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Topic: Bitcoin price stabilizes? - page 7. (Read 3541 times)

sr. member
Activity: 668
Merit: 255
June 19, 2018, 02:11:09 PM
Right now, I think, that bitcoin's price won't stabilizes, because I think, that bitcoin's price continues growing slow, but will continue, and will stabilize somewhere at 10,000$ (because I think, that it's right price for bitcoin, as for miners and as for people who plan to use bitcoin for buying/selling goods) ofc too sad that bitcoin stopped dropping at ~6,200$, because I planned to buy at 5,000 - 5,500$, but I'm also happy that his price growing because  still holding some.
newbie
Activity: 167
Merit: 0
June 19, 2018, 01:49:39 PM
I think bitcoin price is nearly impossible to stabelise. Knowing the fact that it's volatility is uncontrolled up until now then there is now way it's price could stabelise and not fluctuate.
full member
Activity: 854
Merit: 103
June 19, 2018, 01:26:30 PM
Yes, it has been stable for the past 5days now and that's a huge sign that it will soon  come put of dip

We will not see the price stability very soon. Bitcoin will be swinging. the other cryptocurrencies will do the same. However, finally, BTC will rush to the Moon.

Even though we did not see the price stability today, it was fine because as long as the prices of bircoins is decreasing then we can still have time to invest in order to earn more profit in december when the market prices pumps up again.

Bitcoin price will never stabilize, why? it is just like stocks on stock market where it is controlled by investor and you cannot dictate investor to buy or to sold or even to hold it for a period of time , However bitcoin prove its excellence during past years which makes it as a leading coin on crypto and making it also  a good investment for a investor who are currently looking for a investment, you just need some research to make money out from it,

Naturally, it will be not stable at all but it will go up. I am waiting to see the price growth close to November. I recommend you not to sell Bitcoins and wait.
member
Activity: 308
Merit: 10
June 19, 2018, 05:52:24 AM
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.
You can see that bitcoin is moving sideways over the past few days, so the market is bearish in the long term, so I think this is a short-term stabilization, bitcoin will probably continue to fall. anytime. At this point I believe you should only trade short term and should end the day trading so that you can preserve your profits and minimize the risk.
full member
Activity: 399
Merit: 105
June 19, 2018, 04:31:43 AM
This kind of situation occured before so it does not look new, and if you study the past figures of bitcoin you can notice how it started to slowly increase after the Chinese New Year.
member
Activity: 308
Merit: 10
June 19, 2018, 04:23:41 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.

You can clearly see that the bitcoin bubble is showing signs of rupture, the market is falling into crisis and is in a bear market in the long term. Bitcoin has dropped by more than 70% of its value and I believe that at this time you should not invest in bitcoin at this time, bitcoin prices will probably continue to fall further so you should only invest in short-term .
member
Activity: 200
Merit: 10
June 19, 2018, 02:46:38 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.

Falling from $19000 to a very low rate doesn’t mean it has been stabilized. This is a normal thing that has been happening for years ever since Bitcoin was introduced, though last year seemed a lot different from other years, cause it went too high from the rate of $1k to $19000. I don’t know what’s going to happen this year, but I do believe that this year will be very much better than last year.
newbie
Activity: 36
Merit: 0
June 18, 2018, 01:52:41 PM
I believe that bitcoin price won't stabelise.
newbie
Activity: 81
Merit: 0
June 18, 2018, 01:09:13 PM
I think bitcoin prices are hard to stabilize. Because what makes bitcoin intriguing is because prices are unstable and tend to sometimes increase rapidly. I think bitcoin will still be in demand even if the price is unstable.

many people and even especially me are lovers of extreme fluctuations in bitcoin, but there is one thing that can not be denied is too wild price movements will never meet the point of regulation and become the main reference in the balance of the world economy.
full member
Activity: 323
Merit: 100
June 18, 2018, 12:00:37 PM
I think bitcoin prices are hard to stabilize. Because what makes bitcoin intriguing is because prices are unstable and tend to sometimes increase rapidly. I think bitcoin will still be in demand even if the price is unstable.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
June 18, 2018, 11:39:38 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.

For now, we can say that bitcoin's value has been quite stabilized for so long which can be a threat to our profits since it has not been growing ever since the year started and it is still falling bit by bit everyday. We should set ourselves ready for this dumps occuring continuously or else we would end up loosing more money in the future.
full member
Activity: 606
Merit: 108
June 18, 2018, 11:31:08 AM
Bitcoin may be almost stable for now because it only rises and falls slightly, but Bitcoin will never be stable. indeed for a value that is currently a good momentum if Bitcoin is stable, but if Bitcoin stabilizes at a very low price, it might have a negative impact on Bitcoin on.
member
Activity: 294
Merit: 10
June 18, 2018, 10:56:59 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 the bitcoin stability is temporary, you can see that bitcoin prices are showing signs of slowing down and moving sideways during recent days, the market is knitting a slight recovery. But until now bitcoin prices are continuing to adjust and mitigate slightly, adjusted bitcoin prices have made the price of altcoin continue to fall sharply.
newbie
Activity: 140
Merit: 0
June 18, 2018, 10:49:43 AM
When it comes to bitcoins or altcoin, we can not say they are stable, because their prices are always fluctuating and constantly changing so they are always unstable no  stabilizes  may be hight may be down
member
Activity: 182
Merit: 10
June 18, 2018, 10:40:07 AM
We don't even know yet, if that will be happen the status of bitcoin in all over the world will be stable that is great and it is advantages for us because our economics will keep on progress. The thing that I am praying to happen is those who doesn't have work yet will be grow together with bitcoin. Currently you are right it will not happen and the price of it will continuously fluctuate and the reason is that it is the initial stage of bitcoin
member
Activity: 273
Merit: 10
June 18, 2018, 10:39:22 AM
I think now onwards the bitcoin price will never be stable for a long time. Completely agree with your view. Bitcoin won't stabilize until most coins serve the needs of real economy, and you can use it instead of fiat. And by using it I mean actual use when even producers and manufacturers accept bitcoins between themselves
member
Activity: 294
Merit: 10
June 18, 2018, 10:39:16 AM
Every one of us continue trusting that bitcoin esteem will be settled and feels incredible that the incentive inside this couple of weeks has been increment however not that much. Ventures by step and it truly looks great . Price is now very unpredictable and as such its sometimes hard to predict outcome price for next day. Many factor now influence on price
member
Activity: 228
Merit: 10
June 18, 2018, 10:24:30 AM
I think the day, when Bitcoin price will became stable - is the death day for all of us, traders, because we earn money from this volatility, and if its gone - we are gone as well.
sr. member
Activity: 756
Merit: 294
June 18, 2018, 10:16:22 AM
Many of us thinking about profit and blaming bitcoin if we did not meet our gaol. But actually everyone are responsible to our own profit on how we deal the unstable market for the price is always goes up and down. Money is important to us because fiat measures the value of all coins in crypto. Not yet stabilized this market.

Bitcoin and any other altcoins are very volatile. Yes, we are seeing that the price of bitcoin somewhat stabilizes already but be aware that it might spike at any given time or it may go down beyond our wildest imagination.
full member
Activity: 280
Merit: 100
June 18, 2018, 10:09:19 AM
I think, that all the things on this market is uncertain and unpredictable so far. If you are saying that the price will grow, it can same way fall into nothing, and vice versa.
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