Quote from: mateo on December 05, 2013, 11:50:38 AM

Quote from: wopwop on December 05, 2013, 10:50:18 AM

Quote from: bitcon on December 05, 2013, 10:47:38 AM

someday these panic sellers will learn that to regulate is to legitimize.

someday these panic buyers will learn that to regulate means its no better than the usdollar

Sorry, but it's the greedy speculators that are screwing over Bitcoin right now, not the governments.

Even with strict regulation, Bitcoin, unlike US dollar, would still be:
1. Relatively anonymous;
2. Governments not able to confiscate them;
3. Easy and cheap to use worldwide;

But for Bitcoin to be a currency it must become more stable first, and any measures that would reduce this insane volatility are welcome.

I don't think volatility is bad in the Bitcoin deflationary context. It's an argument detractors use a lot, trying to undermine the currency, but it's a superficial one.

Many merchants are starting to realize volatility can actually play in their favor, especially if they have a fiat cash cushion for short term needs. The number of businesses accepting Bitcoin straight out, without payment processors like Bitpay, is growing.