BTC becomes mature and stable currency

BitPappa

sr. member

Activity: 431

Merit: 261

Quote from: RyNinDaCleM on October 24, 2013, 06:19:05 PM

You people are crazy! Shocked

There was a $58 drop, followed by a $42 rise and now it's down another ~$20. If that isn't highly volatile, I don't know what is. Resilient would be the word I'd use for it, but hardly "stable"

Well, not stable, but a 25% drop is a lot less than we've seen in the past... But who knows what tomorrow will bring? I think it's hard to ever declare anything about the price of Bitcoin, other than it's volatile!

somestranger

hero member

Activity: 487

Merit: 500

Are You Shpongled?

This is nowhere near stable. That is still several years away when it is valued much higher.

N12

donator

Activity: 1610

Merit: 1010

Quote from: RyNinDaCleM on October 24, 2013, 06:19:05 PM

You people are crazy! Shocked

There was a $58 drop, followed by a $42 rise and now it's down another ~$20. If that isn't highly volatile, I don't know what is. Resilient would be the word I'd use for it, but hardly "stable"

SHHHHHHHHHHH

BITCOIN STABLE! BITCOIN MATURE! 10/10 would denominate super market prices in it again.

RyNinDaCleM

legendary

Activity: 2408

Merit: 1009

Legen -wait for it- dary

You people are crazy! Shocked

There was a $58 drop, followed by a $42 rise and now it's down another ~$20. If that isn't highly volatile, I don't know what is. Resilient would be the word I'd use for it, but hardly "stable"

wasserman99

sr. member

Activity: 476

Merit: 250

very stable. very stable day, indeed.

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: Zangelbert Bingledack on October 24, 2013, 03:59:27 PM

The April crash inoculated us.

It kind of makes you feel stupid to sell low, so you tend to avoid it. If you still do, it transfers your bitcoins to better traders and solves the problem that way.

My bold prediction is that we do not see a 40% crash before hitting $1000!

Zangelbert Bingledack

legendary

Activity: 1036

Merit: 1000

The April crash inoculated us.

pera

sr. member

Activity: 532

Merit: 261

バカ

well, I think that having three big market (us, eu, ch) with different exchanges it's a really good thing... It really is a sign of becoming mature because it makes the market much more "nash-equilibred" ?

AmazonStuff

hero member

Activity: 628

Merit: 500

I'm impressed that dump like this didn't harmed BTC price at all, in the past this kind of dump would trigger panic and desperation, now it's just a hump on the road, BTC continues like nothing happened Cheesy

Topic: BTC becomes mature and stable currency (Read 1067 times)