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Author Topic: What to do to prevent bitcoin from crashing?  (Read 1770 times)
Carlsen
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September 02, 2017, 08:27:14 AM
 #61

Actually I think the best way to keep bitcoin increasing is not to sell the coins you already have.
Shorten the supply for the other people and you will have your coins grow in price.
Of cours, the other people should think the same way.
To me, I am only giving away coins if I really have to.

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Shamie1002
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September 02, 2017, 09:10:38 AM
 #62

Hi! I know this might sound obvious to anyone but I really want to know in what way we can do our share to bitcoin to prevent it from crashing. I am still a Jr. Member and I still don't know everything about bitcoin that's why I am asking some help.
 Almost all of us have high hopes that someday we will rejoice with bitcoin so altogether we must do our fair share in order bitcoin to survive.

In my opinion, it's the exchanges that keeps bitcoin price soar. So if we continue to Buy and use it as payment in buying things it will continue to be in demand and in limited stock that is why prices are as high as ever. More and more people are adopting it.
wearepoor
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September 02, 2017, 09:39:34 AM
 #63

Hi! I know this might sound obvious to anyone but I really want to know in what way we can do our share to bitcoin to prevent it from crashing. I am still a Jr. Member and I still don't know everything about bitcoin that's why I am asking some help.
 Almost all of us have high hopes that someday we will rejoice with bitcoin so altogether we must do our fair share in order bitcoin to survive.

I think people should hold the bitcoins for longer time instead of booking short term profit. People should not panic in case of negative news regarding cryptos; they should trust the bitcoins. Then there will be less correction and the price will be more stable.
USSENT
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September 02, 2017, 10:06:18 AM
 #64

Bitcoin is PURELY based on demand and offer, the reason the price is rising and not crashing in the same time that people believe in it's value and buy it and the buyer/seller balance is in favor of buying.
Stocks are priced in exactly the same way, althogh the amount of yearly profit impact the price movement, but the stock market is still purely depend on offer and demand, so it's isn't special for bitcoin, but for freely priced items for sale in general.
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September 02, 2017, 10:11:03 AM
 #65

Bitcoins depend on the market, demand and supply ratio but probably with some speculations some big players and whales could influence the price. But there are no methods for ordinary users to prevent crash if the market causes it. You just can watch for the tendencies and then react on time to prevent losing money.

Charot12345
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September 02, 2017, 02:05:08 PM
 #66

i think bitcoin will not crash because bitcoin is continuously spreading and it is being popular. Bitcoin is being use to pay on any establishment in other country so that as long as people embracing bitcoin it will not crash. And also bitcoin exists because the people support it and maybe someday it will be used as normal currency just like fiat today.

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September 02, 2017, 02:14:14 PM
 #67

Theoretically, you can buy a huge number of Bitcoins and regulate market supply to prevent Bitcoin price crash. However, that will not work all the time.

So now coming to a more practical solution, I think we as a community can build awareness about Bitcoin. We have seen a crash in the pre-fork period which was the worst example of panic selling. I won't criticize those who cashed out during that period but most of them were victims of panic selling wave and were selling their holdings just because the next guy is selling it. The improved average maturity of the users would definitely help Bitcoin to be less volatile.
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September 02, 2017, 02:23:36 PM
 #68

If bitcoin is crashing it means people are selling because they think the price if going to be lower.
Translated in people losing confidence.

Devising methods to keep this from happening means transforming bitcoin in fiat with fixed value.
Also it means we have f word the greatest thing about BTC.
Is this really up to debate?
How do we fix prices?


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valov88
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September 02, 2017, 02:29:31 PM
 #69

Buy a lot of Bitcoin and use it to buy things. Those two are enough. If you want to take an extra step, do work for Bitcoins, build services around it and teach others on how to use it.
I think that spreading the word about it is even more important. The more the merrier ;-)

TrueCryptonaire
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September 03, 2017, 02:18:57 PM
 #70

The price of bitcoin depends on supply and demand and if it is crashing it means that people are either shifting towards other crypto or the supply is more than demand. To prevent it from crashing we should focus towards mass adaption through which there would not be market manipulation from some whales and bitcoin price will become stable.
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September 04, 2017, 03:44:29 PM
 #71

Bitcoin can die but we can save it, bitcoin can save only if we, we the person do not agree and fight for bitcoin, for our bitcoin.
There is nothing much you have to do,  Just create a website where people can get amazon Gift Card with bitcoin, or buy some products too. Another thing is that everyone should keep on investing into bitcoin. Nothing else to say, I believe these two things are enough.
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