Post
Topic
Board Trading Discussion
Re: Why is bitcoin price so stable in 2018?
by
Dread Pirate Roberts
on 29/01/2018, 21:39:58 UTC
I am not seeing any stability of bitcoin rather a bearish market of it. This I think is normal, last year this was also felt. Plus, we had been hearing news about the government's action against bitcoin so this factor would be affecting.
I see the bitcoin is increasingly stable, you see the price of bitcoin is only moving in the infinitely small as high as 10%. Show that bitcoin is at the threshold that we can buy, this is our chance, you probably know bitcoin has time up to $ 20,000 and I believe the bitcoin value is even higher that too.
No it is not really tire and bitcoin price stability does not make sense at all. Price of bitcoin use to get down in some time but at the same time again it sues to grow. Value of bitcoin is most popular thing that we can talk about, as much as the demand and value of bitcoin will increase the same way bitcoin will be popular and popularity and demand will increase the price of bitcoin so for me bitcoin will increase in coming couple of months.
In 2017 bitcoin has grown so many times as investors from other markets are beginning to be interested in bitcoin as a way to increase the investment in bitcoin. The demand for bitcoin investment increased sharply causing bitcoin to become scarce and increase a lot. But in 2018, when people have come to accept the value of bitcoin, it will be seen as a place to store assets and investors need more stability for bitcoins. So I think that in 2018 bitcoin will still grow well but not as strong as in 2017.

Totally Agreed with you. the price of 15k usd was an achievement beyond expectation by bitcoin itself.
which what I believe right know also the price will not be like 2017 ago. will probably give a few more years to show the price again. for now hodler just should enjoying roller coster of chart price.