Bitcoin Forum

The argument is again and again that the value of Bitcoin will increase because supply is limited to 21 million. But this is quite simply wrong. Every time Bitcoin is forked that is in real terms an expansion of the Bitcoin currency beyond 21 million. To some degree the same is true of alternative crypto currencies which will flood the market. There is already more than 1000 cryptocurrencues ( https://en.wikipedia.org/wiki/List_of_cryptocurrencies )

Th forking (or absence of it) does not effect Bitcoin's supply. At best, you can consider it as a "gift" to all bitcoin holders, which will increase the overall worth. It in no way impacts the overall supply of 21 Mn, which is set in stone.

That is precisely my point. I create "Bitcoin2" by forking. Then I create "Bitcoin3" and so on and so on. In reality what I am doing is issuing more Bitcoin. That I call it a different name does not change the reality.

No, the supply is limited. If someone forked bitcoin then it will become a different coin, completely different than the bitcoin itself.
You create bitcoin A B C or something else but the amount of your original bitcoin is still the same.You are issuing another coin, forked from bitcoin. You can fork bitcoin 10 times but it will be useless if no one support that chain.

BTC have finite supply of 21 million coins and that is a fact which is very well known.I do not know why you think that some altcoin which have "bitcoin" in his name can change total number of coins.Most of that altcoins even with "bitcoin" in their names will simply disappear over time.There is always a option to increase total number of BTC,but I think nobody wants to that happen.One of the reasons why BTC is most popular cryptocurrency is his limited supply among other things,and 1000 more new coins on market will not change anything.

I think you do not understand how it works. Hardfork does not alter the maximum supply of bitcoin, it just creates an altcoin based on the current blockchain. But bitcoin will still have 21M maximum supply. If ever the hardforked coin survives, it is just an altcoin and will compete with bitcoin on the market.

I heard that argument over and over again, but I don't think it is a valid one. When you are forking bitcoin, you are not altering it's supply. You are creating a new coin, that needs to have a set of different rules, and so it cannot be considered bitcoin, so you can't say it's adding more coins to the BTC max supply.
The altcoin that results from that fork, could be accepted or not, and even if they are, they will not be confused with BTC.

Are you saying that bcash, or bgold is bitcoin? Are you saying these coins are an extension of bitcoin? They are not, so you can't say BTC limit supply was changed. You saw what happen after the B2x failed fork. Bcash was being pumped like crazy, and BTC price was decreasing. So basically these coins were "competing" with each other. Given this behaviour how can you say that the bcash fork was an expansion of bitcoin? They are completely different, and no mistakes should be made about that.

In that case, go ahead and try to send one of your "Bitcoin2" or "Bitcoin3" to an exchange, a wallet or a merchant, and see if they accept it.  They won't.

If you create a new client which abides by different consensus rules to the reference client (currently Bitcoin Core) you are creating an entirely different currency.  It could be that you call your new currency "Bitcoin" and that it garners enough consensus to be regarded as "Bitcoin" by the majority, but even if that occurs, the supply of the original chain will stay consistent.

You clearly do not understand what forking software entails.

I disagree, Bitcoin have limited supply of 21 million, if someone forked Bitcoin and created a new version of Bitcoin it doesn't mean that the supply will increase because the forked coins and Bitcoin will work on different blockchain. The hard forks may help to increase Bitcoin price and the demand because people will surely dump the coins they will get from the hard fork to buy more Bitcoin, but that doesn't mean that it is the only reason why Bitcoin is skyrocketing because the real reason is more and more people and business are adopting Bitcoin.

21 million sypply !!!!

All the acolytes in here are clearly religious - "21 million" is the holy word, and thou shall not dare to say otherwise.

Bitcoin and the altcoins are all competing for the same attention/market and therefore cannot in any way be seen as independent. Saying the mantra "21 million" will at the end of the day mean nothing when market power takes over and the inevitable crash comes around partially due to massive oversupply

You are right partially as there is no limit to the prices of Bitcoin. Currently it says 21 million but more and more will mined and the limit will keep increasing . Then comes the price of Bitcoin . Who expect the prices of Bitcoin to rise upto 10 times the price past year. Infact now it's even more and there are many predictions which say that Bitcoin can easily cross 10k by the end of this year.

yes its the problem. but its not really a problem i think. cause if its accepted by people so on it will have a value. so why we worried about such thing after all we know which one is the real bitcoin and which coin is worth with highest market value

the argument is about price is rising because adoption of bitcoin is growing and the limited supply is the icing on the cake for the bigger rise.

gold has a limited supply.
gold is an element in the periodic table, but we have 118 total elements. does this mean when we extract lets say iron from iron ores we are increasing the gold supply? if so then yeah bitcoin supply is increasing with fork too!

You have a flawed understanding of forks. None of the recent forks have been accepted as Bitcoin2, and none of them ever will be. They're considered as altcoins which are basically using Bitcoin's branding to their advantage. Coins are only as valuable as people deem them to be, and no one would support a coin that just aims to increase supply. Why increase the supply if Bitcoin is infinitely divisible anyway? There will only be one Bitcoin. Bitcoin Cash and Bitcoin Gold are altcoins, much like Litecoin or Ethereum.

Do you really believe that the comparison you make is relevant? Are you really that stupid?

It does not affect the maximum suppply of Bitcoin. If you fork Bitcoin there would be an altcoins (Name of the fork) + Bitcoin) They are trying to make a 2.0 Version of bitcoin. It would not really change anything with Bitcoin it self.

Yes - is is purely a fantasy and like all dreams you will wake up and it will be gone.




Clearly you are driven by a religious belief. "There will only one god" replaced by "there will only be one Bitcoin". But as in all religions, people tend to start beleiving the "one god" is slightly different and then you get different gods and wars over who believes in the true god. The recent war between Bitcoin and Bitcoin Cash is only the begining. Ultimately these will all destroy each other and credibility in the cryptocurrencies will be totally gone.

You really don't get it do you?

A person wants to invest 100 USD of real money in cryptocurrencies. If there was only one crypto - Bitcoin - with a limited supply, then over time you can argue price will go up as long as that person really want to by crypto for his USD. But when you then have more and more cryptocurrencies, some of the people will choose to put their 100USD in competing cryptos. And this means in reality that the supply of crypto currency is growing exponentially and without limits

No matter the forks bitcoin is limited to 21millions and that can't be changed. Every other coin that come out as a product of fork has nothing to do with bitcoin, except a part of the name but basicly these are just altcoins that don't affect the bitcoin supply. And once when the limit of mined bitcoins is achieved the price will have the huge pump.

I think original poster resisted on fact that no matter how good/bad hardfork is, original Bitcoin users are going to receive it's token so..  :)

The fork was made to introduce a coin that can probably divert the bitcoin market not increase the supply of bitcoin none in this place or even no one can increase the supply of bitcoin this thing makes bitcoin weak because as the demand continue growing the supply need to accomodate them all but since its limited the only way is to increase the value of bitcoin.

The cryptoes are fungible, hence doesn't matter what you label them

You could make the same argument for any investable asset.

There are tens of thousands of stocks and bonds, and yet many investors pour large sums into them.

You could also say that if another online retailer starts up, then that somehow devalues Amazon.

I see the same thing with Bitcoin and other (forked) cryptos and alt coins.

Bitcoin is like Amazon or Apple and, until a better crypto appears, all the others are like Poundland.

While there is unlimited fiat money waiting to be invested, there will continue to be growing demand for Bitcoin,

That's cryptocurrency as whole, not the supply of bitcoin, that is a two different things. Bitcoin always has a finite supply of 21 mil and you can't change that even with endless fork. On the other hand, people are free to create their own cryptocurrency, if it's good people will use it, it will survive and become alts, if it's dead then it's just like another shitcoin.

It is fascinating to see for us investors to see that the number of bitcoin supplies is are always met our demands which is a bonus to us bitcoin users. Because this is one factor which is huge for factor for a trading business because one of the basics in surviving in a economical industry of ours is to always meet up the demand of your consumer because if you cannot hit the demand then it is a huge setback for your consumers.

I agree with your assessment if that fork did not get enough support they will just be considered as altcoin with the name bitcoin on it, there's only one bitcoin and it's supply is limited and cannot be changed.

And it does. It is called competition.

You really do not get it.

Yes bitcoin really does not have limited supply. The argument is again and again that the value of Bitcoin will increase because supply is limited to 21 million. But this is quite simply wrong. Every time Bitcoin is forked that is in real terms an expansion of the Bitcoin currency beyond 21 million. To some degree the same is true of alternative crypto currencies which will flood the market. There is already more than 1000 cryptocurrencies . Bitcoin is really successful.

You argument si completely flawed, because there clearly is a demand for these altcoins

You simply cant compare bitcoins with BCH or BTG. They might work on very same blockchain but are quite dissimilar. First thing the value of bitcoin cash is nothing in comparison with BTC. Bitcoin supply isnt increasing its just a parallel bitcoin being formed.

It may be limited but it cant be easily consumed. People today wont be living to see how bitcoin would be comsumed. because it could take many years to mine all those coins and maybe if that happens. New blocks or coins created by blockchain will be introduced as a new bitcoin.

Bitcoins supply still has more compared to other bitcoin crypto. It is still capable to circulate all over the world.

Of course I can. The cryptocurrencies are essentially fungible

I think what he means to say by low demand is that it has lack of support from core miners. Like out of the 40-50 miners in the core team just a bunch of them support these parallel bitcoins.

Limit of 21 million coins is hardcoded in Bitcoin code. Forks are not part of Bitcoin, they are different currencies

All crypto are capable of circulating all over the world

Well, but how this differs from creating just another altcoin? You can create hundreds of them but it will not change the limit of Bitcoin's overall supply which is 21 million.

You can create Bitcoin2 and say that this is the same thing as Bitcoin, but will people be buying your Bitcoin2 at $7,000+ per coin? I seriously doubt that.

No they won't - and that is also why the realization will sink in that there is also no need to buy Bitcoin at those levels at all, and the party will come to an end

Yes bitcoin does not have a limited supply because many people are supporting bitcoin nowadays, BTC have finite supply of 21 million coins and that is a fact which is very well known.I do not know why you think that some alt coin which have "bitcoin" in his name can change total number of coins.Most of that alt coins even with "bitcoin" in their names will simply disappear over time.There is always a option to increase total number of BTC,but I think nobody wants to that happen.One of the reasons why BTC is most popular crypto currency is his limited supply among other things,and 1000 more new coins on market will not change anything.

number of trolls on this forum is increasing by the minute these days. honestly is it that hard to see the difference between bitcoin and all these forks?
it is not like they have anything in common apart from the name which those altcoins are using to their own advantage.

Okay, so I'm just gonna skip the argumentation phase and get right to the point: You're half right.
Bitcoin in its current state, has a limited supply: 21 million. However, changes can be made... If the whole network agrees to it, we could up that limit. Now I seriously doubt that will ever happen, but it's possible.

But that wasn't what you were trying to say. You're saying that if someone forks a coin, it would effectively up the coin's supply limit. This is not true.
If you fork a coin, you increase the supply limit of ALL cryptocurrencies together. Not that of Bitcoin. The supply limit of Bitcoin stays the same: 21 million.

Though I must say that I sort of agree with you that the argument of "Bitcoin has a limited supply" isn't a great argument for its price to rocket. It's partly a reason. If Bitcoin's supply could grow 10x in 1 month, obviously no one would invest in it. Luckily, that's not the case and Bitcoin's inflation is quite low.
However, it's quite likely that Bitcoin won't keep growing. Why? Because there are a whole shit ton of other cryptocurrencies out there, each competing to become the largest. And is Bitcoin, the oldest crypto of all, also the best crypto? Probably not. There are many cryptocurrencies offering way faster & more anonymous transfers, lower fees and other awesome features.

Bitcoin's dominance isn't an infinitely strong force. It's going to collapse and other, more advanced, cryptocurrencies will take its place. It's not a case of "if", it's a case of "when".

In short: Bitcoin has a limited supply. It's not a great reason to invest in it though, as there will be many, far more advanced, cryptocurrencies, competing for dominance over the relatively new world of cryptocurrencies.

Regards,
Trump

I think you confused and shouldn't in threads if this is the kinda dribble you going t post. Did you even think about what you were typing before typing it?

Please learn more about what you talking about before making topics like this thank you.


The price will go u because the demand is high. This guy didn't even mention this. What an annoying topic.

Sorry that you do not have the wit to understand the argumentation and are confusing the topics. The underlying reality is that the cryptos are fungible, and to boot demand will no longer be there

I don't understand that why you are thinking about the bitcoin fork experiment result in negative ways , Here you need to know first about the bitcoin fork that why they are doing many times , The team of the bitcoin can do Thier fork experiment all at the single time but in actual they are not doing Because they know that if they will then surely lots of time of 2-3 days will take and that will result into stop of the market of the cryptocurrency without the use of the bitcoin .
So they are doing these forms in step by step and also clearly the team said that the new coin that we got from the fork are not bitcoin and that are optional for you to have , so it is your need that you will have or not.
Even lots of people are in the bitcoin hold in big amount who have not yet withdraw Thier bitcoin cash and gold , so you can expect that people have believe in the bitcoin , the newly generated coins are just optional and are better for the trading purpose and make profit .

No, you are wrong, Bitcoin is BTC, if another alt coin comes, like BCH, BTC Gold or any other currency, it is not the same coin! When you do a fork, a new ALT Coin comes, this is not the same coin as original one.
Cripto currency are infinite, you can create your coin now if you want, but the supply of orignal Bitcoin Core is 21 million, this was in code created by satoshi nakamoto.

You really really do not understand it do you? It does not matter at all what the names of the coins are. The are all fungible and hence will directly impact on the overall supply and demand for the market for crypto currencies.

This is a good news, initially I just thought the bitcoin supply was limited, and it would peak at some point. At that time the bitcoin source will be exhausted and we lose white!

You are absolutely right. Bitcoin can't be created more than 21 million. Only the price of Bitcoin will continue to grow in the future. Hovewer, I can't say the same about other cryptocurrencies so their diversification and quantity may grow.

yes it's an advantage for someone who joins bitcoin with no limited supply anyone can join bitcoin ..
with that we can search for more additions by joining in bitcoin

Bitcoin is not the representative of all the crypto-currencies. It has it own supply and blockchain. Anything else which has its own blockchain too is not Bitcoin, and their supplies can not be summed up. For this reason, Bitcoin truly have a total supply of 21 million.

Actually, there is no effect of Forking on bitcoin. So, the supply of bitcoin is limited and here your argument is not right at all.

the forks is classify as altcoins and it is different from bitcoin

one of the most important things in bitcoin is limited number which make many invest in it

If I think total bitcoin supplay will not increase despite existence of hardfork. Hardfork just as ico that we know, the creation of the coin this result of the discussion and approval of minner around the world.
so it will not affect the suppply bitcoin.

Please try to understand the fundamental before you speak:

Given the example of BTC and BCH, they are both completely two separate cryptocurrencies  - each has its own blockchain network.  

Can you use BCH to purchase goods if the merchant only accepts BTC ? Or Vice Versace  ?

Don't be such a dope and stop wasting other's time !

There are so many spreads of mis-information on the internet that it really make people's  life difficult...

Bitcoin have a limited and finite supply. In fact, there are only 21 million Bitcoins that can be mined in total. Once miners have unlocked this many Bitcoins, the planet's supply will essentially be tapped out, unless Bitcoin's protocol is changed to allow for a larger supply.

Wow - the lack of intelligence in here is amazing. You are totally not understanding the fundamentals here and even though I have explained the details many times in this thread you clearly still do not understand it. This is why Bitcoin (and other coins) will crash - it is now only being hyped by people like you with no understanding of the actual reality

You are wrong. Bitcoin does have a limited supply. As you said, every person here can create their own hardfork of Bitcoin so why didn't you create your own Bitcoin in order to exchange in to the real one? That's quite simple. Someone is willing to pay for hardforked coins because such person thinks they might be worth more in the future. No support from community = your hardfork is worthless.

No, he totally get's it. 

Forks do not produce bitcoins.  By your logic anyone can have gold if we just call dirt gold.

It seems that you are the parrot here...
You can say that cryptocurrencies are unlimited in their supply but "BITCOIN" itself is limited. Your title says "Bitcoin does not have limited supply" and that's totally utterly wrong. End of story.

I consider the forks of Bitcoin to be altcoins. Bitcoin has a limited supply but there is no limit to the altcoins that can be created so the supply of those coins is unlimited. However, many altcoins will fail and those coins will be worthless. Only a few good cryptocurrencies will be able to survive more than a few years because the competition is so great. Even many of the Bitcoin forks will fail and be worthless at some point.

Agree that Bitcoin itself is limited. The other coins have their own supply.

Well the title of the thread can be mischievous.
Bitcoin ,the only crypto currency with that exact name, does have a limited supply of 21 million coins only that can't be increased or decreased in any possible way.

You're saying that we can create an unlimited number of hard-forks which makes it theoretically not limited to that number.
Well hard forks are kinda given some attention these days only because Bitcoin has a few issues that actually need to be solved.

But actually once these problems are solved, any new hard-forked coins that arise will have no value since they won't solve or add anything new. So basically they will have no community supporting them which means = total failure.


According to what you just said, the price of btc won't go up since it's actually not limited and new coins are emerging from it.
Well then please explain to me how the increase of price from less than $4000 to $8000+ is valid ALTHOUGH two hard forks happened during this time frame.

I guess you got the point. Whatever they try to do, BTC is and will remain the mainstream coin.

This is a controversial issue.

It is true that 'real' Bitcoin has and forever will have a limited supply of 21 millions coins. But it's also true that all this forked versions, as well as altcoins, tokens, etc. are flooding the market creating inflation.

As I see most of people here disagree with op. I think he/she does know that Bitcoin supply is limited to 21m but he/she is looking at the matter from different point of view. He/she is talking about the flow of money into forked or altcoins. So people can use new coins for their transactions and it cause the total supply not to be fixed.

I can understand this but Bitcoin will still have his own limit at 21Millions coins!  So Bitcoin is pushing his limit but only vitually.

Most altcoins are just forks of Bitcoin anyway. Why is your argument relevant now in 2017, when it applied just the same to Litecoin in 2011?

By consensus rules, your contention is false. Forks of bitcoin are specifically not Bitcoin. The proof is in the pudding: look at the price. A single bitcoin will cost you over $8000 today. A litecoin costs $71 today. Clearly, the market sees a difference between [21 million BTC] and [105 million BTC+LTC].


Do altcoins/tokens (including these recent altcoins that take the "Bitcoin" name) dilute Bitcoin's investment potential? Surely they do! Some people are buying Bcash or Litecoin instead of Bitcoin. But that's a different matter entirely. That has nothing to do with the supply of Bitcoin.

Nobody ever said that BTC gets a monopoly on cryptocurrency investment. This is a market, and BTC simply has the best fundamentals and strongest brand. This could change in time, but I don't expect it to.

Had bitcoin not been open source most iof these forks and shitcoins wouldn't have come flooding the markets like vampires looking for prey. I think there are many coders out there that just fancy releasing their won coins to serve a purpose at any particular point in time just like Hilary coin and Trump coin came up last year during the US elections. They just twerk a few lines of code and pooh, a shitcoin is born

We've seen similar predictions many times here on this forum: "The end of Bitcoin", "The bulb will burst soon", "Will Bitcoin last long?" etc, etc.

Why do you think there is no need to buy Bitcoin at today's price when demand is only rising and hence the price of BTC in the future will be most likely higher than it is now? No one knows the "real value" of anything, it's the demand is what the key factor for the price we pay for things.

And in terms of demand, here is a detailed step-by-step guide to how the events will unfold for Bitcoin (and the other cryptos):

- Bitcoin will start dropping in value sharply
- Bitcoin promoters and investors will say that this has happened many times before
- In this forum especially all will be saying to buy because it is cheap, and many will say to hodl
- price drops further, and all promoters will keep saying we have seen this before and it is a good time to buy and hodl
- price drops further, and waiting transactions are now mounting rapidly because despite the cries of "hodl!" quite a few people want to get out. But the way Bitcoin works prevents all from exiting when they want to.
- The price to get your transactions through becomes very high, in reality meaning only people with large holdings of Bitcoin can afford to get out. And they do because they have in many cases bought at below 1000$ and therefore they want to take their profits.
- As it becomes clear price keeps declining and it is impossible to get out, the smaller investors start to panic. It is the same as being in a large building with many people and only one small fire exit when there is a fire
- Prices now decline to a level where the miners can only make money by charging very high prices for transactions
- The high prices for transactions and the low price of Bitcoin means that no smaller investors can now get out of Bitcoin
- The price stabilizes at a very low level and it is impossible for the small investors to get out as no miners can make money any more
- Nobody want to buy into Bitcoin because of the very high transaction fees
- Game over.

Yes you  are correct. Bitcoin has only 21,000,000 supply and it is considered that if the traders already reach the supply there will be big tendency that it will be more expensive and more valuable.

In terms of the amount of bitcoin users maybe the bitcoin supply is largely due to this crypto currency and many miners in different parts of the world. I think it's going to be a long time ago because it's still unpredictable and bitcoin users are increasingly growing in the world because there are so many mines that people use for bitcoin as it multiplies.

I think that there's no limit to bitcoin because it's a crypto currency, because it's money for a long time maybe it's supposed to be in supply because of the number of users now you can not really count.

BTC is not the same currency as BCH or Bitcoin Gold... they are derived from BTC. BTC has a limit of 21m. BCH and BCG have their own limits

Do you understand the nature of fungible assets?

BTC and BCH aren't fungible with regard to one another. That's why they have different values.

Clearly, there is a steep learning curve in cryptocurrencies. Anyone buying into Bcash based on fundamentals (or because they believe that BTC=BCH) is in for a world of hurt once they realize that the rest of the world isn't buying into Bitmain and Roger Ver's bullshit. Bcash supporters are depending on greater fools right now that are buying into your logic, and maybe that can sustain their pump-and-dump scheme for a while.

At some point, even the newbies will start to realize that copying Bitcoin's UTXO set =/= issuing new BTC. Have you noticed how nobody is even using Bcash or Bgold?

USD also does not equal Indian Rupees, but they are still fungible. You don't get it.

All what you said may happen (or may not happen) only after the first thing in your list happens, namely " Bitcoin will start dropping in value sharply".
What do you mean by that? How much should Bitcoin lose in 24 hours, in your opinion, to be in this situation? Or did you mean this will be happening during a month or two?

And the main question. What makes you think that  demand will go down in the future?

Yes, forking is not mean to increase the total supply but just maintenance for bitcoin like make transaction quicker for example.
Bitcoin is set only for 21 million coin and no more.
May i know what it mean bitcoin supply is set in stone? Does it mean it not possible to break it?

Forks (in this case: hardforks) don't change anything regarding bitcoin. It generates a new Altcoin with the same block history until forking block of BTC.
This Altcoin will have the same features as bitcoin plus the freshly implemented (like 8mb blocks in BCC).


Yes, its not possible to "break" the maximum supply because its hardcoded into bitcoin itself.
The only "option" would be to create a hard fork.. but this, as already mentioned, would create a new altcoin and would have nothing in common with bitcoin.

In my opinion, I think even they will create a fork in bitcoin it will not increase the supply of bitcoin and it will remain at 21M. I see some bitcoin forks and they have the same supply @ 21m and it will never increase. NEVER.

The hard forks will result in new alternative coins which are NOT bitcoin core . They will have other codes and other market caps but bitcoin's supply will be 21M for sure . But what people don't know that we won't reach that number any soon . We are at approximately  15M bitcoins currently and it will take at least 20 other years to reach the 21M bitcoins (with the idea or let's call it rumor  in the back of the head that Satoshi Nakamoto has 1M just for himself ) due to increasing complexity of the codes , weak hash force of the miners that do bitcoin compared to other cryptocurrencies which their mining is easier and cheaper due to new codes and improvements in the technology used .

There is only limited number of 21 million bitcoins available in the crypto market, in the early stages of bitcoins it was easy to mine bitcoins at home computers but now it is not possible with normal computers as every time the level of difficulty of mining bitcoins increases, it will approximately take more than 140 plus years to mine the whole bitcoins. Bitcoins are not extendable as there is only limited space of 1MB crypto currencies but the hardforks are mere copy of bitcoin crypto currencies which is a different or an upgraded version of bitcoins comes under the name of bitcoins like Bitcoin cash which was hard forked in the month of August 2017.

If anything bitcoin sort of don't have limited supply because it will take an extreme amount of time before it reach the max supply and NOT because of forks.

Imagine a coin max supply  will be reached after the heat death of universe, we would never reach a max supply and the coin would be always getting a influx of new coins like a coin with inflinite supply, bitcoin does that, but in a WAY, WAY, WaaaaaaaaaaaAY smaller scale.

Bitcoin has it own limited supply. It's only 21m and no more

You must make more research about bitcoin before saying something. 21 millions is bitcoin's limited supply.

The 21 Million Cap is not really the hardest cap. It is just a mere figure of how many bitcoins can be produced using the old blockchain technology. Who know's it may still go up or increase depeding upon the advancements of the blockchain.

indeed bitcoin will not run out because the stock is very much so until whenever will not run out, different stores have limited supply of goods, this one of the advantages of currency in gital ,,, hope the future will be better .

Yes over 21 million and its not a limited supply.

I think they are gonna stay with the current supply. They not gonna increase .

Supply of btc is adequate until it dominate the world market.   

The popularity and the craze of btc will definitely be the cause of limited supply.

it has nothing to do with each other. Whatever is forked from bitcoin is not bitcoin anymore. Bitcoin remains with total supply 21m coins unless people decide otherwise and start using forked currency and calling it bitcoin, which is extremely unlikely.

I am not sure about this one, but I really know that somehow there are Bitcoins that are being forgotten and been lost forever and I would really see if that would really make Bitcoins supply go down.

This is 100% true, FORKS are not affecting the number of bitcoin supplies, this was made to make free tokens for BTC holders.
But, the negative side of this is the group of people who made the FORK will get more coins as they manage it.
they are having much free money for the future.

If the Bitcoin is introduced into the circulation of the purchase of goods, then the percentage of loss of keys and wallets Bitcoin will increase many times and it may come to its extinction as dinosaurs.  :'(

You are right partially as there is no limit to the prices of Bitcoin. Currently it says 21 million but more and more will mined and the limit will keep increasing . Then comes the price of Bitcoin . Who expect the prices of Bitcoin to rise upto 10 times the price past year. Infact now it's even more and there are many predictions which say that Bitcoin can easily cross 10k by the end of this year.

Well, if bitcoin have a fork, then that fork won't be bitcoin anymore, it will be a new coin.
Bitcoin have 21 million max supply is true. Do you think it is easy for a new forked coin have a value like bitcoin ?
Bitcoin has been forked several times, but none of them approach the price near bitcoin value.

no, you're wrong. Bitcoin have limited supply. It is 21 millions.

People still have rumors about the scarcity of Bitcoin. Where Bitcoin supplies are where Bitcoin is still limited.

I do not think that bitcoin has a limited supply, but it has an adequate supply for the investors to buy and invest, just like other altcoins especially the stable coins ,they have an adequate supply of coins to be invested in the market.

Once all 21 million Bitcoins have been exploited, supplies can not increase, regardless of the increasing demand. The result of this difference between supply and demand will make Bitcoin valuable.

The fact that thousands of copies of bitcoin are created does not reduce the price of this bitcoin:) I think it's clear to everyone, or eventually it will be clear:)

Fork coin is a fork coin, not bitcoin even if it forked from bitcoin. And bitcoin is still have 21 million limited supply.
look ETH, it doesnt have limited supply because in coinmarketcap i dont see any max amount of it. If bitcoin doesn't have max supply, i think bitcoin price could not be expensive in the market.

You can create unlimited Bitcoin forks, but these wont take much from Bitcoin dominance percentage over all crypto coins. Thats why Bitcoin is such safe bet among crypto coins, even though dozens Bitcoin forks happened in last year.

All I know is that Bitcoin has a supply of 21 million and no more. Bitcoin continues to spin like a life cycle. There are some people who win it and deviate bitcoin for its sake and there are also people who buy bitocin for trading. And I think that bitcoin is a bit more than the total supply said.

Last supply is 21 million coins. Very cheap supply coin bitcoin is a huge currency. This bitcoin at the world is very popular. Do not understand why bitcoin why so much less coin supply. Limited popularity like other popular currency.

We all know that gold has a limited supply. But it is not only about supply.
Someone who considers to invest for gold may think that its price too high to buy and look for other metals like silver or platinum. Like investing other metals rather than gold, we can say that adding other metals into the market as a investment tool makes an imaginary effect (even though supply for gold is very limited).
Alternatives can change market rules and makes an effect as if supply is increased.

as far as I know, btc has a supply limit of 21 billion, but we don't know yet whether it will continue to increase due to the fact that until now it still can be mined freely and reliably.

Supply of btc is adequate until it dominate the world market. The popularity and the craze of btc will definitely be the cause of limited supply.

i think it's a completely other thing you talk about, you create a different chain, so that's not effective BTC anymore....

bitcoin has a supply of 21 million coins that cannot be added and subtracted. with bitcoin suplly, the less supply it can make bitcoin prices are expensive and continue to rise

those shit forks are not bitcoin they are altcoins! you see you can copy the code but not the network of it, not the hashpower of it, you cannot copy the brand and you cannot copy the reputation that the bitcoin has earned overtime, though i believe that being not scarce is not wrong, dollar is not scarce, gold too is not scarce.. but bitcoin will always be a scarce.

Forking never means increasing supply of the forked coin. It only means creating a new coin with a lot of similarities but the original always stays untouched. And history shows that original coins remain more populair than their forks.

As a leader in coin and other altcoins in the market and any trading sites ,I believe that bitcoin has enough supply of coins in the market, so the customers and investors can sitll invest if they like to invest in this kind of coin in the market, so it is not true that bitcoin has a limited supply of coin in the coin market.

it only breaks the focus of enthusiastic bitcoin users. besides that, the bitcoin branch is only for making profit for a moment. I believe Bitcoin remains 21 million. and others only trace the success of bitcoin. by just modifying the characteristics of bitcoin. they developers hope to compete with bitcoin. but it's a big mistake. bitcoin remains number 1.

You're just creating another cryptocurrency, like eth, ltc, etc. That has no impact on original Bitcoin's supply.

Thanks. ;)

Even there will be a thousand bitcoin fork it even doesn't affect the 21M supply, as obviously the fork coin have different supply and besides those fork coins is already consider an altcoin.

Well I think the argument is more clear, stop dreaming that those fork coins can replace bitcoin on its position, even they claim that they're more faster and low trnx fee, and that's BS.

Bitcoin forks are indeed strange, but a fork doesn't increase the supply of bitcoin any more than simply creating a new coin or ICO creates more bitcoin supply.
It's a new coin, that just happens to share the same blockchain up to the point of the fork, so you inherit all the transactions that happened previous to the fork (but not after).
It's very weird, and hard to grasp why it works. The actual creation of the new coin is not a hard thing to understand. That's just mechanics.

Forks don't increase the supply, they make more denominations within the same limited supply. If you own 21 coins pre-fork then you own a millionth of the total supply. After a fork, you still own a millionth of the total supply of either chain.

Bitcoin volume still remain 21 Million despite the number of forks. What happens when bitcoin is forked is that a new coin will come out of bitcoin. The last time bitcoin was forked we had Bitcoin Gold  BTG but this did not increase the volume of bitcoin as it is still at 21 million. Forks happen to increase the scalability of bitcoin as people will leave the main blcokchain and move over to the new coin and this will free the block of bitcoin a bit  for  faster transaction.

I think forking exists in nature... so no need to worry too much.

 However a fork should be considered artificial or fake of the real thing until it is becomes widely used. For example,  if you successfully create a replica of real Gold called  "R. Gold" by mixing different elements/compounds... you will still have to convince people that your RGold is better than real Gold. If your RGold is really better people will join you and start producing the RGold. The RGold will Ofcourse have limited supply because the elements for creating it will have to be mined and we assume their supplies are limited.

If fork occurs, new kind of altcoin will born but not adding to the current supply of the bitcoin. And if you say that there is unlimited supply then the price of a single bitcoin would be very low even considering the number of forks that will do on the future.

Not really true. Bitcoin is still have limited supply of 21 million. If bitcoin forked into other coins, then it won't be a bitcoin anymore i guess.
Up to date, there is no coin have value like bitcoin. It means bitcoin is bitcoin, forked coin from bitcoin will never same as bitcoin.

The author, I do not understand you a little. Yes, emissions are limited to 21 million tokens. The farther, the harder is the extraction and consideration of these factors - yes, the currency becomes more expensive

After the fork it's already have new identity so how come its still bitcoin? it will be classified as a new alts where the intentions is to be use same a like
how bitcoin was, the success of bitcoin can't be duplicated even its came from the core as people who understand bitcoin and support bitcoin will continue
to stay with the original one where they already familiar using it.

I agree (partially) with that statement. The other crypto adds its supply to the supply of bitcoin. But the catch is in the weighted way that the new supply should be added. To be more precise: if a new crypto has some little fraction of bitcoin's total market cap, then the total supply of bitcoin can be increased with the same fraction of the new crypto's supply. Those weights make those 1000 other cryptocurrencies completely insignificant, with maybe a few exceptions. Those exceptions do add some more-or-less significant fraction to bitcoin's 21 million, but all in all I guess it is just another few millions. Probably much less then the total lost bitcoin count, anyway

Even though bitcoin has limited supply I wouldn't really say it does because their are other cryptocurrencies that are the same.  It's not like pople will only use bitcoin in the future, they will use all the other coins as well.  It's clear that consumers like choice.

some ppl can't get where is a real one "Bitcoin". they are not looking for tech, they are looking for profits.

maybe what I know is that the amount is limited in supply but the unlimited is the exchange and movement of buying and selling of the crypto currency itself and with that trade the price and value of crypto currencies vary in price

i think this is the best answer i saw so far because it explained the simple rules that is referring to argument in this post. Bitcoin supply is limited which in other terms is finite. You cannot say that bitcoin expand its supply by forking. Maybe ask more bitcoin experts for you to understand well about this topic.

You are right partially as there is no limit to the prices of bitcoin.sometime is currently it has a supply of 21 million coins.supply of btc is ample until it tame the universe  bazaar.that has no influence on original bitcoin's supply.

Well patt0 agrees that BCH and BTC compete with each other. He says
I say that the fact that they compete with each other for the same USD money (if one price goes up, the other goes down) should make us draw opposite conclusions than patt0 does: namely, the right conclusion as I see it is that the supplies should be added, because they compete for the same USD money!

I'll give you an example.
Example 1. If there are 100 bitcoins and all people in the world are happy to pay in total 100 USD for the bitcoins, the price will stabilize at 1$/BTC.
Example 2. If there were 50 bitcoins and all people in the world were happy to pay in total 100 USD for the bitcoins (total market cap just like in Example 1), the price would stabilize at 2$/BTC. But if they executed a fork (another 50 BCH, created out of thin air), competing with original BTC, making its price to go down to 1$, then we would have 50BTC at 1$, 50BCH at 1$, and total supply would be 100 cryptocurrency units (they have added up!) just like in the Example 1.

As you can see, the supplies should be added, because they compete for the same USD money!

the maximum supply is 21m and I believe the price of bitcoin will continue increasing after last coin will be mined 

At this point, it can be said that bitcoin has finite numbers! About 21 million, this number changes when the consensus members and developers change! I do not hope that, I hope much on the altcoin!

Creating a new currency is not really a difficult thing to do. If you own 21 coins at a fork, you own a millionth of your total supply. Bitcoin always has a limited supply of 21 million and you can not change that even with endless forks. Bitcoin volume is still 21 million despite the number of branches. Last bitcoin was split in two, we had Bitcoin Gold BTG but this did not increase bitcoin volume as it is still at 21 million. I think forking exists in nature so there is no need to worry too much. The author, I do not understand you a bit.

nope, BTC supply is limited, fork just makes some new coins which are AltCoins, not Bitcoin.

Bitcoin will always remain capped at 21M. The forks being created have no impact on the existing blockchain.

As far as I know bitcoin have limited supply, and according to the articles that I have read it is about 21 million. I hope that this supply will never end, and I hope also that shortage will not occur. :)

For me with this 21 million supply of bitcoin, I think it is really hard to be end and will never be shortage because of some big whales are more on hodl, with their great knowledge in manipulating bitcoin market by investing it in proportional in balance. Because big whales are the main character that moves bitcoin market to become progressive and more stable.

so far, the existence of bitcoin is limited, and only amounts to 21 million. then not everyone can have it. Moreover, actually getting bitcoin is quite difficult, because the amount is limited. but even though the amount of bitcoin is only 21, it does not rule out the possibility that we cannot have the opportunity to have bitcoin. if we have a business, of course we can get bitcoin

It doesn't matter how many times you fork bitcoin because in a long run those fork will become useless and will have no value because bitcoin holder will still prefer holding Bitcoin legacy than Bitcoin forks.

Of course bitcoin has its limit supply, we would miss it. What is more than 21 million is not bitcoin: it is something else, not even remotely comparable.

Looking at the coinmarketcap you will see that the total supply of bitcoin is 21million..... Bitcoin cash is just a bonus to every bitcoin holder, so bitcoin cash may be forked of bitcoin but that doesn't say it increase the number of supply of bitcoin... Seeing different Altcoin with bitcoin in there name doesn't make it affect the total supply of bitcoin.

I heard that bitcoin mining will take place over 20-30 years, and when all of it will get the bitcoin will get a huge price.

Bitcoin has a limit, which is 21 million bitcoin. After that there is no bitcoin mining, so the price of bitcoin becomes a question mark, will it go up or even go down? Various speculations emerged, according to the perceptions of each and based on emotional and logical analysis.

No you are wrong on all of your points. Bitcoin has a finite source only,  I think that is a common knowledge everyone must know and as we all know (or we must know),  it is only contain to 21 million. When we are talking about forking, it does not really alter or change the amount of coins we have. You have justified crested an altcoin that have different rules and etcetera that will compete to the market but it does not really creates new because again, it is actually based on bitcoin. So I do not really believe on your point because these thing is actually must be a common knowledge for people like us.

There are no any reason that bitcoin does not have limited supply. I think you are wrong. I believe it's supply is 21 million fixed. But price of bitcoin is not limited.

The limit of bitcoin is only $ 21 million, and certainly the supply is limited even to the emergence of any kind.

Fork has no affect of Bitcoin Supply, FYI.

therefore the bitcoin will always supply 21 million and will not be added and reduced whenever possible, so the fewer supplies available, the more expensive the price will be and that will definitely happen

There are so many crypto currency in the market but bitcoin demand is the different and not any another alternate coin can not replace it and can not down the price in the market. Fork of the bitcoin will not affect to it market supply and that will not change because that is already planned.

Bitcoin is only a limited resource, its limit is 21 million, and the quantity demanded determines its price, if the demand increases, the price increases and vice versa.

Your accusation is false, Bitcoin does have a limited supply, the forks don't change the original Blockchain.

As far as I know, the number of bitcoins as well as other coins is limited. Of course, there are also such coins, which make an infinite amount and they are called scam ;D But I am sure that Bitcoin is not such a coin ;)

It is simple, any fork of Bitcoin is not Bitcoin but rather called as altcoin.  Thus, this means that Bitcoin will only have limited supply which is stated on the whitepaper.  We can have unlimited fork of Bitcoin but it is fact that the recognized official Bitcoin blockchain will only have 21 million supply.

as far as I know, like that, Bitcoin has limited supply and is increasingly depleting. but we don't know how the future is, there is a possibility if Bitcoin will add to the supply or make other coins that are just different names. all possibilities can still occur so just wait for how it will be. just take advantage of the potential that Bitcoin has now before it's too late.

And so you create another altcoin based on a bitcoin key. Nevertheless, regardless of the name, it will not be Bitcoin, it will be altcoin with a name similar to Bitcoin. So it is possible to confuse a novice or inexperienced user. For example, Bitcoin Cach, despite the similar name and common origin, it is nonetheless not a Bitcoin.

Before investing in bitcoin, i think you should learn about it first. Bitcoin's limited supply is 21million.

Bitcoin actually has a fixed volume of 21 Million and about 16 Million in circulation. When bitcoin is forked a different altcoin will be birthed and this will never increase the volume of Bitcoin beyond the 21Million as stated above. There have been so many forks since last year on bitcoin blocks where new altcoins like BCH and BTG were created.

I am not sure you yourself understand the problem discussed in this thread here. The discussion is not about bitcoin limited supply (very strictly understood), but rather as you can read in the statement quoted in your own post, "to some degree" about supply of all coins that are derived from bitcoin.

I think it is more limited how we are think. I think there are no 21 millions BTC on the market. At least %20 may be loose already. Est. 17 million BTC in the market for today. But somehow, someone has already lose their key or they've dead (sadly) and no one knows their private key. For example, my friends has lost his private key and he can't reach his wallet (0.5 BTC)

I haven't read all of this thread, but has anyone mentioned that ETFs will be creating "virtual" Bitcoin. What a concept- a vitual negotiable instrument based on a virtual currency. This has been done with gold, and it has been used to manipulate the price of gold, thus allowing some investors to accumulate real gold at bellow its true market value. Some say there is 100x as much paper gold as there is real gold in existence.

I don't think of the aforementioned alts as an increase in the quantity of Bitcoin. In fact I don't even think of it as a fork, but as a replicated parallel chain that diverges at a specified height. Following divergence, it needs to survive as a completely independent entity.

Bitcoin is currently not reaching limited supply. we will see the truth when bitcoin reaches limited one day, whether bitcoin ends or even more supply.

I see Bitcoin like our Universe: it is finite, very precious, vast, expensive to explore and almost impossible to understand.
From a lack of understanding our own Universe, the Multiverse theory has appeared, an endless repetition of the Universe.
The same happens with Bitcoin, it's being repeated over and over again - multiple alts based on same blockchain originally used for Bitcoin.
Repetition is a way of masking our understanding of how Bitcoin was issued (like with the Multiverse theory). But in fact, Bitcoin is unique, singular and very precious, like our own Universe, just needs to be explored more.

Wouldn't it be technically regulated in the sense of supply and demand? In the same way current currency has a certain amount of supply to reduce the effects of inflation and such?

I see the stability in price for now and it seems that the supply is not lessen but get stable volume also in the market. I am still waiting to see that it is going to limited in the market which make the value more volatile again. I keep hoping that it won't end like this but more investors must come and buy more volume which can help to change the market supply.

bitcoin is indeed made by the creator of satoshi nakamoto for only 21M, but the value of bitcoin will still be this altcoin reference so that the value of bitcoin will forever be higher than altcoin, maybe bitcoin in the future can be like diamond because the number is very limited and everyone wants to have it,

It seems that you have an assumption like this, for example Bitcoin is the first bitcoin, Litecoin is the second bitcoin, Namecoin is the third bitcoin and so on blah blah blah. Very reasonable indeed if someone has such an opinion, because maybe you also think, that Alt-Coin was created to extend the age of bitcoin or to slow down the supply of bitcoin from running out. It seems that this is a narrow mind that means not having a firm stance. I think even though Satoshi Nakamoto will create more new coins, but the power of crypto market law will still apply because the core strength of each cryptocurrency will remain with its users.

OP is right and it seems a lot of people have missed his point.

It is true that bitcoin has a limited 21 million supply. However, this is not what OP is arguing and the confusing title may have mislead a lot of you. Allow me to clear it up:

Bitcoin cash and the altcoins all perform the same function as bitcoin. There is no difference between them other than perhaps some may or may not perform the desired function as well as other coins. The only other difference is the name. Given the fact that the exact same thing that performs the exact same function can be created out of thin air means that the supply of "things that can perform this function" is not limited. You can call it whatever you want and you can keep repeating that "X crypto currency only has Y supply!!" but this does not change the fact that a new crypto currency that can do the exact same thing as X crypto currency can be created and called something different. Sorry to break the news!

If there is some silver lining, owning these coins do have real value because people have put their faith in it. And the more people who use it/put their faith in it then the more valuable it is. It is like myspace and facebook. Myspace was fantastic and served the exact same function as facebook but unfortunately for them everyone put their faith in facebook which meant the value of myspace went to zero. I guess if you want to make money just know where the herd is going to put their faith or heavily promote the coins you are invested in so other people can also buy it and push the price up.

Good luck!

Bitcoin is enough in these days it's demand and it;s supply both are due to the sale purchase of coins and bitcoin have a good reserve for the coming bull those who have have coins in these days they are very useful and its holding is good foe making money in future now it's holding in these days are important do not sell your coins now.

Well from research I think the maximum amount of bitcoin available is 21million and miners are the one that mine bitcoin by solving mathematical puzzle. So predictions has already been made as to when the whole bitcoin would be mined

Why is the foking affecting the btc supply? The number of btc issued in the market has been fixed from the beginning, and initially it was distributed free of charge, so in the exchange market, it was trading at a loss of 21 million btc. so btc exceeds 21M seems impossible, even if there are 100 or 1000 altcoins. btc is only held in different places but can not be lost or increased.

I'm so curious about what will happen if bitcoin reach its limited supply. what do you think?

  Maybe will not affect the system, if miner finish mine bitcoin on 2021 approx., miner is part of the blockchain to process , payment and other processes.

1000 cryptocurencie ? Yes but not all are made for the same use

forking is makes other cryptocurrency, and the supply of bitcoin still 21 Million, but in other result of forking the supply is 21 Million too, so if bitcoin forking twice its mean there are 42 Million for 2 curerncy

Well it was just only being forked and the supply for bitcoin will not go high. The supply is still limited but the only thing that matter is the market price. The higher the demand for bitcoin the expensive its market price will be. Bitcoin fork does not mean that the bitcoin supply has added instead it was just part of bitcoin. Bitcoin fork will just let the bitcoin market price goes higher.

yes that's just your assumption, this is the technology with the findings of new findings such as the discovery of hard forks is a gift for us to make a profit

bitcoin has only 21 million coins that is correct hard fork dost, not increase bitcoin supply it will create new set of coins.

That's quite true that forks are creating value out of nothing, but at the same time, the coin that gives birth to the fork loses some value. Ideally, this must be balanced, but in practice, the summed value of the fork and its original currency outweighs the original value.

no its not true...! bitcoin is limited to 21 millions supply

I disagree, Bitcoin have limited supply of 21 million, if someone forked Bitcoin and created a new version of Bitcoin it doesn't mean that the supply will increase because the forked coins and Bitcoin will work on different blockchain. The hard forks may help to increase Bitcoin price and the demand because people will surely dump the coins they will get from the hard fork to buy more Bitcoin, but that doesn't mean that it is the only reason why Bitcoin is skyrocketing because the real reason is more and more people and business are adopting Bitcoin.

Bitcoin have limited supply is appear of how much price higher of bitcoin, by having unlimited supply I think bitcoin price will be the same like altcoin with lower price, but we never could hold bitcoin at the same time together.

As there is limit for everything, like that bitcoin also have limited coins supply that 21 million.

bitcoin has limited supply, the max supply is 21M coins

Regardless of the forks bitcoin is restricted to 21millions and that can't be changed. Each and every other coin that turn out as a result of fork has nothing to do with bitcoin, aside from a piece of the name however basicly these are simply altcoins that don't influence the bitcoin supply. What's more, when the farthest point of mined bitcoins is accomplished the cost will have the tremendous siphon.

The argument needs a very simple logic. When you fork Bitcoin, the fork is not Bitcoin. It simply means you are releasing another coin from Bitcoin which can never be called Bitcoin anymore. Do you think you can have a forked Bitcoin which is also called Bitcoin? No. In this sense, Bitcoin Cash, Bitcoin Gold, Bitcoin Diamond, and so on and so forth are not Bitcoin. They may be forks of Bitcoin but they are essentially alternate cryptocurrencies.

Does bitcoin fork meaning that merging of that crypto to the BTC? Like to what BCH did to bitcoin? News came up earlier that BCH has doing hard fork on BTC. However, after the bitcoin fork the market price for bitcoin relatively drop for more and made some to panic and then sell away their bitcoin holdings. So, what really the result of dong hard fork on BCH to bitcoin? It does not increase bitcoin market price either.

The forks do not produce new bitcoin. Only the idiots who do the forking claim that it is the original bitcoin and such. They are causing all these havoc right now.

I think it has not reached the highest level of supply, because the price of 2015 is already 20k is approaching 21k, and the future will be able to pass. In addition to the weak beginnings, I am waiting for a breakthrough in the future to confirm that what I say is true. ;D

It is obvious that bitcoin has limited supply: 21m

support and recognition is the most important. no one support, the chain serve no purpose. no matter how many times you fork.

Bitcoin has a limited quantity which is 21 million and out of this quantity, only 16 million is in circulation. If Bitcoin is forked a new coin will be created with its own total quantity and amount in circulation also, an example is last year when bitcoin was forked and BTG was created. BTG is a coin of its own standing and not bitcoin  (BTC). It did not add to the original quantity of bitcoin in existence rather it is a different coin.

For what i believed is that bitcoin has only 21 million supply so i guess it has limited supply and when it will be mined all of it then it would a massive price increase of it. Before that to happen, it may takes years of it to get it all. To say fork is another bitcoin, then they are wrong. It's just a new coin that created by another person to give value of it and present it to the market.

huh I'm bored with this post, do you know that satoshi created bitcoin for only 21 million. there is also the discovery of hardfork is only an altcoin and not the expansion of bitcoin as you say and written on wikipedia

and until whenever bitcoin will also never be able to be added and subtracted from the coins, because in the past it was already that amount of coins. therefore if the bitcoin stock is a bit, then of course the price of bitcoin will also experience rapid price increases

Forking does not in any way effect the supply of bitcoin it just a way and manner to separate or give out incentive to loyal user with skills, the total supply of 21million bitcoin is already written in stone and nothing can change that unless the sole developer's do otherwise.

I think that in the coming time, the value of Bitcoin will be improved. Which will improve our life too. Which will be our supply.

bitcoin have the limited supply of 21M, and already 17M coins mined, only 4M coins remaining to be mined.

Actually it’s a basic knowledge, every bitcoin fork is actually not bitcoin but it’s a new altcoin created. And that's why bitcoin have limited supply that we already know the supply is 21 milli (http://renovasi-rumah.net)on, but from the bitcoin fork it’s altcoin that has a lot of supply or arguably unlimited.

Bitcoin always has a limited supply and you can not change that even with the endless fork. When Bitcoin is split in the real sense

Thats right, supply will never change, it will remain the same even though halving and fork come, so you don't need to worry about
this, if bitcoin doesn't have limited supply surely the price won't be worth this high mate

yes Bitcoin have a limited supply up to  21 million. The value of Bitcoin will increase day by day due to limited supply of bitcoin

   What ever bitcoin fork is, or how many fork will created, cannot change the fact that still 21 million bitcoin is circulated in the hard fork. but it will make more bitcoin fork maybe it will be make bitcoin price vulnerable.

Those forks don't produce Bitcoins. They produce worthless alt-coins. There will be almost but not quite 21million bitcoins. That is a mathematical fact.

People should however be free to throw their money down the toilet buying them if they think their daydreams will come true as a result.

The revolution of bitcoin is continuously. So , the supply is not limited even until the 21 million will be harvested. One thing more to consider was that , there are so many alternative coins  that coming up for the short time investors. Users always been have their own choices in investing. Despite all of these, bitcoin Value will never  been affected.  It always the dominant from all other kinds of coin.

maybe I, as far as I know, has limits and I just know that if it is unlimited, we are all very happy because we can save our coins as an investment and sometimes we sell when we need it. Maybe that's all I can say.

actually, bitcoin does not have the limited supply. but the real fact is the bitcoin-only have the 21 Million supply. but there are many variations of bitcoin. because of hardworking like BCH, BTG and the other currency

It's not a new thing that bitcoin supply is pegged at 21 million.  Extension of new cryptocurrencies through bitcoin does not affect it's supply.  Everyone operates on their own as thought they exist through the blockchain but their supply can't be added to that of bitcoin. That's how it is. 

We all know the  21 million as the maximum Bitcoin supply, but that's only the maximum numbers of bitcoins people can have in there private wallets.
When you buy a Bitcoin on an exchange that Bitcoin don't have to exist as long as you don't withdraw it to your wallet, no once but the exchange know if that Bitcoin exist.

Even worse is that with Bitcoin EFT the number of Bitcoin are unlimited, exchange can now sell Bitcoin that don't exist, the Bitcoin short have been going on since the first Bitcoin EFT in December 2017

You have to know some certain things about bitcoin fork else you will be confuse. There is a big difference between bitcoin and the coins that came out as an outcome of bitcoin fork, To me they are all alternative coin.

sorry, you got that all wrong, Bitcoin supply is limited to 21 millions only.

i think your idea is wrong bcz bitcoin supply is limited 21 million.
after fork we can see some coins generated but thats are not bitcoin.they are different and not bitcoin.

The bitcoin and blockchain technology has a feature that makes it entirely interesting which means that it has the inmmutable ledger system that is transparent enough for everyone to see. if the supply of bitcoin is not limited, you can lookup on coinmarketcap.com and check for clarification.

if in my opinion. although bitcoin has limited inventory. but there are still many altcoins coming in so that it can become a backup for bitcoin.

we all don't know, what is the amount of bitcoin supply that will circulate in the crypto market. if the amount of bitcoin supply is not limited then this currency will experience a very significant price decline because supply cannot be controlled while demand depends on investors.

There is one Bitcoin fork coins are alts
Bitcoin supply is limited to 21 mln
And that will cause problem with future what will happen with btc when last coin is mined
Bitcoin will has to switch to kind of POS hard to imagine

Well, if you will be thinking to it logically, the supply of Bitcoin is 21 million but reading articles, statements and watching news, there are a lot of people that is mistakenly send Bitcoin to wrong addresses, lost their hard drives and forgotten their keys the reason the supply  these days is not really exact at 21 million. If there are 17 millions mined, then I think there are only 2M+ or 1M Bitcoins that is needed to be mined and that will be really hard since the longer the year, the harder it will be mined. But why only 2M? Well because the rumor of Satoshi Nakamoto having the 1M and the another not exactly 1M, that is lost and forgotten.

 itll still depend on the usability of the coins  . let say the coin has an unlimited supply but it is veryy usefull , then i think this coin will still increase its value overtime because many people will going to buy it but if the coin is useless or doesnt have a unique feature on why it was built , then it wont recieve any demand from the public even if its supply is low or limited only  .

speaking of supply  , bitcoin do only have a fixed 21million supply  .  so we cant trully say that bitcoin  is unlimited  .

It is clear on the whitepaper that the number of Bitcoin to be mined is 21 million.  Any fork from Bitcoin is not considered Bitcoin but rather an alternative currency.  You should know the difference between an altcoin and Bitcoin.  Besides if Bitcoin is forked, it will no longer use the blockchain used by Bitcoin and thus it will have na new chain that is why it is not Bitcoin itself.

     Bitcoin have a limited amount of supply it has a total amount of 21 million Bitcoins  .The creator of  Bitcoin  doesn't like to  reveal his identity even though the whole  global system has accepted Bitcoin as an electronic cash , the creator of Bitcoin is a great genius that have gifted  for the modern frustrated world a up lift  for their political stresses and the youngsters of today embrace this great  genius and has revealed  his identity as Satoshi Nakamoto  .Bitcoin is the first cryptocurrency   previous year the price of Bitcoin had sky rocketed at an unimaginable value and now, this year the value have come down to below 50% to 40% low . Bitcoin is a digital electronic currency there is no third party interference for the transactions and it is world widely used without anybody's concern or  by other central authorities support the transactions are  peer to peer transaction and the real identity of the person is not revealed at all .

Guess what, you can create your own paper money, too. Then see how many people will care.
Creating another fork of Bitcoin does not increase the supply of Bitcoin. It just creates another fork that nobody will use or care about.

In fact it’s true that bitcoin has limited supply with total 21 million of supplies, so bitcoin does a fork to have an unlimited amount, from that fork it will be altcoin instead not bitcoin a (http://rumahmu.com)nymore, it helps bitcoin to have an unlimited supply through the altcoin fork.

Well, in my point of view. I think Bitcoin are just limited just like a fiat it will need to cycle all of the released coins in the market because if Bitcoin is endless in supply then I think the value of it will decrease because of the number of supply in the market. For me, the value of coins is depending on the supply of it in the market.

I see from all sites the supply of bitcoin is 21 million, and it won't be able to grow anymore. and I think those who say bitcoin is unlimited are people who don't understand bitcoin

We are too far from its limit but it could be possible that we reach on it someday when it fully accepted and used by the majority.  
Many were still holding thousand of bitcoin and it breach the way to mined the total supply of bitcoin faster.  We never think for it as of now, instead we look for the opportunity to make money while waiting it happen.

Sorry this might be an old thread or discussion but I'm wondering how people do still argue related to this matter about Bitcoin entire supply.

It does have limited supply and theres no such thing about for it having unlimited.Just reading up on WP it do have fixed and currently we have 17.5M in circulation( correct me if I'm wrong)
For those who are worrying about on mining all the supply then don't bother because it would happen on 2100+ year.

Maybe what OP mean to say is the extension of function or usage of bitcoin are being presented by forked bitcoins,in which these will be usable in future when the bitcoin volume limit are being reached.but i might be wrong since this is only my own opinion upon understanding of the topic

To be honest, I applaud TS thinking, because he has a different perspective than the majority of the residents of this forum, in my opinion TS is just trying to remind something of the worst about bitcoin and crypto, if one day all crypto are abandoned by the user, then the last person to leave is someone the most unlucky, because their wealth changes to crypto which has no value. So, whatever our perception of the future of crypto, we must be careful in managing the assets that we have, because the worst possibility is indeed possible.

The fork is quite different.  It doesn't have any effect on Bitcoin supply. Yes Bitcoin supply is limited to 21 Millions. The highest limit will 21M, no more will be mined after that. So the real Bitcoin is limited supply but fork coin like BCH or other coins can increase, this doesn't matter.

What are you saying?

The price of Bitcoin depends on its demand on the market but saying that its supply always depend on the demand? That is absurd. The supply of Bitcoin is constant, it will not be changed it will stay the same as it is. You are spouting your words without any proof of it, how can you say that it is not limited? Does the limit of Bitcoin in your country is at 20M now? Bitcoin's supply will always be 21M, but not really exact at that number since there are already a lot of BTCs lost and wallet's private keys being forgotten.

I agree. We need a circulation of bitcoin on the market to grow its price. If no one buy bitcoin and just earning it like in mining then sell, the supply in the market is being added. The supply remains, and it affects the price instead of going up, down is what happen. Though bitcoin is limited if we are not buying to used it, there is nothing to change.

I think fork isn't meaning bitcoin supply doesn't have limit. When btc forked, there might created new coin, it's different coin and doesn't have effect related to original bitcoin supply.

I would not call it currency expansion, because in the end of forks you don’t get bitcoins. Despite any forks, true Bitcoin remains alone, original with an emission of 21 million, and this is unchanged.
There is no point in discussing all the bitcoin forks, since these are completely different coins with a completely different value.