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Author Topic: Bitcoin prices are currently fluctuating very low! This is a strange thing.  (Read 666 times)
Qurelal
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October 30, 2018, 11:05:29 PM
 #41

I think it says about the stabilization of the bitcoin rate. You may not see such a sharp jump as before.
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October 31, 2018, 05:52:12 AM
 #42

Most market participants expect the beginning of a bullish trend, so Bitcoin sales are mainly made by miners who have to pay electricity bills. By the tenth anniversary of Bitcoin will grow in price, so now it is not profitable to sell it.
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October 31, 2018, 09:57:12 AM
 #43

Bitcoin prices are higher than ever and it is growing with each year and becoming more stable. As you're new you think of this as low because you do know have prior knowledge to the market and how it has come to this point. With each year most of the people who've been a part of the crypto market are already aware that this is rather normal and what would improve the situation of the market even further is the inevitable bull in the market. With time we all expect to see great results.
Well, that is basically the thing a lot of people are not getting, and probably I guess a lot of people should just go to the chart, and set the time frame to a month and actually see that we have always been in an uptrend for a very long time, one thing most people in this space cannot get to wrap their heads around.

The fluctuation we are seeing now is something that is normal when waiting for a breakout, which usually brings about some low volume in the space; I guess people should wait for the break out and see what happens afterwards. I do not even know why people will be seeing low fluctuation as something abnormal in the first place, when this is a market.
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October 31, 2018, 02:04:51 PM
 #44

This is not strange about bitcoin prices that currently fluctuating less. Price are very volatile from the start that we are seeing the price from high and low. We could expects market in this current situation and we could expects to see soon into higher price.
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October 31, 2018, 02:51:47 PM
 #45

What do you think when the current bitcoin price fluctuates very low, it is more stable than some stocks of major companies in the world. Do you think that this stability is because people are not interested in Bitcoin or any other reason?


When you had just sit down into this Cryptocurrency market then this thing would really be new or strange thing to you but it isnt really new at all. Bitcoin can be either volatile or somehow on consolidation state. Reason? No one really knows on why the market is behaving on this way but one things for sure that this isnt really like the same with those traditional markets like stocks or forex.

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November 01, 2018, 10:40:26 PM
 #46

What do you think when the current bitcoin price fluctuates very low, it is more stable than some stocks of major companies in the world. Do you think that this stability is because people are not interested in Bitcoin or any other reason?


Bitcoin price movements to date seem to be more stable, if indeed we always compare price movements with last year, bitcoin has experienced a very drastic price drop from 2017 but this certainly has its own reasons, bitcoin has experienced a strong market price correction to date
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November 02, 2018, 04:21:40 AM
 #47

What do you think when the current bitcoin price fluctuates very low, it is more stable than some stocks of major companies in the world. Do you think that this stability is because people are not interested in Bitcoin or any other reason?


People are still interested in Bitcoin but it could be that newbies are selling their holdings as they are afraid that prices may go down even lower than what we have now. As far as I know Bitcoins prices are not that stable like that of fiat as we can still see volatility each day. For me I think price of Bitcoin will not go down too low as $1,000 because I believe something good will happen at the end of 2018.

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November 02, 2018, 09:52:36 AM
 #48

Bitcoin prices remain above $ 6,000 during this period. Bitcoin prices can not be said to be low. It is possible that what you say is true when it is too low compared to its highest price. What is lacking in Bitcoin is the source of outside investment to create the mutation.
People tend to always look for strange things as a result of their negativity. It is a norm, and for the most part of it, we are pretty sure that when price is too low most of the time, and then there is a consolidation, there is boredom that get to a lot of people and then they start imagining and thinking things that ain't even there.

The market has been in an uptrend, we just experienced some correction, and there is actually hope for the future and more volatility to come. Patience is just something a lot of people cannot get to come to terms with.
That is usually always the thing most of the time, and most especially for people that got caught up in some of the not so brilliant decisions they ended up making. Also, I tend to realize that people complain about everything, when price fluctuates a lot, they see it as a problem, when it gets to experience some level of less volatility for a short period of time, they call it strange, but they should not forget the fact that this is just a market, and everything that happens basically in a market is always normal, and moreover, bitcoin is growing both in value and maturity daily, so people should get used to the fact that a lot of things will change.
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November 02, 2018, 12:47:03 PM
 #49

Well, the stability kinda bores people cause the possibility of earning easy money wouldn't be so available now. You can just invest and profit like the normal fiat coins through bank. So, the interest has stooped low.
Well, there is no doubt that the stability can actually be a bit boring, most especially for traders, and the thing is that a lot of traders actually tend to take advantage of the huge fluctuations, so when we have less of that, there is always a possibility to see people getting bored.

However, I am sure that in some times before the end of the year, we will actually start seeing some market movement and the volatility setting in all over again. It is not a strange thing, and it has happened before, which even occurred for a very long time, so I would not consider it strange at all.
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November 02, 2018, 12:51:41 PM
 #50

I wouldn't call that strange, maybe just little bit unsual.
Bitcoin had periods of low volatility before so it's not something that is seen for the first time.
For a longer period of time many Bitcoin users and investors are on hold, let's say so, and market stays rather still that is why price fluctuation isn't so big.
Maybe the end of this year and the begininig of the next could bring us some movement and excitement on the market.

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November 03, 2018, 08:03:35 AM
 #51

Bitcoin prices remain above $ 6,000 during this period. Bitcoin prices can not be said to be low. It is possible that what you say is true when it is too low compared to its highest price. What is lacking in Bitcoin is the source of outside investment to create the mutation.
Some people are much confused that they start trusting these fuds. Don’t worry about such stories. Believe me everything on internet isn’t valid and likewise every news isn’t an authentic one. Sometimes it is just a prediction from an individual or group of individuals. Be brave and patient as well. Time is near when bitcoin would jump from nothing to a heavy level.
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November 03, 2018, 10:30:52 AM
 #52

I don't see it as a 'strange' one. Stability is somehow happened, not because of the interest has down, it just happen. Not only up-down, stable is also part of bitcoin ways of 'balancing' and improving itself. Perhaps, it just new to you, more than else, don't worry about it. Well, some people  may have the same thoughts as yours, but we have to be calm and enjoy the moment. Who knows what could happen after this period, you'd better yourself for that one rather than worrying about this current situation. 
It is even something that is always expected when you get to see indecision in the market and in this case, you tend to see market consolidate for a while. First and foremost, from what the OP said, this is not a strange behavior at all, as it has happened a lot in the past and we have had one that even lasted than anyone could have imagined.

Probably, he is only looking at it strange based on when he got into the space, and the first time experiencing this, but it is nothing strange at all. The market is still very much volatile, but at stages like this, it is trying to either switch to an uptrend, or taking sometime to continue with the downtrend.
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November 03, 2018, 01:36:47 PM
 #53

Bitcoin prices remain above $ 6,000 during this period. Bitcoin prices can not be said to be low. It is possible that what you say is true when it is too low compared to its highest price. What is lacking in Bitcoin is the source of outside investment to create the mutation.
Some people are much confused that they start trusting these fuds. Don’t worry about such stories. Believe me everything on internet isn’t valid and likewise every news isn’t an authentic one. Sometimes it is just a prediction from an individual or group of individuals. Be brave and patient as well. Time is near when bitcoin would jump from nothing to a heavy level.
Tha’s true,  let us be patient with these fluctuation that are happening in the market. Usually this is not strange, price of bitcoin varies from high and low. So bitcoin price has a big hopes that it can regain to high.
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November 03, 2018, 01:47:50 PM
 #54

This is a period of stability, yes, but hardly uncommon even in other markets, except that with Bitcoin it really doesn't tend to last very long, with people accumulating orders and consolidating either for drops or spikes, both audden and pronounced.

Definitely when the speculators start dropping off. They may hover around alt markets but to be sure, it's when they reenter again that we'll see more activity.

Might be worth pointing out that the same low fluctuations are being witnessed in traditional markets at the moment.

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November 03, 2018, 02:07:41 PM
 #55

What do you think when the current bitcoin price fluctuates very low, it is more stable than some stocks of major companies in the world. Do you think that this stability is because people are not interested in Bitcoin or any other reason?


I think stable conditions like this are a positive value. Because when conditions stabilize, it will make more investors interested in Bitcoin. Because in the past most investors and also the government considered the unstable conditions owned by Bitcoin to be a threat. There are positive values that we should be grateful for. Hopefully the Bitcoin can still exist and then gradually be accepted and made a fair regulation by the government.
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November 03, 2018, 02:45:57 PM
 #56

The good thing about Bitcoin's movement now is that even though it is volatile it's volatility has limits. And what I mean about that is it doesn't go lower beyond the 6,000$ level which simply means that sellers are rejecting to go beyond that level. It seems to me that this movement tells us that majority of the hodlers are putting a barrier in this market where they only accept the fluctuation up to a certain limit. And to answer your question, if people are not interested in Bitcoin it won't even have a fluctuation at this point as its value will be down to zero as there will be no demand in the market.
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November 03, 2018, 03:18:10 PM
 #57

I personally do not feel anything strange, I just feel this is a form of the stability of the price of bitcoin that is able to be suppressed, because we know if the bitcoin market has high fluctuations and at that time we expect stability to occur. Currently the price of bitcoin is only moving around $6k and in my opinion this is the latest achievement about the price of bitcoin which is able to be pressed for a long time.

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November 03, 2018, 03:35:58 PM
 #58

there is nothing strange about it. it is only new to YOU.
otherwise you can see that this kind of stable phase has happened before. for example the most obvious one which was actually one of the longest periods of time when price was stable AFAIK, was back in 2015 when price was around $250. the situation was exactly the same as today and newcomers were surprised about that kind of stability!
Yes, you are right, actually these fluctuations have occurred from previous years, this is exactly like today, I think those who do not know fluctuations are people who have just joined and not done research.
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November 03, 2018, 04:12:20 PM
 #59

What do you think when the current bitcoin price fluctuates very low, it is more stable than some stocks of major companies in the world. Do you think that this stability is because people are not interested in Bitcoin or any other reason?


Bitcoin price movements to date seem to be more stable, if indeed we always compare price movements with last year, bitcoin has experienced a very drastic price drop from 2017 but this certainly has its own reasons, bitcoin has experienced a strong market price correction to date
Maybe you should be comparing with so many years before and know that bitcoin is still in an uptrend and all you are just seeing here is a short term correction. There is actually no doubt that we will still get to see more fluctuations in the long run, so for those who are basically waiting for anything strange, then they should really be looking at the level at which this market is going to grow in the long run.

From the most things that have happened, bitcoin has been having consistent increase and now that we are a decade at least, knowing the level at which bitcoin has risen over the years, is something that is pretty interesting and enough to make anyone to keep focusing on the future.
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November 03, 2018, 10:28:11 PM
 #60

What do you think when the current bitcoin price fluctuates very low, it is more stable than some stocks of major companies in the world. Do you think that this stability is because people are not interested in Bitcoin or any other reason?



This move should be welcomed as this seems to be so healthy. Stable price is indeed needed at this critical situation.



























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