gayan777 (OP)
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November 04, 2017, 06:31:24 AM |
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i guess btc is stable now ,market is recovery ?
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DaMut
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November 04, 2017, 06:42:09 AM |
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what do you mean by recovery ? and what is the relation between recovery and stable ? Bitcoin is a decentralized thing,that mean more likely it will never be a stable assets because it can be manipulated by people easily. recovery word can be used when the price is bleeding and then moving back to its own peak or place, right now the best word that we can use is correcting or pullback, also i do not think it will be the big one because we still have a lot of time before the event, it might be a correction before another run ? at least if you're asking me about what is going on,i will answer that. if we're correcting,we should see a huge jump but right now we're not seeing it.so more likely it's just a little pullback before the run
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Kemarit
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November 04, 2017, 06:45:49 AM |
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i guess btc is stable now ,market is recovery ?
What stable? You mean the roller coaster ride has stopped? No, its weekends, most traders are not that active during weekends that's why the price has somewhat remain stagnant. But I don't think that it will go like this in days. Maybe in the next 2 days, the price could go full swing again because we are still far from the Segwit2x implementation. And I don't know what you mean recovery, we didn't see any slump in the last week so there is no recovery here. We have seen a lot of price increase lately, so I don't think recovery is needed. Just continue to hodl on your bitcoin and enjoy the ride and if you think you need to bail out and sell then by all means do it.
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pawanjain
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November 04, 2017, 08:12:19 AM |
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We are not over with it that soon my friend. The fork is yet be done and I can surely say you that the price will not be stable as long as the fork is done. People will be buying in as much as they can in order to get the profit out of the work. Once the fork is done most probably everybody will be switiching to Alts which will create a decline in price of BTC. It will then suffer from a correction and that is when the price "might" become stable. We can't predict whether it will be stable or not since there is a news that big whales are investing in Bitcoin and if so then the price might see a spike.
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Rajamuda
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November 04, 2017, 08:42:17 AM |
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i guess btc is stable now ,market is recovery ?
It's a rather difficult to guessed indeed, but I think it's not done yet, there is still a possibility that bitcoin price will still moving towards higher again from the present. Well, will remain stable or not bitcoin price at this time and so on, I personally really can't predict it exactly, can only thought it and guessing in accordance with my personal knowledge.
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airdagon
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November 04, 2017, 09:05:50 AM |
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i guess btc is stable now ,market is recovery ?
Actually bitcoin prices will continue to increase, I do not know what you mean by recovery. Bitcoin prices are unstable because every day has increased. I think the bitcoin price will continue like this before finding the right stability point.
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Kingofbitcoin12345
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November 04, 2017, 09:23:09 AM |
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i guess btc is stable now ,market is recovery ?
I don’t know if stability can only be determined by one day.. Its Saturday so most are on weekend getaway this is most a trend even in holidays.. It’s not recovering because they’re no reason to recover and I think you mean corrections but no it still not because it’s not decreasing.. Hope you make a thread that is clear enough for others to understand what you mean..
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wantjokull
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November 04, 2017, 09:55:20 AM |
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I don’t think bitcoin can be stable for long time. It is just hold position where no one is making anymore investment into it or may be people are not taking the risk at this high point of bitcoin rate. There will be soon downfall or upwards movement once the further updates are acquired for the hard fork which is anyway completely transparent at this time also. The price will remain like this for few days only but whatever I have experienced in the crypto world that no coin could get stabilise and put forth a single price. There will always be ups and downs without a glitch. Everything is play of market capitalism and it will shift once it is disturbed.
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Granxis
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November 04, 2017, 10:38:38 AM |
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i guess btc is stable now ,market is recovery ?
It's a rather difficult to guessed indeed, but I think it's not done yet, there is still a possibility that bitcoin price will still moving towards higher again from the present. Well, will remain stable or not bitcoin price at this time and so on, I personally really can't predict it exactly, can only thought it and guessing in accordance with my personal knowledge. Unpredictable, but it is very difficult to estimate the price these days. Bitcoin needs a very long time to stabilize. The last two days may be at the level of $ 7200, but even as I write this article, it has fallen to about 7,080 dollars.
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gayan777 (OP)
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November 04, 2017, 11:11:25 AM |
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yes u all right .btc is not stable i guess.
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TheUltraElite
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So anyway, I applied as a merit source :)
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November 04, 2017, 11:26:52 AM |
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i guess btc is stable now ,market is recovery ?
Was the market ever stable in the from last year? Bitcoin has been on the rise for sometime now. In future the price is increasing and there is no clear cut signs of recovery or dump. If you want to buy bitcoin do it now because there is no chance that the market will dump anytime soon. i guess btc is stable now ,market is recovery ?
It's a rather difficult to guessed indeed, but I think it's not done yet, there is still a possibility that bitcoin price will still moving towards higher again from the present. Well, will remain stable or not bitcoin price at this time and so on, I personally really can't predict it exactly, can only thought it and guessing in accordance with my personal knowledge. All I can say is that I will be HODLing for some time now. The price increase in the last week has been huge crossing 7k usd and now going for 8k usd I hope. If it touches 8k I will sell some. Price is down at 7.1k at this time so I guess people are dumping which is a temporary issue and price will be back on rise soon enough.
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matchi2011
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November 04, 2017, 11:40:40 AM |
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i guess btc is stable now ,market is recovery ?
You drunk dude? Btcisn't even close to stable even if the volatility is in a good way. It's even likely that prices will drop anytime this year as correction. And the market hasn't really plunged so what's there to recover? Didn't quite understood what you meant there dude.
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slate_main
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BYTZ
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November 04, 2017, 11:57:35 AM |
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Hillarious, but seriously I cannot stand the term "unstable".. Without some form of volatility, the sideline trend of Bitcoin would be very boring, there are many reasons Bitcoin is volatile, world market effect and news, from all levels, to super whales playing the markets, and then down to the small guys with their day trades and bots even. World economies are at ATH with hyperinflation, printing stupendous amounts of paper money, that is not backed up against gold as stated, there is no gold people... So, we the decentralized Bitcoin and Altcoins, we have some control, with a real world following.
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Creepings
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November 04, 2017, 12:36:34 PM |
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i guess btc is stable now ,market is recovery ?
Bitcoin is volatile, I don't think it will ever reach a stable price. But, seriously, I was so shocked at the price hitting a $7000 price in just a day. I don't know what happened but I can see a correction might happen, it always do. I just hope the price don't dump that hard after a time, many holders might plan to sell their bitcoin because we have a good price now.
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yanto@1977
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November 04, 2017, 01:10:53 PM |
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i guess btc is stable now ,market is recovery ?
Why you say that, I didn't see the reason from your post. For me, BTC still going up but slowly not fast like before. The price and volume too high and makes traders/ investors must analyze carefully before " open position " ( OP ). Most of people wait and see, it's to early to take action, patience needed. I think next week is good time to take " buy " action. Hope I'm lucky and good luck to you.
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Gozie51
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November 04, 2017, 01:34:53 PM |
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I also think the right word as we know is not stable, bitcoin is not meant to be stable rather volatile because it is easily influenced, the whales is there etc.
Meanwhile, the price I don't think is correcting just yet but that the activities on it seem to have reduced. The pump is still there and bitcoin is still on bullish and pulling more and different surprises.
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rodalutor
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November 04, 2017, 01:38:17 PM |
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i guess btc is stable now ,market is recovery ?
Bitcoin has only been stable for one day, bitcoin will almost certainly return to its volatile nature in the coming days or over the next week. Some alts have recovered slightly as a result but nothing major.
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Willitivity
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November 04, 2017, 02:09:15 PM |
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It's not yet stable mate. November 15this still a bit far away from now, so there is enough time for another vigorous growth. And for recovery, most alts are not recovering untill after the segwit2x maybe.
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karmamiu
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November 04, 2017, 02:13:17 PM |
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I also think the right word as we know is not stable, bitcoin is not meant to be stable rather volatile because it is easily influenced, the whales is there etc.
Meanwhile, the price I don't think is correcting just yet but that the activities on it seem to have reduced. The pump is still there and bitcoin is still on bullish and pulling more and different surprises.
Funny but yeah you're right, soon maybe it will be stable but it is too far for it to be finalized and be stabled, and as far as we knew that it is decentralized so i guess it will be too early for us to say it is stable. Yes its true there is also a current downward movement and maybe its just taking a bit pullback or retracement from the recent all time high.
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butrsukumpanumet
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November 04, 2017, 02:13:57 PM |
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What do you mean recovery when the price is claiming to the top day by day ? Price of bitcoin won't be stable at all. Volitality is the basic feature of Bitcoin.
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