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I just sold a domain for $500. If I put that into bitcoin, could I easily sell it when it's worth $1500 you think? I don't want to buy it and be forced to keep
by rblion 9y ago
I just sold a domain for $500. If I put that into bitcoin, could I easily sell it when it's worth $1500 you think? I don't want to buy it and be forced to keep it.
How can it rise in value 'forever'? At some point, government regulations or a major scandal is going to affect the market. Is it not?
- setra 9y agoBitcoin is deflationary with a cap on the number of units. If there is economic growth the value of each bitcoin will increase. Every current conventional currency introduces more monetary units as the economy grows.