Post
Topic
Board Speculation
Re: I don't like this stable price!
by
Dodoymabs
on 22/10/2018, 11:05:49 UTC
For some of us that has been speculating that bitcoin is going to pull back to $3,000 and $1500 I don't think the current stability is going to allow that to come to pass and for those that said bitcoin is to moon,  maybe above $20,000 the stability is still not going to allow that to happen.  However,  if bitcoin price is not stable within a range there is not going to be adoptions buy retail and wholesale business. Stability of price is what will help bitcoin become  acceptable.

Well, for the holder, it is likely a disadvantage because their stuck. But for the traders, this is probably the time to buy and sell due to the small fluctuation especially those who are short term traders. Better to divert some of your asset to altcoin and do the trades if you want to at least gain some good amount.