babala
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March 24, 2018, 04:04:14 PM |
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We can not assume tha it will be forever pump and dump because as time pass by, many people will be accepting it as payment, therefore in the future,it will become stable compare to current situation now. Just wait to happen.
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avia
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March 24, 2018, 04:04:55 PM |
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Bitcoin value may have been too crazy than before and it has been running around a certain range in value, but bitcoin being a pump and dump is a lot crazier. Despite bitcoin’s current struggle, i still believe that it will soon recover and will start to rise and eventually, overcome its highest value last year.
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WatchMaker
Full Member
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Activity: 518
Merit: 104
PUFFY FINANCE
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March 24, 2018, 11:44:28 PM |
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All of us noticed the pump and dump scenario in Bitcoin and all other coins, is it going to be forever like this? Isn't there going to be a stage wherein the price will be stable? Cause it seems like riding and leaving a virtual money vehicle. Any thoughts will be highly appreciated.
It is called the market fluctuations not pump and dump, my friend. In every market, whether stock or bonds there is a time when the market is going up and over time the market will drop again. it is absolutely normal for the market to go up and down. You need to learn to ride with the tides.
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rickyNmorty
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Investor
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March 25, 2018, 12:21:24 AM |
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I don't think so. Bitcoin is still young in the investment world and the market and that's why it still experiences price fkuctuations and huge price declines as it is today. But give bitcoin time to mature and let's continue to put our unwaivering support to tge technology and you'll see that it would stabilize on its own. The inly reason it is still a pump and dump product because of inactive bitcoin users.
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heureca
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March 25, 2018, 01:13:30 AM |
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All of us noticed the pump and dump scenario in Bitcoin and all other coins, is it going to be forever like this? Isn't there going to be a stage wherein the price will be stable? Cause it seems like riding and leaving a virtual money vehicle. Any thoughts will be highly appreciated.
Yeah, current criptocurrency market has a lot of speculations. So big investors (whales) try to earn as much as they can with dumps/pumps before market stabilization. However, I noticed that at present it is much less altcoin pumps comparing with last year
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cahbagus555
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March 25, 2018, 01:26:47 AM |
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All of us noticed the pump and dump scenario in Bitcoin and all other coins, is it going to be forever like this? Isn't there going to be a stage wherein the price will be stable? Cause it seems like riding and leaving a virtual money vehicle. Any thoughts will be highly appreciated.
I think if bitcoin like pump and dump, bitcoin price can not reach $20k. Price of bitcoin always volatile and its naturall. Many negatives news that bring bitcoin price down and not because pump and dump scenario
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leonair
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March 25, 2018, 01:26:57 AM |
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All of us noticed the pump and dump scenario in Bitcoin and all other coins, is it going to be forever like this? Isn't there going to be a stage wherein the price will be stable? Cause it seems like riding and leaving a virtual money vehicle. Any thoughts will be highly appreciated.
Only you noticed this 'pump and dump scenario in Bitcoin' and you just made an assumption that most of the people here noticed it too, guess what, people are riding you. Try to look again the price of Bitcoin exactly 1 year ago and decide it for yourself if it's true a 'pump and dump scenario', people like you always want to make a profit out of Bitcoin and when the time the price of it goes down you panic and will instantly say Dump, fall of BTC, scam coin, etc. Bitcoin's price may be stable for 1 month but not for a 1 year round and I am sure with that.
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Yankae
Jr. Member
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March 25, 2018, 01:35:46 AM |
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All of us noticed the pump and dump scenario in Bitcoin and all other coins, is it going to be forever like this? Isn't there going to be a stage wherein the price will be stable? Cause it seems like riding and leaving a virtual money vehicle. Any thoughts will be highly appreciated.
I think bitcoins situation expectedly inevitable scenario that will always occur to it.Bitcoin is an economical asset that based on the demand and supply in the market.Its flactuating price is not a surprise as it is,due to its decentralized nature.To have a stable price is something that we would not know.Everyone might think of negatives about its volatility because of theyre losses but we should accept the fact that bitcoin price will be it either high or low.
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ghost07
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March 25, 2018, 01:53:05 AM |
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i think bitcoin will flactuate forever because it is a currency and the supply is increasing nor decreasing. the law of demand and supply is applied thats why the price is flactuating.
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entrepmind23
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March 25, 2018, 02:12:20 AM |
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All of us noticed the pump and dump scenario in Bitcoin and all other coins, is it going to be forever like this? Isn't there going to be a stage wherein the price will be stable? Cause it seems like riding and leaving a virtual money vehicle. Any thoughts will be highly appreciated.
As long as it would be considered as asset then the pump and dump will continue but if more people will use it as a currency then there would be less volatility. If we view it in terms of fiat money then its value will be fluctuating but if we do not view it in terms of fiat value then it would be stable like the USD,EUR and other fiat currencies. If mass adoption will continue then eventually we would see values of goods and services price in satoshis not in USD anymore and there would be no pump and dump.
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Ale88
Legendary
Online
Activity: 2436
Merit: 2651
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March 25, 2018, 02:36:19 AM |
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All of us noticed the pump and dump scenario in Bitcoin and all other coins, is it going to be forever like this? Isn't there going to be a stage wherein the price will be stable? Cause it seems like riding and leaving a virtual money vehicle. Any thoughts will be highly appreciated.
Since there are whales probably these pumps and dumps will never end, and every time will get worse and worse with the BTC value growing. The only way would be to have a better distribution among all the BTC users, trying to eliminate the whales that can actually provoke these pumps and dumps, but I don't know if that will ever happen.
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alexmuro
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March 25, 2018, 02:50:49 AM |
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Every pump there is gonna be a dump and every dump there's gonna be a pump. This is how digital currency works, they don't have a stable price. It is very volatile you should know it and you have to prepare that this scenario will always gonna happen.
Yes, I agree with you mate. That is very normal in bitcoin due to its volatility aspect. The value or price of bitcoin always depends on the supply and demand which are also not stable. If you want to invest in bitcoin , it is more preferrable to HODL or use longterm investment concept to gain big profits.
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erickkyut
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March 25, 2018, 02:57:47 AM |
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All of us noticed the pump and dump scenario in Bitcoin and all other coins, is it going to be forever like this? Isn't there going to be a stage wherein the price will be stable? Cause it seems like riding and leaving a virtual money vehicle. Any thoughts will be highly appreciated.
Of course not. There are just some issues that needs to finish first such as the issue with the SEC. That is the main reason for the volatility of coins nowadays. Investors are waiting for the results of G20. So far, it is doing good which resulted for the recent pump of coins in the market. If this will continue, we might see a bullish pattern again.
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Cryptohad
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March 25, 2018, 03:21:18 AM |
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All of us noticed the pump and dump scenario in Bitcoin and all other coins, is it going to be forever like this? Isn't there going to be a stage wherein the price will be stable? Cause it seems like riding and leaving a virtual money vehicle. Any thoughts will be highly appreciated.
I think bitcoin will not forever pump and dump, but there is a time when bitcoin is stable. but in general bitcoin will experience fluctuations. even bitcoin fluctuations faster than fiat currency fluctuations. I think people who leave bitcoin are pessimists with bitcoin. they are not sure if bitcoin will rise again. and I think this is a virus.
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HashFace
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March 25, 2018, 03:28:58 AM |
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I’m not sure the price action we see in bitcoin is the result of a pump and dump. Pump and Dumps are normally done on small caps where a small amount of action can control the martlet. Bitcoin trades in high volume, and has the largest market cap. A pump and dumper could get way more action for their money elsewhere.
What we are seeing likely is just volitity, based on the way bitcoin has huge reactions to news stories.
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Baimovic
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March 25, 2018, 03:39:14 AM |
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All of us noticed the pump and dump scenario in Bitcoin and all other coins, is it going to be forever like this? Isn't there going to be a stage wherein the price will be stable? Cause it seems like riding and leaving a virtual money vehicle. Any thoughts will be highly appreciated.
I think all currencies will experience pump and dump, but bitcoin has different fluctuations, fast and uncontrollable when correction, like today. then some people who hesitate choose to leave the crypto world and invest for real world. so now we're waiting for the stable bitcoin back. everyone is waiting for June to be able to harvest again.
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Caesar-Giulius
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Buy, sell and store real cryptocurrencies
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March 25, 2018, 03:46:10 AM |
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Bitcoin price is volatile since we are in an unregulated market. The market react whenever there are good and bad news. But this is not pump and dump.
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Dansamiv
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March 25, 2018, 05:13:37 AM |
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Bitcoin price is volatile since we are in an unregulated market. The market react whenever there are good and bad news. But this is not pump and dump.
I agree. Any influence or information has a positive or negative impact on the value of the coins in the market. FUDs are created by user psychology or investment. The news about bitcoin is always sensitive and exaggerated. to return the suspicion of pumping and pouring. It is a nightmare if not seen soon.
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alihasangoto
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March 25, 2018, 05:45:15 AM |
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Actually the term pump and dumb is not suitable. we can say it up and down which is very common with the digital currency.
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akmittal
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March 25, 2018, 05:51:14 AM |
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There is no basic price of Bitcoin. Its price depends on the buyer and seller. So pump and dump will continue forever. we have to invest only surplus money and wait to pump also exit at proper profit.
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