BTC is a roller coaster

[jonaire99]

Maybe a rollercoaster in a downward direction as bitcoin price continue to go down nearing $5000. This downward movement of bitcoin price might be the result of government crackdowns, fear of regulations, and other FUD news. Bitcoin will eventually recover but no one know exactly when that recovery will start.

[@matthew17]

Bitcoin is like a rollercoaster you know why? Because of its rate , sometimes its rate goes up but sometimes it goes down . if its rate goes down everyone have a panic selling and also for some it is the time to buy bitcoin .But when its price goes up everyone is happy on it right ?

[yosemit]

When you look at its volatility, you suppose it is a roller coaster. But its volatility is just higher than other financial tools, so bitcoin works on other rules

[zmkriel]

Everything is unstable and cryptocurrency is not an exception. We all knew from the start that in this business there are pump and dump. So there is nothing unusual for the price drop as of the moment. Traders may be worried because no profits will be collected but long term investors nevermind on what is happening right now.

[Aztek]

Simply? bitcoin is not going anywhere. Rich people will always manipulate the market and try to make profit of it. long term holders will eventually be the ones who make the biggest profit, checking the price on a daily basis will only give doubts and encourage you to sell, Its better to hodl and forget about them for sometime.

Looking at the graph on how the value of bitcoin goes up and down, you probably can compare it to a roller coaster ride. But if you analyzed carefully the details behind that statistical graph, that is where you can get a decent profit, only if you will ride that roller coaster wisely. Almost all investments had their own ups and down, that is somewhat normal. In bitcoin, we experience a more active and faster movement. Just enjoy the ride guys.

[gabmen]

Simply? bitcoin is not going anywhere. Rich people will always manipulate the market and try to make profit of it. long term holders will eventually be the ones who make the biggest profit, checking the price on a daily basis will only give doubts and encourage you to sell, Its better to hodl and forget about them for sometime.

Looking at the graph on how the value of bitcoin goes up and down, you probably can compare it to a roller coaster ride. But if you analyzed carefully the details behind that statistical graph, that is where you can get a decent profit, only if you will ride that roller coaster wisely. Almost all investments had their own ups and down, that is somewhat normal. In bitcoin, we experience a more active and faster movement. Just enjoy the ride guys.

I agree. Its obvious that whales have a way to manipulate the market simply by the volume of btcs they have. What we can do is to ride the waves these whales make. This is where the weak hands are seperated from the steady ones. Steady traders ride the waves, weaklings drown in it.

[Wintersoldier]

Price of Bitcoin can really moves just like this movement of Rollercoaster which is literally ups and down dpeending on the current status or movement of the stock of Bitcoin on the market. It is much better to have a better form of unvedt with the used of trading that could help people to have an opportunity to earn and to gain profit.

[luckybegum3907]

Unlike gold, whose price is controlled by world gold council, bitcoin price fluctuates as per increase and decrease in demand for bitcoin.Bitcoin is definitely like a roller coaster. Also, since last few months bitcoins prices went up quite a lot and now it is a time to correct and stabilize the prices. You can't expect prices to go only one direction always. However, if you are into bitcoin for the long haul then it could not be gambling but the pure investment. Maybe the gambling factor here is the risk but everything involves risk especially investing. Seems that just a few hours ago, especially it when reaches all-time high the price moves in a roller coaster, That's why before starting to invest on bitcoin we should consider and expect this kind of fluctuations, it's up to you if you want to risk your money.

[FUD Expert]

Agree but we are more on the downside of the roller coaster and we are all hoping that it's already the bottom and we are waiting for the upside movement and passed that old $20k all time high  .

[Tigerw]

Agree but we are more on the downside of the roller coaster and we are all hoping that it's already the bottom and we are waiting for the upside movement and passed that old $20k all time high  .

My opinion is, but that bitcoin will still return to its maximum rate. But I wonder if the etherium will rise after bitcoin or not.

[pluMmet]

Yes indeed bitcoin like a roller coaster that always up and down quickly and everyone also know it, but even so bitcoin very potential to in make as investment because of the year to year value her better and if invested would be very favorable.
But the risk of bitcoin too big enough if it turns out the value of bitcoin kept down without having repair value, then we should be ready with the risk of it

[cryptojac17]

Unlike gold, whose price is controlled by world gold council, bitcoin price fluctuates as per increase and decrease in demand for bitcoin.Bitcoin is definitely like a roller coaster. Also, since last few months bitcoins prices went up quite a lot and now it is a time to correct and stabilize the prices. You can't expect prices to go only one direction always. However, if you are into bitcoin for the long haul then it could not be gambling but the pure investment. Maybe the gambling factor here is the risk but everything involves risk especially investing. Seems that just a few hours ago, especially it when reaches all-time high the price moves in a roller coaster, That's why before starting to invest on bitcoin we should consider and expect this kind of fluctuations, it's up to you if you want .

Quote

Yeah you are right because movement is purely follow the law supply and demand we should expect a roller coaster movement of its price. Because there is no third party interventions it was design decentralized therefore no body controls the price. Although we are always in the  down side in the ride but if we think it positively down side would be an opportunity to buy and you will dump in a short time is still profitable. Yeah some times investing bitcoin is gambling but totally because still there is decision making involved.

[Spades77]

I definitely agree to this, Bitcoin is one hell of of a roller coaster ride of emotions, that is why if you buy it, hold and don't monitor it daily for the ups and downs of the price will give you thrills and fear, just hold on your seat and enjoy the ride cause int hte end, am sure your investment will be worth it.

[andeluna]

We can compare BTC as a Roller coaster because the price of BTC is decentralized. Meaning, it has no stable value and it goes up and down. Just like the roller coaster, sometimes it goes up and sometimes it goes down.

[Mystika]

yeah I can really compare the value of bitcoin to roller coaster because like roller coaster sometimes its going up and down, as the value of bitcoin is not stable sometimes high and sometimes low.

[kuruyama]

Yeah! It is more like a roller coaster, goes up and goes down, its fun when you goes up. just like in bitcoin, started when its low, then when it goes up its really fun for us! But when it goes down, just like in roller coaster we scream to death cause we are losing our money so yeah bitcoin is like a roller coaster, whether it goes high or low, just enjoy the ride, cause you'll always end up smiling after it. You just have to take risk.

[Noelbetty12]

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?

It's hard to really predict the market and indeed as you have describe it is a roller coaster. Why? Because the demand and supply varies. The more supply the lesser will be the value and the lesser the supply with the demands being high the higher the value. This goes on unpredictably most of the time.

[jesh2206]

Bitcoin has had a year of many ups and downs. It has made impressive progress in some areas while in others it has faced stubborn roadblocks. Technological problems, infrastructural handicaps, and regulatory issues are some of the key difficulties lurking underneath the cryptocurrency’s alluring prices. Here’s a rundown of the key highs and lows that shaped its journey in 2017:

[heraldlazaro25]

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?

Yes, bitcoin is like a roller coaster. It can go experience ups and downs. Not all the time, bitcoin will continuously increase its price. Sometimes, it experiences a crash or a downfall to its price. So do not panic if the price of bitcoin is going down. It will go back to its track in the future.

[rerek007]

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?

Yes btc is like a roller  coaster it's ups and down nothing is permanent  sometimes fail sometimes up it's a part of bitcoin  world