Bitcoin price stuck ? - page 3. | Bitcointalksearch.org

safari88

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Quote from: btc-facebook on September 20, 2016, 11:39:32 AM

Quote from: virusasog on September 20, 2016, 11:13:53 AM

Quote from: safari88 on September 20, 2016, 10:36:39 AM

I think it is good if the price is stuck and does not decrease. when I look at the graph of bitcoin, it will increase in the next few weeks, perhaps more precisely between october and november.

Obviously It shows some stability in price chart of the bitcoin. As you mentioned even I am sure that price will be increase on the coming November to January due to Christmas holidays. I think most of the people will utilise that time sell it out.

I try to take this kind of advantage since bitcoin value quite stable at the moment.
Last week I can made 0.05 profit , thanks for that. By the way it's not too late to buy and keep hold bitcoin since it definitely will increase higher than today on the future

today bitcoin has decreased and this was really nice to catch a cheap price. I still have great confidence that prices will rise. just wait and be patient. do not panic when prices are falling, but it is good to buy

Cozynunu

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Quote from: JimboToronto on September 19, 2016, 11:58:28 AM

Quote from: maku on September 19, 2016, 11:11:24 AM

We had plenty of periods in the history of bitcoin when price was stable. It is nothing new.
People assume naturally that bitcoin price must be volatile and and now after a brief moment of stability when value of btc is stagnant they panic.

This is mostly wishful thinking on the part of traders, who of course want a volatile market. It's not surprising to see that here, considering that this is the Speculation sub-forum.

Bitcoin devotees tend to want a more stable price as they feel it's better in the long run.

We "holders" (I prefer to call myself a saver) want it both ways. We want a steady upward price rise to see our savings grow, but with just enough volatility to create buyable dips.

I dont think the price of the bitcoin is stuck and that is only because the price is only rising after the end of this year and when the price drops you all know that is not the time to sell.

kwukduck

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Quote from: BitHodler on September 20, 2016, 04:12:51 PM

Quote from: OgNasty on September 20, 2016, 01:51:11 PM

Accumulation phase. This won't last.

It's indeed accumulation time, but more for the late comers and the doubters who don't have the balls to buy when the price is dumped down.

Big players have done their accumulation at the time the price was considerably lower than today's price.

I guess your name says it all. All i can say is anyone buying bitcoin is a fool.
ETH is rapidly taking over the entyre crypto economy and even banks are now integrating it into their systems. I suspect it to overtake BTC before the end of the year.
It's basically doing everything we all wished for but was never realized by the community and devs.

We just witnessed another massive move into ETH out id BTC. 2% of the entire btc economy just got transfered to a better system in mere minutes!

BitHodler

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Quote from: OgNasty on September 20, 2016, 01:51:11 PM

Accumulation phase. This won't last.

It's indeed accumulation time, but more for the late comers and the doubters who don't have the balls to buy when the price is dumped down.

Big players have done their accumulation at the time the price was considerably lower than today's price.

zimmah

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It's hard for bitcoin to go up in value if the amount of transactions per second can't go higher than it is now because we are hitting an arbitrary limit that was put in place 6 years ago, presumably as an anti-spam measure.

Has the internet price and the hard drive price not been reduces in the past 6 years, so that it is necessary to keep the 1MB limit?

Has the average block size not increased the past 6 years, so that more space is required?

I think we all know the answers to these questions.

OgNasty

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Accumulation phase. This won't last.

Universat

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Quote from: HarryKPeters on September 20, 2016, 05:23:03 AM

Quote from: Barbut on September 20, 2016, 02:57:52 AM

We can say price is stable. This is what I call stable price, I remember there was days where difference between high and low was more then 20 dollars.
TODAY'S OPEN $608.53
TODAY'S HIGH $608.72
TODAY'S LOW $606.31
This is a good thing for bitcoin economy, from time to time bitcoin need to show its stable and strong, that will attract more people to invest in it, and people will have more trust to put their money in this new currency.

We need more time to call it stable. It is just a few weeks that the price is dangling around this mark. If we see this for at least 1 month more it will show we have find a steady and stable price. But knowing bitcoin, this may be very hard to say the least.

yes it is right to say, as we can observe that the price of bitcoin now trading so stable for some time and then it goes up or fell down to some value. but this time as the price of bitcoin is stuck just above 600 so we can expect that the price of bitcoin will go up and will reach to 1000 USD.

vero

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honest to this day I am still confused when they hear people say that the price stuck that never happened on bitcoin, the price always moves either up or down even though only $ 0.01

Ayers

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Quote from: safari88 on September 20, 2016, 10:36:39 AM

I think it is good if the price is stuck and does not decrease. when I look at the graph of bitcoin, it will increase in the next few weeks, perhaps more precisely between october and november.

yeah but it's always better if is stuck and increase slowly not with a stupid pump and dump, but if it remain stuck there forever, many might lose interest in bitcoin, because an increase or decrease draw attention of the media, which is good

dothebeats

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Cashback 15%

Stuck? Well we've been on the time of stagnation for like a couple of months on 2015. It's fun to think that we are again at a point wherein traders are waiting for who will do what next, and for me I think that is kinda crazy yet exciting because we are yet to see what would be the market reaction after traders pulled the trigger. It might go up or go down, but for me personally, if the price is still stable, it's better to just buy anything you can with your bitcoins as long as it lasts.

btc-facebook

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Quote from: virusasog on September 20, 2016, 11:13:53 AM

Quote from: safari88 on September 20, 2016, 10:36:39 AM

I think it is good if the price is stuck and does not decrease. when I look at the graph of bitcoin, it will increase in the next few weeks, perhaps more precisely between october and november.

Obviously It shows some stability in price chart of the bitcoin. As you mentioned even I am sure that price will be increase on the coming November to January due to Christmas holidays. I think most of the people will utilise that time sell it out.

I try to take this kind of advantage since bitcoin value quite stable at the moment.
Last week I can made 0.05 profit , thanks for that. By the way it's not too late to buy and keep hold bitcoin since it definitely will increase higher than today on the future

virusasog

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Quote from: safari88 on September 20, 2016, 10:36:39 AM

I think it is good if the price is stuck and does not decrease. when I look at the graph of bitcoin, it will increase in the next few weeks, perhaps more precisely between october and november.

Obviously It shows some stability in price chart of the bitcoin. As you mentioned even I am sure that price will be increase on the coming November to January due to Christmas holidays. I think most of the people will utilise that time sell it out.

hungsanh2512

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Quote from: safari88 on September 20, 2016, 10:36:39 AM

I think it is good if the price is stuck and does not decrease. when I look at the graph of bitcoin, it will increase in the next few weeks, perhaps more precisely between october and november.

In many markets there's enough data and analysis that you have a pretty good idea how people have historically reacted to price changes. So although it's ultimately down to human behaviour, it's not necessarily completely unknowable.

safari88

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I think it is good if the price is stuck and does not decrease. when I look at the graph of bitcoin, it will increase in the next few weeks, perhaps more precisely between october and november.

Red-Apple

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Quote from: randy8777 on September 20, 2016, 08:06:43 AM

Quote from: Shinpako09 on September 20, 2016, 08:03:39 AM

Calm price movement always happen and I guess it would stuck again for how many weeks. Well, atleast we're sitting with a price that start in #6 not 5. Who knows, it would go up again after a calm.

this stability is fantastic. i have sent someone like $100 in btc nearly 2 days ago, and the value of that transaction is still the same. this is what will help to get the average joe on board. they want stability, now here is a taste of how things can be in the far future.

i am glad that i am not the only one who thinks this way when sees topics like this.

i have always been saying that price needs to be stable if we want to see mass adoption. nobody would ever start spending bitcoin with his mind at ease as long as price has a chance of going up.

and also nobody will ever buy bitcoin as long as there is a chance of going the other way, down.

randy8777

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Quote from: Shinpako09 on September 20, 2016, 08:03:39 AM

Calm price movement always happen and I guess it would stuck again for how many weeks. Well, atleast we're sitting with a price that start in #6 not 5. Who knows, it would go up again after a calm.

this stability is fantastic. i have sent someone like $100 in btc nearly 2 days ago, and the value of that transaction is still the same. this is what will help to get the average joe on board. they want stability, now here is a taste of how things can be in the far future.

Shinpako09

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Calm price movement always happen and I guess it would stuck again for how many weeks. Well, atleast we're sitting with a price that start in #6 not 5. Who knows, it would go up again after a calm.

BitcoinHodler

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Quote from: numismatist on September 20, 2016, 07:09:11 AM

Quote from: HarryKPeters on September 20, 2016, 05:23:03 AM

Quote from: Barbut on September 20, 2016, 02:57:52 AM

We can say price is stable. This is what I call stable price, I remember there was days where difference between high and low was more then 20 dollars.
TODAY'S OPEN $608.53
TODAY'S HIGH $608.72
TODAY'S LOW $606.31
This is a good thing for bitcoin economy, from time to time bitcoin need to show its stable and strong, that will attract more people to invest in it, and people will have more trust to put their money in this new currency.

We need more time to call it stable. It is just a few weeks that the price is dangling around this mark. If we see this for at least 1 month more it will show we have find a steady and stable price. But knowing bitcoin, this may be very hard to say the least.

Almost unpredictable, however stable usually goes upwards, while spikes tend to flatten down again.

Spikes doesn't have to be a bad thing. Sometimes it means that there were a big potential that needed to be released. For example in times when the price is kept low artificially and by manipulation dumping then when it stops the price goes up so fast.

And then the fall back is only small, not to the previous point but instead to a higher price.

numismatist

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Quote from: HarryKPeters on September 20, 2016, 05:23:03 AM

Quote from: Barbut on September 20, 2016, 02:57:52 AM

We can say price is stable. This is what I call stable price, I remember there was days where difference between high and low was more then 20 dollars.
TODAY'S OPEN $608.53
TODAY'S HIGH $608.72
TODAY'S LOW $606.31
This is a good thing for bitcoin economy, from time to time bitcoin need to show its stable and strong, that will attract more people to invest in it, and people will have more trust to put their money in this new currency.

We need more time to call it stable. It is just a few weeks that the price is dangling around this mark. If we see this for at least 1 month more it will show we have find a steady and stable price. But knowing bitcoin, this may be very hard to say the least.

Almost unpredictable, however stable usually goes upwards, while spikes tend to flatten down again.

asriloni

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Quote from: Barbut on September 20, 2016, 02:57:52 AM

We can say price is stable. This is what I call stable price, I remember there was days where difference between high and low was more then 20 dollars.
TODAY'S OPEN $608.53
TODAY'S HIGH $608.72
TODAY'S LOW $606.31
This is a good thing for bitcoin economy, from time to time bitcoin need to show its stable and strong, that will attract more people to invest in it, and people will have more trust to put their money in this new currency.

this price stability is temporary,when none of any organization backup bitcoin then the permanent stability of the price seems just a dream,even a currency that being backing up by government such as dollar could fall and rise in short term of time,so you'll see again the day when the difference between today's low and today's high is really far

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