Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
inca
on 23/10/2014, 21:53:14 UTC
As scarcity increases, so does the price.... Mtgox was an exchange... that has nothing to do with a protocol and its security. You should rethink a bit of what you just said here.

I agree scarcity drives price when demand exists. It is why I speculatively hold bitcoin right now. What will drive the demand for bitcoin if everyone moves to a bitcoin 2.0 chain?