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Topic: The coin is stable! Stop speculating and start spending! (Read 2096 times)

full member
Activity: 224
Merit: 100
One bitcoin to rule them all!
We are now in the "return to normal" part.

Actually, we're at the first sell off. You must be new to Speculation.

You are correct about that, :-)

So you think we are in the bulltrap, and getting ready for the next top?
sr. member
Activity: 309
Merit: 250
lmao.  this thread is hilarious!
sr. member
Activity: 448
Merit: 250
this statement is false


+1. i think xkcd is hilarious. you might even call me a ...



BIG FAN
full member
Activity: 182
Merit: 100
b!z
legendary
Activity: 1582
Merit: 1010
We are now in the "return to normal" part.



Actually, we're at the first sell off. You must be new to Speculation.
full member
Activity: 280
Merit: 102
Are you kidding me OP? Bitcoin is anything BUT stable. Look, my graph proves otherwise:

full member
Activity: 182
Merit: 100
Stable is boring. I want more roller coasters so I can make more money! Heck, even when I lose money I'm lol'ing so hard irl. Well spend dollars for entertainment.
sr. member
Activity: 252
Merit: 250
a wolf in sheeps clothing. suckerfish
Sorry. I appreciate your enthusiasm, but nothing about Bitcoin will be stable for years to come.

I wish it could be different. I really do. But it can't.

cool a cristal ball..... i always wanted one of those

no realy though i think the day its stable is the day im done with bitcoins. 5-6 years.
hero member
Activity: 490
Merit: 500
... it only gets better...
sr. member
Activity: 448
Merit: 250
Let me post a graph, because there appear to be a bunch of complete retards on these forums who think you can post a graph and thereby make a coherent and well-supported point simply by assuming that readers will assume that bitcoin price will match that graph, simply because the trend has happened elsewhere at another point in time:



PROTIP: USING THE ZOOM AND PAN FUNCTIONS YOU CAN MAKE VIRTUALLY ANY GRAPH LOOK LIKE VIRTUALLY ANY OTHER GRAPH.


So we have what we see above: People blindly basing their predictions on a graph they found on the internet ;-)
full member
Activity: 182
Merit: 100
newbie
Activity: 28
Merit: 0
I'm assuming this is a joke/sarcastic post, but on the off chance the OP is serious, what would you consider makes it stable?

Looking at mtgox for today :
 High:$124.11298
 Low:$85.50000
 
Can it be considered stable with a 50% daily fluctuation in value?
full member
Activity: 150
Merit: 100
Is this a joke or is the O.P. just stupid?  It hasn't even been a week since Bitcoin went from $266 to under $100 in a few hours.  Mt. Gox has been on and off line more times than I can count and you call this stable?  Not to mention the increasing interest.  There's not a fucking thing stable about bitcoin right now.  When the inept exchange called Mt. Gox becomes a thing of the past bitcoin can begin to find it's market price. 
newbie
Activity: 42
Merit: 0
With the new attention from speculators and big money investors very extreme volatility may be the new norm in bitcoin for a few years.
newbie
Activity: 10
Merit: 0
Don't tell me what to do.
sr. member
Activity: 448
Merit: 250
this statement is false


just a technical point, as the picture looks very bearish to me right now, too --

but we still haven't crossed over the $55 recent low. so we're a little higher up on the curve, but we're not going to see $130 (analogous to the small second peak) for awhile.
hero member
Activity: 700
Merit: 500
daytrader/superhero
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
The time to worry is when it is stable.

That is the time to sit down and take a deep breath, maybe go for a walk, catch some shut eye. Because soon after that is heart attack roller coaster time.
sr. member
Activity: 448
Merit: 250
this statement is false
I think market forces have finally found a stable price for the coin.

Over the next few weeks we'll probably see a slow climb, but it's not going to be anywhere near as dramatic as before.

This is great! The market has made its correction.

Now what will make all the difference long term is what happens in the actual bitcoin economy.

Time to stop speculating, hold your coins, and build the market.

Time to make bitcoin paypals worst nightmare!!

Sorry. I appreciate your enthusiasm, but nothing about Bitcoin will be stable for years to come.

I wish it could be different. I really do. But it can't.

you are both total n00bs but holliday is right.

bitman, it's been trading within a range for a little more than 24h and you call stability? this is the calm before the storm. volatility ebbs and flows.
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