Post
Topic
Board Bitcoin Discussion
Re: bitcoin scarcity
by
gabmen
on 22/04/2018, 13:35:38 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?
should it happen but we all also can not know for sure the reason that happened but I am sure the price will again creep up and possibly be stable

Lol how can high volatility not be normal. The factors that affect the volatility varies so anything can happen. And there's still a lot of btcs to be mined still so i don't think scarcity is an issue for now.