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Topic: Is Bitcoin going to be forever pump and dump? - page 8. (Read 953 times)

newbie
Activity: 88
Merit: 0
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.
This is the way of crytocurrency. It is volatile so we could experience abrupt changes of value. This has been the way eversince the only difference is now it has higher value and from something that emerge out from non value it has climbed up to become most promising currency. It is fighting with fiat paper bill in the past years but it has proven to stay afloat because of it safety, speed and minimal cost of transacting.
hero member
Activity: 2856
Merit: 618
Leading Crypto Sports Betting & Casino Platform
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 virtual and digital currency, but if you think that bitcoin has no dump and pump then do you think people will use it?
Definitely no, people use bitcoin for trading or investment and if bitcoin stable price then forget it that people will use bitcoin. Bitcoin is not a national currency. it is only belong to online and it is quality of bitcoin when it has dump people buy it and when it has pump then people have a profit from it. So agree on it.   
jr. member
Activity: 33
Merit: 12
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.
Are you asking if there will always be price fluctuacions? Of course there will.
In any free market, price is defined according to how much people want to pay for something, and for how much they want to sell. Since economies and people's mindset are constantly changing, it is natural that the price of Bitcoin will always fluctuate.
However, as there is a increase in the use of Bitcoin, there will also be an increase in trading volume and liquidity, and it may help Bitcoin to be more stable.
full member
Activity: 252
Merit: 102
There is no basic price of Bitcoin. Its price depends on the buyer and seller. So pump and dump will continue forever. we have to invest only surplus money and wait to pump also exit at proper profit.
newbie
Activity: 70
Merit: 0
Actually the term pump and dumb is not suitable.
we can say it up and down which is very common with the digital currency.
newbie
Activity: 224
Merit: 0
Bitcoin price is volatile since we are in an unregulated market. The market react whenever there are good and bad news. But this is not pump and dump.
I agree. Any influence or information has a positive or negative impact on the value of the coins in the market. FUDs are created by user psychology or investment. The news about bitcoin is always sensitive and exaggerated. to return the suspicion of pumping and pouring. It is a nightmare if not seen soon.
sr. member
Activity: 728
Merit: 250
Buy, sell and store real cryptocurrencies
Bitcoin price is volatile since we are in an unregulated market. The market react whenever there are good and bad news. But this is not pump and dump.
full member
Activity: 1210
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 all currencies will experience pump and dump, but bitcoin has different fluctuations,  fast and uncontrollable when correction, like today. then some people who hesitate choose to leave the crypto world and invest for real world.

so now we're waiting for the stable bitcoin back. everyone is waiting for June to be able to harvest again.
full member
Activity: 406
Merit: 114
I’m not sure the price action we see in bitcoin is the result of a pump and dump.  Pump and Dumps are normally done on small caps where a small amount of action can control the martlet.  Bitcoin trades in high volume, and has the largest market cap.  A pump and dumper could get way more action for their money elsewhere.

What we are seeing likely is just volitity, based on the way bitcoin has huge reactions to news stories.
newbie
Activity: 229
Merit: 0
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 bitcoin will not forever pump and dump, but there is a time when bitcoin is stable. but in general bitcoin will experience fluctuations.

even bitcoin fluctuations faster than fiat currency fluctuations. I think people who leave bitcoin are pessimists with bitcoin.

they are not sure if bitcoin will rise again. and I think this is a virus.
hero member
Activity: 1176
Merit: 509
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.

Of course not. There are just some issues that needs to finish first such as the issue with the SEC. That is the main reason for the volatility of coins nowadays. Investors are waiting for the results of G20. So far, it is doing good which resulted for the recent pump of coins in the market. If this will continue, we might see a bullish pattern again.
newbie
Activity: 84
Merit: 0
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.
Yes, I agree with you mate. That is very normal in bitcoin due to its volatility aspect. The value or price of bitcoin always depends on the supply and demand which are also not stable. If you want to invest in bitcoin , it is more preferrable to HODL or use longterm investment concept to gain big profits.
legendary
Activity: 2576
Merit: 2880
Catalog Websites
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 there are whales probably these pumps and dumps will never end, and every time will get worse and worse with the BTC value growing. The only way would be to have a better distribution among all the BTC users, trying to eliminate the whales that can actually provoke these pumps and dumps, but I don't know if that will ever happen.
sr. member
Activity: 644
Merit: 261
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.

As long as it would be considered as asset then the pump and dump will continue but if more people will use it as a currency then there would be less volatility. If we view it in terms of fiat money then its value will be fluctuating but if we do not view it in terms of fiat value then it would be stable like the USD,EUR and other fiat currencies. If mass adoption will continue then eventually we would see values of goods and services price in satoshis not in USD anymore and there would be no pump and dump.
sr. member
Activity: 602
Merit: 255
i think bitcoin will flactuate forever because it is a currency and the supply is increasing nor decreasing. the law of demand and supply is applied thats why the price is flactuating.
jr. member
Activity: 72
Merit: 1
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 bitcoins situation expectedly inevitable scenario that will always occur to it.Bitcoin is an economical asset that based on the demand and supply in the market.Its flactuating price is not a surprise as it is,due to its decentralized nature.To have a stable price is something that we would not know.Everyone might think of negatives about its volatility because of theyre losses but we should accept the fact that bitcoin price will be it either high or low.
sr. member
Activity: 1400
Merit: 420
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.

Only you noticed this 'pump and dump scenario in Bitcoin' and you just made an assumption that most of the people here noticed it too, guess what, people are riding you.

Try to look again the price of Bitcoin exactly 1 year ago and decide it for yourself if it's true a 'pump and dump scenario', people like you always want to make a profit out of Bitcoin and when the time the price of it goes down you panic and will instantly say Dump, fall of BTC, scam coin, etc.

Bitcoin's price may be stable for 1 month but not for a 1 year round and I am sure with that.
member
Activity: 756
Merit: 12
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 if bitcoin like pump and dump, bitcoin price can not reach $20k. Price of bitcoin always volatile and its naturall. Many negatives news that bring bitcoin price down and not because pump and dump scenario
sr. member
Activity: 658
Merit: 250
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.

Yeah, current criptocurrency market has a lot of speculations. So big investors (whales) try to earn as much as they can with dumps/pumps before market stabilization. However, I noticed that at present it is much less altcoin pumps comparing with last year
member
Activity: 451
Merit: 15
Investor
I don't think so. Bitcoin is still young in the investment world and the market and that's why it still experiences price fkuctuations and huge price declines as it is today. But give bitcoin time to mature and let's continue to put our unwaivering support to tge technology and you'll see that it would stabilize on its own. The inly reason it is still a pump and dump product because of inactive bitcoin users.
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