Post
Topic
Board Speculation
Re: This could be the bitcoin bears nightmare!
by
NotLambchop
on 10/12/2014, 21:53:45 UTC
...
This.  Even if we consider beanie babies as a legit form of currency they can be "printed" to infinity.

That's just ignorant.  Just as happens to be the case with Bitcoin, the number of BTCeanie BTCabies is limited. Educate yourself:
Quote
The company's strategy of deliberate scarcity, producing each new design in limited quantity, restricting individual store shipments to limited numbers of each design and regularly retiring designs, created a huge secondary market for the toys and increased their popularity and value as a collectible.
-- http://en.wikipedia.org/wiki/Beanie_Babies

Further, the number of BTCeanies is smaller than the total of BTC, hence the substantially higher price:



Yeah, you missed that train, bro.  BTCeanie enthusiasts are already lounging on the moon, while you Johnny-come-lately Bitcoin imitators only dream about it.

Apologies for the delayed response.