Post
Topic
Board India
Re: Any well rounded theories to curb volatility?
by
subvolatil
on 07/12/2013, 03:12:42 UTC
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


This is where Benson suggestion of a protocol built on top of bitcoin makes sense. once it is on bitcoin. there will be services that will open up  starting an exchange arround the world these exchanges would be interconnected and the onec that stand alone will eventually loose customer volumes and the newer exchanges will make up a majority.