Why bitcoin rate is stable since june 2016 - page 6.

BitcoinHodler

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Quote from: dunfida on September 28, 2016, 08:56:11 AM

Quote from: Caladonian on September 28, 2016, 12:07:19 AM

Quote from: satmas on September 27, 2016, 08:39:19 PM

I think that the bitcoin rate is stable since June 2016, because nothing exciting has really happened so far and therefore, there is may not be a cause for the big whales to either dump or buy bitcoins.

its really harder now to place position because of this current movement since june im still hoping that it will jumped up to 800 to 1k before this year end.

Agree, its quite hard to make such positions now especially when we are trading with bitcoin but i believe these times are the best moment to buy even more bitcoin since i have the feeling that it would rise up on the end of 2016. Well i cant guarantee since bitcoins price is too unpredictable.

price of bitcoin doesn't just stay up by accident.
there is enough support to keep it at this level. and there has already been some drops which none of them could last and the biggest one is the drop of the finex hack and as you can see in the history all of them jumped back up to $600 level again.

panju1

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Quote from: icecube45 on September 28, 2016, 12:32:24 AM

I think in 2016, bitcoin is not stuck in a $ 600 Bitcoin remains fluctuating but changes are not too big and still in reasonable numbers. So this is still normal and I think it tends to be good.

There has been a lot of variation in 2016. We started the year at $300 and look where we are now.
Then again, these kind of rapid bursts in price are not something new to Bitcoin.

dunfida

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Quote from: Caladonian on September 28, 2016, 12:07:19 AM

Quote from: satmas on September 27, 2016, 08:39:19 PM

I think that the bitcoin rate is stable since June 2016, because nothing exciting has really happened so far and therefore, there is may not be a cause for the big whales to either dump or buy bitcoins.

its really harder now to place position because of this current movement since june im still hoping that it will jumped up to 800 to 1k before this year end.

Agree, its quite hard to make such positions now especially when we are trading with bitcoin but i believe these times are the best moment to buy even more bitcoin since i have the feeling that it would rise up on the end of 2016. Well i cant guarantee since bitcoins price is too unpredictable.

icecube45

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I think in 2016, bitcoin is not stuck in a $ 600 Bitcoin remains fluctuating but changes are not too big and still in reasonable numbers. So this is still normal and I think it tends to be good.

Caladonian

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Quote from: satmas on September 27, 2016, 08:39:19 PM

I think that the bitcoin rate is stable since June 2016, because nothing exciting has really happened so far and therefore, there is may not be a cause for the big whales to either dump or buy bitcoins.

its really harder now to place position because of this current movement since june im still hoping that it will jumped up to 800 to 1k before this year end.

The Sceptical Chymist

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Where do I stamp my own views here? Oh, right here.

If you're confused as to what to do when bitcoin isn't rising or falling then you're a fucking retard who should be locked up in a home where they make you wear a helmet all day. You either are bullish and buy in anticipation of a price increase or are bearish and 1) Don't buy, 2) Sell, or 3) Sell short. Those are the main options, so please choose one. If you need assistance, ask one of the many nice bitcoin sales representatives on this forum who will be very happy to assist you.

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Quote from: satmas on September 27, 2016, 08:39:19 PM

I think that the bitcoin rate is stable since June 2016, because nothing exciting has really happened so far and therefore, there is may not be a cause for the big whales to either dump or buy bitcoins.

We can't always expect the price to be too volatile. Like you said, since there are no exciting news or events that affect the price in the past few months, we have been seeing lately just minor movements here and there, nothing really to write home about. Maybe, the surge in the months of May and early June are the last for this year, but I cannot be sure since there's still a few months to go before 2016 bids farewell.

satmas

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I think that the bitcoin rate is stable since June 2016, because nothing exciting has really happened so far and therefore, there is may not be a cause for the big whales to either dump or buy bitcoins.

Lokfar

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Quote from: Nameless Coin on September 27, 2016, 04:21:27 PM

Quote from: Ayers on September 27, 2016, 12:27:19 PM

Quote from: vero on September 24, 2016, 08:14:30 AM

I had thought optimistic about this, stable prices occurred because now many investors who secretly holding bitcoin for long-term.

i think it's more because none is dumping, and none is really interested in buying, in other words, supply and demand ae on par in this moment

The price is not stable at this momemt far from stable.
At this moment the battle for 600 is going on. Up could mean 630 where we will see a strong 600 building up.
Under means a potential fall back to 550

Its not far from stable but its indeed not stable, I think the bitcoin never been stable and that the bitcoin has a good future a head too.
Its just how you look at to be honest.

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Quote from: Nameless Coin on September 27, 2016, 04:21:27 PM

Quote from: Ayers on September 27, 2016, 12:27:19 PM

Quote from: vero on September 24, 2016, 08:14:30 AM

I had thought optimistic about this, stable prices occurred because now many investors who secretly holding bitcoin for long-term.

i think it's more because none is dumping, and none is really interested in buying, in other words, supply and demand ae on par in this moment

The price is not stable at this momemt far from stable.
At this moment the battle for 600 is going on. Up could mean 630 where we will see a strong 600 building up.
Under means a potential fall back to 550

it's still pretty stable.

on a price of $600, swings of $60 is still only 10%.

and on most days, it only swings like maybe $6 or so, which is only 1%.

Nameless Coin

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Quote from: Ayers on September 27, 2016, 12:27:19 PM

Quote from: vero on September 24, 2016, 08:14:30 AM

I had thought optimistic about this, stable prices occurred because now many investors who secretly holding bitcoin for long-term.

i think it's more because none is dumping, and none is really interested in buying, in other words, supply and demand ae on par in this moment

The price is not stable at this momemt far from stable.
At this moment the battle for 600 is going on. Up could mean 630 where we will see a strong 600 building up.
Under means a potential fall back to 550

victoryboy

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Flat price has no option to be seen in Bitcoin there will always be little bit movement in upside or downside. The good thing is seeing new floor of price which seems solid with plus/minus few dollars which is inevitable in trading as I mentioned. Halving and so many blockchain based starts up seems to have major roles in this range of price in my opinion. Many blockchain based starts up going to be real next year so we can expect rise in price.

Ayers

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Quote from: vero on September 24, 2016, 08:14:30 AM

I had thought optimistic about this, stable prices occurred because now many investors who secretly holding bitcoin for long-term.

i think it's more because none is dumping, and none is really interested in buying, in other words, supply and demand ae on par in this moment

Red-Apple

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Quote from: Labumi on September 26, 2016, 07:46:11 AM

Quote from: Catmony on September 26, 2016, 05:50:49 AM

Stable price are good for those who want to buy more coins in interval of few days or weeks to load their wallet with fiat. So after this stable price, due to lots of people buying bitcoin, price may rise so quickly and same pattern was seen it before too.

It is indeed something very true,. Because I see the pattern is always the same bitcoin did not experience significant changes, so this could be a great opportunity to get a very big advantage. so, do what we can to get in the future and never minded bad for all the things we do, as long as we do it by unanimous decision

bitcoin doesn't need to change in order to rise up or down.
in other words what affects the bitcoin price is not (significant) changes but instead it is the adoption that changes the price and moves it upwards.
this is in fact adoption that creates more demand which can then bring more money (people who invest in it) and cause a slow rise over time.

Labumi

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Quote from: Catmony on September 26, 2016, 05:50:49 AM

Stable price are good for those who want to buy more coins in interval of few days or weeks to load their wallet with fiat. So after this stable price, due to lots of people buying bitcoin, price may rise so quickly and same pattern was seen it before too.

It is indeed something very true,. Because I see the pattern is always the same bitcoin did not experience significant changes, so this could be a great opportunity to get a very big advantage. so, do what we can to get in the future and never minded bad for all the things we do, as long as we do it by unanimous decision

maku

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Quote from: kanazawa on September 26, 2016, 06:53:08 AM

If there's no big crisis involving China -- like was in 2015 -- and there's no scandals such SilkRoad or any other illegal business or any news illegal activity like mt.gox scam/theft (I don't know what to say). Many commodities had stabilized and few new systems and more diversity in the bitcoin community are emerging.

We are talking about bitcoin here. There is no week in bitcoin world when we are not hearing about another scandal or fail.
For example. In in this week owners of Paxful.com bitcoin p2p exchange platform - alternative to localbitcoins.com - were arrested in Miami with AR-15 and drugs.
Earlier we had Bitfinex hack and there is almost sure we will see more bitcoin services hacked in the future.

kanazawa

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If there's no big crisis involving China -- like was in 2015 -- and there's no scandals such SilkRoad or any other illegal business or any news illegal activity like mt.gox scam/theft (I don't know what to say). Many commodities had stabilized and few new systems and more diversity in the bitcoin community are emerging.

ABCbits

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It's so obvious, because there aren't any good/bad news which involved bitcoin itself. There aren't any project/news which have high hype even it's not important.
But look at the pros, people might think bitcoin as currency with stable value and we don't have to worry about price dump.

Catmony

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Stable price are good for those who want to buy more coins in interval of few days or weeks to load their wallet with fiat. So after this stable price, due to lots of people buying bitcoin, price may rise so quickly and same pattern was seen it before too.

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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.

IF bitcoins price is stuck in $600 price then theres no sellers and theres no buyers since the supply and demand isnt there thats why the price wouldnt move too much. If i were you dont worry on selling your coins , for me its better to buy as of now on bitcoin price its cheap already.

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