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Topic: Why is bitcoin so stable now? - page 2. (Read 1944 times)

hero member
Activity: 521
Merit: 500
May 29, 2015, 02:14:45 PM
#15
Its stable now as speculators are undecided which it will move. They are expecting some trigger which will indicate which way it is going and then you will see a huge rally or crash.
sr. member
Activity: 432
Merit: 250
May 29, 2015, 01:55:56 PM
#14
"Why is bitcoin falling?"
"Why is bitcoin rising?"

And now:

"Why is bitcoin stable?"

And the answer always boils down to the same: supply and demand.

No shit sherlock.

Ok, to be a smart ass, let me rephrase...why is the supply and demand so equal now?

And why are there equal sells and buys right now?

Though there is actually more buying than selling when the price is stable because of the excess 3600 coins produced per day.

sr. member
Activity: 338
Merit: 250
May 29, 2015, 01:25:11 PM
#13
"Why is bitcoin falling?"
"Why is bitcoin rising?"

And now:

"Why is bitcoin stable?"

And the answer always boils down to the same: supply and demand.
sr. member
Activity: 432
Merit: 250
May 29, 2015, 01:24:08 PM
#12
simple, everyone think (finally) that their precious bitcoin are worth more, so this is the right price of bitcoin now, to answer that thread that asked for it not long time ago

the few dump i believe are from miners and some casual dumpers and nothing else, whales are out of the game for now


Right... everyone sees the life being sucked out of bitcoin by superior alternatives, the real value of bitcoin is lower than it has ever been before. It's only been held up by bagholders who want to keep up a show in order to trick people to buy their bags. When a critical mass of bagholders has sold off their coins to the next fool, bitcoin will crash faster and deeper than we have ever seen before in its history.

I expected this crash already way earlier but it seems a big group has decided to coordinate this a little different and extend the period of scamming for some more profit. You can be assured bitcoins total collapse will be all over the news and many many small people with a hand in bitcoin will be hurt and lose all they have.

Get out now before you ruin your financial future!

I knew I could count on you for your usual pessimism  Wink.
sr. member
Activity: 462
Merit: 250
May 29, 2015, 12:43:19 PM
#11
cause nothing extraordinary happens
Maybe not so extraordinay but indeed there are lots and lots of good news for Bitcoin and the price still the same.

Price fluctuations in the Bitcoin spot rate on the Bitcoin exchanges is driven by many factors. But this 20x price has to be the bottom line,

We can go up soon.

full member
Activity: 280
Merit: 100
May 29, 2015, 11:12:07 AM
#10
cause nothing extraordinary happens
legendary
Activity: 1937
Merit: 1001
May 29, 2015, 11:05:54 AM
#9
simple, everyone think (finally) that their precious bitcoin are worth more, so this is the right price of bitcoin now, to answer that thread that asked for it not long time ago

the few dump i believe are from miners and some casual dumpers and nothing else, whales are out of the game for now


Right... everyone sees the life being sucked out of bitcoin by superior alternatives, the real value of bitcoin is lower than it has ever been before. It's only been held up by bagholders who want to keep up a show in order to trick people to buy their bags. When a critical mass of bagholders has sold off their coins to the next fool, bitcoin will crash faster and deeper than we have ever seen before in its history.

I expected this crash already way earlier but it seems a big group has decided to coordinate this a little different and extend the period of scamming for some more profit. You can be assured bitcoins total collapse will be all over the news and many many small people with a hand in bitcoin will be hurt and lose all they have.

Get out now before you ruin your financial future!
sr. member
Activity: 432
Merit: 250
May 29, 2015, 10:42:55 AM
#8
Big hands are getting in, and big hands want a big piece of the pie. How to solve this without generating a ridiculous rally too soon? Keep the price low for a long time, make weak hands shake, and keep storing cheap BTC. We'll have at least 1+ year of a low price while whales stuck up on 21th century gold.

I like it...been buying cheap coins regularly for sometime now. It would be awesome to be able to continue to do so for another year  Grin.
legendary
Activity: 1722
Merit: 1000
May 29, 2015, 10:15:52 AM
#7
Big hands are getting in, and big hands want a big piece of the pie. How to solve this without generating a ridiculous rally too soon? Keep the price low for a long time, make weak hands shake, and keep storing cheap BTC. We'll have at least 1+ year of a low price while whales stuck up on 21th century gold.


^^^^^^


At one point this exact discussion went on about gold.. 
hero member
Activity: 770
Merit: 509
May 29, 2015, 08:47:13 AM
#6
Big hands are getting in, and big hands want a big piece of the pie. How to solve this without generating a ridiculous rally too soon? Keep the price low for a long time, make weak hands shake, and keep storing cheap BTC. We'll have at least 1+ year of a low price while whales stuck up on 21th century gold.
hero member
Activity: 703
Merit: 502
May 29, 2015, 08:18:39 AM
#5
wow thanks for those charts - they've never been posted in this forum before.
hero member
Activity: 703
Merit: 502
May 29, 2015, 08:04:43 AM
#4
Because the volatility in Chinese Stock Markets is greater than that in Bitcoin and the Chinese Money is chasing fairies in equity land at the moment.
legendary
Activity: 2170
Merit: 1094
May 29, 2015, 08:03:16 AM
#3
Bulls negotiating their surrender, this takes some time.
legendary
Activity: 3248
Merit: 1070
May 29, 2015, 08:00:08 AM
#2
simple, everyone think (finally) that their precious bitcoin are worth more, so this is the right price of bitcoin now, to answer that thread that asked for it not long time ago

the few dump i believe are from miners and some casual dumpers and nothing else, whales are out of the game for now
sr. member
Activity: 432
Merit: 250
May 29, 2015, 07:55:45 AM
#1
Is it because all of the weak hands have finally been shaken out and people are just waiting to see what happens now? What are your opinions?
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