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Topic: Should bitcoin have risen a little slowly? - page 13. (Read 1373 times)

full member
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Actually, we totally cannot predict what the price of Bitcoin can be in the future. So all we can do is assuming some statement that actually still uncertain. The up and down of the price of Bitcoin is very normal and usuall. It is happen all the time and people still debating about what cause the price of Bitcoin always changing. But for me, it actually does not matter me that much. That is because all I do is long term invest. So I only care about the final result. One thing is for sure, with the up and down of the price right now, the price of Bitcoin will recover sooner or later. It will be fine with the time goes by. We just need to be patience.
full member
Activity: 378
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In my opinion. which makes people afraid of bitcoin besides unstable prices is not yet legalized digital currency by all countries. if the digital currency is legalized, the government is afraid that all investors will move into digital currencies so that it will worsen the state of the economy and make the conventional currency losing exchange rates against foreign currencies.
sr. member
Activity: 630
Merit: 251
I think if bitcoin rose quite steadily and slowly people wouldn't look at the best cryptocurrency with an "evil eye". Going forward, do you think a slow steady rise, rather than a speedy erratic rise is good for bitcoin to get "accepted" all over the world? The sudden rise seems to scare people and  governments.
Yes that will be much better if you consider the safest way to earn profit. But, bitcoin do not have the capability or assurance to do that because it is very volatile. If it would increase at a steady rate it will be only similar to stocks. Because of that, bitcoin will suddenly lose its popularity because it is not unique anymore. I like bitcoin the way it is today because it has the capability to make the poorest investors rich.
sr. member
Activity: 630
Merit: 250
I think if bitcoin rose quite steadily and slowly people wouldn't look at the best cryptocurrency with an "evil eye". Going forward, do you think a slow steady rise, rather than a speedy erratic rise is good for bitcoin to get "accepted" all over the world? The sudden rise seems to scare people and  governments.

economic experts now put their eyes on bitcoin, their opinions will be spread around the world that can affect bitcoin price.
Bitcoin price has become absolute unpredictable thing, not just it will rise or decline, but also it will a slow steady rise or a speedy erratic rise, even not impossible a speedy decline.
legendary
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Majority of the community can't control the price change since its influenced by the demand and the supply of the market. The price of Bitcoin has been unsustainable for a long time. If anything, the rise in the price was indicative of people buying with hopes of being rich. It wouldn't have risen so fast if the adoption were to increase.
newbie
Activity: 126
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I am sure btc will be uprise in short time
full member
Activity: 504
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I think if bitcoin rose quite steadily and slowly people wouldn't look at the best cryptocurrency with an "evil eye". Going forward, do you think a slow steady rise, rather than a speedy erratic rise is good for bitcoin to get "accepted" all over the world? The sudden rise seems to scare people and  governments.
You have the point mate. I guess that is what happening right now. After the highest climb last year on last quarter and huge drop in the first quarter of 2018, that scares people and investors. But I guess they are just observing for now and wait for the right time to invest before it climb back to its highest reached price and break its own record.
newbie
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This means that the system remains functional for any number and any combination of network participants. No central bank in the world and no organization controls emissions and payments in bitcoins.
sr. member
Activity: 532
Merit: 250
It is the best cryptocurrency but its growth has been slow,some time it crash.
Bitcoin is the best crypto currency that give high profitable income, but now bitcoin is dropped and slowly to rise again but soon it back to normal and zoom again in the whole world to give much more income to all there investors.
jr. member
Activity: 182
Merit: 1
If the price of bitcoin is steadily increasing and no sign of dropping, what would you think would happen with the market today? Bitcoin holders must be happy since they have their chance of getting rich by any minute, there is no competition anymore, that's why being volatile is one challenge that make the bitcoin activity fun and intriguing.
newbie
Activity: 226
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 i don't think the pace at which Bitcoin got to the top matters, even if it gradually grew and reaches the heights it had, there still would have been criticism and lots of negativity, everything that succeeds attracts negativity
full member
Activity: 266
Merit: 151
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We all want to see the price of bitcoin increase, slowly or rapidly. The thing is, when Bitcoin hit 20K last year December, that's when it caught the attention of governments. Banks started to worry they would lose control, so they started to lobby for regulations. Now financial institutions are pushing hard for so-called anti money laundering regulations, but that's not the real reason. Bank accounts running empty, that's what they fear.
jr. member
Activity: 322
Merit: 1
This is not right i think because i saw that some time bitcoin boom its price in a short time.It is not called slow it is fast and very first increase its price so i think it is a wrong thinking about bitcoin...
full member
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A correction is expected from bitcoin and the whole market needs to be corrected. I think bitcoin moves to fast at the end of last year, so that the correction is happened and now bitcoin and the whole crypto market is stable. Steady move is good for future.
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Activity: 350
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I think if bitcoin rose quite steadily and slowly people wouldn't look at the best cryptocurrency with an "evil eye". Going forward, do you think a slow steady rise, rather than a speedy erratic rise is good for bitcoin to get "accepted" all over the world? The sudden rise seems to scare people and  governments.

No, the problem in here is that bitcoin had a drastic change on the price on December, and that was not natural my friend..

Just look at the charts, and tell me.. Do you really think that a "pump" from $7,800 to more than $19,500 in just one week and two days are "normal"?

It is not, and that was the main thing of why a lot of whales decided to take profit in there.

So what do we have now?... Of course, we are on a death market right now, but it is still normal just like it was before (one month ago i mean, maybe)


Absolutely spot on. Steady move is good for bitcoin and it helps to understand people that it is not just a pumping shit, it has a good and strong value which can remove fiat and can be acceptable as a payment system.
Talking of payment bitcoin needs to reduce the transaction fees so that anyone can use bitcoin.
full member
Activity: 294
Merit: 107
I think that it would be better for Bitcoin to rise slowly. Now we are experiencing the effect of fast increase and bull market. Huge demand caused Bitcoin transaction fees to vastly increase. I think that Bitcoin was not ready for so many people to use it. Bitcoin now will decrease now but I guess it won't take a lot of time before some investors see potential in Bitcoin and launch a project associated with cryptocurrencies. We are slowly getting ready for more people to use Bitcoin, be patient and panic. Bitcoin will recover soon, don't worry.
full member
Activity: 266
Merit: 100
I think bitcoin will gradually increase. Still some countries see it blindly. They still could not get the right idea about the benefits of Bitcoin. When it gives legitimacy to the world, it will spread worldwide. And continue to grow.
member
Activity: 101
Merit: 10
February 08, 2018, 06:33:55 AM
#84
I think if bitcoin rose quite steadily and slowly people wouldn't look at the best cryptocurrency with an "evil eye". Going forward, do you think a slow steady rise, rather than a speedy erratic rise is good for bitcoin to get "accepted" all over the world? The sudden rise seems to scare people and  governments.
If Bitcoin increases steadily, there will be a lot of attention from the community, and I think that, despite the high or low prices, Bitcoin will still retain its position in the virtual currency market. has started to make good progress by allowing Bitcoin to operate
hero member
Activity: 1680
Merit: 505
February 08, 2018, 05:35:36 AM
#83
The specificity of bitcoin is a large price fluctuation. It seems to me that rapid increases and sharp drops do not affect the market well. Slower and stable growth would not lead to such market breakdowns as now.
full member
Activity: 504
Merit: 105
February 08, 2018, 05:30:36 AM
#82
Bitcoin will be stable and slow to rise during this time, in March this year will be when the market boomed again and bitcoin will increase sharply. So those who have bought bitcoin at $ 5k a day ago are the best price you can buy bitcoin. I believe that in 2018 the cryptocurrency market will grow very strong and sustainable.
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