STT
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October 19, 2018, 07:52:57 AM |
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^^ Regular buying is the smart thing to do I think more then expecting a particular price just commit the money that might have been used just today to be spread on buys over the next 12 months. This is possible now with lower fees and the point is that BTC is very unexpected technology by most of the world and we have extreme build ups in finance that can surprise everyone. 2018 now, sits 40 years after Nixon removed most of the world from a gold standard and yes this relates to crypto. Its the tail end of a bullwhip crack, the dynamics are not imaginable. The crack comes from supersonic boom occurring incredibly. If you described crypto to people at the start of the century they would not have believed you and they still would not have invested I like the stable price though, this means if I can borrow money from my parents later as I have already requested, maybe I can buy just 1 more BTC before it shoots up. IF it goes down for some reason, I may be able to buy more than 1 BTC at least that a good thing still. WE all are waiting for the bulls to be back but having this stable price is good.
Dont borrow to take part in crypto, the price can go all over the place like a bucking bull and you will be thrown just before it takes off at a great pace. I think its very possible for price to spike downwards before rising sharply, like a richter scale graph in an earthquake
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lequocvuongpro
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October 19, 2018, 08:04:32 AM |
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For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon, maybe above $20,000 the stability is still not going to allow that to happen. However, if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become acceptable.
Bitcoin reaches to 3000$ and 1500$. It's absolutely impossible if this year. In the future, Price of Bitcoin will go to the moon in the year 2019. Because, Recently, Price neither not increasing also not falling. In next time it makes to big jumps.
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coinfinger
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October 19, 2018, 10:00:32 AM |
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For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon, maybe above $20,000 the stability is still not going to allow that to happen. However, if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become acceptable.
Most retailers that sell in Bitcoins automatically exchange BTC fro fiat money. There are plenty of such services. So they carry zero risk. This is a good signs that we need to focus on for now, and for those have the proper understanding on zero risk its time to build a confident ways to handle your trading motivations. Even though stable price doesn't actually raising faster increase in the market value, still we see progress between digital and fiat exchanges eventually synced in and out. That's merely a good signs to visualize for further profitable changes. We want stability in the price but not in low market, it should be in a normal market rather than low market stability we usually like a high price in the current conditions. Those who have bought Bitcoins they have to wait till high market because we were expecting a quick recovery and it took long to recover around 8 months so new investors should also think about it that it is not something that give you huge profit in a short time but you will have to wait for it.
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Slow death
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October 19, 2018, 11:17:59 AM |
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For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon, maybe above $20,000 the stability is still not going to allow that to happen. Who the hell thinks about seeing the prices of $ 1500 and $ 3000? Now about $ 20,000, this will be possible in the future, it may be at the end of next year or early 2020. However, if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become acceptable. true, but bitcoins are limited and if we compare how many people there are in the world and how many people have bitcoin, we will realize that few people have bitcoin, if we have too much demand the price will increase a lot, the bitcoin volatility will be very high. I believe the price of bitcoin will be stable in the next 10 years when many people have bitcoin, at that moment we can use bitcoin as a means of payment.
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sana54210
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October 19, 2018, 11:48:23 AM |
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For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon, maybe above $20,000 the stability is still not going to allow that to happen. However, if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become acceptable.
Bitcoin price isn't always stable since it's inception. Until there is a hype now way it can become stable. Since that is the scenario, we are the one who have to adjust for it. Why there are merchants accepts crypto even the price is volatile? Why there are people who are into crypto that still use crypto in some of the service? Why other countries legalized bitcoin? These kind of question is enough for you to understand that even with the volatile price of bitcoin, an increase in adoption can always take place as there are lots of reasons why people used bitcoin even how volatile it was. You just have to trust the process. I think most bitcoin users don't make a problem from the fluctuations, because with that they can gain profits quickly, and you know bitcoin adoption is normal even though fluctuations exist. but the problem here is that prices sometimes stabilized, and now stabilized in the range of $6k- $7k for a long time, and I don't think retailers will accept bitcoin just because prices are sometimes stable What to not like here? Bitcoin price have nice swings, I had some nice trades in past few months. Op is a bit confused with crypto market, its far from stable and even if we have stable price it will jot be a guarantee for anything, especially for wide adoption. Market moves depending on our actions, our trades, normally whales affect market more with their huge trades, but each of us affect it. What will happen with market, it will grow and grow. We can't expect price to be stable with so many people who trade, with supply and demand that are never calm, price can't be stable. I really wonder! I think what majority of people in this space are always eager to see is a bull run, but they need to realize that bull run will not just happen overnight as it technically develop. This is presently a market trying to find a direction and it is either the bulls win or the bears win but only time will tell. Not like a stable price is just something that I believe can only come out from a novice head that have no understanding of the market. It is a normal thing to experience once in a while, and it is also a normal thing to be patient to see the direction the market goes afterward, but one thing for sure, we are not even close at all to experiencing stability in this market.
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mornabo
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October 19, 2018, 12:08:48 PM |
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For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon, maybe above $20,000 the stability is still not going to allow that to happen. However, if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become acceptable.
Bitcoin price isn't always stable since it's inception. Until there is a hype now way it can become stable. Since that is the scenario, we are the one who have to adjust for it. Why there are merchants accepts crypto even the price is volatile? Why there are people who are into crypto that still use crypto in some of the service? Why other countries legalized bitcoin? These kind of question is enough for you to understand that even with the volatile price of bitcoin, an increase in adoption can always take place as there are lots of reasons why people used bitcoin even how volatile it was. You just have to trust the process. I think most bitcoin users don't make a problem from the fluctuations, because with that they can gain profits quickly, and you know bitcoin adoption is normal even though fluctuations exist. but the problem here is that prices sometimes stabilized, and now stabilized in the range of $6k- $7k for a long time, and I don't think retailers will accept bitcoin just because prices are sometimes stable What to not like here? Bitcoin price have nice swings, I had some nice trades in past few months. Op is a bit confused with crypto market, its far from stable and even if we have stable price it will jot be a guarantee for anything, especially for wide adoption. Market moves depending on our actions, our trades, normally whales affect market more with their huge trades, but each of us affect it. What will happen with market, it will grow and grow. We can't expect price to be stable with so many people who trade, with supply and demand that are never calm, price can't be stable. The market moves quickly I know, and it's caused by our actions and other users, the whales too. but in my opinion stable price is there, but only in a short time. do you think the price spinning in the range of $6400- $6500 in the past few days is not a stable changes ?
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guoyu78
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October 19, 2018, 12:48:41 PM Merited by Supercrypt (2) |
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Okay, what I need to understand is why are we suddenly talking about stability and stablecoins a lot in recent weeks? I know anything Bitcoin speculation tends to go in cycles, but I thought we'd already ridden the last stablecoin wave, moved on to crypto index and stable baskets... Volatile patterns aren't going away anytime soon, and speculators aren't going to wish it away anytime soon.
Seriously, what's the big deal? We know Bitcoin is like this and we've known it for years.
Exactly, and by stability I am sure what the OP is just busy implying is what is going on recently with the bitcoin market trying to find a direction which is something that would not last for long and it is pretty normal to get to see it happen once in a while after the market has hit a solid support. Apparently, not everyone understands the market in a way that they can even understand some of these things we are saying. Like you said however, volatility is not something that would be reducing anytime soon at all and we still have a lot of volatile experience coming up even as the market keeps growing.
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Febo
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October 19, 2018, 05:33:29 PM |
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For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon, maybe above $20,000 the stability is still not going to allow that to happen. However, if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become acceptable.
Most retailers that sell in Bitcoins automatically exchange BTC fro fiat money. There are plenty of such services. So they carry zero risk. This is a good signs that we need to focus on for now, and for those have the proper understanding on zero risk its time to build a confident ways to handle your trading motivations. Even though stable price doesn't actually raising faster increase in the market value, still we see progress between digital and fiat exchanges eventually synced in and out. That's merely a good signs to visualize for further profitable changes. Biggest hurdle was higher fees. But those were only few months. Now with Lightning that should stop. It just need some time and Bitcoin have time. Because 2019 will not be year of a hype. So Bitcoin infrastructure will have peaceful year to expand. All is perfectly on track!
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gabmen
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October 19, 2018, 05:35:04 PM |
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For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon, maybe above $20,000 the stability is still not going to allow that to happen. However, if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become acceptable.
Bitcoin price isn't always stable since it's inception. Until there is a hype now way it can become stable. Since that is the scenario, we are the one who have to adjust for it. Why there are merchants accepts crypto even the price is volatile? Why there are people who are into crypto that still use crypto in some of the service? Why other countries legalized bitcoin? These kind of question is enough for you to understand that even with the volatile price of bitcoin, an increase in adoption can always take place as there are lots of reasons why people used bitcoin even how volatile it was. You just have to trust the process. I think most bitcoin users don't make a problem from the fluctuations, because with that they can gain profits quickly, and you know bitcoin adoption is normal even though fluctuations exist. but the problem here is that prices sometimes stabilized, and now stabilized in the range of $6k- $7k for a long time, and I don't think retailers will accept bitcoin just because prices are sometimes stable What to not like here? Bitcoin price have nice swings, I had some nice trades in past few months. Op is a bit confused with crypto market, its far from stable and even if we have stable price it will jot be a guarantee for anything, especially for wide adoption. Market moves depending on our actions, our trades, normally whales affect market more with their huge trades, but each of us affect it. What will happen with market, it will grow and grow. We can't expect price to be stable with so many people who trade, with supply and demand that are never calm, price can't be stable. The market moves quickly I know, and it's caused by our actions and other users, the whales too. but in my opinion stable price is there, but only in a short time. do you think the price spinning in the range of $6400- $6500 in the past few days is not a stable changes ? Well if you talk about stability, it has been dancing around that 6.5k range for quite some time now, probably more than a month already. Though of course it's too early to assume that this will be it's stable price as there surely will be a major movement pretty soon. After a gruelling bear trend most of this year, i think this movement would prepare us for what's going to happen next.
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Alfiehob
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October 20, 2018, 12:21:33 PM |
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For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon, maybe above $20,000 the stability is still not going to allow that to happen. However, if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become acceptable.
Bitcoin price isn't always stable since it's inception. Until there is a hype now way it can become stable. Since that is the scenario, we are the one who have to adjust for it. Why there are merchants accepts crypto even the price is volatile? Why there are people who are into crypto that still use crypto in some of the service? Why other countries legalized bitcoin? These kind of question is enough for you to understand that even with the volatile price of bitcoin, an increase in adoption can always take place as there are lots of reasons why people used bitcoin even how volatile it was. You just have to trust the process. I think most bitcoin users don't make a problem from the fluctuations, because with that they can gain profits quickly, and you know bitcoin adoption is normal even though fluctuations exist. but the problem here is that prices sometimes stabilized, and now stabilized in the range of $6k- $7k for a long time, and I don't think retailers will accept bitcoin just because prices are sometimes stable Bitcoin price will never stable because the price depends upon the investment cap and investment cap cannot be the same all the time. Some people withdraw and some put their money in it. Therefore it is natural that the price will up and down with demand investment capital. You should not worry about the price of bitcoin at this point. It is also quite well.
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Supercrypt
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October 20, 2018, 02:22:04 PM |
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Regular buying is the smart thing to do I think more then expecting a particular price just commit the money that might have been used just today to be spread on buys over the next 12 months. This is possible now with lower fees and the point is that BTC is very unexpected technology by most of the world and we have extreme build ups in finance that can surprise everyone. 2018 now, sits 40 years after Nixon removed most of the world from a gold standard and yes this relates to crypto.
Yeah, no haste, just take your time and be picking the dip bit by bit most especially when a market is in a downtrend and making sure that until there is a clear signal for a bullish movement, you really want to be having some free cash hanging around just in case it goes lower. One thing I have always known is that when you are picking the market from the bottom and putting your mind and focus into the future you will always be at advantage as you are not doing what normal people are doing when it comes to market trends and that would always give you an edge, more like the same edge the institutions have. volatility is not something that would be reducing anytime soon at all and we still have a lot of volatile experience coming up even as the market keeps growing.
That is the real fact that we all crypto adopters must need to accept. In other words, it is too early to think about stable prices for bitcoin. But in reality, must get prepared to experience a lot more volatile markets in coming days when more new investors will join this world of new investment opportunities.
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richjohn
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October 20, 2018, 02:27:50 PM |
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For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon, maybe above $20,000 the stability is still not going to allow that to happen. However, if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become acceptable.
Bitcoin is built upon deflationary model. This will prevent bitcoin from being stable at a particular price. Because if the retailers start increasingly accepting Bitcoin as a means of payment, the demand will automatically rise which in turn will raise the price. Yes, with time volatility could decrease but price won't be stable for sure. Regarding present trend, market is moving sideways which is the most boring part of any market.
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alamin99
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October 20, 2018, 02:56:01 PM |
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For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon, maybe above $20,000 the stability is still not going to allow that to happen. However, if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become acceptable.
We need stable bitcoin for massive adoption dude! Stability is the key of success for a currency. I love when bitcoin is stable.
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Ridwan Fauzi
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October 20, 2018, 02:56:18 PM |
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I agree that if the price can't be stable it will be difficult to be adopted by the store but it will be difficult to make crypto become stable, crypto is a decentralized currency the market will keep on moving and caused the price repeatedly gonuo and down, maybe a mass adoption could decrease the volatility, but it can't be too stable
I even have a different view with you, if the price of bitcoin is not stable then every adopter will think thousands of times to accept bitcoin either it is used as a payment system or other tool. Unlike if bitcoin prices have a stable price, each adopter will have a view that the price of bitcoin is not volatile and is worth adopting, for example, for payment systems, then each merchant will easily accept bitcoin.
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BitHodler
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October 20, 2018, 06:26:44 PM |
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We need stable bitcoin for massive adoption dude! Stability is the key of success for a currency. I love when bitcoin is stable.
Stability is key, but not necessarily in the current adoption layer. We're still at the point at which people use Bitcoin for speculative purposes rather than currency (money) purposes, and that definitely needs to change. Stability in current times isn't even needed with how Bitcoin isn't capable of functioning as money for the masses, because it doesn't scale to that degree. We really need lightning network up and running globally for that. The massive adoption you are referring to will come as we go through more bull runs like what happened last year. Bull runs are adoption boosters because you need something to attract people's attention and interest with. Do you think you think that the mass will come without bull runs? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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BSV is not the real Bcash. Bcash is the real Bcash.
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maarx
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October 20, 2018, 08:56:39 PM Last edit: October 22, 2018, 01:49:10 AM by maarx |
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Stability after a huge fall is a good sign and an indication for a good growth if not as big as spiking to the moon. Slow and steady growth will certainly strengthen the market if it's not returning a good turnover. Hence, just wait a bit. There will be a start-back. Every fourth quarter had shown it's peak every year in the past and we are moving forward at its directions. Market will be back bringing back the right investors into it, this hence hold back your coins. Will see a good result.
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wuvdoll
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October 21, 2018, 03:22:18 AM |
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Bitcoin reaches to 3000$ and 1500$. It's absolutely impossible if this year. In the future, Price of Bitcoin will go to the moon in the year 2019. Because, Recently, Price neither not increasing also not falling. In next time it makes to big jumps.
Nothing is impossible but even if it does, I see no problem in that at all, as I just believe it would be a good time to just be getting into the market more, which is all. I still have the feeling though that we will get to see a huge shake out in the market before we will even be able to think we have reached the bottom and in that case, we will see the volume kicking in real big. Stable price at the moment is just the market trying to pick a struggle and for what it is worth, however the market tend towards, it will always be an opportunity for huge gains or buying lower. People who do not want to lose their current worth of coins, ask for stable prices as no one will not wish for upward volatile prices. OP must be one of them.
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Rune
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October 21, 2018, 11:37:30 AM |
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You will not have to worry about all this annoying stability for very long with all this crazy tether stuff that might be happening in the future if any of this is true you will run to the stability of fiat im sure. it is probably time to stop wishing for insane swings and time to diversify into safe things like gold or fiat so you have money to buy back in during a huge crypto crash!
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usekevin
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October 21, 2018, 12:35:50 PM |
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For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon, maybe above $20,000 the stability is still not going to allow that to happen. However, if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become acceptable.
Only with this price instability, it's possible for us to buy at low price and sell at high price. This make us to get some profit from it.If the price of bitcoin and other cryptocurrency is stable like gold,no one will prepare the cryptocurrency.They will choose the Gold and silver , instead of bitcoin.And bitcoin price will not reach the price of 3000$ again.
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Eleven86
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October 21, 2018, 01:31:04 PM |
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Loads of discussion going on with this topic, honestly I am desperately waiting for a change in market as it is still struggling. Stability should be there when the market is in red but not in the last quarter. However there will be something for a good reason. Lets wait and see.
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