Topic: Bitcoin shortage - Is it Possible? - page 3. (Read 15846 times)
The 21 million supply of bitcoin is not just number but a deflating commodity if the demand get higher the total supply the the price become the determining factor.
I dont think so,because bitcoin was continuing it rotation and the supply of its own was fitted for many people ,so the chance for the bitcoin shortage was so small,just remember everything was always move when you say cryptocurrencies.
Bitcoin becomes more stable if there is more bitcoin into circulation beyond the supply limit. As the demand to supply is the major factor making the price of bitcoin, automatically the demand for Satoshi keeps increasing same as that people now speculate about bitcoin. In this way to the population the 21 million bitcoin is more than enough.
I'm not saying impossible but it's highly unlikely. We have a huge amount of bitcoins lost in forgotten wallets etc true, but bitcoin is very divisible as many here already mentioned. Even if the value of a bitcoin goes to 1M, there's still enough satoshi to go around.
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?
Quite Impossible.
As Bitcoin is made with a specific specification which has given more potential to Bitcoin to maintain its distribution according to demand by controlling its price against fiat currency. As well as Bitcoin Bitcoin has a great feature to get divided into 100000000 parts which can be individually identified on a network and it's called Satoshi.
Bitcoin has a great future considering the technology behind it. The blockchain is really innovative and revolutionary technology can bring more flexibility, mobility, and transparency along with security for businesses in the coming future.
Bitcoin rates are based on increasing use and demand for the world and supplies available. If the world accepts this new technology, then definitely the price of bitcoin will be a skyrocket in the coming future.
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?
most of this will work in conditions like now, although only having a potential increase of only tens of dollars, I think it is still considered good. The only thing to do shortage is BTC should be stable, when that conditions doesn't meet, then you should avoid that
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?
There can be no shortage of bitcoin or other specific cryptocurrency in cryptocurrency. If demand for cryptocurrency rises, and supply cannot meet demand, the price for this cryptocurrency rises and buyers and sellers come to an agreement based on the increased price of cryptocurrency.In addition, the cryptocurrency market will always contain many homogeneous coins and tokens with similar functionality in the future. Therefore, the choice should always be large and diverse.
There are 100,000,000 Satoshi in one Bitcoin and more than enough for everyone, if the demand outweigh the supply. So most people will not be able to afford 1 whole bitcoin, but they will be able to own a number of Satoshis. 
Bitcoin was developed to mimic Gold and the scarcity and price of the commodity, determine the value of the smaller units of that commodity.
Bitcoin was developed to mimic Gold and the scarcity and price of the commodity, determine the value of the smaller units of that commodity.
You think this is still possible with Bitcoin gradually becoming a stablecoin? We all know the original goal was to make Bitcoin mimic gold with its scarcity but some believe this is no longer important
You mean shortage of the coins? Nope, i don't think it will happen. First of all, there is a maximum supply of 21 million coins. Assuming 20 million of the coins are lost, there will still be 1 million of those coins. The price of those will be extremely high (or very low due to people losing faith after the 20 million of those coins are lost) and the coins will be can be further divided into smaller values than 1 satoshi. We might even consider 1 satoshi as 1 whole coin too.
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?
No, there will technically not be a shortage given that the price is reached when supply and demand are at equilibrium, but as a practical matter if bitcoin reaches $50,000 or higher we can say there is a shortage for most people at a price they can afford, so they will have to resort to accumulating satoshis.
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?
most of this will work in conditions like now, although only having a potential increase of only tens of dollars, I think it is still considered good. The only thing to do shortage is BTC should be stable, when that conditions doesn't meet, then you should avoid that
No it is not possible.
The very nature of your question, "is it possible to have a shortage" , reveals a lack of understanding in the free market.
- If price is free to adjust to demand as is the fundamental characteristic in a free market, there can never be a shortage.
Even if all but one Bitcoin were lost it would/could be adjusted through a fork to allow infinite division, allowing everyone in the world to use it. But the price for that last whole Bitcoin would represent the total capital value of the whole Bitcoin market.
And if some family descendent of yours 100 years from now found the recovery seed key in a long lost safety deposit box you put your backup for a dozen BTC, ---they would own the world.
The very nature of your question, "is it possible to have a shortage" , reveals a lack of understanding in the free market.
- If price is free to adjust to demand as is the fundamental characteristic in a free market, there can never be a shortage.
Even if all but one Bitcoin were lost it would/could be adjusted through a fork to allow infinite division, allowing everyone in the world to use it. But the price for that last whole Bitcoin would represent the total capital value of the whole Bitcoin market.
And if some family descendent of yours 100 years from now found the recovery seed key in a long lost safety deposit box you put your backup for a dozen BTC, ---they would own the world.
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?
When full adoption do happens there would be shortage, imagine 21M total overall supply of BTC excluding for those coins lost forever then it wont really be enough to circulate basing on total population worldwide which would use btc as a payment.There are alternatives though but if we do talk BTC supply then there would be shortage.
When the entire world will be using Bitcoin and the demand is rising due to all the people in the world is using Bitcoin there naturally arise a possibility in shortage but in Bitcoin there is a limited amount of Bitcoin available that is an amount of only 21 million Bitcoins are there and not more is been produced .The reality is there will not be a shortage since when there comes a shortage there will be difficulties to mine more Bitcoins so we can assume that there will never arise a shortage in Bitcoin over the world Bitcoin will lead to an expensive market as the demand increases and the supply will remain the same .
I think the 21 Million supply is more than enough for bitcoin user and investors. Even some of miners and companies hold and hides their coins, It will only make its price to increase and that way the whales again will sell there BTC for a higher price. Vice versa.
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?
it will not be possible to experience a lack of bitcoin, because supply and demand affect and prices affect the number of bitcoins on the market. Bitcoin has been set according to the current market.
If the fees can be remove from the bitcoin transaction then a bitcoin shortage will not a be a problem in the future. 1 satoshi will be like 1 dollar or even a $1k even when some bitcoins get lost in the circulation because some people have lost it or the owner is now dead.
There are 100,000,000 Satoshi in one Bitcoin and more than enough for everyone, if the demand outweigh the supply. So most people will not be able to afford 1 whole bitcoin, but they will be able to own a number of Satoshis.
Bitcoin was developed to mimic Gold and the scarcity and price of the commodity, determine the value of the smaller units of that commodity.
Bitcoin was developed to mimic Gold and the scarcity and price of the commodity, determine the value of the smaller units of that commodity.
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?
In the cryptocurrency deficit can not be. If the demand for cryptocurrency rises, its price rises and it is bought at a higher price. It should also be borne in mind that there are thousands of different cryptocurrencies on the cryptocurrency market, and many of them have surpassed bitcoin in their functionality. In my opinion, even from this point of view, there will not be a bitcoin deficit. 
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?
do you know there are only 185,000 units of gold in the world.
i know crazy right.
185,000tonnes. thats it. end of
but gold can be split up into kg, grams
but gold can be split up into ounces
bitcoin can be split up into 'bits' and 'satoshi's'
its like pizza. you may order only 1 large pizza. but it is sliced up so that more than one person have have a piece of it
There is the unlikely chance someone will find a new source (there is still some gold extraction going on in my country, at the expense of destroying the rain forest that nature took millennia to grow), i like to think eventually someone will find gold in the asteroid belt... So its not impossible, that the price of gold could go down.
BTC shortage will be in the spotlight in the crypto world, today, tomorrow and the future.
Jump to: