heretolearn (OP)
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February 03, 2014, 05:45:59 AM |
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Of late BTC prices seem to have just been stuck ... why is it not moving up or down like earlier ?
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keithers
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February 03, 2014, 05:57:02 AM |
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Since it has been speculative up until this point, it has been flat due to lack of major news
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heretolearn (OP)
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February 03, 2014, 06:19:31 AM |
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Since it has been speculative up until this point, it has been flat due to lack of major news
But why no demand in spite of such a wider base now ? When do you think the next rise/fall might be ?
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Sindelar1938
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February 03, 2014, 06:43:31 AM |
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Nobody has the foggiest idea We would be merely speculating ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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heretolearn (OP)
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February 03, 2014, 06:47:22 AM |
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Nobody has the foggiest idea We would be merely speculating ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Ain't we all in the stock markets .. im open to speculations.
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angrynerd88
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February 03, 2014, 10:49:01 AM |
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Guys, Chinese btc main dealer will open soon. give them some days to receive money from. customers. And since qwe are still in Chinese beginning of the year festivity we have to wait for some days more. My opinion is a Big, big pump in 12/15 February. Buy folks, buy now and be rich forever. Probably exactly now some millions Chinese are sending money to exchange.
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hilariousandco
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February 03, 2014, 12:24:11 PM |
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Of late BTC prices seem to have just been stuck ... why is it not moving up or down like earlier ?
Isn't a steady price what we want? A wildly fluctuating price is counter-productive to BTC as a currency. However, I'm sure the price will change on the back of some good/bad news. Patience is all that's needed here.
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heretolearn (OP)
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February 03, 2014, 12:40:54 PM |
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Guys, Chinese btc main dealer will open soon. give them some days to receive money from. customers. And since qwe are still in Chinese beginning of the year festivity we have to wait for some days more. My opinion is a Big, big pump in 12/15 February. Buy folks, buy now and be rich forever. Probably exactly now some millions Chinese are sending money to exchange.
Hmm yea that will be good .. also ebay is expected to start virtual currecies for listings .. so I hope it gives the prices a boost.
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heretolearn (OP)
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February 03, 2014, 12:42:29 PM |
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Of late BTC prices seem to have just been stuck ... why is it not moving up or down like earlier ?
Isn't a steady price what we want? A wildly fluctuating price is counter-productive to BTC as a currency. However, I'm sure the price will change on the back of some good/bad news. Patience is all that's needed here. Well yea we want some stability but not for sooo long .. im sure everybody remembers the daily fluctuations we used to have ... now it just feels like ages have past (relatively in the crypto world) without much of a movement in prices.
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hilariousandco
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February 03, 2014, 12:47:38 PM |
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Of late BTC prices seem to have just been stuck ... why is it not moving up or down like earlier ?
Isn't a steady price what we want? A wildly fluctuating price is counter-productive to BTC as a currency. However, I'm sure the price will change on the back of some good/bad news. Patience is all that's needed here. Well yea we want some stability but not for sooo long .. im sure everybody remembers the daily fluctuations we used to have ... now it just feels like ages have past (relatively in the crypto world) without much of a movement in prices. Why do we not want stability? If you want to use it as a currency then this is great.
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Kenshin
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February 03, 2014, 12:52:53 PM |
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Of late BTC prices seem to have just been stuck ... why is it not moving up or down like earlier ?
Actually the price still move up and down. It is just less aggressive. I know because I am still making profit from trading.
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hilariousandco
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February 03, 2014, 12:58:26 PM |
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Of late BTC prices seem to have just been stuck ... why is it not moving up or down like earlier ?
Actually the price still move up and down. It is just less aggressive. I know because I am still making profit from trading. I think people just get bored when there's not much activity. I must admit, it was more exciting when there's activity, but if you're looking for excitement from this I reckon you're in the wrong game, or will need a bit more patience.
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WompRat
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February 03, 2014, 01:11:18 PM |
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According to Slippery Slope's model we are still a bit over where the price should be. I am hopeful of a rise to $2000 in the second half of the year .
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crocko
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February 03, 2014, 01:57:58 PM |
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Any chance to hit $5000 in the 2nd half of the year ?
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yatsey87
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February 03, 2014, 01:59:59 PM |
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Any chance to hit $5000 in the 2nd half of the year ?
There's always a chance, but I think we'll need a couple of big merchants for that.
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SheepOnDrugs
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February 03, 2014, 02:01:41 PM |
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I hate stagnating prices, feels like they'll crash anytime. D:
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hilariousandco
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February 03, 2014, 02:12:05 PM |
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I hate stagnating prices, feels like they'll crash anytime. D:
Why? without any news they'll probably stay steady, but then it could go either way.
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SheepOnDrugs
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February 03, 2014, 02:14:49 PM |
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Seems to quiet for me, I'd rather have it rising or falling.
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miketonic
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February 03, 2014, 02:15:28 PM |
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Of late BTC prices seem to have just been stuck ... why is it not moving up or down like earlier ?
Isn't a steady price what we want? A wildly fluctuating price is counter-productive to BTC as a currency. However, I'm sure the price will change on the back of some good/bad news. Patience is all that's needed here. Well yea we want some stability but not for sooo long .. im sure everybody remembers the daily fluctuations we used to have ... now it just feels like ages have past (relatively in the crypto world) without much of a movement in prices. Why do we not want stability? If you want to use it as a currency then this is great. Exactly. If we want more people to start using bitcoin as a mean of exchange instead of just speculative investment the value has to be somewhat stable. Of course when more people start using it it should push the price up, which makes this a little paradoxical situation. I'd like to see a steady rise in the value driven by more people and companies _using_ bitcoin. That way the rise would have some kind of foundation.
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hilariousandco
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February 03, 2014, 02:19:19 PM |
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Seems to quiet for me, I'd rather have it rising or falling.
So you'd rather lose money than it remain stable and quiet? Of late BTC prices seem to have just been stuck ... why is it not moving up or down like earlier ?
Isn't a steady price what we want? A wildly fluctuating price is counter-productive to BTC as a currency. However, I'm sure the price will change on the back of some good/bad news. Patience is all that's needed here. Well yea we want some stability but not for sooo long .. im sure everybody remembers the daily fluctuations we used to have ... now it just feels like ages have past (relatively in the crypto world) without much of a movement in prices. Why do we not want stability? If you want to use it as a currency then this is great. Exactly. If we want more people to start using bitcoin as a mean of exchange instead of just speculative investment the value has to be somewhat stable. Of course when more people start using it it should push the price up, which makes this a little paradoxical situation. I'd like to see a steady rise in the value driven by more people and companies _using_ bitcoin. That way the rise would have some kind of foundation. Maybe paradoxical, but a slow and steady growth would be better as opposed to wild fluctuations. This is the thing that scares off merchants.
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