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Author Topic: Should bitcoin rise and fall?  (Read 713 times)
spyerf
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April 23, 2018, 08:08:39 AM
 #61

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?

it is true, it is true that the value of currency for daily transactions is stable. While bitcoin bitcoin always changes, but it becomes better when we use it to invest not for daily transactions.
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April 23, 2018, 08:17:43 AM
 #62

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?

it is true, it is true that the value of currency for daily transactions is stable. While bitcoin bitcoin always changes, but it becomes better when we use it to invest not for daily transactions.

Do you think the Bitcoin is more suitable for daily transaction than Bitcoin Cash? The BCH has risen a lot compared to BTC recently.
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April 23, 2018, 12:06:28 PM
 #63

My crystall ball says that its going up but its little cloudy for now.
I am holding from 3000$ so its not a problem if it drops to 4500$ but sure its going to rise in this year.
Ethereum is also start to rise and lets hodl all together.


We can't have a rise yet... I still need to buy some more. Everything is looking like a good buy, but Bitcoins market sentiment seems to be very bullish. Its good to see so much support at $8000.
We cant stop it now, we had plenty of times to buy, yet we can still buy now for we might see that its recovery mode now and we can still earn.
We cannot just expect a huge bullish momentum all of a sudden, moreover for those who wish they still want to buy more, I guess there would be enough time for accumulation but the possibility of seeing lower MAY not come anymore.

Still, who knows, the market can decide to give another bonus, so let us see how this is going to be playing out anytime soon though but one thing we can never stop seeing is the volatility as it happens in every market. As per current market situations, the market may keep rising as US tax payers may come with fresh capital to bump bitcoin prices.
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April 23, 2018, 05:11:49 PM
Last edit: April 27, 2018, 04:31:14 PM by BartS
 #64

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?
You are choosing the US dollar as an example of what a currency should be but if I remember correctly the US dollar has been crashing for a long time in the last 100 years it has lost 98% of its purchasing value, and yet people use that currency, it is true that the variations in the price of bitcoin are more abrupt, for example bitcoin lost about 70% of its value just in the recent crash, and that was just in a few months but that statistic is very deceiving because it left out that bitcoin went up almost 2000% in a year something that the dollar will never do.
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April 23, 2018, 05:45:30 PM
 #65




The price of fall and rise is common for bitcoin in the cryptocurrency world. After a long time the price of bitcoin is increasing for past two days. Now the bitcoin investors are very happy. Many people are now ready to buy bitcoin due its popularity. Because people know bitcoin will give more profit than normal fiat savings. Due to insufficinet supply of bitcoin the price goes down now it change to normal. Bitcoin will hold lot of people at present so the price is increasing. We dont know whether the price hike is going to continue or not. Hope it will continue let's wait and see.
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April 23, 2018, 05:53:32 PM
 #66

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?
You are choosing the US dollar as an example of what a currency should be but if I remember correctly the US dollar has been crashing for a long time in the last 100 years it has lost 98% of its purchasing value, and yet people use that currency, it is true that the variations in the price of bitcoin are more abrupt, for example bitcoin lost about 70% of its value just in the recent rash, and that was just in a few months but that statistic is very deceiving because it left out that bitcoin went up almost 2000% in a year something that the dollar will never do.
It's astonishing why people are still so confused in accepting the truth about Bitcoin that it is a digital currency, the price fluctuation is the sign of life for it. It's far away from the dollar guys, stop thinking ordinary. People keep on looking at it's performance and demands for it to become like fiat with giving them all the charm and profit of a cryptocurrency, this isn't possible anyway.
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April 23, 2018, 10:37:01 PM
 #67

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?
You are choosing the US dollar as an example of what a currency should be but if I remember correctly the US dollar has been crashing for a long time in the last 100 years it has lost 98% of its purchasing value, and yet people use that currency, it is true that the variations in the price of bitcoin are more abrupt, for example bitcoin lost about 70% of its value just in the recent rash, and that was just in a few months but that statistic is very deceiving because it left out that bitcoin went up almost 2000% in a year something that the dollar will never do.
It's astonishing why people are still so confused in accepting the truth about Bitcoin that it is a digital currency, the price fluctuation is the sign of life for it. It's far away from the dollar guys, stop thinking ordinary. People keep on looking at it's performance and demands for it to become like fiat with giving them all the charm and profit of a cryptocurrency, this isn't possible anyway.
As usual as it is rise and fall is the routine of bitcoin and it's not a big issue. As expected cryptocurrency has its low and high value. That's pretty normal thing. If this case happens a thousand times then it's an infinite number. The price may have that random moment in the market but it can't change the fact that once a bitcoin forever a bitcoin.
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April 23, 2018, 10:50:59 PM
 #68

It's astonishing why people are still so confused in accepting the truth about Bitcoin that it is a digital currency, the price fluctuation is the sign of life for it. It's far away from the dollar guys, stop thinking ordinary. People keep on looking at it's performance and demands for it to become like fiat with giving them all the charm and profit of a cryptocurrency, this isn't possible anyway.
It's ignorance at best, and also the rough nature of this market messing with people. If the price ends up being stable for a while, people get bored and open threads asking what the reason is and when volatility will return.

Once the market is volatile again, people then complain about how Bitcoin isn't usable as currency because it's not as stable as this or that fiat currency. People just don't know what to do or think anymore.

I would even say that there is a certain form of hypocrisy involved because of how everything depends on their mood and their moment of entering the market. These people aren't contributing to this ecosystem at all.

BSV is not the real Bcash. Bcash is the real Bcash.
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April 24, 2018, 07:19:50 AM
 #69

Investors and users adopts bitcoin for the reasons of the huge income that might earn. Yes reasonable for the rise and fall even others currency it should be fluctuates as the normal flow.
Well, this is the main reason investors invest in any market in the first place. We would not call it investment if there is no future, potentials or nothing to gain from it. However, fluctuation is not something anyone should not expect at all in this market. It is normal to see this once in a while and we should always be ready to accept it whenever it comes. Also, it is this pretty big swing that makes investors and huge institutional traders to want to tap from the market.

Without fluctuations it won't be popular as it is now.
There are hundreds of stocks which are keeping fluctuating but within some range, are not popular how bitcoin is and within the time span of 10 years. I mean even bitcoin is fluctuating, it keeps rising toward upward in long term.

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April 24, 2018, 07:35:30 AM
 #70

A widely used currency should not rise and fall.
But bitcoin doesn't have it's own stable price so if you value and understand it's own state of becoming a cryptocurrency that doesn't have it's own value, rise and fall may occur.
Conversely, assuming that the current price does not rise and fall, how many people will rush into the exchanges?
Estimate on how many people are going to exchanges buying the FOMO, buying the rumors and selling the news.



 

 

 

 

 

 


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April 25, 2018, 09:33:21 AM
 #71

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.
If you think on it, it may be an advantage but according to other stable products in the market it is considered as a disadvantage. Bitcoin is advantageous when its value falls and again goes high and when high after that again falls down, so all these fluctuations are good near those investors who find it difficult to buy Bitcoins. For those Bitcoin is an advantage.
Yeah I agree with this that the price should rise and fall because it is the beauty of cryptocurrency business. When the price falls many people buy more bitcoin and when the price increases many people sell their holding to earn money and it is their right to make some money against their investment. If the price remains constant then there will be no interest of the investors. It will be just like an ordinary business.
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April 25, 2018, 10:11:42 AM
 #72

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.
If you think on it, it may be an advantage but according to other stable products in the market it is considered as a disadvantage. Bitcoin is advantageous when its value falls and again goes high and when high after that again falls down, so all these fluctuations are good near those investors who find it difficult to buy Bitcoins. For those Bitcoin is an advantage.
Bitcoin market is known for its fluctuations, sometimes the value go up and sometimes go down. It is the beauty of Bitcoin and made it very interesting according to the well of people. People we have seen are now special ones as they are buying valuable cars and other products after making the billions and millions using Bitcoin in real means. This all is possible just because they invested in low market and sold out in high market.

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April 25, 2018, 10:38:35 AM
 #73

Bitcoin market is known for its fluctuations, sometimes the value go up and sometimes go down. It is the beauty of Bitcoin and made it very interesting according to the well of people. People we have seen are now special ones as they are buying valuable cars and other products after making the billions and millions using Bitcoin in real means. This all is possible just because they invested in low market and sold out in high market.

Exactly! The continuous rise/fall is becoming the nature of bitcoin. Understanding this nature makes you better trader and will stop stockbrokers enetering the cryptoworld.
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April 25, 2018, 11:45:24 AM
 #74

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?

it is true, it is true that the value of currency for daily transactions is stable. While bitcoin bitcoin always changes, but it becomes better when we use it to invest not for daily transactions.
You are right that a good currency has no such a big flop as 14000 dollars. It was a big fall in the price and many investors lose their money, but now it is rising again and soon it will regain its old price. 2018 is the year of bitcoin and people are returning towards bitcoin. They are buying bitcoin because of the low price and this is the best opportunity to regain losses.
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April 25, 2018, 01:57:23 PM
 #75

I prefer both. Reasons 1: BItcoin should fall so I can afford more to fill up my bags. 2: it should keep on rising so I get enough $$ to purchase my altcoins bags.  Nevertheless when bitcoin rises you sell when it dip you buy so both are needed for BItcoin to success. So I'm on both sides

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April 25, 2018, 03:54:21 PM
 #76

Bitcoin increase and decrease continuously in the market. Price change in just minutes. There are times when you feel facing the numbers. I myself always meet when the numbers that change this affect my pocket money.
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April 25, 2018, 04:58:52 PM
 #77

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 there's nothing to worry about if bitcoin prices can go up and down because it's normal, demand and availability are one of the factors that influence the price of bitcoin, but with the unstable bitcoin price can allow bitcoin prices to rise high and that would be an advantage.
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April 25, 2018, 05:43:25 PM
 #78

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 there's nothing to worry about if bitcoin prices can go up and down because it's normal, demand and availability are one of the factors that influence the price of bitcoin, but with the unstable bitcoin price can allow bitcoin prices to rise high and that would be an advantage.
very reasonable when bitcoin prices rise, then down. well, of course many people have been waiting to sell their assets for a while. but, in a while the price will go back up, believe me, this happens often.

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April 26, 2018, 07:10:46 AM
 #79

Bitcoin’s rise and fall of its market price is already imbued to bitcoin’s existence in cryptoworld. Since bitcoin started 10 years ago, the rise and fall of its market price is already part of its jouney before it reached 20,000$ value.

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April 26, 2018, 09:16:24 AM
 #80

Bitcoin is more of an investment instrument, a "digital gold". The price of gold also fluctuates, on a lesser scale but it is expected considering the fact that gold is known for many centuries, but bitcoin is still in its early stage. Exchange rates of different currencies also fluctuate.
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