As long as altcoins exist, Bitcoin will remain volatile.

[Megaboss12]

I used to believe that with widespread adoption, bitcoin's price would eventually stabilize ( especially when compared exclusively to fiat currencies). But after considering the role of altcoins, I’ve come to a new understanding - bitcoin may never truly stabilize. Altcoins will continue to influence and drive bitcoin’s price movements. Even in a world of complete bitcoin adoption, the presence of altcoins will sustain its volatility and that volatility is what makes Bitcoin a continually worthy investment. So the wise move remains: buy, hold and only sell in the future....

[Charles-Tim]

Altcoins are not influencing bitcoin price but bitcoin is influencing altcoins prices because as bitcoin increase, altcoins do follow the trend most times. Also if bitcoin price start to fall, altcoins will fall more at the time.

Bitcoin price can not be stable but I understand that is not what you mean, you mean less volatility instead. As bitcoin marketcap is increasing, expect less volatility.

[Dunamisx]

But after considering the role of altcoins, I’ve come to a new understanding - bitcoin may never truly stabilize. Altcoins will continue to influence and drive bitcoin’s price movements.

Wrong, i disagree with you, things don't work like that way you thought, bitcoin has always been volatile right form the onset, altcoins are not what determines the volatility of bitcoin, don't get the wrong concept, if altcoin ceased to exist, bitcoin will still remain volatile, if you could check from the history of bitcoin, most of the market reactions were driven by the market price of bitcoin through its volatility, maybe you have to understand that bitcoin was the first ever cryptocurrency we had, and everything you see in bitcoin today has been in place right from the beginning even before altcoins were introduced.

[asriloni]

Bro doesn't understand if Bitcoin being treated the same as stock. That's why it's volatile as the value of bitcoin also came from the speculation. It's totally non sense when you linked alts as the main factor why Bitcoin is volatile these days.

IDK where do you get that opinion, but that's wrong.

[doomloop]

Bro doesn't understand if Bitcoin being treated the same as stock. That's why it's volatile as the value of bitcoin also came from the speculation. It's totally non sense when you linked alts as the main factor why Bitcoin is volatile these days.

IDK where do you get that opinion, but that's wrong.

Alts are still a crypto like BTC and all of them are the same as stocks in terms of being an asset because crypto also has a currency side. Stock is still much stable than them. Actually I think alts are making BTC more stable because some demand can go in the altcoins. Afterall, each of us can give their own opinion on the forum, so I won't say that he is wrong and you and I right because maybe we are also wrong and he is actually the one that is right? Opinions are just opinions anyway.

It is still not a problem if BTC is volatile but in fact we can also use it to our advantage if we only know how. I don't know if BTC can be permanently stable but at least it can be stable sometimes and that seems enough already as we still have other cryptos to choose from which can offer that feature better.

[passwordnow]

I’ve come to a new understanding - bitcoin may never truly stabilize.

This is right, and if ever we'll come to that point seeing Bitcoin become stabilize it's likely very far away. An asset that's highly volatile will not become stabilized.

the presence of altcoins will sustain its volatility and that volatility is what makes Bitcoin a continually worthy investment. So the wise move remains: buy, hold and only sell in the future....

Well said.
Many still don't understand why its volatility means a lot as an investment. They only look on how volatile it is but they don't see the opportunity that it gives to all of us. If Bitcoin has been stable since a decade or more ago, only a few are going to hold it and it won't grow as big as it is right now and will have no room for growth for the upcoming years to come.

[TastyChillySauce00]

Even the 5 top biggest asset are still volatile, no?

Bitcoin despite the mas adoption will always be volatile, though the volatility may not as big as it is today. Altcoin on the other hand is already being known for a tool of speculation except that they underperform this time around compared to bitcoin.
There's no such thing as stability in this world, markets always change and price always go up and down.

[Megaboss12]

But after considering the role of altcoins, I’ve come to a new understanding - bitcoin may never truly stabilize. Altcoins will continue to influence and drive bitcoin’s price movements.

Wrong, i disagree with you, things don't work like that way you thought, bitcoin has always been volatile right form the onset, altcoins are not what determines the volatility of bitcoin, don't get the wrong concept, if altcoin ceased to exist, bitcoin will still remain volatile, if you could check from the history of bitcoin, most of the market reactions were driven by the market price of bitcoin through its volatility, maybe you have to understand that bitcoin was the first ever cryptocurrency we had, and everything you see in bitcoin today has been in place right from the beginning even before altcoins were introduced.

The problem is, most of you guys are very swift to correct without having to understand what the poster meant. I never said altcoins determine the volatility of bitcoin. I am talking about  future case  SCENARIO (HYPOTHETICALLY) where bitcoin is generally accepted and adopted by all countries and sectors of the world. You will agree with me that if such should happen, bitcoin price will either be stable or at least it's volatility will reduce. In this case based on analysis of similar trends, I have come to understand that bitcoins and altcoins alike will become more valuable, and just as bitcoin will influence the prices of altcoins, altcoins will in turn influence the price of bitcoin and by so doing VOLATILITY WILL NEVER BE OUT OF THE PICTURE AS LONG AS BITCOIN EXISTS.

[Megaboss12]

Bro doesn't understand if Bitcoin being treated the same as stock. That's why it's volatile as the value of bitcoin also came from the speculation. It's totally non sense when you linked alts as the main factor why Bitcoin is volatile these days.

IDK where do you get that opinion, but that's wrong.

I wish you calmed to understand what I meant before calling it nonsense... You don't have a monopoly of right knowledge / opinion bro. The fact that u tagged the insightful knowledge that I shared free of charge as nonsense, doesn't mean it will not happen if bitcoin will ever be generally adopted...

[Dunamisx]

I am talking about  future case  SCENARIO (HYPOTHETICALLY) where bitcoin is generally accepted and adopted by all countries and sectors of the world. You will agree with me that if such should happen, bitcoin price will either be stable or at least it's volatility will reduce.

I understand your view mate, but it's always important when we both have a clearer picture of what each other is trying to bring out on this regard, I can agree with you from the aspect that talks about it the volatility may reduce, but on the contrary, talking or thinking about it it's volatile nature may end is never possible, no matter how far its adoption has become, there are reasons to back this up from what bitcoin is made up.

[hyudien]

Op seems optimistic by turning the fact that in reality everyone knows that bitcoin affects altcoins and it has become a general rule. Altcoin project developers still make bitcoin their main holding and from there when profits are made, they inject liquidity into their projects. This pattern still does not change and no matter how enthusiastic about making altcoins as holdings, bitcoin ownership percentage remains the largest.

[asriloni]

Bro doesn't understand if Bitcoin being treated the same as stock. That's why it's volatile as the value of bitcoin also came from the speculation. It's totally non sense when you linked alts as the main factor why Bitcoin is volatile these days.

IDK where do you get that opinion, but that's wrong.

I wish you calmed to understand what I meant before calling it nonsense... You don't have a monopoly of right knowledge / opinion bro. The fact that u tagged the insightful knowledge that I shared free of charge as nonsense, doesn't mean it will not happen if bitcoin will ever be generally adopted...

Altcoins will continue to influence and drive bitcoin’s price movements.

Sorry, but your statement above is utterly non sense. In fact, Bitcoin drives the movement of alts. When Bitcoin dump, alt dump. When bitcoin up, alt is also up. If your statement said alt acted as arbitrage for bitcoin traders, and not driving bitcoin price. I'd agree with it.

[milewilda]

Bro doesn't understand if Bitcoin being treated the same as stock. That's why it's volatile as the value of bitcoin also came from the speculation. It's totally non sense when you linked alts as the main factor why Bitcoin is volatile these days.

IDK where do you get that opinion, but that's wrong.

I wish you calmed to understand what I meant before calling it nonsense... You don't have a monopoly of right knowledge / opinion bro. The fact that u tagged the insightful knowledge that I shared free of charge as nonsense, doesn't mean it will not happen if bitcoin will ever be generally adopted...

Altcoins will continue to influence and drive bitcoin’s price movements.

Sorry, but your statement above is utterly non sense. In fact, Bitcoin drives the movement of alts. When Bitcoin dump, alt dump. When bitcoin up, alt is also up. If your statement said alt acted as arbitrage for bitcoin traders, and not driving bitcoin price. I'd agree with it.

These kind of comments or sentiments do shows that a certain individual doesnt have the idea on what they've been saying or even just simply saying about having no idea on how that simple economic class subject works about supply and demand. Okay, lets say that Bitcoin had solely been that existing into this market but it doesnt mean that its movement will be sitting idle, and as long there's that selling and buying involved then the price will be that having that volatility on which means that the price will be that going up and down and thats normal. If you dont want to deal up with volatility or moving price then you shouldnt be dealing up with any markets. Lets say dealing up with forex or stocks but still you would be able to face up those market volatility. The main difference on here in crypto that the movement is much more that higher when it comes to % movement in compared into those traditional markets but still its volatile. Now that Bitcoin did made out such noise then other developers have decided to create something new to get some marketshare on crypto space and we do know that it is totally independent if we do speak about volume generation because it is consist with those investors and active traders who do keep on buying and selling it.

[MusaPk]

Op seems optimistic by turning the fact that in reality everyone knows that bitcoin affects altcoins and it has become a general rule. Altcoin project developers still make bitcoin their main holding and from there when profits are made, they inject liquidity into their projects. This pattern still does not change and no matter how enthusiastic about making altcoins as holdings, bitcoin ownership percentage remains the largest.

It's a rule of thumb that Bitcoin drives the crypto market not the other way round. If you look at crypto market then apart from top 100 alts listed cmc rest of alts are almost shit coins. It's important for everyone to understand how crypto market works before getting involved into it. Who drives the crypto market also helps us in understanding where to invest our money. If one think that alts drive the crypto market then he may end up investing his money at wrong place.     

[Balmain]

I used to believe that with widespread adoption, bitcoin's price would eventually stabilize ( especially when compared exclusively to fiat currencies). But after considering the role of altcoins, I’ve come to a new understanding - bitcoin may never truly stabilize. Altcoins will continue to influence and drive bitcoin’s price movements. Even in a world of complete bitcoin adoption, the presence of altcoins will sustain its volatility and that volatility is what makes Bitcoin a continually worthy investment. So the wise move remains: buy, hold and only sell in the future....

Bitcoin dominance is shaped by factors such as institutional investment and the ability of altcoins to move independently. There are a lot of variables. I think that due to Bitcoin's high trading volume and market size, the price movements of altcoins tend to overshadow or undermine Bitcoin rather than drive it. I think the power of altcoins to influence Bitcoin's price is overrated. So buy Bitcoin and buy in the future is the only step that can be taken.

[illanz]

Altcoins are similar to Bitcoin in being crypto assets, but stocks are generally more stable. Altcoins can actually help stabilize Bitcoin by absorbing some demand.