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Topic: Is it possible to have bitcoin shortage? - page 2. (Read 3081 times)

newbie
Activity: 77
Merit: 0
September 14, 2018, 08:18:23 AM
There is a possibility that Bitcoin can undergo shortage in future. This shortage keeps the price of Bitcoin high in the market. If it was cheaper and available to all, then maybe it wouldn't have been this popular in the market.
newbie
Activity: 107
Merit: 0
September 14, 2018, 04:16:21 AM
This supply causes price to go up as more people want to buy the token. However there can never be shortage of a coin as long as the coin is liquid, being traded continuously. So at every time there will be always be sellers and buyers. For this reason, there can never be shortage of bitcoin but there can be price increase.

You are right, bitcoin only have a fix supply and some of them already lost in some wallet that cannot be recovered so as time passes by the price of bitcoin rises up more.
newbie
Activity: 55
Merit: 0
September 14, 2018, 03:51:33 AM
This supply causes price to go up as more people want to buy the token. However there can never be shortage of a coin as long as the coin is liquid, being traded continuously. So at every time there will be always be sellers and buyers. For this reason, there can never be shortage of bitcoin but there can be price increase.
full member
Activity: 410
Merit: 100
September 13, 2018, 04:28:07 PM

This is the high cost of bitcoin.If there were an unlimited number of them,it would not cost so much.This is why alternative coins are created.Ethereum is certainly in the lead.But look at the stock exchange.I've lost count of how many new coins there are.Each performs its task.And Bitcoin is gold!)))
jr. member
Activity: 616
Merit: 1
September 13, 2018, 04:22:24 PM
The total supply of bitcoin will not be enough for the entire world population when it's ready for global adoption. It will result in its price rise, many people will be as lucky as owning a few satoshi.
member
Activity: 312
Merit: 11
September 13, 2018, 04:19:13 PM
For now it won't happen. Because now not the whole world depends on it. Only the crypto investors and user connected with bitcoin. But if its possible that bitcoin will be a global currency than it can be happen that bitcoin will be short for the whole world.
newbie
Activity: 130
Merit: 0
September 13, 2018, 04:11:26 PM
To store the bitcoin their are many way to store
newbie
Activity: 118
Merit: 0
September 13, 2018, 04:08:39 PM
21 million bitcoin supplies will definitely not be enough for everyone. But we also know, every bitcoin can be divided into billions of satoshi maybe with this division, everyone's need for bitcoin can be fulfilled.
member
Activity: 321
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
September 13, 2018, 04:08:12 PM
I think that it is possible to have the shortage of btc but it is not 100% that this will happen. to my mind, btc is a powerful coin and soon more and more people will understand this and buy it
member
Activity: 322
Merit: 10
September 13, 2018, 03:56:22 PM
I think that yes, why not? I am not an expert but to my mind, btc is the best coin ever and we need to consider buying it as well as ether which is also a good way to earn today taking not many efforts
jr. member
Activity: 98
Merit: 2
September 13, 2018, 03:20:11 PM
 don't expect there will be a shortage of bitcoin.Because bitcoin is divided into Satoshi.Maybe dollars are not enough to buy 1 Satoshi
newbie
Activity: 18
Merit: 0
September 13, 2018, 02:43:59 PM
This idea, or, actually, the discussion of possible BTC shortage reminded me of the Millennium Bug (Y2K Bug/Y2K Apocalypse). Do you remember the predictions? Whatever happened? Sometimes things are not what they seem to be. So, let's live and see. I believe the system will balance out in the end.
newbie
Activity: 78
Merit: 0
September 13, 2018, 02:07:21 PM
With respect to me, I dont think in the coming years bitcoin will come up short on deficiency on the grounds that the bitcoin network is developing every day. Well it really a deal however. Atleast it will make work and open door for individuals once the world gets include
jr. member
Activity: 331
Merit: 1
September 10, 2018, 11:53:09 AM
It will makes the price jump, the more people adopt it the more the demand will increase
newbie
Activity: 308
Merit: 0
September 10, 2018, 11:52:44 AM
If there would be no shortage, but infinite amount of coins printed every day, then the value of Btc would be 0. The reason that Btc, or anything else, has value is that there is limited amount of them available. If demand increases, then price increases, because supply can't increase.
full member
Activity: 378
Merit: 108
September 10, 2018, 11:41:44 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 you have a point but there most be a way to manage the once we have available because not every body that will hold all they have some meant decide to sell out and this will  create opportunity for does that have interest to buy, it normal that bitcoin trading can't not be dormant so they most be alternative if every body decide to hold.
jr. member
Activity: 331
Merit: 3
September 09, 2018, 01:21:02 PM
I agree with you. i think that there will be an alternative coin so the market will not only be for the rich but for everyone.
newbie
Activity: 99
Merit: 0
September 09, 2018, 01:10:11 PM
Yes, because as far I know there has a fixed amount of bit coin and if everyone buy and hold then market will go through bitcoin's shortage.
newbie
Activity: 23
Merit: 0
September 09, 2018, 11:41:34 AM
Of course, it all people all around the world use Bitcoin, It will be shortage. Because just having 21 million Bitcoin is not enough for 7 billion people. But, as a matter of fact, there is only one tenth people of all the world using Bitcoin. Moreover, the price of Bitcoin now is approximate 6500 USD- a big money.
newbie
Activity: 30
Merit: 0
September 09, 2018, 11:35:14 AM
no, it is impossible to have bitcoin shortage. Now, Bitcoin is  still mined continually. And Bitcoin is not popular spread, many people have not known about Bitcoin. It is extremely for all people to use Bitcoin because the price is high. Anyway, I still hope that Bitcoin can develop more.
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