If bitcoin prices remain the same until next year, will it be good for the crypt - page 5.

SIDDHI777

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Quote from: Rossy Akbar on October 18, 2018, 10:58:37 AM

Well, I mean if we can expecting even more for the prices why we wish to the prices will stuck at $6000 ? So, what I'm trying to say is the price of bitcoin will be rise up more high than what you expecting in this post. Just keep believning on your faith tho.

There is a possibility that bitcoin price might rise in next year because we didn't see much different happening during last couple of months for the value of bitcoin so definitely there will be a change but if it didn't the effect for the entire crypto market will be terrible because specially everyone in the crypto world and the rest of the world evaluate the crypto market progress by looking at bitcoin price so if bitcoin continue the same value that is really bad for the cryptocurrency market

xWolfx

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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?

It will certainly be better for investors who are patient. So they can invest more without it getting higher. It could also be a disadvantage for those who are waiting for a crash also. It depends.

People would probably believe Bitcoin is starting to stabilize and more business might adopt it, the thing is that they must understand that they can use a payment processor who turns the Bitcoin into fiat instantly and they are literally risking nothing. It all depends on the costumers asking for it.

In the other hand with a rise we will see a lot more ICOs like it happened before and that would be better for bounty hunters, for example.

worldofcoins

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It can mean both. Good because it would mean stability within the market but at the same bad because of price stagnation which could potentially cause the loss of some investors.

charlemagne_15

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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?

I think it is good if the bitcoin price will be aroung $6000 because it is now a high price in my country's currency. Maintaining such value is a good point yet I don't believe that thw market can make that value the stability of the bitcoin price due to it is just hard to keep because of the many factors.

Ucy

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Quote from: mk4 on October 03, 2018, 09:31:27 PM

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.

Quote

Well, if the market decides that bitcoin is worth $6000

Well, there is no way the price stability could be determined by the Market unless manipulated.

If Bitcoin remains $6500 for ever imagine what will happen if $10,000 worth of land goes up by 50% in 5yrs while you have $10,000 worth of savings in Bitcoin for that 5yrs... The land will be worth 15,000 while your Bitcoin savings remains $10,000 (at $6500) ... meaning that Bitcoin has become inflationary instead of the deflationary currency it was meant to be.
So you won't be able to afford the land anymore. You will need extra $5000 in order to afford it.

Manipulators may decide to increase Bitcoin little by little to make Bitcoin artificially deflationary... Still doesn't take away the fact that bitcoin is being held down and not reflecting its true value.

oginiimaoyani

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If bitcoin stabilizes or remains the same it will really affect those who invested for short term causing more panic which is not too good to the community.

carlisle1

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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?

Actually for me,its better that we have stable value at $6,000 and this is not even bad right?not unless we will compare when the price is at peak,then thats a different issue.bitcoin value starts to nothing and having a $6,000 price development is a huge amount compares to what is in the stock market now,so lets be contented on this,and lets just wait if what will be the value in future for thats only a bonus

minizi99

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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?

In General, with the current volumes, even at the price of 80 k, the market will be quite liquid, because there are many players who are interested in a certain amount, so they will not leave the market before.

Rossy Akbar

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Well, I mean if we can expecting even more for the prices why we wish to the prices will stuck at $6000 ? So, what I'm trying to say is the price of bitcoin will be rise up more high than what you expecting in this post. Just keep believning on your faith tho.

keziakusayang

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the price of bitcoin has just dropped a few moments I think many people will be patient waiting for the best price of bitcoin, interested in bitcoin is now more and more, and many people are sure of the best price of bitcoin in the future. I think that will not affect anything.

BlackPanda

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Quote from: mace15 on October 18, 2018, 10:18:27 AM

Quote from: doodle07 on October 18, 2018, 05:55:50 AM

Definitely yes for me because it has already gain its stability with the current price and maybe it will attract more investors, but for those who have invested on it on a high price they have loss a massive amount buying at a high price.

If the price would be stable until next year many users will truly in panic for the price stability. Although, some new to bitcoin adopt this crypto because of the great opportunity to invest. But, for some the stagnant of price would not be good because of no profit gains. So, I think of more complication would happen in crypto.

Indeed the situation is not too good and this is a difficult thing. All we can do is continue to support the development of cryptocurrency, because if we avoid it then we will face a worse situation. Let's face all the existing situations and we continue to increase the use of crypto. We are all crypto users and those who can change crypto's future are all of us !!! We change the future of crypto and we also change the future of Bitcoin to be better than today !!

SIDDHI777

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I think it is a problem for the cryto market and its cryptocurrencies because with or without a reason today there is a tendency that progress of the crypto market is valuated by considering bitcoin so even potential digital currencies are suffering without getting a proper price in the market and if bitcoin continue with the same price to the next year it can definitely make a negative impact on the entire cryptocurrency market

mace15

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Quote from: doodle07 on October 18, 2018, 05:55:50 AM

Definitely yes for me because it has already gain its stability with the current price and maybe it will attract more investors, but for those who have invested on it on a high price they have loss a massive amount buying at a high price.

If the price would be stable until next year many users will truly in panic for the price stability. Although, some new to bitcoin adopt this crypto because of the great opportunity to invest. But, for some the stagnant of price would not be good because of no profit gains. So, I think of more complication would happen in crypto.

Gheka

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Quote from: biskitop on October 17, 2018, 11:58:48 PM

good with the condition that bitcoin doesn't go down. if it can stabilize at $ 6000, other crypto will still be good. if bitcoin goes down, the crypto market will also drop and impact on crypto or other altcoins.

I do not think that would be good for crypto and the market, even for our property because as you are saying, when the value of bitcoin is affected, altcoin will also suffer the same effects, and of course, if the price of bitcoin stays the same, altcoin and our property will not be able to grow. Stagnating and stopping development is never a good thing, Bitcoin is the crux and the leader to pull all, it needs to move and here, this movement is positive, going up, that will help the crypto and we get the greatest benefit

abojamal

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Quote from: pooya87 on October 03, 2018, 11:22:21 PM

i don't know about "crypto world" but it is a very good thing for bitcoin at least because of a couple of reasons.
the stability will make the newbies who wanted to become rich with bitcoin overnight to leave the market. in other words the weak hands who FOMO buy and PANIC sell are flushed out of the market and market is cleansed. so the volatility will be reduced even further.
all this stability will make bitcoin be a currency more as people have always been complaining about it and saying it is the reason why they don't use bitcoin as a currency, now they wouldn't have any more excuses.

This is a good point and useful for price stability
But this stability may not attract new investors
Who wants to freeze his money for years? !!.

walemil

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I don't think we can achieve a state of bitcoin price stagnation, it will still move up and down however slight it may be. This kind of stability will be good for existing merchants and encourage the intending ones to sign up for cryptocurrency adoption. Those who are not true enthusiasts will also be flushed out by this. It is okay overall.

doodle07

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Definitely yes for me because it has already gain its stability with the current price and maybe it will attract more investors, but for those who have invested on it on a high price they have loss a massive amount buying at a high price.

Drowsyface

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Quote from: Kthestunner on October 18, 2018, 05:32:54 AM

Quote from: Drowsyface on October 18, 2018, 05:17:00 AM

The fearmongers are getting fewer and fewer in numbers which means the opportunity to buy at low prices is getting smaller and smaller. When these posters stop trying to spread bullshit about bitcoin being dead, failed or going to drop below 6k, then it will be too late.

When people say they wish they'd bought bitcoin when it was a fraction of the current price at that time, the reason they didn't buy it then is usually because people are afraid that it's too risky. By the time everyone wants to buy it, the opportunity has aleady passed.

I guess you weren't here last year. The fearmongering was kicked up in full gear back then, yet price was rising fast.

What we see right now is really mild and is nothing compared to what it was last year. But overall both the hopium, fear, FOMO, and FUD was in full swing from mainly there being much more activity back then.

Oh I was here and several years before. Last year around and into November and especially December, MSM were pumping out nothing but positive get rich stories. The fearmongering almost dissapeared completely.

hahay

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Prices that have remained the same for a long time I don't think that will be good, anyway many traders like the fluctuation of the price of bitcoin, because with prices going up and down it will make many traders benefit from the moment. But on the other hand a stable price will also make crypto accepted as a means of payment in many online stores or maybe it will also penetrate the offline store, it will be good for crypto because it will be accepted by many circle. Because I personally have try buying goods in online stores such as souvenirs that accept payment using bitcoin and then when the crypto market falls hard they are no longer able to maintain the method.

Kthestunner

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Quote from: Drowsyface on October 18, 2018, 05:17:00 AM

The fearmongers are getting fewer and fewer in numbers which means the opportunity to buy at low prices is getting smaller and smaller. When these posters stop trying to spread bullshit about bitcoin being dead, failed or going to drop below 6k, then it will be too late.

When people say they wish they'd bought bitcoin when it was a fraction of the current price at that time, the reason they didn't buy it then is usually because people are afraid that it's too risky. By the time everyone wants to buy it, the opportunity has aleady passed.

I guess you weren't here last year. The fearmongering was kicked up in full gear back then, yet price was rising fast.

What we see right now is really mild and is nothing compared to what it was last year. But overall both the hopium, fear, FOMO, and FUD was in full swing from mainly there being much more activity back then.

Topic: If bitcoin prices remain the same until next year, will it be good for the crypt - page 5. (Read 1727 times)