Because you aren't buying enough bitcoins! How many did you buy yesterday? None? Come on man. The reason we're stuck at the $600 range is 100% because of you. That's my theory anyways.
Well that explains it all. Best answer so far
Topic: Why are we stuck in the $600 range for so long? - page 2. (Read 2205 times)
Well that explains it all. Best answer so far
Why are we stuck in the $600 price range for so long?
What do you think is the reason behind this?
What do you think is the reason behind this?
Now the time is starting to rise the price of bitcoin. If bitcoin stuck, so i don't think that something is wrong with bitcoin, You know before Bitfinex hacked everything was fine, when exchange has been hacked than the fall of bitcoin's price was started, but now i have fully hope that the coming time is better for bitcoin, But we should keep in mind, that it is a crypto currency and always it will be happened that sometime price up and sometime down.
There was a slight increase from a few weeks ago. We have seen the price touch $640 again but it has since went back to below $630. But October is still a few days away from being history and things can either go up or down. I think this level the price is still a good one to buy at.
Actually i think price is swinging near $600 range rather than stucked on same price. If price will not swing like this there will be no any good opportunity for traders and sometime whales also manipulate price to create such swing and hold price at some constant range for really long time. I also think this $600 range is kept proposly to make price swing at this range and whales accumulate cheap bitcoin before they pump the price.
Nope. There are USA elections and FED rate hikes ahead. Bitcoin will definitely react to those events. And there is even something bigger ahead: World War III.
If Killary gets elected, she will make bitcoin great again.
If Killary gets elected, she will make bitcoin great again.
it seems now the demand is stable, so the price is still $600 range. isn't this a good price stable at $600 after the incident bitfinex. prices began to recover and some of these days the prices have increased.
let's see the next few months I believe the price can touch $700 and it has seen rising to $ 640 in a few days backward.
let's see the next few months I believe the price can touch $700 and it has seen rising to $ 640 in a few days backward.
this now bitcoin price is trend up
until in end year bitcoin price trend can up
my prediction bitcoin price is until in edn year 2016 can up until reach 800 dollar every one bitcoin
Its going to be a long time before we even see $700 again so I don't think we will be seeing $800 before the end of this year. until in end year bitcoin price trend can up
my prediction bitcoin price is until in edn year 2016 can up until reach 800 dollar every one bitcoin
for several months now visible movement of bitcoin prices are very stable. and the movement was not too far away from a number of around 600 USD. we can conclude that the price of bitcoin is not currently affected by various factors.
in previous days as yo can see after bitfinex issue the price of bitcoin fell down to 500 USD from 660$ with in few days, and after that the price remain stuck under 600$ as people lost their confidence on bitcoin and were not feeling free to invest their assets but now people are getting their confidence band and start investment in bitcoin, and therefore we are hopping the price to reach to maximum very soon.
this now bitcoin price is trend up
until in end year bitcoin price trend can up
my prediction bitcoin price is until in edn year 2016 can up until reach 800 dollar every one bitcoin
until in end year bitcoin price trend can up
my prediction bitcoin price is until in edn year 2016 can up until reach 800 dollar every one bitcoin
for several months now visible movement of bitcoin prices are very stable. and the movement was not too far away from a number of around 600 USD. we can conclude that the price of bitcoin is not currently affected by various factors.
There was not really happening a lot and due to that it was not going great with it, there were no events but also no real buy ins with large amounts or something.
Because too many people are doing nothing to promote Bitcoin to other people. We will not see a massive increase in the price from current Bitcoin hoarders, because most of them have already bought their share of the coins. I buy much smaller amounts on a monthly basis now, than what I did when I entered the scene many years ago.
Some people buy and sell during normal trading, but it is not new fiat money coming into the pool, only old money being circulated. What are you waiting for, get out there and promote Bitcoin to new people. ^smile^
New investors will enter bitcoin when they see developments in the currency.Some people buy and sell during normal trading, but it is not new fiat money coming into the pool, only old money being circulated. What are you waiting for, get out there and promote Bitcoin to new people. ^smile^
Also there hasn't been any big developments in bitcoin after the Bitfinex hack.
Because you aren't buying enough bitcoins! How many did you buy yesterday? None? Come on man. The reason we're stuck at the $600 range is 100% because of you. That's my theory anyways.
Well, yes it depends on the buying orders but also the fact that buying of btc will occur only when selling will occur, I mean if someone will buy at 600$ and sell at 650$ then how will the price of bitcoins reach 900-1000$ .. I think not we small individuals but the big companies determine the price of bitcoins. 
Bitcoin has a much larger market cap than say 1 year ago hence it's much more difficult for whales to manipulate the price. That's the reason why we see less volatility. The price will begin another leg up or down though, out of the 600 USD range though, you can be sure about that. It's just a question of when.
Actually if you see such price where the bitcoin's price is neither too stable neither too much variable is the best time for bitcoins, because there are users who want stable price, while there are members who want unstable price, so actually both can benefit since the price is neither too stable nor too variable.
Rome wasn't build in one day. If we stay at that price for a year more or two, I'll be very satisfied of it. I'm now in an accumulation phase.
A year or two? that's too long IMO.
@ontopic, if you look at it in terms of price stability, you'd be very happy.
Rome wasn't build in one day. If we stay at that price for a year more or two, I'll be very satisfied of it. I'm now in an accumulation phase.
Why are we stuck in the $600 price range for so long?
What do you think is the reason behind this?
What do you think is the reason behind this?
There is no special reason.It's just the market. Buyers and sellers are on a mostly same level.That's why we are moving sideways.
No reason to dump and no real reason to pump up at the moment.It's the calm before the storm. I know this is boring as hell, but sooner or later we will see some big action again. So use the time and try to accumulate a bit more Bitcoin if you can.
remember the time when the price was below the $300 price level for such a long time back in 2015? i think we should be happy with the fact that we reached this price. it's more than 100% increased in that period till now. better enjoy the current stability than asking why the price is stuck.
Why are we stuck in the $600 price range for so long?
What do you think is the reason behind this?
What do you think is the reason behind this?
Just wait for some kind of news such as new bitcoin startup, bitcoin hardfork, FUD, exchange got hacked, price manipulation or major companies accept bitcoin, and you will see bitcoin price move from $600 range.
Or you become the one who can move bitcoin price from $600 range
Also, i think stable price isn't that bad (only for now).
Because you aren't buying enough bitcoins! How many did you buy yesterday? None? Come on man. The reason we're stuck at the $600 range is 100% because of you. That's my theory anyways.
Not everyone have extra money to buy bitcoin (or they just save their fiat money), but i think we also can spend bitcoin and proof that people use bitcoin as currency or as payment method (not as investment) and it might encourage more company to accept bitcoin which could rise bitcoin price as well.
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