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Author Topic: When bitcoin price become stable in -2..+2 % range ?  (Read 1395 times)
ArsenShnurkov
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May 26, 2011, 04:51:36 PM
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Can you provide any calculations ?
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Basiley
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May 26, 2011, 05:04:34 PM
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why BTC should ?
cuz even other cash isn't SO "stable"
and because deflational nature of BTC, its can only rise. and seriously.
ArsenShnurkov
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May 26, 2011, 05:51:09 PM
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why BTC should ?

It should be stable in order to be usable for planning.

cuz even other cash isn't SO "stable"

Other cash is inflationary, so this is incorrect comparison.

and because deflational nature of BTC, its can only rise. and seriously.

It already fall before this post for more then 50%. So the 'it can only rise' statement is false.
If BTC will rise less then 2% per year - it is ok for me.

I know that you are russian, so we can continue to discuss this topic in russian section of the forum.
carbonpenguin
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May 26, 2011, 06:08:56 PM
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When a large and liquid options market develops.
ArsenShnurkov
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May 26, 2011, 06:20:57 PM
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When a large and liquid options market develops.

How large the market should be ?
Is it possible to achieve stability without options market ?
carbonpenguin
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May 26, 2011, 07:14:15 PM
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I'm not sure if I can say exactly, but I know FreeMoney will be writing a piece about options for the next issue of the Bitcoin Sun.
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May 26, 2011, 07:17:41 PM
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The market is way too thin right now, and the rate of adoption is expected to be exponential so you won't see long term stability (1+ year) until BTC is making the front page of some popular daily newspaper in every country of the world

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May 26, 2011, 07:19:26 PM
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The market is way too thin right now, and the rate of adoption is expected to be exponential so you won't see long term stability (1+ year) until BTC is making the front page of some popular daily newspaper in every country of the world

+1
Forget about BTC/fiat price stability for a very long time.
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