Is Bitcoin Stabilising?

[diva.man]

The price of BTC has been stable recently at about $11, 000 until Binance was recently attacked by hackers, leading to a drop in the market.

The price of BTC is down nearly 2000 dollars, and the price of BTC needs to be adjusted slowly to stabilize!

[mridulhasan]

Yes,bitcoin's value is stable now.Bitcoin is a currency .Its value goes up again.No one knows when it will decrease or grow.Bitcoin's price is stable now due to some problems .

[czhen]

my opinion is already included stable when compared to the price below 10k.
bitcoin prices do move fluctuate. The trend of bitcoin price reductions is due to the rise of bitcoin selling and the impact of tightening global regulations can affect price stability.
so this is pretty stable for me

[Lorna111]

Bitcoin for the past few months have not been spiking again as we experienced in 2017, the price has not gone beyond 12k, my question is that is the price now stabilizing?.

BTC price from the start of the year posted at about 8,000 dollars, it goes up to 11,000 dollars, just
a few  days ago, and goes down to 9,500 dollars but, goes up again to 9,800 dollars as of this writing.
The entire cryptocurrency market was extremely volatile. Yet I'm optimistic that it will STABILIZE as soon as
the market rebounded back.

[Kayla]

Bitcoin price continues to decline, there has been no significant increase. There had been a slight rise in bitcoin price, but in the near future it Will go down again. The price is not as stable as the previous year. I thought that it's the ideal price of bitcoin. Like an item at the beginning of a low price, after a hard sell the price is high then after people have many goods,the price also comes down. But I am sure that the current price is not a stable price for bitcoin.

[dsaijz03]

I cannot say that for now, if we compare last year (2017) Bitcoin price rapidly and also a sound of big fall coming and it happen. Now, I like the flow of Bitcoin because it is like calm, slowly but surely price increase.

[heureca]

Bitcoin for the past few months have not been spiking again as we experienced in 2017, the price has not gone beyond 12k, my question is that is the price now stabilizing?.

I don't think that BTC is more stable now than it was in 2017. Just few weeks ago BTC dropped till 6k, then it was pumped till 12k. So the price is not stabilized yet.

[Radio-Active]

Bitcoin for the past few months have not been spiking again as we experienced in 2017, the price has not gone beyond 12k, my question is that is the price now stabilizing?.

not quite stable. bitcoin price is hard to predict, not only bitcoin, but all cryptocurrency too.
there are some rumors that affecting bitcoin down price such as binance hacked rumor.

[Ejanend]

Bitcoin for the past few months have not been spiking again as we experienced in 2017, the price has not gone beyond 12k, my question is that is the price now stabilizing?.

This is not the time of the bitcoin price to be stabilized, because the volume of the bitcoin is yet not complete and still around four million bitcoins are out of the market. The stability will be done when all of these 21 million will be available in the market and the demand of the bitcoin will get stable which is not yet possible and ideally it needs another 5 years of time, so this is not the point to be worried.

[dogooder]

I cannot say that for now, if we compare last year (2017) Bitcoin price rapidly and also a sound of big fall coming and it happen. Now, I like the flow of Bitcoin because it is like calm, slowly but surely price increase.

Why is it now going down again for the past few days?

[Violetta Shigina]

Those who are engaged in mining, as if rent out their ASICs and video cards for obtaining crypto currency by using computational power data. There are many farms for mass production of bitcoins.

[eternalgloom]

Instead of speculating whether Bitcoin has stabilized or not, you can just have a look at the volatility index.


Source: https://www.buybitcoinworldwide.com/volatility-index/

Looking at this, the volatility is still higher than it was in 2016, but it's obviously a little bit more stable than we've seen the first couple of years.
As the market cap increases, volatility will go down over the long run, you can clearly see that already.

[Yeahnoh]

There is no stable price for bitcoin which means it will keep going up and down at intervals really. There was never a price cap placed on bitcoin which I love.

[Dudeperfect]

To be honest, I don't expect stability from Bitcoin at this point because there are some traders who were waiting for price recovery to liquidate their investment so even if price is rising they will sell their funds and it will push the supply in the market resulting in the price fall, so I think that market will remain care take at least for couple of weeks and then I am expecting sustainable growth in the same. On the other hand I don't think that Bitcoin is going to remain stable anywhere in next 5 to 10 years as I do see a potential for a massive growth.

[MonkeyGolden]

If someone asks me if Bitcoin is stable? I will say that it is unstable in every hour, or look at its value as it goes up and down in every hour. Bitcoin is now considered by many to be the most valuable asset of its kind. If you are an investor and like to venture, have money or invest in Bitcoin. If you are lucky, you can get rich with Bitcoin

[Findingnemo]

To be honest, I don't expect stability from Bitcoin at this point because there are some traders who were waiting for price recovery to liquidate their investment so even if price is rising they will sell their funds and it will push the supply in the market resulting in the price fall, so I think that market will remain care take at least for couple of weeks and then I am expecting sustainable growth in the same. On the other hand I don't think that Bitcoin is going to remain stable anywhere in next 5 to 10 years as I do see a potential for a massive growth.

Yes bitcoin investors do not think about stability but if the value is stable it will be attract people to make investing in bitcoin so you can make it simple bitcoin will have huge value in future life.

[moetimas]

the market is still volatile, and it can not be said to be stable. panic is striking traders and investors today, because surely many of them already supply bitcoin with high prices. My prediction, bitcoin prices will still decline for the next few weeks.

[Kemarit]

the market is still volatile, and it can not be said to be stable. panic is striking traders and investors today, because surely many of them already supply bitcoin with high prices. My prediction, bitcoin prices will still decline for the next few weeks.

As I have mentioned, you can have volatility as your friend in this market. And we don't need to attached volatility with negative, you can also take advantage of it in your favor. Just like we preached here, if the market is down, then that's the golden opportunity to enter the market again. And bitcoin will not stabilized, no matter if there is regulations or not. What matters is that you have to take the every opportunity that the market has to offer to us. Currently the price is somewhat "stuck" to $8500-$8900, so for me its still a good time to purchase and just hold.

[hatun]

Bitcoin for the past few months have not been spiking again as we experienced in 2017, the price has not gone beyond 12k, my question is that is the price now stabilizing?.

Fluctuation is the innate nature of a currency. So stability is quite uncommon in the price of a currency. Yet sometimes we see price of some currencies are stagnant over a period of time. Price of bitcoin is not fluctuating that much recently. But we can not claim it permanent. Tomorrow even today it's price can increase significantly or drop down drastically. We can simply say that bitcoin is going thriugh some bearish period.

[buanakata]

My hope for the stability of the world financial market bitcoin prices do not have to bounce high, with the price range of 15-20k is quite normal limit