Post
Topic
Board Economics
Re: Why bitcoin will appreciate forever
by
zimmah
on 29/10/2015, 01:56:16 UTC

Ruble need a couple of years to loose it majority of his value against dollar but have you checked the BTC price it can go upto 1000+ and can come back to 100 within a couple of months.

The market capitalization of bitcoin is still too small. It is still early stage of bitcoin. When bitcoin reaches the market capitalization of 1000 bn, the value will be very stable.

It will be stable even at 100 billion, or when more people will use it. Right now the big players are manipulating the market, once the distributioni s more even, it will have less volatility.

Distribution will never be more even because big time whales will not allow that. Market manipulation will never end.

Eventually even their supplies will run dry if they don't have any source of income.

It might take years, decades or centuries, but if they don't contribute anything in exchange for bitcoin, they will eventually run out of Bitcoin.