From the "slightly bullish" price movement at the beginning of this thread we moved now to a "slightly bearish" trend, but still nothing to worry about - no relevant price mark has been broken so far.
The market is still in "wait and see" mode. I guess it will stay there for the next three weeks, until there is real news respect to Segwit2x deployment. It's understandable, as normally it would be a good moment to take profits, but on the other hand, doing that one risks "missing the train" if Segwit2x leads to another rally - and as we know because of the "buy the rumours" effect, the rally can begin any day, if some insider has interesting information (or wants to make us believe he/she has).
Topic: Slow gains and stability - page 3. (Read 3397 times)
The last couple weeks we have seen a relative stable price with slow upticks. Many prefer to see this rather than huge instant rises. I like the fact we have been holding in in the 2700 to 2800 range last several days. We know from past summer is a quiet period. If we stay at this range through summer I would be quite happy.
Get through August unscathed then gain some momentum heading into the latter half of the year!
Steady price is good for bitcoin progress.But bitcoin being a decentralized currency,its hard to expect that it would remain stable in a price since volatility is its nature.Even it remains stable,it would remain only temporarily for a very short period.It is due to its volatile nature traders gain profits due to difference in price.Get through August unscathed then gain some momentum heading into the latter half of the year!
Bitcoin isn't really stable, even if the price is not moving it isn't mean it is stable, we can never guess which movement bitcoin will take, even if you assume that the price would just stay there, the bitcoin price is really resisting right now but the price we had is an A OK price because back then bitcoin value is only in the 3 digit number mark and right now that we are in the $2000 mark value earning with bitcoin is great for me.
I feel that bitcoin unstable price is a great asset to begin with. No one really can predict the movement and as a result investors are just holding on it and "speculate" on when they gonna dump it. So for me, this volatility of bitcoin makes it one of the best investment around. You can either make or break. Simply as that.
The last couple weeks we have seen a relative stable price with slow upticks. Many prefer to see this rather than huge instant rises. I like the fact we have been holding in in the 2700 to 2800 range last several days. We know from past summer is a quiet period. If we stay at this range through summer I would be quite happy.
Get through August unscathed then gain some momentum heading into the latter half of the year!
Steady price is good for bitcoin progress.But bitcoin being a decentralized currency,its hard to expect that it would remain stable in a price since volatility is its nature.Even it remains stable,it would remain only temporarily for a very short period.It is due to its volatile nature traders gain profits due to difference in price.Get through August unscathed then gain some momentum heading into the latter half of the year!
Bitcoin isn't really stable, even if the price is not moving it isn't mean it is stable, we can never guess which movement bitcoin will take, even if you assume that the price would just stay there, the bitcoin price is really resisting right now but the price we had is an A OK price because back then bitcoin value is only in the 3 digit number mark and right now that we are in the $2000 mark value earning with bitcoin is great for me.
The last couple weeks we have seen a relative stable price with slow upticks. Many prefer to see this rather than huge instant rises. I like the fact we have been holding in in the 2700 to 2800 range last several days. We know from past summer is a quiet period. If we stay at this range through summer I would be quite happy.
Get through August unscathed then gain some momentum heading into the latter half of the year!
Steady price is good for bitcoin progress.But bitcoin being a decentralized currency,its hard to expect that it would remain stable in a price since volatility is its nature.Even it remains stable,it would remain only temporarily for a very short period.It is due to its volatile nature traders gain profits due to difference in price. Get through August unscathed then gain some momentum heading into the latter half of the year!
I get the impression that current period of relative price stability and lack of big movements is just the calm before the storm.
Everyone is just watching and waiting for the outcome of the scaling upgrade. I heard some voices that Indian legalisation in underway, wich will be great.
But at the same time no one mentioned that Bitcoin double taxation ends in Australia July 1st, Australia decided to legalise Bitcoin too!
Everyone is just watching and waiting for the outcome of the scaling upgrade. I heard some voices that Indian legalisation in underway, wich will be great.
But at the same time no one mentioned that Bitcoin double taxation ends in Australia July 1st, Australia decided to legalise Bitcoin too!
Australia is reported to be a "Bitcoin desert" of sorts
So this event will likely pass completely unnoticed. If anything, it should have already been priced in. Folks from India don't confirm it that the Indian government is going to legalize Bitcoin any time soon. They just seem to be aware of it and obviously want to regulate it somehow, but that doesn't mean that they are closer to its complete legalization than outright prohibition. Regarding prices, we will certainly see plenty of volatility in the coming days before the deadline of August, 1st
I get the impression that current period of relative price stability and lack of big movements is just the calm before the storm.
Everyone is just watching and waiting for the outcome of the scaling upgrade. I heard some voices that Indian legalisation in underway, wich will be great.
But at the same time no one mentioned that Bitcoin double taxation ends in Australia July 1st, Australia decided to legalise Bitcoin too!
Everyone is just watching and waiting for the outcome of the scaling upgrade. I heard some voices that Indian legalisation in underway, wich will be great.
But at the same time no one mentioned that Bitcoin double taxation ends in Australia July 1st, Australia decided to legalise Bitcoin too!
The last couple weeks we have seen a relative stable price with slow upticks. Many prefer to see this rather than huge instant rises. I like the fact we have been holding in in the 2700 to 2800 range last several days. We know from past summer is a quiet period. If we stay at this range through summer I would be quite happy.
Get through August unscathed then gain some momentum heading into the latter half of the year!
Get through August unscathed then gain some momentum heading into the latter half of the year!
You must be confusing the past summer with some other season
The summer of 2016 was really intense. The price had been rising since the beginning of that year on hype linked to the coming reward halving. Bitcoin rose from like 350 dollars and all the way up to 750 dollars per coin during the first half of the year. In June, just a few weeks before the actual event (the halving happened in the first 10 days of July, if I'm not mistaken), the price crashed massively down to 600 dollars. Then in early August Bitfinex got hacked and the price went below 500 dollars for a few moments. I don't think it cuts as a quiet period by any means
Price have rose exponentially on starting days of this month so I was worried about another big dump just after that huge pump. Thankfully price remain stable above $2000 and now I think we are heading towards $3000, which might be new floor for bitcoin. $5000 coming........... 
It is good that prices need to stabilise around 2500 mark some more time then it will give a good foundation for next big move. Just need to hold on to it and next one or two year time will be making many folds of profit from our investments. Recently Indian government also ask experts to come up with regulation guidelines, let's see how it goes.
Bitcoin proves that the stability of its value is not too negative because investors will dare to predict if next year the price will also rise.
Rather than other coins that shot high but did not last long.
Rather than other coins that shot high but did not last long.
Slow gains and stability is a very good rising, it makes people not doing a whole sale or panic sell and it proves that bitcoin is not just a bubble, most of the people like this situation, it makes the bitcoin more predictable, but the traders dont like this situation
The last couple weeks we have seen a relative stable price with slow upticks. Many prefer to see this rather than huge instant rises. I like the fact we have been holding in in the 2700 to 2800 range last several days. We know from past summer is a quiet period. If we stay at this range through summer I would be quite happy.
Get through August unscathed then gain some momentum heading into the latter half of the year!
As per the basics of trading, always sustaining prices are triggering to upward momentum. When prices are staying with in some range we can assume there will be equal number of buyers and sellers and they are keeping prices to trade within some levels. Get through August unscathed then gain some momentum heading into the latter half of the year!
In this type of situation, usually buyers alone breaking the upper end as they will be having more confident for another wave of appreciations compared to bears.
Get through August unscathed then gain some momentum heading into the latter half of the year!
I really like the stable price of bitcoin and i am sure if we are able to get through the scaling part without much issues and goes according to the plans then we will be having a good rally and expect the price to break new barriers ,i am sure the market is stabilizing mainly because of the scaling talks and i expect it to continue like this ,till it gets over. 
Price have rose exponentially on starting days of this month so I was worried about another big dump just after that huge pump. Thankfully price remain stable above $2000 and now I think we are heading towards $3000, which might be new floor for bitcoin. $5000 coming...........
It is good that prices need to stabilise around 2500 mark some more time then it will give a good foundation for next big move. Just need to hold on to it and next one or two year time will be making many folds of profit from our investments. Recently Indian government also ask experts to come up with regulation guidelines, let's see how it goes.
especially for a daily trader it's gives a lot of opportunity to make money ,
i can't see a stability also a slow gains but just a good price range for now ,
at least there is no huge drops as it could leading into a deep drop once people getting panic.
Price have rose exponentially on starting days of this month so I was worried about another big dump just after that huge pump. Thankfully price remain stable above $2000 and now I think we are heading towards $3000, which might be new floor for bitcoin. $5000 coming...........
It is good that prices need to stabilise around 2500 mark some more time then it will give a good foundation for next big move. Just need to hold on to it and next one or two year time will be making many folds of profit from our investments. Recently Indian government also ask experts to come up with regulation guidelines, let's see how it goes.
Yes. it looks like that Indian government is ready to legalized bitcoin. Hopefully it will push the price to the elusive $3000 mark. Currently, the price is steady which is good to see. But we all know that what we want is $3000. I think I'm positive that we can break it within the next weeks or so. We just have to be patience for now because once it has been broken, we will all be jumping for joy because $4000 will be the next target.
For now i seen in the live chart that the price is gaining naturally increase and hoping that $2,900 value will be reach. .
Price have rose exponentially on starting days of this month so I was worried about another big dump just after that huge pump. Thankfully price remain stable above $2000 and now I think we are heading towards $3000, which might be new floor for bitcoin. $5000 coming...........
It is good that prices need to stabilise around 2500 mark some more time then it will give a good foundation for next big move. Just need to hold on to it and next one or two year time will be making many folds of profit from our investments. Recently Indian government also ask experts to come up with regulation guidelines, let's see how it goes.
Yes. it looks like that Indian government is ready to legalized bitcoin. Hopefully it will push the price to the elusive $3000 mark. Currently, the price is steady which is good to see. But we all know that what we want is $3000. I think I'm positive that we can break it within the next weeks or so. We just have to be patience for now because once it has been broken, we will all be jumping for joy because $4000 will be the next target.
Price have rose exponentially on starting days of this month so I was worried about another big dump just after that huge pump. Thankfully price remain stable above $2000 and now I think we are heading towards $3000, which might be new floor for bitcoin. $5000 coming...........
It is good that prices need to stabilise around 2500 mark some more time then it will give a good foundation for next big move. Just need to hold on to it and next one or two year time will be making many folds of profit from our investments. Recently Indian government also ask experts to come up with regulation guidelines, let's see how it goes.
The last couple weeks we have seen a relative stable price with slow upticks. Many prefer to see this rather than huge instant rises. I like the fact we have been holding in in the 2700 to 2800 range last several days. We know from past summer is a quiet period. If we stay at this range through summer I would be quite happy.
Get through August unscathed then gain some momentum heading into the latter half of the year!
Get through August unscathed then gain some momentum heading into the latter half of the year!
Everyone will be happy if things turn out the way we all wanted but unfortunately the price of bitcoin is not dependent on the feelings of individuals rather than the forces and factors behind such swings of prices. All we should hope for is that these determining factors should continue to work in the favor of bitcoin so that we can all be happy even beyond August and summer.
The last couple weeks we have seen a relative stable price with slow upticks. Many prefer to see this rather than huge instant rises. I like the fact we have been holding in in the 2700 to 2800 range last several days. We know from past summer is a quiet period. If we stay at this range through summer I would be quite happy.
Get through August unscathed then gain some momentum heading into the latter half of the year!
Get through August unscathed then gain some momentum heading into the latter half of the year!
Slow and steady growth is a healthy growth. Yes, some prefer a steady and stable price so that no major drop on price will occur. Staying at this phase is beneficial to Bitcoin as a whole since more investors might be attracted and start engaging in Bitcoin. Steady growth is great if the price trend is always upward
Price have rose exponentially on starting days of this month so I was worried about another big dump just after that huge pump. Thankfully price remain stable above $2000 and now I think we are heading towards $3000, which might be new floor for bitcoin. $5000 coming...........
A stable period near a big rise is a good sign of consolidation, if it stays at this range and doesn't tread downward for a fairly decent period of time this can be considered a new baseline area. Should be interesting though
Yep. I'm all in with this. The current new "norm" looks good.
Usually stable prices are good symptoms for another rally. I do see markets are gaining momentum for another massive rally hence I am not expecting prices to stay calm till August for positive out come for scalability as markets are known to react for future events, we can expect those to happen from two month before onward too.
This is mostly true, and have some speculation on August or September for some bigger changes in price. For next month or two expect to be stable price. Usually in this time it is stable after everything that is happening.
So we wont experience any change that big for next month or two. Seem like it will be another big gathering and this may be good and bad for price, just hope it wont be dump.
Looks like all anticipated the upcoming event in august. Yes i hope it isnt that bad for us.
So for in two months we're expecting the slowly but surely movement of bitcoin and that's nice.
But for me personally, I want some big pump one of these days for us to grab the chance like that. Convert btc to fiat or sell it. Then it would go back again from its steady price. Hope that will happen just for one day. Oh im really dreaming.
On the contrary, I'm seeing a positive move now to $3K. I think the slowly phase has gaining ground now and we may see the elusive $3000 in the next few weeks. It is going to $2800 currently. I don't know if this price can be sustain within the day as some might sell their bitcoin again. I will continue to monitor the price and see how it unfolds.
Yes, that two steps forward one step back movement again and again. I see that 3k psychological barrier cracking. And before you know it, we'll all be in a community that will be in woe whenever the price reverts back to the 2000s hahahha, 3k will be a new solid standard just as 1k and 2k were!. Good times and maybe some necessary bad times ahead.
Also I can't stress enough the surge in Bitcoin value whenever a country's legalization takes place. It's clear that when Japan did so, exchange rates became ballistic, and in the long term helped achieve a new "higher low". This will be true as we will feel India and Australia's influence over the next few weeks.
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