Will a lack of Supply Drive bitcoin price gains?
Could you elaborate on the potential impact of a lack of supply on Bitcoin's price? Given the finite nature of Bitcoin's supply, how significant a role could scarcity play in its market valuation? Would a reduction in available supply significantly drive up demand, thus leading to substantial price gains? What economic theories or past precedents support this assertion? And how would such a scenario be sustained over the long term, considering the volatile nature of cryptocurrency markets?