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Topic: Bitcoin price stabilizes? - page 24. (Read 3541 times)

member
Activity: 350
Merit: 10
TRONscratch.com
February 20, 2018, 08:05:01 PM
#88
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.


It is already the comeback of BTC. The price already climbing steadily and hit the 11k mark which is good sign for us. The economic change due to the closing of large countries maker network. Still BTC stand in and closing the expectations of traders and investor.
full member
Activity: 588
Merit: 100
February 20, 2018, 06:45:34 PM
#87
there will continue to be price volatility because bitcoin has a major impact on world investment.
crypto can destroy any other valuable asset until it reaches its highest point and nothing will prevent it.


Absolutely, bitcoin price will never be stabilizes in any moment this is what became famous on its own being volatility. Even if the government will accept the legality of bitcoin world wide there is big impact in economic stability that surely be difficult to adjust.

some states of the government manually adjust the exchange rates, so you only imagine what will happen if the levers of management in the crypto-currency will take power in one of the countries. I think that the implementation of crypto currency is out of the question.
full member
Activity: 238
Merit: 100
Janinjo tips
February 20, 2018, 05:19:59 PM
#86
Bitcoin price will never be stable. There are too many speculations involved. Price will change forever. Also, daily fluctuations are too big for BTC to become stable.
full member
Activity: 798
Merit: 104
February 20, 2018, 05:16:50 PM
#85
there will continue to be price volatility because bitcoin has a major impact on world investment.
crypto can destroy any other valuable asset until it reaches its highest point and nothing will prevent it.


Absolutely, bitcoin price will never be stabilizes in any moment this is what became famous on its own being volatility. Even if the government will accept the legality of bitcoin world wide there is big impact in economic stability that surely be difficult to adjust.
newbie
Activity: 126
Merit: 0
February 20, 2018, 04:31:44 PM
#84
there will continue to be price volatility because bitcoin has a major impact on world investment.
crypto can destroy any other valuable asset until it reaches its highest point and nothing will prevent it.
legendary
Activity: 2576
Merit: 1655
February 20, 2018, 04:07:23 PM
#83
right you are. Popularity of the crypto creates a bigger demand on it. Currently Bitcoin will show its extremely volatile nature partially because it is not accepted as a medium of exchange by the  majority people in the world. But I do believe its  popularity in public will also increase during the whole pumping period. This will make a more stable demand  in btc.

No. Bitcoin price will never stabilizes and the more demand the higher the price fluctuates. That's why it was never accepted by most merchants anyways, because of its price volatility.

Well we should look at the bright side of its volatility. Traders exploit it and make money by day trading. And we have to accept that volatility is one nature of bitcoin. As much as we want to see it becoming a mode of payment, it will never be because its very unstable.
full member
Activity: 346
Merit: 103
February 20, 2018, 03:32:46 PM
#82
Prices are fluctuating due to many factors such as demand and supply, so it can't be predicted nor it can't be guaranteed to be stable for the next few days or months but as per the news said about it, We can see the possibility for recovery anytime soon, we just have to wait. compared to the past weeks bitcoins are a lot better now. The market has find its way to be on track again, and so this should be a sign for traders to go and continue their investments.
Bitcoin faces a lot of factors which affect its price value wherein we can't totally say that it will stabilize. Just like you said about supply and demand, this will cause the fluctuation which breaks the rule of stabilization. Maybe we can say that it is recovering now from being down because we see its value has been improving. So, we must continue to support crypto and always trust its power.
Bitcoin is always on the process of changing it's value because of the demand and supply of users ofor cryptocurrency and i must say that it will not stabilize because of this law of demand and supply that will always happen. But we can consider this rise of price as the rise from it's fall. Because in every fall, there will always be rise.
legendary
Activity: 1526
Merit: 1001
February 20, 2018, 02:24:41 PM
#81
bitcoin will never stabilize as long as the market is having supply and demands.
bitcoin depends on the people needs and sell out until this not control bitcoin will continue to fall and rise in the market.
the bigger the amount you have in the market the more power you have on the price. PROVEN!
sr. member
Activity: 1491
Merit: 320
🐪
February 20, 2018, 12:16:14 PM
#80
right you are. Popularity of the crypto creates a bigger demand on it. Currently Bitcoin will show its extremely volatile nature partially because it is not accepted as a medium of exchange by the  majority people in the world. But I do believe its  popularity in public will also increase during the whole pumping period. This will make a more stable demand  in btc.

Yes, there is sometimes drop in popularity because of negative media attention which can lead to panic between new users. But after every fall cryptocurrencies rise.
full member
Activity: 686
Merit: 125
February 20, 2018, 12:09:24 AM
#79
No it wont, the bitcoin price wont stabilize because it is still growing and there are lot of potential investors that could change the bitcoin price. Through intensive campaign then the price would definitely go high. Its price will move from time to time depending on how investors put their money in buying bitcoin. Probably now, we can say that price is stabilizing ranging from a certain price yet we have to be patiently waiting and its just a matter of time that bitcoin price will go high.  Again we only have to intensify the campaign and get those potential investors.
member
Activity: 195
Merit: 10
February 20, 2018, 09:11:43 AM
#79
right you are. Popularity of the crypto creates a bigger demand on it. Currently Bitcoin will show its extremely volatile nature partially because it is not accepted as a medium of exchange by the  majority people in the world. But I do believe its  popularity in public will also increase during the whole pumping period. This will make a more stable demand  in btc.
legendary
Activity: 1022
Merit: 1000
Blocklancer - Freelance on the Blockchain
February 19, 2018, 01:14:04 PM
#78
Im also sure that we are in stable price range. Also think we will finally see some better news and that we could see some better price in this year. Or this year will be price stable range from 10-14k.
hero member
Activity: 1582
Merit: 523
February 18, 2018, 07:35:11 AM
#77
seems that the price of the bitcoin is going up for sometime now. I think that it is safe to assume that bitcoin is now over with the dip
Yeah, its getting stronger every day as the prices in coinmarketcap are mostly at green. It seems that the bitcoin will attract new buyers in this situation. A very favorable to those who hodl as this trend will continuously increasing in the following months.
For now bitcoin is on stage of rising the value it has less fuds that keep price into going down. It is not stabillizes because market is very active. Yes we observe the market on a green mode. Hence, this time I am postive bitcoin would be heading to go up the value.
member
Activity: 322
Merit: 10
February 17, 2018, 11:50:47 PM
#76
seems that the price of the bitcoin is going up for sometime now. I think that it is safe to assume that bitcoin is now over with the dip
Yeah, its getting stronger every day as the prices in coinmarketcap are mostly at green. It seems that the bitcoin will attract new buyers in this situation. A very favorable to those who hodl as this trend will continuously increasing in the following months.
member
Activity: 350
Merit: 11
February 17, 2018, 10:49:35 PM
#75
every 10 minutes, there are 25 Bitcoins that are born from the system. If the amount is multiplied by the total of minutes within 24 hours, then there are 3600 new Bitcoin circulating in the world market circulation (meaning worth 1.5 million US Dollar!). In a day, the market should be able to 'absorb' all the Bitcoin if it does not want the price of Bitcoin plummeted. When the price of Bitcoin is stable, it means that the purchasing power of the world to Bitcoin is high, since it has at least succeeded in offsetting the supply of 3,600 new Bitcoins emerging from the system plus the amount of Bitcoin sold by users around the world.
newbie
Activity: 126
Merit: 0
February 17, 2018, 10:36:20 PM
#74
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.

Bitcoin price Is not stabilizes because  it prices like a hammer a  Ferris wheel  riders not so permanent it change timely
hero member
Activity: 826
Merit: 529
February 17, 2018, 09:49:49 PM
#73
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.


Your post is really an information regarding this crypto world and Bitcoin. I think in this platform Still China is playing an important role. we have seen when the Chinese government states to this virtual platform then the price is going down so it's undeniable that Besides Korea and Japan, China is one of the most influential countries in this platform.

I believe that day by day Bitcoin market is spreading out and people are getting involved in this platform for trading and investment. that's why this virtual monetary system will last a long time and it will dominate in the future market.
newbie
Activity: 238
Merit: 0
February 17, 2018, 09:40:03 PM
#72
seems that the price of the bitcoin is going up for sometime now. I think that it is safe to assume that bitcoin is now over with the dip
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
February 17, 2018, 09:03:52 PM
#71
As of now the price of bitcoin is getting stable at the price more than $10,000 we can see that the price of bitcoin is now moving up and it is really going to the top and aim a price that is higher than the recent all time high and that was $20,000 and i really hope that this year will give bitcoin at least $30,000 price so more people will get attracted to bitcoin and give more demand for the market.
hero member
Activity: 1414
Merit: 505
Backed.Finance
February 17, 2018, 05:49:10 PM
#70
To be honest Chinese will always find another way to have crypto and to transfer cryptos to bank account. This is not problem for anyone but this news really hit big time crypto and now we finally see some price recovery after long time. Maybe this is nothing but we see some small price improvement every day and think we will have this tread troughs whole this year.

Yes I find it too that seems we are on the recovery and I hope supports stays at $10,000 dollar or higher. I dont think this is only temporary after the Chinese New year.Bitcoij suffered so much that it even lose 50% of its vavlue from its highest price. Its a sigh of relief seeing its recovering now.
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