The markets are finaly stabilizing.

[Hell-raiser]

And what you're saying about volatility isn't really the case either, volatility has been dropping since 2010, though the last couple of months we have seen a little spike upwards again.



And of course we can see the prices move every day, that's the case with every currency, there wouldn't be a market if that wasn't the case.

To tell the truth, I don't think we can compare the volatility of 2010 with what we have today. The reason is rather straightforward. Back in the day the monetary supply of new coins relative to the total amount of coins in circulation was very high, so volatility was sort of a given back then. Today is different. New coins make up only a small percentage and thus what we see these days can be loosely called a pure, pristine form of volatility mostly free of disturbances due to the influx of new coins.

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[ViolaMarantina]

calm before the storm
i think this consolidation moves will last longer
but i think in this condition is not good for trader 
good waves is good gain and also high risk

and also, this calm wave will be break probably in mid year

[coolcoinz]

It looks like we are going back to confirm the bottom. Honestly I wasn't expecting it to start going down again like that but it will either stop before the previous bottom or touch it and go back up.

calm before the storm
i think this consolidation moves will last longer
but i think in this condition is not good for trader 
good waves is good gain and also high risk

We've just witnessed the storm last week!

and also, this calm wave will be break probably in mid year

In which direction?

[Dudeperfect]

It seems like market stabilizing but I don't think that it will continue in this position for a longer term and I am expecting a positive momentum after the first quarter of this year and it will keep growing in the rest of the year. Current price fall is a result of price rally of the previous year and considering the world's perception and media coverage as well as social media sentiments I am sure about the increase in the user base and indirectly in the price. but this time we cannot ignore the altcoins too.

[bitllionaire]

It looks like we are going back to confirm the bottom. Honestly I wasn't expecting it to start going down again like that but it will either stop before the previous bottom or touch it and go back up.

calm before the storm
i think this consolidation moves will last longer
but i think in this condition is not good for trader 
good waves is good gain and also high risk

We've just witnessed the storm last week!

and also, this calm wave will be break probably in mid year

In which direction?

i am not expecting that the price of bitcoin will not come down below 10000$, i think that this time when the price of bitcoin will start increasing we will see the price of bitcoin trading above 20000$, although the bitcoin price is currently decreasing but still we can see that investors are not selling bitcoin. They are still holding bitcoin and hoping that bitcoin price will start increasing again.

[bob3772]

It looks like we are going back to confirm the bottom. Honestly I wasn't expecting it to start going down again like that but it will either stop before the previous bottom or touch it and go back up.

calm before the storm
i think this consolidation moves will last longer
but i think in this condition is not good for trader 
good waves is good gain and also high risk

We've just witnessed the storm last week!

and also, this calm wave will be break probably in mid year

In which direction?

i am not expecting that the price of bitcoin will not come down below 10000$, i think that this time when the price of bitcoin will start increasing we will see the price of bitcoin trading above 20000$, although the bitcoin price is currently decreasing but still we can see that investors are not selling bitcoin. They are still holding bitcoin and hoping that bitcoin price will start increasing again.

It's quite a logical assumption that we will find the bottom again higher than we did last time, probably above $10k and that this time then there will be more confidence in a recovery. The questions will start to arise if we go to a new low, beyond the ~9500 of last time. That's when panic could set in and we could really be in to murky waters.

[MMA]

It looks like we are going back to confirm the bottom. Honestly I wasn't expecting it to start going down again like that but it will either stop before the previous bottom or touch it and go back up.

calm before the storm
i think this consolidation moves will last longer
but i think in this condition is not good for trader 
good waves is good gain and also high risk

We've just witnessed the storm last week!

and also, this calm wave will be break probably in mid year

In which direction?

i am not expecting that the price of bitcoin will not come down below 10000$, i think that this time when the price of bitcoin will start increasing we will see the price of bitcoin trading above 20000$, although the bitcoin price is currently decreasing but still we can see that investors are not selling bitcoin. They are still holding bitcoin and hoping that bitcoin price will start increasing again.

It's quite a logical assumption that we will find the bottom again higher than we did last time, probably above $10k and that this time then there will be more confidence in a recovery. The questions will start to arise if we go to a new low, beyond the ~9500 of last time. That's when panic could set in and we could really be in to murky waters.

I hope this time the 10000$ level will not break again, people have good expectation from bitcoin price and therefore they are still holding it, i do not think that there is are such bad news in market which can cause the price of bitcoin to dump but its just a psychological barrier and hope that once people will get confident then the price of bitcoin will once again start increasing.

[Betwrong]

It looks like we are going back to confirm the bottom. Honestly I wasn't expecting it to start going down again like that but it will either stop before the previous bottom or touch it and go back up.

calm before the storm
i think this consolidation moves will last longer
but i think in this condition is not good for trader  
good waves is good gain and also high risk

We've just witnessed the storm last week!

and also, this calm wave will be break probably in mid year

In which direction?

i am not expecting that the price of bitcoin will not come down below 10000$, i think that this time when the price of bitcoin will start increasing we will see the price of bitcoin trading above 20000$, although the bitcoin price is currently decreasing but still we can see that investors are not selling bitcoin. They are still holding bitcoin and hoping that bitcoin price will start increasing again.

It's quite a logical assumption that we will find the bottom again higher than we did last time, probably above $10k and that this time then there will be more confidence in a recovery. The questions will start to arise if we go to a new low, beyond the ~9500 of last time. That's when panic could set in and we could really be in to murky waters.

I hope this time the 10000$ level will not break again, people have good expectation from bitcoin price and therefore they are still holding it, i do not think that there is are such bad news in market which can cause the price of bitcoin to dump but its just a psychological barrier and hope that once people will get confident then the price of bitcoin will once again start increasing.

I agree with you. There are two reasons actually why the price of BTC is going down these days. The first one is what you described as a psychological barrier which is hard for many newcomers to push through. Knowing that price of Bitcoin was staying at much lower levels for years it's hard to believe that $20k is just another step up and that BTC can go up further. Some people, newcomers especially, think it was a peak from where there's only one way, down. But they are wrong and it wouldn't hurt them to know the second, and probably the main reason of the current bloodbath in the world of crypto. Big whales want to collect more coins and being smart they do everything they can to lower the price so they could buy more for the same amount of fiat.

[fredo123]

Finally the market are stabilizing, but my concern is that how long could bitcoin maintain its stability, since we all know the highest amount was at a bracket 18k to 19k$. I buy bitcoins when the amount is in 17k, How i wish i could get back my capital. That is my biggest lose so far:(

[Bigpiggy01]

Finally the market are stabilizing, but my concern is that how long could bitcoin maintain its stability, since we all know the highest amount was at a bracket 18k to 19k$. I buy bitcoins when the amount is in 17k, How i wish i could get back my capital. That is my biggest lose so far:(

It depends on how you structure your investment. I always average my purchase price over time and compare that to the market. Are you counting the BTG amd BCH splits as well?
Plus when you see wild spikes, having x % of holding sitting on the orderbooks somewhere to buy the following dip is never a bad idea. I sold Y @15k then covered some of that at 13 and am covering more now.
Buy and HODL 100% is just insanity.
The % you keep on the orderbooks needs to be constantly adjusted to prevent losses from getting out of hand and stimulate additional growth.

[@prashant]

Yup it will go one more correction before btc future contract end on jan 26,i am expecting a pump towards 20k-25k in feb-march .these corrections are normal and happen every year but crypto regain with much more pump and dump.

[jointherevolution]

Yup it will go one more correction before btc future contract end on jan 26,i am expecting a pump towards 20k-25k in feb-march .these corrections are normal and happen every year but crypto regain with much more pump and dump.

I've seen the charts of Bitcoin during the same time every year and it always experiences a big dip. Based on that, I don't know whether we're out of the woods yet so I'm inclined to agree with you.

[googs84]

I think we are still far from that ground breaking thing which we expect to happen everyday. But I don't think we have averaged anything yet because just look at the market today and the number of pending transaction over the blockchain.

If these things don't wrap up soon enough then people might just switch over to currency like ETH or LTC and make them master piece of this year. In technical way we have to workout the math.

[onrise]

Yup it will go one more correction before btc future contract end on jan 26,i am expecting a pump towards 20k-25k in feb-march .these corrections are normal and happen every year but crypto regain with much more pump and dump.

At present it seems that it will fall back below 10k as currently it is around 10300. It can even test 9k levels and go to 8k if does not found the resistance. January are like his only and as usual people would be doing panic sell and suddenly the market will boom and rise within few days to 12 - 13k after this fall.

[zarados]

It looks like we are going back to confirm the bottom. Honestly I wasn't expecting it to start going down again like that but it will either stop before the previous bottom or touch it and go back up.

calm before the storm
i think this consolidation moves will last longer
but i think in this condition is not good for trader 
good waves is good gain and also high risk

We've just witnessed the storm last week!

and also, this calm wave will be break probably in mid year

In which direction?

i am not expecting that the price of bitcoin will not come down below 10000$, i think that this time when the price of bitcoin will start increasing we will see the price of bitcoin trading above 20000$, although the bitcoin price is currently decreasing but still we can see that investors are not selling bitcoin. They are still holding bitcoin and hoping that bitcoin price will start increasing again.

The current continued decline could be due to CME's first bitcoin contract that will expire on january 26. So that the owners of cryptocurrency thought that the decline that occurred 2 weeks ago will be repeated. I also hope the bitcoin price is no longer back at the point below $ 10k, because if that happens, most likely $ 8k will be the next down point. Today's chart shows $10050 as the lowest price.

[Hell-raiser]

It looks like we are going back to confirm the bottom. Honestly I wasn't expecting it to start going down again like that but it will either stop before the previous bottom or touch it and go back up.

calm before the storm
i think this consolidation moves will last longer
but i think in this condition is not good for trader 
good waves is good gain and also high risk

We've just witnessed the storm last week!

and also, this calm wave will be break probably in mid year

In which direction?

i am not expecting that the price of bitcoin will not come down below 10000$, i think that this time when the price of bitcoin will start increasing we will see the price of bitcoin trading above 20000$, although the bitcoin price is currently decreasing but still we can see that investors are not selling bitcoin. They are still holding bitcoin and hoping that bitcoin price will start increasing again.

The current continued decline could be due to CME's first bitcoin contract that will expire on january 26. So that the owners of cryptocurrency thought that the decline that occurred 2 weeks ago will be repeated. I also hope the bitcoin price is no longer back at the point below $ 10k, because if that happens, most likely $ 8k will be the next down point. Today's chart shows $10050 as the lowest price.

I don't think Bitcoin futures have anything to do with the current price decline.All such futures are cash settled, and they don't require real bitcoins to be delivered on the contract expiry. Moreover, you don't even get your profit credited to your account on the expiry day, if there is any, of course.

In fact, your account is settled at the end of each day you have a contract and at some exchanges even twice a day. This process is called clearing. As it stands, there is no way cash-settled futures can affect real prices. Basically, all they do is track the prices at some other major exchange where real bitcoins are traded.

[olubams]

I've been looking at the charts and it looks like we may now have enough participants to average things out properly.
NO more neuronal spikes in the charts.

Mining Fees

Cost per Transaction
Cost % of transaction volume
Total Transaction Fees in USD
Total Transaction Fees

Mining Hash Rate

Hash Rate
Miners Revenue

Average number of Transaction
This is the only worrying aspect of bitcoin at the moment, the transaction volume, it has to be scaled up, we are limiting the scope of our customers.
Larger and larger investors are coming in, and this bottleneck is causing serious problems to get that money in the Blockchain ecosystem.


We may start seeing some true stability now... the wildness has dropped significantly.

The statistics you have is just for the last couple of days and its on an average which is not enough to conclude that we have achieved an equilibrium position because at times when things are down, its assume that stability has been achieved which would be a wrong conclusion because the market is still subjected to high level of growth that we don't even know about. What we should do is to play along, invest when you can and wait till the times peak activities will return.

[dogandogru]

Volatility has been decreased in last few days and now Bitcoin seems like stabilizing @ $10k-12k now. Experts say that BTC price is pulling down because of CME future short trading and FUD created in South Korea about Bitcoin ban.

[Captain_Planet]

Unfortunately they are still not stabilizing, The prices are still still just over 10K for bitcoin and rest of the alts are also close to bleed.

[jdbtracker]

 Previous volatility has to be taken into account, it was very wild in the beginning $1 to $1200 that's huge, 500 to 20,000? not that bad.

 Look at the smaller coins with million dollar caps, they are very unstable. The time required to make a position, the number of positions available, the number of participants capable of a position, the average value of each position, average position of knowledgeable participants and most importantly of all the negative correlation of participants exiting the system.

The statistics you have is just for the last couple of days and its on an average which is not enough to conclude that we have achieved an equilibrium position because at times when things are down, its assume that stability has been achieved which would be a wrong conclusion because the market is still subjected to high level of growth that we don't even know about. What we should do is to play along, invest when you can and wait till the times peak activities will return.
   

Look at the cost of the transactions, it has become 1% of all the transactions and that 1% is $100 American dollars, this is showing the strength of the position of participants, how much are they willing to put to be part of this? They are hedging my friend, they are borrowing from the banks to get in on this. The miners have seen a massive boost in profits, What are they going to invest in to maintain their edge?
 The hashrate is defending hundreds of merge mined coins, their profits are way bigger than they look, the technology R&D being dropped into this is going to be staggering. But it's only staging, me are still at the whim of the confidence of participants, their average investment and regular participation... if they can't buy something with any of the blockchain coins.. that's it we are screwed.