Re:Bitcoin and positive vs. normative economics
by fm8892 on Saturday December 28, 2013 @05:29PM
(#6976939)
Its not the volatility they're after--they want to hold a deflationary currency (which, at the moment, happens to be volatile).
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Re:Bitcoin and positive vs. normative economics
by furyofantares on Saturday December 28, 2013 @09:03PM
(#6977833)
Aqueous was speaking about BTC right now, in this growth period. But BTC is currently inflationary.
Re:Bitcoin and positive vs. normative economics
by SectioAurea on Sunday December 29, 2013 @12:10AM
(#6978499)
Good point - the early "hockey stick" did in fact end recently with the first ever bearish 10/21 EMA crossover in the BTC/USD 12h timeframe.