Results 1 to 10 of 1187

Thread: The Bitcoin Tracking Thread

Threaded View

  1. #6
    Moderator madfranks's Avatar
    Join Date
    Apr 2010
    Posts
    11,761
    Thanks
    7,376
    Thanked 8,034 Times in 4,008 Posts

    Re: Right now the Bitcoin price is at par with Silver Spot price...

    Bitcoins are a fledgling currency. That means that right now they're not as stable as many expect their money to be. It's to be expected that as bitcoins develops and finds it's footing that there will be fluctuations in it's price. This makes many people uncomfortable, and they mistakenly conclude that these fluctuations prove the inadequacy of the currency. Years from now, when bitcoins are on solid ground, these fluctuations will be a thing of the past and bitcoins will be one of the most stable currencies in the world. If you understand this, and other dynamics of how money works, you can use it to your advantage.
    "Liberty is so creative, and the government is so stupid, that I’m very optimistic about the future"
    - Lew Rockwell

  2. The Following 2 Users Say Thank You to madfranks For This Useful Post:

    Ares (7th March 2013),Spun Gold (7th March 2013)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •