Kakashi2020 Posted December 7, 2018 Share Posted December 7, 2018 It's another 10 point slide for Bitcoin today. It's price is at $3290. Is it due to the cycle of profit taking and bargain hinting? When will it's value become stable? Quote Link to comment https://slingbank.com/forums/topic/1877-bitcoin-is-sliding/ Share on other sites More sharing options...
Alymae Posted December 8, 2018 Share Posted December 8, 2018 Yep. People are getting scared. Some are still positive that bitcoins will rise. I am one of those too. Who can actually know when it will rise? No one. But I read that bitcoin will have a turnaround this coming 2019. Quote Link to comment https://slingbank.com/forums/topic/1877-bitcoin-is-sliding/#findComment-3298 Share on other sites More sharing options...
axl2468 Posted December 29, 2018 Share Posted December 29, 2018 Eh, it will never become stable. Like it or not, decentralized currencies will always change drastically in price. Quote Link to comment https://slingbank.com/forums/topic/1877-bitcoin-is-sliding/#findComment-3605 Share on other sites More sharing options...
Rathiel Posted January 12, 2019 Share Posted January 12, 2019 Stability is a long ways away for bitcoin. It's a currency that's not backed by a tangible state or organization, leaving investors with no recourse in case of a drastic drop in price. Until it's used more openly on the market, and there is official recognition of bitcoin by a major global economy as acceptable tender, the volatility is going to remain erratic. But given the views of countries becoming more friendly toward cryptocurrency, we might just see a positive swing during 2019. Quote Link to comment https://slingbank.com/forums/topic/1877-bitcoin-is-sliding/#findComment-4001 Share on other sites More sharing options...
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