Bitcoin Forum

I've been noticing the price usually periodically dropping. The price doesn't exactly drop significantly. Just enough to make people stressed and rather worried. I have always been in a position in which the price's increase has indeed always been a reward for people who truly believe in Bitcoin and care for its well being. It can be rather worrisome when you've placed $400 worth of BTC in your wallet for price increases, then the next day you find that you've lost about $50. Sure it's not a huge number but it's a number nonetheless.


What can we do to make it only rise and never fall? I have been meaning to have this question answered.

First, we need to ask the question: Why does the price "FALL" and "RISE"?

Supply>Demand = "FALL"?
Demand>Supply = "RISE"?
Blockchain debate = "FALL"?
Reward halving = "RISE"?
Bitlicense = "FALL"?
Overstock adoption = "RISE"?

There are too many factors involved and I don't think we can make sure the price keep going up...

I think we need to talk to the whales and monitor there movement in such case we can refill whatever they withdraw from the supply, fluctuation is part of it if more people encourage to use bitcoin and more company allowed to use the service I think what you want will happen btc price will keep up up up.

just convince everyone to keep buying and not to sell.   Price will surely rise.

lol

But as soon as you buy, you gotta sell so what next...? I think maybe Bitcoin should have some kind of national buying day to make the price hit 1 billion or something and then that same day, we sell it at the same time via circle.com or something. I think it'd be fun. We can also do fun private rallies.

what a relevant discussion  ;D

 


this is the exact reason bitcoin price wont keep on rising just like that. and with other factors mentioned by @7788bitcoin . this is exactly the case.

I actually think there IS a clear cut way to just have the price only grow and never rise. I think maybe we're just gathering way too much thought into this. Sometimes when people over think things, that's when most tasks are extremely difficult to do. Hm..I wanna say my idea was the best idea so far. Not because it's my idea, but because it's definitely the only idea in the thread right now so. I welcome some help here. Can't do this alone. Anytime you guys wanna brainstorm and jump in that'd be welcomed.

Oh yeah, this is true. How are we actually gonna "kill" those people though...? Also, how are you gonna find them in the first place?

I don't think there is any one factory based on which bitcoin prices are moving. There are so many technical factors involved. An expert will be in a better place to tell you in details.

But apart from the technical aspect, any market moves based on two factors:
1. Demand - supply chain
2. Sentiment

The demand supply chain says, that the prices will be higher, if the demand increases/remains strong and supply falls and vise versa.

Secondly, being the pioneer of crypto currency, people are emotionally attached with this currency. There are many people who has stopped solo mining bitcoin a long time ago and currently mining other currencies, but they are holding onto their accumulated bitcoin with high hopes. That's the second external force that moves bitcoin market and prices.

Keep it and never sell it.
And when the right time comes, youll be one of the richest people in this forum. So better to collect all tje bitcoins you can anf store it on a safe place.

this is how any market works, even the oldest markets like Gold or forex or Dollar vs Eur prices change by going up and down. that is the nature of each market that is changing by "supply and demand"

the only difference is the size of the changes, and since bitcoin is a small market in comparison with other markets the changes are bigger.

Wait, I thought holding them made the price drop. Is that true or not true?

You need a predict from the chrystal ball what the tomorrow price will be.

When it's bigger, you buy.
When smaller you sell all coin you have

this way you get infinite rich.

http://cdn.instructables.com/F23/5RX1/GXL6FHS4/F235RX1GXL6FHS4.MEDIUM.jpg

bitcoin's price can be raised by the limited supply and increasing difficulty of mining depending on adoption rates. if it so it won't fall....

Other way around, but then you posted that troll face driving a car powered by magnetic field.

It's definitely that simple, but we also need to go about it in a complicated way unfortunately. I do feel as if it were that simple then we would have honestly done it by now.

it is usual thing for any currency to falls down and rises , that depends on how many people buy and how many sell . I thing we can't make bitcoin only rise because you can't control all bitcoin users

We could if we could just get everyone on the same page for once. It's possible but of course it's difficult. Hm. We could utilize social media more often about bitcoin perhaps. Maybe start more websites that promote it.

I think this is a stupid question. all currencies will always go up and down mate. can not just go down alone
even the accusatory nature if there was a definite no go down. any dollar also had a price moves up and down, so it is very irrational and very foolish hope bitcoin prices never go down

Making bitcoin price to rise forever is simply not possible. Bitcoin has got such a technology which often fluctuates.

Any good conspiracy theorist will notice that the up and down movement usually occur in a $50 fluctuation cycle, and this indicates manipulation and mini pump&dump scenario. There has to be someone behind this, and they are making tons of money because of this. A group of whales on different exchanges could manage to manipulate the price in such a narrow margin, and still make a lot of money. I hope this is not true and normal supply and demand are causing this, but it's just too obvious. ^hmmmmm^

it is not possible to make bitcoin price only rise, at least not forever.
any commodity has a fixed amount of demand, for example if all the people in the world invest in bitcoin then there is no more demand so the price can't rise more. there is an end to the rise until we reach a balance.

I do believe manipulating Bitcoin with such a small currency value at best is possible. Yes, I have noticed it's growth is within $50-$100. It's just that Bitcoin seems rather intelligent enough to find some kind of way to only make it grow. People said cryptocurrencies weren't possible. Bitcoin proved this incorrect.

To some degree, I think it maybe could be possible. We can't just say "it can't happen" then walk away from the challenge of finding the key to make it a reality. You've got to try at least.

This is very true, the bitcoin history is next to impossible back then no one believes that it will rise up but because of the trading exchange platform and many wanted to earn an easy money they embrace w/out foreseen what is happening right now, so predicting how it will stay would also be next to impossible OP.

For the price to be stable and only rise gradually there have to be no bad publicity regarding the use of Bitcoin and its development. Bitcoin was supposed to be the digital money of the people but it's used for speculating purposes and scamming practices half of the time.

Currently, I follow two websites that calculate and measure the growth and shrinking of Bitcoin. It pinpoints when Bitcoin would usually grow a certain amount and when it will shrink a certain amount. This has been a great tool for me to know when to buy and sell but I'd still like to have that out of pocket wish to make the price only rise.

there is only one way, don't dump your bitcoin for fiat for buying stuff, use bitcoin directly for buying, in this way there is only buying

but you still have those manipulators that dump for accumulating more, but i guess those people ar enot there to kill bitcoin with their dumping, because they are profiting heavily from it

I think it's never happen. Bitcoin price is not stable and it can rise and fall, If bitcoin's price only rise, there must be something big happened that make the price of bitcoin keep increase.

Bitcoin does not have any national buying day when the price hit 1 billion, but there is halving coming which can boost the price of bitcoins to more than dollar 1. You can see the  Bitcoin Block Reward Halving Countdown at   http://bitcoinblockhalf.com/ (http://bitcoinblockhalf.com/)

Fiat money is money that has no entity backing it other than the issuer, usually a government. When the United States dollar finally disconnected from the gold standard in 1971 it became a fiat currency.

Bitcoin follows the same principle, in that its value is determined by perception. Instead of the trust of some government entity being evaluated to determine the value of Bitcoin, other factors (the technology, widespread acceptance, understanding of e-money, etc.) are taken into consideration.

Bitcoin is ultimately worth what people will buy and sell it for. This is often as much a matter of human psychology as economic calculation. Don’t allow your emotions to dictate your actions in the market; this is best achieved by determining a strategy and sticking to it. So it is not possible to make Bitcoin's price only RISE.

agree it's all impossible to happen everything has a price such as oil, gold, and even the country's currency, has fluctuated. so impossible bitcoin prices could continue to rise

We can do it if we continue to hoard bitcoins until the supply of bitcoins in market will be enought that demand will rise that will make a bullish trend in rate of bitcoin. :D

But if we just place the coins in manipulated demand, that's how it would work. We just need to find a way to get on the same page.

Nothing should be far from impossible. There should always be some kind of cause and effect along with a small will to make certain things reality. To simply just say "it's not possible" is just giving up before you even tried.

I don't think this will happen anytime soon, have also big doubts even if it will ever happen, but it can actually in a few years time, nothing is impossible.

To make Bitcoin's price rise and never fall it comes down to adoption.  More users means more upward stable price.  Education and more press will increase adoption.

The first step to make bitcoin price to stabilize is to get rid of the bad news that is haunting bitcoin ;D
Whenever there's a bad news regarding the bitcoin the price will fall a few dollar, even hundreds
But as we know it, we can't control the media
So making bitcoin price to never fall is impossible ;D

i think for the time being we can only attract more peple to bitcoin and adopting bitcoin will be the solution for it to go up more but it's not a guaranty to it not to fall down

you can't controll the bitcoin user, people will have the ultimate control over their bitcoin, simply when the supply is higher than Demand the price will be fall, when the demand is higher than supply the price will be rise

It is based on how many people know about it yes, but it's also based on when people are holding it an when they're not. There has to be a set "pumo and dump" schedule as a method to grow your Bitcoin and then sell then. Then of course there's the whole restarting positions to take.

Of course it's not a guarantee but it's definitely a useful idea and worth a shot. I think if we actually just took the time to really think of a way behind all this, it'd come to full fruition.

actually i think if there is enough people using bitcoin then the price will become stable.
just like how gold price is stable, never 100% but the changes are small.

Exactly. We don't want it stable because then it's more of a currency than I way to actually grow your earnings and full out balance.

Your complaining about small Bitcoin liquidity, thus stability. You need more people to actively buying/selling Bitcoins at exchanges (and have set buy or sell orders) to get much more stable prices. This has nothing to do with bitcoin's price only rise and never fall though, the rises and falls would be only much slower if at exchanges are more buy and sell orders...

If we need more people basically working and trading Bitcoin, then we will have to find a way to actually advertise this currency for a while. If you cannot simply just find some kind of way to inform the masses and get them to actually try our currency, we may not be able to make this idea a success. How do you suggest we advertise Bitcoin at least?

Yeah but how do you suggest we go about that? You have to actually give and take with this idea and not simply just give the idea and then not suggest ways of going about it. (Not to say your contribution to this thread is not respected nor appreciated).

As long as people need to do things like pay rent, pay mortgages and pay taxes, in fiat, there will be sellers of bitcoin.

That's the way it is. Work on getting your local govt to accept bitcoin payments for taxes if you want to prevent sellers.

I think it'd actually be just a little bit more complicated than that. We'll need more information about how to go about that.

Definitively not advertising like TV ads and so on, it must be mouth to mouth advertising wih very well, secure and reliably working payment method, not speculative get rich advertising.

With hardware wallets you can already get the most secure payment method today beating CC, paypal, online banking - far better than 2fa with phone or email. Reliability needs more confidence transactions get confirmed in timely fashion which become problem currently, but scaling is in the work.

But biggest point using Bitcoin is no else can confiscate your funds, if you ever received paypal money and later the ballance was removed becuse it come from stollen account you know what Im talking about, the same can happen at your bank account, but not with Bitcoin.

Of course we cannot control them per say but I do believe if we made actually posted buying and selling dates, we could create a stable way to make Bitcoin more of a success in terms of actually making it a stable way to earn a living.

Aside from the demand scene, remove other alts so the exchange will only focus on bitcoin trades.

But this is impossible. So better forget about it. :)

i think we can't do anything with bitcoin price,people who have so many bitcoin can easy to make bitcoin price unstable,maybe the only way to make bitcoin price never fall is regulate bitcoin,and make it not decentralized anymore,but it will not happen so far.

Well we know its always depends in demands and supply if you just want to rise and there's no fall why don't you try to buy bitcoin every time around 200 btc a day i think you can control the price and the price will continous increasing..

I don't know how effective the speaking to friends about Bitcoin situation would be as it would only advertise to a couple thousands of people a year. It's evident that we would need to find a way to really effect large groups of people with Bitcoin and not just a few. Bitcoin should have been a higher price than it is right now but because nobody has ever really advertised the project, it's not 100% off the ground and that's what I think should be understood.

It is possible. We just need to really focus instead of just giving up before we've even tried. This thread is for brainstorming behind the idea and I do strongly believe if you're just going to say it can't be done then perhaps not even mentioning anything would be accepted. If you give a more detailed explanation, we can break it down from there and see what can be done.

I am starting to realize that it just might be a little bit more complicated than that but do you mind possibly giving some more incite? I do believe you're onto something here. We just need to break it down and understand each element better to really focus and make it reality.

It's simple question but there is no simple answer.
It's simple math. If more people buying price will go up.
If more people sell, price will go down.
The same rules as in the real market.
What can we do to make it only rise and never fall?
It's impossible, sorry about that.
Only what we can do is to promote Bitcoin to the public and merchants, as much as we can.
We should also educate people about benefits of using BTC.
When enough people start using bitcoin, merchants will also start accepting BTC and eventually we will become mainstream.
When this happens, BTC price will raise a lot and bring substantial profit to us :)

If there is a way to Stop growing and not getting old ,there should have been a way to make bitcoin only grow and never fall.My point is,if the bitcoin never falls,everybody will buy it as an asset right ? Why wouldn't they ? Sure I'll buy a few today and sell it at a much higher price day after .Matter of facts,bitcoins are limited in number.Moreover ,how would it successfully make its mark in the commercial market,if its not seen as an asset like Gold/Estate/Shares.

I don't know if this idea you have is all that possible. You can't control each and every single Bitcoin adopter unless you came up with some kind of mechanism within the entire blockchain so that people can only purchase bitcoins at a certain date. I don't think a software like that is even possible but this idea does quite interest me. I'll definitely be watching this topic for a bit.

to be honest i believe that it is actually impossible to make bitcoin price only rise and never fall because people would only make money then

if we actually want to make this happen then we have to make people just buy bitcoins and never sell it

Those would be humans. This is technology. Although, the comparison you just made is actually in some kind of relation towards each other. Robots and such are designed based off of the human anatomy. If we really want it to grow, why not starting off small? What makes humans grow?

Take that, and run from there I think. :)

There has to be a set time to sell and a set time to buy. Another user made an ingenius point that humans can grow, so technologically based things should also grow.

That was  vague example but if you understood the underlying principle behind it,it was meant to convey a brighter meaning.The growth is not under our control or it is must for world to turn around.If the market prices don't rise,demand won't increase,people won't work anymore everybody will be rich ,no one would offer any services.Hence the fall and growth are basic necessities for survival of any digital asset in the market.

We actually can't do that and aslo it's so useless. Firstly people holding bitcoins for price increase and buying bitcoins when price is low. Secondly price depends on fiat anyway.

i guess there is no such things and that's impossible also people will like if prices fall for a while because they can buy and will sell their bitcoin when prices rise up

But people would need to work to make homes, food, find good water sources, electricity, and so on. I realize that much. What I'm trying to say is that I personally would enjoy a basic timed method in selling and buying.

Of course people would like it when the price falls. This way, people can buy it at lower prices to actually be a part of the cryptocurrency. What I'm trying to say is that it actually would be nice if we could locate a way to buy and sell effectively and not have to let it be such a gamble. How would you feel if you had $500 being held then all of a sudden you had only $359? It's tragic and rather concerning.

Hi,  thats something which is not possible. The price of a currency cannot always go up and never drops. Bitcoin price may go up sometimes and then down but the thing that can be controlled is that we dont let it drop too low. The balance between demand and supply can ensure this.

I say dropping is fine as long as it is not too low as you mentioned. I think that's what we're looking for in this thread.

Real investors re incredibly patient. You just need to find a way to deal with BTC volatility and not to check exchanges 50 times a day whenever you see a red candle. Don't cry, be a man. :)

First at all we should need a lot of luck with the halving and the bitcoin itself and its future so that is the first point.
Another thing what needs to get done is that the bitcoin need to be a real currency so it has to be spread globally so everyone knows it.

My thoughts exactly. I know I came off as if I always wanted it to grow. But let's be realistic, that could never happen. What I meant to say was that I want it to grow more often.

it is when pigs fly to achieve only rise.
look, bitcoin had been dropping majorly once(like mt gox incident), even for now, the price of bitcoin is still often dropping. ???

Well, it's surely not entirely impossible. People thought crypto was also impossible in general but that was clearly proven highly incorrect. My point here that I'm trying to convey is that if we just take a moment to really think this through, we can eventually come up with an effective solution.

Well if you can get people to stop selling for a long time that would it, although of course, that would just be temporary. IMO there's nothing we can do about it, it's a fundamental market force.

It is impossible for the bitcoin price rise every day and does not drop in a single day. But if we restrict the weekly rise, it will not drop monthly.

^ I'm with this guy, sounds like the deep pocketed sort, together, we will restrict the weekly rise, and it will not drop monthly.

The only Solution to make Bitcoin go up in price with few sells is to turn over POS protocol so that way a lot of people will be
holding and the network will be very secure. Just saying

If btc is ROM,
It will be another **** yovi :)

Agreed, price rise without fall is not at all possible and it looks opposite to the technology. If this happens the methods of earning will probably get deleted. No real-time profit can be made by users.

If there is no pump, there will be no dump. So we need some big organisation to suppress when it rises to fast.

I want there to be a fall, but I want there to be insubstantial falls of $50 or so.

That's right, the price must go down each time it increase or else it will not be balance, the price could rise very high and might fall to very low and might not be healthy for bitcoin and the community...It'ss better this way, small increment each increase and drop...

I already just said I want their to be a fall and that my title was esque. I just want it to grow more often then drop.

We can make the bitcoin price rises every year, and do not fall. But we cannot let any pump and dump happen.

If there is adoption at extreme level in future then we will see only price rise and also we need to keep on spending bitcoin on regular interval that will surely help bitcoin to reach to a higher level.

it is impossible for bitcoin not to have any pumps and dumps because it is impossible that the price can grow steadily without any bigger drops but it would be cool if it happened

i hope that one day the price of the bitcoin will grow a lot pretty soon and block halving will encourage people to buy huge amounts of bitcoins and make me rich pretty soon

Agreed, price fluctuations are the special features of bitcoin, but users always wish for ups, if mass adoption occurs the price can grow steadily without fall. If this happens bitcoin will have a good reach all over the world.

The price will rise or drop at any time. It is due to the market speculation. As long as it rises every year, it is good.

Never fall?
If it never falls, it will go moon. If it goes moon, I will become rich. So, I'll sell, to buy a new house and car. And so, when I sell, it will fall!

That's how the market works.

But, in the long term, as technology adoption increases, and as advantages of cryptocurrency become known wider, rise up.

There will always be booms and busts.
All markets have cycles. It can not just go up.Sure you can have an upwards trend over a long time, but within that there will always be consolidations or corrections.That's how markets work.

Boom and Burst, pump and dump are human natures. We are so greedy. We will always overdo things.

I think bitcoin will never be stable because bitcoin is base on traders .. if more buyer and less supply the price of bitcoin should be increase but if less buyers and more supply the price is low or decreasing..  its always depends in demand and supply..

The only way to achieve this if you can maintain a few hundred thousand btc worth buy wall on the bigger exchanges what you constantly keep moving upwards :). Not impossible, but a bit pricey.

Yeah that's true,, if the price rises, it should go down..It will always be a cycle and probably no one could dictate the price to go down or up, except if you are owning most of the bitcoins...

We can't because we are not whales. If all of us where whales here, then maybe we could make something about the price, but we don't make the price, others do, we only contribute in tiny amounts, due our small purchasing power (unless you are a whale, but there are not many whales in this forum as far as I know). The best you can do is buy and hold long term, price will inevitably keep going up in the long term.

We cant control it and that is the problem of the currency and the most people are hoping of course that the value will rise only but that is not possible for use.
There will be of course a time that it is going to be low and there will be also a time that it is going to rise you only dont know when that will happen.

burn your bitcoin!

The bitcoin will go up and down in the short term. But in long term, the price will only rise if it is developed properly.

Unfortunately the bitcoin price is subjected to the support and demand laws that characterizes the open markets, and individual bitcoin holders can't do significant actions to avoid this oscillations caused by speculative waves.

The only ones that can make it rise (at a rapid rate) are the ones who hold the most. Thus the whales are the ones that influence it's price and not the small players in this game of high volatility.

If Warren Buffet spends $100 million to buy ~10,000 coins, then the bitoin price will rise very very high.

nothing can be done about this, the supply and demand will determine how the price change at any time.

also you shouldn't overlook the power of hype and fud on the price.

Perhaps if everyone was not afraid , and never sell when price drops.

This way drops will not be so big.

I basically agree. I think it is pretty funny to keep reading how the price will never fall when people become aware that there is a scaling issue. Anyone who is not aware of that issue at this point would probably not be concerned with it anyway. I think there are MANY who simply believe that it will be worked out one way or the other and that this asset is currently undervalued based on its enormous long term potential.

Good summary.   It sometimes amazes me how naive some of these questions are sometimes.   There's no market that just rises with no drops.  Bitcoin is still young and has yet to be widely adopted.   We're all going to just have to wait to see how it's going to play out.

the scaling issue is not a serious issue at this point and also the issue is known and developers are working on it so there is no reason for panic and any kind of effect on price!

Why should we want to manipulate the price like this. I honestly don't understand the benefit of this. It's not a normal thing to do when you are dealing with an asset.
Best way to let it go is to let the market decide the price and benefit from there.

It is impossible to manipulate the bitcoin price at all. Every market in the world must have ups and downs and this is how trading working

We can make the price of bitcoin to rise high and never drop down, only when we use bitcoin for all of our purchases and all of our transactions etc, in simple we have to use bitcoin for our daily use as a normal currency so it will be a global currency.

That is what I am doing at the moment. I use the bitcoin to buy some goods online. But just not enough.

You definetely need to find more demand in order to get the price to rise.
The daily emission is 1800 btc (quite small IMO).
As long as the demand exceeds the emission by high enough number, it eventually has to go up. If the demand is 2000 btc per day, the remainder 2000-1800=200 btc needs to come from the reserves of other holders. Thus, in the long run the coins will get redistributed in the manner that there will be no big whales and the tiny 200 btc excessive demand will boost the price up.

The higher the excessive demand, the faster the process.  ;D

What can a person living in Pakistan do to achieve this?
Start digital businesses (very low cost to maintain) that accept only btc and hold all the coins for the longest time and never sell. Thus, you build a bitcoin reserve for you that gets more valuable in the meantime.

if we convince to everyone about the benefit of bitcoin , if we spread the awareness of the bitcoin benefit then people interest to invest their money in bitcoin and if more people invest their money in bitcoin, then bitcoin's price only rise and never fall .

If there are big market manipulators, they can control the market price. The bitcoin price can fall a lot.

well to be honest in my opinion it is really possible that people can manipulate the price, especially if they have a lot of money in their hands, with that they can do a lot

Huh? theres nothing like that. Its impossible for price not to drop even a small amount. Fall is always there after a rise and rise is always there after a fall thats how price works, economy rather.

I think it is possbile for the bitcoin price to rise year after year if there is no big bubble. But it is difficult for it to rise day after day.

We can make the bitcoin to rise year after year if there is good mass adoption. But we cannot make it rise month after month.

I think so. The bitcoin price is volatile at the moment, or in the next few years least. When more people use it, it will be stable.

i think ups and down is the nature of every currency either it is fiat currency or crypto currency, therefore it is difficult for a currency just to follow a sing direction,

The remaining all are better, But I want to know that why the price of bitcoin will fall with blockchain debate and wit bitlicense. are not they go in the favor of bitcoin?

Blockchain debate talks about amending the large size of the bitcoin blockchain and the length of time it takes for confirmation - some say it could lead to the development of an altcoin, which of course will cause a fall in price of bitcoin.

The price is always going to rise and fall based on supply and demand and due to good or bad news coming out. There's no way to make it just go up. You can use the dips to your advantage by buying a little every time it drops (if you have money available).

Human emotions play a big part on the rise and fall of the prices. Greed and fear are at the top of the list. Because it's human nature to want more, we always hope that the price continues to grow. But when the price has climbed too high, fear sets in and people would start selling so that they'd secure profit. That selling triggers the price to go down because the demand is lesser than the supply.

Actually this is interesting question regarding not only bitcoin, but economy in general. Fast answer, it is not possible to have continuous growth - it is not sustainable in the long run.
I am not sure if you know that crisis in economy act as cleaning wave. We can tell the same about stocks, commodities or general price fluctuation of speculative securities.

Price drop=micro crisis.

Bitcoin is not an exception here. When we are hoping that price of BTC will be only growing then we usually have exchange hack, rage quit of a developer or other random event crashing our hopes.

We can't foresee it, we can't predict it and we don't have any influence over the market to make it oblivious to these kind of stuff.

I don't think we can make individual or collective efforts to ensure a consistent rise in the bitcoin price, because it is almost completely subject to the power of market and speculators.