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Author Topic: Such Stability!  (Read 294 times)
thecodebear (OP)
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October 26, 2018, 08:01:21 PM
 #21

Man the price really just refuses to budge away from $6400 (Coinbase). These two weeks are probably the quietest we'll see Bitcoin for the next few years.
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October 26, 2018, 08:20:50 PM
 #22

Don't jinx it.

It can also break out to 4k Cheesy

And if that happens we'll see lots of threads and news channels lamenting and saying things like " it's the end of bitcoin" But I believe that in the future the price will rise, But the biggest problem will be how long the price can be stable at prices of more than $ 10,000? I want to see it

I'd love to see a huge spike up to $9000 that falls back to $7000 and then we build up slowly. But only because I have a bunch of trades stuck in the $8000s ;p

I imagine that the people who bought when the price was $ 17000 should be thinking the same thing that you thought

Can't wait to see how this stability will end and what will be the trigger

The trigger will probably be the ETF and BAKKT

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October 27, 2018, 03:43:45 AM
 #23

Yes, Bitcoin price is so stsble that is getting boring. I.mean that is not real stability because some tiny volatility and price change is visible but that is not what we are all expecting. Now there is a little room left for making some profit.
Despite some predictions I'm rather convinced that such range of price will stay until the next year without some biger changes. No surprises for this Christmas.
I can not believe that the price of bitcoin and ethereum is so stable that day. I especially look at ethereum with its price for a long time at $ 203. It just scares the calm before the storm. I want to believe that Bitcoin is now at a slow pace, but it will surely start to grow and pull the entire market with it.

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October 27, 2018, 04:54:10 AM
 #24

bitcoin prices will be very difficult to be stable Bitcoin prices will definitely have a move up and down but bitcoin can also experience price increases like at the end of 2017. all cryptocurrency movements will be very difficult to predict and all price movements can occur.
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October 27, 2018, 06:44:34 AM
 #25

We're working on day 11 of prices hanging tight within a $130 range! That's crazy. Can't wait to see the price break. I think we could see an hour candle up to $6800 when it finally breaks.
I am really happy with the stability but at the same time so bored of it Wink.

If there is going to be a bull that everyone has been talking about please let it come already and do whatever it wants to do and than if its going to fall back than fall back. I love stability but I really really hate the stability that basically here for a short period of time and will be gone soon. There is this looming threat of bitcoin going up or down which really kills all my mood for this stability.

If I knew the stability would literally be stable then I would have been insanely happy but because of this bull and bear talks and because of the inevitable volatility always around the corner I can't really enjoy stability itself while we have it. At least, I gathered a bit of bitcoin and I am waiting getting ready for it.
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October 30, 2018, 03:15:36 AM
 #26

If we have a breakout, I hope it will be straight to 12k.
Lol. That won't be a good thing in my opinion. Let the market just ride up pretty steady as that is when we will get to see something sustainable and will make it easy to even get to monitor the trend pretty well. Moving straight to 12k is more like asking for a pump and we know how that usually ends up. However, I am really hoping we actually get to see a breakout upwards, as that would at least bring some hope that in the short term, the bears have accepted defeat and in that case, we will get to see some possible participation in the market.

I'd love to see a huge spike up to $9000 that falls back to $7000 and then we build up slowly. But only because I have a bunch of trades stuck in the $8000s ;p
Now that everyone is beginning to wish for a quick spike, it is always possible sometimes anyway, since it is bitcoin and we sure know how that has pretty much worked well over the years for this market when it comes to spikes, so I won't be surprised.  About $3k movement upward, that would be something, it has happened before and it could happen again, but really I would rather prefer to see a growth that is not so spike-ish in nature but a break out with a strong volume though and some pretty steady growth. I am really hopeful though that this current sideways movement will lead to the bull's side.
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October 30, 2018, 03:22:03 AM
 #27

Im not surprised by the latest 200 buck drop. Seems like the usual ups and downs we've had going for a while on this price range. Business as usual you could say. The fact that I still saw a lot of people panicking means there's a lot of noobs that still need to sell, hopefully these dips serve a purpose to get rid of all the remaining weak hands.

Call me when we go below $5k, until then it's just the same routine. Just don't be the guy shorting the bottom of the dip instead of buying it (like Tone Vays).
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October 30, 2018, 04:10:11 AM
 #28

Don't jinx it.

It can also break out to 4k Cheesy

Or it can break out to $8+K,  Grin. Then imagine thread popping out shouting that we're in the bull run already and new all-time-high in December is within reach.

Seriously though, would love to see the price goes on a steady phase, those huge spike are lovely, but if you're looking at the long haul, it doesn't really do good as reversals can happen anytime and the price going into another bottom. A steady and stable growth could also mean that people can used it as "on-line payment system", which most of us really wanted to see Bitcoin being used.

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October 30, 2018, 06:06:43 AM
 #29

this is getting more and more similar to 2015 and $220 price every day that passes Cheesy

i am excited to see what will happen next. mostly i am expecting some sort of drama to break out first by FUDsters trying to do one final desperate push down before the price is let go so that it jumps up and breaks a couple of resistances all in one go.
it seems like history repeats itself after all.

We can simply rely on the past movements on what may happen to the price of bitcoin that is the only thing we can hold on to speculate in what gonna happen next for the value of bitcoin, Well at desperate times like these FUDsters will simply take on the will to really make an exception to push the price down, But I guess we may break a $7000 mark at the end of Month but again it can still slide down to a near $5900 USD if the drama breaks.

$5900 is nothing, we may see it without any kind of drama. it only needs one whale doing a small manipulation for price to drop to that price because first of all that is not a low price but a a small difference from current price and second it is the bottom that was tested and is the strong support there.
a drama and a slide down would mean going to lower levels such as $5500 or $5000 which is not possible.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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