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Author Topic: Why is bitcoin stability important?  (Read 36545 times)

Offline ranaprime

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Re: Why is bitcoin stability important?
« Reply #60 on: October 16, 2020, 07:07:56 PM »
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.
« Last Edit: October 18, 2020, 03:13:17 PM by ranaprime »

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Re: Why is bitcoin stability important?
« Reply #60 on: October 16, 2020, 07:07:56 PM »

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Offline DAMKAR

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Re: Why is bitcoin stability important?
« Reply #61 on: October 17, 2020, 09:53:49 AM »
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.

Offline labonikhatun

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Re: Why is bitcoin stability important?
« Reply #62 on: October 17, 2020, 10:31:00 AM »
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.

Offline Tnoy30

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Re: Why is bitcoin stability important?
« Reply #63 on: October 17, 2020, 12:11:12 PM »
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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Re: Why is bitcoin stability important?
« Reply #64 on: October 17, 2020, 02:55:17 PM »
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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Re: Why is bitcoin stability important?
« Reply #65 on: October 17, 2020, 04:48:56 PM »
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.

Offline Blaze

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Re: Why is bitcoin stability important?
« Reply #66 on: October 23, 2020, 10:20:58 AM »
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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Re: Why is bitcoin stability important?
« Reply #66 on: October 23, 2020, 10:20:58 AM »


Offline edmundo

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Re: Why is bitcoin stability important?
« Reply #67 on: October 26, 2020, 09:12:19 PM »
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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Re: Why is bitcoin stability important?
« Reply #68 on: October 26, 2020, 09:24:14 PM »
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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Offline Hisbullah

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Re: Why is bitcoin stability important?
« Reply #69 on: October 27, 2020, 02:12:20 AM »
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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Offline yetti

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Re: Why is bitcoin stability important?
« Reply #70 on: October 27, 2020, 08:24:52 AM »
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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Offline Legion

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Re: Why is bitcoin stability important?
« Reply #71 on: October 28, 2020, 09:21:25 AM »
Bitcoin price can never be stable

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Re: Why is bitcoin stability important?
« Reply #72 on: October 28, 2020, 02:55:32 PM »
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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Re: Why is bitcoin stability important?
« Reply #73 on: October 28, 2020, 11:17:11 PM »
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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Re: Why is bitcoin stability important?
« Reply #74 on: August 03, 2021, 06:02:24 PM »
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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