Topic: Is Bitcoin going to be forever pump and dump? - page 10. (Read 932 times)
This can be solved only if bitcoin is used primarily as a payment medium. Currently, I am seeing that people just want to make money with it and this is the reason for all the manipulation occurring at large scale.
Well, unfortunately yes it is. Its just in it nature to be unstable. These dumps and pumps in cryptocurrency are as a result of how people buy and sell; the higher people buy, it pumps and the higher people sell, it dumps. Its not in anybody nature to make it stable. And it sometimes shows that they are not been manipulated. But if you want a coin which might be stable one day, then go for Ripple.
Bitcoin is not a Pump n Dump, because it is still here. 
.... The real Pump n Dump coins are the small cap Crypto
currencies. People buy a lot of the coins in the early stages and then they hype the shit out of it with fake news and fake
data. Once it increase in value, they dump it and move onto the next coin. You still think it is a penny-stock that can be
pump and dumped?
.... The real Pump n Dump coins are the small cap Crypto currencies. People buy a lot of the coins in the early stages and then they hype the shit out of it with fake news and fake
data. Once it increase in value, they dump it and move onto the next coin. You still think it is a penny-stock that can be
pump and dumped?
if the btc will follow its core mission which is to be a digital currency than its price in any case must be stable and if the pump and dump continues than there won`t be any confidence to use it as a currency in real world.
All of us noticed the pump and dump scenario in Bitcoin and all other coins, is it going to be forever like this? Isn't there going to be a stage wherein the price will be stable? Cause it seems like riding and leaving a virtual money vehicle. Any thoughts will be highly appreciated.
Since most of bitcoin users are traders then likely yes, bitcoin price will never be stable. Honestly most of us still converts bitcoin to fiat before be able to buy something using money that generated from bitcoin investment, bitcoin still become investment that provide big size of opportunities instead of currency. Total of bitcoin is limited anyway so bitcoin price will always tend to rise due to the deflation. If you want cryptocurrency that is more stable than bitcoin then you should find altcoin project which create a coin that backed by gold. 
It will happen as long as bitcoin is an open and unregulated market; everyone can do whatever the hell they do and form groups to create some form of disruption in the market. Watch things fall into peace when the government enters and gets aggressive on its regulations that places a watchful eye in the market. Some exchanges are trying to prohibit pump and dumps in their platforms and suspend the account of those they caught doing such thing. It's a start, though that effort isn't enough to completely stop that kind of trading scheme happening in the cryptomarket.
I think bitcoin tends to grow in value. With the low value of bitcoin I think many people are buying and hoarding it. Bitcoin is receiving capital from investors. I guess the value of it will increase quite high at the end of the year.
It is quite possible that bitcoin can be up to its good quality to all but a lot of support for bitcoin riches to promote this kind of campaign, but we do not know every one of us if it's going to go but maybe this bitcoin will last for a long time.
I bet to say yes, this possibilities is really common and even more maybe become a forever phenomenon of bitcoin or even in other kind of cryptocurrency. Since it is a common thing in here let's expect that this could also be happen anytime, any seconds it's price will vary according to the demand of bitcoin.
t's good to me that prices vary. I make money by buying and selling.
The prices are not rising like the old ones anymore. It was too low. Everyone wants you to rise. I do not give it a chance.
I hope the prices will increase and we all make money.
The prices are not rising like the old ones anymore. It was too low. Everyone wants you to rise. I do not give it a chance.
I hope the prices will increase and we all make money.
All of us noticed the pump and dump scenario in Bitcoin and all other coins, is it going to be forever like this? Isn't there going to be a stage wherein the price will be stable? Cause it seems like riding and leaving a virtual money vehicle. Any thoughts will be highly appreciated.
Bitcoin is volatile. It is its nature. It will always be unstable and its price will fluctuate every single time. It is easily influenced by events and FUDs so don't ever think that it will be stable one day. If that ever happens, despite of its low chance, then crypto market will remain stagnant and the crypto world will be dead.
All of us noticed the pump and dump scenario in Bitcoin and all other coins, is it going to be forever like this? Isn't there going to be a stage wherein the price will be stable? Cause it seems like riding and leaving a virtual money vehicle. Any thoughts will be highly appreciated.
Bitcoins a cryptocurrency works on the simple economics principle know a demand and supply. If the demand is more, than what can be supplied the prices shoot up, and vice versa if suppply exceeds demand prices fall.
Then comes the element of sentiment, till last year the sentiment was Bullish, everyone wanted to be a part of it, but post December the fud started to spread, which created a negative impact and that's the reason why it tanked.
Now if you'll see times are changing, there's positive news and hence the pump. Bitcoins will always be like this no one can have it any other way.
I think what you mean is about the ups and downs of bitcoin price. Fluctuation of price is very common in bitcoin trading or even in other trading markets like forex in currency trading. I think that theres no such thing as stable in trading because thats where the market works. Buying and selling is the main factor of trading market for it to exist and lasts long. It will continue to rise and fall because many investors has the thinking of buy and sell. It won't stay at a stable price.
Not forever pump and dump.
The price of bitcoins is constantly rising, At each stage it has been held as it is today.
The value of Btc reaches 20k $ and dumps at 7,000 $ to 10,000 $. Now with the BTC pump again it can reach $ 40,000 and dump it to $ 20,000 to $ 15,000.
The price of bitcoins is constantly rising, At each stage it has been held as it is today.
The value of Btc reaches 20k $ and dumps at 7,000 $ to 10,000 $. Now with the BTC pump again it can reach $ 40,000 and dump it to $ 20,000 to $ 15,000.
well bitcoin has never been a pump and dump so it can not continue to be what it has never been!
if you don't know what the term pump and dump means then read about it and educate yourself first https://en.wikipedia.org/wiki/Pump_and_dump
I appreciate the information sir. I'm sorry for the misrepresentation of what I know of. As a newbie, I'll make sure to read what you shared. if you don't know what the term pump and dump means then read about it and educate yourself first https://en.wikipedia.org/wiki/Pump_and_dump
It is quite possible that bitcoin can be up to its good quality to all but a lot of support for bitcoin riches to promote this kind of campaign, but we do not know every one of us if it's going to go but maybe this bitcoin will last for a long time.
It will continue to pump and dump due to the number of whales in the market and newbies that don't know how to hodl If people woulc simply stay calm then we would have a stable rise like gold. However, people go mad during the bull runs and then run for the hills when it dumps, hence the volatility in the market
If people woulc simply stay calm then we would have a stable rise like gold. However, people go mad during the bull runs and then run for the hills when it dumps, hence the volatility in the market 
All of us noticed the pump and dump scenario in Bitcoin and all other coins, is it going to be forever like this? Isn't there going to be a stage wherein the price will be stable? Cause it seems like riding and leaving a virtual money vehicle. Any thoughts will be highly appreciated.
When things go long enough, it seems its going to be forever but that is not always the case just like what bitcoin is facing that makes it look like pump and dump was designed with it just like transaction confirmations. But a deep look at it would show that bitcoin has not been with us long enough to form a conclusion that this situation will continue its just 10 years and no one could imagine the response it has garnered thus far.
Its not that the volatility would be eradicated even as time passes but it will be reduced to the point where major decision will be taken on reliance on it's price, budgets prepared accompanied by cashflow projections.
Every pump there is gonna be a dump and every dump there's gonna be a pump. This is how digital currency works, they don't have a stable price. It is very volatile you should know it and you have to prepare that this scenario will always gonna happen.
well bitcoin has never been a pump and dump so it can not continue to be what it has never been!
if you don't know what the term pump and dump means then read about it and educate yourself first https://en.wikipedia.org/wiki/Pump_and_dump
if you don't know what the term pump and dump means then read about it and educate yourself first https://en.wikipedia.org/wiki/Pump_and_dump
In this stage, it has to be pump dump coin, even it will be used by most people, the world population increases, so its price will never be stable
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