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Topic: Cryptocurrency is a speculative business? (Read 254 times)

newbie
Activity: 47
Merit: 0
March 26, 2018, 05:44:15 PM
#25
In order to maintain compatibility, all users must use software that obeys the same rules. Bitcoin can work correctly only with full agreement between all users of the system.
hero member
Activity: 840
Merit: 502
It is true that some people are using bitcoin as speculative business and they are looking to this currency as the speculative item but it is up to the person own capability and the usage of the person like the people are using other currencies too for speculation and this is also currency so the youngsters are thinking about the shortcut for the become the successful so they are working for Speculation and gambling etc.
Those that are criticizing bitcoin as an a speculative business may be right because many people are using bitcoin only as a trading tool but if they are going to criticize bitcoin because of that then they will need to criticize all of the other currencies in the world and the Forex market, and of course they're not going to do that because they do not really care about that they only care to try to put down bitcoin so people do not adopt it.
newbie
Activity: 56
Merit: 0
The Crypto currency was given the status of "private money", that is, the rules of the currency are applied to it, but there is no regulation at the interstate level.
full member
Activity: 378
Merit: 100
It is true that some people are using bitcoin as speculative business and they are looking to this currency as the speculative item but it is up to the person own capability and the usage of the person like the people are using other currencies too for speculation and this is also currency so the youngsters are thinking about the shortcut for the become the successful so they are working for Speculation and gambling etc.
full member
Activity: 252
Merit: 102
Yes Cryptocurrency is a speculative business business. Bitcoin price rising and falling down only due to investor not any other reason. Other cryptocurrency  has the same position also. Only few crypto have success business behind them. Otherwise all Crypto is speculative business.
legendary
Activity: 1596
Merit: 1034
It's natural that cryptocurrency is called a speculative business because only a few people have so much bitcoin that the uneven ownership of bitcoin makes it very easy to inflate the price. That's why there is a need for a special regulation of bitcoin and its technology so that not only the billionaires who get big profits and stop the control of the market price of crypto by them.
member
Activity: 224
Merit: 10
At present most of the tokens of cryptocurrency markets looks more like a hype, so the recent sharp drop in is completely normal, but I think the bitcoin is still at a very low price, then the investment bitcoin might be a good choice.
hero member
Activity: 840
Merit: 502
The price of bitcoin is a bubble, bitcoin itself and it's usage is not a bubble in any term.
It's true that most of the people invest in bitcoin to make money, it's the same as people invest in stocks to make funds, speculators will be in any place that it's possible to make speculation.
You can also see speculators at Euro and USD trading pairs, the only difference here is that those currencies have an huge market cap and they can be controlled by governments, Bitcoin is still a new currency , but there are still some people who uses it because of it's features and not because of it being a speculative thing.

Many people make a lot of noise saying that bitcoin is a bubble and they use that to indicate that it is going to fail but how many bubbles have we seen in the last decades in the financial markets we saw the dot com bubble, the real estate bubble and those are the most famous but there should have been a lot more and yet no one will argue that we need houses to live in and computers to make our lives easier, so even if the price of bitcoin was a bubble for a time we will still use bitcoin in the future.
legendary
Activity: 3472
Merit: 10611
The Financial market globally barely leaves a chance to make money. Right now cryptocurrency is the opportunity just like frying fish.
not at all, if you understand what you are doing, you will be able to make money in any market and if you don't and if you are just gambling with your money you will lose it no matter which market you are in.

Quote
This lead to deficit in the supply of currencies and is hardly coping up with the rising demand in the market.
you say bitcoin then continue with saying "currencies". there is never any kind of "deficit" in the supply of altcoins, there is always more altcoins and there is always more of any altcoin because of their HUGE supplies. some of them like ether even have unlimited supply!!!

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the speculation keeps increasing and one day it burst.
it won't burst "one day", instead we have multiple bubbles which happen from time to time and they burst often correcting the market before it rises back up again and eventually forms another bubble which burst and the same thing be repeated.
for example bitcoin had at least 5 big bubbles so far, each bursting in time and after the correction price picked up and continued on its real course.
sr. member
Activity: 560
Merit: 257
It could be said yes that cryptocurrency is a speculative business with many ICO projects I think so, but now ICO advertising on google has been banned. Will this bring a bad impact on cryptocurrency or only on ICO projects?
member
Activity: 1041
Merit: 25
Trident Protocol | Simple «buy-hold-earn» system!
      Yes,cryptocurrency is a speculative business and i think everyone already know about it. Crypto is risky,volatile,inconsistent,rapidly change and full of speculations. When you do trading you always predict when the price goes up and down but you know this nature of cyptocurrency are very interesting and enjoyable. But if you invest and do trading always ready to take a risk.
sr. member
Activity: 448
Merit: 250
Cryptocurrency is really speculative at the moment. It is discussed more about the speculative property of encrypted money, and not too many people are concerned about the development of technology. It is believed that with the expansion of the community, the speculative attributes of bitcoin will continue, and the investors in the back will bear the bubble in it.
hero member
Activity: 994
Merit: 544
First and foremost we must understand the nature of cryptocurrency business. If we talk about business we are talking about money and income thus it needs a capital. Money matters is not simply a game, and since we talk about money its serious business. Cryptocurrency as a business means potential income or losses, thus, we must make sure to make a less risky bet when we invest on this one. Without basic knowledge instead of earning we will end up lossing.
hero member
Activity: 2576
Merit: 666
I don't request loans~
The Financial market globally barely leaves a chance to make money. Right now cryptocurrency is the opportunity just like frying fish. Trading in Bitcoin has recently exploded the market cap of all the cryptocurrencies, exceeding more than $600 billion. This lead to deficit in the supply of currencies and is hardly coping up with the rising demand in the market.
The rise in demand brings in new opportunity to create a speculative market as the growth is unlikely to continue at its current pace. Presently, cryptocurrencies have been using existing technologies, but it has an incremental value in the creation of this new revolutionary payment method. However, the cryptocurrencies are allowed a chance as it is adding value in terms of solving real-world problems with the help of its revolutionary invention of the Blockchain Technology.
The toxic concept of the investors is over shadowing the ‘speculative bubble’ which is beyond imagination. The reason why government are insisting to impose regulations on the trading of cryptocurrencies and other related by-products such as ICOs.
It is necessary to understand the technicalities of the blockchain technologies. People invest in a currency expecting to grow, the speculation keeps increasing and one day it burst.



Definitely, it may consider as speculative business because crypto world form of many speculation that came from different people in this business. But thru this kind of technology, we admit that a huge number of people was truly become success because of involving here. And I think the best way or powerful way for being one of the successful person to this field is to being much smarter and brighter in making decision, don't always base on others speculation, just we need to think much better then find a confirmation before we act.
member
Activity: 378
Merit: 16
at some points, I never did any speculation
because the speculation is just an opinion and I do not think it works so well for the crypto world
I prefer to save and sell
when a small profit, I immediately sell
when the big loss, I hold up to profit
full member
Activity: 588
Merit: 100
The Financial market globally barely leaves a chance to make money. Right now cryptocurrency is the opportunity just like frying fish. Trading in Bitcoin has recently exploded the market cap of all the cryptocurrencies, exceeding more than $600 billion. This lead to deficit in the supply of currencies and is hardly coping up with the rising demand in the market.
The rise in demand brings in new opportunity to create a speculative market as the growth is unlikely to continue at its current pace. Presently, cryptocurrencies have been using existing technologies, but it has an incremental value in the creation of this new revolutionary payment method. However, the cryptocurrencies are allowed a chance as it is adding value in terms of solving real-world problems with the help of its revolutionary invention of the Blockchain Technology.
The toxic concept of the investors is over shadowing the ‘speculative bubble’ which is beyond imagination. The reason why government are insisting to impose regulations on the trading of cryptocurrencies and other related by-products such as ICOs.
It is necessary to understand the technicalities of the blockchain technologies. People invest in a currency expecting to grow, the speculation keeps increasing and one day it burst.



Yes cryotos now is in demand for business because everyone has a higher expectations to bitcoin that helps and really gives a big profit if the price is expensive. High volatility of bitcoin is what investors waiting for. They are attracted to invest in bitcoin because of the higher price.Although bitcoin is in low price now,everybody is waiting for the next pump of bitcoin, that will explode for a very high price coming soon.
jr. member
Activity: 108
Merit: 2
The Financial market globally barely leaves a chance to make money. Right now cryptocurrency is the opportunity just like frying fish. Trading in Bitcoin has recently exploded the market cap of all the cryptocurrencies, exceeding more than $600 billion. This lead to deficit in the supply of currencies and is hardly coping up with the rising demand in the market.
The rise in demand brings in new opportunity to create a speculative market as the growth is unlikely to continue at its current pace. Presently, cryptocurrencies have been using existing technologies, but it has an incremental value in the creation of this new revolutionary payment method. However, the cryptocurrencies are allowed a chance as it is adding value in terms of solving real-world problems with the help of its revolutionary invention of the Blockchain Technology.
The toxic concept of the investors is over shadowing the ‘speculative bubble’ which is beyond imagination. The reason why government are insisting to impose regulations on the trading of cryptocurrencies and other related by-products such as ICOs.
It is necessary to understand the technicalities of the blockchain technologies. People invest in a currency expecting to grow, the speculation keeps increasing and one day it burst.



TL;DR YES
newbie
Activity: 68
Merit: 0
The Financial market globally barely leaves a chance to make money. Right now cryptocurrency is the opportunity just like frying fish. Trading in Bitcoin has recently exploded the market cap of all the cryptocurrencies, exceeding more than $600 billion. This lead to deficit in the supply of currencies and is hardly coping up with the rising demand in the market.
The rise in demand brings in new opportunity to create a speculative market as the growth is unlikely to continue at its current pace. Presently, cryptocurrencies have been using existing technologies, but it has an incremental value in the creation of this new revolutionary payment method. However, the cryptocurrencies are allowed a chance as it is adding value in terms of solving real-world problems with the help of its revolutionary invention of the Blockchain Technology.
The toxic concept of the investors is over shadowing the ‘speculative bubble’ which is beyond imagination. The reason why government are insisting to impose regulations on the trading of cryptocurrencies and other related by-products such as ICOs.
It is necessary to understand the technicalities of the blockchain technologies. People invest in a currency expecting to grow, the speculation keeps increasing and one day it burst.


But if this bubble does not break out, it will slowly digest it, which will allow the cryptocurrency market to develop sufficiently. The risk of ICO will cause many people to invest in careless losses, but if ICO is for many startup companies, this It is a good opportunity to raise funds.
newbie
Activity: 98
Merit: 0
With the price of a bitcoin reaching a record high above $ 10,000, more and more lay people are considering investing in crypto currency. The recent price spike, however, is accompanied by enormous risks. Investors should be prepared for the possibility that they could lose all their investment.
full member
Activity: 504
Merit: 100
It is true that investments want growth in their investment venues, and cryptocurrency is faster to experience increased growth compared to other stock markets.
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