Post
Topic
Board Bitcoin Discussion
Re: Where is the value?
by
mlferro
on 12/01/2015, 21:12:56 UTC
I can't see anything in the near future that will increase the demand side of the equation....

More and more people who don't trust the global banking system anymore.
More and more people who don't want to pay tax on everything.
More and more people who want to shop online without being traced.

BTC's growing, and so is the number of people using it.

It seems correct to say that the supply side is growing faster that the demand side right now, but we know the supply's growth will be halved sometimes, so we shall remain confident in the longer term. There will be a day when demand will outgrow supply, just like it did last year.

if I understand well
you mean when demand get over supply, the price of Bitcoin will go up? (Correct me if I'm wrong, do not know much about economics, but I like to speculate in order to understand)
last year there was a big drop