Post
Topic
Board Bitcoin Discussion
Re: bitcoin scarcity
by
kudryas
on 07/04/2018, 11:22:55 UTC
we see bitcoin today experiencing high fluctuations below and will always drops, probably going back to the point of $ 4500. but if I look with bitcoin stock today which a little again $ 3.5 million , then this condition is not normal. because it should be when bitcoin is scarce, then price and value will quickly rise and higher. but today why down? do we have to wait 1 million bitcoins?

This is because price is not affected by supply, demand also plays a major role in this. Demand has reduced due to fear among new investors