Topic: is the goal of the manipulators to make the price boring? - page 2. (Read 2693 times)
Better in the long run for it to stabilize around the mid 40s for a couple of weeks. We've seen quite a bit of action in the last month, with adoptions, press, glitch, etc. So a nice calm would be nice and build the confidence we need for Bitcoin to move forward.
if we get bored with it (fuck, i'm tired of $46-47!), does it become the 'psychological normal' and ripe for a raise in some weeks or months?
This is acting like a real market. The mining reward goes down. Several decent sized (but not gigantic) vendors start accepting bitcoin, Argentina, if not Iran, starts using bitcoin as a black market alternative to dollar bills and cigarettes.
Bitcoin is less available and simultaneously more useful. So the exchange rate to fiat triples.
With those events factored in, the Bitcoin/fiat exchange rate should stabilize until more reasons to use Bitcoin pop up.
at the exciting rise last week you keep thinking itll keep going. but you have to stop and realize how amazing it is the price is stable at this level.
Pump and dump is the main tool of the manipulator in this shallow market. They must be taking time out
Look on the bright side: stable price is good for real business. No merchant is going to adopt bitcoin if the price is flying about.
Look on the bright side: stable price is good for real business. No merchant is going to adopt bitcoin if the price is flying about.
if we get bored with it (fuck, i'm tired of $46-47!), does it become the 'psychological normal' and ripe for a raise in some weeks or months?
I'm bored of it too....
But it's not all bad, last time we touched 47-48, all the bears shit themselves.
I think you're right... this will be the new launch-pad. If there was going to be a big sell-off, it would already have happened.
No. It is the goal of the manipulators to make money.
Come now, that wasn't hard was it?
Come now, that wasn't hard was it?
if we get bored with it (fuck, i'm tired of $46-47!), does it become the 'psychological normal' and ripe for a raise in some weeks or months?
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