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RE: The next Tulip Mania or the Beginnings of Something More?
If people are selling everything else, why wouldn't they also sell bitcoin?
If people are selling everything else, why wouldn't they also sell bitcoin?
Cos you have to sell "everything" FOR something. Something that will not lose value
Good point but at that point I feel like cash is king, will bitcoin be on the same level as the almighty dollar?! Time will tell...
For what it's worth, my theory is because Bitcoin is inherently finite and deflationary. An almost infinite number of bond debt can be created (heh, this has basically already happened).
You have a point...