Why does the price appear to be so stable lately?

[Bit_Happy]

Stability actually fuels the rocket.

So does surprise.
If we have a "false breakout" (in either direction) with a surprise reversal, the results might be truly memorable.

[Elwar]

Stability actually fuels the rocket.

Rocket has been re-fueled.

[BCB]

Caution from the fork scare and no new news of more adoption or investment.

Stand by.

[afbitcoins]

I don't think it will be stable for more than another week or two. Looking at whats happening in Cyprus just now I think there might be a few people starting to think about moving there bank deposits somewhere the banks can't touch it. Might break up through $50 sooner than i thought.

[desired_username]

looking over the graphs, I have a gut feeling the price without speculators would be around this figure of $17 -$19, because while the price is going steadily up, the transaction rate isn't.  The market isn't getting busier, especially when you take the popular IP addresses out of the equation.

On that basis, there isn't any practical reason for the sudden price rise, except for speculation.

Truth.

I think we can accept that nobody knows. From my perspective it's foolish to say that the rally was pure speculation.

[BitPirate]

I don't think it will be stable for more than another week or two. Looking at whats happening in Cyprus just now I think there might be a few people starting to think about moving there bank deposits somewhere the banks can't touch it. Might break up through $50 sooner than i thought.

^This. Money inbound to Mt Gox.

[Elwar]

Stability actually fuels the rocket.

Rocket has been re-fueled.

And there it goes.

[xempew]

I don't think it will be stable for more than another week or two. Looking at whats happening in Cyprus just now I think there might be a few people starting to think about moving there bank deposits somewhere the banks can't touch it. Might break up through $50 sooner than i thought.

NAILED IT!!   

[jubalix]

Rocket refuelling.. /calm before the storm

love it