Price stability

[sana54210]

The condition of the market right now its either stable or bear
I dont know until when is this accumulation stage or maybe its true that it will still get lower as it is right now

No one can know any of the question you are asking bro, the only thing we practically know now is the fact that this is a market that is trying to find a direction and as a result of that, we can consider the market choosing some level of stability before we get to see that eventually but it is nothing new, it has happened before, it will happen again, until at least we get to see bitcoin in a very usable state when it is something that has grown to the level of huge adoption as well as usage, and I believe that would make stability become normal to some extent, or will I say less volatility actually, as I do not like considering things like this stability.

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[louie69]

I am no expert in cryptocurrency but all I can only say is that btc is somewhat like more of a stabilized cryptocurrency where it is playing between the $6K to $6.5K level in the past several months. Despite of the existing Lightining Network contribution of btc in which it had an improved in the transaction speed which is more faster than before and all of what has been improved actually has not change the market price to rise up higher breaking the resistance. Anyways, I still believe that btc may still make a history and make a bullish market before the year ends which most people are waiting to happen soon.

[Ranly123]

I'm not even sure whether this is a bad or a good thing right now but this is definitely unusual and I have never seen it before even though I have been in the crypto scene since 2014.

From what I can see the development (Lightning network etc.) is more active than it ever was, so shouldn't that give a little boost to the price at least?

At least it can boost the price but I guess it's not that much to reach the previous ATH. If the price is more like stable one, then we can tell that the development of it is stable so we have nothing to worry about the currency prices in the market.

[Westinhome]

in fact at this time the price of bitcoin dropped was very normal because at the beginning of the year bitcoin had already directed its highest price.
I think next year bitcoin will rise...

Maybe it will going to rise in the end of this year, As of now the price of bitcoin was stable and still in a value of $6000. But that was not drop so much, Than the other coins in the market they are look like a shitcoins because of the price are not totally back in a high price but still go down so much. In that way must better to sell them early than to hold.

[AlehandroTheGreat]

No no no there will no be any price stability , every 2 years we are going x10 then again back to bear run and wait another bull run.... every time the same thing happened

[vixcious]

I'm not even sure whether this is a bad or a good thing right now but this is definitely unusual and I have never seen it before even though I have been in the crypto scene since 2014.

From what I can see the development (Lightning network etc.) is more active than it ever was, so shouldn't that give a little boost to the price at least?

The current price of bitcoin is stable for a short time. It seems the market has changed the way it works. But that is not the advantage of traders now. We need to change strategy, long-term investment will be a wise decision.

[loopes]

I'm not even sure whether this is a bad or a good thing right now but this is definitely unusual and I have never seen it before even though I have been in the crypto scene since 2014.

From what I can see the development (Lightning network etc.) is more active than it ever was, so shouldn't that give a little boost to the price at least?

Many people still feel traumatic about the bitcoin price fall from $20.000 to $6.500. market still afraid about bitcoin. Although the development of technology could give good impact to bitcoin and can make the price rise but investors who have many bitcoin can make the price fall although they only sell $2000 btc aproximately, that amount is enough to influence bitcoin market.

[xlmlover]

everyone wants a stable and better price than now. but this cannot be easily predicted, hopefully the market situation in the future is better than now.

[Xardasim]

Bitcoin price at present time is good because if we look at the present market situation it is the actual position of the crypto market and the abnormal fluctuations in the market seen in the last year 2017 and now we can say that price is stable in these days so we can say that future is prosperous.

The price is stable, it can be a light for the future, but no one is sure that this will happen. Price volatility of Bitcoin causes people's interest. If the price remains constant, we should forget the gains as in 2017. Many owner will leave cos they are here to earn more and they have no reason to stay here.

[greeklogos]

you are so long with crypto, but such stability as we have this year seems so unusual to you?! We should to thank God that bitcoin is so so stable, at least it doesn't get cheaper, right? Just remind how many time bitcoin needed to reach 1k $ and if you remind this you will stop to expect from the coin any high and fast jumps anymore.

[maarx]

you are so long with crypto, but such stability as we have this year seems so unusual to you?! We should to thank God that bitcoin is so so stable, at least it doesn't get cheaper, right? Just remind how many time bitcoin needed to reach 1k $ and if you remind this you will stop to expect from the coin any high and fast jumps anymore.

I really appreciate the stability as well. This is another sign of a healthy growth down the line. We truly need when comparing with a huge fall after the massive spike in 2017.

[batang_bitcoin]

Lightning network is still in the testing phase so its not yet on its full potential.

everyone wants a stable and better price than now. but this cannot be easily predicted, hopefully the market situation in the future is better than now.

I think what OP talks about price stability is like those old days when we have $15,000 ~ $20,000 and that's stable. There's assurance that you can sell anytime with those prices. But right now, this is how the market reacts and I think it has some connections to other markets.

[Bitfling]

I think stability on price is hard in cryptocurrency. Price movement very high and i think its usual because demand and supply can change in a minute. Lightning network good for bitcoin but investor prefer wait and see on the price right now because bear market

[ausbit]

I'm not even sure whether this is a bad or a good thing right now but this is definitely unusual and I have never seen it before even though I have been in the crypto scene since 2014.

From what I can see the development (Lightning network etc.) is more active than it ever was, so shouldn't that give a little boost to the price at least?

Price stability and volatility are both have pros and cons on their sides. If the price of bitcoin is stable than the people who sell stuff can put a set price on bitcoin value and get paid in that without worrying much about the drops or increases in the price however the price stability also kills the adoption because so far in the bitcoin history people have come because they believed the price was going up and they want to be part of this and make money from it. Hence, price stability has both good and bad parts about it.

On the other hand price volatility helped us get bigger prices so far and the traders have made immense amount of money from it and that helped more and more people to flock into bitcoin world and try to make money otherwise they couldn't.

Moreover, the drops and the increases in the price even though helped the traders and new people it really didn't helped at all when it comes to buying/selling stuff everywhere, if it was too stable we could have had much more places on world where we could spend bitcoin instead if fiat.

[hrunya102]

Those who were going to buy cryptocurrencies have already done this, but for new users is probably not enough.

[devinks]

Those who were going to buy cryptocurrencies have already done this, but for new users is probably not enough.

price stability cannot be done by anyone because there is no coin that is truly stable in price, the price of the coin rises erratically at all times. coins are usually stable at the end of the year but that is only temporary.

[ibrayzorhaf]

in my opinion by looking at the movements that have taken place from last year, indeed this year's movement is unusual, but the reasons are clear, and also changes in the system and trust in crypto are getting better, only investors still think long to invest, and also the issue that made the crypto players decide too quickly to sell their coins

[DAVETUN]

Price stability is realistic, and this has been achieved for over two month with little change in price, I feel this is as a result of lots of investors still expecting a final correction of Bitcoin and some are waiting for the bullish period of 2018. The future is bright for the cryptocurrency space.

[Gibreil]

I'm not even sure whether this is a bad or a good thing right now but this is definitely unusual and I have never seen it before even though I have been in the crypto scene since 2014.

From what I can see the development (Lightning network etc.) is more active than it ever was, so shouldn't that give a little boost to the price at least?

Hopefully yes! But it does not mean that lightning network is only the factor that will boost the price of Bitcoin. We have some news that will attract big investors. Once whales will wake up. I assure that the price continuously moving up. We must not depend on a single information because it may lose and our expectation may despair also.

[Semosuchi Tesongrato]

I do not know why, but this "stability" worries me almost more than the volatility I was used to.
Certainly it is a prelude to some kind of explosion, but I would like to know in which direction. Like everyone else.