If all the sudden it hits 100k and the holders don't want to sell it because they know it will keep going up aka inflationary.
Then all the normies realize that, and start buying. what happens to bitcoin?
At some point I'm pretty sure it will happen.. No one will sell their bitcoin because there's no meaning in doing so..
What happens to bitcoin if
Leo Rivera
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Isaiah Brooks
the golden bull , my friend
David Johnson
Could this be the fabled Golden Bull Run?
In 1876 economists and mathematicians theorised the existence of a economic-ecosystem that had reached a form of transcendence - creating an endless positive feedback loop. They proposed that such a system entering this state would begin what they called the Golden Bull Run. Various mathematical models were created to show what this Golden Bull Run would look like.
Through my PhD research I believe cryptocurrency may be entering the early stages of a Golden Bull Run. In this stage early investors could potentially earn an endless supply of wealth - as the system generates tangible wealth rather than just moving it around.
Economists believed that the slow nature of the stock market meant that harmful players could sabotage the emergence of the Golden Bull Run before it could get started. However it looks like the extremely fast paced nature of cryptocurrency means it is not susceptible to these types of attacks.
If I am right we could see something never before experienced in the history of the universe. Hold on while you can - takeoff is imminent.
Adam Ross
interesting so this is what they call of golden bull run? Infinite positive feedback.
You said that cryptocurrency have the potential which ones you're referring to? I'm exclusively on bitcoin, what do you think?
Connor Gutierrez
That's not what inflationary means. Inflationary means the currency supply increases, not the value.
Thomas Hill
He's not wrong. In a mathematical sense it is inflationary, in an economic sense you are right of course.
Easton Nelson
>Golden Bull Run
pasta
Charles Bennett
That's right I wanted say that bitcoin is deflationary while FIAT is inflationary. there you go..
Evan Ortiz
user bitcoin inflation is already below fiat and next year countries will be having massive inflation.
Governments will literally create citadel passports to get our Satoshis and settle their lands.
Logan Hughes
The fact that people think this will happen creates opportunities for whales to sell.