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Author Topic: Bitcoin price stabilizes?  (Read 3398 times)
ivanst776
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February 13, 2018, 04:15:52 PM
Last edit: April 05, 2018, 09:09:00 PM by ivanst776
 #41

Price stabilizes when there are not much buys and sells so the price normalizes.
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February 13, 2018, 04:19:10 PM
 #42

It has stablised for now but this won't remain permanent there is always something which is going to happen soon the price is stablised just wait it and also i have changed my decision about selling my bitcoin i will wait for the mext move if the price move is positive i will hold else I'm going to buy tron
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February 13, 2018, 04:20:44 PM
 #43

Each of us keep on hoping that bitcoin value will be stabilized and feels great that the value within this couple of weeks has been increase but not that much. Steps by step and it really looks good. Even if keeps on increasing, but it hard to determined the stability rate because the price were very unpredictable it can be change in a minute and it may be increase and suddenly decrease again.
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February 13, 2018, 04:23:58 PM
 #44

It seems somehow stable actually , but it is still volatile, and the price is predicted to increase again in the future. I think it will not drop down more, after this period it will keep rising slowly most likely. So I took the decision to keep holding my bitcoins until the price go up again highly.
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February 13, 2018, 04:24:14 PM
 #45

The price is certainly more stabile then two weeks ago. The start of year was pretty bumpy. From now on I hope all market will go upwards. But it is hard to predict the price.

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February 13, 2018, 05:55:48 PM
Last edit: March 04, 2018, 10:56:22 AM by bitcad4u
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 #46

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.


Now the price of bitcoin is stabilized between 8000-8600$ due the fake news from Asian countries.
At this time period Feb 15-21,the price of bitcoin may reach low value.
The people from all countries,use this as best time to inverse in bitcoin.
At this month end the price of bitcoin will reach 15,000$.
So I think this period is best time to inverse in bitcoin.
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February 13, 2018, 06:00:42 PM
 #47

It is very difficult to give a clear answer on this issue because the price of bitcoin is never clear to net estimates. Also, because Bitcoin is not connected to any center, it is not possible to think or determine a stable price. Although the Bitcoin market can be controlled by large whales, it is obvious that these jobs are now difficult, but they are not yet clear to this whale budget. Smiley

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February 13, 2018, 06:06:11 PM
 #48

It seems somehow stable actually , but it is still volatile, and the price is predicted to increase again in the future. I think it will not drop down more, after this period it will keep rising slowly most likely. So I took the decision to keep holding my bitcoins until the price go up again highly.

Bitcoin will not fall down it is just a confusion going on crypto currencies but these problems are almost Clear now so investing on bitcoin is a good choice so we can definitely make a investment now .

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February 13, 2018, 06:41:59 PM
 #49

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.

I believe outside the oversight by the governments regulatory authorities and China and others Asia countries banning of crypto currencies, I believe coins market is still young and it need time in other for its price to stabilize. Many people are coming into the market who has little knowledge on how cryptocurrencies market work and they activities create instability in the market.
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February 13, 2018, 08:44:25 PM
 #50

Stable Bitcoin is what we all expect. But we never know when bitcoin moves. It may be slow. fluctuations make the eye that bitcoin prices are currently stable. This could be to attract investors. We do not have to rush to sell it, keep on with it and add it
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February 13, 2018, 08:54:16 PM
 #51

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.

If you ask whether Bitcoin price is actually going to stabilize, then I don't think it is very likely. No matter what Asia does or even US Senate proposes, Bitcoin will remain highly volatile. No decision will turn it from a speculative asset into a real world currency but until then we will see huge price swings. In a nutshell, when you think the price change slows down a little, you are probably about to experience a big move, either up or down. It has been so for years, and it will remain so for years to come.

You'd better get used to it.
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February 13, 2018, 09:06:48 PM
 #52

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.


I dont think that investors will stop investing in bitcoin or cryptocurrency even when there are negative feedbacks about it. The reason i know is that cryptocurrency is the same as before, the volatility are high and investors are getting used to it. Chinese new year would definitely affect the pricing of cryptocurrency since many chinese will focus on their celebration and shutdown trading in a period of time.

farhaan
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February 13, 2018, 10:54:29 PM
 #53

Yes.After SEC's positive sights over cryptos,crypto market turned to be bullish and prices started to increase once again.However due to chinese new year,there seems to be a slight halt in crypto prices.But soon after the festival occasion,once again the prices would roar.

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February 15, 2018, 11:16:16 AM
 #54

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.
I believe the reason for the price being stable is because market is yet selling, buyers are taking a break I guess. But this won’t be for long, cause price doesn’t fluctuate all the time and it also doesn’t stay stable all the time. Even when the price downed to $6000 it stayed stable for some time, then got up to $7000 plus and from $7000 it went up to its current rate.So this will also not be for a long time, it will fluctuate again, and I believe it will be rising and not going down until it reaches another all time high rate.
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February 15, 2018, 12:28:04 PM
 #55

I don't think that there will be stability in the price of bitcoin market as every day new user's are entering the bitcoin market and the word of bitcoins is reaching far and wide like a wind which is the reason for many user's entering the crypto market and causes for the rise in the price of bitcoins due to high demand for bitcoins and there are only limited number of bitcoins of 21 million in the crypto market after mining all the 21 million crypto coins due to high and no supply the value or the prices keeps on shooting and as it is a decentralized network no one has the control over the bitcoins network. Like in normal financial markets the price of bitcoins will have a hike and a drop in the market then after correction the prices will start to recover as we can see bitcoins started to recover from the dip in the market.

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February 15, 2018, 12:45:36 PM
 #56

I don't think that there will be stability in the price of bitcoin market as every day new user's are entering the bitcoin market and the word of bitcoins is reaching far and wide like a wind

I don't really think this is the case right now. Although we will of course continue to see big volatility, specially if we compare crypto to other markets, I do think we will not see any drastic increase, or decrease in prices like we saw last year. Unless of course, there are news behind those moves. Bitcoin already hit awareness, and people that wanted to invest in it, already did so. The only exception are institutional investors, but those will only arrive in masses when we have ETFs.

Retail investors will only arrive in masses again, when we have the lightning network working, and we see bitcoin getting support in places like amazon, or shops all over the world. The same thing goes, if we hit bad news that could generate fud. Until any of those things happens, bitcoin price should remain stable in my opinion (close to stock markets). Only being more volatile, because it also has less liquidity.

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February 15, 2018, 07:59:31 PM
 #57

Bitcoin address 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64 purchased $350 million worth of Bitcoin from 2/09/18 through 02/12/18 - adding 41,288 coins for a total of 96,650 coins worth around $1,000,000,000 at curent price ($10,200).
First purchase from that adress was in 11.17 so if someONE is ready to put bilion $ in Bitcoin only (who knows how much in alts) trough such a big dip, I think we are geting big investors who will be first wall of defence from future dips.
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February 17, 2018, 07:12:36 AM
 #58

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.
I am really banking on that. What is going on with the market is normal after a long FUD and downtrend with a break of every trading analysis and most traders just dusting their boots and going on compulsory vacation. No one knows yet if the market downtrend is over, and even though we have bullish signals, the moneys are scared to come into the market, but I really hope we get some little bit of spark in the market soon though to alleviate buying momentum.

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.
There is even nothing to fear, although the market showed some new investors on how volatile the crypto space can really be. Hopefully, we get to test back the previous tops, but if at the end of it all, the market decides to get some stability, then let's see how that works for the meantime, probably that would be some good time to use some of the alts to get more bitcoin while we have a little bit less volatile bitcoin.
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February 17, 2018, 09:33:24 AM
 #59

We all hope that bitcoin value to be stabilized, and the value this couple of weeks looks good. But its hard to determined the stability rate since the market is very unpredictable it can be change in a minute.

It's hard to predict the stability of bitcoin. The value of bitcoin in the market is changeable. It goes up and down, which we don't need to worry because it is normal in the world of business (Bitcoin). If time comes that bitcoin will acceptable to all country, it will helps us because it is hasslefree, it is more on online transactions.

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February 17, 2018, 11:29:26 AM
 #60

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.

Its market value is now continuously increasing. Well, it is a bit stagnant at this moment because backdrops are lesser to happen at this moment. Maybe it is because recovery have just started. If this scenario will be continuous, there's a probability that its market value at its peak last year will fully recover. So for now, invest and hold.
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