Does Bitcoin stable ? - page 30. | Bitcointalksearch.org

Blue Bell

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Quote from: ChainSmoker on January 02, 2018, 07:22:23 AM

Quote from: upekhaanthony on January 02, 2018, 05:45:28 AM

Recently Bitcoin got very high fluctuations. It went up 19,000USD(nearly) and dip to 12,500USD. In this situation does BTC stable ?

What are reason for that kind fluctuations ?
How long it will take reach 19,000 USD with this kind of market fluctuations ?

You already answered your own question.If Bitcoin fallen from 19000$ to 12500$ in few days then no,price of Bitcoin is not stable and the reason for that is because less adoption than fiat,price manipulation by whales,FUD etc.Now how long bitcoin will take to reach ATH again can't be said but it will happen surely sooner or later

Yes bitcoin is a stable currency that’s why everyone they are joining bitcoin and banks are also accepting bitcoin and countries are also making bitcoin legal because bitcoin is now trust worthy and you can also invest here as much as you can which mean bitcoin is stable and that’s why bitcoin get respect in market and I hope it will be same like this for ever.

Jake_Shannen

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Except the curren correction that's happening in BTC right now, I can say the BTC is one of the most stable cryptos out there. Aside from BTC there is Litecoin, Ripple, IOTA and Eth. these are some f the Cryptos that outstands the criteria of stability.

Washball

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The price of bitcoin will not stabilise at 12.5K. The price will keep going up and down. This month bitcoin could drop to 10K, but then people will start buying again and the price will rise. In March the price could be up to 30K.

Sadnu

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We can not say the price of bitcoin / value now stable. because it's a new value every day. Not in near future. But as it will be more and more popular price for BTC will be more and more stable. Anyway if you are afraid for your investments, many bitcoin wallets allow you to hedge your investments to USD or other fiat currency.

Anyobsss

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Quote from: upekhaanthony on January 02, 2018, 05:45:28 AM

Recently Bitcoin got very high fluctuations. It went up 19,000USD(nearly) and dip to 12,500USD. In this situation does BTC stable ?

What are reason for that kind fluctuations ?
How long it will take reach 19,000 USD with this kind of market fluctuations ?

Definitely not, you can see it now to stay around 12K ~ 14k USD but it still has a tendency to either pump or crash. The greatest characteristic of bitcoin is its volatility and it is still there so we can definitely say that it is not stable. the same goes with all cryptocurrencies.

No one really know when will bitcoin pump again but we can hope for it to reach 19k USD much sooner so we can profit much earlier lol.

mandeep4687

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Bitcoin is nowhere near stable atm. It's price has reduced much in the last few weeks. Hopefully it will catch up again.

Kamote_1102

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Well, honestly I have heard a lot of feedback from my friends talking about the stability of bitcoin. Most of them said that bitcoin will eventually disappear since it's value is not stable. Sometimes, I thought that maybe they were right, given the circumstances.maybe bitcoin will gone in the near future. Maybe bitcoin will never be senn or be heard anymore. But on the second thought, I realized that it doesn't matter. Because for me, for as long as there are someone who's still using bitcoin. Bitcoin will always exists and will help a lot of people.so no need to worry about the future of bitcoin. If it's meant to disappear, it will. But if not, it will stay.

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Quote from: upekhaanthony on January 02, 2018, 05:45:28 AM

Recently Bitcoin got very high fluctuations. It went up 19,000USD(nearly) and dip to 12,500USD. In this situation does BTC stable ?

What are reason for that kind fluctuations ?
How long it will take reach 19,000 USD with this kind of market fluctuations ?

The value rose because of the surge in the number of investors putting their money into Bitcoins. It dropped mainly because of the large players who hold the command of the sell pressure now and futures are the major cause for it. But the price Bitcoin is stopped between could probably be the value where both buyers and sellers decided that this is a better value and should remain for some time before more fluctuations take place. So, you may consider that there are some "periods" when Bitcoin stabilizes. Don't worry, as it was an awaited correction that was ought to come. It came and went off, now the value will rise back but slowly due to competition being on both sides now.

Bessta

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I think btc' s price is already starting to stabilize.

Vatimins

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Quote from: upekhaanthony on January 02, 2018, 05:45:28 AM

Recently Bitcoin got very high fluctuations. It went up 19,000USD(nearly) and dip to 12,500USD. In this situation does BTC stable ?

What are reason for that kind fluctuations ?
How long it will take reach 19,000 USD with this kind of market fluctuations ?

The way i see it, the main reasons to these fluctuations are the non stop trading. The buyng and selling of bitcoins and the demand increasing because of the increasing number of investors both greedy and lovers of the new technology that bitcoin gives.

The only way that i think is possible to stabilize bitcoin is for all of it to be mined and owned. But even this, isn't for sure. Since the more people refrain from selling, the more the price of bitcoin increases. But onenthing i cam guarantee is that the increase and decreases in price will not be as big as today.

But i doubt any of us in this generation will reach that time.

amadocuaresma

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Bitcoin was not stable. The value of bitcoin was getting smaller sometimes but the goodnews is that the bitcoin value was getting a lot of bigger now. Everyone of us can use of it.

kueyen

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The price has more or less stabilized by now, at least to a certain extent. The sudden swings towards the end of 2017 were not healthy in my opinion, they were especially harming bitcoin's reputation as a reliable form of investment. Hopefully, now we can see the price climb back up in a stable way, which is very good for bitcoin and cryptocurrencies as a whole in the long run.

jamesl22

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Bitcoin will always remain volatile no matter what happens in future. The short uptrend upto $19k is kind of a bubble which kinda popped before Christmas to weed out the greedy and weak traders.

But since then, the price reached to a moderately stable form at around $13500 with +-20% variance. So you can't really define stability in that sense.
Now if you segregate price segments into several periods of dominance, you can call it moderately stable though.

Quote from: ghost07 on January 02, 2018, 11:10:10 AM

Quote from: ismadanniel on January 02, 2018, 06:25:32 AM

wait for many btc fork price will increase again

Not all fork will make bitcoin price increase i think but majority maybe.

This. Don't think numerous forks are the prime reason for the price hike.

Mei1418

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I think it would be very hard bitcoin to get that number back, from the many issues that bitcoin will be more devastated in the future to make many people feel panicked and immediately switch the investment.

Sihab76

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Yes absolutely, bitcoin could standing a stable form. In the beginning of new year 2018 Bitcoin start its journey at a glorious sunshine ☀ and now Bitcoin price will rise in the stable form about $15000

gilangIDR

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Quote from: darrly on January 02, 2018, 11:13:53 AM

No. It is not stable because its value fluctuates as you can see in its latest graph, it is very likely to go down but generally its value goes high up. Thats why it is not stable.

The nature of bitcoin is a very difficult price to get stable. We can see that every time bitcoin prices will increase and decrease with a very fast tempo. So if anyone can make sure the bitcoin price is stable then it is impossible in my opinion. The bitcoin price movement is very easily influenced by many things, one of the most influencing things is the demand factor of bitcoin done by everyone. When bitcoin is needed then bitcoin prices will be very likely to increase.

darrly

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No. It is not stable because its value fluctuates as you can see in its latest graph, it is very likely to go down but generally its value goes high up. Thats why it is not stable.

khaled0111

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Bitcoin Price will not be stable at least during the next months or even during the next few years.
People don't trust cryptocurrency yet and any small rumor can spread panic among traders and they will start selling at low prices.
The Bitcoin price is basicly determined by the demand and supply low and since the community is not big enough, whales can manipulate the market whenever they want.

ghost07

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Quote from: ismadanniel on January 02, 2018, 06:25:32 AM

wait for many btc fork price will increase again

Not all fork will make bitcoin price increase i think but majority maybe.

fishbonez11

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Bitcoin is volatile. The USD conversion could go up or down or extremes. Maybe we can say that it stabilizes when it just plays around a small margin, but still it could still go up or down.

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