Post
Topic
Board Speculation
Re: Why is a constant rise in the price of Bitcoin, important?
by
raven7886
on 27/06/2018, 19:42:51 UTC
Constant rising price of bitcoin is important because it makes the bitcoin more valuable and attractive to the bitcoiner and potential, investors, it's make sense when the price keeps on rising.
Any reasonable investor will always know that it is impossible for a market to just keep going up and up without having some moment of retrace one way or the other. This huge movement in the price upward attracted a lot of investors, both most especially the inexperienced ones, but one thing though is that everyone is part of the big market, from experienced investors and traders to the inexperienced ones.

It is not realistic to just keep seeing the market going up without anything serious causing it than speculation, so I feel the importance is not even something we should be discussing.