Spiked growth means more profits for the bulls and bears on the market,in general,more profits for the crypto whales.
That's why spiked growth is the only possible price pattern for bitcoin.Nobody would want a slow and steady growth-whales,newbies(who want to make big profits fast),not even the cryptocurrency exchange platforms.
Topic: POLL: Would you rather see Bitcoin price grow steadily or in spikes? - page 3. (Read 741 times)
November 22, 2018, 08:58:24 AM
November 22, 2018, 08:45:30 AM
Ha! Like most boring, sensible people, I would love to see Bitcoin growing slow and steady rather than in spikes. It appeals to my conservative nature. 
But then again, I make a lot of decisions at the last minute. I would call it inspiration. Others might call it impulse.
But then again, I make a lot of decisions at the last minute. I would call it inspiration. Others might call it impulse. 
November 22, 2018, 08:43:29 AM
I'd definitely prefer steady growth personally, but I do think it's more likely that we'll keep seeing these sudden spikes.
The market just seems to remain very volatile in general, so it's unavoidable for the near future.
That said, volatility is slowly decreasing, but it's still nowhere near the volatility of most fiat currencies.
The market just seems to remain very volatile in general, so it's unavoidable for the near future.
That said, volatility is slowly decreasing, but it's still nowhere near the volatility of most fiat currencies.
November 22, 2018, 07:53:45 AM
I think that most people prefer stability, that's why I vote for a smooth schedule of bitcoin.
But for traders, it is probably preferable to a course jump.
But for traders, it is probably preferable to a course jump.
November 22, 2018, 07:48:31 AM
I really want the price of bitcoin to grow steadily and slowly. This shows that they have a great deal of loyal investors and they will hold on until the other guys are out of bitcoin. It will grow forever and will create more confidence for the traders.
November 22, 2018, 07:44:04 AM
When bitcoin prices are stable and expect a 5-10% profit, large investors will be happy and smile. They will not lose a lot of money when prices fall and can make big profits when investing all their money.
November 22, 2018, 05:21:39 AM
I would rather see a steady growth rather than spiking movement, this can really attract more investors because they are assured that prices are not forcefully manipulated just for it to show signs of life and or a minority of the investors be benefitted from this. I think a health coin has a steady growth, even though this growth does not consumate overnight still, a slow steady uptrend will still be a plus factor in all these.
November 22, 2018, 03:11:23 AM
We had our best performance when people could invest $1000 today and then sell it for say $1100 the next day.
Haha, yeah, 10% daily return is great (unheard of) performance.
Do you believe this volatile spike history of bitcoin has helped or hurt broader adoption? I'm starting to think it's hurt us.
November 22, 2018, 03:06:22 AM
We had our best performance when people could invest $1000 today and then sell it for say $1100 the next day. An investment is attractive when there are constant upwards movement in the price.
A sudden spike only draws speculators with trigger fingers and they dump coins at the slightest drop in the price. We have seen that, when the correction phase started in Q1 of this year.
Bring back slow, but constant growth and Bitcoin will succeed.
A sudden spike only draws speculators with trigger fingers and they dump coins at the slightest drop in the price. We have seen that, when the correction phase started in Q1 of this year.
Bring back slow, but constant growth and Bitcoin will succeed.
November 22, 2018, 02:54:35 AM
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!
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