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Author Topic: Good press everywhere. Yet the price stays the same...  (Read 6217 times)
empoweoqwj
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December 15, 2013, 08:40:41 AM
 #81

Price stability is a good thing, Im actually kinda glad its been hovering around $900 the past several days. Once the traders are convinced its not going to take a skydive they will start buying again.

There is a history of moon rocket and then plateau, just give it a bit.

Yeah, "several days" is about as stable as bitcoin prices get. Expect some movement this week.
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December 15, 2013, 01:41:03 PM
 #82

Price stability is a good thing, Im actually kinda glad its been hovering around $900 the past several days. Once the traders are convinced its not going to take a skydive they will start buying again.

There is a history of moon rocket and then plateau, just give it a bit.

Yeah, "several days" is about as stable as bitcoin prices get. Expect some movement this week.

If you look at a long term graph, you hardly even see the price moving except the 3 latest bubbles, the rest is quite smooth.
empoweoqwj
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December 15, 2013, 03:41:43 PM
 #83

Price stability is a good thing, Im actually kinda glad its been hovering around $900 the past several days. Once the traders are convinced its not going to take a skydive they will start buying again.

There is a history of moon rocket and then plateau, just give it a bit.

Yeah, "several days" is about as stable as bitcoin prices get. Expect some movement this week.

If you look at a long term graph, you hardly even see the price moving except the 3 latest bubbles, the rest is quite smooth.

Long term graph doesn't show "details". But I guess it depends on how you define "moving". I've seen a lot of moves in the last year.
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December 15, 2013, 06:45:07 PM
 #84

Price stability is a good thing, Im actually kinda glad its been hovering around $900 the past several days. Once the traders are convinced its not going to take a skydive they will start buying again.

There is a history of moon rocket and then plateau, just give it a bit.

Yeah, "several days" is about as stable as bitcoin prices get. Expect some movement this week.

If you look at a long term graph, you hardly even see the price moving except the 3 latest bubbles, the rest is quite smooth.

Long term graph doesn't show "details". But I guess it depends on how you define "moving". I've seen a lot of moves in the last year.

what i'm saying is that the volatility isn't that bad if you look at it in hindsight.

yes it swings with $10~$100 a day, or sometimes in a few minutes. But in a year we'll laugh at these tiny swings.
empoweoqwj
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December 16, 2013, 02:36:20 AM
 #85

Price stability is a good thing, Im actually kinda glad its been hovering around $900 the past several days. Once the traders are convinced its not going to take a skydive they will start buying again.

There is a history of moon rocket and then plateau, just give it a bit.

Yeah, "several days" is about as stable as bitcoin prices get. Expect some movement this week.

If you look at a long term graph, you hardly even see the price moving except the 3 latest bubbles, the rest is quite smooth.

Long term graph doesn't show "details". But I guess it depends on how you define "moving". I've seen a lot of moves in the last year.

what i'm saying is that the volatility isn't that bad if you look at it in hindsight.

yes it swings with $10~$100 a day, or sometimes in a few minutes. But in a year we'll laugh at these tiny swings.

Volatility is volality. Nobody looks at volatility "in hindsight". It affects people at the time, day to day. I think what you are saying is "the price has shot up overall in a year so who cares about volatility". From a speculator's point of view that is essentially correct. But if you are attempting to persuade people bitcoin is a viable everyday currency, it is not.
DPoS
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December 16, 2013, 05:35:30 AM
 #86

problem is it goes from 'a bitcoin' to 'a satoshi' without any catchy marketing names inbetween..

how about Nixons @ .01?    Tongue    Clintons @  .1 ?

or some international things?  like Jabba's @ .001?

people can then start to equate $100 for a Jabba or whatever


~~BTC~~GAMBIT~~BTC~~Play Boardgames for Bitcoins!!~~BTC~~GAMBIT~~BTC~~ Something I say help? Donate BTC! 1KN1K1xStzsgfYxdArSX4PEjFfcLEuYhid
empoweoqwj
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December 16, 2013, 06:01:28 AM
 #87

problem is it goes from 'a bitcoin' to 'a satoshi' without any catchy marketing names inbetween..

how about Nixons @ .01?    Tongue    Clintons @  .1 ?

or some international things?  like Jabba's @ .001?

people can then start to equate $100 for a Jabba or whatever



I am fond of a satoshi. Only problem is it is so damned small Smiley

Bottle of beer, 7 million satoshis .....

Woah, I'll take my business elsewhere  Wink
pand70
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December 16, 2013, 09:48:56 AM
 #88

problem is it goes from 'a bitcoin' to 'a satoshi' without any catchy marketing names inbetween..

how about Nixons @ .01?    Tongue    Clintons @  .1 ?

In case you don't know it already uncle sam isn't involved with bitcoin at all...

DPoS
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December 16, 2013, 09:56:48 AM
 #89

problem is it goes from 'a bitcoin' to 'a satoshi' without any catchy marketing names inbetween..

how about Nixons @ .01?    Tongue    Clintons @  .1 ?

In case you don't know it already uncle sam isn't involved with bitcoin at all...

I guess the tongue face didn't express the joke of it eh mr serious??    Lips sealed

~~BTC~~GAMBIT~~BTC~~Play Boardgames for Bitcoins!!~~BTC~~GAMBIT~~BTC~~ Something I say help? Donate BTC! 1KN1K1xStzsgfYxdArSX4PEjFfcLEuYhid
T.Stuart
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December 16, 2013, 10:07:56 AM
 #90

problem is it goes from 'a bitcoin' to 'a satoshi' without any catchy marketing names inbetween..

how about Nixons @ .01?    Tongue    Clintons @  .1 ?

In case you don't know it already uncle sam isn't involved with bitcoin at all...

There's a good one - Uncle Sams @ 0.5

                                                                               
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pand70
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December 16, 2013, 11:16:27 AM
 #91

problem is it goes from 'a bitcoin' to 'a satoshi' without any catchy marketing names inbetween..

how about Nixons @ .01?    Tongue    Clintons @  .1 ?

In case you don't know it already uncle sam isn't involved with bitcoin at all...

I guess the tongue face didn't express the joke of it eh mr serious??    Lips sealed

Well i missed the sarcasm because of all those people in the forum that think that us = the world.

empoweoqwj
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December 16, 2013, 11:52:32 AM
 #92

problem is it goes from 'a bitcoin' to 'a satoshi' without any catchy marketing names inbetween..

how about Nixons @ .01?    Tongue    Clintons @  .1 ?

In case you don't know it already uncle sam isn't involved with bitcoin at all...

I guess the tongue face didn't express the joke of it eh mr serious??    Lips sealed

Well i missed the sarcasm because of all those people in the forum that think that us = the world.

Has there been a poll on that? Not whether people are in the us or not, but whether people in the us know whether know the rest of the world exists?
kwukduck
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December 16, 2013, 12:35:06 PM
 #93

Lots of positive press everywhere, yet the price is still going down and the spread is big. Guess what that means.... We are not going back to 1000.
Many respected financial experts have already said that bitcoin will soon collapse completely. The above mentioned is a clear sign that  this is imminent.

14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
empoweoqwj
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December 16, 2013, 12:39:57 PM
 #94

Lots of positive press everywhere, yet the price is still going down and the spread is big. Guess what that means.... We are not going back to 1000.
Many respected financial experts have already said that bitcoin will soon collapse completely. The above mentioned is a clear sign that  this is imminent.

FUD alert. As if you couldn't tell anyway Wink
BitChick
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December 16, 2013, 03:23:54 PM
 #95

problem is it goes from 'a bitcoin' to 'a satoshi' without any catchy marketing names inbetween..

how about Nixons @ .01?    Tongue    Clintons @  .1 ?

In case you don't know it already uncle sam isn't involved with bitcoin at all...

I guess the tongue face didn't express the joke of it eh mr serious??    Lips sealed

Well i missed the sarcasm because of all those people in the forum that think that us = the world.

Picture of how the US sees the world Wink


1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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December 16, 2013, 03:50:57 PM
 #96

Stable price despite good or bad press is what Bitcoin needs
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December 16, 2013, 06:07:40 PM
 #97

I'd say let's not panic.  Look how well it did when it built a base down near $200.  It's ok for it to sit around here, you don't want it dropping like a rock though, it will make everyone nervous.  Not sure what it will take to get to all time high, maybe some sort of calamity in the world or a financial problem, like what happened in Cyprus.

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pand70
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December 17, 2013, 01:40:45 AM
 #98

I'd say let's not panic.  Look how well it did when it built a base down near $200.  It's ok for it to sit around here,

It's easy to say not to panic when you haven't bought at 1000 - 1200. Put yourself in the position of those that did. Also the meteoric rise wasn't about a solid base at 200$ or something. It was about surep good news coming especially from China. And China is what brings the coin down as well.

empoweoqwj
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December 17, 2013, 07:30:34 AM
 #99

I'd say let's not panic.  Look how well it did when it built a base down near $200.  It's ok for it to sit around here,

It's easy to say not to panic when you haven't bought at 1000 - 1200. Put yourself in the position of those that did. Also the meteoric rise wasn't about a solid base at 200$ or something. It was about surep good news coming especially from China. And China is what brings the coin down as well.

If you panic easy you shouldn't be speculating on bitcoins. Its a risky business. we've all learnt that the hard way, whatever time you got in at
kwukduck
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December 18, 2013, 08:19:27 AM
 #100

Lots of positive press everywhere, yet the price is still going down and the spread is big. Guess what that means.... We are not going back to 1000.
Many respected financial experts have already said that bitcoin will soon collapse completely. The above mentioned is a clear sign that  this is imminent.

FUD alert. As if you couldn't tell anyway Wink

I'm sorry? Can you repeat that? Lol
Please do check the charts while at it.

14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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