Author

Topic: Stability!!! (Read 1516 times)

hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
July 20, 2012, 11:47:21 AM
#14
On one hand, stable value enables actual use of btc - trading goods&services, international transfers, and such. On the other hand, current usd worth of btc supply is ridiculously low - can't even trade a couple of high-value yachts and houses. So, if wide adoption is ever to happen, the exchange rate will have to soar. It doesn't matter which of the two causes the other, or if both are driven by a third factor. Stable price at current levels is not compatible with wider adoption of btc.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
July 19, 2012, 09:12:22 PM
#13
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
July 19, 2012, 08:56:34 PM
#12
Yup nice and stable today.

Yes I concur  Cheesy
hero member
Activity: 630
Merit: 500
July 19, 2012, 08:47:34 PM
#11
Yup nice and stable today.
legendary
Activity: 1904
Merit: 1002
July 19, 2012, 08:46:40 PM
#10
Stable.
donator
Activity: 853
Merit: 1000
July 19, 2012, 07:41:19 PM
#9
I was happy when it stayed at $5 for many months... those were productive months.
They really were, at least for me, thanks to you. Smiley
Smiley
sr. member
Activity: 457
Merit: 250
Look for the bear necessities!!
July 19, 2012, 01:08:01 PM
#8
Stability and drops in prices makes me money.
hero member
Activity: 602
Merit: 508
Firstbits: 1waspoza
July 19, 2012, 01:05:42 PM
#7
legendary
Activity: 1204
Merit: 1015
July 19, 2012, 01:04:25 PM
#6
I was happy when it stayed at $5 for many months... those were productive months.
They really were, at least for me, thanks to you. Smiley
donator
Activity: 853
Merit: 1000
July 19, 2012, 01:00:55 PM
#5
I was happy when it stayed at $5 for many months... those were productive months.
legendary
Activity: 1246
Merit: 1010
July 19, 2012, 12:58:28 PM
#4
I mean the last 24h of course... you're right its been pretty crazy.  So put your feet up and relax right here for a bit...
sr. member
Activity: 379
Merit: 250
July 19, 2012, 12:58:18 PM
#3
It's a pit stop
legendary
Activity: 2058
Merit: 1452
July 19, 2012, 12:54:50 PM
#2
considering it was $6 a few weeks ago, i wouldn't exactly say "stable"
legendary
Activity: 1246
Merit: 1010
July 19, 2012, 12:51:15 PM
#1
There's 2 rally threads full of rocket ships & a crash thread with... well... crashes.  This thread is about stability and how that's a good thing.




....ahhh, peaceful...
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