If bitcoin prices remain the same until next year, will it be good for the crypt - page 11.

Impulseboy

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Quote from: mk4 on October 03, 2018, 08:31:27 PM

A bit of stability is good in my book as it makes mechants probably want it more, as I assume one of the reasons some merchants don't accept BTC is because of the huge price volatility.

I agree. Whether we admit it or not, buying bitcoin alone requires a lot of money. Money that not a lot of people cannot often afford, but maybe with a lower, stable price it will reel them in?

Quote from: jameswell on October 03, 2018, 08:41:44 PM

I am willing to buy more at $6,000 or below, and the Bitcoin with a stable fiat price would make itself become more like a "stronger" currency and harder to manipulate.

If the price stabilize at $6000 do you think that it will attract more people to start buying bitcoin? Although, what about when the price rise up again?

EdenHazard

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Quote from: Impulseboy on October 03, 2018, 08:20:12 PM

Bitcoin prices are still the same these days and it does not seem like it is moving up. At least not as high as everyone anticipates. If the price remains the same until next year and it stabilize at around $6000, do you think that it will be good for the crypto world or not? Say it does not go down below it, but it also still does not go higher than that, what do you think will be the repercussions to the market?

It would be happen in the next few years then bitcoin would be a digital asset, some people will see bitcoin like gold right now. So as they will feel comportable to have it cause the volatilty of bitcoin price is not there. Until now, many people who were afraid to save their money in bitcoin cause the price is always falling and rising dramatically. And also, bitcoin will be made as a payment system, everyone will not have more expectations for the future of bitcoin prices, who already been said by many people bitcoin will have a price of $ 100,000 and so on.

vv181

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Well, isn't it what everyone expects? Significantly reduce the volatility. I believe it will do more good than harm. Bitcoin stabilizing will make adoption comes, as an example, many merchants will happy about it. However, that scenario won't likely to happen since cryptocurrencies are still at an early age.

bitcampaign

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even it's not the lowest price of bitcoin, but I think it will drop again below $ 6,000, whether it will go to the $ 4000 floor wall to get other support, so let's see it next year

FlightyPouch

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Quote from: Elqui on October 04, 2018, 06:07:11 AM

We all still dont know if its okay or not, we all can’t tell because it’s better not to mind it at all and just be surprised the prices just goes up.

We don't know what will happen but we can create some predictions based on the previous Bitcoin prices annualy. If we will be basing the price there, we will be ensuring a great price and far more higher than the current Bitcoin price. But as I've said, it is just a prediction, we still don't know what will happen.

oppasong

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if the crypto price will remain at $ 6000 then this is very influential on the market considering that all crypto users and big investors really expect bitcoin to go up as it did before and this will certainly be one of the things that is very worrying for everyone who has done investment, especially investment is made into a long-term investment, it will take a long time to make a profit.

conected

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Quote from: 1NV3ST0NM3 on October 04, 2018, 06:36:46 AM

Whatever the price of the bitcoin is, it is going to have a bearing on the crypto market. And there are many anticipations for the price of the bitcoin may rise the next year. But of course I don't think the price of the bitcoin is going to stabilize or fix at one place. It is going to fluctuate over a period of time. And fixation of the bitcoin price is not going to do any good to anybody, so there's no point in discussing this thing at all.

- Yes, the demand from the market is constantly changing, which makes the price of bitcoin will not stop at one point, it will convert over time, therefore, the price of bitcoin remains unchanged till next year is really a difficult story. And one thing I want to tell you is not at any price, bitcoin is always attractive because at the present price, many people feel depressed, and if bitcoin continues to go deeper and produce lower prices, this market will soon return to its early days, low market capitalization and few investors

St4yInTh3D4rk

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There is some positiviety and negativity if the prices were stayed at $6000 in next year also,the positiveity is that when the prices were stable for too long then the people will accept bitcoin as form of payment since now the merchants were afraid of volatility when they accept them but the negativity is the mining cost,already lot of miners were not getting any profits from bitcoin mining so if they stop supporting it then it will put a big question mark for the future of bitcoin.

CodyAlfaridzi

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Quote from: Impulseboy on October 03, 2018, 08:20:12 PM

Bitcoin prices are still the same these days and it does not seem like it is moving up. At least not as high as everyone anticipates. If the price remains the same until next year and it stabilize at around $6000, do you think that it will be good for the crypto world or not? Say it does not go down below it, but it also still does not go higher than that, what do you think will be the repercussions to the market?

I'd say it's good. I rather have a stable, slow rise than a volatile move up or down. I don't like sudden huge price increase because it's mean Bitcoin is in a bubble, the rise in price during that pump isn't caused by development but people FOMO buying. It has been happening many times, both the 2013's $1,000 and 2017's $19,000 are followed by a huge drop. That's not healthy in my opinion.

Another reason why I like a constant price is I could accumulate more before we're having another major leg up. I really want to have several BTC in hands before another big pump is coming or I could never afford it at all.

yurekaa

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in my opinion it will be fine. because crypto values are able to be maintained and remain constant. however, it is very unlikely that crypto prices will be the same as today in the next year. crypto prices easily rise and fall due to various factors. My prediction, crypto prices will be a little better next year because crypto users will increase and demand factors will increase.

happy weblancer

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The only reason for the increase in the price of any altcoin is the popularization of the platform on which this altcoin works or the altcoin itself. And the reason for the increase in the price of bitcoin is the popularization of cryptocurrencies in general. Because the purchase of any crypto currency begins with the purchase of Bitcoin or ETH. At the end of 2018 - at the beginning of 2019, the maximum number of projects that carried out ICO in 2017–2018 should be implemented. Consequently, prices for altcoins should rise.

Vladislav2306

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In this case, BTC can be a good mean for paying bills, because it lost its volatility. I don't think this scenario will be. Today market is very speculative and whales will want to continue earning money...

bitcoinVPSD

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This is a stable price this year, I think if this situation lasts until next year, investors will invest in short-term will move to long-term investment. And that is not a good sign since it does not attract much new investment from investors. We want bitcoin prices to fluctuate more to make more profit.

boyptc

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Stop worrying about the price if there's no movement. You are missing the part that this is your precious chance to buy more while its not moving to your expectations.

Whether it moves up or down, people do really have something to say.

1NV3ST0NM3

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Whatever the price of the bitcoin is, it is going to have a bearing on the crypto market. And there are many anticipations for the price of the bitcoin may rise the next year. But of course I don't think the price of the bitcoin is going to stabilize or fix at one place. It is going to fluctuate over a period of time. And fixation of the bitcoin price is not going to do any good to anybody, so there's no point in discussing this thing at all.

bitterdog

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Quote from: Impulseboy on October 03, 2018, 08:20:12 PM

Bitcoin prices are still the same these days and it does not seem like it is moving up. At least not as high as everyone anticipates. If the price remains the same until next year and it stabilize at around $6000, do you think that it will be good for the crypto world or not? Say it does not go down below it, but it also still does not go higher than that, what do you think will be the repercussions to the market?

I think it will be better for bitcoin if they show some movement in their price, if the price remain the same in the next year it doesn't mean that bitcoin is failed, but it will make the progress of bitcoin is gone. It means that the price is going to stagnan.

gantez

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If price stabilize at $6,000 and around it, it means volatility has been reduced and it will also be seen as fiat money, this will attract haters to want to invest their money. It will also be good for altcoin because their won't be much chase, the market will be calmer. I believe ETF can be considered then too.

Quote from: Impulseboy on October 03, 2018, 08:20:12 PM

what do you think will be the repercussions to the market?

I think the repercussion will be good for the market because it will chase away the fast money investors. That is, those investors that are impatient for majority time, they invest today and they want to take profit tomorrow. Grin

bebekangsoo

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stagnation will tend to decrease prices, this should not happen continuously, unless the user is already wide enough and bitcoin is active in public business, there is still a lot of development to do and with price increases, the value will grow with the connotation of various new investors every year .

It's not time for bitcoin to become stagnant at this time, too fast and will end with a downward trend in prices.

rodalutor

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Quote from: Red-Apple on October 04, 2018, 05:59:48 AM

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Quote from: odolvlobo on October 04, 2018, 12:48:29 AM

A steady price would be a best case scenario for Bitcoin; however, it would also indicate that adoption has stagnated, which is bad at this point.

Got a point. Todays market is better to be volatile than to be stagnant because probably there will be no people to engaged to cryptocurrency if it happens. But it is okay to be steady if people all around the world will use it and this is a good indication for it to become a currency.

with bitcoin we want people to engage it as a currency not as an investment so being stable is actually a good thing for bitcoin because it helps it be an even better currency than it already is.
what you are talking about only concerns altcoins that people purely engage in as an investment so if they become stable it is the death of them.

We don't want a stagnant price or a volatile price, the best is a stable and steady increase in price. That way bitcoin can still be used as a payment instrument but it also means that adoption is steadily increasing. To answer the question though, staying at 6000 for the next period of time wouldn't be too bad of a scenario. It would mean adoption would increase and investment may increase as people see it as a safer steadier investment.

Elqui

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We all still dont know if its okay or not, we all can’t tell because it’s better not to mind it at all and just be surprised the prices just goes up.

Topic: If bitcoin prices remain the same until next year, will it be good for the crypt - page 11. (Read 1804 times)