Bitcoin Forum

http://bitcoincharts.com/charts/chart.png?width=939.6666660000001&m=bitstampUSD&SubmitButton=Draw&r=360&i=&c=1&s=2014-03-04&e=2015-02-27&Prev=&Next=&t=M&b=&a1=&m1=10&a2=SMA&m2=30&x=0&i1=&i2=&i3=&i4=&v=0&cv=0&ps=0&l=0&p=0&
Meh.

Well, that was February. Quietest month in the last year. For now Bitcoin is mostly just sitting there. Except for the brief Coinbase pump and dump, nothing happened.

Well it could enter Bitcoin history as the month where the 2014 1+ year downwards trend was finally broken! I like the stability and rigidness of the price these weeks a lot! It would be very beautiful to see a recovery starting from this point.

Still better than the never-ending downtrend we've been in all this time! I also believe that this can be the next best opportunity for a trend-reversal! But to be honest, we've seen periods of this kind of stability before so I wouldn't hold my hopes up too high just yet!

Strong buy signal!
Your chart shows a perfect head and shoulders bottom*
*The "head and shoulders" are from a deformed American child raised on GMO foods.  :o

It doesnt take much effort to pump and dump, but to stabilize the market after a year long downtrend, how can you say thats nothing ?
Im actually impressed with it, and once the bears realise that this may be the turning point, this could very well be a first step to another bullrun.

cheers

After long downtrend this stability looks great.

I would prefer another 2-3 weeks of stability

Me too.  Maybe even longer.

As a new BTC user I hope for another few weeks of this stability.

Im just wishing for a 5 yrs stability price..

I speak for the forum when I say that I hope it stays this price for a good twenty years or so. Now that's stability.

Newcomer here. How come lots of people are fond of this stability? No one wants a price rise again to sell?  ???

Its both awesome and scary for bitcoin to rise, altho it would make many people profit, those same profits will be greather in you have more time to hord,especialy if the price bottomed out.
The trend reversal is here, more or less, so the profits are also abvious, so its just a matter of how great the final profit will be.

cheers

The lull before the storm?  ;)

If you like Bitcoin for what it is and can do, and not for turning it into fiat profits then it makes sense to prefer stability. A price increase wouldn't be bad of course for those already holding coins, but not if it's just a pump to be dumped later turning off new users. Basically traders hate stability and like volatility, while the serious BTC users like stability and hate volatility (or they prefer a slow gradual increase in price, like 2012. But that's not likely to last more than a year until the FOMO starts).

it's never good. when it goes down a lot people aren't happy. when it goes up others aren't happy because they didn't buy. and when the price stays fairly "stable" it still isn't good because the market is "boring".

1 Month of near stability after a long painful plunge from its peak in 11/2013 is finally some good news for bitcoin price. Can we safely start moving up now?  ::)

i wish 300$ price will stable the years and then go above

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

Bitcoin will be doing ok  :D

i think never reach to $300 again, maybe under $100

I see, but you're probably more delusional than more people I can comprehend of. Like for real, never  above $300 and guessing under 100, you must be full of bullcrap in so many ways. Did you expect this run at all?

You haven't been around very long, have you?

he may want to reconsider his statement, since there is breakout currently happening

@op re-read your thread title again please, thank you  ::) + there is still a day and a half for more magic to happen

cheers

its just going to be so funny when btc is 100K$ (current buying power) each in about 5~7 years and everyone is left scratching their head about how id happened any why the missed out.

BTC does this....we have just shaken out alot of miners....

also the 10K will hit goto i dunno 13K? then crash back to $700 or something rinse repeat to 100000K plus. sability will be found in the 100K to 1M range, not that I care about stability aslo BTC will go pos or something else will likely take over.

At 1M the distribution will be large enough to go pos as so much btc will have changed hands and spread out, there are waves of early adopters that just could not hold on and we have not finished yet.

people just don't get the depths of shakledom the current banking system plus its ineffcency and corrupt/in efficent nature is and what BTC means to that and as a new tech. Hell its a new way of organizing society that has never even been thought possible

A bull run is just around the corner. :)
I am waiting for the block reward halving.  :)

Actually, February was full of the 'potentially negative' news that didn't manage to move the price of Bitcoin further down. That is already a big achievement!
Meaning, we are probably observing sentiment change, which is a typical behaviour for the late stages of any trend. Ending a down trend takes usually a little while, so we may probably see some more unsuccessful attempts to drop the price further down on similar news, and a reversal would follow. Let's see what March brings.

Another Nagle prediction..

We'll see a year of nothingness, the big corporations and whales are taking positions in the shadows while scared chickens sell their coins for cheap prices.

chill friends see the current price of bitcoin http://preev.com/

1 btc = 253.7$ in the end of month

soon it will be 270$ per bitcoin

change subject to

Re: February 2015, the month the bitcoin was stable.

Bitcoin's price has become stable for the least during February. Hope to see some waves in March.  ::)

If you consider the recent hike in the btc price, you will find that it surprises anyone especially when you have 1 more day left before February ends. As of current exact time of writing, it is still going up and with some strong buying support price is slowly inching upwards. I expect a strong resistance as it goes up but anything from here is still possible.

Seems February is the sign of price going up.. price is at $260 now :D

Again, I'm still thinking we should wait the next block reward halving. If the block will be 12,5 btc the price will rise for sure. For the moment this is the unique way for an huge pump (If you have another possible way, explain them in this thread).

But next halving is in the end of July 2016. I think till then we may as well see another bubble burst - there would be nothing weird about it.

Oh it will definetly happen, because the price is almost 100% safe to go up, so all money you invest will make a profit, and i believe people are going to harvest that thought massively,
creating another unrealistic bubble.
Its not a bad odd, since we can scratch off that bitcoin will go under 200$ (i mean it can but highly unlikely), so anything u invest, has (probably) a chance to go from 250 to 200 (25% loss), but also
a chance to atleast double itself by june (100% profit).

cheers

With the kind of drops we have witnessed in the past, a quiet month is actually good for Bitcoin.  :)

if bitcoin never hits $300 again i will run down the street naked shouting USD! USD! USD!

If it never goest back to $300, I will let every single BTC bear fuck me. They did it throughout 2014, so I'm used to it now.

under $100 ? that would be very welcome. but it's not likely to happen.
there is a lot buy support at around $200

yeah it's too quiet, market is sideways and almost no big news about bitcoin
strong prediction :) we will see where bitcoin goes in this month

maybe nothing happened, besides that pump to 300+, but there are good purposes, i see some light

It's been on a steady decrease for a bit now and has now gotten stable at the mid 250's. After a crash, this is to be expected. I imagine in the long term, probably months, it'll increase steadily.

Not nothing, BTC went from ~$216 to ~$253, or 14.6% increase in a month, beats my money market rates by approximately X1700 fold  ;).

Yup, huge price increase at the end of febraury, but people is so used to volatile that they see 216 to 253 as nothing at this point lol.

Nagles's timing is perfect once again; he was posting these same types of threads back at the bottom in Nov 2011.

what a visionary!

What a plonker..