Re:A Prediction: Bitcoin Is Doomed to Fail
by andyidsinga on Wednesday November 27, 2013 @03:38PM
(#6810972)
I love your point about pricing - was just thinking the other day about how I might accept bitcoin for an item. Presumably there could be a mechanism for determining the right price on the fly (similar to share pricing) but volatility would still be killer - hence there would be desire for a bartered item or non-volatile currency.
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Re:A Prediction: Bitcoin Is Doomed to Fail
by reginaldjcooper on Wednesday November 27, 2013 @09:42PM
(#6812726)
I have been thinking about this also and I concluded I would either account for the bitcoin volatility risk in my BTC price or by raising the dollar price.