Topic: Limit of Bitcoin - page 4. (Read 515 times)
There are only 21,000,000 bitcoin every where in the whole world. There will be no more creation of Bitcoin. The brice of bitcoin will continue to rise when there are few bitcoin released by individuals holding it. But when there is FUD as we witness in the past weeks holder tends to sell in panic and there will be more bitcoin in the market thereby draging the price down.
Once the limit of 21 million Bitcoins has been reached, price will continue to increase since there will theoretically be less Bitcoin exchanged on the blockchain. More people will own Bitcoin and forget their private key which means that Bitcoin will now be inaccessible. Therefore, there will be less Bitcoin in the system as time goes on, driving up demand, driving up prices. 
Once it becomes rarer and rarer to mine bitcoins, then will those who choose to hold their bitcoins enjoy so many profits because in economics terms once something gets hard to acquire, its value goes really up. I think about Bitcoin, and this is just my meaning.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
Bitcoin has come a long way since it had started and I do believe that it will further grow but still it does have limitations such as firstly, even after so many years it’s pop has not even come little close to popularity of fiat currency. Still most of the people don’t know what bitcoin is. Secondly,, internet is its limitation. Bitcoin requires a stable internet connection and still there are many countries on this planet where internet is not available leading to no bitcoin. As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
I think about Bitcoin, and this is just my meaning.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
I'm sorry but you all got it wrong, once we reach the 21 million the price will even go higher. Why? Because bitcoin is limited and getting close to 21 million mined will make it very scarce, and with the huge demand, the price will literally grow exponentially. Also you need to take note that bitcoin has its halving, meaning that blocks is going to be cut in half. So there's a possibility that the price could also increase as well.
I think about Bitcoin, and this is just my meaning.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
I'm sorry but you all got it wrong, once we reach the 21 million the price will even go higher. Why? Because bitcoin is limited and getting close to 21 million mined will make it very scarce, and with the huge demand, the price will literally grow exponentially. Also you need to take note that bitcoin has its halving, meaning that blocks is going to be cut in half. So there's a possibility that the price could also increase as well.
There shouldn't be a price reduction in any way if you think about it because the limit of bitcoin is really there to limit the amount of inflation which happens throughout time. PLUS, if we're limited it just means that less bitcoin could be used to buy things in the future. As more people will actually have less Bitcoin, so it is a very good thing.
It's better than traditional currency, as it isn't going to just print out whenever people feel like it. Once we've stopped printing it's over, and that's it.
It's better than traditional currency, as it isn't going to just print out whenever people feel like it. Once we've stopped printing it's over, and that's it.
I think about Bitcoin, and this is just my meaning.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
This means the demand for Bitcoin would rise and the price would also increase. This will gonna be good for those people who have Bitcoin for long time. The price would be so much valuable that you cannot even tempted to sell your bitcoin and just keep on holding it until the price reach the highest.
The demand will depend on use cases. If merchants begin accepting bitcoin as a payment, or if countries and governments begin sanctioning usage of bitcoin or cryptocurrency in general, then the demand for this useful coin will increase and drive up the price. That could take a lot of convincing, but it is possible.
I think about Bitcoin, and this is just my meaning.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
Basic demand and supply concept. As soon as all bitcoins are mined the supply will converge to zero it means that demand will rise because there are almost no bitcoins left and many people are striving to have it. The bitcoin's popularity also affects the demand to be high due to its features and investment purpose. This why bitcoin is powerful because it is popular and has a less supply. So better try to invest in a low supply altcoins that have a potential to be a rewarding investment.
Once the limit of 21 million Bitcoins has been reached, price will continue to increase since there will theoretically be less Bitcoin exchanged on the blockchain. More people will own Bitcoin and forget their private key which means that Bitcoin will now be inaccessible. Therefore, there will be less Bitcoin in the system as time goes on, driving up demand, driving up prices.
What you describe is supply decreasing, not demand increasing. Yes, once all Bitcoins have been mined the Bitcoin supply will effectively decrease, due to lost coins etc. This is something we can safely assume.
What we don't know, however, is whether demand will actually increase or even stay at current levels. If there's no demand for Bitcoin, even a reduced supply won't help the price much. In other words, a sustained increase of Bitcoin's price in fiat terms is far from a sure thing, despite Bitcoin's (long-term) deflationary nature.
I think about Bitcoin, and this is just my meaning.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
your question has the answer. since we have a finite number of BTC, it will remain free from inflation. which means price will go only up
Once the limit of 21 million Bitcoins has been reached, price will continue to increase since there will theoretically be less Bitcoin exchanged on the blockchain. More people will own Bitcoin and forget their private key which means that Bitcoin will now be inaccessible. Therefore, there will be less Bitcoin in the system as time goes on, driving up demand, driving up prices.
IT depends how it compares with capital gain and income tax in the country in general, and how they handle losses. Also depends when they calculate capital gain (at the moment of conversion to JPY, or each conversion between different cryptos).
55% on insane free money this year would have been just fine. it won't be fine when (if) crypto ever stabilizes. there again, it's early days, and governments will need some time to tune things.
the clearer the regulations the better.
55% on insane free money this year would have been just fine. it won't be fine when (if) crypto ever stabilizes. there again, it's early days, and governments will need some time to tune things.
the clearer the regulations the better.
I think about Bitcoin, and this is just my meaning.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
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