Is $6000 to $7000 the stable price for bitcoin? - page 7.

taguig

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Quote from: kentrolla on September 27, 2018, 06:25:08 AM

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 don't think so it's a volatile market there is no such thing as stable price, the price could go down and could go up with just one news what we need is a stable environment where there are no restrictions or hacking going on around so investors can invest with a peaceful mind.

Geemy

member

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this price has been stable over the last six months but I expect from my point of view that the price will rise to reach the end of this year to unprecedented prices

kalyanbharadwaj

newbie

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I do not think price can be stable, it can go up or down continuously because of many reasons!

srsandokan

newbie

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Even if this price can be stable for a little while, I don't think it will last for long, either up or down I'm not sure. What will be more interesting is when all btc is actually mined, and then we will see how the deflation really works and if it can fits with the actual system.

Yustiant

jr. member

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i think we can stablize bitcoin at 6000$
but we must keep our asset and not following cartel to sell our asset Cheesy

Jateng

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Quote from: kentrolla on September 27, 2018, 06:25:08 AM

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?

By monitoring bitcoin price daily, yes I saw how bitcoin price is stable at $6000 to $7000. Maybe this year this is the stable price for bitcoin. I am happy seeing this coz finally it does go deep more down but I am also sad because it is very far from its price last December 2017. But by the end of this year, I am expecting some increase.

Alexbenua97

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The stability of this is certainly good, but only this stability has been dragged on for a long time. Urgent need of growth. Some altcoins grow by 300-500%, and bitcoin goes there.

ShowOff

legendary

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Quote from: ranman09 on September 27, 2018, 09:08:19 AM

Bitcoin will not have any stable price, for now, as long as whales are there it will not happen. The supply needs to be spread out of the whole community. That way we don't expect high movement from large transactions.

If bitcoin price keep stable, how they can get profit Grin

, maybe that is what whale think about. So in this business, there will be no stability price because pumped or dumped, whale will take an advantage from that.

1NV3ST0NM3

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Current market graphs for the bitcoin reveal this thing only what OP has to say. But that doesn't mean that we shouls simply jump t the conclusion that bitcoin is going to stabilize only at this price and won't be rising any further or dipping any low.

Anyways the market conditions aren't much favourable right now and investors are quite a bit worried. But the perfect strategy for the market survival right now is to HODL, stay calm n composed. Long term prospects in the crypto currency market do look bright and we are hoping for some potential gains in the coming years of bitcoin.

Buntel168

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I don't think $6K to $7K is a stable price for Bitcoin. We will don't know the stable price for Bitcoin, it could someday go down to under $ 5K and could increase at any time surpass $ 20K. That's is my opinion Grin

ranman09

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Bitcoin will not have any stable price, for now, as long as whales are there it will not happen. The supply needs to be spread out of the whole community. That way we don't expect high movement from large transactions.

cryptocrusher

full member

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For now the answer is yes, but for how long that remains the case is unclear. When futures were introduced they did say that they would kill volatility in bitcoin and for now they're achieving that. A stable price in the long run is a good thing because it makes adoption far more likely. With adoption we may see a far more steady price increase instead of the highly volatile one based purely on speculation.

isaac_clarke22

sr. member

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Kinda looks like but it isn't. There is no that flat floor, although I am just making assumption that it is the floor now itself but the floor might change now, we never know since it can't be controlled anyway. It all depends on how Bitcoin will run this coming 2019. Will the price floor be 7k? I bet it might. We weren't being bullish since last month although there were large spikes between.

Xenrise

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Actually 6k to 7k is the stable price after the drop. We must face that thing. Because that's reality. Nothing to deny that right? But I believe that it will be more stabilize in the near future.

Daniel91

legendary

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I don't believe that such thing as ''stable price'' exist for bitcoin.
Bitcoin never had any stability in the past.
We sew so many changes that is impossible task to determine any stable price for btc.

mahilchii

member

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My suggest is there is no stability in the market. So no one can even predict the value these days. Comparing to last year's market yes it is good. But it should grow in the last quarter of this year investors are eagerly waiting for a change in BTC value. Lets see how it goes.

Renal

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When viewed from market movements, the most stable price of bitcoin is $ 6000 and how many altcoins participate below the very stable price of bitcoin, hopefully after this price bitcoin even altcoins rises again at the end of the year.

Bunsomjelican

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Quote from: kentrolla on September 27, 2018, 06:25:08 AM

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?

It is also been numerous answered this discussions about the stability of bitcoin. Aside from that things we all know then that bitcoin was volatile which means fix price value of bitcoin is not possible too. And because of the fluctuations happened in the market traders are actively taking actions unto it where it is the reason of the motion of the percentage of buying and selling as well.

deep_linking

newbie

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Should I wait or buy some BTC now. Currently it's bleeding red.

St4yInTh3D4rk

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"STAY IN THE DARK"

Quote from: kentrolla on September 27, 2018, 06:25:08 AM

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?

The stable price of bitcoin can't be identified until all the people starts to use the crypto currencies until that the prices will keep increasing in the upward direction while we see it in the long scale time format.But now the price of bitcoin ranged between $6000 to $7000 for more than two months but this surely will change in the upcoming days while we enter into the end of this year.

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