Quote from: layoutph on November 03, 2017, 11:34:21 PM

Market rules: Anything that go up fast and high, will have a huge crash later. Look at XRP. Bitcoin is almost complete from reaching the top ,but once it taps the tip, huge crash from all crypto would happened. Huge Bitcoin correction and long journey again to reached that top.

Quote from: btcwish1 on November 03, 2017, 03:51:36 PM

First of I am a BTC HODLER and I am happy it is breaking it's ATH every other day. But is it really good for future of BTC?

As a currency and day to to day usage BTC price needs to be stable. For regular market to adopt this as a currency the price needs to to stable. Is it not? If BTC fluctuates so much within just few days how can some business adopt this? For example if they fix a price for a product for $400 equivalent to btc then tomorrow the price can be $600 or $200. Will this sudden price rise/ drop not affect the market adoption?

What you guys think about this?

The market doesn't follow any rules. And things that go up don't always crash either. Just look at the stock history of Amazon, Alphabet or Facebook, to name just three assets that keep going up.