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Author Topic: Bitcoin price stuck ?  (Read 3848 times)
Barbut
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September 20, 2016, 07:57:52 AM
 #41

We can say price is stable. This is what I call stable price, I remember there was days where difference between high and low was more then 20 dollars.
TODAY'S OPEN $608.53
TODAY'S HIGH $608.72
TODAY'S LOW  $606.31
This is a good thing for bitcoin economy, from time to time bitcoin need to show its stable and strong, that will attract more people to invest in it, and people will have more trust to put their money in this new currency.

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September 20, 2016, 08:01:02 AM
 #42

this is the first time i see someone complaining about the price being stable and complaining about it this soon.

usually people start complaining after a month of stable price with little movement not after 10 days!

and this is all normal and good for bitcoin to reach a more stable price and stop being so volatile so that we can start thinking about it as a currency that we can use to buy stuff instead of just hodling it.














 

 

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September 20, 2016, 08:12:55 AM
 #43

I don't think Satoshi has left a message saying something like, "Bitcoin will move continuously up and down so if it doesn't do that, something might be wrong." In a market, if there's no significant, then the amount of money people putting in and getting out are almost the same. The reason why would there be an inflation in the first place would be because somebody has put a lot money in the market and the reason why would there be a deflation is the opposite.

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September 20, 2016, 08:34:44 AM
 #44

I don't think Satoshi has left a message saying something like, "Bitcoin will move continuously up and down so if it doesn't do that, something might be wrong." In a market, if there's no significant, then the amount of money people putting in and getting out are almost the same. The reason why would there be an inflation in the first place would be because somebody has put a lot money in the market and the reason why would there be a deflation is the opposite.


In the word  market price  which means theres a relation between buyers and sellers and   we should expect theres a movement. As you said  satoshi didnt even left a message  that it would  go up or down. It  always depends  on people  who bought and  who sell. Inflation and deflation is a normal thing on bitcoin, as we saw on the stable price maybe theres no people who bought and who sell.



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September 20, 2016, 10:23:03 AM
 #45

We can say price is stable. This is what I call stable price, I remember there was days where difference between high and low was more then 20 dollars.
TODAY'S OPEN $608.53
TODAY'S HIGH $608.72
TODAY'S LOW  $606.31
This is a good thing for bitcoin economy, from time to time bitcoin need to show its stable and strong, that will attract more people to invest in it, and people will have more trust to put their money in this new currency.

We need more time to call it stable. It is just a few weeks that the price is dangling around this mark. If we see this for at least 1 month more it will show we have find a steady and stable price. But knowing bitcoin, this may be very hard to say the least.

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September 20, 2016, 10:31:18 AM
 #46

We can say price is stable. This is what I call stable price, I remember there was days where difference between high and low was more then 20 dollars.
TODAY'S OPEN $608.53
TODAY'S HIGH $608.72
TODAY'S LOW  $606.31
This is a good thing for bitcoin economy, from time to time bitcoin need to show its stable and strong, that will attract more people to invest in it, and people will have more trust to put their money in this new currency.

We need more time to call it stable. It is just a few weeks that the price is dangling around this mark. If we see this for at least 1 month more it will show we have find a steady and stable price. But knowing bitcoin, this may be very hard to say the least.

I agree with you, we cannot say that the price is stable right atm. If it stays this way for more 2 weeks we can say that but not for now. The price will rise soon enough...
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September 20, 2016, 10:53:46 AM
 #47

Bitcoin price has come in a moment where for more than 2 weeks now is sitting in the area of 610 USD +- 10 USD most of the time. Why has the price stopped moving up or down ? Bitcoin is well known for its instability and being very unstable but now things for me are starting to look different. I was reading bitcoin related news in clear and also deep web but could not find anything that can make the price of Bitcoin go up or down.

Any ideas why the price is stuck for more than 2 weeks now ?
Price of the bitcoin is always stuck around the 600 dollar dont know why you all think that is going to change that wont change because the bitcoin is not getting better if you think that would happen.
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September 20, 2016, 11:29:42 AM
 #48

We can say price is stable. This is what I call stable price, I remember there was days where difference between high and low was more then 20 dollars.
TODAY'S OPEN $608.53
TODAY'S HIGH $608.72
TODAY'S LOW  $606.31
This is a good thing for bitcoin economy, from time to time bitcoin need to show its stable and strong, that will attract more people to invest in it, and people will have more trust to put their money in this new currency.
this price stability is temporary,when none of any organization backup bitcoin then the permanent stability of the price seems just a dream,even a currency that being backing up by government such as dollar could fall and rise in short term of time,so you'll see again the day when the difference between today's low and today's high is really far



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numismatist
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September 20, 2016, 12:09:11 PM
 #49

We can say price is stable. This is what I call stable price, I remember there was days where difference between high and low was more then 20 dollars.
TODAY'S OPEN $608.53
TODAY'S HIGH $608.72
TODAY'S LOW  $606.31
This is a good thing for bitcoin economy, from time to time bitcoin need to show its stable and strong, that will attract more people to invest in it, and people will have more trust to put their money in this new currency.
We need more time to call it stable. It is just a few weeks that the price is dangling around this mark. If we see this for at least 1 month more it will show we have find a steady and stable price. But knowing bitcoin, this may be very hard to say the least.

Almost unpredictable, however stable usually goes upwards, while spikes tend to flatten down again.

BitcoinHodler
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September 20, 2016, 12:46:52 PM
 #50

We can say price is stable. This is what I call stable price, I remember there was days where difference between high and low was more then 20 dollars.
TODAY'S OPEN $608.53
TODAY'S HIGH $608.72
TODAY'S LOW  $606.31
This is a good thing for bitcoin economy, from time to time bitcoin need to show its stable and strong, that will attract more people to invest in it, and people will have more trust to put their money in this new currency.
We need more time to call it stable. It is just a few weeks that the price is dangling around this mark. If we see this for at least 1 month more it will show we have find a steady and stable price. But knowing bitcoin, this may be very hard to say the least.

Almost unpredictable, however stable usually goes upwards, while spikes tend to flatten down again.

Spikes doesn't have to be a bad thing. Sometimes it means that there were a big potential that needed to be released. For example in times when the price is kept low artificially and by manipulation dumping then when it stops the price goes up so fast.

And then the fall back is only small, not to the previous point but instead to a higher price.














 

 

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September 20, 2016, 01:03:39 PM
 #51

Calm price movement always happen and I guess it would stuck again for how many weeks. Well, atleast we're sitting with a price that start in #6 not 5. Who knows, it would go up again after a calm.
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September 20, 2016, 01:06:43 PM
 #52

Calm price movement always happen and I guess it would stuck again for how many weeks. Well, atleast we're sitting with a price that start in #6 not 5. Who knows, it would go up again after a calm.

this stability is fantastic. i have sent someone like $100 in btc nearly 2 days ago, and the value of that transaction is still the same. this is what will help to get the average joe on board. they want stability, now here is a taste of how things can be in the far future.
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September 20, 2016, 01:29:23 PM
 #53

Calm price movement always happen and I guess it would stuck again for how many weeks. Well, atleast we're sitting with a price that start in #6 not 5. Who knows, it would go up again after a calm.

this stability is fantastic. i have sent someone like $100 in btc nearly 2 days ago, and the value of that transaction is still the same. this is what will help to get the average joe on board. they want stability, now here is a taste of how things can be in the far future.

i am glad that i am not the only one who thinks this way when sees topics like this.

i have always been saying that price needs to be stable if we want to see mass adoption. nobody would ever start spending bitcoin with his mind at ease as long as price has a chance of going up.

and also nobody will ever buy bitcoin as long as there is a chance of going the other way, down.

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September 20, 2016, 03:36:39 PM
 #54

I think it is good if the price is stuck and does not decrease. when I look at the graph of bitcoin, it will increase in the next few weeks, perhaps more precisely between october and november.

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September 20, 2016, 04:09:30 PM
 #55

I think it is good if the price is stuck and does not decrease. when I look at the graph of bitcoin, it will increase in the next few weeks, perhaps more precisely between october and november.
In many markets there's enough data and analysis that you have a pretty good idea how people have historically reacted to price changes. So although it's ultimately down to human behaviour, it's not necessarily completely unknowable.
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September 20, 2016, 04:13:53 PM
 #56

I think it is good if the price is stuck and does not decrease. when I look at the graph of bitcoin, it will increase in the next few weeks, perhaps more precisely between october and november.

Obviously It shows some stability in price chart of the bitcoin. As you mentioned even I am sure that price will be increase on the coming November to January due to Christmas holidays. I think most of the people will utilise that time sell it out.
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September 20, 2016, 04:39:32 PM
 #57

I think it is good if the price is stuck and does not decrease. when I look at the graph of bitcoin, it will increase in the next few weeks, perhaps more precisely between october and november.

Obviously It shows some stability in price chart of the bitcoin. As you mentioned even I am sure that price will be increase on the coming November to January due to Christmas holidays. I think most of the people will utilise that time sell it out.

I try to take this kind of advantage since bitcoin value quite stable at the moment.
Last week I can made 0.05 profit , thanks for that. By the way it's not too late to buy and keep hold bitcoin since it definitely will increase higher than today on the future

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dothebeats
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September 20, 2016, 04:56:18 PM
 #58

Stuck? Well we've been on the time of stagnation for like a couple of months on 2015. It's fun to think that we are again at a point wherein traders are waiting for who will do what next, and for me I think that is kinda crazy yet exciting because we are yet to see what would be the market reaction after traders pulled the trigger. It might go up or go down, but for me personally, if the price is still stable, it's better to just buy anything you can with your bitcoins as long as it lasts.

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September 20, 2016, 05:02:37 PM
 #59

I think it is good if the price is stuck and does not decrease. when I look at the graph of bitcoin, it will increase in the next few weeks, perhaps more precisely between october and november.

yeah but it's always better if is stuck and increase slowly not with a stupid pump and dump, but if it remain stuck there forever, many might lose interest in bitcoin, because an increase or decrease draw attention of the media, which is good
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September 20, 2016, 05:48:20 PM
 #60

honest to this day I am still confused when they hear people say that the price stuck that never happened on bitcoin, the price always moves either up or down even though only $ 0.01

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