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Author Topic: Bitcoin price stuck ?  (Read 4056 times)
socks435
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September 19, 2016, 05:19:27 PM
 #21

The price right now of bitcoin is not stuck in this level and i think we are just seen slow movement of price because we are just few trader in trading site.. bitcoin is unpredictable sooner the price can be increase again more..

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September 19, 2016, 05:23:23 PM
 #22

it's stuck like it was before, so i see no reason to worry, just be fine that it is not sinking to the ground after what happened with all the hacking and chinese exchange scam

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September 19, 2016, 06:40:34 PM
 #23

The price being stucked simply said that both dumpers and buyers are in waiting stage, the affecting factor would be, a bad news or a good news.  Which ever happen first will certainly dictates the trend of bitcoin price.  And I hope it will be a good news for price incline.  I don't want to see my holding having less value in terms of USD.
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September 19, 2016, 07:59:43 PM
 #24

The price movement is slow actually but i dont think its stuck, we expect that the prices will increase highly in the next few coming weeks.
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September 19, 2016, 09:00:56 PM
 #25

yes  that is a fact that the price of bitcoin stuck again above 600$ just it was stuck at 570 and 580$.but after some time the price of bitcoin start increasing so we are again expecting the same that after some time the price of bitcoin will start raising and this time it will stay above 1000$.
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September 19, 2016, 09:04:12 PM
 #26

Have you tried turning it off and on again?
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September 20, 2016, 12:11:14 AM
 #27

The price of Bitcoin never gets stuck, either the market stops moving for reasons or your exchange tracker broke. The value is always changing, and if one exchange breaks there is always another one lined up to get the volume moving again.
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September 20, 2016, 12:43:17 AM
 #28

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 ?

Actually i'm like it when the price of bitcoin have a stable price, so we don't need to worry about the price of bitcoin going decrease or not. The price is stable more than 2 weeks because, there is nothing happen on bitcoin, like gossip/issue. So it's make the bitcoins price stable
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September 20, 2016, 01:08:59 AM
 #29

It is holding in a tight range right now. I would like to see more movement, but having stability is probably good for those that are worried about volatility.

 
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September 20, 2016, 03:40:23 AM
 #30

The price will fluctuate once we get closer to Christmas time i.e December. There will be more people trying to sell their coins for fiat than those willing to purchase bitcoins.

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September 20, 2016, 04:15:03 AM
 #31

we can observe that the price of bitcoin is really remain stable for most of the time, and i think it is too good and is in favour of bitcoin, the other reason is that we can see that the price of bitcoin gone up about 40 points in previous days so now we can expect a little correction so the price is stuck to one place or just lower down a little.
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September 20, 2016, 04:34:10 AM
 #32

The price isn't stuck, it's just that the market has decided it doesn't want to do anything for a while and it'll likely change sometime in the future. All you have to do is wait for the traders to start getting antsy in one way or another, and they'll start making the value more volatile pretty quickly.
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September 20, 2016, 04:39:33 AM
 #33

The movement (or the lack thereof) is another of bitcoin's traits. It can't be expected to just go up or go down without any apparent reason. Right now, with the price idling at the $600 levels, I think it is still a good time to buy because of the potential price increase in the last few months of 2016.
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September 20, 2016, 04:50:41 AM
 #34

September is the end of Q3 for the 2016 calendar year, so it maybe that people are focusing on other projects at the moment.

Have a look too at when various parts of the world have their end of tax years as well as companies reporting for dividends and the like.

When it's all said and done, isn't it a great thing that BitCoin can hover about $ 600 USD for not just days, but weeks on end without a sudden panic sell or buy through stealth?
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September 20, 2016, 05:04:55 AM
 #35

It's consolidating, that's all. Probably shoot up pretty soon.

It could also go the other way. If you look at the daily chart you could see that more clearly. I still stand by my statement that before Bitcoin can start moving up again, it has to go down first. Maybe I made a mistake by saying that it will stay at under $600 for a long while, then move down to the lower $500's before moving up but taking the amounts aside, I still believe that it has to go down a bit before going up.

Right now there is now buying going on, why? Because it is a seller's market. The sellers have to sell everything, move the price down and then that becomes a buyers market because many could get in at a bargain. As the buying increases, so do the price of Bitcoin.

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Herbert2020
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September 20, 2016, 05:18:23 AM
 #36

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 ?

the volume is an important part of the market and it is still pretty high which shows even in this rather stuck price there is still a lot of trades happening and people are accumulating bitcoin.

besides 2 weeks is nothing for an stable price. starting from last year these periods of stability are happening more and more often and they are a lot longer than 2 weeks. and there is always a rise afterwards if nothing bad like another finex hack happens!

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.
NorrisK
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September 20, 2016, 06:28:45 AM
 #37

It's consolidating, that's all. Probably shoot up pretty soon.

It could also go the other way. If you look at the daily chart you could see that more clearly. I still stand by my statement that before Bitcoin can start moving up again, it has to go down first. Maybe I made a mistake by saying that it will stay at under $600 for a long while, then move down to the lower $500's before moving up but taking the amounts aside, I still believe that it has to go down a bit before going up.

Right now there is now buying going on, why? Because it is a seller's market. The sellers have to sell everything, move the price down and then that becomes a buyers market because many could get in at a bargain. As the buying increases, so do the price of Bitcoin.

I don't think we are going down anymore. If you look at the charts from the bottom at 200 till now and draw some lines to this top, you can clearly see that we are still in an uptrend, touching the bottom line almost, which may even indicate that there is a price rise coming soon.

Bitcoin has gone down enough from the recent highs and it has already dipped low enough.
rektDude
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September 20, 2016, 07:30:07 AM
 #38

I dont think the price is stuck at the 600 i saw a bit of rising after hitting the 600 and i hope he will go up to the 1000 each and that would be very special for allot of bitcoin users of course.
DuckKeeper
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September 20, 2016, 07:30:08 AM
 #39

Why do you all think that the price of the bitcoin is stuck i dont see the price falling and i see him only rising at the end of this weeks so i dont understand stuck is rising and dropping nothing.
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September 20, 2016, 07:42:29 AM
 #40

The price right now of bitcoin is not stuck in this level and i think we are just seen slow movement of price because we are just few trader in trading site.. bitcoin is unpredictable sooner the price can be increase again more..

It has nothing to do with there being just a few traders online. These people are constantly ready to jump into action as soon as the market starts moving. It's that there is nothing for people to focus on right now that causes the price to remain at current levels for a while. People were looking up to the block halving not long ago, but right now there is nothing to look up to for people.
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