Trading so slow and flat = boredom - page 2.

BCwinning

hero member

Activity: 770

Merit: 500

Quote from: geek-trader on June 28, 2011, 06:56:32 PM

Both MtGox and Trade Hill are way down in volume right now and the price of BTC is flat for hours.

Makes for a boring day trading.

Seriously, if it's just going to hang out at 17.0 all day, I can find better things to speculate with. Roll Eyes

We could use some more oil speculators in the market. Tongue

error

hero member

Activity: 588

Merit: 500

Oh, I hope it stays relatively stable for a few months. Then we can get more merchants on board.

qualia8

full member

Activity: 237

Merit: 100

This is what a psychologist friend of mine predicted: if prices go stable, speculators will miss their dopamine releases and be even more upset than when price is plunging, which is at least exciting. Random, unpredictable, positive reinforcement is the best way to train behavior, and that has been the story of bitcoin for the past year or so.

fascistmuffin

newbie

Activity: 56

Merit: 0

I don't blame the miners for not wanting to sell at current prices, since the difficulty did slash all mining nearly in half.

cmh

newbie

Activity: 21

Merit: 0

Everybody is scared and just watching. It will break soon. There has been a lot of media recently, but it takes a day or two to move money in.

bitcoininnj

newbie

Activity: 19

Merit: 0

Huge demand sitting on the buy side.
Charts look strikingly similar to the previous run past $30.

Run-up very soon.

CurbsideProphet

hero member

Activity: 672

Merit: 500

Quote from: BitcoinPorn on June 28, 2011, 06:58:05 PM

Nice, there are days when it sucks to be in the market, days when it sucks to be a miner, and days when it sucks to be a hoarder. The only people enjoying Bitcoin are the ~~ones that keep it flowing to other people~~ hackers picking them up for free.

BitcoinPorn

hero member

Activity: 630

Merit: 500

Posts: 69

Nice, there are days when it sucks to be in the market, days when it sucks to be a miner, and days when it sucks to be a hoarder. The only people enjoying Bitcoin are the ones that keep it flowing to other people.

geek-trader

sr. member

Activity: 294

Merit: 250

Both MtGox and Trade Hill are way down in volume right now and the price of BTC is flat for hours.

Makes for a boring day trading.

Seriously, if it's just going to hang out at 17.0 all day, I can find better things to speculate with. Roll Eyes

Topic: Trading so slow and flat = boredom - page 2. (Read 3463 times)