We should be looking to measure its worth in trade value in the future, not against another currency.
I'd be more interested to know how much in bitcoins people think we will be paying for a loaf of bread, wedge of cheese or pint of milk in the future.
Topic: Final Price of bitcoin to stabilize at? - page 3. (Read 5054 times)
I don't think the exchange price of Bitcoin (versus USD) will ever stabilize.
This is because the BTC is guarded against inflation, while the USD is not so. So the BTC will gain on exchange with the USD, as time progresses.
This is because the BTC is guarded against inflation, while the USD is not so. So the BTC will gain on exchange with the USD, as time progresses.
well yeah, but it could be much more stable than it currently is.. like gold, which i believe has been in the range of $1100-1600 over the past 3-4 years.
I don't think the exchange price of Bitcoin (versus USD) will ever stabilize.
This is because the BTC is guarded against inflation, while the USD is not so. So the BTC will gain on exchange with the USD, as time progresses.
This is because the BTC is guarded against inflation, while the USD is not so. So the BTC will gain on exchange with the USD, as time progresses.
All options are approximate obviously !
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