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Author Topic: When bitcoin price become stable in -2..+2 % range ?  (Read 1537 times)
ArsenShnurkov (OP)
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May 26, 2011, 04:51:36 PM
 #1
Can you provide any calculations ?
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Basiley
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May 26, 2011, 05:04:34 PM
 #2
why BTC should ?
cuz even other cash isn't SO "stable"
and because deflational nature of BTC, its can only rise. and seriously.
ArsenShnurkov (OP)
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May 26, 2011, 05:51:09 PM
 #3
Quote from: Basiley on May 26, 2011, 05:04:34 PM
why BTC should ?

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

Quote from: Basiley on May 26, 2011, 05:04:34 PM
cuz even other cash isn't SO "stable"

Other cash is inflationary, so this is incorrect comparison.

Quote from: Basiley on May 26, 2011, 05:04:34 PM
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
 #4
When a large and liquid options market develops.
ArsenShnurkov (OP)
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May 26, 2011, 06:20:57 PM
 #5
Quote from: carbonpenguin on May 26, 2011, 06:08:56 PM
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
 #6
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
 #7
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
https://btcarmory.com
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May 26, 2011, 07:19:26 PM
 #8
Quote from: goatpig on May 26, 2011, 07:17:41 PM
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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