Pages:
Author

Topic: Is Bitcoin going to be forever pump and dump? - page 2. (Read 931 times)

full member
Activity: 238
Merit: 100
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.
I think, the observable trait of Bitcoin which lies into a pump and dump will stay forever for the reason that the main characteristic a currency have is this trait. The difference is that we don't usually observe our natural currency to have this trait because it just happen in a not observable manner. But since Bitcoin is a digital currency, it really lies into a massive movement over time because demand was widely open for transparency that makes our mind focuses into what we see which is a real large movement happening into the price movement of it wherein we don't think anymore the real essence of why this thing was happening.
sr. member
Activity: 714
Merit: 254
Probably yes. Bitcoin value is unstable the more investor coming in and out, the more miners, and other factor than will affect the price. Bitcoin is so profitable among all crypto.
That is right, we don't know what could happen later or tomorrow, how much value it could have but one thing is for sure right now that it will forever pump and dump as they are seeing bitcoin as a good chance to trade daily. Pumping and dumping should not be a problem at all in the first place.
full member
Activity: 305
Merit: 100
[PROFISH.IO]
In crypto, nothing is stable. Every coin is going to pump and going to dump. It is just normal when entered this kind of business and any kind of business. Sometimes there is a profit sometimes, there is none. Just give and take.
full member
Activity: 504
Merit: 100
Bitgesell (BGL) Decentralized Cryptocurrency!
Nuh, I'm definitely sure that bitcoin and other future main coins will be stable for reasons. And the main one will be regulation. Unfortunately, it will happen one day. Until it happen we see these jumps several time per a year.
full member
Activity: 616
Merit: 105
the name of the trade there must be a target, at the pump until a certain price and if it is till the point
it will likely be dumped to a certain point to buy it back
if the price in the pump continues there will be concern to buy back when it is selling
so it's better stable
sr. member
Activity: 503
Merit: 250
Probably yes. Bitcoin value is unstable the more investor coming in and out, the more miners, and other factor than will affect the price. Bitcoin is so profitable among all crypto.
full member
Activity: 1316
Merit: 108
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 will always be exposed to high volatility because it is decentralized, that is, it is not managed by any central authority and is not provided with anything, and its price is formed by the ratio of supply and demand, which are always not constant. Proceeding from the absence of any mechanism that supports its stability, one should also expect that at large price values ​​of bitcoin, the amplitude of its price fluctuations will only increase. Then it will be a real roller coaster and there will not be a place for nervous ones. They will sell their bitcoins themselves and run away from it, seeing how its price falls by thousands, and maybe tens of thousands of dollars a day. By the way, such nervous people can also ruin bitcoin, provoking such actions panic, which may well lead to its depreciation.
full member
Activity: 326
Merit: 103
OrangeFren.com
Yes, i think bitcoin is going to be like that forever because it is very profitable for those who do this and people can't do much about it alone. If everyone will stick together and sell/buy at the same time things can change but that's not going to happen.
Many say that in the future when bitcoin price is going to increase to higher values whales wouldn't be able to do pumps and dumps but I wouldn't be that sure about it. Those who do pumps have millions, maybe billions of dollars available for investments and they can use all of them for bitcoin since they know that are in control of everything. If a single group of people don't have enough they are going to contact others and make a pump anyway.
newbie
Activity: 84
Merit: 0
I think so. No sustainability in upcoming future. Just be patient and buy with low price Cheesy
jr. member
Activity: 111
Merit: 1
This is the common scenario taken place by bitcoin, Bitcoin is the most popular among all cryptocurrency  and trading is one of the practices of investors to gain income. I think most of us already adapt the mode of earning profit so therefore this is going to be forever.
sr. member
Activity: 378
Merit: 250
Bitcoin will always experience the pump and dump as long as there are miners and investors coming in and out. I can say the Bitcoin price now is stable but we cannot tell for how long. To be sure hold your bitcoin long term.
full member
Activity: 1190
Merit: 212
★Bitvest.io★ Play Plinko or Invest!
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.

yes you are right the bitcoin price movements can only go up, down and move right, can not move to another, so as a trader should be able to take advantage of such price movement conditions, when the price drops then buy, whereas when the price goes up then it is the right time to sell or to profit.
newbie
Activity: 98
Merit: 0
Price volatility is one of the crucial issues when it comes to using it as a payment system. However, we must understand that we are in the early phase of development and I believe that cryptocurrencies are here to stay and hence there is a huge scope for growth.

However, at this point, we don't even have 10% of the world's population using Bitcoin and on the other hand, the supply is going to be limited, so naturally price will follow the law of demand and supply. Thus, I am not expecting stability at least in next 10 years from now.

bitcoin price is depending on the demand of investors. Pump and dump is actually a common and forever behavior of crypto and we can't predict when it rise and fall since transaction for this is through online.
hero member
Activity: 1190
Merit: 534
Price volatility is one of the crucial issues when it comes to using it as a payment system. However, we must understand that we are in the early phase of development and I believe that cryptocurrencies are here to stay and hence there is a huge scope for growth.

However, at this point, we don't even have 10% of the world's population using Bitcoin and on the other hand, the supply is going to be limited, so naturally price will follow the law of demand and supply. Thus, I am not expecting stability at least in next 10 years from now.
full member
Activity: 280
Merit: 101
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 Grin 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

As of now the bitcoin price is rarely dumping but its is normal situations. Because bitcoin is a digital money currencies which implies all over the world. The price of bitcoin is not stable. its  unpredictable sometimes dumping and sometimes pumping. So their is a rollback of the price of the bitcoin. So if we are invest our money her in bitcoin theirs nothing to worried about the price volatility.
Pump and dump is normal in bitcoin price and it will be forever like that if bitcoin not controlled by any government. As people wish, bitcoin is better become independent where people can not control it and of course the consequence is the price would be always volatile.
member
Activity: 420
Merit: 18
unlike any market bitcoin too follow pump and dump as part of trading scenario so we can expect bitcoin too forever pump and dump
newbie
Activity: 56
Merit: 0
Once the market caps are large enough, it will be much harder to manipulate.
full member
Activity: 252
Merit: 100
Bitcoin is still at its early stage and its market cap is only 100 billion.
It is perfectly easy for whales to pump and dump.
As a small fish, I don't care about he fluctuations.
Holding is all I need to do.
newbie
Activity: 93
Merit: 0
As for Bitcoins, we have limited supply and miners are the one mining up the coins to be in the circulation but not more than 21 million can be mined. So the next factor that would affect the volatility of bitcoins is the adaption worldwide. For example, if there are only a hundred people who has bitcoins equally and one sold everything he have then prices would be 10% down. The fact that bitcoins are distributed worldwide, it will be harder to manipulate the prices. So if bitcoins become mainstream, volatility might not be that brutal in dumps and ups.
full member
Activity: 574
Merit: 102
for now bitcoin is limited to speculative digital assets. so very reasonable, if the bitcoin market is influenced by pump and dump by the whales. indeed bitcoin actually has other functions as a means of payment, but its use is still limited and hampered regulations in every country. I still believe and hope, in the future bitcoin does have value in society.
Pages:
Jump to: