Topic: Bitcoin is rare - page 8. (Read 2424 times)
For now I will say Bitcoin is partially rare, if bitcoin is totally rare then it price will raise uncontrollably because it will not be common the way it is now those who have it will hold it strong without panicking of profits lost and price drop. Many holders who are not patient and are afraid thanking many negative thoughts about bitcoin are dumping it which keeps affecting the price.
Apparently this has been one of the supposed advantages of bitcoin that many assume will increase its value over time, however the simple fact that something is relatively scarce does not automatically make it valuable if it is of no interest to buyers.
But it must also be borne in mind that through hardforks some people have found a cheatinghis solution to this problem, so that if at a time there are 100 new forks and all claim to be the real bitcoin, the problem of scarcity is overcome and there will be 2.1 billion bitcoins waiting to be recognized as the original bitcoin.
But it must also be borne in mind that through hardforks some people have found a cheatinghis solution to this problem, so that if at a time there are 100 new forks and all claim to be the real bitcoin, the problem of scarcity is overcome and there will be 2.1 billion bitcoins waiting to be recognized as the original bitcoin.
Nothing is going to happen in a few years, you just need to be relaxed and try to see how the market is going to move on the next few months, ebcause it will be pretty shocking
There's a fixed supply. it cost more money to find gold than it does to buy gold. Unless of course you make a huge invesment in a gold mine but here you have a chance at both profit and loss. it is impervious to politics. the government could fall into collapse or communism and so long as you can hide it you can still spend it around the world. People began accepting it as payment at some point in history this caused more people to accept it since it could always be sold to the exchanges that why bitcoin is rare and truth.
now it's rare to use bitcoins, probably because the bitcoin price is going down all the time, and as a result it does not like bitcoin as much, I hope the bitcoin can get better and better
Bitcoins are becoming scarce and difficult to exploit. This means that the value of it is pushed up quite high. When the demand is greater than the supply I do not know how much value it will be pushed to.
You know the rule of supply and demand? When there are so much stock like so many big macs around the corner of the streets, there could be a competition, thus in order for those seller to earn profit, they will bring the price down so they could get the attention of the customer and bought from them. The opposite of such is like buying a tiger, due to its legality and few company that could selli. They could be also hard to find, thus the price could go up if there are also people who want to buy. However, even an item could be rare and hard to find, if there are no person interested on that item, the price could be drag down. But the number of bitcoin to be mined are still not present to the circulation, thus it can't be the driving force of price hike. The most driving force of it is the supply and demand.
when bitcoin becomes rare, then bitcoin prices will be very expensive, bitcoin will be sought by everyone in the world. but the whales will get more advantages
You are right, when the amount of demand in the market increases while the supply is limited, then the price will increase. That is economic law. Moreover, the number of bitcoins created is limited. Rare items must have fantastic prices.
Price increases and discounts depend on those who want to own bitcoin and sharks. At present the bitcoin community is very large and they are the amount that creates the price increase and discount for Bitcoin. 4 million bitcoin is large and it is not easy to exploit that amount of bitcoin as the bitcoin difficulty increases day by day. If bitcoin mining is no longer profitable one day, the miners will stop mining. I would like to not predict what I want to make the future decide
Bitcoin is very rare now because there is a huge demand in the market and that is the reason why people hold it for the long term.
but with the direct assumption that it would be more expensive if Bitcoin is available that will be mined even if the limited supply continues.
but with the direct assumption that it would be more expensive if Bitcoin is available that will be mined even if the limited supply continues.
In my opinion bitcoin is really rare bitcoin Bitcoin has such a contact in the world. So much is popular and it is. The number of botcoin users is increasing day by day. bitcoin above all cryptocurrency. bitcoin cryptocurrency of a highlevel.
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.
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.
yes you are right I think bitcoin is very rare because the longer the bitcoin is circulated the more difficult it is to get because bitcoin has a very limited total supply and the mining also has difficult to get bitcoin.
Yes I agree that bitcoin is rare because of the prices they offered and the benifits .This is not commonly used by any forum to earn and gain money that's make bitcoin unique .
The reason is supply and demand.. The more people want it, the higher its price spikes up.
when bitcoin becomes rare, then bitcoin prices will be very expensive, bitcoin will be sought by everyone in the world. but the whales will get more advantages
yes bitcoin is rare but when its price is too high What do you mean by that? That when Bitcoin has a high price that is the time when it gets rare? No, Bitcoin become more popular when its price go up the reason we can't call it rare. But if Bitcoin is really rare and I have some good amount of it maybe a hundred, that will bring me a lot of fortune. A lot of people want something rare and they will pay you a good price just to buy it from you.
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.
This could be one of the reason for the inflation issue n the valuation of bitcoin but the major cause for inflation in the bitcoin is governed by the number of investors I guess, the more the number of investors the higher will be valuation and vice versa and the second most important reason for inflation in the valuation is the bitcoin whales who invests very Holyhead amount of bitcoin and thus inflating the valuation and probably this could also be the reason for inflation in the valuation that bitcoin is rare. 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 think the price of bitcoin grows not only because it is rare, but also because it is convenient, popular and universal as a currency. In the end, they will go from hand to hand and still will not go anywhere.
About rare, I think from time to time and so on., it will become rarer and have impression more special for many people. But apart from that., doesn't rule out the possibility that bitcoin will last forever despite many attacks or whatever it is.
Investing in bitcoin is not as easy as one might imagine, it is not easy or easy and in rare it means that not all successful investers of all investors should be prepared to face a risk including coin prices or problems when we are rebuked by moderators because we make mistakes, we must also be careful be careful when will act make sure our ways and reports are correct and reasonable like the question in this bitcoin forum
investers must also be ready to lose and ready anything in this field of success or not it is not in thought and in fear first, which is important we try and try to give the best.
investers must also be ready to lose and ready anything in this field of success or not it is not in thought and in fear first, which is important we try and try to give the best.
when bitcoin becomes rare, then bitcoin prices will be very expensive, bitcoin will be sought by everyone in the world. but the whales will get more advantages
yes bitcoin is rare but when its price is too high Jump to: