bitcoin never expect Bitcoin to be stable. It is unfounded to imagine that Bitcoin will ever become a stable currency. It is only natural that investments in Bitcoin will stop when Bitcoin becomes a stable currency. I think predicting that Bitcoin will be a stable currency is completely foolish. It is normal for the Bitcoin market to fluctuate. Due to the volatility in the market, investors claim that investing in Bitcoin is the right thing to do. Bitcoin is currently very popular and will spread its influence further in the future. So I never think Bitcoin will become a stable currency.

[terencio]

I understand your concerns about the volatility and stability of Bitcoin as a currency. However, I think that Bitcoin has some advantages over fiat currencies, such as decentralization, transparency, and scarcity. I believe that Bitcoin will become more stable and widely used as more people adopt it and trust it as a store of value and a medium of exchange.

[mirakal]

When Bitcoin will become stable currency?

Bitcoin will never become a stable currency. If Bitcoin becomes a stable currency then the popularity of Bitcoin will gradually decrease. People find this coin most suitable for trading and investing due to the volatility of Bitcoin market prices. I have invested in Bitcoin in anticipation that Bitcoin will become more popular in the future and the market will remain high. But if Bitcoin becomes a stable currency I will never hold Bitcoin as an investment. So everyone will be in the same situation as me if Bitcoin becomes a stable currency. So none of you imagine that Bitcoin will become a stable currency.

Exactly mate. If ever bitcoin will become a currency that will be used by a lot of people, which I doubt that it will indeed happen somewhere in the future, then I don't seriously think that it will remain as an asset that people are rooting for. Being a stable currency will just lose its popularity of being the most sought asset right now because nobody will buy it if it's volatility will come to an end. Anyway, I pretty much don't think that bitcoin will ever come to that situation.

[MoonOfLife]

I understand your concerns about the volatility and stability of Bitcoin as a currency. However, I think that Bitcoin has some advantages over fiat currencies, such as decentralization, transparency, and scarcity. I believe that Bitcoin will become more stable and widely used as more people adopt it and trust it as a store of value and a medium of exchange.

But what's wrong with people treating it like an asset, an investment? I think bitcoin is a better investment than currency because, as an investment, it can give us value and profit, and if we want, it can also be used as a payment method. But if it stabilizes and becomes a currency, it will no longer be profitable. We can only use it as a currency and not add any other value.

[AmoreJaz]

I understand your concerns about the volatility and stability of Bitcoin as a currency. However, I think that Bitcoin has some advantages over fiat currencies, such as decentralization, transparency, and scarcity. I believe that Bitcoin will become more stable and widely used as more people adopt it and trust it as a store of value and a medium of exchange.

remember that people are attracted in the BTC market owed to its volatility feature, which is quite great when you are looking for high profitability investments. however, how you will make profit here depends on how you will handle this asset, when will you buy and sell your BTC. so stability actually is not the aim of most holders.
for now, we can't determine when will we see such stability of prices. up until now, there are so many factors affecting the BTC price.

[nullama]

~snip~
remember that people are attracted in the BTC market owed to its volatility feature, which is quite great when you are looking for high profitability investments. however, how you will make profit here depends on how you will handle this asset, when will you buy and sell your BTC. so stability actually is not the aim of most holders.
for now, we can't determine when will we see such stability of prices. up until now, there are so many factors affecting the BTC price.

I don't think volatility will be removed too much, it will always be there because the markets are always open 24/7 and all around the world, so there will always be people buying and selling large quantities.

Maybe in the future when there is a lot more fiat transferred into Bitcoin this will be not as noticeable, but who know when that will happen.

[LittleBitFunny]

When Bitcoin will become stable currency?

Bitcoin will never become a stable currency. If Bitcoin becomes a stable currency then the popularity of Bitcoin will gradually decrease. People find this coin most suitable for trading and investing due to the volatility of Bitcoin market prices. I have invested in Bitcoin in anticipation that Bitcoin will become more popular in the future and the market will remain high. But if Bitcoin becomes a stable currency I will never hold Bitcoin as an investment. So everyone will be in the same situation as me if Bitcoin becomes a stable currency. So none of you imagine that Bitcoin will become a stable currency.

I also believe that bitcoin's popularity and interest will drop markedly if it becomes stable. Although there are still some people using bitcoin as a currency, they make up a minimal number, most of them come to bitcoin to make a profit. No need to survey the market, just do a little survey right here on this forum, I think more than 99% use bitcoin as an investment rather than a currency because no one doesn't want a lot of money. Honestly, if bitcoin is stable I'm not sure if I will continue to hold it or not.

[S A KHAIR]

Why do you expect stability to come to bitcoin? While its volatility is bringing us great benefits. You don't want to make a profit? Honestly, I don't think people will continue to use bitcoin if it's stable, including me, because we're here for profit more than anything. Technology, anonymity, and privacy mean nothing if bitcoin is not profitable. Believe me, many people say they care about technology, but actually, everyone cares about price first.

[nullama]

Why do you expect stability to come to bitcoin? While its volatility is bringing us great benefits. You don't want to make a profit? Honestly, I don't think people will continue to use bitcoin if it's stable, including me, because we're here for profit more than anything. Technology, anonymity, and privacy mean nothing if bitcoin is not profitable. Believe me, many people say they care about technology, but actually, everyone cares about price first.

The thing is that because Bitcoin is scarce, the price will continue to rise, so even with less volatility, you will be able to get more money in the end as the value of your current amount of Bitcoins will increase in the future.

You don't need to buy and sell Bitcoin to get a benefit from it.

[rby]

Why do you expect stability to come to bitcoin? While its volatility is bringing us great benefits. You don't want to make a profit? Honestly, I don't think people will continue to use bitcoin if it's stable, including me, because we're here for profit more than anything. Technology, anonymity, and privacy mean nothing if bitcoin is not profitable. Believe me, many people say they care about technology, but actually, everyone cares about price first.

You are not totally correct!
I understand and agree with you that it is due to the volatility of bitcoin and it's ability to give profits that attract people to it. If bitcoin becomes a stable coin today, many people will despise bitcoin and probably for altcoins. But I have these keys take aways for you;

• It is not everyone who is in bitcoin because of making profits. Some persons have made their money and they want to save it without being disturbed by the government
• Bitcoin volatility is making it not to be suitable for value storage. If bitcoin is stable, many people will adopt it for store of value because it is decentralized
• If bitcoin  stablizes, it will be more of a currency and not investment assets and then many companies will adopt bitcoin thereby fostering its global adoption

So, bitcoin will not disappear into thin air if it becomes  stable because many people now care for its technology, especially early adopters and people who has acquired wealth in different industries.

[axxo]

With the volatility of Bitcoin i don't think it will be a stable currency because of the unusual fluctuation of the market.  Bitcoin's price is influenced by variety of factors including global economic conditions, regulatory changes and investor sentiment. While it is really difficult to predict when or if Bitcoin will become a stable currency. Bitcoin's future i think remains uncertain and there are also significant risk associated with investing it. It remains to be seen whether bitcoin will become a stable coin.

[hsdjkahskjdh]

It will never be stable so long as it is measured in fiat.

[nullama]

It will never be stable so long as it is measured in fiat.

Yeah, I think that's the key here.

Fiat will always continue to be devalued over time, so Bitcoin will always be volatile because of that.

It might become less volatile if it's measured in something else like gold for example.

[goldkingcoiner]

Why would Bitcoin become a stable currency? It will always go up or down in price, depending on how many people want it and how much they want it. In fact, Bitcoin, unlike fiat, is capped at a certain limited amount while being very divisible. This alone will push the price up higher and higher. And even if every person on the planet wanted Bitcoin, they would still not make it a stable currency due to these two facts.

The only thing I think will become more stable are the dumps and pumps. Bitcoin might go up and down in price in the future but this price movement will not be as unpredictable as in the past.

[crypticj]

Yeah, I think that's the key here.

Fiat will always continue to be devalued over time, so Bitcoin will always be volatile because of that.

It might become less volatile if it's measured in something else like gold for example.

Bitcoin is fluctuating NOT because of the inflation of fiat. Fiat is just one of the measures of the bitcoins price, it has nothing to do with the price itself. Bitcoin is dropping only because people are selling it and there is more supply than demand.

[nullama]

~snip~
Bitcoin is fluctuating NOT because of the inflation of fiat. Fiat is just one of the measures of the bitcoins price, it has nothing to do with the price itself. Bitcoin is dropping only because people are selling it and there is more supply than demand.

I have no idea about the current fiat price, but I'm talking about the long term.

In the long term (10+ years) fiat will continue to devalue itself, and that means that with everything else equal you'll end up with a higher fiat price for Bitcoin.

[Hamza2424]

What?

I was expecting something completely opposite to this because if BTC became the stablecoin, how will the crypto traders live their lives because the whole crypto market is dependent on Bitcoin? Yeah, I do remember when a few weeks ago USD was so unstable people were using the phrase in criticizing the context that Bitcoin is more stable than the USD. There were so many memes on it, but I think the market volatility is why people are sticking to me. Stability will greatly impact the overall profit returns on Bitcoin. It will not be wrong if say yes volatility is the beautiful aspect of the Bitcoin market which gives us opportunities to have risks and make good profit returns.

✱ Decreased Adoption
✱ Investor Negative Confidence
✱ Shift to Alternative Investments
✱ Skepticism and FUD