Post
Topic
Board Bitcoin Discussion
Re: Bitcoins have lost $210,000,000 USD since June 9th 2011
by
evoorhees
on 27/09/2011, 20:16:02 UTC
::sigh::

When price is rising, people complain about "deflationary spirals" and the failure of Bitcoin to not match up with demand.

When price is falling, people complain about inflation and the failure of Bitcoin to not match up with demand.

Are we so enmeshed in a centrally-planned, price-controlled economy that the first sign of true free-market price discovery simply scares us to death?

Bitcoin  is/will be the most volatile asset the world has ever seen. Set your expectations accordingly. Relax.