newcoins1978
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February 29, 2016, 09:33:13 AM |
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I guess the price bitcoin will never be stable if bitcoin still has a relationship with the market, because bitcoin will become a tool that has a price. bitcoin prices also in the set of users, such as the current bitcoin prices stable at $ 390-400 but maybe later it will change again over time
As you said it depends upon market condition and this is the main reason. It would not become stable because market always faces ups and downs and it is obvious that bitcoins also vary with it. Due to its variable price many traders are in profit by buying it at low price and sell it at higher prices. I think not only the market can decide when the price will rise or dump. I think also investors and new users has effect why price of the bitcoin will rise.. And i think bitcoin will never be stable is just like other currency or product market that never been stable in long time.. If bitcoin will become fiat i think it will be stable but i think its impossible.. It wont be stable. I think it will always change. And it is always changing, because the value is hard to predict. You never know what can happen later in the future. But if you are now looking you see that the value is rising.
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takingthis4
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March 02, 2016, 02:59:11 PM |
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stable bitcoi price could be 10 000$, and stable price would stop all sellers/buyers, would be no manipulation, also a lot of poeple would use them, stores would accept them
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Naughtis
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March 09, 2016, 08:33:28 PM |
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stable bitcoi price could be 10 000$, and stable price would stop all sellers/buyers, would be no manipulation, also a lot of poeple would use them, stores would accept them
That is right. If the price is very stable, there is no profit to be made from the fluctuation of the price, it will be good for the adoption.
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nostal02
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March 10, 2016, 06:15:59 AM |
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stable bitcoi price could be 10 000$, and stable price would stop all sellers/buyers, would be no manipulation, also a lot of poeple would use them, stores would accept them
That is right. If the price is very stable, there is no profit to be made from the fluctuation of the price, it will be good for the adoption. The price wont be stable until all the halving is done or all the bitcoin has been mine and that makes it rear. The more rare the item is the more price it will get and make there will be a stable price for that but until then we have to wait for all bitcoin to be mine.
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CryptoBjorn
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March 10, 2016, 05:45:22 PM |
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The price is indeed now stable and that is much better than it will go down. So that is good. But now we must wait to that it will rise. But we dont know when it will start and that is the problem. We need some patience, and just wait for what is going to happen.
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rektDude
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March 10, 2016, 11:07:11 PM |
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The price is indeed now stable and that is much better than it will go down. So that is good. But now we must wait to that it will rise. But we dont know when it will start and that is the problem. We need some patience, and just wait for what is going to happen.
Well we all want a stable bitcoin price. And right now the price is far from stable i think. Some very interesting things are about to happen. Either China's money or a big sell out.
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watashi-kokoto
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March 10, 2016, 11:10:41 PM |
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Don't worry I feel the price will be stable for some month or so.
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bitlancr
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March 11, 2016, 09:23:47 AM |
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It is stable and that is much better than it will be going down. So that is quite good now we must wait for a price increase. And that will of course come. And that will be very good. Than we can sell it with a good profit and have some more money later.
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LMGTFY
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March 11, 2016, 09:53:03 AM |
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The price is indeed now stable and that is much better than it will go down. So that is good. But now we must wait to that it will rise. But we dont know when it will start and that is the problem. We need some patience, and just wait for what is going to happen.
Well we all want a stable bitcoin price. And right now the price is far from stable i think. Some very interesting things are about to happen. Either China's money or a big sell out. Do we all want a stable price? The price looks pretty "stable" to me: if I had to guess, based on what the market's done, I'd say that it was stable in October, volatility increased dramatically in November, and has been declining since then with a few increases in early/mid January and then again in early/mid February.Fortunately, I don't need to trust my guesstimate (or anyone else's). There's a standard, widely accepted, definition of volatility, and there's even a website that measures and displays BTC/USD volatility (and even compares it with other currency pairs, like USD/EUR). (And it looks like my back-of-an-envelope analysis was slightly wrong - volatility actually fell in early/mid February. Thank goodness I don't need to rely on my own - or anyone else's - guesswork).
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1Referee
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March 11, 2016, 10:05:33 AM |
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The price is indeed now stable and that is much better than it will go down. So that is good. But now we must wait to that it will rise. But we dont know when it will start and that is the problem. We need some patience, and just wait for what is going to happen.
Well we all want a stable bitcoin price. And right now the price is far from stable i think. Some very interesting things are about to happen. Either China's money or a big sell out. Do we all want a stable price? The price looks pretty "stable" to me: if I had to guess, based on what the market's done, I'd say that it was stable in October, volatility increased dramatically in November, and has been declining since then with a few increases in early/mid January and then again in early/mid February.Fortunately, I don't need to trust my guesstimate (or anyone else's). There's a standard, widely accepted, definition of volatility, and there's even a website that measures and displays BTC/USD volatility (and even compares it with other currency pairs, like USD/EUR). (And it looks like my back-of-an-envelope analysis was slightly wrong - volatility actually fell in early/mid February. Thank goodness I don't need to rely on my own - or anyone else's - guesswork). I think that dude means total stability. I personally like the way the price is moving since its very first exchange listing as it makes me great profits year on year. Don't want to see that change, but I am sure it won't change. If you look at the overal price the last months, then the price remained fairly stable around the $400 level if you ignore the dumps to sub $400 and the peaks to +$440.
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LMGTFY
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March 11, 2016, 10:33:18 AM |
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I think that dude means total stability. I personally like the way the price is moving since its very first exchange listing as it makes me great profits year on year. Don't want to see that change, but I am sure it won't change. If you look at the overal price the last months, then the price remained fairly stable around the $400 level if you ignore the dumps to sub $400 and the peaks to +$440. I don't think we all want total stability, either - even leaving aside the sheer impossibility of it! CNY was "stable" for many years (pegged to USD) and we're seeing now where that leads (sucks to hold CNY; USD and BTC - not so much). Fortunately Bitcoin has no Peoples Bank of China, so volatility - even if low - is likely here to stay, same as nearly every other currency.
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Amph
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March 11, 2016, 11:20:29 AM |
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The price is indeed now stable and that is much better than it will go down. So that is good. But now we must wait to that it will rise. But we dont know when it will start and that is the problem. We need some patience, and just wait for what is going to happen.
Well we all want a stable bitcoin price. And right now the price is far from stable i think. Some very interesting things are about to happen. Either China's money or a big sell out. Do we all want a stable price? The price looks pretty "stable" to me: if I had to guess, based on what the market's done, I'd say that it was stable in October, volatility increased dramatically in November, and has been declining since then with a few increases in early/mid January and then again in early/mid February.Fortunately, I don't need to trust my guesstimate (or anyone else's). There's a standard, widely accepted, definition of volatility, and there's even a website that measures and displays BTC/USD volatility (and even compares it with other currency pairs, like USD/EUR). (And it looks like my back-of-an-envelope analysis was slightly wrong - volatility actually fell in early/mid February. Thank goodness I don't need to rely on my own - or anyone else's - guesswork). I think that dude means total stability. I personally like the way the price is moving since its very first exchange listing as it makes me great profits year on year. Don't want to see that change, but I am sure it won't change. If you look at the overal price the last months, then the price remained fairly stable around the $400 level if you ignore the dumps to sub $400 and the peaks to +$440. total stability it's an utopia, it does not exist, not even gold with 7T marketcap has it, no fiat either, there is always a spread and a correction in value even if the coin is not based on supply and demand, there is inflation and deflation that play a big role
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LMGTFY
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March 11, 2016, 11:59:48 AM |
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total stability it's an utopia, it does not exist, not even gold with 7T marketcap has it, no fiat either, there is always a spread and a correction in value even if the coin is not based on supply and demand, there is inflation and deflation that play a big role
Absolutely. BTC/USD volatility [1.91%] is around 2/3x USD/EUR volatility [0.7%] (and not that far off USD/XAU [1.1%]). We either accept a freely floating currency (and the volatility that that implies) or we find some magic way to peg BTC to another currency and accept that we're now dependent on one central bank (and even then it's going to be volatile against other currencies floating against the currency BTC is pegged to). How quickly we forget that major currencies experience volatility! George Soros made over a $1 billion betting on GBP volatility.
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Nextgen
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March 11, 2016, 12:09:12 PM |
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But seeing a difference of 200% in one year is not what anybody could like unless they themselves are responsible for that or are making enough money from it.For btc to be more and more stable its market capital should be in Trillions which would make it impossible for one or two people to move it how they want.
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LMGTFY
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March 11, 2016, 12:11:45 PM |
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But seeing a difference of 200% in one year is not what anybody could like unless they themselves are responsible for that or are making enough money from it.For btc to be more and more stable its market capital should be in Trillions which would make it impossible for one or two people to move it how they want.
You're suggesting that BTC should be more like GBP, and hence impossible for the next George Soros to move it how they want?
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fravia
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March 11, 2016, 01:18:36 PM |
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Don't worry I feel the price will be stable for some month or so.
why do you feel that? is this just a wild guess or you just trying to guess it wildly? im not sure about it the price is stable now but it can be sold down to something like 400 dollars per bitcoin as there is no high buying interest right now and the price is going up really slowly
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Dux2K
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March 11, 2016, 03:23:00 PM |
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I think that price is stable and i also think that price will jump at least for 100 or 200$
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iv4n
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March 11, 2016, 05:19:10 PM |
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The current rise in bitcoin’s price is more stable than its previous price changes, in my opinion this little up`s and downs are just normal thing with bitcoin just cause btc is still young and vulnerable. How time passes we see bitcoin more stronger and stable. Bitcoin will have to fight many more battles before come to the throne.
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davinchi
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March 11, 2016, 05:22:37 PM |
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I think that price is stable and i also think that price will jump at least for 100 or 200$
We can expect price jump here, but $100 or $200 is not practically possible right now. Maybe in long term we can see big jumps. Moreover prices are more sustaining and stable right away so, only some small leap may possible in coming days.
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maokoto
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March 11, 2016, 05:43:38 PM |
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I like the stable price now, it allows for some earning buying and selling at small ups and downs, and gives more peace of mind lol
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