Topic: A big problem in bitcoin ??? - page 9. (Read 7863 times)
Unlimited Bitcoin generate not possible i think.Because now 21 million Bitcoin is fixed in my view.Of course BTC price is more rapidly increase.Because last six or seven months BTC is big increase.
the way I see it is that adoption and regulation goes hand in hand. regulation should not stifle innovation
In the most ideal world of cryptocurrency and Bitcoin, we don't need any regulations especially that one coming from the government because they are not basically compatible. However, we are living in reality. And so we have no choice but to make some compromises. In return for regulations, Bitcoin can be granted some legal status and can flourish under the same market...that is definitely better than being banned altogether.
I prefer that Bitcoin remain a symbol of freedom.
the way I see it is that adoption and regulation goes hand in hand. regulation should not stifle innovation
In the most ideal world of cryptocurrency and Bitcoin, we don't need any regulations especially that one coming from the government because they are not basically compatible. However, we are living in reality. And so we have no choice but to make some compromises. In return for regulations, Bitcoin can be granted some legal status and can flourish under the same market...that is definitely better than being banned altogether.
Maybe I missed this already being said...
You need to understand that the thing about Bitcoin being limited is that we may never seen that last coin. It's like a math problem that approaches zero, but never gets there. The difficulty never stops increasing. At some point it may take a year to mint one single coin. We just won't know till we get there.
You need to understand that the thing about Bitcoin being limited is that we may never seen that last coin. It's like a math problem that approaches zero, but never gets there. The difficulty never stops increasing. At some point it may take a year to mint one single coin. We just won't know till we get there.
the way I see it is that adoption and regulation goes hand in hand. regulation should not stifle innovation
The biggest issue of bitcoin in my opinion is network interruption or being in a "fierce debate" situation that affects bitcoin to be slower and more expensive to use.
Automatically, if the user does not exist then bitcoin has no value and if it has no value, the miners will not have a valuable value.
So all users must have an agreement and jointly promote digital technology that is virtual currency "bitcoin".
Automatically, if the user does not exist then bitcoin has no value and if it has no value, the miners will not have a valuable value.
So all users must have an agreement and jointly promote digital technology that is virtual currency "bitcoin".
i only think the reason will make bitcoin down is hackers or large price
It's bad thing is it is 10th power 8 so if it is .002 then its price is 10 time less than .02. Thats a great problem i have! It increase or decrease 10 times.
I think the number of bitcoin will not influence to the value of bitcoin if the number of users bitcoin also increase balanced. I just hope that bitcoin will survive in the future ant there are many people who intetested in bitcoin.
this is also the question in my mind for these past few days and yeah I thought that BTC value or price will decrease over the time because of nlimited generating btc by miners and other stuffs,,..
and I am reading some reply and comments and yet it answerd most of my question...
and I am reading some reply and comments and yet it answerd most of my question...
I am not sure that this section is right to post my thread .
my question is :
since it was already fixed by the bitcoin owner network that 21 millions bitcoin can exist in the whole internet
But now I heard that now the mining of the bitcoin will be unlimited , I mean unlimited bitcoin will generate by the bitcoin network .
If this is real news then the value of the bitcoin will go down speedly
It is because the supply is unlimited so it is simple to say that bitcoin price will no more increase rapidly ., so no more profit
what's your thought guys
my question is :
since it was already fixed by the bitcoin owner network that 21 millions bitcoin can exist in the whole internet
But now I heard that now the mining of the bitcoin will be unlimited , I mean unlimited bitcoin will generate by the bitcoin network .
If this is real news then the value of the bitcoin will go down speedly
It is because the supply is unlimited so it is simple to say that bitcoin price will no more increase rapidly ., so no more profit
what's your thought guys
No.. Is Not Possible. bitcoin supply could not increase any time. It all time fixed 21 Millions for whole world in bitcoin network.
Yes your bitcoin prediction is right if bitcoin increase supply then bitcoin price will be down.
So don't worry about this bitcoin supply it's fixed for all time.
the limited supply of 21 million Bitcoin is becoming a big problem these days. because demand is increased while there is no supply or limited supply.
that is stupidly wrong, the supply is there for a reason to ensure bitcoin scarcisity and make the value grow over time, if it was with bigger supply or worst with infinite inflation like doge, the value now would be shitty around $1
besides bitcoin is divisible and you can buy fraction, there is plenty for everyone
the fee will play a bigger role in sustaning the bitcoin network. Miners will still get coins, mainly from fees.
the limited supply of 21 million Bitcoin is becoming a big problem these days. because demand is increased while there is no supply or limited supply.
Bitcoin is not unlimited. It is fixed that 21 millions Bitcoins can exist in the whole internet.
Is this related to bitcoin core and bitcoin unlimited issues? (Hard fork).I think this only change the block, so BTC transaction process faster with cheap fee.
I still do not understand.
Chances are that it could happen but all the bitcoin users certainly hope the bitcoin price does not go down drastically, and if you have more accurate data about bitcoin prospects on August 1, provide data from sources that can be trusted
Bitcoin is not unlimited. It is fixed that 21 millions Bitcoins can exist in the whole internet.
Is this related to bitcoin core and bitcoin unlimited issues? (Hard fork).I think this only change the block, so BTC transaction process faster with cheap fee.
I still do not understand.
Its somehow pretty complicated because of the humor of bitcoin being unlimited only because of its name, the only thing that changes for bitcoin unlimited is the block, it utilizes the problems of bitcoin such as transaction fee and confirmation issue, having an unlimited transaction is what bitcoin unlimited features.
I keep looking for accurate information.
Indeed, the smallest transaction activity of the smallest bitcoin will inevitably affect the development of bitcoin for now and then but so far of course still has a good progress of bitcoin.
The total value of the existing bitcoin and the number of businesses using Bitcoin is still very small compared to that it should be. Therefore, small events, trade, or business activities can significantly affect the bitcoin price. In theory, this volatility will decrease as the market and technology of Bitcoin develop. Never before has there been a self-created currency, so it's very difficult (and exciting) for what will happen next.
The Bitcoin software is still in beta with many incomplete features that are still actively developed. New tools, features and services are being developed to make Bitcoin more secure and accessible to the public. Some of these developments are still not ready for everyone. Most Bitcoin businesses are still new and not. In general, Bitcoin is still in the process of growing up.
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