Topic: Its been $800 for a reeeeeallly long time..... - page 3. (Read 4195 times)
Would it be possible there are forces manipulating BTC price? For some reason, they want the price to move between the range of 800-810?
Isn't stability what we want if we're looking for wide adoption? Normal currencies don't fluctuate insane amounts in a day, and that's what is keeping a lot of people from buying in. Maybe it will get some of the more hesitant people to buy in, which would raise the price 
People buy bitcoin to profit on speculation, by and large. If it keeps sitting at $800 like it has been for the past few weeks, people will get bored with it and find something else to invest in. Given the low volume on this forum and on the exchanges, I guess this has already happened to a large degree. So I would argue that some volatility is good for bitcoin at this stage.
People are pretty funny when it comes to definitions.
Personally I don't think this third bubble was a bubble at all. I think it was a rapid climb to a new normal. I think bitcoin had 2 bubbles and then a popularity boom. Primarily the thirdbubble not-bubble was just about Chinese getting into bitcoin in typical Chinese fashion: somewhat delayed, but with a massive push.
I also don't really see how people can describe the third bubble as a bubble when it the price 'crashed' to 300% its value in over a month. Like if something goes from $200 to $1000 than comes down to $800 (in the span of a month) how is that a crash?
I guess many of you are expecting any day now for the price to fall to $400? I really don't think this will happen. I think our new bottom-bottom is $550 and we are not going to see any coins for less than $650 going forward, besides just a few days of 2014.
Personally I don't think this third bubble was a bubble at all. I think it was a rapid climb to a new normal. I think bitcoin had 2 bubbles and then a popularity boom. Primarily the third
I also don't really see how people can describe the third bubble as a bubble when it the price 'crashed' to 300% its value in over a month. Like if something goes from $200 to $1000 than comes down to $800 (in the span of a month) how is that a crash?
I guess many of you are expecting any day now for the price to fall to $400? I really don't think this will happen. I think our new bottom-bottom is $550 and we are not going to see any coins for less than $650 going forward, besides just a few days of 2014.
We were at ~$150 for a reeeeally long time too. Months in fact. There was talk of stability, and finally miners could plan their ROI (or lack thereof). Well, we all know how that turned out 
Isn't stability what we want if we're looking for wide adoption? Normal currencies don't fluctuate insane amounts in a day, and that's what is keeping a lot of people from buying in. Maybe it will get some of the more hesitant people to buy in, which would raise the price
In the past 10 days, the price has hit $740 and $825. You guys have a completely different definition of "stable" than I do.
If you look at it as a % change thats very stable for bitcoin.
There was a long period of stability around 125 before it finally gave way and dropped to 66. Then there was some stability around 135 before but breaking out. But none of the above were as long as this 800 stability.
http://blockchain.info/ru/charts/market-pricelook at this stability from 6 may to 7 oct.
its 5 months vs 1.5 months of ~800
In the past 10 days, the price has hit $740 and $825. You guys have a completely different definition of "stable" than I do.
There was a long period of stability around 125 before it finally gave way and dropped to 66. Then there was some stability around 135 before but breaking out. But none of the above were as long as this 800 stability.
personally, I like knowing the plane tickets I bought near christmas were valued at approx 800/coin. there is something nice about it still being the same now as it was then. I dont feel cheated for making that buy. for anyone who may want to know I booked with cheapair.com was easy and Im going to do it again most likely.
There was a long period of stability around 125 before it finally gave way and dropped to 66. Then there was some stability around 135 before but breaking out. But none of the above were as long as this 800 stability.
Something's gotta give. On its run up to $266 last year, what price was it stable at prior and for how long?
What, you don't know how to read a graph? Are you retarded or something?
Something's gotta give. On its run up to $266 last year, what price was it stable at prior and for how long?
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