Bitcoin now a stable coin? - page 15.

Cling18

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Quote from: bosta20 on November 11, 2018, 09:47:18 AM

Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

Still we can't consider Bitcoin as a stable coin because it is still volatile and is always changing. Nothing is stable here in crypto world so we must not be confident about our holdings. However, it is still best to buy bitcoin during this kind of market situation because we will still be able to gain the best profit and earnings through it.

TelolettOm

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Not. bitcoin is not a stable coin because every second there is always an increase or decrease depending on market demand. today is very unstable for the price of bitcoin because the price continues to decline in price

hahay

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Quote from: Shinpako09 on November 15, 2018, 08:08:03 AM

We are way too far from having a stable coin. It may take longer before it could happen or maybe not because rise and fall is always there and won't disappear. Maybe we can have stable price but not forever like we experience in the previous weeks and months and now followed by fall. You can't expect crypto value to be stable forever.

Indeed, we will not be able to have coins that are forever stable because even though yesterday it looks more stable, but up and down always happens on a low scale and we can still take advantage of every moment that occurs to make a profit, because volitility will continue and so is correction what is happening now is likely to make some people panic.

Shinpako09

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We are way too far from having a stable coin. It may take longer before it could happen or maybe not because rise and fall is always there and won't disappear. Maybe we can have stable price but not forever like we experience in the previous weeks and months and now followed by fall. You can't expect crypto value to be stable forever.

Malamok101

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The price of bitcoin going down now and I think it's big problem for us who buy in the last month because until now the price of bitcoin now getting unvaluable anymore.

cjie

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The price is not stable yet, is just been $6200 and $6350 at times. It is easy to do day trading now if you are actually good in it. The profile might not be much, but you can still be getting some at the end of the day.

justspare

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Quote from: herurist on November 12, 2018, 02:25:31 AM

Quote from: bosta20 on November 11, 2018, 09:47:18 AM

Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

Stable is good sign for invest but you should have patience in this situation. Many people still believe in crypto, they replace and hold for XRP, LTC and DASH in long term period. You have faith and good calculation about USDT just try it but remember about money management. This knowledge will safe you from bigger loss.

Stability when a market is even moving sideways for a very long time does not make a coin a stable coin. Stable coins are always backed by a physical cash or asset, which is what we see with the likes of USDT that you mentioned, and they are controlled.

Bitcoin is not centralized as it is decentralized, so there is no chance at all of the possibility of it becoming anything called stable coin. I believe this is just something that will last for a while and once the market eventually picks a direction finally, we will start beginning to see some movement in the market, but for now, i always see this period as the accumulation period.

Kiweikoo

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Quote from: Cryptopher on November 11, 2018, 05:52:23 PM

Relatively speaking it is in a stable phase. That will change, sure enough...

Relatively! Since we are in a sideways movement for a while. It is not a bad thing though, and we can just consider this moment as a consolidation phase, which has happened before and possibly will happen again, but for anyone trying to compare it with it being a stable coin, actually does not understand the main definition of a stable coin.

Like you said, this is a condition of the market that will most definitely change. It could be boring though for traders most especially, but at the same time, that does not change the volatility of the market in the long run, at least, not just yet.

jrrsparkles

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Quote from: bosta20 on November 11, 2018, 09:47:18 AM

Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

Not really because it's price were backed up by its demand and supply so whenever changes in the demand and supply the prices will ossiclate according with that.But still you can make money from bitcoin with these stable value by buying at the low value and sell them at hige value because the prices has difference about $200 to $300 in different exchanges.

Dimon8

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The fact that a bitcoin stable coin is a temporary phenomenon is about to end.The minimum volatility is the minimum profit. Institutional investors want to make profits regularly and steadily, and when the market is calm there is no profit.

dvdrewritable

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Bitcoin price is extremely volatile it can be changed within a moment though the price of bitcoin looks stable now. Nothing need to worry as we know nothing is perpetual in this crypto world so bitcoin will rise soon with a huge price. So stay calm and quiet for the next bull run scenery.

rez303

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Quote from: bosta20 on November 11, 2018, 09:47:18 AM

Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

The market has changed the way it works and now the bitcoin is not volatile. It seems it is waiting for a strong pumping in 2019. Now we can not trade day at bitcoin to make money anymore. We need a better strategy. I think long-term investment is excellent.

Victorycoin

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Quote from: ShadowBits on November 11, 2018, 11:57:51 AM

Quote from: bosta20 on November 11, 2018, 09:47:18 AM

Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

I think Bitcoin isn't that stable right now because it may still go up for a much better price than before, and it would keep on being expensive year by year.

Stability does not mean price would no longer rise or fall, but that those breath taking volatilities may be behind us now and to that, I find it hard to accept. What's going on is that the market is undecided for now and there're not much bulls or bears, but by the time they find a reason to jump back into the market, volatility will set in again.

herurist

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Quote from: bosta20 on November 11, 2018, 09:47:18 AM

Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

Stable is good sign for invest but you should have patience in this situation. Many people still believe in crypto, they replace and hold for XRP, LTC and DASH in long term period. You have faith and good calculation about USDT just try it but remember about money management. This knowledge will safe you from bigger loss.

Kotone

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Quote from: bosta20 on November 11, 2018, 09:47:18 AM

Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

It will never be a stable coin unless it has gained the mass adoption we wish to be. It's really hard to achieve since one of the many reasons it couldn't is volatility. how can merchants use it if it has that kind of swing intraday. But let's just wait and see.

Dondont

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Quote from: bosta20 on November 11, 2018, 09:47:18 AM

Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

USDT is another form of existing USD, which is why USD tends to be stable towards its pair, not only large coins, tokens / coins that are just released from the ICO stage that have a pair with USDT can be quite stable, but in this case the token / coin it will also be very difficult to rise in price, then later because the current project whose results are declining in interest, the price also starts to tend to fall. It's better to trade in a market that has a large volume and also guaranteed security

akiho yoshizawa

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for now, bitcoin still continues to stay at a price of around $ 6300- $ 6500 and it can be said that it is indeed stable, but if the bullrun time comes, I'm sure bitcoin will return to high prices.

kidflash

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I think many buyers and sellers are balanced, so prices stabilize. Stablecoin brings some initial crypto potential into a broad view.

rodskee

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Quote from: bosta20 on November 11, 2018, 09:47:18 AM

Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

Gladly i am happy for bitcoin stay price strong even if their value aren't increasingly
The important here is bitcoin stop down fall their price at the marketplace
This sign showing bitcoin become has have possible to increase their price aoon or next year 2019

Cryptopher

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Keep it dense, yeah?

Relatively speaking it is in a stable phase. That will change, sure enough...

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