Stability (Split from Bitcoinica's announcement thread)

[muyuu]

By the way, isn't BTC remarkably stable lately? I thought it was going to be doom and gloom without Bitcoinica.Volume is decent too.

[S3052]

By the way, isn't BTC remarkably stable lately? I thought it was going to be doom and gloom without Bitcoinica.Volume is decent too.

you are right that there is good internal bitcoin market strength.

But stability will soon be gone...

[teek]

But stability will soon be gone...

what makes you say that?

[Raoul Duke]

But stability will soon be gone...

what makes you say that?

The wish to have more paying subscribers to his newsletter.

[imsaguy]

But stability will soon be gone...

what makes you say that?

The wish to have more paying subscribers to his newsletter.

Something's going to happen... coming soon!

[muyuu]

But stability will soon be gone...

what makes you say that?

The wish to have more paying subscribers to his newsletter.

Something's going to happen... coming soon!

[S3052]

But stability will soon be gone...

what makes you say that?

To the first question: I like blue a lot.
To the second question: We are at historical low volatility which always leads to an explosion (and I also said this can take long, but its not a question of IF only WHEN). I do not say that to get more subscribers, I have a lot of them already. The reason why I am writing it is that I want to make people aware of the risk / opportunity even if they do not pay, because I feel there are a lot of people into bitcoins who are not experienced in trading and who may make big mistakes just because of some wild posts.

[Clipse]

Not just that, you need retards on a market to make profit for the "clever" speculators.

No one can profit if everyone knew the secrets of the universe.

<--- offtopic I guess.

[naima53]

But stability will soon be gone...

what makes you say that?

The wish to have more paying subscribers to his newsletter.

Something's going to happen... coming soon!

something like this ?  http://www.youtube.com/watch?v=XaI0n521C7E#t=0m45ssorry sorry another topic, I put tongue into the anus ..

[JusticeForYou]

I also said this can take long, but its not a question of IF only WHEN

I like your technical analysis. But, couldn't this be said about anything?  It's not IF the world will end, it's WHEN.

[bulanula]

I think the price will rise to $7 pretty soonish because of somebody buying 18k BTC up.

[Clipse]

By the way, isn't BTC remarkably stable lately? I thought it was going to be doom and gloom without Bitcoinica.Volume is decent too.

You have got to be kidding. Volume is in the Crapper.

Or all the useless trades were removed due to the removal of bitcoinica trading thus lower volume but more stable uptrends.

Im not into volatility trading atm since I am relatively going long so volatility means nothing to me.

[muyuu]

By the way, isn't BTC remarkably stable lately? I thought it was going to be doom and gloom without Bitcoinica.Volume is decent too.

You have got to be kidding. Volume is in the Crapper.

Outside MtGox I'd say volume is even higher now than last month.

Which is great.

[organofcorti]

sorry sorry another topic, I put tongue into the anus ..

Another Naima53 saying of which I have been previously unaware, and without which I find I cannot now live. Thank you again, my fine Russian friend  

[sunnankar]

you are right that there is good internal bitcoin market strength.

But stability will soon be gone...

There is not going to be a return of volatility like there was a year ago.

There is too much capital in the BitCoin economy now to allow for volatility like a year ago, it is beginning to function like a real currency, the arbitrage bots have helped stabilize price discovery and there are plenty of other places for speculators to go instead of the price of coins.

That said, for a currency it is pretty volatile with 1-3% movement in a 24 hour period being fairly common.

[proudhon]

you are right that there is good internal bitcoin market strength.

But stability will soon be gone...

There is not going to be a return of volatility like there was a year ago.

There is too much capital in the BitCoin economy now to allow for volatility like a year ago, it is beginning to function like a real currency, the arbitrage bots have helped stabilize price discovery and there are plenty of other places for speculators to go instead of the price of coins.

That said, for a currency it is pretty volatile with 1-3% movement in a 24 hour period being fairly common.

I agree.  I think if the price is going to go up, it's going to be slow and over a period of many, many years.

[muyuu]

you are right that there is good internal bitcoin market strength.

But stability will soon be gone...

There is not going to be a return of volatility like there was a year ago.

There is too much capital in the BitCoin economy now to allow for volatility like a year ago, it is beginning to function like a real currency, the arbitrage bots have helped stabilize price discovery and there are plenty of other places for speculators to go instead of the price of coins.

That said, for a currency it is pretty volatile with 1-3% movement in a 24 hour period being fairly common.

I agree.  I think if the price is going to go up, it's going to be slow and over a period of many, many years.

I think we still need to pass the test of the first halving in coin production.

Hard to predict the psychological effect of that, and the real effect of having less coins entering the economy.

[bulanula]

you are right that there is good internal bitcoin market strength.

But stability will soon be gone...

There is not going to be a return of volatility like there was a year ago.

There is too much capital in the BitCoin economy now to allow for volatility like a year ago, it is beginning to function like a real currency, the arbitrage bots have helped stabilize price discovery and there are plenty of other places for speculators to go instead of the price of coins.

That said, for a currency it is pretty volatile with 1-3% movement in a 24 hour period being fairly common.

I agree.  I think if the price is going to go up, it's going to be slow and over a period of many, many years.

I think we still need to pass the test of the first halving in coin production.

Hard to predict the psychological effect of that, and the real effect of having less coins entering the economy.

Indeed. Can't wait to cash out Dec 2012 !

[Clipse]

you are right that there is good internal bitcoin market strength.

But stability will soon be gone...

There is not going to be a return of volatility like there was a year ago.

There is too much capital in the BitCoin economy now to allow for volatility like a year ago, it is beginning to function like a real currency, the arbitrage bots have helped stabilize price discovery and there are plenty of other places for speculators to go instead of the price of coins.

That said, for a currency it is pretty volatile with 1-3% movement in a 24 hour period being fairly common.

I agree.  I think if the price is going to go up, it's going to be slow and over a period of many, many years.

I think we still need to pass the test of the first halving in coin production.

Hard to predict the psychological effect of that, and the real effect of having less coins entering the economy.

Indeed. Can't wait to cash out Dec 2012 !

Say what? If you think its going to increase BTC value by halving coins, why the hell would you cashout just when it gets more profitable? lol

That is the time you should buy more before and hold/sell after.

[notme]

I also said this can take long, but its not a question of IF only WHEN

I like your technical analysis. But, couldn't this be said about anything?  It's not IF the world will end, it's WHEN.

No, it can't be said about anything.  For example:  It's not IF BTC_Bear will take it up the ass, it's WHEN.  Or:  It's not IF everyone will burst into flames, it's WHEN.  Not everything is inevitable.