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Author Topic: Bitcoin is... surprisingly stable today?  (Read 1150 times)
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June 24, 2017, 02:15:39 PM
 #21

but look where we came )))))





Please make a dot on this point, that You call "where we are".

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June 24, 2017, 05:28:11 PM
 #22

There is more surprises to come in the near future, don't be shocked if you see price going up $2000 in a single day, why not huh?

When it reached $1200 and everyone were like drooling all over the floor, scammers were all horny then it dropped to $950 long enough

To fool some weak hands to sell which they did and from there it suddenly jumped to $1400 then 1500, 1700, 1800 and that was the spot

Where all the big investors poured millions out of FOMO and I believe we're still in that stage, which is a good thing if we continue to back

The price up as soon as it drops. one other surprise is on it's way, when people actually start to realize ETH has no capped supply and no end

Literally unlimited they will come back to Bitcoin and the result will be an increase in market share by at least another $6B.

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June 24, 2017, 06:23:05 PM
 #23

Price is dipping as we speak. So there is no such thing as stable price of bitcoin. It is now sub $2600 and 24 hours ago we are seeing it at $2700. Investors confidence at bitcoin is somewhat in question because of the Segwit2x. They want assurance first before pouring in their cash into the market. We may not see the price get to $3000 at the end of the month.

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June 24, 2017, 06:27:23 PM
 #24

Only a $9 change from yesterday at the time of posting.

Change 24h -191.50
hange 24h (%) -7.100 %



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June 24, 2017, 06:27:48 PM
 #25

This is just a phase, nothing permanent. We had already some longer periods of so called stability of Bitcoin but this never lasted very long. And all this pressure about 1 August, although nothing might happen like so many times before could also influence the price that could start to change very soon.

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June 24, 2017, 06:32:12 PM
 #26

This is just a phase

Ohh, please, here is a picture with phases.
The "Blow Off Phase"?





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June 25, 2017, 01:24:42 AM
 #27

but look where we came )))))





Please make a dot on this point, that You call "where we are".

I can make a dot at first chart only  Grin

Wish I knew the answer where we are at second one.... but no one knows that ))

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June 25, 2017, 08:33:52 AM
 #28

http://www.coindesk.com/price/

Only a $9 change from yesterday at the time of posting. Also saw this image linked somewhere — https://imgur.com/NzPiT6W. Is this just an anomaly, or does this signify some smoother sailing waters for bitcoin in the upcoming weeks / months?

It would seem that the market is silent at that time, only few wants to buy and sell Bitcoin. Well this is not so surprising since the scenario was very possible. It is not an anomaly, the market just behaved that way so that was it. Bitcoin will not be smooth in the upcoming weeks and months since we are on a global bear market and it is a rough one.

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June 25, 2017, 08:44:22 AM
 #29

Maybe yesterday price was stable, today high 2,640.84$ and low 2,556.82 $, almost a hundred dollars difference, I don`t think that something like that can be called stable. I agree with some members above, day or two without some big changes doesn`t mean a thing, I`m also sure that bitcoin will surprise us very soon again, good or bad is yet to be seen, I know that bitcoin is capable for both.
My prediction is that we will have quiet summer, for 1 August everyone knows already, and like someone said, when everyone knows about it when its priced already, cause of all that I don`t expect some big changes before October.

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June 25, 2017, 09:08:59 AM
 #30

Stable price is good for bitcoin. It may attract big companies to accept it if it continues to be stable with only small chunk of movements. Companies that are skeptical about bitcoin until now. This would be a good incentive for bitcoin and its price to rise further up. However we have to wait and see what happens on August 1.

so stable price results in growth making it unstable again.. seems the statement contradicts itself, but also seems that it works ))

it will reduce the instability by increasing the resistances!
for example if we assume it takes 100BTC to push price down from $2500 to $2000 with growth it will take 200BTC and so on (imaginary numbers). and because of that the big swings will become smaller hence leading to a more stable market.














 

 

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June 25, 2017, 09:15:30 AM
 #31

$

$ supply is cutted and will become more cutted in closest future, the real users of electronic money have substitution opportunities, so no one is forced to buy BTC
 


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June 25, 2017, 09:52:53 AM
 #32

You know, not every day  needs to be a ridiculous roller coaster. Even the most miserable penny stocks have their calm days. Doesn't mean tomorrow it won't go +/- 10%
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June 25, 2017, 10:57:58 AM
 #33

but look where we came )))))

[i m g]https://s.tradingview.com/x/LobQwqaW/[/img]



Please make a dot on this point, that You call "where we are".

if things were this easy and a with a simplified chart you could just predict the market then everyone would have been multi millionaires by now.

this chart that keeps getting posted here is just a simplified version of a reality trying to explain things that happen after they happen. the fact is most of these charts, analysis and other stuff are considered psedu-science and some even call them BS!

p.s.














 

 

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June 25, 2017, 11:15:16 AM
 #34

explain things that happen after they happen

Juan de Matienzo have described rules for Fair value some 500 Years ago.

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June 25, 2017, 11:16:09 AM
 #35

I am not surprised with the price movement in bitcoin,it is range bound for a sometime now after all the rally,and even today according to kraken it was trading between $2,480 and $2,699 in the past twenty four hours and i expect these sort of trading behavior till something new comes up but you cant see a stable price for a longer time.














 

 

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July 01, 2017, 02:37:32 PM
 #36

but look where we came )))))

[i m g]https://s.tradingview.com/x/LobQwqaW/[/img]



Please make a dot on this point, that You call "where we are".

if things were this easy and a with a simplified chart you could just predict the market then everyone would have been multi millionaires by now.

this chart that keeps getting posted here is just a simplified version of a reality trying to explain things that happen after they happen. the fact is most of these charts, analysis and other stuff are considered psedu-science and some even call them BS!

p.s.


LOL at the p.s.

Was thinking much about who's the male and who's female there but later understood that probably this is let's say sexless picture without any such meaning  Grin

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