Topic: POLL: Would you rather see Bitcoin price grow steadily or in spikes? (Read 741 times)
December 01, 2018, 02:37:16 AM
I think steady growth is good for investor. Investor must be prefer relax with their investment. Volatiling on price creating distrust on market and its make invest in uncertain condition. Spike on price creating short profits but its always ended with pump and dump fluctuation
November 30, 2018, 07:43:30 PM
One of the primary goals of bitcoin is to go maintream adoption. One of the key requirements is the stability of bitcoin price. Thus, steady growth, even if it is slow, would be better.
November 30, 2018, 07:21:43 PM
After a spiked growth there is always a high fall, so it's more negative than positive for Bitcoin on long term, creating an eternal cycle of instability, panic, fear and uncertain adoption. Good for speculation and fast profits, but bad for solid adoption as currency used on the daily life and the development of new projects (as there will be less investors putting their money in volatile scenarios).
November 30, 2018, 06:21:27 PM
honestly, I prefer that bitcoin be accepted in the world as a means of payments, I would be very happy if one day I could go to the market and buy things that I like using bitcoin as a means of payments, this is the growth that I consider.
Ditto. I can't wait to see Bitcoin become a user friendly way of conducting payments, especially when LN is ready to serve the mass. Added benefit of LN is that we no longer depend on the mainchain, which miners usually tend to mess up, either because of their hashrate movements slowing down block times, or them on purposely utilizing less block space for whatever shitty reason.
It's going to take years, perhaps even a decade or so, but we'll be there eventually. All we need is more liquidity and a relatively stable price.
November 30, 2018, 05:20:03 PM
honestly, I prefer that bitcoin be accepted in the world as a means of payments, I would be very happy if one day I could go to the market and buy things that I like using bitcoin as a means of payments, this is the growth that I consider. while this is not happening we are using bitcoin as an investment and as an investment we expect high profits, ie we want the price to increase a lot and in a short time and this situation will change only when governments accept bitcoin as a means of payments in their countries
November 30, 2018, 04:29:46 PM
Don't want to sound negative, but we're seeing what the growth in spikes is doing to Bitcoin. Although developments are going on, looking at the price between November 2017 to November 2018 one has to really wonder if any real adoption did happen in this time frame or just mere speculation. Speculators don't care about utility, volatility is what matters to them and a highly speculative Bitcoin market would simply be prone to crashes at regular intervals making it not even a reliable store of value.
What we need is a steady sustainable growth based on functionality and utility which would minimize the speculative/risk factors making Bitcoin more suitable for wider adoption.
At the moment, only speculators are really interested and concerned about the price of bitcoin.Few people are interested in the distribution and mass use of bitcoin,although this is the initial task-to attract people to cryptocurrencies as much as possible.Based on my logic, I certainly wanted Bitcoin to grow in price gradually, just as the audience and the scope of Bitcoin will gradually expand. What we need is a steady sustainable growth based on functionality and utility which would minimize the speculative/risk factors making Bitcoin more suitable for wider adoption.
November 30, 2018, 03:53:18 PM
many people are chose steady growth rather than spikes, i think much people are agree if bitcoin should being better if getting more steadiness rather than too much violate that can make some possiblity of bitcoin that can affilated with any of uses if getting more steady market
November 30, 2018, 03:49:43 PM
Any growth would be nice right now.
But if I had the choice of growth type I'd go for steady since any stable currency or economy needs smooth and steady movements.
But if I had the choice of growth type I'd go for steady since any stable currency or economy needs smooth and steady movements.
I am on your side, man. We have been waiting now for ANY growth. I guess, there can be a high jump in December 2018-January 2019, and then, after this event, Bitcoin can go up steadily. At least, I hope for this.
November 29, 2018, 01:18:58 PM
Think about its volatility , it allows us to earn huge profit than what we expected. While on the other hand if the market is stable then it prevents us to lose money but we cant reach our specific amount of profit
But, have you ever thought about the losses you would get when that volatile happen? You can't just think about the profit, more profit = more risk. Keep in mind either it's steadily increasing or in form of spikes have their own risk.
November 29, 2018, 11:59:24 AM
Think about its volatility , it allows us to earn huge profit than what we expected. While on the other hand if the market is stable then it prevents us to lose money but we cant reach our specific amount of profit
But, have you ever thought about the losses you would get when that volatile happen? You can't just think about the profit, more profit = more risk. Keep in mind either it's steadily increasing or in form of spikes have their own risk.
November 29, 2018, 11:48:44 AM
Think about its volatility , it allows us to earn huge profit than what we expected. While on the other hand if the market is stable then it prevents us to lose money but we cant reach our specific amount of profit
But, have you ever thought about the losses you would get when that volatile happen? You can't just think about the profit, more profit = more risk. Keep in mind either it's steadily increasing or in form of spikes have their own risk. November 28, 2018, 08:24:43 PM
I like both, the volatility of the surge is strong up and growth is stable, but for a strong surge upwards I may have to be careful because the price of cryoto can go down quickly without notice. so I chose both because it could reduce the risk of crypto trading, and get a decent profit
November 28, 2018, 06:53:50 PM
Just to back up my point as regards choosing the steady growth of bitcoin rather than the spikey growth. The Investors would really want a peace of mind than heartaches experienced when viewing the spikes on their investments. As much as the market is a volatile one, a relatively stable one is welcome gradually.
November 28, 2018, 05:34:16 PM
my choice would be , id like to see bitcoin grow in a steady manner or in a a stable condition because i dont want my btc holdings to go down since i am an investor and i usually hold my bitcoins for a lot longer time but even the price is stable im pretty sure that it can still grow , because there were still investors that will possibly invest on bitcoins and there will also buyers that will buy bitcoin because they will use it for buying or for paying purposes . yet the price can also decrease somtimes , whenever some users decided to sell thier bitcoin but that can rarely occur .
November 28, 2018, 01:08:16 PM
Converting a really interesting question and discussion posted by another good member here into a poll so we can actually understand what the popular sentiment is.
ORIGINAL QUESTION/DISCUSSION:
Quick notes:
We can keep the discussion on the original thread, I just think it would be great to get the numbers backing the pages of discussion. Cheers!
ORIGINAL QUESTION/DISCUSSION:
I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.
So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?
So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?
Quick notes:
- Steady growth would be a slow and steady advancement, the growth trajectory of a more stable investment
- Spiked growth would be cyclical periods of advances and declines
We can keep the discussion on the original thread, I just think it would be great to get the numbers backing the pages of discussion. Cheers!
A steady growth would certainly be better and would generate more trust among investors than all this extrem ups and downs. Many people lose their faith in crypto currencys when prices keep falling in the basement and this is certainly not good for the whole crypto market. Crypto currencys need many supporters if it is to become mainstream, but as long as people keep leaving the market because they have lost their money, it will be hard for crypto to become mainstream. So slow and steady growth would be better than all that pump and dumps. So let's hope at some point we have steady growth after all.
November 28, 2018, 12:53:49 PM
I would like to see both! a combination of steadily increase with some crazy spikes exact to my high sell orders 
and then buy again yai!
and then buy again yai! November 28, 2018, 12:43:07 PM
The bigger fluctuations cripple the more we can earn. Sometimes, on such fluctuations in a month, you can earn a lot more than the usual work for the whole year.
November 28, 2018, 12:19:17 PM
I want to see a big spike in the market and continue to rise.
As of now we need a big rise for the bounce of the price.
Afterwards we can have the steady rise of it which will never happen!
BITCOIN is in the market and it is subject to fall and rise!
As of now we need a big rise for the bounce of the price.
Afterwards we can have the steady rise of it which will never happen!
BITCOIN is in the market and it is subject to fall and rise!
November 28, 2018, 12:00:22 PM
I want to best for BTC and this rise and fall need to stop. I prefer steady growth to the spike and fall. We need to have good mechanism to value BTC, most of the value are subjective and from speculations, if we get this right and through adoption the price gain more value it is better for everyone but this I know people have short memory and will soon forget a period like this and will start shouting MOOn and Lambo in 2020
November 28, 2018, 10:49:32 AM
Price spikes can be profitable to the daytraders but if you are coinholder, steady growth is preferrable. But the crypto market has a price cycle to follow so it won't going to have a steady growth. The growth of every cryptocurrency is also affected by supply and demand and some possible price manipulations by the big investors or whales.
For sustainable growth, I believe spikes should be the last thing. Day traders can still always make a lot of profit from the market if the growth is steady. There will always be fluctuations but with a steady growth, there is always sanity. Spikes on the other hand, are just pretty as a result of FOMO and greed, and the last time I checked, that is something that we all know what it usually results to. Jump to: