What keeps Bitcoin price stable?

[Memento]

Price rising =  rumours + good news
Price going down =  bad news + panic selling + whales cashing out

But what factors keep Bitcoin price stable?

[Senor.Bla]

Price rising =  rumours + good news
Price going down =  bad news + panic selling + whales cashing out

But what factors keep Bitcoin price stable?

There are more reasons for rising or going down then you wrote, but i see no reason for a stable price other then the absents of reasons for price going up/down and maybe habit. If people are used to pay a certain price ofer a long time then they will assume it is the price which lets it stay stable more or less for a time.

[DomainMagnate]

Price rising =  rumours + good news
Price going down =  bad news + panic selling + whales cashing out

But what factors keep Bitcoin price stable?

I have not seen stable bitcoin price since I am using bitcoin.there is always fluctuation in bitcoin price sometimes it is more and at other times less fluctuation

[AngryDwarf]

Bitcoins price is stable 1 BTC = 1 BTC until it costs more in transaction fees to spend it.

[boyptc]

It's about a matter of demand and supply plus another factor those rumors, speculations by people out there that is bringing fear to the whales and newbies that holds a lot. When those people do panic selling, they are just waiting for another time to make the price stable again by simply buying again all over again.

[franky1]

stable price is when nothing exciting is happening and so people are not holding funds on exchanges.

remember the price is not related to the 16mill coins.
its about the amount of coins on an exchange and what people decide to do about it.

also in low energy periods if one exchange was to move 10%. it would soon be arbitraged to 0-1% again.

it takes bigger events to move the markets and keep it moved

[iqlimasyadiqa]

very difficult to be able to make bitcoin prices to be stable. but the important thing is not influenced bitcoin any bad news.
when bitcoin get a lot of demand and the normal price of bitcoin will be very stable.

[BitMaxz]

For now its difficult to know when bitcoin will be stable. since bitcoin is relaying on demand and supply there are still always fluctuate.. maybe we will experience stable bitcoin price movement in  the future if more people are using it that can increase the value but gradually the fluctuate will low until it can be stable due to many people are using bitcoin.. and even user that has holding large amount of bitcoin can manipulate bitcoin price in the future..

[mrcash02]

I believe the price stays stable for some time it's because the demand and supply is proportional. The currently supply is enough for the amount of BTCs that people want to buy.

When there are more sellers than buyers the price goes down, when there are more buyers than sellers, the price goes up, and as OP said, this is influenced by the news and recent events about Bitcoin.

[shinratensei_]

Price rising =  rumours + good news
Price going down =  bad news + panic selling + whales cashing out

But what factors keep Bitcoin price stable?

None, because the price of bitcoin will never become stable. For the luck whale with 7k bitcoin and dump on the market and it's obviously give a big impact for the bitcoin market obviously. There is no factor can keep the price of bitcoin become a stable. Rumour, news, panic sell, bitcoin is really sensitive with all of the aspects.

[warwar]

I think it is because the stock market.Bitcoins price is based on buying and selling on each and every trading sites where bitcoins is in.Supply and demand i think?But there are still many factors that may affect its price.Like total bitcoins mined and many other factors.By this time bitcoin price is stable because one is the demand is lower than supply so each and every people can buy it

[xuan87]

It is really hard to keep bitcoin price to stable because there is nobody controlling it, the price go up usually because the rising transaction rate and the demand of the coin and it will go down if the supply is a lot, it's mean when a lot of people sell it then the price will fall down, so bitcoin price is really depend on market, and you can't really control people to hold or to buy coin, so bitcoin can't be really stable

[erickkyut]

The price of bitcoin is not stable. It's market is very volatile and always fluctuating. It just happened that the market of bitcoin this year is very good that's why there was a huge increase in its value. Let just hope that the current performance in the market will continue and let's hope that it will be beneficial for everybody

[ricreis394]

In my opinion, bitcoin becomes more stable with more market cap. More market cap means that it's necessary more people to sell/buy to change the value of the bitcoin.

[stevano]

Price rising =  rumours + good news
Price going down =  bad news + panic selling + whales cashing out

But what factors keep Bitcoin price stable?

stable price = selling and buying balanced

so go back to the principle of economy when demand for goods is not sufficient then rose and stock prices will remain stable
but in bitcoin during his price was always fluctuate depending on market conditions.

[bamboylee]

We are still years from seeing bitcoin price getting stable. As long as it still being viewed as a volatile commodity, it will not get stable. Massive pump and dump for profit is also a factor. Just this week we've seen bitcoin price falling 100$. If this factors are removed, we may see bitcoin stabilizing.

[Text]

The circulation of bitcoin keep its price stable. The buy and sell, trading and etc. that affects the trend of the value. Also the change price of other currency affects the others. Investors and holders of btc has a great contribution of the price rising up. We know that btc's value is volatile and it fluctuates everytime.

[Yakamoto]

Bitcoin can remain stable for a number of factors, however a lot of the stability comes from basically nothing happening and people being content to trade as usual. When literally anything happens, potentially including something like a $20 swing rapidly, that can trigger weird market moves that can compound when China wakes up. If they're awake, they might just keep it stable.

[meemiinii]

there are so many factors to have stability in bitcoin price:
the demand and supply,
the number of people uses it,
the number of bitcoins mine,

these are just some of them. but in my opinion we are still too young to have bitcoin in a more stable price. it takes time before this happens. besides, it will be hard to have it on a stable price because no one is in control of bitcoin. meaning, there will be ups and downs to its price because holders (specially the big whales) will dump and pump it for profit purposes. moreover, i think the price will stabilize if and only if bitcoin will become more of an investment rather  than just a merely digital currency/ money.. but unfortunately, there are so many thieves and hackers which threatens the majority to hold or put a lot of their finances in bitcoin for long term purposes.  however, if bitcoin becomes more secure it will encourage and pull a lot of investors, by then bitcoin will become more more of an investment then probably the price will be more likely to become stabilize.

[batang_bitcoin]

There are a lot of factors that are making the price of bitcoin stable. First is that many groups, whales and exchanges supporting it and they are helping bitcoin to keep on reaching a stable price. Another thing is those people that are new comers that keep on buying and adds to the contribution of bitcoins price and a lot more things.