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Topic: I don't like this stable price! - page 2. (Read 991 times)

sr. member
Activity: 574
Merit: 255
October 20, 2018, 09:27:50 AM
#72
For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon,  maybe above $20,000 the stability is still not going to allow that to happen.  However,  if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become  acceptable.
Bitcoin is built upon deflationary model. This will prevent bitcoin from being stable at a particular price. Because if the retailers start increasingly accepting Bitcoin as a means of payment, the demand will automatically rise which in turn will raise the price. Yes, with time volatility could decrease but price won't be stable for sure. Regarding present trend, market is moving sideways which is the most boring part of any market.
legendary
Activity: 1554
Merit: 1054
October 20, 2018, 09:22:04 AM
#71
Regular buying is the smart thing to do I think more then expecting a particular price just commit the money that might have been used just today to be spread on buys over the next 12 months.   This is possible now with lower fees and the point is that BTC is very unexpected technology by most of the world and we have extreme build ups in finance that can surprise everyone.   
2018 now, sits 40 years after Nixon removed most of the world from a gold standard and yes this relates to crypto. 
Yeah, no haste, just take your time and be picking the dip bit by bit most especially when a market is in a downtrend and making sure that until there is a clear signal for a bullish movement, you really want to be having some free cash hanging around just in case it goes lower. One thing I have always known is that when you are picking the market from the bottom and putting your mind and focus into the future you will always be at advantage as you are not doing what normal people are doing when it comes to market trends and that would always give you an edge, more like the same edge the institutions have.

volatility is not something that would be reducing anytime soon at all and we still have a lot of volatile experience coming up even as the market keeps growing.
That is the real fact that we all crypto adopters must need to accept. In other words, it is too early to think about stable prices for bitcoin. But in reality, must get prepared to experience a lot more volatile markets in coming days when more new investors will join this world of new investment opportunities.
newbie
Activity: 92
Merit: 0
October 20, 2018, 07:21:33 AM
#70
For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon,  maybe above $20,000 the stability is still not going to allow that to happen.  However,  if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become  acceptable.

Bitcoin price isn't always stable since it's inception. Until there is a hype now way it can become stable.

Since that is the scenario, we are the one who have to adjust for it. Why there are merchants accepts crypto even the price is volatile? Why there are people who are into crypto that still use crypto in some of the service? Why other countries legalized bitcoin? These kind of question is enough for you to understand that even with the volatile price of bitcoin, an increase in adoption can always take place as there are lots of reasons why people used bitcoin even how volatile it was.

You just have to trust the process.
I think most bitcoin users don't make a problem from the fluctuations, because with that they can gain profits quickly, and you know bitcoin adoption is normal even though fluctuations exist. but the problem here is that prices sometimes stabilized, and now stabilized in the range of $6k- $7k for a long time, and I don't think retailers will accept bitcoin just because prices are sometimes stable
Bitcoin price will never stable because the price depends upon the investment cap and investment cap cannot be the same all the time. Some people withdraw and some put their money in it. Therefore it is natural that the price will up and down with demand investment capital. You should not worry about the price of bitcoin at this point. It is also quite well.
hero member
Activity: 1246
Merit: 529
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October 19, 2018, 12:35:04 PM
#69
For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon,  maybe above $20,000 the stability is still not going to allow that to happen.  However,  if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become  acceptable.

Bitcoin price isn't always stable since it's inception. Until there is a hype now way it can become stable.

Since that is the scenario, we are the one who have to adjust for it. Why there are merchants accepts crypto even the price is volatile? Why there are people who are into crypto that still use crypto in some of the service? Why other countries legalized bitcoin? These kind of question is enough for you to understand that even with the volatile price of bitcoin, an increase in adoption can always take place as there are lots of reasons why people used bitcoin even how volatile it was.

You just have to trust the process.
I think most bitcoin users don't make a problem from the fluctuations, because with that they can gain profits quickly, and you know bitcoin adoption is normal even though fluctuations exist. but the problem here is that prices sometimes stabilized, and now stabilized in the range of $6k- $7k for a long time, and I don't think retailers will accept bitcoin just because prices are sometimes stable

What to not like here? Bitcoin price have nice swings, I had some nice trades in past few months. Op is a bit confused with crypto market, its far from stable and even if we have stable price it will jot be a guarantee for anything, especially for wide adoption.
Market moves depending on our actions, our trades, normally whales affect market more with their huge trades, but each of us affect it. What will happen with market, it will grow and grow. We can't expect price to be stable with so many people who trade, with supply and demand that are never calm, price can't be stable.
The market moves quickly I know, and it's caused by our actions and other users, the whales too. but in my opinion stable price is there, but only in a short time. do you think the price spinning in the range of $6400- $6500 in the past few days is not a stable changes ?

Well if you talk about stability, it has been dancing around that 6.5k range for quite some time now, probably more than a month already. Though of course it's too early to assume that this will be it's stable price as there surely will be a major movement pretty soon. After a gruelling bear trend most of this year, i think this movement would prepare us for what's going to happen next.
legendary
Activity: 2730
Merit: 1288
October 19, 2018, 12:33:29 PM
#68
For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon,  maybe above $20,000 the stability is still not going to allow that to happen.  However,  if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become  acceptable.

Most retailers that sell in Bitcoins automatically exchange BTC fro fiat money. There are plenty of such services. So they carry zero risk.

This is a good signs that we need to focus on for now, and for those have the proper understanding on zero risk its time to build a confident ways to handle your trading motivations. Even though stable price doesn't actually raising faster increase in the market value, still we see progress between digital and fiat exchanges eventually synced in and out. That's merely a good signs to visualize for further profitable changes.


Biggest hurdle was higher fees. But those were only few months. Now with Lightning that should stop. It just need some time and Bitcoin have time. Because 2019 will not be year of a hype. So Bitcoin infrastructure will have peaceful year to expand. All is perfectly on track!
hero member
Activity: 1190
Merit: 541
October 19, 2018, 07:48:41 AM
#67
Okay, what I need to understand is why are we suddenly talking about stability and stablecoins a lot in recent weeks? I know anything Bitcoin speculation tends to go in cycles, but I thought we'd already ridden the last stablecoin wave, moved on to crypto index and stable baskets... Volatile patterns aren't going away anytime soon, and speculators aren't going to wish it away anytime soon.

Seriously, what's the big deal? We know Bitcoin is like this and we've known it for years.
Exactly, and by stability I am sure what the OP is just busy implying is what is going on recently with the bitcoin market trying to find a direction which is something that would not last for long and it is pretty normal to get to see it happen once in a while after the market has hit a solid support.

Apparently, not everyone understands the market in a way that they can even understand some of these things we are saying. Like you said however, volatility is not something that would be reducing anytime soon at all and we still have a lot of volatile experience coming up even as the market keeps growing.
hero member
Activity: 1148
Merit: 504
October 19, 2018, 07:08:48 AM
#66
For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon,  maybe above $20,000 the stability is still not going to allow that to happen.  However,  if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become  acceptable.

Bitcoin price isn't always stable since it's inception. Until there is a hype now way it can become stable.

Since that is the scenario, we are the one who have to adjust for it. Why there are merchants accepts crypto even the price is volatile? Why there are people who are into crypto that still use crypto in some of the service? Why other countries legalized bitcoin? These kind of question is enough for you to understand that even with the volatile price of bitcoin, an increase in adoption can always take place as there are lots of reasons why people used bitcoin even how volatile it was.

You just have to trust the process.
I think most bitcoin users don't make a problem from the fluctuations, because with that they can gain profits quickly, and you know bitcoin adoption is normal even though fluctuations exist. but the problem here is that prices sometimes stabilized, and now stabilized in the range of $6k- $7k for a long time, and I don't think retailers will accept bitcoin just because prices are sometimes stable

What to not like here? Bitcoin price have nice swings, I had some nice trades in past few months. Op is a bit confused with crypto market, its far from stable and even if we have stable price it will jot be a guarantee for anything, especially for wide adoption.
Market moves depending on our actions, our trades, normally whales affect market more with their huge trades, but each of us affect it. What will happen with market, it will grow and grow. We can't expect price to be stable with so many people who trade, with supply and demand that are never calm, price can't be stable.
The market moves quickly I know, and it's caused by our actions and other users, the whales too. but in my opinion stable price is there, but only in a short time. do you think the price spinning in the range of $6400- $6500 in the past few days is not a stable changes ?
legendary
Activity: 3318
Merit: 1128
October 19, 2018, 06:48:23 AM
#65
For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon,  maybe above $20,000 the stability is still not going to allow that to happen.  However,  if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become  acceptable.

Bitcoin price isn't always stable since it's inception. Until there is a hype now way it can become stable.

Since that is the scenario, we are the one who have to adjust for it. Why there are merchants accepts crypto even the price is volatile? Why there are people who are into crypto that still use crypto in some of the service? Why other countries legalized bitcoin? These kind of question is enough for you to understand that even with the volatile price of bitcoin, an increase in adoption can always take place as there are lots of reasons why people used bitcoin even how volatile it was.

You just have to trust the process.
I think most bitcoin users don't make a problem from the fluctuations, because with that they can gain profits quickly, and you know bitcoin adoption is normal even though fluctuations exist. but the problem here is that prices sometimes stabilized, and now stabilized in the range of $6k- $7k for a long time, and I don't think retailers will accept bitcoin just because prices are sometimes stable

What to not like here? Bitcoin price have nice swings, I had some nice trades in past few months. Op is a bit confused with crypto market, its far from stable and even if we have stable price it will jot be a guarantee for anything, especially for wide adoption.
Market moves depending on our actions, our trades, normally whales affect market more with their huge trades, but each of us affect it. What will happen with market, it will grow and grow. We can't expect price to be stable with so many people who trade, with supply and demand that are never calm, price can't be stable.
I really wonder! I think what majority of people in this space are always eager to see is a bull run, but they need to realize that bull run will not just happen overnight as it technically develop. This is presently a market trying to find a direction and it is either the bulls win or the bears win but only time will tell.

Not like a stable price is just something that I believe can only come out from a novice head that have no understanding of the market. It is a normal thing to experience once in a while, and it is also a normal thing to be patient to see the direction the market goes afterward, but one thing for sure, we are not even close at all to experiencing stability in this market.
legendary
Activity: 3164
Merit: 1127
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October 19, 2018, 06:17:59 AM
#64
For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon,  maybe above $20,000 the stability is still not going to allow that to happen. 

Who the hell thinks about seeing the prices of $ 1500 and $ 3000? Now about $ 20,000, this will be possible in the future, it may be at the end of next year or early 2020.

However,  if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become  acceptable.

true, but bitcoins are limited and if we compare how many people there are in the world and how many people have bitcoin, we will realize that few people have bitcoin, if we have too much demand the price will increase a lot, the bitcoin volatility will be very high. I believe the price of bitcoin will be stable in the next 10 years when many people have bitcoin, at that moment we can use bitcoin as a means of payment.
sr. member
Activity: 1638
Merit: 278
October 19, 2018, 05:00:32 AM
#63
For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon,  maybe above $20,000 the stability is still not going to allow that to happen.  However,  if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become  acceptable.

Most retailers that sell in Bitcoins automatically exchange BTC fro fiat money. There are plenty of such services. So they carry zero risk.

This is a good signs that we need to focus on for now, and for those have the proper understanding on zero risk its time to build a confident ways to handle your trading motivations. Even though stable price doesn't actually raising faster increase in the market value, still we see progress between digital and fiat exchanges eventually synced in and out. That's merely a good signs to visualize for further profitable changes.
We want stability in the price but not in low market, it should be in a normal market rather than low market stability we usually like a high price in the current conditions.

Those who have bought Bitcoins they have to wait till high market because we were expecting a quick recovery and it took long to recover around 8 months so new investors should also think about it that it is not something that give you huge profit in a short time but you will have to wait for it.
jr. member
Activity: 462
Merit: 2
October 19, 2018, 03:04:32 AM
#62
For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon,  maybe above $20,000 the stability is still not going to allow that to happen.  However,  if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become  acceptable.
Bitcoin reaches to 3000$ and 1500$. It's absolutely impossible if this year. In the future, Price of Bitcoin will go to the moon in the year 2019. Because, Recently, Price neither not increasing also not falling. In next time it makes to big jumps.
STT
legendary
Activity: 4102
Merit: 1454
October 19, 2018, 02:52:57 AM
#61
^^ Regular buying is the smart thing to do I think more then expecting a particular price just commit the money that might have been used just today to be spread on buys over the next 12 months.   This is possible now with lower fees and the point is that BTC is very unexpected technology by most of the world and we have extreme build ups in finance that can surprise everyone.   
2018 now, sits 40 years after Nixon removed most of the world from a gold standard and yes this relates to crypto.   Its the tail end of a bullwhip crack, the dynamics are not imaginable.   The crack comes from supersonic boom occurring incredibly.     
If you described crypto to people at the start of the century they would not have believed you and they still would not have invested

I like the stable price though, this means if I can borrow money from my parents later as I have already requested, maybe I can buy just 1 more BTC before it shoots up. IF it goes down for some reason, I may be able to buy more than 1 BTC at least that a good thing still. WE all are waiting for the bulls to be back but having this stable price is good.

Dont borrow to take part in crypto, the price can go all over the place like a bucking bull and you will be thrown just before it takes off at a great pace.    I think its very possible for price to spike downwards before rising sharply, like a richter scale graph in an earthquake
hero member
Activity: 896
Merit: 514
October 19, 2018, 02:26:40 AM
#60
For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon,  maybe above $20,000 the stability is still not going to allow that to happen.  However,  if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become  acceptable.

Bitcoin price isn't always stable since it's inception. Until there is a hype now way it can become stable.

Since that is the scenario, we are the one who have to adjust for it. Why there are merchants accepts crypto even the price is volatile? Why there are people who are into crypto that still use crypto in some of the service? Why other countries legalized bitcoin? These kind of question is enough for you to understand that even with the volatile price of bitcoin, an increase in adoption can always take place as there are lots of reasons why people used bitcoin even how volatile it was.

You just have to trust the process.
None of us do but it is certainly better than dropping in price. The thing people forget about the stable price is that it was followed by a bear market, so if we did not have the stable market do you really believe we would just drop and than increase all of a sudden? No that wouldn't happen and the price would have gone down even further.

Hence I believe this stable market was needed before we got back up and increased in price again. So I kinda enjoy this prices because it means I can buy more from these prices, longer it takes the more I can hoard and the more I hoard means the more profits I will have when the price goes back up.
jr. member
Activity: 34
Merit: 62
October 19, 2018, 12:44:43 AM
#59
I would love stable price only when i have a lot of ether and bitcoins. Having volatility is the way to arbitrage.
hero member
Activity: 1190
Merit: 500
October 18, 2018, 11:42:51 PM
#58
I like the stable price though, this means if I can borrow money from my parents later as I have already requested, maybe I can buy just 1 more BTC before it shoots up. IF it goes down for some reason, I may be able to buy more than 1 BTC at least that a good thing still. WE all are waiting for the bulls to be back but having this stable price is good.
Just take the positives side, at least there is no drop in dip right, after all a stable price is actually more profitable because you are easier to memorize the price patterns that occur and you can achieve to make use of it, smart traders are those who can take advantage of any market conditions..
full member
Activity: 1134
Merit: 103
October 18, 2018, 10:36:58 PM
#57
We always need to be stable before increasing its previous value, bitcoin should become stable before increasing to new high value. Bitcoin is always the dominant currency which makes us make more money when the bitcoin price starts increasing again.
sr. member
Activity: 952
Merit: 250
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
October 18, 2018, 10:14:38 PM
#56
The more stable the price, the greater it allows planning.   I believe it certainly does raise involvement from a range of busines when the price is able to stay flat like this for so long.   The time frame of planning available with a relatively low range of prices means rapid changes to profitability dont occur.

A flat price could possibly decrease costs to business and uncertainty to feasibility studies for project investment within crypto

Probably it will decrease mate, and that's good to have that certain stable price while weren't yet establish good market. It brings more opportunities for another planned projects which will start to boom, because some team ups that has been running might not gain good results on their roadmaps.
STT
legendary
Activity: 4102
Merit: 1454
October 18, 2018, 07:00:11 PM
#55
The more stable the price, the greater it allows planning.   I believe it certainly does raise involvement from a range of busines when the price is able to stay flat like this for so long.   The time frame of planning available with a relatively low range of prices means rapid changes to profitability dont occur.

A flat price could possibly decrease costs to business and uncertainty to feasibility studies for project investment within crypto
newbie
Activity: 71
Merit: 0
October 18, 2018, 12:55:33 PM
#54
Come to think of it, people say that when bitcoin's price stabilize, more people will start using bitcoin. Well, it has consistently been in the 6000USD mark this year, why aren't more people joining in? Do you think maybe it's not the price that's the problem, but with bitcoin awareness? Or is it still the price?
member
Activity: 328
Merit: 10
www.daxico.com
October 18, 2018, 11:35:15 AM
#53
Most speculators don't like the price to be stable because they make their money from up and down of the price ,however other investors are waiting for the price of bitcoins to be stable before investing in it.
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