Stedsm
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April 05, 2017, 05:36:16 PM |
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The number people will be the main factor keep Bitcoin price stable. The more people use it, the more stable the prices can be. However, Bitcoin is still new so we can not hope that the prices will stay remaining like that. The prices must go up in order to supply to all the people from around this planet. If I am right, the prices of Bitcoin will be stable in the 2050s
Rate adoption being increased, supply and demand only make bitcoin to be stable currency in price wise. Price was flautuate till last week. However, it seems recovered in the chart and now price is little over 1100$. There would not be any hard fork in the upcoming months. Before this year ends price may bump to $2000 in the December month. What I am seeing currently shows that there might be two scenarios: One is either nobody is interested in trading Bitcoins unless any fixed news on hard fork, other is there is a point where supply and demand meets where both parties are interested in buying and selling at a fixed price, so that's what might be the reason that is keeping Bitcoin's price to remain stable.
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alexsandria
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★777Coin.com★ Fun BTC Casino!
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April 05, 2017, 11:53:09 PM |
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The number people will be the main factor keep Bitcoin price stable. The more people use it, the more stable the prices can be. However, Bitcoin is still new so we can not hope that the prices will stay remaining like that. The prices must go up in order to supply to all the people from around this planet. If I am right, the prices of Bitcoin will be stable in the 2050s
Rate adoption being increased, supply and demand only make bitcoin to be stable currency in price wise. Price was flautuate till last week. However, it seems recovered in the chart and now price is little over 1100$. There would not be any hard fork in the upcoming months. Before this year ends price may bump to $2000 in the December month. What I am seeing currently shows that there might be two scenarios: One is either nobody is interested in trading Bitcoins unless any fixed news on hard fork, other is there is a point where supply and demand meets where both parties are interested in buying and selling at a fixed price, so that's what might be the reason that is keeping Bitcoin's price to remain stable. It's normal that bitcoin's demand might lessen since not all people can just invest they bitcoin at a time. They also need to withdraw it as they need fiat money to be used for their needs or they want hence bitcoin;s demand could go down. However, as bitcoin's market get widespread for it maximum supplies, price would eventually tends to become stable.
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hase0278
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April 08, 2017, 01:06:06 AM |
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For me, The balance in the buy and sell volume is what keeps the price stable now since right now, Buying and selling I think is balanced since the price is high so many sells but many buys so no dump happens. It might not last long though since buying can be defeated by selling pressure right now especially that the price is high and many traders are in the green so they might not hesitate to sell anytime now.
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pacifista
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April 08, 2017, 01:10:41 AM |
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Price rising = rumours + good news Price going down = bad news + panic selling + whales cashing out
But what factors keep Bitcoin price stable?
Increasing in the demand should be one factor..panic selling ,bad news are only reasons to make the whales more dominant in the bitcoin world. However it could prevented by holding and by not be affected by rumors or bad news.
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KennyR
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April 08, 2017, 03:27:14 AM |
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Price rising = rumours + good news Price going down = bad news + panic selling + whales cashing out
But what factors keep Bitcoin price stable?
Increasing in the demand should be one factor..panic selling ,bad news are only reasons to make the whales more dominant in the bitcoin world. However it could prevented by holding and by not be affected by rumors or bad news. Rumous and bad statements were common with not only bitcoin, most of the virtual currencies have the same. Only thing we can do is continued support to make it move in the growing path without considering those. Holding is good, but here to whales try to have a control on price move which at times make the price unstable.
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Hazir
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April 08, 2017, 03:36:09 AM |
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Bitcoin market is not modeled after Forex market but because of its limited supply resembles commodity trading a bit more. That feature alone will give people hope that price of BTC will have always slightly upward trend.
The higher the market cap and number of users of BTC growth, the lower the spikes of price will be. Also in theory less volatile price = more merchant acceptance, which will boost price - and here we have full circle.
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Cherylstar86
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April 08, 2017, 03:50:56 AM |
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Bitcoin became stable these few months ago because it's been used by many users who believed the true power of digital currency to the lives of the people. However there were challenging moments of bitcoin, but still many investors really trusted the btc stability although price is somewhat fluctuated compared to fiat currency money. It's getting more stable and the demand is getting higher again after the fast decreasing currency value.
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hajimasan
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April 08, 2017, 04:31:30 AM |
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Price rising = rumours + good news Price going down = bad news + panic selling + whales cashing out
But what factors keep Bitcoin price stable?
In my opinion it is only the demand that is making it stable or non stable . Here you can see clearly that sometimes bitcoin rise more than what we expect , that is only due to the demand , the price of bitcoin is fully depends upon the buy and sell ( I mean your point is right at much extent ) . No doubt that currently price is stable which is only due to the normal demand of bitcoin in the market and still no one new service is announcing to enter in bitcoin , and also a new conversation is going on bitcoin in India whether to accept or ban bitcoin in India . Hope everything gone ok and price will increase .
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noictib
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April 08, 2017, 04:57:49 AM |
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Price rising = rumours + good news Price going down = bad news + panic selling + whales cashing out
But what factors keep Bitcoin price stable?
In my opinion it is not stable from the time when I started because the bitcoin selling and buying speedly going on in the internet so we can't say there are based news effecting bitcoin , well here a good thing that flutuation in the bitcoin is s profitable thing for us to make earning ( I mean trading job ) . Here also the news of real descion of the governments of the countries about the bitcoin increase the bitcoin flutuation more ( for example when a state of Russia got banned to use bitcoin and the price got down )
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Amph
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April 08, 2017, 06:04:43 AM |
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what keep the price stable is the both thing you said will balance out eventually, and make the value look somehow stable but the value of bitcoin is not actually never stable
because it need to go higher, to help miners have their profit per day while the reward will be lower, stability it's bad for now, bitcoin need to grow, to become stronger
and to do this, you need price correction and people dumping, to consolidate more every new point and make it a solid bottom
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BitFinnese
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April 08, 2017, 08:45:12 AM |
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What I am seeing currently shows that there might be two scenarios: One is either nobody is interested in trading Bitcoins unless any fixed news on hard fork,
I believe once there is no one interested in trading Bitcoin its demand will weaken and thus, price will fall. This does not look stable to me. I believe a stable currency even if it is fluctuating in price had lots of support and demand. other is there is a point where supply and demand meets where both parties are interested in buying and selling at a fixed price, so that's what might be the reason that is keeping Bitcoin's price to remain stable.
For me stable does not mean staying in the same figure through out the year. It is not being stable, it is being stagnant. Stable price means if there is a huge dump, demand will resist the dump and Bitcoin market will not crash.
I believe that it is the technology, promotion and advertisement, merchants and influx of new users that keeps Bitcoin price stable.
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iqlimasyadiqa
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April 08, 2017, 02:19:06 PM |
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which keeps the price stable bitcoin is no negative effect that could make bitcoin exchange market panic. when the bitcoin users do not experience a panic, then the price of bitcoin will be very stable.
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aardvark15
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April 09, 2017, 03:39:15 PM |
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It seems that Bitcoin is established enough now that it will always hold value. There are a growing number of individual investors as well as merchants and gambling sites etc. There are also countries where inflation is high where people convert fiat to Bitcoin just as a store of value.
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BlackPanda
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April 09, 2017, 04:07:16 PM |
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It seems that Bitcoin is established enough now that it will always hold value. There are a growing number of individual investors as well as merchants and gambling sites etc. There are also countries where inflation is high where people convert fiat to Bitcoin just as a store of value.
yes they do fiat conversion into bitcoin just as an investment. but only a small percentage that are actually investing. while most only use bitcoin as an investment for a moment, they just took advantage and not want use bitcoin in their daily lives.
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xIIImaL
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April 09, 2017, 04:12:16 PM |
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It seems that Bitcoin is established enough now that it will always hold value. There are a growing number of individual investors as well as merchants and gambling sites etc. There are also countries where inflation is high where people convert fiat to Bitcoin just as a store of value.
Individual investors we just see in this forum, but if you look outside many International MCNs started implementing block chain technology. This is been implementing due to better understanding about the crypto programming security. Gambling and other merchants being invest on bitcoin due to its price range and hassle free to use in these kind of site. People also easily use bitcoin instead of fiat in gambling sites.
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YuginKadoya
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April 09, 2017, 04:29:38 PM |
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Price rising = rumours + good news Price going down = bad news + panic selling + whales cashing out
But what factors keep Bitcoin price stable?
Is there a real big reason to it? is it always like that? if the bitcoin price is high there is a good news that are happening in the community, or if the price are going down there are bad things that are happening! or it is just a fluctuation going? but I think bitcoin price are stable and not getting up and down that much and in my opinion I highly think it is because of japan trusting bitcoin right now and accepting bitcoin.
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radjie
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April 09, 2017, 04:37:33 PM |
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Request for many people who want to sell or buy a bitcoin if he was in a hurry to sell it will be decreased and vice versa, never a good stable prices rise even higher can also be dropped or the difference is not much because the market demand
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harizen
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April 09, 2017, 05:11:53 PM |
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If we look at the past performance since bitcoin's commencement of operations and takes it to the current trend, there is no such thing as stable price happened in bitcoin price.
Now look..
The interesting part here is the resistance builds in every push (bull) and able to withstand any attempt to make the price go lower (bear) for up to price that is still considered as high. Recently we saw that the price being pull down to it's lowest this year which is on $800 level after being on above $1200 and now look as we sit again at that range. So called negative news or FUD really plays a big factor why other people are enjoying profit with today's price. Taking advantage doesn't always with the positive news but also with the negative one.
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timerland
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April 09, 2017, 08:57:57 PM |
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There are many thing going on in bitcoin world (and in cryptocurrency world too) right now. Miners are divided, and the 1200$ level is an mental barrier for some of new users, but most importantly we can see a strong resistance over there.
We need at least 1300$ break to see somthing bigger going on.
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BitHodler
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April 09, 2017, 10:38:34 PM |
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There are many thing going on in bitcoin world (and in cryptocurrency world too) right now. Miners are divided, and the 1200$ level is an mental barrier for some of new users, but most importantly we can see a strong resistance over there.
We need at least 1300$ break to see somthing bigger going on.
I wouldn't focus too much on reaching $1300 as long as the situation is more or less still the same. FUD can at any moment strike in and cause a massive wave of panic sellers to take the price down again. This nonsense will last until consensus is reached to get SegWit activated. And then it will just be a relatively short term solution as it won't take much time before we see that even 2MB blocks aren't enough due to the demand. As long as this is the case, there will be many more ups and downs that we will face. Good thing is that it will allow traders to optimally benefit from the frustration and panic that echos through the market.
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BSV is not the real Bcash. Bcash is the real Bcash.
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