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Author Topic: What if we sit at $310-$340 for 2 more years?  (Read 14920 times)
BitMaxz
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April 04, 2016, 04:52:04 PM
 #221

The stability would bring constancy which would shut down Uncle Ben's argument, but wouldn't it be boring?

What do you think?
What if we sit at $310-$340 for 2 more years or any other digit then it will be the stability of bitcoin and the stability means that enough people have joined bitcoin and are now using it as a normal currency, so that time will be the good time for bitcoin, as everyone will have believe on it to use as a normal currency.
I think its impossible that bitcoin will be normal currency.. because bitcoin was start as digital currency unlike paypal funds as usd this is the real normal currency and real money.. bitcoin is just like the other thing online that has a value.. like gold or stuffs online..
So its impossible that the price will stable at 310-340.. the price of bitcoin will grow more because we are also increase population in bitcoin world.

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April 05, 2016, 08:22:15 AM
 #222

The stability would bring constancy which would shut down Uncle Ben's argument, but wouldn't it be boring?

What do you think?
What if we sit at $310-$340 for 2 more years or any other digit then it will be the stability of bitcoin and the stability means that enough people have joined bitcoin and are now using it as a normal currency, so that time will be the good time for bitcoin, as everyone will have believe on it to use as a normal currency.

If the price is stable for some time, the market capitalisation will still rise due to the newly mined coin, that will increase its adoption.



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April 05, 2016, 10:03:44 AM
 #223

The stability would bring constancy which would shut down Uncle Ben's argument, but wouldn't it be boring?

What do you think?
What if we sit at $310-$340 for 2 more years or any other digit then it will be the stability of bitcoin and the stability means that enough people have joined bitcoin and are now using it as a normal currency, so that time will be the good time for bitcoin, as everyone will have believe on it to use as a normal currency.

If the price is stable for some time, the market capitalisation will still rise due to the newly mined coin, that will increase its adoption.
It will be not possible and if that will happen than many people will stop using Bitcoin and will find another coin indeed I think, because it will be very bad if that will happen.
You see that the value is now around this time a bit stable and that is not that good for the people who already have Bitcoin.
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April 05, 2016, 11:43:12 AM
 #224

if the price will remain stable there will be no interesting movements in it and bitcoin will be not such an interesting currency that it is right now

i think it would be a definitely bad thing to bitcoins as now a lot of investors are attracted to it because they are hoping that they will manage to make a lot of money out of small money that they put in right now

Do you think US dollar or the Euro are interesting currency? Currency is to be used, not for speculation.

well bitcoin is vastly used nowadays, not for speculative purpose, i would argue that specualtion is not playing a big role anymore, as a investment speaking because everyone is just holding bitcoin, so only whales are trading with their bots...
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April 06, 2016, 03:07:32 PM
 #225

if the price will remain stable there will be no interesting movements in it and bitcoin will be not such an interesting currency that it is right now

i think it would be a definitely bad thing to bitcoins as now a lot of investors are attracted to it because they are hoping that they will manage to make a lot of money out of small money that they put in right now

Do you think US dollar or the Euro are interesting currency? Currency is to be used, not for speculation.

well bitcoin is vastly used nowadays, not for speculative purpose, i would argue that specualtion is not playing a big role anymore, as a investment speaking because everyone is just holding bitcoin, so only whales are trading with their bots...

The speculation about the halving will still work to some extent. For example, I am buying bitcoin in the hope I can sell at higher prices.
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April 06, 2016, 03:25:30 PM
 #226

The stability would bring constancy which would shut down Uncle Ben's argument, but wouldn't it be boring?

What do you think?
If this happens I think I would stop a bit with Bitcoin. If the price stays the same there is really no reason for me to keep using Bitcoin. But I doubt that this will happen.
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April 06, 2016, 03:41:22 PM
 #227

well, maybe it would not be good for some players trader, just like me.
if it happens bitcoin might be very boring, but if the price goes up, it will all be fine  Grin

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April 06, 2016, 08:48:42 PM
 #228

well, maybe it would not be good for some players trader, just like me.
if it happens bitcoin might be very boring, but if the price goes up, it will all be fine  Grin

Stability in the price isn't good for traders as they want to see high volatility during the years. Volatility is what all traders love. Without volatility the market will become very boring and less inviting for new traders.

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April 06, 2016, 09:11:57 PM
 #229

I think despite that scenario.

Most people would hold it but as for me, I`d get rid of it. Only cause I`m not patient enough to see another 2 years to hold for those #`s.

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April 06, 2016, 09:12:29 PM
 #230

well, maybe it would not be good for some players trader, just like me.
if it happens bitcoin might be very boring, but if the price goes up, it will all be fine  Grin

Well the point of bitcoin was never just to have some high price, but to use it for transactions , purchases and services, and ofc for store of value.
No matter of the small traders you talk about, bitcoin will be fine no matter what, but naturally it would be a much better spread of awareness if the price
peaks up here and there, just to rattle the waters.

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April 07, 2016, 08:05:30 AM
 #231

if the price will remain stable there will be no interesting movements in it and bitcoin will be not such an interesting currency that it is right now

i think it would be a definitely bad thing to bitcoins as now a lot of investors are attracted to it because they are hoping that they will manage to make a lot of money out of small money that they put in right now
Yeah it will not be a good thing at all. The users of Bitcoin would just get bored and not be interested any more in Bitcoin. Bitcoin is now at a good place so I do not think that it will happen but you never know. If it would happen I would leave. 
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April 07, 2016, 06:54:20 PM
 #232

The stability would bring constancy which would shut down Uncle Ben's argument, but wouldn't it be boring?

What do you think?

first of all, stale bitcoin would be very, very boring thing and all bitcoin traders will go to trade litecoin, etherium and all other cryptos

but also, stable bitcoin have good sides too, for example more people will start to use bitcoin, also more stores will accept it just because it will be stable
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April 08, 2016, 09:26:05 AM
 #233

it is not possible that we will sit at 310, that is not possible the value is always changing so you dont know what the value will be after some 2 years and the halving is also coming so that can be good.
There are also people that is telling that the value will be even stable after the halving so we must wait a longer time to make profit.
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April 08, 2016, 03:23:14 PM
 #234

The stability would bring constancy which would shut down Uncle Ben's argument, but wouldn't it be boring?

What do you think?
What if we sit at $310-$340 for 2 more years or any other digit then it will be the stability of bitcoin and the stability means that enough people have joined bitcoin and are now using it as a normal currency, so that time will be the good time for bitcoin, as everyone will have believe on it to use as a normal currency.

If the price is stable for some time, the market capitalisation will still rise due to the newly mined coin, that will increase its adoption.

Truly the market capitalization will rise if the price is found stable for a long time, but adoption won't increase due to continuously mined coins but on continued usage and promoting.

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April 15, 2016, 10:09:34 AM
 #235

The stability would bring constancy which would shut down Uncle Ben's argument, but wouldn't it be boring?

What do you think?
What if we sit at $310-$340 for 2 more years or any other digit then it will be the stability of bitcoin and the stability means that enough people have joined bitcoin and are now using it as a normal currency, so that time will be the good time for bitcoin, as everyone will have believe on it to use as a normal currency.

If the price is stable for some time, the market capitalisation will still rise due to the newly mined coin, that will increase its adoption.

Truly the market capitalization will rise if the price is found stable for a long time, but adoption won't increase due to continuously mined coins but on continued usage and promoting.

I think the adoption does not have anything to do with the newly mined coins. The existing coins are already a lot.
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April 15, 2016, 01:14:00 PM
 #236

The stability would bring constancy which would shut down Uncle Ben's argument, but wouldn't it be boring?

What do you think?


wait, was it realy only at the $300 range back in november last year?     

we've been gong pretty slow in my opinion, but actually a $100 (or ~33%) rise in less than half a year is not bad actually.
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April 15, 2016, 01:18:03 PM
 #237

imo it isnt really a bad thing to have a stable price for 2 years. Rapid changes in the price of bitcoin might be seen as a good thing, but if you want the real mainstream usage of bitcoin (the rest who still have no idea what the hell bitcoin is), it isnt a bad thing to have stable prices while they get to catch up and learn .

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April 15, 2016, 01:35:34 PM
 #238

That is not possible, Bitcoin is a currency and that is always changing so the bad thing is also that you never know what will happen with Bitcoin and that is the problem.
The most are hoping that the value will be more worth and that they can get some nice profit in a fast time.
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April 19, 2016, 08:00:05 AM
 #239

That is not possible, Bitcoin is a currency and that is always changing so the bad thing is also that you never know what will happen with Bitcoin and that is the problem.
The most are hoping that the value will be more worth and that they can get some nice profit in a fast time.

I think the bitcoin will stay around the $500 mark for about two months, it will go up after the halving.
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April 19, 2016, 08:30:57 AM
 #240

That will not happen as you can see you see that the value is now stable for a long time and that is because the value isnt rising so that is quite bad for the most people.
The halving is also coming and that most people are also saying that the value will be keep stable in the halving.
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