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Topic: Why is bitcoin price so stable in 2018? (Read 1180 times)

hero member
Activity: 2212
Merit: 805
Top Crypto Casino
July 28, 2018, 05:13:21 PM
And 6 months after OP first created this topic, Bitcoin has proved otherwise in terms of its price. At the time of creating this thread, Bitcoin was valued somewhere $17K to $10K. In between January and July, Bitcoin's pricyhas hit a bottom of around $5800. Thats like 70% down from the all time high value. This goes to show that nothing goes up forever or nothing is too resistant enough to avoid a dip. Pub-leeze, Even Facebook lost over 20% of its market share.
newbie
Activity: 20
Merit: 4
I think that the price of crypto currencies is relatively stable now that the crypto currency market needs to recover a bit after a very rapid growth. Starting in the autumn, we are likely to see another wave of price increases.

Yes exactly, that's what I see as well. There's no possible way that a market can shoot up thousands of percentile and keep going unflinching, no matter how fundamentally strong it is. It takes time to recover, and everything that goes up must come down again. Not necessarily all the way down, but far enough down to regain energy for the next move upwards. It's as simple as a wave. We go up for a long period of time until it cannot support itself any longer, then drop down and wait until the time is right for another shot up.
newbie
Activity: 140
Merit: 0
I think that the price of crypto currencies is relatively stable now that the crypto currency market needs to recover a bit after a very rapid growth. Starting in the autumn, we are likely to see another wave of price increases.
newbie
Activity: 112
Merit: 0
2018 is not yet ended. Don't stock up on that mind setting that it will end with a low value at the end of the year because we are in a half of the year, there are remaining months. I'm not expecting too much on this because it is normally goes down every year, lol. 2018 is not yet ended guys, calm down.
full member
Activity: 616
Merit: 100
There is no influence if the bitcoin price reaches 50k, because it is increasingly expensive, people increasingly believe that bitcoin has a good future for its investors.
sr. member
Activity: 882
Merit: 250
Actually it's not stable bitcoin has never been stable. It is always volatile sometimes it's weak and sometimes strong like a big deep and big high. It's depend of the demand. One thing I sure that bitcoin has never been stable.
that's right dude, if bitcoin price stable we will not see price at $20k.this volatility make bitcoin able to make new high after down sharply.so dont worry about its volatility.
newbie
Activity: 192
Merit: 0
I think the reason behind it is the continuous hack of exchanges as well as different fud popping out in the market- once this season is done there will be more money pouring in the market
sr. member
Activity: 588
Merit: 250
What do you think is going on?
Market as usual during 2013-2018, you can see the price chart here: https://coinmarketcap.com/currencies/bitcoin/

Do people prefer to reduce their coins?
I do not think so, because I still hold the Altocin I bought in January 2018

Are there more manipulations by large whales, speculators, or large institutional investors trying to take advantage of the sense of the moment?
I think there must be something like that, because when a company or group has a lot of Bitcoin, then they can raise and lower the price like they want it.
member
Activity: 238
Merit: 10
What do you think is happening?

Is people hoding less their coins?

Is there more manipulation by big whales, speculators or big institutional investors trying to profit the flavour of the moment?

I feel that there are big players "pumping and dumping" in order to manipulate the market to stabilize price and "control" in a certain way the price fluctuation.

Obviously bitcoin is very dangerous for our old corrupted economy, don't you think that in acertain way there's an unusual stop of the past few months trend?
After reaching $20k there's a correction to $17k and then price stabilizes at 11-12k with mini-dips that last seconds before going uptrend...

In my opinion the key factor could be also that if bitcoin reaches $30-50k then it will be very difficult for newcomers to buy bitcoin for buying altcoins in the exchanges.

So that stabilizing the price to an affordable $10k for a while could be a way to engage more people to bitcoinworld.

Or maybe it's all ok, there's no manipuation, it is a stanby before the big run to $50k-100k. Then newcomers will start buying and trading in Ethereum or Litecoin, because at the moment there aren't exchanges accepting fiat money, you have to enter and buy your altcoins directly with cryptocurrencies...

Which in your opinion are the main reasons?
I believe you can also see that the bitcoin price is not stable, at present it can be seen that the market is bearish in the long term so it is very difficult to trade successfully. Bitcoin prices, although recovering slightly, may turn down sharply at any time. So you can believe that the market is in crisis and bitcoin prices will continue to fall deep in 2018.
member
Activity: 266
Merit: 16
Actually it's not stable bitcoin has never been stable. It is always volatile sometimes it's weak and sometimes strong like a big deep and big high. It's depend of the demand. One thing I sure that bitcoin has never been stable.
full member
Activity: 378
Merit: 100
I LOVE ADABS
What do you think is happening?

Is people hoding less their coins?

Is there more manipulation by big whales, speculators or big institutional investors trying to profit the flavour of the moment?

I feel that there are big players "pumping and dumping" in order to manipulate the market to stabilize price and "control" in a certain way the price fluctuation.

Obviously bitcoin is very dangerous for our old corrupted economy, don't you think that in acertain way there's an unusual stop of the past few months trend?
After reaching $20k there's a correction to $17k and then price stabilizes at 11-12k with mini-dips that last seconds before going uptrend...

In my opinion the key factor could be also that if bitcoin reaches $30-50k then it will be very difficult for newcomers to buy bitcoin for buying altcoins in the exchanges.

So that stabilizing the price to an affordable $10k for a while could be a way to engage more people to bitcoinworld.

Or maybe it's all ok, there's no manipuation, it is a stanby before the big run to $50k-100k. Then newcomers will start buying and trading in Ethereum or Litecoin, because at the moment there aren't exchanges accepting fiat money, you have to enter and buy your altcoins directly with cryptocurrencies...

Which in your opinion are the main reasons?

In my own opinion, there is no price manipulation in the market, the reason why cryptocurrency right now is dropping is because of people who are preferring to sell their coins more than investing or holding.
sr. member
Activity: 630
Merit: 258
The reason behind why bitcoin price so stable in the year of two thousand eighteen it
because the year of two thousand eighteen is in the more demand business in this industry because of their great performances to the past years that can improve their services.
newbie
Activity: 135
Merit: 0
What do you think is happening?
Bitcoin has decreased but not drastically, because all of its crypto currency is just as it goes up and down.

Is people hoding less their coins?
could also, they exchange Altcoins with fiat and when it starts up, they buy again the Altcoins.

Is there more manipulation by big whales, speculators or big institutional investors trying to profit the flavor of the moment?
if I look at the charts and some telegram groups is true there is manipulation of whales, because its up and down in the direct it just like that.
full member
Activity: 420
Merit: 100
I find it not that stable,  the price was down few months ago and now the btc price is currently rising. I believe that the price will surely change anytime and may rise and fall again.
member
Activity: 294
Merit: 36
What do you think is happening?

Is people hoding less their coins?

Is there more manipulation by big whales, speculators or big institutional investors trying to profit the flavour of the moment?

I feel that there are big players "pumping and dumping" in order to manipulate the market to stabilize price and "control" in a certain way the price fluctuation.

Obviously bitcoin is very dangerous for our old corrupted economy, don't you think that in acertain way there's an unusual stop of the past few months trend?
After reaching $20k there's a correction to $17k and then price stabilizes at 11-12k with mini-dips that last seconds before going uptrend...

In my opinion the key factor could be also that if bitcoin reaches $30-50k then it will be very difficult for newcomers to buy bitcoin for buying altcoins in the exchanges.

So that stabilizing the price to an affordable $10k for a while could be a way to engage more people to bitcoinworld.

Or maybe it's all ok, there's no manipuation, it is a stanby before the big run to $50k-100k. Then newcomers will start buying and trading in Ethereum or Litecoin, because at the moment there aren't exchanges accepting fiat money, you have to enter and buy your altcoins directly with cryptocurrencies...

Which in your opinion are the main reasons?

That's true, I think the stability is because of the fact that people in this market knows how to follow the trends and use it to their advantage unlike those earlier times when they are not sure of what will happen, and so, they are not also sure of what to do. But, having had the same movement and trend for years, it has taught many people on how to be patient and how to ride with the market to make it, ultimately, profitable to them. It's just a matter of experience and learning, which helps the market be more stable.
member
Activity: 364
Merit: 10
BitSong is a decentralized music streaming platfor
I think the thing is that the main growth of the crypto market has not begun. Personally, I try to keep my cryptocurrencies on the hardware wallet and just not look at the current prices. In a few years it will be possible to look and, as I hope, to be pleasantly surprised...
This surprise may be unpleasant. Many cryptocurrency in a few years will disappear altogether. We must constantly be aware of the events and monitor the price.
sr. member
Activity: 910
Merit: 257
What do you think is happening?

Is people hoding less their coins?

Is there more manipulation by big whales, speculators or big institutional investors trying to profit the flavour of the moment?

I feel that there are big players "pumping and dumping" in order to manipulate the market to stabilize price and "control" in a certain way the price fluctuation.

Obviously bitcoin is very dangerous for our old corrupted economy, don't you think that in acertain way there's an unusual stop of the past few months trend?
After reaching $20k there's a correction to $17k and then price stabilizes at 11-12k with mini-dips that last seconds before going uptrend...

In my opinion the key factor could be also that if bitcoin reaches $30-50k then it will be very difficult for newcomers to buy bitcoin for buying altcoins in the exchanges.

So that stabilizing the price to an affordable $10k for a while could be a way to engage more people to bitcoinworld.

Or maybe it's all ok, there's no manipuation, it is a stanby before the big run to $50k-100k. Then newcomers will start buying and trading in Ethereum or Litecoin, because at the moment there aren't exchanges accepting fiat money, you have to enter and buy your altcoins directly with cryptocurrencies...

Which in your opinion are the main reasons?

I am not sure that stable is the right word to describe it mate. We are not even in the middle of the year and Bitcoin has already moved up and down about twice or trice in the past months. Whether little or big, whether for a couple of weeks or only for days, the fact is, it is showing movement, which shows that it's not stable just yet. It fell to 6.2k dollars last month and has risen to about 10k just weeks ago, so given that, we can't say that it has really been stable.
PSL
member
Activity: 166
Merit: 10
I think the thing is that the main growth of the crypto market has not begun. Personally, I try to keep my cryptocurrencies on the hardware wallet and just not look at the current prices. In a few years it will be possible to look and, as I hope, to be pleasantly surprised...
hero member
Activity: 2408
Merit: 584
Time to look at the basics.

You've a finite amount of this 'digital asset' which has come through ridiculous amounts of regulation and other negative impacts, an ever increasing amount of demand for it and accessibility improving all the time. I very much doubt this 'stability' will last long! Wink
The buying and selling of BTC is on an equal footing. Investors are trading all over the hours, because too many altcoin was born that made the price of BTC stable.
Sorry to say, but I think you need to redefine your definition of stability because as far as I can see, this still is the most volatile asset on the face of earth. Bitcoin is a long way from becoming stable. Any market takes many years before it achieve stability and crypto currencies are yet in infancy. More and more people are getting aware of this coin and the investment is increasing.
newbie
Activity: 210
Merit: 0
Time to look at the basics.

You've a finite amount of this 'digital asset' which has come through ridiculous amounts of regulation and other negative impacts, an ever increasing amount of demand for it and accessibility improving all the time. I very much doubt this 'stability' will last long! Wink
The buying and selling of BTC is on an equal footing. Investors are trading all over the hours, because too many altcoin was born that made the price of BTC stable.
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