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Author Topic: Should bitcoin rise and fall?  (Read 426 times)
shoujiuhaituo7
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April 17, 2018, 02:11:42 AM
 #1

A lot of people compared to the market value of the dollar, so even if they came out, one bitcoin was worth $20,000, $100,000. Many people think that a good currency should not be a big flop. A widely used currency should not rise and fall. The problem, however, is that bitcoin is not mature at this stage. Conversely, assuming that the current price does not rise and fall, how many people will rush into the exchanges?
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April 17, 2018, 02:15:43 AM
 #2

It is true that money should be used in day-to-day needs to be stable, and I think that bitcoin is great for savings or investments.
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April 17, 2018, 02:25:49 AM
 #3

The nature of the currency cryptocurrencies is indeed up and down, and by that nature we can take all opportunities between rising and declining prices.
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April 17, 2018, 02:32:08 AM
 #4

I think bitcoin is a digital uand eye that can be converted into other currencies and bitcoin is also a currency exchange system so if the bitcoin currency up and down it depends on the market and the bitcoin user.
Thank you
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April 17, 2018, 02:33:58 AM
 #5

I belive it will rise more and more because of these reasons:
•Bitcoin was the first crypto currency .

•Bitcoin network now involves more computing power than all the super computers of the world. Probably millions of GPUs.

•Thousands or miners and developers are mining across the globe.

•Bitcoin has undergone more than 10 major bubbles since inceptions and getting more stable.

•Bitcoin holds 50%+ market capitalization of all crypto currencies.

•Bitcoin is being adopted very fast as main stream and people believe in 5 years it shall become mainstream.

•It is believed that Crypto currencies will hold 10-15% of All World Money. If this happens price of best survived crypto currency will be in excess of $ 250000 per unit.

•If you had invested $100 in Bitcoin in 2010, you’d be worth $141 million or Rs. 1000 crores today.

•Bitcoin can move up or down by ~ 20% of its current value in a 4 hour trading cycle

•69% of all banks in the world are experimenting with permissioned blockchains.

•Bitcoin value has multiplied 879,999 times from 2010 to 2017.

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April 17, 2018, 02:47:52 AM
 #6

I do not agree with their assumptions, do they know that bitcoin ever died hundreds of times? but until today bitcoin still has good value. already 9 years bitcoin defend many FUD and every problem. and even bitcoin ever rise for $ 20,000. so I think bitcoin is mature for today.

they just do not know and doubt about bitcoin long travel. so there will be little people who will rush to exchange.

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April 17, 2018, 03:41:45 AM
 #7

A lot of people compared to the market value of the dollar, so even if they came out, one bitcoin was worth $20,000, $100,000. Many people think that a good currency should not be a big flop. A widely used currency should not rise and fall. The problem, however, is that bitcoin is not mature at this stage. Conversely, assuming that the current price does not rise and fall, how many people will rush into the exchanges?

I think the price of bitcoin will raise in two days.Because the price of bitcoin is just reduced now.I had seen this,whenever the price of bitcoin is reduced .The price of bitcoin is raise gain.The price of bitcoin had raised 20,000$ last year,so same will expect in this year.And even the price of bitcoin raised more than this value.Don't sell at low value.
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April 17, 2018, 04:08:09 AM
 #8

Conversely, assuming that the current price does not rise and fall, how many people will rush into the exchanges?

it is impossible for price of anything in the world not to rise and fall. take fiat currencies for example, the rise and falls is the only reason Forex market exists!
the size of the fluctuations are different because bitcoin is very young still an also because of the way exchanges are! they do not have packed order books since traders don't want to leave their funds on risky exchanges (keep open orders like any other market) which makes everything more volatile. but this will change in time.

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April 17, 2018, 04:33:00 AM
 #9

Buddy .just keep one thing in mind.It is a crypto currency,so the price raise and will be very common.Many experience trader will hold their coins at the fluctuation of price.If the price raise sell your bitcoin and buy when the price of bitcoin is reduced.This is the principal of trading.

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April 17, 2018, 04:47:04 AM
 #10

It is true that money should be used in day-to-day needs to be stable, and I think that bitcoin is great for savings or investments.

Fiat money is not stable, the value changes everyday, so I think the pumps and dumps is very normal in every market. Its just so happen that the volatility here in cryptoworld is very high. It is necessary for one currency to fluctuate in order for use to have an opportunity to have it just like with bitcoin.

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April 17, 2018, 05:04:02 AM
 #11

Buddy .just keep one thing in mind.It is a crypto currency,so the price raise and will be very common.Many experience trader will hold their coins at the fluctuation of price.If the price raise sell your bitcoin and buy when the price of bitcoin is reduced.This is the principal of trading.
From the first time when bitcoin has become well known in the market it was rise and fall. People comes to use to buy and sell bitcoin so the years pass the demand increase also. Their is always rising and fall this means bitcon is very active in the market and it is impossible to happen if bitcoin shouldnt have its ups and down.

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April 17, 2018, 05:18:23 AM
 #12

Many people who are new to bitcoin may make unstable prices rise and fall at any time because of the increasing demand, sometimes in minutes it can go down but to ride back it takes time, indirectly but little by little .
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April 17, 2018, 05:42:54 AM
 #13

all users, traders and investors know, that the value of the price of coins that have entered cryptocurrency will surely rise and fall, why? because, from the first value is designed to fluctuate, in order to facilitate the transaction and the other. this ups and downs value could be a benefit to come by many advantages. but, it all depends how the traders and investors run it. so far I am happy to see prices up and down like this.
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April 17, 2018, 06:11:02 AM
 #14

Bitcoin is not the normal fiat currency, it's a cryptocurrency and has the tendency to rise and fall steadily. Even when it has reached a very high price, it will still fall cause it's just in it's natural to do so. Since the supply of bitcoin is not really that fixed and there is constantly buying and selling activities in the market; there won't be a stable price. If you want a coin close to having a stable price, check out Ripple.

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April 17, 2018, 07:03:41 AM
 #15

all users, traders and investors know, that the value of the price of coins that have entered cryptocurrency will surely rise and fall, why? because, from the first value is designed to fluctuate, in order to facilitate the transaction and the other. this ups and downs value could be a benefit to come by many advantages. but, it all depends how the traders and investors run it. so far I am happy to see prices up and down like this.
Yes that's right.
In my opinion, No one can predict the future and history, but it affects the future. In this case, we can use the idea, how bitcoin can stop declining and in fact, start up again.

Should bitcoin rise and fall?

I think the question is not that important to discuss.
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April 17, 2018, 07:27:42 AM
 #16

BUt this is the trend that those whales teaches the crypto users specially bitcoins to hold and wt for the value to increase and sell when theyre expected price reached..but youre point is perfectly right that a currency must be spend not hold,in this way the circulation will go on its proper way and the price dont need any correction in future.

Bitcoin is not the normal fiat currency, it's a cryptocurrency and has the tendency to rise and fall steadily. Even when it has reached a very high price, it will still fall cause it's just in it's natural to do so. Since the supply of bitcoin is not really that fixed and there is constantly buying and selling activities in the market; there won't be a stable price. If you want a coin close to having a stable price, check out Ripple.
Whats the difference between bitcoin as currency and to the NORMAL CURRENCY that you mentioned?not because this is virtual money meaning its functions is different from fiat,your definitely wrong in future this two will have same obligation to the people and this is to act as what human needs to transact.

But since that your a ripple supporter now i know whats youre stands about this bitcoin issue,that banking crypto will never lead this market,im pretty sure of that because banks are the problem why people turns to crypto,and bank will never let people earn as much as they are..

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April 17, 2018, 07:33:25 AM
 #17

Many of us what bitcoin should be fluctuating and we are to come up with a good understanding that bitcoin was not even made to be like stocks and commodities but it was made to be like money and to serve like currency and not the ways we are using bitcoin as always of making money. It fall and rise should not be our concerns.

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April 17, 2018, 08:39:45 AM
 #18

There is nothing to worry about if all prices can rise and fall very commonly, demand and availability being one of the factors that influence it, in general these factors are classified into internal factors and external factors that can not be avoided inside and outside factors can making prices change frequently, it's in every investment there is an increase and decrease, that's where the art of a profit investor, bitcoin will never reach the maximum limit beyond the availability of fiat in the world.

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April 17, 2018, 09:36:30 AM
 #19

The nature of the currency cryptocurrencies is indeed up and down, and by that nature we can take all opportunities between rising and declining prices.
yes that's right since it emerged no one can stop its volatility and because also of some factors that really affect the market such negative news and etc. So that's why sometimes crypto currencies value decreasing and sometimes increasing  , but no worries about it. It's normal.. Like what expert said crypto currencies is so volatile which is can turn our money into double  or opposite.   Lol


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Where is my ring of blades...


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April 17, 2018, 09:42:25 AM
 #20

It is true that money should be used in day-to-day needs to be stable, and I think that bitcoin is great for savings or investments.

wanting bitcoin price to be stable at this point is like wanting a toddler to run in the marathon!

bitcoin is still that toddler who is in its early stages of lifetime. it needs a lot of time and growth before being ready for that marathon and have a stable price. good news is that if you look at the past 9 years you can see that bitcoin has been on the correct path to become more stable and have less volatility and be prepared to be used as a day to day currency.

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