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❓ASK Any thoughts on solving the price volatility problem for Bitcoin?

darshanitba

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I don't think that the volatility of the cryptocurrencies can be solved.Since the cryptos are online,there was always a fluctuation of their value.I think it might pass some times,till there will be a solution to it.
 
Well it would not be possible to solve volatility of Bitcoin. But still, you can use other stable crypto coins instead of it if you don't want volatility. Coins like TUSD, USDT...etc are stable and backed by fiat
 
I think many traders like the volatility of the cryptocurrencies market,because that is the factor,that is bringing many profit to them,if they apply the right trading tactics.I would like the volatility of the cryptocurrencies market,if I would be sure,that the value of the Bitcoin will be high again.
 
Well, I don't think that there can be any mechanism which will reduce the volatility in the value of Bitcoins. This question is coming into the minds of Bitcoin investors due to the considerable decrease in the value of Bitcoin in recent days. However, I believe that Bitcoin will eventually regain its value in the near future and again become an attractive option for investment.
 
I don't think that there is some procedure to stop the volatility of the cryptocurrencies.I think as the value of cryptocurrencies is decided by the number of buyers,the situation will stay the same in the future too.
 
The only way to stabilize the value of Bitcoin or any cryptocurrency is to create an economic system based on that. It should be used for transactions and there should be a free flow of bitcoins/crypto.
Moreover, we also need to take cryptocurrency to more and more people to create large cryptocurrency ecosystem.

If we look at the current situation, hardly 1% of the population are familiar with Bitcoin/cryptocurrency. It shouldn't be like that.
Moreover, Bitcoin is used more or less as an asset, like an invaluable artwork.
The value of the artwork is determined by its demand. The demand for Bitcoin was increasing until the beginning 2018 because many people wanted it but the holders were not ready to give them. This increased the demand.
Suddenly, many governments saw Bitcoin as a threat to their national money system/economy and began to take measures to restrict them. Many countries resticted banks and other financial institutions from dealing with Bitcoin.
Some other countries, including the US, planned to impose taxes on Bitcoin.
It created a panic in the holders of Bitcoin and they began to sell them. But this time, there was no demand. People were not ready to take a risk.

The major reason for the volatile nature of Bitcoin is the lack of uses or applications. This will change soon. Many companies have begun to offer uses or application for cryptocurrencies.

ECOINOMI is one such a company entered in the market this year. Its goal is to take cryptocurrency to the common people and create a large ecosystem of cryptocurrency.
They achieve it by offering several applications for cryptocurrencies so people would use them for transactions instead of holding them as an asset.
You can learn more about ECOINOMI on their website if you are interested.

http://ecoinomo.io

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Thank you for writing so many info about the volatility of the cryptocurrencies but I still think that this thing cannot be controlled.There have passed so many years and nothing has changed about it,I don't think it is going to change int he future.
 
We did enjoyed a period of relative stability in October and November (especially for Bitcoin price), until the "war" ruined it for us all. I just hope that this kind of war don't happen ever again. Though maybe volatility will be a part of crypto until it became widespread.
 
I was surprised to see how the price went down this months.I was expecting that the price will go up to 19,000 USD or so.Let's see what will happen in the next year to the price of the Bitcoin.
 
I was surprised to see how the price went down this months.I was expecting that the price will go up to 19,000 USD or so.Let's see what will happen in the next year to the price of the Bitcoin.
Dont be surprised, Btc has no entity or country. Its only had peoples that buy and use the cryptocurrencies.
When no one using it anymore it will become nothing.
Especially now, its Christmast and people need True currency to buy gift, etc.
But its still a trading assets, buy at low price and sell it when the price is high.
 
I was surprised because the priced dropped suddenly.In 2017,in December the value of the Bitcoin got very high.It has reached even 20,000 USD for a shorter period of time.I know the volatility of cryptocurrencies,but is still there is a question if the price of the Bitcoin will be back to 6,000 USD.
 
Dont be surprised, Btc has no entity or country. Its only had peoples that buy and use the cryptocurrencies.
When no one using it anymore it will become nothing.
Especially now, its Christmast and people need True currency to buy gift, etc.
But its still a trading assets, buy at low price and sell it when the price is high.

Curiously enough, currently Bitcoin price IS hiking due to the anniversary of last year's price jump to the moon. Hope this momentum could keeps going on to correct bitcoin price after that damned bitcoin cash hash war messed everything up.
 
I have read something about Bitcoin cash,but I didn't know that BCH had something to do with the drop down of the value of Bitcoin.I was thinking that the price of the BTC totally depends on how much Bitcoins are sold or bought.
 
Bitcoin price volatility cannot be solved, at least not by a person or by a group of persons. If you think every investment like bitcoin has a volatility, for some it's higher for others it's lower. That's the business, you can't change it
 
Bitcoin and cryptos are very tricky to stabilize because unlike fiat currencies, they are not regulated by governments. I therefore think that cryptos will always rise or fall depending on issues such as universal acceptance and other related factors. That said, I would be glad to see Bitcoin rise to new highs again.
 
The problem can only be solved is if the force of demand and supply is at equilibrium. Also if the volume of crypto currencies especially Bitcoin have unlimited supply.
 
I think many traders like the volatility of the cryptocurrencies market,because that is the factor,that is bringing many profit to them,if they apply the right trading tactics.I would like the volatility of the cryptocurrencies market,if I would be sure,that the value of the Bitcoin will be high again.
This is true, people sometimes like the thrill of waking to see that they can make very high profit from Bitcoin they bought previously at s low price. Bitcoin volatility looks like what will not go away for a long time
 
People who don't like the thrill are mostly people who bought Bitcoin at higher price, personally it is good the it fluctuate for people to be able to trade it .
 

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