Quote from: CryptoBjorn on July 11, 2016, 12:45:57 PM

Quote from: randy8777 on July 11, 2016, 12:19:55 PM

Quote from: guoyu78 on July 11, 2016, 11:58:01 AM

The price of bitcoin is now stable and I think we have to love its stability as with that more people will invest their money in it and no one will fear for the volatility of its value.

if the price stays in this range for a few weeks, then we can say the price has been relatively stable. but at this point it's too early.

We need more then 1 week to even consider the price to be stable. So it's way to early to assume this. I expect some more volatility the coming weeks.
After that a period of stability would be nice to see. But it's bitcoin you never now it for sure.

with stocks and gold, then yes, of course it's too early, but a few weeks a relatively stable price is a big achievement for bitcoin. just look at how many people will get bored and start moaning about the price not moving much.