Ninjastic
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Board Speculation
Re: Stable Bitcoin Price
by
BitHodler
on 22/08/2016, 14:06:21 UTC
Quote from: Rukusilf on August 22, 2016, 01:57:54 PM
Quote from: BitHodler on August 21, 2016, 02:06:03 PM
Quote from: virusasog on August 21, 2016, 01:27:30 PM
I would like to say that bitcoin price is stable at present moment. In future near this end of this year bitcoin price will increase upto 800$ and it will stable through out next year. So hope for the good one and everything become normal.
Hoping for something to be all right won't bring you anything. Bitcoin is too unpredictable for that.

Having said that, the current "stability" might actually bore certain large traders and make them dump as result. That's why I am prepared for literally anything right now.

The stable price could attract some big whales and pump the price a lot after they have got enough coins before the pump.
I am sure whales have done their accumulating at the time the price was very close to $500, and the lucky whales have even got sub $500 coins at the bottom of the recent dump.

I really see no reason for a pump at this point. If we will see a pump then it will be coming out of nothing from China.