Post
Topic
Board Speculation
Re: Bitcoin price stabilizes?
by
posi
on 23/06/2018, 11:35:07 UTC
Markets are getting better right now. And I am sure it will much more better in the future. Usually coins price will pump after its experience falling price. Its a good time to buy bitcoin, and I will tell you that bitcoin price will never stable as long as many traders are trade bitcoin every day and if bitcoin still has low liquidity. The key is liquidity.
i see the market is getting down every day, and there is no market stability. this is because the government has not legalized cryptocurrency, so many investors are cool and calm waiting for its development

Its hard to make crypto market stable because no authorities handle bitcoin supply. Market drop in several months because many peoples believe on false news and they become panic.
Crypto is new bussiness and it just 9 years old, with market cap above more than 250billions, i think its already good achievement and we will see trillion dollar market cap in the future
Of course cryptocurrencies market is decentralized which is also the reason why it hard for it market to be stable but not all cryptocurrency are decentralize and concerning the cause of the dumps of the market FUD was not the only cause because whales market manipulation was also among the cause of the current dip of the market.