BTC willl not reach $10.000, because BTC mining is going up worldwide and therefore, price will not go so high.
this is no sense, because with the halving the mienrs will not dump so much, actually their dumping pressure is not that significant for the market
what is really matter is the demand not the supplyGosh, the price is where supply meets demand. To say supply doesn't matter ignores literally half the price equation.
the supply is always the same, because there basically the same people that are dumping and manipulate the market
the demand on the other hand can grow to unbelievable level or remain the same, or diminish, demand is the key factor
only with a bigger demand a better price cna be achieved, with a lower supply you will not have a better value than the current one
Supply is not always the same. The supply changes just as quickly and easily as demand. Both are equally important to price. When the government was selling off the Silk Road coins, it wasn't lack of demand that was pushing price down, it was a glut of sudden supply. The whole point of Bitcoin is to limit supply, that's just as important to price as demand.
that was a case because those coin were confiscated or seized or whatever, but usually there are only the same people that dump in the market, the demand is what matter more, and what will make bitcoin skyrocket
i'm talking abotu aa demand that is not here at the moment, the demand that will come from average joe, now for example we are not increasing because of the demand...
an example whyt he demand matter more, if bitcoin were used directly instead of dumped, the supply would be pointless, if not for trading, and the demand would be the only great factor
this will be true when the acceptance will be big enuogh, and again this is only possible with higher demand which will call an huge aodption
Where supply comes from is irrelevant. It doesn't matter that those coins were seized. It only matters that they suddenly became part of the active supply.
As for your example, if bitcoins weren't dumped, and only traded for goods/services, the active supply would be less and the price would be higher. That's still supply-side, not demand.
