BTC price "stability" is a joke: there is no stability. Only calm before storms.

8up

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Quote from: Wexlike on October 22, 2015, 06:48:02 AM

I was never in a real bull market before. Would be cool to finally get some real excitement after 2 bearish years.

Never wish for a bull market. It'll blow you (and your bitcoin holdings) away. You'll going to sell too early (because you feel rich in terms of $$$). What really happens: You will halve your bitcoin stash.

Happend to me before Wink

Wexlike

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I was never in a real bull market before. Would be cool to finally get some real excitement after 2 bearish years.

dothebeats

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Quote from: oda.krell on October 22, 2015, 06:00:33 AM

Quote from: dothebeats on October 22, 2015, 05:52:22 AM

Quote from: oda.krell on October 22, 2015, 05:33:41 AM

Quote from: jehst on October 21, 2015, 06:12:11 PM

Stability against the USD is not something bitcoin will gain over time. It's cyclical.

Potayto, potahto.

None of us knows if, over a very long term time horizon, the bubble cycle will continue, or whether the market will stabilize, on average, as capitalization increases.

Here's what we do know on the other hand:

The market is currently moving towards high (local) stability. The last time that happened was in 2012, which gets a lot of people excited, since they expect this is the prelude for another bull market -- I'm not saying I agree with that necessarily, but it's at least a coherent thought.

Exactly what I am seeing on the predictions at tradingview. Almost everyone are pointing out that the scenario we are in right now is the same as 2012, a period of bull market up until ath before the bubble slowly popped.

Not sure I'd personally call it 'bull market' already. If the observation and conclusions are correct (about decreasing volatility), then I'd rather say that, currently, neither sharp price increases nor decreases stand much of a chance to survive for long -- it's an in-between period, then, I would say.

Right, it is premature to think that this is the start of a new bull market. But the signs are almost similar to 2012. I couldn't help thinking about it, or maybe I'm just excited? I don't know, but it pretty much feels like 2012.

oda.krell

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Quote from: dothebeats on October 22, 2015, 05:52:22 AM

Quote from: oda.krell on October 22, 2015, 05:33:41 AM

Quote from: jehst on October 21, 2015, 06:12:11 PM

Stability against the USD is not something bitcoin will gain over time. It's cyclical.

Potayto, potahto.

None of us knows if, over a very long term time horizon, the bubble cycle will continue, or whether the market will stabilize, on average, as capitalization increases.

Here's what we do know on the other hand:

The market is currently moving towards high (local) stability. The last time that happened was in 2012, which gets a lot of people excited, since they expect this is the prelude for another bull market -- I'm not saying I agree with that necessarily, but it's at least a coherent thought.

Exactly what I am seeing on the predictions at tradingview. Almost everyone are pointing out that the scenario we are in right now is the same as 2012, a period of bull market up until ath before the bubble slowly popped.

Not sure I'd personally call it 'bull market' already. If the observation and conclusions are correct (about decreasing volatility), then I'd rather say that, currently, neither sharp price increases nor decreases stand much of a chance to survive for long -- it's an in-between period, then, I would say.

dothebeats

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Quote from: oda.krell on October 22, 2015, 05:33:41 AM

Quote from: jehst on October 21, 2015, 06:12:11 PM

Stability against the USD is not something bitcoin will gain over time. It's cyclical.

Potayto, potahto.

None of us knows if, over a very long term time horizon, the bubble cycle will continue, or whether the market will stabilize, on average, as capitalization increases.

Here's what we do know on the other hand:

The market is currently moving towards high (local) stability. The last time that happened was in 2012, which gets a lot of people excited, since they expect this is the prelude for another bull market -- I'm not saying I agree with that necessarily, but it's at least a coherent thought.

Exactly what I am seeing on the predictions at tradingview. Almost everyone are pointing out that the scenario we are in right now is the same as 2012, a period of bull market up until ath before the bubble slowly popped.

Denker

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Quote from: jehst on October 21, 2015, 06:12:11 PM

Stability against the USD is not something bitcoin will gain over time. It's cyclical.

Yeah I also believe more bubbles to happen.Then maybe in far future Bitcoin will become more stable.But then it's valued really high and we no longer speak about Bitcoin rather bits. Grin

oda.krell

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Quote from: jehst on October 21, 2015, 06:12:11 PM

Stability against the USD is not something bitcoin will gain over time. It's cyclical.

Potayto, potahto.

None of us knows if, over a very long term time horizon, the bubble cycle will continue, or whether the market will stabilize, on average, as capitalization increases.

Here's what we do know on the other hand:

The market is currently moving towards high (local) stability. The last time that happened was in 2012, which gets a lot of people excited, since they expect this is the prelude for another bull market -- I'm not saying I agree with that necessarily, but it's at least a coherent thought.

dothebeats

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We were quite stable in price few months ago, and honestly that was kinda boring. Volatilty has been accompanied with the word bitcoin since the first rise of price.

celebreze32

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A stable price is boring. After a month of stability all the posts here dry up. When volatility returns people start frantically posting again. At the moment a volatile price is good for Bitcoin. When it goes mainstream a stable price might be good for it, but until then the volatility is what keeps people interested and draws enough attention to get new users to take an interest in it.

OgNasty

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Considering what Bitcoin has done historically, I've actually considered the last year as a period of stability. If you think it was volatile last year, just wait...

1Referee

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Currently there is no such thing as stability as far as the Bitcoin price goes. It will stay like this for many years. Especially when there is institutional money flowing into Bitcoin. That's when things are about to get interesting. If that's happening, then there will be another phase of volatility that we haven't seen before. I don't expect Bitcoin to become stable in the comming 5 years.

Mickeyb

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Move On !!!!!!

Quote from: jehst on October 21, 2015, 06:12:11 PM

Stability against the USD is not something bitcoin will gain over time. It's cyclical.

It's will OP, have some faith and patience. We are still very, very small ecosystem. It's enough to have one serious purchase to move the whole market.

Once we grow let's say 100 times bigger, it will be also 100 times harder to move the market. We will get there!

Amph

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i doubt we could increase indefinitely, there must be stability at the end if you want this thing to flourish, unstable price is not very good for attracting new comers that have no interest in trading

i may agree that right now we need severe big pump and nothing else

jacee

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Quote from: lumeire on October 21, 2015, 09:48:25 PM

I'm kind of thinking we're going to rise up just a bit more considering the holidays are nearing. Ya know, this is the season where remittances are record high.

Holidays are also the time where peoole will be busy to earn more. Cheesy

I think this comming months, if it is not consider stabilized price then maybe the price of bitcoin will somehow stay at some point or rise. I don't think bitcoin price will go any lower at this moment

lumeire

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I'm kind of thinking we're going to rise up just a bit more considering the holidays are nearing. Ya know, this is the season where remittances are record high.

roadbits

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Quote from: Morecoin Freeman on October 21, 2015, 06:16:15 PM

I'm not sure what you mean exactly, but my gut is telling me that we are at the tipping point of the next move down. This weekend could be interesting.

I suppose the price should become more stable over time, however this is not a matter of weeks or months. I'm thinking many years from now.

I don't think bitcoin prices will become soon stable reason is simple bitcoins are not controlled by any big institution or government to bring price more stable. As of now only traders are holding maximum bitcoins so they will not allow prices become stable because if that happens then they can't make a profit.

gentlemand

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Welt Am Draht

In recent history every time someone wheels out the 'calm before the storm' line sod all happens for another few weeks or months.

Dilla

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Quote from: Morecoin Freeman on October 21, 2015, 06:16:15 PM

I'm not sure what you mean exactly, but my gut is telling me that we are at the tipping point of the next move down. This weekend could be interesting.

I suppose the price should become more stable over time, however this is not a matter of weeks or months. I'm thinking many years from now.

I don't think we've stayed between 200-300 for a year and established a floor to drop down after reaching stability. Not with everything going on.

Morecoin Freeman

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I'm not sure what you mean exactly, but my gut is telling me that we are at the tipping point of the next move down. This weekend could be interesting.

I suppose the price should become more stable over time, however this is not a matter of weeks or months. I'm thinking many years from now.

jehst

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21 million. I want them all.

Stability against the USD is not something bitcoin will gain over time. It's cyclical.

Topic: BTC price "stability" is a joke: there is no stability. Only calm before storms. (Read 1221 times)