Topic: Is Speculating A Bad Thing? - page 3. (Read 1625 times)

i don't think that speculating is a bad thing because as far as i know, with speculating we can make decision for our own price and with some analysis, sometimes our order can be filled or we can make profit. i admitted that sometimes i am using speculation when i am uncertain to determine the price.

It's okay to speculate , it's normal and natural but it will be a bad thing if you just speculate without thinking or even researching before doing a decision out of specualtion. It will become bad if you will not base your speculation on factual things and just speculate out of nothing.

There has been a lot of speculations regarding Bitcoin as a bubble which discourages some users and brings about fear, but generally I think that speculating is not a bad thing. It helps people make decisions and brings confidence for us bitcoin users. With the nature of bitcoin, it is but normal to speculate due to its volatility and constant price change. Also, if speculation is what attracts and encourages people to buy bitcoin then I think that it is then a good thing.

investing in bitcoin has never been a danger, with steady and strong growth, bitcoin is still the market leader. Besides, its potential is almost limitless when accepted by many countries.

not always speculation is a useless matter. sometimes with speculation we can take advantage of many circumstances to be able to take more opportunities. for example, the end of the month of July last bitcoin prices are still under 3000USD and now 1 month after the day we can see that the price of bitcoin has reached the price of 4500USD. This of course is speculation that produce a satisfactory result. so not always speculation will produce unsatisfactory things, then note again that bitcoin will always evolve all the time. so take a chance from now and do not forget to always be optimistic that there will always be improvement in next year.

Yes, if there is no speculation happening, the asset/coin will have no volume and eventually will die in an instant. Every fud and optimists are important to our system.

If you're speculating for only express your idead and opinions, this is not bad. But if you're trying to manipulate others for them to sell or buy something on purpose, this is not fair clearly.

Everybody makes speculation on the coin market for sure.

Bitcoin Speculators are those who plays important role of bringing changing information into the price value. I don't find anything bad in speculating, as bitcoin is volatile we all expect speculation if we are investing.

A speculation is something like an educated guess.
You have some reasons for your opinion, but you can not really be sure your etimation is correct.
I see nothing bad in that.
Who do you harm? When you put money in bitcoin, it's your money.
The speculation warners are people who are just jealous of other peoples success.

I think there's a chance we're at the moon already, dude.

As for speculation, it's natural and necessary. For you and me personally, it behooves us to not play around with the baby's milk money, so to speak.  There's always the chance to lose absolutely everything. Only play with dough you won't cry over when it's gone.

I mean... Everything is a speculative asset, so its logical.

I mean the only illogical thing you see here is the scatter bomb on dead coins hoping for the p&d.

Speculating is never a bad thing. In general, it meant making assumptions about future (although widely use in financial world).
Everyone speculate future. Government and businesses make budgets, companies make plans, investors make strategy. All these activities require speculation.
Bitcoin is no difference and when we all invest in bitcoins to make profits then what is wrong holding or dumping them on the basis of future speculation.

Actually people do not speculate on just about anything. For something to be speculated upon, it simply means that thing has the potential to worth much more in the future and nothing tells the exact story of Bitcoin better than that.

That's a fact, the early bird always has the advantage of catching the worm and fortune have always been known to smile on the prepared and bold! The moon expedition is on course and at the pace Bitcoin is cruising, we would likely land on the moon sooner.

Speculation is a strong statement of approval and recommendation that something is worth so much more and that begins to draw people's attention to the object. We can see that the adoption of Bitcoin have remained on the increase and that in turn, stimulates greater demand for Bitcoin. Apparently because of speculation, most people are hesitant to sell their Bitcoin, they rather settle to buy and Hodl, the resulting scarcity then puts pressure on Bitcoin, dragging its price up.

Some people will never like you or good ideas coming from you no matter how hard you try - they wish it should have been them instead of you and so setting out to please everybody is such a grand recipe for failure. You conquer such people by continually putting in your very best in whatever you're doing.

People's speculations are based on what they really want to happen. If i want bitcoin to fluctuate which i don't want to happen, i will only be discouraging my self so what is the use of working and trying here in the forum if i only want to speculate and anticipate bitcoin to fall? Speculations for me is somehow giving the push to hope for more and wait for more. 

Speculating is always been part anywhere on the field of investing which assumptions and estimates cant really be avoided to be spoke into the public even if they do tell realistic or unrealistic ones since anyone do really have the freedom to speak on their own views.As an investor we would really much speculate on where would prices would go since no one would able to see the future or the things ahead.

Digital currencies were truly speculative in nature, and based on this I don't think that speculating is not good. The entire market is based on the unpredictability. The prediction market is the one that makes the digital assets more valuable than the other commodity based assets.

I wouldn't say it's bad per-se, you need speculation to bootstrap it.
But the level of speculation within the bitcoin community is too much to be sustainable and will effectively kill the whole concept. But that will be done by the November hard fork already so it won't get to that.

A few years ago many of us were all excited to get merchants to accept Bitcoin, but nowadays the only thing people do with Bitcoin is buy and sell at exchanges, sell your tulips to the greater fool.
Almost nobody is using it as a medium of exchange or payment method.
All 99% of people involved in Bitcoin care about is to make more dollars out of it.
Which is sad in my opinion considering Bitcoin was invented to give people an alternative to current monetary and economic systems.

Speculation is what's driving a market up or down at the end of the day, and thus this is a crucial part of basically any market in the world. It's not for nothing that Bitcoin has been attracting a huge load of money from all sorts of entities in the last years - the massive ups and downs are what they look for, and what's the cause of these ups and downs? Right, it's speculation. We shouldn't forget that a large part of the investors/traders aren't actually interested in Bitcoin itself, or to use it as currency - for them it's purely a speculative investment tool.

I think you do not fully understand the problem. Speculators do now putting pressure on the bitcoin exchange rate and promote its growth. But what will you do when they withdraw their capital from bitcoin? Can you imagine how it could decrease the price and what is the panic? Speculators are bad, but we can't face them and adapt to conditions.

Hypothetically speaking if all speculators are expecting for the BTC to rise they will hold their bitcoins, alternatively some will also hold their coins and bring the bitcoin to the moon we need speculators the only bad thing about this is we are expecting irrationally sometimes low oftenly high, there's a complexion about this.

What should we really believe