Topic: We finally did it! The price is stable!!! - page 4. (Read 15511 times)
OMG bitcoin is stable forever, lets celebrate!
Price Stability is a myth. it will never happen. as long as the Fed has its fingers on the printing press this is what we get = Volatility.
Why would printing lead to volatity. Isn't volatility the unexpected. If you know with absolute certainty the fed will keep printing you (and other traders, models, and bots) will anticipate that and build it into expectations.
Now if the FED stopped printing .... well I will just stop right there that would be like saying if the earth stopped turning.
Actually, what would happen if they did stop? Hyperinflation isn't something funny last time I checked my history on the Weimar Republic. A loaf of bread for $10 million this morning, and in the late afternoon it'll cost twice as much. Ouch. Esp. if you never owned 1 million. Is the FED stupid?
Price Stability is a myth. it will never happen. as long as the Fed has its fingers on the printing press this is what we get = Volatility.
Why would printing lead to volatity. Isn't volatility the unexpected. If you know with absolute certainty the fed will keep printing you (and other traders, models, and bots) will anticipate that and build it into expectations.
Now if the FED stopped printing .... well I will just stop right there that would be like saying if the earth stopped turning.
As far as I can tell, we've been in a narrower price range for longer than any other time period since trading began. So, yeah, congrats everyone. I was right. We finally did it! Stability!!!
resistance is futile!
Resistance to $5.50 is futile!
HAhahaha I just love the trolling in this thread 
I wish you guys would get the chance to troll The Bernank sometime, that would be one hell of a ze price stebeeleete show.
I wish you guys would get the chance to troll The Bernank sometime, that would be one hell of a ze price stebeeleete show. 
Look Ma, the price is stable again! 
We did it! Again!
Let's celebrate!
Look Ma, the price is stable again!
We did it! Again!
Look Ma, the price is stable again!
Price Stability is a myth. it will never happen. as long as the Fed has its fingers on the printing press this is what we get = Volatility.
Bitcoin can still buy the same amount of petrol; dollars can't buy the same amount of Bitcoin.
quick quick sell sell
so it appears stable again
so it appears stable again
It looks like the price is stable again. Phew.
Phew. 
slowly but surely.
It looks like the price is stable again. Phew.
Phew.
It looks like the price is stable again. Phew.
Price Stability is a myth. it will never happen. as long as the Fed has its fingers on the printing press this is what we get = Volatility.
Price stability is not a myth, it's an inevitability. Of course, the price could be "stable" and slowly rising over time as dollars are printed. But large, double digit percentage moves in a week (or a day!) are a temporary affliction of a small and new market.
All prices achieve relative stability in the long run. The question is, "how long" and "at what price stable?"
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