2 ms·
Maybe I do that already? Or maybe not because I stated above that the crash could very well come after the next halving but it could also take another few more
by noxer 7y ago
Maybe I do that already? Or maybe not because I stated above that the crash could very well come after the next halving but it could also take another few more halving each coupled with price waves as we have seen in the past. I have no clue how long this self fueling will work. Anyway the whole "if you sure about xxx why you don't yyy" isn't an argument.
You don't seem to understand where the value from new minted BTCs comes from.
How they are exchanged is completely irrelevant. Mined BTCs change the supply and that changes the price of all other BTCs. Any additional BTC makes all other BTCs a little bit cheaper/less worth. And that is where the value form the new BTCs come from.
Printing controlled by math avoids hyperinflation like I said above. Printing isn't the problem, that the printing stops is the problem. Or that the whole system was self fueling in the first place.