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Topic: Bitcoin price stabilizes? - page 25. (Read 3541 times)

sr. member
Activity: 518
Merit: 257
February 17, 2018, 05:40:15 PM
#69
Everything Seems to be settled now...no more FUD's. Crypto market is all green and trend remain to be positive from last few days. We can expect +/-7% price improvement every day. Expert says bitcoin will soon cross $20K level and set new all-time high record soon. Hope that everything remains to be positive and no bad news arrives now.
legendary
Activity: 1022
Merit: 1000
Blocklancer - Freelance on the Blockchain
February 17, 2018, 04:13:53 PM
#68
To be honest Chinese will always find another way to have crypto and to transfer cryptos to bank account. This is not problem for anyone but this news really hit big time crypto and now we finally see some price recovery after long time. Maybe this is nothing but we see some small price improvement every day and think we will have this tread troughs whole this year.
sr. member
Activity: 868
Merit: 266
February 17, 2018, 03:30:30 PM
#67
Bitcoin fell 70% from 19500$ 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.

Considering that the Chinese have banned bitcoin completely in their country, I really don't think that the Chinese New Year is going to have a very positive outcome on the value of Bitcoins at all.
member
Activity: 518
Merit: 10
February 17, 2018, 03:02:35 PM
#66
Christopher Giancarlo, chairman of the Commodity Futures Trading Commission (CFTC) believe that blockchain technology is future.
When Senator Shelby asks what determines the price of bitcoin, market or what, and where is the bottom of price - man don know what is Proof of Work, and Giancarlo knows,
and answer him that bottom is price of that PoW. And we know he is right. If we forget that sometimes, just remember that there are masive Btc farms that are mining, selling
and accumulate for years now. And owners of that farms are Bilionares now, and they can defend that price and their investment. They would newer let Btc price go under price of PoW.

And yes, US Senate learned what "HODL" means - Giancarlo explained Grin Cheesy
full member
Activity: 354
Merit: 100
February 17, 2018, 10:48:42 AM
#65
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.

So, it means that after Chinese New Year maybe the price will go high again? Is it like that? Well, if that so, what will the next the rumors are there is another fork on March 5. Let's expect bitcoin will go up again, hoping.
Yes I dtill believe that the appearance of bitcoin having the big amount than any other cryptocurrencies will comeback and hopefully it will achieve again the twenty thousand dollars valuw per bitcoin. Expect that it will happen this year because the knowledge about bitcoin is still spreading all arpund the world.
member
Activity: 252
Merit: 10
February 17, 2018, 09:04:02 AM
#64
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.

So, it means that after Chinese New Year maybe the price will go high again? Is it like that? Well, if that so, what will the next the rumors are there is another fork on March 5. Let's expect bitcoin will go up again, hoping.
newbie
Activity: 98
Merit: 0
February 17, 2018, 08:53:41 AM
#63
all hope the bitcoin value continues to stabilize, and the value of this week looks good,
Bitcoin has been favored by local and international investors,
Bitcoin users in the market,
I personally often see Bitcoin as an investment tool with very high fluctuations,
But it is difficult to determine the level of stability because the market is so unpredictable that it can change in a minute.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
February 17, 2018, 08:21:39 AM
#62
Still not stagnant in my opinion. Being stable means no movement at all. Since its market value is now increasing, it practically shows that it is not stable. But mgood thing is that, increase is obviously a good thing than to what happened lately which is a total market downfall. Hopefully, on the following months for Bitcoin, good things will continue to come.Stability is quite impossible since Bitcoin is volatile and fluctuations are always expected.
full member
Activity: 644
Merit: 113
February 17, 2018, 06:48:43 AM
#61
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 don't know what is the basis of your stabilization. I feel like, Bitcoin wont get stable unless majority of the people already into it. Bitcoin might still reach 19500$ and get even higher, its value wont determine whether it is stable or not. Its popularity and demand will only determine whether it is  on its stable state. As long as bitcoin is on unrecognized by many, it will never be stabilized.
sr. member
Activity: 1274
Merit: 278
February 17, 2018, 06:29:26 AM
#60
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.

Its market value is now continuously increasing. Well, it is a bit stagnant at this moment because backdrops are lesser to happen at this moment. Maybe it is because recovery have just started. If this scenario will be continuous, there's a probability that its market value at its peak last year will fully recover. So for now, invest and hold.
member
Activity: 490
Merit: 10
Platform for Cross Chain Fundraising
February 17, 2018, 04:33:24 AM
#59
We all hope that bitcoin value to be stabilized, and the value this couple of weeks looks good. But its hard to determined the stability rate since the market is very unpredictable it can be change in a minute.

It's hard to predict the stability of bitcoin. The value of bitcoin in the market is changeable. It goes up and down, which we don't need to worry because it is normal in the world of business (Bitcoin). If time comes that bitcoin will acceptable to all country, it will helps us because it is hasslefree, it is more on online transactions.
legendary
Activity: 1652
Merit: 1057
February 17, 2018, 02:12:36 AM
#58
I think this stability will not last for long time and prices will surge soon.
As you mentioned many factors caused this temporary stabilization because bitcoiners are afraid and they do not buy or sell, we don't see a big traffic as usual.
Every one is waiting for things to be more clear before making any move.
I am really banking on that. What is going on with the market is normal after a long FUD and downtrend with a break of every trading analysis and most traders just dusting their boots and going on compulsory vacation. No one knows yet if the market downtrend is over, and even though we have bullish signals, the moneys are scared to come into the market, but I really hope we get some little bit of spark in the market soon though to alleviate buying momentum.

For now I think bitcoin is a bit stable. Banning and other negative issues had been overcomed by the trust some company gives by supporting the use of bitcoins and the legalizing of bitcoins in some countries lessen the fear of bitcoin holders. I think bitcoin prices will be going up again.
There is even nothing to fear, although the market showed some new investors on how volatile the crypto space can really be. Hopefully, we get to test back the previous tops, but if at the end of it all, the market decides to get some stability, then let's see how that works for the meantime, probably that would be some good time to use some of the alts to get more bitcoin while we have a little bit less volatile bitcoin.
member
Activity: 518
Merit: 10
February 15, 2018, 02:59:31 PM
#57
Bitcoin address 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64 purchased $350 million worth of Bitcoin from 2/09/18 through 02/12/18 - adding 41,288 coins for a total of 96,650 coins worth around $1,000,000,000 at curent price ($10,200).
First purchase from that adress was in 11.17 so if someONE is ready to put bilion $ in Bitcoin only (who knows how much in alts) trough such a big dip, I think we are geting big investors who will be first wall of defence from future dips.
sr. member
Activity: 700
Merit: 350
Betting Championship betking.io/sports-leaderboard
February 15, 2018, 07:45:36 AM
#56
I don't think that there will be stability in the price of bitcoin market as every day new user's are entering the bitcoin market and the word of bitcoins is reaching far and wide like a wind

I don't really think this is the case right now. Although we will of course continue to see big volatility, specially if we compare crypto to other markets, I do think we will not see any drastic increase, or decrease in prices like we saw last year. Unless of course, there are news behind those moves. Bitcoin already hit awareness, and people that wanted to invest in it, already did so. The only exception are institutional investors, but those will only arrive in masses when we have ETFs.

Retail investors will only arrive in masses again, when we have the lightning network working, and we see bitcoin getting support in places like amazon, or shops all over the world. The same thing goes, if we hit bad news that could generate fud. Until any of those things happens, bitcoin price should remain stable in my opinion (close to stock markets). Only being more volatile, because it also has less liquidity.

full member
Activity: 395
Merit: 100
February 15, 2018, 07:28:04 AM
#55
I don't think that there will be stability in the price of bitcoin market as every day new user's are entering the bitcoin market and the word of bitcoins is reaching far and wide like a wind which is the reason for many user's entering the crypto market and causes for the rise in the price of bitcoins due to high demand for bitcoins and there are only limited number of bitcoins of 21 million in the crypto market after mining all the 21 million crypto coins due to high and no supply the value or the prices keeps on shooting and as it is a decentralized network no one has the control over the bitcoins network. Like in normal financial markets the price of bitcoins will have a hike and a drop in the market then after correction the prices will start to recover as we can see bitcoins started to recover from the dip in the market.
hero member
Activity: 966
Merit: 517
February 15, 2018, 06:16:16 AM
#54
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.
I believe the reason for the price being stable is because market is yet selling, buyers are taking a break I guess. But this won’t be for long, cause price doesn’t fluctuate all the time and it also doesn’t stay stable all the time. Even when the price downed to $6000 it stayed stable for some time, then got up to $7000 plus and from $7000 it went up to its current rate.So this will also not be for a long time, it will fluctuate again, and I believe it will be rising and not going down until it reaches another all time high rate.
sr. member
Activity: 392
Merit: 250
February 13, 2018, 05:54:29 PM
#53
Yes.After SEC's positive sights over cryptos,crypto market turned to be bullish and prices started to increase once again.However due to chinese new year,there seems to be a slight halt in crypto prices.But soon after the festival occasion,once again the prices would roar.
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
February 13, 2018, 04:06:48 PM
#52
Bitcoin fell 70% from 19500$ 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 dont think that investors will stop investing in bitcoin or cryptocurrency even when there are negative feedbacks about it. The reason i know is that cryptocurrency is the same as before, the volatility are high and investors are getting used to it. Chinese new year would definitely affect the pricing of cryptocurrency since many chinese will focus on their celebration and shutdown trading in a period of time.
sr. member
Activity: 462
Merit: 515
February 13, 2018, 03:54:16 PM
#51
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.

If you ask whether Bitcoin price is actually going to stabilize, then I don't think it is very likely. No matter what Asia does or even US Senate proposes, Bitcoin will remain highly volatile. No decision will turn it from a speculative asset into a real world currency but until then we will see huge price swings. In a nutshell, when you think the price change slows down a little, you are probably about to experience a big move, either up or down. It has been so for years, and it will remain so for years to come.

You'd better get used to it.
member
Activity: 276
Merit: 11
February 13, 2018, 03:44:25 PM
#50
Stable Bitcoin is what we all expect. But we never know when bitcoin moves. It may be slow. fluctuations make the eye that bitcoin prices are currently stable. This could be to attract investors. We do not have to rush to sell it, keep on with it and add it
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