2501 (OP)
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November 15, 2012, 03:16:17 AM |
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Has been some time now that the price has been stable around the price of 10 11. Any reason why the price isnt going up?
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Bitrated user: Allex.
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Yuhfhrh
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November 15, 2012, 03:18:45 AM |
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Has been some time now that the price has been stable around the price of 10 11. Any reason why the price isnt going up?
People are more calm in the winter? lol
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myself
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November 15, 2012, 04:13:19 AM |
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Any reason why the price isnt going up?
saving rates and real life income dont go 15% up per month
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Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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2501 (OP)
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November 15, 2012, 04:16:29 AM |
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[/quote] saving rates and real life income dont go 15% up per month [/quote]
ok, but what is the point?
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Bitrated user: Allex.
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peepee
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November 15, 2012, 04:27:08 AM |
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ok, but what is the point?
My guess is, his point is your question was less than adequate, too mundane, or anything of the sort.. and he's right.
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myself
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chaos is fun...…damental :)
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November 15, 2012, 04:27:19 AM |
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ok, but what is the point?
you know paper money buys bitcoin (shocking right?) and that drives price up (shocking fact number 2) that usd need to come from some place most of the time from income generated from working so ppl have 2 options earn more (lol) or save more (even more lolz) to buy bitcoins, bitcoin printing it goes at a rate and income at a rate, each time the price goes up the usd buys less bitcoins so is harder to move the price, bitcoin YTD is about 140% for 2012, so who get the money flow to keep up with that ?? did i really need to explain this
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Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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smickles
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November 15, 2012, 04:36:05 AM |
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I don't consider the current volatility levels stable. :\
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myself
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chaos is fun...…damental :)
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November 15, 2012, 04:37:56 AM |
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I don't consider the current volatility levels stable. :\
can you explain your measurement stick for that ?
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Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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DannyHamilton
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November 15, 2012, 04:43:19 PM |
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Has been some time now that the price has been stable around the price of 10 11. Any reason why the price isnt going up?
I would assume that the reason would be that: - The number of people wanting to acquire bitcoin in exchange for their native currency when the exchange rate is lower is more than the number of people wanting to acquire their native currency in exchange for bitcoin at that exchange rate.
- The number of people wanting to acquire their native currency in exchange for bitcoin when the exchange rate is higher is more than the number of people wanting to acquire bitcoin in exchange for their native currency at that exchange rate.
- The number of people wanting to acquire bitcoin in exchange for their native currency at the current exchange rate is approximately the same as the number of people wanting to acquire their native currency in exchange for bitcoin.
This would generally seem to imply that there currently isn't a significant increase in numbers of people attempting to acquire bitcoin, nor is there a significant decrease in numbers of people attempting to get rid of their bitcoin. I suppose all of this is already obvious. Perhaps your question is, "Why don't more people want to acquire more bitcoin faster?" or "Why don't less people get rid of less bitcoin?"
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2501 (OP)
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November 15, 2012, 10:18:37 PM |
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Has been some time now that the price has been stable around the price of 10 11. Any reason why the price isnt going up?
I would assume that the reason would be that: - The number of people wanting to acquire bitcoin in exchange for their native currency when the exchange rate is lower is more than the number of people wanting to acquire their native currency in exchange for bitcoin at that exchange rate.
- The number of people wanting to acquire their native currency in exchange for bitcoin when the exchange rate is higher is more than the number of people wanting to acquire bitcoin in exchange for their native currency at that exchange rate.
- The number of people wanting to acquire bitcoin in exchange for their native currency at the current exchange rate is approximately the same as the number of people wanting to acquire their native currency in exchange for bitcoin.
This would generally seem to imply that there currently isn't a significant increase in numbers of people attempting to acquire bitcoin, nor is there a significant decrease in numbers of people attempting to get rid of their bitcoin. I suppose all of this is already obvious. Perhaps your question is, "Why don't more people want to acquire more bitcoin faster?" or "Why don't less people get rid of less bitcoin?" It does makes sense. Butcoin was on the rise or "bullish" for almost 8 month and now stable. Perhapz less good news on bitcoin, less big players "pirateat40", Cristimas coming up..
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Bitrated user: Allex.
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Technomage
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Affordable Physical Bitcoins - Denarium.com
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November 15, 2012, 10:28:20 PM |
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We are enjoying a period of relative stability but it's important to know that it's temporary. Bitcoin is way too small for long term stability. This period won't last long I think, there is simply too much happening in the Bitcoin world in the coming months (block reward halving and ASIC's to start with) that it won't be very stable.
Also, it has always gone up after longer periods of stability. I don't think it'll be any different this time.
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Denarium closing sale discounts now up to 43%! Check out our products from here!
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myself
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chaos is fun...…damental :)
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November 15, 2012, 10:37:21 PM |
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remember that not accomplished expectations is the major risk event if the herd do believe that the price will rally and it don't rally there are big chances to go below that 2 USD low
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Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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smickles
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November 18, 2012, 05:31:45 AM |
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I don't consider the current volatility levels stable. :\
can you explain your measurement stick for that ? The measurement stick is standard deviation. Using historical data, the usd/btc exchange rate is upwards of 170% iirc You could also use the implied volatility of options, and still there you have an implied volatility of over 150% iirc
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kokojie
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November 18, 2012, 05:38:28 AM |
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Positive news happens to be cancelled out by negative news. With multiple ponzi schemes exploding on GLBSE, and then GLBSE itself exploded, I'm surprised the price didn't go down further. Anyway it seems some kind of equilibrium happened, with positive news cancelling out the negative news, and we happen to have a stable period now. Don't expect it to last forever though, a storm is coming.
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btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
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smoothie
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LEALANA Bitcoin Grim Reaper
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November 18, 2012, 05:49:21 AM |
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Usually when you see these "stability" threads you soon find that the price starts not being stable anymore.
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paulie_w
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November 18, 2012, 10:16:55 AM |
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Usually when you see these "stability" threads you soon find that the price starts not being stable anymore.
this is actually true.
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piramida
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November 18, 2012, 01:42:40 PM |
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yes, every time we start enjoying stability some people decide that finally bitcoin is stable enough and buy in, hence moving the price in crazy circles again... as for people saying about going down to $2 - oh, that's quite some wishful thinking. won't happen until somebody goes to jail for bitcoin possession, or mtgox gets shut down by gov, that would move the price down to 4-5 $ per coin easily ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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i am satoshi
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majamalu
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November 18, 2012, 02:20:03 PM |
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remember that not accomplished expectations is the major risk event if the herd do believe that the price will rally and it don't rally there are big chances to go below that 2 USD low
The herd doesn't know about Bitcoin.
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myself
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chaos is fun...…damental :)
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November 18, 2012, 05:50:48 PM |
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remember that not accomplished expectations is the major risk event if the herd do believe that the price will rally and it don't rally there are big chances to go below that 2 USD low
The herd doesn't know about Bitcoin. there is always a herd the easy check if you are in the herd or not is the simple question: do you have a plan ?also you may like this video
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Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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