Edit: Added a poll because I am very curious what 'the bitcoin community' thinks what a stable price would be:
https://bitcointalk.org/index.php?topic=165166.0Price stability and predictability are the main factor for a wide acceptance and adoption of bitcoin.To manage the market price, Bitcoin does not have the influence from a central authority like Federal Reserve or European Central Bank.
The Bitcoin Community has no need for a central authority.
The Bitcoin system cannot affect the bitcoin market price with interest rates or changing the number of bitcoins produced. This is fixed.
Did you know the Bitcoin Community has the ability and tools for a stable bitcoin price?
In order to have a stable and predictable price we need:- mass for stability (limited fluctuation)
- consensus for predictability (clear path)
The Bitcoin Community is able to set the bitcoin price.
We set the price.
We set stability.
How?That is simple:
BTC sellers: don't sell for less than $1000You'r in?
Quite simple. I'm in! (click here)With your support the bitcoin price will be more stable and predictable.
With your support we create trust.
Trust in bitcoin assures broad acceptance and use of bitcoin.
bitcoinmarketprice.org