Bitcoin price stabilizes? - page 22.

mriansa

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Quote from: Cryptodiscuss on February 12, 2018, 10:53:02 AM

Bitcoin fell 70% from 19500$ peak and negative headlines had wiped out billions in value in cryptocurrencies,
But top U.S. regulators testifying before a Senate committee called for greater oversight, without proposing industry-killing measures.
That was something different from crackdown on crypto that hapened in asia, and created picture of stable asset from Bitcoin.
That news gave enough positive momentum for traders to continue investing in cryptocurrencie market and Bitcoin, and returned more than
100 billion $ back in crypto market, as we can see in the last week.

Something that can give us a little more volatility in price is Chinese New Year celebrations for the Year of the Dog begin in China
and follow across much of Asia, including Hong Kong, Taiwan, Singapore, Malaysia and Indonesia.
Chinese mainland markets are closed Feb. 15-21.

hahaha honestly you say there is a point and most traders players are china people who are definitely when their chinese new year needs a lot of money and make them sell the coin they have and you should not worry because it is certain they will recover the price back up when in the middle of this year.

Arlibtchunt2018

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Quote from: Cryptodiscuss on February 12, 2018, 10:53:02 AM

Bitcoin fell 70% from 19500$ peak and negative headlines had wiped out billions in value in cryptocurrencies,
But top U.S. regulators testifying before a Senate committee called for greater oversight, without proposing industry-killing measures.
That was something different from crackdown on crypto that hapened in asia, and created picture of stable asset from Bitcoin.
That news gave enough positive momentum for traders to continue investing in cryptocurrencie market and Bitcoin, and returned more than
100 billion $ back in crypto market, as we can see in the last week.

Something that can give us a little more volatility in price is Chinese New Year celebrations for the Year of the Dog begin in China
and follow across much of Asia, including Hong Kong, Taiwan, Singapore, Malaysia and Indonesia.
Chinese mainland markets are closed Feb. 15-21.

This could be a fact. But I guess there is also manipulation happen that time. The sign of stabilizing is indeed showing and the market now is more promising than last months struggle.

ferdaus

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When bitcoin price is stabilized! right to say is very difficult. It is dependence on Bitcoin users. Bitcoin supply is limit so when Bitcoin demand increases then bitcoin price increasing. So it very hard to say when Bitcoin price stabilized.

elloco4ever

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Quote from: jvper on February 24, 2018, 09:52:07 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.

jvper

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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.

Dudeperfect

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Since we live in the world of 24*7 accessible global market, I am not expecting stability at least in the cryptocurrency market anywhere in next 5 to 10 years. We will experience many bull and bear runs in the price and price might even remain stable for some weeks but on a larger scale, I don't see any sustainable stability even today.

Morning honor

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Xircus

Quote from: arditiyan on February 12, 2018, 12:39:53 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

I will agree that the price for bitcoin now was started to stabl3 unlike for the last few weeks that is really down..This is the reason that all of us makes happy.

Tom Korsteng

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Bitcoin price is unpredicted and it depends not only investors that buy it but bitcoin can become zero if all governments forbid it that's why only national cryptocurrency can survive if that currency will be created by governments.

raven7886

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Quote from: Dux2K on February 22, 2018, 07:06:59 AM

Quote from: Harlot on February 21, 2018, 11:30:24 AM

Quote from: Britanshio on February 21, 2018, 05:00:27 AM

Quote from: Anteros on February 12, 2018, 04:54:14 PM

I think that the price has already stabilized and there will be further growth.

Yeah you make sense Its because people involve bitcoin was continue to grow and this is the reason that the bitcoin was stable.We should be positive for bitcoin so that we always push it to make the bitcoin continues to rise.

Bitcoin's price will never be stable let us accept that fact as it won't change even if the government will regulate it. As long as the market it dominated and controlled by whales we won't see Bitcoin become stable as they are the primary movers of it. It is not like a stock of a company where the biggest portion is being owned by the company itself, the public float for a stock company is lesser than 50% while in Bitcoin most of the controlled position is from rich whales, that is why Bitcoin moving in thousands of dollars in terms of value.

In long term bitcoin price will never be stable but in short one price can be stable. Look at the current market price everything is almost stable with small price change in both up and down. This is stable price and in short term this represent stable one. But it we look in year graph then price is highly variable in all fields and we saw this last year when price went 20x times high then in start of the year.

As long as demand keeps increasing, I expect the value of bitcoin to keep going up and same applies to increase in supply and downtrend.

Bitcoin though still have a lot of room to grow and with the development that could generate more interest and adoption, I totally believe in more bullish moves ahead for bitcoin. I can relate with the consideration of a stable price comparing to the uptrend and downtrend anyway, but one way or the other a decision will still have to be made soon.

Maddinson100

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Quote from: Ukaraki on February 22, 2018, 08:32:51 AM

Quote from: Cryptovirtuosity on February 12, 2018, 12:01:40 PM

Nobody knows; it's true, it seems stable, but this stability is +-5% daily, that for another currecy would be an extreme volatility.
We'll see.

Many say that Bitcoin has a future of development and that it will soon be accepted in many countries, and there are more investors interested in Bitcoin than in the future, I think there will be more people investing in Bitcoin in 2018

Yes bitcoin is the future maker and in future bitcoin will be high and unique currency that will make people rich. People are investing more and more in bitcoin because now bitcoin has become very popular and it is being use by ever second person, because super markets are now accepting bitcoin payment so they find it easier and convenient to pay the bills using bitcoin. 2018 will make price of bitcoin go higher and it is supposed cross 30k this year I think, no stability in price can be more than this as well.

richardsNY

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Quote from: flower1024 on February 23, 2018, 01:36:43 PM

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.

Good news doesn't impact the price anymore, and it is like that since waaay back (2013-2014'ish times). Negativity however still impacts the market, which is funny and quite pathetic at the same time. And yes, main reason the mainstream media is able to affect this market is because of how ignorant and lazy people are. If you even invested a few minutes of your time to research the subject of an article, it more often than not will result in some interesting facts that the article is trying to hide, or trying to bend so that you consider it to be negative. Ignorance is the root of all problems here, that's for sure.

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Quote from: flower1024 on February 23, 2018, 01:36:43 PM

Quote from: Dux2K on February 23, 2018, 06:29:14 AM

Quote from: crocozino on February 23, 2018, 04:38:50 AM

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

Arngrim

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And now it has come to this.
News really affects a lot specially when you are holding a lot. Sad

It is hard to get a grip of something when you it is falling which could have been a profit from there.
2k lost again in just a snap. Why now it is hard to make it higher while the downside can make impact in just an instant.

flower1024

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Quote from: Dux2K on February 23, 2018, 06:29:14 AM

Quote from: crocozino on February 23, 2018, 04:38:50 AM

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.

naidray

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Quote from: elwiswoodie on February 22, 2018, 07:56:59 PM

If the price is compared to altcoin, then the answer is yes. Bitcoin is more stable than altcoin

But the Bitcoin price is never stable when compared to the FIAT currency

Fiat is controlled, so you cannot compare a decentralized market to a centralized market and that is what makes the idea of cryptocurrency fun anyway.

With bitcoin leading the market almost 99% of the time, except for some few altcoins that may get pumped, BTC has shown huge sign of strength with a lot of altcoins being affected with her price action. For those who may love trading though, trading against fiat really makes a lot of sense considering the price fluctuation of the general market.

Dux2K

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Quote from: crocozino on February 23, 2018, 04:38:50 AM

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.

serjent05

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Quote from: crocozino on February 23, 2018, 04:38:50 AM

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...

Bitcoin price had never been stable, I do agree that the price of bitcoin fluctuates wildly, though somehow, the fluctuation range stabilizes . Probably that is OP wanted to convey. Though I believe that from here there is no other way for Bitcoin but to increase in price. FUD effect is somehow gone now and a new phase of bitcoin is starting, that is bitcoin being bullish. So I believe that Bitcoin will start to recover its price soon.

crocozino

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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...

p i e c e

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Quote from: Cryptodiscuss on February 12, 2018, 10:53:02 AM

Bitcoin fell 70% from 19500$ peak and negative headlines had wiped out billions in value in cryptocurrencies,
But top U.S. regulators testifying before a Senate committee called for greater oversight, without proposing industry-killing measures.
That was something different from crackdown on crypto that hapened in asia, and created picture of stable asset from Bitcoin.
That news gave enough positive momentum for traders to continue investing in cryptocurrencie market and Bitcoin, and returned more than
100 billion $ back in crypto market, as we can see in the last week.

Something that can give us a little more volatility in price is Chinese New Year celebrations for the Year of the Dog begin in China
and follow across much of Asia, including Hong Kong, Taiwan, Singapore, Malaysia and Indonesia.
Chinese mainland markets are closed Feb. 15-21.

I think that the price of Bitcoin about 10000USD is quite normal and adequate in addition to the position of this currency on the market. If the price will go up much further then I suppose it will fall back.

Martinkuhn

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0xf54CA5618b90810722B0e833DC150a97743A40B4

Stabilization of Bitcoin price will be a long way off. It will continue to be volatile until all the major governments in the world have decided on their regulations on cryptocurrencies.

Once this uncertainties have been cleared up, it will be easier for BTC to find its true price. But i suspect there will still be volatility even when that happens.

But this is the beauty of the game and how millions can be made. If there is no volatility, there wont be any traders who will be interested in this market and we wont see enough interest in this market.

Volatility is a double edge sword.. so for those we can live with this volatility, we will surely be rewarded in the future. HODL..

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