That is it. Bitcoin is totally unpredictable. This market is fake.

[Cusdonard]

What did you say?IS NOT A FAKE. I agree with you is not predictable , but not that bad what it seems.

The price is unpredictable for the bitcoin. But it is not different from other commodities. The copper has dropped a lot.

[Malsetid]

For some professional traders, they can make a lot of money from the market volatility. For us, we will make a loss.

[STT]

A free market in theory should have a purpose for traders in that they even out the peaks and troughs to the price so that regular participants can proceed with less risk.  That is the ironic positive component to free capitalism, its competetive and open to all.    Socialists totally miss that point that a fair race is beneficial; so yea tons of money to be made but only while engaging risk and providing some evening out of supply and demand so we arent all like scared men on a boat sliding from one side to the other aiding a capsise and loss of business opportunity

tl;dr market aint fake, this is normal for the wild west of finance

[Cusdonard]

For some professional traders, they can make a lot of money from the market volatility. For us, we will make a loss.

In the trading, it is zero or negative sum game. Because we have to pay trading fees. Very few will win in the end.

[makingwin1]

of course bitcoin is not stable, it was unpredictable from it's begining, just wait few years, it should be stable then, just keep your bitcoins for year, sell them and be happy

[n0ne]

of course bitcoin is not stable, it was unpredictable from it's begining, just wait few years, it should be stable then, just keep your bitcoins for year, sell them and be happy

The bitcoin price is unpredictable. It is the real face of bitcoin and the same only attracts more users towards it. When bitcoin gets a fixed value more people will get out of it.

[Visbay]

of course bitcoin is not stable, it was unpredictable from it's begining, just wait few years, it should be stable then, just keep your bitcoins for year, sell them and be happy

The bitcoin price is unpredictable. It is the real face of bitcoin and the same only attracts more users towards it. When bitcoin gets a fixed value more people will get out of it.

The price of bitcoin is too volatile. That is the reason I do not trade it. I cannot find the high and low point of bitcoin.

[findftp]

of course bitcoin is not stable, it was unpredictable from it's begining, just wait few years, it should be stable then, just keep your bitcoins for year, sell them and be happy

The bitcoin price is unpredictable. It is the real face of bitcoin and the same only attracts more users towards it. When bitcoin gets a fixed value more people will get out of it.

The price of bitcoin is too volatile. That is the reason I do not trade it. I cannot find the high and low point of bitcoin.

Yes because trading in a flat-line horizontal market makes much more sense!

What is this for some bullshit.
Trading is all about volatility.
Without it there are not profits to make.

Just buy when you're afraid, and sell when they announce the news or when you're exited. Simple as that...

[nielaminda]

That is it. Bitcoin is totally unpredictable. This market is fake.

What do you expect?. that the price will just go for a billion dollars?.
Every currency is unpredictable and no one can tell what will be the price is.
If you look at the wall street you will eventually know that none can stick to a stable price.

[Amph]

of course bitcoin is not stable, it was unpredictable from it's begining, just wait few years, it should be stable then, just keep your bitcoins for year, sell them and be happy

The bitcoin price is unpredictable. It is the real face of bitcoin and the same only attracts more users towards it. When bitcoin gets a fixed value more people will get out of it.

The price of bitcoin is too volatile. That is the reason I do not trade it. I cannot find the high and low point of bitcoin.

Yes because trading in a flat-line horizontal market makes much more sense!

What is this for some bullshit.
Trading is all about volatility.
Without it there are not profits to make.

Just buy when you're afraid, and sell when they announce the news or when you're exited. Simple as that...

he said too volatile, not no volatile, in fiat, the volatility is very low, you trade on the tiny spread with very high leverage

here you have low leverage and high spread, so more risk for profit

[NeuroticFish]

This Bullshit aint the work of an aggregate market.

This is just a few players with the power to defy all time learned principles of market mechanics, in order to deprive the maximum of unsuspecting punters of their USD and Bitcoins, but mostly USD.

This market is fucked.

The coin / asset is still new.
The market is not regulated.
The volumes are not that high.
Some of the exchanges are new businesses, some are established, however, since it's not regulated you cannot know if everybody plays fair.

Yes, there are a lot of uncertainties which make the market highly volatile and not very predictable on long term. This doesn't make it fake.
However, the money flows around. Some lose, some win. It cannot be that everybody wins. It's just cannot be like that.
If you are rich enough to play high volumes, or skilled+informed to foresee correctly the movements, you can make money.

Else it's indeed safer to stay away.

[Pk880058]

That is it. Bitcoin is totally unpredictable. This market is fake.

What do you expect?. that the price will just go for a billion dollars?.
Every currency is unpredictable and no one can tell what will be the price is.
If you look at the wall street you will eventually know that none can stick to a stable price.

Perfectly said which ever you are trading in commodity or shares or stocks all are unpredictable even good working company share price is also going up or down everything is unpredictable,

even life is also unpredictable when will you die no one can tell. 

If you tell this market is fake then all other market are also fake. if anything gets predictable then everyone will become rich and all will buy and keep it and not sell . then what will happen did you guessed ?

[Dekker3D]

That is it. Bitcoin is totally unpredictable. This market is fake.

What do you expect?. that the price will just go for a billion dollars?.
Every currency is unpredictable and no one can tell what will be the price is.
If you look at the wall street you will eventually know that none can stick to a stable price.

Perfectly said which ever you are trading in commodity or shares or stocks all are unpredictable even good working company share price is also going up or down everything is unpredictable,

even life is also unpredictable when will you die no one can tell. 

If you tell this market is fake then all other market are also fake. if anything gets predictable then everyone will become rich and all will buy and keep it and not sell . then what will happen did you guessed ?

Only that there are so many people who are thinking that the price will skyrocket to 4 or even 5 digits without thinking what'll happen in reality. Even if the price gets to $2000, will there be enough buyers for that, will the Sell Orders bring the price down again as people are looking for profit, will the people still buy bitcoin even if its several thousand dollars already while other coins are cheaper, etc. Just some of the things that needs to be looked at as we reach halving.

[Evansloin]

This is not fake. We can here talk about for what is going to happen and that is good. We can talk with each other and that is good.
I hope that more people will use Bitcoin and ofcourse it is unpredictable.

[greghansel89]

Well life in unpredictable and its not fake,bitcoin prices will always be unpredictable as many users are using it.
Even miners and traders doesnt know what will the real price be.

[ZyclonRacerX]

...
If you are rich enough to play high volumes, or skilled+informed to foresee correctly the movements, you can make money.
...

Confidence 101: The essential ingredient in every confidence scheme, including such basics as streetcorner shell & Three Card Monte games, is making the mark believe he could win; that he's plenty smart enough and good enough to beat the operator at his own game.

[Malsetid]

If you can predict the market, you will be billionaire in several months. Of course, the bitcoin is not predictable.

[rekinthis]

This Bullshit aint the work of an aggregate market.

This is just a few players with the power to defy all time learned principles of market mechanics, in order to deprive the maximum of unsuspecting punters of their USD and Bitcoins, but mostly USD.

This market is fucked.

well of course that bitcoin is very very unpredictable and not stable, maybe you're new bitcoin used and don't know but price of bitcoin can change by 50$ in one day, and nobody can predict that, so of course that bitcoin is unpredictable

[bit1]

This Bullshit aint the work of an aggregate market.

This is just a few players with the power to defy all time learned principles of market mechanics, in order to deprive the maximum of unsuspecting punters of their USD and Bitcoins, but mostly USD.

This market is fucked.

well of course that bitcoin is very very unpredictable and not stable, maybe you're new bitcoin used and don't know but price of bitcoin can change by 50$ in one day, and nobody can predict that, so of course that bitcoin is unpredictable

Absolutely agree,

Is unpredictable so peoples talk about "stable" after certain time period has elapsed not before , Like to price of last months around $400-450.

[mitkala]

This Bullshit aint the work of an aggregate market.

This is just a few players with the power to defy all time learned principles of market mechanics, in order to deprive the maximum of unsuspecting punters of their USD and Bitcoins, but mostly USD.

This market is fucked.

well of course that bitcoin is very very unpredictable and not stable, maybe you're new bitcoin used and don't know but price of bitcoin can change by 50$ in one day, and nobody can predict that, so of course that bitcoin is unpredictable

Absolutely agree,

Is unpredictable so peoples talk about "stable" after certain time period has elapsed not before , Like to price of last months around $400-450.

The price in the last month is very stable as the price is within a tight range of $400 to 450. It is good for mass adoption.