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Topic: Would you rather see steady growth in Bitcoin or strong upward spikes instead? - page 2. (Read 2411 times)

member
Activity: 421
Merit: 10
It depends on how the cryptocurrency market looks. Now, the continually declining cryptocurrency market needs continued strong growth. For example, a 10%-20% increase every day, so there will be a large number of investors to enter, which is hard to imagine for whales. As far as I know, many people are studying cryptocurrencies this year because of the myth that Bitcoin created last year, but they all became viewers.
sr. member
Activity: 1344
Merit: 253
Bitcoin is still manipulated asset, but we might watch another case in the future after regulating it, so we can enter a phase of steady growth that is based only on the supply/demand factor, not pump and dump scheme that hurts the whole Crypto market.
nowadays, market manipulation can occur, with the lack of cryptocurrency market players, meaning that it is possible to be monopolized. but this will be difficult to happen, if more and more bitcoiners
hero member
Activity: 910
Merit: 501
Kind of weird question. Sound like what would you like to have "a straight well maid road, that will allow you to drive 200 mph"  OR  "bumpy forest road that will be completely uncomfortable and finally will kill your suspension and wheels".You must be really experienced trader to work and predict "spikes", believe me it will be much better for you to have a steady risk-free profit.
hero member
Activity: 924
Merit: 500
Bitcoin is still manipulated asset, but we might watch another case in the future after regulating it, so we can enter a phase of steady growth that is based only on the supply/demand factor, not pump and dump scheme that hurts the whole Crypto market.
sr. member
Activity: 728
Merit: 250
Look ARROUND!
For me personally, it is more interesting to watch the market when it is volatile and prices jump up and down, and in such circumstances you can make a profit in the short term.
full member
Activity: 518
Merit: 100
On the one hand, volatility makes it possible to quickly earn and attract new traders, which contributes to the popularization of Bitcoin. But on the other hand, stable growth will attract investors, which also raises interest and demand for bitcoin.
member
Activity: 350
Merit: 10
Characteristic behaivor of an asset in the market is mostly determined by its investors. As you know, most of BTC investors prefer to gain huge amount of profit and this makes BTC open to the speculations. If more institutional investors start to go in BTC market, we will see less fluctiations and peaks.
Yes, but with the advent of new investors, new traders will also come, and traders need volatility and the higher it is, the more they can earn in a specific period of time. Over time, volatility will decrease, but for this to happen, capitalization needs to be increased due to the arrival of new investors.
member
Activity: 364
Merit: 10
We have two groups in bitcoin market, the long term investors and the traders. The steady growth is good for the long term investors while the upward spikes is what the daily traders are happy to see. So we need both of them.
This is true, bursts and growing up are needed, as there are people among bitcoin fans who earn bitcoin in many ways. Although high volatility allows traders to earn money, it can discourage some new investors from buying cryptocurrency because of the fear of reducing its price immediately after purchase.
member
Activity: 812
Merit: 11
I actually like and prefer steady grow and progressive development than spike pricing. If cryptocurrencies is going to be adopted worldwide then it price must be stable and we must build confidence in it.  I have been trading cryptocurrencies since early last year and one thing that I have find out is that people and business are not adopting it as money which I think because of the spikes there are afraid.

I am agree, if the price spike, its mean too volatile and the price have high fluctuation. Its better to steady growth because investor more confident on it.
member
Activity: 476
Merit: 17
I believe that bitcoin price jumps allow some traders to make a profit, but this negatively affects Bitcoin's reputation, because many large investors do not invest in cryptocurrencies calling volatility a negative characteristic of cryptocurrencies. If there was a constant small increase, it would attract the attention of many new investors.
hero member
Activity: 1036
Merit: 500
Characteristic behaivor of an asset in the market is mostly determined by its investors. As you know, most of BTC investors prefer to gain huge amount of profit and this makes BTC open to the speculations. If more institutional investors start to go in BTC market, we will see less fluctiations and peaks.
This is right. But if we look at the affect of the long term steady growth in Bitcoin, this is something that has so far made millionaires out of those who prefer to take the steady long run growth rather than a momentary spike.

In addition, spike is often followed by a long lasting recession like the current on going recession and results in the devaluation of the portfolios so i do not think it is something for those who intend to spend long years in crypto but rather for those who are here for quick short run profits.
sr. member
Activity: 1988
Merit: 322
We have two groups in bitcoin market, the long term investors and the traders. The steady growth is good for the long term investors while the upward spikes is what the daily traders are happy to see. So we need both of them.
I believe that economies can grow highly if there is accelerated rise in the growth of their currencies and same is true for Bitcoin but it has been witnessed that normally when there is a sudden surge in Bitcoin, there comes a downtrend in the value afterwards which remains for long. So consistent and a steady growth rather is an appreciable factor that can boost the trade and the investment as well. Investors like to invest without any risk if there is stability in the values.
full member
Activity: 435
Merit: 100
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?
No, I never liked the sudden and unstable rise. That just shows the altcoins are still in the state of being exploited and it still has not given its real value. Do you want the market to rebound 20k $ and after a few days its price goes down to 6k $? No one wants that. We should all turn towards a sustainable and lasting value.
full member
Activity: 546
Merit: 100
A steady growth is indeed needed in a state of adoption but we are not still there yet so we still have time to see bitcoin having strong upward strikes. Guys, just let us bitcoin reach its maximum potentail first before we talk about steady growth or force it to be a stable coin.

Yes, steady growth of bitcoin means that there will be more support and people will trust bitcoin more. Also this will make Bitcoin to be a stable currency and hence more people will adopt it.

I would rather see the steady growth of this main cryptocurrency. I guess when Bitcoin jumps too high, there is a great probability that it can fall very fast after it. I love stability, and I think, most of the guys love it, too.
full member
Activity: 630
Merit: 102
We have two groups in bitcoin market, the long term investors and the traders. The steady growth is good for the long term investors while the upward spikes is what the daily traders are happy to see. So we need both of them.
member
Activity: 532
Merit: 18
Bitcoin lover!
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?
My mind says that for Bitcoin and cryptocurrency as a whole it will be much better if Bitcoin is slow, without large price spikes. We have already seen why such a surge in December last year led the cryptocurrency market.
However, sometimes such a significant surge still want. Therefore, let the cryptocurrency develop as it turns out. Vseravno we can not affect this process.
member
Activity: 448
Merit: 10
I think sustainable growth is our future. I doubt that we will ever again see so strong growth as a year ago.
And this is good, both for using cryptocurrency in reality and for investing.
Because you yourself know what ended the last explosive growth.
sr. member
Activity: 812
Merit: 250
What I wanted to see in bitcoin is the organic adoption from users all over the world I dont like the manipulations currently going on in this coin Im confident that if this will happen bitcoin price will soar high and never back again in the lowest price before many people still dont know about bitcoin and how this thing will really help us in many other things. 
I will choose strong upward spikes for Bitcoin because for me it means the rate of people of using it is growing much more. Also upward spike of bitcoin means it becomes more valuable and profitable, that's why many people will get interested. I also like the steady growth if the market is dumping because surely its also falling its price and become have a lowest price, but I know it will recover and rise again.
sr. member
Activity: 656
Merit: 250
What I wanted to see in bitcoin is the organic adoption from users all over the world I dont like the manipulations currently going on in this coin Im confident that if this will happen bitcoin price will soar high and never back again in the lowest price before many people still dont know about bitcoin and how this thing will really help us in many other things. 
copper member
Activity: 672
Merit: 270
yes steady growth, keep stable, make people confident to buy and invest in bitcoin. also good for their economic, as we know bitcoin and is second option to transaction around the world, no limit, no need more document and not waste your time.

Well it is good if the thing that happens is, cryptocurrency become the currency, a worldwide currency. But if it stay as it is today then it would be better if it rise constantly that lead to more investors but then it will result to cryptocurrency being stagnant. All in all both is good for bitcoin.
Of course I will rather choose a strong upward spikes for Bitcoin because surely you will get more profit. Also Bitcoin will not become a steady growth because the demand is rising and surely its will grow even more especially now that Bitcoin is more popular. Beside it will attract to many people to believe, buy and invest in Bitcoin if it has strong upward spike continuously,
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