3 ms·
The grossly oversimplified answer... as long as a not-insignificant amount of people keep believing in its value as we approach the 21 million cap - it will con
by swearwolves 9y ago
The grossly oversimplified answer... as long as a not-insignificant amount of people keep believing in its value as we approach the 21 million cap - it will continue to rise quite significantly. Simple supply and demand.
It could have literally zero utility whatsoever - as long as people keep buying the hype that this will one day be a massive store of value - it will be a massive store of value.
The better answer ...no one knows anything. 100% unadulterated speculation.