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Topic: Why bitcoin rate is stable since june 2016 (Read 6003 times)

member
Activity: 68
Merit: 10
October 24, 2016, 09:22:25 AM
I don't think price is stable, since June price went to more then 700 $, then drop under 550 $. There was big problem for btc to come back to 600 $. After a while on 610 $, price fall back under 600 $ today.
That is everything except stable in my opinion. Price will go up before new year, and best decision is to hold your coins.
the price of tghe bitcouin will be stable for the moment becuase to less people are epending the coins and you need to spend if the price wants to rise you know just holding the coins
does have any matter of respect.
newbie
Activity: 54
Merit: 0
Can you please tell in brief that why bitcoin rate is stuck at around $600. I am confused wether to buy bitcoin or sell. I am very conscious about its future. So please stamp your own views here.

$536 to above $700 then playing at $600 level with some roller coaster movement. Could you please tell me where is the stable price there since June 2016 up to today?

People's view can just make you more confused since you are conscious. So if you have guts to buy at the current price rate then just go and see the output later.

Goodluck Cool
the price of th ebitcouin is far from stable th eprice of the bitcoin will never be stable and that is such a shame becuase lots of peopel dont want to see the price of the bitcoin be stable you can
better have an unstable price to invest.
member
Activity: 61
Merit: 10
The price of the bitcoin is not stablee at all but you all know that the bprice of the bitcoin wll rise always and always drop and that is the reason why the price keeps
stable you know it is not that he wants to be stable.
newbie
Activity: 52
Merit: 0
The price of the bitcoin is not stable he is far from stable i know for sruet aht the price of the bitcoin will be not many in the future becuase to many people are just holding the bitcoins
and that is not what tyou need to do.,
member
Activity: 108
Merit: 10
i really dont know maybe pupils dont buy bitcoin like before maybe more and more pupils are just staying with bitcoin in wallet to wait grow and that is it
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
to me the price of bitcoin is so stable because more and more people are entering in the field of bitcoin and they are also investing their money here therefore the price is going to be stable more and more.
If more and more new people are entering into Bitcoin you would expect price to rise rather than to be stable, or did I get you wrong?
full member
Activity: 224
Merit: 100
to me the price of bitcoin is so stable because more and more people are entering in the field of bitcoin and they are also investing their money here therefore the price is going to be stable more and more.
full member
Activity: 140
Merit: 100
It has now started increasing. Now its around $640. The reason for btc being stable would have been, many tend to either keep it in their wallet or buy more bitcoins. The circulation is bit less then compared to earlier days. As said this may be one of the reasons for the price being stable and do not have a big hike in it.
newbie
Activity: 48
Merit: 0
Because buy walls and sell walls are too big. Regular buyers can't reach the other side of those walls. Don't worry though, everyonce ince a while some big wild whale appears and eats those walls. It won't stay like that for long.
legendary
Activity: 1596
Merit: 1011
why is it that everbydoy is complaining about the price stability these days. i mean do you really prefer a highly volatile currency that is $1000 one day and $100 the next week? that is just going to kill bitcoin as a currency if it continues.
certainly for a trader it is is undesirable. there are some people who like stability bitcoin and others do not like it. here everyone has their own interests. not everyone has the same thought.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
Can you please tell in brief that why bitcoin rate is stuck at around $600. I am confused wether to buy bitcoin or sell. I am very conscious about its future. So please stamp your own views here.
Simply, because there are no fundamental reasons to fuel further growth or decline. The last pump (around halving) was pretty substantial and we are still figuring out the aftermath. It takes a longer while for things to settle, but once it is over the further direction will be clear.
hero member
Activity: 910
Merit: 500
Can you please tell in brief that why bitcoin rate is stuck at around $600. I am confused wether to buy bitcoin or sell. I am very conscious about its future. So please stamp your own views here.
It's not really stucked on that price. If oyu are confused what really happen on price then you can visit any of the excchange website that website related and if you are conscious try to visit all market list in google to see how big investors traders into bitcoin and they making the real deal with bitcoin. If the price up then there are investors who really buy lots of bitcoin.
hero member
Activity: 2170
Merit: 530
yes it is a fact that the price of bitocin is really stable and specially after halving the price of bitcoin remain constant for such a long time except  the bitfinex issue and after that when the price of bitcoin recover its position it again remain stable for a long time and was trading in 580 to 600 for a long time again.
This past few weeks nothing has much change with the price and it still range at $600 or up and it will remain on that stable but if there be an arguments beetween investors that they are going to buy lots of bitcoin then there is a chance that bitcoin price really increase. It's not about bitfinex issued it was long month ago and move on. the price is already up.
hero member
Activity: 770
Merit: 500
Bazinga!
why is it that everbydoy is complaining about the price stability these days. i mean do you really prefer a highly volatile currency that is $1000 one day and $100 the next week? that is just going to kill bitcoin as a currency if it continues.
hero member
Activity: 2996
Merit: 609
because I bought bitcoin since june, thats why it becomes stable.... I happens most of the time. If I sell off my bitcoins, we will see some gains.... FML talk about bad luck.

We are  not  stable as  of now  hence we just reach $640 price which is already an increase when you  bought  your bitcoin on  june.  People  would  normall  sell off their coins  if they saw that they would  already  make gains  on a  certain  price point.  bitcoins  price is never been stable  but we could say it only moves  on  a very  little  small amount  range in past months.
legendary
Activity: 1442
Merit: 1025
the price of the bitcoj nwill never be stable and that can i tell you becuase i know for sure that other people are also not accepint bitcoins in the futre
becuase they are not able to make money  with it.
But, it can be stable at east to some extent. I have seen the price to be moving around $600+ I think that is somewhat stable. But, at any time the price may goes up because we are expecting price bump any moment from now onward. The price can reach $1000 hopefully by this year ending or well before also.
full member
Activity: 219
Merit: 100
Art is the triumph over chaos
because I bought bitcoin since june, thats why it becomes stable.... I happens most of the time. If I sell off my bitcoins, we will see some gains.... FML talk about bad luck.
legendary
Activity: 896
Merit: 1000
i think people have fully trust on bitcoin and that is the reason that people do not want  to sell bitcoin and most of the people are holding their bitcoins and that is the reason that bitcoin is stable specially after halving.

whatever type of bitcoin fan people are, there is no way you can fully trust something. there are risks that people have to keep in mind. i have seen quite some people saying that when they hold themselves some coins, that it will make them rich guaranteed. first of all, there are no guarantees when it comes to bitcoin, and second, get rich quick times are over. it's not that you buy $1000 worth of btc, and that your coins will become worth $50,000 after a few years. we're in a different time now.
legendary
Activity: 1372
Merit: 1005
i think people have fully trust on bitcoin and that is the reason that people do not want  to sell bitcoin and most of the people are holding their bitcoins and that is the reason that bitcoin is stable specially after halving.

Thats really good the bitcoin is stable for some months and However to see this week. Bitcoin price is raised more than 30$ in the market. This is good for its growth and the we can able to make profit if price raises continuously. As you do, I like to hold and make profit later but situation not allowing me to hold the bitcoin.
legendary
Activity: 1162
Merit: 1000
Can you please tell in brief that why bitcoin rate is stuck at around $600. I am confused wether to buy bitcoin or sell. I am very conscious about its future. So please stamp your own views here.

I know but and I do not know when the price is going to rise again because the price has been stable for such a long time that people are leaving.
I am alright with the bitcoin not rising with in 2016 but something has to happen with in 2017.
bitcoin prices are very difficult to predict. bitcoin has a unique system. ascending sometimes high and sometimes also decline very quickly. so no one could be sure the price of bitcoin today.
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