The WSJournal article says if BTC is to change dollar, its current value is 0. Plus the ways of possible transactions with BTC is very limited and it requires spending lots of energy (who can explain the part with the energy spending?).
On the other hand if in future BTC would depend on gold, its value will be stable and it won't be opened to any fluctuations at all.
What do you guys think about that?
The value of bitcoin is depend on the people who want it, for example if I have 1 btc then I offer you to buy it using $5000 but you only agree if the price is $4500, so the price can be determine by the final price that we deal. It is about bargaining.