Why is bitcoin stability important?

[tervel]

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.

[Jamal Aezaz]

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.

[Anonylz]

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.

[AllSii]

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.

[Master107]

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.

[doc]

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.

[AllSii]

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.

[Dbc23]

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

[legend45]

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.

[mlawson71]

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.

[vegasus]

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

[pacar_tiri]

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.

[msz900]

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.

[jessie_hendrawan]

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?

[mlawson71]

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!