proudhon
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Activity: 2198
Merit: 1311
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June 01, 2012, 08:40:10 PM |
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it could happen again..
It could. But I think the odds are against it. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
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Gabi
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Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
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June 01, 2012, 08:41:43 PM |
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Isn't stability what we want for Bitcoin?
Now it's pretty easy to price things in BTC and the price won't change before a sale is completed.
It seems that's pretty good for merchants.
No, we don't want this stability. Stability=bitcoin economy is not growing So this is the ending game of bitcoin? No more expansion?  |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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June 01, 2012, 08:41:52 PM |
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Not bored. Watching the slow rally   only few weeks away now  it could happen again..
its not like anyone has a choice, the market will do what it must to keep up with demand, it will happened again, and again... |
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BTCurious
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June 01, 2012, 10:41:05 PM |
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Isn't stability what we want for Bitcoin?
Now it's pretty easy to price things in BTC and the price won't change before a sale is completed.
It seems that's pretty good for merchants.
No, we don't want this stability. Stability=bitcoin economy is not growing Not true. Stability at $5 = bitcoin economy growing by $250 every 10 minutes. |
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anu
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Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
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June 02, 2012, 05:22:09 AM |
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Isn't stability what we want for Bitcoin?
Now it's pretty easy to price things in BTC and the price won't change before a sale is completed.
It seems that's pretty good for merchants.
No, we don't want this stability. Stability=bitcoin economy is not growing Not true. Stability at $5 = bitcoin economy growing by $250 every 10 minutes. I had the impression that the price went up 4% in the last few days. |
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BTCurious
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June 02, 2012, 09:38:28 AM |
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Isn't stability what we want for Bitcoin?
Now it's pretty easy to price things in BTC and the price won't change before a sale is completed.
It seems that's pretty good for merchants.
No, we don't want this stability. Stability=bitcoin economy is not growing Not true. Stability at $5 = bitcoin economy growing by $250 every 10 minutes. I had the impression that the price went up 4% in the last few days. Hypothetical stability |
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mr chong
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Activity: 78
Merit: 10
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June 02, 2012, 12:17:15 PM |
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Isn't stability what we want for Bitcoin?
Now it's pretty easy to price things in BTC and the price won't change before a sale is completed.
It seems that's pretty good for merchants.
No, we don't want this stability. Stability=bitcoin economy is not growing Not true. Stability at $5 = bitcoin economy growing by $250 every 10 minutes. Hypothetical stability Its called Bitcoin stability, anything less then a 10% swing in 24 hours is considered stability. |
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cypherdoc
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Activity: 1764
Merit: 1002
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June 02, 2012, 08:17:13 PM |
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And I see Gox's command of the market has eroded slightly...
how so? At one time they had a market share of over 80%. It is currently 67%. It is currently 65% It is currently 61% is that all currencies combined or just USD's? link? |
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damnek
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June 02, 2012, 08:22:07 PM |
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Gabi
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Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
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June 02, 2012, 09:10:33 PM |
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Isn't stability what we want for Bitcoin?
Now it's pretty easy to price things in BTC and the price won't change before a sale is completed.
It seems that's pretty good for merchants.
No, we don't want this stability. Stability=bitcoin economy is not growing Not true. Stability at $5 = bitcoin economy growing by $250 every 10 minutes. Yeah well, with 250$ every minute we won't accomplish a lot |
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cytokine
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Activity: 224
Merit: 100
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June 02, 2012, 10:24:57 PM |
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i'm not sure why you'd be bored. what i see is a slowly rising price into the teeth of a skyrocketing USD while everything else is getting sold off. what's not to like about that?
+1 I've been telling people this around the forums, but nobody can see it for some reason. It's the invisible bull run in the USD. The fact that BTC is holding its own truly speaks to the fact that it's a budding market, not a bloated overbought market like most others. |
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BTCurious
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June 03, 2012, 12:13:17 AM |
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Isn't stability what we want for Bitcoin?
Now it's pretty easy to price things in BTC and the price won't change before a sale is completed.
It seems that's pretty good for merchants.
No, we don't want this stability. Stability=bitcoin economy is not growing Not true. Stability at $5 = bitcoin economy growing by $250 every 10 minutes. Yeah well, with 250$ every minute we won't accomplish a lot It got us to 45 million so far. |
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molecular
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Activity: 2772
Merit: 1019
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June 03, 2012, 07:27:53 PM |
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PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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molecular
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Activity: 2772
Merit: 1019
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June 03, 2012, 07:30:11 PM |
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i'm not sure why you'd be bored. what i see is a slowly rising price into the teeth of a skyrocketing USD while everything else is getting sold off. what's not to like about that?
+1 I've been telling people this around the forums, but nobody can see it for some reason. It's the invisible bull run in the USD. The fact that BTC is holding its own truly speaks to the fact that it's a budding market, not a bloated overbought market like most others. oh no, but people have been pointing out the rally in BTCGBP, for example. I'm looking forward to "QE3". People will think bitcoin is having a rally, while it's actually the USD falling. Hehe. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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proudhon
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Activity: 2198
Merit: 1311
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June 04, 2012, 01:23:03 AM |
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Kupsi
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Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
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August 29, 2012, 09:52:20 PM |
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Now I'm bored.  Give us some action!!! |
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