Stability of bitcoin? | Bitcointalksearch.org

majamalu

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Quote from: notme on November 22, 2012, 02:08:13 PM

Quote from: majamalu on November 22, 2012, 01:12:38 PM

Quote from: kokojie on November 22, 2012, 12:57:45 PM

Quote from: majamalu on November 19, 2012, 03:12:37 PM

Quote from: myself on November 18, 2012, 12:50:48 PM

Quote from: majamalu on November 18, 2012, 09:20:03 AM

Quote from: myself on November 15, 2012, 05:37:21 PM

remember that not accomplished expectations is the major risk event if the herd do believe that the price will rally and it don't rally there are big chances to go below that 2 USD low

The herd doesn't know about Bitcoin.

there is always a herd

If you mean people that bought at USD30, even they will be proven right.

Trust me, every person that bought at $30, has sold by now. No one could've held the investment all the way down to $2 and not have sold.

I know people that kept buying all the way down to 2.

But he said to trust him. He doesn't want you to think for yourself Wink

.

Not sure if I will take that leap of faith. Cheesy

molecular

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Quote from: kokojie on November 22, 2012, 12:57:45 PM

Trust me, every person that bought at $30, has sold by now. No one could've held the investment all the way down to $2 and not have sold.

I know someone who bought at $30 and never sold. He'll simply not sell at a loss and it's not the worst way to go about it in the end.

notme

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Quote from: majamalu on November 22, 2012, 01:12:38 PM

Quote from: kokojie on November 22, 2012, 12:57:45 PM

Quote from: majamalu on November 19, 2012, 03:12:37 PM

Quote from: myself on November 18, 2012, 12:50:48 PM

Quote from: majamalu on November 18, 2012, 09:20:03 AM

Quote from: myself on November 15, 2012, 05:37:21 PM

remember that not accomplished expectations is the major risk event if the herd do believe that the price will rally and it don't rally there are big chances to go below that 2 USD low

The herd doesn't know about Bitcoin.

there is always a herd

If you mean people that bought at USD30, even they will be proven right.

Trust me, every person that bought at $30, has sold by now. No one could've held the investment all the way down to $2 and not have sold.

I know people that kept buying all the way down to 2.

But he said to trust him. He doesn't want you to think for yourself Wink

.

majamalu

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Activity: 1652

Merit: 1000

Quote from: kokojie on November 22, 2012, 12:57:45 PM

Quote from: majamalu on November 19, 2012, 03:12:37 PM

Quote from: myself on November 18, 2012, 12:50:48 PM

Quote from: majamalu on November 18, 2012, 09:20:03 AM

Quote from: myself on November 15, 2012, 05:37:21 PM

remember that not accomplished expectations is the major risk event if the herd do believe that the price will rally and it don't rally there are big chances to go below that 2 USD low

The herd doesn't know about Bitcoin.

there is always a herd

If you mean people that bought at USD30, even they will be proven right.

Trust me, every person that bought at $30, has sold by now. No one could've held the investment all the way down to $2 and not have sold.

I know people that kept buying all the way down to 2.

kokojie

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Activity: 1806

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Quote from: majamalu on November 19, 2012, 03:12:37 PM

Quote from: myself on November 18, 2012, 12:50:48 PM

Quote from: majamalu on November 18, 2012, 09:20:03 AM

Quote from: myself on November 15, 2012, 05:37:21 PM

remember that not accomplished expectations is the major risk event if the herd do believe that the price will rally and it don't rally there are big chances to go below that 2 USD low

The herd doesn't know about Bitcoin.

there is always a herd

If you mean people that bought at USD30, even they will be proven right.

Trust me, every person that bought at $30, has sold by now. No one could've held the investment all the way down to $2 and not have sold.

Werner

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the money can be made better in not stable happenings

kentrolla

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Catalog Websites

i hate stability

myself

legendary

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chaos is fun...…damental :)

Quote from: majamalu on November 19, 2012, 03:12:37 PM

If you mean people that bought at USD30, even they will be proven right.

on how many bitcoins ? Tongue

majamalu

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Quote from: myself on November 18, 2012, 12:50:48 PM

Quote from: majamalu on November 18, 2012, 09:20:03 AM

Quote from: myself on November 15, 2012, 05:37:21 PM

remember that not accomplished expectations is the major risk event if the herd do believe that the price will rally and it don't rally there are big chances to go below that 2 USD low

The herd doesn't know about Bitcoin.

there is always a herd

If you mean people that bought at USD30, even they will be proven right.

lucif

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Activity: 462

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Clown prophet

Quote from: myself on November 18, 2012, 12:50:48 PM

there is always a herd

Bulls make money, bears make money. But pigs... Pigs just get slaughtered

myself

legendary

Activity: 938

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chaos is fun...…damental :)

Quote from: majamalu on November 18, 2012, 09:20:03 AM

Quote from: myself on November 15, 2012, 05:37:21 PM

remember that not accomplished expectations is the major risk event if the herd do believe that the price will rally and it don't rally there are big chances to go below that 2 USD low

The herd doesn't know about Bitcoin.

there is always a herd
the easy check if you are in the herd or not is the simple question: do you have a plan ?

also you may like this video

majamalu

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Quote from: myself on November 15, 2012, 05:37:21 PM

remember that not accomplished expectations is the major risk event if the herd do believe that the price will rally and it don't rally there are big chances to go below that 2 USD low

The herd doesn't know about Bitcoin.

piramida

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Borsche

yes, every time we start enjoying stability some people decide that finally bitcoin is stable enough and buy in, hence moving the price in crazy circles again...

as for people saying about going down to $2 - oh, that's quite some wishful thinking. won't happen until somebody goes to jail for bitcoin possession, or mtgox gets shut down by gov, that would move the price down to 4-5 $ per coin easily

paulie_w

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Quote from: smoothie on November 18, 2012, 12:49:21 AM

Usually when you see these "stability" threads you soon find that the price starts not being stable anymore.

this is actually true.

smoothie

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LEALANA Bitcoin Grim Reaper

Usually when you see these "stability" threads you soon find that the price starts not being stable anymore.

kokojie

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Positive news happens to be cancelled out by negative news. With multiple ponzi schemes exploding on
GLBSE, and then GLBSE itself exploded, I'm surprised the price didn't go down further. Anyway it seems
some kind of equilibrium happened, with positive news cancelling out the negative news, and we happen
to have a stable period now. Don't expect it to last forever though, a storm is coming.

smickles

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Quote from: myself on November 14, 2012, 11:37:56 PM

Quote from: smickles on November 14, 2012, 11:36:05 PM

I don't consider the current volatility levels stable. :\

can you explain your measurement stick for that ?

The measurement stick is standard deviation. Using historical data, the usd/btc exchange rate is upwards of 170% iirc
You could also use the implied volatility of options, and still there you have an implied volatility of over 150% iirc

myself

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chaos is fun...…damental :)

remember that not accomplished expectations is the major risk event if the herd do believe that the price will rally and it don't rally there are big chances to go below that 2 USD low

Technomage

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Affordable Physical Bitcoins - Denarium.com

We are enjoying a period of relative stability but it's important to know that it's temporary. Bitcoin is way too small for long term stability. This period won't last long I think, there is simply too much happening in the Bitcoin world in the coming months (block reward halving and ASIC's to start with) that it won't be very stable.

Also, it has always gone up after longer periods of stability. I don't think it'll be any different this time.

2501

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Impossible is Nothing

Quote from: DannyHamilton on November 15, 2012, 11:43:19 AM

Quote from: 2501 on November 14, 2012, 10:16:17 PM

Has been some time now that the price has been stable around the price of 10 11.
Any reason why the price isnt going up?

I would assume that the reason would be that:

The number of people wanting to acquire bitcoin in exchange for their native currency when the exchange rate is lower is more than the number of people wanting to acquire their native currency in exchange for bitcoin at that exchange rate.
The number of people wanting to acquire their native currency in exchange for bitcoin when the exchange rate is higher is more than the number of people wanting to acquire bitcoin in exchange for their native currency at that exchange rate.
The number of people wanting to acquire bitcoin in exchange for their native currency at the current exchange rate is approximately the same as the number of people wanting to acquire their native currency in exchange for bitcoin.

This would generally seem to imply that there currently isn't a significant increase in numbers of people attempting to acquire bitcoin, nor is there a significant decrease in numbers of people attempting to get rid of their bitcoin.

I suppose all of this is already obvious. Perhaps your question is, "Why don't more people want to acquire more bitcoin faster?" or "Why don't less people get rid of less bitcoin?"

It does makes sense. Butcoin was on the rise or "bullish" for almost 8 month and now stable. Perhapz less good news on bitcoin, less big players "pirateat40", Cristimas coming up..

Topic: Stability of bitcoin? (Read 2775 times)