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S&P 500
5,222.68
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US TECH 100
17,652.00
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0.06%
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Dow Jones
39,512.84
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Bitcoin
60,864.54
(
0.11%
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biocqr

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biocqr

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Re: biotech_researcher post# 15637

Thursday, 11/16/2017 3:44:15 PM

Thursday, November 16, 2017 3:44:15 PM

Post# of 29304
How does increasing the supply of BTC give it more value? Does the value of the $ go up when the Fed takes on more debt and increases the $ supply? There's a finite amount of gold in the world. They mine more gold every day but it's scarce and at some point there will be no more left to mine. Will the value of gold go down when there's no more left to mine?

The Jesus painting by DaVinci just sold for $450M at auction today. There were only 20 DaVinci paintings ever produced.

Please explain why it's a deal breaker.
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