Post
Topic
Board Economics
Re: For now, bitcoin only suitable as a store of value
by
Timo Y
on 19/04/2013, 11:46:15 UTC
It's just a disruptive, growth industry in its early penny stock stages. Penny stocks are volatile just like bitcoin. This doesn't mean they always will be.

+1

The number of users needs to stabilize first before we can have stable prices.

Also, we don't have a well functioning derivatives market for bitcoin. Once that is the case, adoption as a medium of exchange will explode.