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Topic: Would you be satisfied with steady, gradual rise of BTC price? - page 2. (Read 610 times)

newbie
Activity: 74
Merit: 0
Honestly, i already satisfied with bitcoin price right now. I see bitcoin price from 2015 it is make big improvement and even we reach it's peak at 2017, but when down it is not really dumped and can be stable like now.

I agree with the fact that it is indeed better than 2015, but still Im not satisfied enough wirh the current price of Bitcoin, which tend for everyone to hold their money and too afraid to invest and buy the tokens that bounties had issue, since it's their lose if ever that they would come up buying tokens without the fluctuation of the price and that's what most of the people say is experiencing right now, which I also experience, it's been 2 years since I hold my tokens, but I still believe that sooner it will fluctuate soon and recently I have found out an exchange which allows everyone to convert their bitcoin into another assets which we may used for gaming, investing and many more and that was Darb and it allows me to experience a faster way of making transactions.
full member
Activity: 658
Merit: 117
Although I don't believe that will be the case, and althought we all know that development of BTC price is all but predictable and linear, so there is no chance for this to happen, I would like to ask, hypothetically, what is your opinion on this (im)possible scenario:

Would you be satisfied with steady, gradual rise of BTC price?  e.G. 500 per month in 2019.
Something like this:
1. May 5000 USD (let's suppose that BTC had finished its price growth for this month on 2nd of April :-)
1. June 5500 $
1. July 6000 $
1. August 6500 $
1. September  7000 $
1. October  7500 $
1. November 8000 $
1. December 8500 $
1. January 2020. 9000 $

Let's suppose that, thanks to forthcoming halving in May, from this moment on, price grows 1000 USD per month.
so..
1. February 2020.   10000 $
1. March 2020  11000 $ (so on March 3rd 2020 I could re-open this topic after 15 months https://bitcointalksearch.org/topic/m.25663426)
1. April 2020 12000 $
1. May 2020 13000 $

So, at the month of halving, the price would be around 13700 $.
After that, another speed-up, and on 1. January 2021 the price could be e.g. 25-30k $.

I believe this would be very healthy, it would give enough time for BTC ecosystem to develop further, give sense of stability to institutional investors etc... without euphoria...

While your thoughts on a steady growth sounds appealing, I even like the idea, but the likely rise of $500 per month isn't logically nor sustainable. The best thing is for it to rise and fall but rise more steadily, and with varying percentage.

IMHO bitcoin market is doing just fine. The rise and fall are typical of market sentiments. After all machines don't own Bitcoin to give it an algorithmic growth.
member
Activity: 525
Merit: 10
I prefer a gradual increase and look more stable, and for a spike like a nail I don't like it because it will make the price likely to fall freely.
hero member
Activity: 924
Merit: 502
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If Bitcoin can follow this trend suggested, it will be the healthiest coin one can invest in, it will give many investors courage to come in at any time to invest, and we will always witness increase in the number of investment every month till it reaches its ATH.

This price action will also guide against premature dumping because every investor will always look up to the next value of bitcoin by still holding on the their investment pending the time the coin reaches ATH for them to sell their coin and take the profit, just that this will benefit more of those who are into short term trading and day traders too.

Same thoughts here bro. That's why i'm hoping this kind of trend continues instead of what people are hoping for, which is another bull run, which i think is premature at this point. Drastic upward fluctuations like that demand a steep correction just like what happend 2 years ago.
jr. member
Activity: 112
Merit: 2
Of course, I would be totally satisfied to see such a gradual growth in the price of bitcoin, but it is well known that markets do not behave in such an organic way, but tend to move in cyclical jumps; In addition, the behavior of bitcoin has been quite sui generis in comparison to all the commodities, currencies or assets that up to now exist, which increases the difficulty to predict the possible scenarios that could face the price of bitcoin in the years to come.
hero member
Activity: 1092
Merit: 523
If Bitcoin can follow this trend suggested, it will be the healthiest coin one can invest in, it will give many investors courage to come in at any time to invest, and we will always witness increase in the number of investment every month till it reaches its ATH.

This price action will also guide against premature dumping because every investor will always look up to the next value of bitcoin by still holding on the their investment pending the time the coin reaches ATH for them to sell their coin and take the profit, just that this will benefit more of those who are into short term trading and day traders too.
hero member
Activity: 2730
Merit: 632
Yes, why not just a grow of at least 1500$ every month, and until the end of year 2019 to have over 15000$ price for 1 bitcoin. Is better maybe to have little by little grow and a big one on short time, maybe if grow little by little will be more stable if hit higher value.

That will be good for everyone who has to buy and sell bitcoin because with the growing of $1500 every month, we can make a good profit and if we can trade in many times in every day by monthly, then we can make a bigger profit.

I will be satisfied if the price can increase $1000 every month until the halving comes because $1000 means a lot of money for me and I am sure that it will be the same as the other people. But unfortunately, that is only a scenario which we don't know if it could happen or not and we could only dreaming that thing will happen.

But good if you have that dream because dream will come true at the right time Wink
Where you do get that $1000 per month increase? We have seen that the entire market is moving sideways for almost a year and half.We are playing between 3k and 5k price so
i cant see that $1000 increase per month but well we do know that the price might increase for future years to come.
hero member
Activity: 2912
Merit: 556
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Yes, why not just a grow of at least 1500$ every month, and until the end of year 2019 to have over 15000$ price for 1 bitcoin. Is better maybe to have little by little grow and a big one on short time, maybe if grow little by little will be more stable if hit higher value.

That will be good for everyone who has to buy and sell bitcoin because with the growing of $1500 every month, we can make a good profit and if we can trade in many times in every day by monthly, then we can make a bigger profit.

I will be satisfied if the price can increase $1000 every month until the halving comes because $1000 means a lot of money for me and I am sure that it will be the same as the other people. But unfortunately, that is only a scenario which we don't know if it could happen or not and we could only dreaming that thing will happen.

But good if you have that dream because dream will come true at the right time Wink
hero member
Activity: 1148
Merit: 527
this could only satisfy me if the price (like the current one) was a healthy one then we could have had a healthy stable rise from there. but when we are in a price that is the result of an unhealthy manipulation (dump) that has brought it in an unstable state, all we can expect is wild rises because this low price is just as bad and unstable as the high price at the top of the bubble.
I don’t think there has been so much of manipulation in this current one too, even if it were to follow the pattern the op mentioned, there will always be decrease in price a little bit before picking the next target which I don’t see as manipulation.

This is natural so long we have the presence of traders in the market who would always take advantage of any price fluctuation they see to their benefits but, they do that to also reinvest back to bitcoin, this is why we will see a little decrease and massive increase after some time.

The sharp increase we experienced last was just done to correct the market and place us on a bull market.
hero member
Activity: 1414
Merit: 516
Yes, why not just a grow of at least 1500$ every month, and until the end of year 2019 to have over 15000$ price for 1 bitcoin. Is better maybe to have little by little grow and a big one on short time, maybe if grow little by little will be more stable if hit higher value.
legendary
Activity: 3234
Merit: 5637
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There are those who are only interested in quick profit, they do not care for anything else except for higher price. If you asked them do they want to price hit 100k$ tomorrow, but after that bitcoin will stop exist - most would be voted for that. Those who think differently certainly want slow growth without big pumps, but for now it is not possible to achieve that. Bitcoin is still something that can be easily manipulated, and we can see that by the example of the last jump, all you need is money, actually a lot of money.

On the other hand, volatility of bitcoin and big pumps in the end always result in correction, which also allows some new users to buy bitcoin at a much cheaper price than would be possible in the case of constant slow growth without any corrections in price.
legendary
Activity: 2576
Merit: 1655
Well we have seen that it's better to have a steady climb instead of a massive growth that we witnessed in 2017, specially in the last couple of weeks of December wherein there are a lot who FOMO and think that the price will continue to go on a parabolic rise, but all sign pointing out that we are also in a bubble and just waiting to be burst. Which eventually happened in 2018. A healthy and organic rise will be better, specially in the long run.
hero member
Activity: 1246
Merit: 529
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Perhaps we are already satisfied on it because of the improvement of the market now from $4000, and it will be great in my opinion if it will continue to grow atleast 10k also.  So that we still can make money and we are able to regain all of our Losses since bearish broke the market.

  Recently, bitcoin's value pump up gradually and it is a good sign for a numerous bull run by this 2019. After suffering from long bear market atleast now, we can forsee how bitcoin will grow accumulately and hoping for its fast recovery and endure its growth become stable.

Well most of the traders and investors are probably okay with the current movement. I have no problem with a gradual rise and i even prefer it to be this way rather than risk another 2018 correction after a bull run.
newbie
Activity: 76
Merit: 0
only day traders want hug volatility because that is the only way they can earn massive profits. everyone else from investors to all those who bought bitcoin because it was a decentralized currency not because of profit, don't like the volatility at all. so the gradual rise should technically be what the majority wants.
but in reality it is not going to happen for many years because the market is still small and the growth (adoption) happens with surges not with a fixed speed. for example in 2017 we suddenly saw a surge of newcomers to bitcoin to the point where Coinbase reported they had 1 million sign ups within a week or so IIRC.

I agree completely....

Would you be satisfied with steady, gradual rise of BTC price?  e.G. 500 per month in 2019.
Something like this:
1. May 5000 USD (let's suppose that BTC had finished its price growth for this month on 2nd of April :-)
1. June 5500 $
1. July 6000 $
1. August 6500 $
1. September  7000 $
1. October  7500 $
1. November 8000 $
1. December 8500 $
1. January 2020. 9000 $

Let's suppose that, thanks to forthcoming halving in May, from this moment on, price grows 1000 USD per month.
so..
1. February 2020.   10000 $
1. March 2020  11000 $ (so on March 3rd 2020 I could re-open this topic after 15 months https://bitcointalksearch.org/topic/m.25663426)
1. April 2020 12000 $
1. May 2020 13000 $

i hope you realize that these are NOT "gradual rises", instead this is a decreasing rise. basically your first step says 10% rise in one month and you reduce it every month until 2020 where you expect only 3% rise per month!

:-) I hope you realize that I wrote "gradual rise of BTC price", not gradual or decreasing difference in the amount of price difference, or rise of  monthly % of price difference. You have to be precise with words..
My post was meant just as overly simplified illustration, without pretending to show mathematically correct model of growth in %.

Btw, if growth from 10k to 11k $, or growth from 11k to 12k in 2020 is only 3 % monthly, then I will visit my math professor and blame him for making me this lousy calculation :-)

But we agree on the important thing, 1) that this would be desirable type of growth and 2) that it unfortunately won't be the case, or at least not for longer periods of time. The numbers are not important for that story, it is the question of model and type of development..I could omit this exact numbers..it would be perhaps better (anyway, I don't like hundreds of new topics with the topics like: "will BTC reach 12749 USD before November 15th 2019, 16:24 CET time".. :-)
Even though I don't have enough knowledge to write such things by myself, I prefer to read "deeper", substantial, topics on present situation  and possible developments in the next 4-5 years..
The rest, regarding calculation and percentage if it was not meant to provide such precise calculation , is just splitting hairs...
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
this could only satisfy me if the price (like the current one) was a healthy one then we could have had a healthy stable rise from there. but when we are in a price that is the result of an unhealthy manipulation (dump) that has brought it in an unstable state, all we can expect is wild rises because this low price is just as bad and unstable as the high price at the top of the bubble.
sr. member
Activity: 1484
Merit: 253
Perhaps we are already satisfied on it because of the improvement of the market now from $4000, and it will be great in my opinion if it will continue to grow atleast 10k also.  So that we still can make money and we are able to regain all of our Losses since bearish broke the market.

  Recently, bitcoin's value pump up gradually and it is a good sign for a numerous bull run by this 2019. After suffering from long bear market atleast now, we can forsee how bitcoin will grow accumulately and hoping for its fast recovery and endure its growth become stable.
legendary
Activity: 1652
Merit: 1483
Although I don't believe that will be the case, and althought we all know that development of BTC price is all but predictable and linear, so there is no chance for this to happen, I would like to ask, hypothetically, what is your opinion on this (im)possible scenario:

So, at the month of halving, the price would be around 13700 $.
After that, another speed-up, and on 1. January 2021 the price could be e.g. 25-30k $.

I believe this would be very healthy, it would give enough time for BTC ecosystem to develop further, give sense of stability to institutional investors etc... without euphoria...

that's what the lead-up to bubbles is like. personally i'd be thrilled for bitcoin to grow like this---who wouldn't be? it would be outperforming real estate and stocks by a mile and holding coins wouldn't present much risk because no euphoria/no bubble.

but like you said, it's a moot question. once the market sees these steady gains, supply will dry up and demand will surge, causing another bubble. it's the nature of markets.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
of course it is more preferable if price was more stable or was rising gradually. one of the best times in bitcoin in my opinion was the 2015 year where price was rising with a solid support and slowly towards a 100% rise by the end of the year.
but this cannot happen, not because bitcoin is unpredictable but mainly because stability brings in more adoption since it would be so much easier to use bitcoin as a currency if it is more stable and more adoption means more rise so the price should shoot up. in other words the stability it self is the reason for some of the rises.
full member
Activity: 1064
Merit: 112
Perhaps we are already satisfied on it because of the improvement of the market now from $4000, and it will be great in my opinion if it will continue to grow atleast 10k also.  So that we still can make money and we are able to regain all of our Losses since bearish broke the market.
legendary
Activity: 3472
Merit: 10611
only day traders want hug volatility because that is the only way they can earn massive profits. everyone else from investors to all those who bought bitcoin because it was a decentralized currency not because of profit, don't like the volatility at all. so the gradual rise should technically be what the majority wants.
but in reality it is not going to happen for many years because the market is still small and the growth (adoption) happens with surges not with a fixed speed. for example in 2017 we suddenly saw a surge of newcomers to bitcoin to the point where Coinbase reported they had 1 million sign ups within a week or so IIRC.

Would you be satisfied with steady, gradual rise of BTC price?  e.G. 500 per month in 2019.
Something like this:
1. May 5000 USD (let's suppose that BTC had finished its price growth for this month on 2nd of April :-)
1. June 5500 $
1. July 6000 $
1. August 6500 $
1. September  7000 $
1. October  7500 $
1. November 8000 $
1. December 8500 $
1. January 2020. 9000 $

Let's suppose that, thanks to forthcoming halving in May, from this moment on, price grows 1000 USD per month.
so..
1. February 2020.   10000 $
1. March 2020  11000 $ (so on March 3rd 2020 I could re-open this topic after 15 months https://bitcointalksearch.org/topic/m.25663426)
1. April 2020 12000 $
1. May 2020 13000 $

i hope you realize that these are NOT "gradual rises", instead this is a decreasing rise. basically your first step says 10% rise in one month and you reduce it every month until 2020 where you expect only 3% rise per month!
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