Quote from: Dafar on December 19, 2013, 02:28:29 AM

So that was my next question. If all the sellers who are setting the price decide to just gradually keep increasing the price, wouldn't that be beneficial for everyone? It will attract new buyers because they can see that they will have an obvious return on their investment because the price never goes down. Maybe i'm thinking of this the wrong way

well everyone agreeing to set prices and gradually increasing them is the utopian dream of investors. but for customers, newbies and buyers they will always want it cheaper. and as the whole idea of bitcoin is free-market bartaring and not fixed prices, then that utopian dream would be hard to accomplish, which may even turn away fresh people as they would see it as a scheme and not a free market