Will bitcoins be antiques - page 17.

goldade

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Quote from: Aryadwipanggah on March 24, 2018, 03:11:33 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 think when bitcoin reach this 21 million coins supply, it wouldn't be a valuable antique but will rather still be in use because bitcoin is also a currency and not only an asset.
However, when bitcoin reaches this value, its price will be very high as the demand for bitcoin will be very high. It will take a lot of dollars to buy just 1BTC.

tuongvach

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stuffingfrisbee

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Yea I think so :v and it woulld be better too that we can show our children see that coins made your father rich once LOL

redhondaxrm125

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Quote from: Aryadwipanggah on March 24, 2018, 03:11:33 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?

Umm, I do not think that the word antique is the right word to express your thought..
Well anyways, I think that if all the 21 million bitcoin supply gets mined, then it will probably be worth more than what we expect it to be and would be a hundred or even a thousand folds of what its current price today is. It will be continually used but would be much harder to gain. Possible thing would be the satoshi usage in payments rather than a whole bitcoin for a payment. Or, it will just be more of a storage of value rather than a real currency as what people wants it to be. That is what I think.

yeomangay2

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Can anyone please tell me the difference between the topic of bitcoin gonna end and this? Man its just becoming so awkaward replying to same

criz2fer

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Quote from: smaneek101 on March 29, 2018, 11:50:22 AM

calling it antique is not applicable wid bitcoin it is very old but i assure you no one will call it an antique for the price .i think when oll bitcoin mined
the price will continue to rise with time. Bitcoin will most likely to be treated as valuable asset or we may say it antique in future. Wink

Bitcoin can be antiques specially when your an avid collector of bitcoin. Collecting physical coin can be more valuable if that could happen. But I think if that would happen, the value may be lower.

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Quote from: Aryadwipanggah on March 24, 2018, 03:11:33 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?

How can you say it become antiques? I am wonder why you're saying such things.As i know and i mostly i heard from my elders is its price may increase double since after reaching the 21 million its demand will be higher and supply decrease.Correct me if i a am wrong after reaching its price the mining system can be stooped.Anyways it still to much time or i should say a years required to reaching bitcoin to 21 million Maybe 30 or 50 years

smaneek101

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calling it antique is not applicable wid bitcoin it is very old but i assure you no one will call it an antique for the price .i think when oll bitcoin mined
the price will continue to rise with time. Bitcoin will most likely to be treated as valuable asset or we may say it antique in future. Wink

malikusama

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After seeing couple of answers in this thread i have just observed that bitcoin is treated as a valuable asset and not currency, and yes this is pretty much accurate.
A currency with a limitation or fixed supply cannot survive for a long time but if that particular is treated or considered as valuable asset then the scenario is change, the price will continue to rise with time. Bitcoin will most likely to be treated as valuable asset or we may say it antique in future.

onnz423

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That's assuming that bitcoin even manages to survive the almost century it would take to reach maximum supply. I really don't think we will be using bitcoin as a national currency then, and computing technology would have processed to such a degree that the encryption could be cracked by the most basic of computers.

sgenuine

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Quote from: Aryadwipanggah on March 24, 2018, 03:11:33 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?

It seems to me that after Bitcoin will reach limit of its coins some forks will appear for compensation. And people will start to collect coins which are related to Bitcoin. That's the way I see.

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vanjava

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Someday definitely bitcoin will be a very difficult antique to obtain. Because the number of bitcoins is limited and many people are mining the bitcoin.

ekaterinastrelnikova505

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Quote from: Aryadwipanggah on March 24, 2018, 03:11:33 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?

bitcoin is not an antiques but bitcoin prices pierce the price of antiques even bitcoin prices exceed the price of antiques, i'm sure the more forward bitcoin will penetrate the very fantastic price

shoreno

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Quote from: adolf512 on March 26, 2018, 08:28:11 AM

Quote from: Aryadwipanggah on March 24, 2018, 03:11:33 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 think you looked very far into the future. We can not know what tomorrow will be waiting for us at the crypto-currency market and what the price will be, and you are already thinking about when all the bitcoins will be extracted)) Time will tell ...

Most people says that bitcoin will be be a verry valueable coin and the value of it can roughly sky rocket if ever the 21 million limit has been achieved. therfor bitcoin wont become obsolete but rather it can become more indemand to the public. Many people will surely eager to have as much bitcoin as they can. that is why much better if we can now start buying and hodling it in order to accumulate more because when the time comes , we can always become a freaking billionares.

adolf512

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Quote from: Aryadwipanggah on March 24, 2018, 03:11:33 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 think you looked very far into the future. We can not know what tomorrow will be waiting for us at the crypto-currency market and what the price will be, and you are already thinking about when all the bitcoins will be extracted)) Time will tell ...

BelieveInBTC

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We don't know what will happen in the future to Bitcoin and the world. There might be a war or the whole humanity might be read. We are not able to predict the future. If we continue to make Bitcoin better, there is a huge chance that it will survive a few years. All coins are predicted to be mined by 2130, you will be dead. However every 4 years the reward for mining a block halves which means that Bitcoin price will continue to grow. I wouldn't be surprised if people wanted to buy 1 BTC for even 1 million dollars

Raline

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yes ,,, you are right, bitcoin will be an antique , token supply of only 21 million. I think if the long-time bitcoin holds a lot of resistance, it could be that the bitcoin price has increased and the antique BTc event could happen

Seriousbizz

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We really can't tell where bitcoin will be in a couple of years. Hell we can't even tell where bitcoin will be tomorrow because the market fluctuates so much and it is so volatile.

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