Why is bitcoin price so stable in 2018?

[patt0]

The market is not that stable in 2018. We already have a dip of 50% or so, and from my point of view that is not stagnation. It's perfectly normal after a correction for things to cool down a bit, since the market needs to consolidate. I think things will warm up again in February because price already got tighten enough and it will break. I don't know if it is bullish or bearish, so I will just wait for a clear break.

For me the levels are $9900 support and $11734 resistance. A break above or bellow those levels will probably indicate Februaries trend. Since the price is a little closer to resistance right now, I'm expecting a bullish break. Trading is not predicting the future of course, is just seeing patterns and reacting, so like I said, I will wait for the break.

[1715023404]

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[St4yInTh3D4rk]

What do you think is happening?

I don't think bitcoin price is stablilized,still there is much price volatility between $10K to $12K.

Is people hoding less their coins?

What do you mean by holding less coins?Many people are in panic and selling their coins but now the condition returning to normal I think.

Is there more manipulation by big whales, speculators or big institutional investors trying to profit the flavour of the moment?

I feel that there are big players "pumping and dumping" in order to manipulate the market to stabilize price and "control" in a certain way the price fluctuation.

Obviously bitcoin is very dangerous for our old corrupted economy, don't you think that in acertain way there's an unusual stop of the past few months trend?
After reaching $20k there's a correction to $17k and then price stabilizes at 11-12k with mini-dips that last seconds before going uptrend...

In my opinion the key factor could be also that if bitcoin reaches $30-50k then it will be very difficult for newcomers to buy bitcoin for buying altcoins in the exchanges.

So that stabilizing the price to an affordable $10k for a while could be a way to engage more people to bitcoinworld.

Or maybe it's all ok, there's no manipuation, it is a stanby before the big run to $50k-100k. Then newcomers will start buying and trading in Ethereum or Litecoin, because at the moment there aren't exchanges accepting fiat money, you have to enter and buy your altcoins directly with cryptocurrencies...

Which in your opinion are the main reasons?

There are chances for manipulation of prices by big whales but bitcoin is going to increase in the future for sure,so it is better to grab coins when it is available for sure.I think in the way that it is a dump before a big bump as you said $50K and I hope it is still possible to reach in 2018 itself.

[liuqi]

Yes it is very stable indeed 20K to 10K  I can't imagine bitcoin with a stable price. But it seems it will be more stable overtime.

Bitcoin is decentralised cryptocurrency so it is not stable in a market. Because any time it will raise or fall in the crypto market it is just a common strategy of cryptocurrency. But it will be pump again in market it can't predict easily and no one should imagine the exact situation in crypto market. In current market is fluctuating 10k USD to 12k USD it will raise soon in market.

[usekevin]

Now the market is on the correction after a prolonged growth in the autumn and winter of last year. After correction, there will be growth again. This is the standard situation for the market. There is no constant growth. Probably whales hold the price of bitcoin, that would be crammed with bitcoin before the price rises.

Since the price of bitcoin is low for now,the transcation fee is low.When the price of bitcoin around 19k$,the transcation fee is 0.0012 Btc.Now it's half of the old transcation fee.The price of bitcoin is low,this may be the one of the reason for this stable transcation fee for long.

[BTCeminjas]

As you compared the chart of bitcoin price movement between last few years and this recently year, i saw that it is natural having a corrections of bitcoin price every first quarter of the year. Luckily the price was not totally dip it is stable in markets, beside it is the right time to purchased more bitcoin and stock it all in your portfolio. They speculated that maybe at the second quarter of the year maybe bitcoin bouncing back again.

[Stedsm]

What do you think is happening?

Contracts ended 10 days ago and ended at $10900, let us wait for the markets to decide the new values where they want to see Bitcoins at.

Is people hoding less their coins?

Maybe, because when a major entity or group decides to break the bars and create a panic situation, small investors always become the "sacrificial goat" and get cut by them when they sell their own coins too at much cheaper prices to these whales.

Is there more manipulation by big whales, speculators or big institutional investors trying to profit the flavour of the moment?

Looks like there is because without them, who can throw the values down 40% in a day?

I feel that there are big players "pumping and dumping" in order to manipulate the market to stabilize price and "control" in a certain way the price fluctuation.

This is where "Centralization" comes in, we really don't know who controls what and how they can affect the values, but it's surely not just one person who is doing all this.

Obviously bitcoin is very dangerous for our old corrupted economy, don't you think that in acertain way there's an unusual stop of the past few months trend?
After reaching $20k there's a correction to $17k and then price stabilizes at 11-12k with mini-dips that last seconds before going uptrend...

I think the pin-drop silence Bitcoin has maintained, has something very huge hidden within itself for its future.

In my opinion the key factor could be also that if bitcoin reaches $30-50k then it will be very difficult for newcomers to buy bitcoin for buying altcoins in the exchanges.

So that stabilizing the price to an affordable $10k for a while could be a way to engage more people to bitcoinworld.

Wait! Did you just say $10k is an affordable price for newcomers? Can they even think of buying a whole Bitcoin?

[@DonFidel]

Yes it is very stable indeed 20K to 10K  I can't imagine bitcoin with a stable price. But it seems it will be more stable overtime.

Imho it is good that it is not stable! It gives to all of us geeat opportunities to make decent quick money!

Alsi, take a look at the btc graph in dec'16-jan'17. Looks similar to me.

[mrcash02]

Price manipulation is a good possibility. Or, lack of updates in BTC. Investors put some pression in Bitcoin to fix the issue with expensive fees and slow transactions by letting the price "tepid". Sooner as more news about Lightning Network appears, Bitcoin price will start increasing its price again with a promise of huge pump when it's implemented. The problem is that there isn't a prevision date yet.

[velive08]

the current trend of declining coin prices to the lowest point including bitcoin. but we do not have to worry about it because only the bitcoin is still stable and not affected by the drastic price reduction.
bitcoin proves if it has the strongest position in cryptocurrency, so this is just manipulation and bitcoin will still have a stable price.

[Silberman]

What do you think is happening?

Is people hoding less their coins?

Is there more manipulation by big whales, speculators or big institutional investors trying to profit the flavour of the moment?

I feel that there are big players "pumping and dumping" in order to manipulate the market to stabilize price and "control" in a certain way the price fluctuation.

Obviously bitcoin is very dangerous for our old corrupted economy, don't you think that in acertain way there's an unusual stop of the past few months trend?
After reaching $20k there's a correction to $17k and then price stabilizes at 11-12k with mini-dips that last seconds before going uptrend...

In my opinion the key factor could be also that if bitcoin reaches $30-50k then it will be very difficult for newcomers to buy bitcoin for buying altcoins in the exchanges.

So that stabilizing the price to an affordable $10k for a while could be a way to engage more people to bitcoinworld.

Or maybe it's all ok, there's no manipuation, it is a stanby before the big run to $50k-100k. Then newcomers will start buying and trading in Ethereum or Litecoin, because at the moment there aren't exchanges accepting fiat money, you have to enter and buy your altcoins directly with cryptocurrencies...

Which in your opinion are the main reasons?

There is manipulation but I think this is just the calm before the storm, bitcoin could not keep up the rate of growth we had seen in the previous months, at some point it needed to stop, even if I was excited to see the price that high I needed a break, bitcoin was moving so fast that you could not take your eyes off the monitor in fear you may lose some of the action now that we have returned to a more stable price we can return to our normal behaviors.

[elloco4ever]

As you compared the chart of bitcoin price movement between last few years and this recently year, i saw that it is natural having a corrections of bitcoin price every first quarter of the year. Luckily the price was not totally dip it is stable in markets, beside it is the right time to purchased more bitcoin and stock it all in your portfolio. They speculated that maybe at the second quarter of the year maybe bitcoin bouncing back again.

Second quarter of the year is a boon for all the bitcoin users and investors as this second quarter of the year proves to be the most profitable part of the year for bitcoin then then the last quarter of the year up until the last week of the year as we see most of the dips happening from the last week of december till March next year.

[Shenzou]

What do you think is happening?

Is people hoding less their coins?

Is there more manipulation by big whales, speculators or big institutional investors trying to profit the flavour of the moment?

I feel that there are big players "pumping and dumping" in order to manipulate the market to stabilize price and "control" in a certain way the price fluctuation.

Obviously bitcoin is very dangerous for our old corrupted economy, don't you think that in acertain way there's an unusual stop of the past few months trend?
After reaching $20k there's a correction to $17k and then price stabilizes at 11-12k with mini-dips that last seconds before going uptrend...

In my opinion the key factor could be also that if bitcoin reaches $30-50k then it will be very difficult for newcomers to buy bitcoin for buying altcoins in the exchanges.

So that stabilizing the price to an affordable $10k for a while could be a way to engage more people to bitcoinworld.

Or maybe it's all ok, there's no manipuation, it is a stanby before the big run to $50k-100k. Then newcomers will start buying and trading in Ethereum or Litecoin, because at the moment there aren't exchanges accepting fiat money, you have to enter and buy your altcoins directly with cryptocurrencies...

Which in your opinion are the main reasons?

We can not truely know the real reason behiend this change in price, but i think that there are tow reason that have lead to this, first are the transaction time and fees; in the last few months of 2017 the bitcoin network have seen a huge traffic that lead to the miner fees going up to some crazy numbers, and th transactions taking days weeks and even months to get confirmed which has made trading bitcoin an impossible thing, the sconde reason would be regulations; Bitcoin and cryptocurrency in general have became a multi million dollar industry, which has put the govermments in a situation where they need to either accept it or bann it, so investors right now are holing their money, to make sure theier investment whon't be illeagal, but i am sure that in the near future all of this will be behiend us and the prices will go back to going up again.

[Aleister Crowley]

I am not seeing any stability of bitcoin rather a bearish market of it. This I think is normal, last year this was also felt. Plus, we had been hearing news about the government's action against bitcoin so this factor would be affecting.

the effect of the number of governments and states that banned bitcoin is very much felt, but all this is quite profitable for traders because significant price movements can make us profit from there.,

[margert]

What do you think is happening?

Is people hoding less their coins?

Is there more manipulation by big whales, speculators or big institutional investors trying to profit the flavour of the moment?

I feel that there are big players "pumping and dumping" in order to manipulate the market to stabilize price and "control" in a certain way the price fluctuation.

Obviously bitcoin is very dangerous for our old corrupted economy, don't you think that in acertain way there's an unusual stop of the past few months trend?
After reaching $20k there's a correction to $17k and then price stabilizes at 11-12k with mini-dips that last seconds before going uptrend...

In my opinion the key factor could be also that if bitcoin reaches $30-50k then it will be very difficult for newcomers to buy bitcoin for buying altcoins in the exchanges.

So that stabilizing the price to an affordable $10k for a while could be a way to engage more people to bitcoinworld.

Or maybe it's all ok, there's no manipuation, it is a stanby before the big run to $50k-100k. Then newcomers will start buying and trading in Ethereum or Litecoin, because at the moment there aren't exchanges accepting fiat money, you have to enter and buy your altcoins directly with cryptocurrencies...

Which in your opinion are the main reasons?

We can see that the price of bitcoin is increasingly steady and unchanging. By the end of 2017, the price of a bitcoin has reached $ 20,000, but after the contract has been signed, in the beginning of 2018 the price of bitcoin has fallen by nearly 50% and since then the price of bitcoin has fluctuated not much and only fluctuate around $ 8000-$ 12,500. It shows that the more popular the bitcoin is, the more it is recognized by many countries, the more stable it is, which shows more stability .

[Lazada]

I am not seeing any stability of bitcoin rather a bearish market of it. This I think is normal, last year this was also felt. Plus, we had been hearing news about the government's action against bitcoin so this factor would be affecting.

the effect of the number of governments and states that banned bitcoin is very much felt, but all this is quite profitable for traders because significant price movements can make us profit from there.,

The incident can indeed have a negative and positive impact. Some people like traders certainly take advantage of the decision. Even a trader will probably hate stable bitcoin prices, they want a condition that often changes because then they can easily make a profit. Everyone has his own interests and now bitcoin prices are quite stable after a while ago there was a price chaos. But I am sure this will not last long, bitcoin prices will experience the incident as it has passed, we must be prepared to face it and calculation then the digital currency never experienced stable condition, this is because it all depends on the demand factor and this is the hallmark of digital currency.

[criz2fer]

I feel that there are big players "pumping and dumping" in order to manipulate the market to stabilize price and "control" in a certain way the price fluctuation.

There's always big player in the market and dont just make it a gut feel which are already present. We all know here about these whales and it will just depend on when and what coins they are pumping and dumping.

Or maybe it's all ok, there's no manipuation, it is a stanby before the big run to $50k-100k. Then newcomers will start buying and trading in Ethereum or Litecoin, because at the moment there aren't exchanges accepting fiat money, you have to enter and buy your altcoins directly with cryptocurrencies...

Which in your opinion are the main reasons?

I think its still the FUD which makes the price a little stable up to this month. Also, Chinese new year is coming, a lot of people again are withdrawing because of these occasion.

[Xenrise]

I am not seeing any stability of bitcoin rather a bearish market of it. This I think is normal, last year this was also felt. Plus, we had been hearing news about the government's action against bitcoin so this factor would be affecting.

Yes, bitcoin is at its bearish market right now. And on its bearish market, there were a lot of factors affected the market. And it's so ridiculous that many things made this effect. Those things made bitcoin's price go down so hard. Like those many fuds such as JP Morgan, bitconnect and many more. I wonder when will bitcoin will retain its price, but I am more certain that in February, it will.

[vijendra singh]

It is strange this time. It has been long time and BTC is not moving up an fact it has created panic situation. What i think there might be few reasons-
1. Big players pumping and dumping
2. BCH is getting strong
3. Investors are investing more in Altcoins as they are loosing confidence
4. It is risky zone. No chances of Short
5. In fact if we go for long using Leverage there is risk of getting liquidated as it may go down by 2000$ anytime

[Reid]

So it will better to buy right now. Let them sell all their coins and I hope they regret it afterwards.
I believe in holdinhg it. Somehow there will be a big pump this year.

About the stability.
We just got used to a higher number of pumps and dumps and now we are thinking it is already in moderation.
But it is not. 300-400 dollars is a lot of movement.

[Bitcoincole]

It is strange this time. It has been long time and BTC is not moving up an fact it has created panic situation. What i think there might be few reasons-
1. Big players pumping and dumping
2. BCH is getting strong
3. Investors are investing more in Altcoins as they are loosing confidence
4. It is risky zone. No chances of Short
5. In fact if we go for long using Leverage there is risk of getting liquidated as it may go down by 2000$ anytime

Well, at this moment the value of bitcoin is likely the same as of January 2017. The reason is that many of our investors have withdraw there bitcoin from the last of december until the first week of January 2018. That makes it happen in the market have a lot of supply vs. the demand. Some of them are investing into potential altcoin because they think it can earned 10x as the price of altcoin now are so low a chances to buy a lot so they can guarantee that soon as altcoin will pump it has huge profit.