Post
Topic
Board Economics
Re: 1 BTC = 20 USD
by
bitk
on 20/05/2011, 11:34:36 UTC
I've started thinking bitcoins have nothing to do with gold. They are more like diamonds, with people having stashes filled with them but not releasing them too quickly or the price will drop really quickly Wink
One thing is for sure, if old bitcoiners want to fix a maximum price, (eg 10 €) they can sell those at that price for quite a long time...