Quote from: CryptoBry on December 08, 2017, 03:20:44 PM

There is indeed a big difference between oil and Bitcoin. Though the supply of oil is not really infinite there are still so many to be discovered but for Bitcoin the supply is already fixed and no one can increase it under any circumstances. This can be the feature of Bitcoin that may define the way Bitcoin Futures maybe behaving once we already have it on the open market. Bitcoin right now is flying to the sky but some corrections can follow.

Exactly.. I think the larger mainstream investors are finally waking up to the fact that there are X number of Bitcoin to EVER be mined.. This isn't the US dollar where they can just make a ledger adjustment and then there is 25% more liquidity in the system.

And also this isn't Gold or Oil or Coal.. Where someone tomorrow could stumble upon a huge vein or a new reservoir and change the Supply/Demand ratio over night making their investments crash..

Bitcoin is finite and it isn't some "fuzzy" finite number like oil or gold, it is a knowable and nearly predictable finite number.. I am sure someone has done the math and has figured out how fast hashing will have to be to wring the last 10% of the coins out of the system..

Think about the innovation that this is going to spawn.. Computing power had stagnated with absolutely nothing to push it further.. what was the incentive for chip manufacturers to produce something like the ASACs chips? How fast can a video game possibly go?

how many fast computers can the NSA possibly buy to justify the massive investments one must make into chip manufacturing...

I would posit that the invent of Bitcoin will do more for technology over the next 10 years than the Apollo missions to put men on the moon...

It is pretty freaking crazy..