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Author Topic: Suddenly stable: Market very quiet after amazing day Wednesday.  (Read 1455 times)
Bit_Happy
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May 27, 2011, 05:58:21 AM
 #1

Been stuck between 8.70 and 8.799 for quite a few hours now:
{"ticker":{"high":8.92,"low":8.201,"vol":20947,"buy":8.7005,"sell":8.79,"last":8.7006}}
Yesterday, had a "historic, fast-market" roller-coaster. Stable is healthy, but crazy is much more exciting!   Grin
How much longer can it flat-line, possibly all the way into daytime, or afternoon, (USA) Friday?

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May 27, 2011, 06:02:55 AM
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This is stable? It was hovering around $7 for nearly a week!

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May 27, 2011, 06:14:40 AM
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This is stable?
This is different, over 6 hours within a 10 cent range.

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May 27, 2011, 09:25:12 AM
 #4

This is stable?
This is different, over 6 hours within a 10 cent range.

For real, 6 hours is like a month in Bitcoin time. And 1% is like .01% in Bitcoin fluctuations.

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May 27, 2011, 09:34:13 AM
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This is stable?
This is different, over 6 hours within a 10 cent range.

For real, 6 hours is like a month in Bitcoin time. And 1% is like .01% in Bitcoin fluctuations.

Really real, ~10 hours in a 10 bTCent range.
Current = {"ticker":{"high":8.92,"low":8.212,"vol":20473,"buy":8.75,"sell":8.76,"last":8.73}}
In the recent past, "stable" would still move at least .25 or .30


Edit: Wed evening was amazing, the market is still resting.
It did blip up to ~8.83 just recently...

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May 27, 2011, 10:34:09 AM
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Hmm, maybe whoever was playing around with the exchange finally got tired of it, or is satisfied with the current price, so the remaining orders are from those who were truly interested in buying/selling BTC... well, just speculating here.  Smiley

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May 30, 2011, 10:21:23 AM
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well, just speculating here.  Smiley

Let's hope nobody else is...

Argumentum ad lunam: the fallacy that because Bitcoin's price is rising really fast the currency must be a speculative bubble and/or Ponzi scheme.
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