Is it possible to have bitcoin shortage? - page 11.

btccointalk

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Quote from: jademaxsuy on July 16, 2018, 04:24:01 AM

I do not think that bitcoin will be enough if the whole people around the world will going to buy bitcoins. There will be too much shortage on bitcoin supply and this will lead also to have an expensive market price for bitcoin. As we all know that there are billions of people around the world and bitcoin supply is only limited. So meaning to say in the near future there will be a shortage for bitcoin supply and thus will lead to create another dominant coin like having ether as one of the possibilities that it will be the next to bitcoin. As of this moment i am seeing this already closely to happen. What do you think?

I agree with you. Infact, it is always seen that whenever something gets more popular, its rival comes up with better option.

kanayaTabitha

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Quote from: jademaxsuy on July 16, 2018, 04:24:01 AM

I do not think that bitcoin will be enough if the whole people around the world will going to buy bitcoins. There will be too much shortage on bitcoin supply and this will lead also to have an expensive market price for bitcoin. As we all know that there are billions of people around the world and bitcoin supply is only limited. So meaning to say in the near future there will be a shortage for bitcoin supply and thus will lead to create another dominant coin like having ether as one of the possibilities that it will be the next to bitcoin. As of this moment i am seeing this already closely to happen. What do you think?

the high price of bitcoin will not reduce the interest of investors and traders to buy bitcoin. Limited total supply is indeed to benefit bitcoin holders for the long term and has no effect on the position of bitcoin. bitcoin will remain in the top coin sequence because it functions as a crypto currency (altcoin as a digital asset). this is in my opinion, because I think that altcoins are like goods that are traded.

Xanxus024

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Well it may be happen when bitcoin reach the max limit and for sure the cost of 1 bitcoin would be more valuable so there's a chance that many investors hoard their bitcoin and the circulating supplies in the market would be shorten.

shawn995

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whenever there will be a bitcoin lack then the cost of bitcoin would be that high and everybody can spend each satoshi for the things that we need to have.
You realize this is one of the excellence of bitcoin, however there are just 21 million supply and there's bit of it that were lost totally you can utilize it and partition it with decimals.
Like today we are utilizing it with portions so it won't be an issue in the event that you are thinking there will be a deficiency.

MUSFIKAR

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We still remember that Bitcoin has a limited supply. Lacking may not be the right word but perhaps an increase in demand that will drive prices up. If demand will be high in the future it will likely be expensive to accumulate Bitcoin but the nature of cryptocurrancy does not always rise so the market decline will also occur as we will see today.

manfredmann

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Quote from: Nezerlan on July 16, 2018, 04:51:06 AM

Well, that is part of the reasons why the price will skyrocket because the supply is limited. Just like gold. I think buyers and holders of bitcoin today will be mega rich billionaires in future once the supply declines

yeah this is so true maybe the one who posted the thread was still confused on the demand and supply for bitcoin. The possible movement on its market price or the volatility of bitcoin will be determine by the people who are having some demand for it. Bitcoin will never have a shortage on its supply but rather its market price will increase.

Sirnero111

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Although bitcoin remains the topmost cryptocurrency in terms of trading value for now. Bitcoin does have its obvious limits

indayburakday012

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Quote from: Invester on July 16, 2018, 05:05:02 AM

It will not come to that point. There will never be a Bitcoin shortage. The value of Bitcoin could adjust up to whatever point it needs just to satisfy the demand and the necessary valuation when the entire world will be using Bitcoin. If the demand is rising so high due to the billions of people across the world using Bitcoin, the market will be assigning a bigger value to every Satoshi. There are eight decimal points in every BTC. It may happen that .00000005 BTC will be valued 1 USD.

Yeah it will not come to a shortage instead the market price will be ajdusted meaning to say bitcoins will go high on its market value if people around the world will invest on bitcoin. This could be very interesting to know that if this happen one that hold 1 BTC will relatively get 1000x fold of money invested.

android17

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Quote from: thevlox on July 21, 2018, 10:20:03 AM

In my opinion, this is not possible because bitcoin has spread all over the world now. This is no small matter. bitcoin can not be reduced and bitcoin is now a significant currency. It is now being bought by many banking side and selling these things.

Ofcourse its possible to happen, ive red that chinese investor buy 10,000 bitcoin. I dont know if this true, but if this legit there will be a shortage, for those other who invest or use bitcoin. Honestly i dont know the exact number of bitcoin in the market but i think its around 10k to 15k. And that chinese is selfish.

kesmex

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if more and more people around the world want to use bitcoin while the supply is limited, surely it will make the price of bitcoin more expensive and rare in the market, I will personally save some of my bitcoin before that until it happens.

TurboPower

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Quote from: jademaxsuy on July 16, 2018, 04:24:01 AM

I do not think that bitcoin will be enough if the whole people around the world will going to buy bitcoins. There will be too much shortage on bitcoin supply and this will lead also to have an expensive market price for bitcoin. As we all know that there are billions of people around the world and bitcoin supply is only limited. So meaning to say in the near future there will be a shortage for bitcoin supply and thus will lead to create another dominant coin like having ether as one of the possibilities that it will be the next to bitcoin. As of this moment i am seeing this already closely to happen. What do you think?

at the point when all individuals are receive this bitcoin later on, obviously there will be a deficiency of that, on the grounds that bitcoin has just constrained supply, and this will be more turned out to be costly sooner rather than later, evidently, if theres a lack on the supply of bitcoin, theres an altcoins to be use to confine the lack, so the business sectors turn out to be more bustling ups and down, which means all the brisk riser turn out to be more extravagant and most extravagant when its happens.

cryptopranto

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That's what gonna make bitcoin moon. Becoz with increasing demand and less supply bitcoin will become more and more valuable day by day.. like any assets.. High demand low supply will make the market up

oginiimaoyani

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If every one can buy and hold I think it will make the demand so high thereby leading to high in price and we all know what it means every bitcoin user will smile at bitcoin.

yayat

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Maybe it takes a long time to spend Bitcoin because Bitcoin also has decimal numbers like 0.00001
And everyone who owns Bitcoin also wants Bitcoin in circulation to become a trading tool with Altcoins for profit.

So, all the cycles in each cycle and it will continue for a long time.

kojoannan

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Bitcoins is mined each and every day and I don't think there will be any way for a shortage to occur. Even if a shortage occurs, the incentive of selling it will be high and traders will continue to sell for a higher price.

erichall

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Quote from: jademaxsuy on July 16, 2018, 04:24:01 AM

I do not think that bitcoin will be enough if the whole people around the world will going to buy bitcoins. There will be too much shortage on bitcoin supply and this will lead also to have an expensive market price for bitcoin. As we all know that there are billions of people around the world and bitcoin supply is only limited. So meaning to say in the near future there will be a shortage for bitcoin supply and thus will lead to create another dominant coin like having ether as one of the possibilities that it will be the next to bitcoin. As of this moment i am seeing this already closely to happen. What do you think?

Yes it is difficult to say what would happen. If the entire world bought bitcoin, the price would be ridiculously high too. Almost too high.

registrationfee

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At all times there will always be sellers and buyers. This can happen in the future because more and more investors are increasing and demand for bitcoin in the future will be more and more short of supply and in the future bitcoin prices will fly like rockets and buyers and keep bitcoin In these days there will be good returns. The higher the Bitcoin, the more people miss the task and it can affect the whole economy.

Gotumoot

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Quote from: ASHANABEY on July 21, 2018, 10:24:56 AM

According to my understanding Yes I think it can happen in the future because unlike other currencies bitcoin releases a certain amount per a period of time so if the demand increases rapidly in the near future due to it's low supply that can happen

Its impossible because there are big circulations of bitcoin on the market and also there are many more bitcoin to be mined. We have different decisions on using bitcoin, but bitcoin always circulates on the market, because some will sell, and others will buy, hodl and then sell again when the price is high, its allways repeats its process. So bitcoin shortage is impossible.

CoinFoxs

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Actually it all depends on supply and demand and price up and down is dependent on supply and demand of currency. And in future bitcoin supply decrease and demand increase which results in the great rise in the history of bitcoin. More and more people wants to invest in bitcoin this is the reason of increment in bitcoin price nowadays. Approx. 700$-900$ bitcoin price increase in previous 3-4 days.

ASHANABEY

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According to my understanding Yes I think it can happen in the future because unlike other currencies bitcoin releases a certain amount per a period of time so if the demand increases rapidly in the near future due to it's low supply that can happen

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