Why is everything so silent these days around here?

[Sniper44]

with all the volatility in price that we seen in the past couple of weeks it is good to see some silence, but is there any reason for it?

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[davis196]

with all the volatility in price that we seen in the past couple of weeks it is good to see some silence, but is there any reason for it?

It`s silent because the people don`t expect another bitcoin speculation bubble soon.
The Chinese aren`t so aggressive at buying bitcoin  and without them the price won`t reach $1200.

[quake313]

with all the volatility in price that we seen in the past couple of weeks it is good to see some silence, but is there any reason for it?

It`s silent because the people don`t expect another bitcoin speculation bubble soon.
The Chinese aren`t so aggressive at buying bitcoin  and without them the price won`t reach $1200.

Its quiet because people are trying to figure out what's going on and their next move.

[talks_cheep]

Everyone's afraid it's turning out to be another 2014. I.E., btc price goes up a bit or seems to be steady, then it drop 20+, rinse and repeat. You should be afraid, very afraid. There's a strong potential it will lose 80% of its value; there's a weak potential it will go to 1200 this year. I guess, no risk, no reward.

[valta4065]

with all the volatility in price that we seen in the past couple of weeks it is good to see some silence, but is there any reason for it?

Cause it's not a bubble.
When you think about it volatility isn't even really high.
Sure btc price changes a bit, but all around 850$ on average.
Compared to real volatility (fromm 500 to 1500 and vice versa) that's nothing ^^

[digitalgrow]

as a miner
im quite happy the price is stable
if it moves sideways for a few months its not a bad thing

[pacifista]

with all the volatility in price that we seen in the past couple of weeks it is good to see some silence, but is there any reason for it?

They knew that selling on this current price is not worth it. And they realize that holding bitcoin will give them high profit in the future. Lets just wait for the ath that will happen this year.

[jakelyson]

Maybe they are all just resting after that roller coaster ride at end of 2016 and early january 2017. Their heart almost burst when it reached 1100+ and suddenly dropped to less than 800. The horror of 2014 crash resurfaced. Luckily it is now stable at 900+. They can rest for a while and enjoy the current price.

[1Referee]

It's a combination of the sanctions put in place by the PBOC and the Chinese new year. Don't forget that western exchanges mostly follow what Chinese exchanges are doing. So if the markets in China aren't moving, western exchanges won't move either. I think it's safe to say that the current stability is quite a nice happening after all the volatility that we have been experiencing lately. I am sure that the volatility addicts are bored to death right now.

Everyone's afraid it's turning out to be another 2014. I.E., btc price goes up a bit or seems to be steady, then it drop 20+, rinse and repeat. You should be afraid, very afraid. There's a strong potential it will lose 80% of its value; there's a weak potential it will go to 1200 this year. I guess, no risk, no reward.

Still trying to convince rookies into believing your theory? From your last 6 posts, 4 posts are about how you think it's looking like 2014 again.

[jamyr]

Maybe they are all just resting after that roller coaster ride at end of 2016 and early january 2017. Their heart almost burst when it reached 1100+ and suddenly dropped to less than 800. The horror of 2014 crash resurfaced. Luckily it is now stable at 900+. They can rest for a while and enjoy the current price.

I say, some are just on the watch of the following movement. It might be a cue or a signal that they are waiting for to decide their next move. I think in this kind of industry one must be an observer and  a continuous learner to be successful. Just like in stocks, you can't leave your investment and go for a vacation especially if it is as volatile as btc.

[Goms]

All markets no matter how volatile will experience periods of relative stability. I see no reason to worry about the recent stability as this is perfectly normal.

[ipanks]

with all the volatility in price that we seen in the past couple of weeks it is good to see some silence, but is there any reason for it?

i think its not so silent because the price is increase and decrease although the price is not going to deep but at least the price is still movement in the market. maybe after this, the price wil make a deep movement and i don't know where the price will go so lets we wait for this and we hope the price is increase.

[jaberwock]

what volatility, dude?

price is stable around the $920 for last two days and volume is much lower than back in the days where some volatility was present

things are silent here because the market is silent

[jtipt]

with all the volatility in price that we seen in the past couple of weeks it is good to see some silence, but is there any reason for it?

That's just how it happens, so the bubble just bursted so the price will remain clam for bit and start rising again most probably but there won't be the same volatility we had just before the $1000 unless there is some major event.

[BTCLovingDude]

bitcoin has been stable and things were "silent" for a long time. a quick look at the past two years i can say we had only two major rallies, one recently to $1100+ and an another one a while back during the halving hype.

and in all the other times, price has been slowly creeping up with times like this when price becomes too stable and seems like not wanting to move.

[European Central Bank]

no movement = increasing silence. everyone's waiting for the chinese to either shit the bed or carry on a little something like before.

[alyssa85]

All markets no matter how volatile will experience periods of relative stability. I see no reason to worry about the recent stability as this is perfectly normal.

This. People are just resting and having a think. There arn't any new developments that can move the price, and until something happens (either breakthrough on blocksizes, breakthrough on the Winklevii ETF, or perhaps an economic crisis in some part of the world), the price won't move much.

[manselr]

with all the volatility in price that we seen in the past couple of weeks it is good to see some silence, but is there any reason for it?

This is the speculation subforum, and right now bitcoin is pretty stable at around 920 USD, 10 dollars up 10 dollars down, somehow has found a nice stability along that range for some reason.

It's yet to be seen how high we are going to go next without the crazy chinese gamblers. It's good news tho, they can't crash the market as hard anymore and the price has stabilized near 1000, once we reach 1000 again its on.

[d5000]

On the 30 day chart one can see that there is a triangle about to close. And it's not clear if it's a bullish or bearish triangle - from my limited knowledge with TA I would think it is bearish, but on the other hand the price is slightly tending upwards so it may be an ascending triangle. So people mostly are waiting for a whale to make the next move.

Besides of this, we have weekend and Chinese New Year.

There may be another factor: There could be less arbitrage activity because of the slow exit of traders from the Chinese exchanges.

[chaser15]

with all the volatility in price that we seen in the past couple of weeks it is good to see some silence, but is there any reason for it?

It's usual and common for that kind of behaviour to happen especially when there is no hype or speculated trolls messing around. We all know that bitcoin price volatile but not directly it will have a very active movement everyday. But if you look at the 24 hours duration of bitcoin price chart, there's no such thing as silent action as price moves a lot. Lots of green and red candlebars have been established.

Let's just wait for the next upcoming trend.