Do you think Bitcoin should be stabilized?

[Domithra]

Bitcoin becoming stable means one thing. It will lose the feature of generating income for holding for long term. Remember, it is because of the volatility nature of Bitcoin that it can make a giant leap from $6k to $20k. Lets also acknowledge the positive side of the volatile nature of Bitcoin.

[The Translator]

The key to crypto trading is to take advantage of the difference between the purchase and sale prices. So, how will we take advantage if the price of bitcoin or altcoin is stabilized. So in my opinion, bitcoin or other coins do not need to be stabilized because profits will be difficult to take.

[Crypto Guard]

For payments, I think there is no problem if bitcoin will be stabilized. But as an asset, bitcoin should not be stabilized because we know how the key takes advantage of bitcoin trading. We must take advantage of buying and selling.

[expander]

I personally don't like bitcoin being stabilized. Because we won't benefit from that. In my opinion, if bitcoin is stabilized and cannot be taken advantage of, people will no longer believe in bitcoin. Because as a payment system, bitcoin can't run properly.

[sampoerna]

If bitcoin becomes stable, it will be difficult for us to take the price difference from it. Bitcoin will be difficult to trade. But for payments, I agree that bitcoin is stabilized. And there is a possibility that stable bitcoin will be legalized as a global payment.

[Miftakhul2]

what makes them come to crypto is bitcoin instability, which is able to reap huge profits when prices rise, and buy a lot when prices go down, because they more often use bitcoin as an asset

[mlegend]

In my personal opinion. So now Bitcoin is trying as much as possible to stabilize the price well, even though it's very difficult to do now. At present, Bitcoin must work hard because of the drastic decline in market prices. Hopefully Bitcoin can handle everything and get more trust from Crypto users.

[keyz]

That depends on the needs. For investment, bitcoin does not need to be stabilized. Because taking profits at bitcoin can only be done by taking a price difference. Moreover, nowadays bitcoin is better known as an investment asset than payment. So, I don't agree if bitcoin is stabilized.

[Cryptoz]

I think that one of the most popular characteristics of the Bitcoin is its volatile. From the volatile prices, we can gain the profits, of course, with the smart strategy and wise decision in the right time. However, if this coin is stabilized, stable like fiat, I don't think that many more people will love investing in this. But, nobody knows what will happen in the future, especially for this possibilities.

[simplex]

Bitcoin should  be  stabilized  with  cryptocurrency  because  they  are  so  similar in  function  appearance  in forex  markets  however   currency  pair  relationships  almost  follow predictable  and well contained  movements  correlations exerting force to keep said markets stabilized.

[trofim21]

I would not want this to happen, because we will no longer be able to earn such huge money as today, but we all understand that sooner or later this will happen.

[aloever]

Right now the volatility is because of buying or selling based on news, events and enterprise support to these platforms. Stability is at least a few years (maybe even decades) away until either these platforms achieve commercial success in the world (boom) or crackdown by governments and regulations .

[marcsymons]

Bitcoin becoming stable means one thing. It will lose the feature of generating income for holding for long term. Remember, it is because of the volatility nature of Bitcoin that it can make a giant leap from $6k to $20k. Lets also acknowledge the positive side of the volatile nature of Bitcoin.

Sometimes i think that too much regulation is also not good that sometimes i think that maybe those illegal activities and the illegal people are the some reasons of why Bitcoin price pump up so strong before as these people will use Bitcoin to hide their dirty money but now that every country has its own strict regulations then these illegal are now neutralized affecting the Bitcoin price to declined too as the price is now stabilized.

[alfatih99]

it's true that bitcoin is very easy to jump and it can be very fast, and I think it's very good to hold bitcoin in the long run, bitcoin is very profitable.

[Bit]

If bitcoin price becomes stable, then the traders and investors have less chance to earn many profits. It can make people not interested anymore to invest in bitcoin. It should be avoided to keep the existence and popularity of bitcoin.