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Author Topic: Why bitcoin rate is stable since june 2016  (Read 5923 times)
MingLee
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October 16, 2016, 12:06:11 AM
 #101

to me the only reason is that most and most people are entering in the world of bitcoin that really making bitcoin more and more stronger and so the price is also becoming more stable.

Nah, that's not it. People are expecting the price to go up significantly from the moment the block halving took place. Long story short, they are still waiting for something that might not even come, at least, not block halving related. So yes, the waiting will continue...
I personally think that the value we're sitting at is basically what we would be at otherwise, with a rise happening immediately after the halving or a slow increase upwards and the pricing in of the halving beforehand. What we saw was the increase of value from $300 in summer 2015, something that was what I estimate the bottom-line for a lot of miners, to ~$600 after the halving. Based on that and the difference in supply, what we see in the market is expected.
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October 16, 2016, 12:16:33 AM
 #102

Can you please tell in brief that why bitcoin rate is stuck at around $600. I am confused wether to buy bitcoin or sell. I am very conscious about its future. So please stamp your own views here.
there should be no confusion because the stability also a part of bitcoin which provides the time to buy btc . and i think you should buy the bitcoin in bulk because the price will cross $700/btc . so if you want profit then buy otherwise wait for again for down the price.
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October 16, 2016, 12:31:59 AM
 #103

I don't see stability like OP does. Simply bitcoin is going up and down like the market, it's a dance, or we can look on it like that. I don't know how to explain that, but I see people who understand it are earning big money on that price fluctuations.
Price will be like that many more years, bitcoin is still not that strong to handle all problems. Bad news hit price, good news hit price, to me that is just a sign how much bitcoin price is really sensitive.

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October 16, 2016, 01:11:01 AM
 #104

I don't see stability like OP does. Simply bitcoin is going up and down like the market, it's a dance, or we can look on it like that. I don't know how to explain that, but I see people who understand it are earning big money on that price fluctuations.
Price will be like that many more years, bitcoin is still not that strong to handle all problems. Bad news hit price, good news hit price, to me that is just a sign how much bitcoin price is really sensitive.

Haha exactly. I could go back and look at the chart and ask why were we also stuck at 620 on such and such a date... we're stable! Oh except for the fact the price went to 1200 and then dropped to what $200? That's not stable in anyone's mind but obviously the op is just being a bit of a pill.
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October 16, 2016, 01:23:47 AM
 #105

now bitcoin prices have increased significantly. we can see the movement of bitcoin prices rose high enough. in almost many bitcoin exchange rates were in rates 635USD - 640USD.
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October 16, 2016, 04:05:39 AM
 #106

now bitcoin prices have increased significantly. we can see the movement of bitcoin prices rose high enough. in almost many bitcoin exchange rates were in rates 635USD - 640USD.

Correct, bitcoins  price is starting to move now and  almost reach $650 which is really a good signal  that it would eventually rise  up more on the future hence for those people  who bought on bitcoin while the price is still $540 on bitfinex hack then for sure a guaranteed profits for them.

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October 16, 2016, 08:42:59 AM
 #107

now bitcoin prices have increased significantly. we can see the movement of bitcoin prices rose high enough. in almost many bitcoin exchange rates were in rates 635USD - 640USD.

Correct, bitcoins  price is starting to move now and  almost reach $650 which is really a good signal  that it would eventually rise  up more on the future hence for those people  who bought on bitcoin while the price is still $540 on bitfinex hack then for sure a guaranteed profits for them.
buy bitcoin is an advantage. we will get bitcoin price increases continuously. I believe every time definitely bitcoin prices will rise. bitcoin is the future that must be fought.
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October 16, 2016, 09:23:43 AM
 #108

now bitcoin prices have increased significantly. we can see the movement of bitcoin prices rose high enough. in almost many bitcoin exchange rates were in rates 635USD - 640USD.

Correct, bitcoins  price is starting to move now and  almost reach $650 which is really a good signal  that it would eventually rise  up more on the future hence for those people  who bought on bitcoin while the price is still $540 on bitfinex hack then for sure a guaranteed profits for them.
buy bitcoin is an advantage. we will get bitcoin price increases continuously. I believe every time definitely bitcoin prices will rise. bitcoin is the future that must be fought.
Yeah most of the times buying bitcoins will put you at an advantage but there are times when selling will put you at an advantage too.
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October 16, 2016, 09:40:27 AM
 #109

now bitcoin prices have increased significantly. we can see the movement of bitcoin prices rose high enough. in almost many bitcoin exchange rates were in rates 635USD - 640USD.

Correct, bitcoins  price is starting to move now and  almost reach $650 which is really a good signal  that it would eventually rise  up more on the future hence for those people  who bought on bitcoin while the price is still $540 on bitfinex hack then for sure a guaranteed profits for them.
buy bitcoin is an advantage. we will get bitcoin price increases continuously. I believe every time definitely bitcoin prices will rise. bitcoin is the future that must be fought.
yes i agree with you it is right to say that the price of bitcoin is continuously increasing therefore it is best time to invest in bitcoin.
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October 16, 2016, 10:03:35 AM
 #110

Can you please tell in brief that why bitcoin rate is stuck at around $600. I am confused wether to buy bitcoin or sell. I am very conscious about its future. So please stamp your own views here.
sometimes it is usual to happen stability but in my opinion there is always a interval after atleast two month where we found  much fluctuations in rate . currently the rate fluctuating more .
still here is not a matter like brexit but this fluctuation is due to icici bank which makes some contracts with blockchain ( i read like this thing deal at a blog ) .

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hajimasan
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October 16, 2016, 10:24:57 AM
 #111

Can you please tell in brief that why bitcoin rate is stuck at around $600. I am confused wether to buy bitcoin or sell. I am very conscious about its future. So please stamp your own views here.
it is regular quality of bitcoin rate stability and its fluctuations and i think it was also earliar in the last two momtha to may of 2016 so we can't claim wether price are stable or should be fluctuate .
overall at the current time its fluctuation is high and price reached at 640$
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October 16, 2016, 05:33:02 PM
 #112


Can you please tell in brief that why bitcoin rate is stuck at around $600. I am confused wether to buy bitcoin or sell. I am very conscious about its future. So please stamp your own views here.

I think it was the correction phase where bitcoin price adjust to what its current value without pump or dump, bad news or good news happening.  I also believe that bitcoin price depend on the next press release.  If it is a bad press then bitcoin will certainly go down but if it is a good press then it will be an uptrend for bitcoin.
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October 16, 2016, 07:14:36 PM
 #113

now bitcoin prices have increased significantly. we can see the movement of bitcoin prices rose high enough. in almost many bitcoin exchange rates were in rates 635USD - 640USD.

Correct, bitcoins  price is starting to move now and  almost reach $650 which is really a good signal  that it would eventually rise  up more on the future hence for those people  who bought on bitcoin while the price is still $540 on bitfinex hack then for sure a guaranteed profits for them.
buy bitcoin is an advantage. we will get bitcoin price increases continuously. I believe every time definitely bitcoin prices will rise. bitcoin is the future that must be fought.
yes i agree with you it is right to say that the price of bitcoin is continuously increasing therefore it is best time to invest in bitcoin.

Users who expect a good earning in a short time period could go with the trading of bitcoin right now, because the gradual increase sure gives a better earning compared to the days of much stable price. Since June price have been found stable, because most were holding for a price increase. Most probably further steep rise happens by the year end.

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October 16, 2016, 08:09:53 PM
 #114

If bitcoin becomes stable it will not be in 2015. I hope to see 1 or 2 pumps before the price becomes stable.
Preferrably somewhere in 2017 but it would not surprise me if it would be closer to 2019/2020. Perhaps the next halving will be the end of these pumps/dumps.
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October 16, 2016, 10:39:35 PM
 #115

I feel a pump has occured. The price now is not stable. It has increased more than last week. It is going to increase more and as predicted, 2017 is going to be an year of bitcoins. The price may reach around $800 by the end of next year. Many investors have come to invest in bitcoins. Almost all might have see.
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October 17, 2016, 12:39:40 AM
 #116

I feel a pump has occured. The price now is not stable. It has increased more than last week. It is going to increase more and as predicted, 2017 is going to be an year of bitcoins. The price may reach around $800 by the end of next year. Many investors have come to invest in bitcoins. Almost all might have see.
last few days there has been a pump on the price of bitcoin. but currently not happen again rise, bitcoin prices stabilized and seen there will be no increase in the near future.
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October 17, 2016, 05:14:54 AM
 #117

I feel a pump has occured. The price now is not stable. It has increased more than last week. It is going to increase more and as predicted, 2017 is going to be an year of bitcoins. The price may reach around $800 by the end of next year. Many investors have come to invest in bitcoins. Almost all might have see.
last few days there has been a pump on the price of bitcoin. but currently not happen again rise, bitcoin prices stabilized and seen there will be no increase in the near future.

I agree that there are some demand pressure this past week and somehow bitcoin price increase a little.  Then it is a stable now at around 620 USD to 640 USD.  I think bitcoin will increase again to 650 USD by next week then go up to 700 usd at the end of October.  And the next floor will be 700 USD.
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October 17, 2016, 07:25:24 AM
 #118

the price of the bitcoin is never stable and that will never be so i dont think you are looking at the right price because he is cirsling around the 600 dollar
and i hope he will rise off course.
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October 17, 2016, 07:45:21 AM
 #119

The bitcoin price is far from stable becuase i know that lots of people are using the bitcoin but that much that th eprice will hold stable that is irreleva
nt and that would never happen believ eme.
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October 17, 2016, 07:57:27 AM
 #120

the price of the bitcoj nwill never be stable and that can i tell you becuase i know for sure that other people are also not accepint bitcoins in the futre
becuase they are not able to make money  with it.
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