Author

Topic: How to stabilize the Bitcoin price. (Read 1202 times)

legendary
Activity: 4466
Merit: 3090
Vile Vixen and Miss Bitcointalk 2021-2023
August 26, 2012, 02:32:51 AM
#6
Pretty genius if you ask me. We should also buy bitcoins in units of 0.1 USD. What's a dime these days anyway? Helps with perception.
Yup. Perception is everything. That's how I became a multi-millionaire overnight by accounting in cents instead of dollars. Genius, right? But now it seems like everything costs 100 times as much as it used to. Being a millionaire isn't quite what I was hoping for. Sad
legendary
Activity: 1722
Merit: 1004
August 25, 2012, 07:25:32 PM
#5
Instead of selling Bitcoins by the Bitcoin, sell them in units of .1 BTC or .01 BTC.

The gains or declines in price will be diluted by the division, making it appear more stable. The market will adjust to the small denominations and speculate in smaller more accurate units. It may improve market perception.


This is a joke, right?
legendary
Activity: 1400
Merit: 1013
August 25, 2012, 07:12:59 PM
#4
If you want the price to be less volatile do your part to increase the fraction of bitcoin transactions that are used for commerce instead of speculation.
donator
Activity: 21
Merit: 0
August 25, 2012, 07:08:02 PM
#3
Pretty genius if you ask me. We should also buy bitcoins in units of 0.1 USD. What's a dime these days anyway? Helps with perception.
donator
Activity: 1218
Merit: 1079
Gerald Davis
August 25, 2012, 06:56:13 PM
#2
You don't really believe that do you?
newbie
Activity: 28
Merit: 0
August 25, 2012, 06:21:52 PM
#1
Instead of selling Bitcoins by the Bitcoin, sell them in units of .1 BTC or .01 BTC.

The gains or declines in price will be diluted by the division, making it appear more stable. The market will adjust to the small denominations and speculate in smaller more accurate units. It may improve market perception.
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