Bitcoin Forum

The price can stabilize!
I remember 2016, the price went stuck between 500-700 usd for months, so why most people think that bitcoin need to worth a lot and if does not, it needs to worth very little?

there are different types of people around with a lot of different opinions.
most people think that bitcoin is a way for them to get rich quickly so they want bitcoin to always rise and each rise be a "to the moon" rise.
and there are also a lot of people who are making a lot of money from these big  fluctuations, so obviously they want price to go to hell or to moon because the bigger the drop/rise the bigger their profit is going to be!

i think price won't become stable for long and that will last a long time! bitcoin is still small and the whales of it are still too big. the market needs to grow bigger and the whales need to shrink a lot.

Bitcoin pricing has been a source of concern to many hit and run investors and to me we did not need to be too concerned about the happening. Bitcoin enthusiast should not be part of this and what should  be concern is that the adoption of bitcoin all over the world and people to accept it as money and not treat it like stocks and share and commodities. Fluctuations in price and volatility does not help the market mush but only Published it.

the price will not be stable, bitcoin is designed to fluctuate, because that is where we can gain profit. this situation makes panic in the panic and smart investors can take advantage. OMG! we must be really smart in strategizing if we look at this situation, it's like an annual habit.
I just hope the best to bitcoin.

It is cryptocurrency so it will fluctuate anytime we don't predict the stabilization of Bitcoin but one condition is possible it will stable raise or stable fall in the market. All the countries are discussing the implementation of cryptocurrency so future it will going to moon.

it looks like the price will still be able to go down again because the price reduction target is still not reached I predict the bitcoin price will drop to $ 5k again and after that I hope the price back up again.

i am just laughing about this certainties,but it made me smile readin the term HIT AND RUN INVESTORS,this must be the right term to use for those sucking users that has been reacting wild when price even drops a little.i guess better for them to lose forever so they will go away and leave our community for good.theyre not helping this community instead bringing nothing but complications whenever they withdraw in some price issues

For stable price growth some correction is must so current dump is not more than a simple correction and silence before a storm. Many panic investors need to get out from the market which they are right now so that bitcoin will be held by only true believers and long time holders and market will have more stable growth.

The one who will panic will always loss.

If price stays between 9k-12k right now I would consider it stable, past month it is doing just that. If it wasn't for all Mt.Gox and other FUD it might have stayed that way or even raised more. But in reality the price will never stay stable for more than a month or maybe two.

Even I who only entered exactly at that time can remember this. Ethereum was the one making all the moves, people selling at the $20 highs and dippers buying in when it got to $6. Bitcoin people were only whispering about the dream of $1k, plenty were saying it would break down 500 and then sink to $100. I also recall all the proud traders who kept making 10% every $50 to $100 swings. They are probably the same ones making 10% with $1000 swings these days.

What's wrong with stabilizing prices indeed?

This process is just part of moving towards a more stable currency. Each time the price dips and then recovers it will either shake off these weak hands or they'll begin to learn and become stronger hands. One day there will be very few left and we won't see such volatility in the price. The same thing can be said for upward spikes.

Cant we have a compromise between stability and volatility?

I mean, a reduced volatility would be good, and allow for e-commerce to come back to bitcoin, at the same time allowing trading as usual.

When the price is stuck people think that Bitcoin is losing its value and need which creates a lot of panic .
There are also some times when the price is hiking and the people wish for it to get Stable . Bitcoin is not accepted at any level , it cannot be stable , surge or shrink .
I really don't understand the mindsets here.

I personally think its not all about the price, its about the worth and value of bitcoin that most people consider it to worth higher than its price. If the price is stable, then I think it may be a good thing but if its not, its also a good thing. Aside that, there are major investors who might have been manipulating the market price of bitcoin for their own gain, probably another reason why there isn't a stable price. (most people believe this, though its not reliable)

it doesn't need to do that but that is what happens!  bitcoin is still young and the course of its adoption will be like this. in fact this picture that keeps being posted each time there is a drop (which is out of context every time) is very relevant and on the context here.

https://fp.lhv.ee/image?id=41543

price will be volatile until the mass adoption. these steps will be repeated and each time the ATH will go higher and higher.

on top of that, the way exchanges work and how small they are causes these swings to be that much bigger.

Bitcoin is a decentralized digital currency.So if the investors in bitcoin is increased,automatically it will reach the moon.Not even a single factor is needed other than this.The price stabilized of bitcoin is due to positive and negative news come at same time.

Your grammar is gruesome.
People had a different conception of bitcoin back then. People were legitimately interested in bitcoin. Now people look at it as easy money making scheme. So just ignore those cunts.

In a few years, we will get to the point where most of the people will use it and volatility will be lower than the current one.
Also, earnings will be lower. It is the natural direction of the market.

I brought in $500 at $1113 at Coinbase I'm hoping that I can make some profit just a little extra plus Even if I make $40 it's better than sitting the the bank not making anything. It's really up to you everyone here can tell you it will double or triple but it's if you wanna take that risk, or you can wait for a huge drop and jump in all I'm going to say is I did it with same amount and same app

The centre never holds. This price is neither here nor there in the great scheme of things. As Satoshi himself said it'll either be enormous or dust. It stabilises properly when it's reached saturation point. We're nowhere anywhere near that.

On one side we've got a price that's almost entirely speculation. On the other you have the rest of the world that hasn't fully cottoned on yet. One of them will tip.

In shorter terms it definitely can. I find it very tiring how every $100 movement is leapt on as conclusive proof of the stars or certain death. The likelihood is higher that the price will do not very much.

You can't call price movement from $500-$700 a stable, remember that when Bitcoin is priced on that range there are still few people that had invested or known Bitcoin so the price will likely move slowly and a $100 gain in Bitcoin value is big enough on that time. And I always think that Bitcoin price will always be volatile because there are people that will always cash out their earnings whenever Bitcoin reaches a certain price and no one can stop them from doing that because Bitcoin is also used to trade other cryptocurrencies, there may be some scenarios that it gets stuck in a certain price level but it won't take long that it will go down or up because there are traders and Bitcoin has a fix supply.

Different people have different views especially those average bitcoiners who rely on hold to increase the value of their stash.  As for theirs, going to moon or not, as long as the price is continously climbing then it's way better than a big crash.

Just go with the flow instead of thinking like that.

P.S Bitcoin price never stabilized since commencement of operation and never it will in the future. Remaining on a same price level within months can't be called stable well as long as my trading fundamentals is concerned.

95 % of the users who are impatient about BTC and spread FUD weren't here when the prices remain stable for months, all of them came in late 2017 when BTC exploded, this is why all the pessimistic views are being spread

If you can admit that for today's market the price between 9,000 and 11,000 can be considered stable, then I can affirm: Bitcoin is stabilized already.

BTC it is always stable in a certain trajectory of it, the current price is very high, the future BTC may rise again but in my opinion it must be five in the range that many people have the opportunity to own Yes, that is really the most used currency in daily consumption. ;D ;D ;D

I mostly agree. Price with daily fluctuations of $500 or $1000 can hardly be called stable, but it may easily get stuck around $10k or slightly below it with some (seemingly) random movements for months without large pumps and dumps.

We are still thankful because the price is not incurring below $6k which I think could be a big loss for those people who invested at the 4th quarter of the year last year hoping that they did no cash out yet their investment and hold it at least for a year so they can gain just like us.

The reason for that was that the price was low at that time and it could be because there is relatively huge trade for now. It's obvious that how much the coin is traded the volume increases with stability. If you are looking for a stable cryptocurrency, there are some altcoins that more stable than bitcoin. For ex : MNX, ETN

When you look at the previous price of bitcoin you cannot say it was stable. The movement price of bitcoin is always fluctuating as this is the reasons more users are involved in bitcoin. They invest to get profit in bitcoin it attracts new users.

We can't just say that bitcoin price should stabilise, and the price will stabilise. Just doesn't work like that.

Bitcoin is naturally volatile. I agree, I personally do not believe that bitcoin is only considered successful if its price skyrockets. That's quite absurd, considering that is only a minor part of the measurement of BTC's success. I'd rather have bitcoin less volatile and in a slow but steady long term up trend. But that is not always guaranteed to happen. We did see at one point bitcoin at $700 and it was stable, but demand has picked up a lot, and i mean A LOT now compared to then.

However, if we're talking about the short term here, price stabilizing usually means that it's building support for a rally. But it's important to not get carried away by short term price movements, especially if you're holding for the long run.

Well the point is, people are always wanting btc to moon in a very short time or taking btc down to scare would be investors. Btc will move when it will and people should just learn to move with it's flow. Wanting btc to go to a certain direction just doesn't cut it

Yes, that's true and I want to talk  something. "BTC don't need to go to the hell or to the moon, because the moon itself is " ;D ;D

I actually think it is much more likely that Bitcoin will make huge increases over time because there is a limit to the supply. As fewer Bitcoins get mined every year, it theoretically becomes in higher demand. This will make the price gradually increase as supply drops.

Of course, this only works if people still want to own Bitcoins. I believe that will happen because Bitcoin is basically the face of the cryptocurrency movement.

I totally agree. In fact, if we review a little further back, during 2015 and 2016 the price of bitcoin remained in a very stable range and that led to it perfectly fulfilling its functions as a currency, as a store of value and, above all, as a means of of payment, offering fast and cheap transactions. In addition, a stable price would imply a reduced volatility, an indispensable condition for its massive adoption in more businesses and stores that fear this type of movements so drastic in the exchange rate.

Stabilize with 0.1% adoption?

Stabilize when even Steam is not accepting it?

Just no, we need worldwide adoption, so we need to go to the moon. 20% adoption will give us a 1 million price per coin.

Bitcoins will actually skyrocket again just like what happened last year and it was also a good news that there are more countries this year that has been legalized to invest on cryptocurrency so we can expect more demand in the market.

And the funny thing is that those that wish that are the most likely to go broke because they are going to try to time the market and that is impossible, and the long term holders that just accept the whatever the market gives to them and that take advantage of the dips to get more bitcoin and which are not making a lot of noise are the ones that are going to get the greatest benefits out of bitcoin.

Stabilization of bitcoin will lead to mass adoption. Once bitcoin stabilizes, more people will adopt bitcoin as a universal currency and start using Bitcoin in their day to day lives, with transactions and in the market. However, we have a while for Bitcoin to become this widely adopted. Bitcoin will keep wildly fluctuating for a long time, but with patience we may one day see Bitcoin stay in a set price. I also think that the emergence of altcoins also leads to Bitcoin’s price to constantly fluctuate, most likely due to the cryptocurrency competition that is occurring between alt coins to be the top cryptocurrency.