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Topic: Why is bitcoin price so stable in 2018? - page 11. (Read 1142 times)

hero member
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January 27, 2018, 12:25:58 PM
#28
Price manipulation is a good possibility. Or, lack of updates in BTC. Investors put some pression in Bitcoin to fix the issue with expensive fees and slow transactions by letting the price "tepid". Sooner as more news about Lightning Network appears, Bitcoin price will start increasing its price again with a promise of huge pump when it's implemented. The problem is that there isn't a prevision date yet.
newbie
Activity: 19
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January 27, 2018, 12:24:24 PM
#27
Yes it is very stable indeed 20K to 10K  Cheesy I can't imagine bitcoin with a stable price. But it seems it will be more stable overtime.

Imho it is good that it is not stable! It gives to all of us geeat opportunities to make decent quick money!

Alsi, take a look at the btc graph in dec'16-jan'17. Looks similar to me.

legendary
Activity: 3052
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January 27, 2018, 12:13:14 PM
#26
What do you think is happening?
Contracts ended 10 days ago and ended at $10900, let us wait for the markets to decide the new values where they want to see Bitcoins at.

Quote
Is people hoding less their coins?
Maybe, because when a major entity or group decides to break the bars and create a panic situation, small investors always become the "sacrificial goat" and get cut by them when they sell their own coins too at much cheaper prices to these whales.

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Is there more manipulation by big whales, speculators or big institutional investors trying to profit the flavour of the moment?
Looks like there is because without them, who can throw the values down 40% in a day?

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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.
This is where "Centralization" comes in, we really don't know who controls what and how they can affect the values, but it's surely not just one person who is doing all this.

Quote
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...
I think the pin-drop silence Bitcoin has maintained, has something very huge hidden within itself for its future.

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?
member
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January 27, 2018, 10:57:49 AM
#25
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
hero member
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January 27, 2018, 10:39:31 AM
#24
Now the market is on the correction after a prolonged growth in the autumn and winter of last year. After correction, there will be growth again. This is the standard situation for the market. There is no constant growth. Probably whales hold the price of bitcoin, that would be crammed with bitcoin before the price rises.

Since the price of bitcoin is low for now,the transcation fee is low.When the price of bitcoin around 19k$,the transcation fee is 0.0012 Btc.Now it's half of the old transcation fee.The price of bitcoin is low,this may be the one of the reason for this stable transcation fee for long.
sr. member
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LuckyB.it is Back!
January 27, 2018, 10:32:52 AM
#23
Yes it is very stable indeed 20K to 10K  Cheesy I can't imagine bitcoin with a stable price. But it seems it will be more stable overtime.
Bitcoin is decentralised cryptocurrency so it is not stable in a market. Because any time it will raise or fall in the crypto market it is just a common strategy of cryptocurrency. But it will be pump again in market it can't predict easily and no one should imagine the exact situation in crypto market. In current market is fluctuating 10k USD to 12k USD it will raise soon in market.
sr. member
Activity: 686
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"STAY IN THE DARK"
January 27, 2018, 10:26:20 AM
#22
What do you think is happening?
I don't think bitcoin price is stablilized,still there is much price volatility between $10K to $12K.
Is people hoding less their coins?
What do you mean by holding less coins?Many people are in panic and selling their coins but now the condition returning to normal I think.

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 are chances for manipulation of prices by big whales but bitcoin is going to increase in the future for sure,so it is better to grab coins when it is available for sure.I think in the way that it is a dump before a big bump as you said $50K and I hope it is still possible to reach in 2018 itself.
legendary
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January 27, 2018, 10:20:03 AM
#21
The market is not that stable in 2018. We already have a dip of 50% or so, and from my point of view that is not stagnation. It's perfectly normal after a correction for things to cool down a bit, since the market needs to consolidate. I think things will warm up again in February because price already got tighten enough and it will break. I don't know if it is bullish or bearish, so I will just wait for a clear break.

For me the levels are $9900 support and $11734 resistance. A break above or bellow those levels will probably indicate Februaries trend. Since the price is a little closer to resistance right now, I'm expecting a bullish break. Trading is not predicting the future of course, is just seeing patterns and reacting, so like I said, I will wait for the break.
jr. member
Activity: 131
Merit: 1
January 27, 2018, 10:14:52 AM
#20
In forex we believe that whatsoever pump so fast, will fall later. I believe it is also applicable with Bitcoin. There is 50-50 chances for Bitcoin to dropped to $1000. But if Bitcoin has survive we can see Bitcoin at $100k before the bubble.

But once the whole Wall Street has invested in Bitcoin, expect the huge pump.


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?
full member
Activity: 406
Merit: 100
BAILOUT
January 27, 2018, 10:09:48 AM
#19
Yes it is very stable indeed 20K to 10K  Cheesy I can't imagine bitcoin with a stable price. But it seems it will be more stable overtime.
member
Activity: 126
Merit: 15
HodL!
January 27, 2018, 10:01:13 AM
#18
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?

2018 has essentially just begun and to say it's stable is a bit early IMO. Just last month is was 19.5k and within a month it was almost cut in half, is that stable?

There are not whales pumping and dumping IMO, if you look at the history of BTC, there has been some major percentage declines. BTC got ahead of itself between the 10k rise and 19.5k, too much too fast, even in the crypto market. It is in a consolidation phase after the 'correction' which is still not over from my analysis on the daily chart. BTC may still decline further as it is in a trading range with no specific up/down trend.

If BTC reaches 30k-50k, new people in the market will still be able to purchase with no problems. It's just that they will buy an incremental portion of BTC, like .00001

But just like the Gold / Silver market, people that cannot purchase 1 ounce of Gold at $1350 would rather purchase 1 ounce of Silver at $17.5.  So some people will be interested in LTC or another alt.
sr. member
Activity: 700
Merit: 250
January 27, 2018, 09:59:44 AM
#17
I think it is still too early to say that Bitcoins price is stable this 2018 because the year has just started and it is still the first month of the year so I can't really compare yet its price to the coming months. However if I compare it from last year and this month, of course I would say the price had been stable around $10k-$12k or so because it hasn't move that much yet. And based on the recent years, Bitcoin has somewhat like a pattern every first month of the year so we will just have to wait for the right time and it will eventually increase its price soon.
sr. member
Activity: 798
Merit: 255
January 27, 2018, 09:58:40 AM
#16
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 dont have the reason to doubt in bitcoin since we know that it will going to rise up  again soon. Since we know that it is ban in other countries like China and Korea I think this is also the reason why bitcoin is  now in the stable stage in $10K-$11K. This is not bad after all instead this is opportunity for us to buy more. Those who do not buy today because they are afraid of what they think about bitcoin, all I want to say is dont regret soon.
sr. member
Activity: 700
Merit: 300
January 27, 2018, 09:36:05 AM
#15
Quote
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.

Bitcoin is just going through many factors from FUD to Bans of exchanges, from Chinese new year to taxation phases of different countries and much more. I dot think that this is right time for everyone to invest into the bitcoin.

On major scale there exist only people who are very sacred to invest in such down fall and so we end up with the panic sells and stuff like that.

I don't think that there is any kind of pump and dump going on with the bitcoin, its impossible to do for bitcoin with such huge market capitalisation as that will need mega wallet with mega asset to achieve.

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.

Honestly speaking bitcoin prices doesn't matter at all. We can always have it in the little chunks of Satoshi's so why would it bother white investing into it. :-) You can still enjoy the slice of it!

Quote
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?

May be or may be not. Everyone here is free to choose the crypto and none of that depends on the bitcoin prices skyrocketing. People still believe in the bitcoin and they will always.
newbie
Activity: 19
Merit: 0
January 27, 2018, 09:24:11 AM
#14
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?


It doesn't seem to me that the price is stable. We are trading in a range from $10.000 to $12.500, and it us really great - such volatility gives all the smart traders huge profits. A resistanse at $10k/btc is too strong to broke it.
full member
Activity: 602
Merit: 111
January 27, 2018, 09:21:54 AM
#13
Why you said the price is stable? Still the price of bitcoin swinging at 5% of its price everyday.So it is not considered as stability.But the price of bitcoin is settling between $11k and $12k but it won't last long.Soon there will be a price bump in the bitcoin price at the beginning of Feb or in late Feb.So I am buying more bitcoins now.
full member
Activity: 462
Merit: 101
January 27, 2018, 09:16:58 AM
#12
Now the market is on the correction after a prolonged growth in the autumn and winter of last year. After correction, there will be growth again. This is the standard situation for the market. There is no constant growth. Probably whales hold the price of bitcoin, that would be crammed with bitcoin before the price rises.
newbie
Activity: 61
Merit: 0
January 27, 2018, 09:05:55 AM
#11
i think it will rise again
sr. member
Activity: 430
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January 27, 2018, 07:14:33 AM
#10
I compared the charts from the first 2 months of 2015, 2016, 2017 and now and recognized this is a natural correction. This happenend in every mentioned year before.
We should be thankful for a period in which the prices remain stable, since this is an important factor to become a real alternative to classic currencies.

The market though seems to enter a slightly bullish period now; i'm guessing we might see a new ATH by the end of february or beginning of march!
newbie
Activity: 113
Merit: 0
January 27, 2018, 06:03:34 AM
#9
Whole of January was hopeless, if things do not improve by March end, we have to re-plan our strategies.
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