Topic: Bitcoin limits - page 2. (Read 793 times)
Yeah, right, there's a limit of 21 million. If it were not for the limit, there would be no value.
Hi all members , I have a question to ask :
I read somewhere that bitcoin market is limited ie number of bitcoins in market shouldn't exceed limits .
Is that true ? If yes; why?
Thanks in advance
Bitcoin is limited only by the amount that will be discovered exactly around 2035-2040 when all resources are dug, regards. I read somewhere that bitcoin market is limited ie number of bitcoins in market shouldn't exceed limits .
Is that true ? If yes; why?
Thanks in advance
Hi all members , I have a question to ask :
I read somewhere that bitcoin market is limited ie number of bitcoins in market shouldn't exceed limits .
Is that true ? If yes; why?
Thanks in advance
I read somewhere that bitcoin market is limited ie number of bitcoins in market shouldn't exceed limits .
Is that true ? If yes; why?
Thanks in advance
Why? Because unlimited supply would bring devaluation issues like we know from fiats ( those are unlimited supply ).
Actually there will be less than 21 mil. BTCs in circulation (mostly because lot of people lost their private keys ).
The supply is 21 millions (bitcoins that will ever exist) which will be completely mined by 2140 while the ones in circulation right now are ~16 million (take off the ones that has been lost etc.). This was done in purpose because If we had an unlimited supply, It will just kill the price.
Very well explained , thanks 
The supply is 21 millions (bitcoins that will ever exist) which will be completely mined by 2140 while the ones in circulation right now are ~16 million (take off the ones that has been lost etc.). This was done in purpose because If we had an unlimited supply, It will just kill the price.
Hi all members , I have a question to ask :
I read somewhere that bitcoin market is limited ie number of bitcoins in market shouldn't exceed limits .
Is that true ? If yes; why?
Thanks in advance
I read somewhere that bitcoin market is limited ie number of bitcoins in market shouldn't exceed limits .
Is that true ? If yes; why?
Thanks in advance
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