Topic: Bitcoin does not have limited supply - page 2. (Read 3283 times)
we all don't know, what is the amount of bitcoin supply that will circulate in the crypto market. if the amount of bitcoin supply is not limited then this currency will experience a very significant price decline because supply cannot be controlled while demand depends on investors.
if in my opinion. although bitcoin has limited inventory. but there are still many altcoins coming in so that it can become a backup for bitcoin.
The bitcoin and blockchain technology has a feature that makes it entirely interesting which means that it has the inmmutable ledger system that is transparent enough for everyone to see. if the supply of bitcoin is not limited, you can lookup on coinmarketcap.com and check for clarification.
i think your idea is wrong bcz bitcoin supply is limited 21 million.
after fork we can see some coins generated but thats are not bitcoin.they are different and not bitcoin.
after fork we can see some coins generated but thats are not bitcoin.they are different and not bitcoin.
sorry, you got that all wrong, Bitcoin supply is limited to 21 millions only.
You have to know some certain things about bitcoin fork else you will be confuse. There is a big difference between bitcoin and the coins that came out as an outcome of bitcoin fork, To me they are all alternative coin.
We all know the 21 million as the maximum Bitcoin supply, but that's only the maximum numbers of bitcoins people can have in there private wallets.
When you buy a Bitcoin on an exchange that Bitcoin don't have to exist as long as you don't withdraw it to your wallet, no once but the exchange know if that Bitcoin exist.
Even worse is that with Bitcoin EFT the number of Bitcoin are unlimited, exchange can now sell Bitcoin that don't exist, the Bitcoin short have been going on since the first Bitcoin EFT in December 2017
When you buy a Bitcoin on an exchange that Bitcoin don't have to exist as long as you don't withdraw it to your wallet, no once but the exchange know if that Bitcoin exist.
Even worse is that with Bitcoin EFT the number of Bitcoin are unlimited, exchange can now sell Bitcoin that don't exist, the Bitcoin short have been going on since the first Bitcoin EFT in December 2017
It's not a new thing that bitcoin supply is pegged at 21 million. Extension of new cryptocurrencies through bitcoin does not affect it's supply. Everyone operates on their own as thought they exist through the blockchain but their supply can't be added to that of bitcoin. That's how it is.
actually, bitcoin does not have the limited supply. but the real fact is the bitcoin-only have the 21 Million supply. but there are many variations of bitcoin. because of hardworking like BCH, BTG and the other currency
maybe I, as far as I know, has limits and I just know that if it is unlimited, we are all very happy because we can save our coins as an investment and sometimes we sell when we need it. Maybe that's all I can say.
The argument is again and again that the value of Bitcoin will increase because supply is limited to 21 million. But this is quite simply wrong. Every time Bitcoin is forked that is in real terms an expansion of the Bitcoin currency beyond 21 million. To some degree the same is true of alternative crypto currencies which will flood the market. There is already more than 1000 cryptocurrencues ( https://en.wikipedia.org/wiki/List_of_cryptocurrencies )
The revolution of bitcoin is continuously. So , the supply is not limited even until the 21 million will be harvested. One thing more to consider was that , there are so many alternative coins that coming up for the short time investors. Users always been have their own choices in investing. Despite all of these, bitcoin Value will never been affected. It always the dominant from all other kinds of coin.
This is true, the bitcoin total supply is been practically and academically increase from 21million by reason of many forks. So technically, the fund that would have been used in trading the bitcoin will have to be partly diverted to other forks of the bitcoin thereby diluting the market and price of the bitcoin. I think all these forks have to stop.
Those forks don't produce Bitcoins. They produce worthless alt-coins. There will be almost but not quite 21million bitcoins. That is a mathematical fact.
People should however be free to throw their money down the toilet buying them if they think their daydreams will come true as a result.
What ever bitcoin fork is, or how many fork will created, cannot change the fact that still 21 million bitcoin is circulated in the hard fork. but it will make more bitcoin fork maybe it will be make bitcoin price vulnerable.
yes Bitcoin have a limited supply up to 21 million. The value of Bitcoin will increase day by day due to limited supply of bitcoin
Forking does not in any way effect the supply of bitcoin it just a way and manner to separate or give out incentive to loyal user with skills, the total supply of 21million bitcoin is already written in stone and nothing can change that unless the sole developer's do otherwise.
Thats right, supply will never change, it will remain the same even though halving and fork come, so you don't need to worry about this, if bitcoin doesn't have limited supply surely the price won't be worth this high mate
Bitcoin always has a limited supply and you can not change that even with the endless fork. When Bitcoin is split in the real sense
Actually it’s a basic knowledge, every bitcoin fork is actually not bitcoin but it’s a new altcoin created. And that's why bitcoin have limited supply that we already know the supply is 21 million, but from the bitcoin fork it’s altcoin that has a lot of supply or arguably unlimited.
bitcoin have the limited supply of 21M, and already 17M coins mined, only 4M coins remaining to be mined.
2 useful applications for cryptocurrencies monitoring and trading!
Mammon
You can find out the percentage of cryptocurrency rise or fall, price refresh rate according to your settings: daily or each hour.
Mammon allows to calculate the total sum of your earnings per each cryptocurrency or all of them together. This platform differs from the others, as here you can set a target price for cryptocurrencies you want and get the notification if any of them reaches the threshold.
You can download Mammon at the official site.
Delta
If your chosen cryptocurrency exchange does not have a mobile trading application (like Bittrex or Poloniex), Ztrader allows Windows and Mac users to connect via the API and execute transactions.
Delta is a great application for serious cryptocurrency trading. It creates a pie chart of a cryptocurrency portfolio and provides the calculation of such parameters as realized and unrealized profits, as well as reports on tax returns. You pay taxes, right? Of course yes. To use all the features of Delta you need a subscription. The service is provided by a great app for Windows and Mac.
You can download Delta at the official site.
Read more:
https://telegra.ph/2-useful-applications-for-cryptocurrencies-monitoring-and-trading-11-14
Mammon
You can find out the percentage of cryptocurrency rise or fall, price refresh rate according to your settings: daily or each hour.
Mammon allows to calculate the total sum of your earnings per each cryptocurrency or all of them together. This platform differs from the others, as here you can set a target price for cryptocurrencies you want and get the notification if any of them reaches the threshold.
You can download Mammon at the official site.
Delta
If your chosen cryptocurrency exchange does not have a mobile trading application (like Bittrex or Poloniex), Ztrader allows Windows and Mac users to connect via the API and execute transactions.
Delta is a great application for serious cryptocurrency trading. It creates a pie chart of a cryptocurrency portfolio and provides the calculation of such parameters as realized and unrealized profits, as well as reports on tax returns. You pay taxes, right? Of course yes. To use all the features of Delta you need a subscription. The service is provided by a great app for Windows and Mac.
You can download Delta at the official site.
Read more:
https://telegra.ph/2-useful-applications-for-cryptocurrencies-monitoring-and-trading-11-14
I think that in the coming time, the value of Bitcoin will be improved. Which will improve our life too. Which will be our supply.
Jump to: