Quote from: Bizmark13 on June 01, 2015, 03:07:41 AM

People said that the price wasn't moving back when the BTC price was $600 or so in June last year and were proven wrong after the price suddenly tumbled a few months later. Then people said that the price wasn't moving when it was at $450 for a couple of months as well before it tumbled again.

Example:

Quote from: boymilk on May 23, 2014, 08:41:36 AM

One of the distinguishing characteristics of Bitcoin is that it is extremely volatile. This has always been the case until the past few weeks when the price seems to have stabilized in the 400-600 USD region. Of course such a wide range would still be considered extremely volatile if Bitcoin was compared to fiat currencies but do you think that Bitcoin is in the beginning stages of finally converging onto a stable price? Or do you think that there will be more bubbles and crashes in the future?

Link: http://bitcointalk.org/index.php?topic=621909

Then it was in the $300's in late last year and the same thing happened... And now it's been hovering in the $200's range... Sad

I think 2012 was the best year for Bitcoin. The big crash of 2011 from $33 to $3 drove all the speculators away which resulted in the price increasing in a gradual way from $5 to $13 as opposed to a series of spikes and crashes. Development was still very active, services were being developed, and new people were still entering the BTC community. I used to think that 2013 was the best year for Bitcoin because the price exploded so much in that year but in retrospect, for such a huge price increase to happen so early on in its development was far too premature and I would have preferred a gradual price increase like the one we saw in 2012 instead.

An earlier post of mine that's kinda related:

Quote from: Bizmark13 on January 12, 2015, 03:15:49 PM

I blame the bubbles. What would have worked well is for Bitcoin to have gradually gained interest and mainstream adoption. Then the price would reflect this growing demand and the market cap would increase at a steadily rate that would have made the inflation irrelevant. Look at what happened in 2012 as an example. Bitcoin slowly appreciated in price in a sensible manner. Instead what we got were a series of bubbles, bear markets, and butthurt "investors". Bitcoin isn't the problem. We are.

Link: http://bitcointalk.org/index.php?topic=921887.msg10125646#msg10125646

There has never been a stability as long as the 200 besides the 5 USD one. From now on is smooth sailing on the 200 territory for a long time before the next floor is established after an huge pump. Of course, we'll have dips along the way, for example, people panicking about blocksize and whatnot. Meanwhile mainstream media has no idea what blocksize is, it will get solved and no one but the Bitcoin geeks will know what the blocksize problem ever was.