Quote from: Benson Samuel on December 07, 2013, 07:42:47 AM

Quote from: buysellbitcoin on December 07, 2013, 03:09:34 AM

Quote from: subvolatil on December 07, 2013, 03:07:24 AM

Quote from: buysellbitcoin on December 07, 2013, 02:59:52 AM

Quote from: subvolatil on December 07, 2013, 02:58:32 AM

Quote from: Benson Samuel on December 07, 2013, 02:53:54 AM

Quote from: subvolatil on December 07, 2013, 02:51:31 AM

Quote from: Benson Samuel on December 07, 2013, 02:31:15 AM

Would be nice to know any ideas afloat on curbing the volatility of Bitcoin to FIAT prices.

A global Exchange, High volumes of traders, and stable government acceptance of bitcoin.

That has too many variables. There has to be some simpler solution.

Something built into Bitcoin, like an exchange logger that does not allow for mass fluctuations.

Regardless as to how high it climbs back, this is depressing to watch.

Well the only thing that comes to mind is a standardized exchange protocol that all exchanges can us, where in trade of bitcoin can be done between exchanges. This would stabilize prices to a certain extent. but trade between exchanges it self brings up far to many hurdles than solution.

well I do not know if its legal.. I am sure exchange can not take part in any kind of trading..

reagrds

Well i am talking about trade between exchanges, like a user in exchange A get his purchase from exchange B. the exchange it self does not take part in the trade. But the inter-trading between various exchanges takes place to accommodate the best price for sell and buyer, automatically.

Well that can surely help with volatility and manipulation...
This in fact really good idea.. But I doubt if any exchange will accept it because than they will not be able to manipulate a lot.

Regards

Price volatility rules can also be built into the protocol. Wonder how the traditional stock market or the forex markets avoid large pump and dumps.

stocks have limitations on daily growth, for example certain stocks are only allowed to grow 5% within a day, and then trading is halted. I remember a scenario where, once stock I bought for 35 INR, kept hitting the 5% everyday till it hit about 150 INR and then corrected bit and the came back to 65 INR after that it was doing normal detail....I think it was Hindustan Paper something..this was way back in 2003..

cheers
karma