Is bitcoin stable?

[bitcoin-shark 1928]

bitcoin is never stable, see it as a speculative tool, it can have moments of relative calm where its value varies slightly but also abrupt changes where it changes in value even by thousands of dollars in one night...

[Maroua 1159]

Bitcoin is not as stable as we want, but the price before was more than its price now, our wish is that the bitcoin price will return as it was, and we start investing again.

[Jessica Karren 1242]

I think bitcoin works independently, the fluctuation in the price of bitcoin is not much affected by external world factors as we have experienced in this Corona virus pendamic, yes initially it can create it's little effect on Bitcoin when the price goes dumps to 3k $ on 12th of March but then Bitcoin starts to recover and now it's price is nearly 8800$ and the virus is still on its peak. So I think Bitcoin always stands on its own.

[Upright 2688]

The bitcoin is never a stable coin in the Crypto markets history, as it's basically not a stablecoin as that of TUSD WHICH IS a stable Coin as the bitcoin is more than $1 and Its never stable. As the Bitcoin fluctuates on its price

[SuperCrypto 7193]

On 3/29/2020 at 11:27 AM, Kariuki said:

In the wake of the resent times we  have seen around here, there has been so many things that we have seen that sometimes work and sometimes they dont, then the crazy thing about this coronavirus came, and we are having trouble in the financial world, most of the coins have lost a lot, there is nothing to stand with them , so thats why am asking what is happening, is bitcoin standing on its own or is reliant on the financial traditional sector so  its important we understand this this is the only way to really stand and put together everything in it, why is bitcoin not standing on its own.

Since Bitcoin has a limited offer for that, it can maintain its value with the decline in the values of fiat currencies due to the inflation experienced by the traditional currencies, resulting from the Corona crisis as people have become preferred digital forms of financial exchange due to quarantine measures.

[Gaurav kumar 972]

Nothing is stable in this world. Every thing that that has a place or a value gets diaplaced or fluctuate at some point or the other. The same is with the cryptocurrencies and the most important one above them Bitcoins. This coins has suffered a lot but is regaining its spot again.

[kizz 3370]

Bitcoin is not stable, it varies all the time and it is hard to predict the value of it whether it will increase or not but I hope that the bitcoin will increase  in the future.

[koussai999 1986]

On 3/29/2020 at 3:27 AM, Kariuki said:

In the wake of the resent times we  have seen around here, there has been so many things that we have seen that sometimes work and sometimes they dont, then the crazy thing about this coronavirus came, and we are having trouble in the financial world, most of the coins have lost a lot, there is nothing to stand with them , so thats why am asking what is happening, is bitcoin standing on its own or is reliant on the financial traditional sector so  its important we understand this this is the only way to really stand and put together everything in it, why is bitcoin not standing on its own.

Indeed, the health situation has had a great impact on global economies at all levels of the world and had a great impact on the financial markets, including on the crypto currency markets and its negative impact

[Moaz 7239]

I think that the bitcoin currency is unstable most of the time and its price witnesses many fluctuations between rise and fall and this is what happened when the Corona virus appeared and its negative impact on the global economy, where the price of bitcoin fell to 4000 dollars