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Author Topic: Bitcoin prices are currently fluctuating very low! This is a strange thing.  (Read 662 times)
Snowflower11 (OP)
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October 28, 2018, 01:54:49 PM
 #1

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?

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October 28, 2018, 02:17:56 PM
 #2

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!

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October 28, 2018, 02:27:33 PM
 #3

I'm not quite sure u understand what you mean by 'fluctuate too low' bitcoins price has held off at a much larger value than any of its previous years. And it has also seen greater stability.
The market has been inactive for a couple of months, and while stability I'd welcome some are in need of some action.

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October 28, 2018, 02:29:27 PM
 #4

Market forces decide the rise and fall of Cryptos. So if it's low means the demand right now is low. But with the Conventional currency about having a meltdown. Blockchain should be a safe haven for Investors. Be ready for the boom. Thanks
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October 28, 2018, 02:33:08 PM
 #5

Larger fluctuations happen for a reason and most often times it happens because of a positive news in the market. If there are no positive news in the market then the obviously the fluctuations won't be as big as it happens on a surge. Last year we had a good surge in price with BTC and large fluctuations were common those days but since the price dump bitcoin has become almost idle near the $6500 range due to which the fluctuations aren't crating bigger spikes in bitcoin's price.

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October 28, 2018, 02:36:10 PM
 #6

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!
Usually for beginners who do not understand fluctuations will definitely wonder when prices will stabilize?
When compared to people who have long joined, or who have experience knowing bitcoin, of course they already understand the situation.
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October 28, 2018, 04:09:08 PM
 #7

There has been periods of low volatility before, it’s nothing new. It can still continue for a while longer but we’ll probably see a significant pump or dump before the New Year. We won’t go sodeways forever, careful not to get burnt if your trading with leverage.

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October 28, 2018, 04:39:33 PM
 #8

yes you are right ,the price of bitcoin is very low now a days but this is a part of crypto market . there are many reason behind this but all those reasons are temporary , very soon you will again see the price of bitcoin again on the higher side.Those who know the value of bitcoin they never afraid from these type of situations, they know the worth of bitcoin , so don't need to be afraid.

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October 28, 2018, 04:58:44 PM
 #9

I think the market is stable as no good or bad news are not coming. once any good news come from some big companies, then the price will pump and vice versa.

Yes you are right the market is constant now the price might be low but there's stability. BTC is more popular among all coins at this situation it need to show it's Power in value. Lets wait and see.

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October 28, 2018, 05:27:49 PM
 #10

I think that such a price is primarily due to the fact that it is beneficial to someone. Plus, one should not forget that this is a market and everything here is subject to its own laws, the laws of the crypto market. Interest in Bitcoin (and crypto currencies in general) has not fallen, just people are more vigilant now.
I am sure that in the near future we will see a great interest in Bitcoin and the crypto market will swing again.

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October 28, 2018, 05:34:03 PM
 #11

Prices don't fluctuate low, they go up and come down numerous times, but at the moment bitcoin price is stable/stagnant without much movements at all

Am not such an experienced trader so I really do not know what the signs portend to, but I'll simply hold my coins and see what happens
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October 28, 2018, 05:35:43 PM
 #12

Volatility falls every day. The daily trading volume is the same. I think we're approaching that critical point. Anyone who wants to sell this price level has sold it. From here onwards, it can start small rise.
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October 28, 2018, 05:44:24 PM
 #13

There's nothing weird about the current fluctuation, we've experienced this before, prices can't always go up or down, prices tend to have low levels of volatility when there's no buying pressure in the market, is completely normal at least for people who have been prior to the last bull run.

At least we're building a solid ground for the next btc rally, the current floor now seems to be 6400, a few months it was 6200, so it's a good thing that we're consolidating around the current prices because we can be certain that the price won't go below these levels whenever a btc rally sees a correction.

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October 28, 2018, 05:59:09 PM
 #14

I think bitcoin prices currently fluctuating very low it's not a big deal.Because this the nature of bitcoin or any other crypto currency.We know bitcoin price like a rollar coster it's rise up and down anytime. In this crypto world we can't say what will happend.We just can predict on it. I think this is not a strange thing.It's happend every moments.Bitcoin price don't stay in fixed figure,it's always changing.I just say no more vigilant for bitcoin and don't be panic on it,thank you.

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October 28, 2018, 06:07:03 PM
 #15

Did happen already and it wasn't that strange to be honest.

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October 28, 2018, 07:01:39 PM
 #16

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?


Firstly, the current fluctuations in bitcoin price is not something and it a normal thing in bitcoin market either. However, this is one of the reason why bitcoin gives a lot of investors huge profit in the past.
Nevertheless, the market been stable shows that the bitcoin market is resisting the dump in price despite the capital market was closed for the weekend.

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October 28, 2018, 08:10:57 PM
 #17

I think the market is stable as no good or bad news are not coming. once any good news come from some big companies, then the price will pump and vice versa.

It's not that. We had good news earlier this year and price was going down. I think that we have the length of this bear market to blame. If you check July 2016 we had almost the same situation. There was no volatility and no volume and the market slowly regained it 2 months later. News can help but the price will become volatile even without them. Bitcoin needs time to finish the correction and start another cycle.
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October 28, 2018, 08:59:47 PM
 #18

Do you think the price of bitcoin will not fall below?

I am sure that the price will reach 4,000 dollars by the end of the year, and then the Bitcoin exchange rate will start to rise. Over the next year, the price will increase by 100%

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October 28, 2018, 10:46:41 PM
 #19

It's actually a normal thing for btc to fluctuate due to volatility of the btc currency. In my opinion,  btc is somewhat like on the stabilize trend as this has been within the $6k to $6.5k level for several months now and not a strange market condition. Try to review on the btc market history and you will realize that btc is in a stable market condition and a promising cryptocurrency for investment.

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October 28, 2018, 11:00:36 PM
 #20

I guess it's possible that the majority of users here arrived here 2016 and after in which case they haven't had a dose of the extreme boredom Bitcoin can offer. Early 2015 was as dull as this and the price often wouldn't move more than a buck or two every hour.

Some might think that means the doom is over and it's on to indifference. I dunno. I'll be more confident in that once early next year is out of the way without too much incident. That still leaves a few months for things to plunge.
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