News for hackers. Stuff that matters.
Re:Bitcoin surpasses $50K as major companies jump into crypto by Zhyl on Tuesday February 16, 2021 @05:49PM (#26159785)
It's also a possible butterfly effect. Would Bitcoin have taken off without those specific few thousand coins in the economy?

If even half of Bitcoin holders at the time thought they'd make it big and held, how could Bitcoin have had the liquidity to gain value?

Re:Bitcoin surpasses $50K as major companies jump into crypto by AshWolfy on Tuesday February 16, 2021 @10:49PM (#26162420)
liquidity never mattered because its not a currency
Re:Bitcoin surpasses $50K as major companies jump into crypto by Zhyl on Wednesday February 17, 2021 @04:07AM (#26164300)
You still need trade volume. If there is no Bitcoin to buy, there is no Bitcoin to sell.
Re:Bitcoin surpasses $50K as major companies jump into crypto by AshWolfy on Wednesday February 17, 2021 @09:24PM (#26174707)
the bitcoin to sell is being mined, in hype driven markets restricted supply is no issue