Its not the volatility they're after--they want to hold a deflationary currency ... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		fm8892 on Dec 28, 2013 \| parent \| context \| favorite \| on: Bitcoin and positive vs. normative economics Its not the volatility they're after--they want to hold a deflationary currency (which, at the moment, happens to be volatile).

furyofantares on Dec 29, 2013 [–]

Aqueous was speaking about BTC right now, in this growth period. But BTC is currently inflationary.

SectioAurea on Dec 29, 2013 | [–]

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.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact