Should bitcoin rise and fall?

[Freshmen]

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.

Bitcoin beauty has increased by its fluctuations and the whole world wonders at the market and finding it a joy of gaining extra money as it is an opportunity provided to take care of your money by your own handling. It had been falling since last few months but now it has been going upwards since few days and that is why the whole world is wondering at the market to take their decisions or abstain according to the market.

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[BartS]

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.

This happens because people lack imagination, I have seen economists saying that bitcoin cannot work and when they described what they think it will work, they are basically describing fiat, they do not understand that bitcoin is something completely new and revolutionary, that is not just another currency, that is not just another way of investing your money, that is not just another way to make money, it is something different, it is something new, so I really think that this is a case in which people are unable to accept that the paradigm of what constitutes a currency has changed.

[Whosdaddy]

Should, bitcoin down and up is reasonable, because no one can predict bitcoin prices. All crypto must go up and down like bitcoin.

Not just all crypto but generally, every market has been fashioned to be that way as long as we keep having the law of demand and supply in play. I really do not know what people are expecting from bitcoin or other cryptocurrencies but the thing is that it would always end up having some swings even as we go on, which may be reduced over time as a result of the cap but at the same time, nothing is guaranteed.

There will be no doubt bitcoin will keep rise and fall even every bitcoiner will be hating that "fall" part. Fall is being happened due to some of us only. In some sense, fall is nothing but profit booking by some people or trader or some investors but definitely one of us.

[followmenot]

I think its even better that bitcoin sharply rises and falls. It caches interest easier than any other investment schemes. It creates great wealth for people buying and selling on right times so..

[Ronyx]

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?

What makes people interested in bitcoin because the price goes up and down, because bitcoin can increase and we get a profit, and if the bitcoin price is stable and does not rise and does not fall then there is no interest in bitcoin.

[richardsNY]

I think its even better that bitcoin sharply rises and falls. It caches interest easier than any other investment schemes. It creates great wealth for people buying and selling on right times so..

While that may be true, it only applies to a small number of traders. It's not as easy as it looks to successfully trade the volatility, especially so when greed and fear are the daily driver. As rewarding as trading a volatile market can be, which is the only thing people think about, it can also turn out to be an easy way to lose money. It's still a matter of high rewards equal high risks. If you're willing to expose yourself to these risks, then fine, but at least understand the risks, which isn't something a lot people here do, and for that reason always end up on the losing side. In other words, don't just focus on the profits while the losses are a more likely scenario.

[cutikanzilong]

In my opinion, bitcoin is not a currency because money is still up and down. Bitcoin is perfect if used as an investment for us who want to get big profit but besides that also we need to be careful in investing because bitcoin fluctuate

[anavir]

yes,it is normal for the bitcoin price to rise and fall but there's no need for you to be afraid because your will still grow if you will not jump into panic selling.

[wildflower18]

yes,it is normal for the bitcoin price to rise and fall but there's no need for you to be afraid because your will still grow if you will not jump into panic selling.

It is normal for bitcoin rise and fall as this is the reason's for us who invest and other whales to enter the opportunity to buy and sell bitcoin. It is should be the market is alive, ordinary flow that we should expect.

[OrangeSeller]

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.

The fluctuations in Bitcoin market is useful as well as not useful for some kind of people who have emergencies and can not wait for their profits to sell out the coins a get the profit to meet their sudden needs, this is because they took the wrong decision to invest all of their wealth here.

We know that it is market and anything can happen here. The price decrease gives us another opportunity to invest at low market as we know that the price is achievable at low price and in future the profit is ours because the market will surely go high again.

[Dancobit]

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.

Honestly, if I think no one can predict the price of Bitcoin let alone the price of bitcoin up and down with the negative issues against the currency Cryptucurrancy so that the Bitcoiner is a panic of course in doing Bitcoin Investment.

[eann014]

Bitcoin is always rising and falling and we are the ones who will predict if we think that the market will go up or down so we are the one who is responsible to decide if we want to invest right now or maybe later.

[Tigorss]

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?

actually not, what is needed is stability, why prices rise and fall it's because of the volality and FUD that attack the investors.

[Kambal2000]

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?

actually not, what is needed is stability, why prices rise and fall it's because of the volality and FUD that attack the investors.

Rising and falling of bitcoin is not a bad thing, this is one thing actually that we should actually cared about and make this as a good opportunity instead or making panic all the time about it, some people prefer it as they are making money by buying at low and selling at high even for a bit.

[icoworld]

I think that this is a normal action for him, he repeatedly showed how after the fall he went up

[cluit]

I think its even better that bitcoin sharply rises and falls. It caches interest easier than any other investment schemes. It creates great wealth for people buying and selling on right times so..

This is one of the good and bad both qualities of Bitcoin and we can name it a double action of Bitcoin. The lowering of price helps new investors to afford it easily wile for investors who bought at the middle price while it was deceleration time so they would be facing with loss but you know the most good thing in this business is that you can never face with loss until you do not sellout act lower market.

[BartS]

I think its even better that bitcoin sharply rises and falls. It caches interest easier than any other investment schemes. It creates great wealth for people buying and selling on right times so..

First of all the amount of traders that are able to buy and sell at the right time are extremely limited because bitcoin is completely unpredictable, second bitcoin right now is not really generating wealth for those that buy and sell at the right time what it does is transfer the wealth from one person to the other, this is what many people do not like to acknowledge, trading is a zero sum game that means that if you win someone else needed to lose, and if you won a lot of money then that means that a lot of people lost money, so like in everything in life there are a few winners and many losers.

[Rozita]

Bitcoin or any other cryptocurrency should not be compared with fiat currencies. Fiat is always controlled by the central banks and the governments. But bitcoin is not controlled like fiat and the volatility is completely normal. Also, as cryptocurrencies have not officially accepted by governments, there are always fear and greed in this market and it causes the prices to change sharply.

[1Referee]

Also, as cryptocurrencies have not officially accepted by governments and as there are always fear and greed in this market and it causes the prices to change sharply.

Governments will never 'officially' accept our current crypto currencies. The only thing we realistically can expect them to do is to properly/fairly regulate this market, and that's it. Whatever the government is doing after that is none of our business.

The main point here is that capital will need to shift towards larger, professional parties in order to somewhat stabilize this market. Currently it's noob versus noob, wannabe trader versus wannabe trader, and wannabe whale versus wannabe whale. As soon as institutions start taking over the majority of the circulating (on-market) supply, then stability will be very close. Bitcoin's currency utility will flourish at that point, where mass adoption and usage is the logical result.

People don't realize it yet, but they (especially the early birds) found a market that hasn't yet been taken over by wall street, enjoy it instead of criticizing the volatility.

[marcuslong]

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?

Bitcoin is always fall and rise it is part of bitcoin market more country and user , people who uses the bitcoin around the world are enjoying the bitcoin unpredictable price since they buying and selling when the bitcoin price increase. They always taking the big risk to earn money, The bitcoin price will be stable when probably all bitcoin will be mined at all.