Riot Posted December 18, 2017 Share Posted December 18, 2017 I'm not sure if this sort of thing is allowed, but with the news buzzing about bitcoin and it's 'speculation bubble', and the 'inevitable crash', do we have to worry about anything like that happening to keys? I know the TF economy any the Bitcoin economy work quite differently, but is it still anything to worry about? Link to comment Share on other sites More sharing options...
ksolis01 Posted December 18, 2017 Share Posted December 18, 2017 Situations are completely different. Keys aren’t rising, ref is just going down in values since there is an infinite supply. Bitcoin has a supply cap and less isn’t being found overtime. Plus, people see the huge price increases and invest. That speculation of increasing prices is what is leading to the eventual bubble for bitcoin while keys aren’t changing prices but ref is. Link to comment Share on other sites More sharing options...
RED265 Posted December 18, 2017 Share Posted December 18, 2017 The most obvious difference is bitcoin is strongly based off speculation and a limited supply, while the key bubble is of two theoretically infinite groups of currencies, except one grows at a far faster rate, causing it's value to be lower over time as compared to the other Link to comment Share on other sites More sharing options...
Budi Posted December 18, 2017 Share Posted December 18, 2017 Zero correlation between the two. Link to comment Share on other sites More sharing options...
Ayab Posted December 19, 2017 Share Posted December 19, 2017 11 hours ago, Budi said: Zero correlation between the two. That's really incorrect. Look at CSGO Key prices for the past year compared with Bitcoins, I think you'll find a negative correlation. Bitcoins started rising dramatically in March - April of this year... https://opskins.com/?loc=shop_view_item&item=323587385 Look at the 360 day graph, you can clearly see it. Link to comment Share on other sites More sharing options...
grandma's cookies Posted December 19, 2017 Share Posted December 19, 2017 I'm already so tired of hearing about bitcoin Link to comment Share on other sites More sharing options...
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