Post
Topic
Board Altcoin Discussion
Re: [ANN] Bernankoin the Coin to save our economy - QE3 underway!!!!!!!!!!!!!!!!!!!!
by
nahallacman
on 30/12/2013, 14:07:57 UTC
It would be interesting to see what kind of things happen to the price of this coin if it were to hit an exchange.

I see lots of sell offers now, but I wouldn't imagine there are many buyers in the market as the way rewards are given this completely removes the desire for speculative holding.
Yup, speculative holding kind of does not make any sense right now, unless you are easily printing it speculating that it will gain value, and/or you have a belief that the quantitative easing used by central banks is working to bring value to the such & such currency and/or economy they are printing it for.

I hope an economist weighs in with why this is different than the $, £ or what have you issued by a central bank.

I imagine they would say something about the rate at which money is being introduced. Then probably something about how it needs to be under 2% growth annually.