Topic: Bitcoin shortage - Is it Possible? (Read 15846 times)
I don't think it's possible in future. If you see bitcoin now more popular and valuable cryptocurrency, people used to with bitcoin for trading, mining, gambling etc. Day by day it's became more useful cryptocurrency also valuable. If there any crisis come on bitcoin then maybe it's price fall down but shortage never happen in future I think.
Shortage of bitcoin is impossible to happen.
Why are you so sure?
There aren't enough numbers in the world for that to happen as it is divisible to 8 decimal places. we're just waiting for 1 sat to equal 1 dollar
Shortage of bitcoin is impossible to happen.
There is nothing like shortage in this space. Once a coin has declared its total supply and majority of it is in circulation then what’s next is for it to keep circulation from buyers to sellers and vice versa. This is one of the things that make the price increase. So there won’t be shortage there can only be price increase as a result of high demand.
Indeed, yes, no shortage of supply on bitcoin will happen because it has a circulation supply, especially most people were in trading. I know there are some people can't hold long their bitcoin, the convert into cash or in trading divert into other coins.Probably it will happen if all people hold long in their wallet, I still believed in the less demand will make bitcoin price grow up.
There is nothing like shortage in this space. Once a coin has declared its total supply and majority of it is in circulation then what’s next is for it to keep circulation from buyers to sellers and vice versa. This is one of the things that make the price increase. So there won’t be shortage there can only be price increase as a result of high demand.
I personally don’t think it would ever come to that point, since the value of bitcoin adjusts to satisfy the demand. I’d like to hear other opinions?
That depends on the part Bitcoin will play and on the units we use. For now we are far from shortage, of course. However, if the population and with it the amount of money in the world grows with Bitcoin taking the bigger and bigger stake in it, we might arrive to problems. Let's say we are in the world where Bitcoin is legal tender, transactions and fees issues are somehow solved and we come to the point when 1 Satoshi is worth around $1. This means that there are now some things that should cost less (say, a chewing gum or a candy), but it cannot, because we don't have anything smaller than Satoshi. I went through some discussions on the possibility to break down Satoshi into smaller units, and it seems that it's impossible currently but might be possible through gradual changes. If it is, Bitcoin shortage will not happen. If it's not, it might theoretically.best comment was explained in an easy and simple way
Indeed, the idea is merely theoretical and may be almost impossible
Taking into account that future developments may bear revolutionary developments that allow for significant qualitative transfers.
There is never going to be a shortage in the amount of Bitcoin available. The only thing that will be affected will be the price, if the price is high it means supply is lower compared to demand.
No, it is not possible. There can be shortage of Bitcoin, its scarcity will only lead to increase in value and don't forget and don't forget that Bitcoin has 8 decimal places which means even its dollar value increase drastically then there will be more functionality of those Satoshi units
I know it is not possible for bitcoin to be short but as much the bitcoin is being use by investors I am sure very soon it will be short I market so then people will be worry but I am sure it will make the price high all over us, price has started to rise at huge extent so as a investment bitcoin is getting value people are happy to invest and that leads bitcoin shortage I future.
I don't think it will lack if there is an increase in demand for bitcoin, that would be the value of bitcoin to increase higher.
I think can only happen if there can be a strong unity among all Bitcoin holders not to sell and not to use the coin to transact business anymore...much like the OPEC nations deciding nto to release any oil anymore. And I think this is impossible to happen. The real shortage can come on the personal level...shortage of cash to buy more Bitcoin especially if the price of Bitcoin can go astronomically high. Right now, there is the shortage of people who are buying Bitcoin and entering its ecosystem that is why we are still in the bear market. And I am worried with that...
No, it is not possible. There can be shortage of Bitcoin, its scarcity will only lead to increase in value and don't forget and don't forget that Bitcoin has 8 decimal places which means even its dollar value increase drastically then there will be more functionality of those Satoshi units
No I don't think it's happen in future, now a days bitcoin became more popular and people want to transaction with bitcoin. If users ar hold bitcoin then it's maybe possible to shortage bitcoin but the question is if they hold bitcoin, how they get profit by this? And day by day bitcoin became more useful and more valuable to the people.
I personally don’t think it would ever come to that point, since the value of bitcoin adjusts to satisfy the demand. I’d like to hear other opinions?
This is one point. This is fact.Then is next one, which is bitcoin you can divide in theory endlessly so you never run out of it in circulation.
For this two facts, this problem won't exist in Bitcoin.
Bitcoin shortage is highly possible. When the demand for Bitcoin exceed the amount of Bitcoin available in the crypto ecosystem, there will definitely be a shortage of it. But the time for the shortage of Bitcoin is not close. Just now, the amount of circulating Bitcoins are more than the demand rate of it in the crypto ecosystem.
Shortage of bitcoin is impossible to happen.
Why are you so sure?No it is not a possibility.
Supply/Demand. In bitcoin supply is very stable but demand is changing a lot. If demand grows 1000 times, that means btc price would grow a lot. At some point people would sell their bitcoins when demanders give better price for it.
Demand for bitcoin can increase prices, which is created because the positive issues of bitcoin that occur in developed countries will be globally compressed so that the needs of bitcoin are getting higher.Supply/Demand. In bitcoin supply is very stable but demand is changing a lot. If demand grows 1000 times, that means btc price would grow a lot. At some point people would sell their bitcoins when demanders give better price for it.
If a negative issue occurs, of course the price of bitcoin will also be affected and the transaction will become less frequent, so the price is depressed and slowly decreases.
I don't think bitcoin can ever run short because these days almost every crypto enthusiasts is either trading some of his/her or bitcoins or using it to pay for transactions he makes. Anyway if it ever gets to the point of shortage i hope to be holding some then because the price would surely reach another all time high again. 
It is not possible since there are more than enough bitcoin for everyone in the world. Bitcoin although a digital currency can be treated like any other commodity on the stock exchange. When the demand becomes high, people are compelled to buy it at a higher price. Bitcoin cannot experience shortage but the only thing at stake is that price would go high when supply does not meet demand.
Sure it's possible... When only 2.1 quadrillion people owns a single satoshi, there's no more satoshis left to distribute. Maybe in 200 years? Right now, we only have 7.3 billion people in the planet. Maybe an alien race with vastly larger population will cause a shortage, if they also buy BTC.
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