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r32godzilla
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May 10, 2013, 04:54:31 AM
 #1

What the heck is goin on @ Gox atm? Its been around $112 for 12hrs +... zzzzzzzzz

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May 10, 2013, 05:06:29 AM
 #2

The price has been annoying steady- but I suppose it's better than watching it plummet. We might be waiting for the next wave of newcomers onto the scene. I got in in mid March, but it appears there's a real sense out there that the average Joe hasn't caught on yet. They may have heard of Bitcoin, but still have no idea what it is or what it means. I haven't seen the volume so low on Gox in...ever. 20,000? Hate to speculate- eh, who am I kidding I love to speculate. I hope it soars. I kick myself for not getting in when I heard about Bitcoin (and doubted it) in 2011, but I'm trying to get out of that habit. BTCitGurl
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May 10, 2013, 05:16:01 AM
 #3

i hear you BitGurl

I am also regretting that i did not take it seriously when i first heard about bitcoins.

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r32godzilla
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May 10, 2013, 05:17:49 AM
 #4

Yeah its very annoying not being able to make any money atm. I'm like you I heard about bitcoin a year or so ago but stupidly dismissed it as going nowhere lol. Oh well I hope theres some excitement in the market again soon , its been booooring the last few days.


 
 
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BitGurl
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May 10, 2013, 05:32:05 AM
 #5

Ahh yea that makes sense, stable price means no daytrading. Lame. Yes I feel that frustration, but hey there are still many people who are going through just that now- hearing of Bitcoin, and dismissing it. They may be kicking themselves in some time, looking at us like "You have ONE WHOLE BITCOIN? Whoa". Smiley

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May 10, 2013, 05:33:44 AM
 #6

The longer its stable the better. And then a slow increase. Smiley

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May 10, 2013, 05:35:52 AM
 #7

Or in a year from now they may be saying "Ha, Bitcoins? You actually wasted money on those?"

Assuming Bitcoins will be worth more in a year is asinine. All it will take is a few more business regulations and the whole thing falls apart. For all we know, in a year a Bitcoin could be worth $200... or $0.05.

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May 10, 2013, 06:05:38 AM
 #8

Goxxed again! Cheesy

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May 10, 2013, 06:13:02 AM
 #9

Or in a year from now they may be saying "Ha, Bitcoins? You actually wasted money on those?"

Assuming Bitcoins will be worth more in a year is asinine. All it will take is a few more business regulations and the whole thing falls apart. For all we know, in a year a Bitcoin could be worth $200... or $0.05.
The other thing is without regular updates, the media coverage will stop.
That could effect it either way too. At least for the forseeable future though,
nobody is going to let the price drop below 40 without buying up as much as possible.
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May 10, 2013, 06:16:30 AM
 #10

I like this new stability in the price...makes it easier to send BTC and not have it drop in transit.
r32godzilla
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May 10, 2013, 06:53:34 AM
 #11

Stability means no day trading tho lol. Its hardly moved between 111-113 for ages so hoping for it to breakout soon.


 
 
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miningusa
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May 10, 2013, 07:00:01 AM
 #12

Make me rich Bitcoin!!  Cheesy
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May 10, 2013, 07:33:10 AM
 #13

Agreed, oddly steady around 112-113.  Volatility is much better for trading in/out on the hi and low.  I won't bet on BTC having overall unlimited growth in the future, but at least you can make money off of the volatility.
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May 10, 2013, 08:11:12 AM
 #14

The price has been annoying steady- but I suppose it's better than watching it plummet. We might be waiting for the next wave of newcomers onto the scene. I got in in mid March, but it appears there's a real sense out there that the average Joe hasn't caught on yet. They may have heard of Bitcoin, but still have no idea what it is or what it means. I haven't seen the volume so low on Gox in...ever. 20,000? Hate to speculate- eh, who am I kidding I love to speculate. I hope it soars. I kick myself for not getting in when I heard about Bitcoin (and doubted it) in 2011, but I'm trying to get out of that habit. BTCitGurl

With all the recent news about the lawsuit and litecoin delay people may be holding until Gox next move.
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May 10, 2013, 08:43:17 AM
 #15

Well with the slow change in value I like to think there is less speculation with BTC now, which makes it a little more useful with which to buy things.
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May 10, 2013, 08:44:10 AM
 #16

 Wink

Don't get caught up in the get rich quick schemes people. Bitcoin is in for the long haul. I think gox being semi stable is great for the economy. The press will eat the stability up so Im sure more people will take that as an opportunity to buy in. You'll still get all the volatility in time. Gox just needs to keep up with promises. Can you say litecoin?

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May 10, 2013, 08:48:14 AM
 #17

Well speculating on price moves is basically gambling Smiley And especially with currency and without any options etc to hedge bets and have stop loss possibilities. So betting on wild swings is a so-so model Smiley

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May 10, 2013, 09:06:38 AM
 #18

Going up now.  Tongue

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May 10, 2013, 11:08:02 AM
 #19

What the heck is goin on @ Gox atm? Its been around $112 for 12hrs +... zzzzzzzzz

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Lack on interest - there was almost no volume on Gox.
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May 10, 2013, 11:29:41 AM
 #20

Trading is a bit difficult when it's stable...
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