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Bitcoin => Bitcoin Discussion => Topic started by: tosindesign on March 26, 2018, 01:59:18 PM



Title: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: tosindesign on March 26, 2018, 01:59:18 PM
if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: thefaucetrunner on March 26, 2018, 03:08:54 PM
if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?

Well, if demand continues going up while supply becomes 0, it depends on why the supply stopped. If miners stop mining, there are likely bigger problems that are affecting Bitcoin as a whole. Bitcoin is designed to run out of supply around 2140, but that's a way off. Theoretically, if demand increased without any supply, price would go up.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: 50ouncebrew on March 26, 2018, 03:18:27 PM
If the supply of bitcoin halts completely this means demand will surpass supply and then the price will shoot up because people need it but there isn't enough to go around so people who have bitcoins will hold on to them more tightly which will easily drive the price and the value up very high. Simply put, if circulating supply goes to zero, then the price increases.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: jseverson on March 26, 2018, 03:20:56 PM
No one has really been able to precisely quantify the relationship between supply and demand (which is hard to quantify itself) in Bitcoin, so it would be impossible to estimate how much the price might be.

In terms of movement, if you think about it logically, the price would likely be stuck to how much the last purchase was for, assuming supply were at exactly zero. People can't enter a bidding war if they have nothing to bid on after all. I imagine the price would skyrocket should some enter the market suddenly though.

That being said, this scenario is probably close to impossible.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: nidacoinlove on March 26, 2018, 03:42:59 PM
Till there is a demand for Bitcoin there will be supply for it. No one is going to hold it without a reason. Till date I am sorry to say but this is a harsh truth that we don't have a prominent use of bitcoin as a currency. Everyone (mostly) here is holding bitcoin for the purpose to sell it back when it's price goes up. Now the price target of every individual is a personal choice, no one knows about the highest but at a certain price bitcoin has to be sold and this is how the whole circle works.
I am afraid if it goes like this, bitcoin without a solid use; it's reputation could be damaged lasting to a zero demand for it. I think the bitcoin community should be more curious about it's use as a currency more than what price it gains. Once we see a good use of it then everyone knows that it's price is unstoppable.  


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: keycellko on March 26, 2018, 03:56:27 PM
Following the law of supply and demand, if circulating supply of bitcoin becomes zero which is very impossible, say miners already mined the last btc or maybe miners stop mining, and people just holds bitcoin and noone who owns it ever sell, so the demand for it went so up, the valye will sky rocket, say $100,000-200,000 tops.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: jmlona on March 26, 2018, 04:01:09 PM
Circulating supply is all of the coins that are currently in circulation, this is different to market supply which is people who are willing and able to sell coins at a certain price. Circulating supply of bitcoin cannot reach 0 but market supply can. If it did then presuming there was an infinite level of market demand then the price would increase until someone had the willingness to sell.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: Pancheng on March 26, 2018, 04:08:02 PM
The price will increase as crazy, and continue to increase and increase until someone will temp to release some of his bitcoin point that he keeps with him for a long time.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: nskendrovic on March 26, 2018, 04:12:54 PM
You are talking about scenarios that simply aren't going to happen. There are 21 million bitcoins that will ever exist and theres going to be at least few million bitcoins that are going to be in circulation any time, either on exchanges or being used for purchasing something.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: ICO BLOG on March 26, 2018, 04:15:26 PM
Will depend on the reason why it stopped


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: djsugar on March 26, 2018, 04:18:14 PM
I strongly feel that such a scenario would never arise. As long as there is demand, supply will be there. Miners are doing their job in mining bitcoin while the buyers are shelling out money to buy bitcoin. People still consider BTC a safer investment compared to ALTs.
If, by any means, the supply becomes zero, then price will definitely increase since people would look forward to buy it while it would only be available with the users already holding it.
But, like I mentioned earlier, the scenario you mentioned doesn't look possible at all.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: gtx1060aa on March 26, 2018, 04:21:23 PM
This issue is still too early to rise, since all the bitcoins will be able to obtain only by the end of 2041, the price of electricity is regulated by the authorities of each country and therefore in any way at the moment there will be no value equal to 0


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: oloveloveo on March 26, 2018, 04:23:32 PM
if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?

This question is a very futuristic scenario. But as we all know that the lesser the supply the higher the demand it is.
Surely the price of it would increase but its really impossible for the bitcoin holders to just keep it without selling it.
As we all know that a lot of people just keep hodling just to increase it worth. If ever that time comes theres should still be selling and also buyer who would go through just to bought. But to say that theres should be a zero circulation, i think that it would not happen because bitcoin wont get old or be destroyed.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: ovcijisir on March 26, 2018, 04:28:17 PM
if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?

Well, if demand continues going up while supply becomes 0, it depends on why the supply stopped. If miners stop mining, there are likely bigger problems that are affecting Bitcoin as a whole. Bitcoin is designed to run out of supply around 2140, but that's a way off. Theoretically, if demand increased without any supply, price would go up.

If supply becomes zero, then miners will only profit form transaction fees. Now they profit from bitcoins that come with new block + transaction fees. So I guess that transcation fees will be higher.

And for demand... When demand starts growing then Bitcoin price will increase. That is simple market law.
That could mean that people will trade in smaller fractions of Bitcoin.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: radjie on March 26, 2018, 04:45:31 PM
if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?
if the supply of bitcoin becomes zero, the possibility of bitcoin price will increase, people must be competing to get bitcoin. but as we know, there are a lot of big players in the field of cryptocurrency, so big businessmen can easily spend big capital to drop the rising bitcoin price by putting a low price in nominal so large that it can affect market price movements.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: zhekinsp on March 26, 2018, 04:49:57 PM
if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?
Infinity is the exact answer for this,but there is no exact value for that infinite and this is impossible to happen too,If the circulating supply decrezes the price will get increases.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: RebekittaH on March 26, 2018, 05:39:20 PM

If the supply gets to zero means there will be no circulation of BTC in he market, if the demand remains constant or increases, the value and the price will be increase up to some ;limit where it will remain constant


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: RebekittaH on March 26, 2018, 05:51:41 PM

If the supply gets to zero means there will be no circulation of BTC in he market, if the demand remains constant or increases, the value and the price will be increased up to some limit where it will remain constant


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: bob3772 on March 26, 2018, 05:55:21 PM
Circulating supply cannot decrease so this is a moot question. If it did decrease to zero then there would be no price because there would be no trades happening. Rare alien brains from planet Zyon don't have a price and the reason is because there's no supply of them. IF there was I'm sure they'd fetch a pretty penny.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: spiker777 on March 27, 2018, 08:37:06 PM
Isn't the answer obvious? If there is zero circulating supply, then there is obviously zero interest in Bitcoin, hence the value will be zero, or close to it (in the case of novelty value). I think this scenario isn't likely to happen for a long time, at least until the SHA-256 encryption is eventually cracked, however by that point it would have probably forked to another algorithm to resist quantum computers.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: maucial on March 27, 2018, 08:47:43 PM
I think if the circulating supply goes to zero, also the price will be zero for me!


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: ariaalex on March 27, 2018, 08:50:39 PM
In every market, demand and supply will always be in balance. If demand increases, supply increases too. But if supply is limited, price goes high. Theoretically, we may be see finishing point of supply, but practically it pretty tough to happen.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: bman01 on March 28, 2018, 01:44:24 PM
the supply of bitcoin halts completely this means demand will surpass supply and then the price will shoot up because people need it but there isn't enough to go around so people who have bitcoins will hold on to them more tightly which will easily drive the price and the value up very high. Simply put, if circulating supply goes to zero, then the price increases.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: BrewMaster on March 28, 2018, 02:14:50 PM
when you are thinking about some imaginary scenario it also has to be a possible one not an impossible one that can never happen under any circumstance. for example you could have said "what if the circulating supply dropped low due to ..." because it can never drop to zero and there will always be some coins in circulation being traded by people.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: silent17 on March 28, 2018, 02:24:39 PM
when you are thinking about some imaginary scenario it also has to be a possible one not an impossible one that can never happen under any circumstance. for example you could have said "what if the circulating supply dropped low due to ..." because it can never drop to zero and there will always be some coins in circulation being traded by people.
I agree, trader will not allow this to happen because as we know trading cryptocurrency is becoming a job for other people, so I think they will not stop in trading when they already expirience it.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: zenrol28 on March 28, 2018, 02:32:21 PM
If that really happens, then the price might skyrocket for a moment. But as of now there are a lot of people now holding bitcoins. So chances of the circulation getting to zero is likely less to happen unless there is someone whose willing to buy all the coins in the circulation.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: DUHOIxx on March 28, 2018, 03:09:06 PM
If the supply does not meet the demand, then the bitcoin price will increase sharply, many people will reserve, bitcoin speculation, when bitcoin reached the peak they will sell.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: macchiato on March 28, 2018, 03:27:36 PM
Law of demand and supply. When the demand is high and the supply runs out, the bitcoin price will surely elevate. However, I don't think the supply of bitcoin will run out as of now. It might take decades to happen.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: mOgliE on March 28, 2018, 03:49:07 PM
Hi,

The price is given by market trends. It can never be fixed.

And in the same idea, I cannot imagine a situation in which nobody wants to exchange bitcoin. As long as there is one exchange, then the circulating supply is not zero. If bitcoin dies, then I guess there won't be any exchange and the price will be zero...

But otherwise... I think that, just like traditionnal currencies, prices are not fixed. They have standard values (that can vary highly from one year to another) but you can never be sure of the price you will pay! ;)


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: Ilegendph on March 28, 2018, 03:56:34 PM
if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?

Well if the supply becomes "zero" then people wont need bitcoin anymore since they cannot use what is empty or cannot be used. It can't be negative neither. But I believe that your hypothesis will not happen  because the value of bitcoin would decrease much faster than its supply.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: btcprospecter on March 28, 2018, 04:00:54 PM
Quite simply if the demand is high the price will be higher. It is a long time until there is no more bitcoin to be mined and even after then miners will still run for transactions.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: lixer on April 02, 2018, 08:05:12 AM
when you are thinking about some imaginary scenario it also has to be a possible one not an impossible one that can never happen under any circumstance. for example you could have said "what if the circulating supply dropped low due to ..." because it can never drop to zero and there will always be some coins in circulation being traded by people.
I agree, trader will not allow this to happen because as we know trading cryptocurrency is becoming a job for other people, so I think they will not stop in trading when they already expirience it.
When someone have attached with something that can help him to grow some money, that thing is most important to you. You need to work on it and always trying to improve it. And same is the case with trading. All those who are earning money from these coins never let their source of income down. They always want to improve the prices of bitcoins but never ever think go letting it drown.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: Tiktik on April 06, 2018, 06:31:31 PM
if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?
if the supply will tend to zero the price will be really high maybe like last year hit 1 million or more it will be continues price increasing because of the lack of the supply if the supply is low or zero so the demand is very high if that happens it will be very hard to earn bitcoin there will be more long waiting to earn bitcoin. but if it happens that we don't have bitcoin or zero supply there will be nothing interested in bitcoin simply because there will be nothing if bitcoin is nothing to stay. but i think it will never happen to  the supply bitcoin.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: ewuyiswang on April 11, 2018, 06:02:07 AM
Marinecoin (MTC) is the first dev-less (machine to machine) cryptocurrency that has a PoP (Proof of Promotion) model. It relies on an AI called Jarvis to validate your promoted content. The blockchain is designed to have zero fees on transactions.The coin is running as airdrop program (called ICO) in which you will receive 20,000 MTC for completing the promotion task.If you are interested about the project, you can head to this


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: dnxfgjhk on April 11, 2018, 06:13:01 AM
if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?
Maybe I was dead at that time. When I was still alive, I talked about my opinion.
When the Bitcoin block reward is not available, you can still earn transfer fees. When the Bitcoin price reaches a certain height, the transfer fee obtained is still a good reward, but there is no block reward, and may be bit at that time. The use of currency has been widely used, and transaction fees exceeding the block award are possible. Of course Bitcoin should be constantly rising


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: jrrsparkles on April 11, 2018, 06:14:56 AM
when you are thinking about some imaginary scenario it also has to be a possible one not an impossible one that can never happen under any circumstance. for example you could have said "what if the circulating supply dropped low due to ..." because it can never drop to zero and there will always be some coins in circulation being traded by people.
I agree, trader will not allow this to happen because as we know trading cryptocurrency is becoming a job for other people, so I think they will not stop in trading when they already expirience it.
When someone have attached with something that can help him to grow some money, that thing is most important to you. You need to work on it and always trying to improve it. And same is the case with trading. All those who are earning money from these coins never let their source of income down. They always want to improve the prices of bitcoins but never ever think go letting it drown.
Literally if the supply becomes zero then the value becomes infinite but it can never possible as you say people will use them because it is a currency so always there will be circulation on that product.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: Jemcrew on April 11, 2018, 06:18:01 AM
if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?
on the off chance that there is more constant request of bitcoin proceed after the market rectification , the coursing supply will tend to zero. what's more, the cost will go up . what may be the cost . will the cost be settled or increment or abatement?


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: hadveach on April 11, 2018, 06:23:12 AM
the supply of bitcoin is 21 million, and until today there are 4 million more bitcoins left, and the bitcoin is predicted to be exhausted by 2025.

so when bitcoin inventories are little, and demand is getting higher, then bitcoin prices will be high as well. and that happened every year.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: Kakmakr on April 11, 2018, 06:31:23 AM
There will not be a situation where there will be a zero supply of bitcoins. <Mining will produce new bitcoins until more or less the year 2140> These coins will have to be sold by these miners to cover their expenses. So this will supply new coins to the market. You have to remember, when the supply drop and there is still a demand for the coins, the price will go up.

Everyone has their "Selling" price, so if the supply decrease, the price would in theory increase and people will start selling. ^smile^


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: Zeddyn on April 11, 2018, 06:54:32 AM
We can understand that the more demand the price will follow the increase, made when many who buy bitcoin can be sure the bitcoin price will increase or increase.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: Dudeperfect on April 11, 2018, 04:09:37 PM
It depends on multiple factors but let's assume that miners are still active but they are not making their earnings available for purchase in the market and no one is doing it for some reasons. Now, on the other hand, if the demand is increasing then the price will also increase according to the rate of increase in demand. The law of demand and supply will apply in this case resulting in a massive increase in the price on a global level.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: ninjaeth on April 14, 2018, 09:56:34 AM
f the supply does not meet the demand, then the bitcoin price will increase sharply, many people will reserve, bitcoin speculation, when bitcoin reached the peak they will sell.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: Razick on April 14, 2018, 10:39:10 AM
If bitcoin supply goes to zero then you can be sure that the price will skyrocket because then there will be no free coins coming from mining and anyone who wants bitcoins would have to buy from other investors who already have bitcoin and you know then everyone will be holding their bitcoins close to their chest because it would be very valuable thus making prices go up.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: fortunecrypto on April 16, 2018, 01:15:52 PM
if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?

People are curious also to know that but it depends on the situation going to the end of mining if there is still demand and adoption is massive with a lot of people already using Bitcoin, then we can be sure that the price is high could reach to $50 or more.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: Dexion on April 21, 2018, 11:03:45 PM
yes, because many investors are interested in the bitcoin digital currency, so, the bitcoin supply continues to decline and be a little. until today 17 million BTC is already mined. and predicted will be exhausted by 2140.


and certainly, with less bitcoin suppliers and the more difficult the mining, will greatly affect the value of bitcoin, and bitcoin value will be very high.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: xuan87 on April 22, 2018, 01:21:40 AM
The circulation need to be balance in order to make a strong crypto, if the demand is high and the supply is zero it's mean there are people that waiting to buy, but nobody sell it, it will cause the price to go up, the people that want to buy need to bid higher until somebody sell it


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: Saveralll on April 22, 2018, 01:50:57 AM
yes, because many investors are interested in the bitcoin digital currency, so, the bitcoin supply continues to decline and be a little. until today 17 million BTC is already mined. and predicted will be exhausted by 2140.


and certainly, with less bitcoin suppliers and the more difficult the mining, will greatly affect the value of bitcoin, and bitcoin value will be very high.
the prediction may not necessarily be true and the prediction could also miss. bitcoin will not run out even if only created about 21 million in this world because the fee of each transaction will be returned to the source. then the source will produce a new number that will be captured by the miner.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: hakertajniak on April 22, 2018, 08:25:15 AM
if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?

i think the circulation of bitcoin never go to zero. as you can see the circulation of bitcoin in coinmarketcap daily is about $6bn.
bitcoin circulation will grow even more if the value of bitcoin itself increased more.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: bnmh23 on April 22, 2018, 09:04:31 AM
Bitcoin has value because it is useful as a form of currency. Bitcoin has the mathematical properties of currency (persistence, portability, interchangeability, scarcity, segmentation, and legibility) rather than relying on physical characteristics (such as gold and silver) or the trust of the central authority ( Such as legal currency). In short, Bitcoin is supported by mathematics. With these characteristics, what a monetary form needs to have value is trust and use. For Bitcoin, this can be reflected in its growing base of users, businesses, and start-ups. Like all currencies, the value of Bitcoin comes directly from people willing to accept it as a payment method, and this is the only source.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: hitrawal91 on April 22, 2018, 11:09:24 AM
if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?

The demand and supply increases and decreases according to the trading activity and we  all know that there is a demand  for every single supply and there is a supply for every single demand and if at all there arise any kind of situation where the demand of bitcoin overcome the supply then market prices will go up and at some point there may be some kind of exhaustion will come at which supply will start soon and at that time market will correct and by this way demand and supply will exchange their roles.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: tee-rex on April 22, 2018, 11:15:14 AM
if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?

There was a topic about a few hundred pages in length (don't know if it hasn't been locked yet) with essentially the same question about what is going to happen if no one sells bitcoins any more. You may find it and look for answers there. If you need a short answer, then there will be no more current price tag and thus you won't be able to determine how much bitcoin is valued. In essence, it will be effectively dead by then since it can't be used outside financial markets without a price tag.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: YoungMaster on April 22, 2018, 02:27:10 PM
if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?

Ofcourse if the supply of bitcoin becomes zero it will make bitcoin become valueable because of its rarity and certainly make the price more expensive ten times or a hundred times from the current price. The reason is the demand on market tends to increasingly high while the available supply is very limited.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: tee-rex on April 24, 2018, 11:20:15 AM
if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?

Ofcourse if the supply of bitcoin becomes zero it will make bitcoin become valueable because of its rarity and certainly make the price more expensive ten times or a hundred times from the current price. The reason is the demand on market tends to increasingly high while the available supply is very limited.

I hold to the opposite opinion. Right now, bitcoin and other cryptocurrencies are of no particular use beside speculation, therefore their value comes mostly through speculation. In simple terms, without speculation there is no bitcoin, sort of, but speculation requires both supply and demand. So if there is no supply and only demand present, there will be no speculation and thus no speculative value. Since almost all value presently is speculative, then without speculative value there will be no value at all.

Such is my logic, but everyone, of course, is entitled to have their own opinions.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: stayeduptolate on May 01, 2018, 02:02:18 PM
if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?
I am read in my 12th class in economics about the market investment and have learnt that if the demand is more than the supply the the prices hikes in every investment and I guess bitcoin is the best investment I ever saw. So if you are saying if the supply will be zero them obviously the valuation will inflate but I don’t think so that the supply could even be zero because bitcoin being an asset a resource could easily be reduced to zero so easily but obviously it will very good for each of us if the valuation will inflate again.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: arteme on May 01, 2018, 02:15:45 PM
This will cause a lot of problems and practices like hoarding will start. If no one wants to spend his bitcoins, then it will completely fail as  a payment medium.


Title: Re: what will the value of bitcoin be if the circulating supply gets to Zero
Post by: longwintershere on May 01, 2018, 02:18:48 PM
if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?

circulating supply won't fall to zero. It's calculated as all Bitcoins that have been mined by now. Only trading volumes would fall to zero, but that is absolutely impossible.