Post
Topic
Board Economics
Re: What happens to the price if mass acceptance is not achieved?
by
Peter R
on 17/04/2014, 21:22:33 UTC
How much will it fall?  I imagine a large chunk of the price is based on future potential, rather than current utility.

I wonder.  

Thought experiment: tomorrow you learn somehow that bitcoin will never go up in value, but will never go down in value either.  1 BTC will forever be able to purchase the same basket of goods.  

Would you hold more or less of your wealth in bitcoin than you currently do?