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Author Topic: Why is bitcoin price so stable in 2018?  (Read 1119 times)
heavenknows
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July 25, 2018, 03:46:31 AM
 #221

I think the reason behind it is the continuous hack of exchanges as well as different fud popping out in the market- once this season is done there will be more money pouring in the market
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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iged_war
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July 25, 2018, 03:52:06 AM
 #222

Actually it's not stable bitcoin has never been stable. It is always volatile sometimes it's weak and sometimes strong like a big deep and big high. It's depend of the demand. One thing I sure that bitcoin has never been stable.
that's right dude, if bitcoin price stable we will not see price at $20k.this volatility make bitcoin able to make new high after down sharply.so dont worry about its volatility.

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July 25, 2018, 04:14:33 AM
 #223

There is no influence if the bitcoin price reaches 50k, because it is increasingly expensive, people increasingly believe that bitcoin has a good future for its investors.
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July 25, 2018, 05:34:38 AM
 #224

2018 is not yet ended. Don't stock up on that mind setting that it will end with a low value at the end of the year because we are in a half of the year, there are remaining months. I'm not expecting too much on this because it is normally goes down every year, lol. 2018 is not yet ended guys, calm down.
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July 28, 2018, 09:57:06 PM
 #225

I think that the price of crypto currencies is relatively stable now that the crypto currency market needs to recover a bit after a very rapid growth. Starting in the autumn, we are likely to see another wave of price increases.
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July 28, 2018, 10:05:34 PM
 #226

I think that the price of crypto currencies is relatively stable now that the crypto currency market needs to recover a bit after a very rapid growth. Starting in the autumn, we are likely to see another wave of price increases.

Yes exactly, that's what I see as well. There's no possible way that a market can shoot up thousands of percentile and keep going unflinching, no matter how fundamentally strong it is. It takes time to recover, and everything that goes up must come down again. Not necessarily all the way down, but far enough down to regain energy for the next move upwards. It's as simple as a wave. We go up for a long period of time until it cannot support itself any longer, then drop down and wait until the time is right for another shot up.
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July 28, 2018, 10:13:21 PM
 #227

And 6 months after OP first created this topic, Bitcoin has proved otherwise in terms of its price. At the time of creating this thread, Bitcoin was valued somewhere $17K to $10K. In between January and July, Bitcoin's pricyhas hit a bottom of around $5800. Thats like 70% down from the all time high value. This goes to show that nothing goes up forever or nothing is too resistant enough to avoid a dip. Pub-leeze, Even Facebook lost over 20% of its market share.

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