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Title: Who else is bored? Post by: SkRRJyTC on May 22, 2012, 07:54:35 PM We have had very low volitility for the last 3 months or so... anyone else getting so bored that you are starting to not watch the charts every single day?
I havent made a trade in weeks... :-[ :D Title: Re: Who else is bored? Post by: SaintFlow on May 22, 2012, 08:08:57 PM And I see Gox's command of the market has eroded slightly... how so? Title: Re: Who else is bored? Post by: silverbox on May 22, 2012, 08:19:54 PM And I see Gox's command of the market has eroded slightly... how so? At one time they had a market share of over 80%. It is currently 67%. bout damn time. Title: Re: Who else is bored? Post by: Spekulatius on May 22, 2012, 09:10:14 PM Who else is bored? If you are bored, invest all your money in pirateat40's fund https://bitcointalk.org/index.php?topic=50822.0 on GLBSE and wake up every day hoping your money is still there (and multiplies)! http://www.techdigest.tv/pirate-bay-sued.jpg Title: Re: Who else is bored? Post by: Piper67 on May 22, 2012, 09:29:29 PM And I see Gox's command of the market has eroded slightly... how so? At one time they had a market share of over 80%. It is currently 67%. bout damn time. Only until someone decides to go for a big buy or big dump... I can't see large volumes going through any exchange other than Gox for the time being, unfortunately. Title: Re: Who else is bored? Post by: OgNasty on May 23, 2012, 04:00:11 AM If you are bored, invest all your money in pirateat40's fund! http://www.techdigest.tv/pirate-bay-sued.jpg Nice. Title: Re: Who else is bored? Post by: finway on May 23, 2012, 04:03:29 AM I haven't made a trade in a single year.
Title: Re: Who else is bored? Post by: Crypt_Current on May 23, 2012, 04:24:27 AM looking at 5.15 on btccharts.com... kinda exciting comparatively
Title: Re: Who else is bored? Post by: Tuxavant on May 23, 2012, 12:34:47 PM I feel sorry for those that dont have cash at an exchange this week... tee hee.
Title: Re: Who else is bored? Post by: trogdorjw73 on May 23, 2012, 03:42:59 PM I haven't made a trade in a single year. I think you might have a word in that misplaced sentence. ;-)Title: Re: Who else is bored? Post by: cypherdoc on May 23, 2012, 04:14:25 PM i'm not sure why you'd be bored. what i see is a slowly rising price into the teeth of a skyrocketing USD while everything else is getting sold off. what's not to like about that?
Title: Re: Who else is bored? Post by: tvbcof on May 23, 2012, 11:55:01 PM i'm not sure why you'd be bored. what i see is a slowly rising price into the teeth of a skyrocketing USD while everything else is getting sold off. what's not to like about that? The indication that Bitcoin is but a speck of dust which is not even influenced by the real economy, much less has any influence on it. The good news about that is there is still a monstrous upside potential and a limited downside one at least. Title: Re: Who else is bored? Post by: Crypt_Current on May 24, 2012, 03:49:31 AM i'm not sure why you'd be bored. what i see is a slowly rising price into the teeth of a skyrocketing USD while everything else is getting sold off. what's not to like about that? Plus the fact that there's still BTC < $5 on btc-e.com ... maybe not much of an opportunity unless you have a ton of $$$$ Title: Re: Who else is bored? Post by: old_engineer on May 24, 2012, 03:57:23 AM I've been watching the mtgoxlive connection counter slowly and steadily dropping from 700+ down to 117 right now. Liquidity is as good as it's ever been, and more speculators aren't needed, so I think this is a good thing.
When I go back at old screenshots I'd saved, I'm struck at how thin the depth charts used to be. Here's mtgox screenshot from August 11, 2011: https://i.imgur.com/Gqn5u.png Sometimes, one side of the chart would have less than 10k btc. Title: Re: Who else is bored? Post by: proudhon on May 24, 2012, 04:11:07 AM I've been watching the mtgoxlive connection counter slowly and steadily dropping from 700+ down to 117 right now. Liquidity is as good as it's ever been, and more speculators aren't needed, so I think this is a good thing. When I go back at old screenshots I'd saved, I'm struck at how thin the depth charts used to be. Here's mtgox screenshot from August 11, 2011: https://i.imgur.com/Gqn5u.png Sometimes, one side of the chart would have less than 10k btc. Those were the days... Title: Re: Who else is bored? Post by: N12 on May 24, 2012, 04:17:01 AM Those were the days... :'(Forever Great Spring Stability. Title: Re: Who else is bored? Post by: proudhon on May 24, 2012, 04:21:02 AM Those were the days... :'(Forever Great Spring Stability. Seriously, look at this. It's insane. http://i47.tinypic.com/160vbxd.png Title: Re: Who else is bored? Post by: da2ce7 on May 24, 2012, 04:29:25 AM @proudhon can you think of anything else that has looks like this? (in other markets) Title: Re: Who else is bored? Post by: proudhon on May 24, 2012, 04:59:36 AM @proudhon can you think of anything else that has looks like this? (in other markets) Help me out... Title: Re: Who else is bored? Post by: anu on May 30, 2012, 06:10:06 PM This is just great. We can now really conduct halfway serious business with Bitcoin. Even selling a luxury car and selling the proceeds is now possible without crashing the market. Next year I'll sell my first MiG for Bitcoin ;)
Title: Re: Who else is bored? Post by: ryu-fk on May 30, 2012, 06:21:29 PM wut,it has a pay in btc option
Title: Re: Who else is bored? Post by: tvbcof on May 30, 2012, 06:26:16 PM This is just great. We can now really conduct halfway serious business with Bitcoin. Even selling a luxury car and selling the proceeds is now possible without crashing the market. Next year I'll sell my first MiG for Bitcoin ;) The key word being 'a' luxury car. I have hopes that you'll be able to be turning MiG's over for Bitcoin next year. I'm neither betting my life's saving on it nor am I ruling it out. Title: Re: Who else is bored? Post by: anu on May 31, 2012, 07:54:30 AM This is just great. We can now really conduct halfway serious business with Bitcoin. Even selling a luxury car and selling the proceeds is now possible without crashing the market. Next year I'll sell my first MiG for Bitcoin ;) The key word being 'a' luxury car. I have hopes that you'll be able to be turning MiG's over for Bitcoin next year. I'm neither betting my life's saving on it nor am I ruling it out. No doubt - there were times not long ago when a pizza for BTC 10,000 could crash the market. Last year this time the (reasonable) market depth was less than $10K. Now its at $100K, only counting the reasonable range. The Bitcoin price is now formed by people doing business with it. Next year, the market will require a depth in the millions at which point Bitcoin will be out of reach for simple pump and dump schemes for good. Gamblers, go play Satoshi Dice. Title: Re: Who else is bored? Post by: Mageant on May 31, 2012, 09:02:41 AM Isn't stability what we want for Bitcoin?
Now it's pretty easy to price things in BTC and the price won't change before a sale is completed. It seems that's pretty good for merchants. Title: Re: Who else is bored? Post by: waspoza on May 31, 2012, 09:42:41 AM But we are speculators, not merchants. We are bored and losing monies. :P
Title: Re: Who else is bored? Post by: BTCurious on May 31, 2012, 09:45:57 AM But we are speculators, not merchants. We are bored and losing monies. :P Don't worry. Stability means good for merchants. Therefore more merchants will come. Therefore Bitcoin will be used more. Therefore the Bitcoin price will rise.Yay! Title: Re: Who else is bored? Post by: cbeast on May 31, 2012, 11:59:06 AM @proudhon can you think of anything else that has looks like this? (in other markets) Help me out... Maybe this? Title: Re: Who else is bored? Post by: anu on May 31, 2012, 12:34:46 PM But we are speculators, not merchants. We are bored and losing monies. :P GLBSE is the place for excitement and profit now, isn't it? Maybe they'll even provide derivates of the securities they now offer. Hmmm, too bad I am busy with another business - you'd have Bitcoinica II soon, otherwise. Title: Re: Who else is bored? Post by: HorseRider on May 31, 2012, 01:04:46 PM Maybe it's the time to start a bitcoinica copy with 500:1 leverage.
Title: Re: Who else is bored? Post by: proudhon on May 31, 2012, 03:10:57 PM Maybe it's the time to start a bitcoinica copy with 500:1 leverage. 21,000,000:1. I should be able to buy all potential bitcoins with a single bitcoin deposit. Title: Re: Who else is bored? Post by: anu on May 31, 2012, 05:21:32 PM Maybe it's the time to start a bitcoinica copy with 500:1 leverage. 21,000,000:1. I should be able to buy all potential bitcoins with a single bitcoin deposit. Including the ones that are lost? Title: Re: Who else is bored? Post by: proudhon on May 31, 2012, 05:55:22 PM Maybe it's the time to start a bitcoinica copy with 500:1 leverage. 21,000,000:1. I should be able to buy all potential bitcoins with a single bitcoin deposit. Including the ones that are lost? Yep, even those ones. Title: Re: Who else is bored? Post by: Tuxavant on May 31, 2012, 09:07:27 PM As a merchant, exchange volatility is OK for me as long as its an overall upward trend and the frequency is relatively short. Volatility through December is almost a certainty as all the shorts and longs prepare to do battle against the inflation rate halfing. An upward trend is my outlook because Bitcoin IS being used more and more people around the world are becoming aware of it and its potential.
Title: Re: Who else is bored? Post by: cypherdoc on June 01, 2012, 12:16:40 AM NO MORE BOREDOM.
Title: Re: Who else is bored? Post by: SkRRJyTC on June 01, 2012, 01:15:42 AM NO MORE BOREDOM. http://www.youtube.com/watch?v=yWAiNTxXfa8 Title: Re: Who else is bored? Post by: cypherdoc on June 01, 2012, 01:20:07 AM NO MORE BOREDOM. http://www.youtube.com/watch?v=yWAiNTxXfa8 Lol! that's one of my favorites! Title: Re: Who else is bored? Post by: BTCurious on June 01, 2012, 01:32:37 AM Not bored. Watching the slow rally :)
Title: Re: Who else is bored? Post by: S3052 on June 01, 2012, 07:41:16 PM Not bored. Watching the slow rally :) It always starts slow and then accelerates.. Title: Re: Who else is bored? Post by: proudhon on June 01, 2012, 08:24:17 PM Not bored. Watching the slow rally :) It always starts slow and then accelerates.. http://i47.tinypic.com/a0z2wx.png Title: Re: Who else is bored? Post by: S3052 on June 01, 2012, 08:37:00 PM it could happen again..
Title: Re: Who else is bored? Post by: proudhon on June 01, 2012, 08:40:10 PM it could happen again.. It could. But I think the odds are against it. Title: Re: Who else is bored? Post by: Gabi on June 01, 2012, 08:41:43 PM Isn't stability what we want for Bitcoin? No, we don't want this stability. Stability=bitcoin economy is not growingNow it's pretty easy to price things in BTC and the price won't change before a sale is completed. It seems that's pretty good for merchants. http://i47.tinypic.com/160vbxd.png @proudhon can you think of anything else that has looks like this? (in other markets) Help me out... Maybe this? Title: Re: Who else is bored? Post by: adamstgBit on June 01, 2012, 08:41:52 PM Not bored. Watching the slow rally :) It always starts slow and then accelerates.. http://i47.tinypic.com/a0z2wx.png only few weeks away now ;) it could happen again.. its not like anyone has a choice, the market will do what it must to keep up with demand, it will happened again, and again... Title: Re: Who else is bored? Post by: BTCurious on June 01, 2012, 10:41:05 PM Isn't stability what we want for Bitcoin? No, we don't want this stability. Stability=bitcoin economy is not growingNow it's pretty easy to price things in BTC and the price won't change before a sale is completed. It seems that's pretty good for merchants. Title: Re: Who else is bored? Post by: anu on June 02, 2012, 05:22:09 AM Isn't stability what we want for Bitcoin? No, we don't want this stability. Stability=bitcoin economy is not growingNow it's pretty easy to price things in BTC and the price won't change before a sale is completed. It seems that's pretty good for merchants. I had the impression that the price went up 4% in the last few days. Title: Re: Who else is bored? Post by: BTCurious on June 02, 2012, 09:38:28 AM Isn't stability what we want for Bitcoin? No, we don't want this stability. Stability=bitcoin economy is not growingNow it's pretty easy to price things in BTC and the price won't change before a sale is completed. It seems that's pretty good for merchants. I had the impression that the price went up 4% in the last few days. Title: Re: Who else is bored? Post by: mr chong on June 02, 2012, 12:17:15 PM Isn't stability what we want for Bitcoin? No, we don't want this stability. Stability=bitcoin economy is not growingNow it's pretty easy to price things in BTC and the price won't change before a sale is completed. It seems that's pretty good for merchants. I had the impression that the price went up 4% in the last few days. Its called Bitcoin stability, anything less then a 10% swing in 24 hours is considered stability. Title: Re: Who else is bored? Post by: cypherdoc on June 02, 2012, 08:17:13 PM And I see Gox's command of the market has eroded slightly... how so? At one time they had a market share of over 80%. It is currently 67%. It is currently 65% It is currently 61% is that all currencies combined or just USD's? link? Title: Re: Who else is bored? Post by: damnek on June 02, 2012, 08:22:07 PM http://bitcoincharts.com/charts/volumepie/ (http://bitcoincharts.com/charts/volumepie/)
Title: Re: Who else is bored? Post by: Gabi on June 02, 2012, 09:10:33 PM Isn't stability what we want for Bitcoin? No, we don't want this stability. Stability=bitcoin economy is not growingNow it's pretty easy to price things in BTC and the price won't change before a sale is completed. It seems that's pretty good for merchants. Title: Re: Who else is bored? Post by: cytokine on June 02, 2012, 10:24:57 PM i'm not sure why you'd be bored. what i see is a slowly rising price into the teeth of a skyrocketing USD while everything else is getting sold off. what's not to like about that? +1 I've been telling people this around the forums, but nobody can see it for some reason. It's the invisible bull run in the USD. The fact that BTC is holding its own truly speaks to the fact that it's a budding market, not a bloated overbought market like most others. Title: Re: Who else is bored? Post by: BTCurious on June 03, 2012, 12:13:17 AM Isn't stability what we want for Bitcoin? No, we don't want this stability. Stability=bitcoin economy is not growingNow it's pretty easy to price things in BTC and the price won't change before a sale is completed. It seems that's pretty good for merchants. Title: Re: Who else is bored? Post by: molecular on June 03, 2012, 07:27:53 PM Title: Re: Who else is bored? Post by: molecular on June 03, 2012, 07:30:11 PM i'm not sure why you'd be bored. what i see is a slowly rising price into the teeth of a skyrocketing USD while everything else is getting sold off. what's not to like about that? +1 I've been telling people this around the forums, but nobody can see it for some reason. It's the invisible bull run in the USD. The fact that BTC is holding its own truly speaks to the fact that it's a budding market, not a bloated overbought market like most others. oh no, but people have been pointing out the rally in BTCGBP, for example. I'm looking forward to "QE3". People will think bitcoin is having a rally, while it's actually the USD falling. Hehe. Title: Re: Who else is bored? Post by: proudhon on June 04, 2012, 01:23:03 AM Title: Re: Who else is bored? Post by: Kupsi on August 29, 2012, 09:52:20 PM Now I'm bored. :-[
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