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Topic: Should bitcoin rise and fall? - page 5. (Read 779 times)

legendary
Activity: 1596
Merit: 1034
April 20, 2018, 07:20:47 AM
#44
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?
Come on, think more critical again. The market will not be excited if prices continue to stabilize and instead tend to be no movement. Fluctuations are factors that make a market more passionate for traders and investors. How can we enter a market without any fluctuations (ups and downs of the price of an asset)? If prices are steady and there is no movement, How can investors and traders take profits?
sr. member
Activity: 672
Merit: 250
April 20, 2018, 07:11:17 AM
#43
it's a tradition for bitcoin when up and down, because the bitcoin can be said to be a stable and unstable currency as well. because its value often increases and decreases
sr. member
Activity: 630
Merit: 272
April 20, 2018, 06:59:18 AM
#42
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 value of any currency is regulated by the government through the Central Bank. This makes Fiat stable only for a while. Problems accumulate and then it ends with a crisis. Bitcoin does not have a Central Bank so the price fluctuates constantly. But it can save us from a crisis in the future.
newbie
Activity: 154
Merit: 0
April 20, 2018, 06:34:15 AM
#41
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
sr. member
Activity: 520
Merit: 250
April 20, 2018, 02:29:28 AM
#40
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.


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.
We cant stop it now, we had plenty of times to buy, yet we can still buy now for we might see that its recovery mode now and we can still earn.
full member
Activity: 1330
Merit: 147
April 20, 2018, 02:10:11 AM
#39
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?
If the bitcoin price is stable, the bitcoin price will not reach $20,000. Investors believe with the volatile prices of bitcoin will get them a profit. And determine the down and rising of the price bitcoin is quite simple just to see the news only.

And please, do not equate bitcoin with the national currency it will be much different. Cryptocurrency is the world's currency in my opinion, so if more and more people use bitcoin for their daily life it is not impossible they will ignore the rise and fall price bitcoin.
sr. member
Activity: 574
Merit: 296
Bitcoin isn't a bubble. It's the pin!
April 19, 2018, 05:23:02 PM
#38
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.


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 $8000.
legendary
Activity: 1162
Merit: 1008
April 19, 2018, 10:58:32 AM
#37
My crystall ball says that its going up but its little cloudy for now.
I am holding from 3000$ 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.
full member
Activity: 350
Merit: 110
April 19, 2018, 10:36:39 AM
#36
Would you rather want bitcoin to be stable as much as possible? Then there would be no point in investing to cryptocurrencies anymore if that happens. The problem is that all people just want to earn money without any frustrations in mind whenever they do an investment not that I say it is bad but it is inevitable to lose money on your investments every once in a while.
newbie
Activity: 196
Merit: 0
April 19, 2018, 09:57:24 AM
#35

In the law of commerce there are only two words, up or down.
So, if there is any occurrence of the price going up or the price down, that's something reasonable. No need to be surprised or shocked.
member
Activity: 406
Merit: 36
April 19, 2018, 09:53:08 AM
#34
The nature of the currency cryptocurrencies is indeed up and down, and by that nature we can take all opportunities between rising and declining prices.
We are in a decentralized world and all of these things are generally normal. As long as people cannot see that, then they would always assume the worst. This is an early adoption phase and we should not be expecting that all of a sudden bitcoin would just become a currency of usage without at least passing through some phase of adoption to the level of growth. Rise and fall is a normal thing in the market and even normal currencies do against each other except it is not as volatile as we have in the crypto world, but who knows? Things may change over time.
full member
Activity: 350
Merit: 105
April 19, 2018, 09:03:00 AM
#33
Since the beginning bitcoin price is rising and falling. If bitcoin may not rise and fall maybe I can't invest to it because it's too boring and I'm risks taker so I belong to bitcoin. 
full member
Activity: 490
Merit: 107
April 19, 2018, 08:01:40 AM
#32
yes, ups and downs, I think it's happening right now. even as bitcoin prices rise, in the near term, the price is still down slightly. Well, that's normal for now. but there is a possibility that the price will grow and become even higher.
The roller coaster ride of bitcoin coin price would always beneficial to the trader and short term trading, for  several ups and downs make them earn more profitable, when the price suddenly soar high that's the opportunity of long term investment.
sr. member
Activity: 1176
Merit: 252
April 19, 2018, 02:53:58 AM
#31
yes, ups and downs, I think it's happening right now. even as bitcoin prices rise, in the near term, the price is still down slightly. Well, that's normal for now. but there is a possibility that the price will grow and become even higher.
sr. member
Activity: 546
Merit: 255
April 19, 2018, 01:54:24 AM
#30
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 rise and fall of bitcoin in the market is an inevitable occurrence that all of us should know before jumping right in. Most people only want an upward trend of prices in the market so that they will continuously earn profits, but what they don't know is that the market doesn't work that way and we (community) are the ones who give value to crypto. Technically speaking, the law of supply and demand.
legendary
Activity: 1442
Merit: 1025
April 19, 2018, 12:50:32 AM
#29
The nature of the currency cryptocurrencies is indeed up and down, and by that nature we can take all opportunities between rising and declining prices.
I want to believe we are always expecting too much from bitcoin or cryptocurrency world at large in just a very short time. Also, those who are comparing it to the dollar should understand that even in the foreign exchange market, CNY, JPY, GBP, and so on all have fluctuations and you cannot even expect a currency to be stable just as some of you are painting it. There is volatility in every market just that it differs from each other. However, there is a huge difference between a decentralized and centralized market.
newbie
Activity: 196
Merit: 0
April 18, 2018, 05:52:35 PM
#28
All commodities that involves money has its rise and fall of prices. A common example to that is a gasoline. People with vehicles are using everyday since it is necessary to run their vehicles.Once the price is low, they are rushing to the gasoline station to take advantage of that opportunity.Same thing with Bitcoin but the opposite. Hold if the value is low and trade if the value is high.Thus, Bitcoin is not only a currency instrument but a commodity as well. And since it's a commodity, expect a rise and fall of its value from time to time. And to think the rise of its value gives you more profit then rush to exchange market as quick as possible for exchange.
legendary
Activity: 1232
Merit: 1091
April 18, 2018, 02:49:56 PM
#27
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.

It doesn't matter what people classify Bitcoin as in terms of usage. The only classification thingy that actually matters is what regulators consider Bitcoin to be. It matters for the obvious reason that people and businesses will then be subject to whatever tax category, and businesses based on that might have to apply for registration and licenses to be able to offer their service in a certain country. People here should only care about what Bitcoin can do for them, the name (e.g. asset, currency, property) of Bitcoin doesn't matter, only actual usage does. Do you think when people send value back and forth, or invest in Bitcoin, or use it as store of value, that people ask themselves what Bitcoin actually is? They only care about getting the job done....
sr. member
Activity: 364
Merit: 256
April 18, 2018, 01:19:44 PM
#26
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.
legendary
Activity: 1554
Merit: 1054
April 18, 2018, 11:15:02 AM
#25
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.
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