Quote from: DomenicoRomano on June 27, 2013, 02:27:07 AM

Quote from: IggySe7ven on June 26, 2013, 06:03:21 PM

Why is bitcoin price stuck around the same number and not increasing, how likely is it for bitcoin to steadily start going up again?

Bitcoin is scheduled to trade in a narrow range of 102 to 108 dollars until September. From September until January it will gradually increase reaching a high of about 118. That is why I am holding strong to my bitcoins till then. The 2014 schedule has not been decided yet.

lmao gg

Quote from: johnyj on June 30, 2013, 03:46:21 AM

Quote from: PeZ on June 30, 2013, 12:05:32 AM

The worldwide economy is worse than the numbers suggest and people need fiat to pay the bills.

If they use fiat, they could never payback the bills

Each fiat dollar is backed by a equal amount of debt, when they get 100 dollar to pay the bill, they created a 100 dollar's debt to be paid somewhere else in the society, plus interest. So someone else might get a 103 dollar bill to pay, society as a whole become more and more debt laiden

dafuq?

Quote from: SilentSonicBoom on June 30, 2013, 05:45:01 PM

Why does it have to go up? Price stability to some degree can help build trust in Bitcoin as an alternative to traditional currencies. Retailers that might accept bitcoin might not if prices fluctuate to violently with volatility.

+1