BTC is a roller coaster - page 29. | Bitcointalksearch.org

upsidedown75

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Quote from: fabrizoc on October 24, 2017, 08:22:54 AM

Quote from: Rooster101 on October 22, 2017, 09:33:51 AM

Yes, it's been like a roller coaster ride that travels in an upward manner. The up and down behavior of bitcoin price is attributed to its highly volatile nature and many traders counter it with sell high and buy low methods in trading. But there are many factors that triggers the volatility of its price. Many events that will affects bitcoin will result in rising or falling of its price.

To some aspects it is really like roller coaster because its price goes down a bit and then it start moving toward upward but it has no endpoint one who just come to this ride this coin will fascinating his profit toward the maximum level and now bitcoin is not affects by events because its riders totally understands it that if it goes down it will surely go up and this is it quality that it gives favor in both.

Well, that is the way the market is and it cannot be controlled. Every currency is basically like that if you look at the forex market and the volatility is normal except that the government finds a way to control fiat whereas cryptocurrency is mainly just controlled by the users based on the supply and demand for it.

As long as there keep being a support for it and it keeps staying relevant with its values, you will always see someone to buy once it goes down.

mickeybuddy27

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Quote from: julzcoinbit on October 28, 2017, 11:57:26 AM

Quote from: appleffi on October 28, 2017, 11:42:18 AM

I bet to disagree because the way I see the Bitcoin trend chart, it is now going all the way up, and though it falls down sometimes, its falling movement does not hit the floor too hard, its just a mere conditional movement from which we can call a normal scenario in the market. It can't no longer be compared to a roller coaster because I believe it will continue to rise even more as time goes by.

Bitcoin indeed is a roller coaster because there is no stability for the price of bitcoin and it is always up and down and the only thing that we can do is either give up or enjoy the ride of this roller coaster price. If you just hold your bitcoins and buy some more when the price dips then you already made a profit of it

Right. Bitcoin price sometimes down which the time for you to hold and sometimes high which time to get profit. There is no stable price. Like in roller coaster you feel excited in the beginning and have fun of it but feared to fall when going down. Wanted to stop it when it is on the top to feel the beauty that can't see when you are at the bottom.

plaintiff77

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Quote from: julzcoinbit on October 28, 2017, 11:57:26 AM

Quote from: appleffi on October 28, 2017, 11:42:18 AM

I bet to disagree because the way I see the Bitcoin trend chart, it is now going all the way up, and though it falls down sometimes, its falling movement does not hit the floor too hard, its just a mere conditional movement from which we can call a normal scenario in the market. It can't no longer be compared to a roller coaster because I believe it will continue to rise even more as time goes by.

Bitcoin indeed is a roller coaster because there is no stability for the price of bitcoin and it is always up and down and the only thing that we can do is either give up or enjoy the ride of this roller coaster price. If you just hold your bitcoins and buy some more when the price dips then you already made a profit of it
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Well in my own point of view, using bitcoin is like riding in a roaler coaster. Because of its exchanging value. It is more likely of inflation. It rises and it falls but most of the time it rises which is good since bitcoin nowadays dominates the society for its high exchange rate. Its a blessing indeed since we earn big although it falls sometimes.

Jgatsby

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Pretty kewl right?

I think its quite normal for Bitcoin's value to be like a roller coaster, after all its volatile/erratic in nature, we all can't predict whether or not it will go up or down and when, but I believe it what makes the BTC really good, its volatility, all of us can take advantage of it, whether big investor or small one.

frowsiter

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Thats because the prices are volatile for bitcoin. There is now way bitcoin can get stabilised as the market is decentralised and hence investors are making moves which are sometimes very giant and sometimes very negative. This will off course disturb the market in bad way sometimes and it might be good enough to hold it upwards at other times. This is important to happen so that crypto economy can sustain the market for long time and we can gran the profits from it.

flower1024

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Quote from: gabmen on October 29, 2017, 10:36:17 AM

Quote from: sheenshane on October 29, 2017, 08:10:03 AM

Yeah its true the price value of bitcoin is like an roller coaster just up and down but when goes up doubled when low. But if you look up the graphic shows last few years zigzag motion up and down but its going more up than down. Much better hold for long term and forgot sometime after a year you amaze the price on the market.

Anything that's as volatile as bitcoin is a rolller coaster. And right now we're actually enjoying a very good ride with even the dips becoming an opportunity to make more money. Enjoy it while it lasts.

Yes in the ride now it is going up so we can sit without any fear but once it comes down fear will start. whenever it comes down don't get panic wait for some time again it will go up. OP is 100% right bitcoin price is like roller coster since last few months. i think people are enjoying present ride.

gabmen

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Quote from: sheenshane on October 29, 2017, 08:10:03 AM

Yeah its true the price value of bitcoin is like an roller coaster just up and down but when goes up doubled when low. But if you look up the graphic shows last few years zigzag motion up and down but its going more up than down. Much better hold for long term and forgot sometime after a year you amaze the price on the market.

Anything that's as volatile as bitcoin is a rolller coaster. And right now we're actually enjoying a very good ride with even the dips becoming an opportunity to make more money. Enjoy it while it lasts.

sheenshane

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Yeah its true the price value of bitcoin is like an roller coaster just up and down but when goes up doubled when low. But if you look up the graphic shows last few years zigzag motion up and down but its going more up than down. Much better hold for long term and forgot sometime after a year you amaze the price on the market.

Ajinomoto40

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Quote from: timmyzhl on June 18, 2017, 05:04:34 AM

Just received reminder bitcoin dropped a lot, the price of the last week is very unstable, leading to other competing currencies continued to fall, there is no bottom line of that kind of fall, I would like to ask you tycoons on how to look at the future market?

You can compare the value of bitcoin to a roller coaster but still you should consider that there are more rise than lows when it comes to the value of bitcoin. So if you are going to look at the future market, you should look at it positively and you should not be afraid anymore on risking much knowing that there are more rewards waiting than failures. Failing is also a part of success so you should not be afraid of it every time.

Spontebob

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Quote from: timmyzhl on June 18, 2017, 05:04:34 AM

Just received reminder bitcoin dropped a lot, the price of the last week is very unstable, leading to other competing currencies continued to fall, there is no bottom line of that kind of fall, I would like to ask you tycoons on how to look at the future market?

You should not be surprised with this anymore because we all know that the value of bitcoin is volatile which means as the demand of it in the market change over time, the value will too. If you are preferring with other cryptocurrencies, the chances that the value of those will rise is not the same with bitcoin so it would be very efficient if you are going to invest with bitcoin as long as you are aware of the things that are happening on it.

meldrio1

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yes bitcoin is like a roller coaster up and down but we should not panic selling when bitcoin huge dump just keep holding the price will go up again.

Siopao

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It have been one of the interesting factors of bitcoin, the value volatility. It's price is being determined by the supply and demand in the market, and it have been that way eversince bitcoin started. However bitcoin have been in the market of digital cryptocurrency and have been leading for a long time so even the fact of value fluctuating like a roller coaster it has been leading the market of digital of cryptocurrency.

Adioliver

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Quote from: timmyzhl on June 18, 2017, 05:04:34 AM

Just received reminder bitcoin dropped a lot, the price of the last week is very unstable, leading to other competing currencies continued to fall, there is no bottom line of that kind of fall, I would like to ask you tycoons on how to look at the future market?

Whoa you just found the perfect phrase to represent the ups and downs of the bitcoin value"BTC is a roller coaster".Yes it is like a roller coaster it's value goes up and down during the journey.Its up to us whether to hold tight and take risk while enjoying the ride or to give up and never try the roller coaster.And yes the future of bitcoin seems to be very bright as we can see the graph of the value of bitcoins has always been rising year by year even though it falls during the journey.

ipanks

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bitcoin price is like a roller coaster and we see the price is up and down in any time and it seem many of us can take their profit when they are traded bitcoin-usdt. i think we can reach profit from this and i think with the changing of the price, we can analyze to buy and sell bitcoin and then we can expecting to get profit. there are many times in a day for the price changing and we can use this opportunity to make our own profit.

Akash1243

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Yes I agree with you, bitcoin is a roller coaster it price goes ups and downs very fast and is very unpredictable but bitcoins are great for long term investment because no matter how down the bitcoins falls, it always recovers from the drop with a high rise in price.This year only it has risen from $900 to $6100 which is amazing even for bitcoins.In bitcoins always buy at low and sell at high or hold them for as long as possible to earn profits.

zidanw

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1xbit.com

Bitcoin is decentralized, if you want to see future market enough with demand, it also causes why bitcoin prices fluctuate like roller coaster, so you need to know what causes the demand to rise or fall.

yamortsac

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Yes indeed that the bitcoin price is like a roller coaster ride, the price will go up and down. But even it is not stable many is interested to invest in bitcoin because like a roller coaster ride, the going up and down makes it enjoyable and interesting.

shadowdio

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Zawardo

well you know bitcoin its going up and down its normal for bitcoin but at the end of the day it will going up and we don't know what price will stable, Is good to invest bitcoin because bitcoin is getting popular nowadays I expect next year that it will pump up the price.

Juliedarwin

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Quote from: Fortify on June 18, 2017, 05:56:13 AM

Bitcoin is like a rollercoaster and it is currently at the top, this should lead most people to conclude that a drop is due before it continues the upward trend overall. When it is swinging hundreds of dollars in a day, taking it as an investment is pretty much gambling like poker.

Bitcoin is like a roller coaster.. It is rolling up and down. That's why it's like the bitcoin, sometimes the value became high and low. It depends upon the value of the price how it's movement.

raven7886

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Quote from: Chachacoin17 on October 27, 2017, 07:04:01 AM

Quote from: timmyzhl on June 18, 2017, 05:04:34 AM

Just received reminder bitcoin dropped a lot, the price of the last week is very unstable, leading to other competing currencies continued to fall, there is no bottom line of that kind of fall, I would like to ask you tycoons on how to look at the future market?

Bitcoin will always be volatile. And it is very hard to control. But because of its volatility, people see it as an opportunity to gain profit from it. There will always be ups and Downs but the trend will be increasing. Let's just enjoy the ride
.

Every currency is volatile. As long as it is totally based on the law of supply and demand it will remain volatile. The only difference is the volatility level which for now it is still pretty high as any little FUD can cause a huge ride down and vice versa.

Most new investorsaint certain, some don't even understand what it entails and which is why we see huge drops sometimes. However, a time will come when there is just that belief that bitcoin is here to stay and nothing can stop it, and then we will end up seeing some stronger support for use not to experience huge crash from FUDs.

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