Post
Topic
Board Bitcoin Discussion
Re: When Bitcoin will become stable currency?
by
Wend
on 23/05/2023, 13:42:45 UTC
Bitcoin may become significantly less volatile in the future when its price rises well. This does not mean that its price will no longer rise, it will continue to rise, but this will happen without big fluctuations, there will not be a strong increase and a strong fall.
If, at the same time, bitcoin is not interesting for investors for speculation, then it may become interesting as a means of payment, and I will be very happy about this. But I think that many investors will still buy bitcoin because it will be a stable asset that will grow and save money from inflation.

But why will it become stable in the future? People won't just stop trading it. More people will invest in it, more people will short it etc. And I don't see that this trend will change any time soon. That's why I don't see bitcoin as a payment method in the future.
The cryptocurrency market will become uninteresting for investors if it is relatively stable in its price. But this cannot happen, because due to its decentralized nature and the unregulated nature of this market, prices will always change almost every second and no one will be able to stop this process. Bitcoin and other cryptocurrencies will always have high price volatility and this is what sets the crypto market apart from other markets.

Stability here means that as bitcoin gets bigger and the market is regulated, it will be stable and less volatile, like the stock market.
One more thing that I see many people are still confused about is that the crypto industry is not decentralized, only bitcoin is the only decentralized currency. All altcoins are centralized and are not too difficult for the government to manage. Many governments have drafted regulations for cryptocurrencies, I believe that in the near future, we will face many difficulties that governments cause.