4 ms·
Every _bitcoin holder_, it's not like a country experiencing deflation.
by Scaevolus 5y ago
Every _bitcoin holder_, it's not like a country experiencing deflation.
- jayd16 5y agoHow so? Prices aren't set by the amount of BTC in the wild. A currency has no inherent demand. No btc holder can offer any more btc for goods than before.
- GaylordTuring 5y agoPrices are set by the order books, including how many that are willing to sell and to what price. If a large amount of coins are removed from the market, and the buying pressure stays the same, that will lead to higher prices.
- jayd16 5y agoIf they weren't being sold then, again, the amount available to buy is unchanged.