Quote from: senne on December 11, 2017, 07:21:10 PM

Quote from: HasHe on December 11, 2017, 07:07:51 PM

If bitcoin price gets stabilized,then most of the investors would lose interest as most of the new investors just buy bitcoins to get quick profits.They totally differ from the early investors of 2011 who just bought bitcoins having trust in it and to use it for transaction purposes.

Exactly, volatility is the factor which up-brings Bitcoin to life and once that goes away many investors will lose their faith in it. Bitcoin may get stabilized which can lower the transaction fees but it will rush again either up or down both have equal chances. Bitcoin's price is subject to many factors so we can't determine upon only one thing to stabilize it. Bitcoin's turbulence is here to stay, how long ? it is hard to suspect. Bitcoin Futures might have the possibility of calming the prize, but nothings definite in that either.

If it can help the transaction fees it would be great.
Then it can lose its attractiveness to some investors when we get a more stable price, but also attract other kinds of investors, the ones who usually buy stocks, trade on stocks, are happy with a 10% profit over a period of six months (the "reasonable" investors), I mean especially when we know banks in US will probably now offer Bitcoin to their customers, that means more "average Joe" among the holders.

Quote from: coolcountry on December 11, 2017, 06:17:03 PM

I think $20K is too soon to stabilize. Honestly, I wasn't thinking that we wouldn't see $15K in 2017, now I'm thinking maybe $25K might be possible within this year. I'm thinking it's too early to talk about stabilization before $50K levels.

Quote from: howard.ashoul on December 11, 2017, 07:49:18 AM

Dunno about 20k.

Like 3 weeks ago nobody would believe, that BTC could cross 10k before Christmas. and now we are at 18k... . You really can't tell what's going to happen in net 48 hours on this market.

Quote from: saycryptohello on December 11, 2017, 07:11:44 PM

Why you chose $20.000? Because it is a psychological level? or a beautiful value? Last days showed that Bitcoin price is no predictable.

Your replies are all off topic if you took the time to read the questioning of the original poster.