Post
Topic
Board Speculation
Re: BTC power
by
God bless u
on 09/03/2024, 12:32:09 UTC
Hello all BTC
can we talk about the source behind BTC price
yes there is only 21m btc but iI think that it is not enough
it make anyone reach just by bying and hodling it

You probably don't know anything about supply and demand because if you do, you shouldn't be saying that Bitcoin having a fixed supply of 21 million isn't enough for it to grow in value over time because this happened because of the rule of supply and demand where the demand of Bitcoin kept increasing and because the supply is fixed, and not all the coins were in circulation, its value kept going up.

I think you need to do some research about Bitcoin's history to understand how it works what was its value in the initial days and how it struggled to be where it is today. You are right that it has great powers because it is a great innovation, but the limited supply metric is enough for it to be what it is.