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Author Topic: Market Volatility  (Read 1384 times)
GeniuSxBoY (OP)
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June 28, 2011, 12:41:30 AM
 #1

I see none.  Huh


It's as if... bitcoins have a solid value.  Shocked


Will we ever see volatility again?  Cool

Be humble!
chuckypalumbo
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June 28, 2011, 12:55:00 AM
 #2

I don't see any short term instability coming up, not if the Mt. Gox fiasco wasn't enough to take the price down under $10. It would take something pretty massive for that to happen.
error
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June 28, 2011, 12:58:26 AM
 #3

Volatility? It's plenty volatile today.

3KzNGwzRZ6SimWuFAgh4TnXzHpruHMZmV8
peach
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June 28, 2011, 12:58:26 AM
 #4

Obviously prices will see sharp jumps and resulting falls when Bitcoin gains large quantities of publicity in a short amount of time--such as a news story or a magazine front page.
bitcoininnj
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June 28, 2011, 01:01:02 AM
 #5

I was amazed how well the price held, found a trading range, and held again.

Positive news will send Bitcoin value soaring, especially after the week of hell
it has been through, and there was little to no effect on its value.
GeniuSxBoY (OP)
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June 29, 2011, 05:55:30 PM
 #6

yay, i'm excited Grin it's back

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stic.man
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June 29, 2011, 05:57:11 PM
 #7

where is it back?
DamienBlack
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June 29, 2011, 05:58:24 PM
 #8

I think we are consolidating for a run up that will probably start next week or so.

Google trends has actually seen the second major decrease this last month. The Last one was in may, and there was a price drop/consolidation at the same time. I think the best way to keep an eye on price potential is to watch google trends.

http://www.google.com/trends?q=bitcoin&ctab=0&geo=all&date=ytd&sort=0
andes
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June 29, 2011, 06:01:27 PM
 #9

What I wonder is the large changes in traded volume in the last 4 days. Today its incredibly low, maybe due to the MtGox security concerns from yesterday. But it is strange that TH and B7 are also much lower today...
TraderTimm
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June 29, 2011, 06:04:32 PM
 #10

Trading in a range from 16.50 - 17.00 doesn't bother me in the least. This is what markets do from time to time. Also, it differentiates it from being a speculative 'bubble' - much to the chagrin of most trolls Smiley

I think previous posters are correct, it will either take a news event or a buildup of bids to get things going again. But for now, I'm enjoying the small fluctuations.

fortitudinem multis - catenum regit omnia
foggyb
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June 29, 2011, 06:04:49 PM
 #11


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Serge
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June 29, 2011, 06:05:47 PM
 #12

It's amazing how stable it has been holding up past few days.

Does any one think it's due to arbitraging top exchanges? When it was only one main exchange it seemed it was 'easy' target for manipulating rates to go up or down and now it is more balanced and more difficult to rock it sideways?

Of course it's lower in trading volume, people may still have concerns about security bridges and are not so inclined to jump back in?
Tasty Champa
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June 29, 2011, 06:11:21 PM
 #13

It's amazing how stable it has been holding up past few days.

Does any one think it's due to arbitraging top exchanges?

Definitely.

It's been so boring though, great for the goods market but so boring for the exchanges.
BitcoinPorn
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June 29, 2011, 06:16:40 PM
 #14

It's been so boring though, great for the goods market but so boring for the exchanges.
Such non-activity allows me to do other things in life.

However this also cause me to frequently check my phone for latest chart updates, I think there is a strong chance I get even less work done with everything is fine and stable lol

Tasty Champa
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June 29, 2011, 06:29:46 PM
 #15

It's been so boring though, great for the goods market but so boring for the exchanges.
Such non-activity allows me to do other things in life.

However this also cause me to frequently check my phone for latest chart updates, I think there is a strong chance I get even less work done with everything is fine and stable lol

The one highlight so far was Monday B7 had odd trading and went down past 13 to stop at 10 and come back up real quick, it does not show in the charts at all though. Strange reporting errors across gox, and b7, and hill just seems to keep right along with gox. Arbitrage seems to be tying them all together like a lake party.
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