Stable, stable, stable!

[xht]

The stability of the price in the last six months bears some fruit. The price is around $500 now. And it could be higher.

You are right, It might keep rising for now variations have reached until $100.

On one hand we want stability and on one hand we want to see this volatility. Makes me wonder what is the case?
Right now the price going to the 600 dollar and not stopping there is very good if you ask me.

$600 will be achieved very soon, price volatility is good for traders but normal users loves price stability and new investors also prefers stability in price.

Huobi already reached $600 (in CNY) a few times

but not for very long though

All china market has tried to push the price higher but west market still not follow it maybe we need to be patient surely we will see the price touch $600 soon as possible.

[1713876181]

1713876181

[1713876181]

1713876181

[1713876181]

1713876181

[Jmild1]

The stability of the price in the last six months bears some fruit. The price is around $500 now. And it could be higher.

You are right, It might keep rising for now variations have reached until $100.

On one hand we want stability and on one hand we want to see this volatility. Makes me wonder what is the case?
Right now the price going to the 600 dollar and not stopping there is very good if you ask me.

$600 will be achieved very soon, price volatility is good for traders but normal users loves price stability and new investors also prefers stability in price.

Huobi already reached $600 (in CNY) a few times

but not for very long though

All china market has tried to push the price higher but west market still not follow it maybe we need to be patient surely we will see the price touch $600 soon as possible.

China has a big contribution in bitcoins price increased, sure if they want to pump the coin they can do it easily..

[lumeire]

IMO this wouldn't be stable for too long. With the recent spikes, we're sure to see more price disruptions.

@Jmild1 Pretty sure it's not entirely China that's behind all these movements.

[lemipawa]

China has a big contribution in bitcoins price increased, sure if they want to pump the coin they can do it easily..

Any Idea why China could have been the culprit of this sudden pump of Bitcoin rate specially on a weekend?
I've been following the post's of a representative here of HaoBTC and looks like there's an issue about Bitbank and the news sounds not very good. If ever the problem of BitBank is not resolved we maybe seeing something that could make the rate drop again.

One thing the Bitcoin doesn't like is bad news, any bad news about Bitcoin effects the exchange rate.

[Decoded]

Stability means going to the red. No stability = no publicity = no trade volume

That means that we need a huge surge or drop soon!

[RoommateAgreement]

we are at another stable price again which i believe is a good thing, this helps built up our stash of bitcoin on a fixed price before the big rise comes so we can take the most profit.

[pooya87]

Stability means going to the red. No stability = no publicity = no trade volume

That means that we need a huge surge or drop soon!

you don't know what you are talking about! stability is so much better that volatility. volatile price which is going up can bring a lot of publicity but the big rise will lead to fall which is worse becasue that will also bring a lot of publicity this time negative. so this big surge you are looking for will lead to bad things in the long run.
also i have to say that trade volume doesn't help bitcoin grow, trade volume is only restricted to traders and comes with the volatile price, growing and mass adoption has nothing to do with that.

[BigBos]

we are at another stable price again which i believe is a good thing, this helps built up our stash of bitcoin on a fixed price before the big rise comes so we can take the most profit.

you're right, but I've seen at this price point bicoin become stable again, but there are still many people who can make a profit even if the price of bitcoin bitcoin stable, they are a wonderful person

[arwin100]

we are at another stable price again which i believe is a good thing, this helps built up our stash of bitcoin on a fixed price before the big rise comes so we can take the most profit.

But really i want to see bitcoin goes stable for this current price rather than to go up for more and go to 2k$ price because if the price is stable for this price the businessmen will still give oppurtunity to people seeking money online and if price will reach for the said no. Well maybe we can experience big crash since people will surely sell their coins that they buy at cheap price because they already get profit with it and also the advertisement business well be lessen if price is up and we cannot get benifits if advertisers are pulling out because they cant pay high price since bitcoin is so high.

[yhansky]

The stability of the price in the last six months bears some fruit. The price is around $500 now. And it could be higher.

You are right, It might keep rising for now variations have reached until $100.

On one hand we want stability and on one hand we want to see this volatility. Makes me wonder what is the case?
Right now the price going to the 600 dollar and not stopping there is very good if you ask me.

$600 will be achieved very soon, price volatility is good for traders but normal users loves price stability and new investors also prefers stability in price.

Huobi already reached $600 (in CNY) a few times

but not for very long though

All china market has tried to push the price higher but west market still not follow it maybe we need to be patient surely we will see the price touch $600 soon as possible.

China has a big contribution in bitcoins price increased, sure if they want to pump the coin they can do it easily..

Yes youre right china is one of biggest consumers of bitcoin.,they can manipulate the  price of bitcoin if they want.
They can even make it 1000$ by the end of the year.

[bitcoin-hunter]

The price is not even stable now and that is nice because there are now a lot of people that is waiting for a higher value so that is really nice.
And of course it will be really hard to know what will happen in the future but the most people are now holding their coin.

[d5000]

Stability means going to the red. No stability = no publicity = no trade volume

If we look at the past, all major price rises were preceded by stable phases, at least from 2012/13 on:

- The first 2013 bubble (February to April) was preceded by a very stable year 2012.
- In summer of 2013 there was a period of stability around $140, preceding the bull run up to $1240. (There was Willy bot too, but he couldn't have done this alone)
- Then we're going to 2015: Almost 9 months of stable prices in the 200-300 range. Followed by the price jump up to $400.
- Inmediately after this event, we see a sideways phase in the $400-450 range. We all know what followed.

So stability is a good indicator that a price rise is within sight. I am still convinced we'll get a bit higher before the halving event.

[Mr.grin]

The price is not even stable now and that is nice because there are now a lot of people that is waiting for a higher value so that is really nice.
And of course it will be really hard to know what will happen in the future but the most people are now holding their coin.

already a few days bitcoin prices stable. but it still can not say stail completely, because so many people are saying that the price of bitcoin will be increased again soon

[naidray]

Stability means going to the red. No stability = no publicity = no trade volume

If we look at the past, all major price rises were preceded by stable phases, at least from 2012/13 on:

- The first 2013 bubble (February to April) was preceded by a very stable year 2012.
- In summer of 2013 there was a period of stability around $140, preceding the bull run up to $1240. (There was Willy bot too, but he couldn't have done this alone)
- Then we're going to 2015: Almost 9 months of stable prices in the 200-300 range. Followed by the price jump up to $400.
- Inmediately after this event, we see a sideways phase in the $400-450 range. We all know what followed.

So stability is a good indicator that a price rise is within sight. I am still convinced we'll get a bit higher before the halving event.

Let's just hope that bitcoin will maintain it's stability no one knows it's ups and downs we could be just shock one day that it has a value of 1000$ per BTC. Some could get a large amount of savings if that happen today itself.

[d5000]

Let's just hope that bitcoin will maintain it's stability no one knows it's ups and downs we could be just shock one day that it has a value of 1000$ per BTC. Some could get a large amount of savings if that happen today itself.

For now, mid-term I expect high volatility, with a peak in early July. This little stable intermezzo we were seeing in the last week is, in my opinion, only a break in a very bullish phase. It's like a step of a stair.

I expect mid-term stability starting with the dumps after the halving date. If I had to predict, I would say we will see a stable phase between September and March of 2017. My guess is that in this new stable phase price will stay at a pretty similar level that we are seeing actually, somewhere between $400/450 and $550/600.

[iv4n]

Now is everything but not stable, so we can say that bitcoin never was stable more then a month. So I think many just don`t have patience. I agree with fact that people earn more and have fun more (some lose and don`t have so much fun) when price goes up and down everyday, but stability attract more people in my opinion. People like when they can have trust in something, I know most of us believe in much higher price then now, but its gambling. And many just don't like to gamble.

Now we will see how much can bitcoin go, where is the maximum of this rise, and for me much more important where will we be after all this.

[Bestwishes745]

The stability of the price in the last six months bears some fruit. The price is around $500 now. And it could be higher.

You are right, It might keep rising for now variations have reached until $100.

On one hand we want stability and on one hand we want to see this volatility. Makes me wonder what is the case?
Right now the price going to the 600 dollar and not stopping there is very good if you ask me.

$600 will be achieved very soon, price volatility is good for traders but normal users loves price stability and new investors also prefers stability in price.

Huobi already reached $600 (in CNY) a few times

but not for very long though

All china market has tried to push the price higher but west market still not follow it maybe we need to be patient surely we will see the price touch $600 soon as possible.

yeah you aretrue the eastern market had already achieved $600 target, and I am seeing people there trading in around $50 to $600 and earning a good amount of money, I think for now we should have to remain at there and when the western also reach to there then should use them also.

[HarryKPeters]

Now is everything but not stable, so we can say that bitcoin never was stable more then a month. So I think many just don`t have patience. I agree with fact that people earn more and have fun more (some lose and don`t have so much fun) when price goes up and down everyday, but stability attract more people in my opinion. People like when they can have trust in something, I know most of us believe in much higher price then now, but its gambling. And many just don't like to gamble.

Now we will see how much can bitcoin go, where is the maximum of this rise, and for me much more important where will we be after all this.

I believe the top is around 650. And hope that the price becomes more stable. As in is settles there for a year or so.
It would give many people a good incentive to start buying bitcoins.

[1Referee]

Now is everything but not stable, so we can say that bitcoin never was stable more then a month. So I think many just don`t have patience. I agree with fact that people earn more and have fun more (some lose and don`t have so much fun) when price goes up and down everyday, but stability attract more people in my opinion. People like when they can have trust in something, I know most of us believe in much higher price then now, but its gambling. And many just don't like to gamble.

Now we will see how much can bitcoin go, where is the maximum of this rise, and for me much more important where will we be after all this.

I believe the top is around 650. And hope that the price becomes more stable. As in is settles there for a year or so.
It would give many people a good incentive to start buying bitcoins.

If the $650 level indeed turns out to be the top, then the settle price will be significantly lower. I personally believe the price will remain between $450-$550 for the rest of the year once the block halving has taken place.

[Signaturan]

Now is everything but not stable, so we can say that bitcoin never was stable more then a month. So I think many just don`t have patience. I agree with fact that people earn more and have fun more (some lose and don`t have so much fun) when price goes up and down everyday, but stability attract more people in my opinion. People like when they can have trust in something, I know most of us believe in much higher price then now, but its gambling. And many just don't like to gamble.

Now we will see how much can bitcoin go, where is the maximum of this rise, and for me much more important where will we be after all this.

I believe the top is around 650. And hope that the price becomes more stable. As in is settles there for a year or so.
It would give many people a good incentive to start buying bitcoins.

If the $650 level indeed turns out to be the top, then the settle price will be significantly lower. I personally believe the price will remain between $450-$550 for the rest of the year once the block halving has taken place.

If the bitcon price action follows the recent pattern, the price will not stop at $650. The price could be $650 early next month.