Post
Topic
Board Speculation
Re: What keeps Bitcoin price stable?
by
noictib
on 08/04/2017, 04:57:49 UTC
Price rising =  rumours + good news
Price going down =  bad news + panic selling + whales cashing out

But what factors keep Bitcoin price stable?
In my opinion it is not stable from the time when I started because the bitcoin selling and buying speedly going on in the internet so we can't say there are based news effecting bitcoin , well here a good thing that flutuation in the bitcoin is s profitable thing for us to make earning ( I mean trading job ) .
Here also the news of real descion of the governments of the countries about the bitcoin increase the bitcoin flutuation more ( for example when a state of Russia got banned to use bitcoin and the price got down )