Post
Topic
Board Development & Technical Discussion
Re: Thought experiment. Coding a stable exchange rate.
by
AntiVigilante
on 25/06/2011, 12:18:43 UTC
This proposal has got to be a quantum fluctuation of the cosmic anus.

There is NOT one single price for bitcoin and items. Not on my watch. The only price that exists is the price for two people making a trade. Exchange disasters should have no effect whatsoever on private and community trades.

Do you understand the devastation that is caused when prices for food in Jakarta explode because some twit behind a monitor typed in some numbers?

Hell no.

Why in hell would you build the ability to allow BTC scalpers to screw us all at the touch of a button?