Create account

replied 1973d
Mike, homopit; The better points of your debate will be lost with these appeals to authority.
homopit
replied 1973d
You're right. Do I even remember why this started? Ah, two theories: hard money, or money with healthy inflation. That debate will never end.
replied 1973d
one more thing.If you look back to like 2014, Bitcoin went from like 200 to 1200 in one day. Why? because there were less traders, less transactions.More transactions = less volatility
replied 1973d
Go look at a penny stock with hardly any transactions. The BUY and the ASK are like 300% apart. But the minute many transactions start happening the Buy And ASK tighten up.
replied 1973d
Billions of transactions the price won't move.
replied 1973d
The debate will end because there will eventually be an answer after it's played out. But who knows how long it will take. Could be many, many years.
replied 1973d
Go back and read what Bitcoin is about and why Satoshi chose Deflationary instead of inflationary and this will all go away. Simple as that.