Topic: Will the high demand in BTC cause more supply of BTC someday? (Read 447 times)
no the supply of BTC will not increase by the high demand in bitcoin because the total supply of bitcoin fixed 21M , the high demand in bitcoin cause increase in btc price .
December 08, 2017, 06:37:21 AM
No,there is only a fixed amount of bitcoin. Thats why because of limited supply of bitcoin and higher demand of it the price continue to increase.
December 07, 2017, 09:54:24 PM
I've read about this, the numbers of btc is 21 million, and its only have available btc 6 million to mined. So i dont think so if its becoming more btc someday.
December 07, 2017, 09:41:29 PM
Will the amount of bitcoins available forever remain 21 million BTCs? Many people are joining the Bitcoin bandwagon as days go by. Will there be a time when the 21 million BTCs won't be enough ? Any suggestions ?
There will probably be no more btc than the 21 million btc available as you think. Since the beginning of the 21 million figure has been fixed, if the demand increases, the btc supply will increase, perhaps the btc price has stopped at several thousand dollars or even a few hundred dollars. You should understand why btc prices are going up as high as now. December 07, 2017, 09:31:01 PM
Will the amount of bitcoins available forever remain 21 million BTCs? Many people are joining the Bitcoin bandwagon as days go by. Will there be a time when the 21 million BTCs won't be enough ? Any suggestions ?
Impossible to add more bitcoin aside from the pre determined number of 21 million (once everything is mined). By the time that Bitcoin is widely used then we are going to transact using the satoshi. This is the reason why the price of bitcoin is increasing because it doesn't have an inflation and it is always experiencing a high price once the demand goes high.
December 07, 2017, 09:13:20 PM
Will the amount of bitcoins available forever remain 21 million BTCs? Many people are joining the Bitcoin bandwagon as days go by. Will there be a time when the 21 million BTCs won't be enough ? Any suggestions ?
I think even if we have a high demand for bitcoin it wouldn't cause more supply of bitcoin,It would only rise the price up after all 1 bitcoin could be divided into Sat's or satoshi.
December 07, 2017, 01:59:37 AM
I think the amount of bitcoin will not increase just because of high demand. It said that the number of bitcoin is fixed at 21 million. You don't need to increase the supply just for high demand. As for economy when the demand is high the higher the price of the product. Aside of it there are 8 decimals before having 1 bitcoin which means it can supply all bitcoin users. And besides bitcoin flows in the market, here comes the trading process. One can have bitcoin but they exchange it for another currency, so now they no longer hold the same exact amount of bitcoin they have before.
December 07, 2017, 01:35:07 AM
21 million bitcoins limit would remain unchanged forever.But people would start using the word satoshi in future which represents 0.00000001 of 1 BTC.Bitcoins value is very high today reaching $14,160 and so,10,000 satoshis equals to $1.42 which would be a much affordable amount for even normal people to buy.
But there would be a great demand for whole bitcoins in future when all 21 million bitcoins supply gets completed.Bitcoin would be saved as a treasure at that time.
But there would be a great demand for whole bitcoins in future when all 21 million bitcoins supply gets completed.Bitcoin would be saved as a treasure at that time.
December 07, 2017, 01:23:42 AM
i think not , because the limited supply make the demand is uncontrolled and the price is higher time by time so at the end of the btc supply . btc will growth and the btc transaction just by trade
i hope you can get what i want said
i hope you can get what i want said
December 07, 2017, 01:03:35 AM
Will the amount of bitcoins available forever remain 21 million BTCs? Many people are joining the Bitcoin bandwagon as days go by. Will there be a time when the 21 million BTCs won't be enough ? Any suggestions ?
Of course it will not because the high demand in Bitcoin will soon result into price to skyrocket. In fact the supply will become scarce due to investors keep on holding their coins for long term investment. Whales are hoarding and most of the bitcoin community from early to late adoptors makes Bitcoin more valuable than today. I know that time will come 1 Satoshi can be equivalent of todays price of 1 BTC or even more like we can buy house and lot, cars or almost anything and that is because of the increasing trust by public and private companies, increasing Bitcoin community and greed investors. For me hard forks are just system upgrades and some kind of free coins or giveaway it will of course not change Bitcoin's supply. 
December 07, 2017, 12:58:12 AM
Will the amount of bitcoins available forever remain 21 million BTCs? Many people are joining the Bitcoin bandwagon as days go by. Will there be a time when the 21 million BTCs won't be enough ? Any suggestions ?
By the time the last bitcoin is produced, so many forks will appear, that most people will stop understand what bitcoin is.21 million BTCs X N will be enough
there has been hundreds of bitcoin forks already. check out the altcoin lists and check from where they got their source code and you will realize that the forks are not a new thing.
also there has been thousands of altcoins created from other altcoins, a handful from scratch.
... and still bitcoin is bitcoin and you can use it as a payment but nobody even cares about altcoins apart from pump and dumping them. and that won't change with these new forks of bitcoin either.
in other words you are a fool if you think supply is increasing just because some other fool forked an altcoin out of bitcoin!
December 07, 2017, 12:43:40 AM
I think it is already been set the 21 million bitcoin that has been made wouldn't change even if the demand for bitcoin became so high,
I think that they couldn't add more than that because it was already been set from the start.
I think that they couldn't add more than that because it was already been set from the start.
December 07, 2017, 12:33:32 AM
Will the amount of bitcoins available forever remain 21 million BTCs? Many people are joining the Bitcoin bandwagon as days go by. Will there be a time when the 21 million BTCs won't be enough ? Any suggestions ?
you are thinking about it wrong. there are 21 million whole bitcoins but also there is 8 decimals after the 1 whole bitcoin. which means there are 2,100,000,000,000,000 satoshi available and if you think about it, that amount is more than enough for the number of people who might be interested in bitcoin and want to use it. it will never be every single person on earth so it is enough.
and with the value of bitcoin rising with more adoption, 1 satoshi will have a meaningful value. currently at $0.00014
When we reach the level where 1 Satoshi = $0.01, we will have to consider adding some micro units to accommodate for more units. Adding more units will not increase the supply cap of 21 000 000 coins. Changing the Total supply will never receive consensus from the people who own bitcoins and who are running full nodes. Adding more coins will devaluate their existing coins and people will lose trust in this technology.
The value is linked to scarcity and if you can add bitcoins any time you want
December 07, 2017, 12:22:19 AM
The high demand of bitcoin will only make the price of bitcoin to be higher but cannot lead to the increment in quantity.
December 07, 2017, 12:17:24 AM
Will the amount of bitcoins available forever remain 21 million BTCs? Many people are joining the Bitcoin bandwagon as days go by. Will there be a time when the 21 million BTCs won't be enough ? Any suggestions ?
Bitcoin can not be more than 21.000.000 around the world, that is why the price of bitcoin is always increasing time by time, it has made bitcoin is best choice as instrument of investment there are no inflation in bitcoin, bitcoin is always enough for everyone because bitcoin can be broken into the smallest unit, i think if you think bitcoin is not enough for you still there are many choice in alternative coins that has large of supply but i don't think the values of coins will increase fast and many people addopt the coins. December 07, 2017, 12:10:42 AM
No it should not. Bitcoin is Bitcoin because of the limited supply and I guess that is more than enough for all of us. I cannot even earn or buy 1 BTC, Imagine that, 21,000,000 BTC and yet you are not able to acquire 1 BTC. Even if the demand goes higher, BTC will remain with the limited number of supply and I guess increasing it will damage the reputation of Bitcoin, Trust from the community will lessen and worst, it's price might crash real hard that no one will use it anymore.
December 07, 2017, 12:08:40 AM
No. Increasing the supply would be bad for everyone that is involved. A single Bitcoin can be divided into 100 million units, so there should be enough for everyone as the value grows. Should Satoshis start to be worth too much, the network will simply have to introduce more decimal places. There's no need to increase the supply. There's also no reason to believe that this will happen in our lifetimes, so it's a complete non-issue.
December 07, 2017, 12:06:55 AM
like most comments in here i don't think that's possible the bitcoin supply cannot be expand unless they figure out otherwise which i dont think will happen
Will the amount of bitcoins available forever remain 21 million BTCs? Many people are joining the Bitcoin bandwagon as days go by. Will there be a time when the 21 million BTCs won't be enough ? Any suggestions ?
I think even if we have a high demand for bitcoin it wouldn't cause more supply of bitcoin,It would only rise the price up after all 1 bitcoin could be divided into Sat's or satoshi.
Will the amount of bitcoins available forever remain 21 million BTCs? Many people are joining the Bitcoin bandwagon as days go by. Will there be a time when the 21 million BTCs won't be enough ? Any suggestions ?
Yes, Bitcoin supply will forever be 21 millions and It's enough.The actual supply after all the coins are minted will be a lot less, The total supply will be like ~17 millions. Jump to: