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Approaching the final limit -> so many Bitcoins lost -> so many Bitcoins confiscated -> the amount of Bitcoins goes down -> the demand increases -> price for on
by r3bl 9y ago
Approaching the final limit -> so many Bitcoins lost -> so many Bitcoins confiscated -> the amount of Bitcoins goes down -> the demand increases -> price for one Bitcoin goes through the roof.
At least that's how I see it. Don't know jack shit about cryptocurrencies, but this seems like basic economy.
- cc81 9y agoIn a way yes but who is actually using bitcoins to buy things? This seems to be 80% speculation and 20% illegal stuff (drugs, money laundering etc.)