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Author Topic: Why are BTC prices not moving ?  (Read 9662 times)
SheepOnDrugs
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February 03, 2014, 02:24:47 PM
 #21

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? 

I'd rather have them low to buy them low.
But yeah, fluctuating prices makes me feel more comfortable at night than stagnating prices. It's just my paranoia, not rational reason behind it. :p
Sonny
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February 03, 2014, 02:29:11 PM
 #22

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.

Very much agree. We don't really want the price to go up/down 20% everyday.
yatsey87
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February 03, 2014, 02:39:24 PM
 #23

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? 

I'd rather have them low to buy them low.
But yeah, fluctuating prices makes me feel more comfortable at night than stagnating prices. It's just my paranoia, not rational reason behind it. :p

So you just want cheap coins? What if the value keep on getting lower or stabilises at a low point?
hilariousandco
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February 03, 2014, 02:41:31 PM
 #24

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? 

I'd rather have them low to buy them low.
But yeah, fluctuating prices makes me feel more comfortable at night than stagnating prices. It's just my paranoia, not rational reason behind it. :p

So you just want cheap coins? What if the value keep on getting lower or stabilises at a low point?

If you believe in the currency; buy in now. What happens if they never fall to a cheaper price or just continue rising?

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SheepOnDrugs
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February 03, 2014, 02:58:14 PM
 #25

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? 

I'd rather have them low to buy them low.
But yeah, fluctuating prices makes me feel more comfortable at night than stagnating prices. It's just my paranoia, not rational reason behind it. :p

So you just want cheap coins? What if the value keep on getting lower or stabilises at a low point?

Then I made a loss, sounds obvious, doesn't it?
yatsey87
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February 03, 2014, 03:05:38 PM
 #26

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? 

I'd rather have them low to buy them low.
But yeah, fluctuating prices makes me feel more comfortable at night than stagnating prices. It's just my paranoia, not rational reason behind it. :p

So you just want cheap coins? What if the value keep on getting lower or stabilises at a low point?

Then I made a loss, sounds obvious, doesn't it?

Then why state the obvious?
SheepOnDrugs
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February 03, 2014, 03:06:47 PM
 #27

That's how it works.
You asked me, I answered. Simple as that.
Bobsurplus
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February 03, 2014, 03:08:05 PM
 #28

This is the calm before the storm. The next storm coming, which I predict will arrive sometime in the next 4 weeks will bring the price of a single btc to over 5K.
yatsey87
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February 03, 2014, 03:21:21 PM
 #29

That's how it works.
You asked me, I answered. Simple as that.

I don't think you understand how rhetorical questions work.

This is the calm before the storm. The next storm coming, which I predict will arrive sometime in the next 4 weeks will bring the price of a single btc to over 5K.

I think you might be dreaming a bit too big there  Cheesy. If it did rise to 5k I'd expect a pretty big crash soon after.
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February 03, 2014, 03:34:07 PM
 #30

That's how it works.
You asked me, I answered. Simple as that.

I don't think you understand how rhetorical questions work.

This is the calm before the storm. The next storm coming, which I predict will arrive sometime in the next 4 weeks will bring the price of a single btc to over 5K.

I think you might be dreaming a bit too big there  Cheesy. If it did rise to 5k I'd expect a pretty big crash soon after.

After living in this btc world for 2 years now, I've come to realize that dreaming big is the only way to go with Bitcoin.
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February 03, 2014, 03:45:13 PM
 #31

Although it is not as exciting as seeing the price go straight up, slow sustainable growth is better for long term success of BTC
anth0ny
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February 03, 2014, 03:46:58 PM
 #32

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. 

Rising 100% every day would be better. Smiley
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February 03, 2014, 03:49:11 PM
 #33

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.

Exactly this.

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igorr
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February 03, 2014, 04:30:08 PM
 #34

I can not believe what I paid 1000 USD.   Roll Eyes
Just now, I understand, Bitcoin is fog.

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February 03, 2014, 05:13:28 PM
 #35



This is why. Prepare for CCMF in summer.

yatsey87
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February 03, 2014, 05:16:44 PM
 #36

I can not believe what I paid 1000 USD.   Roll Eyes
Just now, I understand, Bitcoin is fog.

Bitcoin is fog? It'll go above $1000 again, just be patient.
miketonic
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February 03, 2014, 05:24:04 PM
 #37


This is why. Prepare for CCMF in summer.
So according to this we could expect some dips and then a rally? I wouldn't still count on these kind of charts, if you look hard enought you could find all kind of patterns from the history.
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February 03, 2014, 05:30:37 PM
 #38


This is why. Prepare for CCMF in summer.
So according to this we could expect some dips and then a rally? I wouldn't still count on these kind of charts, if you look hard enought you could find all kind of patterns from the history.

Yeah, charts are useless for things like Bitcoin. There's no point trying to read them or find patterns.
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February 03, 2014, 06:38:56 PM
 #39

This zone of consolidation is inevitable after such a huge move upwards. It is an essential development if price is to continue rising, as this zone will become a new base from which future rises can be measured against.

If the adage 'everything that goes up must come down' is true then the exception would be 'everything that goes up, and consolidates, can happily continue on upwards'.
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February 03, 2014, 09:26:11 PM
 #40

Any chance to hit $5000 in the 2nd half of the year ?
This is the calm before the storm. The next storm coming, which I predict will arrive sometime in the next 4 weeks will bring the price of a single btc to over 5K.
I think an estimation above $3600 would be too optimistic for 2014.


This is why. Prepare for CCMF in summer.
So according to this we could expect some dips and then a rally? I wouldn't still count on these kind of charts, if you look hard enought you could find all kind of patterns from the history.

Yeah, charts are useless for things like Bitcoin. There's no point trying to read them or find patterns.
Oh, guess who's making %1 profit each day by finding patterns. Yeah, it's true, it's me. You should take that graph serious.

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