Topic: Bitcoin supply and demand. - page 2. (Read 1680 times)
Without a doubt, in the event that you take a gander at the aggregate sum of bitcoin and the lost bitcoin, I figure it will in any case go up, yet the transient bear showcase has come
For those worried BTC might not go much higher. There was news circulating in social media about 80% of the total 21 million supplies have been mined and are in circulating in the market plus those are in idles. There are basically less than 5 million btc need to be mined...no need a racket science.. Supply and demand, bitcoin prices will soar high.
You should rephrase the OP because at the first place the circulating supply is not a news but it's more than a fact and I'm surprised that you just know that. So maybe if all of us know this, everyone will hold their coins as long as they could because of the anticipation. However, last bitcoin will be mine by 2140 and it's actually a long way for us and many can still happen like regulations that might affect the price.
So again, I know some are skeptical yet we should still know when to take profit. Just to be sure.
I also think that bitcoin will only grow with time and it is quite possible that we will see a price of 1 million for bitcoin
it is funny to see how shallow some people think of bitcoin and the market and think just because they have seen some irrelevant data then the price should go up. it is basically them wishing for it and then trying so hard for finding some reason to satisfy their mind about it being true.
there is others opposite of OP who are trying so hard to come up with reasons for drop and justify it for themselves with those irrelevant reasons.
there is others opposite of OP who are trying so hard to come up with reasons for drop and justify it for themselves with those irrelevant reasons.
But this information is not 100%, it can be a rumor, but maybe someone rashly merged the information, and this is really so. I'm still convinced that this is possible. But bitcoin shows all of us what the future is for him, and that this is a completely different kind of technology.
Bitcoin supply and demand is the the back bones of price of bitcoin.
Supply: As supply of bitcoin in market increased then price will automatically go down.
Demand: As Demand of bitcoin in market increased then price automatically go rise.
These are the two factors which are affecting price of bitcoin.
Supply: As supply of bitcoin in market increased then price will automatically go down.
Demand: As Demand of bitcoin in market increased then price automatically go rise.
These are the two factors which are affecting price of bitcoin.
Even though it might be a good news, can you prove the legitimacy of this news? I wanted to check if it is true or just a hype. If it is true, will accumulate more Bitcoin and hold for the future. I don't want to get on the hype and regret later so I wanted to vheck the news.
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Hi dude,
Please check on this link https://www.ndtv.com/business/bitcoin-prices-to-zoom-further-only-20-cryptocurrency-coins-left-to-be-mined-1800099
I guess there are huge amount of btc on idle, which cannot be retrieve anymore. It could possible that some of BTC's owners are already on the grave.
Unlike fiat, the underlying accountability, honesty and truth of Bitcoin remains strong and resilient to attack.
Bitcoin evolves and becomes stronger, it is indeed the "internet" of money.
Bitcoin evolves and becomes stronger, it is indeed the "internet" of money.
For those worried BTC might not go much higher. There was news circulating in social media about 80% of the total 21 million supplies have been mined and are in circulating in the market plus those are in idles. There are basically less than 5 million btc need to be mined...no need a racket science.. Supply and demand, bitcoin prices will soar high.
Even though it might be a good news, can you prove the legitimacy of this news? I wanted to check if it is true or just a hype. If it is true, will accumulate more Bitcoin and hold for the future. I don't want to get on the hype and regret later so I wanted to vheck the news.
For those worried BTC might not go much higher. There was news circulating in social media about 80% of the total 21 million supplies have been mined and are in circulating in the market plus those are in idles. There are basically less than 5 million btc need to be mined...no need a racket science.. Supply and demand, bitcoin prices will soar high.
There is enough supply for Bitcoin in the market. Not every user has higher than 3 bitcoin I think. Also, the price of the Bitcoin is making sure that people who have it will sell if the price go up and buy when it goes down. The supply is just going round and having a cycle. No need to worry about the price because it will go up again.
For those worried BTC might not go much higher. There was news circulating in social media about 80% of the total 21 million supplies have been mined and are in circulating in the market plus those are in idles. There are basically less than 5 million btc need to be mined...no need a racket science.. Supply and demand, bitcoin prices will soar high.
The decrease of bitcoin supply due to the many mining activities about 80% of the total amount of bitcoin is about 21 million available. I think this will cause a drop in supply of the number of bitcoin in the world. And I think with the reduced Supply bitcoin available will be very useful for people who store bitcoin. Of course the bitcoin price will rise again quite significantly because it is caused by the many requests for bitcoin.
for those who are still doubtful and afraid, they will be left behind as the train has gone far. because the virtual currency is moving very fast.
I think of course the fewer the remaining supply makes the price higher, so it's best to ignore the issue that says bitcoin prices will fall and die.
it should, technology will never die, right?
I think of course the fewer the remaining supply makes the price higher, so it's best to ignore the issue that says bitcoin prices will fall and die.
it should, technology will never die, right?
I got a hope last night but today again bitcoin and all cryptocurrencies started dumping in the market. I really keen to see the bitcoin price back to 15k or 18k. Since I have holded the bitcoins for long time. It hurts me with the biggest price change buddy.
Actually supply seems down in all the coins. If they go further to more fund we can have hope to see the bitcoin reach the value I expected.
for those who are still doubtful and afraid, they will be left behind as the train has gone far. because the virtual currency is moving very fast.
I think of course the fewer the remaining supply makes the price higher, so it's best to ignore the issue that says bitcoin prices will fall and die.
it should, technology will never die, right?
I think of course the fewer the remaining supply makes the price higher, so it's best to ignore the issue that says bitcoin prices will fall and die.
it should, technology will never die, right?
We gonna wait for a few weeks or a month btc price will hike again. Few year from now btc will be so expensive that ordinary traders could not afford anymore.
for those who are still doubtful and afraid, they will be left behind as the train has gone far. because the virtual currency is moving very fast.
I think of course the fewer the remaining supply makes the price higher, so it's best to ignore the issue that says bitcoin prices will fall and die.
it should, technology will never die, right?
I think of course the fewer the remaining supply makes the price higher, so it's best to ignore the issue that says bitcoin prices will fall and die.
it should, technology will never die, right?
For those worried BTC might not go much higher. There was news circulating in social media about 80% of the total 21 million supplies have been mined and are in circulating in the market plus those are in idles. There are basically less than 5 million btc need to be mined...no need a racket science.. Supply and demand, bitcoin prices will soar high.
That's why I'm sure bitcoin will be a rare item. Supply is limited, while demand continues to grow. While Bitcoin prices are now in the valley, this is a good opportunity to buy some BTC for investment.
bitcoin supply is less but demand is too much thats the main reason for pump and increase in value
This factor is huge. Today, Bitcoin does not have any equivalence in the world, so BTC is sold on the floor. The main principle of economics is that if a person buys a currency, the price of it will increase and if the seller's currency, its price will fall. Bitcoin is no exception. In spring 2013, prices have increased tenfold by China.
BTC with 16 million and over 14 million BTC. These numbers are rising rapidly. When the number of Bitcoins is fixed, BTC prices will continue to increase.
BTCBTCBTC
BTC with 16 million and over 14 million BTC. These numbers are rising rapidly. When the number of Bitcoins is fixed, BTC prices will continue to increase.
BTCBTCBTC
For those worried BTC might not go much higher. There was news circulating in social media about 80% of the total 21 million supplies have been mined and are in circulating in the market plus those are in idles. There are basically less than 5 million btc need to be mined...no need a racket science.. Supply and demand, bitcoin prices will soar high.
Yup you are right. Bitcoin's value will increase eventually, I'm sad to those people who give up there hopes in bitcoin. They don't know that bitcoin will increase again. It is just matter of time and patience waiting it to increase again. Does anyone know the true amount of BTC circulating after your remove any Idle BTC?
how would you define those idle BTC? You see, it is really impossible to tell whether the BTC is just in a cold storage or a paper wallet OR if it is forgotten, destroyed or disposed off (like in a hard disk thrown away to a dump). The difference is that the ones in a cold storage or a paper wallet can be turned to hot wallet and used in a matter of hours or days, while the bitcoins that were destroyed/disposed off cannot be used ever again.
So I think you wanted to know how many there are bitcoins that were distroyed?
But as I said in the beginning of my post, you cannot distinguish them from the bitcoins in a cold storage, you see.....
Does anyone know the true amount of BTC circulating after your remove any Idle BTC?
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