Topic: Bitcoin is stabilizing? (Read 4252 times)
There is lots f bad and good news, so they neutralize. BTC is close to getting stable. And that is perfect for it. None of other coins is in such stage, since they will still raise x10 and fall x10. This makes BTC far ahead by adopting it by people and governments.
After the last flash crash, the price fall 19% in a month. Now, for some reason the price is stabilizing at 475-480 USD.
Would you tell this is the price we're going to keep the rest of 2014 or there will be some changes?
Would you tell this is the price we're going to keep the rest of 2014 or there will be some changes?
Still a little bit wobbly until now. Bitcoin is not yet stabilizing.
It seems to be stabilizing at $100 below last month's level now.
Still a little bit wobbly until now. Bitcoin is not yet stabilizing.
Last time it was catastrophic news, this time nothing. Just someone selling, which is kinda scarier than gox.
After the last flash crash, the price fall 19% in a month. Now, for some reason the price is stabilizing at 475-480 USD.
Would you tell this is the price we're going to keep the rest of 2014 or there will be some changes?
Would you tell this is the price we're going to keep the rest of 2014 or there will be some changes?
Still a little bit wobbly until now. Bitcoin is not yet stabilizing.
After the last flash crash, the price fall 19% in a month. Now, for some reason the price is stabilizing at 475-480 USD.
Would you tell this is the price we're going to keep the rest of 2014 or there will be some changes?
Would you tell this is the price we're going to keep the rest of 2014 or there will be some changes?
It is stabilizing, but not quite yet, it needs to first recover to right level. that is at around $100.
Many people in this forum would have gone "all in" on bitcoin, long before the price goes anywhere near $100.
After the last flash crash, the price fall 19% in a month. Now, for some reason the price is stabilizing at 475-480 USD.
Would you tell this is the price we're going to keep the rest of 2014 or there will be some changes?
Would you tell this is the price we're going to keep the rest of 2014 or there will be some changes?
It is stabilizing, but not quite yet, it needs to first recover to right level. that is at around $100.
Bitcoin will stabilize at zero a couple of years down the road.
Only when it is not widely adopted.
No.. Bitcoin is dropping again.
Bitcoin will stabilize at zero a couple of years down the road.
Don't listen to the morans above. The price is not "stable" if it continues to fall month after month. People claiming that it will reach $100,000 a coin are part of the "get rich quick" cult and have foolishly invested all their assets into this... they want you to join them because, you know, misery loves company.
Anytime a group of people rally around a commodity and tell you "pie in the sky" stories of riches, you should be extremely skeptical. There is no further innovation for bitcoin, just morans telling each other that they're going to be rich for their digital tokens, of which ~3,600 new ones are produced EVERY.DAY.
Anytime a group of people rally around a commodity and tell you "pie in the sky" stories of riches, you should be extremely skeptical. There is no further innovation for bitcoin, just morans telling each other that they're going to be rich for their digital tokens, of which ~3,600 new ones are produced EVERY.DAY.
You are objectively wrong. If Bitcoin is going for mass adoption and that's the goal, the price will not reach a legit, FIAT tier stability price until we are several times the current prince, it will take maybe a decade for the continum rise to be more subtle and with less big up and down. You'll wish you invested in this technology when FIAT currencies are worth peanuts in the future.
If you call the dropping $3 and rising $3 stabilize then bitcoin has stabilized.
Yes it is. Compared how it was last year is quite stabilized.
The charts doesn't look "stabilized", bitcoin's value is changing every day.
If you call the dropping $3 and rising $3 stabilize then bitcoin has stabilized.
We're only stable because people are afraid to fall even deeper. I'm afraid that this hasn't been the real bottom, as well. Bitcoin seems trapped in a strange oscillation of price these days. There's some movement, but it doesn't break out of any channel so far.
Because it is already priced in the market due to insider trading.
Also the price will go down a lot instead due to paypal users selling BC.
Also the price will go down a lot instead due to paypal users selling BC.
Who said paypal will let sell btc and not only buy them?
For example Payza already supports btc but only for withdrawing to btc, so you can only buy them not sell and the price is higher than in exchanges
I'm sure it will not be useful for trading but it would be still another service which supports the currency and should make it more valuable
After the last flash crash, the price fall 19% in a month. Now, for some reason the price is stabilizing at 475-480 USD.
Would you tell this is the price we're going to keep the rest of 2014 or there will be some changes?
Would you tell this is the price we're going to keep the rest of 2014 or there will be some changes?
I wouldn't be surprised to see another flash crash, but I think we are poised for the beginning of a steady price recovery over the next few months. There's a lot of evidence for this if you think about why the price has been falling, and consider all the recent news. Studying the charts from last summer made me very optimistic. Seriously, try it.
With the receny Paypal news the price should rise in few days but I don't know if there will be a new bubble soon.
paypal announced they will support bitcoins, so WHY is BTC still going down??
big news like that used to raise price, why it hasnt happened now?
I think we need to find the long-term support now. We might be still above that, so good news are only making the bad situation better, but aren't taking us to new heights. We need some time of recovery before we can start a healthy increase again. This may take some time, I believe it may be 6-12 months even. We'll see. Then again, Bitcoin tends to surprise us
Looking closely at the charts of the last years, I don't think that bitcoin has a stable value or that it is stabilizing.
Because it is already priced in the market due to insider trading.
Also the price will go down a lot instead due to paypal users selling BC.
Also the price will go down a lot instead due to paypal users selling BC.
With the receny Paypal news the price should rise in few days but I don't know if there will be a new bubble soon.
paypal announced they will support bitcoins, so WHY is BTC still going down??
big news like that used to raise price, why it hasnt happened now?
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