Quote from: liseff3 on October 12, 2018, 12:43:19 PM

Quote from: kentrolla on September 27, 2018, 11:25:08 AM

There has been numerous discussions about the stability of bitcoin and what is the stable price for the bitcoin, as we see the market has been tending around $6000 for months and one more thing which we have witnessed is that bitcoin will not dip any further below $5000, so shall we consider $6k as stable price for bitcoin?

If we compare with the price of bitcoin in previous years, I think $ 6000 to $ 7000 that's a very stable price even this's much better.

True, maybe the entry of new users who invest in bitcoin is the main reason. Even though, the amount is not that big but can make the bitcoin price last around $ 6.000 - $ 7.000. So $ 5.000 is the price which's impossible.

You right, we have been in this price range for a long time, even the weakening of the price will not make prices fall below $5k, this is a stable price for bitcoin, we don't know how long the condition will remain like this, but if there is no shock news maybe there will be no changes