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Author Topic: Btc price moving too much  (Read 559 times)
MiF
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April 17, 2022, 09:44:02 PM
 #41

If we put basis on the price of btc since 2010 we can really say that bitcoin price moving too much, i believe that bitcoin will still rising in the near future and it will never drop back to 1$ at price that is why i am in crypto and i want to discover or witness the another bull run 4 years from now.


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April 18, 2022, 12:28:22 AM
 #42

Actually, bitcoin is considerably stable nowadays. In past years, and more exactly, in past bearish seasons, bitcoin used to be much more volatile than now. Adopters should be seeing this positively instead of an issue. It's during the hard times that we can check how bitcoin is really doing, because there is no hype to obfuscate our senses and reality, so I can say bitcoin is stronger than it has ever been. Support line is too solid and I guess no one questions that at this time, neither the most pessimistic, critics or haters. For investors who have been on this market since 2016 or 2017, there is no reason to fear, as they have seen worse scenarios.

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April 18, 2022, 05:19:38 AM
 #43

The past variation in prices were even more but at this time we have been stuck in $40k range but when this trap will be over you will see how it will gain momentum and grow.Volatility is related to btc so why should we afraid of it? If you can hold long term btc is best option rest choice is yours always.

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April 18, 2022, 05:45:48 AM
 #44

If we put basis on the price of btc since 2010 we can really say that bitcoin price moving too much, i believe that bitcoin will still rising in the near future and it will never drop back to 1$ at price that is why i am in crypto and i want to discover or witness the another bull run 4 years from now.

Isn't good that bitcoin prices are moving upwards from 2010 till now. There are periods when bitcoin price retraces but overall the trend is positive for bitcoin.
If anyone thinks that bitcoin prices are moving too much, then they should know that bitcoin prices cannot be stable like USDT. Since the price of bitcoin depends upon demand and supply, its hard for the prices to remain stable.

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April 18, 2022, 07:30:35 AM
 #45

When I read the title I was very curious to know what it was about.

Btc price moving too much can the btc maintane the trust of people still to hold btc ?

 Cheesy

are you really asking this question? What motivates and makes everyone trust bitcoin and precisely because it is increasing in price in a short time, you must have heard the word Hodl, why do you think people do Hodl for a long time? and precisely because they believe that the price of bitcoin will increase greatly in time in the future. people have trusted bitcoin this way for years. it seems to me that you are in the wrong market if you don't already know that

Goverment need to step in and support our losees also i hope they do btc stable

 Huh

the government is not concerned with that, they are just concerned with controlling the people so that they don't oppose the government.

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April 18, 2022, 07:39:16 AM
 #46


Goverment need to step in and support our losees also i hope they do btc stable



Are you sure this is such a good idea? I thought that crypto currencies were designed to be independent from governments. If governments now step in and start buying bitcoins they would take over all the control again. First of all, what does the government gain from stabilising the bitcoin market? I don't think it's their place to make investment there. They would need to acquire large amounts of Bitcoins to be able to sell some as soon the price starts rising. A stable Bitcoin price means no more falling prices, but also no more rising prices. I rather have a volatile bitcoin market if it rises long term. Still hoping to reach new ATH this year.



There is no need for jobs traders will accept goverment funding binance and btc thats enough so we can earn fee 2000-5000$ at least monthly.


You mean we don't need any traders anymore? Only the government is trading cryptos now? But why would the government than pay us 2-5k USD per month? That sees a bit in my opinion. Some countries started to have a minimum allowance for people who are not working, but that is usually in the 700-1000 USD range.
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April 18, 2022, 07:39:35 AM
 #47

It's funny that we like to involve the government when bitcoin is created to be a decentralized currency.

The nature of crypto itself is very volatile, there's no way it will only move in one direction, I think we should understand that first before we start investing in crypto so we will not surprise and panic in bearish situation, or when we see a dump, because in the eyes of the normal crypto investor it's just normal while for the newbies, it means a collapse of their investment.

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April 18, 2022, 12:55:48 PM
 #48

The past variation in prices were even more but at this time we have been stuck in $40k range but when this trap will be over you will see how it will gain momentum and grow.Volatility is related to btc so why should we afraid of it? If you can hold long term btc is best option rest choice is yours always.


Bitcoin price already touched $68k+ in 2021.But bitcoin price early dropped in 2022 and staying $40k under or avobe or level.People still believe in bitcoin investment cz bitcoin already proved their value. Bitcoin investment and bitcoin populated increase day by day.So think we need to hold long term and i hope bitcoin price will be more grow this year.
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April 18, 2022, 12:57:49 PM
 #49

Goverment need to step in and support our losees also i hope they do btc stable
I haven't read anything as hilarious as this on this forum. This takes the cake off every other funny comments I thought I had read. For real, are you serious dude? You just sounded like a whining participant in trading. Bitcoin's volatility seems to have even eased off now by my estimation. You should've been here a few years ago to know what price fluctuation was. Again, if Bitcoin price were stable many people won't find it exciting to trade at all.

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April 18, 2022, 01:07:05 PM
 #50

There is no need for jobs traders will accept goverment funding binance and btc thats enough so we can earn fee 2000-5000$ at least monthly.
What sort of a suggestion is that? Trading is not a daily earning job where you get a fixed amount per month but a speculative game of risk vs reward. Binance has nothing to do with their government, it is a private company. Also governments dont patronize companies like that, it makes them look bad and it brings in unwanted flak from other companies doing the same.

Do show us proof of why you think government is funding binance or will fund it. Or maybe its just another one of your conspiracy theories.

Quote
Goverment need to step in and support our losees also i hope they do btc stable
You need to stop typing threads when high on cheap weed mate.

Governments have no role in your losses. You may have bought at higher price and today price might be lower than that. It is completely on you but you can recover it if you give it time. These knee-jerk responses should be controlled.

R


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April 18, 2022, 02:53:16 PM
Merited by Mpamaegbu (1)
 #51

Goverment need to step in and support our losees also i hope they do btc stable
I haven't read anything as hilarious as this on this forum. This takes the cake off every other funny comments I thought I had read. For real, are you serious dude? You just sounded like a whining participant in trading. Bitcoin's volatility seems to have even eased off now by my estimation. You should've been here a few years ago to know what price fluctuation was. Again, if Bitcoin price were stable many people won't find it exciting to trade at all.
I don't think he understands bitcoin, let alone asks the government to pay for the losses he has suffered. in my mind, he is a beginner who wants big profit in his imagination, but the reality is different, and it is because of his own fault, so don't shift the blame to another object. I think it's the fluctuations in bitcoin that make it interesting to invest, as long as we have sufficient knowledge, so it doesn't cause panic selling

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April 18, 2022, 03:05:19 PM
 #52

If asked whether Btc can still be trusted, then I think it is clear that it can. Even though the price of BTC is currently plunging, it doesn't mean that BTC can't be trusted anymore. precisely after this moment of decline, the price will usually soar, and we can use this moment to buy it at a cheap price. only after that do we hold until the market recovers. For me, trust in BTC cannot be forced, if someone can't accept BTC then we can't force it because whatever the risk will be borne by each. but if we can receive and manage BTC well then we will also get good results too.

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April 18, 2022, 03:11:54 PM
 #53


Goverment need to step in and support our losees also i hope they do btc stable
At first I will like to remind you that Bitcoin is decentralized, Government has no control over bitcoin, therefore there is no way they can make the price of Bitcoin stable. Many people have invested in Bitcoin and are expecting to have profits whenever the price goes up, so if you said you want the price to be stable at a particular point just because of some selfish reasons, what about others that invested in BTC? They also have aims and targets to meet.
It's not everybody that can do futures trading, some people prefer to buy and hold until their target is met.

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April 18, 2022, 05:44:46 PM
 #54

If asked whether Btc can still be trusted, then I think it is clear that it can. Even though the price of BTC is currently plunging, it doesn't mean that BTC can't be trusted anymore. precisely after this moment of decline, the price will usually soar, and we can use this moment to buy it at a cheap price. only after that do we hold until the market recovers. For me, trust in BTC cannot be forced, if someone can't accept BTC then we can't force it because whatever the risk will be borne by each. but if we can receive and manage BTC well then we will also get good results too.
bitcoin always faced difficult situation. Every time bitcoin succeeded. Currently so many different issues are facing, the big one is the war like situation. as soon as this situation is getting clear we will see bitcoin skyrocket again, we need to remain patient and wait for the geed time to come.
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April 19, 2022, 03:20:15 AM
 #55

In 2017 the price of bitcoin rose and shook the world into 2018 the price of bitcoin fell drastically and the price of other alcoins also fell. No one at that time dared to say that the price of bitcoin would rise like it is today, today history is repeating itself, many have complained about the price of bitcoin. some even asked the government to intervene to propose stable bitcoin this is a stupid idea not seeing the experience in 2017-2018.
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April 19, 2022, 09:08:12 PM
 #56

It's funny that we like to involve the government when bitcoin is created to be a decentralized currency.

The nature of crypto itself is very volatile, there's no way it will only move in one direction, I think we should understand that first before we start investing in crypto so we will not surprise and panic in bearish situation, or when we see a dump, because in the eyes of the normal crypto investor it's just normal while for the newbies, it means a collapse of their investment.
This is what people know, this is what people memorized so far and that is the first instinct they get when this happens. I mean I get that you may not be doing something that is as free as bitcoin allows you to do if we get governments involved. However, whenever people see something "unfair" for them, then they start to ask for help from their governments because that has been how we handled these things so far.

It has been centuries since nations backed their own coin and whenever citizens have a "problem" they try to fix it, sometimes they do help, sometimes they cause it to be even worse. This pandemic period is a great example, citizens were in trouble during that period, so they found the solution by printing more money which probably did help some people but at the end of the day it ruined the economy.

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April 19, 2022, 09:19:42 PM
 #57

It's funny that we like to involve the government when bitcoin is created to be a decentralized currency.

The nature of crypto itself is very volatile, there's no way it will only move in one direction, I think we should understand that first before we start investing in crypto so we will not surprise and panic in bearish situation, or when we see a dump, because in the eyes of the normal crypto investor it's just normal while for the newbies, it means a collapse of their investment.
This is what people know, this is what people memorized so far and that is the first instinct they get when this happens. I mean I get that you may not be doing something that is as free as bitcoin allows you to do if we get governments involved. However, whenever people see something "unfair" for them, then they start to ask for help from their governments because that has been how we handled these things so far.

It has been centuries since nations backed their own coin and whenever citizens have a "problem" they try to fix it, sometimes they do help, sometimes they cause it to be even worse. This pandemic period is a great example, citizens were in trouble during that period, so they found the solution by printing more money which probably did help some people but at the end of the day it ruined the economy.
I think basically when the government gives legal status, the government will provide support by providing legal services when there are problems such as fraud and other transaction problems but making BTC stable is not possible unless the government makes altcoins or new stable tokens can be done and for those who trade or invest in bitcoin and crypto, they already know about the risks and fluctuating prices, even in every market the explanation is listed at the beginning as a warning.

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April 19, 2022, 09:56:32 PM
 #58

In 2017 the price of bitcoin rose and shook the world into 2018 the price of bitcoin fell drastically and the price of other alcoins also fell. No one at that time dared to say that the price of bitcoin would rise like it is today, today history is repeating itself, many have complained about the price of bitcoin. some even asked the government to intervene to propose stable bitcoin this is a stupid idea not seeing the experience in 2017-2018.
History repeats itself? We dont know and no one really knows on what would be the future looks like but its true that no one had really anticipated that we would be reaching out 68k ATH price yet we are just only hoping

that we would able to break that 19k+ ATH which hadnt been break for several years and now we are ending up on the same movement again on where it is really like waves on the sea where prices cant really be

determined on where it would be going.Moving too much? This is where people do love the most because out of these movements if you do know on how to play then you could really simply make out
some money or profits.

R


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April 19, 2022, 10:27:41 PM
 #59

I don't think he understands bitcoin, let alone asks the government to pay for the losses he has suffered. in my mind, he is a beginner who wants big profit in his imagination, but the reality is different, and it is because of his own fault, so don't shift the blame to another object. I think it's the fluctuations in bitcoin that make it interesting to invest, as long as we have sufficient knowledge, so it doesn't cause panic selling
I tend to agree with this and this is also what is on my mind, OP didn't understand very well what is Bitcoin and how it will work, people love the volatile nature of Bitcoin because of this they will make money when the price goes up.

This is the problem with those newbies, they think too much about the profit in Bitcoin but yet, they don't understand how to make a profit.
However, Bitcoin doesn't have a promise to anyone to make them rich, and based on the Whitepaper, Bitcoin is a peer-to-peer electronic cash system which means only an alternative to cash that can be used as an online payment system.

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April 19, 2022, 10:31:41 PM
 #60

The change in the value of Bitcoin today is indeed a nature that has existed from Bitcoin long ago if it is not stable so that it can change at any time and at any time. And from the past until now Bitcoin still survives and still gets the trust of many people. This shows that Bitcoin is a really strong coin and already trusted even though the value is not stable. In addition, because of the instability, people can benefit from it. When the turn value they buy Bitcoin and when the price goes up they sell it, so the cycle goes on. So don't blame Bitcoin or the market if the value changes quickly and drastically because of that indeed the characteristics of crypto.

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