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Topic: Why is bitcoin price so stable in 2018? - page 10. (Read 1142 times)

legendary
Activity: 3752
Merit: 1217
January 28, 2018, 09:27:03 AM
#47
Who told you that the prices are stable? Even now the prices are either going down or up by as much as 10% in a single day, and there is enough opportunity for the day-traders to earn significant amount of profits. This scenario is likely to continue in February as well, as there is not going to be any big news regarding cryptos.
sr. member
Activity: 1148
Merit: 251
January 28, 2018, 09:16:52 AM
#46
I think bitcoin just tired after rally from 5k to 20k. He need some time to rest, so 10-12k good level for that. Also we still in down-trend movement, but what I know that  price moving in circle and BTC will be back.
Bitcoin price stay at this current rate because some trades or diverisify in altcoins. It is not tired rather bitcoin have its time in downtrend and it will uptrend anymoment. I can see bitcoin will be in momentum to go high so I am waiting for it to happen.
full member
Activity: 588
Merit: 100
January 28, 2018, 08:59:57 AM
#45
Definitely for now bitcoin is not stable,it was normal that last december 2017 investors cash out their money due to in need for the holidays but suddenly until right now they did returned it maybe for some due reasons.But it was normal bitcoin can never be stable for so long its always flactuates and I think we just wait for the increasing of it.

When comparing to 2017 the price of bitcoin is up and down it is because of not stability in bitcoin and the investors also panic with the results of bitcoin soon all confusion will definitely clear the bitcoin investment and trading is continue without confusion on the mind of people .
I think that they have the current situation for Aladdin today but also the minds are cut off and will begin to understand that because of such instability, Bitcoin can not be a means to pay for purchases of goods or services. you can analyze the last month, in which Bitcoin rises very slowly from the bottom mark and hardly crosses the line of 12,000 dollars. This situation in my opinion will last a very long time.
member
Activity: 1204
Merit: 38
January 28, 2018, 05:46:40 AM
#44
Definitely for now bitcoin is not stable,it was normal that last december 2017 investors cash out their money due to in need for the holidays but suddenly until right now they did returned it maybe for some due reasons.But it was normal bitcoin can never be stable for so long its always flactuates and I think we just wait for the increasing of it.

When comparing to 2017 the price of bitcoin is up and down it is because of not stability in bitcoin and the investors also panic with the results of bitcoin soon all confusion will definitely clear the bitcoin investment and trading is continue without confusion on the mind of people .
full member
Activity: 210
Merit: 117
January 28, 2018, 05:11:39 AM
#43
Definitely for now bitcoin is not stable,it was normal that last december 2017 investors cash out their money due to in need for the holidays but suddenly until right now they did returned it maybe for some due reasons.But it was normal bitcoin can never be stable for so long its always flactuates and I think we just wait for the increasing of it.
full member
Activity: 420
Merit: 105
January 28, 2018, 05:06:06 AM
#42
Quote
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.

Wait! Did you just say $10k is an affordable price for newcomers? Can they even think of buying a whole Bitcoin?


Thanks a lot for the brief explanation, it confirms my intuitions.

About bitcoin price it is a complex argument, I am going to do a different thread to discuus the topic.
The point is not only in therms of price, but also in therms of time.

If we create a function to determine trajectory, acceptance and price of bitcoin in the short/middle therm we should use:

which kind of people is investing in bitcoin
which is thier medium annual income
which country they are from
why they invest (believe/speculation)
Education in blockchain
Their job etc etc

But the most important variable is when they enter and how much fiat money they have invested and it is curious, because the price is in fiat money and it is fixed in the moment you buy bitcoin for the first time.

But how much is $10k if the next year 1 Bitcoin will be for example $54k?

The entire economy can change so rapidely that we couldn't even notice it (and I think is happening right now).

This is the magic of bitcoin, it's blowing the mind of many people and for this reason the perception of $10k is very relative in function of the vision you have in your mind.
member
Activity: 311
Merit: 10
January 28, 2018, 04:56:37 AM
#41
I think bitcoin just tired after rally from 5k to 20k. He need some time to rest, so 10-12k good level for that. Also we still in down-trend movement, but what I know that  price moving in circle and BTC will be back.
full member
Activity: 504
Merit: 102
January 27, 2018, 11:54:44 PM
#40
It is strange this time. It has been long time and BTC is not moving up an fact it has created panic situation. What i think there might be few reasons-
1. Big players pumping and dumping
2. BCH is getting strong
3. Investors are investing more in Altcoins as they are loosing confidence
4. It is risky zone. No chances of Short
5. In fact if we go for long using Leverage there is risk of getting liquidated as it may go down by 2000$ anytime


Well, at this moment the value of bitcoin is likely the same as of January 2017. The reason is that many of our investors have withdraw there bitcoin from the last of december until the first week of January 2018. That makes it happen in the market have a lot of supply vs. the demand. Some of them are investing into potential altcoin because they think it can earned 10x as the price of altcoin now are so low a chances to buy a lot so they can guarantee that soon as altcoin will pump it has huge profit.
hero member
Activity: 2912
Merit: 642
January 27, 2018, 11:38:05 PM
#39
So it will better to buy right now. Let them sell all their coins and I hope they regret it afterwards.
I believe in holdinhg it. Somehow there will be a big pump this year.

About the stability.
We just got used to a higher number of pumps and dumps and now we are thinking it is already in moderation.
But it is not. 300-400 dollars is a lot of movement.
newbie
Activity: 148
Merit: 0
January 27, 2018, 11:24:53 PM
#38
It is strange this time. It has been long time and BTC is not moving up an fact it has created panic situation. What i think there might be few reasons-
1. Big players pumping and dumping
2. BCH is getting strong
3. Investors are investing more in Altcoins as they are loosing confidence
4. It is risky zone. No chances of Short
5. In fact if we go for long using Leverage there is risk of getting liquidated as it may go down by 2000$ anytime
newbie
Activity: 2
Merit: 4
January 27, 2018, 11:09:09 PM
#37
Definitely not stable.

It's up and down by 10% weekly.

That's not stability
sr. member
Activity: 672
Merit: 251
January 27, 2018, 11:20:24 PM
#37
I am not seeing any stability of bitcoin rather a bearish market of it. This I think is normal, last year this was also felt. Plus, we had been hearing news about the government's action against bitcoin so this factor would be affecting.
Yes, bitcoin is at its bearish market right now. And on its bearish market, there were a lot of factors affected the market. And it's so ridiculous that many things made this effect. Those things made bitcoin's price go down so hard. Like those many fuds such as JP Morgan, bitconnect and many more. I wonder when will bitcoin will retain its price, but I am more certain that in February, it will.
full member
Activity: 672
Merit: 127
January 27, 2018, 11:02:57 PM
#36
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.
There's always big player in the market and dont just make it a gut feel which are already present. We all know here about these whales and it will just depend on when and what coins they are pumping and dumping.

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 think its still the FUD which makes the price a little stable up to this month. Also, Chinese new year is coming, a lot of people again are withdrawing because of these occasion.
sr. member
Activity: 686
Merit: 250
January 27, 2018, 10:09:02 PM
#35
I am not seeing any stability of bitcoin rather a bearish market of it. This I think is normal, last year this was also felt. Plus, we had been hearing news about the government's action against bitcoin so this factor would be affecting.
the effect of the number of governments and states that banned bitcoin is very much felt, but all this is quite profitable for traders because significant price movements can make us profit from there.,
The incident can indeed have a negative and positive impact. Some people like traders certainly take advantage of the decision. Even a trader will probably hate stable bitcoin prices, they want a condition that often changes because then they can easily make a profit. Everyone has his own interests and now bitcoin prices are quite stable after a while ago there was a price chaos. But I am sure this will not last long, bitcoin prices will experience the incident as it has passed, we must be prepared to face it and calculation then the digital currency never experienced stable condition, this is because it all depends on the demand factor and this is the hallmark of digital currency.
member
Activity: 224
Merit: 10
January 27, 2018, 09:38:55 PM
#34
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?
We can see that the price of bitcoin is increasingly steady and unchanging. By the end of 2017, the price of a bitcoin has reached $ 20,000, but after the contract has been signed, in the beginning of 2018 the price of bitcoin has fallen by nearly 50% and since then the price of bitcoin has fluctuated not much and only fluctuate around $ 8000-$ 12,500. It shows that the more popular the bitcoin is, the more it is recognized by many countries, the more stable it is, which shows more stability .
hero member
Activity: 966
Merit: 501
January 27, 2018, 07:31:36 PM
#33
I am not seeing any stability of bitcoin rather a bearish market of it. This I think is normal, last year this was also felt. Plus, we had been hearing news about the government's action against bitcoin so this factor would be affecting.
the effect of the number of governments and states that banned bitcoin is very much felt, but all this is quite profitable for traders because significant price movements can make us profit from there.,
sr. member
Activity: 1400
Merit: 283
January 27, 2018, 07:21:13 PM
#32
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?
We can not truely know the real reason behiend this change in price, but i think that there are tow reason that have lead to this, first are the transaction time and fees; in the last few months of 2017 the bitcoin network have seen a huge traffic that lead to the miner fees going up to some crazy numbers, and th transactions taking days weeks and even months to get confirmed which has made trading bitcoin an impossible thing, the sconde reason would be regulations; Bitcoin and cryptocurrency in general have became a multi million dollar industry, which has put the govermments in a situation where they need to either accept it or bann it, so investors right now are holing their money, to make sure theier investment whon't be illeagal, but i am sure that in the near future all of this will be behiend us and the prices will go back to going up again.
sr. member
Activity: 623
Merit: 262
January 27, 2018, 06:31:19 PM
#31
As you compared the chart of bitcoin price movement between last few years and this recently year, i saw that it is natural having a corrections of bitcoin price every first quarter of the year. Luckily the price was not totally dip it is stable in markets, beside it is the right time to purchased more bitcoin and stock it all in your portfolio. They speculated that maybe at the second quarter of the year maybe bitcoin bouncing back again. Cheesy

Second quarter of the year is a boon for all the bitcoin users and investors as this second quarter of the year proves to be the most profitable part of the year for bitcoin then then the last quarter of the year up until the last week of the year as we see most of the dips happening from the last week of december till March next year.
legendary
Activity: 2534
Merit: 1338
January 27, 2018, 03:03:47 PM
#30
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?
There is manipulation but I think this is just the calm before the storm, bitcoin could not keep up the rate of growth we had seen in the previous months, at some point it needed to stop, even if I was excited to see the price that high I needed a break, bitcoin was moving so fast that you could not take your eyes off the monitor in fear you may lose some of the action now that we have returned to a more stable price we can return to our normal behaviors.
full member
Activity: 815
Merit: 101
January 27, 2018, 12:32:27 PM
#29
the current trend of declining coin prices to the lowest point including bitcoin. but we do not have to worry about it because only the bitcoin is still stable and not affected by the drastic price reduction.
bitcoin proves if it has the strongest position in cryptocurrency, so this is just manipulation and bitcoin will still have a stable price.
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