Why Nostr? What is Njump?
2025-04-24 14:30:20
in reply to

hamsi on Nostr: The supply can't be priced in because there's a liquidity issue. The people buying ...

The supply can't be priced in because there's a liquidity issue. The people buying are limited by cashflow. No one assumed it would inflate by 2% a year forever and suddenly started buying after the halving.

Bitcoin is bought by a lot of people who put all their savings into it and is sold by a lot of miners who need to pay bills now. That's why price goes up after halving.
Author Public Key
npub15r9hp5eq3a0heantnja4sth3ug277nhse9f3scu937mxfh0mpw8snt7dpl