Why price of Bitcoin too stable? - page 8.

shinratensei_

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Quote from: dearbesz1219 on September 06, 2016, 08:55:26 PM

Quote from: Woshib on August 30, 2016, 02:01:03 PM

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?

I think the main reason why bitcoin is very stable so far it is because of the big investors who invested into bitcoin. Moreover there are also big community now in bitcoin world who continually use bitcoin in their everyday lives.

That's wrong in my personality because we can see in this time the trader is more interesting for trading on the alt coin more than just trading in bitcoin caused by that the bitcoin is getting their stabilization because a lot of the traders is joining in the alt coins trading and leaving the bitcoin trading for several times.

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Quote from: Kakmakr on August 31, 2016, 12:50:30 AM

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^

It just took a month of being steady in the lower price but still I wont say it is that stable. Merchants will see some difficulties with its risks. I wont even like it to be stable.

dearbesz1219

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Quote from: Woshib on August 30, 2016, 02:01:03 PM

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?

I think the main reason why bitcoin is very stable so far it is because of the big investors who invested into bitcoin. Moreover there are also big community now in bitcoin world who continually use bitcoin in their everyday lives.

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Quote from: bitdumper on September 06, 2016, 11:51:03 AM

I belive that bitcoin is going to increase on the comming days.i said it because on some exchange like yobit.net and some other popular exchange that people had placed lots of buy order

of course it is going to become big in the future, in my opinion the pump is going to continue from 610 dollars now to at least 670 dollars

Blackmet

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It's not stable, price is always changing, especialy after halving, but i really want to see when bitcoin's price will be stable during long time, for a 5 monthes maybe.

coinoclock

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Quote from: ekoice on September 06, 2016, 01:56:08 PM

bitcoin has increased considerably since its creation. we cannot expect it to go very high overnight. stability for smaller period is better than large fluctuations in a short period.bitcoin projected rate in 2018 is very high.

the high projected rate in 2018 is by whom projected and on what grounds?
if bitcoin doubles or triples the fluctuations will become smaller but it is better to just get used to it.

ekoice

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bitcoin has increased considerably since its creation. we cannot expect it to go very high overnight. stability for smaller period is better than large fluctuations in a short period.bitcoin projected rate in 2018 is very high.

ethereumhunter

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i hope the rate is up than before because today the rate is down. the price is stable in above $610 for a week or so and my feeling the rate will be up soon. let we see and hope that will be happen.

meanwhile, while waiting the rate of bitcoin is up, i think its better to play with some altcoin and who knows we can get profit too and make our bitcoin stock in our wallet can get grow too Grin

jak3

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Bitcoin is stable because it has the highest market volume in all the exchanges and its quite popular cryptocurrency of all time and its continiously developing itself

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Quote from: secone on September 06, 2016, 12:31:49 PM

Quote from: BitFinnese on September 06, 2016, 12:12:04 PM

Quote from: crossabdd on September 06, 2016, 11:48:51 AM

bitcoin prices fluctuate, so it must be a saturation point and bitcoin prices will stabilize within a period not specified. after there was news bitcoin prices usually increase.

Or a sudden decline of interest of people resulting to selling their holding that will normally affect the price. If investor get bored of their stuff they normally switch to another profitable investment that interest them, with limited financial fund others tend to sell their holdings even at a lower price just to jump in a new wagon. This things always happen. I hope not in Bitcoin though.

also decline could occur because the hacker news, so everyone panic selling bitcoin, such as the case when bitfinex get hackers and prices eventually fall.

Yeah this is what happen too last year so its not new to hear this such hacking exchange site it is just like other exchange site like mtgox and scryptsy before. and now bitfinex.. and i hope it will not continue in the future. .this following year we will not experience the same as right this year.

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Quote from: BitFinnese on September 06, 2016, 12:12:04 PM

Quote from: crossabdd on September 06, 2016, 11:48:51 AM

bitcoin prices fluctuate, so it must be a saturation point and bitcoin prices will stabilize within a period not specified. after there was news bitcoin prices usually increase.

Or a sudden decline of interest of people resulting to selling their holding that will normally affect the price. If investor get bored of their stuff they normally switch to another profitable investment that interest them, with limited financial fund others tend to sell their holdings even at a lower price just to jump in a new wagon. This things always happen. I hope not in Bitcoin though.

also decline could occur because the hacker news, so everyone panic selling bitcoin, such as the case when bitfinex get hackers and prices eventually fall.

BitFinnese

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Quote from: crossabdd on September 06, 2016, 11:48:51 AM

bitcoin prices fluctuate, so it must be a saturation point and bitcoin prices will stabilize within a period not specified. after there was news bitcoin prices usually increase.

Or a sudden decline of interest of people resulting to selling their holding that will normally affect the price. If investor get bored of their stuff they normally switch to another profitable investment that interest them, with limited financial fund others tend to sell their holdings even at a lower price just to jump in a new wagon. This things always happen. I hope not in Bitcoin though.

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Quote from: Hazir on September 06, 2016, 11:24:16 AM

You call it stable price? I think this period might be over now. Three days ago price of BTC was sitting on ~$570 and now we have $607
Almost 40 dollars price uptrend. And it might be more - or as some predict - RSI is too high and market will crumble.

Yeah right more price increase will come i think we seen the price right now is very stable at 605-608 but there still possibility that the price will increase more thise following days or weeks..
Just give patience and dont sell and hold tightly your bitcoins.

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Quote from: Woshib on August 30, 2016, 02:01:03 PM

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?

After another bitcoin growth rate, we were very shocked at the problems and the corresponding fall Bitfinex cryptocurrency. Therefore, the stability of the bitcoin today is very difficult to say.

bitdumper

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One world One currency, Bitcoin.

I belive that bitcoin is going to increase on the comming days.i said it because on some exchange like yobit.net and some other popular exchange that people had placed lots of buy order

crossabdd

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bitcoin prices fluctuate, so it must be a saturation point and bitcoin prices will stabilize within a period not specified. after there was news bitcoin prices usually increase.

ImHash

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It's a good thing for bitcoin to be stable but I think price should rise even more and the reason it refuses to do so imao is because of Satoshi's coins and if people know what is going to happen to them in short time then we could possibly see a rise.

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SvenBomvolen

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Stability is not when price is around 550 $ for weeks. And its not even around that, it was lower, then higher, take a look at daily highest and lowest, did you?
Stability is when price is oscillating with + or - 1 dollar maximum. And not for one or two weeks, its when its like that for months.
For me price f bitcoin is far from stable. This kind of fluctuations and now back on 600 and plus is not stable.

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You call it stable price? I think this period might be over now. Three days ago price of BTC was sitting on ~$570 and now we have $607
Almost 40 dollars price uptrend. And it might be more - or as some predict - RSI is too high and market will crumble.

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