Mmm the way I see it; supply and demand drive the price.
When you sell bitcoin you increase the supply. If there is still more demand tho the price will carry on up until it reaches equilibrium.
When you buy with bitcoin you don’t increase the supply, you just transfer ownership (unless the merchant sells it immediately for fiat). In fact it’s increasing demand because you signal that bitcoin can be used to sell goods and services which increases the likelihood that merchants price in Bitcoin, driving adoption and demand, pushing the price up.
timosolo / The Tim
npub10d…425xf
2026-09-21 11:25:59 UTC
in reply to nevent1q…hzkj
Author Public Key
npub10dnz5lq3nrvjamffvh5y3eacnyxgafryp3jjdda24askf2jvt0zsz425xfSeen on
wss://relay.damus.ioPublished at
2026-09-21 11:25:59 UTCEvent JSON
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