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Author Topic: Why price of Bitcoin too stable?  (Read 7311 times)
bitdumper
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September 06, 2016, 04:51:03 PM
 #61

I belive that bitcoin is going to increase on the comming days.i said it because on some exchange like yobit.net and some other popular exchange that people had placed lots of buy order

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September 06, 2016, 04:56:24 PM
 #62

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?
After another bitcoin growth rate, we were very shocked at the problems and the corresponding fall Bitfinex cryptocurrency. Therefore, the stability of the bitcoin today is very difficult to say.
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September 06, 2016, 05:08:39 PM
 #63

You call it stable price? I think this period might be over now. Three days ago price of BTC was sitting on ~$570 and now we have $607
Almost 40 dollars price uptrend. And it might be more - or as some predict - RSI is too high and market will crumble.
Yeah right more price increase will come i think we seen the price right now is very stable at 605-608 but there still possibility that the price will increase more thise following days or weeks..
Just give patience and dont sell and hold tightly your bitcoins.

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September 06, 2016, 05:12:04 PM
 #64

bitcoin prices fluctuate, so it must be a saturation point and bitcoin prices will stabilize within a period not specified. after there was news bitcoin prices usually increase.

Or a sudden decline of interest of people resulting to selling their holding that will normally affect the price.  If investor get bored of their stuff they normally switch to another profitable investment that interest them, with limited financial fund others tend to sell their holdings even at a lower price just to jump in a new wagon.  This things always happen. I hope not in Bitcoin though.
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September 06, 2016, 05:31:49 PM
 #65

bitcoin prices fluctuate, so it must be a saturation point and bitcoin prices will stabilize within a period not specified. after there was news bitcoin prices usually increase.

Or a sudden decline of interest of people resulting to selling their holding that will normally affect the price.  If investor get bored of their stuff they normally switch to another profitable investment that interest them, with limited financial fund others tend to sell their holdings even at a lower price just to jump in a new wagon.  This things always happen. I hope not in Bitcoin though.

also decline could occur because the hacker news, so everyone panic selling bitcoin, such as the case when bitfinex get hackers and prices eventually fall.
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September 06, 2016, 05:39:56 PM
 #66

bitcoin prices fluctuate, so it must be a saturation point and bitcoin prices will stabilize within a period not specified. after there was news bitcoin prices usually increase.

Or a sudden decline of interest of people resulting to selling their holding that will normally affect the price.  If investor get bored of their stuff they normally switch to another profitable investment that interest them, with limited financial fund others tend to sell their holdings even at a lower price just to jump in a new wagon.  This things always happen. I hope not in Bitcoin though.

also decline could occur because the hacker news, so everyone panic selling bitcoin, such as the case when bitfinex get hackers and prices eventually fall.
Yeah this is what happen too last year so its not new to hear this such hacking exchange site it is just like other exchange site like mtgox and scryptsy before. and now bitfinex.. and i hope it will not continue in the future. .this following year we will not experience the same as right this year.
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September 06, 2016, 05:55:10 PM
 #67

Bitcoin is stable because it has the highest market volume in all the exchanges and its quite popular cryptocurrency of all time and its continiously developing itself
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September 06, 2016, 06:26:16 PM
 #68

i hope the rate is up than before because today the rate is down. the price is stable in above $610 for a week or so and my feeling the rate will be up soon. let we see and hope that will be happen.

meanwhile, while waiting the rate of bitcoin is up, i think its better to play with some altcoin and who knows we can get profit too and make our bitcoin stock in our wallet can get grow too  Grin

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September 06, 2016, 06:56:08 PM
 #69

bitcoin has increased considerably since its creation. we cannot expect it to go very high overnight. stability for smaller period is better than large fluctuations in a short period.bitcoin projected rate in 2018 is very high.
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September 06, 2016, 07:11:44 PM
 #70

bitcoin has increased considerably since its creation. we cannot expect it to go very high overnight. stability for smaller period is better than large fluctuations in a short period.bitcoin projected rate in 2018 is very high.
the high projected rate in 2018 is by whom projected and on what grounds?
if bitcoin doubles or triples the fluctuations will become smaller but it is better to just get used to it.
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September 06, 2016, 09:12:30 PM
 #71

It's not stable, price is always changing, especialy after halving, but i really want to see when bitcoin's price will be stable during long time, for a 5 monthes maybe.

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September 06, 2016, 09:57:04 PM
 #72

I belive that bitcoin is going to increase on the comming days.i said it because on some exchange like yobit.net and some other popular exchange that people had placed lots of buy order
of course it is going to become big in the future, in my opinion the pump is going to continue from 610 dollars now to at least 670 dollars

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September 07, 2016, 01:55:26 AM
 #73

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?

I think the main reason why bitcoin is very stable so far it is because of the big investors who invested into bitcoin. Moreover there are also big community now in bitcoin world who continually use bitcoin in their everyday lives.
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September 07, 2016, 03:52:19 AM
 #74

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^

It just took a month of being steady in the lower price but still I wont say it is that stable. Merchants will see some difficulties with its risks. I wont even like it to be stable.

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September 07, 2016, 03:55:22 AM
 #75

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?

I think the main reason why bitcoin is very stable so far it is because of the big investors who invested into bitcoin. Moreover there are also big community now in bitcoin world who continually use bitcoin in their everyday lives.
That's wrong in my personality because we can see in this time the trader is more interesting for trading on the alt coin more than just trading in bitcoin caused by that the bitcoin is getting their stabilization because a lot of the traders is joining in the alt coins trading and leaving the bitcoin trading for several times.

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September 07, 2016, 04:04:46 AM
 #76

I don't think bitcoin prices are actually "stable".. like yea they stay stable for like a month and then boom. a price drop/rise.

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September 07, 2016, 04:15:24 AM
 #77

When there is no transaction I mean to say that when there is less or same transaction and demand in bitcoin then the price remains stable and after july halving its price is stable since then as the difficulty is increasing day by day.
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September 07, 2016, 04:23:09 AM
Last edit: September 07, 2016, 04:34:11 AM by Hazir
 #78

End of stability period is reality now. We can stop worrying as Bitcoin is now on a rising trend once again.
Market experts say that advancing march has targets at $680 and $720. It is the last chance to buy bitcoin before price will rise to $700+.


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CrimBit
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September 07, 2016, 04:24:28 AM
 #79

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?

i think stable price is very good for merchand, i thnk with stable price at high rate like now can make more investor come, in last year bitcoin price only $300 then today itcoin price stable at $600, it's very interesting to me.
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September 07, 2016, 04:49:16 AM
 #80

I don't think bitcoin prices are actually "stable".. like yea they stay stable for like a month and then boom. a price drop/rise.
that thing always happen , it depends from news and the other things but if bitcoin gone stable for long time , maybe some people not happy too ,  Grin

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