TIDOVEE
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October 17, 2018, 01:37:30 PM |
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This stable price range is not encouraging to.many because it has held a lot of transactions at stake. The price is just too low for us to make good profit out of it. I know you are also in my shoes, really waiting for a good pump as the year ends. Selling one's coin at this time is nothing else but a big time waste of acquired token.
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fudster
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October 17, 2018, 01:41:40 PM |
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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.
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Ararbermas
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October 17, 2018, 05:13:29 PM |
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Give it time, it will be dumped down where you want it next year - maybe not $1500 but for sure $3k range. Then you can look forward to the next pump 2021.
$3k rage? Well in my opinion that's very impossible to happen. Because market current bottom price is still strongs since market growth rate keep fluctuate around 6k value. which is even nowadays there's massive declined the current bottom price still holding . So don't expect too much drop mate. 'and in my view perhaps even 4k is impossible also in the future.
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bitbunnny
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October 17, 2018, 06:12:14 PM |
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This "stable" Bitcoin price we are having for a while now and many don't like it. Still now and then there are price corrections that enable profit although fluctuations are not that big but still there are opportunities to use. Many have expected very much from this year, hoping price will go to the moon. That didn't happen and honestly I don't think it will happen next year either. On the other side some predictions here that Bitcoin price will go down to 3000$ or even under are to my opinion not realistic.
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rhodelmabanal
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October 17, 2018, 07:10:32 PM |
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This stable price range is not encouraging to.many because it has held a lot of transactions at stake. The price is just too low for us to make good profit out of it. I know you are also in my shoes, really waiting for a good pump as the year ends. Selling one's coin at this time is nothing else but a big time waste of acquired token.
Don't ever dump that token unless it has meet the standard ICO price before launched, because the potential increasing value is always their to happen as well. More possible pumps will take good breakthrough, so we should have patience all over our asset because that make our trading brilliant and challenging.
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Theb
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October 17, 2018, 07:29:11 PM Last edit: October 17, 2018, 07:43:25 PM by Theb |
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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.
The only thought looming in my mind which I see here is that when BTC had been beginning to be accepted last year, it was then it has crashed when businesses begin pulling out BTC as an accepted payment method, why did they just pulled out now? Did they actually hodl it by themselves that they think that they can profit from its price appreciation instead of converting it to fiat currency right away? Now that BTC has crashed they are also are experiencing a loss from both their business as well as their attempted trade. This is one of the possibilities I have in mind on their reasons why a lot of them pulled out from BTC.
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chickenado
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October 17, 2018, 08:10:47 PM |
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This stable price range is not encouraging to.many because it has held a lot of transactions at stake. The price is just too low for us to make good profit out of it. I know you are also in my shoes, really waiting for a good pump as the year ends. Selling one's coin at this time is nothing else but a big time waste of acquired token.
Everybody need to realize that bitcoin will always going to pump, and the reason for that stable price was just a part of the possible bull run. However, we just have to be focused on every aspects of a better potential price which our asset always tend to have. Expect for the best and prepare for the worst, because not all the time you're lucky enough to enjoy a good profit.
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Rozita
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October 17, 2018, 08:24:55 PM |
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Now the market is boring for those people who want to get rich very fast. It is same as the time before 2017. The market is waiting for all impatient people to leave the market. Any one invest in bitcoin is not supposed to get rich in a short time. Holders should be patient.
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Bagaji
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October 17, 2018, 08:33:29 PM |
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Well, Bitcoin market value stability is not the only main reason for massive adoption by the retailers, business owners and institutions around the world, but its security and the issues of regulation by an authority is one of the major factors that affects the massive adoption that is yet to take place. We all hope it come to pass one day in the nearest future.
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zazarb
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October 18, 2018, 10:37:05 AM |
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This is a stable price at which it varies by a maximum of 5% it is very good, because It is possible to save money from this moderate price change in the short term and can always buy more for long term holding, because price wont go down then 6k.
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yndye
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October 18, 2018, 12:33:51 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.
Yes, it would make those merchants think that maybe it would be time to adopt bitcoin as a payment of option. And maybe not only bitcoin but other cryptocurrencies as well such as ethereum, ripple etc. It would be good for the cryptocuurrency market because it would mean that the adoption continues and sooner or later there would be mass adoption. We would not have our hopes up however because the government would do something about it such as making their own cryptocurrencies so that they would still have control of what people are using.
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KorakPawon
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October 18, 2018, 04:03:18 PM |
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Stable price is still good for some reason, for example you can buy more when the price is low, keep it and you'll get the right time when to sell or trade (as you wish of course). It wont get dump, just keep patient while waiting for the moment, since it almost end of the year. Just enjoy this moment, it won't be stable forever because ups-down always there to happen, trust me.
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abanansah
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October 18, 2018, 04:35:15 PM |
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Most speculators don't like the price to be stable because they make their money from up and down of the price ,however other investors are waiting for the price of bitcoins to be stable before investing in it.
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Emily_Davis
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October 18, 2018, 05:55:33 PM |
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Come to think of it, people say that when bitcoin's price stabilize, more people will start using bitcoin. Well, it has consistently been in the 6000USD mark this year, why aren't more people joining in? Do you think maybe it's not the price that's the problem, but with bitcoin awareness? Or is it still the price?
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STT
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October 19, 2018, 12:00:11 AM |
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The more stable the price, the greater it allows planning. I believe it certainly does raise involvement from a range of busines when the price is able to stay flat like this for so long. The time frame of planning available with a relatively low range of prices means rapid changes to profitability dont occur.
A flat price could possibly decrease costs to business and uncertainty to feasibility studies for project investment within crypto
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3la9l_kolbaCa
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October 19, 2018, 03:14:38 AM |
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The more stable the price, the greater it allows planning. I believe it certainly does raise involvement from a range of busines when the price is able to stay flat like this for so long. The time frame of planning available with a relatively low range of prices means rapid changes to profitability dont occur.
A flat price could possibly decrease costs to business and uncertainty to feasibility studies for project investment within crypto
Probably it will decrease mate, and that's good to have that certain stable price while weren't yet establish good market. It brings more opportunities for another planned projects which will start to boom, because some team ups that has been running might not gain good results on their roadmaps.
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miningguru
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October 19, 2018, 03:36:58 AM |
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We always need to be stable before increasing its previous value, bitcoin should become stable before increasing to new high value. Bitcoin is always the dominant currency which makes us make more money when the bitcoin price starts increasing again.
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Pattart
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October 19, 2018, 04:42:51 AM |
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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.
Just take the positives side, at least there is no drop in dip right, after all a stable price is actually more profitable because you are easier to memorize the price patterns that occur and you can achieve to make use of it, smart traders are those who can take advantage of any market conditions..
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Capt.Morris
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October 19, 2018, 05:44:43 AM |
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I would love stable price only when i have a lot of ether and bitcoins. Having volatility is the way to arbitrage.
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KingdomHearts
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October 19, 2018, 07:26:40 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. None of us do but it is certainly better than dropping in price. The thing people forget about the stable price is that it was followed by a bear market, so if we did not have the stable market do you really believe we would just drop and than increase all of a sudden? No that wouldn't happen and the price would have gone down even further. Hence I believe this stable market was needed before we got back up and increased in price again. So I kinda enjoy this prices because it means I can buy more from these prices, longer it takes the more I can hoard and the more I hoard means the more profits I will have when the price goes back up.
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