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dimanche 29 novembre 2020

Hypothetical discussion about possible bitcoin shortage....

Let's hypothetically say that there is a bitcoin shortage. This seems like a real possibility knowing that big business hasn't really got their hands on bitcoin yet. What do you guys think will happen next?

My take... Bitcoin price will skyrocket and there will be a scramble, shaking out all the weak hands of those who will want to make some quick money during the rise in price. This will continue until there are no more weak hands left. Once it gets to the point that everyone is holding and there are fewer and fewer transactions, people will start to look at other cryptocurrencies and bitcoin will start to lose value until the rest of them start panic selling. What do you guys think?

submitted by /u/ZeroG747
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* This article was originally published here

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Phoenix and Wasabi exit US market amid self-custody wallet crackdown

Author: Cointelegraph * This article was originally published here