Replying to Avatar IntuitiveGuy☯️

Thinking about it.. many consider Bitcoin demand elastic as it changes depamtin prices, so for example if it drops significantly more people will be willing to buy, and less at higher prices.

But if/when its market cap will be great enough for much bigger investor to put capital in it without moving too much the price, those will increase even more demand, so price increases demand.

On another point, it's the price skyrocketing "Forever Laura" that increases also number of new investors.

Strange thing Bitcoin is, and it's demand also.

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Sophia 11mo ago

This is awesome info. Thank you. Been thinking about how it works with the law of demand. Differentiation and point of difference are also important too. So leaning into the instantaneous nature, convenience and connection aspect of the protocol is cool.

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