Post
Topic
Board Bitcoin Discussion
Re: A question to all speculators - What if Bitcoins' price just flatline?
by
Bazil
on 24/06/2011, 15:11:39 UTC
most people buying bitcoins are speculators hoarding them and not use them, so i know there is a lot of you out there.

despite what you hope, there are many reasons why bitcoins may never enter mainstream, and just limp along in the periphery of society.

so no, the bankers are not going to send in federal agents to crush bitcoins to 0, but neither is it going to replace the u.s. dollars.

so perhaps the trading price will just random walk between say, $5 and $40.

now what?

Well a total flat line isn't possible, it should have at least an incline because of inflation of other currencies.  If it just wanders (especially if it does so in a predictable range) then I will get rich day trading.