Quote from: Are-you-a-wizard? on October 17, 2011, 09:54:02 PM

Quote from: freeminer on October 17, 2011, 09:42:48 PM

Quote from: the founder (FlexCoin) on October 17, 2011, 09:28:52 PM

I understand the reasons for backing them, I don't understand the reasons on why anyone can do it profitably.

I'm talking about non-profit organization created for market stability. This organization will accept donations in USD. Every day they will calculate current proportion between amount they have and total amount of BTC and set their price for BTC in USD. They will ensure that they can buy all the bitcoins at this price.

Only somebody as retarded as Atlas would come up with something like this. So hows it going old friend?

I do not understand your skepticism, my young friend. Do you have a better idea?