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Topic: Bitcoin is rare - page 4. (Read 2424 times)

jr. member
Activity: 332
Merit: 1
September 19, 2018, 04:02:47 AM
https://www.ccn.com/only-another-four-million-bitcoin-will-be-mined-heres-why/amp/


Bitcoin is rare . Just only 4 million left to be mined. Is this the reason why , the price increase?  Need to know your opinion too.

My saliva is rare too. Only I can produce it and once produced, its authentic with my DNA. And my salivary glands are capable of producing only limited quantity of it. Does that make my saliva expensive? Well... I dont know...
full member
Activity: 359
Merit: 100
September 19, 2018, 03:36:01 AM
https://www.ccn.com/only-another-four-million-bitcoin-will-be-mined-heres-why/amp/


Bitcoin is rare . Just only 4 million left to be mined. Is this the reason why , the price increase?  Need to know your opinion too.

I guess it is the sign that bitcoin will be more valuable because once all bitcoin will mine theres a tendency to lessen the supply in the narket. And the demand will high and might be moderated the fluctuations of its value.
jr. member
Activity: 128
Merit: 1
September 19, 2018, 03:09:41 AM
maybe, but that doesn't mean that bitcoin will disappear and become a step. it will be the opposite for bitcoin and Bitcoin will become more positive in the future. if they want to hold back in scarcity for how much time maybe bitcoin will come back to triumph, this will make people use bitcoin even more and prices will definitely rise again.
full member
Activity: 434
Merit: 101
September 19, 2018, 02:26:15 AM
In the past few years i was watching the crypto currency which is now less using but still it's use for the business man and other users it is very important for their business and other uses it is valuable to them it is not rare because the market is showing active participation of bitcoin.
full member
Activity: 476
Merit: 100
www.daxico.com
September 19, 2018, 02:05:35 AM
In my own opinion, the basic concept of investment is that when the supply is high, the price is also low and vice versa. What causes bitcoin's market price to go up high is the increasing demand of bitcoin from old and new investors over the low supply of bitcoin.
sr. member
Activity: 1680
Merit: 262
September 18, 2018, 11:39:43 PM
I have a question, when bitcoin is mined, the supply in the market will decrease, right? but when whales sell all their bitcoin in the market, is the supply recovered? so the price goes back down? actually in the cycle where we are, bitcoin is mined, bought, and then sold again, like rotation on a wheel.
jr. member
Activity: 504
Merit: 5
September 18, 2018, 11:29:51 PM
Bitcoin is rare, which is the reason why Bitcoin is value. And the demands is more higher than the supply reason be that those holding the coin are not ready to dispose it which also gives value to it. Also the mining process is getting more difficult since the number left to mine is less than the one already in existence so bitcoin is really rare.
full member
Activity: 403
Merit: 100
September 18, 2018, 11:22:56 AM
The many requests for Bitcoin in the crypto market that are happening right now make bitcoin rare and the price is expensive, I think that is the reason why people are eyeing it for the long term. Also, there are only 4 million bitcoin left to be mined. So that means, after all bitcoin is mined, the price will rise. But we can't really say it will soon because the closer we are to the last bitcoin, the harder it will be for miners.
newbie
Activity: 100
Merit: 0
September 18, 2018, 11:01:52 AM
yes bitcoin is rare, but mining is still available, low value makes bitcoin enthusiasts go down, this is very interesting for us to add enthusiasm to mine.
jr. member
Activity: 313
Merit: 1
September 18, 2018, 10:55:12 AM
Yes, Bitcoin is rare. This is not only about the remaining 4 million left to be mined. It's about 21 million Bitcoin for everyone in the world. And yes this is the reason for price increases. However, as we know, the most important thing in price increases is the amount of demand for Bitcoin.
full member
Activity: 658
Merit: 105
September 18, 2018, 10:24:51 AM
Of course bitcoin is rare, it is the only experiment that has managed to simulate rarity in the digital world, and it isn't a technoogy. But an economic expedient. And as there is less and less to be extracted, the value will certainly increase.
full member
Activity: 2576
Merit: 205
September 18, 2018, 10:18:35 AM
I think the price will rise. But what you are talking about is not what causes that. 4 million coins left to be mined. But the circulation supply is still rising.
More supply ----> Lower price


No need to argue on that yes we should all know bitcoin is been a long time in the rare status
But all of these scenarios for bitcoin will be fix in the right time with success of victory for all of us
Price will rise again
full member
Activity: 294
Merit: 100
September 18, 2018, 09:58:59 AM
I think that the rarity of bitcoin-not much effect on the price. It seems to me that the news is the most important factor affecting the rise and fall in prices.
member
Activity: 350
Merit: 10
September 18, 2018, 09:54:09 AM
Yes bitcoin is rare, but its back again to the old and rise again, don't worry and afraid everything will be okay again, but doesn't mean that bitcoin will dead that is only the price not the whole bitcoin.
newbie
Activity: 5
Merit: 0
August 25, 2018, 08:19:28 AM
Its not rare cause there are lots of bitcoin that we see being used and traded everyday. If its rare, then we won't see it on some faucet and being used on buying things. Yes, it has a great value but we don't treat it as rare or some majestic things. It would be silly to think it as rare, better to think it as valuable asset.
newbie
Activity: 28
Merit: 0
August 25, 2018, 08:14:01 AM
It is really true to say that Bitcoin is rare. It is supposed that the demand of Bitcoin higher and higher so people often hold Bitcoin themselves. That 's a good signal which bitcoin will be go up price soon.
newbie
Activity: 23
Merit: 0
August 25, 2018, 08:11:54 AM
Well, you are right. Bitcoin is rare which is the reason why Bitcoin is value. Moreover, mining Bitcoin is more and more difficult. But I think it is good for Bitcoin to raise price more and more.
member
Activity: 377
Merit: 10
The Premier Digital Asset Management Ecosystem
August 23, 2018, 10:59:13 AM
I can say that btc is rare but it is worth it. To my mind, btc is the best coin ever and you should be able to invest in it because this is the best currency of the future which has many benefits compared to others
member
Activity: 672
Merit: 12
August 23, 2018, 10:45:58 AM
yes it is true that bitcoin is rare.  Had it not been rare; it's price would not have been so high.  But the price of something depends upon the law of economics.  i.e. law of demand and supply.

In the market when demand is up but supply is low the price will rise; we can experience in our daily routine while we buy vegetables or fruits; when in some season these are available in huge quantity but supply remaining the same the prices immediately falling.  But when season is off; the supply will be very low; then if the demand will be same then the price will go up.

In the same way if more and more people s tart investing in bitcoin so it's demand will increase but it's supply can not be increased beyond certain level and suppose the holders do not want sell then the price will be touching very high levels.

so demand and supply play major role in deciding the price.
jr. member
Activity: 238
Merit: 2
August 23, 2018, 10:44:42 AM
When Bitcoin is running out, supply will be less than demand, leading to a rebound in Bitcoin prices and possibly a $ 20,000 increase. Experts have guessed about this. I think this will be a source of motivation for Bitcoin investors to be more secure about their wallets when Bitcoin prices are low and provide incentives for those intending to buy Bitcoin to buy Bitcoin at low prices and resell it. High price for long term investment...
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