dharnamonitor
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★Bitvest.io★ Play Plinko or Invest!
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December 27, 2017, 02:19:20 AM |
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It could be yes and it could be no depending upon your approach. Some people find it hard to decide whether thay invest on a certain crypto or not because of volatility and some are taking it as an advantage to loot more profits.
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Aristus
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December 27, 2017, 02:27:32 AM |
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If experts are right, one of bitcoin's prevailing characteristics could also be its biggest problem – a fixed supply that helps to send prices yo-yoing. They say that cryptocurrencies with flexible supply would help to avoid scaring everyday users away.
Even in bitcoin's digital universe, the same basic economic rules apply, with price being determined by supply and demand. Bitcoin's algorithm makes the supply of bitcoins predictable, with a constant stream of bitcoins distributed via block rewards that halve at a preset rate. This leaves demand to fluctuate.
This is very precise explanation for what can be possibly called absolute truth about the biggest disadvantage of bitcoin in that matter.
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Finestream
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December 27, 2017, 02:49:24 AM |
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It's really a bad thing and it's not applicable for any stores because they have a strict implementation on using their funds so if they accept it then it's going to be changed because btc price is always moving up and down.
There are stores who are willing to accept but not in the form of bitcoin, there is a 3rd party that would help us like those debit cards that we can fund so we can spend our bitcoin and supported altcoins, everything is possible because there are people who are willing to take the risk just to make things possible.
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Lupus Solitarius
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December 27, 2017, 03:00:58 AM |
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Not at all! Actually, if you know how to manage it, it's the opportunity to make a lot of good trades (and a lot of money, of course...) without the need of a big capital. Just by scalping.
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Stac
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December 27, 2017, 03:05:11 AM |
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In terms of trading bitcoin volatility is a good thing as it helps short term and long term traders to earn profits from the bitcoin market, traders earn more than investors due to volatility nature of bitcoins. Volatility depends on the increased number of user's and the widespread on the news on bitcoins helps to shoot the bitcoin price where as a negative news on bitcoins will make investors to sell their bitcoins as they are less likely to take risk when they fear of losing its value they often sell their bitcoins which is the reason for the drop in the price of bitcoins.
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traderethereum
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December 27, 2017, 03:26:37 AM |
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It's really a bad thing and it's not applicable for any stores because they have a strict implementation on using their funds so if they accept it then it's going to be changed because btc price is always moving up and down.
I think if bitcoin wants to be used for payment, then soon we will see that there is any adjustment for the price so we don't have to get impact from the moving of the price and we could still pay with bitcoin without having trouble at all. but if there is no adjustment of the price and the price itself follow what is going on in the market then I think maybe we need some agreement with the store online so we could still use bitcoin as payment.
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senyorito123
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December 27, 2017, 03:50:02 AM |
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Steam dropped bitcoin support citing "high volatility" as a motive.
where did you see that? as far as i know Steam dropped support for bitcoin because the transaction fee was so huge, a normal transaction could cost $15 and that is bigger than most items on Steam Store ($9.99 items for example!). Are there good arguments or evidence which support the concept of high volatility being a negative circumstance?
high volatility is only good for traders. because they have so many moves to take advantage of and make profit from. other than that, volatility is no good. specially when you are talking about something that is supposed to be a currency, ie. bitcoin! It’s really very important to be careful about trading because price is always changing and if it will change in high range you will see how much profit you will earn, trading is quit risky and in trading one can lose money if you are experienced with it only then you can have profit but if you are not having good experience the price change can go to bitcoin investment instead of bitcoin trading. Volatility is part of this online crypto currency all of us here is expecting the changes of it's price because it is depends on the market demands,that's why if you join this crypto currency you need to educate first to have a good idea about this matter because it is depends on you how to handle the situation like this,because in tradings situation is very risky you need to be carefull and need a good experience about it to become a successful bitcoiners.
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ausbit
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December 29, 2017, 06:17:44 AM |
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The crypto currency market is completely speculative! and the volatility of bitcoin is not bad or good! and this is a given
Well, I believe that the volatile nature of bitcoin is highly useful and great for those who really want to be successful with this currency. The way bitcoin increases in value in pumps, it would not be possible for many people to get involved with bitcoin if it keeps increasing in value all the time. Dumps provide great opportunity to those who are making great profit or their livelihood by buy bitcoin cheap and selling it high.
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TeraBitHoven
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December 29, 2017, 07:01:55 AM |
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Maybe, it can cause lower profit, but it is the risk of cryptocurrencies. At the same risk, volatility can also cause bitcoin value to be very high. Traders are very much affected with this risk. Thats why bitcoin is always regulated to prevent sinking fund.
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EinaiOraCoinDev
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December 29, 2017, 07:17:01 AM |
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I think that the volatility is probably the most exciting thing about bitcoin, but yes, we all like the volatility when it is going up, not when the price is going down, lmao. But yes, the volatility might be a bad thing only in some moments
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ninadoge
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December 29, 2017, 07:20:34 PM |
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Maybe, it can cause lower profit, but it is the risk of cryptocurrencies. At the same risk, volatility can also cause bitcoin value to be very high. Traders are very much affected with this risk. Thats why bitcoin is always regulated to prevent sinking fund.
No i don't gree with you because volitality is the feature that makes Bitcoin has the insane price for now. Because most of the time the votalile always effect on the increasing thing of Bitcoin.
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furry04
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December 29, 2017, 07:33:07 PM |
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Volatility is not evil when it rises and when you have the money in it. Some people say it is evil because so many bubbles have experienced this high volatility so it has left a bad paradigm.
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Clifmeister
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December 29, 2017, 07:34:07 PM |
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It can be bad especially for new traders who just started out. Many will lose a huge chunk of money because of the volatility. On the other hand, it is good as volatility attracts a lot of traders.
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btcone111
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December 29, 2017, 08:08:04 PM |
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i think volaility is a good thing. it means btc is still at its infancy stage... volatility also means opportunity.
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staywoke081
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Santa Coin
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December 29, 2017, 08:16:22 PM |
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Nope volatility is exactly what these markets need and it is what allows for humans to be able to make bad decisions as well as good decisions. I see it as a good thing because I am looking at the ceiling but if you view it negatively then the floor is a lot lower as well. It is a bit of both in actual practice but it depends on which camp you are from because some view it as necessary where others view it as unnecessary.
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vinz7229
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December 29, 2017, 11:17:48 PM |
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Well volatility is one of the characteristic of bitcoin, you cannot say that it is a bad thing you can have a great from it, you just need to use its volatility to benefits a lot from it and have a really great profit, just always be careful to make the right decisions.
Yeah, Bitcoin volatility gives you negative and positive outcome, negative is, when you invest almost 80 percent of your wealth and Bitcoin price is falling down, you can't do anything for that, but the good things about Bitcoin volatility is, when started to fall up again, you will definitely gain huge amount. This is the good and bad thing about Bitcoin volatility.
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Magister Magus
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December 29, 2017, 11:19:17 PM |
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If you are a good trader, volatility is a blessing, as you can make a lot of gains. Of course, if you are a BAD trader... well, it's not a blessing... :-)
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Sendah
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December 30, 2017, 12:49:01 AM |
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If you are a good trader, volatility is a blessing, as you can make a lot of gains. Of course, if you are a BAD trader... well, it's not a blessing... :-)
Yes, i agree ' because you can buy and sell in different time, you just need a perfect timing to buy in a low price then wait until the coin pump then sell it.
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Cryptovirtuosity
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December 30, 2017, 01:15:17 AM |
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Not at all, if you know hot to profit. In forex, where usually volatility is low, there are some periods where you can't do any gain, it's boring nad you lose your time. With crypto, is a "fiesta", but - of course - it can be very dangerous.
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fabrizoc
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December 30, 2017, 05:50:53 AM |
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Volatility is very bad for slow transactions. After all, it's unpleasant when you make a payment, and the price has already changed for 3 times already. And because of this bitcoin is not recognized in the world.
Yeah volatility decreased the value of bitcoin and many people are not investing in bitcoin because the price is so volatile and they think that if they invested in bitcoin and the price falls they will lose all their investment in seconds, that’s why they avoid investing in bitcoin. Due to volatility dare and patience needed for investment in bitcoin. Everyone wants profit on their investment, nobody wants to lose his money.
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