Post
Topic
Board Bitcoin Discussion
Re: The Life Cycle of Bitcoin
by
Ryker1
on 06/06/2021, 21:43:08 UTC
[snip]
4. Decline Stage: Everything that has a beginning has an end. At the stage sales deteriorate drastically. And the product will phase off the market unless the product is redesigned.
Well, from 1 to 4, this statement which the most I disagree with. Bitcoin is no life that has an end, it should always forever and it has a limited supply, it could increase the price by the demand and the supply, and the price all matter in that way, and most of all, bitcoin is not a product that could be phase off in the market and most especially, bitcoin created with how its own code and no one can change for the redesigned, if there is, that is bitcoin fork with different network and will also different miners. I think you must understand first how bitcoin will work before making this thread.