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Author Topic: Is $6000 to $7000 the stable price for bitcoin?  (Read 1006 times)
kentrolla (OP)
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September 27, 2018, 11:25:08 AM
 #1

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?









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September 27, 2018, 11:56:50 AM
 #2

so shall we consider $6k as stable price for bitcoin?
Maybe in last year bitcoin will too the moon like the end of previous year Bitcoin price to nearly $20k. But total Suply of Bitcoin is under 20%, i don't know if that will make price grow up or no
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September 27, 2018, 12:02:25 PM
 #3

Don't worry there has been a bull run just about every years end since 2010. There will definitely be one this year because lots of money will be flowing in from bakkt ice. Big money from people much richer then us.
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September 27, 2018, 12:08:17 PM
 #4

I don't think so. We all know that the market can raise or fall for 100 billions in two days. BTC dominance will raise in bears market and will low in bullish market. I think there is no stable price for any cryptocurrency for today, even for BTC.

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September 27, 2018, 12:14:30 PM
 #5

Current price means that there isn't enough buying pressure to see the price skyrocket. We have a new floor around the 6200-6000 levels which is the support level, but since there aren't many buyers interested in Bitcoin, the price kinda stagnates around the current levels with the usual fluctuation. Is it stable? Not really, it just means that we're in for a long accumulation period, it's one of the few phases that we'll see before the prices starts going up.

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September 27, 2018, 12:19:30 PM
 #6

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?
Well looking at the current trading trends, we can say $6k to $7k can be considered as the stable price of Bitcoin for now but i see the market price of bitcoin going beyond $7k before this year ends. I believe and think Bitcoin is still young to have a stable price, it has potential of going beyond $15k.
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September 27, 2018, 12:58:45 PM
 #7

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

For the past couple of months, Bitcoin has continuously maintain some sorth of steadiness between 6000$ and 7000$, guess reason why. With time, it shall surpass that and move upward to a reasonable price.

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September 27, 2018, 01:04:32 PM
 #8

Bitcoin prices have stabilized around $ 6000 in the past few weeks. Beside bitcoin there are also some very strong growth altcoins. Hope this is the sign of an upcoming uptrend season.
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September 27, 2018, 01:06:20 PM
 #9

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?
The stable price of bitcoin can't be identified until all the people starts to use the crypto currencies until that the prices will keep increasing in the upward direction while we see it in the long scale time format.But now the price of bitcoin ranged between $6000 to $7000 for more than two months but this surely will change in the upcoming days while we enter into the end of this year.

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September 27, 2018, 01:28:34 PM
 #10

Should I wait or buy some BTC now. Currently it's bleeding red.
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September 27, 2018, 01:31:55 PM
 #11

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

It is also been numerous answered this discussions about the stability of bitcoin. Aside from that things we all know then that bitcoin was volatile which means fix price value of bitcoin is not possible too. And because of the fluctuations happened in the market traders are actively taking actions unto it where it is the reason of the motion of the percentage of buying and selling as well.
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September 27, 2018, 01:41:36 PM
 #12

When viewed from market movements, the most stable price of bitcoin is $ 6000 and how many altcoins participate below the very stable price of bitcoin, hopefully after this price bitcoin even altcoins rises again at the end of the year.
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September 27, 2018, 01:44:18 PM
 #13

My suggest is there is no stability in the market. So no one can even predict the value these days. Comparing to last year's market yes it is good. But it should grow in the last quarter of this year investors are eagerly waiting for a change in BTC value. Lets see how it goes.

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September 27, 2018, 01:55:17 PM
 #14

I don't believe that such thing as ''stable price'' exist for bitcoin.
Bitcoin never had any stability in the past.
We sew so many changes that is impossible task to determine any stable price for btc.

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September 27, 2018, 01:58:52 PM
 #15

Actually 6k to 7k is the stable price after the drop. We must face that thing. Because that's reality. Nothing to deny that right? But I believe that it will be more stabilize in the near future.
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September 27, 2018, 02:04:47 PM
 #16

For now the answer is yes, but for how long that remains the case is unclear. When futures were introduced they did say that they would kill volatility in bitcoin and for now they're achieving that. A stable price in the long run is a good thing because it makes adoption far more likely. With adoption we may see a far more steady price increase instead of the highly volatile one based purely on speculation.

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September 27, 2018, 02:08:19 PM
 #17

Bitcoin will not have any stable price, for now, as long as whales are there it will not happen. The supply needs to be spread out of the whole community. That way we don't expect high movement from large transactions.
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September 27, 2018, 02:09:53 PM
 #18

I don't think $6K to $7K is a stable price for Bitcoin. We will don't know the stable price for Bitcoin, it could someday go down to under $ 5K and could increase at any time surpass $ 20K. That's is my opinion Grin

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September 27, 2018, 02:12:09 PM
 #19

Current market graphs for the bitcoin reveal this thing only what OP has to say. But that doesn't mean that we shouls simply jump t the conclusion that bitcoin is going to stabilize only at this price and won't be rising any further or dipping any low.

Anyways the market conditions aren't much favourable right now and investors are quite a bit worried. But the perfect strategy for the market survival right now is to HODL, stay calm n composed. Long term prospects in the crypto currency market do look bright and we are hoping for some potential gains in the coming years of bitcoin.
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September 27, 2018, 02:13:00 PM
 #20

Bitcoin will not have any stable price, for now, as long as whales are there it will not happen. The supply needs to be spread out of the whole community. That way we don't expect high movement from large transactions.
If bitcoin price keep stable, how they can get profit  Grin, maybe that is what whale think about. So in this business, there will be no stability price because pumped or dumped, whale will take an advantage from that.

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