Bitcoin Forum

Economy => Speculation => Topic started by: AmazonStuff on October 24, 2013, 09:09:38 AM



Title: BTC becomes mature and stable currency
Post by: AmazonStuff on October 24, 2013, 09:09:38 AM
I'm impressed that dump like this didn't harmed BTC price at all, in the past this kind of dump would trigger panic and desperation, now it's just a hump on the road, BTC continues like nothing happened :D


Title: Re: BTC becomes mature and stable currency
Post by: pera on October 24, 2013, 09:17:38 AM
well, I think that having three big market (us, eu, ch) with different exchanges it's a really good thing... It really is a sign of becoming mature because it makes the market much more "nash-equilibred" ? :)


Title: Re: BTC becomes mature and stable currency
Post by: Zangelbert Bingledack on October 24, 2013, 07:59:27 PM
The April crash inoculated us.


Title: Re: BTC becomes mature and stable currency
Post by: rpietila on October 24, 2013, 08:05:46 PM
The April crash inoculated us.

It kind of makes you feel stupid to sell low, so you tend to avoid it. If you still do, it transfers your bitcoins to better traders and solves the problem that way.

My bold prediction is that we do not see a 40% crash before hitting $1000!


Title: Re: BTC becomes mature and stable currency
Post by: wasserman99 on October 24, 2013, 08:20:38 PM
very stable. very stable day, indeed.


Title: Re: BTC becomes mature and stable currency
Post by: RyNinDaCleM on October 24, 2013, 10:19:05 PM
You people are crazy!  :o

There was a $58 drop, followed by a $42 rise and now it's down another ~$20. If that isn't highly volatile, I don't know what is. Resilient would be the word I'd use for it, but hardly "stable"


Title: Re: BTC becomes mature and stable currency
Post by: N12 on October 24, 2013, 10:21:12 PM
You people are crazy!  :o

There was a $58 drop, followed by a $42 rise and now it's down another ~$20. If that isn't highly volatile, I don't know what is. Resilient would be the word I'd use for it, but hardly "stable"
SHHHHHHHHHHH

BITCOIN STABLE! BITCOIN MATURE! 10/10 would denominate super market prices in it again.


Title: Re: BTC becomes mature and stable currency
Post by: somestranger on October 24, 2013, 10:23:40 PM
This is nowhere near stable. That is still several years away when it is valued much higher.


Title: Re: BTC becomes mature and stable currency
Post by: BitPappa on October 24, 2013, 11:11:28 PM
You people are crazy!  :o

There was a $58 drop, followed by a $42 rise and now it's down another ~$20. If that isn't highly volatile, I don't know what is. Resilient would be the word I'd use for it, but hardly "stable"

Well, not stable, but a 25% drop is a lot less than we've seen in the past... But who knows what tomorrow will bring? I think it's hard to ever declare anything about the price of Bitcoin, other than it's volatile!