Topic: Why is bitcoin price so stable in 2018? - page 6. (Read 1142 times)
I suggest that if you trade to this time, bitcoin price are tangible to this time which is when you sell or buy it, there's a chance that everything is falling. I think you could come back during 'ber months it's because the price is demand and people will know that it is Christmas. One thing to know is when the buyers think that it's good enough to sell that's the best signal as I think.
I suspect that the price is being supressed by big wall street investors. Goldman has a bitcoin trading desk opening soon for example, and there is lots of other wall street stuff brewing. These guys have the knowledge and resources to control price to a large extent and I suspect they are doing so to accumulate at lower prices, set up shop, before things explode more. They don't want to miss the boat so they are steering it.
Also there are problems with bitcoin not keeping up with other coins. Lots of in fighting and shenannegans, this may be encouraging people to buy alt coins in stead.
Don't worry though, the ingredients that caused the huge 2017 run up are still there, and institutional investors are just getting started. I think price will increase again. Just be patient.
Also there are problems with bitcoin not keeping up with other coins. Lots of in fighting and shenannegans, this may be encouraging people to buy alt coins in stead.
Don't worry though, the ingredients that caused the huge 2017 run up are still there, and institutional investors are just getting started. I think price will increase again. Just be patient.
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?
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?
1. It is just January, and if you take a look at the same period last year you will see that BTC is always kind of "in silence" for the first couple of months every year.
2. Well, it is normal people is just holding for the moment, but I don't believe this to be the only reason.
3. China has banned BTC and it is just recovering from all the bad publicity that has come with it.
4. I just believe this is normal. If you see the behaviour of BTC from the last couple of years, it seems to be a kind of friki loop.
People feel that bitcoin has rally so much in 2017 despite all the negativity and several fork trying to limit bitcoin growth. The saw bitcoin that was resilient and solid. I think people's confidence in bitcoin have grown to a point where bitcoin is consider as an asset both for now and especially for future.
That's absolutely true but still there are bunch of people who are easily made to believe that bitcoin will be banned and whenever there is a slightest dump there are made to believe that as end of bitcoin and forced to sell it at lower price we need a proper community.
The stability of the bitcoin price is because of that it's making a base along the current price. This is not bad news, this is good news for bitcoin. It will be able to make better price rallies in the future.
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.
I think the main reason for this so called "stability" is as a result of investors being afraid of losing their investments as government keeps changing its stance over how cryptocurrencies will be used so people are not so active for now...which explains its stabilityToo early to say that Bitcoin price is stable in 2018. It's the first month of the year, and we actually saw strong variations in the past few weeks.
I agree with you but the last days of January has been pretty stable People feel that bitcoin has rally so much in 2017 despite all the negativity and several fork trying to limit bitcoin growth. The saw bitcoin that was resilient and solid. I think people's confidence in bitcoin have grown to a point where bitcoin is consider as an asset both for now and especially for future.
That's absolutely true but still there are bunch of people who are easily made to believe that bitcoin will be banned and whenever there is a slightest dump there are made to believe that as end of bitcoin and forced to sell it at lower price we need a proper community.
we can`t state any theories for 2018 yet because we are in the first month of 2018 but the price has been same also in 2017 and that`s why they say btc is volatile.
Volatile is just characteristic of all cryptocurrency include bitcoin.
This volaite now is not so high maybe people decide to wait and see what bitcoin will do.
No big investor come into bitcoin also one of the reason.
we can`t state any theories for 2018 yet because we are in the first month of 2018 but the price has been same also in 2017 and that`s why they say btc is volatile.
Volatile is just characteristic of all cryptocurrency include bitcoin.
This volaite now is not so high maybe people decide to wait and see what bitcoin will do.
No big investor come into bitcoin also one of the reason.
Definitely not stable.
It's up and down by 10% weekly.
That's not stability
Bitcoin is not going to be stable for a long time but the context here is that bitcoin has been moving a lot less in the recent weeks, and that is correct but the reason for that is simple, there is not much reason for any kind of movement to happen, the bad news are not that bad, something that can only affect the price temporarily, and there has not been any kind of big good news either, that is why we are stuck in the 10k-11k range. It's up and down by 10% weekly.
That's not stability
we can`t state any theories for 2018 yet because we are in the first month of 2018 but the price has been same also in 2017 and that`s why they say btc is volatile.
Volatile is just characteristic of all cryptocurrency include bitcoin.
This volaite now is not so high maybe people decide to wait and see what bitcoin will do.
No big investor come into bitcoin also one of the reason.
People feel that bitcoin has rally so much in 2017 despite all the negativity and several fork trying to limit bitcoin growth. The saw bitcoin that was resilient and solid. I think people's confidence in bitcoin have grown to a point where bitcoin is consider as an asset both for now and especially for future.
Too early to say that Bitcoin price is stable in 2018. It's the first month of the year, and we actually saw strong variations in the past few weeks.
There were a lot of FUD, impacting news, etc at the starting of this year which usually gave us the price which is more stable then the previous years. I guess, the price for bitcoins will again turn back to normal once everything is back to normal. Also most of the peoples have sold their coins in panic at the starting of the year as they came under the FUD that bitcoins will be banned soon, or they will run away or anything else. Also the government is trying to ban this decentralized currency which is usually causing the high flow of their centralized currency into the decentralized currency which does not give them the ability to track and apply taxation to that amount of funds stored in bitcoins.
Since China and South Korea been in buzz this start of the year that makes newbies panic, well it was really the time to buy more ,it might be the first and the last dump of the year for bitcoin , I just think of it that way to inspire me to buy and hold more till bitcoin arise again. 
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.
I see the bitcoin is increasingly stable, you see the price of bitcoin is only moving in the infinitely small as high as 10%. Show that bitcoin is at the threshold that we can buy, this is our chance, you probably know bitcoin has time up to $ 20,000 and I believe the bitcoin value is even higher that too.
There were a lot of FUD, impacting news, etc at the starting of this year which usually gave us the price which is more stable then the previous years. I guess, the price for bitcoins will again turn back to normal once everything is back to normal. Also most of the peoples have sold their coins in panic at the starting of the year as they came under the FUD that bitcoins will be banned soon, or they will run away or anything else. Also the government is trying to ban this decentralized currency which is usually causing the high flow of their centralized currency into the decentralized currency which does not give them the ability to track and apply taxation to that amount of funds stored in bitcoins.
This is some kind of tradition when it comes to bitcoin.For the last few years,there has always been this kind of correction at the beginning of the year.For sure things will pick up soon and we ll be back to the moon.Fill your bags whilst you can.
But in previous year in 2017, in very beginning months of 2017 the bitcoin price was shoot up too much. If we review the whole 2017 we can that bitcoin price continue increasing its price throughout the year. We even see bitcoin price touching 19000$, and the same was expecting from the people but in 2018 everything is different and bitcoin price is trading in a very stable mood in 2018. But still hope that its price will get the accelerator and very soon we will see bitcoin price trading above 20000$.
We are in the bottom. It's good time to buy now. It should start growing back
True, bitcoin is stable but ethreum is just behaving like bitcoin wallet last year,
Stable? I do not see any stability on the market of crypto. Bitcoins (and alts) are constantly go up and down, and it is the time to stay away from BTC trading (temporary).
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 by the end of 2017, the price of bitcoin has increased rapidly to $ 19,800, but by the beginning of 2018, the price of a bitcoin has fallen by nearly 50% to $ 11,000 at the present time. only delivery. That's about $ 2,000. I think the price of this bitcoin is stable due to the popularity of bitcoin as well as its utility being spread throughout the country. In addition, bitcoin issued by Korea and China with strict policies also makes investors cautious. 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?
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