precrime3 (OP)
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April 16, 2014, 04:28:42 PM |
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More supply? More users? More adoptes? Just speculation, wanna hear what you guys think!
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envy2010
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April 16, 2014, 04:30:24 PM |
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More spellcheck, most likely.
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gentlemand
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Welt Am Draht
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April 16, 2014, 04:31:46 PM |
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10-25 years. If ever.
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XxionxX
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Digital money you say?
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April 16, 2014, 04:38:49 PM |
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Seems pretty stable to me, I remember when it used to swing $20 intraday and the price was only $40. You would have to make it swing $250 for it to even get close now. I know what you meant OP but I'm just saying that volatility is relative and it doesn't really seem to be a problem for some. I personally don't mind at all, I have just had to learn how to deal with it.
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FAP Turbo 2.0, the FOREX trading robot which also trades bitcoin! I had to link it because I love the name. Seriously, that is the real name.
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precrime3 (OP)
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April 16, 2014, 04:39:42 PM |
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Seems pretty stable to me, I remember when it used to swing $20 intraday and the price was only $40. You would have to make it swing $250 for it to even get close now. I know what you meant OP but I'm just saying that volatility is relative and it doesn't really seem to be a problem for some. I personally don't mind at all, I have just had to learn how to deal with it.
Yeah for us miners its normal, but how bout for the every day average joe? |
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lynn_402
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April 16, 2014, 04:52:24 PM |
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More supply? More users? More adoptes? Just speculation, wanna hear what you guys think!
All of this, and most importantly, time. Time will bring confidence in Bitcoin's value, thus less crash, less volatility, and more traders. The more traders there are in a confident market, the more the price is stable, because the market won't be shaken by a few strong hands. I expect that the price stability will get closer to that of gold, when a Bitcoin will be worth somewhere between 10000 and 100000$. |
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hellscabane
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April 17, 2014, 01:21:55 AM |
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A larger and more connected user base, at least to stabilize it in terms of a currency.
In terms of a speculative tool, as it is right now, regulation. Of course, that's always a treacherous word to mention around these parts.
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byt411
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April 17, 2014, 01:23:37 AM |
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I say only when all the BTC is mined, because otherwise, inflation would simply continue.
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precrime3 (OP)
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April 17, 2014, 01:29:12 AM |
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I say only when all the BTC is mined, because otherwise, inflation would simply continue.
There is no inflation, only an increasing supply, those are two different things. It be inflation if they could kept on being mined, but they can't. Once that 21 millionth coin is mined, thats it. Doesn't factor in ones lost or stolen. |
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BittBurger
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April 17, 2014, 01:38:09 AM |
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What will it take to tame the volatility and stabalize BTC prices a bit? Deleting this subforum, and administering arsenic to everyone who posts here (except me). -B- |
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aminorex
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Sine secretum non libertas
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April 17, 2014, 03:28:46 AM |
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BTCUSD exchange rates fluctuate as a result of trades. The more liquid BTC is, the less the price moves. The higher the value of BTC is relative to the amount of USD being traded, the less it moves. When BTC is trading for 1e6 USD, volatility will be miniscule.
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Give a man a fish and he eats for a day. Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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Siegfried
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April 17, 2014, 03:45:00 AM |
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How about some derivatives?
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freedomno1
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Learning the troll avoidance button :)
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April 17, 2014, 03:48:34 AM |
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Probably escrow mechanisms and second layer systems
Some of the stuff that is in concept right now with contracts sidechains etc.
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Believing in Bitcoins and it's ability to change the world
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master-P
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April 17, 2014, 03:53:03 AM |
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A greater market cap and widespread adoption with a more even distribution of coins.
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piramida
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Borsche
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April 17, 2014, 02:05:54 PM |
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the price *is* stabilizing. this last run up to 1200 and retrace was three times less volatile than the one in 2010 and two times less volatile than the one in spring 2013. so in four more years, volatility would be several times lower, while prices would be an order of magnitude higher. it's all good.
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i am satoshi
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hellscabane
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April 17, 2014, 03:09:35 PM |
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the price *is* stabilizing. this last run up to 1200 and retrace was three times less volatile than the one in 2010 and two times less volatile than the one in spring 2013. so in four more years, volatility would be several times lower, while prices would be an order of magnitude higher. it's all good.
This is very much true. In general, the variance of prices have gone down quite a bit when compared to other past run-ups. |
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