Re:S&P Dow Jones Indices to launch cryptocurrency indexes in...
by asdffdsa on Thursday December 03, 2020 @12:31PM
(#25291641)
Are you disagreeing with the fundamental economics argument of supply and demand? More demand assuming a constant (forecasted) supply means the price will be higher.
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Re:S&P Dow Jones Indices to launch cryptocurrency indexes in...
by joosters on Thursday December 03, 2020 @12:56PM
(#25292046)
There's no constant supply of cryptocurrency, there are new types of coins created every day.
Re:S&P Dow Jones Indices to launch cryptocurrency indexes in...
by tcoff91 on Thursday December 03, 2020 @01:15PM
(#25292337)
Different cryptocurrencies are not fungible. New altcoins don't increase the supply of Bitcoin. It's not like they siphon much demand from Bitcoin either. Someone discovering a huge new source of Platinum doesn't fundamentally effect supply/demand of gold.