Bitcoin Forum

with all the volatility in price that we seen in the past couple of weeks it is good to see some silence, but is there any reason for it?

It`s silent because the people don`t expect another bitcoin speculation bubble soon.
The Chinese aren`t so aggressive at buying bitcoin  and without them the price won`t reach $1200.

Its quiet because people are trying to figure out what's going on and their next move.

Everyone's afraid it's turning out to be another 2014. I.E., btc price goes up a bit or seems to be steady, then it drop 20+, rinse and repeat. You should be afraid, very afraid. There's a strong potential it will lose 80% of its value; there's a weak potential it will go to 1200 this year. I guess, no risk, no reward.

Cause it's not a bubble.
When you think about it volatility isn't even really high.
Sure btc price changes a bit, but all around 850$ on average.
Compared to real volatility (fromm 500 to 1500 and vice versa) that's nothing ^^

as a miner
im quite happy the price is stable
if it moves sideways for a few months its not a bad thing

They knew that selling on this current price is not worth it. And they realize that holding bitcoin will give them high profit in the future. Lets just wait for the ath that will happen this year.

Maybe they are all just resting after that roller coaster ride at end of 2016 and early january 2017. Their heart almost burst when it reached 1100+ and suddenly dropped to less than 800. The horror of 2014 crash resurfaced. Luckily it is now stable at 900+. They can rest for a while and enjoy the current price.

It's a combination of the sanctions put in place by the PBOC and the Chinese new year. Don't forget that western exchanges mostly follow what Chinese exchanges are doing. So if the markets in China aren't moving, western exchanges won't move either. I think it's safe to say that the current stability is quite a nice happening after all the volatility that we have been experiencing lately. I am sure that the volatility addicts are bored to death right now. :D


Still trying to convince rookies into believing your theory? From your last 6 posts, 4 posts are about how you think it's looking like 2014 again.

I say, some are just on the watch of the following movement. It might be a cue or a signal that they are waiting for to decide their next move. I think in this kind of industry one must be an observer and  a continuous learner to be successful. Just like in stocks, you can't leave your investment and go for a vacation especially if it is as volatile as btc.

All markets no matter how volatile will experience periods of relative stability. I see no reason to worry about the recent stability as this is perfectly normal.

i think its not so silent because the price is increase and decrease although the price is not going to deep but at least the price is still movement in the market. maybe after this, the price wil make a deep movement and i don't know where the price will go so lets we wait for this and we hope the price is increase.

what volatility, dude?

price is stable around the $920 for last two days and volume is much lower than back in the days where some volatility was present

things are silent here because the market is silent

That's just how it happens, so the bubble just bursted so the price will remain clam for bit and start rising again most probably but there won't be the same volatility we had just before the $1000 unless there is some major event.

bitcoin has been stable and things were "silent" for a long time. a quick look at the past two years i can say we had only two major rallies, one recently to $1100+ and an another one a while back during the halving hype.

and in all the other times, price has been slowly creeping up with times like this when price becomes too stable and seems like not wanting to move.

no movement = increasing silence. everyone's waiting for the chinese to either shit the bed or carry on a little something like before.

This. People are just resting and having a think. There arn't any new developments that can move the price, and until something happens (either breakthrough on blocksizes, breakthrough on the Winklevii ETF, or perhaps an economic crisis in some part of the world), the price won't move much.

This is the speculation subforum, and right now bitcoin is pretty stable at around 920 USD, 10 dollars up 10 dollars down, somehow has found a nice stability along that range for some reason.

It's yet to be seen how high we are going to go next without the crazy chinese gamblers. It's good news tho, they can't crash the market as hard anymore and the price has stabilized near 1000, once we reach 1000 again its on.

On the 30 day chart one can see that there is a triangle about to close. And it's not clear if it's a bullish or bearish triangle - from my limited knowledge with TA I would think it is bearish, but on the other hand the price is slightly tending upwards so it may be an ascending triangle (http://www.investopedia.com/terms/a/ascendingtriangle.asp). So people mostly are waiting for a whale to make the next move.

Besides of this, we have weekend and Chinese New Year.

There may be another factor: There could be less arbitrage activity because of the slow exit of traders from the Chinese exchanges.

It's usual and common for that kind of behaviour to happen especially when there is no hype or speculated trolls messing around. We all know that bitcoin price volatile but not directly it will have a very active movement everyday. But if you look at the 24 hours duration of bitcoin price chart, there's no such thing as silent action as price moves a lot. Lots of green and red candlebars have been established.

Let's just wait for the next upcoming trend.

Well i think we are experience of silence right now due to small fluctuate of the price right now but if the price is treding again if the price is increasing fast and hit $1k value again we will see more people will complain about the price of bitcoin. for now we are still waiting again for the price increase and hope that the price could rise back to $1000 this coming month.

IMO, it's calm trend as I can see. About last bubble, as the result on end of year effect especially when Chinese are controlling the transaction.
Although it's calm but it's slowly increase over time but for some time, it will back to decrease until ready to bubble again at the end of this year

Stability equals silence...

No pumps, no dumps means no action, no fun.

There isn't any spectacular news going on neither. Nobody bans bitcoin, nobody talks shit on it, nobody hacks any exchanges, nobody claims to be Satoshi for quite a while.

I agree. We need more action.

So everyone is in an observation pace?  Or is this a silence before a storm?  I hope that storm will make BTC price to skyrocket  not the other way around.  


Well I guess the whales are done accumulating  ;D  seems we are in a possible transition of natural growth to manipulated growth again.  So let us see what happen next.  I hope it is a Bitcoin PUMP.

i hope it is silence before more silence and a slow rise up. and this wouldn't be the first time this happened either.
this is from 2 months ago:
https://i.imgur.com/7mlUqah.jpg


and i have a feeling that history is going to repeat itself for the 100s time

https://i.imgur.com/F8fI3sU.jpg

Because the volatility has passed, those that lost money out of it are licking their wounds, and those that earned a profit are partying all night long and finally those that stayed out of it are waiting for the next bubble.

The price is within the framework of 900$ with some up or down movements so people are probably waiting for the limit to be broken. Although it seems that Bitcoin market is prety quiet there are lot of movements but seems that everyone are quietly waiting what the next scenario will be and then make their move.

always look at the volume not the price.

• yeah price is stable right now and there isn't really much movement in it but the volume is still high enough.
• also volume is high for a stable price, obviously it was much higher when price was volatile.

No action in price not much to talk I would guess.
If we should move a bit sideways before something happens again then it'll get even more quiet.
Use this time to do something else.It's good to be passionate about Bitcoin but a bit distance for some while can be good.

Actually, every market works this way. It is estimated that 80% of the time the prices move in a fairly stable range, and only 20% moves in a clear trend. Therefore it is only a matter of being a bit patient and waiting for the next rally, which may take few weeks or several months to arrive.

http://imagizer.imageshack.us/a/img922/2888/o2iIKJ.png

http://imagizer.imageshack.us/a/img923/1540/KOIRGm.gif UP, we will ...

OP, I can't tell if you're talking about the market itself or this forum, or this particular subsection of it.

The market has been not silent, but we're in that sideways pattern again.  I'm wishing I had more spare cash to do some buying--I spent most of my bitcoin recently, and it was silly to do that.  I hate spending bitcoin.

As far as the speculation section goes, the quieter the better.  This is just a bunch of technical analysts and their acolytes spouting chartist nonsense.  It's all crystal ball-gazing, and what gets written here is mostly garbage.  None of us knows where the price is headed and if we were all honest, we'd acknowledge that.

The fake volumes by the exchanges have got regulations and this has made a true and stable rise with decreasing volatility. So we can't expect sudden bumps and fall to the low to profit the big whales who holds a large volume of bitcoin and make market correlation.

people avoiding to get bitcoined

haha

To prevent another big dump activities I thought, but it is better to have few days of steady price for now.
We have seen in every bit increase ($10-20) people will sell again cause the price decline.
I guess the trading will keep on low volume at least until next month, or we will facing another crash from impatient users.
That's not bad at all, because others will buy more bitcoin, the cycle always be the same.

i never know the cause for this situations but no bubble and silence was good i think because at least no dropped since few weeks indeed price movement was pretty slow and this is not good for the traders because maybe most of traders will expect more bubble to get more profit but for me silence more good than dropped on the bottom

Yes, every one is keenly watching the situation to see what happens after the quick rise and fall of bitcoin price.No one is able to predict whether it will fall or rise.Chinese expect price to fall more and so they are creating rumours about PBOC is going to ban bitcoin.But when the chinese start buying bitcoins, immediately the price would rise crossing even $1100.