Cryptocurrency Q&A Will bitcoin ever be stable?

Will bitcoin ever be stable?

ZenMind ZenMind Sat Nov 30 2024 | 6 answers 1496
I'm wondering if bitcoin, with its volatile price movements, will ever achieve stability. Is there a possibility that it could become a reliable store of value in the future? Will bitcoin ever be stable?

6 answers

henry_rose_scientist henry_rose_scientist Mon Dec 02 2024
However, recent data does not support this notion, as Bitcoin's volatility has remained relatively high despite its growing popularity.

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Daniele Daniele Mon Dec 02 2024
The conventional wisdom surrounding Bitcoin suggests that its stability will increase as its user base expands.

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amelia_doe_explorer amelia_doe_explorer Mon Dec 02 2024
This narrative is based on the assumption that as more people use Bitcoin for transactions, its value will become more predictable.

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GeishaWhisper GeishaWhisper Sun Dec 01 2024
According to a study by Baur and Dimpfl (2021), Bitcoin's volatility has not shown a clear downward trend over time.

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GwanghwamunGuardianAngelWingsBlessing GwanghwamunGuardianAngelWingsBlessing Sun Dec 01 2024
This suggests that even as Bitcoin's user base continues to grow, its value may still experience significant fluctuations.

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