BTC price pretty much flat for the past few weeks. Permanent?

[pandalion98]

Not much has been going on with Bitcoin's price for the past 3 weeks or so now. How stable do you think this price point is?

[avikz]

I won't say it is permanent, it is just strengthening it's base. The last run happened from $450 to $750 and then rested on current price at $580 level. Before the next run, it will take some more time to stabilized at the current price.

I see no reason to worry for them who have invested in bitcoin for long term. Bitcoin price is not going to be permanent at this level, it will certainly increase.

[TraderETH]

Not much has been going on with Bitcoin's price for the past 3 weeks or so now. How stable do you think this price point is?

I think it is stable for next 3 weeks and in my prediction after it, the bitcoin's price will going down because if we looked at last halving block on November bitcoin's price has be chrashed. But it is just my analysis tecnical and my opinions.

[HabBear]

It's been up and down all year long. Hard to predict the future but just put the price into the context of your plans - quick buy and sell play? Or long term hold? Look at the price within the context of the last year, if it's at the lower end it could be the right time to buy.

[SANALIU]

bitcoin price not stable payment
if you trade in market placed huobi or btc-e, everyday is wave price bitcoin up and down
maybe is severel week wave price only few rank only 1 - 5 dollar

[Divinespark]

The overhang of miners hoarding BTC in anticipation of the halving is playing itself out. Expect the price to move again in a few weeks. I am expecting a $750-1000 range by year-end

[1Referee]

Why would you expect something to happen? Especially since there is nothing interesting comming up. Even not the latest 0.13.0 core client. The price is exactly behaving how it should after the hack of Bitfinex. Have patience. Bitcoin is no longer the roller coaster is once was.

[1Referee]

Why would you expect something to happen? Especially since there is nothing interesting comming up. Even not the latest 0.13.0 core client. The price is exactly behaving how it should after the hack of Bitfinex. Have patience. Bitcoin is no longer the roller coaster is once was.

if you look at the chart u see that the times where btc is jumping into sky .. are march and oktober/november
those are the times where people have the most cash to invest.

because people start having cash again after holidays at the beach,
if you watch the news on tv or something u get that people are more and more interessted in buying btc.

i think this year it will jump minimum to the 1000$ again.. my only problem is that i havent enough cash for buy a nice amount -.-

If you are referring to last October and November, then you are wrong with your statement. The reason for the price to shoot up had diffirent reasons. Back then it was the MMM ponzi in China making people go nuts on Bitcoin for a short time. Also, I have never seen on TV that people are more interested in Bitcoin, and thus start buying it as result. And believe me, I keep an eye on nearly all the major media news channels.

That being said, you don't have to force yourself to first have a decent amount of fiat in order to buy yourself some coins. Just buy with whatever amount you can spend freely. When you buy small amounts from time to time, then eventually it will add up and form a nice number.

[gentlemand]

Bitcoin is no longer the roller coaster is once was.

What I find strange is how the entire roller coaster has transferred wholesale to alts. It's not as if Bitcoin now has global adoption and lords over everything. It has more than the alts but it's still in the same boat and effectively nowhere. In the eyes of the rest of the world it's just as penny stockish as anything else yet doesn't have the corresponding action.

[kehtolo]

Bitcoin is no longer the roller coaster is once was.

What I find strange is how the entire roller coaster has transferred wholesale to alts. It's not as if Bitcoin now has global adoption and lords over everything. It has more than the alts but it's still in the same boat and effectively nowhere. In the eyes of the rest of the world it's just as penny stockish as anything else yet doesn't have the corresponding action.

Disagree. It is the only crypto worth having. Everything else is measured against it.
Why do peole even play alts? To increase their BTC.
First mover advantage, network effect.
It sits at the very centre of the crypto currency world and everything else revolves around it.
It is THE medium of account in crypto.

In the eyes of the rest of the world...nothing. Not important.. I don't care about their eyes or where they are looking. It's totally unimportant.
Effectivley nowhere.. well it has come an incredibly long way already.. but i 'll give you that one. It is effectively nowhere.. but it is best positioned to benifit, esp. when compared to other alts. Capital will flow into it. Guaranteed. I'm not even going to try and predict how much etc. but it is a certainty to happen.

Once the intransigence with blocksize is taken care of.. we'll see correspondig action.

[randy8777]

Not much has been going on with Bitcoin's price for the past 3 weeks or so now. How stable do you think this price point is?

i think it's normal after what he have been through. actually, i quite like the current "stability" as it will have a positive impact on people not coming into bitcoin because of the volatility. it might pull the trigger for them if this continues for a longer period. but of course, it won't last very long. at some point the market will come back to action again.

[Denker]

Looking good to me.
Right now we are in a bullish triangle and still testing the $582  upper resistence which had been a support level before.
I hope we see another bulish breakout within the next 24 hours.

[BitHodler]

-snip-
Looking good to me.
Right now we are in a bullish triangle and still testing the $582  upper resistence which had been a support level before.
I hope we see another bulish breakout within the next 24 hours.

I don't expect anything to happen this and next week. BTC-E went far over $590 but it had a few large players being either too excited, or they were just playing since they don't have to pay fees right now.

[sniveling]

Why would you expect something to happen? Especially since there is nothing interesting comming up. Even not the latest 0.13.0 core client. The price is exactly behaving how it should after the hack of Bitfinex. Have patience. Bitcoin is no longer the roller coaster is once was.

if you look at the chart u see that the times where btc is jumping into sky .. are march and oktober/november
those are the times where people have the most cash to invest.

because people start having cash again after holidays at the beach,

Most people with children have run out of money by the end of the school holidays. It takes a month or two for them to get some spending money saved up afterwards. Most stocks and shares start to go up in value during October and November when those people can start buying again. Bitcoin is also likely to go up in price in the Autumn for the same reason.

There was a rally in November 2014, and another in November 2015, and there will probably be another in November 2016.

[hendra147]

i think the bitcoin price in bullish mode now not at bearish, the price rising with small percentage each days, so slow pump is the good time to go long term on bitcoin, i think the price of bitcoin will rise to $100 again soon.

maybe today is accumulation phase ?

[BTCLovingDude]

Bitcoin is no longer the roller coaster is once was.

What I find strange is how the entire roller coaster has transferred wholesale to alts. It's not as if Bitcoin now has global adoption and lords over everything. It has more than the alts but it's still in the same boat and effectively nowhere. In the eyes of the rest of the world it's just as penny stockish as anything else yet doesn't have the corresponding action.

it is because of the size of the markets and also the amount of manipulation i each of these markets.

bitcoin has been growing and the bitcoin market is so much bigger now compared to a couple of years ago so it is "harder" to manipulate it and make roller coasters.

but in altcoin market since the altcoins are mostly premined and also small market size, the price is manipulated to the max hence the roller coaster there.

[hasiramasenju]

Not much has been going on with Bitcoin's price for the past 3 weeks or so now. How stable do you think this price point is?

there is no stable price for bitcoin and i think the current situations only stay before jumping down or up someday but i don't know the exact time will happened and for me just keep in my eyes to the chart to see next movement for bitcoin price

[dothebeats]

Permanent? Hell no! Bitcoin, though silent in terms at price at a certain point in time, still is a volatile asset and will remain as one for many more years to come. As for the recent stillness in price, maybe because of the lack of news that might affect holders and the network as a whole. A few weeks more, and surely there would be some movements in the markets due to traders taking their stance on the trading scene of btc.

[crairezx20]

Not much has been going on with Bitcoin's price for the past 3 weeks or so now. How stable do you think this price point is?

there is no stable price for bitcoin and i think the current situations only stay before jumping down or up someday but i don't know the exact time will happened and for me just keep in my eyes to the chart to see next movement for bitcoin price

Yeah right there is not price stable bitcoin is unpredictable anytime the price can be jump in high price or drop the value anytime..
Yeah The best solution always monitor the chart the value of the price so that if the price is increasing above the price in past days better to start to buy..
Or depends what is your margin set..

[Ayers]

what i think is that this is another calm before the storm, we will see a pump pretty soon, unless another shitty exchange is hacked lol, you should not be worried about those stagnation imho