Stop calling Bitcoin ''stable'' it's not. - page 5.

mocker001

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Quote from: XinXan on November 12, 2018, 07:46:38 PM

Low volatility doesn't mean stable. Bitcoin has experienced periods of low volatility many times, however this doesn't mean bitcoin is stable, not even close. We all know it doesn't take much for bitcoin to explode, either up or down. That's absolutely still in the cards, I mean everyone is waiting for the next bull run and some people are waiting for a big crash.

It's like saying, this bomb is stable because it hasn't exploded yet.

I strongly agree with you Mate! you were right the bomb exploded today I hope that it does not keep exploding I already lost 8.000 $. I am trying to not fall down and cry like a little kid but is hard Sad

. Do you have Any suggestion for us, please? or someone? I am willing to be open-minded and listen to everyone. Anything to calm the nerves like theories, explanations, vodka, cookies, rum, jokes…

XinXan

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Well

Seems like I was right after all and the ''big move'' happened today, although unfortunately it was a bear move. This is exactly what I was talking about, people get too comfortable, everyone thinks bitcoin is stable and then boom, that's when shit happens, bull or bear runs.

Biscutard

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Obviously it hasn't been stable ever since because of its high fluctuation rate that even a slightest movement of the market can trigger such big changes in the market. I don't think people will like it that way if bitcoin is really stable like their own fiat currency on their own country.

pixie85

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No one except a total novice will say bitcoin is stable because it never will. Bitcoin is a highly volatile currency, therefore it's stability remains undetermined. It's either in bullish or the bearish form, depending on the market.

There's nothing established about Bitcoin. It can be unstable for years and then become stable. You can judge the trend only when the pattern occurs enough times. Bitcoin had a real bull and bear market only once before. This is the second long bear market in 10 years. We don't know what to expect and we won't know until it plays out.

Nhor1011

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Quote from: XinXan on November 12, 2018, 07:46:38 PM

Low volatility doesn't mean stable. Bitcoin has experienced periods of low volatility many times, however this doesn't mean bitcoin is stable, not even close. We all know it doesn't take much for bitcoin to explode, either up or down. That's absolutely still in the cards, I mean everyone is waiting for the next bull run and some people are waiting for a big crash.

It's like saying, this bomb is stable because it hasn't exploded yet.

Well,you have a point because bitcoin was created as volatile and unstable digital currency. It means it is still changing it's price even a little. And now we can see that the value of bitcoin suddenly fallen.

pundit

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Quote from: XinXan on November 12, 2018, 07:46:38 PM

Low volatility doesn't mean stable. Bitcoin has experienced periods of low volatility many times, however this doesn't mean bitcoin is stable, not even close. We all know it doesn't take much for bitcoin to explode, either up or down. That's absolutely still in the cards, I mean everyone is waiting for the next bull run and some people are waiting for a big crash.

It's like saying, this bomb is stable because it hasn't exploded yet.

I am fail to understand who is saying Bitcoin is stable, there should be such statement from anyone aware of crypto nature, its not stable at all but going thr a sideways trend after a huge downtrend, it may breakout on either side but since its already very down so chances are there that it may explode upside after a small downside to panic people, this is my personal opinion.

mweezy

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With the current 6k$ base price of bitcion you can say it stable, but don't classify bitcoin as a stable coin they are high tendency the bitcoin will move away from static position sooner because in cryptocurrency we have experience this time without number. so bitcoin will raised again as usual.

Zalaster

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There is no reason to consider Bitcoin stable, at the same time I disagree with those who argue that today's price is unfair and it should cost a lot more. It is not, fluctuations in the range of $ 6000 is the best that we can expect in the future.

EllieBasti05

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As of this year we may call it currently stable because of being steady at $6k but it doesnt mean that the value of bitcoin will stay forever at that price, compare to the past years that the value of bitcoin fluctuated and then suddenly increased over 200 times.

Hans17

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Quote from: BuyBuyBitcoin on November 13, 2018, 02:20:11 AM

why would we want it stable when it's so under valued currently Cool

Yes sometimes we call it stable because it doesn't increase and decrease as of now, but then again just to clarify it is not a stable coin it is very volatile , it can be go up and down, very unexpected price.

Pan Troglodytes

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Quote from: BitcoinHodler on November 13, 2018, 02:38:13 AM

in my opinion you are too hard on what people say. being "stable" doesn't mean it is always going to be stable. but it is currently stable. which is the same as having low volatility at the moment but that doesn't mean bitcoin stopped being volatile.

this is a trend before the rise begins.

Actually it is getting more and more stable with time, too. A few years ago changes 10% daily were normal, now we are seeing changes of 1% daily. Just look at the past charts and you will see.

Fortified

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Quote from: XinXan on November 12, 2018, 07:46:38 PM

Low volatility doesn't mean stable. Bitcoin has experienced periods of low volatility many times, however this doesn't mean bitcoin is stable, not even close. We all know it doesn't take much for bitcoin to explode, either up or down. That's absolutely still in the cards, I mean everyone is waiting for the next bull run and some people are waiting for a big crash.

It's like saying, this bomb is stable because it hasn't exploded yet.

Yes Bitcoin is not a stable coin but as of now it is like a stagnant water which is not flowing but some people like the price to go down because they want to buy more and they want to buy more Bitcoin , and the others wants the bull run since they have already Btc .

absurde

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i love the defination bomb which hasn't exploaded. That ind of comments make people happy and hopeful:) But the goverments and third parties are trying to make Bitcoin stable. Thats right.

Vladislav2306

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In confirmation of these words, today Bitcoin has ceased to be stable and has fallen. I hope we don't reach prices in 3000 or 1000 $.

gesdan

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bicoin is not stable if we compare bitcoin with the other currency, but we can call bitcoin stable if we compared bitcoin with other cryptocurrency, like the XRP, XLM and other cryptocurrency

carlisle1

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Quote from: XinXan on November 12, 2018, 07:46:38 PM

Low volatility doesn't mean stable. Bitcoin has experienced periods of low volatility many times, however this doesn't mean bitcoin is stable, not even close. We all know it doesn't take much for bitcoin to explode, either up or down. That's absolutely still in the cards, I mean everyone is waiting for the next bull run and some people are waiting for a big crash.

It's like saying, this bomb is stable because it hasn't exploded yet.

Lol better say that its the manipulators who makes this market move,like the pumping thats happening then ithey are the one who’s responsible for the price dumping
But you are right about bitcoins comparable to bomd that any moment can explode even if this took a very long time

Dudeperfect

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Bitcoin is definitely not a stable cryptocurrency at this stage and I don't see that we can expect stability from it at least for some years as Bitcoin is still in the basic phase of development. Bitcoin is a part of the wild Crypto market which is highly volatile in nature and demand over the period of time would definitely affect the price of it.

Hustinog

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Yes it is not stable. But it is kinda controlled. Its volatility seems controlled as of now because it is kinda stable. It is not stable as what the definition of stable is but the point is it is not dropping that low and not rising that high. That's what I also think and I just want to make my point clearer to you as well as the others. Bitcoin will never be stable I guess, but soonest it will rise that 'high' as what I've said.

Jamburn

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The Bitcoin price will never be stable, maybe it plays in some echoes but you will find that there are still changes on it. That is because it is volatile and it depends on the demand of the bitcoin in the market if it goes up or down

globalking

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POINTPAY

I can somewhat agree with you but I will still say that bitcoin stable because of the current market position bitcoin is still around $6500.

Topic: Stop calling Bitcoin ''stable'' it's not. - page 5. (Read 1945 times)