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Topic: Is it enough? - page 8. (Read 1211 times)

full member
Activity: 216
Merit: 103
February 02, 2018, 05:35:07 AM
#74
There will be 21 million bitcoins. But consider that every bitcoin is equal to 100 million Satoshi. There are also many other cryptocurrencies that can be used for payments.
I think it would be enough to use,because the ETH or XRP also could be trade in the world.
and they are a lots of basic platform ,and I think it would be more guys accept the crptocurrency
member
Activity: 602
Merit: 10
February 02, 2018, 05:33:19 AM
#73
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?

Why not, bitcoin will be enough for the future because bitcoin is divided again into satoshi, and bitcoin prices will be more expensive and stable.
member
Activity: 96
Merit: 10
February 02, 2018, 05:23:47 AM
#72
think gold as a reserve currency, it is estimated that there is so little gold in the surface of the world and that`s make it and give it such a value, so also btc would be enough to have that amount.
that comment made me to think about gold. is there a possibility of the human kind is using the gold in a wrong way ?
i mean we use it for just for accessorizing. is it there for this silly purpose?
hero member
Activity: 966
Merit: 517
February 02, 2018, 05:12:27 AM
#71
I think it is not enough and I don't think the number of bitcoin will stop in 21 million because as long as we use and earn bitcoin, bitcoin will continue to be mined from transaction fees of course the number of bitcoin will increase.
Bitcoins will increase their number that is fact. The reason is when something is fixed in number that is okay until demand doesn’t cross that one limit. As the bitcoins are concerned, just see the number of availability in the international market and now see its demand. It is far more than the supple. So definitely when more people are coming into this world surely number will be increased.
legendary
Activity: 3346
Merit: 3125
February 01, 2018, 09:49:09 AM
#70
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?

Of course it is enough for the future. Just remember BTC has 8 digit after the point (0.00000000), so eventually the fees will get down and people will be enable to send 0.00000010, for instance, and it will suppose much more money than today.

The system has been designed this way precisely looking at the future of BTC.
sr. member
Activity: 574
Merit: 250
January 31, 2018, 05:38:50 PM
#69
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?

Definitely it's enough, as we already know each crypto currency has it own volume on the circulation in the crypto currency world. Bitcoin was designed to have on that certain volume since as of this time it doesn't reach 21million and it will mined all approximately year 2140. In terms of to become world currency, well for me its impossible fiats is still important which can be use on that particular country but in some point I believe in the future using bitcoin as mode of payments will be implemented.
full member
Activity: 902
Merit: 112
January 31, 2018, 05:23:50 PM
#68
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?

enough and satisfied, bitcoin has the fixed amount of tokens which is great for the price of the future. as the people having bitcoin are increasing daily and the demand is getting larger and larger, the supply has the fixed amount if not getting smaller this will affect the supply and demand of the token which is the best to have. bitcoin price will continue to hit more dollar value then.
member
Activity: 392
Merit: 11
The New Pharma-Centric Marketplace
January 31, 2018, 04:43:37 PM
#67
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?

To tell the truth  i dont know what would exactly amount  number of bitcoin fund for the reserve of the future to become the world currency,for me its better to increase that value greater than 21 million expectation because in my own understanding the more investor to partcipate all over the world the marrier would the  given more benefits of bitcoin and the more the resources of digital currency will growth in expanding high, so the more fund of bitcoin will run through in the market for investment.
member
Activity: 420
Merit: 14
January 31, 2018, 04:37:13 PM
#66
Crypto currency is not only bitcoin, but more than a thousand altkoins and their number will only increase. Bitcoin and altcoins will interact and complement each other. In addition, bitcoin was originally created for this purpose. to have a higher cost. His small coin, satoshi, is one hundred millionth part of bitcoin. Such a small coin has not a single monetary unit of the world. Therefore, in the future, when bitcoin will have a high cost, basically not whole bitcoins will walk, and their small parts are satoshs. In this regard, 21 million bitcoins will be enough to be sold to the whole world.
hero member
Activity: 602
Merit: 500
January 31, 2018, 04:30:53 PM
#65
In life there is not enough, there must still be less, therefore we do not grow according to what we get now, the journey is still far stepped
hero member
Activity: 2110
Merit: 502
January 31, 2018, 03:59:11 PM
#64
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?

Precisely that is what everyone will look for, if bitcoin supply less will be more expensive for bitcoin price in the future, surely they will find bitcoin even though bitcoin price is very expensive to buy it !!!
full member
Activity: 630
Merit: 130
January 31, 2018, 03:41:26 PM
#63
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?

With prices going up proportionally to its demand, it may be enough. Bitcoins will be distributed in smaller amount and maybe in the future, satoshis could even have a dollar value.
I think you guys should not worry about the supply. If there is anyone that would be concerned about it, devs can act upon it.
Just worry about how can you have enough bitcoin for your own convenience.
Also I have read that it takes some years to half bitcoins. Just don't know how that works.
newbie
Activity: 308
Merit: 0
January 31, 2018, 03:18:50 PM
#62
Sure, it's enough, if the market not collapse then BTC will be the biggest value coin in the world!
full member
Activity: 644
Merit: 100
January 31, 2018, 03:17:30 PM
#61
Personally, I think the number of 21 million mined blocks in the bitcoin network is a sufficient number. There is still a long time to the last block, and that's about 2140 when the last block is mined.
By then, the price will definitely change and the Bitcoin price will be higher, with less btc you will pay or buy. So the number is enough.
full member
Activity: 238
Merit: 105
January 31, 2018, 02:57:12 PM
#60
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's good in the sense that value will keep increasing over the next years (hopefully), but I'm not terribly fond of the complete lack of inflation. Inflation of around 2-3% per year is necessary and healthy, imo. That's why something like eth has advantage in the long run.
full member
Activity: 224
Merit: 101
January 31, 2018, 02:53:28 PM
#59
it will enough, even if you think that amount is very small it will enough if every people in world using bitcoin, because if let say everyone in the earth using bitcoin as payment, then the price of bitcoin will so high this will make people buy bitcoin is not too many, and make bitcoin become very rare, so just the rich that can buy it, and make bitcoin not profitable if you wanna trade unless you have big amount of it.
full member
Activity: 882
Merit: 100
January 31, 2018, 02:33:38 PM
#58
Wow,yes it's enough.I am always a fan of Bitcoin. I never get frustrated when bitcoin price are very low.I always hope that the prices of Bitcoin will continue to increase.And in the future,Bitcoin will become a world currency.Then the country's progress will continue.People will live happily in peace.
member
Activity: 728
Merit: 11
January 31, 2018, 01:54:53 PM
#57
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?
In my opinion In future only 21 million bitcoin is not enough. Because day by day bitcoin users and bitcoin demand increasing in the world. Now Too many peoples in worldwide don't know or hearing about bitcoin. When all the people in the world are knowing about bitcoin advantages, then they also started use it. So in future a large number of bitcoin must be added for a large number of users.
full member
Activity: 252
Merit: 105
Stake & Vote or Become a IoTeX Delegate!
January 31, 2018, 01:38:27 PM
#56
I think 21m Bitcoin is enough atm while cryptocurrency is developing very quickly these days. For now Bitcoin is not the only cryptocurrency anymore so people don't focus only in Bitcoin anymore, there are a lot of choices for investors, trader and miner so I think the total supply amount 21m of Bitcoin is enough. As some people tried calculated 21m Bitcoin will be mined out till 2140 maybe it'll be longer Smiley
full member
Activity: 406
Merit: 100
January 31, 2018, 01:29:36 PM
#55
I think in the future when bitcoin is going to be a huge power, they will manage somehow to make more bitcoins. I don't see how this is gonna work if they don't make new ones
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