A lot of people compared to the market value of the dollar, so even if they came out, one bitcoin was worth $20,000, $100,000. Many people think that a good currency should not be a big flop. A widely used currency should not rise and fall. The problem, however, is that bitcoin is not mature at this stage. Conversely, assuming that the current price does not rise and fall, how many people will rush into the exchanges?
You are choosing the US dollar as an example of what a currency should be but if I remember correctly the US dollar has been crashing for a long time in the last 100 years it has lost 98% of its purchasing value, and yet people use that currency, it is true that the variations in the price of bitcoin are more abrupt, for example bitcoin lost about 70% of its value just in the recent crash, and that was just in a few months but that statistic is very deceiving because it left out that bitcoin went up almost 2000% in a year something that the dollar will never do. 
Topic: Should bitcoin rise and fall? - page 4. (Read 779 times)
My crystall ball says that its going up but its little cloudy for now.
I am holding from 3000$ so its not a problem if it drops to 4500$ but sure its going to rise in this year.
Ethereum is also start to rise and lets hodl all together.
I am holding from 3000$ so its not a problem if it drops to 4500$ but sure its going to rise in this year.
Ethereum is also start to rise and lets hodl all together.
We can't have a rise yet... I still need to buy some more. Everything is looking like a good buy, but Bitcoins market sentiment seems to be very bullish. Its good to see so much support at $8000.
Still, who knows, the market can decide to give another bonus, so let us see how this is going to be playing out anytime soon though but one thing we can never stop seeing is the volatility as it happens in every market. As per current market situations, the market may keep rising as US tax payers may come with fresh capital to bump bitcoin prices.
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.
Do you think the Bitcoin is more suitable for daily transaction than Bitcoin Cash? The BCH has risen a lot compared to BTC recently.
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.
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.
Should, bitcoin down and up is reasonable, because no one can predict bitcoin prices. All crypto must go up and down like bitcoin.
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. Without fluctuations it won't be popular as it is now. Should, bitcoin down and up is reasonable, because no one can predict bitcoin prices. All crypto must go up and down like bitcoin.
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. Without fluctuations it won't be popular as it is now.
Should, bitcoin down and up is reasonable, because no one can predict bitcoin prices. All crypto must go up and down like bitcoin.
how do I explain it, all currencies are erratic depending on several factors such as Until now there is no one Bank that validate Bitcoin as a legal means of payment. Bitcoin is mostly used as a trading asset rather than used as a medium of exchange or a means of payment. traders speculation is one of them that makes prices uncertain, can go up or down
The reason why it is mostly used as a store of value is simply because a lot of people started perceiving it more as a speculative asset than being a currency and until we start having that in real life, we will just keep experiencing the huge volatility behavior it comes with.Rise and fall of every market is something that we always have to deal with either as an investor or as a trader and it is simply what cannot be changed in any market which makes me wonder why people are always so keen about the cryptocurrency market behavior like it should just keep rising.
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?
Well, that is the difference. At least for now, bitcoin cannot be classified as a full form of currency since a whole lot of people are beginning to classify it more as an asset which is speculative in nature. However, we cannot just expect such a growth within a very few or short period.Bitcoin normally is passing through the growth phase and all these things are normal. If we get to see bitcoin reach that level on a global scale, I am sure some of that would change eventually. Nevertheless, we cannot expect the value not to rise and fall against another currency, even dollar does when you are comparing to other currencies or trading with other currencies.
A lot of people compared to the market value of the dollar, so even if they came out, one bitcoin was worth $20,000, $100,000. Many people think that a good currency should not be a big flop. A widely used currency should not rise and fall. The problem, however, is that bitcoin is not mature at this stage. Conversely, assuming that the current price does not rise and fall, how many people will rush into the exchanges?
Well that is one thing about bitcoin, the price of it is so volatile and ever since we started investing in bitcoin we already knew about this characteristics of bitcoin, you can either take it as an advantage or disadvantage. Well for some people commonly known as traders they make use of a coins volatility by trading it in the market and they can earn a good amount of profit from what they are doing which means it is also helping a lot of people to earn. But if you look at the negative side just like what you said it still cannot be considered as a currency because the price is continuously changing and there are very few establishments that accept it as a mode of payment.
BTC rise and fall it's usual structure of the pattern reflects the economic needs of a compact society so that the BTC value can sometimes be very high quickly and vice versa,well BTC is still very young right that said someone above who stated BTC is still very young which can't be compared with FIAT value structure that is supported by all countries at this world.I think one time the value of BTC sales will be balanced not far with the demand.
Bitcoin should rise now because from the price of 20000$ last end year it lifted down to 5000$ and that' is frustrating so meaning to say it is the right time to buy bitcoins and also the right time to rise the price of bitcoin. It should higher than 20000$ hoping for it.
I think bitcoin should rise and fall because this is what people looking for so they can make a profit from bitcoin. besides that, if they can buy bitcoin at lower price, they can wait for the price to increase so they can sell bitcoin in higher price. just imagine that bitcoin price is stable at one price and this will difficult to us to make a profit but I think this will be easy if the altcoin is rise and fall too so we have another chance to make a profit.
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it is already a bitcoin tradition if the price is always up and down, because the bitcoin is nothing to control and bitcoin also its value can not be in the prediction as well. then of course that can control the price of bitcoin of course enthusiasts themselves
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?
indeed the nature of bitcoin is erratic with prices, can go up can go down. and it's reasonable, indeed the appeal of investors and users is on the price. I will agree with you, cause the fluctuation in the price of bitcoin is too much and will not be encouraged to be used on a day to day activities. For me, bitcoin is best fit for investment as it has a potential of rising (making good profit to the investor) and falling (which is seen as a normality with it).
So, bitcoin rise and fall cause it is its nature.
Well, we don't know what is in the mind of some people, for some it is really worth holding at but most of us if the value of bitcoin rises we are immediately cashing out so that we can enjoy the fruit of holding it for a short time, so don't be amaze or surprised why bitcoin is volatility. So, bitcoin rise and fall cause it is its nature.
I will agree with you, cause the fluctuation in the price of bitcoin is too much and will not be encouraged to be used on a day to day activities. For me, bitcoin is best fit for investment as it has a potential of rising (making good profit to the investor) and falling (which is seen as a normality with it).
So, bitcoin rise and fall cause it is its nature.
So, bitcoin rise and fall cause it is its nature.
No stable ever in the market. Change is always at the sides of market place for every season's is not the same season that we think as normal but there are something that we don't know beyond our imagination. So price will always changing.
That is one of the magic in bitcoin, the market really rise and fall and it is normal as many traders seen this as a potential way for them to earn at least some profit, if it will not rise and fall then there is no traders who find interesting to trade in bitcoin.
No stable ever in the market. Change is always at the sides of market place for every season's is not the same season that we think as normal but there are something that we don't know beyond our imagination. So price will always changing.
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