gabmen
|
|
December 16, 2018, 05:17:12 PM |
|
Do you agree if Bitcoin finds a meeting point for stable prices in the range of $ 4000 - $ 5000 ...? and I think you might not agree but if you look at a few weeks until now, this is what happens to the price of bitcoin still at $ 4000 maybe this is the best way for bitcoin or bitcoin that is still in transition
The last multiple times the shorts looked this much, both recouped about half of the fall previously. Which returns us at about 4.9k tops previously we go down once more. Accepting the cycle rehashes. Clearly this won't occur in a couple of days. Yeah can't be determined yet since we're too close to the holidays. We could be staying under 4k until the year ends where real movement may commence. One thing bugging me is that we were stable around the 6k range for more than a month and the next movement was a steep decline.
|
Report to moderator . ██████████. .████████████████. .██████████████████████. -█████████████████████████████ .██████████████████████████████████. -█████████████████████████████████████████ -███████████████████████████████████████████████ .-█████████████████████████████████████████████████████. .████████████████████████████████████████████████████████████ .██████████████████████████████████████████████████████████████. .██████████████████████████████████████████████████████████████. ..███████████████████████████████
|
|
|
worldofcoins
|
|
December 16, 2018, 05:21:07 PM |
|
Do you agree if Bitcoin finds a meeting point for stable prices in the range of $ 4000 - $ 5000 ...? and I think you might not agree but if you look at a few weeks until now, this is what happens to the price of bitcoin still at $ 4000 maybe this is the best way for bitcoin or bitcoin that is still in transition
I think the BTC price has long moved away from the sweet spot of 4-5k if anything its stability will be roughly around 3,5k. This is what I think given the market situation.
|
|
|
|
cuenzy
Full Member
Offline
Activity: 532
Merit: 103
Fast, Smart, Trustworthy
|
|
December 16, 2018, 06:32:57 PM |
|
Do you agree if Bitcoin finds a meeting point for stable prices in the range of $ 4000 - $ 5000 ...? and I think you might not agree but if you look at a few weeks until now, this is what happens to the price of bitcoin still at $ 4000 maybe this is the best way for bitcoin or bitcoin that is still in transition
This is not a meeting point but a perceivable level of good price acceptance by many or what you call support level. It can be true to many but it can't be true to all so if a certain few that has more than enough monetary power than those many, it can really outlast even the mightiest many.
|
|
|
|
nebiki
|
|
December 16, 2018, 08:47:49 PM |
|
when talking about price stability in my opinion it is difficult to predict, because the price of the coin can go up and can go down anytime we don't know. sometimes it can be stable but only temporarily and will certainly change again, very confusing.
|
|
|
|
Renaldi blackspadeteam
|
|
December 27, 2018, 07:51:28 AM |
|
I think, your prediction is almost correct, but in fact, the price of bitcoin is very unstable, don't give up in Crypto trading and continue to make predictions to strengthen your predictions and make you succeed,
How is the prediction correct when bitcoin is currently around $3470? The reality is that bitcoin is down in price today and like it has been happening it can be up tomorrow. yeah, you're right, for now the price of bitcoin is not stable, I see the price of bitcoin is $ 3500- $ 4000 +, this year is quite sad but I think there will still be a beautiful day tomorrow, yeah tomorrow the green candle will be in crypto trading.
|
|
|
|
emberbekas
Legendary
Offline
Activity: 1904
Merit: 1000
|
|
December 27, 2018, 05:03:07 PM |
|
Do you agree if Bitcoin finds a meeting point for stable prices in the range of $ 4000 - $ 5000 ...? and I think you might not agree but if you look at a few weeks until now, this is what happens to the price of bitcoin still at $ 4000 maybe this is the best way for bitcoin or bitcoin that is still in transition
Prices can move within a certain range over a relatively long period of time. But that doesn't mean that the price of bitcoin will forever be within that range. One day the price will definitely leave these numbers. Price stability is something that will be hard to happen in decentralized things where no one can control it.
|
|
|
|
deandree
Member
Offline
Activity: 67
Merit: 24
|
|
December 27, 2018, 06:03:04 PM |
|
Since Crypto is one of the most volatile assets ever, I don't think you will see anything "stable" for a long long time.
|
|
|
|
justdimin
|
|
December 27, 2018, 06:22:49 PM |
|
Prices can move within a certain range over a relatively long period of time. But that doesn't mean that the price of bitcoin will forever be within that range. One day the price will definitely leave these numbers. Price stability is something that will be hard to happen in decentralized things where no one can control it.
Being decentralized is not the core reason why bitcoin is not having stable prices. Being volatile maybe due to decentralized system but bitcoin is having fluctuating prices as it is still in its early days and yet valued to its maximum level but that will take more time as no one could predict what will be the demand when all the bitcoin will be mined out. Bitcoin was designed to have fluctuating prices and definitely not to have a stable price. This is because only fluctuating prices will be attracting more new people to get into adopt it. Yes, bitcoin needs lots of new adopters so that it will hit mainstream. Since Crypto is one of the most volatile assets ever, I don't think you will see anything "stable" for a long long time.
Yes, it may take a century of time to have stable prices for bitcoin. I'm not talking about for all cryptos in general but it is true with respect to bitcoin as it is having limited and predetermined supply but no one could predict the level of demands of future. Hence, we cannot expect a stable price in any near future.
|
|
|
|
minairia3
Sr. Member
Offline
Activity: 1680
Merit: 326
20BET - Premium Casino & Sportsbook
|
|
December 27, 2018, 07:15:13 PM |
|
Do you agree if Bitcoin finds a meeting point for stable prices in the range of $ 4000 - $ 5000 ...? and I think you might not agree but if you look at a few weeks until now, this is what happens to the price of bitcoin still at $ 4000 maybe this is the best way for bitcoin or bitcoin that is still in transition
I say the stability is between $2-3k until 2020. Until new money or the money before has come to crypto again, the price will never rise as what we've seen before. We just need to be patient.
|
|
|
|
Adriano2010
|
|
December 27, 2018, 08:41:34 PM |
|
We can't say that price has a stability, we can have some period of the price being in some range, but this can't be stable in long time, at least not this time, maybe we can have a stability but over years, in 5 or 10 years.
|
|
|
|
Indrawan77
|
|
December 28, 2018, 07:48:36 AM |
|
I don't think decentralised crypto could have a price stability, but if the transaction supply and demand is balance of the transaction volume is not too much then the volatility won't be too big, for this month the price should move in around 3000 - 4000,and that price shouldn't be too far in 2019
|
|
|
|
abel1337
Legendary
Offline
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
|
|
December 28, 2018, 09:14:38 AM |
|
We can't say that price has a stability, we can have some period of the price being in some range, but this can't be stable in long time, at least not this time, maybe we can have a stability but over years, in 5 or 10 years.
We cant assume that in crypto we can have a stable price specially on bitcoin. It can fluctuate fast as you expected. Crypto has a special personality such as it is very volatile. Me myself before was shocked because of its volatility (Im a stock trader before).
|
|
|
|
supermine
|
|
December 28, 2018, 09:53:36 AM |
|
The bitcoin will never settle for any price range for too long so we can't make any predictions based on the current price range since it is just happening for the last few months and the conditions can change at any time when the market changes so make the investment as long term hold to have safer capital if you just do trading too often means you will going to lose more money when the price dumps.
|
|
|
|
wuvdoll
Legendary
Offline
Activity: 1442
Merit: 1025
|
|
December 28, 2018, 04:19:22 PM |
|
Crypto prices are anything but stable. They were stable most of this year but people keep seeing the dropping prices, the problem is when its not stable its chaotic. Prices stay the same for a while, stays stays stays than BAM! it just drops like crazy one day and you lose half of your investment in half an hour.
Its not common of course and it rarely happens, probably just twice over the course of bitcoins life and it has always been going higher when you look at it on a long term but volatility is a part of bitcoins character now and should not be run away from. We should embrace the swings and react to them like they are normal part of life. I know you don't see 50% decrease, 35% increase daily on any other investment but to be honest bitcoin is not like any other investments we do neither.
|
|
|
|
jagdeepjd
|
|
December 28, 2018, 05:18:58 PM |
|
Do you agree if Bitcoin finds a meeting point for stable prices in the range of $ 4000 - $ 5000 ...? and I think you might not agree but if you look at a few weeks until now, this is what happens to the price of bitcoin still at $ 4000 maybe this is the best way for bitcoin or bitcoin that is still in transition
It showed some stability at that price but then it fell to the lower of 3000$ and I dont think bitcoin is going to be stable at a price for a longer time. The trading keeps happening and people buy and sell at support and resistance points so we cannot expect the price of bitcoin to be stable especially with such low market cap.
|
|
|
|
detector
Full Member
Offline
Activity: 484
Merit: 124
★
|
|
December 28, 2018, 05:23:54 PM |
|
Bitcoin will never stable because it is always volatile. Remember that bitcoin value depend on supply & demand , unlike gold or other stock value, they are own by many government and company etc. If you want to make quick profit, crypto is the man but remember the risk !
|
|
|
|
beerlover
Legendary
Offline
Activity: 3094
Merit: 1191
|
|
December 28, 2018, 06:24:47 PM |
|
It showed some stability at that price but then it fell to the lower of 3000$ and I dont think bitcoin is going to be stable at a price for a longer time. The trading keeps happening and people buy and sell at support and resistance points so we cannot expect the price of bitcoin to be stable especially with such low market cap.
Marketcap of bitcoin is 67 billion dollars and I do not think it is at lower side for manipulation. I mean its marketcap is not a criteria for being volatile. Like any commodity, bitcoin's price level also being determined by supply and demand. Even we have calculated supply, the demand is at lower side to match the supply and already existing coins. When people dump their bitcoins, if there are more buyers then we will have rising markets still there will be less possibilities for stable prices. Only after bitcoin will become as a mainstream payment system and people buy and use bitcoins for transacting like fiats, we may have stable prices for bitcoins.
|
| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | ███▄██▄███▄█▄▄▄▄██▄▄▄██ ███▄██▀▄█▄▀███▄██████▄█ █▀███▀██▀████▀████▀▀▀██ ██▀ ▀██████████████████ ███▄███████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ▀█████████████████████▀ ▀▀███████████████▀▀ ▀▀▀▀█▀▀▀▀ | | OFFICIAL EUROPEAN BETTING PARTNER OF ASTON VILLA FC | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | | │ |
|
|
|
Indamuck
|
|
December 28, 2018, 06:36:30 PM |
|
Most people thought bitcoin had strong support at 6k and it couldn't possibly dip below that level but look what happened. All it takes is a few early adopters to come along and decide to dump their bags on the market. This is why people are still worried about the Mt. Gox coins which will eventually be refunded to people that have been waiting years to sell.
|
|
|
|
lovesybitz
|
|
December 28, 2018, 08:56:44 PM |
|
If we talk about the market cap of bitcoin, it is very stable. But, in terms of price value, it's not. Actually, no cryptocurrency is stable and will be stable. Prices of the digital assets including bitcoin are based on speculations. Also, the lack of regulations around bitcoin is another reason wherein anybody who has bitcoin can sell, hold, and move bitcoin.
|
|
|
|
goaldigger
|
|
December 28, 2018, 10:24:18 PM |
|
A stable price isnt the forte of cryptocurrency. If an investment is stagnant and doesnt change from time to time not even going up or going down, this means that the market isnt healthy. Although the price now goes down consecutively, we can tell that it is a sign of a healthy market and we all know that it will increase again in time.
|
| │ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███▀▀▀█████████████████ ███▄▄▄█████████████████ ███████████████████████ ███████████████████████ ███████████████████████ █████████████████████ ███████████████████ ███████████████ ████████████████████████ | ███████████████████████████ ███████████████████████████ ███████████████████████████ █████████▀▀██▀██▀▀█████████ █████████████▄█████████████ ████████▄█████████▄████████ █████████████▄█████████████ █████████████▄█▄███████████ ██████████▀▀█████████████ ██████████▀█▀██████████ ▀███████████████████▀ ▀███████████████▀ █████████████████████████ | | | O F F I C I A L P A R T N E R S ▬▬▬▬▬▬▬▬▬▬ ASTON VILLA FC BURNLEY FC | │ | | │ | | BK8? | | | █▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄ | . PLAY NOW | ▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄█ |
|
|
|
|