Woshib (OP)
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August 30, 2016, 07:01:03 PM |
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I am really interested why the price of Bitcoin is too stable now, probably no investors to buy Bitcoins? Or peoples don't trust Bitcoin now? Probably just a small stable period?
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Yakamoto
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August 30, 2016, 07:06:05 PM |
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I am really interested why the price of Bitcoin is too stable now, probably no investors to buy Bitcoins? Or peoples don't trust Bitcoin now? Probably just a small stable period?
There have been stable periods like this in the past, and it's more than likely staying fairly stagnant because there are very few investors interested in buying enough to start a bull run while there are also not enough people willing to sell right now for it to be worth it. Since the value is plummeting chances are people still trust it, just people with a lot of money to throw at it aren't doing so right now.
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gentlemand
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Welt Am Draht
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August 30, 2016, 07:06:29 PM |
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Doing nothing is what Bitcoin does much of the time. Its second favourite thing to do is fall. Rising comes a distant third.
No one's interested in buying. No one's particularly interested in selling. The traders have probably gone to altcoins on Poloniex where there's some real action. They're the ones who drive the price.
And it's easy to forget how many traders might have been burnt by Bitfinex. That was the number one USD exchange. Some might have buggered off completely. Similarly who's to know how many enthusiasts were lost with the death of Gox? I'm sure it was a large percentage.
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blackcod
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August 31, 2016, 02:14:44 AM |
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I like btc when its doing nothing. Nice and calm.
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Junko
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August 31, 2016, 02:35:51 AM |
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I remember relatively recently the price hodling steady around $220 for what seemed a very long period. Then it hung around $320 for a while before making the last run up to $700.
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Schuyler
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August 31, 2016, 02:38:29 AM |
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We can't expect the price to move too much too often. There will be plummets, surges, and sideway movements along the way. A lot of factor affect the way the price behaves, primarily the supply and demand. It seems to me that a lot are in waiting mode and just going with what the flow of the market gives them.
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pooya87
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August 31, 2016, 03:42:07 AM |
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I am really interested why the price of Bitcoin is too stable now, probably no investors to buy Bitcoins? Or peoples don't trust Bitcoin now? Probably just a small stable period?
stable price means there is a balance between supply and demand not what you said. if nobody buys bitcoin (no investors) it means the price should go down to 0 but when there is the same amount of buy (demand) as there is sells (supply) the price stays stable until this balance is broken in one way or another.
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TraderETH
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August 31, 2016, 04:13:12 AM |
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I am really interested why the price of Bitcoin is too stable now, probably no investors to buy Bitcoins? Or peoples don't trust Bitcoin now? Probably just a small stable period?
Bitcoin's price become stable because of buyers and sellers are balance, but i think it is just for short time because usualy after halving block happening, bitcoin's price was went down, we can saw last halving block. But it is just my prediction.
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noormcs5
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August 31, 2016, 04:16:31 AM |
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I am really interested why the price of Bitcoin is too stable now, probably no investors to buy Bitcoins? Or peoples don't trust Bitcoin now? Probably just a small stable period?
First thing, people trust on bitcoin, it is no reason to stable the price of bitcoin, otherwise now bitcoin stable because it is few period of time it will be remain, but after some days bitcoin price have been changed and than it will continue rise.
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Yakamoto
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August 31, 2016, 04:34:26 AM |
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I am really interested why the price of Bitcoin is too stable now, probably no investors to buy Bitcoins? Or peoples don't trust Bitcoin now? Probably just a small stable period?
First thing, people trust on bitcoin, it is no reason to stable the price of bitcoin, otherwise now bitcoin stable because it is few period of time it will be remain, but after some days bitcoin price have been changed and than it will continue rise. I personally think that a lot of the traders are back and interested in the market again, and right now the buy/sell orders are basically balancing each other out and no-one is interested in throwing a ton more money at the thing. The market is probably waiting, holding its breath, holding out until some news finally breaks the stagnation.
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Herbert2020
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August 31, 2016, 05:20:43 AM |
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I am really interested why the price of Bitcoin is too stable now, probably no investors to buy Bitcoins? Or peoples don't trust Bitcoin now? Probably just a small stable period?
to answer that you should look at the trade volume and also you should take a look at the transaction volume (number of transactions each day or in each block) you can clearly see that bitcoin is alive, hot and kicking. the only reason why bitcoin price is stable is just the same as before is because it is a phase in bitcoin again just as before when traders accumulate more and more at a fixed price before the rise happens.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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dearbesz1219
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August 31, 2016, 05:21:02 AM |
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I am really interested why the price of Bitcoin is too stable now, probably no investors to buy Bitcoins? Or peoples don't trust Bitcoin now? Probably just a small stable period?
Maybe because more people became aware about the advantage and benefits that bitcoin has now. Though only few investor are investing buying bitcoin. But most likely, the community are investing in different altcoins were the project is interesting then they trade it to grow their coins, then sell it to convert it into bitcoins.
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goinmerry
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August 31, 2016, 05:31:55 AM |
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I am really interested why the price of Bitcoin is too stable now, probably no investors to buy Bitcoins? Or peoples don't trust Bitcoin now? Probably just a small stable period?
This happens. It calms down for a month or two sometimes 3 months then it moves with very large fluctuations after that. Stay calm for now just like bitcoin. If you are investing like a 100 bitcoin or more every dollar movement is a big one.
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JeffBrad12
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August 31, 2016, 05:47:57 AM |
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I am really interested why the price of Bitcoin is too stable now, probably no investors to buy Bitcoins? Or peoples don't trust Bitcoin now? Probably just a small stable period?
The traders is moving into altcoins because traders will things bitcoin is not giving a potential in this time because the demand and supply are decreasing and I think this situation will always happen untile any things can make a big effect for bitcoin and you can see the volume of trading bitcoin is down.
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dearbesz1219
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August 31, 2016, 05:48:52 AM |
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I am really interested why the price of Bitcoin is too stable now, probably no investors to buy Bitcoins? Or peoples don't trust Bitcoin now? Probably just a small stable period?
This is just proven that Bitcoin nowadays is really getting stronger. Because the community is pushing it more to become more stronger including big time investor. Though majority of the people outside this community is don't trust bitcoin now,its just only for now but I do believe one day it will be change all of a sudden. And it will be increase more the price later.
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Kakmakr
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August 31, 2016, 05:50:30 AM |
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The merchants just loves this, because they do not need to play the volatility game. At this moment there have not been a significant event pushing the price up or down, and we need some stability to show the world that it can be used as a currency, as it's distribution becomes more stable. ^smile^
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dearbesz1219
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August 31, 2016, 05:54:13 AM |
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I am really interested why the price of Bitcoin is too stable now, probably no investors to buy Bitcoins? Or peoples don't trust Bitcoin now? Probably just a small stable period?
Bitcoin's price become stable because of buyers and sellers are balance, but i think it is just for short time because usualy after halving block happening, bitcoin's price was went down, we can saw last halving block. But it is just my prediction. It also became stable, I think its because of the bitcoin community who did trading everyday all around the world. So traders's in different exchange platform are one of the reason why is this happening. due to without their doing trading a habit in their daily lives it will not be stable like this.
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Indrawan77
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August 31, 2016, 05:57:16 AM |
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Bitcoin price is based on the transaction usage its mean its depend on the supply and demand, maybe the supply and demand is in equivalent point, so the price is stable, after that there are no big news or bad news about bitcoin so there is no panic buy or people buying bitcoin in bulk, maybe that is some of the reason the price is so stable
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~Bitcoin~
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August 31, 2016, 02:38:24 PM |
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I think Reason is simple this is accumulation phase so whales and big traders are buying bitcoin in small amount daily at this lower price to pump it hard after few week. Better to accumulate right now just like them.
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potatopower
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August 31, 2016, 02:45:10 PM |
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I am really interested why the price of Bitcoin is too stable now, probably no investors to buy Bitcoins? Or peoples don't trust Bitcoin now? Probably just a small stable period?
a lot of people not investing right now to be honest but i think that it will change in the near future as the price should start growing pretty soon
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