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Topic: Is $6000 to $7000 the stable price for bitcoin? (Read 1049 times)

legendary
Activity: 2100
Merit: 1058
We always have a "stable price" that is only stable for a while and than changes all of a sudden. If you are expecting bitcoin to be around these prices for a long time than don't hold your breath because it will not be around these prices forever. It can stay here for a while but won't be too long because prices always change in bitcoin even though mostly it is stable.

Prices were stable during 2010 as well until 2013 break out happened, than the price was stable until the 2014 crash happened and now it is stable, no matter what happens for a while in the end the price skyrockets and crashes making it really harder for anyone to follow and just feel comfortable. Good news is whenever price goes up and comes back down it usually comes back down higher than what it was, so I don't know much about what bitcoin price will be but I know one thing, doesn't matter how high bitcoin gets, in the end when it crashes down again it will be higher than 7k when it crashed.
newbie
Activity: 68
Merit: 0
I don't think so. If it is, then why hasn't companies started accepting bitcoins as an alternative payment options for physical money and credit cards? Besides, I think someone pointed out in another board that the current price isn't stability, but more like a coma. When it will wake up from it, we never know.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
the condition of bitcoin prices this year seems to be in a stable rate at the price of $ 5000 to $ 6000 because I feel that there is no good news that can trigger an increase in bitcoin prices so prices become more stable, this is the perfect moment to buy as much bitcoin as you can because prices are still stable and not too expensive.
in this case it is very difficult to say stable, because basically the change in the price of bitcoin occurs so fast. but when the price stays at $ 7k, of course it can be a stable thing. but anyway we won't be able to see that before the price of bitcoin actually reaches the price of $ 7k.
hero member
Activity: 784
Merit: 500
the condition of bitcoin prices this year seems to be in a stable rate at the price of $ 5000 to $ 6000 because I feel that there is no good news that can trigger an increase in bitcoin prices so prices become more stable, this is the perfect moment to buy as much bitcoin as you can because prices are still stable and not too expensive.
sr. member
Activity: 658
Merit: 250
6000 USD is a stable price for bitcoins and reducing further is something that is impossible to occur. The  next thing to happen to bitcoins is to break the 6000 price level to a higher price then we can be assured of 10,000 usd.
$6000 is stable price in this month of october it is good but it also not good because the price not increasing and we need to focus now to increase again the value of bitcoin more than $6000 and better if we see 10k dollars so the people convince again to invest to bitcoin and possible to 20k dollars to happen again.

As far beyond the observations I had for the past days of October and also months ago, this price ranges from $6k to 7k still remain consistent and I do agree it has stabilized. However we're still struggling to come back to much higher price, that everyone would wanted to. This has become more chaotic than ever before, many of the panic holders dump some portions of their holdings, and again buy back.
full member
Activity: 812
Merit: 100
As of now yes 6000 to 7000 price of bitcoin is stable price. We can't predict what will be the of bitcoin in next few weeks or months but thankfully we are in stable price than to we see that bitcoin in under that price.
member
Activity: 276
Merit: 10
W12 – Blockchain protocol
I think that's the stable price of bitcoin because that's what we also experienced almost throughout this year. Bitcoin is just hovering at 6,000$ and have a time too that it break the 7,000$ mark.
sr. member
Activity: 1624
Merit: 267
6000 USD is a stable price for bitcoins and reducing further is something that is impossible to occur. The  next thing to happen to bitcoins is to break the 6000 price level to a higher price then we can be assured of 10,000 usd.
$6000 is stable price in this month of october it is good but it also not good because the price not increasing and we need to focus now to increase again the value of bitcoin more than $6000 and better if we see 10k dollars so the people convince again to invest to bitcoin and possible to 20k dollars to happen again.
newbie
Activity: 32
Merit: 0
I think yes this might be stable, somehow, but not because that it is distributed. I think it is because there is something catching all these dumps. The volume of trades seems not changing.

It might look like it is stable but I think someone is accumulating large sums because the price is cheap.
If we observe the price during the year we will find that the price is almost stable between $6000 and $7000. Now we can say that this price is stable, good and reasonable for new investors. Not too high and not too bad. Smart traders can make daily profit from this price fluctuation. I think the future will be good for bitcoin and the price will also go up. Therefore we should wait for more and with confidence.
newbie
Activity: 35
Merit: 0
6000 USD is a stable price for bitcoins and reducing further is something that is impossible to occur. The  next thing to happen to bitcoins is to break the 6000 price level to a higher price then we can be assured of 10,000 usd.
Bitcoin price is trading between 6000$ to 7000$ for a long long time. I think that bitcoin price is too much stable at that level.. But I hope that that time has come when bitcoin price will now start increasing because people now showing some interest in purchasing bitcoin.
member
Activity: 358
Merit: 11
6000 USD is a stable price for bitcoins and reducing further is something that is impossible to occur. The  next thing to happen to bitcoins is to break the 6000 price level to a higher price then we can be assured of 10,000 usd.
legendary
Activity: 1596
Merit: 1011
There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?
If calculated with a graph then 6000USD and 7000USD are quite stable values. This can be seen from the current development of bitcoin prices. In the past year it was indeed that we have calculated all aspects. The future of cryptp will be much better and I am sure that the stability prices will make bitcoin more trusted by many people.
full member
Activity: 590
Merit: 100
HIT the low and HOLD till moon
There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

Buy power on btc is very strong under 6k, its only a question of time and btc will start clib again. When the market sentiments will be more positive we will see btc easy to 10k
sr. member
Activity: 535
Merit: 250
Bitcoin price conditions that are currently very stable are actually very good steps to buy as much bitcoin as you can, keep calm facing price conditions at the exchange place and don't be easily affected by bad news trying to make you lose.
legendary
Activity: 2058
Merit: 1015
I don't think it would last for lifetime. That's too low to consider as the stable price. It's not going to happen simply because btc user/investor keep on growing during hype or not. I guess the reason why the price is just playing around that price is because most of us are just holding and waiting for a good thing to happened that could lead to hype.
member
Activity: 490
Merit: 28
Following the bearish market for over 9 months, i believe that 6,000$ - 7,000$ is the average price of bitcoin during that duration of time. It's still unclear whether bitcoin will have a bull run this year or it will just stay right where it is now until January comes.
Bitcoin price  stability or bearish market is still the sign of equilibrium of supply and demand, this bit it is also a the tug of war between the weak hands and the patience holder I don't know in the end who will be the winner, but still there is a possibility that there might a massive buying  that will make bulliy.
full member
Activity: 476
Merit: 100
www.daxico.com
Following the bearish market for over 9 months, i believe that 6,000$ - 7,000$ is the average price of bitcoin during that duration of time. It's still unclear whether bitcoin will have a bull run this year or it will just stay right where it is now until January comes.
full member
Activity: 756
Merit: 112
I think yes this might be stable, somehow, but not because that it is distributed. I think it is because there is something catching all these dumps. The volume of trades seems not changing.

It might look like it is stable but I think someone is accumulating large sums because the price is cheap.
member
Activity: 532
Merit: 18
Bitcoin lover!
There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?
This is still bitcoin stopped at such a cost. Its price cannot long be constant in its nature. The situation on the market will change, it will affect the ratio between supply and demand and Bitcoin will again change its price. Its large volatility cannot be changed.
sr. member
Activity: 1414
Merit: 265
Pepemo.vip
There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?
i believe that this is the stable value of bitcoin ranging from $6,000-$7,000 this is the price of bitcoin till yesr end,and if it grows that would be a bonus for us sine the price dropping continuously happening thos whole three quarters thts why we are looking for a growth this last quarter

It seems that the entire cryptocurrency market is stabilizing, so at the moment it can be assumed that the price around $6,500 is a stable price. However, it can not be said for sure that from this level the increases will start. Theoretically, it is still possible to see a slight decrease in the BTC price and then can come the expected change in the trend. We have to wait until the end of November to be able to deduce something more.
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