will bitcoin ever not be volatile?

[bitterguy28]

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?

[Charles-Tim]

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.


Bitcoin is decentralized but that is not the cause of its volatility. There are many altcoins that are centralized and are more volatile.

Let me make it more solid. There are stocks that are completely centralized but the price of the stocks are not stable but volatile.

[target]

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.

Seem an impossible to happen unless governments will ban BTC that only them can use.

[milewilda]

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?

Now 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.

[Findingnemo]

Bitcoin has always been this much volatile and to be precise it was more volatile before but now we see the big difference due to the fiat value.

People doesn't want to spend Bitcoin for two reasons.

1. They know that Bitcoin is going to increase in the future so why spend now, just hold and have better future.

2. The places we can spend Bitcoin is very limited even after all these growth.

[|MINER|]

First of all we have to know that bitcoin is not a stable coin so bitcoin will always have the volatile market.

And since Bitcoin is considered a trading and investment asset, if its highly volatile market price is not sustained, most people are likely to turn away from it. However, even if the volatility value decreases slightly according to the record because the adoption rate will be higher in the future, its volatile condition will still be considered highly volatile in the market. So there is no chance that ever the bitcoin will not be the volatile.

[bitterguy28]

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.

Seem an impossible to happen unless governments will ban BTC that only them can use.

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

is there any way for the government to make bitcoin stable? i do not think so and i can't think of any way

[omori]

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.

Seem an impossible to happen unless governments will ban BTC that only them can use.

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

is there any way for the government to make bitcoin stable? i do not think so and i can't think of any way

It's about profit and prestige, the "crypto capital of the world", as they call it 

[Fivestar4everMVP]

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.
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.

[memehunter]

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 ).'
Volatility will always be there but it will become less and less as the adoption of BTC will increase. 

[tequilla_sunset]

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 ).'
Volatility will always be there but it will become less and less as the adoption of BTC will increase. 

Agreed.

Bitcoin will become more and more stable in that regard as time goes on. That's obvious to see the difference between the cycles we already had and how BTC reacted during this time.

[Aanuoluwatofunmi]

Bitcoin will always be volatile and that is where both the market demands and supply comes in to give how volatile the market could be at a particular time, for us to have an entry, invest and make profits, we must understand the same way or pattern this volatility works, the same way you will discover about so many other investments assets as well as digital currencies, on how volatile they have been for a while and till now remained the same.

[joniboini]

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

I 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 way

They 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.

[Hamza2424]

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?

Bitcoin and every other real decentralized market is going to be volatile always as it's a free market or should I say open market where anyone can sell or buy anytime. But It won't be like the volatility we have now.

In the future due to the more reliability factor and store of value factor with Bitcoin, it's going to be less volatile but the volatility is not gonna be dead anytime.

[hugeblack]

This is not true. Otherwise, the daily volume of Bitcoin traded wouldn't be larger than the amount being mined. Bitcoin would have to be spent, whether to purchase electricity for mining equipment, pay household/college expenses, or even buy a cup of coffee.




The reason for this is that, for example, if you buy a cup of coffee for $5, which is equivalent to 0.000059 BTC, if the price of Bitcoin reaches $1 million in 10 years, its price will be $59. Inflation would then make a cup of coffee cost $15.