If bitcoin prices remain the same until next year, will it be good for the crypt - page 4.

Michael_Cox

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Quote from: dothebeats on October 04, 2018, 12:27:45 AM

That's price stability and IMO, that is actually great since merchants would somewhat reconsider in accepting bitcoin as a payment option. Number one enemy of merchants when it comes to accepting bitcoin is the price volatility. They are afraid that they would lose profits if they hold on to bitcoin for long, and securing a third-party payment processor would also cost them some $$$ on the side. Needless to say, the stagnant price would urge merchants to accept it and see whether it will be better for their business or not.

It maybe good for merchants but will it attract non-bitcoin users to finally use bitcoins? It has been in the same price range for the past few months but the number of people using it is still not enough to turn it into a global phenomenon or worldwide adoption. Though maybe it doesn't matter if it never happen.

Cryptocruiseja

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CrazeCoinz

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Quote from: Impulseboy on October 03, 2018, 09:20:12 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?

Being a decentralized currency this bitcoin volatility will not be stabilize at any level of price as the price will go down once a huge volume being dump. This makes people earn or get profits with this type of movement and I don't think that the price of bitcoin will stable.

astridwi

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if the bitcoin price is stable in the range of $ 6000 then this will dismiss all the assumptions that bitcoin is unstable and has a fluctuating and tends to bubble value. with a stable value, there is no reason to reject bitcoin as a currency for payment and trading activities

Malamok101

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Proof-of-Stake Blockchain Network

Good idea to repeat what will happen in the past year in crypto but it's impossible to happen for me to become a repeated because every altcoin,tokens or what cryptocoins they market will decide the price and can't predict prices.

reverseflash

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On the one hand, stability is very good, a stable bitcoin will be more like gold, and can be used for long-term savings. But on the other hand, many are attracted by volatility, which allows them to earn on the difference in prices. And the third party, the most attractive for long-term investment - is a constant stable growth.

Pasaway2701

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Quote from: Agatha-Akina on October 19, 2018, 12:29:49 AM

If the price remain the same until next year, it can make the investors worried, the HOLd can buy it because of being fear of losing . There is a falling in investors, the price may be higher again , Cool

I still believe on the potential of bitcoin to recover the price in the market. If everyday be get panic, there can have big opportunity to buy more volume. We have to support it. As you see even the price falls, it remains expensive than other coin. If it drops, other coin going to drop also. People gain trust on bitcoin and they are using it fr the development of fast technology, it will recover just wait.

Caladonian

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Quote from: dianepot on October 19, 2018, 11:29:49 AM

A stable price of $6000 is better than dropping price. For those who believed in bitcoin will not panic since bitcoin starts as worth a penny. But I do really hope this ain't going to happen this year since there are more and more people are into bitcoin. It means, the higher the demand is, there is a big possiblity that bitcoin's price will soar high. But if bitcoin's price remains the same, this will worry those who bought bitcoin last year.

If they fully understand the concept and they believe that there's really have a huge chances to grow much higher, even in any situation they can manage to find ways to get benefits, it's always good for something that still progressing, just patiently waiting for complete adoptions and make more demands so the value will grow much even higher from the last ATH.

Mandevil

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it is also possible that many will become disillusioned with the crypto as a whole - this mainly concerns beginners.

Mandevil

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Yes, it is quite possible - it’s hard or bad to say so far, but time will tell, I think nothing bad will happen, except of course for new users. everyone is accustomed to the fact that the masses of people were attracted to crypto, that cheese production is constantly growing, therefore people are less and less involved in crypto. for good growth you need big infusions, and more people

DiabolicAnt

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I think such situation can scare away non-reliable crypto users and attract more reasonable and experienced investors because such stability on the market should be appreciated.

dianepot

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A stable price of $6000 is better than dropping price. For those who believed in bitcoin will not panic since bitcoin starts as worth a penny. But I do really hope this ain't going to happen this year since there are more and more people are into bitcoin. It means, the higher the demand is, there is a big possiblity that bitcoin's price will soar high. But if bitcoin's price remains the same, this will worry those who bought bitcoin last year.

yoseph

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Quote from: Daniel91 on October 19, 2018, 10:22:22 AM

Yes, I think so.
In such case I think that only serious investors and users will remain and inexperienced, young investors will left.
Hopefully, this will bring more stability to the market, less panic sell and continuous growth in the long term.

It would be good for the stability of the cryptocurrency world as a whole but for those who bought bitcoins and were hoping that the value would go up, they would not like that at all.

Daniel91

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Yes, I think so.
In such case I think that only serious investors and users will remain and inexperienced, young investors will left.
Hopefully, this will bring more stability to the market, less panic sell and continuous growth in the long term.

emililadjet

newbie

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The technical picture has been weak since September 5 and to restore confidence among buyers, the recovery of 6,800 dollars is needed; for new long entries, on the other hand, we need to wait for a close above $ 7,000. The media reported are at 6,400, 6,200, 5,910, 5,500 and above all at $ 4,900. For those wishing to buy Bitcoin Wait for the breakout of $ 7,000, if confirmed at the end; stop loss at 6,400 and first target the retest of the previous highs at 7,400 dollars.

BigBrother

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Well, depends on which side to consider this issue and for whom. If we talk about the newcomers who came here to earn money quickly, then they most likely will not like this outcome of events and they will leave crypto. For everyone else, there is nothing wrong with bitcoin's price stability. I think this will even give confidence to many investors.

newbie-hero

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Quote from: Anies_Sandi on October 19, 2018, 12:58:19 AM

Quote from: MainIbem on October 04, 2018, 01:56:47 AM

If the market continue like this, then it is evident that stability has been achieved. It will draw more investors in because the value will be more predictable and loses will be minimized. That would give rise to mass adoption quickly. It is definitely good for bitcoin and cryptocurrency.

very true what you say in your opinion if indeed the development of crypto currencies is stable we as investors can predict and measure the profits and losses in investing and certainly can reduce losses that are too large of course

The prices will change. I am sure of it. naturally, the biggest wish of all the users of the cryptocurrencies is the rise of Bitcoin and the other altcoins but it will not happen very soon.

Anies_Sandi

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Quote from: MainIbem on October 04, 2018, 01:56:47 AM

If the market continue like this, then it is evident that stability has been achieved. It will draw more investors in because the value will be more predictable and loses will be minimized. That would give rise to mass adoption quickly. It is definitely good for bitcoin and cryptocurrency.

very true what you say in your opinion if indeed the development of crypto currencies is stable we as investors can predict and measure the profits and losses in investing and certainly can reduce losses that are too large of course

Agatha-Akina

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If the price remain the same until next year, it can make the investors worried, the HOLd can buy it because of being fear of losing . There is a falling in investors, the price may be higher again , Cool

Angna27

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CRYPTOBLADES Octoblades 10.10

If bitcoin price remains the same until next year, well that only means that we need to accept that it is beyond our control whatever is happening to bitcoin and in the marketplace, it might be bad for crypto and for those who really wished that it would be moving but then again we cannot assume what will happen next year or in a few moment but what we need to do is believe for the miracles that something great will happen.

Topic: If bitcoin prices remain the same until next year, will it be good for the crypt - page 4. (Read 1727 times)