bitcoin value will now stabilize around 16k?

dmamigo

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Quote from: 13abyknight on December 12, 2017, 03:50:40 AM

Quote from: kuronokishi10 on December 11, 2017, 11:06:26 AM

I noticed the price of bitcoin and saw that it varied around 16k $
So now my question is that whether the bitcoin value will have a minimum of 16k$,and increase till the year end or would it again drop significantly below 16k$.

The world of possibilities is endless when it comes down to speculating the price range of Bitcoin and calling out a stable point or correction becomes very difficult. The main factor driving the current price surge is due to Bitcoin future having a great head start in the market and yeah, it becomes largely possible that 16k could be set as the margin for Bitcoin currently.

Possibilities being endless and new addition of various factors with new and rapidly growing investor is makong it more speculative. At present phase its been the toughest for day trader or short term traders to make a call. Stability with Bitcoin might not be long enough, rather I would say stability has no space for Bitcoin in this market.

CryptoRage

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Why isn't anyone concerned that we have a small group (about a 1000) of investors that own 50% of the BTCs and we are marching to CME/futures trading. If this investor and miners form a cartel, BTC is no longer centralized. If nothing else, it is an easy target for manipulation.

13abyknight

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Quote from: kuronokishi10 on December 11, 2017, 11:06:26 AM

I noticed the price of bitcoin and saw that it varied around 16k $
So now my question is that whether the bitcoin value will have a minimum of 16k$,and increase till the year end or would it again drop significantly below 16k$.

The world of possibilities is endless when it comes down to speculating the price range of Bitcoin and calling out a stable point or correction becomes very difficult. The main factor driving the current price surge is due to Bitcoin future having a great head start in the market and yeah, it becomes largely possible that 16k could be set as the margin for Bitcoin currently.

Willitivity

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It's still too early to think that Bitcoin will peg at $16,000 even though it has been on that mark for some time now.
We hoping that Bitcoin will go up a little more, maybe get to between $18-20k or even higher. There are still so many persons coming into the system, so there's still room for growth.

Urbanbypas

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The cost of bitcoin is difficult to predict, I think that the price will continue to increase and by the new year will reach 18-19 thousand.
It is highly unlikely that bitcoin will ever cost $ 10,000.

carriebee

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Quote from: raziplab92 on December 12, 2017, 01:33:58 AM

Bitcoin is just like the other currencies .it will stable itself sometime.But I dnt think its gonna be stable at 16k.Btc is still growing.More and more invesrtors are being attracted.I am seeing it unstoppable still..

Bitcoin is unstoppable it is known sa volatile market, maybe it could drops significantly but it will rising again. The usual scenario happening always in bitcoin price swing fast to down or up.

raziplab92

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Bitcoin is just like the other currencies .it will stable itself sometime.But I dnt think its gonna be stable at 16k.Btc is still growing.More and more invesrtors are being attracted.I am seeing it unstoppable still..

Paypex

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Quote from: kuronokishi10 on December 11, 2017, 11:06:26 AM

I noticed the price of bitcoin and saw that it varied around 16k $
So now my question is that whether the bitcoin value will have a minimum of 16k$,and increase till the year end or would it again drop significantly below 16k$.

It may go up till CME listing as expected. However it may get some correction in jan'18 but ultimately it will increase. BTC price may be between $50k - $100k in 2018.

akram143

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Quote from: kuronokishi10 on December 11, 2017, 11:06:26 AM

I noticed the price of bitcoin and saw that it varied around 16k $
So now my question is that whether the bitcoin value will have a minimum of 16k$,and increase till the year end or would it again drop significantly below 16k$.

Maybe it is not stabilized yet the price is swing a lot,but I expect the price will increase more until the Christmas so there is chance of crossing $20K before 2018.And in my view bitcoin will never stabilizes,a small movemnet in the bitcoin market also will affect its price bitcoin,so we have to learn how to surf in the waves of bitcoin.

MarconyGL

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Quote from: kuronokishi10 on December 11, 2017, 11:06:26 AM

I noticed the price of bitcoin and saw that it varied around 16k $
So now my question is that whether the bitcoin value will have a minimum of 16k$,and increase till the year end or would it again drop significantly below 16k$.

Will rise more, the schedule for the day can be seen that he began to drop slightly from the level of 17k to almost 16k, so will continue to a small rise and correction. So by the end of the year it will reach 19k, and maybe even 20k.

CodyAlfaridzi

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Quote from: kuronokishi10 on December 11, 2017, 11:06:26 AM

I noticed the price of bitcoin and saw that it varied around 16k $
So now my question is that whether the bitcoin value will have a minimum of 16k$,and increase till the year end or would it again drop significantly below 16k$.

I don't know what price it'll stabilize later on, but I'm sure it will be above $10K. Four digits of Bitcoin price may have become the thing of the past. $15K-$16K seems reasonable so far though.

When Bitcoin hits $10K, I sold mine at $10,500 thinking that correction to $8K-$9K will happen soon considering we've basically doubled within a month from $5000. Unfortunately, that does not happen and likely not going to happen ever again. Seeing that it keep rising, I bought back at $12000. I had to eat some loss, but I don't regret it. Glad I bought back that time. Guess it'll never cross below $10K again, huh.

batang_bitcoin

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Quote from: kuronokishi10 on December 11, 2017, 11:06:26 AM

I noticed the price of bitcoin and saw that it varied around 16k $
So now my question is that whether the bitcoin value will have a minimum of 16k$,and increase till the year end or would it again drop significantly below 16k$.

No one can give you a guarantee that the minimum or floor price of bitcoin now is $16,000. Don't assume too much because this price is still not that stable and it can go lower depending on the movement of it's price. When it comes to increase, there can be no guarantee that at the end of this year it can go up but that's what everyone is saying but still no one can give us assurance for that thing. But if bitcoin is stable at $16,000 then so be it, that's a better floor price.

steveabrahams

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Quote from: kuronokishi10 on December 11, 2017, 11:06:26 AM

I noticed the price of bitcoin and saw that it varied around 16k $
So now my question is that whether the bitcoin value will have a minimum of 16k$,and increase till the year end or would it again drop significantly below 16k$.

I think it will stable around $15k-17k until the end of the year, after the big fall 3 days ago the price of bitcoin start going up and stable at this price. I'm not sure how long this price will stable, but it's still really shaky right now. If a whale dump/pumb their bitcoins directly, it will change the bitcoin price for sure.

gabbie2010

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Quote from: kuronokishi10 on December 11, 2017, 11:06:26 AM

I noticed the price of bitcoin and saw that it varied around 16k $
So now my question is that whether the bitcoin value will have a minimum of 16k$,and increase till the year end or would it again drop significantly below 16k$.

I also noticed that the price of bitcoin is stable at $16K+ even presently it still ranges at that price, I believed it is usually fundamentals and massive investors that are the driving forces that can push the price upward I hope to see the price moving higher if there is any upcoming SegWit2x or hardfork and bigger exchanges or company adopting bitcoin.

VitKoyn

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Quote from: kuronokishi10 on December 11, 2017, 11:06:26 AM

I noticed the price of bitcoin and saw that it varied around 16k $
So now my question is that whether the bitcoin value will have a minimum of 16k$,and increase till the year end or would it again drop significantly below 16k$.

Bitcoin price is moving around $16000 this past few days but it will not be stabilized on that level for a very long time, Bitcoin stability is far from being happen and I'm afraid that maybe it will never happen, but based on my analysis I could say that $16000 is the support price level and I think Bitcoin value will not drop lower than that because short term investors and whales will not sell/convert huge amount of Bitcoins on that price level until it reach the $20000 mark before the year end or next month (who knows).

deddod

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I think the price of Bitcoin will not stabilize at the price of $ 16K
because hardfork will continue to occur and usually hardfork greatly affect the price of Bitcoin. We will see later.

AlienSeeker

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I am hoping for it's price to cross the 20000 dollars mark, although I have observed too, that the price keeps on varying from 16000 dollars mark. I am wishing for more pumpings.

wizmo

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I don't think it will stay around $16k for very long. Price will start rising very soon I think we may see bitcoin price will reach $20k or more by the end of this year and I don't think there will ever be minimum value for bitcoin like crypto currency.

mmonton

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Looks like it is currently but then no one know until when. But currently btc price is not fluctuating much unlike past few days.

Mi5h0

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Quote from: kuronokishi10 on December 11, 2017, 11:06:26 AM

I noticed the price of bitcoin and saw that it varied around 16k $
So now my question is that whether the bitcoin value will have a minimum of 16k$,and increase till the year end or would it again drop significantly below 16k$.

Stability is an outcome of maturity and acceptance in the overall market. I think it's safe to say that none of the extant cryptos will ever fall into that category (at least not entirely) and price stability is simply not compatible with this type of asset.

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