Post
Topic
Board Beginners & Help
Re: BTC Price Stability
by
marty.lee
on 05/09/2011, 05:59:25 UTC
BTC should be worth whatever the buyer/seller wants to trade them for.

I think that makes them more unstable then saying they're worth a fixed price.
As I said before.
(b*r)/(2500000-d) = (144004*50)/( 2500000- 1777774.4820015) = 9.9694622
That should be the current price, but it is slightly off
Last Price: 7.89859 High:8.467 Low: 7.8 Volume: 21694 Weighted Avg: 8.0884
about $2 high.
I'm sorry, but this equation can be infinity. Here is a new one that will keep the price under control
(144004*50)/((2500000*( 144004/140000))-1777774.4820015)
or
(b*r)/((c*(b/m))-d)
b = block
r = reward
c = control = 2500000
m = another control = 140000
d = difficulty
Give me a BTC Address, you may have just officially solved all of Bitcoin's price stability problems.
Just sent you a donation. Smiley

[Edit]:
Still need to figure out how to modify m.
Thank You so much. That means a lot. I will work on m.