Will bitcoins be antiques - page 15.

Weeko

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Quote from: Aryadwipanggah on March 24, 2018, 04:11:33 AM

we know all the bitcoin has 21 million coins suply, will bitcoin be a valuable antiquity when it reaches 21 million coins or it will be the obsolete item that will be in its enthusiasts, what do you think?

Nobody knows what will happen to the market in a month and all these assumptions are only guesswork that will be far from the future.

blatchcorn

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great, lot of people are giving answer on it some are good and some are might be they can not answer on it ever, now lets talk about bitcoin basically bitcoin got own place in the market where some countries and their people some are talk about it good and taking interest on it and some are just talking about it this bad on both case bitcoin going famous and it will go long in future also in that time people will say it antique it.

capslajaro

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mihir2018

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It will never be antique. Because Bitcoin is now more than 21 million. This is like our future determinant. There are many types of work being done from the cutting of it bought from. By this it benefits a lot of people. I wander that it will not be antique.

jhache

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If large number of people start hodling their coins and don't use it much than yeah Bitcoin could reach antique levels but if most of the Bitcoins are used for payments and transferring money than the supply wont be scarce and Bitcoin will be easily available. But yeah once the mining reward ends after Bitcoin reaches the 21 million point there would be deflation.

Owen7021990

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I think it's valuable but can not be called antique

Ariess

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Quote from: Aryadwipanggah on March 24, 2018, 04:11:33 AM

we know all the bitcoin has 21 million coins suply, will bitcoin be a valuable antiquity when it reaches 21 million coins or it will be the obsolete item that will be in its enthusiasts, what do you think?

I'm not sure what you say, the word of (be antiques) it has meaning and means to have a concrete form.
bitcoin does not have it. so I can not answer what you discussed, because this is irrelevant for something to be discussed

Silberman

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Quote from: bitbunnny on March 24, 2018, 04:26:48 AM

Why would become antiques? Just the opposite, when Bitcoin reaches this limited number I expect for demand to get even higher and the price will rise significantly. Reaching the 21 million will not stop the use of Bitcoin but it will be much harder to get to the coins. At this moment it's hard to predict exact scenario but I expect the explosion of price.

I think that what the op is talking about is if in the future bitcoin is replaced by another coin, then bitcoin could become a collectible the same way people collect coins or stamps, while the probability of a future like that is low I think that could be a plausible scenario, in fact I'll be surprised if there were not people already collecting coins in that way.

gantez

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Quote from: Aryadwipanggah on March 24, 2018, 04:11:33 AM

we know all the bitcoin has 21 million coins suply, will bitcoin be a valuable antiquity when it reaches 21 million coins or it will be the obsolete item that will be in its enthusiasts, what do you think?

I do not think that when bitcoin 21 million is exhausted, then the coin would automatically stop because, there are going to be the circulation coin. Maybe, there might not be addition of fresh coin but circulation would still be on.

GeorgiyBilyk

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why the price of bitcoin is so high, because it is the very first and the oldest! of course the second reason that he does not have worthy competitors with a large capitalization! in any case, bitcoin took his place on the Olympus, and is not going anywhere from going there! it's the president of all the coins!)))))

raes

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The First Idle Defense Blockchain Game

Bitcoin is the currency that any country has no control over it. And I don't know why you call it antique. When it has reached the total supply, the situation in the market may be a bit surprising. But bitcoin will still be used. This is the difference when bitcoin belongs to a particular country, it can be replaced and can be renewed through a new political or economic policy. If it is replaced or renewed, then bitcoin could be in a state of antique. But as I mention, no country has control over bitcoin.

fernandoaleixo

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Quote from: Nerman on March 24, 2018, 05:38:28 AM

Calling it an antique is not applicable with bitcoin. Have you ever called fiat an antique? It is very old but i assure you no one will call it an antique.

For the price i think when all bitcoins are mined i think the demand wilk be higher than ever and make the price rise more.

This, not mentioning bitcoin it's happening right now, perhaps in a far-away future we can discuss that, but right now? Even if reaches the 21 million marks, that will just mean the currency price will be sky-rocketing because of demand! It will give space for other major coins! Perhaps in the next century where cryptocurrency is already established and part of the establishment, if bitcoin is no longer around, then we can talk about it...

jimmydvd

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in my opinion bitcoin can not be replaced because bitcoin is a benchmark for other coin coins, when bitcoin increases as well as other coins will experience a varied increase so I think bitcoin will be its own coin and can not be replaced. thank you

gentlemand

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Welt Am Draht

I do find the idea of an 'antique' crypto quite amusing but I suppose it's more than possible considering what bizarro things people are enthusiastic about preserving and maintaining.

Will Bitcoin itself ever reach that status? Nope. Check the amount of development going on. It's rapidly warming up and is only going to get more diverse and impressive in the future. Almost all shitcoin development can't hold a candle to the thoroughness and long term vision in Bitcoin development.

qyn0

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The deeper you peer into the Bitcoin realm, the more viscerally you come to grips with the essential fragility of all money—the “consensual hallucination” that sits at civilization's foundations.

gusnulyadi

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my opinion that could happen, considering the total number of bitcoin is 21 million pieces, In mid-January 2018, there were 16.8 million Bitcoin already "mined".
When bitcoin has been exhausted in the mine, and enthusiasts / investors bitcoin more and more then automatic bitcoin will be rare or antique.

angrygroceries

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Quote from: Aryadwipanggah on March 24, 2018, 04:11:33 AM

we know all the bitcoin has 21 million coins suply, will bitcoin be a valuable antiquity when it reaches 21 million coins or it will be the obsolete item that will be in its enthusiasts, what do you think?

I am no bitcoin expert so I come here to try and learn something from time to time. I have observed these discussion threads for a couple months now. Occasionally, someone posts something interesting and insightful. However, for the most part these threads consist of over emotional cum biscuits who are venting their reasonless predictions and suggestions. Please for the sake of everyone reading this thread, back up your claims with actual evidence so we can try and learn something useful.

freesia_pnp888

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it will be a long way to go there. however, enjoy the ride!

melonbtchunter

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My idea is that it will not be antique, because everyone will keep using Bitcoin and although Bitcoin will get the future 21M. Hopefully, Bitcoin will become more valuable in the future. It can be adopted in all countries of the world. If it can be promoted properly and people start receiving it, then it will be profitable in the future.

Kunal666456

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Whether an item is an antique or not depends on its number and its demand.Because the number of bitcoins is limited and its demand is very high, it can be called antque. Because it is not so difficult to achieve it, so it should be considered as aunt's idea that it is a thoughtful subject.But as long as the demand for something goes on and it grows, it can be called antique.
Because we know the number of bitcoins is limited so I have this antique accordingly.

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