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<p>[QUOTE=&quot;-jeffB, post: 6458722, member: 27832&quot;]Yeah, and I don&#039;t know how to reason about it.</p><p><br /></p><p>I mean, eBay could have decided &quot;we&#039;ll never allow more than 1,000,000 active auctions at one time; if there&#039;s more demand than that, sellers will just have to pay more for listing fees, and buyers will have to bid higher on the reduced number of auctions&quot;. If they&#039;d done that, people would have <i>flocked</i> to other sites. But it&#039;s a broken analogy in several ways.</p><p><br /></p><p>With Bitcoin (and crypto in general), supply is crystal-clear, but I don&#039;t know how to nail down demand.[/QUOTE]</p><p><br /></p>

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