Topic: How can we make bitcoin's price only RISE and never FALL? (Read 4831 times)
I don't think we can make individual or collective efforts to ensure a consistent rise in the bitcoin price, because it is almost completely subject to the power of market and speculators.
I've been noticing the price usually periodically dropping. The price doesn't exactly drop significantly. Just enough to make people stressed and rather worried. I have always been in a position in which the price's increase has indeed always been a reward for people who truly believe in Bitcoin and care for its well being. It can be rather worrisome when you've placed $400 worth of BTC in your wallet for price increases, then the next day you find that you've lost about $50. Sure it's not a huge number but it's a number nonetheless.
What can we do to make it only rise and never fall? I have been meaning to have this question answered.
Actually this is interesting question regarding not only bitcoin, but economy in general. Fast answer, it is not possible to have continuous growth - it is not sustainable in the long run.What can we do to make it only rise and never fall? I have been meaning to have this question answered.
I am not sure if you know that crisis in economy act as cleaning wave. We can tell the same about stocks, commodities or general price fluctuation of speculative securities.
Price drop=micro crisis.
Bitcoin is not an exception here. When we are hoping that price of BTC will be only growing then we usually have exchange hack, rage quit of a developer or other random event crashing our hopes.
We can't foresee it, we can't predict it and we don't have any influence over the market to make it oblivious to these kind of stuff.
Human emotions play a big part on the rise and fall of the prices. Greed and fear are at the top of the list. Because it's human nature to want more, we always hope that the price continues to grow. But when the price has climbed too high, fear sets in and people would start selling so that they'd secure profit. That selling triggers the price to go down because the demand is lesser than the supply.
The price is always going to rise and fall based on supply and demand and due to good or bad news coming out. There's no way to make it just go up. You can use the dips to your advantage by buying a little every time it drops (if you have money available).
Blockchain debate talks about amending the large size of the bitcoin blockchain and the length of time it takes for confirmation - some say it could lead to the development of an altcoin, which of course will cause a fall in price of bitcoin.
First, we need to ask the question: Why does the price "FALL" and "RISE"?
Supply>Demand = "FALL"?
Demand>Supply = "RISE"?
Blockchain debate = "FALL"?
Reward halving = "RISE"?
Bitlicense = "FALL"?
Overstock adoption = "RISE"?
There are too many factors involved and I don't think we can make sure the price keep going up...
Supply>Demand = "FALL"?
Demand>Supply = "RISE"?
Blockchain debate = "FALL"?
Reward halving = "RISE"?
Bitlicense = "FALL"?
Overstock adoption = "RISE"?
There are too many factors involved and I don't think we can make sure the price keep going up...
The remaining all are better, But I want to know that why the price of bitcoin will fall with blockchain debate and wit bitlicense. are not they go in the favor of bitcoin?
i think ups and down is the nature of every currency either it is fiat currency or crypto currency, therefore it is difficult for a currency just to follow a sing direction,
Huh? theres nothing like that. Its impossible for price not to drop even a small amount. Fall is always there after a rise and rise is always there after a fall thats how price works, economy rather.
I think it is possbile for the bitcoin price to rise year after year if there is no big bubble. But it is difficult for it to rise day after day.
We can make the bitcoin to rise year after year if there is good mass adoption. But we cannot make it rise month after month.
I think so. The bitcoin price is volatile at the moment, or in the next few years least. When more people use it, it will be stable.
Huh? theres nothing like that. Its impossible for price not to drop even a small amount. Fall is always there after a rise and rise is always there after a fall thats how price works, economy rather.
I think it is possbile for the bitcoin price to rise year after year if there is no big bubble. But it is difficult for it to rise day after day.
We can make the bitcoin to rise year after year if there is good mass adoption. But we cannot make it rise month after month.
Huh? theres nothing like that. Its impossible for price not to drop even a small amount. Fall is always there after a rise and rise is always there after a fall thats how price works, economy rather.
I think it is possbile for the bitcoin price to rise year after year if there is no big bubble. But it is difficult for it to rise day after day.
Huh? theres nothing like that. Its impossible for price not to drop even a small amount. Fall is always there after a rise and rise is always there after a fall thats how price works, economy rather.
It is impossible to manipulate the bitcoin price at all. Every market in the world must have ups and downs and this is how trading working
well to be honest in my opinion it is really possible that people can manipulate the price, especially if they have a lot of money in their hands, with that they can do a lot if we convince to everyone about the benefit of bitcoin , if we spread the awareness of the bitcoin benefit then people interest to invest their money in bitcoin and if more people invest their money in bitcoin, then bitcoin's price only rise and never fall .
If there are big market manipulators, they can control the market price. The bitcoin price can fall a lot.
if we convince to everyone about the benefit of bitcoin , if we spread the awareness of the bitcoin benefit then people interest to invest their money in bitcoin and if more people invest their money in bitcoin, then bitcoin's price only rise and never fall .
You definetely need to find more demand in order to get the price to rise.
The daily emission is 1800 btc (quite small IMO).
As long as the demand exceeds the emission by high enough number, it eventually has to go up. If the demand is 2000 btc per day, the remainder 2000-1800=200 btc needs to come from the reserves of other holders. Thus, in the long run the coins will get redistributed in the manner that there will be no big whales and the tiny 200 btc excessive demand will boost the price up.
The higher the excessive demand, the faster the process.
What can a person living in Pakistan do to achieve this?
Start digital businesses (very low cost to maintain) that accept only btc and hold all the coins for the longest time and never sell. Thus, you build a bitcoin reserve for you that gets more valuable in the meantime.
The daily emission is 1800 btc (quite small IMO).
As long as the demand exceeds the emission by high enough number, it eventually has to go up. If the demand is 2000 btc per day, the remainder 2000-1800=200 btc needs to come from the reserves of other holders. Thus, in the long run the coins will get redistributed in the manner that there will be no big whales and the tiny 200 btc excessive demand will boost the price up.
The higher the excessive demand, the faster the process.
What can a person living in Pakistan do to achieve this?
Start digital businesses (very low cost to maintain) that accept only btc and hold all the coins for the longest time and never sell. Thus, you build a bitcoin reserve for you that gets more valuable in the meantime.
We can make the price of bitcoin to rise high and never drop down, only when we use bitcoin for all of our purchases and all of our transactions etc, in simple we have to use bitcoin for our daily use as a normal currency so it will be a global currency.
That is what I am doing at the moment. I use the bitcoin to buy some goods online. But just not enough.
We can make the price of bitcoin to rise high and never drop down, only when we use bitcoin for all of our purchases and all of our transactions etc, in simple we have to use bitcoin for our daily use as a normal currency so it will be a global currency.
It is impossible to manipulate the bitcoin price at all. Every market in the world must have ups and downs and this is how trading working
Why should we want to manipulate the price like this. I honestly don't understand the benefit of this. It's not a normal thing to do when you are dealing with an asset.
Best way to let it go is to let the market decide the price and benefit from there.
Best way to let it go is to let the market decide the price and benefit from there.
nothing can be done about this, the supply and demand will determine how the price change at any time.
also you shouldn't overlook the power of hype and fud on the price.
also you shouldn't overlook the power of hype and fud on the price.
I basically agree. I think it is pretty funny to keep reading how the price will never fall when people become aware that there is a scaling issue. Anyone who is not aware of that issue at this point would probably not be concerned with it anyway. I think there are MANY who simply believe that it will be worked out one way or the other and that this asset is currently undervalued based on its enormous long term potential.
the scaling issue is not a serious issue at this point and also the issue is known and developers are working on it so there is no reason for panic and any kind of effect on price!
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