Bitcoin Forum

Hi

we have all noticed how "quiet' bitcoin is lately but this chart shows up just how dramatic is has been.

it is to be expected that as you compare longer to shorter time frames volatility would be less (though not necessarily true for bitcoin) but it is getting boringly stable but in terms of attracting in new people it is I think good as its less "scary".

https://docs.google.com/spreadsheets/d/1C2gRnBSBSf-K2axqIyZXUKUAJ2cgby3-LiFJuCrHQ9c/edit#gid=0

It is expected.   
 
A period of great stability always precedes a run up.

unless there is heavy manipulation with fake pump all over the place, because i don't recall heavy stability before the 1200 ATH

the price was moving from 60 to 120 usd, which was huge for that era, because if you compare it with current price, it's like having it moving from $100 to $200 essentially

i like voli-titty to increase

What the heck is "volitity".

volatility at this point is very welcome. it allows people to have a decent return on their investments. bitcoin won't be stable for a very long time.

I think when all the speculation will end... bitcoin will be more stable and more people will start to 'spend' bitcoin. The speculation is a good but at the same time a bad thing.

Your calculations would be more useful if you found the volatility for each week the last few years.

Calm before the storm.

For every day we hover around these ridiculous high price we can expect the crash to be even more severe.
Right now it looks like the next crash will completely oblitterate everything left of the bitcoin ecosystem.
It won't be much longer before the true ponzi nature of bitcoin is revealed.

above message reminds me of Proudhon

That is a false conclusion. Volatility means "up" but also means "down". While some people get a "decent return" (mainly daytraders, people that don't add much value to the network), some other people lose their houses, student credits etc. And unfortunately, volatility is not really declining as you can see at http://btcvol.info (we still have similar values like 2012 and 2013).

People see this as a "maturing" process of Bitcoin. It could only mean good things are bound to happen, one way or another. Just maybe not in the form that we expect ;)

gently gently

https://elidourado.com/wp-content/uploads/volatility-mtgox.png

I know, old chart, but I'm pretty sure it's been steadily decreasing still

Give it another 5 years. If it succeeds, it'll be finally stable enough for the dinosaurs with traditional stability requirements to finally get on board, but I reckon many will have learnt to accept to roll with the volatility sooner than that

Probably got a few years of rollercoaster whipsaws imo. Wouldn't have it any other way!

Surely it's a lull rather than maturation. There's still only a minute proportion of the potential amount of end users involved. There'd have to be lots more rollercoasting before a properly large number of people are on board.

Aaaaand theres an another paradox happening, with increased audience bitcoin investors hodl, ramping up the price to new unrealistic marks, until the whole thing collapses once again.
After that another few years of -70% to +300% oscilations , and probably even more speculation.
It seams to me that bitcoin will never have a decent stability, just because of its design (Until all coins are mined, and only txfee remains for grabs)

Nah, Proudhon believed in Bitcoin he just thought the price was too high.

Then he revealed that he was actually bullish after the price dropped but didn't want to break character.

Less volatile means overall good for bitcoin development. No business for that matter would like to see their profits getting wiped out immediately in a matter of hours and even if they are using third party processor to handle the payment, there is still risk involved. It might not be good for those traders but who cares? More important is the development of the coin.

Hear, hear!  8)

Id have have the volatility right now since lately its been on the constant decline.

The volatility is this low at the moment due to the fact that we could very well be at a turning point currently. At tho point we should have broken down already, but surprisingly we seem to be stable and even go up currently. I bet quite a lot bears are rethinking their strategy at the moment.

I always wonder how long term bitcoiners can become so bearish at some point. I mean, if they weren't interested in Bitcoin, why would they stay in the game and forums for over 4 years or so? Is it because they lost their stash in Gox? Maybe panic-sold at the bottom? I just can't really seem to wrap my head around it!

Would like to see a current chart. Bitcoin has almost felt like a regular currency lately (compared to back in the day). I for one welcome this great time of stability on the low 200's, a great time for the initial bota misers like me to stack up on BTC, im buying monthly.

That's a valid investment strategy, but on the other hand you could just go and save some FIAT and buy all coins in bulk as soon as a definitive uptrend is confirmed! That way you may be on the safer side. Nothing against buying monthly, though... You're doing Bitcoin a very solid favor! :)

Yeah it looks like we're in a weekly squeeze with this declining volatility.  I hopeful that it'll result up but we'll really have to see.  It could also possibly resolve down and that'll be ugly.

Its called shorting.

For some reason many shorters post about how terrible bitcoin is as soon as they gamble their money. Its kinda sad but seems to be a very common practice on this forum.

Na, I think he/she was more wondering why people would lose their trust in Bitcoin, if they were in the game at such an early stage, already (2010/2011). Doesn't make sense. Shorters try to push the price down after they sell, sure. But they don't proclaim the end of Bitcoin usually, in fact they don't care for what people are writing on this forum for the most part. If they really do lose faith in Bitcoin in general, something must have happened - I'd also love to know examples where this has happened!

Remade the chart. Data is USD prices from bitcoinaverage.com.

Chart is less accurate before 04-2011, since the prices are rounded to $0.01

http://s15.postimg.org/uh569b6fv/Volatility.png

This definitely shows and strengthens the theory of the fact we are going to have a long time to stack up on the cheap 200-300 BTC range, if now lower as double figures aren't that far fetched to think at this point.

One interesting thing about low volatility is that you can now profit off of it with options.  Before with low volatility you can't make money from futures and margin trading but now with options you can make money for the price not moving.

Options markets aren't as developed yet as futures markets but I'm excited.