Post
Topic
Board Speculation
Re: Stable, stable, stable!
by
uki
on 16/04/2016, 18:23:11 UTC
stability is a really good thing for now, in my opinion it means that the bitcoin price is ready for a huge growth in the future because of the buy walls that are being built right now

i hope that people will keep on buying in the future especially before the halving because it will allow the price to grow at a very rapid pace, because right now we have a long stability period
once again, this recent horizontal trend since mid of January should not be confused with stability. Price of Bitcoin is all but stable at the moment due to a simple fact that Bitcoin has only a bit more than six years. Being even less time in the market, it is still in its initial phase when the main force is volatility not stability.

The price is stable for now by the bitcoin price history. But the price will rise very fast in the near future.
I actually don't agree with both statements. Bitcoin price is not stable by any means. We are in a horizontal trend since mid-January, but as soon as there are some news the volatility will return.
Whether it will be rise or fall, it remains to be seen.