Would you rather see steady growth in Bitcoin or strong upward spikes instead?

Janation

hero member

Activity: 1722

Merit: 528

Quote from: Osayo on December 19, 2018, 06:59:18 PM

Quote from: player514 on March 03, 2018, 03:43:18 PM

I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.

So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?

It is a very dangerous thing for us to be having the sudden price spikes. Every such spike will result in massive selling off or dump. There, steady increase is better.

It is not dangerous, the word there to be used is risky.

It is really risky if you invested in a volatile cryptocurrency and it is having sudden price spikes all of a sudden. The price will pump, the moment you know it, investors starts selling off theirs to earn their profit and the process will continue. I think that is the same with Bitcoin in the past the reason it has its spikes and dumps. I do like the steady growth like other assets or investments, you know it is reliable since the price is increasing even though it is slow.

Zalura

newbie

Activity: 73

Merit: 0

Quote from: darkangel11 on March 03, 2018, 04:00:59 PM

I think that most people would prefer a steady growth, like the one that we're seeing now when the price slowly recovers after a correction. This won't continue though. Once the steady growth continues for a while people will start seeing that whoever bought a week or a month ago made money and they will start rushing in like a herd of sheep. You could see this situation happen in 2017 when it broke $1000 and started to gain momentum to finally end up with gains of $1000 per day.

rising prices are slowly stronger than rising sharply and falling again, maybe traders are more challenged if prices start wild because we can attract a lot of profits, because prices do not always rise, sometimes prices must experience a saturation point and a decline, trade currencies bitcoin needs motivation that can increase purchases in large quantities, so that the market can grow quickly.

yulionoo

sr. member

Activity: 756

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

Stable growth in bitcoin will attract investors to invest in the long term. and also if the bitcoin value is stable bitcoin can be used for shipping tools. so far, bitcoin is only used for investment and trading tools because of its volatility.
but I think the stability or volatility of both can provide benefits. we only need to wait and be patient if we make a long-term investment in bitcoin.

Osayo

jr. member

Activity: 294

Merit: 1

Quote from: player514 on March 03, 2018, 03:43:18 PM

I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.

So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?

It is a very dangerous thing for us to be having the sudden price spikes. Every such spike will result in massive selling off or dump. There, steady increase is better.

barabarian1

sr. member

Activity: 938

Merit: 250

I prefer volatility and strong upward surges. because if the value of bitcoin is stable only experiences an increase or decrease of 5% then I think this will be the same as a stock investment. even though I hope the crypto market is different from the stock market. I am of the opinion that the crypto market can provide greater benefits because of its volatility. and I think most people are interested in the crypto market because this volatility is great for short-term investments and trading. and if bitcoin is stable we can still make a profit by making long-term investments.

creeps

full member

Activity: 742

Merit: 144

Quote from: coinluisa on December 19, 2018, 04:36:31 PM

I think much better that bitcoin is slowly to grow but sure that we get a good price than to immediately grow then it will fall very fast. And bitcoin is decentralize so the price will not be stable it will grow and go down but not steady.

Yeah, its too scary now to see bitcoin pumping easily because for sure that trend is being manipulated by the whales again and maybe there is no real investors that time.

I just want to see bitcoin growing slowly but surely because I know in the future cryptocurrency will be great so there is no need for us to rush things. This is a process, a long development and in due time good technology will be offer to us and the value of bitcoin will be high.

TRONTON

sr. member

Activity: 868

Merit: 252

Quote from: coinluisa on December 19, 2018, 04:36:31 PM

I think much better that bitcoin is slowly to grow but sure that we get a good price than to immediately grow then it will fall very fast. And bitcoin is decentralize so the price will not be stable it will grow and go down but not steady.

if you already know it's one of the characteristics of bitcoin, why do you expect bitcoin to grow slowly?
The price movement of Bitcoin will never be stable, which is why many parties continue to suppress the growth of bitcoin, with the aim of making profits for themselves

coinluisa

member

Activity: 626

Merit: 10

I think much better that bitcoin is slowly to grow but sure that we get a good price than to immediately grow then it will fall very fast. And bitcoin is decentralize so the price will not be stable it will grow and go down but not steady.

Ozero

full member

Activity: 2142

Merit: 183

We know that a decentralized cryptocurrency can never be stable in price. Therefore, this discussion has no practical significance.
Cryptocurrency volatility has its positive and negative sides. For traders and cryptocurrency holders in general, who will periodically use the volatility of cryptocurrency for its sale or purchase, it brings a good profit. However, in almost all other cases, the volatility of cryptocurrency plays a negative role, above all in its legalization by states and the introduction of citizens and business structures into the practical life of citizens.

heninur

full member

Activity: 490

Merit: 100

if I am a trader, then I prefer the fluctuations in the price of bitcoin, because we also need a decrease in the price of bitcoin to buy, and wait for the price to increase to sell.
whereas if I am an investor in the long run, I prefer the development of prices that continue to increase so that I will benefit a lot.
Apart from all that, I only hope that bitcoin will still be present and provide benefits, because until now the price of bitcoin is still in the expected stage.

wingsthegreat21

jr. member

Activity: 87

Merit: 1

For me strong and continuous upwards movement would mean strong downwards movement which would be prone to more loss because you will be more attracted to buy when the coin is up and if you are not careful then you will end up at a loss due to volatility and mostly businesses does not want the volatility because they will not be able to account properly if they are having profits, although we are all excited about sudden spikes when it goes up, we would worry when it goes down because there would be large percentage movements which would have bigger profits or losses.

rosepetals

full member

Activity: 650

Merit: 100

Financial aid for users: https://bit.ly/2SMY8gi

Quote from: player514 on March 03, 2018, 03:43:18 PM

I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.

So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?

I think people still prefer the votality of bitcoin or cryptocurrencies because we already know about the concept of cryptocurrencies existence,the votality gives traders a chance to have huge profit and people will took this opportunity when it will spike to its highest level but i think the steady growth has its advantage also
where merchants can have peace of mind to use it as a mode of payments and the fears that it would eradicate cryptocurrencies or bitcoin will lost because of its steady growth.

Silberman

legendary

Activity: 2716

Merit: 1383

Quote from: rodalutor on November 16, 2018, 04:43:13 AM

Quote from: Stunning on November 16, 2018, 01:26:43 AM

Quote from: UchihaRukawa on November 13, 2018, 07:12:40 AM

For me, having its value on a spike or the quality of being highly volatile is still the better option for me, having this quality means I would be able to play may money and earn profit on my own. Having a steady growth is fine as well, and I can see many investors being happy with it, but I would choose the highly volatile bitcoin.

People must understand the fact that bitcoin is volatile, and it happens to be powerful source just because of this one feature. Remove this one nature of bitcoin and see the clumsy results.

Bitcoin can function just as well, if not better without the high volatility, it would remove a lot of people who are only here to speculate on wild price swings, most of those people couldn't care less about bitcoin's future and are only concerned with short term wealth.

Those people are not going to leave the market even if the volatility was very low, because in what other market they can invest money without revealing their identities and where there are almost no rules and make money that way? Most other markets are very regulated and many of the things that people do in this market are illegal in those markets so they are not going to leave even with the lesser volatility.

rodalutor

full member

Activity: 364

Merit: 105

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

Quote from: Stunning on November 16, 2018, 01:26:43 AM

Quote from: UchihaRukawa on November 13, 2018, 07:12:40 AM

For me, having its value on a spike or the quality of being highly volatile is still the better option for me, having this quality means I would be able to play may money and earn profit on my own. Having a steady growth is fine as well, and I can see many investors being happy with it, but I would choose the highly volatile bitcoin.

People must understand the fact that bitcoin is volatile, and it happens to be powerful source just because of this one feature. Remove this one nature of bitcoin and see the clumsy results.

Bitcoin can function just as well, if not better without the high volatility, it would remove a lot of people who are only here to speculate on wild price swings, most of those people couldn't care less about bitcoin's future and are only concerned with short term wealth.

Stunning

newbie

Activity: 29

Merit: 0

Quote from: UchihaRukawa on November 13, 2018, 07:12:40 AM

For me, having its value on a spike or the quality of being highly volatile is still the better option for me, having this quality means I would be able to play may money and earn profit on my own. Having a steady growth is fine as well, and I can see many investors being happy with it, but I would choose the highly volatile bitcoin.

People must understand the fact that bitcoin is volatile, and it happens to be powerful source just because of this one feature. Remove this one nature of bitcoin and see the clumsy results.

Silberman

legendary

Activity: 2716

Merit: 1383

Steady growth will be a lot more convenient if what we want is to attract long term investors and we want that businesses begin to use bitcoin as a form of payment but it is my belief that what we are going to see this more of the same, bitcoin is going to remain stagnant for some time and then it is going to skyrocket and then it is going to crash periodically.

dat.ho12492

jr. member

Activity: 378

Merit: 1

Quote from: fulmetal08larz on November 13, 2018, 09:47:44 AM

I would rather see a slow and steady growth rather than a strong upward spike. We all witnessed the insane parabolic rise which happened during some time in November to December 2017 and we all know what followed through. We are still experiencing the effect of the hype until now but the stable current price of BTC shows a strong support which is a good and healthy sign in the crypto market.

I know you like stability and safety but we will need a very long time to get the profit we want, I do not think everyone has the patience to wait, most people will like the strong spike, although this can bring a lot of side effects after it's over but we will definitely get very quick profits. And then we can withdraw from this market if we want, in your case, everything can slowly come up and stabilize but I can not know when it can reach its peak, people will be very upset with that, typically the current situation, too slow

fulmetal08larz

full member

Activity: 476

Merit: 124

I would rather see a slow and steady growth rather than a strong upward spike. We all witnessed the insane parabolic rise which happened during some time in November to December 2017 and we all know what followed through. We are still experiencing the effect of the hype until now but the stable current price of BTC shows a strong support which is a good and healthy sign in the crypto market.

bajingluncat

jr. member

Activity: 406

Merit: 2

I like the current price stability, maybe this is my chance to start doing an investment in Bitcoin, at least the current situation will give me more time to learn and understand this investment, so when there will be price fluctuations or high jumps I already know what steps I have to take, at least I will not be confused anymore and minimize my mistakes in making decisions

UchihaRukawa

full member

Activity: 364

Merit: 100

For me, having its value on a spike or the quality of being highly volatile is still the better option for me, having this quality means I would be able to play may money and earn profit on my own. Having a steady growth is fine as well, and I can see many investors being happy with it, but I would choose the highly volatile bitcoin.

Topic: Would you rather see steady growth in Bitcoin or strong upward spikes instead? (Read 2446 times)