Topic: Is it possible to have bitcoin shortage? - page 3. (Read 3081 times)
That will be when the total supply Is reached.
I don't think it is everly possible for bitcoin to start reducing in the wallet because, it is not a petrol that depreciate when heated by heat or even any other solid when transfom reduce in size, I only believe that its price can drop and later riwe back but it can not just vanish in tine air.
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 it is possible when people who have bitcoin keep it and hold it. They will not sell it and when there is a shortage in bitcoin, the price will increase because the demand of bitcoin is increasing.
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?
With respect to my own feeling in regards to this issue I do imagine that in the coming more years as the BTC people group is continue developing this issue may have a high probability to happen to have a lack in BTC. Well I figure this is something to be thankful for to happen and ideally the BTC will thought about it as a chance. 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?
No that wont happen that bitcoin will be out of order as the supply deteriorates the market price will goes high and for that bitcoin market price will just go higher but it could never lose its supply. This is the law and demand supply of cryptocurrency the greater the supply the lower its market price and the lower the supply the higher its market price will be.
I believe that no single coin will overthrow the bitcoin from his throne. bitcoin as was in the first place in the crypto community and will be on it
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 that the 21 million bitcoin coins are just alloted to those people who are indeed a bitcoiner. It is a fact that not everyone needs bitcoin. So for me, there won't be a shortage or else its price will skyrocket.
I don't think so that in future there will be a shortage of buying BTC because its not a local currency its a online transaction scheme. So its not possible until any limitations will be implement on buying BTC
More and more investors is increasing day by day and in future bitcoin demand will be more so shortage of supply is possible and in future bitcoin price will fly like rocket and who are buying and holding bitcoin these days they will be in good profit but this is the matter of time but this condition can be happen in future.
It is not possible, bitcoin is a digital currency and just as fiat currency, I don't think there can ever be shortage, the price will only go up and down depending on the demand and supply. This does not imply that there is shortage of bitcoin.
I a gree with you,
but bitcoin is not like a gold or coal mine that if we take it continuously it will run out, in my opinion bitcoin will never run out even though all people have it.
but none of these words are impossible for ether following the next bitcoin price.
but bitcoin is not like a gold or coal mine that if we take it continuously it will run out, in my opinion bitcoin will never run out even though all people have it.
but none of these words are impossible for ether following the next bitcoin price.
I think, it's possible. Remember that we have only limited supply of it and it is expected to be all mined by 2040. But I don't think it will affect how we make our merchandise 'coz we have altcoins for different use cases. The good thing here is that limited supply usually drives up the price.
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 really doubt it. But it can happen given that there has been a substantial amount of bitcoins left in other wallets and will not be able to access them without the key pass. That's a bummer since no one will ever retrieve that bitcoin and recirculate it back to total supply.
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Please note that you need to manually update your wallet, failure to do so may result in funds being lost.
For me, I think there will be no bitcoin shortage, it was create in a limited number. As the demand goes up the value of bitcoin adjusts. (just my opinion)
Not so smart thoughts you have. Bitcoin is not integer, you can divide Bitcoin as you want. You can have 0.00001 BTC or even less. And why do you think that everyone needs to have Bitcoin.
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
yes,they are waiting the right time when btc price become bigger.thats why they limit btc supply.but if we have enough btc then we will become profitable.
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?
Whether there is a shortage or not, it will still be a good thing. As we all know, we make the market possible and shortage means less supply and higher value. To be specific, this is the law of demand and supply, when there is scarcity in the sources or the demands, prices are high, like for an example gold. Even if this happens, it only goes to show that crypto currency is growing and that the market can potentially grow and increase in the future.
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 is it possible to have a bitcoin shortage. If everyone holds it and no one will sell it I think it will happen.
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?
If the Bitcoin is adopted all over the world then we will start using satoshi instead of Bitcoin. 1 Bitcoin can be sub divided into 10 million times. So it will be sufficient for everyone for daily usage.
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