Noelbetty12
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February 12, 2018, 11:26:27 PM |
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For now I think bitcoin is a bit stable. Banning and other negative issues had been overcomed by the trust some company gives by supporting the use of bitcoins and the legalizing of bitcoins in some countries lessen the fear of bitcoin holders. I think bitcoin prices will be going up again.
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khaled0111
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February 12, 2018, 11:27:44 PM |
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I think this stability will not last for long time and prices will surge soon. As you mentioned many factors caused this temporary stabilization because bitcoiners are afraid and they do not buy or sell, we don't see a big traffic as usual. Every one is waiting for things to be more clear before making any move.
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ajmapalo22
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February 12, 2018, 11:39:23 PM |
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I think bitcoin price will not stabilize, as I remember during the first quarter of 2017 bitcoin value seems to be stable and not moving then when it reach the second and third quarter it fluctuates until it reach the peak of $19500, and now it seems that the cycle will happen again but it will not result to any stability.
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TravelMug
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February 13, 2018, 02:20:29 AM |
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I think bitcoin price will not stabilize, as I remember during the first quarter of 2017 bitcoin value seems to be stable and not moving then when it reach the second and third quarter it fluctuates until it reach the peak of $19500, and now it seems that the cycle will happen again but it will not result to any stability.
I think stabilize and stuck or stalled are two different meanings in crypto. It will not stabilize because of so much factors around it. But what we are seeing is that the price is somewhat stuck between $8K-$9K, not much movement except for a minimum dips in a day. For me this kind of price movement means that investors are not yet sold to bitcoin for the time being. Maybe they are waiting for LN for me fully operational or looking at how government regulations will impact the ecosystem.
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foxbat
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February 13, 2018, 02:34:34 AM |
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Most Asian countries are stopping their activities to prepare for the holiday season. Therefore, the market may be quite bleak in the near future. So, I still think Bitcoin will keep prices steady in the coming time. In addition, some countries in Europe and Asia have policies to make the market prosper. So expect good things to happen with Bitcoin in the future
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InvestMen
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February 13, 2018, 02:45:09 AM |
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It's all in the Chinese New Year. It is the Asian countries that are striving to establish control over the trade in crypto-currencies as soon as possible. While at the legislative level the fate of deals is being decided, the holidays have forced Asian crypto traders to start translating crypto currency into fiat money. But I think bitcoin will show a return, and it will happen after February 16
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Nunoluck
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February 13, 2018, 03:05:25 AM |
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Markets are getting better right now. And I am sure it will much more better in the future. Usually coins price will pump after its experience falling price. Its a good time to buy bitcoin, and I will tell you that bitcoin price will never stable as long as many traders are trade bitcoin every day and if bitcoin still has low liquidity. The key is liquidity.
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Kidmat
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February 13, 2018, 03:25:54 AM |
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Markets are getting better right now. And I am sure it will much more better in the future. Usually coins price will pump after its experience falling price. Its a good time to buy bitcoin, and I will tell you that bitcoin price will never stable as long as many traders are trade bitcoin every day and if bitcoin still has low liquidity. The key is liquidity.
Bitcoin has been unstable for the past months besides at this moment were seeing a calm rate at this stage. Hppefully this month bitcoin will rising its value. It will be better in the upcoming months a hope that we can holds.
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lili song
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February 13, 2018, 04:15:16 AM |
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Bitcoin price not stable yet, because of that the price up fast and also down fast. For me is great if bitcoin price not stable yet. If bitcoin already stable I sure the profit same like gold but not more than gold anymore. I hope bitcoin more profitable in the future. In Chinese new year I sure bitcoin price will still stable same value as now.
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Pleione527
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February 13, 2018, 06:06:14 AM |
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Prices are fluctuating due to many factors such as demand and supply, so it can't be predicted nor it can't be guaranteed to be stable for the next few days or months but as per the news said about it, We can see the possibility for recovery anytime soon, we just have to wait. compared to the past weeks bitcoins are a lot better now. The market has find its way to be on track again, and so this should be a sign for traders to go and continue their investments.
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Duogembrot
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February 13, 2018, 06:30:08 AM |
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Bitcoin fell 70% from 19500$ peak and negative headlines had wiped out billions in value in cryptocurrencies, But top U.S. regulators testifying before a Senate committee called for greater oversight, without proposing industry-killing measures. That was something different from crackdown on crypto that hapened in asia, and created picture of stable asset from Bitcoin. That news gave enough positive momentum for traders to continue investing in cryptocurrencie market and Bitcoin, and returned more than 100 billion $ back in crypto market, as we can see in the last week.
Something that can give us a little more volatility in price is Chinese New Year celebrations for the Year of the Dog begin in China and follow across much of Asia, including Hong Kong, Taiwan, Singapore, Malaysia and Indonesia. Chinese mainland markets are closed Feb. 15-21.
yes it seems to be stepping on the end of this February and heading into the month of March it seems bitcoin and other digital currencies will crawl up and prices will become expensive and stable again, it just takes time.
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supandi wiharja
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February 13, 2018, 06:35:15 AM |
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Although bitcoin prices are currently declining, i think this is still stable. This is a challenge for bitcoin users who are currently panicked by the circumstances, in a few weeks i see bitcoin prices have shown an increase, although not significant. We should all be optimistic that bitcoin values will rise again and reach the highest peak.
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Cryptodiscuss (OP)
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February 13, 2018, 09:11:14 AM Last edit: February 13, 2018, 02:00:00 PM by Cryptodiscuss |
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But top U.S. regulators testifying before a Senate committee called for greater oversight, without proposing industry-killing measures.
There is hidden mesage there, if Christopher Giancarlo, chairman of the Commodity Futures Trading Commission (CFTC), and Jay Clayton, chairman of the Securities and Exchange Commission (SEC) go to congres and blab about more oversight of virtual currencies and old talks about hacks and ICO frauds and bla bla bla... and do not propose a strict measure on crypto?!?! Point is if they wanted to crush crypto, I am not saying that they could, but they could kick Bitcoin price back to 2015 in that one testimony! So why didnt they? In my oppinion there could be many reasons: - They invested in crypto - Their associates invested in crypto - US politicians invested in crypto - US politician lobbyist invested - US agencies making black ops funds in crypto - All of the above And if thats the case, and I belive it is, there will be more stability!
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TheUltraElite
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February 13, 2018, 09:18:36 AM |
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I think bitcoin price will not stabilize, as I remember during the first quarter of 2017 bitcoin value seems to be stable and not moving then when it reach the second and third quarter it fluctuates until it reach the peak of $19500, and now it seems that the cycle will happen again but it will not result to any stability.
This is not what the OP means to say. It is true that such a cycle has happened and thus the crypto market saw a huge volatile range from 20k USD to now 8k USD and thus many new investors joined and some new investors left while panic selling. However now the market is partially stable trading around the 8-9k USD mark and not fluctuating beyond this. This will ultimately be disturbed sometime later when whales decide to pump it or dump it. I am expecting a pump to happen around this weekend.
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Raindez316
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February 13, 2018, 10:28:04 AM |
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Bitcoin fell 70% from 19500$ peak and negative headlines had wiped out billions in value in cryptocurrencies, But top U.S. regulators testifying before a Senate committee called for greater oversight, without proposing industry-killing measures. That was something different from crackdown on crypto that hapened in asia, and created picture of stable asset from Bitcoin. That news gave enough positive momentum for traders to continue investing in cryptocurrencie market and Bitcoin, and returned more than 100 billion $ back in crypto market, as we can see in the last week.
Something that can give us a little more volatility in price is Chinese New Year celebrations for the Year of the Dog begin in China and follow across much of Asia, including Hong Kong, Taiwan, Singapore, Malaysia and Indonesia. Chinese mainland markets are closed Feb. 15-21.
This is true since the trend I see in the graph as of the moment is sideways. During this trend a lot of investors and traders are watching the development. The US CFTC comments are really a game changer because it does positive reaction to the crypto investors. A couple of days and crypto will back to normal.
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gunungkembar
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February 13, 2018, 10:49:31 AM |
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Bitcoin fell 70% from 19500$ peak and negative headlines had wiped out billions in value in cryptocurrencies, But top U.S. regulators testifying before a Senate committee called for greater oversight, without proposing industry-killing measures. That was something different from crackdown on crypto that hapened in asia, and created picture of stable asset from Bitcoin. That news gave enough positive momentum for traders to continue investing in cryptocurrencie market and Bitcoin, and returned more than 100 billion $ back in crypto market, as we can see in the last week.
Something that can give us a little more volatility in price is Chinese New Year celebrations for the Year of the Dog begin in China and follow across much of Asia, including Hong Kong, Taiwan, Singapore, Malaysia and Indonesia. Chinese mainland markets are closed Feb. 15-21.
yes you are right bitcoin prices have begun to stabilize we just wait time and latest info from various countries that can affect bitcoin price just to raise the price of bitcoin.
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Dodoymabs
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February 13, 2018, 11:22:56 AM |
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Prices are fluctuating due to many factors such as demand and supply, so it can't be predicted nor it can't be guaranteed to be stable for the next few days or months but as per the news said about it, We can see the possibility for recovery anytime soon, we just have to wait. compared to the past weeks bitcoins are a lot better now. The market has find its way to be on track again, and so this should be a sign for traders to go and continue their investments.
Bitcoin faces a lot of factors which affect its price value wherein we can't totally say that it will stabilize. Just like you said about supply and demand, this will cause the fluctuation which breaks the rule of stabilization. Maybe we can say that it is recovering now from being down because we see its value has been improving. So, we must continue to support crypto and always trust its power.
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Klausi
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February 13, 2018, 12:23:39 PM |
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Prices are fluctuating due to many factors such as demand and supply, so it can't be predicted nor it can't be guaranteed to be stable for the next few days or months but as per the news said about it, We can see the possibility for recovery anytime soon, we just have to wait. compared to the past weeks bitcoins are a lot better now. The market has find its way to be on track again, and so this should be a sign for traders to go and continue their investments.
Bitcoin faces a lot of factors which affect its price value wherein we can't totally say that it will stabilize. Just like you said about supply and demand, this will cause the fluctuation which breaks the rule of stabilization. Maybe we can say that it is recovering now from being down because we see its value has been improving. So, we must continue to support crypto and always trust its power. At the moment, bitcoin's price is not yet stable, its really volatile. I can say this because we all know that bitcoin has a limited supply (21M BTC), its stability depends on the demand and supply. We dont have to worry because bitcoin was once lower than a dollar but now as we see you can already trade bitcoin for $8k-$9k and i believe that it is still gowing. This is something that we should be holding on, i cannot guarantee but i am hoping that bitcoin will continue rising if we just keep on supporting in it. Success is yet to come.
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icol333
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February 13, 2018, 03:07:01 PM |
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There's no word such as "stable" for bitcoin, but if you refer that "stable" state as the price range is constantly between those range for a couple day so yes it is that stable. The price is always volatile each time so we don't know when the price will be in a constant state of the price range. But if we see the history a couple years ago, there's always a chance for the price to be rise again.
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Carlsen
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February 13, 2018, 03:53:50 PM |
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Stabelizing in these days means more that the down trend has stopped. At least for the past five days the movement of the bitcoin price was within a range of about 1000 Dollars. To me that still sounds pretty much. I suppose these are good days for traders who can earn with every one of the small upward movements.
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