Should bitcoin have risen a little slowly?

[Reid]

Yes.
I think I have said this for a number of times while it was increasing so fast.
I would rather pick the slow but steady move and not rhe fast one.
It was a scary ride and the conclusion is this, we can all see it now.
There may have been those who profited from it but I think there is still a bigger percentage of people who hodls.

[laowang666]

Yes, I agree with you.
Bitcoin has gone up too fast.
I think it's very scary.
I thought that this rapid growth would make bitcoin unstable.
So the price of bitcoin went through a slump.

[btccashacc]

I think if bitcoin rose quite steadily and slowly people wouldn't look at the best cryptocurrency with an "evil eye". Going forward, do you think a slow steady rise, rather than a speedy erratic rise is good for bitcoin to get "accepted" all over the world? The sudden rise seems to scare people and  governments.

as a currency, a small increase or decrease is a good thing, but bitcoin is very volatile that's why many countries forbid using bitcoin as a currency, and this is very scary. On the other hand, a very fast rise makes many people excited to invest in bitcoin as we can see a lot of people are starting to recognize bitcoin because of its price. I personally prefer slowly but sure, bitcoin is the best place to store assets if it's not too volatile.

[NelfiNovita]

yes this is what everyone wants, the bitcoin price keeps increasing. but there are times when the price is low at any time and that is only temporary.

[metalglowd]

of course, sometimes it takes time to achieve a very high price as when ATH some time ago. bitcoin is slowly rise but it sure, because bitcoin is just for long-term asset. its price keep going up and up.
when its red like now, i think its just for temporary

[Bitcionsky69]

It's okay for me to recover the bitcoin in slowly but still faster than fast recovery but fast crashing again. It is difficult to calculate what the price is going today that we know if it is possible to change the price, maybe we will do to always update the price so we can be sure of what's going to happen.

[maarx]

I think if bitcoin rose quite steadily and slowly people wouldn't look at the best cryptocurrency with an "evil eye". Going forward, do you think a slow steady rise, rather than a speedy erratic rise is good for bitcoin to get "accepted" all over the world? The sudden rise seems to scare people and  governments.

Just understand Investors do not focus only on Bitcoin.  T
Every investor's motivation is to turn over profits as much as they can. Usually  regular investors do not stick with one coin.  If not bitcoin, move on to other coins with decent growth.  This is nature of traders / investors.

Especially now crypto is familiar to this society. Many are do aware of different altcoins and their growth. Every coin including bitcoin value is resuming back to normal.

[gabmen]

I think if bitcoin rose quite steadily and slowly people wouldn't look at the best cryptocurrency with an "evil eye". Going forward, do you think a slow steady rise, rather than a speedy erratic rise is good for bitcoin to get "accepted" all over the world? The sudden rise seems to scare people and  governments.

I kind of felt the same way here. It was beyond my expectations that bitcoin reached 20k last december but what was more surprising was the pace it took to get there. Many aren't expecting that as well. I personally would've preferred that btc took a much slower pace but we're recovering

[Nakaba]

I think if bitcoin rose quite steadily and slowly people wouldn't look at the best cryptocurrency with an "evil eye". Going forward, do you think a slow steady rise, rather than a speedy erratic rise is good for bitcoin to get "accepted" all over the world? The sudden rise seems to scare people and  governments.

Yes, it is better for bitcoin to slowly rise than erratic rise because there is a saying " the higher you rise, the higher you fall. The real growth or organic grow should be slow and not erratic. This will also minimize losses specially for the beginners.

[teejaymuna]

Yes the sudden price boost of BTC scared a lot of people. But right now I think most people are so happy out of jealousy that the BTC price is down again. However j still want to point out that even with the drop in BTC price, it is still failing better than most stock. We can all expect BTC price to go astronomical sometime this year.

[JohnHero]

It needs more time. Bitcoin is just pulling together after the big rise it had in the recent weeks. Give it more time and it will be right on track.

[joebrook]

It needs more time. Bitcoin is just pulling together after the big rise it had in the recent weeks. Give it more time and it will be right on track.

I can see that it is currently trading around $11K and to me that sounds like very good news and a hope that it is going to go up steadily as time progresses. Patient at this juncture is very crucial.

[phr0stbyt3]

It has become impossible to predict the market i see around all the expert traders showing different charts , reverse candle or other information on how high the price will rise but finally it never really happens , people are paying so much for signal groups with vip signals all these never helps. Im happy with the rising speed it becomes high but falls down to give more opportunities

[jeffer8035]

On the contrary, if it rises, it will be more quickly adopted and it will expand through the world more efficiently clear the upsurge, which will attract the attention of many more people as it becomes world news in all networks

[zzxswqq]

It might have helped a little bit. One of the major problems of Bitcoin as a currency is its volatility. Huge spikes mean huge corrections. If its growth had been smoothed out, it should follow that there will be fewer and less extreme corrections. Explosive price rallies also tend to worry people because they've been conditioned to think that if something is too good to be true, it probably is.

Still, at some point, a slow and steady rise is also going to be getting bubble comparisons. Bitcoin would still be speculative, and it still wouldn't be backed by anything. In the grand scheme of things, I don't think it would have made much of a difference -- just that everything we've experienced thus far would be stretched across a longer period of time.

Yeah the people who didn’t invest due to volatility also see the massive instant surge as a bad sign and a bubble

[mkettler]

If there was slow rise in Bitcoins, it would not have been this much popular for sure. Who would then talk about it ?

Well not a slow rise, we needed a steady and stable rise and not what happened where we saw a $10000 rise in like what? Two days?

[cryptotaste]

Price fluctuations in the Bitcoin spot rate on the Bitcoin exchanges is driven by many factors.  Volatility is measured in traditional markets by the Volatility Index, also known as the CBOE Volatility Index (VIX).  Volatility in Bitcoin does not yet have a generally accepted index since cryptocurrency as an asset class is still in its nascent stages, but we do know that Bitcoin is capable of volatility in the form of 10x changes in price versus the U.S. dollar, in a relatively short period of time.So It has risen little slow ,its not like that but Price fluctuations affects somehow.

[Noesly]

Yes in my update bitcoin have risen a little slowly,a little slowly but it move a low again, like rollercoaster, I hope it will be make rise.

[Irvinn]

Yes, if bitcoin ceased to grow so dramatically in its value, it would be very useful for both bitcoin itself and for crypto currency in general. Ideally, the price of bitcoin should reflect its intrinsic value, and not consist almost exclusively of speculative speculative demand for it. Now there has already been a tendency for some states to watch out for him because bitcoin appeared as a financial bubble last December.

[guxu219]

I think if bitcoin rose quite steadily and slowly people wouldn't look at the best cryptocurrency with an "evil eye". Going forward, do you think a slow steady rise, rather than a speedy erratic rise is good for bitcoin to get "accepted" all over the world? The sudden rise seems to scare people and  governments.

Bitcoin price can rise because of the demand specially when people are not selling their bitcoin. I think the recent rise of bitcoin are the positive news that spread by the last quarter of 2017 which many people are expecting a big profit because of it being a trend. Since then, because of being so famous, governments of every countries take action to control it that's why people are carefully thinking if in the future that bitcoin will be worth it to invest.

Basic economics, demand was high af, supply was still low since people were busy hodling their wares. BTC prices rose