Bitcoin price stabilizes? - page 26.

Idrisu

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Activity: 924

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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 believe outside the oversight by the governments regulatory authorities and China and others Asia countries banning of crypto currencies, I believe coins market is still young and it need time in other for its price to stabilize. Many people are coming into the market who has little knowledge on how cryptocurrencies market work and they activities create instability in the market.

akram143

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Quote from: djselery on February 13, 2018, 11:23:58 AM

It seems somehow stable actually , but it is still volatile, and the price is predicted to increase again in the future. I think it will not drop down more, after this period it will keep rising slowly most likely. So I took the decision to keep holding my bitcoins until the price go up again highly.

Bitcoin will not fall down it is just a confusion going on crypto currencies but these problems are almost Clear now so investing on bitcoin is a good choice so we can definitely make a investment now .

BitcoinTurk

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It is very difficult to give a clear answer on this issue because the price of bitcoin is never clear to net estimates. Also, because Bitcoin is not connected to any center, it is not possible to think or determine a stable price. Although the Bitcoin market can be controlled by large whales, it is obvious that these jobs are now difficult, but they are not yet clear to this whale budget.

bitcad4u

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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.

Now the price of bitcoin is stabilized between 8000-8600$ due the fake news from Asian countries.
At this time period Feb 15-21,the price of bitcoin may reach low value.
The people from all countries,use this as best time to inverse in bitcoin.
At this month end the price of bitcoin will reach 15,000$.
So I think this period is best time to inverse in bitcoin.

ovcijisir

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🐪

The price is certainly more stabile then two weeks ago. The start of year was pretty bumpy. From now on I hope all market will go upwards. But it is hard to predict the price.

djselery

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It seems somehow stable actually , but it is still volatile, and the price is predicted to increase again in the future. I think it will not drop down more, after this period it will keep rising slowly most likely. So I took the decision to keep holding my bitcoins until the price go up again highly.

TiffanyLien23

full member

Activity: 350

Merit: 107

Each of us keep on hoping that bitcoin value will be stabilized and feels great that the value within this couple of weeks has been increase but not that much. Steps by step and it really looks good. Even if keeps on increasing, but it hard to determined the stability rate because the price were very unpredictable it can be change in a minute and it may be increase and suddenly decrease again.

JL421

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It has stablised for now but this won't remain permanent there is always something which is going to happen soon the price is stablised just wait it and also i have changed my decision about selling my bitcoin i will wait for the mext move if the price move is positive i will hold else I'm going to buy tron

ivanst776

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Price stabilizes when there are not much buys and sells so the price normalizes.

Carlsen

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Stabelizing in these days means more that the down trend has stopped.
At least for the past five days the movement of the bitcoin price was within a range of about 1000 Dollars.
To me that still sounds pretty much.
I suppose these are good days for traders who can earn with every one of the small upward movements.

icol333

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There's no word such as "stable" for bitcoin, but if you refer that "stable" state as the price range is constantly between those range for a couple day so yes it is that stable. The price is always volatile each time so we don't know when the price will be in a constant state of the price range.
But if we see the history a couple years ago, there's always a chance for the price to be rise again.

Klausi

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Quote from: Dodoymabs on February 13, 2018, 06:22:56 AM

Quote from: Pleione527 on February 13, 2018, 01:06:14 AM

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.

At the moment, bitcoin's price is not yet stable, its really volatile. I can say this because we all know that bitcoin has a limited supply (21M BTC), its stability depends on the demand and supply. We dont have to worry because bitcoin was once lower than a dollar but now as we see you can already trade bitcoin for $8k-$9k and i believe that it is still gowing. This is something that we should be holding on, i cannot guarantee but i am hoping that bitcoin will continue rising if we just keep on supporting in it. Success is yet to come.

Dodoymabs

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Quote from: Pleione527 on February 13, 2018, 01:06:14 AM

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.

gunungkembar

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Activity: 576

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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.

yes you are right bitcoin prices have begun to stabilize we just wait time and latest info from various countries that can affect bitcoin price just to raise the price of bitcoin.

Raindez316

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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 is true since the trend I see in the graph as of the moment is sideways. During this trend a lot of investors and traders are watching the development. The US CFTC comments are really a game changer because it does positive reaction to the crypto investors. A couple of days and crypto will back to normal.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: ajmapalo22 on February 12, 2018, 06:39:23 PM

I think bitcoin price will not stabilize, as I remember during the first quarter of 2017 bitcoin value seems to be stable and not moving then when it reach the second and third quarter it fluctuates until it reach the peak of $19500, and now it seems that the cycle will happen again but it will not result to any stability.

This is not what the OP means to say. It is true that such a cycle has happened and thus the crypto market saw a huge volatile range from 20k USD to now 8k USD and thus many new investors joined and some new investors left while panic selling.

However now the market is partially stable trading around the 8-9k USD mark and not fluctuating beyond this. This will ultimately be disturbed sometime later when whales decide to pump it or dump it. I am expecting a pump to happen around this weekend.

Cryptodiscuss

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

But top U.S. regulators testifying before a Senate committee called for greater oversight, without proposing industry-killing measures.

There is hidden mesage there, if Christopher Giancarlo, chairman of the Commodity Futures Trading Commission (CFTC),
and Jay Clayton, chairman of the Securities and Exchange Commission (SEC) go to congres and blab about more oversight of virtual currencies
and old talks about hacks and ICO frauds and bla bla bla... and do not propose a strict measure on crypto?!?!
Point is if they wanted to crush crypto, I am not saying that they could, but they could kick Bitcoin price back to 2015 in that one testimony!
So why didnt they? In my oppinion there could be many reasons:
- They invested in crypto
- Their associates invested in crypto
- US politicians invested in crypto
- US politician lobbyist invested
- US agencies making black ops funds in crypto
- All of the above

And if thats the case, and I belive it is, there will be more stability!

supandi wiharja

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Earn crypto for being contacted

Although bitcoin prices are currently declining, i think this is still stable.
This is a challenge for bitcoin users who are currently panicked by the circumstances, in a few weeks i see bitcoin prices have shown an increase, although not significant.
We should all be optimistic that bitcoin values will rise again and reach the highest peak.

Duogembrot

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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.

yes it seems to be stepping on the end of this February and heading into the month of March it seems bitcoin and other digital currencies will crawl up and prices will become expensive and stable again, it just takes time.

Pleione527

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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.

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