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Topic: what is killing bitcoin by drastically deflating it? - page 3. (Read 3397 times)

newbie
Activity: 28
Merit: 0
I'm not at all happy with the wild fluctuation either. The best solution may be to design trading algorithms that are designed to buy and/or short-sell during dramatic price swings. I hope to develop the technical expertise to do that over the next couple of years.
legendary
Activity: 1078
Merit: 1003
Many bitcoin holders may feel like its a good thing that bitcoin -> $ value doubled within past few weeks,
but thats terrible news for people who sell stuff and would like to accept bitcoin...

It's a newborn for starters, and because there's a fixed supply and a forever increasing pool of adopters, the value is set to rise until everyone knows what Bitcoin is and has decided they want it or don't want it.
newbie
Activity: 29
Merit: 12
Many bitcoin holders may feel like its a good thing that bitcoin -> $ value doubled within past few weeks,
but thats terrible news for people who sell stuff and would like to accept bitcoin...
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