Topic: Is it possible to have bitcoin shortage? - page 13. (Read 3081 times)
Yes it is possible for Bitcoin to have a shortage. Even as it is currently, we are already experiencing a kind of shortage. The total Bitcoin supply is 21 million of which 17 million is already in circulation. The 17 million is not even enough for the few people who have already started using Bitcoin which in my opinion are not up to 2% of the world population.
It would not occur that their be a deficiency in bitcoin as bitcoin was made settled there is no other method to include the supply with the exception of the fork that will make another adaptation of bitcoin. on the off chance that there are parcel of financial specialists will purchase bitcoin there is no deficiency still yet the cost would shoot up considerably higher and higheras the request is solid.
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 but the more bitcoin`s supply will close to its total supply, then the price will enormously be increased; thus, giving the opportunity of hodlers to sell their coins. So, supply will again be regulated - to the buyer and the seller, that is why it is an advantage for the bitcoin to have minimal supply over its popularity and liquid investments. And what you are seeing in the market is not the reason of shortage, it is hype that enable the information to flow in advantage to the bitcoin.
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?
Well if this happens it will probably resulted to those bitcoin holder to be reach, and thus help bitcoin to have a high value. If the system continues to crete bitcoin or if it is indeed needed to sustained the shortage the value of bitcoin will be stagnant where as no people will panicked because of the unstable price. To sum it up, it will be more effective if more people will gladly buy bicoin even in a high price rather than having many bitcoin that will result for everyone not to do task and it might affect the economy as a whole. As of this moment bitcoin aims to help not to create people who are lazy.
Oh no, the amount in the system is not enough to be used to run worldwide accepted digital currency. May be it may be supported with other currencies like the ethereum. we are always complaining that bitcoin should be accepted as the worlds digital currency, forgetting that the amount of circulating coins cant even supply the population of a single country.
Other cryptocurrencies are not altcoins. People should always look at the number of Satoshis there are, not the number of bitcoins there are. It is not for nothing that Bitcoin is divisible into hundred million Satoshis. There are enough Satoshis for everybody.
Yes that is possible. And when that happens the price of bitcoin will rise so much due to the fact that the demand for bitcoin will also get high. The supply of bitcoin is limited, so possible for a bitcoin shortage. It is just like gold it's limited and the price is high.
OptiToken gonna moon hard on open in 2 weeks
Bitcoin is now become more and more popular, i believe with the development of bitcoin, 21 million bitcoin is also not enough for people worldwide
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 think there is a possibility to have a shortage in bitcoin if many people will divert their investment into crypto and most especially if some countries will now support and encourage their people to invest in bitcoin.
Yes, I think so, so we should not buy other coins in the market, so it is very likely to lose capital. Bitcoin is the best way to invest.
Yes. this resource is not unlimited especially in countries which still ban the use of such resource. It must be noted that all resources are limited, but it depends on how we use them, to make them beneficial for our world
The amount of bitcoin is limited and it is 21 million. Though there is no possibility of shortage in near future but if the demand increase much then there can be a shortage and in that case the price may go high according to the demand.
i think there would be shortage in bitcoin for the next years.Shortages are due to the high demand of bitcoin.Today,bitcoins and other altcoins continue to circulate in the market and people are still continue to minned altcoins.There would be shortage but i think there would no greater effect on the market.
I think we actually will face with the Bitcoin shortage in the nearly future because if all the Bitcoins were mined so we need to find a plus currency to deal with that problem and i think ETH will do it good.
i think so, if the all bitcoin mined, its mean that only that amount that will circulate in the world, so if the people that want join in the bitcoin world and buy bitcoin it will very hard if there are no people that want to sell their bitcoin, in the end the price of bitcoin will rising up because of this situation
You can buy bitcoin with $ 100 and $ 50 and you will have bitcoin. The amount of bitcoin is limited to only 21 million, but when you want to have it you do not have to have 1 BTC. If the bitcoin in the future is more functioning as an asset and a place to invest in any amount of money you can have it. But the problem is, when the amount of bitcoin finishes in mining and makes bitcoin rare to have a very high price, will anyone sell bitcoin? they will hold bitcoin until the price they want.
I think a bitcoin shortage will be a reality, but this will be reflected in a higher price given that bitcoin is divisible into very small units of satoshis. There will always be willing sellers, though they may not be willing to sell for what some buyers want.
Like today we are using it with fractions so it won't be a problem if you are thinking there will be a shortage.copy
Bitcoin has a limited amount of supply which is 21 million. Through the demand for bitcoin is increasing day by day. But, to reach up to the limitation, people need to be quite rich. Even, there are many places where people don't even connect to the internet connection. We don't know what will happen in future. But, I don't think there will be any shortage of it.
Oh no, the amount in the system is not enough to be used to run worldwide accepted digital currency. May be it may be supported with other currencies like the ethereum. we are always complaining that bitcoin should be accepted as the worlds digital currency, forgetting that the amount of circulating coins cant even supply the population of a single country.
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