Dacosta Osei-Tutu (OP)
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November 09, 2018, 06:44:30 PM |
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The price of bitcoin has not shown any significant rise or drop for almost two months now. What do you think could be the cause. Or do you think at long last bitcoin is going to be stable.
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XinXan
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November 09, 2018, 06:52:06 PM |
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It's not even close to being stable, it's stable compared to before but for a supposed ''currency'' it's far from stable. The EUR or USD is stable, bitcoin is not, not even now. This wont last much longer either, we will see a break eventually either up or down.
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proTECH77
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November 09, 2018, 06:52:30 PM |
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Whenever Bitcoin become stable then it acceptability and adoptability will be global and more investors will troop into the market to make their investment, also, the real world usability of Bitcoin will be actualize at point of stability. Recent price of Bitcoin has display to the community that Bitcoin is defining it methodology of it state of being stable. In the nearest future Bitcoin price will be stable.
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bangkecol
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November 09, 2018, 06:56:07 PM |
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It seems that it will not be over soon, I think in terms of technical price movements show a stable but certainly move up even though in a small range. Chances are I think the beginning of the year will be a strong market turmoil, because of the ETF that will be scheduled for 2019
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sunilnagaraja1996
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November 09, 2018, 06:56:33 PM |
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I think what you ask about bitcoin becomes stable? it will be a million dollar question here no one can give a prefect answer here if they are in expect in crypro market also because i was see more than 100 prediction about crypto market all of then fall to give 100% results.
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MULTIK888
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November 09, 2018, 06:56:40 PM |
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The price of bitcoin has not shown any significant rise or drop for almost two months now. What do you think could be the cause. Or do you think at long last bitcoin is going to be stable.
Now we are seeing nothing more than the accumulation phase in the future of the bulls. This has already been observed 2 times in 2013 and 2016. While it is too early to talk about the stability of bitcoin, but to go further as we see no one wants when approaching bitcoin to 6000 dollars there is a sharp increase in trading and everything pays off. Too low prices are not profitable for mining and therefore the price will not go down. Soon you will again see the price movement and it will be spring 2019.
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UsherClara
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November 09, 2018, 06:57:02 PM |
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You are assuming that one thing will never happen because my market is always changing with supply and demand so the bitcoin becomes stable is impossible
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kamilah147
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November 09, 2018, 08:40:16 PM |
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The price of bitcoin has not shown any significant rise or drop for almost two months now. What do you think could be the cause. Or do you think at long last bitcoin is going to be stable.
the situation that is currently happening to bitcoin is indeed making all anxious, because it has not shown a stable price to date. the price should start stabilizing at the end of the month. we are patient with this condition
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Bitcoinnation
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November 09, 2018, 08:59:23 PM |
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This kind of price movement has happened before... there is nothing new about it. It could even go one for a couple of months of a year after which we will probably see a bullish trend (hopefully). And I really don't understand why people say the USD is stable, When I compare ii with other currencies or local currencies, I see fluctuations. Most people misinterpret the word stability.
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Bugatti73
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November 09, 2018, 09:32:45 PM |
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Traders will start to panic and interest in this currency will definitely fall with the investor. But there is a chance of adopting Bitcoin as a payment system.
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pixie85
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November 09, 2018, 09:39:52 PM |
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It's called consolidation and it always comes after a big correction. This is really nothing new or unexpected. It also doesn't mean that Bitcoin is becoming stable. It has to go through this phase to start another uptrend that later slows down and develops into a distribution phase. Distribution is the moment when investors who bought during the accumulation start selling.
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felicita
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November 09, 2018, 09:42:07 PM |
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Currently we are relly stable against the last 9 years ago And what is happening ? I guess not much. We need more good news publishing around the world so more and more people will give more trust in btc. regards
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rickn
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November 09, 2018, 09:56:11 PM |
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This "false" stability of bitcoin and various cryptos is due to the wait for news that can finally revive the market. Whoever is inside the market is waiting for the bullish moment, while whoever is out prefers to stay out until the market improves.
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Xardasim
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November 09, 2018, 10:00:47 PM |
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The price of bitcoin has not shown any significant rise or drop for almost two months now. What do you think could be the cause. Or do you think at long last bitcoin is going to be stable.
It can be difficult to keep the digital currency stable without anyone's control. Just recently the unfortunate fall of the price and the expected news stabilized situation. I have no idea how long this will continue but it will not be possible to continue until the end.
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taguig
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November 09, 2018, 10:38:30 PM |
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The price of bitcoin has not shown any significant rise or drop for almost two months now. What do you think could be the cause. Or do you think at long last bitcoin is going to be stable.
Bitcoin and cryptocurrency are highly volatile it could stabilize for a few weeks but it will eventually go up and down if there is good news and people see positive things about Bitcoin Bitcoin will resume buying Bitcoin but any hacking incidents again from bi exchange can bring the price down again.
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kamBlanV
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November 09, 2018, 10:44:00 PM |
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yes, until the end of the year bitcoin will stabilize at $ 6500 or $ 7000, but bitcoin will not be a stable crypto.
it looks like bitcoin is still hesitant to move, old investors still hold a lot of bitcoin, so bitcoin is a bit stable.
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bellamente
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November 09, 2018, 10:51:52 PM |
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Now many people sell altcoins to buy bitcoins. This gives Bitcoin to be more stable, but altcoins are falling in price.
I think everything should stabilize soon and start growing.
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BuyBuyBitcoin
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November 09, 2018, 11:23:10 PM |
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It will take another 20 years for bitcoin to be "stable"
It's a new asset class.
People dont know how to value stocks on wall street properly, how long will it take for the world to properly value the strongest asset that has ever been created? Probably decades before enough people give up shouting FUD about bitcoin and value it properly like the rest of us.
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Avoiding ICO's and Shitcoins | Finding where people can Buy Bitcoin Around the World.
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aoluain
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November 09, 2018, 11:32:30 PM |
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While Bitcoin is stable now and it could be for the next 12 months, it will not last, there will be times of greater volatility. This is the nature of Bitcoin, the nature of a decentralised currency.
Remarkably this is a period of no FUD or FOMO.
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bloodyvio
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November 09, 2018, 11:39:46 PM |
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maybe there will be many merchants that accept payments using bitcoin if it happens price stability is an important factor for adoption people will find it difficult to accept payment using crypto if the price of crypto is volatile basically they don't want lose their money
but i'm sure it won't happen because the price of crypto or bitcoin will never be stable except for stablecoin, they are pegged to fiat currencies
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