Bitcoin Forum

Economy => Speculation => Topic started by: thezerg on July 19, 2012, 05:51:15 PM



Title: Stability!!!
Post by: thezerg on July 19, 2012, 05:51:15 PM
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.

http://i1066.photobucket.com/albums/u408/gandrewstone/2011-10-10_07-35-53_587.jpg


....ahhh, peaceful...


Title: Re: Stability!!!
Post by: grue on July 19, 2012, 05:54:50 PM
considering it was $6 a few weeks ago, i wouldn't exactly say "stable"


Title: Re: Stability!!!
Post by: genuise on July 19, 2012, 05:58:18 PM
It's a pit stop


Title: Re: Stability!!!
Post by: thezerg on July 19, 2012, 05:58:28 PM
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...


Title: Re: Stability!!!
Post by: BrightAnarchist on July 19, 2012, 06:00:55 PM
I was happy when it stayed at $5 for many months... those were productive months.


Title: Re: Stability!!!
Post by: Maged on July 19, 2012, 06:04:25 PM
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. :)


Title: Re: Stability!!!
Post by: waspoza on July 19, 2012, 06:05:42 PM
We already have stability thread: https://bitcointalk.org/index.php?topic=68274.0


Title: Re: Stability!!!
Post by: Bjork on July 19, 2012, 06:08:01 PM
Stability and drops in prices makes me money.


Title: Re: Stability!!!
Post by: BrightAnarchist on July 20, 2012, 12:41:19 AM
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. :)
:)


Title: Re: Stability!!!
Post by: notme on July 20, 2012, 01:46:40 AM
Stable.


Title: Re: Stability!!!
Post by: phorensic on July 20, 2012, 01:47:34 AM
Yup nice and stable today.


Title: Re: Stability!!!
Post by: smoothie on July 20, 2012, 01:56:34 AM
Yup nice and stable today.

Yes I concur  :D


Title: Re: Stability!!!
Post by: adamstgBit on July 20, 2012, 02:12:22 AM
http://4.bp.blogspot.com/-vmyA_xT7rlU/T3cH4afg_KI/AAAAAAAAGjU/d4QF87vzVyw/s1600/blog-mendes-20120401-01.jpg


Title: Re: Stability!!!
Post by: niko on July 20, 2012, 04:47:21 PM
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.