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Right now a landgrab is going on. People want to hold some btc. At some point in the future, when everyone knows about btc and purchased as much as they want/ca
by oleganza 14y ago
Right now a landgrab is going on. People want to hold some btc. At some point in the future, when everyone knows about btc and purchased as much as they want/can, the price will be more stable and grows only as much as new wealth is created by the global economy and new people are born.
- davidw 14y ago> Right now a landgrab is going on. People want to hold some btc. How's that different from tulips? > the price will be more stable and grows only as much as new wealth is created by the global economy and new people are born. Err...how so? Fiat money can do that, but how does bitcoin correlate to much of anything?
- baddox 14y ago> How's that different from tulips? The key difference is that the tulip burst happened in the past, so you can be quite certain that it was a speculative bubble.