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Author Topic: What keeps Bitcoin price stable?  (Read 4232 times)
aso118
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April 11, 2017, 01:23:09 AM
 #81

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.

We are flirting with the $1200 barrier again now. Since this barrier has been surmounted in the past, I expect it won't last for long.
If there is any positive news (with respect to the blocksize debate), we are headed to ATHs again.


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April 11, 2017, 01:28:22 AM
 #82

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

But what factors keep Bitcoin price stable?

Actually price can also going down or stable because of rumours too. If the rumours is bad about bitcoin the price can easily down and if there's no bad/good news, the price of bitcoin become stable. The 'Whale' player also contribute about the price.
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April 11, 2017, 02:11:40 AM
 #83

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.

We are flirting with the $1200 barrier again now. Since this barrier has been surmounted in the past, I expect it won't last for long.
If there is any positive news (with respect to the blocksize debate), we are headed to ATHs again.

I dont mind if we stay around the 1200 dollar price for sometime.Bitcoin need stability at high price. It is no use if bitcoin jumps to $1500 in a day and then dump back to 1000$. To be able to sustain a high price is more important in my point of view.
Seeing bitcoin is on high price really makes us all happy.

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April 11, 2017, 02:37:55 AM
 #84

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

But what factors keep Bitcoin price stable?

Actually price can also going down or stable because of rumours too. If the rumours is bad about bitcoin the price can easily down and if there's no bad/good news, the price of bitcoin become stable. The 'Whale' player also contribute about the price.
The whales manipulate the price at unexpected times with huge volume buying and selling transactions. During this they most of the time create a down trend and make use of the opportunity buying as much possible from the users who sell because of the panicked state. The stabilty is gained often with respect to adoption and technology updates.

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April 11, 2017, 02:57:51 AM
 #85

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 do think that it is a good time for all the alt coins because there is a pump in some coins or the other every day and people are earning a good amount of money with it and unless the scaling issues are sorted out i am not seeing any pump in bitcoin and that is the biggest barrier we have at the moment.
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April 11, 2017, 05:47:32 AM
 #86

The things that keep bitcoin price to be stable is its users. The value in the market depends on the law of supply and demand wherein, if the demand is high, the supply is low and if the supply is high, the demand will be low. Its market is very volatile and fluctuating.
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April 11, 2017, 05:58:47 AM
 #87

the price of bitcoin is mainly depended on the popularity, since bitcoin is not really popular all over the world as of the moment, yet its use is growing fast. the volatile pricing is the result of lacking knowledge towards bitcoin to majority who use bitcoin as investment. moreover, the regulation will matter the price.

The things that keep bitcoin price to be stable is its users. The value in the market depends on the law of supply and demand wherein, if the demand is high, the supply is low and if the supply is high, the demand will be low. Its market is very volatile and fluctuating.

it still depends on how rich they are to buy bitcoin.

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April 11, 2017, 07:54:06 AM
 #88

Every 14 days if price changes that's natural due to difficulty changing other than that it's all day traders and whales manipulating the price slightly.
Bitcoin price shouldn't remain stable more than 2 weeks otherwise something would be wrong.
Nothing can keep the price stable other than centralization of mining/ controlling the total supply.
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April 13, 2017, 09:26:32 AM
 #89

Every 14 days if price changes that's natural due to difficulty changing other than that it's all day traders and whales manipulating the price slightly.
Bitcoin price shouldn't remain stable more than 2 weeks otherwise something would be wrong.
Nothing can keep the price stable other than centralization of mining/ controlling the total supply.

Well that is right if bitcoin value would not move a bit whenever it is going up or down there is a problem with it and not like other currency that are pretty much can be stable, bitcoin would not stay on 1 spot regarding anybody do with their stock of coins in their wallet, but imagine if all users that have bitcoin would not make a transaction within a year, I think we can monitor what would really happen to the movement of bitcoin, but that would be really impossible.
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April 13, 2017, 02:32:23 PM
 #90

The things that keep bitcoin price to be stable is its users. The value in the market depends on the law of supply and demand wherein, if the demand is high, the supply is low and if the supply is high, the demand will be low. Its market is very volatile and fluctuating.
You can't keep the price stable anymore if the bitcoin price will be stable there will be no more income from buying and selling only from mining and from investment there will be no more income from trading too. People is the reason too why the price of bitcoin is always changing into price market is not that too volatile it just manipulation some.
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April 13, 2017, 02:47:40 PM
 #91

Every 14 days if price changes that's natural due to difficulty changing other than that it's all day traders and whales manipulating the price slightly.
Bitcoin price shouldn't remain stable more than 2 weeks otherwise something would be wrong.
Nothing can keep the price stable other than centralization of mining/ controlling the total supply.
good point, there's some reason why whales tried to manipulate the price to make some shake and to gain bigger holdings
every time they move price really affected and newcomers and weak holders are been trap, but for those who understand
the drill they are taking this as an advantage to go with the flow and earn good profits.

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April 13, 2017, 11:23:05 PM
Last edit: April 14, 2017, 12:54:05 AM by Przemax
 #92

The stability of the price is being kept by the confidence of the traders in the resistance and support price barriers. When those price barriers are breached the price tends to be very nervous and unstable.

The more short time support/resistance is emphasised the more stable the price should be. In the land of the bitcoin the local support/resistance is very often broken so the stability of the price is only guaranteed by the support/resist line of a bigger time frames.
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April 14, 2017, 03:08:17 AM
 #93

I don't think the price is stable. Everyday at least a small variation will be felt on the price upwards or downwards. Stabilty seems to be the one at times to grow further staggers within few price tags.This is mentioned as stabilty, which is common with bitcoin and at times the market capital increase along with usage or circulation keeps it stable.
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April 14, 2017, 06:03:14 AM
 #94

I don't think the price is stable. Everyday at least a small variation will be felt on the price upwards or downwards. Stabilty seems to be the one at times to grow further staggers within few price tags.This is mentioned as stabilty, which is common with bitcoin and at times the market capital increase along with usage or circulation keeps it stable.
bitcoin prices are always changing. though not great, at least there will be an increase and decline. we can not say that bitcoin prices will not change. bitcoin price movement will always occur at any time during the bitcoin is still used by the people.
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April 15, 2017, 12:33:46 PM
 #95

I don't think the price is stable. Everyday at least a small variation will be felt on the price upwards or downwards. Stabilty seems to be the one at times to grow further staggers within few price tags.This is mentioned as stabilty, which is common with bitcoin and at times the market capital increase along with usage or circulation keeps it stable.
bitcoin prices are always changing. though not great, at least there will be an increase and decline. we can not say that bitcoin prices will not change. bitcoin price movement will always occur at any time during the bitcoin is still used by the people.

What matters is the quantum of change, not whether the price changes.
If the price changes by not more than 5% annually, we can conclude that Bitcoin's price has attained stability.

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April 15, 2017, 01:13:19 PM
 #96

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

But what factors keep Bitcoin price stable?

Actually price can also going down or stable because of rumours too. If the rumours is bad about bitcoin the price can easily down and if there's no bad/good news, the price of bitcoin become stable. The 'Whale' player also contribute about the price.
The whales manipulate the price at unexpected times with huge volume buying and selling transactions. During this they most of the time create a down trend and make use of the opportunity buying as much possible from the users who sell because of the panicked state. The stabilty is gained often with respect to adoption and technology updates.
but to me now it is becoming difficult for the big whale to manipulate the price of bitcoin, and the reason is that the users of bitcoin are increasing from time to time which is now making it difficult for the big whale to manipulate the price of bitcoin so easily.
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April 15, 2017, 08:32:52 PM
 #97

I don't think the price is stable. Everyday at least a small variation will be felt on the price upwards or downwards. Stabilty seems to be the one at times to grow further staggers within few price tags.This is mentioned as stabilty, which is common with bitcoin and at times the market capital increase along with usage or circulation keeps it stable.
bitcoin prices are always changing. though not great, at least there will be an increase and decline. we can not say that bitcoin prices will not change. bitcoin price movement will always occur at any time during the bitcoin is still used by the people.
yes some time we can see a little drop in the price of bitcoin, but over all the if we examine the study the progress of bitcoin, i think we ca say that over all the price of bitcoin is increasing and not decreasing. we can expect that the trend of increasing price of bitcoin will continue for a long time.
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April 16, 2017, 05:01:42 PM
 #98

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

But what factors keep Bitcoin price stable?
When the price is stable means the buyers and sellers are in the same proportion when the price goes up then that means there are more buyers and obviously is the opposite when the price goes down, there is not much  else to say about it.
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April 16, 2017, 10:50:46 PM
 #99

The things that keep bitcoin price to be stable is its users. The value in the market depends on the law of supply and demand wherein, if the demand is high, the supply is low and if the supply is high, the demand will be low. Its market is very volatile and fluctuating.
What do you think when the price would be when all the coins are mined .For sure the demand will be there but the supply will be cut short to zero and that in turns will have a huge impact on the market,but it will take time to get to that stage,now coming to the real reason for the stable price of bitcoin is because there are more investors in bitcoin than a year before and it is hard to manipulate the market easily and so is the reason we are seeing a stable price.

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richardsNY
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April 16, 2017, 11:15:46 PM
 #100

The things that keep bitcoin price to be stable is its users. The value in the market depends on the law of supply and demand wherein, if the demand is high, the supply is low and if the supply is high, the demand will be low. Its market is very volatile and fluctuating.
What do you think when the price would be when all the coins are mined .For sure the demand will be there but the supply will be cut short to zero and that in turns will have a huge impact on the market,but it will take time to get to that stage,now coming to the real reason for the stable price of bitcoin is because there are more investors in bitcoin than a year before and it is hard to manipulate the market easily and so is the reason we are seeing a stable price.

If all coins are mined, we can assume that if the demand is still there and growing, that the price will move up as well. The higher the price is, the lower the amounts are that people can afford, and thus less coins are needed to 'feed' the demand coming from people. I don't see how this will affect the market. Maybe that you can elaborate on what you exactly meant, because it's not really clear to me now.
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