Quote from: cmacwiz on April 29, 2018, 11:28:34 AM

Quote from: dogooder on March 08, 2018, 05:39:19 AM

Bitcoin for the past few months have not been spiking again as we experienced in 2017, the price has not gone beyond 12k, my question is that is the price now stabilizing?.

No, the bitcoin price is not stabilizing and this is just a market crash which have taken much longer than it usually does for the recovery of price and from my experience this will take a few more months to recover the previous highs.

Right, what is happening with the bitcoin price is nowhere near stabilization. I do really think that the word stable is not for bitcoin. It had been established from the start that bitcoin and other cryptos are volatile. For years, we have seen the prices jumping from different prices and fluctuating down or up. Hoping for the prices to be stable is like hoping for nothing and besides the volatility is where we get profit. We just have to understand and learn how to make profit despite the volatility.