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RE: If you bought $100 of Bitcoin 7 years ago
It is not a fallacy, it is obvious economic truth. If you bought 100 dollars worth of bitcoin when it was valued at .03 dollars each, you would hold 3333 bitcoins. Today those same 3333 bitcoins are worth over 20 million dollars. Where is the fallacy?
I wont say it is a fallacy but the crypto market does follow the supply and demand model. The supply is capped in bitcoins case and if there is a steady increase in demand the price will go up.