Re: What if Bitcoin just hold steady for months and months
Bitcoin isn't moving very much just now. Up a tiny bit and then down a tiny bit. Would this be very boring for people. This might not encourage more people to buy. I think the only way people buy is if it's going up and down more. Because then at least they will have half a chance of making a good profit.
Never expect the price of bitcoin moving higher all the time,just take a look at the rally we had last year and take a look at the graphs earlier and you will understand what it is and why it is and how market performs,even with this situation,there is a massive fluctuation in price ranging over a thousand dollars plus or minus and you think that is a steady market. 