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Topic: Bitcoin price stabilizes? - page 21. (Read 3524 times)

member
Activity: 308
Merit: 10
February 25, 2018, 12:21:08 PM
what we we miss is also another issue, what made the rise of the overall market ? I mean how btc rose suddenly within weeks from 6k to 20k and this decline was not a surprise because the rise was not healthy. If we exclude this things than we can say that the price is already stabilized in the range of 9k and 11k which for crypto world is a normal thing.
member
Activity: 273
Merit: 10
February 25, 2018, 12:17:04 PM
I think the current price is stable, although there are still many who wait will be able to value $ 9000 even more in the near future, but it seems still need some correction to get the number, i hope it soon

currently the value of bitcoin in my opinion has started to stabilize compared to last week, but it is still possible that the value of bitcoin will rise again at the beginning of March, because I see the current bitcoin has started up even though still not significantly
I agree with you dev, bitcoin prices are getting better and getting stable. if this continues to happen then it is not impossible at the end of 2018 bitcoin prices can soar.
hero member
Activity: 1302
Merit: 540
February 25, 2018, 12:08:28 PM
Bitcoin prices are hard to stabilize. Daily price fluctuations according to market movements. At the height of the rise, it descends quickly. I also want the bitcoin market to be stable so people can invest and get richer.

I agree fluctuation is for all currency and cryptocurrency but lately the range of fluctuation of Bitcoin is somehow staiblizes, though I saw a recent drop in Bitcoin price.  It is really hard to predict Bitcoin movement.  We are all into thinking of the bullish phase of Bitcoin but now.. we can see it going down again.
Well even seeing some downfall I think it can be supported from this level, the value seems  to be gaining some good support level and even fluctuations are present its not that much unlike last month, we might see some stabilize position and much better to keep holding or if possible to buy more while waiting for another bullish market.
newbie
Activity: 112
Merit: 0
February 25, 2018, 11:59:58 AM
Bitcoin has gone up to $ 10,350 on February 18th, Bitcoin has been raised to $ 11,050, recorded 5 percent daily profits, positively influences the entire market with its speed. Many investors have probably started investing in the Bitcoin market of FOMO, or are likely to be missing, the last Within a few days it has continued its upward trend. Markets like South Korea and Japan tend to move by the word of mouth and, for example, FOMO mostly triggered strong volume in the Asian market. Shosun, another mainstream media channel in South Korea, noted that Bitcoin has created elasticity in the past month, and Kimchi Premium has started to appear again, more investors As the cryptocurrency again started to enter the market.
sr. member
Activity: 1190
Merit: 253
February 25, 2018, 10:14:02 AM
Bitcoin prices are hard to stabilize. Daily price fluctuations according to market movements. At the height of the rise, it descends quickly. I also want the bitcoin market to be stable so people can invest and get richer.

I agree fluctuation is for all currency and cryptocurrency but lately the range of fluctuation of Bitcoin is somehow staiblizes, though I saw a recent drop in Bitcoin price.  It is really hard to predict Bitcoin movement.  We are all into thinking of the bullish phase of Bitcoin but now.. we can see it going down again.
sr. member
Activity: 630
Merit: 250
February 25, 2018, 09:48:52 AM
Bitcoin prices are hard to stabilize. Daily price fluctuations according to market movements. At the height of the rise, it descends quickly. I also want the bitcoin market to be stable so people can invest and get richer.
member
Activity: 336
Merit: 10
Harmony for One and All
February 25, 2018, 09:19:20 AM
In the mid term i think bitcoin will be stabilize is just common sense of bitcoin activty in middle of the year
jr. member
Activity: 317
Merit: 1
February 25, 2018, 09:11:55 AM
I think the current price is stable, although there are still many who wait will be able to value $ 9000 even more in the near future, but it seems still need some correction to get the number, i hope it soon

currently the value of bitcoin in my opinion has started to stabilize compared to last week, but it is still possible that the value of bitcoin will rise again at the beginning of March, because I see the current bitcoin has started up even though still not significantly
newbie
Activity: 153
Merit: 0
February 25, 2018, 09:03:01 AM
Currently bitcoin prices tend to be stable and I think there are several factors that make the bitcoin prices look stable is the imposition of fees charged on China's state bourse market and of course this causes a decrease in trading volume of crypto currency. but this can not be a gauge that the bitcoin volatility will continue to be stable because until now there has been no accurate prediction of bitcoin price stability.

Yes true, no one really knows bitcoins stability. Its price is like roller coaster sometimes it ups and sometimes it down. We should strive harder for the bitcoins popularity to invite more interested and willing to invest bitcoin. Traders also should work harder to increase its demand that causes its value to rise up. Its just a matter of demand and supply of bitcoins, the more investors, the more trading transactions will happen and that would make bitcoin's price go up. Its really hard but challenging bussiness here in crypto currency but just like any other successful people they were also striving hard to get what they want.
member
Activity: 308
Merit: 17
February 25, 2018, 07:26:58 AM
Currently bitcoin prices tend to be stable and I think there are several factors that make the bitcoin prices look stable is the imposition of fees charged on China's state bourse market and of course this causes a decrease in trading volume of crypto currency. but this can not be a gauge that the bitcoin volatility will continue to be stable because until now there has been no accurate prediction of bitcoin price stability.
full member
Activity: 420
Merit: 100
February 25, 2018, 05:50:55 AM
I think bitcoin will stabilize its price in the middle of this year because we know bitcoin graph and bitcoin movement in trigger of request and from getting bitcoin which is getting harder.
sr. member
Activity: 644
Merit: 263
February 25, 2018, 04:46:26 AM
Sadly we are again fluctuating a lot this time. The time when we thought that bitcoin will regain its dominance then sooner it started falling back to the earth. Lolz. Now I am pretty sure that bitcoin is most unpredictable thing and what could I say it is very very delicate.

The bitcoin is thing which can crack the shells of egg at anytime and might fall down.  Tongue

It might be hard to say at anytime bitcoin will stabilise in the price. I think we should let it be the way it is. This is all because of its decentralisation. The public ledger will keep fluctuating like this always. It’s good though.
full member
Activity: 420
Merit: 101
February 25, 2018, 04:45:02 AM
NO, bitcoin will never be stable unless being mined, all of it and demand for it will no longer a factor that can greatly affect its price. As of now the price of bitcoin has a lower volatility i guess as it is playing around $8000 to $10000 which i think not a possibility of being a stablize price of it. Time will come that the bitcoin's price will be stabilize but will soon go down as it will be converted into virtual money.
newbie
Activity: 104
Merit: 0
February 25, 2018, 04:36:25 AM
No one knows if its already stable . if it will go down or go up high . let's see if by the end of march it still in the same price so we can say its stable. But its now +5% everyday . so will see!
member
Activity: 518
Merit: 10
February 25, 2018, 04:13:57 AM
Bitcoin price is stable, and I think it will have slow but steady growth in this year, but when ETH go over Bitcoins market cap, and that will happen in this year, time will come that BTC price wont be the main thing that decide are we in bear or bull market.
member
Activity: 406
Merit: 11
February 25, 2018, 03:25:06 AM
If Bitcoin price stabilizes the craze for it will stop and the demand will be zero. I think there wont be situation like price stabilize for any volatile currency, even share market which is existing for a decade has price fluctuation. Hope Bitcoin or any crypto price will get stabilized, may be it will trend in a particular price gap.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
February 25, 2018, 03:16:40 AM
The price is a bit more stable because there are less rumours at the moment. As soon as speculation rises we will see big movements again in price.

Yes price is more stable now as you have rightly mentioned that due to lack of rumors which are randomly posted which leads to fluctuations.

I would advice you all to stop reading the reddit channels on bitcoin and crypto. They are full of shills and idiots who are into their own gains trying to pump every other shitcoin. Rumors are spread from there to all other social media platforms. They tend to bend the minds of the new people who are getting into crypto and drag their money to the wrong place.

I think at this time with the cheap price, if you want to get a nice profit, you can invest now in bitcoin, because the future price will be higher than the current price. So you will get many benefits.

What benefits are you going to get? I see this point being reiterated several times by shitposters. There is no benefit of buying btc - other than raising the price and trading profits when you sell.
newbie
Activity: 272
Merit: 0
February 24, 2018, 02:04:08 PM
I think at this time with the cheap price, if you want to get a nice profit, you can invest now in bitcoin, because the future price will be higher than the current price. So you will get many benefits.
hero member
Activity: 854
Merit: 500
Stake & Vote or Become a IoTeX Delegate!
February 24, 2018, 01:49:47 PM
heh from 12 k to 9.5k and then to 10.5k
in a very short time
how can we call it a stabilization?!
I remember when it was like 4-4.2k very long time.. that was a stable time...

Yes that was stable time for long period now its consider when price is in almost same range for weekly level. Price is now very unpredictable and as such its sometimes hard to predict outcome price for next day. Many factor now influence on price and many are using media to place good and bad news about bitcoin and in this way try to manipulate with price. We saw that every time we see bad news price goes down and with good one price recover or go high for the moment.

Yes now the bitcoin price depends on media news if they promote positively the price will increase and if they tell anything negative about bitcoin suddenly it will come down. people will not do any research what media people are telling is right or wrong. they take sudden decisions and it will affect bitcoin price. I think now onwards the bitcoin price will never be stable for a long time.
Not only with bitcoin, everywhere media has got a big power to change anything. As bitcoin is a. Speculative thing, it becomes much easier for media to manipulate as they plan through negative spreading. At present stability gain is taking place to cross the $12000 mark, because for a longer time the price is fluctuating between $10000 - $12000

Media do create both the negative and positive news about bitcoin. I am talking specifically about the social media. It can create and ruin a status intentionally.
Social media is a strong enemy.
member
Activity: 100
Merit: 12
February 24, 2018, 01:37:22 PM
The volatility is because of buying or selling depends on media: news and events.
Right now bitcoin is gaining momentum with legalization in many countries and it is a very long process.
Stability is at least a few years away.
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