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Topic: Price stability - page 9. (Read 1644 times)

member
Activity: 350
Merit: 11
October 31, 2018, 12:37:18 PM
#27
Well I think it is because of people remain keeping their bitcoin to see how the price can move up to the next level that is expected higher than before. I cat tell whether it is good or bad since people has different situation and consideration. Just waiting and enjoying the moments ahead, can we be stronger in this situation or not, can we tak a profit from  this or not.                                           
member
Activity: 434
Merit: 13
October 31, 2018, 11:58:52 AM
#26
in fact at this time the price of bitcoin dropped was very normal because at the beginning of the year bitcoin had already directed its highest price.
I think next year bitcoin will rise...
Ha ha ha....
Next year? Since when?
Don't dream of going up next year, the current prices are getting lower and lower, maybe you need to do research, not make predictions.
sr. member
Activity: 1372
Merit: 269
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October 31, 2018, 11:44:34 AM
#25
After 9 months of decline from last year's price, here is bitcoin very stable between $6,200 and $6,500. This might give us a hint that the stable price of bitcoin is between this range. Some investors are just feeling sad probably the hype of 2017. As experts are saying one way to be mainstream is to be stable.

Here is bitcoin very stable.

The stability of bitcoin at a lower price might be healthy in the future for bitcoin in terms of financial usefulness. The lower the volatility, the lesser the risk of investment. This scenario might atrract large-scale investors to invest in bitcoin due to lower risk.
newbie
Activity: 28
Merit: 0
October 31, 2018, 11:23:28 AM
#24
The fact still remains that, Bitcoin is more of a currency than what it used to be before now (it volatility), so, the price been see currently interpret Bitcoin stability, which is more of value than the former. Though the Lightning Network impact might not be felt now but in a way still work for Bitcoin price and putting the said digital currency (BTC) into global acceptability.
Yeah, The Lighting Network was first proposed by Thaddes Dryja and Joseph Poon in a prospectus in 2015 to create a new revolution in Bitcoin that helps make payments faster and at a lower cost.
full member
Activity: 395
Merit: 100
October 31, 2018, 10:54:03 AM
#23
I'm not even sure whether this is a bad or a good thing right now but this is definitely unusual and I have never seen it before even though I have been in the crypto scene since 2014.

From what I can see the development (Lightning network etc.) is more active than it ever was, so shouldn't that give a little boost to the price at least?
The crypto market is always a secret to us all and Bitcoin has never been simple and easy to understand. We just see the price does not change much. It's hard to make a judgment at this point.The current price is still acceptable over 2014 but we need more.
full member
Activity: 938
Merit: 105
October 31, 2018, 10:11:13 AM
#22
So far I have known this is the year that Bitcoin makes a stable price in the market, it took how many months that being stability price.
I like the idea who posted above, he stated very well. Indeed, encouraging us to help the market grow by keep holding on our Bitcoin to our portfolio to make demand lessen and make the price expensive. Also in trading that's make contribute the market green.IMO.
legendary
Activity: 3458
Merit: 6948
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October 31, 2018, 09:51:38 AM
#21
I'm not even sure whether this is a bad or a good thing right now but this is definitely unusual and I have never seen it before even though I have been in the crypto scene since 2014.
I had to check a bitcoin chart just now, because I get confused on dates and such, and it looks like from October 2014 to October 2015 the price was trading in a pretty narrow range under $300.  And then from December 2015 to around May 2016, bitcoin was again stuck in a range of $380-$450 (or thereabouts).  So periods of price stability have happened in the past, so I'm not surprised we're seemingly in one of those periods now--and I'll add that I'm grateful this time the range bitcoin is "stuck" in is above $6000.

I've said it before, but I'll say it again:  stability is exactly what you want if you're using bitcoin to buy things, or if you're a merchant that accepts bitcoin without a payment processor who converts bitcoin to fiat.  But if you're holding bitcoin as an investment or if you're a trader, obviously stability isn't your friend. 

I'm a little bit in both of the above categories.  I don't actively trade, but I'd definitely like what bitcoin I have to appreciate in value.  I also spend bitcoin now fairly regularly, so for me it's fine if the price is stable (or at least doesn't drop). 

The bitcoin market behaves weird sometimes, but none of what we've seen is really out of the ordinary.  Plus news of development tends to get priced in very quickly.  I'm a believer in efficient markets for the most part.
full member
Activity: 644
Merit: 102
October 31, 2018, 09:48:05 AM
#20
The lighten network is not doing much for the price stability because it is not a factor that determines the price of bitcoin. what determines the price are :
1. supply of bitcoin and market demand for it
2. number of competing cryptocurrencies
3.exchanges it is traded on
4.regulations governing its sale
5.it is internal governance.


sr. member
Activity: 2030
Merit: 356
October 31, 2018, 09:36:15 AM
#19
I'm not even sure whether this is a bad or a good thing right now but this is definitely unusual and I have never seen it before even though I have been in the crypto scene since 2014.

From what I can see the development (Lightning network etc.) is more active than it ever was, so shouldn't that give a little boost to the price at least?
Price stability can only come when crypto is regulated and there is some governing body which controls the crypto. Until that time whales will keep on manipulating it to their benefits by pumping and dumping it and will never let it to be stable.
jr. member
Activity: 196
Merit: 4
October 31, 2018, 09:34:38 AM
#18
Bitcoin price at present time is good because if we look at the present market situation it is the actual position of the crypto market and the abnormal fluctuations in the market seen in the last year 2017 and now we can say that price is stable in these days so we can say that future is prosperous.

The price of bitcoin may be quite stable now, however, can we tell if this stability has a benefit? We keep saying that stability will make companies start accepting bitcoin as payments. We also say that people may join the crypto world once the price drops at a reasonable rate that many people may be able to afford, but does anyone know if it has affected the market in good terms?
sr. member
Activity: 784
Merit: 250
October 31, 2018, 09:30:13 AM
#17
After 9 months of decline from last year's price, here is bitcoin very stable between $6,200 and $6,500. This might give us a hint that the stable price of bitcoin is between this range. Some investors are just feeling sad probably the hype of 2017. As experts are saying one way to be mainstream is to be stable.

Here is bitcoin very stable.
newbie
Activity: 17
Merit: 0
October 31, 2018, 08:22:25 AM
#16
Even if Bitcoin would ever be stable compared to USD, then it would still be unstable, because USD is an inflationary shitcoin that loses value YOY.
jr. member
Activity: 462
Merit: 2
October 31, 2018, 09:12:38 AM
#16
In this case the crypto price is indeed difficult to predict or stability for now,
All crypto experienced the same thing about prices going down but I am sure this is a positive sign for the crypto world to buy as much as possible the main thing is patience when prices experience a sharp decline.
For that, if we buy as much as possible, be patient a little to wait for the price to go up and sell it, now for the future, I'm sure the crypto price will be stable.
hero member
Activity: 3094
Merit: 929
October 31, 2018, 08:42:54 AM
#15
I'm not even sure whether this is a bad or a good thing right now but this is definitely unusual and I have never seen it before even though I have been in the crypto scene since 2014.

From what I can see the development (Lightning network etc.) is more active than it ever was, so shouldn't that give a little boost to the price at least?

The LN hype over the bitcoin price is gone a long time ago.Just don't expect the Lightning Network to be a bitcoin price booster.The current bitcoin price stability is good and bad at the same time.
It's good, because the bulls and aggressive traders are waiting,and it's bad for the same reason. Grin
jr. member
Activity: 420
Merit: 1
October 31, 2018, 08:13:51 AM
#14
What is stability? How does "stability" look like in the time and price range? Stability will never happen, because the market is always changing.
member
Activity: 728
Merit: 11
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October 31, 2018, 08:20:50 AM
#14
I'm not even sure whether this is a bad or a good thing right now but this is definitely unusual and I have never seen it before even though I have been in the crypto scene since 2014.

From what I can see the development (Lightning network etc.) is more active than it ever was, so shouldn't that give a little boost to the price at least?
Although there is a lot of good news about Crypto, you should be sympathetic to it, because the financial world is not stable at the moment. Every home has a huge debt and financial markets are now falling apart. So when bitcoin kept the price above 6k $, that was a success.
hero member
Activity: 1834
Merit: 759
October 31, 2018, 06:32:36 AM
#13
From what I can see the development (Lightning network etc.) is more active than it ever was, so shouldn't that give a little boost to the price at least?

It's in beta, and it's not quite straightforward enough to use for the average joe. It's awesome that it's working well, but people won't really care about that until they can actually use it for their daily purchases.

I'd personally say stability is a good thing. Considering that the market thrives on developments, you'd imagine lack of developments would be bad for the market, but that hasn't held true at all. The other alternative, the way I see it, is people lose interest and a sell-off occurs. I'm fine with stability lol.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
October 31, 2018, 06:21:40 AM
#12
The price just looks like it's stable, although some volatility   is always present when we talk about Bitcoin price.
Many people are holding their coins waiting for the price to recover or because they bought Bitcoin for much biger price and that also influence the market. Also, new investors seemed to be a litte sustained.
Still I'm not worried because situation with price will change and we all know that changes happen in cycles. So at the moment it isn't maybe the best one but it will not last forever. When investing, patience is very important.
copper member
Activity: 2870
Merit: 1279
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October 31, 2018, 06:17:55 AM
#11
Probably the current users of bitcoin and the upgraded network are still the same. Not many people, who are new, are getting into the cryptocurrency scene. Unless they are putting in more money in it, so the volume would still increase, and demand would be added, leading to the rise in price.

I think what we need more is basically more mass adoption and the problems encountered during the ATH of Bitcoin could be solved by that Lightning network.
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
October 31, 2018, 06:07:11 AM
#10
The fact still remains that, Bitcoin is more of a currency than what it used to be before now (it volatility), so, the price been see currently interpret Bitcoin stability, which is more of value than the former. Though the Lightning Network impact might not be felt now but in a way still work for Bitcoin price and putting the said digital currency (BTC) into global acceptability.
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