Quote:
Originally Posted by DutchTrafficService
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..)
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you are right, "implies" may not have been the best word choice... I didn't mean to say that growth is guaranteed, but the fact that the supply is fixed is a favorable condition for growth...
short of some disaster, governments banning it, exploit in the system, etc... number of participants in the bitcoin economy will likely grow, and so given the fixed supply, the price will go up along with it...
it could play out like I'm suggesting or maybe it won't... who knows.... that's why it's a risky investment....