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August 13, 2011, 02:55:44 PM |
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Why would we want anything other than for bitcoin to inrease in value? None of us will ever have all the bitcoins we'd like to have, but it really doesn't matter, does it? If their value rises, you just get fewer bitcoins, which is ok, because their value will rise!
So what if their price is such that I can only buy 50 more instead of 100? Everything in the BTC economy will be adjusted to reflect their current value, and bitcoins are (technically, will be) deflationary, so those 50 BTC will actually be the same use to me later on as the 100 would have been.
Now, if I somehow manipulate the market to drop their value, by either dumping large amounts hopingmto buy back later, or by already FUD, I risk losing everything.
Am I happy with the number of BTC I own? Nope, and probably never will be, but as long as their value keeps climbing, I won't really care.
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