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Topic: [2014-08-06] Telegraph - Bitcoin 'price crash' good for the cryptocurrency? (Read 744 times)

legendary
Activity: 1582
Merit: 1064
ha ha....
The article should have been titled "Bitcoin price stability....."
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
legendary
Activity: 1582
Merit: 1064
Could the so-called Bitcoin 'price crash' be good for the cryptocurrency?

http://blogs.telegraph.co.uk/technology/willardfoxton2/100014074/could-the-so-called-bitcoin-price-crash-be-good-for-the-cryptocurrency/

This sort of stability is what Bitcoin needs to function as a currency; if the money I use to buy a pizza today could have bought a motorbike tomorrow, I don't dare use it to buy stuff, but if it's reliably roughly the same for a few months, I might start using it as an ordinary currency.
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