the lack of volitility is worrying

[pleaseexplain]

bitcoin is still new and lots of good and bad things have happened to it already and that has created volatility. Though they will be different good and bad things happening now than in early times the market should still be highly volitile.

But by bitcoin standards its flat. The chances of a price of around $250 +/- $30 as being some natural equilibrium is highly unlikely - maybe 1 in a 1000?

so does it mean the market is being carefully controlled by a few at least for a period?

anyone else suspicious 

[Amph]

bitcoin is more than 5 years old, it's about time that is less volatile now than before, besides this the manipulation was always present, but now there is only manipulation(i would say less than before) and no more "new" money

[1Referee]

Bitcoin market cap is very low, which gives people with deep bags much joy in making weak hands sell their coins.

At this point there is no reason for volatility. No good or bad news. Just enjoy the calmth for as long as you can.

[ashour]

They market cap is really low ( around $3.3 bn)  rich and powerful people like mark zuckerberg or warren buffet could easily manipulate the market/price/volume in their favour. Bitcoin still needs to grow and definitely needs more time to be trusted by companies/people.

[Dilla]

Yes the market is being controlled.

[BillyBobZorton]

bitcoin is more than 5 years old, it's about time that is less volatile now then before, besides this the manipulation was always present, but now there is only manipulation(i would say less than before) and no more "new" money

There are still about 6 million new coins to be created, but its true the new coins coming into the market are increasingly slower and this should naturally create a stability on the price, ruling out external factors (manipulation and whatnot).

[Amph]

They market cap is really low ( around $3.3 bn)  rich and powerful people like mark zuckerberg or warren buffet could easily manipulate the market/price/volume in their favour. Bitcoin still needs to grow and definitely needs more time to be trusted by companies/people.

people are not satisfied with current price, they think the stability should've come with a 10k dollars value for each bit, they have some reason here, currently bitcoin is drastically undervalued

that's why you see so many complaints about current price

[8up]

To lazy to answer in detail. Observe the market and you will get a clue, why stability is the logical conclusion in this market phase.

Bulls and bears balance each other very well atm.

Guess the next two month will become boring to an almost unbearable level.  

Nothing to see here. Just the expected stabiliaztion of the price. Bears don't have the power to push it further down. Bulls don't have the power (yet) to push it up.

I know, no one in here wants to hear this, but we are in for a booooring time (+/-$30 around 255 for the next weeks). Sorry.

I like to read the bull vs. bear stories a lot. But for now stability is king.

No one wants to read this (because it is the blind spot of most market participants).

Next thing (around May) will be a slowly increasing price. As it still provides the "necessary" uncertainty for the current market situation. -> Bulls will be frightened to buy and sell and bears will be evermore frightened to short. Give this market some more time (months) to evolve.

ATM there is neither the need for a lower nor a higher price for the market to function well. Both doom and gloom have shortcomings we are not able to calculate in the price very well -> hence we stay where we are.

Edit: A possible intra-day flash crash including a fast recovery is totally possible at all times. This post is about beeing cautious, what the market wants vs. what market participants want.

[jbrnt]

When there is volitility, people are worried about bubbles. When there is relative stability, people complainted about it being flat. The market can't please everyone.  

I like stability more than volatility.

[randy8777]

When there is volitility, people are worried about bubbles. When there is relative stability, people complainted about it being flat. The market can't please everyone.  

I like stability more than volatility.

i compare it to what we think of the weather. if it's raining people want sun, once there is sun people complain about the sun being too hot. people are never satisfied.

[stonerider]

Bitcoin is a permanently inflating commodity. The longer you hold it, the less valuable it comes.

[Wings1987]

Bitcoin is a permanently inflating commodity. The longer you hold it, the less valuable it comes.

Would you like to explain yourself?

[Amph]

Bitcoin is a permanently inflating commodity. The longer you hold it, the less valuable it comes.

what are you talking about? price inflation or supply inflation? if it is the latter than you are wrong

[neurotypical]

Bitcoin is a permanently inflating commodity. The longer you hold it, the less valuable it comes.

Would you like to explain yourself?

It makes no sense. What he said is basically the total opposite of reality, as time will show.

[pleaseexplain]

bitcoin is still new and lots of good and bad things have happened to it already and that has created volatility. Though they will be different good and bad things happening now than in early times the market should still be highly volitile.

But by bitcoin standards its flat. The chances of a price of around $250 +/- $30 as being some natural equilibrium is highly unlikely - maybe 1 in a 1000?

so does it mean the market is being carefully controlled by a few at least for a period?

anyone else suspicious  

ahh $234 to $225 in a matter of minutes - welcome back volitility my old friend - the change is not as dramatic as you can sometimes be but it should be large enough for many that were bad mouthing you and saying the marketplace was stable and you were banished.

[micky123]

bitcoin is still new and lots of good and bad things have happened to it already and that has created volatility. Though they will be different good and bad things happening now than in early times the market should still be highly volitile.

But by bitcoin standards its flat. The chances of a price of around $250 +/- $30 as being some natural equilibrium is highly unlikely - maybe 1 in a 1000?

so does it mean the market is being carefully controlled by a few at least for a period?

anyone else suspicious 

ahh $234 to $225 in a matter of minutes - welcome back volitility my old friend - many were bad mouthing you and saying the marketplace was stable and you were banished.

You beat me to it! Lol! 

Volatility can only be good for day traders, guys looking to make a fast buck but who are not really concerned about the long term benefits of Bitcoin. In the process day traders actually harm Bitcoin by driving volatility and scaring away people who may be interested to get in on the Bitcoin action. Day traders are a scourge on Bicoin as they are selfishly motivated towards making a quick buck!

[Cconvert2G36]

ahh $234 to $225 in a matter of minutes - welcome back volitility my old friend - many were bad mouthing you and saying the marketplace was stable and you were banished.

You beat me to it! Lol! 

Volatility can only be good for day traders, guys looking to make a fast buck but who are not really concerned about the long term benefits of Bitcoin. In the process day traders actually harm Bitcoin by driving volatility and scaring away people who may be interested to get in on the Bitcoin action. Day traders are a scourge on Bicoin as they are selfishly motivated towards making a quick buck!

And in a free market, you can't do a damn thing about them, nor should you wring your hands so vigorously.

[Lorenzo]

Bitcoin is a permanently inflating commodity. The longer you hold it, the less valuable it comes.

Would you like to explain yourself?

It makes no sense. What he said is basically the total opposite of reality, as time will show.

Bitcoin is still in its temporary inflation phase since the supply continues to grow and will do so for the next several decades. However, the rate of new coin generation will decrease to the point where it becomes insignificant much earlier than this (e.g. 90 percent of the total coin supply will be mined by 2022). It's not "permanently inflating" and it won't become less valuable the longer you hold it so stonerider is wrong on these points. The price is determined by demand vs. supply and while the supply might be somewhat predictable, the demand is definitely unpredictable and could be higher or lower in the future.

Volatility can only be good for day traders, guys looking to make a fast buck but who are not really concerned about the long term benefits of Bitcoin. In the process day traders actually harm Bitcoin by driving volatility and scaring away people who may be interested to get in on the Bitcoin action. Day traders are a scourge on Bicoin as they are selfishly motivated towards making a quick buck!

That's one way of looking at it. Another way of looking at it is that day traders tend to rely on technical analysis which is a self-fulfilling prophecy where prices only respond to technical trends because traders believe they will. Typical support/resistance and overbought/oversold strategies tend to stabilize the price in the short term but any breakouts tend to be amplified (especially with margin trading and short selling) hence increasing volatility in the medium or long term.

[mrhelpful]

I would worry about it too much. But, its a period when btc has the ability to hear some great news like something solid happening, but more of this price situation is based balancing it on its own.

you should go based on the course of 3-4 months price, then seeing it a day to day thing unless you are a day trader.

[hua_hui]

Bitcoin market cap is very low, which gives people with deep bags much joy in making weak hands sell their coins.

At this point there is no reason for volatility. No good or bad news. Just enjoy the calmth for as long as you can.

As an long term investor, based on the long time frame, the price has dropped a lot, we are not caring about the volatility or temporary stability. Investing Bitcoin is to invest the future. When all the bitoin startups launch their products and offer their service fully, The price will definitely shoot up.