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2025-10-07 19:07:37 UTC

jakewoodhouse on Nostr: How many weeks will this continue for? Increase of demand, supply fixed, what ...

How many weeks will this continue for? Increase of demand, supply fixed, what happens? Economics 101, price action to the upside

The big difference with Bitcoin to every other economics lesson? Supply can NOT be increased. Every other commodity in existence can have additional supply brought online, be that Gold, Iron Ore, or Grain, but with Bitcoin it's fixed, as we know.

It's akin to a veblen good. The higher the price, the higher the demand

What a few weeks we have ahead

https://x.com/barchart/status/1975378173815869676?s=46&utm_source=substack&utm_medium=email