Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: yousufatik20 on November 11, 2018, 10:00:41 AM
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
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When bitcoin is volatile, the only people who want to hold it are investors and traders and everyone else wants to dump it like a hot potato. When bitcoin is stable, it is more attractive to use as a savings account, unit of account, or for a merchant to actually accept it, rather than immediately dumping for cash. Stability increases hoarding and business use. Ironically this will then eventually make the value go up, removing the stability and starting the cycle all over again - until bitcoin does enough jagged lines to reach its final price discovery.
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Of course just not in crypto market but even in stocks stability is very very important to an asset. But the question is can bitcoin achieved stability? I don't think so. Because we all know that it is a speculative asset. So as much as we wanted it to be that secure and stable, we have to accept the fact that it won't. Its very volatile, wild swings and can even go up and down in matter of minutes and we will not have a slight idea as to what happened. Maybe this is the reason why governments doesn't like it, but as crypto enthusiast its one of its nature that we really like. Daily traders likes to take advantage of it, but long term holders doesn't care about it, but rather would like to see the price go up in the future.
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Bitcoin stability is very important if you want to see bitcoin being used for its intended purposes which is for bitcoin to be used as a currency. Without stable prices bitcoin would never come to be the common currency used in everyday prices because if it doesn't stabilize then that would mean prices of things keep changing and that is not a viable option, but stability would kill bitcoin as an asset though.
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Because in order to be economically strong, it is necessary to remain stable to protect its price policy to protect its investors and to find its true value even though it is lost from time to time. Altogether, Bitcoin is not concerned with the monetary policy but the high amount of Bitcoin in the hands of big whales will protect this stabilization.
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Bitcoin is still just a baby in the people so stability is for the security and financial revolution through its ability to be adopted by all countries and all the people to be at balance living.
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However, we can fall back to an easier question, “What is necessary for cryptocurrencies to begin to achieve mainstream adoption?” Answering this new question is a more tractable problem because it ignores those conditions that may be sufficient for adoption and requires we identify only those that are necessary.
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Bitcoin stability is important most especially for the health of other alternate coins too. Because if bitcoin will always drop, the effect of it will be a disastrous since it will affect most of the alt coins to fall down too.
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I think that Bitcoin stability is very important to attract new investors. People need to be sure in their investments. High volatility is definitely not the best feature to assure people in the right choice of investment. Stability can help you to avoid big losses but it also can't give you a big profit.
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
I think the high volatile of bitcoin is good thing. We can get profit from it, by do trading. I have done it.
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Bitcoin is a decentralized virtual currency whose major feature is volatility.
So not expected to be stable as that would only destroy it's creation purpose.
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Why do you want to see Bitcoin with a stable price? I think volatility in Bitcoin is much better, it makes a bigger chance to gain profits. While stability in price can lead to fewer people joining in investment. Stable price means the price will be hard to move, where to rise up and down.
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Bitcoin stabilizer so others altcoins will also stable too, a market where coin stable enough can develop further more
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~snip~ I think volatility in Bitcoin is much better, it makes a bigger chance to gain profits. ~snip~
You are right, volatility is not always to become a bad side. Volatility also means to let us have a chance to gain big profits through the price gaps. And we must remember that volatility is always there if Bitcoin is still decentralized. It is unavoidable, no one can control the price to stable.
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Bitcoin stability is very important for the legalization of cryptocurrency states. The high price volatility of cryptocurrency is a big problem in the way of its legalization. Also, high price volatility of cryptocurrency significantly hinders its implementation and use by business structures. At the same time, high volatility has a positive effect on cryptocurrency trading and market activity.
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If the price of bitcoin is stable, it might get permission from many countries to be used as alternative payments that have regulations. Because the price changes are not too striking. At present the movement of bitcoin is very volatile so it has a big risk if it is used as a means of payment. Except for investment assets that are indeed seeking profits from fluctuating price movements.
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Bitcoin a good important to learn about bounty or other post to any topic and a new knowledge increase about bitcoin and interesting
Learn about level up in rank and earn about join in bounty campaign.
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no one's knows when the price of bitcoin going up or down indeed we experience fluctuations in past,so stability important in field of marketing. bitcoin stability has negative effect of it's refutation and to investors while stable movement of bitcoin atract many investors. we are seeking profit to become but no one's control to become stable but we are all aiming someday fulfill our dreams
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Bitcoin in order to be a strong digital currency, it is necessary to remain stable to protect its price policy to protect its investors and to find its true value even though it is lost from time to time.
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
It is rather unfortunate OP can only see the negative side of Bitcoin instability. But it is within that Bitcoin instability that Bitcoin could rise from $8K to $20K in 2017 - the bull run. This is where investors make their money. Bitcoin stability will be very difficult to come by without regulations because the market is decentralized, hence the price and market trend is determined by traders.
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The stability of a boikoin primarily has a general effect on the remaining altcoins, thereby increasing interest in the cryptocurrency of the population.
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Why do you want to see Bitcoin with a stable price? I think volatility in Bitcoin is much better, it makes a bigger chance to gain profits. While stability in price can lead to fewer people joining in investment. Stable price means the price will be hard to move, where to rise up and down.
I agree with you, bro. If Bitcoin becomes stable in its price, it will be bad for the future of Bitcoin. It is not really worth for investment anymore, except for global currency. If it wants to be a global currency, it is needed to be stable. While for investment, it is better to not stable, volatile or unstable is better.
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Many people ask that Bitcoin stability must be clear. It may be caused by the influence of the bitcoin to other altcoins. Well, that is true. but, personally, I prefer that the value of BTC is keeping stable and increasing for better value again.
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There is no stability in Bitcoin because I don't think that will ever happen.
Although Bitcoin is owned by 1 company, but I'm sure the company won't be able to make the price of Bitcoin stable.
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Until Bitcoin runs out at the mine it will never be stable.
Bitcoin is decentralized and indeed I'm sure it will never be stable until Bitcoin runs out in the mine. I'm sure of that!
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I think stability of bitcoin is more important for cryptocurrencies. Because the whole crypto world depends on bitcoin. When the price of bitcoin ups and down then most of altcoins prices are ups and down. So bitcoin stability is an important for all crypto investors.
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it's true that stability is very important, but I think bitcoin will always have the potential for better price increases in the future.
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I think the stability of bitcoin is very important, because bitcoin aims to be a substitute for the currency, and stability is very necessary to carry out transactions so as not to experience a lot of losses if the price drops.
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
Yea, if you follow some statements from some crypto experts, you may agree that lower Bitcoin volatility is extremely healthy for long-term growth. Like what one expert emphasized, he said "to the majority of institutional investors and accredited retail traders, the attractive characteristic of Bitcoin is its ability to hold value in a decentralized financial network that is not dependent on the global economy"
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Of course, because the position of Bitcoin is very influential on most other altcoins. If bitcoin has decreased or increased, the other altcoins also follow it.
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Probably said by many, but Bitcoin's drop will lead to decrease of many altcoins. People will start lose interest in small coins and at this point the adoption will be never reached.
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it's true of what you say, that with the increase in bitcoin it will make the altcoin price also increase, and that is a very effective way, and it will be very beneficial for investors to get huge profits when prices start to rise.
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Bitcoin stability is very necessary. if we want the cryptocurrency to further develop well and be quickly legalized by most states. The volatility of decentralized cryptocurrency is the main obstacle to the legalization of cryptocurrency by the states. In addition, business structures also do not really want to use a cryptocurrency, which changes its price every few minutes and its price rise or fall by 20–30 percent per day is considered the norm.
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In my opinion, volatility in the Bettkin is good because it gives you opportunities to increase your profits and that the stable price means that the price will be difficult to move
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It is probably because of its influences on the prices of altcoins.
However, I don't need this coin to be stable, the regulation now in ETF has been clear that there should be the bottom price of BTC. But it is still volatile in order to make it as great coin for trading and investing.
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It is not important for Bitcoin to make it stable.
I don't think it's Bitcoin if the price of Bitcoin is stable, if it means centralized, if it's centralized it means it's not Bitcoin.
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it's true that the stability of bitcoin prices is very important, and it will keep buying altcoins, and we must take care of them.
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The Bitcoin stability would be welcomed by some within the cryptocurrency industry, however, with price volatility often cited as one of the main stumbling blocks preventing bitcoin and other cryptocurrencies from being used as a mainstream form of payment.
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bitcoin is the parent of all altcoins. the position is as a reference for all altcoins. when the price of bitcoin rises, most of the other altcoins also go up in price. and vice versa.
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The stability of bitcoin is important because that will create usability and we will see massive adaptation by the mainstream society. Many people are scared to venture into cryptocurrency because it is highly volatile
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Bitcoin is the main coin that is important as a reference for other coins. The bad condition of the altcoin market is determined by the rise and fall of bitcoin.
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Personally, I never expect the stability in Bitcoin price. It will limit the move on Bitcoin price. Then, with no volatility, I am afraid investors no longer interested in Bitcoin. This situation can lead to the end of Bitcoin. SO, let Bitcoin with its high volatility and instability in price.
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The stability of bitcoin is important because that will create usability and we will see massive adaptation by the mainstream society. Many people are scared to venture into cryptocurrency because it is highly volatile
You are right, stability create usability and mass adoption, but essentially not because this way it will attract more investors.
For sure, stability attracts more investors, but this isn't the main point.
The main point is that stability allows cryptocurrencies to become money.
"A “stable coin” is a cryptocurrency that is pegged to another stable asset, like gold or the U.S. dollar. It’s a currency that is global, but is not tied to a central bank and has low volatility. This allows for practical usage of using cryptocurrency like paying for things every single day.
Coins like Bitcoin and Ethereum and highly volatile. On any given day, it is common to see an increase to 10-20% or even a decrease. That makes using most cryptocurrencies for daily transactions inconvenient. Imagine paying $5 for your flat white (my coffee of choice) today and finding out tomorrow that it should have been $4. Price changes like that are shocking for a consumer."
https://www.forbes.com/sites/shermanlee/2018/03/12/explaining-stable-coins-the-holy-grail-of-crytpocurrency/#222c9e704fc6
I don't see Bitcoin as able to become so stable that it can get used as everyday's money.
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I think the stability of bitcoin is very important for all those who increase profits by using investments in bitcoin trading. Because the price of bitcoin also increases every year.
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yes of course bitcoin stability is also important, because bitcoin is also a good thing and also a profitable way to benefit, so I believe bitcoin stability is also very important
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The Bitcoin stability would be welcomed by some within the cryptocurrency industry, however, with price volatility often cited as one of the main stumbling blocks preventing bitcoin and other cryptocurrencies from being used as a mainstream form of payment.
However, Bitcoin cannot even be relatively stable in its price. It is programmed so that high price volatility is a characteristic feature not only of it, but of the entire decentralized cryptocurrency. At the same time, this is one of the big obstacles why states refuse to use bitcoin in international transactions or in settlements within the country. At the same time, high price volatility is very attractive for traders. Here, quick profit or loss of investment is possible.
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What do you mean? One of the reasons why BTC is interesting to invest and trade is volatility. if it is stable as a stable coin, how can traders utilize it to get profits? I think this is, not a good decision to ensure and promote BTC stability
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What stability, price? I don't think we need to make the price be stable, it is not a stable coin. If Bitcoin price is stable, instead it is not profitable coin for investment again. We must consider it as Bitcoin is mostly used for digital asset right now. So, make the Bitcoin price to be stable, is a bad idea.
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Actually it depends on how we see the volatility of bitcoin, when compared to a few years ago with now the volatility of bitcoin is not too big, and in my opinion this is because bitcoin liquidity increases every year and also because of the emergence of new types of trading such as future trading and others.
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~snip~ I think volatility in Bitcoin is much better, it makes a bigger chance to gain profits. ~snip~
You are right, volatility is not always to become a bad side. Volatility also means to let us have a chance to gain big profits through the price gaps. And we must remember that volatility is always there if Bitcoin is still decentralized. It is unavoidable, no one can control the price to stable.
I agree with your opinion, bro. Volatility is not always to become bad. Many investors have gotten profit from the price gaps.
I see many people is doing trade with bitcoin and they prefer look the volatility of bitcoin.
I have Invested bitcoin for short term, not trading, because I don't have free time and knowledge about this coin for trading.
I have bought when bitcoin is low and hold for several time, wiat the higher price then sell.
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Bitcoin stability is very necessary. if we want the cryptocurrency to further develop well and be quickly legalized by most states. The volatility of decentralized cryptocurrency is the main obstacle to the legalization of cryptocurrency by the states. In addition, business structures also do not really want to use a cryptocurrency, which changes its price every few minutes and its price rise or fall by 20–30 percent per day is considered the norm.
Stability may be from two points of view. There are many coins in cryptomarkets which are stable and those are know as stable coins like USDT, BUSDT, USDC etc. In this point, Bitcoin is not stable because by nature it is not considered as stable coin.
Other stability means, staying price at a range like $10k-$12k but not huge flactuations like went down to $5k price which was in the first time of Covid spread. I support this because this stability is the breath of the development of cryptocurrency.
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How can we get a lot of profit if bitcoin price is stable, We know a lot of investors bitcoin makes buying when bitcoin price goes down and selling it when the price goes up. I think if bitcoin is stable it will not interesting.
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What do you mean? One of the reasons why BTC is interesting to invest and trade is volatility. if it is stable as a stable coin, how can traders utilize it to get profits? I think this is, not a good decision to ensure and promote BTC stability
The main thing in bitcoin for traders is its volatility. But for the economy and the use of BTC as a means of payment in all areas, it would be better for the price of bitcoin to be stable.
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I don't think that Bitcoin needs stability. If the price of BTC is stable, it will be like USDT. The price of BTC will never go up again. el, it may also not the kind of happy people who give it on. So, what to expect to the member aand try always different chance to get profits from bounty
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Who said it is important for the stability in Bitcoin price? I think it is wrong, we don't need the stability in Bitcoin price. The nature of Bitcoin's price is volatile and unstable, it is no problem for us. Instead, it creates a chance to get bigger profits if we invest in Bitcoin. So why need to make it stable in the price?
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Are you kidding me? Bitcoin should be stable? If Bitcoin's price is stable, it will be sideways. More people will not like BTC for trading. They will only use the BTC as a transaction, but t is also very kind of you to still compete in trading Bitcoin
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Are you kidding me? Bitcoin should be stable? If Bitcoin's price is stable, it will be sideways. More people will not like BTC for trading. They will only use the BTC as a transaction, but t is also very kind of you to still compete in trading Bitcoin
Good idea, i agree with you. I have replied earlier that Bitcoin price can't be stable because by nature its not stable. If Bitcoin becomes stable, maximum traders will not prefer Bitcoin to trade. They will move to other coins, then Bitcoin will lose its rank and marketcap.
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The price of bitcoin can never be stable because the influence of a very limited supply will have a very strong effect on price movements and of course bitcoin will always have price movements and will never be able to stand still.
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The price of bitcoin can never be stable because the influence of a very limited supply will have a very strong effect on price movements and of course bitcoin will always have price movements and will never be able to stand still.
It is true, that the number of transactions that occur against bitcoin indicates that bitcoin is in high demand and is made the most active trade so that prices clearly change quickly because of this movement.
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Isn't that the strength of Bitcoin? because with these price fluctuations Crypto traders and investors can get big profits. What if the Bitcoin price is stable, then Bitcoin traders will be bored and will look for other alternative coins to get faster and bigger profits.
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I agree with the conception. It is very much important or useful for others coin because if bitcoin price dump then al altcoin will also dump there is a relation with btc and altcoins. Bitcoin stability is also important to attract new investors. People need to be sure in their investments. High volatility is definitely not the best feature to assure people in the right choice of investment. Stability can help you to avoid big losses but it also can't give you a big profit.
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I agree with the conception. It is very much important or useful for others coin because if bitcoin price dump then al altcoin will also dump there is a relation with btc and altcoins.
Yes, it is true. Stability of bitcoin is important, because the bitcoin price has affected the value of other coin . But we know, the bitcoin price is volatile. The investors have gotten profit from price gap. So, I think Crypto currency price is unstable and maybe more stable when all countries have accepted the bitcoin and altcoins. Any negative issue against bitcoin, It also affect the value of bitcoin..
maybe at the next several years, we will see bitcoin more stable.
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The stability of Bitcoin is important because the cryptocurrency market depends on Bitcoin and the demand for other currencies increases. Due to the rise and fall of Bitcoin, many popular currencies and rising prices can make double profits.
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Yes, Bitcoin has stability. Because Bitcoin itself controls its Bitcoin market and no one knows where it is made from. However, they are mining in different ways. I think Bitcoin's rank is above all coin and Bitcoin is a currency popular all over the world. Bitcoin demand is huge. So I think there is stability. Bitcoin is used for lots of transactions. It happens in every country, but some have not been officially approved. But in the future, I believe that every country will have official approval and Bitcoin will be used in every sector. That may be the mainstream of the economy.
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The stability of Bitcoin is important because the cryptocurrency market depends on Bitcoin and the demand for other currencies increases. Due to the rise and fall of Bitcoin, many popular currencies and rising prices can make double profits.
totally agree because we know that almost all altcoins are affected by the existence and capacity of bitcoin. all ultimately depends on bitcoin and it could not be avoided until recently. so the role of bitcoin is of course very clear in determining all other altcoin activities.
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I think bitcoin has stability and existence. Those who have gone astray will surely find something good. They know this very well. They have chosen to invest in cryptocurrency. But there are many hunters like me who do not have the ability to invest. Now it is not possible to earn that much. However, those who constantly buy different types of coins and use Bitcoin, they have always come up with some good ways. They get some payment from the market. But I have talked to many people about this, they have said the same thing. Everyone is concentrating on other things. Is trading on different types of exchanges. No one is unaware of that. Being profitable by transacting. Because the more they add, the more they sell, the more profit they make.
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Bitcoin price movements should not be stable, because bitcoin has a lot of interactions between buyers and sellers on the exchange so I'm sure bitcoin will not be stable.
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Being the number 1 cryptocurrency and highest dominant asset in the industry, it often dictates the move of the cryptocurrency market generally meaning, most other assets depend greatly on bitcoin for their price movements. This is exactly why every major altcoin bullish season starts with a stability in the prices of bitcoin.
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Being the number 1 cryptocurrency and highest dominant asset in the industry, it often dictates the move of the cryptocurrency market generally meaning, most other assets depend greatly on bitcoin for their price movements. This is exactly why every major altcoin bullish season starts with a stability in the prices of bitcoin.
I think every thing that is done and happens with bitcoin will have an effect on crypto because I agree that bitcoin is ranked first and is the benchmark for everything in crypto and can not avoid this fact.
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
For trading, I think stability bitcoin is important. Because they will get profit from prices gaps. Bitcoin will be accepted at many countries when bitcoin will more stable. But I also see many people prefer volatility of bitcoin. In my opinion, volatility is better for long term investment, But It is more risky.
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
For trading, I think stability bitcoin is important. Because they will get profit from prices gaps. Bitcoin will be accepted at many countries when bitcoin will more stable. But I also see many people prefer volatility of bitcoin. In my opinion, volatility is better for long term investment, But It is more risky.
Bitcoin price movements will never be stable because if you see the movement will always go up and down, so it will provide a very high risk and you have to be careful when you want to buy bitcoin.
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Bitcoin price can never be stable
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
For trader, I think volatility of bitcoin is more profitable. But many investors prefer bitcoin is more stable. Bitcoin can be as world currency when bitcoin is more stable. So, It depends what goal that people want it. I personally prefer bitcoin is more stable.
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What do you say about the bitcoin stability? DO you mean the price of the BTC should be stable?
No, it is not important and it is should not be like that because from its volatility, BTC can make us more profits and it is like what the nature of BTC, volatility, and fluctuation
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This market differs from others in its high price volatility. This enables traders and market participants in general to make a profit using high price swings. On the other hand, it is the high price volatility of the cryptocurrency that is assessed by states as one of the factors of increased risk when using it, and it is this that negatively affects when deciding on the legalization of cryptocurrency.
However, no matter what we say, no one can remove the high price volatility of the market. Otherwise, the very essence of the cryptocurrency needs to be changed.
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A high volatility implies the price can experience a handsome rise. It also means it can come down sharply, and that possibility of doing us harm is what leads us to conflate it with risk and instinctively avoid it. That's the nice thing about BTC.
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Almost all crypto price rise every time bitcoin price rise, they go down when the price of bitcoin drop, that means they won't survive without bitcoin but there are some coins which did not depend on bitcoin.
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Bitcoin stability is important most especially for the health of other alternate coins too. Because if bitcoin will always drop, the effect of it will be a disastrous since it will affect most of the alt coins to fall down too.
I don't see any reason in this for Bitcoin to attain stability, we can as well make Bitcoin one of the Stablecoins if that is what Yall want. The reason why Bitcoin has been this profitable is because of its volatile nature and don't forget that alts have their time as well, so we don't expect the market to all turn to stablecoins that will be bad for cryptocurrencies. If you can't stand the heat, Get out of the Kitchen.
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Almost all crypto price rise every time bitcoin price rise, they go down when the price of bitcoin drop, that means they won't survive without bitcoin but there are some coins which did not depend on bitcoin.
There are no coins that do not depend on bitcoin. And when we see that the price of some alt increases, while the price of BTC decreases, this is short-term in nature and is usually associated with positive news around the coin, which leads to a pump.
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There are no coins that do not depend on bitcoin. And when we see that the price of some alt increases, while the price of BTC decreases, this is short-term in nature and is usually associated with positive news around the coin, which leads to a pump.
Stable coins are not dependent to Bitcoin movement. Whether the market is sticky bloody or in mooning, stables are stable. Safe to convert your assets during bearish and buy more at the lower price.
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
I think bitcoin will more stable while bitcoin is more popular and has been owned by every one at the world.
But It's impossible.
Bitcoin is decentralised , So It will never stable.
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I think bitcoin will more stable while bitcoin is more popular and has been owned by every one at the world.
But It's impossible.
Bitcoin is decentralised , So It will never stable.
The stability of the entire cryptocurrency market depends on the stability of bitcoin. But if bitcoin is stable, the cryptocurrency market will lose its attractiveness for investors and traders.
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Bitcoin needs no stability it's not a centralized currency. It's runned by everyone one the blockchain which makes it an open source. If bitcoin gains stability it will lose it's value. Can we also suggest stabizing gold? Certainly we know it can't happen then why talk of bitcoin stability
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
Well, I think bitcoin will never stable, as many people said.
Bitcoin is decentralised and It will volatile any time.
So, I don't think about bitcoin will stable at the coming future.
Investors have gained profit from the volatility of crypto currency, especially bitcoin.
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Never is a very long time. Personally, I think everything is possible.Can we predict what will happen if the majority of people in the world adopted Bitcoin as a means to pay? I am not sure.
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I don't think it is good and important.
Bitcoin is volatile, and never be stable. If the price doesn't rise or drop too much, it will only sideway. But not stable.
By its volatility, it can be utilized by the traders. That is the art of Bitcoin
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I don't think it is good and important.
Bitcoin is volatile, and never be stable. If the price doesn't rise or drop too much, it will only sideway. But not stable.
By its volatility, it can be utilized by the traders. That is the art of Bitcoin
That's true it's vollatility can be utilized by trader and investors.
I think we all know, bitcoin and altcoins will always volatile.
Will never stable. I like this condition and really enjoyed it.
We can get profit from this character.
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The Crypto market can be stable only for some time as the cryptocurrency is not like the fait and that's the reason that it moves too much up and down.
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That's true it's vollatility can be utilized by trader and investors.
I think we all know, bitcoin and altcoins will always volatile.
Will never stable. I like this condition and really enjoyed it.
We can get profit from this character.
Hahaha I agree with you, I also like this condition, so thrilling. Anyways, where do you usually buy your coins?
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I think the past 24 hours showed how unstable Bitcoin is. Does anyone know what happened? Why did it drop like that? It dropped like a rock!
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I think the past 24 hours showed how unstable Bitcoin is. Does anyone know what happened? Why did it drop like that? It dropped like a rock!
Volatile. One word that I know from very beginning 'til now and tomorrows.
This one may help you to have an idea why the sudden dump happened: Woo said:
“Not entirely sure WTF just happened, but that's the sequence of events. The sell-off was mainly on derivative markets (like most crashes).”
For more info here (https://cointelegraph.com/news/analysts-point-to-overleveraged-traders-after-bitcoin-flash-crashes-to-43k)
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What stability do you mean? If it is about price, it is impossible because Bitcoin is decentralized and the price is determined by the market demands. I am not sure if anyone or any institutions can control the price to be stable, it is impossible I think. It is also risky if we make Bitcoin price to be stable, investors maybe not interested anymore to buy Bitcoin if the price is stable. Then, they will leave Bitcoin investment massively.
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On the other hand, if Bitcoin becomes a widely-used legal financial tender, like in El Salvador, its constant fluctuations would hurt ordinary people. Imagine getting your salary in Bitcoin and the next day it drops and suddenly you had half the money for the month you had yesterday.
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On the other hand, if Bitcoin becomes a widely-used legal financial tender, like in El Salvador, its constant fluctuations would hurt ordinary people. Imagine getting your salary in Bitcoin and the next day it drops and suddenly you had half the money for the month you had yesterday.
You're right, i'd never think about this before. It will never used like that, it will be chaotic at the end of the day.
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I think it is important to consider this when adopting Bitcoin. A society consists of all sorts of people,many of who are very vulnerable, for various reasons - be it their age, health or financial status. I think it's important to shield them from the sudden changes such adoption would cause.
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Bitcoin occupies the dream of blockchain, the hope of many leeks :P :P
What do you think
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Bitcoin is still unstable, to be clear on that. The traders / investors love the volatility ...the tech comes second
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I think that Bitcoin stability is very important to attract new investors. People need to be sure in their investments. High volatility is definitely not the best feature to assure people in the right choice of investment. Stability can help you to avoid big losses but it also can't give you a big profit.
What kind of stability are we talking about? Price stability for cryptocurrency and, in particular, bitcoin? We know that a decentralized cryptocurrency cannot have price stability, since it does not have any regulatory body, and the formation of prices in this market depends entirely on supply and demand. Supply and demand, in turn, depend on many factors, including positive and negative news for the cryptocurrency. As the attitude of states and their governments towards cryptocurrency is ambiguous, cryptocurrency prices will continue to rise and fall sharply. This state of the market as a whole is liked by very many of its participants, since it provides an opportunity for large earnings. In the future, when the cryptocurrency spreads widely around the world, one can hope that the cryptocurrency will not have such high price volatility.
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
I think bitcoin will never stable such as you want to be.
Bitcoin is decentralized, demand and supply are the basic factor of the price.
So, I don't bitcoin will stable.
We can get profit from the volatility of bitcoin..
That's the fact that I know.
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There is no need for Bitcoin to be stable because Bitcoin is really very pure like this with price volatility and I have loved it since I got to know it.
Bitcoin is also very decentralized because the price of Bitcoin is determined by its owners and this proves that Bitcoin does not need to be a stable digital asset.
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Bitcoin is the world best business and it gives us good profit if the stability is stable and then we can make trade on it and we make good profit in it. Crypto is the world best market in the world and so many peoples will make good profit through this market and change our life.
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I think if Bitcoin stays the same, it will be a threat to cryptocurrency. Because we all know cryptocurrency means ups and downs. In other words, cryptocurrency is made up of both cryptocurrency market growth and cryptocurrency market down. In other words, if Bitcoin remains in the same state, then other virtual coins will vanish.
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Bitcoin does not need to be stable because Bitcoin has full support from all those who trade it and when Bitcoin goes up the effect on altcoins can go up and can go down quickly depending on those who are trading it.
That's why Bitcoin doesn't need to be stable because it's been confirmed that if Bitcoin is stable, the marketcap won't be as big as it is now on Coinmarketcap.
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Bitcoin stability is really needed because in my opinion it can avoid inflation and of course it doesn't make a lot of people lose money because the movement is so terrible that it can suddenly rise and suddenly collapse instantly.
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Bitcoin stability is very important if you want to see bitcoin being used for its intended purposes which is for bitcoin to be used as a currency. Without stable prices bitcoin would never come to be the common currency used in everyday prices because if it doesn't stabilize then that would mean prices of things keep changing and that is not a viable option, but stability would kill bitcoin as an asset though
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The stability of Bitcoin is very important to protect the cryptocurrency market. Because if Bitcoin is in a reliable position then other markets of cryptocurrency will continue to be in normal condition। Because we know that all cryptocurrency markets are fairly dependent on Bitcoin. Bitcoin's stability is essential to protect the entire cryptocurrency market.
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The stability of Bitcoin is very important to protect the cryptocurrency market. Because if Bitcoin is in a reliable position then other markets of cryptocurrency will continue to be in normal condition। Because we know that all cryptocurrency markets are fairly dependent on Bitcoin. Bitcoin's stability is essential to protect the entire cryptocurrency market.
I'm not agree bitcoin must stable.
Because decentralised system always volatile.
I think we didn't need about stability, we can get profit from unstable bitcoin price.
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How many times has it been that bitcoin has collapsed from a simple crisis in countries and there was no smell of stability here at all. Of course, it's good when bitcoin does not depend on anyone and is stable all year round.
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Why do you want to see Bitcoin with a stable price? I think volatility in Bitcoin is much better, it makes a bigger chance to gain profits. While stability in price can lead to fewer people joining in investment. Stable price means the price will be hard to move, where to rise up and down.
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The price of Bitcoin is not fixed, its price keeps going up and down all the time. This market place keeps us thinking all the time. Which is something for us to think about. The price of this bitcoin in the market is much higher than all the coins.
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
I don't bitcoin stability is important, because I think bitcoin will never stable because the basic character of bitcoin is volatile.
So don't think about stability in crypto currency.Never...
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Bitcoin stability will be important as a currency but may not be as an investment because it's Volatility is what makes spaces for profits and time for investment.but as currency it's stability cannot be expected to be absolute because even in the world economy most fiat currency are not stable. Variety is the spice of life. All cryptocurrency are volatile and are more profitable for investment.
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
I think I agree with several opinions here. Bitcoin will never stable.
We also didn't need stability bitcoin because we will get profit from it..
The basic strategy to invest are buy when low and sell when high.
We can use the basic character of bitcoin , unstable
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
The stability of bitcoin is needed because of an altcoin to perform. The whole crypto market got so much attention because of bitcoin. If bitcoin became stable investors will lose their interest and there won't be new money coming to crypto. So for the greater good of crypto value of BTC should not be stable for long.
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We know that Bitcoin is a very modern and potential currency in the cryptocurrency world. Because we can see that it's price is very prefer than others crypto.We know that it's price is so much top for cryptocurrency market.We also believe that in the future time it's necessary will accepted to general people's.So we trust that it's stability is very important.
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Decentralized cryptocurrency differs from other markets by its high price volatility. This makes it very attractive for traders and investors. With a correct assessment of the movement of the cryptocurrency market, this allows you to make good profits. Therefore, most market participants do not want stable prices. And so far, no one can change price volatility in the direction of its stability. To do this, it needs to be regulated, and the cryptocurrency functions in such a way that its price regulation is impossible.
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
I don't bitcoin stability is important.
I think many investors prefer volatile of bitcoin.
They will buy when dump and sell when high.
Me too, I also prefer the volatility.of crypto currencyq
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The more stable a currency is, the more people are willing to use it for more than just trading it, the more popular it gets.
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The high price volatility of cryptocurrency is a big problem in the way of its legalization. Also, high price volatility of cryptocurrency significantly hinders its implementation and use by business structures. At the same time,
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Without stable prices bitcoin would never come to be the common currency used in everyday prices because if it doesn't stabilize then that would mean prices of things keep changing and that is not a viable option
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When bitcoin is volatile, the only people who want to hold it are investors and traders and everyone else wants to dump it like a hot potato. When bitcoin is stable, it is more attractive to use as a savings account, unit of account, or for a merchant to actually accept it, rather than immediately dumping for cash. Stability increases hoarding and business use. Ironically this will then eventually make the value go up, removing the stability and starting the cycle all over again - until bitcoin does enough jagged lines to reach its final price discovery.
And that right there is what makes Bitcoin, Bitcoin that makes people that understand want to invest in it. Why would anyone wants Bitcoin to be stable? if you want that, then just invest In stablecoins instead of Bitcoin, without the volatility in Bitcoin investors cannot make the kind of profit they make and merchants that want to accept Bitcoin should know what it nature is and accept stablecoins instead.
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Bitcoin stability is important, I don't think about it.
Because bitcoin is unstable and very volatile.
I think many member here invest in bitcoin because this condition.
Buy and sell at the right time.
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Bitcoin stability is important, I don't think about it.
Because bitcoin is unstable and very volatile.
I think many member here invest in bitcoin because this condition.
Buy and sell at the right time.
We all know bitcoin is unstable, it's good thing for bitcoin because we can gain profit from it.
I agree with you mate.
I think bitcoin stability is not important.
I prefer this volatility
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
I never think about bitcoin stability because we know bitcoin is unstable and always has pump and dump every time.
It's the reason , invest in bitcoin need good emotional and always keep calm
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The stability of bitcoin is more and more important to crypto. Bitcoin is not called the king of crypto just by name. Its price has an effect on the entire crypto market. Behind every cuurency there is a team. But the bitcoin there is no basis. Nevertheless, it is one of the number 1 currencies of crypto on its own basis.
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
I agree with several opinions that said bitcoin will never stable.
I think It's the fact.
Bitcoin will always volatile and we can buy the dip to hold and sell when pump.
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The stability of bitcoin is more and more important to crypto. Bitcoin is not called the king of crypto just by name. Its price has an effect on the entire crypto market. Behind every cuurency there is a team. But the bitcoin there is no basis. Nevertheless, it is one of the number 1 currencies of crypto on its own basis.
Bitcoin and other decentralized cryptocurrencies cannot have price stability, since this market is not regulated by anyone, and the price is formed solely by the relationship between supply and demand. Therefore, it is not worth demanding the impossible from bitcoin. In addition, if bitcoin becomes stable in price, it will lose its attractiveness for investors and its price will then fall sharply.
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As we know many countries are trying to accelerate use bitcoin instead of their currency. For doing this they need to see the stability of bitcoin.
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If bitcoin was a stable cryptocurrency, the price on the market did not fluctuate so much and there were fewer investors who did not enter the market, of course supply and demand do their job in the market.
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If we want bitcointo be payment method, I think bitcoin should be more stable.
Because we know about decentralized system.
But if we want bitcoin for asset, I think bitcoin is suitable, because unstable
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I am new to the form but as far as I know bitcoin price has reached a very low level and hopefully around 2023 its price will go to a very high level
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Bitcoin stability is so much important because in the crypto market the ALT coins will go high when the BTC is stable and this time the BTC is down and also the other coins will down because the main reason is BTC down and this time in the market we need to buy the ALT coins and hold for the one year and we can make good money when the market is down and we buy the coins and hold that.
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You should understand that bitcoin cannot hold the crypto market alone, and for this, altcoins have been created to help it that hold bitcoin.
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Why would anyone wants Bitcoin to be stable?
Because they want Bitcoin to become everyday money.
Because they want Bitcoin to replace fiat currencies.
That was and still is the fundamental idea backing cryptocurrencies.
Bitcoin's volatility prevent it from replacing fiat currencies.
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if bitcoin becomes stable in price, it will lose its attractiveness for investors and its price will then fall sharply.
If bitcoin becomes stable it will become more attractive for ordinary people (and businesses...) who seek an alternative to their fiat currency, and given that there are much more ordinary people (and businesses...) than crypto investors, its price would probably increase
If we want bitcointo be payment method, I think bitcoin should be more stable.
Correct!
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Bitcoin, made publicly available in 2009, began its rise to popularity around 2010 when the price for one token rose from fractions of a dollar to $0.09. Since then, its price has increased by tens of thousands of dollars—sometimes rising or falling thousands of dollars within days.
There are several reasons why Bitcoin has such a volatile price history. Understanding the factors that influence its market price can help you decide whether to invest in it, trade it, or continue watching its developments.
More For yourself Here https://www.investopedia.com/articles/investing/052014/why-bitcoins-value-so-volatile.asp (https://www.investopedia.com/articles/investing/052014/why-bitcoins-value-so-volatile.asp)
What's your opinion about bitcoin stability important?
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I believe Bitcoin's stability is crucial for various reasons, with the most important being its role in establishing trust and legitimacy in the industry. This stability is key for attracting new investors, fostering wider adoption, enhancing long-term value, and supporting sustainable growth.
Without the stability provided by Bitcoin (or a similar coin), confidence among traders would be lacking, and I don’t believe the crypto industry would be as popular as it is today. At least, that's my take on it. Having at least one stable resource is essential. Personally, I recommend a 70-30 split between Bitcoin and Altcoins, depending on market conditions.
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In my view, ensuring Bitcoin's stability means tackling these issues to create a more secure and dependable environment for investors and the overall cryptocurrency market.
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With the growth of online commerce, there is an increasing need for secure payment methods. I, for example, use cryptocurrency and exchange it on exchang.io
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Many people are interested in Bitcoin today because of its volatile nature. Especially traders and investors. They seek opportunity to make profits from every movement Bitcoin make. It's all about buying low and selling high. When this very thing is gone, there will be fewer people attracted to Bitcoin. But that's not a bad thing TBH. It will finally make BTC what it is. BTC was meant to be a P2P transaction system, not an investment asset. But this is also the beauty of Bitcoin. It can be many things.
Investment asset, someone's retirement plan, decentralized payment method, world currency, and whatever you want it to be. It's up to you. As long as the stability is not here, take advantage of it and make a profit. When it gets stable, we will think about it then.
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BTC was meant to be a P2P transaction system, not an investment asset.
I agree.
If they called it cryptocurrency it's because it was supposed to be a currency.
They say a currency is "a system of money in general use in a particular country".
BTC is not in general use.
They say also that a currency is "the fact or quality of being generally accepted or in use".
BTC is generally not accepted as a mean of payment i.e. as a medium of exchange.
That means that until now BTC is a failed (crypto-)currency.
Its volatility prevents it to be a (crypto-)currency.
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I understand that you are worried about making sure bitcoin stays stable and doesn't have any big problems in the cryptocurrency market.Stability is really important for digital currencies to grow and be used by more people. We can make sure stability happens by stopping big changes in how cryptocurrencies work, preventing prices from going up too fast, and making sure they don't change a lot.
When things are uncertain and not stable, it can make people not want to invest in cryptocurrencies like bitcoin. This can stop them from growing.So, it's important to fix these problems and make sure the market is stable and reliable. We can do this by making rules, being open about how things work, and making sure people trust cryptocurrencies.
If we take action to stop risks and make sure things are stable, we can help bitcoin and other cryptocurrencies have a good future.It's really important for everyone involved in the industry, the people who make rules, and the people who use cryptocurrencies to work together to make sure things are stable.
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With the growth of online commerce, there is an increasing need for secure payment methods. I, for example, use cryptocurrency and exchange it on exchang.io
Depends on how beneficial it is to you in the first place. If it's more convenient for you, why not? Bitcoin is becoming more and more popular every year and so on.
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Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
What are you actually talking about? Is it to make the price of Bitcoin stable or what? Bitcoin is a very volatile asset and can not become a stable coin.
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Bitcoin stability is important most especially for the health of other alternate coins too. Because if bitcoin will always drop, the effect of it will be a disastrous since it will affect most of the alt coins to fall down too.
The fact bitcoin doesn't always drop in price doesn't mean it's stable, bitcoin is known for it's volatility and saying or thinking it's a stable asset would be a mistake mate.
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In the case of Bitcoin, volatility is a crucial consideration. The amount that the price of Bitcoin fluctuates over time is referred to as its volatility. When there is minimal volatility, the price of Bitcoin tends to be more constant, but when there is high volatility, it can move up or down extremely quickly. Because it has the potential to impact both the perceived risk of investing in Bitcoin and its overall value, volatility is significant. Some investors may find increased volatility appealing because they are prepared to assume greater risk in exchange for the possibility of better profits. Some, on the other hand, who value consistency and predictability, may find it discouraging.
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Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
What are you actually talking about? Is it to make the price of Bitcoin stable or what? Bitcoin is a very volatile asset and can not become a stable coin.
If we are talking about price stability here, then Bitcoin, like all decentralized cryptocurrencies, cannot have a stable price. High price volatility is an integral element of the cryptocurrency market and this is what attracts both traders and cryptocurrency holders to this market. Cryptocurrency will always have high price mobility because it has no regulatory authorities in this regard. The price of Bitcoin and other cryptocurrencies is formed only on the basis of supply and demand, and these values tend to constantly change.
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Bitcoin stability is very important for the legalization of cryptocurrency states. The high price volatility of cryptocurrency is a big problem in the way of its legalization. Also, high price volatility of cryptocurrency significantly hinders its implementation and use by business structures. At the same time, high volatility has a positive effect on cryptocurrency trading and market activity.
I completely agree that governments and companies may find it difficult to widely adopt Bitcoin due to its extreme volatility. A great deal of risk and uncertainty can be brought about by volatility, which may discourage some consumers from using or purchasing Bitcoin. However, as you pointed out, traders and investors who are able to capitalize on market changes may also benefit from high volatility.
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
You mean "Altcoin" OP? We all know that decentralized assets are volatile and centralized ones are stable so by that, we are aware of it already. Therefore we make faster and more profits in a volatile market compared to the stable ones. There are actually two things that will possibly happen when an asset is volatile it is either we win or lose so beware.
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Bitcoin stability is very important for a few reasons. Like its role as a store of value and medium of exchange, bitcoin's purchasing power remains relatively consistent over time. Increases trust between users and businesses. A stable price can make daily Bitcoin transactions more practical as buyers and sellers can predict the value of the currency. But I think Bitcoin stability is not possible in the current crypto world.
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Bitcoin stability is also very important. When someone wants to invest in Bitcoin he waits for its downtrend. As the price of Bitcoin moves lower, those who want to hold Bitcoin and gain future profits invest in Bitcoin. By investing in Bitcoin they hope for its future growth and eventually see its value increase greatly. As can be seen, the price of Bitcoin reached $15,000 in early 2003 and reached $45,000 by the end of 2023. Those who invested and held on to Bitcoin early on have now benefited greatly.
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
At this stage of cryptocurrency development bitcoin and all cryptocurrency has gained popularity only due to the fact that it is very volatile and here you can earn more money and playing with shoulders someone has already earned a fortune (which I do not advise anyone to do), but there is a point that in cryptocurrency is still very few people and stability on the contrary will kill it, perhaps in the future bitcoin and will be stable but certainly not now.
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
At this stage of cryptocurrency development bitcoin and all cryptocurrency has gained popularity only due to the fact that it is very volatile and here you can earn more money and playing with shoulders someone has already earned a fortune (which I do not advise anyone to do), but there is a point that in cryptocurrency is still very few people and stability on the contrary will kill it, perhaps in the future bitcoin and will be stable but certainly not now.
If we interpret stability as that which cannot occur in the traditional economy to do anything with bitcoin, I very much agree, but price stability is something that cannot be admitted, the volatility in bitcoin is what makes it unique of any action in the world, in fact it is not known what trend it will go to, because today I could even go down to about $10k and leave us with our mouths open, or simply wake up and have $200k in a price of Bitocin and here there is a great Madness, this is something that we must see and get used to because it can happen, bitcoin is like that, and that is what makes it unstable in price or what we can call volatility.
Now, taking this into consideration with regard to Instability, we could talk about what I just said , it may be that things have many aspects and Directions that we do not know how to handle, but for me that is the basic thing.
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Bitcoin stability is also very important. When someone wants to invest in Bitcoin he waits for its downtrend. As the price of Bitcoin moves lower, those who want to hold Bitcoin and gain future profits invest in Bitcoin. By investing in Bitcoin they hope for its future growth and eventually see its value increase greatly. As can be seen, the price of Bitcoin reached $15,000 in early 2003 and reached $45,000 by the end of 2023. Those who invested and held on to Bitcoin early on have now benefited greatly.
What do you mean by "downtrend"? Because the more the market is manipulated, the harder it is to attract investors from outside the cryptocurrency market. No one is going to get into bitcoin if x-news (say in a tweet) gives a profit of up to 40% in a few minutes. What's the point of investing a lot of capital in such an asset? I realize that such people are making colossal profits. But they are also manipulating us. Isn't that right? It's not as simple as it may seem. Those who have never been acquainted with cryptocurrency do not know about the manipulations that sometimes occur on the charts.
And yes, the price for 1 bitcoin reached up to 65 thousand dollars. 8)
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Achieving Bitcoin stability is never possible because when Bitcoin goes into stable form its value will continue to decrease day by day. Bitcoin price fluctuations create a form of value to the market. There are many stablecoins in the market without any need for Bitcoin stability. Maybe many people claim the stability of Bitcoin only because of the high transaction fees but this is a temporary glitch that will be fixed after a few days. Bitcoin is the most popular and king coin due to its unstable character. When it gains stability it will be compared to other coins.
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There are many coins in the market whose value does not fluctuate those coins we have in China as stable coins but Bitcoin has never been a stable coin and will not be in the future. Bitcoin is one of the most popular cryptocurrencies and the price of Bitcoin is rising every moment. Those who have been monitoring the market regularly since the beginning till now have noticed very well that the Bitcoin market is not stable for a short period of time the market changes every moment every second. If the Bitcoin market was stable then investors would not invest here, investors invest only when they see that there is volatility in the market and Bitcoin is currently a very popular investment platform.
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At this stage of cryptocurrency development bitcoin and all cryptocurrency has gained popularity only due to the fact that it is very volatile and here you can earn more money
Interesting observation: what is considered as a negative factor for BTC adoption as everyday money - instability - is the reason for its popularity.
I think you are right.
That shows how far BTC is from being considered and used as a (crypto-)currency.
BTC popularity currently is based only on considering and using it as an investment/speculation vehicle.
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Bitcoin stability is not important. if BTC becomes stable, it could have both bad and good affect on the market. The bad effect is that people lose interest in BTC because most of the profits come from bitcoin trading. People take advantage of the market volatility of bitcoin and make a profit. If you cut that out, then many will move away from BTC.
That being said, BTC will finally become the thing it was meant to be in time of its creation. Not an investment asset, rather a way of making decentralized transaction.
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As seen in the crypto currency market, there are many coins that are not rising in price. But standing stable. Those who observe the market around the clock. They will surely know. Bitcoin is not stable. Because Bitcoin is always going up and down in the market. Bitcoin price is increasing every moment. Those who have been monitoring the market regularly since its inception have noticed very well. Bitcoin in the market is changing a lot.
And I think if Bitcoin had been stable no one would have invested. And as far as I know Bitcoin is a very good platform to invest.
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Bitcoin stability is very important for the legalization of cryptocurrency states. The high price volatility of cryptocurrency is a big problem in the way of its legalization. Also, high price volatility of cryptocurrency significantly hinders its implementation and use by business structures. At the same time, high volatility has a positive effect on cryptocurrency trading and market activity.
Undoubtedly, one of the most significant issues confronting Bitcoin and other cryptocurrencies is volatility. Given that it may result in increased trading volumes and market activity, it is possible to see it positively. On the other hand, companies and individuals are reluctant to use a currency that can fluctuate in value quickly, which poses a significant barrier to acceptance.
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
The instability of the price of bitcoin is where the money is, the unstable price of bitcoin is one of the many reasons why so many people love bitcoin and would like to invest in it.
If the price of bitcoin was made to be stable just like fiat is, I doubt that bitcoin would have become as big as it is today, the ability for bitcoin to sharply rise and fall is the one of the features that have attracted alot of investors into investing in bitcoin and cryptocurrencies at large.
So, if you as me, I did say that, the instability in the price of bitcoin is more of a blessing, it has been responsible for the fast growth of bitcoin and cryptocurrencies, so many seeing how fast the price of bitcoin could grow after a fall, decided to invest in it, as a way for them to try and make some quick profit, and today bitcoin has become one of the most popular asset.
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Bitcoin stability is like an investor patience test. Those who have invested in bitcoins and hold bitcoins will see that your patience has been greatly tested. But finally those who persevere to the end have indeed succeeded and have profited greatly. I saw my local brother invested in bitcoins in late 2023 and he was patient until 2024 now he got a lot of profit from bitcoins. But even if Bitcoin is stable, you can see substantial gains from it in the future and its price growth will definitely go upwards.
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I believe bitcoin stability is critical for several reasons, including preventing an altcoin crisis, preventing major disruptions to cryptocurrencies. Stability promotes trust, which is necessary to attract and retain investors. It also supports the overall growth and development of the cryptocurrency ecosystem. Achieving stability could help elevate Bitcoin's role as a trusted store of value and medium of exchange, strengthening its position in the broader financial world.
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Bitcoin stability is also very important. When someone wants to invest in Bitcoin he waits for its downtrend. As the price of Bitcoin moves lower, those who want to hold Bitcoin and gain future profits invest in Bitcoin. By investing in Bitcoin they hope for its future growth and eventually see its value increase greatly. As can be seen, the price of Bitcoin reached $15,000 in early 2003 and reached $45,000 by the end of 2023. Those who invested and held on to Bitcoin early on have now benefited greatly.
wait, actually in my opinion your statement actually contradicts in this case, when saying about stability it is impossible for bitcoin to experience a decline like the words you describe in this case.
In my opinion by saying the stability of bitcoin there will be no rapid decline and increase so I don't really like the notion of bitcoin stability because indirectly if bitcoin is in a stable condition then they are like eliminating the initial concept they have built because until now we know that bitcoin is volatile with the volatility they have so that until whenever bitcoin will not be able to become something stable because in the end it is like injuring the characteristics and uniqueness of volatile bitcoin.
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
Bitcoin stability is something we truly desire, but not necessarily need. When the price of Bitcoin plummets, it is extremely harmful to altcoins, and when the price rises, it is beneficial. Now we must accept that Bitcoin's price will never be stable since it was not designed to be stable, and the volatility of Bitcoin is what makes it more valuable.
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?
The instability of the price of bitcoin is where the money is, the unstable price of bitcoin is one of the many reasons why so many people love bitcoin and would like to invest in it.
If the price of bitcoin was made to be stable just like fiat is, I doubt that bitcoin would have become as big as it is today, the ability for bitcoin to sharply rise and fall is the one of the features that have attracted alot of investors into investing in bitcoin and cryptocurrencies at large.
So, if you as me, I did say that, the instability in the price of bitcoin is more of a blessing, it has been responsible for the fast growth of bitcoin and cryptocurrencies, so many seeing how fast the price of bitcoin could grow after a fall, decided to invest in it, as a way for them to try and make some quick profit, and today bitcoin has become one of the most popular asset.
Bitcoin has its cons and pros but I think the pros exceeds the cons and that is why bitcoin is growing.
Volatility is an advantage and as well as disadvantages to bitcoin. But I think the advantages are bigger than the disadvantages. Without volatility, there won't be day trading and people will not invest in bitcoin with the promise of return. While in the other hand, the stability of bitcoin will attract many companies to invest in bitcoin which will facilitate the global adoption.
Apart from Volatility , decentralisation is one advantage of bitcoin that keeps many people in the business of bitcoin.
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Without volatility, there won't be day trading and people will not invest in bitcoin with the promise of return.
Yes, on the other hand...
... without volatility that pensioner could invest its savings in BTC without fear of losing 30% of his savings in 2 weeks.
... without volatility the lady at that fruits shop would accept to be paid with BTC without fear of losing in 2 hours what she gained by selling those bananas :D
Adoption
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Bitcoin stability is also very important. When someone wants to invest in Bitcoin he waits for its downtrend. As the price of Bitcoin moves lower, those who want to hold Bitcoin and gain future profits invest in Bitcoin. By investing in Bitcoin they hope for its future growth and eventually see its value increase greatly. As can be seen, the price of Bitcoin reached $15,000 in early 2003 and reached $45,000 by the end of 2023. Those who invested and held on to Bitcoin early on have now benefited greatly.
Essentially, you described how important the high price volatility of Bitcoin, and indeed the entire cryptocurrency, is for investors and traders who deal with cryptocurrency and make a profit from it. Without high price volatility, cryptocurrency would not be so attractive to participants in this market.
In a few months, the next Bitcoin halving is planned, and this event usually leads to its high price growth with the establishment of new price records, but then an equally steep price peak some time after that. It is the halving that market participants look forward to once every four years, and not the period of relative price stability of Bitcoin.
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When the price of Bitcoin is stable, many new investors are encouraged to invest in Bitcoin. Because when the price of Bitcoin only goes up and then only goes down, investors fear a major crash. Again, if the price of Bitcoin is stable, the price of other altcoins is seen to increase slightly. So in these cases it is necessary to keep the price of Bitcoin stable. But on the downside, if there is a bitcoin stub, it will not be possible to make good profits through trading or holding bitcoins.
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Bitcoin stability is important most especially for the health of other alternate coins too. Because if bitcoin will always drop, the effect of it will be a disastrous since it will affect most of the alt coins to fall down too.
Truth be told, Bitcoin stability is important. Take for instance, whenever there is rise in the price of Bitcoin the altcoins will rise and vise
versa. Any negative news about Bitcoin will surely bring down the àltcoins drastically
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Truth be told, Bitcoin stability is important. Take for instance, whenever there is rise in the price of Bitcoin the altcoins will rise and vise
versa. Any negative news about Bitcoin will surely bring down the àltcoins drastically
You need to see this BTC Cheat Sheet, everything is explained in the table.
(https://www.talkimg.com/images/2024/01/11/sD5UP.jpeg)
The condition of Altcoins is also determined by the rise and fall of Bitcoin dominance.
The higher the dominance of Bitcoin, the worse the Altcoin will be and when the dominance decreases this will give the altcoin an opportunity to start recovering and will even reach the Altcoin Season.
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I will say this that Bitcoin stability could also be represented by the word consistency, because by the virtue of how volatile bitcoin is, we amy not say it's stable, but there's this consistency about the digital currency, which the the maintenance of it market value, rise in market value and it's global adoption a d acceptance being a digital currency and a valuable means of asset or a profitable investment.
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I think that Bitcoin stability is very important to attract new investors. People need to be sure in their investments. High volatility is definitely not the best feature to assure people in the right choice of investment. Stability can help you to avoid big losses but it also can't give you a big profit.
Is bitcoin volatility not attracting new investors enough? If bitcoin has a stable price, do you think you and I would love to invest in bitcoin without having profits in mind?
The volatility of bitcoin is a plus bonus for us as crypto investors, because we ought gain from it financially like when the price of bitcoin decreases, we bought at low price, hodl and sell at a high price
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I think that Bitcoin stability is very important to attract new investors. People need to be sure in their investments. High volatility is definitely not the best feature to assure people in the right choice of investment. Stability can help you to avoid big losses but it also can't give you a big profit.
Is bitcoin volatility not attracting new investors enough? If bitcoin has a stable price, do you think you and I would love to invest in bitcoin without having profits in mind?
The volatility of bitcoin is a plus bonus for us as crypto investors, because we ought gain from it financially like when the price of bitcoin decreases, we bought at low price, hodl and sell at a high price
Exactly, as much as we hate the volatility, it should be considered as not a deterrent to the market. It's part of it, as it is open 24x7, everyone is free to trade and so with that huge volume, we really don't know what the price will be.
That's why most of us do DCA or invest in whichever way we can. Maybe we can buy in bulk or weekly, but the end results will be the same. Be a holder and just sell and take profits when necessary and dont' look at volatility as something that is regarded with fear or apprehension. We should look at it in a positive way.