Bitcoin Forum

Economy => Economics => Topic started by: Bit_Happy on May 27, 2011, 05:58:21 AM



Title: Suddenly stable: Market very quiet after amazing day Wednesday.
Post by: Bit_Happy on May 27, 2011, 05:58:21 AM
Been stuck between 8.70 and 8.799 for quite a few hours now:
{"ticker":{"high":8.92,"low":8.201,"vol":20947,"buy":8.7005,"sell":8.79,"last":8.7006}}
Yesterday, had a "historic, fast-market" roller-coaster. Stable is healthy, but crazy is much more exciting!   ;D
How much longer can it flat-line, possibly all the way into daytime, or afternoon, (USA) Friday?


Title: Re: Suddenly stable: Market very quiet after amazing day Wednesday.
Post by: error on May 27, 2011, 06:02:55 AM
This is stable? It was hovering around $7 for nearly a week!


Title: Re: Suddenly stable: Market very quiet after amazing day Wednesday.
Post by: Bit_Happy on May 27, 2011, 06:14:40 AM
This is stable?
This is different, over 6 hours within a 10 cent range.


Title: Re: Suddenly stable: Market very quiet after amazing day Wednesday.
Post by: FreeMoney on May 27, 2011, 09:25:12 AM
This is stable?
This is different, over 6 hours within a 10 cent range.

For real, 6 hours is like a month in Bitcoin time. And 1% is like .01% in Bitcoin fluctuations.


Title: Re: Suddenly stable: Market very quiet after amazing day Wednesday.
Post by: Bit_Happy on May 27, 2011, 09:34:13 AM
This is stable?
This is different, over 6 hours within a 10 cent range.

For real, 6 hours is like a month in Bitcoin time. And 1% is like .01% in Bitcoin fluctuations.

Really real, ~10 hours in a 10 bTCent range.
Current = {"ticker":{"high":8.92,"low":8.212,"vol":20473,"buy":8.75,"sell":8.76,"last":8.73}}
In the recent past, "stable" would still move at least .25 or .30


Edit: Wed evening was amazing, the market is still resting.
It did blip up to ~8.83 just recently...


Title: Re: Suddenly stable: Market very quiet after amazing day Wednesday.
Post by: ChaosFox on May 27, 2011, 10:34:09 AM
Hmm, maybe whoever was playing around with the exchange finally got tired of it, or is satisfied with the current price, so the remaining orders are from those who were truly interested in buying/selling BTC... well, just speculating here.  :)


Title: Re: Suddenly stable: Market very quiet after amazing day Wednesday.
Post by: Vitalik Buterin on May 30, 2011, 10:21:23 AM
well, just speculating here.  :)

Let's hope nobody else is...