Post
Topic
Board Bitcoin Discussion
Re: A question to all speculators - What if Bitcoins' price just flatline?
by
netrin
on 24/06/2011, 15:36:02 UTC
...
so perhaps the trading price will just random walk between say, $5 and $40.

now what?

buy at $6 and sell at $39?

And because I'm more cautious, I'll buy at $7 and sell at $38, and maybe someone more cautious still... until...

To answer the posters point, if I felt bitcoin were more stable, I would exchange ALL of my remaining USD to BTC and demand my grocer accept bitcoins or attempt to take my business elsewhere.