Topic: Is Bitcoin Stabilising? - page 7. (Read 719 times)
Bitcoin price still on the same price for a few weeks not mean the price is stable. Bitcoin price Will never Stable because the value of bitcoin is fluctuation, rising and falling price are common. I think this condition just temporary and soon the price Will reach more than 12k.
I was blaming the institutional capital for this, until I read the news of the MtGox trustee that have been dumping large amounts of coins to recover some of the money that are owned to their creditors. This might be one of the primary reasons why we are moving between $10 000 and $11 000 for the last couple of months.
As soon as the price increase, this trustee dumps some coins and the price goes down again. This explains the less volatile price for the last 2 months. ^grrrrrrr^
As soon as the price increase, this trustee dumps some coins and the price goes down again. This explains the less volatile price for the last 2 months. ^grrrrrrr^
currently, can only see and monitor every development.
no one can predict 100% accurate. I think, maybe bitcoin will reach a stable point in this month. but this is just my speculation
The price moving 9nly about $10k - $11k . Yes its getting stabilising. May be its because of the fees that very expensive when it's price touch $20k . This is good enough, now online shop can use bitcoin without afraid of its volatility anymore.
I do not think the bitcoin is stable, and in this bitcoin can not say its stability, and I'm not sure about this, because I have heard or read an article, that experts say that by 2018 the price of bitcoin will reach about 50k-80k because people who invest in gold have turned to bitcoin because of the reduced supply of gold, it's rumored in the mass media, and hopefully this can come true.
It's pretty early to say if it's "stabilizing" or not. The price has only been stagnant at the $9k to $11k price range for 2 months more or less. It's been stagnant for longer in the past. But knowing that any kind of news can greatly affect bitcoin and other cryptocurrency's price, I wouldn't call it stable. One thing's for sure though, time will tell.
Yes, this is a decentralized system bitcoin price depends on buying and selling by its users. And if talking about stable is far away if addressed to bitcoin price now, the stable intention is that the price remains unchanged whereas bitcoin is always movement at all times. And now there are some experts who think, like Harvard economist, he says bitcoin will surpass the $100,000 price in the next few years. So, for you who created this thread, be patient and do your best for now by collecting as much bitcoin as possible.
I think bitcoin it is not yet stabilizing and this is now making the adjustment period. As to when this drop continue, no one knows when it will regain back to the normal track since the current dip is a bit bigger comparing it when the time where the market trend is playing normal. The highest price it had reached last month is approximately at $12K USD then later after several weeks it continued to drop day by day until reaching the $9.8K USD mark. Just hoping bitcoin will recover soon.
I agree with Tom Mornini Bitcoin could stabilize if more people use it. When people have more faith in a currency it is likely going to be more stable in price, and when it is more stable in price people are going to have more faith in it. It is an endless circle.
When many people use it regularly, the block reward is lower, and the technology is more trusted, it will stabilize.
When many people use it regularly, the block reward is lower, and the technology is more trusted, it will stabilize.
Bitcoin's price will never be stabilize as it is running on a decentralized system where governance does not exist, no regulation and laws applied. I think people and investors are just playing it safe because the spike from last year is expected to have a downfall afterwards which happened earlier this year. Don't worry the price will rise i think in the 2nd quarter of the year.
I agree to this. Lack of regulation is the only cause why big investors are able to manipulate the prices on large scale. Bitcoin price rising from $10000 to $20000 and then dropping back to $7000 was because of this price manipulation only. It would be good if we have some sort of regulation so as to stabilize the prices. It will also make it hard to get bug returns in short time.
There is no stabilizing term in BTC. However, governments around the world will try to get involved in this huge market with their laws, regulation, tax, etc.
And it is proving the world accepting BTC slowly but surely. So I can tell, in the future, the price will go high, but not crazy.
And it is proving the world accepting BTC slowly but surely. So I can tell, in the future, the price will go high, but not crazy.
I can not name what is happening now with Bitcoin, the stabilization of the course. It's more like adjusting, trying to align. In order to talk about the stable development of a particular phenomenon, you need to analyze a larger period of time. Of course, compared to the end of the previous year, now Bitcoin's price is more calm and moderate - it keeps within the limits of the specified mark. But we are still not sure what will happen tomorrow. And stability still implies some degree of confidence in the future.
If we base this on historicals, 1st quarter of the year, price of Bitcoin is somewhat moving sideways, there maybe some movements but its not enough to say its a ground breaking news. Take a look at the price of Bitcoin for 2016 and 2017. Its usually the end of the year or last quarter when a lot movement happens. If you are into Bitcoin for long term, you don't need to worry about the price movement. You should worry more on how to keep your BTC safe from hackers. Hodl!
Credit to Cointelegraph for the chart
Credit to Cointelegraph for the chart
Bitcoin's price will never be stabilize as it is running on a decentralized system where governance does not exist, no regulation and laws applied. I think people and investors are just playing it safe because the spike from last year is expected to have a downfall afterwards which happened earlier this year. Don't worry the price will rise i think in the 2nd quarter of the year.
It's pretty early to say if it's "stabilizing" or not. The price has only been stagnant at the $9k to $11k price range for 2 months more or less. It's been stagnant for longer in the past. But knowing that any kind of news can greatly affect bitcoin and other cryptocurrency's price, I wouldn't call it stable. One thing's for sure though, time will tell.
Bitcoin for the past few months have not been spiking again as we experienced in 2017, the price has not gone beyond 12k, my question is that is the price now stabilizing?.
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