Post
Topic
Board Economics
Topic OP
Stable Exchange Rate?
by
InterArmaEnimSil
on 07/08/2010, 17:38:33 UTC
It looks as if the two main markets, bitcoinmarket and mtgox, are stabilizing around 5.5-6.5 USC/BTC.  The outliers and quartiles have been tightening for days now, and now the values are centering in that range.  Thoughts?  Could it be that we've established a market value?  That would be a major step toward currency confidence and widespread public use.