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There's a scarcity argument in there somewhere I'm sure, the price hasn't been based on usefulness really ever in its history, but there's no foundation for it
by jki275 7y ago
There's a scarcity argument in there somewhere I'm sure, the price hasn't been based on usefulness really ever in its history, but there's no foundation for it going to 90k next year. It might go up in five years, there are some historical swings to look at for possible future trends, but even that is pretty iffy to bet on.
- sova 7y agoBTC is an excellent value holder for international money transfer, and imo BTC price is not dictated by supply but by perceived liquidability.