Why bitcoin rate is stable since june 2016 - page 3.

coynedterm

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Quote from: marleybobthedog on September 21, 2016, 01:11:27 PM

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.

sometimes it is usual to happen stability but in my opinion there is always a interval after atleast two month where we found much fluctuations in rate . currently the rate fluctuating more .
still here is not a matter like brexit but this fluctuation is due to icici bank which makes some contracts with blockchain ( i read like this thing deal at a blog ) .

zodin

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Quote from: iqlimasyadiqa on October 16, 2016, 03:42:59 AM

Quote from: Zadicar on October 15, 2016, 11:05:39 PM

Quote from: BlackPanda on October 15, 2016, 08:23:47 PM

now bitcoin prices have increased significantly. we can see the movement of bitcoin prices rose high enough. in almost many bitcoin exchange rates were in rates 635USD - 640USD.

Correct, bitcoins price is starting to move now and almost reach $650 which is really a good signal that it would eventually rise up more on the future hence for those people who bought on bitcoin while the price is still $540 on bitfinex hack then for sure a guaranteed profits for them.

buy bitcoin is an advantage. we will get bitcoin price increases continuously. I believe every time definitely bitcoin prices will rise. bitcoin is the future that must be fought.

yes i agree with you it is right to say that the price of bitcoin is continuously increasing therefore it is best time to invest in bitcoin.

pissedoff

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Quote from: iqlimasyadiqa on October 16, 2016, 03:42:59 AM

Quote from: Zadicar on October 15, 2016, 11:05:39 PM

Quote from: BlackPanda on October 15, 2016, 08:23:47 PM

now bitcoin prices have increased significantly. we can see the movement of bitcoin prices rose high enough. in almost many bitcoin exchange rates were in rates 635USD - 640USD.

Correct, bitcoins price is starting to move now and almost reach $650 which is really a good signal that it would eventually rise up more on the future hence for those people who bought on bitcoin while the price is still $540 on bitfinex hack then for sure a guaranteed profits for them.

buy bitcoin is an advantage. we will get bitcoin price increases continuously. I believe every time definitely bitcoin prices will rise. bitcoin is the future that must be fought.

Yeah most of the times buying bitcoins will put you at an advantage but there are times when selling will put you at an advantage too.

iqlimasyadiqa

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Quote from: Zadicar on October 15, 2016, 11:05:39 PM

Quote from: BlackPanda on October 15, 2016, 08:23:47 PM

now bitcoin prices have increased significantly. we can see the movement of bitcoin prices rose high enough. in almost many bitcoin exchange rates were in rates 635USD - 640USD.

Correct, bitcoins price is starting to move now and almost reach $650 which is really a good signal that it would eventually rise up more on the future hence for those people who bought on bitcoin while the price is still $540 on bitfinex hack then for sure a guaranteed profits for them.

buy bitcoin is an advantage. we will get bitcoin price increases continuously. I believe every time definitely bitcoin prices will rise. bitcoin is the future that must be fought.

Zadicar

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Quote from: BlackPanda on October 15, 2016, 08:23:47 PM

now bitcoin prices have increased significantly. we can see the movement of bitcoin prices rose high enough. in almost many bitcoin exchange rates were in rates 635USD - 640USD.

Correct, bitcoins price is starting to move now and almost reach $650 which is really a good signal that it would eventually rise up more on the future hence for those people who bought on bitcoin while the price is still $540 on bitfinex hack then for sure a guaranteed profits for them.

BlackPanda

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now bitcoin prices have increased significantly. we can see the movement of bitcoin prices rose high enough. in almost many bitcoin exchange rates were in rates 635USD - 640USD.

cpfreeplz

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Quote from: iv4n on October 15, 2016, 07:31:59 PM

I don't see stability like OP does. Simply bitcoin is going up and down like the market, it's a dance, or we can look on it like that. I don't know how to explain that, but I see people who understand it are earning big money on that price fluctuations.
Price will be like that many more years, bitcoin is still not that strong to handle all problems. Bad news hit price, good news hit price, to me that is just a sign how much bitcoin price is really sensitive.

Haha exactly. I could go back and look at the chart and ask why were we also stuck at 620 on such and such a date... we're stable! Oh except for the fact the price went to 1200 and then dropped to what $200? That's not stable in anyone's mind but obviously the op is just being a bit of a pill.

iv4n

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I don't see stability like OP does. Simply bitcoin is going up and down like the market, it's a dance, or we can look on it like that. I don't know how to explain that, but I see people who understand it are earning big money on that price fluctuations.
Price will be like that many more years, bitcoin is still not that strong to handle all problems. Bad news hit price, good news hit price, to me that is just a sign how much bitcoin price is really sensitive.

JITENDERPAR3

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Quote from: marleybobthedog on September 21, 2016, 01:11:27 PM

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.

there should be no confusion because the stability also a part of bitcoin which provides the time to buy btc . and i think you should buy the bitcoin in bulk because the price will cross $700/btc . so if you want profit then buy otherwise wait for again for down the price.

MingLee

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Quote from: richardsNY on October 15, 2016, 06:35:45 PM

Quote from: Cresciuanto on October 15, 2016, 11:22:41 AM

to me the only reason is that most and most people are entering in the world of bitcoin that really making bitcoin more and more stronger and so the price is also becoming more stable.

Nah, that's not it. People are expecting the price to go up significantly from the moment the block halving took place. Long story short, they are still waiting for something that might not even come, at least, not block halving related. So yes, the waiting will continue...

I personally think that the value we're sitting at is basically what we would be at otherwise, with a rise happening immediately after the halving or a slow increase upwards and the pricing in of the halving beforehand. What we saw was the increase of value from $300 in summer 2015, something that was what I estimate the bottom-line for a lot of miners, to ~$600 after the halving. Based on that and the difference in supply, what we see in the market is expected.

richardsNY

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Quote from: Cresciuanto on October 15, 2016, 11:22:41 AM

to me the only reason is that most and most people are entering in the world of bitcoin that really making bitcoin more and more stronger and so the price is also becoming more stable.

Nah, that's not it. People are expecting the price to go up significantly from the moment the block halving took place. Long story short, they are still waiting for something that might not even come, at least, not block halving related. So yes, the waiting will continue...

gandame

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Quote from: Cresciuanto on October 15, 2016, 11:22:41 AM

to me the only reason is that most and most people are entering in the world of bitcoin that really making bitcoin more and more stronger and so the price is also becoming more stable.

Yes maybe that is the reason why bitcoin is so stable. Its realy nice to know that many people want to use and they want to learn about bitcoin. So its become popular and more stonger because many people want to used bitcoin.

Cresciuanto

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to me the only reason is that most and most people are entering in the world of bitcoin that really making bitcoin more and more stronger and so the price is also becoming more stable.

lucki777

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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.

vero

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Quote from: Taki on October 09, 2016, 11:21:06 AM

From the beginning of September bitcoin kida stacked in borders between $591 — $623. But if to compare with the last year bitcoin grown three times higher. That fact let us to predict that bitcoin will continue it's grow.
I think for the current moment the best strategy would be just waiting.

if you compare with last year yes the price grown higher because last year is the bad year for bitcoin.

virusasog

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Quote from: Pierre 2 on October 09, 2016, 11:53:15 AM

This is because there are lots of people who bought in are waiting.
And they want more profits, they are not taking it too fast.

Yup we do not need to see the price to stable or not. However we can utilise the situation now and we can buy some bitcoins by using this time. We all price will increase in future for sure.

fatima zuhra

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i think more and more people are entering in the world of bitcoin and they are investing their money here therefore i think the price of bitcoin is so stable.

Pierre 2

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This is because there are lots of people who bought in are waiting.
And they want more profits, they are not taking it too fast.

Taki

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From the beginning of September bitcoin kida stacked in borders between $591 — $623. But if to compare with the last year bitcoin grown three times higher. That fact let us to predict that bitcoin will continue it's grow.
I think for the current moment the best strategy would be just waiting.

ivanst776

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Quote from: marleybobthedog on September 21, 2016, 01:11:27 PM

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 think that since the price hasn't crashed a lot it is not bad to think that the bitcoin price is stable and good.

Recently today the price got increased a bit but I think it is for a short period of time and the price can go back to ~$600 soon.

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