Post
Topic
Board Speculation
Re: Using Average BTC holdings (in USD) vs # of Users to Understand USD/BTC
by
elebit
on 11/03/2014, 21:56:28 UTC
Should Bitcoins become widely used, I think the average worth per user should be expected to drop (since its value as an investment lessens)
Say what?  It's difficult for me to react temperately to a statement like this which so offends my reason.  Am I misinterpreting it?  Please expand.

It is only a supposition. Do you think it is incorrect? Please expand on your thoughts.

The reason I expect it to hold true is because as Bitcoin gets more widely used and more valuable, people would come to expect less gain in its future value. We have already seen more than a thousandfold increase in value (or even more), but even an optimist would consider such an increase again to be unrealistic. A stable Bitcoin could probably not sustain a value of millions of dollars each.

I also think that as the user base increases above and beyond the globally well off, less new adopters would have access to thousands of dollars to invest.