Post
Topic
Board Speculation
Re: Why bitcoin rate is stable since june 2016
by
dunfida
on 24/09/2016, 14:49:53 UTC
Can you please tell in brief that why bitcoin rate is stuck at around $600. I am confused wether to buy bitcoin or sell. I am very conscious about its future. So please stamp your own views here.
It because of halving thats the main reason why the price of bitcoin is stuck around minimum of 600 dollars , im a little bit confusing too that i know there are new investors who using bitcoin and using it for there companies if the bitcoin price drop it will minus atleast 20$ or maybe low ?
Halving  does not have any relation regarding on bitcoins somewhat  stable price since movements are basing  on  supply and demand  on bitcoin ecosystem. Price is  not  moving  for big amounts and we observe it  for how many weeks now and i assume theres  no  buyers  and  sellers as of this moment.