Why is bitcoin price so stable in 2018? - page 9.

jmlona

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Quote from: European Central Bank on January 28, 2018, 04:17:21 PM

you have an interesting definition of stable. mostly boring and occasionally scary is a better description.

this is a dead time of year always and all of crypto just had the most incredible run. parties ain't meant to last. many exchanges are still closed to new users. google searches have cooled off big time.

consolidation after what just happened is the best case scenario. i'm not sure whether we're gonna get it.

A very very strange definition of stable, it's been nothing but stable. The price has probably changed more in terms of swings in this month than most others. Right now it's fairly stable but that's because of the consolidation and that a bottom seems to have been found.

Darmanin

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Glab Trotter

it's only the beginning of the year, you have to be patient.

mx667

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Quote from: ajmapalo22 on January 28, 2018, 01:40:17 PM

2018 has just started, and it's a bit early to say BTC price has been stable or unstable. That being said, I don't think we can call it stable right now. Many fluctuations in January, and every time it fluctuated the alts went down with it. We are only entering the beginning of 2018 so it is very early to conclude that the value of bitcoin today is srable besides there still a fluctuations happening so I don't think this is really stable. As far as I know bitcoin become popular because of it's fluctuating value so I guess this will remain to happen and stability can no longer be a feature of Bitcoin.

Comrade, it's still early in the year. There are still many things that can happen in 2018 with Bitcoin. We still do not know and can not predict what will happen in the future. So we still do not know about what Bitcoin prices will be stable in 2018 or not. I'm not expecting bitcoin prices to stay stable, because I want the price down when I collect Bitcoin, and I want the price to go up when I invest, hahaha. Someone said : Bitcoin was never stable to begin with. It takes the stairs up and takes the elevator right back down. It just so happens that price is consolidatiing after the dump since people are unsure of what might happen next.

European Central Bank

legendary

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you have an interesting definition of stable. mostly boring and occasionally scary is a better description.

this is a dead time of year always and all of crypto just had the most incredible run. parties ain't meant to last. many exchanges are still closed to new users. google searches have cooled off big time.

consolidation after what just happened is the best case scenario. i'm not sure whether we're gonna get it.

ene1980

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Quote from: Digital Mutant on January 27, 2018, 03:18:04 AM

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 just have one question for you,what you mean by a stable coin,in a general sense you would call something stable if the price is not moving much,but here the price variation even you are showing here is over a thousand dollars and you are still calling it a stable price,i call it a volatile valuation. Tongue

iRakic

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The whole year is ahead of us, and the ride is really bumpy so far Grin

There is no real stability, but the price changes are affected by peoples beliefs, government attacks, bans and other speculations. Still, people are getting more involved in the whole crypto-world, so I believe that the price will get its stability

ajmapalo22

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We are only entering the beginning of 2018 so it is very early to conclude that the value of bitcoin today is srable besides there still a fluctuations happening so I don't think this is really stable. As far as I know bitcoin become popular because of it's fluctuating value so I guess this will remain to happen and stability can no longer be a feature of bitcoin.

Emperor of Man

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2018 has just started, and it's a bit early to say BTC price has been stable or unstable. That being said, I don't think we can call it stable right now. Many fluctuations in January, and every time it fluctuated the alts went down with it.

raven7886

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Quote from: noormcs5 on January 28, 2018, 09:00:32 AM

Quote from: Reid on January 27, 2018, 10:38:05 PM

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.

Yes, the price is quite a bit stable between 10K to 13K and keep between this range. I have heard from many sources and almost every one say that bitcoin will be 100,000K or even more value this year. So if this is true and it really happens, then this price of only 12K *current price" is a very good price to but a lot of bitcoins. Its still cheap if you compare it with 50 - 100K range.

Between $10,000 and $13,000 is not meaning actual stable. The fluctuation of $3000 must be big and definitely get anyone big losses if they fail to predict the fluctuations correctly as 30% of oscillation cannot be classified as a stable prices. I'm not expecting bitcoin prices to stay stable in next to hundred years so it will be too yearly to call bitcoin prices stable in this year. We are in connection phase of recent huge rally so we cannot expect another rarely in more quicker time.

After bitcoin prices are reaching to previous high levels we can expect what we have experienced the in the past. I mean to say the volatility of bitcoin prices will come into action when bitcoin will be starting its another round of rally.

sofi@

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I don't think bitcoin value is stable now people only thinks so because the value don't pump or dump deeper than it used to in 2017 but to consider this as a stable value for 2018 for me is not since we are just heading the beginning of 2018 and bitcoin being unpredictable can surely change its value anytime. We are far from stability and I think that's one thing that will never lose on bitcoin nature it will continue to become volatile and unpredictable.

MasterMoney

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2017 has marked a breakthrough in the Crytopia market, and in 2018 I believe this jump is even greater because of having a lots homes, a lots persons who will know the digital BTC, electronic money , applications and technology platforms, I belive BTC will increase strongly in the next time. Grin

Plof87

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I can and I will :)

I think with all that is happen in Asia, the market here is now quite stable.. but I excpect it will go into freefall soon, to hen go up to hights we have not seen yet

EuphorichamsTer

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Bitcoin was never stable to begin with. It takes the stairs up and takes the elevator right back down. It just so happens that price is consolidatiing after the dump since people are unsure of what might happen next.

Digital Mutant

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Just to clarify the word "stable" because I see different points of view here and I need to express better.

I meant that after the epic big run from $3K to $19K and a huge increase from $40B to $320B market cap from july to december 2017, Bitcoin price is now stabilized around $11-12K and market cap is fluctuating around $200-280B, without big increases at the moment.

So we passed from an increment of 700% in price and 800% in volume, to a variation of 10-15% in price and 40% in volume during this last month (after bloodbath).

alden1985

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I don't find it stable, maybe it is for the past week, January is not over yet to say Bitcoin is table in 2018

gabmen

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Quote from: Digital Mutant on January 27, 2018, 03:18:04 AM

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'd like to think about it as a purge. There were many people who jumped the wagon when btc was crazily pumping, people who probably don't know what they're investing on. It can't be untrend all the time so when the correction happened, the same people who didn't know much about crypto panic sold. We're probably seeing now holders waiting for the correction to finish that's why btc is pretty slow moving today.

noormcs5

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Quote from: Reid on January 27, 2018, 10:38:05 PM

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.

Yes, the price is quite a bit stable between 10K to 13K and keep between this range. I have heard from many sources and almost every one say that bitcoin will be 100,000K or even more value this year. So if this is true and it really happens, then this price of only 12K *current price" is a very good price to but a lot of bitcoins. Its still cheap if you compare it with 50 - 100K range.

brightLIFE

newbie

Activity: 93

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Quote from: Digital Mutant on January 27, 2018, 03:18:04 AM

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?

Because its New YEAR and should buy first before hold right? This is great opportunity for us to buy since it is still first month of 2018, the opportunity to buy more bitcoin and the opportunity to hold it because I am sure soon it will going to rise and pump again and every holders will become happy again. Well I hope I am one of them since I am still starting bitcoin and trading. Its good for me to start with small amount or price of bitcoin and I now it will going to explode soon and all investors are going to sell their bitcoin as much as they become already satisfied on the price.

cherryfer

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Activity: 196

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Quote from: Digital Mutant on January 27, 2018, 03:18:04 AM

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?

If it will happen Bitcoin price become stable. I'm sure there is manipulating the virtual blackchain market, because ever since people know that because of many traders in and out that's why flactuation of price because of it. For me if it is going to happen price become stable no reason why we stay in Bitcoin business

JC btc

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Quote from: bryant.coleman on January 28, 2018, 08:27:03 AM

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.

Maybe there was and error with his question or he was relying to the value of the bitcoin this January which ranges around $10k-$11k..
The price of bitcoin this month is not the basis that is stable, you are right that price really not stable but that doesn't mean that it is not worth to invest in it.

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