Post
Topic
Board Speculation
Re: I don't like this stable price!
by
gilangIDR
on 28/10/2018, 10:34:58 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.
For some people, indeed, a stable market is not good, because when the market is stable, we cannot gain momentum from significant price movements. For a trader, it is very important because with conditions that often change, it is an opportunity to make a profit. This cannot be ascertained and of course everyone must have their own interests.