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2025-02-25 13:00:09

₱ⱤØⱠł₣ł₵ JØł₦₮Ⱬ on Nostr: How Markets Work 1. Buyers and Sellers Set the Price Prices move based on what people ...

How Markets Work

1. Buyers and Sellers Set the Price

Prices move based on what people are willing to pay (demand) and what sellers are willing to accept (supply).

When demand > supply, prices rise.

When supply > demand, prices fall.



2. Liquidity Matters

A "supply crunch" implies there aren’t enough sellers at any price. But in reality, there’s always a price where someone will sell—especially when profits are high or liquidity is needed.

Even in Bitcoin, as the price rises, long-term holders (LTHs) start taking profits, increasing sell pressure.




Why a Bitcoin Supply Crunch is Unlikely

Everyone Has a Sell Price

Even the most hardcore Bitcoiners will cash out at some level.

As Bitcoin approaches major psychological levels (like $100K, $500K, $1M), sellers emerge.


Liquidity Unlocks Hidden Supply

Miners, institutions, and whales offload portions when prices rise.

Even if 90% of Bitcoin is "hodled," price spikes incentivize selling.


Derivatives Markets Absorb Demand

Futures, ETFs, and options allow exposure to Bitcoin without needing to buy spot BTC.

This dilutes true spot demand and delays any hypothetical "supply crunch."



Conclusion: A "Supply Crunch" is a Dream

There will always be liquidity events (profit-taking, liquidation cascades, miner selling).

As price rises, supply naturally increases due to human psychology and financial realities.

True scarcity in a free market is nearly impossible unless all holders unanimously refuse to sell—something history shows is unlikely.


Bitcoin’s finite supply makes it valuable, but thinking it will reach a point where no one sells is just hopium.

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