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Author Topic: Is Bitcoin going to be forever pump and dump?  (Read 880 times)
mlgblockchain
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April 20, 2018, 07:40:50 PM
 #161

I believe Bitcoin will become more and more stable as the users starts to use it as a currency and not just a way of investment. If people can take it as money or currency and come out from the idea of " HODL, no matter what". I guess this will help Bitcoin a lot to become stable.
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brickafterbrickwalldpt
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April 20, 2018, 07:47:43 PM
 #162

These kind of pumps and dumps will become lower and lower in the future because of growing adoption which should force Bitcoin to become more stable since many might actually used it as their main currency used everyday. However, by the time it happens we will see many increases and decreases in Bitcoin price which will be a good time to try short trading which is risky but really profitable if you have quite a lot bitcoins which you could risk. Don't expect Bitcoin to be your main source of income for the whole life if you won't invest a lot of money in it ,right now.

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April 21, 2018, 06:19:35 AM
 #163

what you mean is about rising and falling bitcoin prices. Price fluctuations are very common in bitcoin trading or even in other trading markets, there is nothing stable in trading because that's where the market works. Buying and selling are major factors of the trading market.
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April 21, 2018, 06:23:57 AM
 #164

for now bitcoin is limited to speculative digital assets. so very reasonable, if the bitcoin market is influenced by pump and dump by the whales. indeed bitcoin actually has other functions as a means of payment, but its use is still limited and hampered regulations in every country. I still believe and hope, in the future bitcoin does have value in society.
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April 21, 2018, 06:31:04 AM
 #165

As for Bitcoins, we have limited supply and miners are the one mining up the coins to be in the circulation but not more than 21 million can be mined. So the next factor that would affect the volatility of bitcoins is the adaption worldwide. For example, if there are only a hundred people who has bitcoins equally and one sold everything he have then prices would be 10% down. The fact that bitcoins are distributed worldwide, it will be harder to manipulate the prices. So if bitcoins become mainstream, volatility might not be that brutal in dumps and ups.
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April 21, 2018, 06:31:53 AM
Merited by seek4dream (40)
 #166

Bitcoin is still at its early stage and its market cap is only 100 billion.
It is perfectly easy for whales to pump and dump.
As a small fish, I don't care about he fluctuations.
Holding is all I need to do.
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April 21, 2018, 06:48:49 AM
 #167

Once the market caps are large enough, it will be much harder to manipulate.
automaticmoney
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April 21, 2018, 06:55:40 AM
 #168

unlike any market bitcoin too follow pump and dump as part of trading scenario so we can expect bitcoin too forever pump and dump
Jaya912
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April 21, 2018, 06:58:52 AM
 #169

It will continue to pump and dump due to the number of whales in the market and newbies that don't know how to hodl Grin If people woulc simply stay calm then we would have a stable rise like gold. However, people go mad during the bull runs and then run for the hills when it dumps, hence the volatility in the market

As of now the bitcoin price is rarely dumping but its is normal situations. Because bitcoin is a digital money currencies which implies all over the world. The price of bitcoin is not stable. its  unpredictable sometimes dumping and sometimes pumping. So their is a rollback of the price of the bitcoin. So if we are invest our money her in bitcoin theirs nothing to worried about the price volatility.
Pump and dump is normal in bitcoin price and it will be forever like that if bitcoin not controlled by any government. As people wish, bitcoin is better become independent where people can not control it and of course the consequence is the price would be always volatile.
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April 21, 2018, 04:31:05 PM
 #170

Price volatility is one of the crucial issues when it comes to using it as a payment system. However, we must understand that we are in the early phase of development and I believe that cryptocurrencies are here to stay and hence there is a huge scope for growth.

However, at this point, we don't even have 10% of the world's population using Bitcoin and on the other hand, the supply is going to be limited, so naturally price will follow the law of demand and supply. Thus, I am not expecting stability at least in next 10 years from now.
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April 21, 2018, 05:03:56 PM
 #171

Price volatility is one of the crucial issues when it comes to using it as a payment system. However, we must understand that we are in the early phase of development and I believe that cryptocurrencies are here to stay and hence there is a huge scope for growth.

However, at this point, we don't even have 10% of the world's population using Bitcoin and on the other hand, the supply is going to be limited, so naturally price will follow the law of demand and supply. Thus, I am not expecting stability at least in next 10 years from now.

bitcoin price is depending on the demand of investors. Pump and dump is actually a common and forever behavior of crypto and we can't predict when it rise and fall since transaction for this is through online.
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April 21, 2018, 05:21:23 PM
 #172

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.

yes you are right the bitcoin price movements can only go up, down and move right, can not move to another, so as a trader should be able to take advantage of such price movement conditions, when the price drops then buy, whereas when the price goes up then it is the right time to sell or to profit.

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April 21, 2018, 05:26:48 PM
 #173

Bitcoin will always experience the pump and dump as long as there are miners and investors coming in and out. I can say the Bitcoin price now is stable but we cannot tell for how long. To be sure hold your bitcoin long term.



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Tagabukid69
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April 21, 2018, 05:31:19 PM
 #174

This is the common scenario taken place by bitcoin, Bitcoin is the most popular among all cryptocurrency  and trading is one of the practices of investors to gain income. I think most of us already adapt the mode of earning profit so therefore this is going to be forever.

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April 21, 2018, 05:33:08 PM
 #175

I think so. No sustainability in upcoming future. Just be patient and buy with low price Cheesy
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April 21, 2018, 05:37:14 PM
 #176

Yes, i think bitcoin is going to be like that forever because it is very profitable for those who do this and people can't do much about it alone. If everyone will stick together and sell/buy at the same time things can change but that's not going to happen.
Many say that in the future when bitcoin price is going to increase to higher values whales wouldn't be able to do pumps and dumps but I wouldn't be that sure about it. Those who do pumps have millions, maybe billions of dollars available for investments and they can use all of them for bitcoin since they know that are in control of everything. If a single group of people don't have enough they are going to contact others and make a pump anyway.

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April 21, 2018, 05:37:55 PM
 #177

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.
Bitcoin will always be exposed to high volatility because it is decentralized, that is, it is not managed by any central authority and is not provided with anything, and its price is formed by the ratio of supply and demand, which are always not constant. Proceeding from the absence of any mechanism that supports its stability, one should also expect that at large price values ​​of bitcoin, the amplitude of its price fluctuations will only increase. Then it will be a real roller coaster and there will not be a place for nervous ones. They will sell their bitcoins themselves and run away from it, seeing how its price falls by thousands, and maybe tens of thousands of dollars a day. By the way, such nervous people can also ruin bitcoin, provoking such actions panic, which may well lead to its depreciation.

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April 21, 2018, 05:43:22 PM
 #178

Probably yes. Bitcoin value is unstable the more investor coming in and out, the more miners, and other factor than will affect the price. Bitcoin is so profitable among all crypto.
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April 21, 2018, 05:44:34 PM
 #179

the name of the trade there must be a target, at the pump until a certain price and if it is till the point
it will likely be dumped to a certain point to buy it back
if the price in the pump continues there will be concern to buy back when it is selling
so it's better stable
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April 21, 2018, 05:52:56 PM
 #180

Nuh, I'm definitely sure that bitcoin and other future main coins will be stable for reasons. And the main one will be regulation. Unfortunately, it will happen one day. Until it happen we see these jumps several time per a year.

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