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Author Topic: How high a of a market cap would bitcoin need to have to be 'stable'?  (Read 6267 times)
botany
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August 09, 2014, 03:05:31 PM
 #81

The velocity of money, rather than market cap, would determine price stability.  Smiley
InwardContour
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August 09, 2014, 03:07:37 PM
 #82

It's really hard to predict but when the market cap will be as high as the Apple one,
then the times should be mature enough to have a stable price.
botany
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August 09, 2014, 03:37:23 PM
 #83

It's really hard to predict but when the market cap will be as high as the Apple one,
then the times should be mature enough to have a stable price.

We shouldn't really be comparing the value of a currency to the market capitalization of a company.
DannyElfman
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August 09, 2014, 07:38:13 PM
 #84

The deeper the order books, the more stable a currency will be.

This spot for rent.
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August 09, 2014, 10:23:35 PM
 #85

The deeper the order books, the more stable a currency will be.
I agree, it is more how liquid the market is, instead of how high of the total value BTC has.
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August 09, 2014, 10:30:09 PM
 #86

The deeper the order books, the more stable a currency will be.

Well that is also true guess it would depend how much money is around a price range to make it move up or downward that would make a currency or Bitcoin stable, but by market cap is the question ^_^.

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DannyElfman
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August 09, 2014, 10:31:32 PM
 #87

The deeper the order books, the more stable a currency will be.

Well that is also true guess it would depend how much money is around a price range to make it move up or downward that would make a currency or Bitcoin stable, but by market cap is the question ^_^.

True, but market cap can a coin make more instable!

Think about a highly valued coin with very thin market books. If someone wants to cashout a chunk, the market will tank.

The same cap with highly liquid markets would eat up that sell in seconds!

This spot for rent.
Mobius
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August 09, 2014, 10:43:36 PM
 #88

It's really hard to predict but when the market cap will be as high as the Apple one,
then the times should be mature enough to have a stable price.

We shouldn't really be comparing the value of a currency to the market capitalization of a company.
I agree. The market cap of a company is a reflection of what the market thinks it will make in the future (future earnings) while the market cap of a currency is the reflection of the potential value and adoption of the currency.
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