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In 2018, the currency movements: continue to rise or fall shrines?

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In 2018, the currency movements: continue to rise or fall shrines?
By the author: cheese, senior economist Erik Norland currency economics is the most surprising in its supply is very clear, demand is uncertain. COINS mining speed very predictable, and unlike most other assets, such as money or goods, the final supply is fixed number of know in advance. The number of COINS in any case not more than 21 million. Because of this characteristic, its supply almost no elasticity. No matter how high the price up to the number of miners dug into will be no more than 21 million. Moreover, prices would not necessarily stimulate COINS mining speed. Even faster, but also be tempted to miners dig more COINS now, but as the total supply is gradually close to the rigid cap 21 million, dig the COINS will reduce in the future. Supply lacks flexibility considerably may explain why the currency fluctuations is so intense. Compared with the elasticity of supply of goods, inelastic supply...
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