Author

Topic: POLL: Would you rather see Bitcoin price grow steadily or in spikes? (Read 760 times)

member
Activity: 644
Merit: 10
COVIR.IO
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
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
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.
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
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).
legendary
Activity: 2170
Merit: 1427
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.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
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
sr. member
Activity: 980
Merit: 252
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.
member
Activity: 336
Merit: 10
Harmony for One and All
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
legendary
Activity: 1358
Merit: 1000
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.

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.
full member
Activity: 1050
Merit: 100
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.
All of that have risk, what ever happen spike or steady growth will always have a losses if you don't know how to manage. Steady growth is having advantage when you invested already and the other hand spike is also good when it comes in investing. But the reason how to earn profit is one, the volatilization of crypto which is fluctuating the price and makes us profit.
fluctuating prices make the sensation itself, the greater the price fluctuations, the greater the opportunity to get rich quickly. but that applies to those who have experience in trading
full member
Activity: 938
Merit: 105
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.
All of that has a risk, whatever happen spike or steady growth will always have losses if you don't know how to manage. Steady growth is having the advantage when you invested already and the other hand a spike is also good when it comes in investing. But the reason how to earn a profit is one, the volatilization of crypto which is fluctuating the price and makes our profit.
hero member
Activity: 2814
Merit: 526
Reward: 10M Shen (Approx. 5000 BNB) Bounty
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.
full member
Activity: 504
Merit: 100
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
full member
Activity: 490
Merit: 101
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.
full member
Activity: 756
Merit: 102
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 .
legendary
Activity: 1988
Merit: 1768
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:
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?

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.  Wink
sr. member
Activity: 924
Merit: 281
Trooper Founder & CEO
I would like to see both! a combination of steadily increase with some crazy spikes exact to my high sell orders  Grin and then buy again yai!
member
Activity: 210
Merit: 18
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.
hero member
Activity: 762
Merit: 500
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!
hero member
Activity: 868
Merit: 500
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
sr. member
Activity: 630
Merit: 250
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.
sr. member
Activity: 826
Merit: 256
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.
legendary
Activity: 1526
Merit: 1179
Definitely slow growth. I'm not here to cash out short term profits on the way up, which means that spikes have no value to me at all. I have a long term goal in mind I am working towards.

Most of the people you see complain about the current bear market are here solely for the profits. These people were also complaining about the market being boring because of how it kept hovering between $6000-$7000.

What's happening right now is that we see the real hodlers seperate themselves from the short term profit chasers, and this is very much indicating that we might be near the bottom.

From $20,000 to $4000 is an 80% correction. 90% corrections aren't unusual for crypto, but is it really worth waiting for something that might not happen? The risk to reward ratio is heavily biased towards the up side.
sr. member
Activity: 812
Merit: 250
I want to see the price of bitcoin in spikes which can able to make more profit unlike in steady price. If there is an steady market its hard to gain profit and its very hard to know if you will buy in a dip. So basically, I would rather choose spikes price than steady price.
hero member
Activity: 798
Merit: 527
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:
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?

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!
Steadily increasing puts a limit to what it can be, if there is steady increases in the price people would calculate how much it would help them and invest, which would make the price go up because people would want steady increases but that would cause a spike in the price. So we can never have steady growth in bitcoin. Spikes on the other hand is possible and currently what we have.

I do not enjoy the lower spikes and higher spikes do not stay for too long whereas low spikes stay for months (and even years once) so it is a nerve wrecking thing. In short, of course we would prefer a bitcoin that gives us basically steady interest rate (in bitcoin) that doesn't change much but that would cause it to spike whereas spikes gives us anxiety on what will happen next.
hero member
Activity: 1148
Merit: 504
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.  Sad

Bring back slow, but constant growth and Bitcoin will succeed.  Wink
I think all investors want it to happen, they certainly can easily get profit because of the constant growth that exists, but in fact the price of bitcoin is very volatile and unpredictable, prices sometimes will stabilize and sometimes change very quickly, we can just lose and can profit
member
Activity: 335
Merit: 10
Stable growth is usually long-term, which helps investors find confidence. Crazy growth is conducive to the promotion of cryptocurrency. Many people have the idea of getting rich overnight to enter cryptocurrency. Usually stable growth, coupled with explosive growth, will allow cryptocurrencies to enter the bull market, and many investors will enter crazy investments.
hero member
Activity: 1274
Merit: 516
A sudden spike will show that the market is full of manipulation and usually it will end up with correction, the spike growing situation wont be too respected by the investors, but the traders will be happy with this situation, while slow but sure growth will show that there are more people interested in crypto this situation, and it can attract more investors, so I prefer the grow steady situation
member
Activity: 798
Merit: 10
I am prefer choosing steady growth. Its good for our psychology and more people will join in market if bitcoin have steady growth. Steady growth give others project to grow and its will be a good market to investing our money
legendary
Activity: 3122
Merit: 1140

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!

Steadily or gradual increase is what most people do really like to see about because this signifies high level of adoption of btc but talking on full scale adoption I don't see for the price
to head or behave like that.Imagine, having active transactions on daily basis on huge volume I don't really see for the price not to be volatile.

Long term investors + Merchants= Always considered on this one
Short term traders/scalpers = Would always prefer on high spikes due to fast profitability.
newbie
Activity: 63
Merit: 0
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.
hero member
Activity: 826
Merit: 518
I think we should sell our cryptos when the prices are spiking,the next day the prices might go higher but still we made the profits from our investments but selling at the steady market looks like not profitable and also the prices may go deeper in the next days,so sell your coins when you made some profits only if you are a trader.
hero member
Activity: 1680
Merit: 655
It really depends on who you are asking. If you are an investor who does not monitor their investments and is looking for a one time earning you would probably like a steady growth on the asset. But for traders it will be ideal for them to see a spike growth for Bitcoin, this is favorable to them as they can always short sell BTC in order to accumulate more. The traders right now are probably earning from BTC consistently as they are buying and selling it at a profit based on the current movement of Bitcoin. I personally like BTC's movement now as I have no plans of adding more cash into the market that is why I always short BTC when the opportunity arises.
legendary
Activity: 3122
Merit: 2178
Playgram - The Telegram Casino
I'm not going anywhere, so I'd prefer a slow but steady growth. This would also be more beneficial to Bitcoin's usage as a currency or store of value, rather than being the high-risk high-reward kind of asset it currently represents. Profits are nice, but I want a long-lived technology as well.

It can't be denied though that Bitcoin's growth spikes are what lead to its popularity in the first place. Volatility and drama catches more eyes than reliability. As such I think of Bitcoin's growth spikes as a necessary evil until we've reached widespread adoption.
sr. member
Activity: 672
Merit: 250
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.
it's true and I also like you prefer bitcoin to grow even though it's slow, because with the growing bitcoin prices, more and more investors believe again that bitcoin is a coin that has high potential and has a bright future
legendary
Activity: 1470
Merit: 1079
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.
full member
Activity: 504
Merit: 102
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:
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?

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!

Of course it would be a steady growth. What should it mean if the price of it spiked upwards but would also suddenly spiked to go down?
full member
Activity: 420
Merit: 136
Anyone who says spiked growth does not have the best interests of bitcoin at heart or at mind, they only care for themselves and their short term profitability. If bitcoin can grow slow and steady it can gain mass adoption, that's the ideal for bitcoin adoption and also for profitability, it won't be some flash in the pan wealth that lasts a year, it will provide lasting wealth.
full member
Activity: 364
Merit: 100
I would rather choose bitcoin price grow steadily because you will know already the profit you can earned once this become stable and I think we can use it effectively in buying online through the use of bitcoin. But there's always a side effect if this become possible there would be know investors invest with bitcoin because it is now stable therefore their bitcoin become stable also that's why they can't generate bitcoin if this become stable.
hero member
Activity: 1190
Merit: 534
I am happy with the current trend of the poll as the voters have almost unanimously voted for the steady growth and that's how it should be.  The sudden overnight growth is beneficial for the big whales and institutional investors as it gives them quick profit without employing their capital for a longer period. However, as far as the growth of the sector is concerned, there is no option to the steady growth of it over the period of time.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
I prefer to have a slow and steady growth rather than an explosive and completely unpredictable bitcoin growth. Both are growth in their respective terms, though the risk is minimal on the former compared to the latter. Knowing that I am a systematic and somewhat slow person in terms of investment, I'll gladly just leave my money on something that I know will appreciate instead of stressing myself out on late-night market actions. It's also preferred by most people on the sidelines, and that's no speculation too.
hero member
Activity: 3164
Merit: 937
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.
newbie
Activity: 28
Merit: 0
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.  Grin But then again, I make a lot of decisions at the last minute. I would call it inspiration. Others might call it impulse.
legendary
Activity: 1792
Merit: 1283
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.
member
Activity: 462
Merit: 12
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.
full member
Activity: 435
Merit: 100
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.
jr. member
Activity: 555
Merit: 2
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.
full member
Activity: 448
Merit: 103
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.
hero member
Activity: 1106
Merit: 638
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.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
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.  Sad

Bring back slow, but constant growth and Bitcoin will succeed.  Wink
hero member
Activity: 1106
Merit: 638
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:
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?

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!
Jump to: