Not really. Bitcoin is usually boring in the months post halving. Failed cycle is possible, though unlikely in my eyes. In the long term, M2 continues to increase, alongside government deficit spending. Meanwhile, Bitcoin only becomes more scarce as stock to flow increases and more coins make their way into the wallets of long-term holders.
It's a sign of an immature market. Which is sensible upon realizing the total value of Bitcoin is $1.1 T, and it has only existed for 16 years. Compare how Bitcoin treats long-term savers versus the USD.
I will grant you this argument point. Now, silver is a consumable resource, in many industrial uses, so, there's a drain in the supply available, as it is used in these ways that demand for it draws out from the supply, in a counteraction to this granted point.
Bitcoin's agreed upon supply does not replicate physical properties of precious metals. They are not the same. They are on different sides of the speculation spectrum for commodities, one conservative, one speculative risky as can be.
A lot of gold and other precious commodities (like jewels) only have artificial scarcity. The miners collude with each other to keep the supply limited. This is especially the case with commodities like diamonds, where a tiny number of monopolistic companies make sure to limit mining.
It has the apparent element of a traditional Ponzi scheme, if you don't know how to profit if the price goes down once you buy some, in that low information "experts" firmly believe that the only way to make money off it is to have a "greater fool" let you sell them your satoshis for a greater price than you pay for them. People making money off bitcoin writing smart contracts to profit off of put options apparently is also a ponzi scheme to them though, so they either don't understand or have wrong definitions, which leads to not understanding.
Miners can decide whenever they want to increase the supply to infinity.
No they can't, full nodes will reject their blocks. Actually, it's so obvious any validating node will reject them.
Whoops, I have more hash power and thus the longer chain. Turns out you actually own a shitcoin and not the True Honest Bitcoin.
Bitcoin hasn't hardforked for the entire time I've owned any, I doubt it would be that simple.
As with any volatile commodity, there are always going to be the dummies who buy because the price has been going up, while disregarding that every high point ends with a selloff. It lacks the fundamental aspect of a Ponzi in that by the end of the scam, a Ponzi invariably collapses because the assets claimed to be backing it DO NOT EXIST and they can no longer bring in money fast enough to pay the "profits" to existing victim/perps (because anyone deliberately investing in such a scheme is motivated by greed).
