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Author Topic: What kind of growth would last? Quick growth or slow and steady growth?  (Read 521 times)
KingdomHearts
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October 18, 2018, 07:34:34 AM
 #41

We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.
I don’t know if you all do check and compare the price of Bitcoin from 2009 to this current day. There is a huge difference and that’s what we call a slow but steady growth, which occurs as more people continues to join this community daily. Any other growth apart from that is a pump which is getting dumped at anytime.

But we need both of them and I don’t prefer any above the other. This is a market and there should always be some up and downs which a few people can profit at the moment if they are interested in short-term, then as for those who wants to go long-term, they can continue to hold a particular coin for as long as they wish.
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October 18, 2018, 08:46:04 AM
Merited by streazight (2)
 #42

We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.

My thought is that bitcoin really bubbled during December 2017 and we all know that those parabolic rise we saw is not going to be sustainable so eventually it crashed and we even witnessed it bottom at around $5800. Well right now we can call it stabilizing around the $6000-$6500 which is a good indication that at least the crash has halted and its time to wait for another break out run. We should now look at 2019 because I don't think that we can see another big leap in the price at the end of the year.
Slow and steady wins the race; it is perfect here in this market. We have already seen the consequences of abrupt growth which ended in collapsed and downed thousands of investors. I think that slow and steady growth is long lasting and the investors will be happy with slow growth especially bitcoin traders. When the price moves up every day, they can also make good profit every day.
Slow and steady wins the race. It is natural that slow growth is forever and sudden growth is always not according to usual things. When you try to climb in hurry, there are many chances that you collapse but if you climb gradually and carefully no chance for collapsing. The same is here in crypto market. If a price rise with rocket speed, it will collapse like rocket.
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October 18, 2018, 03:27:05 PM
 #43

As usual even in physical world, take for instance in business of buying and selling, an entrepreneur that is consistent in making of profit, understands the road to profit. So, it is clear that slow and steady growth is consolidating and grows with time instead of making all the profit and goes down in the next month just like last december.
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October 18, 2018, 06:32:20 PM
 #44

A poll in addition to the replies will do the trick in conducting such opinions from us.

Nevertheless, you have already observe that 10 out of 10 or 100% of the time, members do prefer a steady and slow growth for stability.

No one wanted a quick and totally pumped price except for newbies who want to be a millionaire within a week.
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October 19, 2018, 12:43:35 PM
 #45

Lasting of cryptocurrency growth is dependent on the usage and the team behind it. Some quick growth might be sustained for a long period if the team are professionally grounded to sustain the growth not to drop to an unacceptable point.

Quick growth is good for the short term investors or who want some quick money during that time and they move away from the market. But for those who want continuous rise for the along term will never prefer a short term growth as they want to invest their money for the long growth which yield them good returns year on year.

Long-term growth is the dream of many financial investors because it can bring huge profits to them in the long run but in the moment I think the cryptocurrency market needs a lot of time to be able to play Follow the new trend. There is a lot of turmoil in the market today and that is really worrying investors.
Obviously, and most especially for smart investors, which is the thing that differentiated real investors from those who are just busy looking for ways to make quick cash. Real investors deal with information and knowledge with the space and they are able to put few things together to make quality decisions which is one thing most of those who are just looking for quick growths will never be able to make.

Slow and steady growth is always the best as that shows sign of maturity and sanity in the market and not just some quick spikes that can easily get dumped the same way up.
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October 19, 2018, 10:26:00 PM
 #46

We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K.

It is possible to reach this price in the years you mentioned, but the biggest challenge we have is: for how long would bitcoin remain at the $ 20,000 level? what we saw last year was just a pump in the price, but the most important question was: how much time could you keep if you had the $ 20,000 price? it would be necessary to have a lot of constant demand to maintain this price of $ 20,000 for a long time. Where would this constant demand come from? These are the questions I have and I do not find answers.

I think it will break through $20,000 at the end of 2018 and should stay above $50,000 in 2019.

to reach $ 20,000 this year very difficult, I would say that it has less than 5% chance of this happening, in the same way that I would say that it has less than 5% of the next year to reach the price of  $50,000

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October 20, 2018, 12:11:59 PM
 #47

We have reached a stable stage where supply and demand stabilize at a given price of $ 6,500. The highest rate will be at $ 7,500 and a low cost at $ 5500.
I do not expect this approach to change so we may maintain this price for several months.
After significant changes such as the lightning network, regulations, mutual acceptance of these currencies, prices will change significantly.



Yeah, you are right supply is also low because of the low mining. Miners are not making good profit because there is no big demand for bitcoin. If the price drop little bit more, miners will stop mining because it is better to stop than deficits. Price is almost stable and there is no big activity in the market. I guess that this situation will last till the end of the year.
Miners know the best chance for them is to be patient at the moment and a whole lot of miners that have been in the market in the past have always known this actually.

At this point, no one even knows if the market has bottomed out enough eventually or if we are still going to see more lows in the long run, but for what we have seen so far, it is imperative that we end up having a good and steady growth that is driven by real demand.

Growth driven by FOMOs and speculations are never sustainable. There may not be a big activity in the market at the moment, but it does not mean we won't get to see the big activity eventually.

In my point of view slow growth will last for long because it will be according to the market cap and not temporarily created like the previous one. I am sure that in the next year the price will be good because of huge investment and not because the end of the year. Some people have made their mentality that the price increases at the end of everywhere which is totally wrong.
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October 22, 2018, 10:40:49 AM
 #48

I would say all of the growth are equally essential depending on the timing. While a slow growth could be the most preferred, it does not make it the most palatable for example in this era of slow growth and backtracking being witnessed in the past couple of week, a surge in price won't do any bad rather it will reinvigorate the dying interest that people have in crypto market at this time in which if build upon, could thereafter be a slow and gradual growth.
Lol, I don’t think people knows what they want. When there is a fast growth a lot of people complain and say that’s bad and you see them start calling it a bubble and saying it needs a correction. When there is a slow growth you will still see them complain and say the market is very slow and you see a lot of people starts quitting. Quite funny.
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October 22, 2018, 10:53:51 AM
 #49

We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.
Quick growth will last, in this I don't mean that price will rise 10x and keep the same, no. Bitcoin was stable 600-1000 usd for some months after fork. Then it begin to rise, at first 1000 usd was like an anniversary day, from 1000 we soon move on 2000, this continue on and on, as you see finally we got 20K, this growth was quick from the begining, nothing to mention about how quickly it grow by 4K in one week. Btw from this story, bitcoin felt but it's stable 6000K. I think there will be some skyrocket shit after the next fork, we will get absolutely more than 25K by the end of 2020 year.
Quick growth assumed to be produced temporarily and will be back to its original price according to investment cap, and we know that people have lost big money when the price collapsed from $20000 to $6000. $14000 is a very huge amount and a person can do many things with this money. I am not in favor of quick growth in bitcoin or Altcoin prices.
There is no big growth to be seen since February 2018. The price is almost stuck between $6000 and $7000. If the price bumps like the previous one, it will collapse once again in the next year because such growth doesn’t match market capital and this is the main reason for its collapsing. We should be optimistic and don’t expect any big bump in the coming months. Slow and steady wins the race.
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October 22, 2018, 12:03:59 PM
 #50

Lasting of cryptocurrency growth is dependent on the usage and the team behind it. Some quick growth might be sustained for a long period if the team are professionally grounded to sustain the growth not to drop to an unacceptable point.

Quick growth is good for the short term investors or who want some quick money during that time and they move away from the market. But for those who want continuous rise for the along term will never prefer a short term growth as they want to invest their money for the long growth which yield them good returns year on year.

Long-term growth is the dream of many financial investors because it can bring huge profits to them in the long run but in the moment I think the cryptocurrency market needs a lot of time to be able to play Follow the new trend. There is a lot of turmoil in the market today and that is really worrying investors.
Obviously, and most especially for smart investors, which is the thing that differentiated real investors from those who are just busy looking for ways to make quick cash. Real investors deal with information and knowledge with the space and they are able to put few things together to make quality decisions which is one thing most of those who are just looking for quick growths will never be able to make.

Slow and steady growth is always the best as that shows sign of maturity and sanity in the market and not just some quick spikes that can easily get dumped the same way up.
People want quick growth but we have already seen the consequences of quick growth in the previous year. The problem with quick growth is that it is never according to the market cap and just because of manipulation. When the price grows through manipulation and there is no increase in investment capital, the price would definitely collapse. That’s why it is not good.
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October 22, 2018, 01:48:10 PM
 #51

I think that quick growth is never a good sign. Easy come, easy go that is how I see it. Steady, supported growt is something that I like much more. Although failure is possible in any option quick changes on the market is not something that I like to see too often.
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October 22, 2018, 03:25:04 PM
 #52

We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.
I would definitely prefer on this way rather seeing a volatility spiking up $10k to 20k in a short span of time. Gradual increase and less volatility would be much preferred and
might be considered to be adopted my merchants or any other institution but I doubt situation would be just be the same when it comes to volatility since the demand had
increased.This do only have the problem with scability.



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October 23, 2018, 10:15:08 AM
 #53

Lol, I don’t think people knows what they want. When there is a fast growth a lot of people complain and say that’s bad and you see them start calling it a bubble and saying it needs a correction. When there is a slow growth you will still see them complain and say the market is very slow and you see a lot of people starts quitting. Quite funny.
I feel you mate! The truth is that a lot of people do not even have the knowledge of the market, let alone be able to wrap their heads around what they really want from this market as far as I am concerned. Usually, the growth that will always last is the quick and steady one, and not just some quick spike upward as a result of FOMO and people getting greedy and in those sorts of latter chances, the possibility of seeing the market enter a deep correction like what we just had recently will always be there.

There is no big growth to be seen since February 2018. The price is almost stuck between $6000 and $7000. If the price bumps like the previous one, it will collapse once again in the next year because such growth doesn’t match market capital and this is the main reason for its collapsing. We should be optimistic and don’t expect any big bump in the coming months. Slow and steady wins the race.
Well, that was simply because the repercussion of the greed and FOMO that happened the previous year actually caused a whole lot of them to not understand that such growth that is driven by speculation is never sustainable because people are getting greedy and at some point when they all start cashing out, of course, what would be expected. Slow and steady growth is the normal growth that would always bring about sanity in the space and not just some greed based growth.


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October 23, 2018, 08:47:12 PM
 #54

Me personally from what happened ending last year and begining of this year, I would prefer a steady growth rate. When the price suddenly pump, it scare new people away and since no new person is willing to come in at then, the price will crash. But on a steady growth rate, investors will have no reason to be afraid.

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October 24, 2018, 11:31:07 AM
 #55

We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K.

It is possible to reach this price in the years you mentioned, but the biggest challenge we have is: for how long would bitcoin remain at the $ 20,000 level? what we saw last year was just a pump in the price, but the most important question was: how much time could you keep if you had the $ 20,000 price? it would be necessary to have a lot of constant demand to maintain this price of $ 20,000 for a long time. Where would this constant demand come from? These are the questions I have and I do not find answers.

I think it will break through $20,000 at the end of 2018 and should stay above $50,000 in 2019.

to reach $ 20,000 this year very difficult, I would say that it has less than 5% chance of this happening, in the same way that I would say that it has less than 5% of the next year to reach the price of  $50,000

I don’t believe your predictions. It is totally nonsense. Are you a bitcoinist that know the future of bitcoin? I only believe in people’s trust. If they invest more and more money in bitcoin the price will grow otherwise it will be the same as it is today. I assume bitcoin as a regular currency and don’t expect any big bump in the coming future. This price is normal for bitcoin users.
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October 25, 2018, 06:25:07 AM
 #56

We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.
And so what? Assuming I say a slow and steady growth, what would you do, cause the market to start having a slow and steady growth? Makes no sense asking the question cause everyone here has different opinion in their mind. Even if you decide today to do things that will help the market have slow steady growth, the whales will find a way to alter that cause they are interested in is pumping the price and dumping it for their personal gains.



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October 26, 2018, 10:22:27 AM
 #57

We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.
And so what? Assuming I say a slow and steady growth, what would you do, cause the market to start having a slow and steady growth? Makes no sense asking the question cause everyone here has different opinion in their mind. Even if you decide today to do things that will help the market have slow steady growth, the whales will find a way to alter that cause they are interested in is pumping the price and dumping it for their personal gains.
Lol. The thing is that even whales realize that a lot of people see this space as a get rich quick scheme which is what makes the market extremely speculative anyway and knowing that there will always be greedy weak hands in the market, with no knowledge or experience of how a market is or how to handle themselves, at the end, they will always get to instigate some market movement.

Of course, there is no one that will not say steady growth is good since it is sustainable as there is no craze or insanity or greed, just some gradual adoption, but we all know that is not something we will always get to see, at some point, FOMO usually kick in for most markets, and this is when we get to see those quick spikes.
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October 26, 2018, 11:18:33 AM
 #58

Next growth won't last long, people teaches by desperate fall of the price of this year will be afraid of repeating and will selling their founds sharply. With such strategy we may not even see 20000 $ ever again.

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October 27, 2018, 03:08:03 AM
 #59

Me personally from what happened ending last year and begining of this year, I would prefer a steady growth rate. When the price suddenly pump, it scare new people away and since no new person is willing to come in at then, the price will crash. But on a steady growth rate, investors will have no reason to be afraid.
However, the volatility of cryptocurrency prices has being an identity and is known by many investors, even from those spending money to invest in cryptocurrency the first reason they have is price volatility. Depend on someone maybe, what is certain is that everyone who invests in cryptocurrency is those who dare to take all risks, until they finally get a profit. But for those who put money in a heart full of doubt then the person found a loss.

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October 27, 2018, 04:16:52 AM
 #60

bitcoin growth from year to year will of course experience tremendous growth and at this time the condition of bitcoin prices has grown very much from the initial price which is still very cheap and until this year the price has become very expensive has provided evidence that bitcoin's growth is very fast.

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