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To: zeestephen

Nope. The markets will set the price. The price will steadily go up. Demand will dictate the price. Gold cannot stay number one of all assets because everyday it is created through mining and has an unlimited supply. I hope to be around to see BTC eclipse every asset, and then exlipse the top ten combined:)


16 posted on 11/11/2024 3:45:53 PM PST by Jumper
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To: Jumper
Re: "Nope. The markets will set the price."

I thought that was obvious.

However, my two points are still unchallenged...

(1) How do the markets place a value on one Bitcoin when no one knows how many BTC are - or will be - in circulation?

(2) Since no clear legal standards of BTC ownership have been established by the Courts, how will future ownership disputes be resolved?

Until the Crypto Crowd solves those two riddles, the value of BTC will be a speculative guessing game.

32 posted on 11/12/2024 1:34:46 AM PST by zeestephen (Trump "Lost" By 43,000 Votes - Spread Across Three States - GA, WI, AZ)
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