3 ms·
True, and because the blockchain is public, the community would see the tokens accumulating. When there is high demand, individuals in the community will natur
by cryptica 6y ago
True, and because the blockchain is public, the community would see the tokens accumulating.
When there is high demand, individuals in the community will naturally tend to tighten the supply on the markets. Typically, they will sell fewer and fewer tokens as the price gets higher.
This is because most community members really believe in the project and they believe that fiat is worthless, so they usually only sell just enough to fund a modest lifestyle. They know that the token is the most valuable asset in this economy. They know that once they sell it, they can't get it back.