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Topic: Is it possible to have bitcoin shortage? - page 4. (Read 3081 times)

newbie
Activity: 166
Merit: 0
September 08, 2018, 08:47:07 AM
In my opinion Bitcoin has limited inventory. Weakness may not be the right word but it may be an increase in demand that will push prices up. More and more people will try to get Bitcoin.
sr. member
Activity: 2422
Merit: 357
September 08, 2018, 08:32:05 AM
As far as i know, 80% of bitcoin has been mined so that means only 20% left to supply the market. If the remaining 20% mined, the supply will now limitted and the value will become higher. This is caused by the law of supply and demand where no supply with high demand leads to high prices.
member
Activity: 294
Merit: 10
September 05, 2018, 10:42:47 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
Yes, of course I agree with your opinion. This causes bitcoin prices to skyrocket because bitcoin in the world is limited. this is very lucky for Buyers and holders will become rich in the future to come.
newbie
Activity: 84
Merit: 0
September 05, 2018, 10:39:18 AM
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.
sr. member
Activity: 980
Merit: 294
September 05, 2018, 10:39:02 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.

A good point.

Just to add, if the demand will constantly increasing, the circulating supply will be the same as halving is the one responsible for this. The last bitcoin will be mined by 2140 in which new bitcoin that appear every year will decrease. So even people are dying to own some when there's just limited bitcoin in every year then they will have nothing to do but to buy even it's damn expensive. And there's no way to have a shortage in bitcoin hence people who hold bitcoin now is fortunate.

And having a finite supply, as so their scarcity increases.
jr. member
Activity: 192
Merit: 3
September 05, 2018, 10:35:58 AM
Bitcoin has a limited amount that makes it valuable. I think there will no bitcoin shortage but the price will keep increasing because of limited supply and that is great.
jr. member
Activity: 188
Merit: 1
September 05, 2018, 07:00:26 AM
I think it is impossible because then the price will rise and many people can not afford to own a small Bitcoin.
full member
Activity: 457
Merit: 100
September 05, 2018, 06:19:33 AM
I think it might happen because the condition of the total supply of bitcoin has very limited capacity and the demand is getting higher so I am sure this bitcoin will be increasingly difficult to obtain.
in my opinion the lack of bitcoin is how the market price can't be stable and changes a lot. and sometimes we invest not getting anything at all.
newbie
Activity: 29
Merit: 0
September 05, 2018, 02:07:13 AM
The world is gradually accepting cryptocurrency. If there is no crypto appearance. Maybe the economy will be stuck and just stop at the balance or go down.
full member
Activity: 756
Merit: 102
September 05, 2018, 01:09:47 AM
yeah i know but if all the people around the world will going to invest on BTC how much market price will it be for bitcoin? This could make some confusions when there are a lot of zeroes after the decimal point. So basically there should be a remedy that could not affect bitcoin market price at the same time the supply will grow.

many people said that bitcoin can potentially hit a milion dollar if ever the supply had run out .

Quote
This could make some confusions when there are a lot of zeroes after the decimal point.
no its not confusing at all . bitcoin is measured that way , so if ever the value increases , you can still see a lot of zeros when you are dealing about satoshis  .
Quote
So basically there should be a remedy that could not affect bitcoin market price at the same time the supply will grow.

what remedy ? theres no remedey because the price will always grow as soon as there is a lot of demand from the public . supply of bitcoin will not also grow since its already given that the supply is only limited to 21 million .
hero member
Activity: 2128
Merit: 520
September 05, 2018, 01:05:17 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?
That would indeed not create any kind of bitcoin shortage Grin Instead the price fir bitcoins will surely blow up and will reach some new heights. There are about 21M bitcoins in circulation and the price for them depends on the demand and supply factor. The price will always keep on rising as the demand for bitcoins will rise so we all should hope a better demand ahead as you mentioned and it would surely get us huge profits for holding bitcoins.
Indeed, the price will increase if demands calls for more people to start buying and holding bitcoin, things like this really make me invest my hard earned money to this system, believing that time will come and more adoptions will occur many will see that the value of even single satoshi will be more expensive,
no shortage will happen but continuous growth in terms of value, better to buy why while price still cheap and store it inside your safe wallet.
newbie
Activity: 9
Merit: 0
September 05, 2018, 01:00:22 AM
though  there is enough storage of bitcoin, its buyer is increasing in a very high rate....so there is a possibility of shortage of coin.... but the authority must take step about this..... besides the unstable price influence the investor not to invest here....
full member
Activity: 924
Merit: 221
September 05, 2018, 12:51:23 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 i know but if all the people around the world will going to invest on BTC how much market price will it be for bitcoin? This could make some confusions when there are a lot of zeroes after the decimal point. So basically there should be a remedy that could not affect bitcoin market price at the same time the supply will grow.
full member
Activity: 420
Merit: 100
September 05, 2018, 12:15:41 AM
if more and more bitcoin fans and the supply of bitcoin is up, of course that will make the price of bitcoin will be even higher, so in my opinion before that happens we must have bitcoin before the price becomes more expensive.
sr. member
Activity: 714
Merit: 260
September 05, 2018, 12:11:18 AM
When time comes that bitcoin is accepted worldwide and every governments are in favor of us then for sure most of the alternative coins are accepted too,and the tokens at the same time

If does then people will not only focus for the bitcoin to use since this will be much precious ,and if i were to choose i will prefer buying cheaper coin with the same function.after that do you think shortage will come?i believe its not right?
jr. member
Activity: 200
Merit: 1
September 04, 2018, 11:59:18 PM
I think it might happen because the condition of the total supply of bitcoin has very limited capacity and the demand is getting higher so I am sure this bitcoin will be increasingly difficult to obtain.
Shortage of supply make the price to go up. I believe that it won't take long to have very limited supply because everyone are not that greedy to keep on holding and they may sell after analyzing to get high profit from it. Even demand is increasing on the market, many are giving chance for them buy selling and get the price lower and affordable by them.
full member
Activity: 403
Merit: 100
September 04, 2018, 11:11:21 PM
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 Bitcoin will not be short of supply to meet demand, because I know that Bitcoin can be broken into the smallest part, and the price will increase following market demand, and Ethereum will be the second choice after Bitcoin.
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
September 04, 2018, 11:09:56 PM
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?
That would indeed not create any kind of bitcoin shortage Grin Instead the price fir bitcoins will surely blow up and will reach some new heights. There are about 21M bitcoins in circulation and the price for them depends on the demand and supply factor. The price will always keep on rising as the demand for bitcoins will rise so we all should hope a better demand ahead as you mentioned and it would surely get us huge profits for holding bitcoins.
sr. member
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
September 04, 2018, 11:09:15 PM
I think it might happen because the condition of the total supply of bitcoin has very limited capacity and the demand is getting higher so I am sure this bitcoin will be increasingly difficult to obtain.
newbie
Activity: 79
Merit: 0
September 04, 2018, 11:06:25 PM
Yes. It will happen . Like now , the price is very high because the supply is very limited..  It is very very possible that shortage will come.
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