Yeah. It doesn’t seem that bitcoiners want to have a conversation around how illiquid bitcoin could become because of diamond hands. I would say that there are a few pow coins that our undervalued c...
That framing assumes that illiquidity will have the same effect as in traditional monatery assets, ie: dry up potential market activity.
Due to the absolute scarcity, demand is expressed only through price. We've never had an asset like that and believing the market will respond the same as it always has could prove unwise.
Due to the absolute scarcity, demand is expressed only through price. We've never had an asset like that and believing the market will respond the same as it always has could prove unwise.
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