Quote from: proudhon on July 21, 2011, 06:01:07 PM

Quote from: xunker on July 21, 2011, 05:57:39 PM

Quote from: cypherdoc on July 21, 2011, 05:38:28 PM

what else is there to say?

Quite a lot, if you're implying that that bitcoin is currently enjoying a more stable valuation than USD.

The 10-day moving average (10MA) for bitcoin has fluctuated from 14.3USD to 12.8USD. That's about an 11% fluctuation.

Compare that to something like the USD -> Euro exchange for the same period, 0.713 to .7028. That's about a 0.9% fluctuation.

I'm not going to say it's bad or good, right or wrong, all I am saying is consider a 10-fold difference in pricing volatility.

Thank you for injecting more reality into this thread. "BTC rock steady", seriously?

sure i'm serious. compared to the previous 6 mo yes.

i think this should give merchants alot more confidence in accepting btc for payment.