Bitcoin Forum
October 21, 2017, 02:49:22 PM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: why is the price holding stable?  (Read 1950 times)
paulie_w
Sr. Member
****
Offline Offline

Activity: 420


View Profile
October 19, 2012, 11:11:32 AM
 #1

i constantly feel like there is a long-game manipulation being played. pump it up to a price, hold it there so people are psychologically accepting of btc's value at a certain price, then raise again.
1508597362
Hero Member
*
Offline Offline

Posts: 1508597362

View Profile Personal Message (Offline)

Ignore
1508597362
Reply with quote  #2

1508597362
Report to moderator
1508597362
Hero Member
*
Offline Offline

Posts: 1508597362

View Profile Personal Message (Offline)

Ignore
1508597362
Reply with quote  #2

1508597362
Report to moderator
1508597362
Hero Member
*
Offline Offline

Posts: 1508597362

View Profile Personal Message (Offline)

Ignore
1508597362
Reply with quote  #2

1508597362
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Spekulatius
Legendary
*
Offline Offline

Activity: 1022



View Profile
October 19, 2012, 11:23:55 AM
 #2

maybe. Anyway, right now buying pressure prevails but is still low. We are constantly atacking thw 12$ resistance but with feeble success.
If you want to go deeper, Id say after the past month that gained momentum from some speculative believes/announcements, there is a natural disenchantment right now, still hopes are up for some short term exitements in the pipe line, like Kim Dotcom's 2 new services (that may accept bitcoin), ogrr.com+mmoexchange.net, reward halving, ASICs (for non logical reasons), torrentleech.org, poker sites catching up with infinity poker in the making, bitinstants debit card (where is that actually?), the first public bitcoin hedge fund coming up, reddit's bitcoin tip bot recently and many more...
Mushoz
Hero Member
*****
Offline Offline

Activity: 686


Bitbuy


View Profile WWW
October 19, 2012, 04:08:30 PM
 #3

maybe. Anyway, right now buying pressure prevails but is still low. We are constantly atacking thw 12$ resistance but with feeble success.
If you want to go deeper, Id say after the past month that gained momentum from some speculative believes/announcements, there is a natural disenchantment right now, still hopes are up for some short term exitements in the pipe line, like Kim Dotcom's 2 new services (that may accept bitcoin), ogrr.com+mmoexchange.net, reward halving, ASICs (for non logical reasons), torrentleech.org, poker sites catching up with infinity poker in the making, bitinstants debit card (where is that actually?), the first public bitcoin hedge fund coming up, reddit's bitcoin tip bot recently and many more...

Wow, Nice list. Bitcoin is going to be interesting ^_^

www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
lebing
Legendary
*
Offline Offline

Activity: 1288

Enabling the maximal migration


View Profile
October 21, 2012, 06:31:11 PM
 #4

maybe. Anyway, right now buying pressure prevails but is still low. We are constantly atacking thw 12$ resistance but with feeble success.
If you want to go deeper, Id say after the past month that gained momentum from some speculative believes/announcements, there is a natural disenchantment right now, still hopes are up for some short term exitements in the pipe line, like Kim Dotcom's 2 new services (that may accept bitcoin), ogrr.com+mmoexchange.net, reward halving, ASICs (for non logical reasons), torrentleech.org, poker sites catching up with infinity poker in the making, bitinstants debit card (where is that actually?), the first public bitcoin hedge fund coming up, reddit's bitcoin tip bot recently and many more...

Well done good sir

Bro, do you even blockchain?
-E Voorhees
Mushoz
Hero Member
*****
Offline Offline

Activity: 686


Bitbuy


View Profile WWW
October 21, 2012, 10:03:11 PM
 #5

i constantly feel like there is a long-game manipulation being played. pump it up to a price, hold it there so people are psychologically accepting of btc's value at a certain price, then raise again.

The price holding stable just means that supply currently equals demand. I don't think it's manipulated much at the moment. Hardly any volume and no big walls.

www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
TradeFortress
VIP
Legendary
*
Offline Offline

Activity: 910


View Profile
October 21, 2012, 10:36:29 PM
 #6

The price is stable because Bitcoin is not as violate. I think that's a good thing for bitcoin as people will be able to set prices more stable-y.
zoinky
Hero Member
*****
Offline Offline

Activity: 808


Web Developer


View Profile
October 22, 2012, 03:01:11 AM
 #7

The price is stable because Bitcoin is not as violate. I think that's a good thing for bitcoin as people will be able to set prices more stable-y.
Yeah till the halving ruins everything!
GeoRW
Sr. Member
****
Offline Offline

Activity: 329


Trust No One


View Profile
October 22, 2012, 05:46:09 AM
 #8

I think the bitcoin is too expensive now for many (I personally stopped buyng around 8 USD  Cool) and on the other hand sellers are waiting for block reward halving and accumulating their bitcoins. So there are lower volumes and therefore lower volatility.
Cluster2k
Legendary
*
Offline Offline

Activity: 1559


View Profile
October 22, 2012, 05:56:11 AM
 #9

The price is stable as there's just not that much demand for bitcoins at the moment.  Trading activity is dominated by bots throwing bitcoins at one another and possibly extracting a small profit.  The larger swing traders aren't interested as there aren't any swings to be had.  It's a game of 'you go first' at the moment.


Do not send bitcoins to me: 16b8s7pBJ9rUmsExNW25qD5VUqVqRPZuXu
100% solar powered bitcoin generation
notme
Legendary
*
Offline Offline

Activity: 1820


View Profile
October 22, 2012, 09:05:35 PM
 #10

Supply = Demand
Huh

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
TangibleCryptography
Sr. Member
****
Offline Offline

Activity: 476


Tangible Cryptography LLC


View Profile WWW
October 22, 2012, 09:18:22 PM
 #11

The price is stable as there's just not that much demand for bitcoins at the moment.  Trading activity is dominated by bots throwing bitcoins at one another and possibly extracting a small profit.  The larger swing traders aren't interested as there aren't any swings to be had.  It's a game of 'you go first' at the moment.

Oh there is demand ... just not all of it on the exchanges. Wink
C10H15N
Hero Member
*****
Offline Offline

Activity: 778



View Profile
October 22, 2012, 09:23:32 PM
 #12

Yeah till the halving ruins everything!

On the contrary.  Some of us can't wait for this mining lunacy to evolve into respectable transaction processing.
Yes, the early pioneers deserve their reward, but their time is short.

Only when the tide goes out do you discover who's been swimming naked. -Warren Buffett
Cluster2k
Legendary
*
Offline Offline

Activity: 1559


View Profile
October 23, 2012, 01:31:08 AM
 #13

The price is stable as there's just not that much demand for bitcoins at the moment.  Trading activity is dominated by bots throwing bitcoins at one another and possibly extracting a small profit.  The larger swing traders aren't interested as there aren't any swings to be had.  It's a game of 'you go first' at the moment.

Oh there is demand ... just not all of it on the exchanges. Wink

How much demand is there, and where is it?  More data is required to support your statement.

Do not send bitcoins to me: 16b8s7pBJ9rUmsExNW25qD5VUqVqRPZuXu
100% solar powered bitcoin generation
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!