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Topic: Is it possible to have bitcoin shortage? - page 6. (Read 3081 times)

jr. member
Activity: 196
Merit: 4
September 03, 2018, 11:57:54 AM
Interesting question. However, because cryptocurrency is a digital currency, I would be surprised if we hear about a shortage of bitcoin. The price may decline, but to run out of bitcoin? That may be a bit harder to believe. If there will be a shortage of bitcoin then the price may increase way up.
newbie
Activity: 24
Merit: 0
August 24, 2018, 05:04:55 AM
At present, the amount of Bitcoin in the world has been exploited for 18 million coins. The rest are just over 4 million, but they are very difficult to exploit, the algorithm becomes more difficult, so the exploiters need a lot of power, for that purpose. We will not have to worry about the amount of Bitcoin. There are reports that Bitcoin remains available until 2140.
newbie
Activity: 41
Merit: 0
August 24, 2018, 04:22:01 AM
Bitcoin shortage can only means price boom in BTC. Then 1sats can worth a mansion, but before the time comes it is going to be in coming generation when the importance of cryptocurrency is fully known.
member
Activity: 434
Merit: 14
August 24, 2018, 04:01:15 AM
I do not think you will have trouble with this..Even now we use bitcoin as a decimal satoshi..When the demand is surplus and the price increases, it will be sold more decimally.
member
Activity: 210
Merit: 10
August 24, 2018, 03:44:39 AM
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 all we know that there are billions of people around the world and bitcoin supply is only limited. 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  of this moment i am seeing this already closely to happen...
member
Activity: 308
Merit: 15
August 20, 2018, 02:00:42 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.
yes it will come to a point where there will be a shortage on supply on BTC and that means the lesser the supply for BTC is the higher market price for it will be. But it could never come to a point where BTC will be distributed to all BTC investors or maybe if it will come to that point then possibly BTC will get the highest market price possible ever to be recorded in the market. However, nowadays still bitcoin has to show and market price are down the investors are lying low on their bitcoin investment waiting to get a bull before joining in.
member
Activity: 518
Merit: 21
August 24, 2018, 03:41:08 AM
No of course because the market price for bitcoin if there is only few left for bitcoin then possibly the market would go that much higher market price. Seeing bitcoin in high equivalency on to fiat money means that the bitcoin is already expensive.
newbie
Activity: 39
Merit: 0
August 24, 2018, 03:31:56 AM
Probably because the circulating coins are limited and there are too many people in this world, that's why we should buy bitcoins in the present. Since bitcoin is an investment like land or gold, people would get really rich if sometime in the future the supply will get low and the demands will be really high.
newbie
Activity: 16
Merit: 0
August 24, 2018, 03:27:21 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?

IF that would happen then bitcoin will be its madness - ranges its price that no one could easily buy but just those person who really are elites and very very rich. The possibility is not just as strong because even if the supply is 21M only, it would really be impossible if no coins just like bitcoin would influence its price.
member
Activity: 189
Merit: 12
Buy, sell and store real cryptocurrencies
August 24, 2018, 03:21:07 AM
As there is only  a limited number of 21 million bitcoins and every day new users are entering the bitcoin community due to high demand for bitcoins in the crypto currency market the price of bitcoins will definitely increase causing for shortage of the bitcoins when all try to join the bitcoin world and more over bitcoins cannot be duplicated and the price of satoshi's will start to go up due to increase in demand of bitcoins and  bitcoins will be most expensive things or will be the most expensive asset.
Actually bitcoin attracts so many people in most of the world right now, so of course bitcoin is possible of being shortage situation in the future. We all know that bitcoin is becoming the talk of the world gradually, thus there is no doubt that the number of people may touch the limited of 21 million bitcoins. However, I believe that with the development of so many coins such as altcoins, especially ethereum will partly solve some problems like this. Besides, the value of bitcoin can put in the top and it will be great benefit with those who own good amount asset of bitcoin.
newbie
Activity: 27
Merit: 0
August 20, 2018, 02:21:50 AM
Some countries may not think Bitcoin or don't care about it. Some people do not even know what Bitcoin is but they still work normally. However, if a country knows Bitcoin and many people use it, I think there will be many opportunities for capacity development.
jr. member
Activity: 280
Merit: 1
August 20, 2018, 02:14:57 AM
so far I have never thought about this. still tends to focus on the price of bitcoin which is still declining at this time. maybe too early if I have to talk about bitcoin supply for the near future.
hero member
Activity: 1139
Merit: 500
August 20, 2018, 02:08:32 AM
Bitcoin will not be shorted of it's marketcap, because the massive usage of bitcoin always increase in terms of selling and buying. Nothing to worry all about, it will remain into circulation with sustainable profit gains in trading. More products are now using bitcoin as their main payment, so people will spend btc as well as they demand digital currency bitcoin.
jr. member
Activity: 154
Merit: 1
August 20, 2018, 01:56:06 AM
It is very much possible and I think soon we will going to witness this because now everyone is start holding and if this happen then shortage will must gonna happen.
I don't think it's possible, bull market is around the corner and some holders have started panic selling in fear that bull market is not going to happen.
full member
Activity: 395
Merit: 100
August 18, 2018, 01:26:06 AM
As there is only  a limited number of 21 million bitcoins and every day new users are entering the bitcoin community due to high demand for bitcoins in the crypto currency market the price of bitcoins will definitely increase causing for shortage of the bitcoins when all try to join the bitcoin world and more over bitcoins cannot be duplicated and the price of satoshi's will start to go up due to increase in demand of bitcoins and  bitcoins will be most expensive things or will be the most expensive asset.
newbie
Activity: 112
Merit: 0
August 18, 2018, 01:18:58 AM
Limited supply. Demand will increase. Thus the price will rise. Weakness depends on how you define it. It's a simple supply-demand economy. And this has become a natural law in the world of commerce.
newbie
Activity: 98
Merit: 0
August 18, 2018, 01:15:16 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 believe that this can happen in the near future. The more demand there is, the more expensive bitcoin will be.
newbie
Activity: 77
Merit: 0
August 18, 2018, 01:08:05 AM
It is very much possible and I think soon we will going to witness this because now everyone is start holding and if this happen then shortage will must gonna happen.
full member
Activity: 470
Merit: 102
August 18, 2018, 12:16:42 AM
yes, bitcoin still has drawbacks such as a very limited total supply and many countries still do not accept the use of bitcoin so that it makes very strong pros and cons and makes the bitcoin price movement unstable.
member
Activity: 364
Merit: 10
August 17, 2018, 11:17:19 PM
I see that most people are fond of theory, which is generally far from real life. I still see that bitcoin several times will actually rise in price quite high, but not for long and each time will fall due to panic for many reasons. At its core lies the fear of the bitcoin holders for their large investments and the usual human greed. Partly will work and the lack of security bitcoin. They will not allow bitcoin to rise high in price for a long time. Bitcoin will periodically fall very deeply after such ups until investors understand this and will not refuse to invest in it at significant price points. I can not say what highs in the price bitcoin can achieve, but I think that it will not be more than one hundred thousand dollars. As a result, bitcoin will not be valued much higher than the rest of the coins, and then, this is with a good forecast.
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