Do you like to see Bitcoin prize stable between 10K-20K?

exstasie

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Quote from: The Sceptical Chymist on July 21, 2019, 09:51:24 PM

I wouldn't mind if bitcoin stayed between $10k-20k for a while, kind of like how it was stuck at about $3500 for months--but I'd rather not see it stagnating again either, so I'm a bit torn as to what I'd prefer. What I do know is that being stuck in a range that's close to the ATH wouldn't be a bad thing, and it's better than the last time bitcoin flatlined.

Slow moon is the best moon. The more time we spend consolidating and building support while keeping a solid long term uptrend intact, the more sellers we'll trap at lower levels. That means more power for the next move up, whenever it finally happens.

Quote from: The Sceptical Chymist on July 21, 2019, 09:51:24 PM

These plateaus bitcoin tends to have are healthy, I think. It's only when the price starts going exponential that I start to sweat, because I know that can't keep going forever.

At some point, it'll go exponential no matter what. Wink

The Sceptical Chymist

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I wouldn't mind if bitcoin stayed between $10k-20k for a while, kind of like how it was stuck at about $3500 for months--but I'd rather not see it stagnating again either, so I'm a bit torn as to what I'd prefer. What I do know is that being stuck in a range that's close to the ATH wouldn't be a bad thing, and it's better than the last time bitcoin flatlined.

These plateaus bitcoin tends to have are healthy, I think. It's only when the price starts going exponential that I start to sweat, because I know that can't keep going forever.

Quote from: ?? on ??

I think it is too early for Bitcoin to become stable.
Also, if it is going to become mainstream then 20k is not enough, just take a look at the market cap.

Yeah, I don't exactly want bitcoin to become a stablecoin, and I don't think it's ever going to achieve that status anyway. It has been, is, and probably always will be something a lot of traders are going to be speculating on, especially if the futures markets take off. I don't know if OP meant that bitcoin could be stable between those two price points forever or only temporarily--but if there's another plateau, it's not going to be forever.

I do agree that widespread adoption would mean the price would have to be significantly higher than $20k, else not everyone could use it.

STT

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The market is larger then sensible investors, even experienced people dont act like robots. We're all emotional animals and the market reflects a natural phenomena. I'd still bet the trend before and after halvening is sell the news. Its a headline and it catches peoples attention as a major shift in protocol details, actually it only matters over time not as an event. We the market always focus around headlines and then the price does its thing and everyone wants to be part of the price rise and so it happens anyway. The people matter far more then whales I still think and I hope it stays that way really.

I sold some after the last halvening when I should have known to focus on long term more and I'd be alot better off if I had shut the laptop and not opened it till much later. Theres multiple timeframes with varied trends. the market is always confused imo.

exstasie

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Quote from: Wilhelm on July 20, 2019, 03:34:45 PM

Every halving people shout that the price will rise. Every time they are wrong. Halvings are known so investors calculate the effects beforehand.
Usually the halving is the lowest point in the logarithmic curve. The high points are exactly in between halvings.

Price is likely to correct downward at halving time for the same reason that "selling the news" is a mainstay of investment. This was especially noticeable in 2016.

In 2012, we went sideways for a month after the halving. But then the 2013 bubble started.

With so little data, I'm not confident about what will happen next time. There's a very good chance it won't resemble the first two events. It's possible the cycle is being front run this time and the halving occurs in the middle of the bubble or afterwards.

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Quote from: spacehopper on July 12, 2019, 01:56:49 PM

Do you like to see Bitcoin prize stable between 10K-20K? or keep this pattern and behave like in past? 20K - 3K. I personally like to see bitcoin stable between 10K-20K. So everyone will happy for the situation.Open for discussion.

This ss for sure that bitcoin will not go back to 3K. It may touch 7000$ but chances are that bitcoin will remain above 10k. We might see bitcoin to 20K by this year end and if this happens it will be all time high price for bitcoin again.

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Quote from: Free1bitco.in on July 21, 2019, 09:16:58 AM

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It will be great if btc price could increase and stabilize at some point, but every one hope that the price will keep on moving up, hoping btc to become stable for long period time is impossible, a lot of traders don't want to see btc become stable they want decentralized currency that got dynamic movement

in fact, the price of bitcoin is currently above $ 10,000, but it's still far enough to reach $ 20,000. it would be great if the price of bitcoin is stable at $ 15,000 this year, and of course we have been waiting for those times since 2018.

For a while keeping the track to move up is still best for anyone who holds this coin, it's hard to say that being stable will be good as most of those early investors are here because of this volatile market, they see a good opportunities to work with the situations and see their edge of knowing the proper executions of their trades, different opinions from different types of investors and traders.

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It will be great if btc price could increase and stabilize at some point, but every one hope that the price will keep on moving up, hoping btc to become stable for long period time is impossible, a lot of traders don't want to see btc become stable they want decentralized currency that got dynamic movement

in fact, the price of bitcoin is currently above $ 10,000, but it's still far enough to reach $ 20,000. it would be great if the price of bitcoin is stable at $ 15,000 this year, and of course we have been waiting for those times since 2018.

Wilhelm

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Quote from: Oceat on July 20, 2019, 03:13:01 PM

Quote from: spacehopper on July 12, 2019, 01:56:49 PM

Do you like to see Bitcoin prize stable between 10K-20K? or keep this pattern and behave like in past? 20K - 3K. I personally like to see bitcoin stable between 10K-20K. So everyone will happy for the situation.Open for discussion.

Who wouldn't want to see a stable price between 10K and 20k? For me, it's still the best price at the moment until we could finally see the Bitcoin halving and there would be massive changes in the market at that time. Back in the days i still remember the price of Bitcoin which is cheaper than today and i never imagine that it would hit $20k on last 2017. But this halving next year would be different it might give us a new ATH that we never expected to see.

Every halving people shout that the price will rise. Every time they are wrong. Halvings are known so investors calculate the effects beforehand.
Usually the halving is the lowest point in the logarithmic curve. The high points are exactly in between halvings.

Oceat

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Quote from: spacehopper on July 12, 2019, 01:56:49 PM

Do you like to see Bitcoin prize stable between 10K-20K? or keep this pattern and behave like in past? 20K - 3K. I personally like to see bitcoin stable between 10K-20K. So everyone will happy for the situation.Open for discussion.

Who wouldn't want to see a stable price between 10K and 20k? For me, it's still the best price at the moment until we could finally see the Bitcoin halving and there would be massive changes in the market at that time. Back in the days i still remember the price of Bitcoin which is cheaper than today and i never imagine that it would hit $20k on last 2017. But this halving next year would be different it might give us a new ATH that we never expected to see.

snipie

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Quote from: ?? on ??

So far as i know bitcoin stable bottom is around 10,000$, and thats a good reason to be happy, we wont see $9k again. This is the right time to buy btc and hold them till december.

Hols them until the halving is wiser thought Wink

BTW +$10k level for bitcoin is a good price and it should be easy to consolidate in this level before skyrocketing again

STT

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Stability is a bonus for usage and encourages greater populations of users. We should all appreciate a steady price around long term average nothing too erratic and scary for people
For the long term if you ask me is 10k BTC amazing, I'm saying its bonkers good anywhere near here. People worry too much about the small detail when its the broad brushstrokes that count.

Price looks to appreciate to 11,000 over the weekend, I believe Sat and Sunday has a unique kind of light to them that will allow this more easily then during the week. We might resume below 10k come monday and the week itself with more mainstream news and volume mixed in. On this chart to be seriously positive we need to close about $11,200 on a 4hr bar to prove something more positive ongoing.

imstillthebest

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It seems to me that such stability will not exist anyway. The price of bitcoin will continue to fluctuate. It is managed by large investors and they can raise or lower price as much as they want.

thats true and anyone knows it including the op but the op is only asking if do you wanted to see bitcoin being stable at the price of 10 to 20k usd . for me im contented with 10kusd mininum because i can earn a good income with it . im not an investor so its okay if the value will be stable at a good price point but im not sure to other people but i believe that investors will love to see btc fluctuates because they can buy btc in a little costs .

exstasie

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Quote from: buwaytress on July 19, 2019, 01:34:01 PM

Yeah, the people who complain that it should be stable don't actually know what they're asking for. You want stablecoins, you get Tether that's losing it's value the way fiat is almost, relative to existence. You want something you know is always worth the same in purchasing power? Then definitely you want something like gold.

I agree with your general point, though gold doesn't necessarily hold its purchasing power. Historically, it hasn't beaten inflation. The truth is, there is no such thing as stable store-of-value. The value of gold, like Bitcoin, is speculative and is at the mercy of the markets.

That's why I like to hold gold (and BTC) during bull markets, but during bear markets, my capital is usually parked elsewhere.

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Quote from: omonuyak on July 19, 2019, 01:19:01 PM

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For sure!

We all want bitcoin to be stable around $10,000 to $20,000 and we desired to used bitcoin like money for buying of goods and services but I don't think that, it is possible like that for now. Currently and in the past, bitcoin is still not fulfilling the purpose of its advent and that is because we used bitcoin like gold and commodities and that makes us not be able to use it as money but as assets, we can invest to make profits.

People around use Bitcoin more like a shortcut to make money and I think that is possible only when you have these volatility trends in the market. Bitcoin of course is one hit asset for speculations and hence some good money when there is volatility but this also makes investment in the coins risky. This being said, some people around might love to have it stabilized.

buwaytress

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Quote from: Oilacris on July 16, 2019, 02:55:37 PM

The word stable doesn't fit out on any crypto.We might be saying on the intensity of such price movement.We do really like to

see a more established or gradual price increase rather than on seeing huge spikes yet we know on what would be the possible
situation would happen when the market tends to bearish which is like seeing a nose dive price decline.

Yeah, the people who complain that it should be stable don't actually know what they're asking for. You want stablecoins, you get Tether that's losing it's value the way fiat is almost, relative to existence. You want something you know is always worth the same in purchasing power? Then definitely you want something like gold. Not that I'm willing to get into a gold vs btc discussion!

And you know they don't really want it when they're happy to take bull runs and ATHs;)

omonuyak

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Quote from: ?? on ??

For sure!

We all want bitcoin to be stable around $10,000 to $20,000 and we desired to used bitcoin like money for buying of goods and services but I don't think that, it is possible like that for now. Currently and in the past, bitcoin is still not fulfilling the purpose of its advent and that is because we used bitcoin like gold and commodities and that makes us not be able to use it as money but as assets, we can invest to make profits.

FanEagle

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I think it is doing alright but I would feel better if it was a bit higher, we are not doing 10k-20k right now, we are doing 10k-13k right now, if we reached stuff like 18k time to time and than went back down than I would feel much better. The difference between reaching 13k and reaching 18k is that when you are at 13k as you can clearly see from the past weeks its still possible to come back down, however if you reach above 18k than it would be harder to go back down under 10k, even during the bear run of 2018 it was at around 15k and than around 12k for a long time while going down. That is why 10k-20k is fine by me but as long as we reach both ends of those levels instead of staying around one of them all the time, that would at least make me feel a bit better about the price.

Cherylstar86

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Seeing bitcoin at that specific degree of cost with stable development, could really give more speculators a confirmation to hold. They won't feel alarmed if bitcoin wouldn't be that unpredictable. It could pull in more holders to purchase bitcoin which could help market increase its demand.

Oilacris

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Quote from: spacehopper on July 12, 2019, 01:56:49 PM

Do you like to see Bitcoin prize stable between 10K-20K? or keep this pattern and behave like in past? 20K - 3K. I personally like to see bitcoin stable between 10K-20K. So everyone will happy for the situation.Open for discussion.

The word stable doesn't fit out on any crypto.We might be saying on the intensity of such price movement.We do really like to

see a more established or gradual price increase rather than on seeing huge spikes yet we know on what would be the possible
situation would happen when the market tends to bearish which is like seeing a nose dive price decline.

Pyr3x

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The price is again below 10,000. It's depressing for me. I didn't think this could happen now. I hope the price comes back soon. I just can't see the numbers 9600.

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