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Author Topic: We finally did it! The price is stable!!!  (Read 14410 times)
evoorhees
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March 13, 2012, 06:00:42 PM
 #61

Price Stability is a myth.  it will never happen.  as long as the Fed has its fingers on the printing press this is what we get = Volatility.

Price stability is not a myth, it's an inevitability. Of course, the price could be "stable" and slowly rising over time as dollars are printed. But large, double digit percentage moves in a week (or a day!) are a temporary affliction of a small and new market.

All prices achieve relative stability in the long run. The question is, "how long" and "at what price stable?"

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March 13, 2012, 06:01:39 PM
 #62

It looks like the price is stable again.  Phew.
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March 13, 2012, 06:02:03 PM
 #63

It looks like the price is stable again.  Phew.
Phew. Smiley

"Bitcoin had been transformed from an anarachistic challenge to the financial status quo, to the crypto spawn of Satan, fuelled by cut-throat greed and delusions of avarice." - MatTheCat
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March 13, 2012, 06:52:07 PM
 #64

It looks like the price is stable again.  Phew.
Phew. Smiley

slowly but surely.
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March 13, 2012, 07:01:23 PM
 #65

quick quick sell sell

so it appears stable again

account resurrected
the lurking ends
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March 13, 2012, 07:05:11 PM
 #66

Price Stability is a myth.  it will never happen.  as long as the Fed has its fingers on the printing press this is what we get = Volatility.

Bitcoin can still buy the same amount of petrol; dollars can't buy the same amount of Bitcoin.

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March 16, 2012, 10:05:19 AM
 #67

Look Ma, the price is stable again! Cheesy

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March 16, 2012, 11:37:13 AM
 #68

Look Ma, the price is stable again! Cheesy

We did it!  Again!

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March 16, 2012, 11:46:07 AM
 #69

Look Ma, the price is stable again! Cheesy

We did it!  Again!


Let's celebrate!

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March 16, 2012, 01:15:33 PM
 #70

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March 16, 2012, 07:48:05 PM
 #71

HAhahaha I just love the trolling in this thread  Grin I wish you guys would get the chance to troll The Bernank sometime, that would be one hell of a ze price stebeeleete show.

My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)

If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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March 16, 2012, 08:11:34 PM
 #72


1Kz25jm6pjNTaz8bFezEYUeBYfEtpjuKRG | PGP: B5797C4F

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March 16, 2012, 09:47:25 PM
 #73



I lol'd.
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March 17, 2012, 12:13:08 AM
 #74


Resistance to $5.50 is futile!

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April 01, 2012, 12:10:09 AM
 #75

resistance is futile!
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April 01, 2012, 08:40:06 AM
 #76

resistance is futile!

+1
one of the best

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April 17, 2012, 02:50:27 PM
 #77



As far as I can tell, we've been in a narrower price range for longer than any other time period since trading began.  So, yeah, congrats everyone.  I was right.  We finally did it!  Stability!!!

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April 17, 2012, 03:34:11 PM
 #78

Price Stability is a myth.  it will never happen.  as long as the Fed has its fingers on the printing press this is what we get = Volatility.

Why would printing lead to volatity.  Isn't volatility the unexpected.  If you know with absolute certainty the fed will keep printing you (and other traders, models, and bots) will anticipate that and build it into expectations.

Now if the FED stopped printing .... well I will just stop right there that would be like saying if the earth stopped turning.

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April 17, 2012, 03:44:02 PM
 #79

Price Stability is a myth.  it will never happen.  as long as the Fed has its fingers on the printing press this is what we get = Volatility.

Why would printing lead to volatity.  Isn't volatility the unexpected.  If you know with absolute certainty the fed will keep printing you (and other traders, models, and bots) will anticipate that and build it into expectations.

Now if the FED stopped printing .... well I will just stop right there that would be like saying if the earth stopped turning.



Actually, what would happen if they did stop? Hyperinflation isn't something funny last time I checked my history on the Weimar Republic. A loaf of bread for $10 million this morning, and in the late afternoon it'll cost twice as much. Ouch. Esp. if you never owned 1 million. Is the FED stupid?

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April 17, 2012, 04:02:29 PM
 #80

OMG bitcoin is stable forever, lets celebrate!

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