What if Bitcoin just hold steady for months and months

ice_man75

member

Activity: 150

Merit: 44

ICEMAN - SMART CONTRACTS DEVELOPER

Quote from: imapessimist on January 25, 2018, 06:25:10 AM

Bitcoin isn't moving very much just now. Up a tiny bit and then down a tiny bit. Would this be very boring for people. This might not encourage more people to buy. I think the only way people buy is if it's going up and down more. Because then at least they will have half a chance of making a good profit.

Please leave. You don't belong here. If you think Bitcoin is just a form of investment and see it as if something you can make a profit from than you don't belong in this community. Bitcoin is our revolution to take back control from the corrupted ones.

elizavetausova0112

newbie

Activity: 84

Merit: 0

Hello. Well he too does not stick to constantly! And it will not be. He will fall and raise ! All on I think slightly

jinksters09

member

Activity: 126

Merit: 16

It's okay. There are really times that the value is stable in how many months but don't loose hope in the future. The best thing is to invest in this moment and take this as an opportunity so that when the value increase surely you will be instant rich. In my opinion the value for now is not a lifetime. Also take this as a good sides because lately there are bad comments reagarding bitcoins. In this case we can assure them that investing in bitcoins is not dangarous instead it was profitable.

Noctis Connor

hero member

Activity: 1008

Merit: 540

Dont be on hurry and dont speculate anything. You are not the only who is experiencing that kind of scenario. Everyone and everything here is on focus and putting effort to get the boom of the price. Just wait for the perfect time and be responsible for every oppurtunity that you will make and take.

SHAWN-MIDWAYS

hero member

Activity: 686

Merit: 521

A stable currency is a healthy currency and i think day traders will be forced to find a volatile crypto to make some money from it...

Quote

What if Bitcoin just hold steady for months and months

bitcoin is not a centralized currency i think it cant hold steady for months, just my opinion could be wrong

Omega Weapon

hero member

Activity: 1092

Merit: 501

Quote from: imapessimist on January 25, 2018, 06:25:10 AM

Bitcoin isn't moving very much just now. Up a tiny bit and then down a tiny bit. Would this be very boring for people. This might not encourage more people to buy. I think the only way people buy is if it's going up and down more. Because then at least they will have half a chance of making a good profit.

This is just a small moment of calm, even if this lasts for month or years you need to take advantage of the opportunity, we all know that bitcoin is not going to remain at that price forever and most likely it will go up once again, so if this lasts then save all the money you can and invest in bitcoin, I have been waiting for something like this for months and now that is finally here it is a good idea to take advantage of it.

el kaka22

legendary

Activity: 3710

Merit: 1170

www.Crypto.Games: Multiple coins, multiple games

Quote from: LFC_Bitcoin on January 30, 2018, 11:26:06 AM

I don’t see sideways price action as a bad thing, if anything it gives potential investors confidence that they’re not going to lose a shit tonne of money. Anybody with half a brain knows that investing in bitcoin will pay off massively in the long term, a bit of patience might be required though.

Sideways markets are always good for another rapid rally. Because sustaining prices will always get into another rally. Usually prices are stable before making another big wave. If bitcoin prices will be steady for months then I guess it will attract more investors. But theoretically there will be less possibility for bitcoin prices to get struck within a range for months.

Quote from: LFC_Bitcoin on January 30, 2018, 11:26:06 AM

Anybody with half a brain knows that investing in bitcoin will pay off massively in the long term, a bit of patience might be required though.

Yes, this could be a reason how stable prices will be attracting more investors rather than the a fluctuating one. When people finding bitcoin is more stable and by analyzing the potential of bitcoin they will get into boat as early as possible.

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

Quote from: imapessimist on January 25, 2018, 06:25:10 AM

Bitcoin isn't moving very much just now. Up a tiny bit and then down a tiny bit. Would this be very boring for people. This might not encourage more people to buy. I think the only way people buy is if it's going up and down more. Because then at least they will have half a chance of making a good profit.

I don’t see sideways price action as a bad thing, if anything it gives potential investors confidence that they’re not going to lose a shit tonne of money. Anybody with half a brain knows that investing in bitcoin will pay off massively in the long term, a bit of patience might be required though.

Idrisu

sr. member

Activity: 924

Merit: 260

Quote from: imapessimist on January 25, 2018, 06:25:10 AM

Bitcoin isn't moving very much just now. Up a tiny bit and then down a tiny bit. Would this be very boring for people. This might not encourage more people to buy. I think the only way people buy is if it's going up and down more. Because then at least they will have half a chance of making a good profit.

stability is what bitcoin need in other to be adopted by the socialty. Many online retailers and wholesale shop may like to use bitcoin if the price is stable. We are having instability today because of the way people see bitcoin through the publication by the media house. If you turn your station to cnn you will see how there are published bad news about bitcoin and this creates the sell up we are having now.

Risk taker

newbie

Activity: 4

Merit: 0

Quote from: ATASKA98 on January 30, 2018, 06:49:50 AM

i say bitcoin will increase the price,the more steady much bigger prices Cheesy

yes you are right bro the bitcoin price will be increase very soon so we need to hold our bitcoin for just two or one month then i hope after its price will touch to 20,000$ again. Now all peoples need to be patients with their bitcoin.

Coffee135

full member

Activity: 392

Merit: 137

Quote from: pinggoki on January 30, 2018, 08:41:04 AM

Quote from: Washball on January 29, 2018, 05:02:29 PM

The reason why merchants and quit accepting bitcoins as payment, is because of the high volatility. And the customers have the same thoughts about the volatility, besides the high fees and lengthy waiting times. So, with the narrowing prices, bitcoin can be used more and more what it was meant for: a decentralized currency.

Indeed, voltality is the reason why they are quit to accept bitcoin and that also thr reason why most of the investor preferred to go this coin. Though bitcoin was almost freeze at $10,000 to $14,000 still it is better to gain profit here because bitcoin investment is more likely effective at long term investment. These stability is just temporarily that is why all we need to do is to hold and be patience..

It seems to me that volatility is not the main cause. The sellers don't accept bitcoin because it is inconvenient. Have to wait long for approval of the transaction. High transaction cost is also not stimulates trade. Buyers are also not in a hurry to part with their coins. Now we keep the coins because the price is low. After the price increase we will keep coins expecting that they will grow more.

jlaw007

jr. member

Activity: 210

Merit: 4

Quote from: imapessimist on January 25, 2018, 06:25:10 AM

Bitcoin isn't moving very much just now. Up a tiny bit and then down a tiny bit. Would this be very boring for people. This might not encourage more people to buy. I think the only way people buy is if it's going up and down more. Because then at least they will have half a chance of making a good profit.

BTC is really like forex and stocks mixed up, but more stable and risky if you didn't study. Just like many big corps, its stock prices fluctuates but would just go up eventually over a long time with few exceptions. Something called demand.

1Referee

legendary

Activity: 2170

Merit: 1427

If so, then people should see it as the best possible opportunity available to accumulate as many coin as possible. Your only more worthless becoming fiat currencies will for once be able to consistently buy Bitcoin at practically the same price levels. Seriously, people should stop looking at stagnant periods as being something rather negative. For quite a long period of time last year, your $1000 would only buy you less coins due to how the price has been going up, and now there is a moment where you can enjoy buying pretty steadily within current range. Instead of ending up with less coins for the same amount of fiat, you can now almost buy the same amount of coins for the same amount of fiat - pretty good deal if I may say so.

fabiorem

sr. member

Activity: 1400

Merit: 347

Well, if 10% of bitcoin holders control 90% of the supply, we can guess a sideways move for two years would distribute bitcoin more evenly. Any whale selling now would not be able to buyback, as the price wont go down any more.

We just need to spread the HODL cult for the newcomers. The more people holding bitcoin, the more it will succeed.

pinggoki

sr. member

Activity: 1666

Merit: 426

Quote from: Washball on January 29, 2018, 05:02:29 PM

The reason why merchants and quit accepting bitcoins as payment, is because of the high volatility. And the customers have the same thoughts about the volatility, besides the high fees and lengthy waiting times. So, with the narrowing prices, bitcoin can be used more and more what it was meant for: a decentralized currency.

Indeed, voltality is the reason why they are quit to accept bitcoin and that also thr reason why most of the investor preferred to go this coin. Though bitcoin was almost freeze at $10,000 to $14,000 still it is better to gain profit here because bitcoin investment is more likely effective at long term investment. These stability is just temporarily that is why all we need to do is to hold and be patience..

Uno17

member

Activity: 322

Merit: 12

It’s been happening lately, it’s just moving very slowly it goes up a little bit and and goes down too, but still we keep holding so there is no reason not to prolong holding more since the interest here is we want a longterm holding and look after for a bigger profit, only patience is all we need inorder not the get bored on this very slow market fluctuation, but this is normally part of the movement, the steady, high and low moments are expected to hit at anytime, so for me i will keep holding no matter where the fluctuation brings to😃

BingoDog

hero member

Activity: 658

Merit: 505

We have witnessed such situation before, when the prce was more or less stable for longer period. If you rememember that was before bitcoin prise started to climbe over 2000$. Nothing dramatic will happen, just that traders like volatility more because that is something that gives them profit.

ATASKA98

newbie

Activity: 3

Merit: 0

i say bitcoin will increase the price,the more steady much bigger prices Cheesy

SaShiRaJaVu

hero member

Activity: 1694

Merit: 541

Quote from: imapessimist on January 25, 2018, 06:25:10 AM

Bitcoin isn't moving very much just now. Up a tiny bit and then down a tiny bit. Would this be very boring for people. This might not encourage more people to buy. I think the only way people buy is if it's going up and down more. Because then at least they will have half a chance of making a good profit.

Never expect the price of bitcoin moving higher all the time,just take a look at the rally we had last year and take a look at the graphs earlier and you will understand what it is and why it is and how market performs,even with this situation,there is a massive fluctuation in price ranging over a thousand dollars plus or minus and you think that is a steady market. Shocked

Sir Cross

full member

Activity: 336

Merit: 106

Quote from: dmamigo on January 25, 2018, 02:35:54 PM

I liked this stability, it helps in daily or atleast frequent transaction. The confirmation speed is also good enough, better for those who use Bitcoin for transacting other than just trading or investing. Also the volatility mostly shoo away people, who does not have risk taking mentality. Also it is increasing the risk of ban by various countries.

These are the good sides of the price steadiness for bitcoin which we have been experiencing. People have been scared of the volatility of bitcoin and I guess this 'steadiness' would indicate that bitcoin is not 'dangerous' or too risky. This may not benefit the traders but it's not likely for this kind of trend to last long. It's said to be normal for the price to behave like this, and we will be experiencing some large dips or a large shoot up in the price soon after.

Topic: What if Bitcoin just hold steady for months and months (Read 762 times)