Simulations of the longitudinal instability in the 50GeV×50GeV muon collider ring have been performed. Operation of the ring close to the slippage factor η_{1}≃10^{-6}, such that synchrotron motion is frozen, minimizes the need for rf to maintain the bunch length. However, there is still an energy spread due to the bunch wake. For design parameters of the ring, this induced energy is too large and must be controlled. This paper demonstrates that the bunch wake may be compensated for by two rf cavities with low rf voltages. These studies were made at the nominal design point, and sensitivities to errors were explored. It is seen that the small energy spread of the beam (δE/E=3×10^{-5}) in the 50GeV×50GeV muon collider ring can be maintained ...