3 ms·
Slow deflation at first, rapid inflation eventually. That tends to be how bubbles work. (Not to be confused with physical bubbles, which are the other way arou
by hugh3 16y ago
Slow deflation at first, rapid inflation eventually. That tends to be how bubbles work.
(Not to be confused with physical bubbles, which are the other way around...)
- eropple 16y agoExactly. The deflationary period will come when most people liquidate their Bitcoin holdings because they realize it's essentially useless. Or try to liquidate, anyway. At that point there won't be many buyers.