Quote from: 0t3p0t on November 02, 2018, 04:21:40 AM

Quote from: Snowflower11 on October 28, 2018, 01:54:49 PM

What do you think when the current bitcoin price fluctuates very low, it is more stable than some stocks of major companies in the world. Do you think that this stability is because people are not interested in Bitcoin or any other reason?

People are still interested in Bitcoin but it could be that newbies are selling their holdings as they are afraid that prices may go down even lower than what we have now. As far as I know Bitcoins prices are not that stable like that of fiat as we can still see volatility each day. For me I think price of Bitcoin will not go down too low as $1,000 because I believe something good will happen at the end of 2018.

If newbies are selling their holdings because they are afraid and then doing it at loss, then they should have themselves to blame in the long run and not the market, because the idea with whales is to shake them out of the market, and I am sure with people doing this, they are actually just giving the whales a filled day eventually.

This is a market that is still growing, we are still in an early phase and there is absolutely no way this market has stopped growing, and if some people are to short minded and cannot focus on the long term, then, that is their cup 'o' tea.