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del
January 09, 2012, 12:56:38 PM
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del
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ArsenShnurkov
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January 09, 2012, 01:00:05 PM
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so you ppl like round numbers like 6.50 for a stable price ?

whey like 6 (10 people) and 4 (4 people)

I asked before

But answers was lost, when i tried to reopen it
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January 09, 2012, 01:01:37 PM
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Nesetalis
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January 09, 2012, 01:09:22 PM
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+1
agreed.

ZOMG Moo!
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January 09, 2012, 01:11:02 PM
 #5

85% of ppl lie on polls

In russia there are 146% ppl lie on elections.

My estimation of eqilibrium price = (7+2)/2 = 4.5



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January 09, 2012, 01:13:49 PM
 #6

Yes it's been a whole five minutes, I'm sure everything will be fine now!  Don't Buy!

1Kz25jm6pjNTaz8bFezEYUeBYfEtpjuKRG | PGP: B5797C4F

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January 09, 2012, 01:16:20 PM
 #7

so you ppl like round numbers like 6.50 for a stable price ?

whey like 6 and 4

I asked before

But answers was lost, when i tried to reopen it

85% of ppl lie on polls

73.6% of all statistics are made up on the spot. Cheesy
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January 09, 2012, 01:17:49 PM
 #8

so you ppl like round numbers like 6.50 for a stable price ?

whey like 6 and 4

I asked before

But answers was lost, when i tried to reopen it

85% of ppl lie on polls

73.6% of all statistics are made up on the spot. Cheesy

There are only 10 kinds of people in the world, those who can count in binary and those who can't :-)
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January 09, 2012, 06:34:31 PM
 #9

Bitcoin is too simplistic of a system to have a "stable" price.  There's no, for example, physical mining costs and industrial usage level and technology-usage dependency and shipping costs, all of which relate to gold and affect gold prices.  There's just how many people want it compared to how many people want to sell it compared to how many are being produced (the last of which is pretty static).  So as soon as:

# of BTC wanted + # of BTC being mined = # of BTC being sold, there will be no stable price.

And it's extra dynamic because people don't really care how much it costs. Basically not a single product or service anywhere in the world costs a static amount of BTC.  If $10 buys 1 BTC or $5 US buys 1 BTC, you're still going to use it to buy $10 or $5 US worth of products or services for that BTC.  It could be $100 for 1 BTC and you're going to get $100 worth of products or services for that 1 BTC so the value doesn't matter.  As long as the price doesn't change, the price is irrelevant.

It'd certainly be nice if someone said here's some service, it costs 5 BTC regardless of USD value, and that's that but nobody's going to do that on a large scale anytime soon.  Talk about an unpredictable accounting/budgeting nightmare!
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January 09, 2012, 10:25:46 PM
 #10

what would be classic is if we get a false descending triangle signal at 6.0 like we got at 7.2 with the false ascending triangle signal.
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January 09, 2012, 10:39:14 PM
 #11

if we get a false descending triangle signal at 6.0

We are doomed, It is corridor...
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