:thinking:


A recent analysis regarding supply and demand suggests that the end of the Bitcoin bull run will come not as a result of lack of buyers but because of an overabundance of supply. The supply, according to the analyst, will come through new and varied ways to trade Bitcoin and from Bitcoin hard forks.

The analysis stems from the dot-com bubble in the late 1990s, when any company with .com in its name instantly received a huge market boost. However, the end of the dot-com bubble occurred when a huge number of new .com IPOs flooded the marketplace, many of which were unstable business models.

For a while the market absorbed them, but when the market finally corrected it pulled the rug out from all of those businesses and only the strong survived.

Source: https://cointelegraph.com/news/oversupply-of-bitcoin-will-burst-the-bubble