Pages:
Author

Topic: Is it possible to have bitcoin shortage? - page 8. (Read 3081 times)

member
Activity: 252
Merit: 10
August 16, 2018, 12:29:00 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?
If I understood that correctly I think that my name of the last block is unavoidable and bitcoin supply will never be decreased that it was initially created, but after that the price will as well unavoidably grow.
newbie
Activity: 65
Merit: 0
August 16, 2018, 11:02:43 AM
There cannot be a bitcoin shortage. It has limited supply , so if there is more demand , the higher the prices, that is why it's better than common fiat which has somewhat unlimited supply leading to inflation. That's why bitcoin is better than fiat but the powers that be will not let it come to the fore.
newbie
Activity: 203
Merit: 0
August 16, 2018, 10:38:18 AM
I think it will happen when bitcoin stops mining new coins. There is gonna be more demand and less supply. But seeing the situation of current market, I have become stressful. I do feel things would be better after some time but this time is tough for crypto traders.
newbie
Activity: 24
Merit: 0
August 16, 2018, 10:08:15 AM
It must be noted that all resources are limited, but it depends on how we use them, to make them beneficial for our world
full member
Activity: 330
Merit: 101
Hi I'm KS03
August 16, 2018, 09:13:51 AM
The price will skyrocket (as it has in the past) if we start to get a tightening supply of Bitcoin.  I doubt a shortage is possible.  Everyone has their price.  The ETF will allow the banker/govt to print unlimited bitcoin.  That will be interesting. 
newbie
Activity: 114
Merit: 0
August 16, 2018, 08:40:36 AM
The shortage of Bitcoins is possible. I think every big increase in the price of Bitcoins is due to a shortage of Bitcoins. We all know that Bitcoins were designed to cut production by half every four years. This rule is thought to have something to do with the previous two bull markets.
sr. member
Activity: 1638
Merit: 300
August 16, 2018, 08:37:10 AM
Yes it is.  Bitcoin is limited and it will never enough for everyone. Also if shortage happened,  the value will be very high making it's user / investors really wealthy.

well, Bitcoin has a limited supply so that will be obvious that not everyone will not get a share on the supply of Bitcoin. And the more that everyone wants to get a share of Bitcoin, the more the demand became higher and the more the price of Bitcoin will rise since the price of Bitcoin is based on the law of the demand and supply.
full member
Activity: 391
Merit: 100
August 16, 2018, 08:33:53 AM
Yes it is.  Bitcoin is limited and it will never enough for everyone. Also if shortage happened,  the value will be very high making it's user / investors really wealthy.
hero member
Activity: 840
Merit: 520
August 16, 2018, 03:46:27 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 think not yet possible that bitcoin will get shorted because we can see that bitcoin is continuously mined and there are millions of people who are investing into bitcoin and there are millions of bitcoin present in the market and this is like other Fiat currencies which keeps on circulating and there are very rare chances that it could ever be fell short otherwise bitcoin bitcoin is very sustainable crypto currency and I am sure that it will last for many decades.
newbie
Activity: 51
Merit: 0
August 13, 2018, 01:59:13 PM
It has been estimated that the last Bitcoin will be mined around 2140. So many people have projected that there could be a shortage after all Bitcoin has been mined.
But this wouldn't happen if Bitcoin is serving it's purpose as a currency. This way Bitcoin people wouldn't hodl BTC and there could be proper exchange of the digital currency.
sr. member
Activity: 2002
Merit: 250
August 13, 2018, 11:42:46 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?
Bitcoin supply is limited, but as long as there are transactions I think the supply of bitcoin will not run out,
unless all bitcoin owners store the bitcoin they have and never sell it, but is that possible? try thinking again.
jr. member
Activity: 140
Merit: 1
August 13, 2018, 11:35:51 AM
Bitcoin and the truth may well not be enough for everyone who wants to buy it since they are limited. This is one of the reasons for their high price.
newbie
Activity: 124
Merit: 0
August 13, 2018, 11:16:30 AM
No. Not gonna happen. The demand for it will rise up resulting in higher price because the supply got fewer. Law of supply and demand.
newbie
Activity: 40
Merit: 0
August 13, 2018, 10:48:01 AM
In the event that it is conceivable, I dont think bitcoin was even made for everybody to hold a bitcoin for each person. Perhaps you misjudged the genuine motivation behind bitcoin. However, in the event that it comes to a point wherein bitcoin would all be mined then that would be the time the cost expands in light of lesser supply and more on the request
member
Activity: 134
Merit: 10
August 13, 2018, 10:44:36 AM
It's not likely. There's always BTC trading in the market. If BTC demand is high, do you think BTC prices will keep falling? The price of BTC will fall because demand is not high.

member
Activity: 236
Merit: 10
August 13, 2018, 10:38:59 AM
Even now it is not every body in cryptoworld that own a whole one bitcoin, most of us have it in fraction of satoshi. so people will buy in fraction of satoshi. It will be a plus for early birds like us. The higher the demand the higher the price.
newbie
Activity: 9
Merit: 0
August 13, 2018, 10:30:17 AM
I don't think there is any chance of shortage of bitcoin... but nothing is impossible. if you find any possibility you can think about other crypto currency.... there are also other growing crypto currency also.
sr. member
Activity: 658
Merit: 256
August 13, 2018, 09:37:27 AM
IMO, there won’t be a Bitcoin shortage since the price will adjust according to demand and supply. Bitcoin will get more expensive in the case of more buyer and less seller.
newbie
Activity: 24
Merit: 0
August 13, 2018, 09:18:07 AM
If someone who is super rich like Bil gates buys lots of cryptos then may be shortage will come.
full member
Activity: 507
Merit: 100
August 13, 2018, 05:19:26 AM
Deficit generates demand, and consequently - prices for scarce goods are growing. As you know, the maximum number of bitcoins is limited to 21 million coins. The restriction on bitcoin emissions, coupled with the loss of coins with loss of access to purses, makes this deflationary currency.
Pages:
Jump to: