Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
lucas.sev
on 11/12/2013, 09:40:40 UTC
Look like the correction is coming guys.... Well we're all about long term right? Its healthy to be this way. I personally hate volatility so i dont like the world media keeps talking about "bubble"

We should go up slow and steady not 15% in a day.

There is volatility because the price is almost exclusively speculation. That's a feature, not a bug. The speculation feeds capital indirectly into Bitcoin infrastructure.


You are not allowed to say that on this forum, people are going to talk about booming bitcoin economy and quote bitpay figures (caused by ASIC's)  Grin