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Author Topic: BTC is a roller coaster  (Read 8492 times)
timerland
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June 21, 2017, 06:44:38 AM
 #61

Just received reminder bitcoin dropped a lot, the price of the last week is very unstable, leading to other competing currencies continued to fall, there is no bottom line of that kind of fall, I would like to ask you tycoons on how to look at the future market?


Bitcoin is decentarlized, and if something is decentralized you are going to have a lot of volatility. There is no way that you will be able to change this, until merchants are able to accept bitcoin at face value and not fiat value of bitcoin.

Foreign exchange markets are realtively stable compared to bitcoin because governments are actively manipulating their currency. exporting countries in particular are slowly but steadily trying to depreciate their currency. If a country's national country rises too much, the central bank is able to dump a whole bunch of their newly printed, fresh fiat onto the market, driving the price down. If it goes down too much, the country can sell parts of its reserves. With crypto, you don't need to worry about government intervention, but short term volatility is the compromise. If you don't think that you can cope with the fluctuations, simply sell any portion of your bitcoin for cash, and keep the rest so that you don't get affected as much.

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June 21, 2017, 07:14:44 AM
 #62

The price of bitcoin is always looked like a roller coaster but that roller coaster leads bitcoin to the moon. So, there is nothing need to be worry. Just hold your bitcoin and you will have a good reward

Yeah, just tight up your belt, hold on and enjoy the roller coaster. Soon it's going up again)
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June 21, 2017, 09:18:48 AM
 #63

Bitcoin indeed is a roller coaster because there is no stability for the price of bitcoin and it is always up and down and the only thing that we can do is either give up or enjoy the ride of this roller coaster price. If you just hold your bitcoins and buy some more when the price dips then you already made a profit as of now and if i were you i will just keep holding bitcoin.
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June 21, 2017, 09:48:44 AM
 #64

Yeah defenitely its a roller coaster ride in terms of price speculations due to high percentage of price volatitility in each market bitcoins is in,it makes a sudden drop or sudden pump in price anytime

 
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June 21, 2017, 09:51:02 AM
 #65

Just received reminder bitcoin dropped a lot, the price of the last week is very unstable, leading to other competing currencies continued to fall, there is no bottom line of that kind of fall, I would like to ask you tycoons on how to look at the future market?

I guess you have to fully understand what's the nature of bitcoin when it is traded, well to let you know we have a volatile market and the price could go pump and dump anytime. Get used to it and learn to capitalize the reality, as for me, I am happy with the current norms, I've been getting more money when there is a dump because I'm sure I will buy even without knowing the reasons sometimes, that's how I trust bitcoin.
yes something volatile like bitcoin, a cryptocurrency market will always have a situation where the cheaps thing could be so precious and expensive within a day or even hours! get used to it and read more than just talking here and there will be better.

just make a research and decide what you should do to deal with that kind situation.

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June 21, 2017, 09:54:16 AM
 #66

Yeah defenitely its a roller coaster ride in terms of price speculations due to high percentage of price volatitility in each market bitcoins is in,it makes a sudden drop or sudden pump in price anytime
I completely agree with you on this issue, Bitcoin is like a roller coaster in terms of raising value or price. It is similar to the roller coaster Because Bitcoin is experiencing value in a uncertain way, in recent days, Bitcoin has gained huge value, which profit curve is raising in the up ward looks like roller coaster 😀
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June 21, 2017, 09:58:16 AM
 #67

Just received reminder bitcoin dropped a lot, the price of the last week is very unstable, leading to other competing currencies continued to fall, there is no bottom line of that kind of fall, I would like to ask you tycoons on how to look at the future market?


Well, the price of bitcoin can easily dropped but also can easily increase. Yes, it's like roller coaster. People who see this can see this opportunity to do trading and investing on bitcoin. I think it's hard to see the future market, because it always changed depend on the situation.
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June 21, 2017, 10:02:06 AM
 #68

Yes, bitcoin is too unstable and looks like a roller coaster, but it is thanks to such a drawdown that you can buy coins at a low price and then get a good profit from it.

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June 21, 2017, 10:15:16 AM
 #69

Yes, bitcoin is too unstable and looks like a roller coaster, but it is thanks to such a drawdown that you can buy coins at a low price and then get a good profit from it.

All of crypto is a roller coaster and i agree that's how you make trades as there will be times to buy into a coin and there will be times to sell. Imagine if btc stops at a certain rate. We probably won't be enjoying the benefits we have right now for trading.

 
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July 29, 2017, 05:30:05 AM
 #70

It is because BTC rise their price and decrease and rise again alt.
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July 29, 2017, 05:45:40 AM
 #71

Btc is really like a roller coaster. Some people want to buy at a low price so they make some fuds and spread it on the internet. When some people falls into their trick and sells their bitcoin. That is where those fud creators grab the opportunity to buy some bitcoin. Then creative some postive news to pump it. Then they just repeat the process.
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July 29, 2017, 05:55:11 AM
 #72

Just received reminder bitcoin dropped a lot, the price of the last week is very unstable, leading to other competing currencies continued to fall, there is no bottom line of that kind of fall, I would like to ask you tycoons on how to look at the future market?

This is how bitcoin volatility behaves on which you would really see roller coaster movements since adoption (demand/supply) does really matter which makes the price moves. When theres an event or news on bitcoin ecosystem then its really mainly affected which we can able to see dips on a short period of time which normally happens but seeing later on it does recover and till continue to grow and we can able to see it already as we can compared it going back to the past.

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July 29, 2017, 06:08:14 AM
 #73

I think the future of Bitcoin will be just like what it is now, which is a roller coaster ride in which this week we are seeing a comeback from the last price fall of 1800$ right now it is around the 2700$ level which is a really big comeback for less than a month's time. But the way I see it is this roller coaster ride will get crazier and crazier with a lot of increasing highs and lows but I am expecting it in a more upward position.
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July 29, 2017, 08:05:25 AM
 #74

Bitcoin is like a rollercoaster and it is currently at the top, this should lead most people to conclude that a drop is due before it continues the upward trend overall. When it is swinging hundreds of dollars in a day, taking it as an investment is pretty much gambling like poker.

After almost a week of some retreat, it is now back at the $2,700 to $2,800 range which is actually a good position amid all the FUD regarding the possible split or fork. The market has already downplayed and discounted the possible fallout resulting in the coming August 1 scaling deadline. After August 1, we are all expecting Bitcoin to make a big leap maybe even beyond $3,000 level.
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July 29, 2017, 11:20:29 AM
 #75

Yeah defenitely its a roller coaster ride in terms of price speculations due to high percentage of price volatitility in each market bitcoins is in,it makes a sudden drop or sudden pump in price anytime
I completely agree with you on this issue, Bitcoin is like a roller coaster in terms of raising value or price. It is similar to the roller coaster Because Bitcoin is experiencing value in a uncertain way, in recent days, Bitcoin has gained huge value, which profit curve is raising in the up ward looks like roller coaster 😀

This comes with the price instability of Bitcoin. Checking out the price chart of Bitcoin over the years really replicates a roller coaster. What's good though is that despite the frequent fluctuations, it can be seen that price is rising over the years. The price has been going up and down more just recently as August 1 is fast approaching. Crypto users and traders should use this as an advantage, and just look forward to its continuous price increase.
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July 29, 2017, 11:54:12 AM
 #76

Yeah defenitely its a roller coaster ride in terms of price speculations due to high percentage of price volatitility in each market bitcoins is in,it makes a sudden drop or sudden pump in price anytime
I completely agree with you on this issue, Bitcoin is like a roller coaster in terms of raising value or price. It is similar to the roller coaster Because Bitcoin is experiencing value in a uncertain way, in recent days, Bitcoin has gained huge value, which profit curve is raising in the up ward looks like roller coaster 😀

This comes with the price instability of Bitcoin. Checking out the price chart of Bitcoin over the years really replicates a roller coaster. What's good though is that despite the frequent fluctuations, it can be seen that price is rising over the years. The price has been going up and down more just recently as August 1 is fast approaching. Crypto users and traders should use this as an advantage, and just look forward to its continuous price increase.

I think back bitcoin should have fluctuations like this so as not to instant skyrocket, spreading bitcoin evenly should be done gradually and I think what is a bitcoin roller coaster can still be accepted by the market. If prices continue to skyrocket this coin will be quickly destroyed because no one can afford it, it will undermine the nature of decentralization, the law of the state will also act in accordance with what we do not want.
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July 29, 2017, 12:50:35 PM
 #77

Yup it is. And it's good thing because a roller coaster when goes down faster then moves upwards slower so as to give you window of buying at right time. :-) bitcoin no matter what will always have force to come up and give you reasons to believe in it.


 
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July 29, 2017, 01:05:32 PM
 #78

Don't lost hope, things like this usually happen in the market
Eventually, btc market will soon rise.
I was kinda disappointed seeing the exchange price of the btc.
But things like this won't let me pull out my trading.
I will just wait.
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July 29, 2017, 01:21:13 PM
 #79

Just received reminder bitcoin dropped a lot, the price of the last week is very unstable, leading to other competing currencies continued to fall, there is no bottom line of that kind of fall, I would like to ask you tycoons on how to look at the future market?


Bitcoin has a huge impact on the entire market, so with the current fluctuations, bitcoin is causing the altcoin to go down rapidly. This is really bad for the crypto market.

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July 29, 2017, 01:33:27 PM
 #80

Yup it is. And it's good thing because a roller coaster when goes down faster then moves upwards slower so as to give you window of buying at right time. :-) bitcoin no matter what will always have force to come up and give you reasons to believe in it.


That is why we need to be active on some of the news, we miss one chance of buying some bitcoins, we miss the whole chance to buy it in good price. So the good thing is be active and spend more of our time to analyze the price chartse and possible reason that may affect the price.

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