Quote from: trobin on January 26, 2018, 07:25:37 PM

Quote from: patroncito on January 26, 2018, 07:17:21 PM

Bitcoin cannot crash nor go down against the dollar. You can print as much US dollars or fiat currency as you want. BUT YOU CANT CREATE MORE THAN 21 MILLION BITCOINS. If everyone just realize that fact, it would never stop going up. It seems like the idiot stupid fools that are selling since December don't know that. It is just as simple as that.

Just because bitcoin has a limited supply and USD does not does not mean that bitcoin cannot crash. It would generally mean it has a better chance of appreciating but it's not certain and that's because you're forgetting the other force that makes up price and that is demand. Demand for bitcoin can easily fall for a number of reasons and any one of them could mean a crash in the price.

Divide the available supply of US Dollars by the available supply of Bitcoins. What number do you get? Huh

(how much is 5% of that number). Price is not even close to that number. How many people in the world is using it??? 1% of the population 2%?. Can you imagine if 25% start using it?