Post
Topic
Board Altcoin Discussion
Re: Help me understand
by
Cappex
on 29/07/2021, 07:23:22 UTC
Will the BTC price take longer to reach all time highs with time? 5 years ago 10k bought 3 BTC, now it buys .25. Does that mean that as price goes up, it will require more fiat to keep it pumping? When price is 200k, it will take a lot of money to influence price it seems. Even with mass adoption, it would require people to put it a ton of money to raise the price.
If you consider that there is no ceiling for FIAT money printing then we can say that there is no maximum price that bitcoin can reach, but this should reduce its volatility over time and consequently increase its popularity.