Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin's price stabilize someday?
by
Abiky
on 20/04/2022, 22:45:13 UTC
Even in the stock market that they are less volatile, they'll not even be stabilized how much more in crypto where it was known for its volatility nature. We can never expect this thing to happen, not I imagine that even let's say that it turns centralized. Once there is buying and selling, changes in demand and supply make prices move up and down as well which is an uncontrollable matter.

I know we can't tell the future of crypto but this is really the thing to happen and that being volatile remains forever. In fact, this is the reason why many have got an interest in crypto.

It's a good point. Stocks still have some level of volatility, even though they're much more stable than crypto itself. Anything that's traded on the market is prone to speculation and manipulation by people with big bucks to play with (whales). While Bitcoin's price may never stabilize, volatility will be reduced as regulations (and institutional investors) come into play. We already have stablecoins, so "stabilizing" Bitcoin's price should no longer be a priority.

What matters is how useful Bitcoin is (not the price per coin). As long as it works as intended, there should be nothing to worry about. Just my thoughts Grin