greeklogos
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January 02, 2018, 08:15:44 PM |
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Bitcoin will never be stable. This is the reason why many economists call it as a speculative instrument. The price is changing very quickly and the change can be like 20% during the day and thats a lot.
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Fleshslasher
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January 02, 2018, 08:20:37 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 ?
I think for now the status of bitcoin its not so stable. But I hope in near future it became stable. So everyone can easy to used bitcoin. And the value also of bitcoin it became higher and higher. When the price of Bitcoin is stable i think that many people will leave. The investors will not like this, because they invest to gain money. If it becomes stable they would have no purpose left to invest.
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Anti-Cen
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High fees = low BTC price
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January 02, 2018, 08:37:46 PM |
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What are reason for that kind fluctuations ?
Well three reasons for the price dropping over the past two weeks 1. Fees 2. Higher fees 3. Even more fees Now I know, i know it's all going to get much better with the Lightning network (LN) See https://www.youtube.com/watch?v=MpfvhiqFw7A (Pro LN Version) Bob >>>>>Hub1 <><><><><><><Hub2<<<<<<Alice Bob wants to send Alice $1.00, does not know her and will never send Alice money again and it's the only transaction Bob will do this month so lets look at the invoice Alice $1.00 Hub Fee $4.50 Hub to hub gets fees too, spread it out to banks customers, sorry I mean hubs Block-Chain T-Fee $45.00 as your balance is settled at the end of the month with the hub/bank oh and to make things nice and quick the rip-off miners will be running the hubs so like I said things will be getting much better for the monopoly of miners if you would like to see a much more simple version of how things are really going to work then see https://www.youtube.com/watch?v=UYHFrf5ci_g Must mention the buzz word here "Smart Contracts" because they nicked it from ETH but it's really is not the same thing but it sounds good right !
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Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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BitSat
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January 02, 2018, 08:43:58 PM |
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Bitcoin will never be stable. This is the reason why many economists call it as a speculative instrument. The price is changing very quickly and the change can be like 20% during the day and thats a lot.
Yea most of economist and big business not like this bitcoin because of manipulation they believe its just pump and dump thing and its true this can go very high and down very quickly without any prior notice this cannot be stable in future because this is nature of bitcoin and its all about this
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crypto_Butterfly
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January 02, 2018, 08:49:32 PM |
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I dont think the price stabilized yet, Todays its going up now. I hope it will go reach 20K now.
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Anti-Cen
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High fees = low BTC price
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January 02, 2018, 08:56:36 PM |
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Yea most of economist and big business not like this bitcoin because of manipulation they believe its just pump and dump thing and its true this can go very high and down very quickly without any prior notice this cannot be stable in future because this is nature of bitcoin and its all about this
Listen to this scammer taking pre-planned questions from people in the crowd https://www.youtube.com/watch?v=vPnO9ExJ50AWell he says at 3:40 that Hubs will need to carry out transactions based on minimal profit or else other hubs (Banks) will undercut them and push them out the market. Yeah sure it will just like we have now with miners charging us $45 just to process 250 bytes of data and these speakers can throw as much fog into the air as they like trying to hide behind technical terms that change with the weather but they are getting nothing past me, I see whats going on.
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Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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Minijo77
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January 02, 2018, 08:58:15 PM |
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It is not stable and will not be for a long time. We should be happy because it is the reason why we are making profits.
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reymartH
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January 02, 2018, 11:29:20 PM |
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bitcoin has no mechanism to stabilize either its price in some reference currency or its purchasing power. The difference between bitcoin and fiat money is not just volume but backing by assets and some willingness to use those assets to ensure value.
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jorgeleon23
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January 02, 2018, 11:36:58 PM |
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once E-stores and offline stores start accepting BTC as a payment method, BTC would be more stable than it actually is. So far bitcoin is seen as an investment opportunity.
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wahyu.prist
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January 02, 2018, 11:51:42 PM |
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After knowing my bitcoin starting from now will do transaction with bitcoin in appeal to other currency. Thanks
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kotajikikox
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January 02, 2018, 11:55:01 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 ?
on that time bitcoin goes dump because the reason people need money cashing out the investment so bitcoin automatically dump the price because the market stock decrease.
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wahyu.prist
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January 02, 2018, 11:57:12 PM |
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I think bitcoin remains stable in the range of 19000 s / d 12500
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PX-Z
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January 03, 2018, 12:54:00 AM |
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It's not totally stable, because other user's sold their BTC's to secure their funds for past event on Christmas and new years eve.
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Pink Panda
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January 03, 2018, 01:17:04 AM |
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Bitcoin's Price really cant be stable ..but its a good thing if its prices are down its a good time for us to buy and Invest in other coins also..But Im also Exploring more Answers about these Cryptocurrencies and its really Interesting to explore and learn more of it
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Renai0925
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January 03, 2018, 01:27:52 AM |
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And this is why people should understand the risk of the cryptocurrencies' volatile nature. We should expect the worst when will bitcoin's value suddenly drops. On the plus side you could buy the bitcoin at its low price so you can wait for it to go up again!
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newgal2017
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January 03, 2018, 01:39:39 AM |
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Bitcoin and other cryptocurrency has no stabilize movement in its value in the market because the quantity of the supply and demand in the market is inconstant. It is a volatile system for no one knows when will the value of these currencies will increase and when will they go down. It is reliant on the amount of funds people invested in and as well as what they cashed out. But, the good thing is that we have something to look forward to because when Bitcoin price goes down we can have the chance to buy them for a cheap price, hold them and wait for the price to go up then sell the coins to earn profit.
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silent17
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January 03, 2018, 01:46:15 AM |
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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 ?
For me, I think bitcoin still has what it take to pump up again, base on the recent event, Like on july, when bitcoin still in 140,000 php, It deep to 89,000 php back then. after that it rises to 200,000 php so i think bitcoin is just getting ready for another pump, so for now, I will just hold my BTC and hope for the best.
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ASHLIUSZ
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January 03, 2018, 01:55:33 AM |
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If bitcoin becomes stable, this could surely lose the uniqueness. At present being decentralized has made bitcoin to be uncontrolled and show signs of fluctuations providing path for more earning opportunities. From my personal experience, bitcoin is quite stable to certain extent.
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amih
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January 03, 2018, 02:00:52 AM |
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bitcoin is very pluctive and I think it will never stabilize because bitcoin is a decentralized virtual and nobody can control it.
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ngerok
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January 03, 2018, 02:16:16 AM |
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If bitcoin becomes stable, this could surely lose the uniqueness. At present being decentralized has made bitcoin to be uncontrolled and show signs of fluctuations providing path for more earning opportunities. From my personal experience, bitcoin is quite stable to certain extent.
that's right, Bitcoin is unique because it has a high price, a good future and an attractive price fluctuation so we can make a profit when Bitcoin starts to move down or up
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