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Author Topic: Would you rather see steady growth in Bitcoin or strong upward spikes instead?  (Read 712 times)
player514
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March 03, 2018, 08:43:18 PM
 #1

I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.

So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?

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March 03, 2018, 09:00:59 PM
 #2

I think that most people would prefer a steady growth, like the one that we're seeing now when the price slowly recovers after a correction. This won't continue though. Once the steady growth continues for a while people will start seeing that whoever bought a week or a month ago made money and they will start rushing in like a herd of sheep. You could see this situation happen in 2017 when it broke $1000 and started to gain momentum to finally end up with gains of $1000 per day.
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March 03, 2018, 09:14:00 PM
 #3

I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.

So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?

Steady growth would attract long-term investors, while volatility would attract the traders. It is tough to have steady (and high) growth in any asset class. If there was a low volatility asset, the expected growth rate would be equal to the risk free rate of return (which isn't much!). So steady (and reasonably high) growth while desirable might not be possible.


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March 03, 2018, 09:46:33 PM
 #4

So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?

if price increases is benefit because I can buy many things I want for my little project without me using many bitcoins, if the price increases little and becomes stable does not make me easy to trade, in fact it becomes very annoying because you stay days waiting for a big drop to buy and there is no such drop for you to buy and sell when you have a big increase, so if you have a big increase and a big fall is a good advantage as long as the person knows how to take advantage of that advantage. Then I choose " strong spikes upwards  "

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March 03, 2018, 10:00:01 PM
 #5

I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.

So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?

When I was more into trading, the wild fluctuations were good because it created more buying and selling opportunities.

Now I’m mostly just holding so I prefer a steady rise in price with little volatility. In reality, it really doesn’t matter for holders as long as the net result is a good gain. Still it’s less nerve racking to see steady growth.

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March 03, 2018, 10:44:18 PM
 #6

I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady stag the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.

So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?

The volatility and strong upward spikes will the traders as they will be able to make profit within hours but this has a disadvantage. As with previous instances we could relate to, we'll realize that after major spikes in the price of bitcoin, there is usually a downfall following in the price.

Steady growth on the other hand favors the long term investors. People who hold their bitcoins over a long period of time make profit this way.

However,  I still believe that steady growth is the best even for all bitcoiners.

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March 03, 2018, 10:45:28 PM
 #7

So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?

The impression I get is: spikes are mainly caused by positive news headlines, arbitrage trading equalizing high and low prices across exchanges or whales buying millions of dollars of bitcoin.

Steady growth might be moreso an indication of gradual price appreciation.

I don't have a preference between one or the other. The overall chart based momentum in an upward or downward direction may be a better indicator as well as the proportion of exchange trading defined by the ratio of buy orders versus sell orders.

As long as the price continues moving upward, it doesn't matter to me what form it takes. Beggars can't be choosers.

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March 04, 2018, 12:28:50 AM
 #8

yes steady growth, keep stable, make people confident to buy and invest in bitcoin. also good for their economic, as we know bitcoin and is second option to transaction around the world, no limit, no need more document and not waste your time.

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March 04, 2018, 12:35:06 AM
 #9

As the old saying goes "slow and steady wins the race" couldn't be more true here. We don't need to race to 100k but rather have a slow climb up to 100k and I believe we all want that. However, the volatility is what allows the sharks and whales to make more money so you can't have it both ways.

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March 04, 2018, 12:42:57 AM
 #10

Steady growth will be a lot better because this way the price will be more stable, more businesses will accept bitcoin as a payme method and more people are going to invest in it. I dont like the big volatility because you never know when the price is going to crash and how much is it going to drop. Yes, with a big volatility the price could skyrocket in just a few days and double so the profit would be huge but the same thing could happen when there is a crash. Personally I think it is better for the price to move slowly up and down with no more than 10% per day.

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March 04, 2018, 01:27:55 AM
 #11

I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.

So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?

For the holders of the massive amounts of the Bitcoin particles the steady growth is the goal for them, but for the most of the investors, the volatility and the falls are the opportunity to get on the "Bitcoin train". Falls are the best opportunity for the investors to buy more Bitcoin particles and to join the holder community of searchers for the higher price. Bitcoin will for sure rise up but the past event have shown us that the steady growth isn't possible with the Bitcoin right now and the truth is that many more falls will happen before the steady growth. The smart ones will seize that opportunity and "catch the train" while they still can!

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March 04, 2018, 01:39:32 AM
 #12

A new investor with lack in knowledge and appreciation on blockchain technology want a must faster price hike with a shallow support because they care only for profit, but the experience one or the believers in the technology wanted a steady growth and not focus in price, but the adaptation, acceptance and upgrading it for public consumption. We can even tell whom they are.

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March 04, 2018, 01:43:36 AM
 #13

In fact, since the beginning of bitcoin, it has been alive in controversy. It was not known to the public until last year, and it has also warmed the block chain to form the hottest vents.

Many investors are betting on the future of bitcoin.

But there are plenty of people who believe that bitcoin is a bubble that will burst sooner or later. There is no value at all. Especially with warren buffett.

Bitcoin, in its ongoing controversy, has been recognized by investors.

Whether bitcoin is stable or strong, it is good to be accepted by the public.
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March 04, 2018, 02:00:43 AM
 #14

I would like a steady growth because it would attract more people to invest into it since a strong upward movement means a strong downward movement like what happen in December up to February. We have seen an unbelievable upward movement of bitcoin that it makes me afraid how much it will go down. When the buyer exhaustion started, others would observe the slow growth then and started taking profits causing a volatility of $1,000 in just a minute creating a crash that's why I don't prefer the rapid movements.

If bitcoin has a steady growth, there would be a regular profit taking so price wouldn't be volatile like what is happening to bitcoin nowadays. It would be an advantage to people who would like to implement bitcoin as payment system because price wouldn't differ that much so in the future maybe more business would like to adopt it as well.


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March 04, 2018, 08:48:36 AM
 #15

I prefer steady growth, steady growth means there are real investors that put the money and really used it for transaction, not some whale try to manipulate the price, and steady growth will attract more people to invest, volatility is good, but too much movement can make people consider to put their money into bitcoin

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March 04, 2018, 08:52:33 AM
 #16

I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.

So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?
I would like steady growth rather than volatility and strong spikes, as steady growth indicates that bitcoin is developing and isn't manipulated by whales or by some group of elites anymore. Also, steady growth promotes confidence on investors and also the adoption rate increases at this time periods as btc shows resilience. I would not want a sudden upward trend since bitcoin tends to go down a lot after those spikes and in the end, it's health suffers.

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March 04, 2018, 09:16:55 AM
 #17

I would prefer a steady growth without much jolting so that people earn and get profit on a regular basis rather than the spikes wherein there is equal possibilities of downfall aswell.
When the graph will be steady, it would also comparatively reduce the risk of loss and downfall which is more likely in case of spikes and sudden rise which certainly at some point will lead to sudden dip aswell.

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March 04, 2018, 09:21:08 AM
 #18

Dark's pediction was correct reading some of the replies above most users wants to see that steady growth on Bitcoin the reason for this is because of what happened between last December to January. My opinion on what I want to see doesn't matter though because both scenarios can't be avoided whether we like it or not we just have to be prepared for what is coming in the future.


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March 04, 2018, 09:22:34 AM
 #19

I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.

So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?

Steady growth would be great but the way it is working right now seems to me very reasonable and I think steady growth would take all the fun out of it. So there is one strong reason for bitcoin to stay volatile and that is profit taking, lots of them when the bitcoin is fluctuating lot. If goes really steady then we may not be able to do the swing trades over BTC holdings. What we will have to do is wait for very long time to get our share of profits. That could take ages and thats why I like the volatility of bitcoin which at least gives us freedom to grab in between profits.

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March 04, 2018, 10:02:56 AM
 #20

strong upward spikes indicate that btc is a bubble to lure people into investing then a huge selling , but for a healthy chart you should see steady increase in price .

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