Is it enough? - page 2. | Bitcointalksearch.org

Wyne

full member

Activity: 531

Merit: 102

Quote from: gakadem on January 30, 2018, 05:46:59 PM

The number of bitcoin is only 21 million, is that enough for the future?
given the vision of bitcoin to become world currency?

what do you think of this?

Yes, it is enough. But I guess, it is not the bitcoin-only that will be used as one world currency but cryptocurrency as a whole. I believe that it is not about the volume but it is about the value and the functionality of the cryptocurrency. Besides, there are many other altcoins in the market. It is the principle on how cryptocurrency works that will be used in future.

Faeton

member

Activity: 308

Merit: 11

Quote from: gakadem on January 30, 2018, 05:46:59 PM

The number of bitcoin is only 21 million, is that enough for the future?
given the vision of bitcoin to become world currency?

what do you think of this?

Will 21 million bitcoins be enough? Completely. Such a limited amount is made for that. so that over time the price of its hundred millionth part - Satoshi - grew. Already, there are many other good coins for use as a means of payment. Bitcoin, apparently, will be used more as a means of accumulating value, and with it we will still have problems in connection with this. He will sometimes take off in price and also sometimes fall quickly. In relation to him, we will see in full force what is the large volatility of the crypto currency.

neliawesome

jr. member

Activity: 210

Merit: 1

Yes it is enough already.It can already change our life into a better one.Knowing those number of bitcoin it can make our life more better than nothing.In my opinion if bitcoin will increase more then the value of it become more lower.

ClackKendi

newbie

Activity: 196

Merit: 0

Whether or not it depends on how you set up your boss and how you create it if you view it enough you will have a way to make it fit and enough for your ability and condition.

Coleth

newbie

Activity: 210

Merit: 0

Quote from: Alert31 on January 30, 2018, 06:40:14 PM

Yes it is enough,because if there is over supply of bitcoin there is a possibility of decreasing its value. Higher demand with less or limited supply equals to greater or higher value. That's why bitcoin has a limited supply to become valuable currency in the market.

This is true. When you begin to understand the demand and supply of it together with the price decreasing and increasing, many will continue to invest and the supply will last as the value gets higher and higher.

nurulhmani1280wat

jr. member

Activity: 394

Merit: 1

XEGGEX

according to my knowledge that is enough. It is normal to have something very limited amount of bitcoin currency, because part of buying and selling. The price and value of the bitcoin currency never rise if we have or possess unlimited resources. then they mine all the coins they milki, it only becomes a very long time.

Premooooo

jr. member

Activity: 280

Merit: 1

Quote from: gakadem on January 30, 2018, 05:46:59 PM

The number of bitcoin is only 21 million, is that enough for the future?
given the vision of bitcoin to become world currency?

what do you think of this?

Think of this proper fund bitcoin for bitcoin because of the huge amount of money passed for bitcoin and many investors also invested in it because money of bitcoin is the base here and so on the price usually other investors focus on other coins so there is not yet the whole human money on bitcoin invested.

Matimtim

full member

Activity: 868

Merit: 108

Quote from: gakadem on January 30, 2018, 05:46:59 PM

The number of bitcoin is only 21 million, is that enough for the future?
given the vision of bitcoin to become world currency?

what do you think of this?

I think 21 million bitcoin is enough because if we compare bitcoin to other currency bitcoin has very expensive price than other currency, and as of July 2 2018 the equivalent of 1 bitcoin is 6331 USD

Source:
https://www.google.com.ph/search?rlz=1C1CHBF_enPH778PH778&ei=Fos5W6_8IMjorQG59K3QDQ&q=btc+to+usd&oq=btc+to+usd&gs_l=psy-ab.3...7772.9825.0.10185.6.6.0.0.0.0.0.0..0.0....0...1c.1.64.psy-ab..6.0.0....0.wAaa80cGbqw

whoisyourking

full member

Activity: 420

Merit: 106

Quote from: gakadem on January 30, 2018, 05:46:59 PM

The number of bitcoin is only 21 million, is that enough for the future?
given the vision of bitcoin to become world currency?

what do you think of this?

Its enough if you are confuse this is my explanation. 1 bitcoin compose of 1billion satoshi so if you think again that if the value of satoshi can become 1 dollar, we will do the math 21 million times 1 billion = more than enough to supply the world. Maybe 1 dollar in 1 satoshi is impossible because of the large fees, 1000 to 10000 satoshi per dollar is better.

kasurnya

newbie

Activity: 152

Merit: 0

21 million bitcoin is a very large amount, this money will continue to move from one user to another when used as a means of payment and I think not everyone plans to hold bitcoin. So of course it is quite used by people all over the world and bitcoin worth mentioning as currency.

rose9696

member

Activity: 770

Merit: 10

https://streamies.io/

Quote from: gakadem on January 30, 2018, 05:46:59 PM

The number of bitcoin is only 21 million, is that enough for the future?
given the vision of bitcoin to become world currency?

what do you think of this?

It can not become the world's currency. Low supply and unstable markets, it can not be considered as a currency of the world. It can not meet the criteria to become a new currency in the world. Besides, Bitcoin's future is bleak because it is not upgraded and the moderator is anonymous. So we should not expect Bitcoin to become a currency, it's just a money transfer tool.

Denamen

sr. member

Activity: 499

Merit: 250

Chainjoes.com

dont worry. bitcoin market is dying. no one will care about bitcoin quantity anymore. 21 million is too good enough for everyone now

Caladonian

hero member

Activity: 1302

Merit: 540

Quote from: maxreish on July 01, 2018, 08:35:38 PM

I also asked myself about that. If there are 21 million bitcoin, is it really enough? Seeing more and more people are very curious and joining the crypto world, getting their luck and mine bitcoin, too. But then, this 21 million bitcoin makes it more special. It makes the bitcoin more interesting and challenging.

having low volume of supply comparing to the actual numbers of possible end users, bitcoin value will become huge for sure, time will let us see if how fit
those numbers if its fully enough or alts will also grow after the needs, we can't say what future will bring to this currency but being successful might give
us some hint why we need to hold and keep our coins.

bigblackdeck45

jr. member

Activity: 266

Merit: 1

Quote from: gakadem on January 30, 2018, 05:46:59 PM

The number of bitcoin is only 21 million, is that enough for the future?
given the vision of bitcoin to become world currency?

what do you think of this?

I used to wonder and ask that same question as well but after reading a couple of good articles I think it is enough. Yes more and more people have started to buy bitcoin and you might think that their would be a supply shortage. That might happen but remember the higher the demand, the higher the price gets which means bitcoins value will continue to increase which for me is good.

maxreish

sr. member

Activity: 1330

Merit: 326

I also asked myself about that. If there are 21 million bitcoin, is it really enough? Seeing more and more people are very curious and joining the crypto world, getting their luck and mine bitcoin, too. But then, this 21 million bitcoin makes it more special. It makes the bitcoin more interesting and challenging.

zarintasnim

sr. member

Activity: 1106

Merit: 250

Vave.com - Crypto Casino

I think it is enough for the future.To make good future need good price. low supply is the also reason of good price. if have no price they have no future. So 21 million bitcoin is the perfect for the bitcoin user.

kingkonjac

member

Activity: 308

Merit: 10

It is enough in my opinion because if we would need more and more btc`s there always is an option of a btc work which in those days can be used as cents are now and btc as dollar for example

khaled0111

legendary

Activity: 2520

Merit: 2853

Top Crypto Casino

There will be only 21 million BTCs and don't forget that many of them are lost forever because their owners lost their private key and there is no way to recover them.
I think it is more than enough since it can be divided to 18 (Satoshies).
The price will rise whenever there is more demand.

KrakenZ

jr. member

Activity: 145

Merit: 1

If bitcoin wants to pursue its goals and aspirations to become a legitimate currency used for payment then the amount of 21 million bitcoins can not suffice for worldwide transactions. Bitcoin should make even more in quantity. But, it also needs to be balanced with the latest technological developments so that bitcoin is not less competitive with altcoin so that in transactions bitcoin can be more free and without obstacles. Maybe, that's my bit of advice. Hopefully, as soon as bitcoin can determine the next step.

Lorin

full member

Activity: 518

Merit: 100

For being volatile of bitcoin i think 21 million is enough. As time pass by it can be more bigger and bigger because the price of it may increase. There are times that the value may lower but its not forever and also the number who use bitcoin will increase and more investor will invest.

Topic: Is it enough? - page 2. (Read 1149 times)