it's so obviously artificial.
Of course it is, we had artificial rally, artificial correction and now the stability is also artificial.
It's so artificial, like a dream, when you wake up tomorrow the price will be between NILL and OMG!
Topic: Price seems stable now... - page 3. (Read 7679 times)
it's so obviously artificial.
Of course it is, we had artificial rally, artificial correction and now the stability is also artificial.
It's so artificial, like a dream, when you wake up tomorrow the price will be between NILL and OMG!
This is really really scary.
it is, a bit.
it's so obviously artificial.
the joys of an unregulated market: keeps you on your toes, doesn't it?
It's stable because no big sells nor big buys were made recently. Granted, the longer it stays stable, the bigger a buy/sell would need to be for prices to actually budge.
Mining should be more or less independent from the actual market long-term. The amount of ghashes should go up or down in response to the current exchange rate and difficulty levels. The only direct impact mining should have on price is when a ton of new equipment goes online in the middle of one difficulty cycle such that the 2016 blocks are used up way faster than 6 per hour, which temporarily increases supply and should suppress the price a little. Once the difficulty adjusts to that though it goes back to normal.
I don't know if the market is attracting more miners but it does seem that those that have already started mining keep bring new capacity on line as they can afford it. I don't know much about economics, but it would seem that if prices stay steady and market depth, trade volume, and liquidity double (and/or stably increase), then this will make it easyer for online merchants to accept bitcoin. Mining will adjust accordingly. Hopefully someone more knowledgeable than I can give a good analysis. Let me know where I'm mistaken.
This is really really scary.
The price can be stable olny if the difficulty is not changing, we are most likely going to see another +60% increse at the next step.
I hope you are right. That would be great!
Awesome, thats exactly what we need! Price is stable from $19-20
A stable price is welcome, but we must remember that difficulty went up 50% yesterday. The price didn't budge. There's no reason to believe the price will go higher when difficulty again goes up by 50% in a week's time. Within the space of around 2 weeks a miner will be making less than half what they used to.
Yup. Its supply and demand. Some miners will go bankrupt while others will stay in business.
But in the bigger picture we NEED the price to be stable. I'd say no more than 3-5% change over the course of a YEAR. If the price is too volatile then it is difficult to run a business.
Awesome, thats exactly what we need! Price is stable from $19-20
A stable price is welcome, but we must remember that difficulty went up 50% yesterday. The price didn't budge. There's no reason to believe the price will go higher when difficulty again goes up by 50% in a week's time. Within the space of around 2 weeks a miner will be making less than half what they used to.
Awesome, thats exactly what we need! Price is stable from $19-20
Price seems stable around $19.
Now someone lower it down to about 10 so I can buy a couple more pls.
Now someone lower it down to about 10 so I can buy a couple more pls.
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