What keeps Bitcoin price stable? - page 4.

RoommateAgreement

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Quote from: Memento on March 08, 2017, 04:00:23 PM

Price rising = rumours + good news
Price going down = bad news + panic selling + whales cashing out

But what factors keep Bitcoin price stable?

it is not just that, the price also moves based on supply and demand, and when demand changes the price changes with it. and all that news,.. you are saying are directly affecting the demand. for example a good news brings in more people and increases the demand.
also there is always an increasing amount of demand because bitcoin is still being adopted by new people.

n0ne

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In my view the price fluctuations weeks back happened just because of the sudden potential gain of bitcoin unlimited. In a short it made come back to the value from which it decreased. And next to that the etf made a big expectation and on rejection the fall happened but at that time too the price returned back. So now once again debate on mining is taking force. However things were happening the increasing adoption and acceptance were making the situation stable with a steady rise.

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Quote from: Memento on March 08, 2017, 04:00:23 PM

Price rising = rumours + good news
Price going down = bad news + panic selling + whales cashing out

But what factors keep Bitcoin price stable?

As per your explanation, why not we assume that prices of bitcoin is trading stable when there is no good nor bad news. Within a day, we cannot claim prices are stable because it does fluctuate at least $50 span like day's high to day's low. When are considering about a week's average prices, we can say people are holding their bitcoins tight and new mining reward bitcoins are more being bough by new investors (as well by existing bitcoiners/investors ).

Unlike a stock market, bitcoin's supply is happening every ~10 minutes, hence we cannot expect a stable prices. It will fluctuate as per demand.

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Quote from: jerowacik on March 15, 2017, 07:43:49 PM

Quote from: Noctis Connor on March 15, 2017, 11:07:08 AM

well theres no such thing like bitcoin price stable as you can see everyday bitcoin chart changes and theres no stable moment from it and another thing the one who make bitcoin price grow and drop was the bigwhales and the other reason why bitcoin price is keeping higher because theres a lot of people trying to use bitcoin thats why theyre investing every single cents of their money on bitcoin right now so whe should be grateful on what happenings now.

that is the hallmark of the current bitcoin. unstable movement has a distinct advantage for each person.
like traders, they are benefiting from the buying and selling bitcoin. it is a natural thing.

Tired if we have to sell and buy within a short time. If we had the belief that prices continue to go up, I suggest to hold. After a day, halving the time price of $700, I was thinking that prices can't go up again so I'm sold a lot of my bitcoin, in the beginning the price continued to drop so I feel lucky cause already sells with a high price, but after 4 months, the prices keep going up and I never sell bitcoin until now.

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Quote from: Noctis Connor on March 15, 2017, 11:07:08 AM

well theres no such thing like bitcoin price stable as you can see everyday bitcoin chart changes and theres no stable moment from it and another thing the one who make bitcoin price grow and drop was the bigwhales and the other reason why bitcoin price is keeping higher because theres a lot of people trying to use bitcoin thats why theyre investing every single cents of their money on bitcoin right now so whe should be grateful on what happenings now.

that is the hallmark of the current bitcoin. unstable movement has a distinct advantage for each person.
like traders, they are benefiting from the buying and selling bitcoin. it is a natural thing.

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These markets are being run by a group of mammoths who consistently pump and dump their coins out of the markets when they want to, but those events have reasons as giant fishes eat small fishes when they see them being collectively buying high and getting ready for the trap that these giants have laid out for them. Price remains stable when both the side's pressure is settled down to its lowest and is equilibriated.

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Quote from: Omega Weapon on March 08, 2017, 08:50:50 PM

Quote from: Memento on March 08, 2017, 04:00:23 PM

Price rising = rumours + good news
Price going down = bad news + panic selling + whales cashing out

But what factors keep Bitcoin price stable?

The price is kept stable when the bulls and the bears have the same strength and they are both pushing with the same strength but that can easily change with bad news or good news or by hacks or new developments by the devs.

True. Ideally, Bitcoin's stability would derive from genuine interest in it as a currency and continued, consistent usage on the same platform. When Bitcoin finds its place in society a bit more, it will hopefully be more due to these reasons. However, Bitcoin's times of stability right now are just based on mixed or neutral news recently or to come which results in each group having similar strength.

There is no exact way to express this pseudo-stability, but it could be expressed as bad news + good news + neutral information.

JohnUser

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3 days its more or less stable around 1250$, after the last weeks its pretty weird.

What will happen next ? Huh

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Quote from: Noctis Connor on March 15, 2017, 11:07:08 AM

well theres no such thing like bitcoin price stable as you can see everyday bitcoin chart changes and theres no stable moment from it and another thing the one who make bitcoin price grow and drop was the bigwhales and the other reason why bitcoin price is keeping higher because theres a lot of people trying to use bitcoin thats why theyre investing every single cents of their money on bitcoin right now so whe should be grateful on what happenings now.

check a chart and you can see that there are many stable moments there and these moments often last long! there has been times when price stayed at one level with $10 fluctuations for a couple of weeks.

and there is such thing as stable bitcoin price, and it will happen more as the market grows.

Noctis Connor

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well theres no such thing like bitcoin price stable as you can see everyday bitcoin chart changes and theres no stable moment from it and another thing the one who make bitcoin price grow and drop was the bigwhales and the other reason why bitcoin price is keeping higher because theres a lot of people trying to use bitcoin thats why theyre investing every single cents of their money on bitcoin right now so whe should be grateful on what happenings now.

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the only things that can keep bitcoin price stable are more adoption and a better orderbook on exchanges which will happen after more adoption.

i say more adoption because the more people adopt bitcoin and start using it the more strength it gains and it can not easily go up and down. this also means the order books will be packed with orders and selling a big amount can not make much of a difference because there is a lot of resistance on each price. as a result this will eliminated a lot of the manipulations.

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Quote from: Memento on March 08, 2017, 04:00:23 PM

Price rising = rumours + good news
Price going down = bad news + panic selling + whales cashing out

But what factors keep Bitcoin price stable?

i think its difficult to keep bitcoin price is stable as we know that from time to time, the price is change too often and we can not make prediction with right. and i am not thinking thinking that bitcoin price will be stable in short time later but maybe in next years, we can see the price is stable. but if you mean that bitcoin price is stable, i think when the supply and demand is not make much of difference in price and its look like the price is in stagnant mode.

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Stability means theres no movement or if it moves only a matter of cents not go beyond on big percentage. Knowing bitcoin its not stable and its price is too volatile because of those factors that you mentioned and thats why if you are a trader this is really a good place or thing you should engage to.

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Quote from: DrGuns4Hands on March 09, 2017, 08:03:29 AM

I believed that by peoples who's investing on bitcoin make it more stable and more higher . if all people in this world would invest half of bitcoin everymonth i think bitcoin price will raise very quickly then all bigwhales would cash out so they can get their money tripple or maybe more than that. having a one bitcoin in your wallet is a lot of advantage because you won't worry if it fall slightly because you know that it will raise again.

if bitcoin is used by many people then the price of bitcoin will be expected to be very stable. the more users then bitcoin will have a high price in world financial markets.

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Quote from: Memento on March 08, 2017, 04:00:23 PM

Price rising = rumours + good news
Price going down = bad news + panic selling + whales cashing out

But what factors keep Bitcoin price stable?

When it comes to keeping price stable in anywhere, then there needs to be a body maintaining the forces of demand and supply and thats one of the reasons why we have central banks in the case of bank that they make some rules to avoid a situation of serious imbalances between demand and supply but in the case of bitcoin or cryto-world, since we dont have anything of such, the price can never be stable its a free market where anyone can cashout and anyone can come in.

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Quote from: lordquanta on March 09, 2017, 06:57:07 AM

* Absence of FUD ( fear, uncertainty, doubt),
* Absence of pump and dump

There you go price of bitcoin will 99% stable. With above two options, price of anything will remain stable/steady and all increase or decrease will be gradual.

Fud will only stop when people don't take everything for granted so easily. If you look at how the stock market is behaving in case of fud, then it's clear that even there it continues to impact the market.

Other than that, people don't know what they want. If the price remains relatively stable for a certain time, people get bored and start complaining. If the price is experiencing volatility, then people complain and demand stability.

People are as volatile as the price of Bitcoin is.

DrGuns4Hands

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I believed that by peoples who's investing on bitcoin make it more stable and more higher . if all people in this world would invest half of bitcoin everymonth i think bitcoin price will raise very quickly then all bigwhales would cash out so they can get their money tripple or maybe more than that. having a one bitcoin in your wallet is a lot of advantage because you won't worry if it fall slightly because you know that it will raise again.

lordquanta

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* Absence of FUD ( fear, uncertainty, doubt),
* Absence of pump and dump

There you go price of bitcoin will 99% stable. With above two options, price of anything will remain stable/steady and all increase or decrease will be gradual.

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Quote from: dEjAvU97 on March 09, 2017, 01:50:49 AM

Quote from: Omega Weapon on March 08, 2017, 08:50:50 PM

Quote from: Memento on March 08, 2017, 04:00:23 PM

Price rising = rumours + good news
Price going down = bad news + panic selling + whales cashing out

But what factors keep Bitcoin price stable?

The price is kept stable when the bulls and the bears have the same strength and they are both pushing with the same strength but that can easily change with bad news or good news or by hacks or new developments by the devs.

I sure the rumors are the most important things that affect the price of the bitcoin, when all the good news about bitcoin as some time ago, then the prices are skyrocketing, bitcoin I'm sure a lot of people take a moment when the price reaches $1.300.

News can really affect bitcoin's price, however I would like to disagree that bitcoin has stable price since volatility and pump in bitcoin's price could happen anytime. As bitcoin widespread more lile fiat money, its volume would increase that would cost it to have a stable market.

dEjAvU97

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Quote from: Omega Weapon on March 08, 2017, 08:50:50 PM

Quote from: Memento on March 08, 2017, 04:00:23 PM

Price rising = rumours + good news
Price going down = bad news + panic selling + whales cashing out

But what factors keep Bitcoin price stable?

The price is kept stable when the bulls and the bears have the same strength and they are both pushing with the same strength but that can easily change with bad news or good news or by hacks or new developments by the devs.

I sure the rumors are the most important things that affect the price of the bitcoin, when all the good news about bitcoin as some time ago, then the prices are skyrocketing, bitcoin I'm sure a lot of people take a moment when the price reaches $1.300.

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