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Author Topic: BTC price pretty much flat for the past few weeks. Permanent?  (Read 2298 times)
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August 24, 2016, 09:41:26 AM
 #41

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 am seeing this as a silence before storm, price may go upwards or downwards but i think probability of rise in price is high. So better to accumulate at this price range.

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August 24, 2016, 10:04:26 AM
 #42

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.

What alts are you talking about? Other than monero they look pretty dead to me right now. 2014 was a great year for alts.

maybe you have to check out coinmarketcap sometime Cheesy
every year there are at least 2 altcoins that are being pumped from zero to the moon, and this year it was the scam called ethereum which was pumped to 0.034BTC and just two days ago morero was pumped 130%

what else do you want Wink

Yes but mostly these alts will get dumped as fast they got pumped.
Also Bitcoin made a 75% gains this year already until it corrected.
When we take the last 12 months it gained an incredible 270% before the correction.And we are still up 185% now.
So within a year Bitcoin also still has the potential to rise massively!! Nothing has changed to the early years.
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August 24, 2016, 10:17:34 AM
 #43

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.

May be you are right, but i have different thinking from you, because i think after one month bitcoin would be started to grow up. And after block halving everyone know that bitcoin price would be down, and also Bitfinex has doing a part to downing the price of bitcoins. Thats why bitcoin is down now but don't worry it will grow very soon.
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August 24, 2016, 04:40:05 PM
 #44

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

I think it is better for bitcoins to remain stable at the current price near 600$.  This will give more trust to the investors in bitcoin and more people will be attractive towards it.
If the price remains stable and does not fall back,after sometime the price will automatically boost.

yes but i think it's better if bitcoin increase so miners can earn more and diff increase, this mean that network will be more secure, if we can increase slowly is better than being stable

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August 24, 2016, 09:47:24 PM
 #45

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?
Yes BTC price pretty much flat and stable not big movement.I really think pump and dump really bad for bitcoin in this way some people are winner and most of the people are looser.we do not want to see bitcoin 2013 situation.We wish no one can show their finger to bitcoin as ponzi.
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August 24, 2016, 11:36:19 PM
 #46

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.

What alts are you talking about? Other than monero they look pretty dead to me right now. 2014 was a great year for alts.

maybe you have to check out coinmarketcap sometime Cheesy
every year there are at least 2 altcoins that are being pumped from zero to the moon, and this year it was the scam called ethereum which was pumped to 0.034BTC and just two days ago morero was pumped 130%

what else do you want Wink
A hell of a lot more than 2 coins pumping in 8 months (ok, there was Factom and Steem pumps too). Back in 2014 you had 2 coins going 10x+ every week, and those were the small ones. The alt scene is better than 2015, but that ain't saying much.
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August 25, 2016, 02:40:09 AM
 #47

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?
Yes BTC price pretty much flat and stable not big movement.I really think pump and dump really bad for bitcoin in this way some people are winner and most of the people are looser.we do not want to see bitcoin 2013 situation.We wish no one can show their finger to bitcoin as ponzi.

yes it is bad but it can still happen too.
every pump needs an stable phase before it so that you can buy more bitcoin to have more in the pump to earn the most profit out of the rise.


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August 25, 2016, 02:46:19 AM
 #48

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?
Yes BTC price pretty much flat and stable not big movement.I really think pump and dump really bad for bitcoin in this way some people are winner and most of the people are looser.we do not want to see bitcoin 2013 situation.We wish no one can show their finger to bitcoin as ponzi.

yes it is bad but it can still happen too.
every pump needs an stable phase before it so that you can buy more bitcoin to have more in the pump to earn the most profit out of the rise.
Not quite sure if it's possible though. One does not simply pump the price of bitcoin (directly at least).

Unless you're a billionaire of course.
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August 25, 2016, 08:23:15 AM
 #49

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 am seeing this as a silence before storm, price may go upwards or downwards but i think probability of rise in price is high. So better to accumulate at this price range.


I agree with that. After two to three weeks of consolidation, the bitcoin price will reach the $650 again.

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August 25, 2016, 08:33:43 AM
 #50

Highly unlikely that there is something permanent with bitcoin price. Are we waiting for some big storm after this quiet weeks, and will we go up after storm or not is a big question. I'm watching price movement in couple last years, and almost every summer have downfall trend, and after summer there is rise and that rise last almost all winter until the beginning of the spring.
I said month ago that price below 600 is a good price for buying, and I still think the same. Bitcoin will go up, it's just a question of time.



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August 25, 2016, 08:57:08 AM
 #51

I said month ago that price below 600 is a good price for buying, and I still think the same. Bitcoin will go up, it's just a question of time.

Right now is a decent moment to buy yourself some coins, but you know what the thing with people is? They say "When the price goes below $600 I'll start buying Bitcoin directly". And when the price happens to drop to below that price level as it is right now, then people keep waiting without doing anything, lol. That happens all the time. Even when the price was below $300 last year. These are the kind of people always missing great buying opportunities. Moaners is what I call them.
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August 25, 2016, 11:13:35 AM
 #52

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

I think it is better for bitcoins to remain stable at the current price near 600$.  This will give more trust to the investors in bitcoin and more people will be attractive towards it.
If the price remains stable and does not fall back,after sometime the price will automatically boost.

yes but i think it's better if bitcoin increase so miners can earn more and diff increase, this mean that network will be more secure, if we can increase slowly is better than being stable
I think so, better have increase time after time than being stable. Even if the price decrease again during all the process that must be passed, bitcoin will rise with respect to the advantages offered. I think bitcoin price will increase by the end of the year, about $600 will be good.
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August 25, 2016, 11:55:42 AM
 #53

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?
Yes BTC price pretty much flat and stable not big movement.I really think pump and dump really bad for bitcoin in this way some people are winner and most of the people are looser.we do not want to see bitcoin 2013 situation.We wish no one can show their finger to bitcoin as ponzi.
what makes people thinking that bitcoin is ponzi just because of price fluctuation,it doesn't make sense to be honest,but this stability of the price seems  good for me who wanna spent to buy stuff online with bitcoin,sometime if you just paid some stuff online and suddenly price increasing,it's such a pain in my ass,and there's still a regret,so this price stability definitely not a problem

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August 25, 2016, 12:40:54 PM
 #54

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?
Yes BTC price pretty much flat and stable not big movement.I really think pump and dump really bad for bitcoin in this way some people are winner and most of the people are looser.we do not want to see bitcoin 2013 situation.We wish no one can show their finger to bitcoin as ponzi.
what makes people thinking that bitcoin is ponzi just because of price fluctuation,it doesn't make sense to be honest,but this stability of the price seems  good for me who wanna spent to buy stuff online with bitcoin,sometime if you just paid some stuff online and suddenly price increasing,it's such a pain in my ass,and there's still a regret,so this price stability definitely not a problem

i cannot believe that i am seeing someone in the year 2016 calling bitcoin ponzi, it is so funny and stupid now.

the ponzi calling wave is so 2009 and for the time that nobody knew what bitcoin was and there wasn't really any application for it either.

these days with all the big and small businesses accepting bitcoin you have to be a real idiot to think bitcoin is ponzi Cheesy

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August 25, 2016, 12:47:36 PM
 #55

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?
Yes BTC price pretty much flat and stable not big movement.I really think pump and dump really bad for bitcoin in this way some people are winner and most of the people are looser.we do not want to see bitcoin 2013 situation.We wish no one can show their finger to bitcoin as ponzi.
what makes people thinking that bitcoin is ponzi just because of price fluctuation,it doesn't make sense to be honest,but this stability of the price seems  good for me who wanna spent to buy stuff online with bitcoin,sometime if you just paid some stuff online and suddenly price increasing,it's such a pain in my ass,and there's still a regret,so this price stability definitely not a problem

i cannot believe that i am seeing someone in the year 2016 calling bitcoin ponzi, it is so funny and stupid now.

the ponzi calling wave is so 2009 and for the time that nobody knew what bitcoin was and there wasn't really any application for it either.

these days with all the big and small businesses accepting bitcoin you have to be a real idiot to think bitcoin is ponzi Cheesy

Ahah, it's something of a statement that is true to respond that he was talking about. Bitcoin is not something a ponzi or hyip. Bitcoin is a currency, but also the investment that bitcoin is profitable. Bitcoin system may be similar to a ponzi, but detrimental and not mess up bitcoin as ponzi
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