...
Forget demand and offer, forget free market , forget everything. WE WANT MONEY!
The moment that happens (I pray it won't) BTC is doomed for sure.
...
Then it might already be too late to save Bitcoin.
If you read articles like this you will see that there are definitely serious
problems in the Bitcoin market and the Bitcoin price discovery doesn´t resemble a
free market at all:
https://hackernoon.com/tether-the-tail-wagging-the-dog-3ebfd4640825Of course the Tether story is not really newsworthy at this point, but
the ties between the various businesses in the Bitcoin scene
(CoinDesk, Tether, Coinbase, DCG) were novel at least for me.