Is the Market Stabilizing? - page 22.

Twentyonepaylots

sr. member

Activity: 1918

Merit: 370

Quote from: UNOE on November 26, 2018, 04:31:47 PM

I think that we have pretty long period of stabilized market, but right now volatility comes back and it will not leave this market soon. Also I think that after few months of crazy price movements we will have consolidation phase where cryptocurrencies market will be stabilized for some time.

We can not assumed yet that the market is stabilizing. Some are still in the Panic mode, massive sell off has still very active as posted in the trading market, The only positive news is that, Bitcoin maybe testing the new resistance level on the market @ 3700 US$, but we can never tell what to become in the market until the consumer's confidence level goes high again on Bitcoin? The market is crazy, it is unpredictable....

Kimi80

sr. member

Activity: 750

Merit: 252

It's too early to give the conclusion. I think that you will have to wait at least eight-ten days just to see if the range of fluctuation of BTC price will stay in approximately 4000/3700 margin. Even then we can not say that market has been stabilized. That could be sign of it, at least for the period of next month or two.
One more thing. It is the end of the year. We all know what was going on last year in December and we know what is happening now. Totally opposite thing. So I think that we all have to make our decisions with caution.

figmentofmyass

legendary

Activity: 1652

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Quote from: cyberdg on November 26, 2018, 07:19:14 PM

Quote from: figmentofmyass on November 26, 2018, 07:10:27 PM

Quote from: KMoon on November 26, 2018, 09:06:56 AM

What are your opinions?
~snip~

stability is always temporary in the BTC market, at least in this nascent era of early adoption. it won't be truly stable until the market is saturated and there is little room for future network growth. any long term stable period will eventually erupt into a violent trend.

regarding what to do, i'm of the opinion that we're approaching a major swing low in the $3000 area or maybe after a quick dip into the $2000s. the time to sell was in the $5000s. if you're going to sell this late, watch closely and don't wait forever to buy back.

the next question is when will bitcoin begin to move up again

in terms of time and overall shape, this decline is most similar to bitcoin's 2014-15 bear market.

going by that model, we could expect a final bottom in the next couple months, followed by a sideways market for the better part of a year. things might be quiet until 2020, when the next halving is slated to happen.

devinks

sr. member

Activity: 756

Merit: 250

Quote from: cyberdg on November 26, 2018, 07:19:14 PM

Quote from: figmentofmyass on November 26, 2018, 07:10:27 PM

Quote from: KMoon on November 26, 2018, 09:06:56 AM

What are your opinions?
~snip~

stability is always temporary in the BTC market, at least in this nascent era of early adoption. it won't be truly stable until the market is saturated and there is little room for future network growth. any long term stable period will eventually erupt into a violent trend.

regarding what to do, i'm of the opinion that we're approaching a major swing low in the $3000 area or maybe after a quick dip into the $2000s. the time to sell was in the $5000s. if you're going to sell this late, watch closely and don't wait forever to buy back.

the next question is when will bitcoin begin to move up again

no one will know because prices and markets are difficult to predict or even predict by experts. the price of coins can suddenly suddenly drop immediately and suddenly rise again, it is very confusing. we just need to live it patiently and optimistically the price will definitely go up, believe me.

PonickSin

brand new

Activity: 0

Merit: 0

Quote from: KMoon on November 26, 2018, 09:06:56 AM

What are your opinions?

For a long time I thought BTC stabilized at $6400, then boom!

I would like to get some views to help me decide what to do.

It has been a wild ride (to put it mildly!) It can be scary.

Bitcoin and cryptocurrency have never been stable. BTC is much lower now, but i still think it will recover in the future. All we need to do is wait.

tenebriscaelum

member

Activity: 462

Merit: 11

Its really hard to tell as the market is made through trust and speculation much like in forex, futures and stocks. The problem right now is the lost of trust by the investors in the market which caused a lot of backlash, also there is the banning of exchanges in China which is one of the largest market in the industry and with the speculation the the miners in China will also be affected we can expect another drop in prices.

KnightElite

sr. member

Activity: 924

Merit: 275

Quote from: BrewMaster on November 26, 2018, 09:26:56 AM

well, get used to it because the market is not going to stabilize for many years and things will be more or less the same until exchanges become a lot bigger than this or we reach mass adoption.
the good news is that the volatility is decreasing compared to previous years. so the growth is happening but it is not yet enough to prevent manipulation and the resulting big drops.

The market will not going to be stabilize because the cryptocurrencies have the characteristics of being volatile. The price of the bitcoin is continuing to decline, I can say that there is still manipulation that is happening.

laoou

member

Activity: 248

Merit: 10

The cryptocurrency should not be stable now, and stability may be the event of the next decade. Bitcoin stability now kills all altcoins. So I don't support stability. This is the style of cryptocurrency growth, and every time the bubble is released, it will fall to the bottom.

Indrawan77

hero member

Activity: 1274

Merit: 516

For this year bitcoin supposed to be stabilised at around 6000$, but because of some party try to take advantage of the situation then the market become disrupted with huge selling amount, so as long as the battle between btc and bch hasn't settle the market will be very fluctuative

Jating

hero member

Activity: 2842

Merit: 772

Quote from: cyberdg on November 26, 2018, 07:19:14 PM

Quote from: figmentofmyass on November 26, 2018, 07:10:27 PM

Quote from: KMoon on November 26, 2018, 09:06:56 AM

What are your opinions?
~snip~

stability is always temporary in the BTC market, at least in this nascent era of early adoption. it won't be truly stable until the market is saturated and there is little room for future network growth. any long term stable period will eventually erupt into a violent trend.

regarding what to do, i'm of the opinion that we're approaching a major swing low in the $3000 area or maybe after a quick dip into the $2000s. the time to sell was in the $5000s. if you're going to sell this late, watch closely and don't wait forever to buy back.

the next question is when will bitcoin begin to move up again

Well no one can really answer that question. We've seen the price somewhat stablizes but then out of nowhere the price plummeted. We went from $65xx->$36xx->$4xxx->$36xx again. So there's a lot of bloodbath going on and I don't think it will just end.

Although I believed that we're getting closer to bottom but its hard to say when we're going to see the start of the bull cycle. It could be the start of next year, or Q2. There's no indication whatsoever, that's why it makes they whole crypto market more exciting specially for speculators or gamblers alike.

cyberdg

full member

Activity: 776

Merit: 146

Quote from: figmentofmyass on November 26, 2018, 07:10:27 PM

Quote from: KMoon on November 26, 2018, 09:06:56 AM

What are your opinions?
~snip~

stability is always temporary in the BTC market, at least in this nascent era of early adoption. it won't be truly stable until the market is saturated and there is little room for future network growth. any long term stable period will eventually erupt into a violent trend.

regarding what to do, i'm of the opinion that we're approaching a major swing low in the $3000 area or maybe after a quick dip into the $2000s. the time to sell was in the $5000s. if you're going to sell this late, watch closely and don't wait forever to buy back.

the next question is when will bitcoin begin to move up again

figmentofmyass

legendary

Activity: 1652

Merit: 1483

Quote from: KMoon on November 26, 2018, 09:06:56 AM

What are your opinions?

For a long time I thought BTC stabilized at $6400, then boom!

I would like to get some views to help me decide what to do.

It has been a wild ride (to put it mildly!) It can be scary.

stability is always temporary in the BTC market, at least in this nascent era of early adoption. it won't be truly stable until the market is saturated and there is little room for future network growth. any long term stable period will eventually erupt into a violent trend.

regarding what to do, i'm of the opinion that we're approaching a major swing low in the $3000 area or maybe after a quick dip into the $2000s. the time to sell was in the $5000s. if you're going to sell this late, watch closely and don't wait forever to buy back.

UNOE

sr. member

Activity: 791

Merit: 273

This is personal

I think that we have pretty long period of stabilized market, but right now volatility comes back and it will not leave this market soon. Also I think that after few months of crazy price movements we will have consolidation phase where cryptocurrencies market will be stabilized for some time.

farosa

full member

Activity: 506

Merit: 101

1 & 0 😏

Quote from: KMoon on November 26, 2018, 09:06:56 AM

What are your opinions?

For a long time I thought BTC stabilized at $6400, then boom!

I would like to get some views to help me decide what to do.

It has been a wild ride (to put it mildly!) It can be scary.

In my opinion most owner were unstable when Bitcoin was stable and price stability might result by this reason. There was no news and innovation that could affect price. The last price change triggered the downward movement and now continues to move below 4k.

Umkar

member

Activity: 364

Merit: 10

There will be no stabilization of the market, that’s for sure, even if many would like to. But the cryptocurrency market lives by different rules, different from the stock market. Now there is a strong sale and a fall in prices, but the stronger the panic and the sale now, the stronger the rise in prices can be. Therefore, it is not necessary to talk about market stability, at least in the near future.

niteroy

member

Activity: 476

Merit: 17

Quote from: Conasse on November 26, 2018, 09:17:48 AM

I don't think the market is stabilizing at any level yet. We would need to wait for more to see if the market is will go down more. You can wait maybe a week again before judging. To me, there is a chance to see the price dropping as low as 3k or why not 2.k

I don’t want Bitcoin price to fall to $2,000, but seeing the situation that is happening on the market right now, I won’t be surprised if the price starts falling further. But the price in the region of $3,000 is a good price to buy Bitcoin, such a low price can never be again when the bull trend begins in the crypto market.

Vinz1978

member

Activity: 225

Merit: 10

Investors are holding right now. While others are moving away for the meantime from cryptocurrency. Others are taking advantage of the down market by buying more strong coins. The market isn't getting better, maybe next year will be a better year.

blackhawkeye1912

sr. member

Activity: 784

Merit: 250

September and October this year, I thought the market was towards the bullish period because it was recovering by stabilizing at a certain lower prices. But, when November came, the market suddenly on the downward trend and it is not stopping from falling. I think we havn't seen the bottom yet.

cellard

legendary

Activity: 1372

Merit: 1252

We are finally seeing some blood on the streets. Many people that were bullish at $6k have finally entered depression mode and are becoming bears. When even the former average moonboys become bears you can start considering buying back as we are approaching a bottom.

I wouldn't be surprised to see a bit of a bull run after those big sales, it is starting to look like nonsensical panic selling/manipulation. We are oversold.

mrcash02

hero member

Activity: 1190

Merit: 525

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Sometimes there is a slight impression it's going to stabilize, like yesterday, when it rised to $4100 again, but the resistence isn't being enough to stop the dump that continues right after. We need to give it more time to know if the dump will continue strong or if there will be a truce.
Many predictions say it's not going to stabilize soon, take this in consideration to make your decision about what to do.

Topic: Is the Market Stabilizing? - page 22. (Read 10265 times)