kotajikikox
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October 28, 2018, 11:10:41 PM |
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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?
Nothing surprise nowdays bitcoin price is in the lower price since first month of the year 2018, i think you need to reseach what the story of bitcoin this current year to stop worrying. I agree one of the major factor of bitcoin stability is the support of people, this year is time of challenge who is have a lot of patience he got succes if the price jump again.
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bajingluncat
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October 28, 2018, 11:49:20 PM |
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in investment fluctuations are very dependent on demand driven by positive issues in the public market, for example when fluctuations can be said to be low it might be due to the absence of something that drives a surge, usually the end of the year is the best, but for this year I am not sure will happen, the market is still cold, no big investors have entered, but with stable prices this may be the right time to use bitcoin not just an investment asset but rather a transaction tool
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gesdan
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October 29, 2018, 12:02:42 AM |
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bitcoin price is up and down, it is very ordinary, why? because we can see the demand for bitcoin is not stable right now, many people is want to buy bitcoin when it start increase and sell when it start to decresase, so, if the bitcoin increasing, it will increase more and more, same with the value decreasing
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pakhitheboss
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October 29, 2018, 12:17:06 AM |
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Actually this may be the silence before the storm. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) This is the right time to enter the market as the price is stable and from this stage you can only expect the price to go up. Be patient and wait
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Minhxx
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October 29, 2018, 02:06:58 AM |
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In my opinion bitcoin prices are moving like this because almost everyone is storing their bitcoin and do not want to sell them, inferring the transaction stopped at this level because not too many people put buy or sell orders.
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Dexion
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October 29, 2018, 02:35:09 AM |
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yes, bitcoin volatility is now low and short, the bitcoin volatility cycle is only spinning at $ 6K. but some people can still get profit from bitcoin.
there are many reasons why bitcoin today has low fluctuations, FUDs, panic, loss of trust, high sales, and negative conspiracies from some people who hate bitcoin.
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Zin-Zang
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October 29, 2018, 03:45:45 AM |
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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 you really have yet to see lows, below $3000 will be low. ~$6500 is kind of a balance on a cliff, and we don't yet know if it will hold. Time will tell.
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pooya87
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October 29, 2018, 03:48:00 AM |
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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.
didn't we have other stable periods like this after 2016 too? i think we did and i think people tend to forget. in any case it is not an excuse to say they arrived after 2016 because the charts aren't hidden away! they can easily look at the history and see how things have been so far. with a little zoom you can see price becomes stable every now and then, but only it is prolonged when it happens after a big bear market like what we had.
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BarneyXC
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October 30, 2018, 02:31:05 AM |
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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.
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Mickie James
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October 30, 2018, 03:49:42 AM |
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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.
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Twentyonepaylots
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October 30, 2018, 04:20:39 AM |
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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.
Bitcoin price fluctuate every now and then as it is one should note that Market is Volatile, its price value movement is based on the Volume of the investment put in by the investors into the crypto market, The behavior on the market is always visible on either Stock market or crypto market, price value may goes down or goes up dependent on the consumer's behavior on investment into crypto or ALTCOIN in the market. it is normal to see this fluctuation on the market price value.
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giantrobot
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October 30, 2018, 04:37:55 AM |
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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.
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The Seller
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October 30, 2018, 05:41:36 AM |
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I think this is happening not because people have started not to be interested in bitcoin. It seems that this happened due to the number of people who stopped temporarily from entering the market because the prices seen continued to decline since 2018 and this made investors and traders prefer to monitor market movements and choose to keep holding their coins.
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jacafbiz
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October 30, 2018, 06:21:12 AM |
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I still feel there is still alot is going on behind the scene that most people are not observing, when we see the volume drying out on the crypto exchanges that mean this volume is going somewhere, the OTC. With recent reports stating that the number of OTC volume has increased greatly this year and most institutional investors have learnt their lessons from last year bull run. I for one believe we are entering a new phase in Cryptocurrencies in general
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arikassuja
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October 30, 2018, 07:01:00 AM |
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when the price of bitcoin is still very cheap as you should now be able to use to buy, you don't buy coins when the price goes up because it will definitely be stuck at an expensive price, the key is you have to be able to buy at a cheap price and wait until the price rises.
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nl247
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October 30, 2018, 12:47:14 PM |
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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.
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Nikolas Brown
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October 30, 2018, 03:14:53 PM |
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In the volatile crypto market, this is nothing new. Bitcoin has gone through such kinds of stability before. And this stability does not mean that people is less interested in the BItcoin.
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Jadyn Arroyo
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October 30, 2018, 03:19:05 PM |
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The price is low compared to last years skyrocketing period. But the price is stable around $6500 for quite some times and it may be a good sign. It doesn't mean people are not interested in bitcoin just because the market is stable.
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KorakPawon
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October 30, 2018, 03:36:23 PM |
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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.
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Connor Guzman
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October 30, 2018, 04:53:04 PM |
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The market has been inactive for a couple of months,and while stability I'd welcome some are in need of some action.Market forces decide the rise and fall of cryptos. So if it's low means the demand right now is low.
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