Topic: Should bitcoin rise and fall? - page 3. (Read 781 times)
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..
Should, bitcoin down and up is reasonable, because no one can predict bitcoin prices. All crypto must go up and down like bitcoin.
Not just all crypto but generally, every market has been fashioned to be that way as long as we keep having the law of demand and supply in play. I really do not know what people are expecting from bitcoin or other cryptocurrencies but the thing is that it would always end up having some swings even as we go on, which may be reduced over time as a result of the cap but at the same time, nothing is guaranteed.There will be no doubt bitcoin will keep rise and fall even every bitcoiner will be hating that "fall" part. Fall is being happened due to some of us only. In some sense, fall is nothing but profit booking by some people or trader or some investors but definitely one of us.
It's astonishing why people are still so confused in accepting the truth about Bitcoin that it is a digital currency, the price fluctuation is the sign of life for it. It's far away from the dollar guys, stop thinking ordinary. People keep on looking at it's performance and demands for it to become like fiat with giving them all the charm and profit of a cryptocurrency, this isn't possible anyway.
This happens because people lack imagination, I have seen economists saying that bitcoin cannot work and when they described what they think it will work, they are basically describing fiat, they do not understand that bitcoin is something completely new and revolutionary, that is not just another currency, that is not just another way of investing your money, that is not just another way to make money, it is something different, it is something new, so I really think that this is a case in which people are unable to accept that the paradigm of what constitutes a currency has changed. A lot of people compared to the market value of the dollar, so even if they came out, one bitcoin was worth $20,000, $100,000. Many people think that a good currency should not be a big flop. A widely used currency should not rise and fall. The problem, however, is that bitcoin is not mature at this stage. Conversely, assuming that the current price does not rise and fall, how many people will rush into the exchanges?
You are choosing the US dollar as an example of what a currency should be but if I remember correctly the US dollar has been crashing for a long time in the last 100 years it has lost 98% of its purchasing value, and yet people use that currency, it is true that the variations in the price of bitcoin are more abrupt, for example bitcoin lost about 70% of its value just in the recent rash, and that was just in a few months but that statistic is very deceiving because it left out that bitcoin went up almost 2000% in a year something that the dollar will never do.
Bitcoin is more of an investment instrument, a "digital gold". The price of gold also fluctuates, on a lesser scale but it is expected considering the fact that gold is known for many centuries, but bitcoin is still in its early stage. Exchange rates of different currencies also fluctuate.
Bitcoin’s rise and fall of its market price is already imbued to bitcoin’s existence in cryptoworld. Since bitcoin started 10 years ago, the rise and fall of its market price is already part of its jouney before it reached 20,000$ value.
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?
I think there's nothing to worry about if bitcoin prices can go up and down because it's normal, demand and availability are one of the factors that influence the price of bitcoin, but with the unstable bitcoin price can allow bitcoin prices to rise high and that would be an advantage.
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?
I think there's nothing to worry about if bitcoin prices can go up and down because it's normal, demand and availability are one of the factors that influence the price of bitcoin, but with the unstable bitcoin price can allow bitcoin prices to rise high and that would be an advantage.
Bitcoin increase and decrease continuously in the market. Price change in just minutes. There are times when you feel facing the numbers. I myself always meet when the numbers that change this affect my pocket money.
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I prefer both. Reasons 1: BItcoin should fall so I can afford more to fill up my bags. 2: it should keep on rising so I get enough $$ to purchase my altcoins bags. Nevertheless when bitcoin rises you sell when it dip you buy so both are needed for BItcoin to success. So I'm on both sides
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?
it is true, it is true that the value of currency for daily transactions is stable. While bitcoin bitcoin always changes, but it becomes better when we use it to invest not for daily transactions.
Bitcoin market is known for its fluctuations, sometimes the value go up and sometimes go down. It is the beauty of Bitcoin and made it very interesting according to the well of people. People we have seen are now special ones as they are buying valuable cars and other products after making the billions and millions using Bitcoin in real means. This all is possible just because they invested in low market and sold out in high market.
Exactly! The continuous rise/fall is becoming the nature of bitcoin. Understanding this nature makes you better trader and will stop stockbrokers enetering the cryptoworld.
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.
wanting bitcoin price to be stable at this point is like wanting a toddler to run in the marathon!
bitcoin is still that toddler who is in its early stages of lifetime. it needs a lot of time and growth before being ready for that marathon and have a stable price. good news is that if you look at the past 9 years you can see that bitcoin has been on the correct path to become more stable and have less volatility and be prepared to be used as a day to day currency.
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.
wanting bitcoin price to be stable at this point is like wanting a toddler to run in the marathon!
bitcoin is still that toddler who is in its early stages of lifetime. it needs a lot of time and growth before being ready for that marathon and have a stable price. good news is that if you look at the past 9 years you can see that bitcoin has been on the correct path to become more stable and have less volatility and be prepared to be used as a day to day currency.
A widely used currency should not rise and fall.
But bitcoin doesn't have it's own stable price so if you value and understand it's own state of becoming a cryptocurrency that doesn't have it's own value, rise and fall may occur.Conversely, assuming that the current price does not rise and fall, how many people will rush into the exchanges?
Estimate on how many people are going to exchanges buying the FOMO, buying the rumors and selling the news. 
Investors and users adopts bitcoin for the reasons of the huge income that might earn. Yes reasonable for the rise and fall even others currency it should be fluctuates as the normal flow.
Well, this is the main reason investors invest in any market in the first place. We would not call it investment if there is no future, potentials or nothing to gain from it. However, fluctuation is not something anyone should not expect at all in this market. It is normal to see this once in a while and we should always be ready to accept it whenever it comes. Also, it is this pretty big swing that makes investors and huge institutional traders to want to tap from the market.Without fluctuations it won't be popular as it is now.
There are hundreds of stocks which are keeping fluctuating but within some range, are not popular how bitcoin is and within the time span of 10 years. I mean even bitcoin is fluctuating, it keeps rising toward upward in long term. It's astonishing why people are still so confused in accepting the truth about Bitcoin that it is a digital currency, the price fluctuation is the sign of life for it. It's far away from the dollar guys, stop thinking ordinary. People keep on looking at it's performance and demands for it to become like fiat with giving them all the charm and profit of a cryptocurrency, this isn't possible anyway.
It's ignorance at best, and also the rough nature of this market messing with people. If the price ends up being stable for a while, people get bored and open threads asking what the reason is and when volatility will return.Once the market is volatile again, people then complain about how Bitcoin isn't usable as currency because it's not as stable as this or that fiat currency. People just don't know what to do or think anymore.
I would even say that there is a certain form of hypocrisy involved because of how everything depends on their mood and their moment of entering the market. These people aren't contributing to this ecosystem at all.
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.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.
The price of fall and rise is common for bitcoin in the cryptocurrency world. After a long time the price of bitcoin is increasing for past two days. Now the bitcoin investors are very happy. Many people are now ready to buy bitcoin due its popularity. Because people know bitcoin will give more profit than normal fiat savings. Due to insufficinet supply of bitcoin the price goes down now it change to normal. Bitcoin will hold lot of people at present so the price is increasing. We dont know whether the price hike is going to continue or not. Hope it will continue let's wait and see.
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