Slow gains and stability

[topper26]

The last couple weeks we have seen a relative stable price with slow upticks. Many prefer to see this rather than huge instant rises. I like the fact we have been holding in in the 2700 to 2800 range last several days. We know from past summer is a quiet period. If we stay at this range through summer I would be quite happy.
Get through August unscathed then gain some momentum heading into the latter half of the year!

[audaciousbeing]

The last couple weeks we have seen a relative stable price with slow upticks. Many prefer to see this rather than huge instant rises. I like the fact we have been holding in in the 2700 to 2800 range last several days. We know from past summer is a quiet period. If we stay at this range through summer I would be quite happy.
Get through August unscathed then gain some momentum heading into the latter half of the year!

Everyone will be happy if things turn out the way we all wanted but unfortunately the price of bitcoin is not dependent on the feelings of individuals rather than the forces and factors behind such swings of prices. All we should hope for is that these determining factors should continue to work in the favor of bitcoin so that we can all be happy even beyond August and summer.

[YuginKadoya]

It can sometimes depends on your decision making if your going to buy today or tomorrow, or are you gonna trade for different coins, it will surely revolve on what people are doing with their bitcoin even in a small movement of it, there are some monetary activity of some people that are surely can affect the price of it, but as life goes on always remember that there is no stability in bitcoin fluctuation are always there even if sometimes you think that the bitcoin price don't budge an inch in a couple of days well maybe there are no current activity going on, that is why there are risk that you should be prepared in each and every things that you do with bitcoin.

[Kemarit]

The last couple weeks we have seen a relative stable price with slow upticks. Many prefer to see this rather than huge instant rises. I like the fact we have been holding in in the 2700 to 2800 range last several days. We know from past summer is a quiet period. If we stay at this range through summer I would be quite happy.
Get through August unscathed then gain some momentum heading into the latter half of the year!

Yes. I totally like what I'm seeing right now. Its slow but in a steady phase not like the past months when we are seeing $100 swing in a day. I think the weak hands has already sold their bitcoin during the last dumping of it. Let see July 1, when Australia joining us, I can only speculate that it will further push the price of bitcoin to maybe $3000 and up. But come Aug 1, when the UASF activates, will surely again impact the price to a new level. Will it help push it again to new heights or will the price will go down because of a potential split? Remains to be seen.

[el kaka22]

Usually stable prices are good symptoms for another rally. I do see markets are gaining momentum for another massive rally hence I am not expecting prices to stay calm till August for positive out come for scalability as markets are known to react for future events, we can expect those to happen from two month before onward too.

Everyone will be happy if things turn out the way we all wanted but unfortunately the price of bitcoin is not dependent on the feelings of individuals rather than the forces and factors behind such swings of prices.

You made me smile. I guess no trading asset is being traded like you have mentioned. Because every stocks and commodity trader will have the feeling of having higher prices.

[bamboylee]

In my observation, that is a normal movement of bitcoin in this month. There might be another movement or price surge on August, then another on November and last push on December. At least that is my observation for the last two years I have been using bitcoin and watching the price movement. So we may expect a stable price unless there is a bad news that will pull the price down.

[phr0stbyt3]

There are 2 common ways price of btc grows :
1. Really huge increase in price in a 24 hour to 48 hour period which the price falls after sometime and this part is only for traders
2. It is just like the current growth which achieves the price after a huge increase and this benefits the long term investors in long run

[CyberKuro]

Bitcoin movement every year shows similarities, just look at the graphs when it rise, decrease and stable for weeks.
People said, it's better to have slow gain because it won't be corrected, but I do really like how bitcoin value increase faster within 24-48 hours, even though in the end there is a correction but at least bitcoin already set on higher price than before bitcoin rally happen.

[Yuuto]

The last couple weeks we have seen a relative stable price with slow upticks. Many prefer to see this rather than huge instant rises. I like the fact we have been holding in in the 2700 to 2800 range last several days. We know from past summer is a quiet period. If we stay at this range through summer I would be quite happy.
Get through August unscathed then gain some momentum heading into the latter half of the year!

It would be better if bitcoin was just stable. I think that i like bitcoin a lot better when it's just floating around a certain number and this is certainly what it's doing right now. I don't think that the correction everyone is talking about is even going to come, it's just going to stay here.

If August 1st is a success, maybe it'll moon again. Time to buy?

[mrcash02]

There are 2 common ways price of btc grows :
1. Really huge increase in price in a 24 hour to 48 hour period which the price falls after sometime and this part is only for traders
2. It is just like the current growth which achieves the price after a huge increase and this benefits the long term investors in long run

The second one is the best situation for me. I like to see the price growing slowly, but solid. When there is a big pump, it's only good if you have free time to follow the chart in time to buy and sell in right time to make a fast and good profit. If you take too much time, you will lose the opportunity of profit, as the correction in price comes really fast.

[pitham1]

The last couple weeks we have seen a relative stable price with slow upticks. Many prefer to see this rather than huge instant rises. I like the fact we have been holding in in the 2700 to 2800 range last several days. We know from past summer is a quiet period. If we stay at this range through summer I would be quite happy.
Get through August unscathed then gain some momentum heading into the latter half of the year!

August is when the User Activated Soft Fork activation will start dominating crypto headlines.
Then again there will be an increase in volatility. I too am satisfied with the stable and steady growth upwards.

[RoommateAgreement]

as much as i love slow and steady rises, they never last. there are some long periods that last from time to time but in the end they will all end in a big and fast rise.
last year we saw a more stable rise with less wild rises but this year it seems like Japan changed all the equations once again and the fast rises is what we have got for the near future.

[White sugar]

The record of weekly green candles happened in the first rise of 2013, in the first rise up to $200. 12 green candles. Let's see if the price will break the record.

I think it is possible, if the price breaks $3000 of course

[EXtremeAEX]

I would say Bitcoin has increased a lot in value over the past month, and wouldn't say this is stable. Last month it was still sitting at $1800 but now it shot up to $2800 and rising, thats easily over 50% increase, and I would say that is a lot. Even a 10% would be a success for Bitcoin but 50% is just amazing. 

The past few days the prices are going up and down, but remain rather constant for the average price. Hard for Bitcoin to be stable, but gains are possible.

[n0ne]

Slow gains cause stabilty is not the real fact. This has been experienced true when the price was around $500. Now things have changed a lot from the past. Even the bigger price fluctuations gives a stabilty to resist within two margins and prepare for the next price jump.

[Dimelord]

The last couple weeks we have seen a relative stable price with slow upticks. Many prefer to see this rather than huge instant rises. I like the fact we have been holding in in the 2700 to 2800 range last several days. We know from past summer is a quiet period. If we stay at this range through summer I would be quite happy.
Get through August unscathed then gain some momentum heading into the latter half of the year!

Yes,bitcoin price looks stable for the past week in the range of $2800.I believe its good for bitcoin progress since gradual increase in price is better that a sudden increase followed by a huge fall.But the prevailing bitcoin price may start to increase when Australia announces its decision about legality of bitcoin.Now,in indian government,half of the members support bitcoin legalization while the others oppose it.When india too takes decision in favour of bitcoin legalization,price may increase more in rocket speed as india is the second largest populated country and demand for bitcoin would increase more.

[Jherek]

The last couple weeks we have seen a relative stable price with slow upticks. Many prefer to see this rather than huge instant rises. I like the fact we have been holding in in the 2700 to 2800 range last several days. We know from past summer is a quiet period. If we stay at this range through summer I would be quite happy.
Get through August unscathed then gain some momentum heading into the latter half of the year!

Agreed. I think that the main thing is to get to the forking point without having much volatility in bitcoin's price. That way we have a launching pad for another round of pumping. If we have too much pump or too much dump either of these options will not benefit the price.

Stability in the long term is what bitcoin should aim for because it is a store of value. Long term stability only happens if short term the currency is stable as well. So i'm very happy to see this stable price, even though there is no profits.

Slow gains cause stabilty is not the real fact. This has been experienced true when the price was around $500. Now things have changed a lot from the past. Even the bigger price fluctuations gives a stabilty to resist within two margins and prepare for the next price jump.

This could happen, yeah. I think the price will either correct or go for the next moon from here.

[azguard]

Usually stable prices are good symptoms for another rally. I do see markets are gaining momentum for another massive rally hence I am not expecting prices to stay calm till August for positive out come for scalability as markets are known to react for future events, we can expect those to happen from two month before onward too.

This is mostly true, and have some speculation on August or September for some bigger changes in price. For next month or two expect to be stable price. Usually in this time it is stable after everything that is happening.

So we wont experience any change that big for next month or two. Seem like it will be another big gathering and this may be good and bad for price, just hope it wont be dump.

[freedomno1]

The last couple weeks we have seen a relative stable price with slow upticks. Many prefer to see this rather than huge instant rises. I like the fact we have been holding in in the 2700 to 2800 range last several days. We know from past summer is a quiet period. If we stay at this range through summer I would be quite happy.
Get through August unscathed then gain some momentum heading into the latter half of the year!

A stable period near a big rise is a good sign of consolidation, if it stays at this range and doesn't tread downward for a fairly decent period of time this can be considered a new baseline area. Should be interesting though

[talkbitcoin]

The last couple weeks we have seen a relative stable price with slow upticks. Many prefer to see this rather than huge instant rises. I like the fact we have been holding in in the 2700 to 2800 range last several days. We know from past summer is a quiet period. If we stay at this range through summer I would be quite happy.
Get through August unscathed then gain some momentum heading into the latter half of the year!

A stable period near a big rise is a good sign of consolidation, if it stays at this range and doesn't tread downward for a fairly decent period of time this can be considered a new baseline area. Should be interesting though

i agree, so far price rise has been very good. despite what some people think it was fast and big, i say it was actually with a lot of small steps if you look at the short term changes.
for example it was a $90 rise then about $20 drop aka correction then another $50 rise and slow down and then rise some more.
these little corrections of $20 to $60 where price kept dropping were a very good sign of a healthy market in my opinion.

that is why i agree with you on this final stage of "consolidation". which is another good sign.