Topic: [2020-10-16] Institutions can cause Bitcoin shortages in the market (Read 118 times)
October 18, 2020, 08:46:48 PM
Bitcoin is divisible down to a satoshi. A great Bitcoin shortage will not occur for the next 100 years hehe. However, because of its limited supply, what we are presently witnessing is hoarding with a get rich quick mentality.
October 18, 2020, 05:50:24 PM
Bitcoins are not consumed. There will never be a "bitcoin shortage".
You're on point. There can only be a temporary drop of supply. Whatever we call it, it can indeed cause the price to surge and form a bubble. I wouldn't mind a quick 50k USD run up
October 18, 2020, 05:24:50 PM
bitcoin shortage won't happen, too many coins in the circulation, and takes another century to mine all the coins around the year 2140,
too many holders, miners, investors, although it's not dispersed unevenly among us.
They are trying to create fomo atmosphere, bitcoin price will soar but will be corrected, the cycle that repeats all the time.
too many holders, miners, investors, although it's not dispersed unevenly among us.
They are trying to create fomo atmosphere, bitcoin price will soar but will be corrected, the cycle that repeats all the time.
October 18, 2020, 11:38:28 AM
Lame try to cause fomo
October 18, 2020, 07:12:18 AM
In recent months, there has been a significant surge in demand for bitcoin from institutional investors. 10T Holdings co-founder Dan Tapiero believes this could lead to a BTC shortage over time.
Along with investments in bitcoin from Square, MicroStrategy and Stone Ridge, the investment fund Grayscale reported record inflows.
Yeah i agree that due to massive amount of investment in bitcoin by above companies upcoming purchasers have to search a little bit extra to get their coin but i don't think its gonna create a shortage in the market. Miners are continiously getting bitcoin and selling it to buyers to maintain their rig costs.Along with investments in bitcoin from Square, MicroStrategy and Stone Ridge, the investment fund Grayscale reported record inflows.
Recent bitcoin price stability proved that holders are not releasing their coins so easily and everyone is looking forward to make handsome profits in next bullrun. By researching bitcoin's past price records we can say that whenever bitcoin got good amount of investments from specific person or company it helped bitcoin holders to hold their assets for little longer and play the key role for price bump. Maybe we are going to experience something similar in the upcoming days.
The advantage of these people/companies that they do held significant amount which can really give out significant impact if they do decide to sell.
Its true and no doubt that it will put strong impact on bitcoin price stability. 
October 17, 2020, 12:39:45 AM
Bitcoin shortage is inevitable, when the last coin is mined, we expect big crypto games.
To know that the last Bitcoin would be mined on 2140. Even these companies would last for that long, i dont really see about Bitcoin shortages.
Circulation is still there and to know that bitcoin doesnt necessarily to be whole.Just determining it on fractions would already be enough..
The advantage of these people/companies that they do held significant amount which can really give out significant impact if they do decide to sell.
Dan Tapiero demonstrating that he knows nothing about how BTC operates. Any investor who uses this guy & his outfit would be wise to get their investment out quick.
October 16, 2020, 03:15:04 PM
Institutions can cause Bitcoin shortages in the market
10T Holdings co-founder Dan Tapiero believes this could lead to a BTC shortage over time.
10T Holdings co-founder Dan Tapiero believes this could lead to a BTC shortage over time.
Dan Tapiero demonstrating that he knows nothing about how BTC operates. Any investor who uses this guy & his outfit would be wise to get their investment out quick.
October 16, 2020, 02:38:37 PM
Bitcoins are not consumed. There will never be a "bitcoin shortage".
October 16, 2020, 09:49:49 AM
Institutions can cause Bitcoin shortages in the market
In recent months, there has been a significant surge in demand for bitcoin from institutional investors. 10T Holdings co-founder Dan Tapiero believes this could lead to a BTC shortage over time.
Along with investments in bitcoin from Square, MicroStrategy and Stone Ridge, the investment fund Grayscale reported record inflows.
In the third quarter of 2020, the company's bitcoin trust received $1.05 billion in investments. This marked the first quarter with over $1 billion in investments, which indicates record high demand from institutional traders. Based on these data, the fund buys about 77% of all coins mined by miners.
“Shortages of Bitcoin possible. Barry's Grayscale Trust is eating up BTC like there is no tomorrow. If 77% of all newly mined turns into 110%, it's lights out. Non-miner supply will get held off market in squeeze. Shorts will be dead. Price can go to any number, ” said the businessman.
Source: https://cointelegraph.com/news/shorts-will-be-dead-why-dan-tapiero-expects-a-massive-bitcoin-shortage
Read more news in our Medium channel: https://medium.com/@BestChange
In recent months, there has been a significant surge in demand for bitcoin from institutional investors. 10T Holdings co-founder Dan Tapiero believes this could lead to a BTC shortage over time.
Along with investments in bitcoin from Square, MicroStrategy and Stone Ridge, the investment fund Grayscale reported record inflows.
In the third quarter of 2020, the company's bitcoin trust received $1.05 billion in investments. This marked the first quarter with over $1 billion in investments, which indicates record high demand from institutional traders. Based on these data, the fund buys about 77% of all coins mined by miners.
“Shortages of Bitcoin possible. Barry's Grayscale Trust is eating up BTC like there is no tomorrow. If 77% of all newly mined turns into 110%, it's lights out. Non-miner supply will get held off market in squeeze. Shorts will be dead. Price can go to any number, ” said the businessman.
Source: https://cointelegraph.com/news/shorts-will-be-dead-why-dan-tapiero-expects-a-massive-bitcoin-shortage
Read more news in our Medium channel: https://medium.com/@BestChange
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