DoublerHunter
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February 04, 2018, 02:31:34 PM |
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Bitcoin is not stable in my opinion because the price of bitcoin is very volatile as the price of bitcoin changes a lot from just a few weeks and that is the proof why bitcoin is not stable but it is profitable because with bitcoin you can easily make money by just jumping and joining the price ups and downs which is a really good opportunity for swing trades.
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matanglawin
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The Organic Growth Token
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February 04, 2018, 02:35:18 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 ?
Obviously, Bitcoin is not stable since it is naturally volatile. Its market value is always expected to change from time to time due to its volatility. I am not sure on when will it again reach 19000 USD. Just continue holding and wait for its value to increase. Surely, after a couple of weeks, its price will again increase. For now, invest to earn huge profit in the future.
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kashwin663
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February 04, 2018, 02:50:50 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 ?
No. because it is not supported by any regulatory authority.this have shown so much volatility in past years.It is showing a lot of volatility aslo because of uncontrolled speculation going on in it.
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adriaymati58
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February 04, 2018, 02:57:05 PM |
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I think bitcoin is going to stabilize soon. Maybe this spring we will see the better results. It just takes time so let's have patience
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The best is yet to come!
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halenephthys
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February 04, 2018, 03:06:04 PM |
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I don't think something that goes up to 19000USD and fell down to 7000USD can be called stable. As we all know bitcoin price changes a lot. It fluctuates from time to time. It may astronomically shoot up today and may drastically crash tomorrow. That's how bitcoin goes. And I don't think that we can call it stable. It may not be stable, its volatility helps a lot especially to traders and investors. They may earn a lot of profit if its price suddenly pump.
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Oasisman
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February 04, 2018, 03:12:18 PM |
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Obviously not, its has always been fluctuating when it comes first to the market, and this is mainly the reason why it attracts a lot of investors and traders because it has a very good potential of huge profit. Unlike the majority of altcoins, Bitcoin has a very high volatility. I guess it will become less volatile until the last piece is mined.
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jonas5222000
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February 04, 2018, 03:14:57 PM |
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I think bitcoin cannot be stable because many of investor was sell their bitcoin if the price is gettng high so it can affect the price of bitcoin and everyday the price of bitcoin was moving so i could say that it was not stable.
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jaylhynne018
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February 04, 2018, 03:17:45 PM |
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I think you mean "Is Bitcoin stable". Obviously not because base from the recent fluctuations, it has a potential to dip all the way down back again to 7000 USD. It is mainly because of the pumping of other alt coins that lowers the demands of bitcoin.
i think its not stable because as you see this past days bitcoin is still falling down and its possible to be dipper.
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babarian
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February 04, 2018, 03:19:00 PM |
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What I know the price of bitcoin is never stable, maybe even that one of the characteristics of this coin, in some countries is prohibited with one reason that the price of bitcoin is unstable
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AmericanBit
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February 04, 2018, 03:22:06 PM |
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Price of bitcoin have never been stable, but it never made it unpopular. And overall the tendency of bitcoin price is still growth
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klaybbj
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February 04, 2018, 03:22:57 PM |
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Bitcoin start now to be a real face of his value and that is good for a Leader coin like Bitcoin, now we don't see a big movement up like before but we see if really this coin deserve to have a high value or not and now I see Bitcoin start to be stable and if he will grow it will slowly and strong
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Rosilito
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Wish for the rain? Then deal with the mud too.
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February 04, 2018, 03:28:18 PM |
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We cannot put a certain answer into it, so I. Well, this 2018 is a long run for bitcoin to spike up again to reach its phenomenal value last 2017, maybe such ban issues is a major factor why bitcoin value drops at its not yet worst situation. Maybe if those countries that recently banned bitcoin would be a hook for bitcoin to reach again a high value.
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klebsiella
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February 04, 2018, 03:31:00 PM |
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Bitcoin is not stable, as what you have mentioned, it was and it is experiencing high fluctuations. It is by natural volatile, it's value is affected by its supply and demand can be altered due to publicity that it can be used for illegal activities or announcements being subject to tax purposes.
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Vinarianty05
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February 05, 2018, 01:14:03 PM |
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That's right, for now, bitcoin has not been distracted at all after a very significant increase by the end of 2017...
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Dudeperfect
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February 05, 2018, 01:19:49 PM |
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Bitcoin is somewhat stable but not for more than a week. The current price fluctuation is a result of panic selling and smart investing from the investors. We have seen a huge price rally in the last quarter of the last year and now the correction is taking place so we are in the turbulence phase and I don't see any reason to worry considering the long term.
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ronafurw
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February 07, 2018, 10:30:01 AM |
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Nope just like what's happening now, the bitcoin price is unstable
Must unstable. You can’t predict what is going to happen next day. Like in last month of 2017 bitcoins were revolving around $7000 in the start, and then people witnessed the amazing hype bitcoins had made so far. They went like $20000 and been there for a week or two. But see it now, it seems they didn’t been to high price than this before. You are always seeing prices getting down and going up.
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Anna567
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February 07, 2018, 10:33:40 AM |
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Bitcoin is volatile. It is certain. From its appearance to the current price volatility, people who know bitcoin investment mainly know that investing in bitcoin requires a lot of courage and technology.
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wndrbr3d
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February 07, 2018, 10:37:40 AM |
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It has a great volatility (as each another crypto except tether ) but it is the oldest one. In most cases BTC is used as a buffer between fiat and different coins - because most of all coins can be traded only for BTC.
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shawn995
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February 07, 2018, 10:39:28 AM |
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NO, you should know that bitcoin price is volatile and due to this volatility property all traders are getting chance of trading if bitcoin price stable then traders will be stop trading here because they will not get a chance of doing trading like buying and selling.
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Genosx
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February 08, 2018, 06:49:17 PM |
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No, the company of bitcoin is not stable since the price is always fluctuates in the market. The good thing about it is the investors earns lots of income through buy and sell or simply means trading. So it is a unique feature of bitcoin in other investments.
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