Would Bitcoin be able to be a Stable coin?

[Kate]

Bitcoin a crypto that is not well known in the crypto community but known in the crypto community because it's one of the major coins. So we all know the fall that Bitcoin took and that was a great one from around 20,000$ to 10,000$ to 6000$ and now it has again dropped to 5,200$. That is a major fall which caused other altcoins to also take a bit or a lot of the price fall.

This all price falls wouldn't have occurred if Bitcoin became a Stable coin some of you might think. So how many do think that Bitcoin could be a Stable coin and how many doesn't ?

Well for me i personally am on a 50-50 basis more like 60-40. 60% It cannot and 40% it can be a Stable coin. So let me explain the 60% first , Bitcoin wouldn't be able to have a Stable price since it is considered as an Investment by most of the people who come into crypto so thus every Investor looks one or the other way to get the Investment for as cheap as possible thus reducing the price of Bitcoin in the market. Now the 40% side , Bitcoin can only be a Stable coin if the opposite of what i told happened where the investors thought they were buying some online account for the same price at all times ( for eg : Bitcoin stays at 7000$ all the time ) so they can sell for the same price they bought.

[williamshennie9]

I think it will become stable in the long run, once the supply and demand have equalized. That way, price fluctuations will be at a minimum.

[KiXxnTRiXx]

With so many new coins coming out, i think it would be difficult for any coin to be stable honestly. Even money today are always changing in value, not as crazy as cypto, but its always changing. But maybe, anything is possible after all.

[CaptainLorca]

Compare it to Fiat. Every currency has its value. And the rest goes along with it.

like in Germany: You make 2000€ cash on your bank account. Living space (speaking of an expensive city) 1000€ (60squaremeters). Good for a single round about 200€, if you don’t be too picky. Insurances 50€-300€ (depending of what insurances you choose and have). 500€ to waste.

you see the following: Everything seems to be a little fitting to it. Everything is related to euro which gives some kind of stability.. before the Second World War everything went down the drain. The so called „Reichsmark“ was implemented in the economy like the euro today.

ironic if you think that bread was like 10,000 Reichsmark and nowadays a bread takes like 1,50€.

not a single currency is stable. Fiat benefits from being implemented in the society to its fullest. Which also means that every currency has this ability. 

But this means also be regulated and defined by the market. The only difference is that people bought in cheap and got lucky when the value increased. There was no further market attached that goes with that value like Fiat. With this BTC became a trading object and this object can die without harming the majority of population.

if it was attached to the economy like Fiat, this whole debate was about the ability and not likeliness. 

As long as Crypto’s stay a trading object, it will never be stable. It’s not hooked to the rest like Fiats.