but as we talk about the future where bitcoin is adopted globally by the masses and used for everyday transactions, do you think that a time will ever come where bitcoin will not be volatile?Bitcoin will always be volatile. But as the marketcap increases more, bitcoin is becoming less volatile. Unlike before.
since bitcoin is decentralized and its value depends on the people who holds it, will there ever be a time where its volatility stabilize? are there any ways to stabilize its volatility?What will make bitcoin price stable only wants people to sell their coins. Its price can not be stable.
before bitcoin was seen as an investment opportunity and it was not valued as high as it now back then, you could buy pretty much anything with a few bitcoins but now is not the same anymore no one almost wants to use their bitcoin to buy anything certainly something as mundane as pizza for exampleNow that people have seen its potential or worth on which even just simply holding up your coins could really be that the main reason on why people wont really be just that easily be spending up their coins on which if they do know that they could be able to buy something with fiat then they would really be definitely be doing it rather than on spending up their coins. Speaking about stability? No it wont happen because buys and sell are happening and this would be the main reason on why prices do really move up and down on which this isnt something that you can remove from it, not unless if we do speak about stable coins then this would be an another story. People would flock away if they wont really be finding any profitability in towards Bitcoin.
we could say that people's reluctance to not using bitcoin for everyday transactions can also be because of its volatility but as we talk about the future where bitcoin is adopted globally by the masses and used for everyday transactions, do you think that a time will ever come where bitcoin will not be volatile?
since bitcoin is decentralized and its value depends on the people who holds it, will there ever be a time where its volatility stabilize? are there any ways to stabilize its volatility?
There have been discussions about it having a stable price which if it has to be considered Strategic reserve, BTC has to have stability. I'm not sure how they will be doing it but for the currencies to be backed by Bitcoin, Bitcoin has to have a price that won't differ in few seconds.i do not know if the government's intention of making bitcoin part of the reserve is for stability but rather it could be for profit they are hoping that they would get more profit if they hold bitcoin and other altcoins then they could have more money in their reserve and pull out the profits for whenever they need it
Seem an impossible to happen unless governments will ban BTC that only them can use.
There have been discussions about it having a stable price which if it has to be considered Strategic reserve, BTC has to have stability. I'm not sure how they will be doing it but for the currencies to be backed by Bitcoin, Bitcoin has to have a price that won't differ in few seconds.i do not know if the government's intention of making bitcoin part of the reserve is for stability but rather it could be for profit they are hoping that they would get more profit if they hold bitcoin and other altcoins then they could have more money in their reserve and pull out the profits for whenever they need it
Seem an impossible to happen unless governments will ban BTC that only them can use.
is there any way for the government to make bitcoin stable? i do not think so and i can't think of any way
since bitcoin is decentralized and its value depends on the people who holds it, will there ever be a time where its volatility stabilize? are there any ways to stabilize its volatility?The volatility in the price of Bitcoin will reduce overtime, but there can never be or come a time when the price will become stable like fiat currencies.
OP I would like to give you an example here that is not mine (I read it somewhere or probably from YouTube),
'Consider a small boat with very few people onboard, it will be more susceptible to the waves. But on a large ship with many people, you will feel less wave turbulence (not sure if using the right word ;D).'
Volatility will always be there but it will become less and less as the adoption of BTC will increase.
i do not know if the government's intention of making bitcoin part of the reserve is for stability but rather it could be for profit they are hoping that they would get more profit if they hold bitcoin and other altcoins then they could have more money in their reserve and pull out the profits for whenever they need itI think you put too much credit into their action. There's no way their intention is that noble. It's all about preserving their wealth.
is there any way for the government to make bitcoin stable? i do not think so and i can't think of any wayThey can buy every single coin in existence and force companies to 'gift' crypto to them, but that's unlikely to happen given the cost and backlash that might arise from doing them. I don't think they want Bitcoin to be stable as mentioned above so that's that.
before bitcoin was seen as an investment opportunity and it was not valued as high as it now back then, you could buy pretty much anything with a few bitcoins but now is not the same anymore no one almost wants to use their bitcoin to buy anything certainly something as mundane as pizza for example
we could say that people's reluctance to not using bitcoin for everyday transactions can also be because of its volatility but as we talk about the future where bitcoin is adopted globally by the masses and used for everyday transactions, do you think that a time will ever come where bitcoin will not be volatile?
since bitcoin is decentralized and its value depends on the people who holds it, will there ever be a time where its volatility stabilize? are there any ways to stabilize its volatility?
we could say that people's reluctance to not using bitcoin for everyday transactions can also be because of its volatility but as we talk about the future where bitcoin is adopted globally by the masses and used for everyday transactions, do you think that a time will ever come where bitcoin will not be volatile?
since bitcoin is decentralized and its value depends on the people who holds it, will there ever be a time where its volatility stabilize? are there any ways to stabilize its volatility?
I don't believe Bitcoin will ever stop being volatile, but it may become less volatile in the near future as adoption increases and governments reserve Bitcoin, making sales less frequent and the price more stable.If that happens, it may only be for a short time because more people will start to enter and move the market price.
-snip-
The bitcoin market will always be volatile and I agree that if it experiences stability, it will only be for a short time. We have witnessed it for more than a decade and we know how the market always moves.I don't believe Bitcoin will ever stop being volatile, but it may become less volatile in the near future as adoption increases and governments reserve Bitcoin, making sales less frequent and the price more stable.If that happens, it may only be for a short time because more people will start to enter and move the market price.
-snip-
Crypto will still get high volatility which results in price fluctuations, especially Bitcoin which is the main coin.
Becoming a more stable crypto will only happen when Bitcoin really takes a break and gives the altcoin a chance to make a price recovery,
but as bitcoin's dominance continues to rise no one can stop it.
~How about controlling the people who holds btc? If you find that impossible, then you should give up the idea of a stable price for bitcoin.
since bitcoin is decentralized and its value depends on the people who holds it, will there ever be a time where its volatility stabilize? are there any ways to stabilize its volatility?
before bitcoin was seen as an investment opportunity and it was not valued as high as it now back then, you could buy pretty much anything with a few bitcoins but now is not the same anymore no one almost wants to use their bitcoin to buy anything certainly something as mundane as pizza for example
we could say that people's reluctance to not using bitcoin for everyday transactions can also be because of its volatility but as we talk about the future where bitcoin is adopted globally by the masses and used for everyday transactions, do you think that a time will ever come where bitcoin will not be volatile?
since bitcoin is decentralized and its value depends on the people who holds it, will there ever be a time where its volatility stabilize? are there any ways to stabilize its volatility?
But I think there is something more important than all that, what is more important is that we continue to use it to gain profit. Because it will be useless if we continue to talk about bitcoin, while we do not gain any profit.With all due respect to your point of view, this is a superficial view. Satoshi didn't invent Bitcoin to make a profit. His vision was much deeper and more profound. It's not just a means of making money.
What makes Bitcoin unique is its volatility. To give investors profits or losses within a space of time. Remove the profits and losses from Bitcoin investment; you will see that the demand for Bitcoin globally will reduce. Investors will find the need to invest in Bitcoin again because almost all Bitcoin investors are investing in Bitcoin for long term profits
It is because of reliability that people are making long-term investments.you are right i would be interested to know if anyone who invests or trades in stocks or bonds notice anything different between that and of crypto markets? is crypto more volatile? i guess it can be since i believe it is a lot more accessible than stocks or bonds, right?
It is because of reliability that people are making long-term investments.you are right i would be interested to know if anyone who invests or trades in stocks or bonds notice anything different between that and of crypto markets? is crypto more volatile? i guess it can be since i believe it is a lot more accessible than stocks or bonds, right?
anyway i think that it is impressive how bitcoin, despite its volatility, has remained valuable all these years even if its value was fluctuating it never actually came down to zero
I also believe people have also realised that this digital currency has also remained strong in spite of the large volatile price movement. Thus, there is still something exceptional concerning how this asset remains focused on generating interest and retains its value despite the problems it encountered. The fact that it had been existing for more than a decade is evident that there is something in it which draws the attention of people making them continue believing in it. In this case, it is easier to buy and sell this asset as compared to stocks or bonds in the market. Crypto gives a wider population a relatively easier entrance without having to go through the various steps usually necessary to invest in other investment opportunities. Perhaps that is why it is more volatile but at the same time, that is why it is desirable to some people.It is because of reliability that people are making long-term investments.you are right i would be interested to know if anyone who invests or trades in stocks or bonds notice anything different between that and of crypto markets? is crypto more volatile? i guess it can be since i believe it is a lot more accessible than stocks or bonds, right?
anyway i think that it is impressive how bitcoin, despite its volatility, has remained valuable all these years even if its value was fluctuating it never actually came down to zero
since bitcoin is decentralized and its value depends on the people who holds it, will there ever be a time where its volatility stabilize? are there any ways to stabilize its volatility?BTC is not going to suddenly become a stablecoin one day, lol, it will always be volatile, but it is expected that with mass adoption and all, volatility will reduce significantly in the future. If that time comes, then we will only experience small movements up and down, we'll see if that is what the future holds.
---People reluctant to use their Bitcoin for everyday transactions is pretty much normal especially for those people who sees Bitcoin as an asset, but not ALL think like that. In fact, I'm always spending most of my Bitcoins on a monthly basis. Yes, it isn't Bitcoin that I'm using, but I'm converting it into our own fiat currency (and I guess that's considered spending of Bitcoin, right :D).
we could say that people's reluctance to not using bitcoin for everyday transactions can also be because of its volatility but as we talk about the future where bitcoin is adopted globally by the masses and used for everyday transactions, do you think that a time will ever come where bitcoin will not be volatile?
since bitcoin is decentralized and its value depends on the people who holds it, will there ever be a time where its volatility stabilize? are there any ways to stabilize its volatility?
before bitcoin was seen as an investment opportunity and it was not valued as high as it now back then, you could buy pretty much anything with a few bitcoins but now is not the same anymore no one almost wants to use their bitcoin to buy anything certainly something as mundane as pizza for example
we could say that people's reluctance to not using bitcoin for everyday transactions can also be because of its volatility but as we talk about the future where bitcoin is adopted globally by the masses and used for everyday transactions, do you think that a time will ever come where bitcoin will not be volatile?
since bitcoin is decentralized and its value depends on the people who holds it, will there ever be a time where its volatility stabilize? are there any ways to stabilize its volatility?
BTC is not going to suddenly become a stablecoin one day, lol, it will always be volatile, but it is expected that with mass adoption and all, volatility will reduce significantly in the future. If that time comes, then we will only experience small movements up and down, we'll see if that is what the future holds.
For the current time frame, I am not seeing Bitcoin as a stable currency, and it is hard to make it a stable currency as its value becomes more volatile after the Trump administration, in my point of view, and if we look at the historical nature of Bitcoin, it depends on its cyclic behavior, and we always have been facing a bull market after bear season where we all get a fair opportunity to accumulate it.You are correct on your observation that Bitcoin has remained amongst the most popular digital currencies even though it is volatile often coming with significant daily price fluctuations. Though the changes which happen from time to time may depict it as an unstable region, these characteristics are some of the attraction to investors who search for opportunities in each change. One can clearly make the conclusion about the fact that everything has its two sides, and there were always times when the price of Bitcoin started to grow again. Of the residual loyal and patient people, they end up positively affected those cyclic phases that exist. Since more and more people remain convinced that Bitcoin is an object of value, it is not surprising that the digital currency remains in the spotlight in the world of finances.
Other than that, Bitcoin has always proven itself a dominator in the market, and still we can deny it is a volatile digital currency. The best part of it, which I like, is that it has always been given the opportunity to investors who believe in it.
For the current time frame, I am not seeing Bitcoin as a stable currency, and it is hard to make it a stable currency as its value becomes more volatile after the Trump administration, in my point of view, and if we look at the historical nature of Bitcoin, it depends on its cyclic behavior, and we always have been facing a bull market after bear season where we all get a fair opportunity to accumulate it.if I see bitcoin has been volatile for a long time, but since Trump became US president bitcoin reached a fairly high ATH, jumping to more than $ 100K.
Other than that, Bitcoin has always proven itself a dominator in the market, and still we can deny it is a volatile digital currency. The best part of it, which I like, is that it has always been given the opportunity to investors who believe in it.
Analysing the changes in Bitcoin add a tendency that value of this asset grows with the growing amount of large investors who begin to manage it. This can indeed have an influence on the directions of the prices in the future, even though high volatility is still more a distinctive feature of Bitcoin. Fluctuations in the price can be as a result of major market events or government policies affecting the economy, but the continued accumulation of largest investors with more capitalised means can act as major positive influence on the development of the price of bitcoins in the future.For the current time frame, I am not seeing Bitcoin as a stable currency, and it is hard to make it a stable currency as its value becomes more volatile after the Trump administration, in my point of view, and if we look at the historical nature of Bitcoin, it depends on its cyclic behavior, and we always have been facing a bull market after bear season where we all get a fair opportunity to accumulate it.if I see bitcoin has been volatile for a long time, but since Trump became US president bitcoin reached a fairly high ATH, jumping to more than $ 100K.
Other than that, Bitcoin has always proven itself a dominator in the market, and still we can deny it is a volatile digital currency. The best part of it, which I like, is that it has always been given the opportunity to investors who believe in it.
Because of the volatile nature of bitcoin, I think it can attract investors to invest in bitcoin. And currently bitcoin is widely owned by large investors so it is likely that the price of bitcoin will rise higher in the future.
Why do you and Charles-Tim believe that bitcoin volatility would be tamed in the future? Bitcoin is not gonna be any less volatile in the future. It will continue to be volatile as more people embrace it.since bitcoin is decentralized and its value depends on the people who holds it, will there ever be a time where its volatility stabilize? are there any ways to stabilize its volatility?BTC is not going to suddenly become a stablecoin one day, lol, it will always be volatile, but it is expected that with mass adoption and all, volatility will reduce significantly in the future. If that time comes, then we will only experience small movements up and down, we'll see if that is what the future holds.
will there ever be a time where its volatility stabilize? are there any ways to stabilize its volatility?The volatility of Bitcoin may reduce later in the future when people no longer consider it as an asset strictly for investment. The buyers and the sellers are the ones who are creating the volatility in the market and when the activity of buying and selling reduces volatility will follow suit.
Why do you and Charles-Tim believe that bitcoin volatility would be tamed in the future? Bitcoin is not gonna be any less volatile in the future. It will continue to be volatile as more people embrace it.Do not get it wrongly. You will need to go through the bitcoin chart, comparing marketcap with the price. Bitcoin is less volatile if compared to its price some years ago. This is not only about bitcoinn but all assets generally.
Volatile is one attribute of bitcoin that attracted people to it. If bitcoin loses it's volatile nature, people will abandon it for other coins. For the king to continue to move the market, it must continue to be volatile.No. You are getting it wrong. If bitcoin become less volatile, more people will see it as a safe haven and a good substitute for gold. Also we are not saying bitcoin will lose its volatile nature. It is different from it becoming less volatile.
if I see bitcoin has been volatile for a long time, but since Trump became US president bitcoin reached a fairly high ATH, jumping to more than $ 100K.It may be in sideways area, but the price still keeps volatile. And that is still going on until now. There is no safe and stable price during the market, every market currency must say something. But for Bitcoin, this is always volatile. Even though there are many people who feel that they are really stable and there are no significant changes, but still, price changes are very normal and often occur, volatility also has its pluses and minuses. So, it's just a matter of how we manage it for our own good.
Because of the volatile nature of bitcoin, I think it can attract investors to invest in bitcoin. And currently bitcoin is widely owned by large investors so it is likely that the price of bitcoin will rise higher in the future.
since bitcoin is decentralized and its value depends on the people who holds it, will there ever be a time where its volatility stabilize? are there any ways to stabilize its volatility?I don't think a day will come where it will be used for everyday transactions, so that means we don't come to seel BTC with no volatility, as we all know its price is highly influenced by the demand and supply factors but along with other factors too, like now a days, its news from Trump or Elon or from some big person.
BTC is not going to suddenly become a stablecoin one day, lol, it will always be volatile, but it is expected that with mass adoption and all, volatility will reduce significantly in the future. If that time comes, then we will only experience small movements up and down, we'll see if that is what the future holds.
It is precisely the volatility of bitcoin that attracts investors to invest in bitcoin and altcoin. They like this because if it is more stable we cannot get big profits. Moreover, this new altcoin also opens up opportunities for cities to be able to get big profits. Although the risk is also greater, it all depends on the analysis and consideration of each in taking risks and investment opportunities in crypto, which is based on the experience we have.It is because of reliability that people are making long-term investments.you are right i would be interested to know if anyone who invests or trades in stocks or bonds notice anything different between that and of crypto markets? is crypto more volatile? i guess it can be since i believe it is a lot more accessible than stocks or bonds, right?
anyway i think that it is impressive how bitcoin, despite its volatility, has remained valuable all these years even if its value was fluctuating it never actually came down to zero
I rightly understand you and I have held such an opinion for a long time that when bitcoin hits global adoption it will be less volatile. But on seeing;Why do you and Charles-Tim believe that bitcoin volatility would be tamed in the future? Bitcoin is not gonna be any less volatile in the future. It will continue to be volatile as more people embrace it.Do not get it wrongly. You will need to go through the bitcoin chart, comparing marketcap with the price. Bitcoin is less volatile if compared to its price some years ago. This is not only about bitcoinn but all assets generally.Volatile is one attribute of bitcoin that attracted people to it. If bitcoin loses it's volatile nature, people will abandon it for other coins. For the king to continue to move the market, it must continue to be volatile.No. You are getting it wrong. If bitcoin become less volatile, more people will see it as a safe haven and a good substitute for gold. Also we are not saying bitcoin will lose its volatile nature. It is different from it becoming less volatile.
It is precisely the volatility of bitcoin that attracts investors to invest in bitcoin and altcoin. They like this because if it is more stable we cannot get big profits. Moreover, this new altcoin also opens up opportunities for cities to be able to get big profits. Although the risk is also greater, it all depends on the analysis and consideration of each in taking risks and investment opportunities in crypto, which is based on the experience we have.True. Volatility makes crypto investment interesting because it enables us to get huge profits. If there is no high volatility, we won't have the chance to get huge profits. Volatility makes the price to increase significantly, this is what investors want in crypto. So, it is just strange if there are people who expect for the stability of crypto prices. If it happens, there is no something interesting in crypto investment.
Volatile is also a common process for cryptocurrency market. I think that your comment is very prefer in this time. But if we follow in cryptocurrency market we can see that sometimes crypto currency market remain still. So I think that few weeks we can see that bitcoin price is just an example. But if we want in few months ago, we can see that bitcoin price is increase $100k upp in cryptocurrency market. Because we know that Donald trump win in election. I think that if world war finish, we can see next big volatile in cryptocurrency market.It is precisely the volatility of bitcoin that attracts investors to invest in bitcoin and altcoin. They like this because if it is more stable we cannot get big profits. Moreover, this new altcoin also opens up opportunities for cities to be able to get big profits. Although the risk is also greater, it all depends on the analysis and consideration of each in taking risks and investment opportunities in crypto, which is based on the experience we have.It is because of reliability that people are making long-term investments.you are right i would be interested to know if anyone who invests or trades in stocks or bonds notice anything different between that and of crypto markets? is crypto more volatile? i guess it can be since i believe it is a lot more accessible than stocks or bonds, right?
anyway i think that it is impressive how bitcoin, despite its volatility, has remained valuable all these years even if its value was fluctuating it never actually came down to zero
The characters from the Crypto market are always volatile and this is what makes it difficult for many people to predict price movements. About the victory of Donal Trumpemang affects the Bitcoin, the price has soared but we have not seen the surge that occurred to Altcoin, because it seems that there are still many altcoins that have not yet reached ATH. At present the Crypto market looks struggle, some investors only focus on buying at a lower price and waiting, it has obedient my observations.Volatile is also a common process for cryptocurrency market. I think that your comment is very prefer in this time. But if we follow in cryptocurrency market we can see that sometimes crypto currency market remain still. So I think that few weeks we can see that bitcoin price is just an example. But if we want in few months ago, we can see that bitcoin price is increase $100k upp in cryptocurrency market. Because we know that Donald trump win in election. I think that if world war finish, we can see next big volatile in cryptocurrency market.It is precisely the volatility of bitcoin that attracts investors to invest in bitcoin and altcoin. They like this because if it is more stable we cannot get big profits. Moreover, this new altcoin also opens up opportunities for cities to be able to get big profits. Although the risk is also greater, it all depends on the analysis and consideration of each in taking risks and investment opportunities in crypto, which is based on the experience we have.It is because of reliability that people are making long-term investments.you are right i would be interested to know if anyone who invests or trades in stocks or bonds notice anything different between that and of crypto markets? is crypto more volatile? i guess it can be since i believe it is a lot more accessible than stocks or bonds, right?
anyway i think that it is impressive how bitcoin, despite its volatility, has remained valuable all these years even if its value was fluctuating it never actually came down to zero
The characters from the Crypto market are always volatile and this is what makes it difficult for many people to predict price movements. About the victory of Donal Trumpemang affects the Bitcoin, the price has soared but we have not seen the surge that occurred to Altcoin, because it seems that there are still many altcoins that have not yet reached ATH. At present the Crypto market looks struggle, some investors only focus on buying at a lower price and waiting, it has obedient my observations.If you look into the current trend of BTC, I must say that the notion of a market struggle is not entirely accurate in this case. The signal is up for Bitcoin, and if any person is still on the fence just because altcoins have not moved up also they are missing something that has happened repeatedly in the past. BTC has always been the bear in the crypto market, while the altcoins have remained the bulls in the subsequent part of the same cycle. If someone just waits for the price to go lower without knowing that BTC also has the possibility to grow even higher, then such a person may miss the opportunity. Fear on the other hand leads to excess degraded the decision making process, when people make their decision they delays too much only to realise the market is not going down as they predicated, the price will be higher.
Bitcoin volatility has become one of it's characteristics for many years, it look like volatility has become it's nature, there seems to be no end to bitcoin volitile market. I think that the best we can as traders, investors, holders and the general community is to follow our risks tolerance rates while we engage on the crypto market activities.Yeah, high volatility is where savvy investors make huge gains, and also how the market wrecks inexperienced ones, that's just how finance works. Plus, crazy swings get BTC noticed, making the whole crypto scene more exciting.
In a nutshell, volatility might have become a normal situation, we as individuals can not do anything in my opinion
- If bitcoin is no longer volatile, then most likely the other top-listed cryptocurrencies in the market will also be meaningless in my opinion. Because traders' profits depend on volatility, if it weren't for volatility, no whales or institution investors would have the interest to invest in bitcoin and the top altcoins.On the norm, Altcoin's volatility should have nothing to do wit bitcoin's volatility, that is, every asset in the cryptocurrency market should be able to stand on its on with out being manipulated by the market condition of any cryptocurrency.
So for me, it's unlikely that Bitcoin's volatility will disappear, that's why we are doing long-term holding in other altcoins and bitcoin
because of the volatility they have.
Bitcoin volatility has become one of it's characteristics for many years, it look like volatility has become it's nature, there seems to be no end to bitcoin volitile market. I think that the best we can as traders, investors, holders and the general community is to follow our risks tolerance rates while we engage on the crypto market activities.
In a nutshell, volatility might have become a normal situation, we as individuals can not do anything in my opinion
This is just my opinion that Bitcoin will not be stable and will continue to fluctuate, because in my opinion, Bitcoin is not regulated so that all Bitcoin hodlers have the right to determine the price.Yes, it is appropriate to consider Bitcoin as a volatile asset since its price varies with market actions and nobody sets it. This yields the price volatility that can happen randomly, including at such a fast pace. The same can also be said of other stablecoins such as limelight although the fluctuations are not as drastic. This is actually one of the features of the crypto world, which is chosen by those who are interested in finding chances in chaos. This trend is hardly astonishing, since it is quite apparent that people expect to make profit if bitcoin price has high volatility, as it fetched in the past.
Nothing is stable in crypto because USDT also always changes when converted to fiat, even though the difference is around 1 or 2 digits but it is still unstable.
That's just my opinion and I'm sure the community wants Bitcoin to fluctuate more than stable.
~snip~
since bitcoin is decentralized and its value depends on the people who holds it, will there ever be a time where its volatility stabilize? are there any ways to stabilize its volatility?
It is precisely the volatility of bitcoin that attracts investors to invest in bitcoin and altcoin. They like this because if it is more stable we cannot get big profits. Moreover, this new altcoin also opens up opportunities for cities to be able to get big profits. Although the risk is also greater, it all depends on the analysis and consideration of each in taking risks and investment opportunities in crypto, which is based on the experience we have.True. Volatility makes crypto investment interesting because it enables us to get huge profits. If there is no high volatility, we won't have the chance to get huge profits. Volatility makes the price to increase significantly, this is what investors want in crypto. So, it is just strange if there are people who expect for the stability of crypto prices. If it happens, there is no something interesting in crypto investment.
What you said is something that is indeed true, because with its fluctuations people can use it to trade and make a profit.~snip~
since bitcoin is decentralized and its value depends on the people who holds it, will there ever be a time where its volatility stabilize? are there any ways to stabilize its volatility?
Perhaps such a time will come when the majority of BTC is under the control of a few large companies or individuals, and I see no other way for the volatility to simply disappear. It is logical that at any moment we have at least three types of investors on the market - some who want to sell, others who want to buy and others who just want to hold - now the only question is in what proportion they are on the market and how they influence it.
Let's be honest though, volatility is what attracts people to invest in BTC, although it is not the only feature of course.
Only a simple calculation in my opinion because the volatile from Bitcoin becomes profitable when the tips to buy below and sell it when the price of Bitcoin above.This is just my opinion that Bitcoin will not be stable and will continue to fluctuate, because in my opinion, Bitcoin is not regulated so that all Bitcoin hodlers have the right to determine the price.Yes, it is appropriate to consider Bitcoin as a volatile asset since its price varies with market actions and nobody sets it.
Nothing is stable in crypto because USDT also always changes when converted to fiat, even though the difference is around 1 or 2 digits but it is still unstable.
That's just my opinion and I'm sure the community wants Bitcoin to fluctuate more than stable.
~snip~
limelightThis is just my opinion that Bitcoin will not be stable and will continue to fluctuate, because in my opinion, Bitcoin is not regulated so that all Bitcoin hodlers have the right to determine the price.Yes, it is appropriate to consider Bitcoin as a volatile asset since its price varies with market actions and nobody sets it. This yields the price volatility that can happen randomly, including at such a fast pace. The same can also be said of other stablecoins such as limelight although the fluctuations are not as drastic.
Nothing is stable in crypto because USDT also always changes when converted to fiat, even though the difference is around 1 or 2 digits but it is still unstable.
That's just my opinion and I'm sure the community wants Bitcoin to fluctuate more than stable.
This is actually one of the features of the crypto world, which is chosen by those who are interested in finding chances in chaos. This trend is hardly astonishing, since it is quite apparent that people expect to make profit if bitcoin price has high volatility, as it fetched in the past.I also often hear stories and facts from various communities that Bitcoin used to have very fast increases and decreases in price because in the past there were only a few people trading Bitcoin and it was not fought over by many people.
I don't believe Bitcoin will ever stop being volatile, but it may become less volatile in the near future as adoption increases and governments reserve Bitcoin, making sales less frequent and the price more stable.Bitcoin is decentralized no one can control its price that is why it is full of excitement specially during bull season you can really earn on it by simply buying and holding it and then sell when it reach the limitations that you set. It is always high on volatility because we have different situation and global news that can affect the price because investors has a different sights on different news and it will be having impact to law of supply and demand and trigger the price to become very high on volatility and that what i have observed on this present time.
You can't prevent people from selling Bitcoin when its price rises. As the price rises, selling increases, and then it falls again. Therefore, I believe volatility cannot be stopped, but it can be mitigated as much as possible.
I don't like this option, but maybe making it centralized would make its value stable or even tend to be like gold which always increases but slowly... actually the acquisition of all the existing Bitcoin supply by a single entity could also make it controllable, but that would eliminate the unique nature of Bitcoin which is known to be decentralized....
Maybe when Saylor really owns all the existing Bitcoin supply, this really kills the freedom of privacy for a safer money...
The question posed by the OP have been ringing in the mind of many Bitcoiners since the recent widespread adoption by different institutions in the world. Greater global adoption of Bitcoin off course is one of the factors that could reduce the volatility of Bitcoin but it'll surely not make it disappear.Bitcoin volatility will always exist, because that is the character of the crypto market. Even if many people have adopted bitcoin, it is likely that whakes will continue to play their role in the market and make the price of bitcoin volatile so they can profit from the price difference. But maybe if there are many bitcoin investors and it becomes more popular, it is likely that bitcoin will be more stable
As Bitcoin continue to mature, volatility is expected to decline but it is very likely retain some due to some of it's distinctive properties as well as it's role as a decentralized alternative to conventional fiat
Bitcoin volatility will always exist, because that is the character of the crypto market. Even if many people have adopted bitcoin, it is likely that whakes will continue to play their role in the market and make the price of bitcoin volatile so they can profit from the price difference. But maybe if there are many bitcoin investors and it becomes more popular, it is likely that bitcoin will be more stable
we could say that people's reluctance to not using bitcoin for everyday transactions can also be because of its volatility but as we talk about the future where bitcoin is adopted globally by the masses and used for everyday transactions, do you think that a time will ever come where bitcoin will not be volatile?
since bitcoin is decentralized and its value depends on the people who holds it, will there ever be a time where its volatility stabilize? are there any ways to stabilize its volatility?
If you’re looking for when the price of bitcoin will stabilize, then it would have to be when it’s not more an asset one can invest into, the one that has effects on the price base on demand and supply. Without this, I don’t think we can ever see a stabilized market for bitcoin. The volatile nature of it is what makes more people to show interest in it, whereby you can get to buy at a low price and sell at an higher price. If it becomes stable and only been used as a means of transaction only, then we will not see it as an investment to rely on for long time profit.
The question posed by the OP have been ringing in the mind of many Bitcoiners since the recent widespread adoption by different institutions in the world. Greater global adoption of Bitcoin off course is one of the factors that could reduce the volatility of Bitcoin but it'll surely not make it disappear.Bitcoin volatility will always exist, because that is the character of the crypto market. Even if many people have adopted bitcoin, it is likely that whakes will continue to play their role in the market and make the price of bitcoin volatile so they can profit from the price difference. But maybe if there are many bitcoin investors and it becomes more popular, it is likely that bitcoin will be more stable
As Bitcoin continue to mature, volatility is expected to decline but it is very likely retain some due to some of it's distinctive properties as well as it's role as a decentralized alternative to conventional fiat
Bitcoin volatility is part of the reason that has made it to have value, as investors are attracted to it because of the significant price change and returns. Just like you have mentioned if bitcoin price where to be made stable, it would not be attracted to investors anymore who are looking for high risk reward and opportunitiessince bitcoin is decentralized and its value depends on the people who holds it, will there ever be a time where its volatility stabilize? are there any ways to stabilize its volatility?The volatility in the price of Bitcoin will reduce overtime, but there can never be or come a time when the price will become stable like fiat currencies.
It is important we understand that Bitcoin's value (both it's general and monetary value) is tied to its volatility, the day the price of Bitcoin stops being volatile is the day it starts gaining stand as a currency for peer to peer transactions (that is, many people will start using it as payment for buying and selling), but it also will start losing alot of big investors since most people are investing in bitcoin solely for its volatility and ability to increase in value in a short period of time.
So in other words, we can assume or say that the price volatility is a blessing in disguise, and we shouldn't pray for it to stop.