Trading the Bitcoin Market ***now stabilizing***

[dazzle]

Good news! The Bitcoin Market is now stabilizing!

I'd like to begin by asking how many of you have experienced trading in Bitcoins?

By Bitcoin Trading, I mean using any of the famous and renowned exchanges below:

btc-e
mtgox (now dead due to misuse of internal funds)
bitstamp
bitcoinwisdom
chaincrest.com (famous philippine-based bitcoin exchange)

The price of Bitcoin has now been consistent for 5 months now and Forbes.com says it will continue to stabilize as the adoption of Bitcoins comes to an end; more merchants will want to use Bitcoin in their stores due to its rising stability and decreasing volatility. And publicity as well. And plus, a tax-free business environment. Which only means they can adjust their prices with a discount if paid in Bitcoins. So that customers will opt to use Bitcoins more and more, creating more demand for that cryptocurrency.

Its all domino. Stability. By demand.

So, lets talk.

[dazzle]

January - 1st week of May has shown consistent prices of around 400-444 USD

Just last week, consistency of prices has gone up to 505 USD (average) and is still rising. Could this be another bubble? Who knows. But one thing is for sure.

Bitcoin is stabilizing!

[dazzle]

Here is a screenshot of the last 3 days active trading at bitcoinwisdom.com:

[dazzle]

Bitcoin just rose to 20% weekly earnings, according to a report from MarketWatch:

Bitcoin prices push above $500, set for 20% weekly gain - The Tell - MarketWatch