Quote:
Originally Posted by jscott
Bitcoin stock to flow
inflating fiat + 21mn max supply BTC = NGU (#go up) against fiat.
Eventually pricing Bitcoin with gold or other assets would be a better way
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you just wrote a fantasy formula that ignores ALL the absolute pitfalls of crypto and calculates a naive best case scenario that will never ever happen...
tesla stonk + moon = mad lambos
^^^^this is what your explanation sounds like...
Quote:
Originally Posted by mopek
I'm new to crypto but what most people are saying is that because BC is limited, at one point the supply will run out and the price will be much higher than it is today due to that demand.
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there are 1000s of crypto currencies, and even with just bitcoin there are bits of bitcoin, satoshis so its not really limited to 21.000.000 but to a vastly greater amount...basic math exists...the smaller the units the smaller the gain from scarcity <---
