Many believe that Bitcoin can't increase by 100% in just a weekend or overnight.
Since it hasn't occurred previously, it's assumed it won't happen again.
But that's not accurate.
The price of Bitcoin is determined at the margin.
Many believe that Bitcoin can't increase by 100% in just a weekend or overnight.
Since it hasn't occurred previously, it's assumed it won't happen again.
But that's not accurate.
The price of Bitcoin is determined at the margin.
If a significant buyer attempts to purchase more than what is accessible, the price will inevitably rise to meet their demand.
Who can say for certain that a country won't decide to print more money and acquire every coin available across all exchanges?