Bitcoin is something new. It seems to defy understanding. Has there ever been a fixed supply money? Is there another case of production cost varying directly with product
price? Is there anything else with a competitive yet fixed rate of transactability? To see past the hype, understand the value proposition, security model, and economic behavior, this may be your only source.
Bitcoin is not something new, it does not defy understanding but novice that knows nothing about bitcoin can say that. Only 21 million bitcoin will be created, only approximately 18.7 million have been mined. Is electricity cost constant? Are mining equipments prices constant, will maintenance cost be constant? Why will production cost be constant, it is not possible. price? Is there anything else with a competitive yet fixed rate of transactability? To see past the hype, understand the value proposition, security model, and economic behavior, this may be your only source.
It is not new and you can not call anything with more than 10 years old is new. You can call it is immature instead.
That is correct, bitcoin is no more new because it is over 10 years old now, it is not also should be deemed immature even if it is still getting further to $100000 price or higher because its marketcap already is over $1 trillion, there are many mature assets that are not having such huge marketcap. 
