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Topic: Bitcoin supply and demand. - page 3. (Read 1680 times)

full member
Activity: 504
Merit: 100
January 30, 2018, 07:00:43 AM
#13
if the supply of bitcoin diminishes the price of bitcoin will also be more expensive and bubbles often occur, and I'm not afraid to run out of bitcoin supplies in the mine
member
Activity: 145
Merit: 12
January 30, 2018, 06:52:52 AM
#12
In the case of bitcoin output is expected, the price is mainly determined by market demand, including application requirements, investment demand and speculative demand, each demand can be divided into several situations. These needs are also the main forms of people's participation in Bitcoin's economic development. These include: site shopping using bitcoin, online shopping and remittances, hoarding money, investing in bitcoin projects, investing and mining, short-term speculation, arbitrage, arbitrage and futures trading. These cover almost all the major economic activities related to bitcoin, and generally promote the economic development of bitcoin in their own way, and jointly determine the market price of bitcoin.
member
Activity: 97
Merit: 12
January 30, 2018, 06:46:24 AM
#11
Overall, the current demand for bitcoin is still small, and most of the bitcoin that has been discovered at present is not used for monetary payment. As a result, the share of bitcoin directly determined by application requirements is small. However, due to the fundamental role of application requirements and sound development expectations, it is like the dust of the Snowflake Center, driving investment demand and speculative demand, supporting the current prices.
member
Activity: 196
Merit: 23
Large scale, green crypto mining ICO
January 30, 2018, 06:23:50 AM
#10
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 is my wish too, to be frank. But it is a hope and a wish only, mate

Your reasoning, you see, has a serious flaw: it covered supply all right. But demand is not covered. Actually, you ASSUME that there WILL be ever growing demand for bitcoins. I hope that too, but still: it is only an assumption, you know.

Anyway, future will tell.


jr. member
Activity: 140
Merit: 2
January 30, 2018, 06:18:39 AM
#9
It's not always like this where people can decide to shift to some other cryptocurrency and then no one will be able to See the high price in the Bitcoins ,since there are always a variety of things in the market but only some of them flourishes, if its on the shelf it doesn't mean that people are going to go and buy it , it depends on the personal perspective of everyone who are in this business thus it can't be the only rule that determines that the price of Bitcoins will give high, I will I do agree that there is a very Fair chance that the Bitcoins price will increase but I do think that this has nothing to do with it


That true. but for the current status of BTC, investors/traders are tend to divert to other cryptocurrency. There are many cryptocurrency (altcoins) now a days that can really bring a good profit for investors/traders. Sticking on one kind of crypto is not really good idea.
The door of altcoins in the market are wide open and ready to welcome a new investors/traders.
hero member
Activity: 1890
Merit: 831
January 16, 2018, 09:05:09 AM
#8
It's not always like this where people can decide to shift to some other cryptocurrency and then no one will be able to See the high price in the Bitcoins ,since there are always a variety of things in the market but only some of them flourishes, if its on the shelf it doesn't mean that people are going to go and buy it , it depends on the personal perspective of everyone who are in this business thus it can't be the only rule that determines that the price of Bitcoins will give high, I will I do agree that there is a very Fair chance that the Bitcoins price will increase but I do think that this has nothing to do with it
sr. member
Activity: 638
Merit: 300
January 16, 2018, 08:11:57 AM
#7
Indeed, if you look at the total amount of bitcoin and the lost bitcoin, I think it will still go up, but the short-term bear market has come.

True, this is just normal in crypto world. I don't think bitcoin will go down to its bottom. It will increse again and soar high. When the demand is high and the supply is low of course the price is high. So yeah,it has something to do with demand ans supply.
sr. member
Activity: 423
Merit: 251
January 16, 2018, 08:06:37 AM
#6
exactly with this depleting stock if market demand increases then the market price will go up too, hopefully this happens quickly so bitbcoin can up again do not slump like it is today
newbie
Activity: 11
Merit: 0
January 16, 2018, 07:52:11 AM
#5
If you will look to the bitcoin's lost value and total bitcoins circulating you can say that it will not drop, if there are 21 millions of bitcoin around the world and the 80% has been mined then only 20% will needed to be mined but on that 80% its not literally circulating almost half of it are hold by the whales. I think bitcoin's value will increase as its limited number is slowly reachable.
That is is if people are holding bitcoin and they are not going to sell their bitcoins then its value value will be increasing because of the increasing demand and low supply. With the passage of time the demand of bitcoin will continue increasing because of the people still taking interest in bitcoin.
sr. member
Activity: 308
Merit: 250
January 16, 2018, 05:58:15 AM
#4
Recognized or not
Bitcoin fever is engulfing the world, the economic system based on deflation and with the increasing supply of bitcoin, bitcoin prices tend to rise.
full member
Activity: 210
Merit: 100
January 16, 2018, 05:45:54 AM
#3
If you will look to the bitcoin's lost value and total bitcoins circulating you can say that it will not drop, if there are 21 millions of bitcoin around the world and the 80% has been mined then only 20% will needed to be mined but on that 80% its not literally circulating almost half of it are hold by the whales. I think bitcoin's value will increase as its limited number is slowly reachable.
member
Activity: 224
Merit: 10
January 16, 2018, 04:47:06 AM
#2
Indeed, if you look at the total amount of bitcoin and the lost bitcoin, I think it will still go up, but the short-term bear market has come.
jr. member
Activity: 140
Merit: 2
January 16, 2018, 04:34:28 AM
#1
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.
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