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Topic: Too many speculators in the cryptospace? - page 5. (Read 1509 times)

hero member
Activity: 896
Merit: 630
January 08, 2019, 01:54:59 PM
Accepting positivite effect of speculators on crptocurrency makes no sense. I know that somehow they make crypto-market more attractive to investors for a while but it causes fluctuations and many investors and supporters goes out of the market without coming back. A few years ago, this situation might be acceptable for many investors. Howerver, having a more regular and trustable market right now is important more than anything.
member
Activity: 397
Merit: 10
January 08, 2019, 10:44:50 AM
I think speculation is really one of the drivers that got cryptocurrency to where it is now.
Everyone will always speculate, even on traditional investments like equity, commodities and real estate,

Speculation has been a driving force in the cryptocurrency market, making it as big as it is today. Without speculation the price of bitcoin will be stagnant and less favored by cryptocurrency players. In offline trading, speculation is also used by traders.
sr. member
Activity: 826
Merit: 265
January 03, 2019, 11:22:33 AM
Everyone of us has the right to predict if we feels like this Speculation will become reality

And we have all the rights to express what we think is good or bad

But it is stupidity if we believe everything they speculate,or if we buy the idea of what they are saying,we must be obedient and intelligent to acquire every single step we do in this forum
sr. member
Activity: 952
Merit: 308
January 03, 2019, 10:24:25 AM
greed for profits in the crypto space does tend to be big, they really won't see anyone they are against, because profit is the number one they are looking for
full member
Activity: 476
Merit: 102
January 03, 2019, 08:48:24 AM
Indeed and it really affects the high volatility if cryptocurrency and speculators have a positive effect also for the cryptocurrency community. This is a part of the process of the cryptocurrency adaptation in the sense that it will teach most of them the future of the cryptocurrency industry. Once in a while we have been a speculator also then became more knowledgeable of the fundamentals of cryptocurrency. So I guess we are the process of the cryptocurrency evolution.
member
Activity: 532
Merit: 17
January 03, 2019, 08:40:36 AM
Seeing the usual conversations in this forum and in others related to the cryptocurrency issue, as well as the groups on Facebook, Telegram and others, it seems that most of those interested in this field have no other interest than making easy and fast profits.

And I think this is something that has negatively impacted the market, because it has driven the high volatility in the prices of cryptocurrencies, regardless of how serious each project is: investors are always willing to sell their tokens at the first opportunity, instead of supporting the cryptos as a technological development with long-term potential.

Do you agree with the speculation without limits?

I think it is because the volatility of the cryptocurrency market. The value of crypto can drastically rising or falling.
That's why many peoples turn into speculator by buying crypto when the price is low and wait to selling high.
member
Activity: 574
Merit: 12
January 01, 2019, 07:32:58 PM
the truth is most persons who invest in bitcoin are just investing for the sole purpose of making quick profits and thus they try to predict price at every given point in time. But then no one can accurately predict what will happen to bitcoin price at any given point in time. people should stop speculating and just let things fall into place.
sr. member
Activity: 700
Merit: 252
December 30, 2018, 11:25:51 PM
The speculators contribute much for the growth of crypto currency because they have influence of the market cap. They are one of several factors that makes the price up and down. Crypto will not grow as today without their contributions. 
in my opinion, any investment that uses speculation because of future developments no one can know what will get in the future and your opinion is very true because speculators make crypto currencies change or go up or down
full member
Activity: 630
Merit: 100
December 30, 2018, 09:59:09 PM
the truth is almost everyone in the cryptospace speculates price. people tend to predict what will happen to bitcoin every minute, every hour and everyday but no one can accurately tell what will happen. People should stop speculating and watch how things unfold as these speculations sometimes cause panic in the market

That what peoples do when they see something that they wanted or dont want to see.. the price of crytpo.. they tend to predict what will happen base on what they believed and not all will come just like they wanted for. Sometimes when they see something they didnt want to see it will cause a panic over the market. The power of speculation can make something up and down.. and so far i see it bring all crypto down.
member
Activity: 574
Merit: 12
December 30, 2018, 07:20:20 PM
the truth is almost everyone in the cryptospace speculates price. people tend to predict what will happen to bitcoin every minute, every hour and everyday but no one can accurately tell what will happen. People should stop speculating and watch how things unfold as these speculations sometimes cause panic in the market
jr. member
Activity: 322
Merit: 1
December 26, 2018, 05:02:28 AM
Seeing the usual conversations in this forum and in others related to the cryptocurrency issue, as well as the groups on Facebook, Telegram and others, it seems that most of those interested in this field have no other interest than making easy and fast profits.

And I think this is something that has negatively impacted the market, because it has driven the high volatility in the prices of cryptocurrencies, regardless of how serious each project is: investors are always willing to sell their tokens at the first opportunity, instead of supporting the cryptos as a technological development with long-term potential.

Do you agree with the speculation without limits?

The cryptocurrency market is still very young. Speculation is normal for such a market. There are people who buy and there are people who sell. Anyway, real investors always earn more than speculators.
full member
Activity: 560
Merit: 101
December 26, 2018, 04:46:12 AM
Seeing the usual conversations in this forum and in others related to the cryptocurrency issue, as well as the groups on Facebook, Telegram and others, it seems that most of those interested in this field have no other interest than making easy and fast profits.

And I think this is something that has negatively impacted the market, because it has driven the high volatility in the prices of cryptocurrencies, regardless of how serious each project is: investors are always willing to sell their tokens at the first opportunity, instead of supporting the cryptos as a technological development with long-term potential.

Do you agree with the speculation without limits?

I don't think that there are too many speculators in the cryptospace. Since the community is growing, the number of people who also support this technological development also increases and we can't just see it. And you're not completely wrong about this. Because when we look at this forum, most of the topics are about which altcoins are worth investing and when are the prices going up.
jr. member
Activity: 462
Merit: 1
December 26, 2018, 04:26:08 AM
Seeing the usual conversations in this forum and in others related to the cryptocurrency issue, as well as the groups on Facebook, Telegram and others, it seems that most of those interested in this field have no other interest than making easy and fast profits.

And I think this is something that has negatively impacted the market, because it has driven the high volatility in the prices of cryptocurrencies, regardless of how serious each project is: investors are always willing to sell their tokens at the first opportunity, instead of supporting the cryptos as a technological development with long-term potential.

Do you agree with the speculation without limits?
Indeed, there are not so many projects that keep the bar high for a long time. Many projects simply sell tokens, go to the stock exchange (at best) and that's all, the project is almost dead. Nobody supports him any further.
member
Activity: 952
Merit: 41
December 26, 2018, 04:06:31 AM
Well cryptocurrency is a speculative commodity and at that it users will always take it as a means of earning profits and getting quick money and most investors does not care about the development of the cryptocurrency network rather are all focus on the profits they stand to gain as soon as possible and this has resulted in many projects getting frustrated because the user dump them as soon as it get listed on the exchange.
jr. member
Activity: 336
Merit: 1
December 26, 2018, 02:15:24 AM
Indeed, many people have speculations for certain purposes, here we learn to read the market and the movements that occur so that we can speculate. This is what happens in crypto and always stares at every movement to be able to debate and exchange ideas so that they can conclude themselves.
full member
Activity: 665
Merit: 107
December 26, 2018, 12:54:22 AM
I think speculation is really one of the drivers that got cryptocurrency to where it is now.
Everyone will always speculate, even on traditional investments like equity, commodities and real estate,
legendary
Activity: 1834
Merit: 1036
December 25, 2018, 10:35:43 PM
Some are just trying hard to be a speculator and some are speculators who backs their forecast with technical analysis. If they just throw out a number like Bitcoin will reach $10,000 by 1st quarter of 2019 without saying something why it would reach that amount then its garbage. Its just something to increase their post count and get paid. However, everyone is entitled to their own opinion.

Just look at sports, when someone watch a boxing match like Mayweather vs Pacquaio, after the match everyone suddenly became a sports analyst and give their opinion on who should have won the fight. Same with Cryptocurrency, someone was able to register at Binance, made a couple of trades, then suddenly he started to predict the direction of where the price of Bitcoin will go. 
hero member
Activity: 2660
Merit: 551
December 25, 2018, 10:24:28 PM
Definitely almost everyone is a speculators here because the price depends on the overall sentiments of the investors, if they speculate that the price is going on a bullish trend then many are going to put their money on the market and hope  to see the price spike in years to come. So in a nutshell that's how the market operates and everything is fuelled by speculation.
full member
Activity: 756
Merit: 112
December 25, 2018, 10:13:23 PM
#99
Ain't most of the money that crypto have from speculators? They study the project and give money. It's normal for speculators to unload whenever they feel they had much profit. It's their payment for the risk because they are not sure of the profit. Too many speculators is a good sign. This means more market participation meaning more money for blockchain projects.
full member
Activity: 308
Merit: 119
December 25, 2018, 05:01:02 PM
#98
Seeing the usual conversations in this forum and in others related to the cryptocurrency issue, as well as the groups on Facebook, Telegram and others, it seems that most of those interested in this field have no other interest than making easy and fast profits.

And I think this is something that has negatively impacted the market, because it has driven the high volatility in the prices of cryptocurrencies, regardless of how serious each project is: investors are always willing to sell their tokens at the first opportunity, instead of supporting the cryptos as a technological development with long-term potential.

Do you agree with the speculation without limits?
Most people who joined the crypto craze last year during the bullrun ,were just looking to get a quick and easy bite from the pie . Besides no one is ready to sacrifice his money just because he believes in the technology .
Being rational and seing that 90% of people in the crypto space are traders and opportunists , makes it way harder for you to hold or be optimistic about certain projects. So your mentality quickly get shaped accordingly with the community and I don't think that's a very bad thing for you , but for sure a negative outcome for cryptocurrencies.
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