Why is bitcoin price so stable in 2018?

[onrise]

If you are talking of price correction, yes. But there is nothing to show the price is stable. The level of FUD is very high, giving way to panic selling.

It is because of such ignorant people who are getting involved and cannot handle the pressure which makes then sell the coins in this panic selling moment. If people just hold it and do not sell automatically price will come where buyers will buy at greater price than the seller who is selling at lower price during panic selling mode. This will actually give them only the higher price than they selling at lower price

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[astridplomp]

I will have to admit, no matter what happen in the future, as long as there are big whales that still dominating the market then the price of bitcoin will not be easily to become stable, to make bitcoin become stable in such a short time, we need a very long time to grow and develope new regulations and systems that can make bitcoin under control price. it may become stable but it will be a very far future.

[proTECH77]

The price of bitcoin is far from stable and there can never be any market that is stable. The market must experience an up and down movement. The price of bitcoin was only lingering within a range, which has now gone below that range. The stability of the currency cannot be determined.

[GoodLuck2]

People feel that bitcoin has rally so much in 2017 despite all the negativity and several fork trying to limit bitcoin growth. The saw bitcoin that was resilient and solid. I think people's confidence in bitcoin have grown to a point where bitcoin is consider as an asset both for now and especially for future.

Bitcoin has earned this trust after too much hard work. It was never easy for bitcoin to be on the top of the list of crypto currencies and to maintain its position. The market is full of competition and the thing is that bitcoin has the largest market among all right now and people are really after this coin because at present it is accepted worldwide. Even now billionaires have started investing into this mighty coin.

[whyrqa]

People feel that bitcoin has rally so much in 2017 despite all the negativity and several fork trying to limit bitcoin growth. The saw bitcoin that was resilient and solid. I think people's confidence in bitcoin have grown to a point where bitcoin is consider as an asset both for now and especially for future.

Bitcoin has earned this trust after too much hard work. It was never easy for bitcoin to be on the top of the list of crypto currencies and to maintain its position. The market is full of competition and the thing is that bitcoin has the largest market among all right now and people are really after this coin because at present it is accepted worldwide. Even now billionaires have started investing into this mighty coin.

very good information that even billionaires are beginning to invest in the crypto currency. But why is it Proved? Where do we get this information? In fact, we practically invent new news and transfer them to each other here on the forum. So I'm not sure that many rich people buy crypto currency.

[Silberman]

People feel that bitcoin has rally so much in 2017 despite all the negativity and several fork trying to limit bitcoin growth. The saw bitcoin that was resilient and solid. I think people's confidence in bitcoin have grown to a point where bitcoin is consider as an asset both for now and especially for future.

That's absolutely true but still there are bunch of people who are easily made to believe that bitcoin will be banned and whenever there is a slightest dump there are made to believe that as end of bitcoin and forced to sell it at lower price we need a proper community.

People like that will always exist, the same happens in all the markets believe me, you have people that buy stocks not knowing anything about stocks and they get burned, so what we see is something that not only happens in bitcoin but in any investment, so what we need is to control ourselves and not be like those people that sell at the first sign of problems, fortunately many of the people in the forum believe in holding for the long term and that helps them and bitcoin as well.

[Magister Magus]

I think you're kidding!!!
How can you call "stable" something that daily jumps up and down by 10%/15%?
This is a crazy level of volatility, not stability!
Btw, in these days we saw a bloody campaign against bitcoin, crypto and ICO, but it's interesting how well bitcoin resisted.
I predict a big growth in the next months, may be with the same percentage of 2017.
We'll see.

[sparveenat]

I think there is big amount of bitcoin investment inflow from Indian politician who manipulate the rate of bitcoin and volume of the investment make big impact that's why bitcoin price so stable in 2018.

[Tavarez]

bitcoin price is everything at the moment but not stable. we are witnessing a downward trend, 12% down today, and almost 50% dip of the month. things possibly can get worse after G8 decisions. Ad banners already removed from chinese websites. like somebody is trying to destroy the concept of cryptocurrency.

[shan05]

I never believed bitcoin could bw stable. To the fact that nothing has been backing it up,  it can never be stable in terms or prices.  As we all know,  prices is being driven by the investors,  community,  and news regarding cryptocurrency.  It is neither regularize on spme places in the world.  Thus stability is hard to reach in this kind of investment. 

[kimamaxgreen]

BTC didn’t get past our resistance or hold above $9.2k - we’re watching for a double bottom in the $7.6k range.

[InvestICO2L]

Considering the fact that the year just started, it is still too early to jump into conclusion, regarding the state of bitcoin. The market is not static and so, cannot be stable. I see the market being at equilibrium and trying to get a support, which is why the price is hovering around 10k - 11k. 

Keep your head ! Well, we’ve just started this year 2018, yep it’s too early to have a boom immediately. We all know that bitcoin brings its volatility, so if you say bitcoin’s price is stable, you maybe get wrong. As you know, although nobody can predict surely or exactly whether this price will be, but in fact almost of them both rely on the prediction of some experts because sometimes due to their analyzing carefully, something can keep going right by the way they predict. In any way, bitcoin’s price will be never keep in stable, this is impossible.

[sana54210]

my apologies
definitively Bitcoin is not so stable
 

09 Jan 2018: $15,000
10 Jan 2018: $14,000
11 Jan 2018: $13,000
16 Jan 2018: $12,000
16 Jan 2018: $11,000
17 Jan 2018: $10,000
01 Feb 2018: $9,000
02 Feb 2018: $7,800

We were discussing it today, I think that cryptocurrencies make us loose the sense of time and helps us in a certain way to learn how to deal with strong emotions

cryptocommunity will came out from this last ride reinforced.

Looking at the market value of the bitcoin since last few days, we cannot claim this thing that the worth of bitcoin is stable in this year. In fact, the market value of bitcoin is highly volatile though it going constantly down but even then we can really for the good days in the near future. Things are little disturbed now-a-days but there is no such need of getting panic. Just relax and stay cool.

[vidprab5]

I think there is big amount of bitcoin investment inflow from Indian politician who manipulate the rate of bitcoin and volume of the investment make big impact that's why bitcoin price so stable in 2018.

Mind one thing, one country never make a difference on this world of coins. And if you suppose this statement then you can never forget about Japan and China. They are investing with best efforts and they supposed to be controlling a bigger part of international market. But still they don’t have any obvious effect on bitcoin market, still everything is going good and this will keep going on.

[Silberman]

I will have to admit, no matter what happen in the future, as long as there are big whales that still dominating the market then the price of bitcoin will not be easily to become stable, to make bitcoin become stable in such a short time, we need a very long time to grow and develope new regulations and systems that can make bitcoin under control price. it may become stable but it will be a very far future.

The whales will not be such a big problem if all they did was to sell their coins so new people interested in bitcoin can hold or if they just keep holding, but that is not what happens, whales try to manipulate the price and use all kind of tricks to do it, they make the price dump and then when the price is very low they buy becoming even greater whales and making the problem even worse.

[Zhukov0]

BTC didn’t get past our resistance or hold above $9.2k - we’re watching for a double bottom in the $7.6k range.

Will bitcoin price go to $7.6k in the next week?

[mai_mirai]

We're just in beginning 2018 now and because FUD news from big country holder bitcoin south korea and china also make bitcoin price drop like now. I think bitcoin price not stable now but we don't need worry because maybe bitcoin price slow but sure will get boom and rise up again soon.

[alisaadat60]

It's not stable I think it has more than 1000$ change
but one word is enough it's not time of btc
we are at the begining of altcoin season

[fairy_fries]

Struggle is real for Bitcoin early this year. It will really test bitcoin's stability, especially with governments from around the world thinking of ways how to stop it,( coz they know they wont profit from people's use of this), or how can they profit from this which will really affect people freedom on trading and/or use of cryptocurrency.

[September11Myth]

I would not call BTC's price in January exactly "stable", there is a big war between bulls and bears going on right now that is keeping the price within one range, until it will be cleared the winner between bulls and bears.