Topic: The markets are finaly stabilizing. - page 2. (Read 561 times)
It seems like market stabilizing but I don't think that it will continue in this position for a longer term and I am expecting a positive momentum after the first quarter of this year and it will keep growing in the rest of the year. Current price fall is a result of price rally of the previous year and considering the world's perception and media coverage as well as social media sentiments I am sure about the increase in the user base and indirectly in the price. but this time we cannot ignore the altcoins too.
It looks like we are going back to confirm the bottom. Honestly I wasn't expecting it to start going down again like that but it will either stop before the previous bottom or touch it and go back up.
We've just witnessed the storm last week!
In which direction?
calm before the storm
i think this consolidation moves will last longer
but i think in this condition is not good for trader
good waves is good gain and also high risk
i think this consolidation moves will last longer
but i think in this condition is not good for trader
good waves is good gain and also high risk
We've just witnessed the storm last week!
and also, this calm wave will be break probably in mid year
In which direction?
calm before the storm
i think this consolidation moves will last longer
but i think in this condition is not good for trader
good waves is good gain and also high risk
and also, this calm wave will be break probably in mid year
i think this consolidation moves will last longer
but i think in this condition is not good for trader
good waves is good gain and also high risk
and also, this calm wave will be break probably in mid year
And what you're saying about volatility isn't really the case either, volatility has been dropping since 2010, though the last couple of months we have seen a little spike upwards again.
And of course we can see the prices move every day, that's the case with every currency, there wouldn't be a market if that wasn't the case.
And of course we can see the prices move every day, that's the case with every currency, there wouldn't be a market if that wasn't the case.
To tell the truth, I don't think we can compare the volatility of 2010 with what we have today. The reason is rather straightforward. Back in the day the monetary supply of new coins relative to the total amount of coins in circulation was very high, so volatility was sort of a given back then. Today is different. New coins make up only a small percentage and thus what we see these days can be loosely called a pure, pristine form of volatility mostly free of disturbances due to the influx of new coins.
Hi,
Indeed, this can really be interesting. It can also be kind of a threat... But let's not focuse only on "bad" aspects.
If the market manage to reach stability (more or less), then it means that potentially, bitcoin can become a daily currency. Just because the price is rather fixed, just like with any other fiat currency.
So, I actually think that's a great news. It means new challenges to face but also new opportunities, new possibilities!
Indeed, this can really be interesting. It can also be kind of a threat... But let's not focuse only on "bad" aspects.
If the market manage to reach stability (more or less), then it means that potentially, bitcoin can become a daily currency. Just because the price is rather fixed, just like with any other fiat currency.
So, I actually think that's a great news. It means new challenges to face but also new opportunities, new possibilities!
IMO Bitcoin would become stable only after it was recognized as a valid currency by most governments and when most people were holding the amount of BTC they wish for. Right now we are not even close to the former or the latter.
Knowing well that the price will be much higher in the future and that Bitcoin is worth buying, big whales manipulate the price to buy as much as they can at the lowest price possible. This process is far from being over.
Knowing well that the price will be much higher in the future and that Bitcoin is worth buying, big whales manipulate the price to buy as much as they can at the lowest price possible. This process is far from being over.
I don't think such recognition is actually required but it will definitely help Bitcoin greatly. What Bitcoin really needs now is wide acceptance by merchants and shops but this is not possible without fast and cheap transactions. So we need fast and cheap transactions first, then wider acceptance by shops and stores, and finally people using bitcoins as a means of payment. When Bitcoin is no longer used only for wild speculation as it is now, that will help reduce volatility a lot.
If fast transactions were cheaper or cheap transactions were faster it wouldn't hurt Bitcoin, that's for sure. But we already had this in the past but still the Bitcoin's volatility was on high level. Yes, merchants would be accepting Bitcoin with more enthusiasm if the transactions issue were solved but I can't see how that would prevent speculation.
Volatility is an aspect of crypto that would be hard to tske away so i don't think we can expect the market to really stabilize. These up and down movement defines what cryptoccurrencies are and this is how traders make money.
and now 22 jan back with a fairly high miner fee. I think for a while the bitcoin fee and the price of the bitcoin itself are not significantly up or down.
the total volume trade in of the market exchange I agree its more stable for now. but about mining of this coin its not stable yet i think . its not significant go to up or down .
the total volume trade in of the market exchange I agree its more stable for now. but about mining of this coin its not stable yet i think . its not significant go to up or down .
I agree with that the price will not stable till right now it takes some time to stable and the bitcoin value also didn't comes to a stable price , hope the this Confusion's will come to an end soon and the new investors will confuse with that collapse surely bitcoin had a great value in future .
Bitcoin was near $1000 a year ago in December, it has crossed $19000 mark within a year. This sudden rise was surprising. Soon profit booking started and its slipped down below $10000. Bitcoin again recovered and now settled near $11000. All markets of the world shows down trending in the month of December every year. By the mid of January they recovers and stabilizes to its real price. This happens every year due to festival & xmas season.
What it means that market is finally stabilizing? If you are taking about BTC price then BTC price is never stabilize its the main property of bitcoin that price will be always volatile and will be varying with time and due to this property trades are getting chance of doing trading of buying and selling. While if market of BTC stabilize then i think it will lose their alot of customers.
I conceptually agree with your point. The only thing that I want to clarify and perhaps add some light to is that Bitcoin will remain highly volatile as long as it remains mostly a vehicle for speculation. Were it used in real commerce and people would actually spend their coins on everyday shit like they do with dollars and other fiat currencies, that would help stabilize prices greatly. People would see how one bitcoin stands in respect to goods which can be bought with this currency, and it would tranquilize volatility down to a bearable level.
and now 22 jan back with a fairly high miner fee. I think for a while the bitcoin fee and the price of the bitcoin itself are not significantly up or down.
the total volume trade in of the market exchange I agree its more stable for now. but about mining of this coin its not stable yet i think . its not significant go to up or down .
So long as the transaction volume Bitcoin can handle remains the same, Bitcoin won't stabilize and will continue to be unstable to use and to mine. It needs to scale in order to accommodate more investors coming and investing into bitcoin and to handle their transactions properly. Volume of trade in the market exchange haven't stabilized too but like you said it is more stable now. the total volume trade in of the market exchange I agree its more stable for now. but about mining of this coin its not stable yet i think . its not significant go to up or down .
Stabilizing ? Stabilize is a state of being firm which is not applicable on the cryptomarket, as we can see the price moves everyday, every hour and every a couple of minutes it does. It can't be stable as the market is volatile and affected by the demand and supply so its price is increasing and decreasing. Bitcoin cannot achieve stabilizing as it is decentralized in the first place.
Have you even read the original post though? It's not directly talking about price, but about other aspects of Bitcoin which are in fact stabilizing.
And what you're saying about volatility isn't really the case either, volatility has been dropping since 2010, though the last couple of months we have seen a little spike upwards again.
And of course we can see the prices move every day, that's the case with every currency, there wouldn't be a market if that wasn't the case.
I've been looking at the charts and it looks like we may now have enough participants to average things out properly.
NO more neuronal spikes in the charts.
Cost % of transaction volume
Total Transaction Fees in USD
Total Transaction Fees
Hash Rate
Miners Revenue
Average number of Transaction
This is the only worrying aspect of bitcoin at the moment, the transaction volume, it has to be scaled up, we are limiting the scope of our customers.
Larger and larger investors are coming in, and this bottleneck is causing serious problems to get that money in the Blockchain ecosystem.
We may start seeing some true stability now... the wildness has dropped significantly.
NO more neuronal spikes in the charts.
Mining Fees
Cost per TransactionCost % of transaction volume
Total Transaction Fees in USD
Total Transaction Fees
Mining Hash Rate
Hash Rate
Miners Revenue
Average number of Transaction
This is the only worrying aspect of bitcoin at the moment, the transaction volume, it has to be scaled up, we are limiting the scope of our customers.
Larger and larger investors are coming in, and this bottleneck is causing serious problems to get that money in the Blockchain ecosystem.
We may start seeing some true stability now... the wildness has dropped significantly.
Hopefully bitcoins price become more stable to lessen the worry of some investors. But for me since the price now is low, it is better to buy and invest in bitcoin and wait for it to grow later in this year.
Stabilizing ? Stabilize is a state of being firm which is not applicable on the cryptomarket, as we can see the price moves everyday, every hour and every a couple of minutes it does. It can't be stable as the market is volatile and affected by the demand and supply so its price is increasing and decreasing. Bitcoin cannot achieve stabilizing as it is decentralized in the first place.
and now 22 jan back with a fairly high miner fee. I think for a while the bitcoin fee and the price of the bitcoin itself are not significantly up or down.
the total volume trade in of the market exchange I agree its more stable for now. but about mining of this coin its not stable yet i think . its not significant go to up or down .
the total volume trade in of the market exchange I agree its more stable for now. but about mining of this coin its not stable yet i think . its not significant go to up or down .
As far as I know the market now a days is stabilizing becasue bitcoin is the new trend business in the social network market and I know that people are trying to do a work so that the progress of bitcoin will be assurely free in hassle and it will be in the highest percentage of high level and people will hold on just to be fitted in bitcoin. People are trying to be with bitcoin because we knew that we can get highest advantages that soon we can use for the future and for the better.
What it means that market is finally stabilizing? If you are taking about BTC price then BTC price is never stabilize its the main property of bitcoin that price will be always volatile and will be varying with time and due to this property trades are getting chance of doing trading of buying and selling. While if market of BTC stabilize then i think it will lose their alot of customers.
IMO Bitcoin would become stable only after it was recognized as a valid currency by most governments and when most people were holding the amount of BTC they wish for. Right now we are not even close to the former or the latter.
Knowing well that the price will be much higher in the future and that Bitcoin is worth buying, big whales manipulate the price to buy as much as they can at the lowest price possible. This process is far from being over.
Knowing well that the price will be much higher in the future and that Bitcoin is worth buying, big whales manipulate the price to buy as much as they can at the lowest price possible. This process is far from being over.
I don't think such recognition is actually required but it will definitely help Bitcoin greatly. What Bitcoin really needs now is wide acceptance by merchants and shops but this is not possible without fast and cheap transactions. So we need fast and cheap transactions first, then wider acceptance by shops and stores, and finally people using bitcoins as a means of payment. When Bitcoin is no longer used only for wild speculation as it is now, that will help reduce volatility a lot.
If fast transactions were cheaper or cheap transactions were faster it wouldn't hurt Bitcoin, that's for sure. But we already had this in the past but still the Bitcoin's volatility was on high level. Yes, merchants would be accepting Bitcoin with more enthusiasm if the transactions issue were solved but I can't see how that would prevent speculation.
I think more and more people are really moving to segwit because the mempool transactions is really decreasing. Yes, I also read a lot of prediction breaking that $13K will start another rally. Let's see what will it bring tomorrow.
That could be a factor, but unless the major exchanges all adopt Segwit, I don't think adoption by average trader is going to make this dramatic of an improvement. It is quite head scratching how we've had and maintained such a large number of transactions for a month, only for it to drop rapidly in a span of a few days. I obviously can't tell for sure what happened, but I'd say traders are just settling down.
This is good though, because it means Bitcoin is ready for another run. When that will come is anyone's guess though.
IMO Bitcoin would become stable only after it was recognized as a valid currency by most governments and when most people were holding the amount of BTC they wish for. Right now we are not even close to the former or the latter.
Knowing well that the price will be much higher in the future and that Bitcoin is worth buying, big whales manipulate the price to buy as much as they can at the lowest price possible. This process is far from being over.
Knowing well that the price will be much higher in the future and that Bitcoin is worth buying, big whales manipulate the price to buy as much as they can at the lowest price possible. This process is far from being over.
I don't think such recognition is actually required but it will definitely help Bitcoin greatly. What Bitcoin really needs now is wide acceptance by merchants and shops but this is not possible without fast and cheap transactions. So we need fast and cheap transactions first, then wider acceptance by shops and stores, and finally people using bitcoins as a means of payment. When Bitcoin is no longer used only for wild speculation as it is now, that will help reduce volatility a lot.
Not quite I think it's just that the fluctuations are really that small to consider as a major pump and dump. The market are still on its process of changing prices from high to low then vice versa it will not stabilized unless certain regulations will come out to rule the market and have a fix price for all cryptos. I think in few more months we will experiencing again a huge pump and dump as well as new high record.
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