Bitcoin Forum

Economy => Speculation => Topic started by: Dipt on May 20, 2014, 09:09:33 AM



Title: Stable price this month.
Post by: Dipt on May 20, 2014, 09:09:33 AM
Hi,

I noticed that Bitcoin but also Litecoin,Dogecoin,Namecoin have pretty stable prices for this month. Just wondering what are your idea's on this?


Title: Re: Stable price this month.
Post by: RomertL on May 20, 2014, 09:14:30 AM
No surprises?


Title: Re: Stable price this month.
Post by: sgk on May 20, 2014, 09:29:15 AM
Hi,

I noticed that Bitcoin but also Litecoin,Dogecoin,Namecoin have pretty stable prices for this month. Just wondering what are your idea's on this?

BECAUSE WE ARE HODLING!!!

https://i.imgur.com/p2Yai0A.jpg


Title: Re: Stable price this month.
Post by: sana8410 on May 20, 2014, 09:52:07 AM
Stable? It is still rising or falling 5% or more pretty much every day. Even on days where it doesn't have that big a swing from the start of the day to the end, it is still having those swings within the day.


Title: Re: Stable price this month.
Post by: sgk on May 20, 2014, 09:53:53 AM
Stable? It is still rising or falling 5% or more pretty much every day. Even on days where it doesn't have that big a swing from the start of the day to the end, it is still having those swings within the day.

People are probably used to those $50 ups and downs from way back.


Title: Re: Stable price this month.
Post by: pandacoin on May 20, 2014, 10:20:18 AM
I don't know why people disturbed about stable prices. They like big roller coasters but sometimes we need stabilization and take a rest before big jumps.


Title: Re: Stable price this month.
Post by: Malin Keshar on May 20, 2014, 10:28:56 AM
Stable? It is still rising or falling 5% or more pretty much every day. Even on days where it doesn't have that big a swing from the start of the day to the end, it is still having those swings within the day.


this is stable for btc patterns. Wasn't uncommon 50% or more range until somewhere before 2013. And these 5% are extreme values, with really few negotiations at these prices. If you don't count, say, the 1% higest value volume, and 1% lower volume, the spread will be way lower than that, I think 2% or 3%