Post
Topic
Board Economics
Re: How can we stop Bitcoin from crashing?
by
gabmen
on 25/08/2017, 05:04:50 UTC
Hello I am a newbie and I am not really good at trading, really. May I know what is the bear market? And there is another market called and I think it is the bull market? What are those can you explain it to me? I am having trouble about it.

Even if you are not good at trading you must know these two words, they are exactly the opposite.

Bear Market is the market where prices are falling. When you say bitcoin at bear market you are saying that bitcoin's price is falling. The other one is bull market where the share prices are rising.

What is the way to stop Bitcoin from being a bear market?

We can't stop bitcoin from being a bear market because we all know how volatile bitcoin is. Still we can make it at stable price if we can make more users or investors use bitcoin.
I agree. Stopping this process is difficult. Here question in other: How to compel people to use bitkoins, if do not many yet trust to him?

We can't "compel" people to use bitcoin because its their choice. All we can do is to show them the positive things about using bitcoin. It's already worked in many places if you consider btc usage from a few years ago. The more people use this, the less chance of btc crashing.