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Topic: when will btc stabilize? (Read 2018 times)

full member
Activity: 196
Merit: 100
December 12, 2013, 03:18:49 AM
#49
i dont think it will stablize for a very long time
newbie
Activity: 4
Merit: 0
December 12, 2013, 01:48:36 AM
#48
No It will not stabilize this year.

After holidays, it will go high volatality than it is now.
sr. member
Activity: 812
Merit: 250
December 12, 2013, 01:26:06 AM
#47
Personally I don't think they will ever stabilize like physical currencies until (if) they become as widely used.

The point is physical currencies are not stable against another one, this is why Bitcoin cannot be stable as well
The point is, that physical currency fluctuations are in tenth of a per cent range daily, and not like Bitcoin everyday fluctuations from 10-25%. So if you compare, then i would say that physical currency are almost stable against another one.

On Forex, with a trading volume of 200-300k USD in your hand you can make a bunch of 1k bucks per day, with luck. If you take the same amount $$ and trade on BTC, you can make easily 20000-30000USD per day (or lose of course). And the demand is not even tenth of a per cent daily.

In BTC you would affect the market price if you trade with 200-300k bucks daily...
full member
Activity: 138
Merit: 100
December 11, 2013, 03:53:53 PM
#46
Personally I don't think they will ever stabilize like physical currencies until (if) they become as widely used.

The point is physical currencies are not stable against another one, this is why Bitcoin cannot be stable as well
member
Activity: 70
Merit: 10
December 11, 2013, 03:43:57 PM
#45
I can't call when it will stabilize but I think this is a good time to buy a small amount and accumulate some more over time.  Based on the uncertainty of where the price is going.
newbie
Activity: 56
Merit: 0
December 09, 2013, 05:23:40 PM
#44
Personally I don't think they will ever stabilize like physical currencies until (if) they become as widely used.
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
December 09, 2013, 05:06:08 PM
#43
who knows?

Hard to predict. The price of bitcoin is what in finance called "wisdom of the crowd", bitcoin does not have a negative correlate asset, futures contracts, hedging, etc and all others financials instruments made to stabilize the prices against variation.  I think maybe is correlate to the difficulty to mine 1 bitcoin and how much fiat you going to spend on it. Hope it going to change and we will see all those cool stuff like high frequency trading, etc...

I really like this video from bitcoin 2013 conference.

Bitcoin 2013 conference - Noah Silverman - Statistical Analysis of Price Swings and Market Pricing

http://www.youtube.com/watch?v=3l03tgnC59I

--All the best
newbie
Activity: 29
Merit: 0
December 09, 2013, 04:56:40 PM
#42
It won't stabilize until the demand stabilizes, and even then, somebody who has a massive amount of BTC could dump it and cause a massive influx of supply that would cause the price to fall. The price of BTC won't fully stabilize until it is accepted as a mainstream currency and it is more evenly distributed.
newbie
Activity: 28
Merit: 0
December 09, 2013, 04:45:42 PM
#41
The demand is there. The news out of China made the price drop significantly, but still much higher than it has been the majority of this year. And now on Monday, it has recovered quite a bit.
member
Activity: 112
Merit: 10
1FRpXqj6kedknh5uNpdo8FS3U49XJPJJy1
December 09, 2013, 04:32:06 PM
#40
I don't have much but I'm not selling. Grin
That's a good strategy. Bitcoin price should go much higher.
newbie
Activity: 6
Merit: 0
December 09, 2013, 04:27:33 PM
#39
There is still a few big decisions to be made. It is lurking upward cause way more people are in it now than 3 months ago and people are learning more and more each day.

A few more bombs like the Chinese dropped the other day might happen. Like EU and/or US doing the same official statement. But they cant ban it and media can badmouth it only for  short while until people loose interest.

The main thing is general feeling of usability. Like the article about the doctor who lets his patients pay using bCoin to remain anonymous. Adult industry would  be another great move.
Ignoring the  occasional bad mouth campaign by mass-media brainwashing campaigns I think things are progressing rather nicely.


Once Google opens its exchange the price will skyrocket and remain there cause it will be mega usable and available, LOL!
I just hope the Google guys are sitting on a few tens of thousands to motivate them. (or maybe that would be insider trading... Oh wait its still not regulated! hint hint)  Grin Grin
full member
Activity: 196
Merit: 101
December 09, 2013, 03:59:32 PM
#38
Bitcoin is never going to stabilaze, well at least until he gets some balance for spending and earning bitcoins  Grin
full member
Activity: 210
Merit: 100
Crypto News & Tutorials - Coinramble.com
December 09, 2013, 03:55:37 PM
#37
I think we are going to stabilize at $200-400 levels around the month of January.
newbie
Activity: 3
Merit: 0
December 09, 2013, 03:40:45 PM
#36
I don't think we will see under 700 for quite some time. More people are finding about about bitcoin. I actually suspect it will hit new records in spring. Though I do wish the price does dip so I can stock up some more!!
member
Activity: 84
Merit: 10
December 09, 2013, 03:33:12 PM
#35
I think it will go down to 250 in honor of Christmas Day.  Then we buy at sell at $1,000,000,000 in 4 years
newbie
Activity: 1
Merit: 0
December 09, 2013, 03:21:05 PM
#34
There is no way to predict the exact time for btc to stabilize.

However, I hope it will not go down below 500$.

Buy between 500 to $700 and profit it when it goes up.
newbie
Activity: 3
Merit: 0
December 09, 2013, 03:11:56 PM
#33
It will not.

Some will profit sometime and lose the othertime.
Similarly,
Some will lose sometime, win the othertime.

Bitcoin is itself is a gambler.
hero member
Activity: 728
Merit: 540
December 09, 2013, 02:28:27 PM
#32
USB and EUR are inflationary currencies
BTC is deflationary

It may take a long time, but BTC/USB eventually will raise to whatever you want.

sr. member
Activity: 267
Merit: 250
December 09, 2013, 02:24:07 PM
#31
Too little trade volume for stable price, also the coins need to be redistributed more for stable price
member
Activity: 85
Merit: 10
December 09, 2013, 02:21:13 PM
#30
It probley will never be stabilized. Although I do hope it will jump back to 1000 and stay that way.
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