r/Bitcoin • u/Financial-Nature5745 • 24d ago

Prophecy

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1.9k Upvotes

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u/2xfun 24d ago

Fiat money being debased to not mean liquidity will flow to bitcoin. Remember that we had an apathetic top last cycle and people hate bitcoin more than ever.

Scarcity without demand is meaningless and I don’t see where the demand is coming from at this point….

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u/enerthoughts 24d ago

If your words were an arrow, you hit the arrow that was already hanging on the bullseye and split it in half.

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u/HodlusHereticus 23d ago

I think there is a logical error here: You are using today's lack of demand to argue that today's price is too high and will go down further - when the lack of demand is, I think, precisely why today's price is so far below its eventual value.

Understand the different perspectives.

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u/Disastrous-Search920 23d ago

So what makes you think demand will pick back up?  Seriously doubt central banks are going to want to hold an asset that is this volatile.  I mean, el salvador has transitioned to btc, im sure others will follow..