There is a reason why Bitcoin’s price has almost doubled in price
Beware Massive Bitcoin Shortage – Facts You Need To Know!
in just the last month! But, very few understand it, or ‘what it means’.
In this video I will explain, “what is happening”, “what is causing a massive Bitcoin shortage”, and “what this means for you, and me”.
There are 2 concepts you have to understand
First is competition, and its a beautiful thing. It inspires us as humans to try harder, to be better, and when businesses start competing for customers—it forces companies to innovate. We see better products, services, and prices.
The second concept is the “Economic Law of Supply”. Which is, (with all factors being equal), as the price of a good or service increases—the quantity of goods or services that suppliers offer will increase, and vice versa. The “Law of Supply”, says that as the price of an item goes up,
suppliers will attempt to maximize their profits by increasing the quantity offered for sale.
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