Post
Topic
Board Beginners & Help
Re: Alternate Bitcoin generation rate
by
clinton
on 12/06/2011, 07:01:17 UTC
Also we should see more stability as more products and services are available and bight and sold.

Until then, enjoy the ride!

I'm not so sure. Like I said, unlike gold, bitcoin does not have a feedback mechanism where more gold is mined when the price is higher. This I believe stablises the price.

When the market doesn't control the supply side, you've only got half the equation. I feel this makes it harder for bitcoin to achieve stable prices, whereas I think my proposal will address that.