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Topic: Why bitcoin rate is stable since june 2016 - page 4. (Read 6003 times)

hero member
Activity: 2170
Merit: 530
October 07, 2016, 11:00:23 AM
#90
The price is stable because the number of people using the coin has not increased.

When more people join the train, the price will increase.
I'm sure people using bitcoin is always increasing, but I guess it was not enough to make the price stability impaired. probably bitcoin prices could be unstable again if no one could buy or sell bitcoin in significant amounts. I'm sure it will make price stability ends
we can make bitcoin price increase it is just very simple if we are going to up the demand of bitcoin in our economics we could help the bitcoin to increase the amount and it could be more people who gonna use it on the future and use it as currency also it will make us more profitable.
legendary
Activity: 1218
Merit: 1000
October 07, 2016, 07:31:21 AM
#89
The price is stable because the number of people using the coin has not increased.

When more people join the train, the price will increase.
I'm sure people using bitcoin is always increasing, but I guess it was not enough to make the price stability impaired. probably bitcoin prices could be unstable again if no one could buy or sell bitcoin in significant amounts. I'm sure it will make price stability ends
sr. member
Activity: 434
Merit: 250
October 07, 2016, 03:53:28 AM
#88
I think we are probably this stable in price right now because there is not being much money pumped in bitcoin right at the moment.
When there will be more money pumped in bitcoin again then I am sure it will go up in price and making it less stable but also brings risk of going alot down in price.
hero member
Activity: 616
Merit: 500
October 07, 2016, 03:14:40 AM
#87
It's not that stable but it's kind of stable because of the supply demand ratio I am guessing, we are staying at the same value cause the average demand hasn't really increased.
For prices to go up more money has to be pumped into bitcoin which hasn't happened enough and that's why it's stable is my guess.
legendary
Activity: 1400
Merit: 1001
October 05, 2016, 05:51:27 AM
#86
There are small technical indicators (MACD) that we might enter mild wave of advance.

Bitcoin price still stays slightly above 600 even despite that price charts are suggesting that we should be higher.

I expect that we might see $650 within a week. Best time to buy?
hero member
Activity: 714
Merit: 500
October 05, 2016, 05:45:40 AM
#85
Over the past few weeks, nothing much has happened to warrant an increase or a for the price to go down. Looks like the price will remain this way or slowly climb back up to $650. But that seems to be a strong resistance and the price has not even broken the $620 price in a while now.
sr. member
Activity: 350
Merit: 250
October 05, 2016, 04:46:01 AM
#84
The price is stable because the number of people using the coin has not increased.

When more people join the train, the price will increase.
full member
Activity: 154
Merit: 100
October 05, 2016, 04:23:51 AM
#83
you say statement is true
until now price bitcoin if range price 600 dollar every one bitcoin
but now trend is up, until in end year trend can up until price 800 dollar every one bitcoin
sr. member
Activity: 244
Merit: 250
October 05, 2016, 02:39:57 AM
#82
I dont think you have the right information becuase i know that the price of the bitcoin has not changed anything in the past view months and that is nly because he is circling around the 600 dllar and that is such a shame.
hero member
Activity: 565
Merit: 503
October 04, 2016, 08:06:43 PM
#81
It's because people are waiting for something to happen. If you look the charts the same thing happend when the price spiked to 1000 USD back then in the begining.
too many people waiting. whereas it is not certain. which can change is the price we as users of bitcoin.
increasingly using bitcoin the higher the price of bitcoin on the market.

Yeap, I totally agree with you. We can all participate to promote BTC to other people and encourage them to use it.
legendary
Activity: 1162
Merit: 1000
October 04, 2016, 07:16:27 PM
#80
It's because people are waiting for something to happen. If you look the charts the same thing happend when the price spiked to 1000 USD back then in the begining.
too many people waiting. whereas it is not certain. which can change is the price we as users of bitcoin.
increasingly using bitcoin the higher the price of bitcoin on the market.
hero member
Activity: 565
Merit: 503
October 04, 2016, 05:45:00 PM
#79
It's because people are waiting for something to happen. If you look the charts the same thing happend when the price spiked to 1000 USD back then in the begining.
legendary
Activity: 1596
Merit: 1011
October 04, 2016, 05:41:45 PM
#78
i think it is because that the price of bitcoin is so stable that more and more people are entering in the field of bitcoin and they are investing theri money here, and therefore its price is so stable.
the possibility of such facts. but for me the price stability nlebih because bitcoin increasingly trusted by large corporate companies.
they certainly want a digital currency stable. the market responded by giving bitcoin prices stable.
sr. member
Activity: 462
Merit: 250
October 04, 2016, 02:42:24 PM
#77
i think it is because that the price of bitcoin is so stable that more and more people are entering in the field of bitcoin and they are investing theri money here, and therefore its price is so stable.
legendary
Activity: 3122
Merit: 1140
October 03, 2016, 10:21:44 AM
#76
maybe its bitcoin is preparing for next increasing price in next week or next month, so i think we should be ready for that. but if the price is getting down, then we should prepare too and don't get surprise.

Its might be possible that its preparing of  price increase but its  not always the case  which it shows somehow stability on its price because people would  see this stabilize price is something  different which   theres no active  buyers and  trader regarding  on  bitcoins ecosystem thats  why there a little price movement  on it.
hero member
Activity: 2912
Merit: 556
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October 03, 2016, 10:07:39 AM
#75
maybe its bitcoin is preparing for next increasing price in next week or next month, so i think we should be ready for that. but if the price is getting down, then we should prepare too and don't get surprise.
hero member
Activity: 1008
Merit: 1012
October 03, 2016, 09:57:01 AM
#74
I noticed that it has been stable lately but did not know it has been for that long. Undecided
That is unusual to say the least because it jumps around so much that you don't noticed these things until it settles for a price that is stable enough. And it looks like it had found it at sub $590-610 for the last 3.5-4 months. Embarrassed
member
Activity: 68
Merit: 10
October 03, 2016, 09:48:14 AM
#73
The bitcoin is far from stable as you know the price of the bitcoin changes every day not much but he is chanhing but we are stuck around the 600 dolalr he is not moving lots sinds june but how is that possible finally people who selling.
full member
Activity: 131
Merit: 100
October 03, 2016, 09:36:16 AM
#72
There are so many people telling me all kind of things about the bitcoin and i dont know what to say about it because how can they know some things if it is in the future i dont know what they are talking about i life by the day.
sr. member
Activity: 420
Merit: 250
October 03, 2016, 09:21:11 AM
#71
Bitcoin's rate in stable since june 2016 I think because of two reasons. The first reason is that many expects to see bitcoin's price to rise by the end of the year. It is quite good though that it is stable at 600$. The second reason is that maybe because of the past halving and many whales are trying to stabilize the price just my guest though but I expect it like others to rise before the end of this year.

Especially after the halving, the price of bitcoin become stable right now. Even after the bitfinex hack, the price of bitcoin back to normal at $600 per bitcoin.
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