Post
Topic
Board Economics
Re: Inflation and Deflation of Price and Money Supply
by
boumalo
on 08/05/2014, 10:27:09 UTC
If everyone hoarded bitcoins.
Bitcoins will end up up up.


Each time the price goes down it shakes out the weak hands and more btc end up with the hoarders and users

This is just wishful thinking. If it were so, the price wouldn't go down at all! Cool

It is a fact that when the price goes down the members that believe less sell and the members that believe in Bitcoin most don't sell

And so what? If the price goes down, it just means there're more sellers than buyers per unit of money (and the other way round). As simple as that... Cool

And it shakes the weak hands