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Author Topic: Does Bitcoin stable ?  (Read 2514 times)
Gibreil
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January 02, 2018, 12:27:09 PM
 #21

Stability is the balance of anything. Bitcoin is volatile and we cannot predict what will be the price now and tomorrow. I think the reason behind the dipped of bitcoin are the upcoming forks and whales who are invested then recently sell their bitcoin. Probably, the blockchain technology of the bitcoin also affects the price of bitcoin. As the fees goes low and the transaction becomes more faster than today, bitcoin will attract many investors and will result for it rise up.

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bloodyvio
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January 02, 2018, 12:41:33 PM
 #22

the reason for bitcoin dip is people finally realize the biggest weakness of bitcoin
bitcoin is unreliable for micro transactions, because of its very large fee and very long confirmation time
and bitcoin prices will rise sharply because of bitcoin fork
but after that it will come back down because many are selling bitcoins

so for now I would say bitcoin is very stable

Morjana17
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January 02, 2018, 12:53:20 PM
 #23

Now a days Bitcion is fluctuation because we cannot identify the exact nunber of earnings in it. It could be rissing or falling. But we as a bitcoiner we can find way to to help the bitcoin be stable in rising. We all knew that the earnings that we gain in bitcoin can be use as a micro transaction and it is a big to each and everyone. We cannot predict also the status of bitcoin for the next months or year but all we can assure that bitcoin helps a lot of people. Stability is a balance of everything we are going to make bitcoin keep on rising.


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El Il-mythos
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January 02, 2018, 01:01:11 PM
 #24

No! The fact that it is go up and and down, that is the thing that proves that it is not stable but it does not mean it will fall down.

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nqapdkdq
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January 02, 2018, 01:04:44 PM
 #25

This period of time is a small fluctuation, I think this is normal, now it is the holiday, at this time the market money will not be particularly high. In addition, there is too much money to make a profit in the last two months of 2017, and it also takes a long time to adjust. In the case of profit, there is always someone to sell.
lelylely
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January 02, 2018, 01:05:31 PM
 #26

Recently  Bitcoin got very high fluctuations. It went up 19,000USD(nearly) and dip to 12,500USD. In this situation does BTC stable ?

What are reason for that kind fluctuations ?
How long it will take reach 19,000 USD with this kind of market fluctuations ?


Bitcoin is unstable, all dependent on demand. It's hard to know how long for bitcoin reaches 19k. You have to be a little patient to wait for the price of 19k.

h0lybyte
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January 02, 2018, 01:32:16 PM
 #27

Recently  Bitcoin got very high fluctuations. It went up 19,000USD(nearly) and dip to 12,500USD. In this situation does BTC stable ?

What are reason for that kind fluctuations ?
How long it will take reach 19,000 USD with this kind of market fluctuations ?

The reason behind price going from $19k to $12k was christmas, people needed money and therefore they sold their bitcoins on christmas occassion.
Now people are again buying bitcoin and it will definitely grow more than $20,000 soon in month or two because more people are getting involved in crypto market. Some speculators say it can possibly cross $50k by 2018, so let's see how market goes
giveen
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January 02, 2018, 01:48:08 PM
 #28

It has been stable for past 2 weeks or so the price didn't cross above $14k and would eventual end up at somewhere around $12.5k - $13k this is surely not what stability means but from past price this is the only time after several months of pump it has stabilised.

Regarding reaching $19k it will mostly happen by feb end if lucky even by jan end but currently market is reacting slowly in favour of btc so it is going to take time for the coin to get the bullish trend again.
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January 02, 2018, 01:57:14 PM
 #29

Recently  Bitcoin got very high fluctuations. It went up 19,000USD(nearly) and dip to 12,500USD. In this situation does BTC stable ?

What are reason for that kind fluctuations ?
How long it will take reach 19,000 USD with this kind of market fluctuations ?

IN the end you can see it is not stable.
You need the bitcoin will have Regulation to be stable, a thing i dont think will happen.
billykannithi
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January 02, 2018, 02:03:01 PM
 #30

Bitcoin is arguably the most stable market at the moment as Bitcoin prices tend to increase rapidly. I think this time people should buy as many Bitcoins and keep Bitcoin for at least 10 years
crzy
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January 02, 2018, 02:06:45 PM
 #31

Recently  Bitcoin got very high fluctuations. It went up 19,000USD(nearly) and dip to 12,500USD. In this situation does BTC stable ?

What are reason for that kind fluctuations ?
How long it will take reach 19,000 USD with this kind of market fluctuations ?


Bitcoin is unstable, all dependent on demand. It's hard to know how long for bitcoin reaches 19k. You have to be a little patient to wait for the price of 19k.

Base on the price movements bitcoin are stable now for a days. Bitcoin is very volatile and people should learn how to ride on this. The price may never be stable theres a lot of pumps and dumps so better to be ready on that.
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January 02, 2018, 02:06:50 PM
 #32

bitcoin will come back soon. Available for a new year away you can bitcoin the price adjustment but the bitcoin will go back to $ 20000 will be quite fast. If Bitcoin breaks the bubble to less than $ 10,000, it will probably take a year for the bitcoin to recover.
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January 02, 2018, 02:11:08 PM
 #33

We can't say that Bitcoin is stable .It is volatile in nature .The price sometimes rises and sometimes it falls.As we recently saw that the price was 19000$ some days before and then it was dropped to near about 12000$ and now it is near about 13500$.No doubt that from a week not that much fluctuations has been seen in it's price .It is jumping between 13000$-14000$ but this does not means that it is stable.Soon it will rise again to a new ATH. There are many reasons for these fluctuations such as many investors sell their BTC's when the price is high so that they can get maximum out of their investments,recently their was a rise seen in the price of Bitcoin Cash which effected the price of Bitcoin etc .So I don't think Bitcoin is stable .It will always be known for it's volatile nature.
royale143
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January 02, 2018, 02:31:31 PM
 #34

Bitcoin cannot be stable. Recent months many people started to invest bitcoin and many people started to sell because of panic. And it is normal. Correction is needed because bitcoin went up to high in a very short time. So 19k level can come in 2 months again. Holding is important.

I agree. One characteristic of bitcoin or cryptocurrency, in general, is its volatility. Although it may seem to have stabilized and has kept a standard value at one point, it would only last for some time and like the past trends, it would surely gain some traction again to increase in value. That's what happened last November and December. For some months, bitcoin value has stayed and many people are beginning to lose faith in it, but due to some twist, it surged and have almost tripled its value. Same with other coins, there are so many factors affecting its increase and decline, not to mention that it may happen at any moment.

terciduk123
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January 02, 2018, 02:34:00 PM
 #35

Bitcoin cannot be stable. Recent months many people started to invest bitcoin and many people started to sell because of panic. And it is normal. Correction is needed because bitcoin went up to high in a very short time. So 19k level can come in 2 months again. Holding is important.

I agree. One characteristic of bitcoin or cryptocurrency, in general, is its volatility. Although it may seem to have stabilized and has kept a standard value at one point, it would only last for some time and like the past trends, it would surely gain some traction again to increase in value. That's what happened last November and December. For some months, bitcoin value has stayed and many people are beginning to lose faith in it, but due to some twist, it surged and have almost tripled its value. Same with other coins, there are so many factors affecting its increase and decline, not to mention that it may happen at any moment.
although bitcoin is not currently stable but bitcoin can be one of the coins in cryptucurrency that has a good price. decrease or rise in the price of coins in cryptocurrency I think is very reasonable. so even though bitcoin is unstable you should not be afraid to invest in bitcoin.
Donawoite
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January 02, 2018, 02:40:35 PM
 #36

Cryptocurrencey price are not stable they can rise in a minutes and also drop in a minutes depend on the demand and supply.



WhoKn0ws
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January 02, 2018, 02:43:20 PM
 #37

That it'll stabilize I would assume so, now.. that it'll stabilize at 12-14,000 as many would think doubtful. I am inclined to believe that it'll shoot back up to the high 18-19 within a week or 2 after the market stabilizes from the Holiday withdrawls..
dificanovi
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January 02, 2018, 02:44:11 PM
 #38

Recently  Bitcoin got very high fluctuations. It went up 19,000USD(nearly) and dip to 12,500USD. In this situation does BTC stable ?

What are reason for that kind fluctuations ?
How long it will take reach 19,000 USD with this kind of market fluctuations ?


I think the price of bitcoin will not be stable because currently there are people who believe in bitcoin and some believe in altcoin, this is because the bitcoin is reduced, while altcoin still has a very large amount.

mkcjeewantha
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January 02, 2018, 02:49:00 PM
 #39

 :)hi, as I think its stable enough to go further more. because now everybody knows that we have high possibility to get more profit if we invest even now.so as I think it's just the start of BTC journey.there is a long way to go, BTC will go up and down but it will rise more and more in near future.as John McAfee says its gonna rise up to $1,000,000 in 2020. good luck!! Smiley

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JuliaEnnyPen
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January 02, 2018, 02:54:30 PM
 #40

Bitcoin is definitely not a stable currency.

Stability (of the value of a currency) depends on supply and demand. How many bitcoins are in existence vs. how many people want to use them to mediate exchanges, or to collect them because they might appreciate over time.

The currency tends to be deflationary, assuming the user base will increase. There is a gradually slowing down creation process for the currency, where a fixed final target amount of 21 million bitcoins is approached with increasing difficulty in the creation process. This process is essentially pre-programmed and takes no heed of demand. The user base could increase by orders of magnitude but the amount of coins to work with is not flexible.
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