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Topic: Is bitcoin stable now? (Read 1646 times)

legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
August 09, 2014, 03:11:38 AM
#27
haven't been on in a while

Stable? The word is "sideways" and it tends to last for a few weeks before blasting off in either direction with impressive force. So, no, stability ain't happening here.
sr. member
Activity: 359
Merit: 250
August 09, 2014, 03:06:16 AM
#26
Yeah it will remain stable for a while until the next big event which will hopefully be the catalyst for a rally Cheesy
sr. member
Activity: 273
Merit: 250
August 09, 2014, 03:03:10 AM
#25
I've noticed since Karpeles fessed up and went bankrupt it's been more stable. A few years ago it was swinging 50% or more in just a few days. A 10% swing up and down over months seems rock solid by comparison.

Actually Karpeles is what cause the market to go unstable few months back and China...
newbie
Activity: 7
Merit: 0
August 08, 2014, 01:50:47 AM
#24
This stability could be broken by a rally or by a final capitulation, let's see what will happen.
ohh, I heard about this race some months ago. Could you remind me pls?
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
August 08, 2014, 01:40:22 AM
#23
I've noticed since Karpeles fessed up and went bankrupt it's been more stable. A few years ago it was swinging 50% or more in just a few days. A 10% swing up and down over months seems rock solid by comparison.
sr. member
Activity: 476
Merit: 501
August 08, 2014, 01:05:11 AM
#22
No way.

There is a finite supply, and fixed ammount of coins appearing each day.

By one side, 99.9% of people are outside bitcoin world, so there is room for demand.

By other, if people lose interest by the coin, the price will decay.

We keep the equilibrium for any significative ammount of time seems impossible for me
newbie
Activity: 42
Merit: 0
August 08, 2014, 12:26:14 AM
#21
This stability could be broken by a rally or by a final capitulation, let's see what will happen.
sr. member
Activity: 644
Merit: 260
August 07, 2014, 11:30:33 PM
#20
The older members of the forum or the people who are in bitcoins from the beginning have seen this pattern 5-6 times and now is repeating as always.
Don't sell now because probably we are near to the start of a new rise.
legendary
Activity: 2240
Merit: 1001
August 07, 2014, 10:30:57 PM
#19
It seems that bitcoin price will stay around 600 for a while.
People said the same thing when Bitcoin was hovering at $100 for 6 months last year.

lol thats what i was thinking and sold a bit of coins before the big up swing  Cry
full member
Activity: 363
Merit: 100
SWISSREALCOIN - FIRST REAL ESTATE CRYPTO TOKEN
August 07, 2014, 10:10:05 PM
#18
Has been stable for a month.

It was stable for 1-2 months when bitcoin was around 100 before it went to 1000+.
sr. member
Activity: 462
Merit: 251
August 07, 2014, 09:22:10 PM
#17
It seems that bitcoin price will stay around 600 for a while.
People said the same thing when Bitcoin was hovering at $100 for 6 months last year.
sr. member
Activity: 393
Merit: 250
August 07, 2014, 09:17:38 PM
#16
It seems that bitcoin price will stay around 600 for a while.
member
Activity: 109
Merit: 10
August 07, 2014, 09:10:43 PM
#15
I honestly believe bitcoin will continue rising, possibly even to the $1k mark.
Simply because more and more people are becoming involved with it.

This thread seems a little speculative, but I am going t try and steer clear of that in an effort to keep it in the main forum.

Bitcoin is stable enough for two things at this point:

1) BTC is an excellent mid-term storage of value.
2) BTC is an excellent medium of exchange for goods and services for those that either liquidate the BTC or HODL for the mid-term.

We are nowhere near BTC having a stable price in terms of fiat. I fully expect wild swings in the near term.

As a protocol, bitcoin is more stable than the device you are reading right now.
member
Activity: 98
Merit: 10
Life is my dream, what is yours?
August 07, 2014, 08:19:29 PM
#14
I honestly believe bitcoin will continue rising, possibly even to the $1k mark.
Simply because more and more people are becoming involved with it.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
August 07, 2014, 07:59:53 PM
#13


The calm before the storm.
hero member
Activity: 686
Merit: 500
August 07, 2014, 07:58:26 PM
#12
chart and price says so
sr. member
Activity: 518
Merit: 250
August 07, 2014, 07:57:13 PM
#11
haven't been on in a while

The price has been in the range (400, 700) for the last 7 months. We are currently at 585, so in the upper part of the range. If you make the range smaller, say (500, 600) then it's not so stable. If you take the first range, as I did, then it's pretty stable.  So it depends on how you read the data. There are a few sites in which you can see the long term price data.
But of course, none of the past data is a guarantee for the future, we may see 2000, 10.000, 300.. anything - but I think this is part of the fun  Cheesy
full member
Activity: 155
Merit: 100
August 07, 2014, 07:53:15 PM
#10
No. There are too many 10%+ price swings for it to be considered stable.
legendary
Activity: 1834
Merit: 1009
August 07, 2014, 07:40:56 PM
#9
No.

Unless you think we already reached the saturation level of adoption.

For me it is like an active volcano, today it is peaceful, and tomorrow can BOOM and destroy a whole city
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