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Author Topic: Bitcoin price stabilizes?  (Read 3110 times)
drmasa
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August 19, 2018, 07:23:45 AM
 #541

It looks like most stabile btc price is 6k. When it drops under thats for few hours. We saw last crashes this year every time goes to 6k. And no serious investor will buy btc now for 8-9k. Most probable entry point for big investors will be 6-7k price range, at least in next year!

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8Habits
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August 20, 2018, 11:28:52 PM
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 #542

It looks like most stabile btc price is 6k. When it drops under thats for few hours. We saw last crashes this year every time goes to 6k. And no serious investor will buy btc now for 8-9k. Most probable entry point for big investors will be 6-7k price range, at least in next year!

I think even at 8-9k price is still a good place to start buying bitcoin for really big investors but of course buying at 6-7k would even be better. I just hope that there will be new big investors that will go to the market and making bitcoin prices goes back up again.

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August 23, 2018, 12:16:03 PM
 #543

If it is true the bitcoin price is stable it will be very good for bitcoin traders and bitcoin mining because with the stable bitcoin price we will get a decent enough income but if the price of bitcoin decline then we will get a small income therefore the price of this bitcoin must be stable .
Yes I agree with you, if bitcoin will stable it will not anymore be risky. I think it can be possible if users and the economy is also stable then bitcoin will follows. But for me, it is much better if bitcoin is stable because the users will encourage others to join and it will have a big possibility that they will accept the offer.

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August 23, 2018, 04:55:26 PM
 #544

I think the price of bitcoin will never be stable because this bitcoin price condition has a very high movement which sometimes has a downward movement sometimes rising from the influence of total supply and very high demand.


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August 23, 2018, 10:45:30 PM
 #545

I think the price of bitcoin will never be stable because this bitcoin price condition has a very high movement which sometimes has a downward movement sometimes rising from the influence of total supply and very high demand.

Yes, it wasn't stable when price pumped up very fast but first and foremost with the few days I noticed it merely stabilized at around negative 2% and positive 2% of the market fluctuations. However if this progress continues to gain sustainable recovery point, I am confident that we'll be seeing the greener market signs which shows positive response for the people to stay and hold crypto for longer terms. Day traders will eventually learn to hold rather than trading without even thinking for more profit from long term goals scenario.


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websoftwareengineer
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August 24, 2018, 07:21:22 AM
 #546

I think the price of bitcoin will never be stable because this bitcoin price condition has a very high movement which sometimes has a downward movement sometimes rising from the influence of total supply and very high demand.

Yes, it wasn't stable when price pumped up very fast but first and foremost with the few days I noticed it merely stabilized at around negative 2% and positive 2% of the market fluctuations. However if this progress continues to gain sustainable recovery point, I am confident that we'll be seeing the greener market signs which shows positive response for the people to stay and hold crypto for longer terms. Day traders will eventually learn to hold rather than trading without even thinking for more profit from long term goals scenario.

Stability in the market is not necessary on cryptocurency because we need drastic changes in order to earn profit and multiply our coins.

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trako
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August 24, 2018, 04:16:52 PM
 #547

No, of course not. If it were, it would be a healthier money market. this situation does not work for anyone at the moment. the differences are very high. the price is very moving. this is also making money by buying and selling.


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August 25, 2018, 07:56:47 AM
 #548

No, of course not. If it were, it would be a healthier money market. this situation does not work for anyone at the moment. the differences are very high. the price is very moving. this is also making money by buying and selling.

The price of bitcoins will never stabilized because the value is always depending on supply and demand , that is also the reason why traders are earning profit by trading in the market.

drmasa
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September 10, 2018, 09:17:18 PM
 #549

After all this crashes and plummeting bunch of altcoins - shitcoins, bitcoin is not falling under 6k and taking more of market cap every day! Well I think that means stable!

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September 17, 2018, 10:36:05 PM
 #550

After all this crashes and plummeting bunch of altcoins - shitcoins, bitcoin is not falling under 6k and taking more of market cap every day! Well I think that means stable!

I agree with you mate. I think the current bitcoin price is quite stable in this very volatile market. With the reds in almost all altcoins, this is pretty good time to invest a long term investment.

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