If bitcoins became more widespread, and the market more liquid, it is quite possible the volatility would be reduced.
If, if, if....there are a lot of ifs there.
All he's saying is that it's a shitty form of currency right now. And that's the truth.
As a criminal offense, Florida's law is typical. Price gouging may be charged when a supplier of essential goods or services sharply raises the prices asked in anticipation of or during a civil emergency, or when it cancels or dishonors contracts in order to take advantage of an increase in prices related to such an emergency. The model case is a retailer who increases the price of existing stocks of milk and bread when a hurricane is imminent. It is a defense to show that the price increase mostly reflects increased costs, such as running an emergency generator, or hazard pay for workers.
Well guess what? I'm not a "supplier" or "retailer" of any goods...hence why I'm selling it on craigslist!
(I didn't actually sell anything, but I don't quite like the idea of the state being able to come to my garage sale and arrest me for my prices being to high)
Thus spake the master programmer: "After three days without programming, life becomes meaningless." -- Geoffrey James, "The Tao of Programming"