If bitcoin prices remain the same until next year, will it be good for the crypt - page 13.

Slow death

legendary

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Leading Crypto Sports Betting & Casino Platform

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

do you think that it will be good for the crypto world or not?

Well, it's hard to say if it will be good because people are accustomed to large price increases, so seeing $ 6000 for a long time can create the feeling that the price will never come out of the $ 6000 so they should sell and give up on cryptos.

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

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

if we talk about repercussion, I think it will not be a big deal, only a few people will abandon the boat

jameswell

member

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I think if the price stays at $6,000 for a period of time, it definitely is not bad.
It was too crazy last year when the prices increased by almost 20x from bottom to top.
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.

mk4

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Well, if the market decides that bitcoin is worth $6000(for a few years at least, I doubt it though), then I'm fine with it. 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.

Impulseboy

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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?

Topic: If bitcoin prices remain the same until next year, will it be good for the crypt - page 13. (Read 1804 times)