Post
Topic
Board Bitcoin Discussion
Re: Too many speculators in the cryptospace?
by
denzkilim
on 24/12/2018, 03:36:17 UTC
Seeing the usual conversations in this forum and in others related to the cryptocurrency issue, as well as the groups on Facebook, Telegram and others, it seems that most of those interested in this field have no other interest than making easy and fast profits.

And I think this is something that has negatively impacted the market, because it has driven the high volatility in the prices of cryptocurrencies, regardless of how serious each project is: investors are always willing to sell their tokens at the first opportunity, instead of supporting the cryptos as a technological development with long-term potential.

Do you agree with the speculation without limits?
Speculations and speculators are expected in a speculative Crypto Currency that we all call Bitcoin and these speculations of people will never stop because this industry is all about speculations. You're correct that almost everyone in this crypto space is aiming for only one goal "to make a quick profit" I'm not saying everyone but most of the people in here are up to it and you can't hide it. Grin

Yes it can impact the market with those kinds of behavior but we should expect those because of Bitcoin and other forms of Crypto Currencies are decentralized and no one controls them but the majority of the people can make a huge impact on its value movement.

Speculation itself does not have any limit because it is theories without any kind of evidence.

And to add up, speculations and speculators make this industry so lively and we should get used to this kind of system. Cool