Should bitcoin rise and fall?

[kenziefried]

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.

Bitcoin fluctuation is like you are selecting some fruits in summer and some in winter. If you are not in a position to afford Bitcoin at high price then the opportunity provides by Bitcoin is very good for you. The price will fall as the demand decreases and people get the opportunity to afford the Bitcoin at low price. While the ride of Bitcoin is all investors are here for.

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[futuret]

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.

Bitcoin fluctuation is very good on one side and in not so bad on the other side. On one side the fluctuations or up and downs are good for those people who are not the part of Bitcoin and want to avail it but are with low savings so it is difficult for them to enter into it so the low market price will [provide them with the opportunity to afford Bitcoin at low price and then by holding that coins a time will come when the price goes high and they caste the opportunity.

[The_Dark_Knight]

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 correct when you say that a widely used currency should not rise and fall it should be more stable, but the question is do you think that bitcoin is a widely used currency? Because I do not think so, it has a huge market cap but not many people are using it, when we finally get a significant amount of the population invested in bitcoin then we're going to get the stability we are looking for.

[BitcoinMarketer39]

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?

The traders are always rush to the exchanges because they want the markets volatility in order to earn more profit, this is the reason why the market demand and supply is drastically changing its all because of the investors.

[TTITA]

It should be. The original purpose for bitcoin is as a digital payment tool, but after experiencing skyrocketing prices, many people start saving these currencies, so the functionality turns into a stored value (golden asset) or even exceeds. Then followed by the appearance of some other altcoin such as Ethereum, Litecoin, Stellar, etc. so crypto currencies becomes a lot of variation, this is what causes its trading in the market causing the value to fluctuate with the basis of demand-supply.

[Welhell]

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?

Of course, that process always happen in market. Already you can not see that price of Bitcoin only pumping, candles always directing up or down. But, if you say only short-term trade, it may be happen.

[Hazir]

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.

Most people have no idea how FIAT currency system works - FIAT market totally restricted and regulated by central banks mostly because it is centralized.
When the price of USD is too low/high then proper market instruments are being introduced - for example, change in interest rates.
All this in order to make FIAT currency as stable as possible - with Bitcoin such level of control/manipulation is not possible.
We either would have a semblance of stability with centrally controlled market or decentralization with high price fluctuation.

[maarx]

Cryptocurrencies nature is fluctuation. Every crypto currency including bitcoin has to go through this game. The fluctuations depend upon the investors i would say. The investors decide up on the price at the end from behind. The more the demand takes place on bitcoin and other currencies, their price/value goes up.

[airdrophunter]

The constant rise and fall of bitcoin is natural because that's how crypto is built. There's no other world that can even described it as volatile because its market price depends on the demand of people utilizing it. When it rises, expect it to fall and vice versa.

[gabmen]

Cryptocurrencies nature is fluctuation every altcoin including bitcoin has to go through this game. The fluctuations depends upon the investors. The investors decide the price at the end from begin. The more the demand takes place the price goes up.

And it's not a question of if it should rise or fall. It's inevitable that btc price will rise and fall since it's highly volatile. Traders simply learn how to move with those ups and downs to maximize the profit they can get.

[chainedblocks]

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?

The traders are always rush to the exchanges because they want the markets volatility in order to earn more profit, this is the reason why the market demand and supply is drastically changing its all because of the investors.

Bitcoin is the right currency and that why more and more people are investing in bitcoin because they want huge profit against their investment. All other currencies are far behind than bitcoin. Fall and rise are the part of business and bitcoin is not only usable currency but also a coin business. Therefore I think that it is natural to see the corrections in the price.

[Kevondo]

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.

The increase and decrease or fall and down is the beauty of the crypto market and especially the whole beauty is making by Bitcoin because we have seen the increase and decrease trends in the market and going through the situations by using our knowledge that lead us towards success. The success here is at the large extent that is why people are attracting towards it.

[SolomonSollarsNSense]

It should be. The original purpose for bitcoin is as a digital payment tool, but after experiencing skyrocketing prices, many people start saving these currencies, so the functionality turns into a stored value (golden asset) or even exceeds. Then followed by the appearance of some other altcoin such as Ethereum, Litecoin, Stellar, etc. so crypto currencies becomes a lot of variation, this is what causes its trading in the market causing the value to fluctuate with the basis of demand-supply.

Yeah you are right. We are proceeding to that level. When big companies, restaurants, shopping malls start accepting bitcoin, the use of it will automatically increase and this is the main purpose of creating bitcoin. Money making is not the aim of bitcoin. You can earn money from many sources, but you cannot use local currency anywhere in the world.

[Hell-raiser]

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?

People make all sorts of assumptions but they forget to do a simple reality check on them. In this case specifically, the assumption that the price of Bitcoin remains stable is an impossible thing in and of itself. The explanation why it is impossible is rather simple though. As a speculative asset, Bitcoin can't be stable, full stop here. If it happens so that its price remains stable for some time, people will soon get bored with it as they are looking for volatility and profits. They will quickly start to leave this market, but leaving means selling, and that, in turn, means a major price correction. It may work in reverse too.

An interesting implication is that the longer the price remains stable for whatever reason if if purely by chance, the stronger the next price move should be. Despite being somewhat counterintuitive (since this is not what people typically expect), it can be used as a reliable market indicator.

[tony kurniawan]

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 decentralized and bitcoin values depend on market demand, so if bitcoin values rise and fall they are normal. And it would be an advantage, if smart in speculating bitcoin.

[Hell-raiser]

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.

Could you explain how institutions starting to take over the majority of the circulating supply would contribute to price stability? I can't fathom that, to be honest. There are only 21M bitcoins (well, the real number is way less than that, but you get the idea), so how can they ever make Bitcoin more stable? Personally, I can't think of the way why, first, these institutions may be interested in Bitcoin (for example, hedge and pension funds), and, second, how that would help stabilize prices. Besides, I don't see how this interest can add to Bitcoin's currency utility even if we assume for a moment that such financial institutions really take over the majority of market supply. For example, hedge funds are definitely interested in promising assets but does that turn these assets into a currency?

Before December crash, there were quite a few people at the forum who claimed in all earnest that higher prices would make Bitcoin more stable. They even concocted a number of reasons why it should be so. Reality, though, didn't follow their predictions and assumptions, and it turned out that high prices were by no means a guarantee of stability.

[fullhdpixel]

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.

Bitcoin rise and fall has been a relaxing power for people as they acquire the opportunity to invest in a low market with low amount and then in future caste opportunity to sell the coins at high market in order to make huge profit. The more you wait for the price to go high them more will be the benefit so act likely and make your future better.

[gigusico]

the world of crypto is not constant and the prices in it especially in the flow for everything can change to the other then in the opposite direction

[letua]

Bitcoin is falling and rising, however it goes to recover again. I can't say if what will be the exact numbers to come if bitcoin will crash. It is possible that stamped of the demand will happen.

[Dreamchaser21]

the world of crypto is not constant and the prices in it especially in the flow for everything can change to the other then in the opposite direction

Bitcoin should pump and dump so we can still have the opportunity to have bitcoin at a lower price and sell its already reach our target price. No one can stop this kind of trend because this is a grea time for traders to make profit.