Clover_Faith
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January 02, 2018, 03:01:59 PM |
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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 ?
Actually bitcoin is not a stable price because this is the way that bitcoin become popular. So that if bitcoin have a high price somebody encourage to try to use bitcoin. And i think this the main reason why it become popular. So all we need to do is wait and see on how it high someday.
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yonjitsu
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January 02, 2018, 03:04:04 PM |
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As to dominance, bitcoin is very stable IMO. Bitcoin has been dominant since it was launched until today. But for its market price, its volatility has caused its market price to rise so high and plunges too deep too.
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MARAI NAZ
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January 02, 2018, 03:04:21 PM |
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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 ?
Actually bitcoin is not a stable price because this is the way that bitcoin become popular. So that if bitcoin have a high price somebody encourage to try to use bitcoin. And i think this the main reason why it become popular. So all we need to do is wait and see on how it high someday. Yes currently bitcoin is not stable, because still majority of people are entering in the world of bitcoin and are investing money there, but hopefully when all the people of the world will start using bitcoin as fiat currency then it will become too much stable.
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wahyu.prist
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January 02, 2018, 03:05:55 PM |
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I think it's stable because there's no definitive reference for the bitcoin price itself. Thanks #CMIIW
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paparexon0414
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January 02, 2018, 03:07:55 PM |
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I think the question is a common one, we all knoe that bitcoin is volatile, we cant predict its value. Its not stable and the other cryptos as well. That is why bitcoin is popular, its like a risk game.
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Spider A4
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January 02, 2018, 03:11:04 PM |
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I think at this moment BTC is stable condition.Actually BTC market fluctuations is not lengthy.BTC market down that's why Alt coin market is rocket high.In february BTC will again increased i think.
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minldem
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January 02, 2018, 03:18:07 PM |
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It looks like stable I think. Even it rises and falls, it has a unique fluctuation status. It fluctuates lot compared to other investment tools but at the end, it increases steadily as we observed in its history. So, we cannot say it is stable in the short time but in the long run, it is.
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Hopeman1
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January 02, 2018, 03:18:56 PM |
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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 still going up, and when it goes up to a certain point, it's normal to have people thinking about selling, but for now, bitcoin is still on the rise.
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cipher-x_09
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January 02, 2018, 03:19:22 PM |
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Well for one the answer to your question if bitcoin is stable the answer is no. As for when the price can be reached 19,000 again because the demand for bitcoin is currently low so the answer to your other the answer is could not be determined because once again we can never when other people are going to bu bitcoin.
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Crypto Girl
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January 02, 2018, 03:19:45 PM |
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Bitcoin destroys many existing economic laws and trends, from the centralized money system to decentralized financial system, the law of supply and demand could not be applied because the Bitcoin has a fixed total supply and yet since then (2009) the price is rising and rising very far from it's previous rate.
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leland orser
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January 02, 2018, 03:21:05 PM |
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The current bitcoin is still not very stable, so it can't be called a currency, but it may have a stable price later on, so it can be called a currency
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quthmvpv
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January 02, 2018, 03:21:12 PM |
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Bitcoin market is a market that fluctuates violently. In recent days, my judgement is correcting the profit in the early stage, and there should be an opportunity for price rise this month.
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josealerav
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January 02, 2018, 03:22:07 PM |
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I think Bitcoin will stabilize, Bitcoin has been dominated since it was launched until today. current market price of it, it can make high Bitcoin increase or decrease. All what we need to do is wait and see how
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Condoriano
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January 02, 2018, 03:32:24 PM |
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Bitcoin is not stable. I think this is a good thing, because if a coin is stable it will only stay in a single price and that is not good when it comes to trading and investment. If the price wont go high or low then it will not be worth it.
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manoj kumar k
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January 02, 2018, 03:34:38 PM |
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no bitcoin will not be stable because it is a type of share market the price of the coin will be keep on increasing or it will be keep on dicreaseing
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Games.Bitcoin
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January 02, 2018, 03:35:13 PM |
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At this stage, market manipulation is reigning down on BTC. I wouldn't expect stability for a while, if ever again
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fishbonez11
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January 02, 2018, 04:07:38 PM |
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Bitcoin is volatile. The USD conversion could go up or down or extremes. Maybe we can say that it stabilizes when it just plays around a small margin, but still it could still go up or down.
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ghost07
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January 02, 2018, 04:10:10 PM |
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wait for many btc fork price will increase again
Not all fork will make bitcoin price increase i think but majority maybe.
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khaled0111
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January 02, 2018, 04:11:47 PM |
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Bitcoin Price will not be stable at least during the next months or even during the next few years. People don't trust cryptocurrency yet and any small rumor can spread panic among traders and they will start selling at low prices. The Bitcoin price is basicly determined by the demand and supply low and since the community is not big enough, whales can manipulate the market whenever they want.
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darrly
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January 02, 2018, 04:13:53 PM |
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No. It is not stable because its value fluctuates as you can see in its latest graph, it is very likely to go down but generally its value goes high up. Thats why it is not stable.
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