Bitcoin stability | Bitcointalksearch.org

elux

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Quote from: elux on June 10, 2015, 11:59:01 AM

Do take the time to read the 2011 replies.

Many of them -- perhaps even any of them -- could have been written yesterday.

Even though the current price is 230 instead of 2.3

Heyooooo 2016! Grin

Quote from: BlackSpidy

Welp, trading was fun while it lasted. But it seems we found the fair price of bitcoin. Apparently that price is $772. It's been fun. Thanks for everything.

https://www.reddit.com/r/BitcoinMarkets/comments/5hibm8/daily_discussion_saturday_december_10_2016/db0q6ij/

knowhow

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Quote from: ajareselde on June 12, 2015, 09:48:37 PM

Quote from: knowhow on June 12, 2015, 05:50:26 PM

well bitcoin is like stable last months ,but is till when this will stand i guess it can go high easy as can go down .... but there is too many interest soo i doubt really it will go too deep i guess maybe 180 dollars minimum maximum i cant say around 300 dollars currently

300$ maximum on what timeline (by year's end or indefinetly?)

The way i see it is that bitcoin is just missing the initiative to reclaim new hype prices, which could easily happen few months after the halving, when the demand becomes obviously above the supply.
It seams logical to me that the price doubles after the halving, but not just because the reward will be cut in half, but also due to fact that we are now pretty stabile @ 200-240 range.
There will obviously be those who will sell and therefore make impact on the rise, but since most of people look at bitcoin as store of value - that period shouldnt be long.

cheers

that is the big problem several people,investing on bitcoin ,want a low term income if it reaches 20% in a month several people sell it ,soo the raise moment gets stucked by those interest on sell it to take the proof.
But yes we will reach a moment of demand and supply when happens those low term investors will be out of the game and the medium and long term investors will act and get the bitcoin stable again but at a new stage lets say around 350 -500 dollars more 3 years to reach it my prediction

ajareselde

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Satoshi is rolling in his grave. #bitcoin

Quote from: knowhow on June 12, 2015, 05:50:26 PM

well bitcoin is like stable last months ,but is till when this will stand i guess it can go high easy as can go down .... but there is too many interest soo i doubt really it will go too deep i guess maybe 180 dollars minimum maximum i cant say around 300 dollars currently

300$ maximum on what timeline (by year's end or indefinetly?)

The way i see it is that bitcoin is just missing the initiative to reclaim new hype prices, which could easily happen few months after the halving, when the demand becomes obviously above the supply.
It seams logical to me that the price doubles after the halving, but not just because the reward will be cut in half, but also due to fact that we are now pretty stabile @ 200-240 range.
There will obviously be those who will sell and therefore make impact on the rise, but since most of people look at bitcoin as store of value - that period shouldnt be long.

cheers

knowhow

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well bitcoin is like stable last months ,but is till when this will stand i guess it can go high easy as can go down .... but there is too many interest soo i doubt really it will go too deep i guess maybe 180 dollars minimum maximum i cant say around 300 dollars currently

jehst

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21 million. I want them all.

Even at its most stable, bitcoin won't be much more stable than oil or gold. That is to say not stable at all.

Any "stability" that you see is a lie.

elux

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Quote from: Amph on June 12, 2015, 03:17:55 AM

the stabilization will help those that are poor in bitcoin to accumulate more for the time being

yes, think of the (bitcoin) poor

Amph

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Quote from: kenbytes on June 11, 2015, 09:35:08 PM

I've only been watching BTC for about a one year and During that time we have had longer periods of stability but I highly doubt that BTC has "stabilized" at ~230.00
More volatility is almost certainly on the horizon.

it is just a matter of perspective, if you compare it to the price before 2013, 230 is a one hell of a price, you can't say nothing bad about it, it's a great achievement

and the stabilization will help those that are poor in bitcoin to accumulate more for the time being

inca

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Quote from: ElectricMucus on November 12, 2011, 02:10:45 PM

If bitcoins price were driven by commerce the would be around 10-20 cents right now.

That would mean a market cap of just under a million dollar which is still optimistic. Rationally it would even be something like 10 - 100K.

Nothing changes..lol

kenbytes

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I've only been watching BTC for about a one year and During that time we have had longer periods of stability but I highly doubt that BTC has "stabilized" at ~230.00
More volatility is almost certainly on the horizon.

techgeek

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Quote from: netrin on November 13, 2011, 03:05:34 PM

1 bitcoin week ~= 1 dollar year

Bitcoin's June bubble matches pretty well with NASDAQ '99-'04 at roughly 1:75 scaling.

Since June, bitcoins have depreciated about 10% each week, while dollar prices (including food and energy) inflate about that much annually.

IF that value is correct, then 1 dollar a year, wouldnt everyone just dump it then.

It makes no sense to hold 1 bitcoin a weeek that equals to a $1 a year.. even a person on food stamps is making more.

tvbcof

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Quote from: tvbcof on November 13, 2011, 02:14:12 AM

Quote from: Nagle on November 13, 2011, 01:42:50 AM

It's surprising how stable the price has become. Lack of interest?

Volume is about $150K a day, which is tiny. Some of that is 'bots trading the same funds back and forth. It's not clear how much money is flowing in and out of the Bitcoin system. But the stability is clearly not an effect of large transaction volume.

If the price has stabilized at $3.00, it seems clear enough to me that the amount of money flowing in is around $20k/day net. 1000 people putting in $20/day would be all it would take (and soon it will only be $10/day.) I find it amazing that given the size of the human population, the difficulties with the various monetary systems, and the ease with which BTC and migrate, the price is not much much higher. But there it is. I'm resolved to avoid staring a gift horse in the mouth.

I love it when someone necros and old thread I commented on so I can see where my head was at back in the day...

julian071

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Haha great find, loved reading the exact same discussion about stability and going up or down as in het Wall Observer-thread =D

Were the sockpuppets not there yet then, or were their posts deleted? ;+)

bytezero

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The calm before the storm .I am just grateful that I can continue to get them while they are affordable

elux

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Quote from: Zangelbert Bingledack on May 22, 2013, 12:26:45 PM

Quote from: proudhon on April 17, 2012, 09:50:27 AM

Wow that dampened spring pattern is uncannily similar to the recent price action, except on like a 10x slower timescale.

[*2015 bump*]

Quote from: Zangelbert Bingledack on May 22, 2013, 12:26:45 PM

I love these necros. Great for perspective.

"The more things change the more they stay the same."

Do take the time to read the 2011 replies.

Many of them -- perhaps even any of them -- could have been written yesterday.

Even though the current price is 230 instead of 2.3

Cheers!

Zangelbert Bingledack

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Quote from: proudhon on April 17, 2012, 09:50:27 AM

Wow that dampened spring pattern is uncannily similar to the recent price action, except on like a 10x slower timescale.

I love these necros. Great for perspective.

elux

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Quote from: proudhon on November 14, 2011, 12:02:47 PM

If I had any bitcoins left I'd sell them at $2 before it dropped to $1.50, then $1. There's a pattern here.

Pardon the necro...

Quote from: proudhon on April 17, 2012, 09:50:27 AM

As far as I can tell, we've been in a narrower price range for longer than any other time period since trading began. So, yeah, congrats everyone. I was right. We finally did it! Stability!!!

We have stability?

Edit: Fixed dead image link.

proudhon

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Quote from: gimme_bottles on November 14, 2011, 11:56:54 AM

if we reach 2$ and stay there for 3 weeks, will you still call it stability?

No. And if I had any bitcoins left I'd sell them at $2 before it dropped to $1.50, then $1. There's a pattern here.

gimme_bottles

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if we reach 2$ and stay there for 3 weeks, will you still call it stability?

Technomage

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Affordable Physical Bitcoins - Denarium.com

I think that there will be strong support at $2 which is why I think it's not a bad idea to support it with some bids. If there is another strong selling wave that breaks $2, we will probably go way lower to a new bottom at $1.x.

It's all about the $2.04 low holding. If we go to $1.9x, there will probably be panic selling leading to a price around $1.5. However if $2 holds I think it's likely that we'll see the price climb significantly during the week.

netrin

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FirstBits: 168Bc

I bought hard whilst I slept, slowing selling again, and taking my lady out for dinner!

Topic: Bitcoin stability (Read 5436 times)