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Topic: Will bitcoins be antiques - page 8. (Read 1573 times)

sr. member
Activity: 630
Merit: 251
May 27, 2018, 01:22:16 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 will never be an antique because it is a part of technology already. Bitcoin will fluctuate its price if it exceeds the maximum supply available since you are familiar with the "law of supply and demand". Also, it will be more noticeable to the people since the quantity of bitcoin will be comparable to the quantity of the fiat money. To that end, I am looking forward for this to happen because I am a holder of bitcoin.
member
Activity: 451
Merit: 15
Investor
May 27, 2018, 01:14:17 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Bitcoin is never outdated, and is always receiving nice updates from its developers. Thi means that bitcoin will never become an antique and much even more an antiquity. Moreover, when then21 million coins are already obtained, it's most likely that bitcoin is already considered as a curreny and we should expect bitcoin will be circulated across the users. Which meams that it will not go down or be obsolete.
legendary
Activity: 2534
Merit: 1338
May 26, 2018, 06:53:23 PM
I don't think bitcoin will be an antique.

That will happen after the supply of bitcoin reaches 21 million, and the value of bitcoin will rise.
Antiques are pieces of heritage that are not only tangible but should also be perceivable. And since bitcoin is a digital currency that could not have physical representations due to integrity issues, there is no way bitcoin would become an antique and so is all cryptocurrencies in the market right now. None of these has a chance of becoming antique because they weren't cut out for it ib tge first place.
Everything can become a collectible as long as people are willing to pay the price for it, maybe in the future if a new coin replaces bitcoin and bitcoin is no longer valuable as a currency people will still want to hold bitcoin because it was the first cryptocurrency to ever be invented, they may like to have it as a souvenir or something similar.
legendary
Activity: 2534
Merit: 1338
May 24, 2018, 11:59:02 AM
It should be understood that bitcoin stock is only 21 million, based on the story of many people then the number is not intact because many users lost bitcoin due to lost private key, lost password access and so on, with increasing number of users then if someday bitcoin users more than 100 million then if divided equally people have only 0.2 btc or less.
This is a mistake in the way you are thinking about the number of coins, regardless of whether or not the coins are lost the coins exist and are there, also its impossible to know if someone lost his coins or he is just letting his coins sitting there for a very long time, however you are correct the more people adopt bitcoin the lesser the amount of coins each user should have in average.
member
Activity: 518
Merit: 11
May 23, 2018, 09:04:49 AM
Well, this is a kind of question that no one can predict the real happen, but we just only pray for the good happen on bitcoin in the future so that people will continue investing on it and continue to spread knowledge on how to earn from it.
newbie
Activity: 79
Merit: 0
May 22, 2018, 11:43:51 PM
Bitcoin is still of great value, although it has not reached the level of 21 million, and it is now much less. Its value will grow, but not to the level of Antiques. It can become so if the coins are simply lost. And its number will be much less than the planned 21 million.
sr. member
Activity: 420
Merit: 250
May 21, 2018, 10:14:50 AM
I dont get why you would think it would be antique when all of the supplies will be mined and distributed. It wont be obsolete because it will be running around, and of course when it reaches to a certain value people will either hold it for long term because they will expect it to increase more in the future or they will let it go and sell everything they have because they will also think bitcoin is not here to stay forever.
copper member
Activity: 560
Merit: 46
Id Telegram : @dam_six
May 21, 2018, 10:12:14 AM
Bitcoin will not be an antiques but it will be more valuable and coin is difficult to find when reaching 21 million.

and I'm sure that Bitcoin will experience a price boom. because the owner of Bitcoin also reluctant to sell it so the price will be on the ride right.
jr. member
Activity: 462
Merit: 1
May 21, 2018, 05:01:53 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?
Its popularity and value can increase dramatically after all the coins have been bought. I do not think that he will be regarded as an antiques, but as something rare and very expensive Smiley Wink
newbie
Activity: 101
Merit: 0
May 21, 2018, 04:31:52 AM
Bitcoin is still of great value, although it has not reached the level of 21 million, and it is now much less. Its value will grow, but not to the level of Antiques. It can become so if the coins are simply lost. And its number will be much less than the planned 21 million.
member
Activity: 253
Merit: 10
Gamblica Token Sale launch 01.03.2018!
May 20, 2018, 07:41:26 PM
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?
When bitcoin reaches 21 million coins this will increase its demand. Then the price will be very high.
newbie
Activity: 53
Merit: 0
May 20, 2018, 10:18:21 AM
Bitcoin will never wear out, but bitcoin also can not be called antiques. When miners collect 21 million bitcoins, bitcoin values tend to be stable. And as many people expect, in the future bitcoin will become a global currency.
newbie
Activity: 91
Merit: 0
May 20, 2018, 09:37:35 AM
I am not sure of that. Because after it reaches the maximum rate then also it will be updated with something new. I am sure that bitcoin will be a running process and it is not going to be extincted so easily. For this bit coin not going to be antiques or something but its price may rise something unbelievably.
sr. member
Activity: 630
Merit: 250
May 20, 2018, 09:21:21 AM
Bitcoin will not be antique. If bitcoin is not used it means it loses value. That also means bitcoin will collapse. Bitcoin must always be active in the market.
newbie
Activity: 218
Merit: 0
May 20, 2018, 09:20:46 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?

That depends on the demand for bitcoin, if many want bitcoin because of the benefits of bitcoin, it will make the bitcoin more searchable, bitcoin is higher in value and can be antiques.
jr. member
Activity: 168
Merit: 4
May 20, 2018, 09:12:13 AM
I think bitcoin there are only 21 million will make bitcoin become valuable, rare and the price will be more expensive. Not that antique and obsolete, it will be more valuable. More and more people are hunting for bitcoin because it is rare and expensive. The more invested and one day I'm sure bitcoin can be used as a means of payment.
member
Activity: 182
Merit: 11
Try as hard as you can!
May 20, 2018, 09:12:06 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.
or a hard drop suddenly cause peoples will start to think it not relevant anymore to get so high fees for every transaction and surely slow. will people paid a transaction fees for $100-$1k everytime to make a transaction even-tough that time bitcoin price was $100k. 
newbie
Activity: 322
Merit: 0
May 20, 2018, 09:05:42 AM
Yes it will, it has a limited quantity which makes it very much in demand . The main rule of the market says, there is demand-and will supply, The fact that its production is difficult and it becomes more difficult to produce makes it very rare-and Antiques e this is what oen rare
newbie
Activity: 51
Merit: 0
May 20, 2018, 08:48:44 AM
because this bitcoins are more valuable then other alter coins,where many of users are using in all over world and setteled in life by improving their standard life.
member
Activity: 72
Merit: 10
May 20, 2018, 08:48:10 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 will be a mightier and more majestic king than any other digital coin, and it will become an ancient object if its market price rises sharply and does not increase.
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