pleaseexplain (OP)
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May 03, 2015, 06:19:28 AM Last edit: May 03, 2015, 09:35:12 AM by pleaseexplain |
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Hi we have all noticed how "quiet' bitcoin is lately but this chart shows up just how dramatic is has been. it is to be expected that as you compare longer to shorter time frames volatility would be less (though not necessarily true for bitcoin) but it is getting boringly stable but in terms of attracting in new people it is I think good as its less "scary". https://docs.google.com/spreadsheets/d/1C2gRnBSBSf-K2axqIyZXUKUAJ2cgby3-LiFJuCrHQ9c/edit#gid=0
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americanpegasus
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May 03, 2015, 06:22:08 AM |
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It is expected. A period of great stability always precedes a run up.
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Account is back under control of the real AmericanPegasus.
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Amph
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May 03, 2015, 07:15:34 AM Last edit: May 03, 2015, 08:00:32 AM by Amph |
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It is expected. A period of great stability always precedes a run up.
unless there is heavy manipulation with fake pump all over the place, because i don't recall heavy stability before the 1200 ATH the price was moving from 60 to 120 usd, which was huge for that era, because if you compare it with current price, it's like having it moving from $100 to $200 essentially
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Toxonaut
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May 03, 2015, 07:34:11 AM |
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i like voli-titty to increase
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Mellnik
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May 03, 2015, 08:13:58 AM |
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What the heck is "volitity".
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randy8777
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May 03, 2015, 09:49:52 AM |
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volatility at this point is very welcome. it allows people to have a decent return on their investments. bitcoin won't be stable for a very long time.
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redsn0w
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May 03, 2015, 09:54:40 AM |
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volatility at this point is very welcome. it allows people to have a decent return on their investments. bitcoin won't be stable for a very long time.
I think when all the speculation will end... bitcoin will be more stable and more people will start to 'spend' bitcoin. The speculation is a good but at the same time a bad thing.
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Erdogan
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May 03, 2015, 10:21:54 AM |
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Your calculations would be more useful if you found the volatility for each week the last few years.
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peeveepee
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May 03, 2015, 12:33:38 PM |
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Calm before the storm.
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kwukduck
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May 03, 2015, 05:38:13 PM |
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For every day we hover around these ridiculous high price we can expect the crash to be even more severe. Right now it looks like the next crash will completely oblitterate everything left of the bitcoin ecosystem. It won't be much longer before the true ponzi nature of bitcoin is revealed.
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14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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goxed
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May 03, 2015, 06:55:18 PM |
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For every day we hover around these ridiculous high price we can expect the crash to be even more severe. Right now it looks like the next crash will completely oblitterate everything left of the bitcoin ecosystem. It won't be much longer before the true ponzi nature of bitcoin is revealed.
above message reminds me of Proudhon
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Revewing Bitcoin / Crypto mining Hardware.
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d5000
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May 03, 2015, 07:00:24 PM |
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volatility at this point is very welcome. it allows people to have a decent return on their investments. bitcoin won't be stable for a very long time.
That is a false conclusion. Volatility means "up" but also means "down". While some people get a "decent return" (mainly daytraders, people that don't add much value to the network), some other people lose their houses, student credits etc. And unfortunately, volatility is not really declining as you can see at http://btcvol.info (we still have similar values like 2012 and 2013).
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jdebunt
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May 03, 2015, 07:12:12 PM |
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People see this as a "maturing" process of Bitcoin. It could only mean good things are bound to happen, one way or another. Just maybe not in the form that we expect ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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micalith
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May 03, 2015, 08:57:24 PM |
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gently gently ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Felidourado.com%2Fwp-content%2Fuploads%2Fvolatility-mtgox.png&t=665&c=QldXSzTOwTSjBg) I know, old chart, but I'm pretty sure it's been steadily decreasing still Give it another 5 years. If it succeeds, it'll be finally stable enough for the dinosaurs with traditional stability requirements to finally get on board, but I reckon many will have learnt to accept to roll with the volatility sooner than that
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bigtimespaghetti
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May 03, 2015, 09:25:11 PM |
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Probably got a few years of rollercoaster whipsaws imo. Wouldn't have it any other way!
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gentlemand
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May 03, 2015, 09:29:28 PM |
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People see this as a "maturing" process of Bitcoin. It could only mean good things are bound to happen, one way or another. Just maybe not in the form that we expect ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Surely it's a lull rather than maturation. There's still only a minute proportion of the potential amount of end users involved. There'd have to be lots more rollercoasting before a properly large number of people are on board.
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ajareselde
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May 04, 2015, 02:58:32 AM |
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People see this as a "maturing" process of Bitcoin. It could only mean good things are bound to happen, one way or another. Just maybe not in the form that we expect ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Surely it's a lull rather than maturation. There's still only a minute proportion of the potential amount of end users involved. There'd have to be lots more rollercoasting before a properly large number of people are on board. Aaaaand theres an another paradox happening, with increased audience bitcoin investors hodl, ramping up the price to new unrealistic marks, until the whole thing collapses once again. After that another few years of -70% to +300% oscilations , and probably even more speculation. It seams to me that bitcoin will never have a decent stability, just because of its design (Until all coins are mined, and only txfee remains for grabs)
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Elwar
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May 04, 2015, 09:55:24 AM |
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For every day we hover around these ridiculous high price we can expect the crash to be even more severe. Right now it looks like the next crash will completely oblitterate everything left of the bitcoin ecosystem. It won't be much longer before the true ponzi nature of bitcoin is revealed.
above message reminds me of Proudhon Nah, Proudhon believed in Bitcoin he just thought the price was too high. Then he revealed that he was actually bullish after the price dropped but didn't want to break character.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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Q7
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May 04, 2015, 12:39:19 PM |
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Less volatile means overall good for bitcoin development. No business for that matter would like to see their profits getting wiped out immediately in a matter of hours and even if they are using third party processor to handle the payment, there is still risk involved. It might not be good for those traders but who cares? More important is the development of the coin.
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yefi
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May 04, 2015, 01:09:55 PM |
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Probably got a few years of rollercoaster whipsaws imo. Wouldn't have it any other way!
Hear, hear! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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