https://timeb.news/tags/%E6%8C%81%E5%B8%81%E8%A1%8C%E4%B8%BA/Recent content in 持币行为 on TimeB.news – Time Economics & Scarcity TheoryHugoenMon, 15 Jun 2026 00:30:00 +0000https://timeb.news/zh-cn/posts/vintage-coin-supply-inelasticity/Mon, 15 Jun 2026 00:30:00 +0000https://timeb.news/zh-cn/posts/vintage-coin-supply-inelasticity/老币的价格供给弹性趋近于零——即使在 100 倍牛市中，旧 UTXO 仍然保持休眠。本文提出跨期供给无弹性 (ISI) 框架，量化币龄如何在 BTC、LTC 和 DOGE 上系统性压制价格反应能力。