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> How much artificial vs non-artificial demand is there? I sure have no idea but there's demand and then there's supply. Supply of newly minted Bitcoins is goi
by TacticalCoder 3y ago
> How much artificial vs non-artificial demand is there?
I sure have no idea but there's demand and then there's supply. Supply of newly minted Bitcoins is going down by 50% in four months.
I don't know who's buying all the coins but miners have costs to cover and it's known they exert a lot of pressure by selling part of their mined Bitcoins.
That was Satoshi's great middle finger (I don't care if it's good or not: I see it as masterclass trolling): create something which, unlike, say, the USD, cannot be printed at will.