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Topic: Should bitcoin rise and fall? - page 2. (Read 803 times)

full member
Activity: 392
Merit: 100
ADABsSsSsSsSSSsS
May 04, 2018, 09:40:58 PM
A lot of people compared to the market value of the dollar, so even if they came out, one bitcoin was worth $20,000, $100,000. Many people think that a good currency should not be a big flop. A widely used currency should not rise and fall. The problem, however, is that bitcoin is not mature at this stage. Conversely, assuming that the current price does not rise and fall, how many people will rush into the exchanges?

The traders are always rush to the exchanges because they want the markets volatility in order to earn more profit, this is the reason why the market demand and supply is drastically changing its all because of the investors.
hero member
Activity: 840
Merit: 502
May 04, 2018, 08:54:05 PM
A lot of people compared to the market value of the dollar, so even if they came out, one bitcoin was worth $20,000, $100,000. Many people think that a good currency should not be a big flop. A widely used currency should not rise and fall. The problem, however, is that bitcoin is not mature at this stage. Conversely, assuming that the current price does not rise and fall, how many people will rush into the exchanges?
You are correct when you say that a widely used currency should not rise and fall it should be more stable, but the question is do you think that bitcoin is a widely used currency? Because I do not think so, it has a huge market cap but not many people are using it, when we finally get a significant amount of the population invested in bitcoin then we're going to get the stability we are looking for.
hero member
Activity: 728
Merit: 502
May 04, 2018, 10:49:48 AM
Bitcoin is more of an investment instrument, a "digital gold". The price of gold also fluctuates, on a lesser scale but it is expected considering the fact that gold is known for many centuries, but bitcoin is still in its early stage. Exchange rates of different currencies also fluctuate.
Bitcoin fluctuation is very good on one side and in not so bad on the other side. On one side the fluctuations or up and downs are good for those people who are not the part of Bitcoin and want to avail it but are with low savings so it is difficult for them to enter into it so the low market price will [provide them with the opportunity to afford Bitcoin at low price and then by holding that coins a time will come when the price goes high and they caste the opportunity.
newbie
Activity: 141
Merit: 0
May 04, 2018, 01:02:55 AM
A lot of people compared to the market value of the dollar, so even if they came out, one bitcoin was worth $20,000, $100,000. Many people think that a good currency should not be a big flop. A widely used currency should not rise and fall. The problem, however, is that bitcoin is not mature at this stage. Conversely, assuming that the current price does not rise and fall, how many people will rush into the exchanges?
You are choosing the US dollar as an example of what a currency should be but if I remember correctly the US dollar has been crashing for a long time in the last 100 years it has lost 98% of its purchasing value, and yet people use that currency, it is true that the variations in the price of bitcoin are more abrupt, for example bitcoin lost about 70% of its value just in the recent rash, and that was just in a few months but that statistic is very deceiving because it left out that bitcoin went up almost 2000% in a year something that the dollar will never do.
Bitcoin beauty has increased by its fluctuations and the whole world wonders at the market and finding it a joy of gaining extra money as it is an opportunity provided to take care of your money by your own handling. It had been falling since last few months but now it has been going upwards since few days and that is why the whole world is wondering at the market to take their decisions or abstain according to the market.
Bitcoin fluctuation is like you are selecting some fruits in summer and some in winter. If you are not in a position to afford Bitcoin at high price then the opportunity provides by Bitcoin is very good for you. The price will fall as the demand decreases and people get the opportunity to afford the Bitcoin at low price. While the ride of Bitcoin is all investors are here for.
legendary
Activity: 1036
Merit: 1002
May 03, 2018, 10:05:55 AM
A lot of people compared to the market value of the dollar, so even if they came out, one bitcoin was worth $20,000, $100,000. Many people think that a good currency should not be a big flop. A widely used currency should not rise and fall. The problem, however, is that bitcoin is not mature at this stage. Conversely, assuming that the current price does not rise and fall, how many people will rush into the exchanges?
Bitcoin is always fall and rise it is part of bitcoin market more country and user , people who uses the bitcoin around the world are enjoying the bitcoin unpredictable price since they buying and selling when the bitcoin price increase. They always taking the big risk to earn money, The bitcoin price will be stable when probably all bitcoin will be mined at all.
legendary
Activity: 2170
Merit: 1427
May 03, 2018, 09:55:50 AM
#99
Also, as cryptocurrencies have not officially accepted by governments and as there are always fear and greed in this market and it causes the prices to change sharply.

Governments will never 'officially' accept our current crypto currencies. The only thing we realistically can expect them to do is to properly/fairly regulate this market, and that's it. Whatever the government is doing after that is none of our business.

The main point here is that capital will need to shift towards larger, professional parties in order to somewhat stabilize this market. Currently it's noob versus noob, wannabe trader versus wannabe trader, and wannabe whale versus wannabe whale. As soon as institutions start taking over the majority of the circulating (on-market) supply, then stability will be very close. Bitcoin's currency utility will flourish at that point, where mass adoption and usage is the logical result.

People don't realize it yet, but they (especially the early birds) found a market that hasn't yet been taken over by wall street, enjoy it instead of criticizing the volatility.
full member
Activity: 658
Merit: 108
May 03, 2018, 09:12:38 AM
#98
Bitcoin or any other cryptocurrency should not be compared with fiat currencies. Fiat is always controlled by the central banks and the governments. But bitcoin is not controlled like fiat and the volatility is completely normal. Also, as cryptocurrencies have not officially accepted by governments, there are always fear and greed in this market and it causes the prices to change sharply.
sr. member
Activity: 980
Merit: 255
May 01, 2018, 10:38:56 AM
#97
I think its even better that bitcoin sharply rises and falls. It caches interest easier than any other investment schemes. It creates great wealth for people buying and selling on right times so..
First of all the amount of traders that are able to buy and sell at the right time are extremely limited because bitcoin is completely unpredictable, second bitcoin right now is not really generating wealth for those that buy and sell at the right time what it does is transfer the wealth from one person to the other, this is what many people do not like to acknowledge, trading is a zero sum game that means that if you win someone else needed to lose, and if you won a lot of money then that means that a lot of people lost money, so like in everything in life there are a few winners and many losers.
legendary
Activity: 1176
Merit: 1016
May 01, 2018, 04:50:24 AM
#96
I think its even better that bitcoin sharply rises and falls. It caches interest easier than any other investment schemes. It creates great wealth for people buying and selling on right times so..
This is one of the good and bad both qualities of Bitcoin and we can name it a double action of Bitcoin. The lowering of price helps new investors to afford it easily wile for investors who bought at the middle price while it was deceleration time so they would be facing with loss but you know the most good thing in this business is that you can never face with loss until you do not sellout act lower market.
member
Activity: 300
Merit: 10
April 30, 2018, 03:20:53 PM
#95
I think that this is a normal action for him, he repeatedly showed how after the fall he went up
sr. member
Activity: 700
Merit: 257
April 30, 2018, 12:05:56 PM
#94
A lot of people compared to the market value of the dollar, so even if they came out, one bitcoin was worth $20,000, $100,000. Many people think that a good currency should not be a big flop. A widely used currency should not rise and fall. The problem, however, is that bitcoin is not mature at this stage. Conversely, assuming that the current price does not rise and fall, how many people will rush into the exchanges?
actually not, what is needed is stability, why prices rise and fall it's because of the volality and FUD that attack the investors.
Rising and falling of bitcoin is not a bad thing, this is one thing actually that we should actually cared about and make this as a good opportunity instead or making panic all the time about it, some people prefer it as they are making money by buying at low and selling at high even for a bit.
member
Activity: 308
Merit: 10
April 30, 2018, 08:16:28 AM
#93
A lot of people compared to the market value of the dollar, so even if they came out, one bitcoin was worth $20,000, $100,000. Many people think that a good currency should not be a big flop. A widely used currency should not rise and fall. The problem, however, is that bitcoin is not mature at this stage. Conversely, assuming that the current price does not rise and fall, how many people will rush into the exchanges?
actually not, what is needed is stability, why prices rise and fall it's because of the volality and FUD that attack the investors.
hero member
Activity: 1078
Merit: 501
April 30, 2018, 06:36:42 AM
#92
Bitcoin is always rising and falling and we are the ones who will predict if we think that the market will go up or down so we are the one who is responsible to decide if we want to invest right now or maybe later.
jr. member
Activity: 118
Merit: 1
April 30, 2018, 05:54:21 AM
#91
It is true that money should be used in day-to-day needs to be stable, and I think that bitcoin is great for savings or investments.
Honestly, if I think no one can predict the price of Bitcoin let alone the price of bitcoin up and down with the negative issues against the currency Cryptucurrancy so that the Bitcoiner is a panic of course in doing Bitcoin Investment.
hero member
Activity: 1008
Merit: 501
April 30, 2018, 03:32:17 AM
#90
Bitcoin is more of an investment instrument, a "digital gold". The price of gold also fluctuates, on a lesser scale but it is expected considering the fact that gold is known for many centuries, but bitcoin is still in its early stage. Exchange rates of different currencies also fluctuate.
The fluctuations in Bitcoin market is useful as well as not useful for some kind of people who have emergencies and can not wait for their profits to sell out the coins a get the profit to meet their sudden needs, this is because they took the wrong decision to invest all of their wealth here.

We know that it is market and anything can happen here. The price decrease gives us another opportunity to invest at low market as we know that the price is achievable at low price and in future the profit is ours because the market will surely go high again.
sr. member
Activity: 714
Merit: 250
April 29, 2018, 10:15:14 PM
#89
yes,it is normal for the bitcoin price to rise and fall but there's no need for you to be afraid because your will still grow if you will not jump into panic selling.
It is normal for bitcoin rise and fall as this is the reason's for us who invest and other whales to enter the opportunity to buy and sell bitcoin. It is should be the market is alive, ordinary flow that we should expect.
member
Activity: 350
Merit: 12
April 29, 2018, 09:40:07 PM
#88
yes,it is normal for the bitcoin price to rise and fall but there's no need for you to be afraid because your will still grow if you will not jump into panic selling.
member
Activity: 210
Merit: 10
April 29, 2018, 07:54:55 PM
#87
In my opinion, bitcoin is not a currency because money is still up and down. Bitcoin is perfect if used as an investment for us who want to get big profit but besides that also we need to be careful in investing because bitcoin fluctuate
legendary
Activity: 1232
Merit: 1091
April 29, 2018, 04:29:54 PM
#86
I think its even better that bitcoin sharply rises and falls. It caches interest easier than any other investment schemes. It creates great wealth for people buying and selling on right times so..

While that may be true, it only applies to a small number of traders. It's not as easy as it looks to successfully trade the volatility, especially so when greed and fear are the daily driver. As rewarding as trading a volatile market can be, which is the only thing people think about, it can also turn out to be an easy way to lose money. It's still a matter of high rewards equal high risks. If you're willing to expose yourself to these risks, then fine, but at least understand the risks, which isn't something a lot people here do, and for that reason always end up on the losing side. In other words, don't just focus on the profits while the losses are a more likely scenario.
member
Activity: 525
Merit: 10
April 29, 2018, 12:05:35 PM
#85
A lot of people compared to the market value of the dollar, so even if they came out, one bitcoin was worth $20,000, $100,000. Many people think that a good currency should not be a big flop. A widely used currency should not rise and fall. The problem, however, is that bitcoin is not mature at this stage. Conversely, assuming that the current price does not rise and fall, how many people will rush into the exchanges?

What makes people interested in bitcoin because the price goes up and down, because bitcoin can increase and we get a profit, and if the bitcoin price is stable and does not rise and does not fall then there is no interest in bitcoin.
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