Topic: Stable, stable, stable! (Read 14312 times)
now the stability of bitcoin has been break and the bitcoin is in downfall direction, the price is about 130 USD down from its stable position within 3 days, so what do you think what will happen, is it possible that the price of bitcoin will come back to its previous position, i personally hopping that very soon the price of bitcoin will be cover, and it will gain its previous position very soon.
Stability can't attract more people but people are already attracted that's why bitcoin reached the status of becoming a stable one. That's I don't want bitcoin to become popular more since I care for the price and Im using bitcoin as an investment.
Aside from the benefits we can get from using bitcoin, let's just take advantage of that investment since big whales are still here making such trend.
Aside from the benefits we can get from using bitcoin, let's just take advantage of that investment since big whales are still here making such trend.
Stability may not attract investors or traders. But stability can attract more users and the price will rise gradually.
If anything, this stability could attract more people into bitcoin. Because if the price remains this way, people would now start to look as it as an alternative currency, much like the dollar which is also a very stable currency. Although it is not really bitcoin's nature to be stable, this thing going on could last a while because nothing has really happened to make the price jump up and down again.
Stability can't attract more people but people are already attracted that's why bitcoin reached the status of becoming a stable one. That's I don't want bitcoin to become popular more since I care for the price and Im using bitcoin as an investment.
Aside from the benefits we can get from using bitcoin, let's just take advantage of that investment since big whales are still here making such trend.
It's one of the darkest period for Bitcoin right now despite all good news that people don't really know how to read, it's all just hype for everyone. Until some of the major problems are resolved Bitcoin will remain what it has been for several years a speculation instrument. Since high leverage and shorting were introduced the amount of money poured into the market has gone lower and lower and it's becoming harder and harder to sustain or even reach higher prices.
I see bitcoin in 2015 as fundamentally no different to bitcoin in any other year. Its still new and is still experimental. Anything that is new and experimental will be speculated - that is just "natural". Again allowing high leverage and shorting are just part of a commodity/currency getting more and more of the treatment that other commodities/currencies have to face.
It is not necessarily a dark period let alone one of its darkest periods. New demand is weak currently but we have not even got to the point where the average person would trust one of these exchanges - as they are far from transparent eg about internal manipuation. That is why the twins exchange might bring about more volume.
Give bitcoin a few more years and it will be doing much better
I also have thought a couple of times of quoting but I am going to be patient and wait it out.
No one will quit. And if there are people that will indeed quit, then we're much better off without them as they don't add anything of value to Bitcoin. I personally don't mind stability as it gives less experienced Bitcoiners and the average joe more incentive to use Bitcoin as currency.
It's one of the darkest period for Bitcoin right now despite all good news that people don't really know how to read, it's all just hype for everyone. Until some of the major problems are resolved Bitcoin will remain what it has been for several years a speculation instrument. Since high leverage and shorting were introduced the amount of money poured into the market has gone lower and lower and it's becoming harder and harder to sustain or even reach higher prices.
I see bitcoin in 2015 as fundamentally no different to bitcoin in any other year. Its still new and is still experimental. Anything that is new and experimental will be speculated - that is just "natural". Again allowing high leverage and shorting are just part of a commodity/currency getting more and more of the treatment that other commodities/currencies have to face.
It is not necessarily a dark period let alone one of its darkest periods. New demand is weak currently but we have not even got to the point where the average person would trust one of these exchanges - as they are far from transparent eg about internal manipuation. That is why the twins exchange might bring about more volume.
Give bitcoin a few more years and it will be doing much better
I also have thought a couple of times of quoting but I am going to be patient and wait it out.
No one will quit. And if there are people that will indeed quit, then we're much better off without them as they don't add anything of value to Bitcoin. I personally don't mind stability as it gives less experienced Bitcoiners and the average joe more incentive to use Bitcoin as currency.
I do personally not like it when the price is stable for a to long time because at that point it is just boring.
You have to wait for the price to go up or down again.
You have to wait for the price to go up or down again.
Yes it have some scenario that price will stable for a long time and suddenly drop nor up and we cant really tell when it gonna happen since theirs no halving awaiting for this time and really flactuationa are really unsafe for those who selects to hold rather than use it in some good ways, but i believe that this price where remain flatten as you said and hope to move on next month forward.
After the sudden drop, the bitcoin price will rise a lot. That has happened several times before. It also happened to Ethereum.
Don't compare ethereum movements here as it was purely manipulated and eth are not that great in numbers compare to bitcoin.
Bitcoin today doesn't need now a pure manipulation since even at $50 increase attempt, many users will ride the wave resulting for a significant price increase.
Yes it have some scenario that price will stable for a long time and suddenly drop nor up and we cant really tell when it gonna happen since theirs no halving awaiting for this time and really flactuationa are really unsafe for those who selects to hold rather than use it in some good ways, but i believe that this price where remain flatten as you said and hope to move on next month forward.
After the sudden drop, the bitcoin price will rise a lot. That has happened several times before. It also happened to Ethereum.
Traders like the volatile price so that they can make more money. Investors like to stable rising price.
Stable price is the major factor for a good currency. When the price of bitcoin becomes stable like Euro, it will be a good currency.
I just wish the bitcoin price rises or drops no more than 5% every months, that is as good as major currencies.
Yes it have some scenario that price will stable for a long time and suddenly drop nor up and we cant really tell when it gonna happen since theirs no halving awaiting for this time and really flactuationa are really unsafe for those who selects to hold rather than use it in some good ways, but i believe that this price where remain flatten as you said and hope to move on next month forward.
its great that the price is stable i think that means that it is going to grow soon
This stability will get Bitcoin zero publicity. There is no way the news is going to report that Bitcoin's price has done nothing for weeks. It takes wild price swings to get publicity.
Could the stability be as a result of people not buying bitcoins as much. I think the trade volume went down after the halving or the price won't fall like it did.
Traders like the volatile price so that they can make more money. Investors like to stable rising price.
Stable price is the major factor for a good currency. When the price of bitcoin becomes stable like Euro, it will be a good currency.
I just wish the bitcoin price rises or drops no more than 5% every months, that is as good as major currencies.
Traders like the volatile price so that they can make more money. Investors like to stable rising price.
Stable price is the major factor for a good currency. When the price of bitcoin becomes stable like Euro, it will be a good currency.
I just wish the bitcoin price rises or drops no more than 5% every months, that is as good as major currencies.
Traders like the volatile price so that they can make more money. Investors like to stable rising price.
Stable price is the major factor for a good currency. When the price of bitcoin becomes stable like Euro, it will be a good currency.
I just wish the bitcoin price rises or drops no more than 5% every months, that is as good as major currencies.
There will come a time when the price will be stable, but it is too early.
I got a feeling there are too many person who hold to many coins, and they are controlling bitcoin, like it is their baby. Every price increase or large dump -100 dollar is because they want it.
And not because the market wants it.
I got a feeling there are too many person who hold to many coins, and they are controlling bitcoin, like it is their baby. Every price increase or large dump -100 dollar is because they want it.
And not because the market wants it.
As time goes on, the distribution of the bitcoin will be more evenly if people use the bitcoin as a currency.
There will come a time when the price will be stable, but it is too early.
I got a feeling there are too many person who hold to many coins, and they are controlling bitcoin, like it is their baby. Every price increase or large dump -100 dollar is because they want it.
And not because the market wants it.
I got a feeling there are too many person who hold to many coins, and they are controlling bitcoin, like it is their baby. Every price increase or large dump -100 dollar is because they want it.
And not because the market wants it.
Traders like the volatile price so that they can make more money. Investors like to stable rising price.
Stable price is the major factor for a good currency. When the price of bitcoin becomes stable like Euro, it will be a good currency.
I just wish the bitcoin price rises or drops no more than 5% every months, that is as good as major currencies.
Actually, I am quite happy with the fact that we probably never going to lose the volatility in the market. It allows the market to get a constant flow of new money coming in. That's the main thing.
Traders like the volatile price so that they can make more money. Investors like to stable rising price.
Stable price is the major factor for a good currency. When the price of bitcoin becomes stable like Euro, it will be a good currency.
I just wish the bitcoin price rises or drops no more than 5% every months, that is as good as major currencies.
Traders like the volatile price so that they can make more money. Investors like to stable rising price.
Stable price is the major factor for a good currency. When the price of bitcoin becomes stable like Euro, it will be a good currency.
I just wish the bitcoin price rises or drops no more than 5% every months, that is as good as major currencies.
Traders like the volatile price so that they can make more money. Investors like to stable rising price.
Stable price is the major factor for a good currency. When the price of bitcoin becomes stable like Euro, it will be a good currency.
I just wish the bitcoin price rises or drops no more than 5% every months, that is as good as major currencies.
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