Post
Topic
Board Economics
Re: BTC climing to parity quickly on mtgox
by
Veltas
on 10/02/2011, 00:29:21 UTC
I'm no economist but I feel that this is due to BTC being in high demand and low supply.  Simple as can be.

I think a real problem is that it will be a long time before it levels out, and then it should follow the world's average inflation, but that's too simple a model.

We're going to overshoot parity by quite a bit if you ask me...