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Author Topic: BTC becomes mature and stable currency  (Read 1067 times)
AmazonStuff (OP)
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October 24, 2013, 09:09:38 AM
 #1

I'm impressed that dump like this didn't harmed BTC price at all, in the past this kind of dump would trigger panic and desperation, now it's just a hump on the road, BTC continues like nothing happened Cheesy
pera
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October 24, 2013, 09:17:38 AM
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well, I think that having three big market (us, eu, ch) with different exchanges it's a really good thing... It really is a sign of becoming mature because it makes the market much more "nash-equilibred" ? Smiley

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Zangelbert Bingledack
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October 24, 2013, 07:59:27 PM
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The April crash inoculated us.
rpietila
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October 24, 2013, 08:05:46 PM
 #4

The April crash inoculated us.

It kind of makes you feel stupid to sell low, so you tend to avoid it. If you still do, it transfers your bitcoins to better traders and solves the problem that way.

My bold prediction is that we do not see a 40% crash before hitting $1000!

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wasserman99
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October 24, 2013, 08:20:38 PM
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very stable. very stable day, indeed.

RyNinDaCleM
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October 24, 2013, 10:19:05 PM
 #6

You people are crazy!  Shocked

There was a $58 drop, followed by a $42 rise and now it's down another ~$20. If that isn't highly volatile, I don't know what is. Resilient would be the word I'd use for it, but hardly "stable"

N12
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October 24, 2013, 10:21:12 PM
 #7

You people are crazy!  Shocked

There was a $58 drop, followed by a $42 rise and now it's down another ~$20. If that isn't highly volatile, I don't know what is. Resilient would be the word I'd use for it, but hardly "stable"
SHHHHHHHHHHH

BITCOIN STABLE! BITCOIN MATURE! 10/10 would denominate super market prices in it again.
somestranger
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October 24, 2013, 10:23:40 PM
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This is nowhere near stable. That is still several years away when it is valued much higher.
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October 24, 2013, 11:11:28 PM
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You people are crazy!  Shocked

There was a $58 drop, followed by a $42 rise and now it's down another ~$20. If that isn't highly volatile, I don't know what is. Resilient would be the word I'd use for it, but hardly "stable"

Well, not stable, but a 25% drop is a lot less than we've seen in the past... But who knows what tomorrow will bring? I think it's hard to ever declare anything about the price of Bitcoin, other than it's volatile!

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