Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
Kupsi
on 01/11/2014, 16:20:23 UTC
forever until SC crash.

you just proved my point.  that single fact means a scBTC will forever be worth less than a BTC.  

thru arbitrage, the scBTC will drag down the BTC price to where it "appears" they are equal in fiat terms.

You are right in term. BitstampBTC is draging down real BTC price.

It's dragging up. You need BitstampBTC, KrakenBTC etc to use an exchange. BitstampBTC have increased utility.