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Author Topic: We've stablized the currency of bitcoins!  (Read 1243 times)
Minsc
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September 08, 2011, 02:32:05 AM
 #1

It's $7.11 per coin.

It's not going up.  Not going down.  Been like this all day with only slight variations.

Good news everybody!

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fcmatt
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September 08, 2011, 02:36:28 AM
 #2

Just wait a bit...
More pressure down just takes time to build up.
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September 08, 2011, 04:52:52 AM
 #3

It's $7.11 per coin.

It's not going up.  Not going down.  Been like this all day with only slight variations.

Good news everybody!

This raises the question..  what would it take for the general perception to be that it's 'stable'
Even if it were to go for a period of 6months varying by less than 1%  - I'm sure there would be plenty of people still bearing in mind that it could still be subject to a big selloff or spike.
Ultimately I think it'd need a combination of obvious heavy usage around the world, and a stable price for over a year before I'd be truly comfortable saying it had 'stabilized'.

@electricwings   BM-GtyD5exuDJ2kvEbr41XchkC8x9hPxdFd
smoothie
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September 08, 2011, 05:08:20 AM
 #4

Hardly. I believe this is just a short stop on the way down some more.

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Minsc
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September 08, 2011, 05:58:29 AM
 #5

It's now dwindling down slow.  Knowing it's obviously set for another crash, why don't the holders just sell it all off right now before it drops to $6 and below?

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im3w1l
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September 09, 2011, 01:38:29 PM
 #6

It's now dwindling down slow.  Knowing it's obviously set for another crash, why don't the holders just sell it all off right now before it drops to $5 and below?
updated for todays data
greyhawk
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September 09, 2011, 01:39:56 PM
 #7

It's now dwindling down slow.  Knowing it's obviously set for another crash, why don't the holders just sell it all off right now before it drops to $4 and below?
updated for todays data

Updated for 2 minutes ago
The_Duke
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September 09, 2011, 01:44:38 PM
 #8

Cheesy

NOT a member of the so called ''Bitcoin Foundation''. Choose Independence!

Donate to the BitKitty Foundation instead! -> 1Fd4yLneGmxRHnPi6WCMC2hAMzaWvDePF9 <-
iprivately
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September 09, 2011, 02:17:03 PM
 #9

it jumped $0.70 in the last 20 mins
AssemblY
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September 09, 2011, 02:18:04 PM
 #10

for me, it's time to buy!  Cheesy
iprivately
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September 09, 2011, 02:19:19 PM
 #11

for me, it's time to buy!  Cheesy

+1
Richard Rahl
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September 09, 2011, 02:21:19 PM
 #12

It's $7.11 per coin.

It's not going up.  Not going down.  Been like this all day with only slight variations.

Good news everybody!

ORLY?

32% Drop in 2days since this post says otherwise.

proudhon
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September 09, 2011, 02:26:37 PM
 #13

Finally.  We're stable at $5.1.  Everyone can relax now.
Jixtreme
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September 09, 2011, 02:35:55 PM
 #14

False promise is false.
proudhon
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September 09, 2011, 02:48:52 PM
 #15

False promise is false.

Just so you know, bitcoin is considered stable when it's within a $0.5 price range for more than 10 minutes.
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