Topic: Why is a constant rise in the price of Bitcoin, important? - page 2. (Read 944 times)

It would be nice if the bitcoin price is always high it is a big benefits to all the bitcoin holders,but how about those new potential investors who want to invest in bitcoin,the volatility of bitcoin is an opportunity for all the investors to buy cheap bitcoin for investment.

Constant rise of bitcoin price is so important to bicoin holders because if there is a good price always it will benefits the holder of bitcoins because anytime he can sell his bitcoins for it has always a good high price, so holders are always in comfort for their wallet.

You're right maybe a lot of people who want constant rise because they still keep bitcoin in their wallet,
but that is happening in the market the price is still fluctuating, but it's not a problem, that's what makes the bitcoin market unique

Constant rise in the price of bitcoin is very important to new and small investors to earn profit the easiest way even little by little.But I believe there is no such constant or persistent increase of market value in business trading especially here in crypto world.We just need to be wiser enough to choose what is the best coin to buy,when to buy and when is the right time to sell it to gain more profits.

I agree with that, we cannot remove the natural behavior of any market and that is to have a pump and also dump, it is not normal to see a market that is just going up and there is no going down because that seems like a scam and for sure it has no real value but only numbers in the market and it is not determined by supply and demand.

At present, BTC is influencing the price of the whole market. When bitcoin goes down it pulls the entire market down along with it. Therefore, the growth of BTC has a big impact on the market.

Ofcourse its important because manh well be grateful for every single increase because of good profits awaits.

Constant price of bitcoins is not necessary because the market price needs also to dump in order for other people to have the opportunity of investing while the market price is cheaper.

Yes I agree. Bitcoin can not constantly grow in price. At a certain stage, it will stop even by the results of its annual growth in price. Given its high volatility and the periodically negative information that emerges, it can also fall very often in its value from time to time. This may be an argument against long-term retention of bitcoin. However, I think first there will be a few such falls before investors give up the long-term retention of bitcoin.

Everyone in bitcoin is investing, but if the price does not increase then the sale can not be successful. And if the price increases for a long time the investor is better.

Yeah that is absolutely right that how can a market be going up and up. This isn’t impossible but you can say it like near to impossible. Because there has been no market in this international world of business and trading that have ever shown such highness towards moon. Sometimes prices goes up but soon they just fall down to the bottom to equalize the effect. So that really can’t just happen.

I don't think that is the way to go. The price of BTC snd any other crypto currency has alot of factors, but the biggest of them is the supply in the market. What you're suggesting is that yhere should be a constant supply in the market but that would mean that the price of BTC and any other crypto currency will go down and be more volatile as it is.

We often see a lot of fluctuations in the price of Bitcoin. Sometimes the price is high and sometimes the price is low but currently we are noticing some regular drops in the price of Bitcoin from quite a long time.Due to these many investors are cashing out and new investors are afraid to work with it.This makes the  price to fall more which is affecting the whole crypto market.So in order to maintain the stability of the market and to convince people for keeping trust in Bitcoin, a constant rise in the price along with some drops is very important.

Honestly you're right.Volatility is what makes the market more unique and definitely giving chances to the people to invest while in dips and gain good income when prices are in high.I do not ask of a high constant rise of the price,just seeing the market having its steady growth is already good for me.

As said volatile market is a must, because only with that it is possible to make profit. Also it is the one that makes the cryptocurrencies unique from the traditional fiat which has a constant value. In specific this volatility need to be felt with constant price increase, looking at the present market there is no constant price increase, continued fall is taking place which will affect the entire networkand the users.

In my own opinion, constant rise of price is not necessary in the market because if the price will keep on increasing then there is no people who will be able to invest since it was too expensive, volatile market is always required in order to earn more profit.

The main reason I think it can't retain its value is- people are treating it as a stock and investment vehicle. However, the true idea behind bitcoin is for it to be a digital currency.

A currency is used to exchange goods and services, but as we all know mass adoption hasn't made it here yet so actual bitcoin transactions are minimal. Meaning a service or good was paid for in bitcoin.

From my understanding, this is how it should work... Bitcoin as Currency Example-i have $5000 in cash, i then purchase/convert my $5000 in cash into BTC. Then i use my btc to do everyday transactions. So let's say I buy a cheeseburger and for it in btc. The btc is deducted from my wallet and transferred to the vendor. Done its paid for. The value of bitcoin doesn't change, it only changes hands- the value still stays with-in the btc market.

However what is happening is... Bitcoin as investment vehicle Example- I buy $5000 in bitcoin, then 500 more people buy $5000 in bitcoin, we see a huge increase in bitcoin value, so I see my $5000 turn into $7000, so now I sell it. I walk away with $2000 of someone else's money. Now that money is taken out of the bitcoin market

The difference between a stock and btc- the stock is backed by a product that generates revenue. Bitcoin only has a value from the money someone invests in it. Because ideally if it were a currency- if I'm worth $100,000 USD, and I buy $100,000 btc- my net worth doesn't change, it doesn't become worth more. I simply just transact in btc aka DIGITAL CASH

Yes bitcoin price should be constant because if its go down it will affect all alt coin. So that's why bitcoin must stable or go up do that market will be alive and the same with users and investors.

In my own opinion, a constant price increase is not necessary because people still needs time to invest and that's when the market price are dropping so volatility is just fine at the moment for traders to get benefit.

While you are correct when you say a constant growth will be good for bitcoin especially for all of those that see bitcoin mostly as a form of investment, at the same time you are setting the bar too high, while there are many investments that can give profits of 20% per year most people do not know how to find them and so the average profit should be something between 2% to 8% per year and that is an amount bitcoin can easily give each year.