Even after some good news why bitcoin is not stable yet

[Smpdytz1]

There are many good news realase about bitcoin and even chinese new year also finished why bitcoin is not stable yet.when will it start to stable

[acha1217]

This because still many naughty people make the user of bitcoin scare to use bitcoin again. Many people are scare to invest because many fraud on behalf of Bitcoin. The price uncertain for few days later. I found so many new coin out there, that's make their investment are separate to another coin, I think that's the reason of your question. Thank you

[De Suga09]

There are many good news realase about bitcoin and even chinese new year also finished why bitcoin is not stable yet.when will it start to stable

I think bitcoin will start to be stable if all countries will acknowledge it as a currencey, because today althpugh there are a lot of countries who acknowledge it, not all of them do. Another is that it must have legal boundaries so that its regulation will be within the law.

[Virtual miner]

See there can be many reasons for the unstability of Bitcoin. Bitcoin in itself is an unstable currency. The uncertain nature of the coin is what makes it an attractive options to most of the investors. It's the market forces that mainly regulate the price of the Bitcoin.

You're here talking about the good news about Bitcoin. Undoubtedly that tends to impact the price but stability comes sooner or later but just for a shorter span of time.

[First77]

This because still many naughty people make the user of bitcoin scare to use bitcoin again. Many people are scare to invest because many fraud on behalf of Bitcoin. The price uncertain for few days later. I found so many new coin out there, that's make their investment are separate to another coin, I think that's the reason of your question. Thank you

Bitcoin $6,000 when Silver is $17/ounce scares everybody. HSBC was involved in $100,000,000,000 money laundering. Why can't rich scammers be at work with Bitcoin ?

[Requim]

There are many good news realase about bitcoin and even chinese new year also finished why bitcoin is not stable yet.when will it start to stable

Bitcoin went up from $6,000 to a stable price between $9,000 and $11,000, and I think it is a good progress. It will not increase as fast as you think just because of good news coming out from bitcoin. Bitcoin price will surely surge in the middle of the year or just before the year ends. We all need to be patient because bitcoin is not a magic.

[spngebob]

There are many good news realase about bitcoin and even chinese new year also finished why bitcoin is not stable yet.when will it start to stable

Bitcoin will never become stable.
Price will go up and people will sell it and when price go down people will buy it. I don't know why is so hard to understand what most people are doing with bitcoin.

[AltsBoom]

Don't know how much more stablitiy you need from the markets because Bitcoin was stable pretty much all of Feb. Once that correction was over we recovered and were stable for about 3 weeks, that is enough stable for me. I would like to go in a direction please, any direction is good .

[Don Pedro Dinero]

There are many good news realase about bitcoin and even chinese new year also finished why bitcoin is not stable yet.when will it start to stable

Bitcoin will never become stable.
Price will go up and people will sell it and when price go down people will buy it. I don't know why is so hard to understand what most people are doing with bitcoin.

This. I think OP thinks stable means always going up. It’s been pretty stable recently, compared to last year, but it will take a long time to get stable definitely, if ever at all.

[First77]

Bitcoin will never become stable. Price will go up and people will sell it and when price go down people will buy it. I don't know why is so hard to understand what most people are doing with bitcoin.

    

[Kuya Kim]

See there can be many reasons for the unstability of Bitcoin. Bitcoin in itself is an unstable currency. The uncertain nature of the coin is what makes it an attractive options to most of the investors. It's the market forces that mainly regulate the price of the Bitcoin.

You're here talking about the good news about Bitcoin. Undoubtedly that tends to impact the price but stability comes sooner or later but just for a shorter span of time.

The thing is, most people react differently and those people who react harshly with just a single fall would sell their share makes bitcoin worse. What i sugeest is to stay calm and just wait for the right timing to do the right thing

[Vaskiy]

Now bitcoin seems gaining good resistance for a bigger price rise. Bitcoin is not stable, but this is showing signs of growth between certain price point. Good or bad, at times the price varying with time is purely has impact depending on the speculations.

[tabas]

There are many good news realase about bitcoin and even chinese new year also finished why bitcoin is not stable yet.when will it start to stable

Don't be upset! You might be asking for a quick pump and you are disappointed because you are not seeing it? Be grateful that bitcoin is quite stable at $10,000 and it was able to moved at $11,000. What do you want it will stay at $6,000 for long or it will be stable at $10,000? Don't be so hasty, yeah there are many good news but still bitcoin is a big market and is volatile so don't expect too much.

[Carlsen]

Bitcoin is a crypto currency, traded on many exchanges all around the clock without weekends. I do not think bitcoin will ever be stable.
But when we look back the last two weeks, we did not fall beyond 9000 Dollars. I think that is really a great developement which shows we have a good basic demand for bitcoin.
A volatiliity of about 20% in two weeks, I suppose that is as stable as it gets for bitcoin.

[Basmic]

Bitcoin will never be stable. The price of any asset fluctuates. But at the same time there are mechanisms of manual regulation of prices for traditional assets. For example, in the stock market there is a mechanism to stop trading in the case of landfill. The number of Fiat is regulated by the Central Bank. Bitcoin does not have such mechanisms.

[dothebeats]

Are you talking about stability or price rises? If stability is your concern, I think it is already pretty stable on where it sits,

On the other hand, the price isn't moving upwards because there isn't enough incentive to push the price higher, and there's still a grip of the bears on the current market trend which isn't easy to just shake off. Personally I believe that this will still be an endless cycle of push and pulls until something good comes out e.g. a major company accepting bitcoin or some influential person taking back what he/she said negative about bitcoin and crypto. Usually these statements bring in some pushes along with the positive press, so unless nothing good happens, IMO, no substantial price increases will happen.

[player514]

There are many good news realase about bitcoin and even chinese new year also finished why bitcoin is not stable yet.when will it start to stable

Bitcoin being stable doesn't mean that it's stable at a high price. I'd say it is pretty stable right now. We've been in the 10,500 - 11,000 range for a while now, which is pretty good if you're wondering about stability, especially for a cryptocurrency.

I do agree that there has been good news recently. However, I don't think there's been enough good news or any news with a large enough magnitude to impact the prices of bitcoin to shoot upwards. Instead, we're at a stable position -- no (impactful) good news, no bad news.

[oemar bakrie]

why everyone at a time bitcoin down in confused ..
and figure out why why bitcoin goes down. !!
but if I am private, bitcoin down is not because there is a problem in every country, but because people need to use bitcoin a bit does not need ..
and maybe it's a game of people who are more instrumental in bitcoin development ..

[seoincorporation]

There are many good news realase about bitcoin and even chinese new year also finished why bitcoin is not stable yet.when will it start to stable

https://imgur.com/a/y3ou3
Here you have the price of avocado for the last 20 years. There you can see how anything it totally stable in the market. Bitcoin, like avocado, is going to get higher prices and lower ones based on the buying/selling orders, as well on the production of new coins.
As you see, avocados have suffered tons of changes in its prices. Even when the price seems to be rising, they go up and down so many times you can buy an avocado today in one dollar and tomorrow in some cents.

Well, in economics, this is very normal.
I don't believe Bitcoin is going to totally stabilize anytime, because its value is highly speculative, and that's normal, based on the mere existence of it.
Now, as well as the Bitcoin production becomes lower, it is probably when its value will increase, based on the buying/selling orders again.

So, no. Bitcoin, from my point of view, is never going to be stable, like avocados, tomatoes, oranges...

[ruletheworld]

There are many good news realase about bitcoin and even chinese new year also finished why bitcoin is not stable yet.when will it start to stable

That's not how markets work. They are cyclical by nature, especially a market like Bitcoin, which is primarily driven by human emotion and widespread acceptance. Bitcoin was, after all, quite valuable at a tenth of its price as it is now. Markets driven by human nature are speculative by nature, and will see ups and downs.

They cannot correlate with the news cycle, which is necessarily backward looking while the markets are forward looking.