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Topic: Even after some good news why bitcoin is not stable yet (Read 221 times)

full member
Activity: 442
Merit: 101
I think the reason is that the bitoin value is not stable because many investors are holding a large amount of bitcoin, they are selling it at a low price, making the value of bitcoin significantly reduced. I think this situation will soon end and its value will soon increase
full member
Activity: 448
Merit: 103
Bitgesell (BGL) Decentralized Cryptocurrency!
unfortunately, I don't see the interconnection between the good news and the course of any coin or token Sad. Although logically it should be. I don't understand Sad Sad Sad
legendary
Activity: 1596
Merit: 1034
What kind of stability do you want? Since it appears even bitcoin prices are always unstable and fluctuations are very active every minute. It is the advantage of a cryptocurrency because traders and investors can take advantage of such price movements to make a profit. The good news about bitcoin is only used as a tool to price speculation on bitcoin price movements.
full member
Activity: 560
Merit: 102
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let just think about news on cryptos, most of the time, bitcoin price is fluctuative, because bitcoin is being hold by big whales, and they can control the market whenever they like, the good news is just the way they spread to us to lure us buying more bitcoin to bring the price higher and they will sell to earn profit for themself. So an advice is dont put too much trust on news.
sr. member
Activity: 316
Merit: 250
because  btc is loosing some its stability after the  ban from many countries and social media. Bitcoin values and stability need more time to back.
newbie
Activity: 85
Merit: 0
I think Bitcoin was greatly affected by FUD when it dipped few weeks ago. People are probably hesitating to invest or not because of those negative news. Do not worry as everything will go back to its real price soon. 
full member
Activity: 2590
Merit: 228
There are many good news realase about bitcoin and even chinese new year also finished why bitcoin is not stable yet.when will it start to stable

for my own analysis 10k usd upto 12k usd price movement of bitcoin is enough, stability of their price not to seen reach the highest price expectation of everyone, the price playing on the same bracket price i think tha't great sign for bitcoin stable their price.
as of february the price of bitcoin range amount value 10k to 12k usd not bad for all that price is huge value if convert into fiat money.
sr. member
Activity: 658
Merit: 250
There are many good news realase about bitcoin and even chinese new year also finished why bitcoin is not stable yet.when will it start to stable
That's not how markets work. They are cyclical by nature, especially a market like Bitcoin, which is primarily driven by human emotion and widespread acceptance. Bitcoin was, after all, quite valuable at a tenth of its price as it is now. Markets driven by human nature are speculative by nature, and will see ups and downs.

They cannot correlate with the news cycle, which is necessarily backward looking while the markets are forward looking.
I totally agree! There's always a rise and fall of value and demand in trading industry, because it's volatile and that's the challenge. However, if there's a decline in value and it crashes surely it will soar high again. We bitcoiners have to be aware of its features and functionalities. We have to be clever enough to play its game strategically while making our part to make it stable.
sr. member
Activity: 742
Merit: 250
I think perhaps due to the psychology of investors are still a little scared, they fear that Bitcoin will continue to fall again. But now, Bitcoin is recovering, it's fluctuating around $ 11,000, a pretty good signal. The good news about Bitcoin will certainly have positive effects, maybe it doesn't happen right away, we should wait more. I believe in the boom of Bitcoin in the near future
newbie
Activity: 98
Merit: 0
There are many good news realase about bitcoin and even chinese new year also finished why bitcoin is not stable yet.when will it start to stable
There are many factors contributing to the price instability of bitcoin. Its price changes are irregular. When there is a lot of news, its price will still fall. I think it's normal, it's just a normal adjustment.
sr. member
Activity: 742
Merit: 255
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There are many good news realase about bitcoin and even chinese new year also finished why bitcoin is not stable yet.when will it start to stable
Bitcoin is a growing cryptocurrency if any obstacles are coming to the crypto market but it will recover as soon as possible but many new investors are panic in crypto investment so some peoples are drop the Bitcoin. I think many investors are investing in altcoins also so half of the amounts are splitting the all cryptocurrency so Bitcoin value is still fluctuating.
full member
Activity: 1092
Merit: 117
Bitcoin price was never stable and it is never going to be, because thats how the market works it goes up and down. This happens because the price of bitcoin is not fixed and it is very speculative because it is not a a thing you can see or touch like gold. There are some people that know everything about bitcoin and they belive in it, and there are some people that are sceptical and dont thing bitcoin is a good thing to invest your money in. So the price moves up and down depending buying and selling orders
jr. member
Activity: 56
Merit: 2
There are many good news realase about bitcoin and even chinese new year also finished why bitcoin is not stable yet.when will it start to stable

It is not true actually, prices are recovering and I have observed consistent growth for last one month. Though we are not able to see as much growth as we observed last year but the situation is still under control.

Regarding prices not being stable, it has always remained so. If you get scared by 10-30% decline in a week or then bitcoin is not made for you. You should invest in bank schemes or gold which will give you some fixed interest per year. There you will not have worry about prices being volatile.
legendary
Activity: 1386
Merit: 1045
There are many good news realase about bitcoin and even chinese new year also finished why bitcoin is not stable yet.when will it start to stable
That's not how markets work. They are cyclical by nature, especially a market like Bitcoin, which is primarily driven by human emotion and widespread acceptance. Bitcoin was, after all, quite valuable at a tenth of its price as it is now. Markets driven by human nature are speculative by nature, and will see ups and downs.

They cannot correlate with the news cycle, which is necessarily backward looking while the markets are forward looking.
legendary
Activity: 3346
Merit: 3130
There are many good news realase about bitcoin and even chinese new year also finished why bitcoin is not stable yet.when will it start to stable

https://imgur.com/a/y3ou3
Here you have the price of avocado for the last 20 years. There you can see how anything it totally stable in the market. Bitcoin, like avocado, is going to get higher prices and lower ones based on the buying/selling orders, as well on the production of new coins.
As you see, avocados have suffered tons of changes in its prices. Even when the price seems to be rising, they go up and down so many times you can buy an avocado today in one dollar and tomorrow in some cents.

Well, in economics, this is very normal.
I don't believe Bitcoin is going to totally stabilize anytime, because its value is highly speculative, and that's normal, based on the mere existence of it.
Now, as well as the Bitcoin production becomes lower, it is probably when its value will increase, based on the buying/selling orders again.

So, no. Bitcoin, from my point of view, is never going to be stable, like avocados, tomatoes, oranges...
full member
Activity: 1330
Merit: 100
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why everyone at a time bitcoin down in confused ..
and figure out why why bitcoin goes down. !!
but if I am private, bitcoin down is not because there is a problem in every country, but because people need to use bitcoin a bit does not need ..
and maybe it's a game of people who are more instrumental in bitcoin development ..
legendary
Activity: 1414
Merit: 1039
There are many good news realase about bitcoin and even chinese new year also finished why bitcoin is not stable yet.when will it start to stable

Bitcoin being stable doesn't mean that it's stable at a high price. I'd say it is pretty stable right now. We've been in the 10,500 - 11,000 range for a while now, which is pretty good if you're wondering about stability, especially for a cryptocurrency.

I do agree that there has been good news recently. However, I don't think there's been enough good news or any news with a large enough magnitude to impact the prices of bitcoin to shoot upwards. Instead, we're at a stable position -- no (impactful) good news, no bad news.
legendary
Activity: 3542
Merit: 1352
Are you talking about stability or price rises? If stability is your concern, I think it is already pretty stable on where it sits,

On the other hand, the price isn't moving upwards because there isn't enough incentive to push the price higher, and there's still a grip of the bears on the current market trend which isn't easy to just shake off. Personally I believe that this will still be an endless cycle of push and pulls until something good comes out e.g. a major company accepting bitcoin or some influential person taking back what he/she said negative about bitcoin and crypto. Usually these statements bring in some pushes along with the positive press, so unless nothing good happens, IMO, no substantial price increases will happen.
sr. member
Activity: 406
Merit: 256
Bitcoin will never be stable. The price of any asset fluctuates. But at the same time there are mechanisms of manual regulation of prices for traditional assets. For example, in the stock market there is a mechanism to stop trading in the case of landfill. The number of Fiat is regulated by the Central Bank. Bitcoin does not have such mechanisms.
hero member
Activity: 910
Merit: 501
Bitcoin is a crypto currency, traded on many exchanges all around the clock without weekends. I do not think bitcoin will ever be stable.
But when we look back the last two weeks, we did not fall beyond 9000 Dollars. I think that is really a great developement which shows we have a good basic demand for bitcoin.
A volatiliity of about 20% in two weeks, I suppose that is as stable as it gets for bitcoin.
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