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0 sats \ 0 replies \ @itsrealfake 5h \ parent \ on: Dumping a fork coin doesn't crash its price bitcoin
Market price is an instance calculation.
instantaneous demand and instantaneous supply.
The conversion of BTC to USD happens at a specific moment in time for a specific quantity of USD and a specific quantity of BTC.
Here's something to think about:
Total supply of BTC can be calculated. Total supply of fiat can not.
And for that reason, BTC's total price = 21M/infinity