What kind of growth would last? Quick growth or slow and steady growth? - page 3.

portalufonet

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Quote from: onrise on October 15, 2018, 08:24:53 AM

Quote from: HarmonyA on October 14, 2018, 05:36:28 PM

Lasting of cryptocurrency growth is dependent on the usage and the team behind it. Some quick growth might be sustained for a long period if the team are professionally grounded to sustain the growth not to drop to an unacceptable point.

Quick growth is good for the short term investors or who want some quick money during that time and they move away from the market. But for those who want continuous rise for the along term will never prefer a short term growth as they want to invest their money for the long growth which yield them good returns year on year.

Long-term growth is the dream of many financial investors because it can bring huge profits to them in the long run but in the moment I think the cryptocurrency market needs a lot of time to be able to play Follow the new trend. There is a lot of turmoil in the market today and that is really worrying investors.

St4yInTh3D4rk

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Quote from: Kemarit on October 14, 2018, 10:27:19 PM

Quote from: therwtonn on October 11, 2018, 06:59:23 AM

Quote from: hugeblack on October 08, 2018, 01:25:12 AM

~ snip ~

Yeah, you are right supply is also low because of the low mining. Miners are not making good profit because there is no big demand for bitcoin. If the price drop little bit more, miners will stop mining because it is better to stop than deficits. Price is almost stable and there is no big activity in the market. I guess that this situation will last till the end of the year.

I doubt that miners will simply stop just because the price is below their profitability. Where do you think those miners go? Go mine altcoins or Bitcoin Cash (BCH)? I don't think so. They can still make a lot of profits from mining bitcoin simply because they can just hold and wait for the next bull run. We might not see a break out this year, but definitely a reversal will eventually happen and there will be more demand in the future.

If some of the miners stop mining means then the remaining miners will continue to work because now they have more chance of making money since they have low competition level there.So definitely miners won't fade away unless the prices fell too much which is not worth to sell.

onrise

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Quote from: HarmonyA on October 14, 2018, 05:36:28 PM

Lasting of cryptocurrency growth is dependent on the usage and the team behind it. Some quick growth might be sustained for a long period if the team are professionally grounded to sustain the growth not to drop to an unacceptable point.

Quick growth is good for the short term investors or who want some quick money during that time and they move away from the market. But for those who want continuous rise for the along term will never prefer a short term growth as they want to invest their money for the long growth which yield them good returns year on year.

PaulLines

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Quote from: Kemarit on October 08, 2018, 10:47:48 PM

Quote from: maarx on October 07, 2018, 01:33:42 AM

We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.

My thought is that bitcoin really bubbled during December 2017 and we all know that those parabolic rise we saw is not going to be sustainable so eventually it crashed and we even witnessed it bottom at around $5800. Well right now we can call it stabilizing around the $6000-$6500 which is a good indication that at least the crash has halted and its time to wait for another break out run. We should now look at 2019 because I don't think that we can see another big leap in the price at the end of the year.

Slow and steady wins the race; it is perfect here in this market. We have already seen the consequences of abrupt growth which ended in collapsed and downed thousands of investors. I think that slow and steady growth is long lasting and the investors will be happy with slow growth especially bitcoin traders. When the price moves up every day, they can also make good profit every day.

Kemarit

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Quote from: therwtonn on October 11, 2018, 06:59:23 AM

Quote from: hugeblack on October 08, 2018, 01:25:12 AM

~ snip ~

Yeah, you are right supply is also low because of the low mining. Miners are not making good profit because there is no big demand for bitcoin. If the price drop little bit more, miners will stop mining because it is better to stop than deficits. Price is almost stable and there is no big activity in the market. I guess that this situation will last till the end of the year.

I doubt that miners will simply stop just because the price is below their profitability. Where do you think those miners go? Go mine altcoins or Bitcoin Cash (BCH)? I don't think so. They can still make a lot of profits from mining bitcoin simply because they can just hold and wait for the next bull run. We might not see a break out this year, but definitely a reversal will eventually happen and there will be more demand in the future.

HarmonyA

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Lasting of cryptocurrency growth is dependent on the usage and the team behind it. Some quick growth might be sustained for a long period if the team are professionally grounded to sustain the growth not to drop to an unacceptable point.

zhekinsp

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Quick growth followed by the price correction then the recovery phase of the prices is the best kind of growth keep maintain their prices for last until so if there is too much of price increase in very short period then the chance of price fall is high followed by.

dogeyakah

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Yes but what this is mean?

DeadCoin

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I would go for slow and steady growth. This would last for a long time but expecting a quicker growth on a short term, may end up in either loss or a closure, but at times such strategy works fine. It happens rarely. Those who stood in the market now, had a slow and steady growth at one point.

atayating

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This year's market is really very bad, because every time the rate of decline is very fast, and the decline is very large, which will make many investors feel fear!

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Quote from: Ganbound on October 10, 2018, 06:50:02 AM

Quote from: maarx on October 07, 2018, 01:33:42 AM

We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.

Quick growth is not guaranteed like the previous one. We have quick growth experience already, therefore I think that slow and steady growth is good and will last forever. When the price increases with the passage of time and according to the market cap it will never dump in the future, but if there is unnatural growth it will definitely collapsed suddenly.

From that bump it is clear that quick growth Is not good for bitcoin. We need slow and steady growth with consistency and which never drop again. If the price grows continuously the investors will rise in number and everyone will be confident and relaxed while putting his money in bitcoin. But with regular corrections nobody will take risk in bitcoin investment.

therwtonn

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Quote from: hugeblack on October 08, 2018, 01:25:12 AM

We have reached a stable stage where supply and demand stabilize at a given price of $ 6,500. The highest rate will be at $ 7,500 and a low cost at $ 5500.
I do not expect this approach to change so we may maintain this price for several months.
After significant changes such as the lightning network, regulations, mutual acceptance of these currencies, prices will change significantly.

Quote from: https://www.ccn.com/bitcoin-price-stable-at-6300-but-crypto-market-en-route-to-2018-low/

Yeah, you are right supply is also low because of the low mining. Miners are not making good profit because there is no big demand for bitcoin. If the price drop little bit more, miners will stop mining because it is better to stop than deficits. Price is almost stable and there is no big activity in the market. I guess that this situation will last till the end of the year.

rickadone

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Quote from: feelivent on October 10, 2018, 05:14:10 AM

Quote from: target on October 08, 2018, 12:55:03 AM

Quote from: sell100 on October 07, 2018, 07:40:48 AM

I think it will break through $20,000 at the end of 2018 and should stay above $50,000 in 2019.

Too optimistic. Its not going to reach up to $10K this year that's where the market goes if you think of how it will go because its unsure what will happen when ETF is approved next year. Its been moved over and over. The slow growth of BTC right now is a positive sign but is going to be different from last year, this growth is safer than last which is like the pump and dump scam.

Your predictions are totally baseless. The price is not able to cross $7000 and you are talking about $20000 till the end of this year. It is totally nonsense. If you think that the price will once again bump like the previous years, there is nothing like that. The price will remain the same if there is no or low demand. It if reaches to $10000, it will be enough.

No one can be right actually as no one can tell what the next month or the one thereafter would come up with, and the fact that we are still below $7k, does not mean we would cross it and eventually make it a support and then the chances of seeing some huge growth may be there, but like I said, no one can tell and nothing is guaranteed as we cannot see the future.

We have the time and trend however to lead us to knowing where the market would actually eventually end up at the end of everything. Nonetheless, based on the Op's question, quick growth that is driven by greed and not real demand is never sustainable.

shield132

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Quote from: maarx on October 07, 2018, 01:33:42 AM

We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.

Quick growth will last, in this I don't mean that price will rise 10x and keep the same, no. Bitcoin was stable 600-1000 usd for some months after fork. Then it begin to rise, at first 1000 usd was like an anniversary day, from 1000 we soon move on 2000, this continue on and on, as you see finally we got 20K, this growth was quick from the begining, nothing to mention about how quickly it grow by 4K in one week. Btw from this story, bitcoin felt but it's stable 6000K. I think there will be some skyrocket shit after the next fork, we will get absolutely more than 25K by the end of 2020 year.

Ganbound

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Quote from: maarx on October 07, 2018, 01:33:42 AM

We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.

Quick growth is not guaranteed like the previous one. We have quick growth experience already, therefore I think that slow and steady growth is good and will last forever. When the price increases with the passage of time and according to the market cap it will never dump in the future, but if there is unnatural growth it will definitely collapsed suddenly.

feelivent

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Quote from: target on October 08, 2018, 12:55:03 AM

Quote from: sell100 on October 07, 2018, 07:40:48 AM

I think it will break through $20,000 at the end of 2018 and should stay above $50,000 in 2019.

Too optimistic. Its not going to reach up to $10K this year that's where the market goes if you think of how it will go because its unsure what will happen when ETF is approved next year. Its been moved over and over. The slow growth of BTC right now is a positive sign but is going to be different from last year, this growth is safer than last which is like the pump and dump scam.

Your predictions are totally baseless. The price is not able to cross $7000 and you are talking about $20000 till the end of this year. It is totally nonsense. If you think that the price will once again bump like the previous years, there is nothing like that. The price will remain the same if there is no or low demand. It if reaches to $10000, it will be enough.

el kaka22

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By now, I am sure everyone should have gotten the gist already that the only time a market can be very sustainable without much fear or greed is when the market is in a steady growth and even if there is a correction, it would not always be a very terrible one. As long as people get greedy, join FOMO and the market skyrockets for no reason at all except for greed, the chances of seeing a huge correction afterwards is definite and I am sure we have all seen an example lately and in the past as well. If it is a huge growth that came about based on real life usage and demand, that is a different case, but for something driven by speculations, that is not a good thing at all.

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Quote from: zazarb on October 08, 2018, 05:05:17 AM

If you're looking at a bit like an investment object , then surely everyone would like to that the rise will be steady and slowly. In this way, this market would be able to go up and down without any fear to increase their savings.

One thing with a huge spike in growth and most especially those that happen as a result of manipulations and greed, they can never be sustainable. It is a normal occurrence in any market and the market will always have to pass through stages, and trying to jump start it into becoming what it should not in a short term, the chances of seeing it retrace will always be there.

It is just like in normal life, you can force a child to grow quickly as there would always be a lot of things to learn along the line and if you take a child that is meant to be in basic school to a high school, his brain will not be able to sustain what is being taught. Just put that child in the case of bitcoin here.

So far, I can even say it is apparent that the market is always sustainable when there is a steady growth.

Kemarit

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Quote from: maarx on October 07, 2018, 01:33:42 AM

We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.

My thought is that bitcoin really bubbled during December 2017 and we all know that those parabolic rise we saw is not going to be sustainable so eventually it crashed and we even witnessed it bottom at around $5800. Well right now we can call it stabilizing around the $6000-$6500 which is a good indication that at least the crash has halted and its time to wait for another break out run. We should now look at 2019 because I don't think that we can see another big leap in the price at the end of the year.

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Quote from: sell100 on October 07, 2018, 07:40:48 AM

I think it will break through $20,000 at the end of 2018 and should stay above $50,000 in 2019.

It really depends, that's a huge expectation in 2019, remember how it gets stronger from time to time not just a year, but uptrend was just in a year, however if it comes up to 20k above, maybe the stable price if going to fluctuate in a certain time would stay lesser 20 or greater than 20k but 50k is kind of impossible in a short time.

Topic: What kind of growth would last? Quick growth or slow and steady growth? - page 3. (Read 836 times)