Topic: Bitcoin is stabilizing? - page 3. (Read 4342 times)
SR2,Agora or some other black market will be "hacked" or busted soon and then another fake crash will begin.
No. We're not stabilizing. It's merely a time uncertainty amongst investors. The old clash between potential gains, cutting losses, and reasonable hedging. Just the way markets work all the time.
After the last flash crash, the price fall 19% in a month. Now, for some reason the price is stabilizing at 475-480 USD.
Would you tell this is the price we're going to keep the rest of 2014 or there will be some changes?
Would you tell this is the price we're going to keep the rest of 2014 or there will be some changes?
What are the factors of this crash if I may ask?
Maybe you don't know what stability really is, bitcoin is anything but stable at the moment 
It is relatively stable considering the past volatility.
After the last flash crash, the price fall 19% in a month. Now, for some reason the price is stabilizing at 475-480 USD.
Would you tell this is the price we're going to keep the rest of 2014 or there will be some changes?
Would you tell this is the price we're going to keep the rest of 2014 or there will be some changes?
It's weird how the price crashed down to 465 right after you posted this.
It could do but at the same time it could go either way so I would not get my hopes up about it being stable for the rest of the year. Hopefully it will but I don't see it being a definite at the moment.
Maybe you don't know what stability really is
ok tell me what stability really is and what you consider stable
Maybe you don't know what stability really is, bitcoin is anything but stable at the moment
Don't listen to the morans above. The price is not "stable" if it continues to fall month after month. People claiming that it will reach $100,000 a coin are part of the "get rich quick" cult and have foolishly invested all their assets into this... they want you to join them because, you know, misery loves company.
Anytime a group of people rally around a commodity and tell you "pie in the sky" stories of riches, you should be extremely skeptical. There is no further innovation for bitcoin, just morans telling each other that they're going to be rich for their digital tokens, of which ~3,600 new ones are produced EVERY.DAY.
Anytime a group of people rally around a commodity and tell you "pie in the sky" stories of riches, you should be extremely skeptical. There is no further innovation for bitcoin, just morans telling each other that they're going to be rich for their digital tokens, of which ~3,600 new ones are produced EVERY.DAY.
Stability will not happen south of 100k. That should really be stickied somewhere...
It's not going to stabalize until we have been over 100k several times... many old timers will sell at those prices. I mean if you have 1,000 BTC (not that difficult to buy, even at these prices) you may as well sell 1 per month for 100k/month income... although at that point the "selling" will be by the merchants as the bitcoin holders will be spending on boats and mansions directly.
Stability will not happen south of 100k. That should really be stickied somewhere...
With the receny Paypal news the price should rise in few days but I don't know if there will be a new bubble soon.
After the last flash crash, the price fall 19% in a month. Now, for some reason the price is stabilizing at 475-480 USD.
Would you tell this is the price we're going to keep the rest of 2014 or there will be some changes?
Would you tell this is the price we're going to keep the rest of 2014 or there will be some changes?
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