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Author Topic: How can we make bitcoin's price only RISE and never FALL?  (Read 4791 times)
Superways
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August 23, 2016, 10:10:47 PM
 #121

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...

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?
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August 23, 2016, 10:29:46 PM
 #122

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.

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August 25, 2016, 12:18:19 AM
 #123

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).

 
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August 25, 2016, 01:34:12 AM
 #124

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.
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August 25, 2016, 01:57:21 AM
 #125

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.
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.
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August 25, 2016, 02:25:53 AM
 #126

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.
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