Quote from: lenovo16 on January 29, 2018, 02:03:37 PM

Quote from: Digital Mutant on January 27, 2018, 08:18:04 AM

What do you think is happening?

Is people hoding less their coins?

Is there more manipulation by big whales, speculators or big institutional investors trying to profit the flavour of the moment?

I feel that there are big players "pumping and dumping" in order to manipulate the market to stabilize price and "control" in a certain way the price fluctuation.

Obviously bitcoin is very dangerous for our old corrupted economy, don't you think that in acertain way there's an unusual stop of the past few months trend?
After reaching $20k there's a correction to $17k and then price stabilizes at 11-12k with mini-dips that last seconds before going uptrend...

In my opinion the key factor could be also that if bitcoin reaches $30-50k then it will be very difficult for newcomers to buy bitcoin for buying altcoins in the exchanges.

So that stabilizing the price to an affordable $10k for a while could be a way to engage more people to bitcoinworld.

Or maybe it's all ok, there's no manipuation, it is a stanby before the big run to $50k-100k. Then newcomers will start buying and trading in Ethereum or Litecoin, because at the moment there aren't exchanges accepting fiat money, you have to enter and buy your altcoins directly with cryptocurrencies...

Which in your opinion are the main reasons?

In my opinion , the main reason why the value of bitcoin this past few weeks are stable between 11-12k is because the supplies of BTC in the market are enough. There is no shortage happening that cause the bitcoin to rise. And because all the demand are being sustain by the bitcoin, there will be no huge movement happen. And thats what makes the bitcoin more safe than before.

Yes there is no more demand in the market, and I think people are not investing in bitcoins, maybe they are waiting for less price to buy bitcoins. And those who are holding bitcoins they are waiting for the best price to sell. Maybe because of this reason now the bitcoin price is stable.