Will the price of BTC stabilize at around $10,000?🧐🧐 - page 3.

Artemis3

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Quote from: ByteHub on July 22, 2019, 07:45:27 AM

Will the price of BTC stabilize at around $10,000?🧐🧐

Bitcoin can never stabilize at any price. Bitcoin isn't inflating its price by arbitrarily producing more so it can reach a 2% yearly inflation quota, which is what they do to the USD and other fiat currencies.

When bitcoin matures it will oscillate less, but it will still keep going the opposite direction than fiat money. Its not bitcoin's fault, that the current world monetary policy induces inflation.

bryant.coleman

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Nope. The prices are not going to be stable. The purchasing power of USD is going down with each year and you can't expect an asset which is protected from inflation such as Bitcoin to have a fixed exchange rate against it. And also, the current exchange rates are not going to last long. As the number of users and acceptability increase, the demand will also rise. And along with rising demand, the exchange rates will shoot upwards, because the supply is limited (and will decline further by 2020 with the block reward halving).

pankowri

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Quote from: ByteHub on July 22, 2019, 07:45:27 AM

Will the price of BTC stabilize at around $10,000?🧐🧐

In my opinion and I do some research about this trend and also follow some trading group which are renowned for it. In my journey, I don't think so to stabilize Btc around $10k. There will be a huge dump soon if there has no sudden things or news like libra project. Let's see what will be happened near future.

DeathAngel

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Quote from: ByteHub on July 22, 2019, 07:45:27 AM

Will the price of BTC stabilize at around $10,000?🧐🧐

Bitcoin is not a stablecoin as we all know so no, bitcoin will not stabilise at $10,000 for any great length of time. A few weeks maybe, a couple of months possibly but not for a significant period. Bitcoin is & will continue to be a volatile asset.

krb91

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The price of BTC cannot stabilise around 10k USD. I remember feeling that way when it was trading at the 6k range last year. Price moves, sideways trading is in acticipation of a further move; either to the upside or the downside. I really hope it's to the upside though, however, numerous analysts are projecting a downward movement and even a potential correction. I think a retracement should be anticipated though.

valentin68

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No, the bitcoin price will go up (will appreciate, will increase) to approx 500 000 USD/1 bitcoin very probable in 2023. Be very attentive, if you buy now bitcoin or the next year, there will be many bad people trying to harass you for this money.

In the Eastern European countries (Romania, Bulgaria, Russia) if you have 1000 USD with you are in danger!

Slow death

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Quote from: ByteHub on July 22, 2019, 07:45:27 AM

Will the price of BTC stabilize at around $10,000?🧐🧐

Honestly I do not believe that in the next few days we will see big price increases, I'm not much fan of the opinion of these analysts, but I agree with this analysis:

Bitcoin Price Shuns Volatility as Analysts Warn of Potential Drop to $7,000

the price may drop to $7000, but still it will not be bad... because $7000 is a high price compared to $3400 which was the price of January

gomezjoe

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Quote from: ByteHub on July 22, 2019, 07:45:27 AM

Will the price of BTC stabilize at around $10,000?🧐🧐

There's still a chance for pump or dump. I don't know maybe ask the investors as well haha

Gi01

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The bitcoin ecosystem and market is highly unpredictable. Considering the changes in the price of Bitcoin from January till now, I don't really think that Bitcoin's price will get stabilized around $10k. I see the price reaching $20k plus before 2019 comes to an end...

maydna

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Perhaps, bitcoin can stable at $10k first, and then will stable in $15k-$20k Grin

For now, we see bitcoin price stays at $10k, and I am sure that it will increase more than that. I am sure many people wait to see bitcoin moves to a higher price. I hope that we will see the price can get a higher price in this week or the next week and many people will be happy to sell their bitcoin too.

rdluffy

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For me, if BTC stabilize in 10k USD is a good thing, because the price was at 3k a few months ago, and a solid 10k will give more trust to people invest in BTC in a future bull run

It's important to have some stability for a few days, to consolidate the price, it's hard to fall

BrewMaster

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price has already reached a stabilized level and have been here for a while. but like all the other stable phases these prices are the starting position for the next rise. they work as the "getting ready" stage for the market which you can also call the "accumulation phase". since the market is bullish it shouldn't last that long.

MadeinCoin

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Yes for the next few weeks, but not for next month because I'm sure Bitcoin will continue to increase until it reaches $15k. I don't know when that is, but I think in September Bitcoin has reached $15k. If you like scalping, I think the next few weeks will be good enough to do scalping and gain some profits.

joeperry

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It's a decentralized coin and the market as well is decentralized (I think all of them) and there's no such thing that it would become stabilize since most of the people have the rights to set their own price for every bitcoin that they have and there's a lot of greedy people out there and most of the time they will sell it at low prices and there's an investor who will gladly buy all those low prices and what will happened is there's a change of prices ups and downs.

And it will never gonna be stable ever.

longtkhd

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From my observation, I guess there will not be much change in the next few months unless there is a political event or something that makes the price of bitcoin fall. Everyone is hoping that the price of bitcoin will pass. level 10000$ and go further.

blackhawkeye1912

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Quote from: ByteHub on July 22, 2019, 07:45:27 AM

Will the price of BTC stabilize at around $10,000?🧐🧐

Bitcoin at the moment according to the coinmarketcap it was 10,556$, were just last week it went down to 9350$ and its a little bit recovered but not enough to say that Bitcoin stabilize, it may go down or increase at the following days. Depending on the demand for it.

creeps

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Quote from: ByteHub on July 22, 2019, 07:45:27 AM

Will the price of BTC stabilize at around $10,000?🧐🧐

It should be, because if the price of bitcoin stabilize on $10k level then the probability to drop is not that high. We have to hold on this level, for the price to go up again. Yes, there’s no assurance so stay close to the price and keep watching it, bitcoin can go low or high. My speculation with bitcoin is still up beyond $15k level.

jossiel

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I hope so but we can't be sure for the moment because it's still on that level. You don't have to overthink about stabilizing at $10,000 because soon we will see it stabilize more than that price.

No one can assure you that bitcoin will stabilize on $10,000. If you have plan to dump soon, think on how willing you are to wait until the market stabilize at better levels.

ByteHub

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Will the price of BTC stabilize at around $10,000?🧐🧐

Topic: Will the price of BTC stabilize at around $10,000?🧐🧐 - page 3. (Read 664 times)