Bitcoin Price Thread

Discussion in 'Crypto Assets' started by Magna, Nov 26, 2017.

  1. Surprise

    Surprise

    Not really hence the number of bitcoins increased immensely after the many forks , and i expect it to increase even more in the future .
     
    #671     Dec 15, 2017
  2. Pekelo

    Pekelo

    Excuse my French, but my fucking ass it is. This is one of the biggest lie of the cultists. Current inflation rate of Bitcoin is 4%, yes it will slow down but it will stay INFLATIONARY until we and our grandkids ALL die!!!

    How the fuck can something that you keep making MORE of be deflationary???
     
    #672     Dec 15, 2017
  3. just21

    just21

    20% of Bitcoin have been lost. Satoshi has abandoned 1 million.
     
    #673     Dec 15, 2017
  4. Pekelo

    Pekelo

    Doesn't matter, BY DESIGN it is NOT inflationary. From the point of loss we still have more of it...

    Your argument is: The designers counted on idiots and people who wouldn't care to keep this thing under control. Nice....
     
    #674     Dec 15, 2017
  5. Surprise

    Surprise

    So if 20% are lost then price should increase 20 folds ? Based on your argument bitcoiners should destroy 20% of their bitcoins so price surge another 20 folds .
     
    #675     Dec 15, 2017
  6. just21

    just21

    You said that. I am saying the supply is hard coded at 21 million but will never reach that.
     
    #676     Dec 15, 2017
    johnarb likes this.
  7. just21

    just21

    The forks did not stop the price going up.
     
    #677     Dec 15, 2017
  8. Surprise

    Surprise

    #678     Dec 15, 2017
  9. just21

    just21

    Do you mean deflationary?
     
    #679     Dec 15, 2017
  10. sss12

    sss12

    I'm not sure what cash settled futures have to do with the volatility of the under lying ? care to explain ? not being snarky, just curious.
     
    #680     Dec 15, 2017