Topic: Bitcoin does not have limited supply - page 3. (Read 3276 times)
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.
bitcoin has only 21 million coins that is correct hard fork dost, not increase bitcoin supply it will create new set of coins.
and until whenever bitcoin will also never be able to be added and subtracted from the coins, because in the past it was already that amount of coins. therefore if the bitcoin stock is a bit, then of course the price of bitcoin will also experience rapid price increases 
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 )
huh I'm bored with this post, do you know that satoshi created bitcoin for only 21 million. there is also the discovery of hardfork is only an altcoin and not the expansion of bitcoin as you say and written on wikipedia
For what i believed is that bitcoin has only 21 million supply so i guess it has limited supply and when it will be mined all of it then it would a massive price increase of it. Before that to happen, it may takes years of it to get it all. To say fork is another bitcoin, then they are wrong. It's just a new coin that created by another person to give value of it and present it to the market.
Bitcoin has a limited quantity which is 21 million and out of this quantity, only 16 million is in circulation. If Bitcoin is forked a new coin will be created with its own total quantity and amount in circulation also, an example is last year when bitcoin was forked and BTG was created. BTG is a coin of its own standing and not bitcoin (BTC). It did not add to the original quantity of bitcoin in existence rather it is a different coin.
support and recognition is the most important. no one support, the chain serve no purpose. no matter how many times you fork.
It is obvious that bitcoin has limited supply: 21m
no its not true...! bitcoin is limited to 21 millions supply
I think it has not reached the highest level of supply, because the price of 2015 is already 20k is approaching 21k, and the future will be able to pass. In addition to the weak beginnings, I am waiting for a breakthrough in the future to confirm that what I say is true.
The forks do not produce new bitcoin. Only the idiots who do the forking claim that it is the original bitcoin and such. They are causing all these havoc right now.
Well it was just only being forked and the supply for bitcoin will not go high. The supply is still limited but the only thing that matter is the market price. The higher the demand for bitcoin the expensive its market price will be. Bitcoin fork does not mean that the bitcoin supply has added instead it was just part of bitcoin. Bitcoin fork will just let the bitcoin market price goes higher.
Does bitcoin fork meaning that merging of that crypto to the BTC? Like to what BCH did to bitcoin? News came up earlier that BCH has doing hard fork on BTC. However, after the bitcoin fork the market price for bitcoin relatively drop for more and made some to panic and then sell away their bitcoin holdings. So, what really the result of dong hard fork on BCH to bitcoin? It does not increase bitcoin market price either. 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 argument needs a very simple logic. When you fork Bitcoin, the fork is not Bitcoin. It simply means you are releasing another coin from Bitcoin which can never be called Bitcoin anymore. Do you think you can have a forked Bitcoin which is also called Bitcoin? No. In this sense, Bitcoin Cash, Bitcoin Gold, Bitcoin Diamond, and so on and so forth are not Bitcoin. They may be forks of Bitcoin but they are essentially alternate cryptocurrencies.
Regardless of the forks bitcoin is restricted to 21millions and that can't be changed. Each and every other coin that turn out as a result of fork has nothing to do with bitcoin, aside from a piece of the name however basicly these are simply altcoins that don't influence the bitcoin supply. What's more, when the farthest point of mined bitcoins is accomplished the cost will have the tremendous siphon.
bitcoin has limited supply, the max supply is 21M coins
As there is limit for everything, like that bitcoin also have limited coins supply that 21 million.
Bitcoin have limited supply is appear of how much price higher of bitcoin, by having unlimited supply I think bitcoin price will be the same like altcoin with lower price, but we never could hold bitcoin at the same time together.
I disagree, Bitcoin have limited supply of 21 million, if someone forked Bitcoin and created a new version of Bitcoin it doesn't mean that the supply will increase because the forked coins and Bitcoin will work on different blockchain. The hard forks may help to increase Bitcoin price and the demand because people will surely dump the coins they will get from the hard fork to buy more Bitcoin, but that doesn't mean that it is the only reason why Bitcoin is skyrocketing because the real reason is more and more people and business are adopting Bitcoin.
no its not true...! bitcoin is limited to 21 millions supply
That's quite true that forks are creating value out of nothing, but at the same time, the coin that gives birth to the fork loses some value. Ideally, this must be balanced, but in practice, the summed value of the fork and its original currency outweighs the original value.
bitcoin has only 21 million coins that is correct hard fork dost, not increase bitcoin supply it will create new set of coins.
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 )
yes that's just your assumption, this is the technology with the findings of new findings such as the discovery of hard forks is a gift for us to make a profit
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