Quote:
Originally Posted by woj
bitcoins on the other hand have been around for a few years... no matter what time frame you look at the price trend is upwards... the fact that there is limited supply implies that the price will continue to rise
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This is just false, sorry.
How does limited supply means the price can only rise? What about demand, what if demand fades? What about govermnents trying to stick their nose in it, etc etc.
ps: stocks have a limited supply as well (under normal conditions..)