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Topic: Why price of Bitcoin too stable? - page 10. (Read 7312 times)

member
Activity: 102
Merit: 10
August 31, 2016, 05:38:47 PM
#35
It's not 'too' stable because stability is an advantage for us Wink It's temporarily stable because people who own BTCs trust it enough not to sell their BTCs and people who hadn't trusted BTC before haven't been convinced about BTC's future. But stability in the long term should increase the trust in Bitcoin.
full member
Activity: 175
Merit: 100
August 31, 2016, 05:28:11 PM
#34
Does anyone accept Monero? 
I've heard it mentioned, but I've looked at some of the Darknet sites and it looked like everyone was only accepting Bitcoin. 
(I haven't looked in a while though.) 
I don't think anyone will accept monero because of it's past.
I started to invest into it about the same time that I heard about some other alternative coins and it just died compared to the other ones that I had.
Don't hold on to them if you have any because I just go rid of my wallet and just forgot about the coins that were in it so they were worthless to me anyways. Embarrassed
sr. member
Activity: 280
Merit: 253
August 31, 2016, 05:20:34 PM
#33
I think that the external factors are still not there, fiat currencies are holding up well despite the obvious fixing.  bitcoin will come in to its own when the truth about fiat currencies is mad real.
it is going to be changed soon, in my opinion the price will be growing pretty soon
do not expect bitcoin to fly to the moon tomorrow. i sometimes get the impression that every body is waiting for bitcoin to rise or fiat to fail tomorrow. and meanwhile just holding their bitcoins. if you want to help then use your bitcoin or stop using fiat.
hero member
Activity: 1092
Merit: 520
August 31, 2016, 02:47:23 PM
#32
I think that the external factors are still not there, fiat currencies are holding up well despite the obvious fixing.  bitcoin will come in to its own when the truth about fiat currencies is mad real.
full member
Activity: 137
Merit: 100
August 31, 2016, 02:43:27 PM
#31
it is going to be changed soon, in my opinion the price will be growing pretty soon
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
August 31, 2016, 02:38:09 PM
#30
Stability is all what we want at the moment as too many fluctuations can make the investors lose their money rather than earn profit. The price is stuck at $570-$572 now which is still better and this is because the stability between
the supply and demand and currently, there is nothing that could make the price increase as halving is over long back. There are investors but not more than the sellers.

That can be one reason and the other reason can be that people are more diverting their investments towards altcoin and that is the reason price of bitcoin is not moving up.
legendary
Activity: 1442
Merit: 1025
August 31, 2016, 02:36:30 PM
#29
Stability is all what we want at the moment as too many fluctuations can make the investors lose their money rather than earn profit. The price is stuck at $570-$572 now which is still better and this is because the stability between
the supply and demand and currently, there is nothing that could make the price increase as halving is over long back. There are investors but not more than the sellers.
legendary
Activity: 1400
Merit: 1001
August 31, 2016, 02:02:21 PM
#28
Why does everyone think Bitcoin is going to go over $10,000 a unit when gold, platinum, silver, palladium and rhodium haven't done that just from worldwide investor pushing. A hell of a lot more people trade in precious metals than Bitcoin so I really can't see it happening.

When forex trading currency pairs you are incredibly happy when you can make 2-3% a quarter but everyone expects a 2000% profit for Bitcoin in a year or two? That's just looney.

Be happy it's somewhat stable. You could easily wake up and wonder what happened to all your money in the middle of the night.
Bitcoin want from basically a $1 to over a $1000 in 4 years since its creation. Any known by me precious metal has not achieved that before.
So it is not that loony for people to expect something similar again. And in addition bitcoin is something new, you can't exactly compare it 1:1 to trading commodities like gold IMO.
hero member
Activity: 658
Merit: 500
August 31, 2016, 01:55:47 PM
#27
We will even see a drop in the price as more and more drug dealers and users currently using Bitcoin, start moving over to Monero. Roger Ver and

his followers are currently hyping up Monero as the currency of choice for people who wants more anonymity. Once the shit hits the fan, and some of

these Darkweb sites are closed, people would run back to Bitcoin.  Roll Eyes
Nah ,i see why it is the reason i conclude that these monero will circulate on that darkweb market and moatly of the big percent of bitcoin users are onto darkweb market which buying or trading and now they choose monero.for its ,private ,sucure and untraceable features.
legendary
Activity: 2282
Merit: 1023
August 31, 2016, 01:26:09 PM
#26
We will even see a drop in the price as more and more drug dealers and users currently using Bitcoin, start moving over to Monero. Roger Ver and

his followers are currently hyping up Monero as the currency of choice for people who wants more anonymity. Once the shit hits the fan, and some of

these Darkweb sites are closed, people would run back to Bitcoin.  Roll Eyes

It all depends on whether the bitcoin network is capable of accommodating the number of transactions that the waves after waves of people start using it. We need to push forward plans scale up- or else other altcoins will soon take over bitcoin.
sr. member
Activity: 434
Merit: 250
August 31, 2016, 01:23:38 PM
#25
Does anyone accept Monero? 
I've heard it mentioned, but I've looked at some of the Darknet sites and it looked like everyone was only accepting Bitcoin. 
(I haven't looked in a while though.) 
legendary
Activity: 1904
Merit: 1073
August 31, 2016, 01:16:34 PM
#24
We will even see a drop in the price as more and more drug dealers and users currently using Bitcoin, start moving over to Monero. Roger Ver and

his followers are currently hyping up Monero as the currency of choice for people who wants more anonymity. Once the shit hits the fan, and some of

these Darkweb sites are closed, people would run back to Bitcoin.  Roll Eyes
legendary
Activity: 1652
Merit: 1000
August 31, 2016, 11:08:40 AM
#23
i don't know the exact reason why bitcoin price so stable now but usually bitcoin will dropped or rise up with pretty fast if there is an big issue such as last time bitcoin dropped after bitfinex incident and now it was back to stable but for me the current situations is more better stable than dropped
hero member
Activity: 490
Merit: 520
August 31, 2016, 11:07:53 AM
#22
I am really interested why the price of Bitcoin is too stable now, probably no investors to buy Bitcoins?
Or peoples don't trust Bitcoin now?
Probably just a small stable period?
It's slowing down because there aren't any investors that are more confident/negatively looking at the value of Bitcoin right now. Most likely a majority of investors still trust Bitcoin, and we are just seeing a period of minimal volatility like we do see every other few months.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
August 31, 2016, 10:58:50 AM
#21
Why does everyone think Bitcoin is going to go over $10,000 a unit when gold, platinum, silver, palladium and rhodium haven't done that just from worldwide investor pushing. A hell of a lot more people trade in precious metals than Bitcoin so I really can't see it happening.

When forex trading currency pairs you are incredibly happy when you can make 2-3% a quarter but everyone expects a 2000% profit for Bitcoin in a year or two? That's just looney.

Be happy it's somewhat stable. You could easily wake up and wonder what happened to all your money in the middle of the night.
sr. member
Activity: 296
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
August 31, 2016, 10:45:10 AM
#20
I am really interested why the price of Bitcoin is too stable now, probably no investors to buy Bitcoins?
Or peoples don't trust Bitcoin now?
Probably just a small stable period?
a lot of people not investing right now to be honest but i think that it will change in the near future as the price should start growing pretty soon
legendary
Activity: 994
Merit: 1000
August 31, 2016, 10:38:24 AM
#19
I think Reason is simple this is accumulation phase so whales and big traders are buying bitcoin in small amount daily at this lower price to pump it hard after few week. Better to accumulate right now just like them.
hero member
Activity: 1274
Merit: 516
August 31, 2016, 01:57:16 AM
#18
Bitcoin price is based on the transaction usage its mean its depend on the supply and demand, maybe the supply and demand is in equivalent point, so the price is stable, after that there are no big news or bad news about bitcoin so there is no panic buy or people buying bitcoin in bulk, maybe that is some of the reason the price is so stable
hero member
Activity: 924
Merit: 500
August 31, 2016, 01:54:13 AM
#17
I am really interested why the price of Bitcoin is too stable now, probably no investors to buy Bitcoins?
Or peoples don't trust Bitcoin now?
Probably just a small stable period?
Bitcoin's price become stable because of buyers and sellers are balance, but i think it is just for short time because usualy after halving block happening, bitcoin's price was went down, we can saw last halving block. But it is just my prediction.

It also became stable, I think its because of the bitcoin community who did trading everyday all around the world. So traders's in different exchange platform are one of the reason why is this happening. due to without their doing trading a habit in their daily lives it will not be stable like this.
legendary
Activity: 3458
Merit: 1960
Leading Crypto Sports Betting & Casino Platform
August 31, 2016, 01:50:30 AM
#16
The merchants just loves this, because they do not need to play the volatility game. At this moment there have not been a significant event pushing the price up or down, and we need some stability to show the world that it can be used as a currency, as it's distribution becomes more stable. ^smile^
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