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del
January 14, 2012, 11:03:29 AM
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del
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January 14, 2012, 11:04:44 AM
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6.5(give take .1) can be considered a stable price ?

For small values of stable.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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January 14, 2012, 11:20:56 AM
 #3

6.5(give take .1) can be considered a stable price ?

For small values of stable.

That lol. Grin

Seriously, is that a single person paying for the volatility? Looks like 50k of unlimited/panic buying in a situation where there was a downtrend, isn't that hellishly expensive?

Spiking above 6.7 instead of slowly filling around 6.2 is 0.5 USD per BTC premium... why the heck? Extreme impatience? For every 10k BTC, that is 5k USD just wasted!
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January 14, 2012, 11:27:21 AM
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Yeah. Stable. Very stable. Like this:


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January 14, 2012, 11:48:38 AM
 #5

6.5(give take .1) can be considered a stable price ?

For small values of stable.

That lol. Grin

Seriously, is that a single person paying for the volatility? Looks like 50k of unlimited/panic buying in a situation where there was a downtrend, isn't that hellishly expensive?

Spiking above 6.7 instead of slowly filling around 6.2 is 0.5 USD per BTC premium... why the heck? Extreme impatience? For every 10k BTC, that is 5k USD just wasted!
Not if that's the last time you can get a Bitcoin for $6.7. Maybe one of these days Bitcoin may cross such a price, never to return that cheap again. Alternately, look back five months, you might say "why are people selling big and dropping the price down to $14 when it's been steady at $17 for over a week?"

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