The US Dollar is an “inflationary currency” meaning the more they print the less it’s worth. Bitcoin is “deflationary” becuase it is limited by design you cannot print more — the more people buy — the more it’s worth. That is as simple as I can say it.
More sellers than buyers. Imagine a whale or cabal has been hoarding BTC and steadily sells into smaller hands ...the amount of buyers shrink and get out of the way. It’s more sophisticated than this when they do a job....and this has been a coordinated “hit” so they could get in “lower”.
The US Dollar is an “inflationary currency” meaning the more they print the less it’s worth. Bitcoin is “deflationary” becuase it is limited by design you cannot print more — the more people buy — the more it’s worth. That is as simple as I can say it.
The US Dollar is an “inflationary currency” meaning the more they print the less it’s worth. Bitcoin is “deflationary” becuase it is limited by design you cannot print more — the more people buy — the more it’s worth. That is as simple as I can say it.
I get that. I have a question. When bitcoin is sold, then someone else is buying it, then why does the price go down?
More sellers than buyers. Imagine a whale or cabal has been hoarding BTC and steadily sells into smaller hands ...the amount of buyers shrink and get out of the way. It’s more sophisticated than this when they do a job....and this has been a coordinated “hit” so they could get in “lower”.
The US Dollar is an “inflationary currency” meaning the more they print the less it’s worth. Bitcoin is “deflationary” becuase it is limited by design you cannot print more — the more people buy — the more it’s worth. That is as simple as I can say it.