Re: POLL: Would you rather see Bitcoin price grow steadily or in spikes?
Converting a really interesting question and discussion posted by another good member here into a poll so we can actually understand what the popular sentiment is.
ORIGINAL QUESTION/DISCUSSION:
Quick notes:
We can keep the discussion on the original thread, I just think it would be great to get the numbers backing the pages of discussion. Cheers!
ORIGINAL QUESTION/DISCUSSION:
I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.
So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?
So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?
Quick notes:
- Steady growth would be a slow and steady advancement, the growth trajectory of a more stable investment
- Spiked growth would be cyclical periods of advances and declines
We can keep the discussion on the original thread, I just think it would be great to get the numbers backing the pages of discussion. Cheers!
A steady growth would certainly be better and would generate more trust among investors than all this extrem ups and downs. Many people lose their faith in crypto currencys when prices keep falling in the basement and this is certainly not good for the whole crypto market. Crypto currencys need many supporters if it is to become mainstream, but as long as people keep leaving the market because they have lost their money, it will be hard for crypto to become mainstream. So slow and steady growth would be better than all that pump and dumps. So let's hope at some point we have steady growth after all.
