STABILITY?
It has been long time ago since I made my answer to the question "when BTC gets more stable?" It depends on the market size ( Cap)
The whole crypto market is yet SO TINY today, in the global terms.
Once it will grow x10 times from today - it will become 10x time more stable.
And when it reaches 100x times from today - we will see the prices 100x times more stable.
As simple as that !
Sorry if this is an unwanted opinion. I feel that BTC and the rest of the crypto market will be back on track by Q3 of 2018. You can consider a number of unknown factors for these recent dips, including the few hacks that did occur to the big exchanges and people trying to sell off those coins. Hopefully BTC having tested the 5,000$ range and hitting the bottom at only 5,755$(Bitfinex markets) will give the push the bulls need. If today closes above 6,400$ I have a strong feeling it will follow to 7,000$ in a matter of days.
I don't think it ever will tbh.. Bitcoin was great, but I think the DPOS systems are more likely to blow up because they can scale without any 2nd layer. If you want stability or a hedge against the occasional crypto dips I'd check out Quintric. They're a gold-backed crypto backed by Stan Larimer doing some really cool things with accountability and tax benefits. They use Bitshares, have a livestream of the vault, and are considered legal tender under the law (no capital gains). Really cool. The Larimers have a reputation for making great technology, but maybe I'm biased. I think it's pretty self-evident though at this point.
STABILITY?
It has been long time ago since I made my answer to the question "when BTC gets more stable?" It depends on the market size ( Cap)
The whole crypto market is yet SO TINY today, in the global terms.
Once it will grow x10 times from today - it will become 10x time more stable.
And when it reaches 100x times from today - we will see the prices 100x times more stable.
As simple as that !
well said. same change on larger base gives less percentage change.
Sorry if this is an unwanted opinion. I feel that BTC and the rest of the crypto market will be back on track by Q3 of 2018. You can consider a number of unknown factors for these recent dips, including the few hacks that did occur to the big exchanges and people trying to sell off those coins. Hopefully BTC having tested the 5,000$ range and hitting the bottom at only 5,755$(Bitfinex markets) will give the push the bulls need. If today closes above 6,400$ I have a strong feeling it will follow to 7,000$ in a matter of days.
Not that I strongly believe this will be the scenario, but all you said @hunny100dev is quite possible too!
I don't think it ever will tbh.. Bitcoin was great, but I think the DPOS systems are more likely to blow up because they can scale without any 2nd layer. If you want stability or a hedge against the occasional crypto dips I'd check out Quintric. They're a gold-backed crypto backed by Stan Larimer doing some really cool things with accountability and tax benefits. They use Bitshares, have a livestream of the vault, and are considered legal tender under the law (no capital gains). Really cool. The Larimers have a reputation for making great technology, but maybe I'm biased. I think it's pretty self-evident though at this point.