Bitcoin prices are currently fluctuating very low! This is a strange thing.

[jonsky05]

I think it's not strange because it's normal because its happen before maybe to some new comer in crypto its strange that the price in the market is fluctuating but it's normal because it will not always on top and we know that its decentralize.

[1714925039]

1714925039

[1714925039]

1714925039

[1714925039]

1714925039

[1714925039]

1714925039

[pinoyden]

I think it's not strange because it's normal because its happen before maybe to some new comer in crypto its strange that the price in the market is fluctuating but it's normal because it will not always on top and we know that its decentralize.

thats right and i agree that it is actually normal to see fluctuaions like this  , i believe that whales did this manipulation . they decided to dump the price slowly so that many people will continue to panic and if that happens , the price will even drop sharply but whales isnt the one that will get benefit the most  because other investors will also take this oppurtunity to buy and hoard more coins . dont worry , the price will soon recover and i think it can happen on the mid of november or decemer  this current year  .

[Cacingkemi]

Not surprisingly this incident shows the public the value of BTC does't always rise/fall fluctuations quickly,there must be a period like this so there are words of long terms for investment in BTC and I think this is the usual thing in crypto.Indicates who has a strong hodl of the bite for a long period of time.

[aencarnaci]

I think this is because the regular people get out from trading and many people are either in fiat or in bitcoin but not trading anymore trying to make more money. A year ago everyone was a master about which coin was to get and even at the most unusual places you have seen talks about buying some obscure coin and that was the way to riches, nowadays no one really does that at all.

It means the whales who try to control the market can't anymore because in order to control the market it has to worth what you are doing and when they spent millions of dollars into bitcoin than there was other people who spent tens of millions of dollars and their speculation was not seen and balanced.

Nowadays, if they try to do that than they would have to really move the market themselves and when they want to get out they can't because there are not enough money to go around.

[normanz]

There is nothing strange because bitcoin prices fluctuate and it can make a sharp decline, don't worry bitcoin is still the best in crypto and bitcoin will have the opportunity to increase, be patient and calm yourself.

[gamalzour]

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.

If newbies are selling their holdings because they are afraid and then doing it at loss, then they should have themselves to blame in the long run and not the market, because the idea with whales is to shake them out of the market, and I am sure with people doing this, they are actually just giving the whales a filled day eventually.

This is a market that is still growing, we are still in an early phase and there is absolutely no way this market has stopped growing, and if some people are to short minded and cannot focus on the long term, then, that is their cup 'o'  tea.

[South Park]

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?

Stability is the most common state for any market, this may seem difficult to believe especially for those that became investors or traders at the end of the previous year but that is just the way this, a stock cannot go up forever and it cannot go down forever either, at some point an equilibrium is reached between those that want to buy the stock and those that want to sell it and that is what you're seeing.

[hahay]

I do not feel there is an oddity with the stability of bitcoin prices because the market will not continue to deteriorate and also increase, so with this stability I think it makes me personally feel safe because there was a lot of speculation that said if the price of bitcoin will fall below $5k. But what happens is that the price of bitcoin is able to survive and I'm sure there will be a change in good improvement in the near future.

[STT]

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

Only the tech companies are moving around a vast amount (they tend to be overpriced and speculative on future growth far more), most companies are still quite stable day to day where as BTC changing from 6000 to 6500 in quite short amount of time still represents a 8% change.
I think BTC trading on Chicago futures has changed its nature some perhaps.   Also quite alot of anticipation in various ETF applications and even moves in alternate crypto protocols which are sold in BTC often could be a large part of support to pricing

[AGD]

How do you like the fluctuation now?