I want to share my thought Why BTC Will Be Destroyed By Itself:
Every day Lot of people ( all of the Worlds) mining BTC it mean every day/Week/Year More BTC will be Injected to the Netwrok and it mean BTC abundance Will be increased and than Price will go lower and lower until 1$ probably.
Example:
Gold, silver and platinum are rare, thats why they are Expensive, BUT If Gold abundance was the same as Iron than Gold never was Expensive
I guess you would still need to read up about more in bitcoin particularly on its total supply and the coins being generated on daily basis and how long or when all of those coins would be mined.It would take up year 2100+ before the last bitcoin would be mined.I must say this is just really small supply considering on the current demand of bitcoin.We are still on 16M coins circulating and the demand is high.If you do base on how big the community is you will really say that the supply is really lacking and that's how the value corresponds to.