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tss
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November 23, 2015, 06:30:52 AM |
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even if it stays at 310-340 for 2 more years that is still great news. stability is not a bad thing. people who buy bitcoin for speculation thinking they will be rich tomorrow usually buy it at the peak of a pump and regret it when they sell a month later at a loss. thats how whales make their money.
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bitlancr
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November 23, 2015, 08:52:49 AM |
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I'd doubt we're gonna sit at $310-$340 for 2 more years.
Look at what happened this year, if you only look at this year you can see that this year wasn't that bad.
Right now we're at a stable $300.
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Kaller
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November 23, 2015, 09:51:06 AM |
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The price might be stable around $325 for two more month. It will rise after new year after more news about adoption.
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Snail2
Legendary
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Activity: 1512
Merit: 1000
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November 23, 2015, 10:13:22 AM |
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Two years stagnation is quite unlikely. Maybe prices will go down a bit (if the EU "crackdown" will be too rough), but the block halving or some good news surely going to push the price up.
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AndySt
Legendary
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Activity: 2142
Merit: 1012
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November 23, 2015, 04:12:42 PM |
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This is quite a likely scenario but I still hope that the course will move closer to 400 USD. But more than that I'd rate bound in 500 USD but do not fully understand the situation in the financial sector in the next two years  |
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Yogafan00000 (OP)
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November 23, 2015, 06:34:22 PM |
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Here's a tinfoil scenario where it *could* happen, even though none of you want this to play out. 1: Mainstream doesn't give 2 farts about Bitcoin. They'll never adopt it unless there's a killer app, like starbucks points on their phones. No killer app development occurs for at least 2 years and mainstream continues to ignore BTC. This contributes to a ceiling on the price, via free market forces. I believe pretty much anyone who wants BTC is already in the game, to some extent. 2: Some big-wallst-whale-gov-central-bank, or similar powerful org wants to take over the long-term purpose of Bitcoin and use it for it's own objectives, with requirement of stability in the $310-$340 range. With effectively unlimited access to fiat, via the printing press, or other fiat mechanism, they fill any sell order below $310, essentially setting a permanent floor to the price. 3: Along with free-market, gov manipulation through propaganda, threat of KYC fees & laws, banning, etc, along with surreptitious sell pressure, big gov can't guarantee permanent ceiling, but are currently powerful enough to manipulate price where they want for 24 months. So far I've not been proven wrong about the stability since 48 hours. I wonder how long until I'll be proven wrong?  |
1YogAFA... (oh, nevermind)
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amrulshare
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November 23, 2015, 06:43:02 PM |
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I don't see this happen at all. Especially since we are at a key point for bitcoin.
The current price is not a safe price. It will go up or it will go down within a month or 2. Of that i am quite certain.
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dloghwak
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November 23, 2015, 06:59:54 PM |
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Not gonna happen, Bitcoin is most probably staying volatile.
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richardsNY
Legendary
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Activity: 1232
Merit: 1091
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November 23, 2015, 07:10:53 PM |
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Not gonna happen, Bitcoin is most probably staying volatile.
Everything is possible with Bitcoin. The price went below $200 in the beginning of the year. Every one said it would never go sub $200 anymore. And it still happened. That just shows that Bitcoin is doing what it wants regardless of what we think. |
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Newcoins2020
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November 23, 2015, 09:19:32 PM |
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Not gonna happen, Bitcoin is most probably staying volatile.
Yes indeed, and there is no harm in that. Well there is a little harm if we experience this big high's and immediate market corrections again and again. a 20% annual growth is more then enough. However, the whales think different.. |
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HarryKPeters
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November 23, 2015, 10:00:22 PM |
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Volatility means insecurity. But not with bitcoin. With bitcoin it means some big holders/whales are speculation with lot's of money.
Again there is no event or signal that this rise would happen, or even hold...
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Alubert
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December 30, 2015, 08:56:02 AM |
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Not gonna happen, Bitcoin is most probably staying volatile.
The Bitcoin price will stay volatile, but the general trend is up, like it did in the past 6 years. |
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langedwig
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December 30, 2015, 02:05:17 PM |
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2 years ? very long period . It will rise or go down. Cant be constant
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hasiramasenju
Legendary
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Activity: 980
Merit: 1000
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December 30, 2015, 03:26:23 PM |
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if that really happen i think that is good news and it mean the bitcoin price is stable because as long i know the bitcoin price never stable
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tokeweed
Legendary
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Activity: 3948
Merit: 1418
Life, Love and Laughter...
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December 30, 2015, 03:42:10 PM |
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The stability would bring constancy which would shut down Uncle Ben's argument, but wouldn't it be boring?
What do you think?
OK with me. Finally we get some stability. |
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Alubert
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January 05, 2016, 09:06:44 PM |
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Volatility means insecurity. But not with bitcoin. With bitcoin it means some big holders/whales are speculation with lot's of money.
Again there is no event or signal that this rise would happen, or even hold...
When the price of bitcoin rises further, the market cap will be much larger. It is more difficult for whales to manipulate the market. |
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Kaller
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January 06, 2016, 01:29:31 PM |
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The stability would bring constancy which would shut down Uncle Ben's argument, but wouldn't it be boring?
What do you think?
OK with me. Finally we get some stability. The stability may be temperary. There will be the halving coming, the price could rise dramatically in the next few months. |
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langedwig
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January 06, 2016, 02:03:09 PM |
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Current price is 430$+ Update the thread title.
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martinacar
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January 06, 2016, 02:39:23 PM |
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This is not going to happen. Within a few weks we will see some action.
Either it goes up,or it goes down.
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hawkins
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January 06, 2016, 03:03:06 PM |
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I think it's still interesting, but I hope it will not happen, when seen from now, the price of bitcoin will be higher, plus the addition of users most of whom are investors, and if there are changes in the economy in a country can also affect the price of bitcoin be increased , so it probably will happen in a very long time
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