Intuitive Guy☯️⚡ on Nostr: Thinking about it.. many consider Bitcoin demand elastic as it changes depamtin ...
Thinking about it.. many consider Bitcoin demand elastic as it changes depamtin prices, so for example if it drops significantly more people will be willing to buy, and less at higher prices.
But if/when its market cap will be great enough for much bigger investor to put capital in it without moving too much the price, those will increase even more demand, so price increases demand.
On another point, it's the price skyrocketing "Forever Laura" that increases also number of new investors.
Strange thing Bitcoin is, and it's demand also.
Published at
2025-02-16 00:49:57Event JSON
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"content": "Thinking about it.. many consider Bitcoin demand elastic as it changes depamtin prices, so for example if it drops significantly more people will be willing to buy, and less at higher prices.\n\nBut if/when its market cap will be great enough for much bigger investor to put capital in it without moving too much the price, those will increase even more demand, so price increases demand.\n\nOn another point, it's the price skyrocketing \"Forever Laura\" that increases also number of new investors.\n\nStrange thing Bitcoin is, and it's demand also.",
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