Bitcoin Forum

https://www.ccn.com/only-another-four-million-bitcoin-will-be-mined-heres-why/amp/


Bitcoin is rare . Just only 4 million left to be mined. Is this the reason why , the price increase?  Need to know your opinion too.

I think the price will rise. But what you are talking about is not what causes that. 4 million coins left to be mined. But the circulation supply is still rising.
More supply ----> Lower price

miners still have a daily production of 1800 Bitcoins.
I'm not sure if there are enough buyers to take them all.
There will be a halving each 4 year, in 10 year from now we will be down on just 450 new bitcoins each day.

Price have been rising for weeks and will I think it will cross 10k within the next 2 weeks do to the bitcoin consensus

https://www.coindesk.com/events/consensus-2018/

yes, when bitcoin becomes rare, then bitcoin prices will be very expensive, bitcoin will be sought by everyone in the world. but the whales will get more advantages.

Yes, the system is what I like about the bitcoin mining system, where the amount of bitcoin mined on each block will be reduced by half every four years and it will continue until the number of mined bitcoins is zero meaning there will be no more bitcoin produced, a good system to keep bitcoin prices up

rare.. scarce..

hmm
rare = you cant easily find any because there isnt really a place normal people can get to it
scarce = its available and many can have a bit. but it has limited supply

bitcoin actually has 2.1quadrillion sharable units. and average joe could get their hands on it quite easily.

however.. rarity/scarcity alone are not the cause of large prices.
take for instance my dog. it does 2 poops a day. (730 a year, as it gets older it will start to poop less. and so eventually when it dies there will be no more poops being roduced.

anyone want to buy my dogs poop.. only about ~4000 will ever be produced..
.. no takers?
.. thought not

..
its more about utility/function that gives bitcoin a value. EG it had no value until 'bitcoin pizza' event when people seen a practical use for bitcoin.
the cost of production has mor of a factor into a price than 'rarity/scarcity'

EG if it didnt cost gold miners thousands of $ to mine an ounce. and instead cost 10cents /ounce. they would sell it as fast as they can mine it and the price would stablise at somewhere near the cost of production (10cents as oppose to +$1k)

it is the law of supply and demand (https://en.wikipedia.org/wiki/Supply_and_demand), it is not just supply, it is supply anddemand. in other words having a limited supply won't lead to price rise, there needs to be an increasing demand for it too. bitcoin has that increasing demand which is increasing with more adoption.
to understand this better you can go to https://coinmarketcap.com/all/views/all/ and sort the list based on circulating supply then use Ctrl+F to find bitcoin and then check the other coins that are near it which have the same circulating supply. you can clearly see just having that amount of supply doesn't make them valuable.
for instance there is a coin called "Monster Byte" with nearly 17 million supply which is currently worth $0.06

https://upload.wikimedia.org/wikipedia/commons/thumb/e/eb/Supply-demand-right-shift-demand.svg/440px-Supply-demand-right-shift-demand.svg.png

Yes, bitcoins are becoming rare. But that does not mean that bitcoins will disappear. Bitcoin will be more positively shaped in the future. This will make people use bitcoin more and more.

The main reason why the price is going up its because there is a big demand in the market there are so many people want to hold bitcoin and that why they want to buy but the people that willing to sell is not enough in short, if more people want to buy bitcoin And only few want to sell there bitcoin the price will surely goes up because of the higher demand.

The more the Supply is, it will not become rare. However if they start to hodl and not to sell it for a bout 3-5 years then that when the bitcoins become rare and the price will rise too.

Yes of course the bitcoin it rare because many more people identified and its value is very high so rare.

Yes its true that bitcoin is rare now because there is a big demand in the market and it is the reason why people are hodling it for long-term. And also, there are only 4million bitcoin left to mine. So it means, once all bitcoin has been mined its price will surge up. But we can never really say its gonna be soon because the closer we are to the last bitcoin, the harder it will be tfor the miners.

Its the law of supply and demand, mixed with Economics and a little bit of human greed, or a lot actually!

Yes it is rare, but assuming right away that it will be more expensive if available Bitcoin to be mined is fewer is wrong. Remember that even though the supply is limited in order for the price to drive up we still need a demand. Of course I hope that demand will continue and the Bitcoin price to be sky high in the future.  

In my own point of view, bitcoin is rare. Yes it is popular but the specific reason why bitcoin is rare because of the demand of it. People have higher demand in bitcoin many people wants to hold this bitcoin. It's like a limited edition bag or whatsoever, if you're one of the holder then it's a favor to you because you can sell it in a higher price.

Maybe it contributed to the current price but it just builds up after so many good news coming in the past weeks if there are no bad news coming then Bitcoin can regain their price in the third quarter of this month, let's pray it happen.

It is true that Bitcoin is rare now because there is a huge demand in the market and that is the reason why people hold it for the long term.
but with the direct assumption that it would be more expensive if Bitcoin is available that will be mined even if the limited supply continues and the Bitcoin price becomes high in the future.

No. The fact that there are bitcoin "left to be mined" ensures that the balance of bitcoin is not increasing the price, precisely because more bitcoin is becoming available every hour. The supply is increasing, which dilutes (even slightly) the effect of the demand that drives the price.

The reason the price is increasing is complex because it's a global market. Broadly, there is a new found enthusiasm for this thing that's been in a rut for months. Read the headlines on Coindesk and you'll start to get the pulse for the market.

Bitcoin is very rare.  It is said that there are about 4 million bitcoins that have been lost forever.  That leaves about 13 million bitcoins left in circulation today and there are about 7.6 billion people in the world.

I think we can no longer consider bitcoin as a rare one since it is too known widely and being used widely. But of course, there is a high possibility that it will rise.

That is not the only reason why Bitcoin's price is so high right now even with the limited amount of supply the price could still go down because of FUD, news, dumps so keep that in mind. Users above me mentioned that the demand is what makes the price increase which is true, that's because a lot of people/merchant/places that accepts/sells Bitcoin there's a lot of ways you can do with it now compared to before.


It'll surely rise because of its high volatility and future halving events.

4 million bitcoin again, and every day bitcoin seekers increase sharply, inventory is little and demand is high, then the result is bitcoin value will be very high.
but, is bitcoin able to maintain good public service? I see the fee of bitcoin transaction today is very expensive and slow.

First how do you define rare? because I don't think Bitcoin is rare, anything that is rare should be hard to acquire or hard to find, while owning a Bitcoin is not that hard because you can just buy it on any Bitcoin exchanges easily, and it also doesn't mean that when the price of Bitcoin is high it is rare. It is true that there are still 4 million Bitcoin supply left to be added in circulation because there are currently 17 million in circulation and total of 21 million but it is not the only reason why Bitcoin price is going up, it is the demand and supply that makes the price go up and down, just read the basic supply and demand and you will understand it.

We can see there many more investor comin for bitcoin as the new company came as well,  we will see in the future what will happen, but for me personally bitcoin will be keep bright,  and no one can destroy it.

it could be one factor also why bitcoin prices go up. In addition, the demand for bitcoin is also very high because people are enthusiastic with the presence of bitcoin. Indirectly it will make the bitcoin the higher the price. Moreover, plus the government to make negative news that increasingly spur people curious to have bitcoin, something that is prohibited would be a lot of people interested.

I do not think that the number of produced bitcoins significantly affects its price. The extracted bitcoins do not immediately enter the crypto-currency market. They also fall into someone's purses and are mostly deposited, like most bitcoins.
  The price of bitcoin is more influenced by news information and how many bitcoins fall into the market from other bitcoin owners.

Bitcoin is very rare now and bitcoin is big demand in the market because people are  enthusiastic  with the presence of bitcoin. 4 million bitcoin again, and every day bitcoin seekers increase sharply, inventory is little demand is high, than the results is bitcoin value will be very high.

Bitcoin is rare, there is a limited number of it for it is not yet legalized in the world. And also, that is the reason why its value varies from time to time.

Can this make Bitcoin price increase in future, because there are only 24M Bitcoin as i know. Many miner will move to other coins.

We are in an age where technology is changing the the business world.
The primary theory about the astonishing rally being put forward by investors on social media is that bitcoin will soon benefit from big institutional money injections via the introduction of the first BTC futures products. CBOE Global Markets and CME Group are launching new futures contracts on December 10 and December 17, allowing investors to go long or short on bitcoin. This ability makes bitcoin far more palatable to big investors who are currently flooding the market to make profits if and when the bitcoin price falls. read the link for further info https://techcrunch.com/2017/12/08/why-is-bitcoins-price-so-high/

I think that is one reason of Bitcoin price raise. As long as Bitcoin becomes more rare, the price will continue to go up too i think but it does not mean that Bitcoin will completely vanish.

I think the same. bitcoin is more rar with every day passes as we all know there is a max supply so everyone is rushing to get some bitcoin or some good alts and this will not stop in the next years.

Supply and Demand law are play the role this time !
So nobody can tell the exact answer when bitcoin is rare, the value will be expensive.

What if the government forbid bitcoin usage, ofcourse it will affect on bitcoin demand significantly !

The price of the bitcoins is not judge by the quantity but is by demand the higher the demand the bitcoins have the higher it price gets but the supply will also affect 4 million coins are only left making it rare the lower the supply and high in demands will make it inflate causing its price to skyrocket it being in a small market will also be on of the basis because it can be affected by other sources etc.

No, bitcoin is not rare at all, it is just perceived to be.

Don't forget the almighty satoshi: .00000001 btc

Right now, btc is still speculative.  It has a lot of use cases but those are still pretty much being used by niche markets.
Daily use has become widely available, but because of the volatile nature of btc, it isn't really a practical way to pay for things everyday.

The rising price is affected by supply, yes, but mostly, the last year it has been driven to insane heights basically because of hype, speculation, and fomo.

As the market eventually stablizes and crypto starts to have more practical real world use cases, then supply will have a more adverse affect on the price of btc.

But, by then, I think btc will lose it's dominance.
After all, it is tech that is already 9 years old.

There are literally hundreds of coins that do the same thing as btc but faster, cheaper, better.
Eventually, they will replace bitcoin as the coin of preference.

Yes, bitcoin is rare assets.with 21 Million total suplly and only less than 4 millions can be mine.but about the price, it really depends on market demand.as long people still believe in bitcoin, the price will be following.but I am sure no one knows whats gonna happen when all bitcoins are mined.

yes as we can know that bitcoin just only 21 million in this wolrd, and right now 17Million already mined by miners, i think just 4 million again in the world that still doesnt have the owner. and i think if all bitcoin already mined it is the start if bitcoin, what did i mean? i mean that bitcoin will be start to rising in the public and more popular than before

Bitcoin is becoming rare day after day, as you have said the Bitcoin is becoming lesser to mine.But the circulation supply will continue to flow, so for this situation the one that holds bitcoin as a treasure will become richer because the price will become high in the market. base from the law of supply and demand there's a big possibility that the reason for the bitcoin will become expensive because only few will sell their bitcoin, And the Giant Whales has also a great impact on prices of bitcoin in the market.

There are actually going to be a total of 21 million coins. Currently, we are at 17 million, it will take 120 years for the last 4 million to be mined. It is possible for miners to switch coins yes, but the more miners who leave, the more the remaining miners will be incentivized to stay, as they are more likely to find the next block. Miners also won't only be mining for the Block reward, they will also be mining for fees.

When Bitcoin first launched, the block reward was very high (50 BTC) as there weren't anybody making transactions really, so the fee incentive was Nil. As the block halving took place we moved down to 25 BTC every 10 mins. a lot more people were transacting Bitcoin at this time, but the fees still weren't that big of a deal for the miners. 25 BTC per block was still a very high reward. Now we are sitting at 12.5 every 10 mins and More and more people are transacting, and today the fees miners receive from the blocks are actually worth something. As the block halvings continue, transactions should increase due to adoption, and the fees miners are paid should be more substantial. So Bitcoin is designed to initially have the miner's main incentive be the block rewards, and slowly shift the incentive to the tx fees as the block reward continues to decline. It will keep this equilibrium for the miners, and its just one of the many brilliant Bitcoin design choices.

So yes while miners could switch to a different coin, the incentive for mining on the Bitcoin network actually increases. Remaining miners are more likely to find the next block, and even if the block reward is 3.125 BTC (2024 block halving) the miners will be mining for the fees.

Not just the fact that 4 million are left to mine, but many are lost due to non-believers at the early stages being careless with their coins. Also, satoshi has 1 million bitcoins locked up in his wallet - unlikely that those will ever move

if all bitcoins were mined it will be considered totally rare because the supply will end but the people who demand on it will continuously increase and as time passes by, the price of bitcoin may become unimaginably expensive. But I don't believe that is the only road where bitcoin goes because if we remember there are also some other factors that could affect the price of bitcoin. What I really want for bitcoin is to become stable though.

Definitely Bitcoin become a rare in coming decades.. only reason is that because prices have Bitcoin is beyond expectations..$100k..

I think the price will rise. Four million coins left to be mined. But the circulation supply is still rising.
More supply ----> Lower price
What I like about the bitcoin mining system, where the amount of bitcoin mined on each block will be reduced by half every four years and it will continue until the number of mined bitcoins is zero meaning there will be no more bitcoin produced, a good system to keep bitcoin prices up

Bitcoin does not seem to be a bit lonely but it goes back so we do not have to judge it as soon as we can and we let it go back and forth just as much as it helps especially with my family because of bitcoin I make money.

It's a very important reason for the remaining 4 million coins to be mined. We all know that the price of all the goods in the world is determined by the supply and demand relationship. The rapid rise of bitcoin in the last few years I think is caused by the continuous expansion of the bitcoin community, and more and more investors are joining the market.

I think 4 million bitcoin is still a lot if in mine, bitcoin will not be rare and supply is still enough
Scarcity will increase, so do not be surprised if rare items will be more expensive

yes, bitcoin is rare and limited. but the price is not only depends on that. there are many things that effect the price of bitcoin

just 4 million left to be mined, but one day we have 12 BTC for miner so we have a plan for the day it was dug out. And with the limited BTC, the price will be increase

i agree with your opinion, but the price depend on people's interest in bitcoin in the future

Yes, it is rare because it's limited and only 21 million will be created so far in the next century. I have read this article too yesterday. And the more network that uses the bitcoin, the more expensive it becomes. I was just hoping that bitcoin will survive after a decade when there's billion using it already. because what makes it unreliable to use is the growing network fee also. cross finger to the success of lightning network.

this is excatly right, when the expense changes like the way the poster is describing, the wales are all moving in to take the market by storm. this is why you are now seeing the big price rises it is because these are taking big investments and moving them for the market.

few amount of Bitcoins is also lost forever due to the lost of wallet private key and the death of the owners without legacy, few amount of bitcoins is also held in long term by some investors. some amount of bitcoins is circulated among whales' hands.
yes, bitcoin is really rare. this is one of reasons why bitcoin price increases.

The reason the price is increasing is complex because it's a global market. Broadly, there is a new found enthusiasm for this thing that's been in a rut for months. Read the headlines on Coindesk and you'll start to get the pulse for the market.

I agree that the bitcoin scarcity is one of the triggers of bitcoin price increases in the market, since bitcoin reserves have been severely limited for a long time, making it a cost-price compensation factor over other coins.

IMHO, try searching the word rare. Bitcoin can be found very often in which is contradict to what you believe of it being rare.

Although Bitcoins may be lost forever because of force majeure, its price will just increase as you said. It will just be like our fiat money.

Bitcoin is slowly gaining popularity that's why the price keeps increasing year-to-year. There's always interest on it, even though its been in a rut for months. And you don't need to go to Coindesk or any other crypto media outlet, just look at the price and you will see that's is gaining grounds again (although the we have a price correction.)


I think scarce, is the appropriate word. However, I'm sorry to burst the bubble to you that bitcoin will not be stable because the market is base on speculation. So the price will keep fluctuating whether you like it or not.

Bitcoin is going to be more popular and is not rare anymore. 2 years from now the halving will happened and price will increase probably it will be in the mainstream media if that's happen. Bitcoin has a limited supply so understand it very well.

Rare is not the correct word but its more like limited, bitcoin price could be expensive because it is limited, and the one that makes it more and more expensive is because the demand is a lot, when bitcoin become more popular more people will want to invest, and that is going to add the demand of bitcoin and bitcoin will become more valuable

another thing no one has pointed out

though there are 17mill coins that have been produced. and actually the number of coins lost is still unknown. (many ar long term hoarders but DO have access)

the real thing to point out is that the price is NOT based on the supply of ~17m coins..
the price is based solely on th few hundred thousand coins sat on order lines of exchanges causing support/resistance points depnding on how many coins sit at particular ordr prices.
again only a few hundred thousand coins, not 17m. cause the 'supply demand on exchanges'

Yes and im sure there are more everyday that get lost forever. at some point the block rewards will be lower than the amount of coins lost and then we will really be deflationary

I thought so. Because the more rare a goods or objects then the more expensive price. Conversely, if an object is much sought then the price is getting cheaper. That includes the economic principle.

Bitcoin has a total supply of 21 million and i think there were still a lot of supply left that hasnt been mined because you know that mining a bitcoin is actually hard and getting harder day by day due to the growing competition of miners. That is also the reason on why there were new hardware miners that constantly been built every now and then , in order to still do mining a profitable way.  I think , bitcoin isnt rare at all because many people are now already using it but when it comes to mining i somehow agree that it is really rare.

Yes! Since from the start, bitcoin tend to increase its price because it has only a 21 million bitcoin supply. The scarcity of bitcoin and high number of demand make it more volatile.
Don't worry! Bitcoin supply will not easily gone. The difficulty of mining becomes hard everytime. The bitcoins that mined are divided into two in every 4 years. So, the last satoshi will mine in 2140.

Every single year,bitcoin sees its up and down.Such cycles are inevitable in tne financial world,especially when dealing with speculative assets for bitcoin.

Within five years, only a select, very rare breed of person will own an entire Bitcoin, and NoCoiners everywhere will be kicking themselves over their lack of vision.

Twitter: @BoomerCapital
Web: boomerangcapital.org

And to complete mine the 21 million supply it takes years and we don't know if we are still alive by that time (probably dead).

With a limited supply, investors sees the advantage for having it before its close to run out of supply. Imagine an example piece of art work that has 21 million supply in the world, some were gone and billions of people living today and luckily you have more than 1 of it.

If you count all people around the world and all of them realy want buy bitcoin and want to use bitcoin we can say that bitcoin is realy realy rare and the price of each bitcoin will surely be very expensive because of the biggest demand.

very true because bitcoin is getting rarer and fewer, now many people want to have it and
the price is skyrocketing, for next year bitcoin will be very expensive and rare its existence,
and benefit from the current opportunities we can still have it even if only slightly.

No, it isn't rare. And no, the price doesn't increase just because it has a finite limit. The finite limit only really matters based on how many dollars in transactions need to be processed at any moment in time. If $21 million in transactions is happening every block then Bitcoin would need to be at least $1 to facilitate that if all coins were spent at that time. $2 if only half the coins are being spent, and so on.

Implying something is rare means it is difficult to get. I simply put some money on an exchange and get Bitcoin. That isn't hard, it isn't rare. While it may be difficult to get the monetary value equal to one Bitcoin, that doesn't make getting Bitcoin any harder.

Single Bitcoin is nowadays very hard to get. But you can still buy mBTC easily. I regret I spend my bitcoins. If I didn't spend any of money I earned, I've had 0.036 BTC that I earned by now, but my parents don't love me and I can't get even one dollar from them. Yes, they "put" all money I made for me for future in savings account and keep few hundred dollars in piggy bank.

Yes, without scarcity there is no need for any price.  Hence, why air, unpurified water, light, are close to valueless even though they are very useful.

BTC has a great value and acceptance. The more interests on it grows it's value. Bitcoin is not rare, it is limited.

yes you are right I see the current bitcoin price is very expensive with the addition of bitcoin situation that is difficult to get from the miners also seems I see already many difficulties to get bitcoin.

Yes, it is true that Bitcoin is rare now. Because the demand in the current crypto market is very good. Bitcoin is good for long term holdings. So you can get big profits in the future. However, this is not possible if Bitcoin does not increase the transaction. Therefore, Bitcoin transactions in the crypto market Need to increase.

Normally bitcoin supply will continues to decrease as the people wants didn't decrease but it always increases. I look forward that bitcoin will become the center of attraction in the world of business and money.

It will always increase the price even if all bitcoin will mined or not,because the volatility of all cryptocurrencies are indeed..and this same reasons why this community getting bigger coz of people are encouraged of generating income even if they do nothing,just living their coins on the wallets..

Center of attraction?what is bitcoin a celebrity?and please do make some sense in posting if you dont want to get tagged.

with its reduced amount of bitcoin and leaving only 4 million coins we all expect its bitcoin price to be expensive

If the article is correct and only 4 million bitcoin is available, there is no doubt that the price will increase and, but still there are altcoins, I believe that once bitcoin's value is already high and it became more of a commodity than a currency, people will look for alternative ways on hiw they can still profit in crypto currency,  therr will be a rise of a new crypto currency, it could be ethereum or ripple or other altcoins, but as for bitcoin I guess transaction will be less and less, since the value will just keep getting higher and higher and just like the gold rush, people will be keeping their bitcoins, holding them and will be using them in time of need.

Yes, bitcoin is rare and scarce and in fact scarcity is the main reason why bitcoin is very expensive. Bitcoin is becoming more popular and more people are intrigued with it and want to own one contributing to the increasing demand of bitcoin.

when bitcoin becomes rare, then bitcoin prices will be very expensive, bitcoin will be sought by everyone in the world. but the whales will get more advantages

yes bitcoin is rare but when its price is too high

Investing in bitcoin is not as easy as one might imagine, it is not easy or easy and in rare it means that not all successful investers of all investors should be prepared to face a risk including coin prices or problems when we are rebuked by moderators because we make mistakes, we must also be careful be careful when will act make sure our ways and reports are correct and reasonable like the question in this bitcoin forum
investers must also be ready to lose and ready anything in this field of success or not it is not in thought and in fear first, which is important we try and try to give the best.

About rare, I think from time to time and so on., it will become rarer and have impression more special for many people. But apart from that., doesn't rule out the possibility that bitcoin will last forever despite many attacks or whatever it is.

I think the price of bitcoin grows not only because it is rare, but also because it is convenient, popular and universal as a currency. In the end, they will go from hand to hand and still will not go anywhere.

This could be one of the reason for the inflation issue n the valuation of bitcoin but the major cause for inflation in the bitcoin is governed by the number of investors I guess, the more the number of investors the higher will be valuation and vice versa and the second most important reason for inflation in the valuation is the bitcoin whales who invests very Holyhead amount of bitcoin and thus inflating the valuation and probably this could also be the reason for inflation in the valuation that bitcoin is rare.

What do you mean by that? That when Bitcoin has a high price that is the time when it gets rare? No, Bitcoin become more popular when its price go up the reason we can't call it rare. But if Bitcoin is really rare and I have some good amount of it maybe a hundred, that will bring me a lot of fortune. A lot of people want something rare and they will pay you a good price just to buy it from you.

The reason is supply and demand.. The more people want it, the higher its price spikes up.

Yes I agree that bitcoin is rare because of the prices they offered and the benifits .This is not commonly  used  by any forum to earn and gain money that's make bitcoin unique .

yes you are right I think bitcoin is very rare because the longer the bitcoin is circulated the more difficult it is to get because bitcoin has a very limited total supply and the mining also has difficult to get bitcoin.

In my opinion bitcoin is really rare bitcoin Bitcoin has such a contact in the world. So much is popular and it is. The number of botcoin users is increasing day by day. bitcoin above all cryptocurrency. bitcoin cryptocurrency of a highlevel.

Bitcoin is very rare now because there is a huge demand in the market and that is the reason why people hold it for the long term.
but with the direct assumption that it would be more expensive if Bitcoin is available that will be mined even if the limited supply continues.

Price increases and discounts depend on those who want to own bitcoin and sharks. At present the bitcoin community is very large and they are the amount that creates the price increase and discount for Bitcoin. 4 million bitcoin is large and it is not easy to exploit that amount of bitcoin as the bitcoin difficulty increases day by day. If bitcoin mining is no longer profitable one day, the miners will stop mining. I would like to not predict what I want to make the future decide

You are right, when the amount of demand in the market increases while the supply is limited, then the price will increase. That is economic law. Moreover, the number of bitcoins created is limited. Rare items must have fantastic prices.

You know the rule of supply and demand? When there are so much stock like so many big macs around the corner of the streets, there could be a competition, thus in order for those seller to earn profit, they will bring the price down so they could get the attention of the customer and bought from them. The opposite of such is like buying a tiger, due to its legality and few company that could selli. They could be also hard to find, thus the price could go up if there are also people who want to buy. However, even an item could be rare and hard to find, if there are no person interested on that item, the price could be drag down. But the number of bitcoin to be mined are still not present to the circulation, thus it can't be the driving force of price hike. The most driving force of it is the supply and demand. 

Bitcoins are becoming scarce and difficult to exploit. This means that the value of it is pushed up quite high. When the  demand is greater than the supply I do not know how much value it will be pushed to.

now it's rare to use bitcoins, probably because the bitcoin price is going down all the time, and as a result it does not like bitcoin as much, I hope the bitcoin can get better and better

There's a fixed supply. it cost more money to find gold than it does to buy gold. Unless of course you make a huge invesment in a gold mine but here you have a chance at both profit and loss. it is impervious to politics. the government could fall into collapse or communism and so long as you can hide it you can still spend it around the world. People began accepting it as payment at some point in history this caused more people to accept it since it could always be sold to the exchanges that why bitcoin is rare and truth.

Nothing is going to happen in a few years, you just need to be relaxed and try to see how the market is going to move on the next few months, ebcause it will be pretty shocking

For now I will say Bitcoin is partially rare, if bitcoin is totally rare then it price will raise uncontrollably because it will not be common the way it is now those who have it will hold it strong without panicking of profits lost and price drop. Many holders who are not patient and are afraid thanking many negative thoughts about bitcoin are dumping it which keeps affecting the price.

:Yes, the bitcoin are rare actually because you cannot easily find a investment which will helps you to gained lots of income.
I think we should be grateful and grabbed that opportunity for a better life.

That coupled with the fact that ~4 million Bitcoins are lost as well, makes them extra scarce. I am waiting for the day the market realizes many Bitcoins are  missing, and responds accordingly.

More and more quantity make low and lower price it's about the supply .. when the coin's are much more when the price is much low and like that and dumping are one other reason of falling of the price

actually Yes. bitcoin is rare Because demand for bitcoin is high and if bitcoin production goes up its price goes down.this is an advantage to bitcoin.
For example:is gold price more or diamonds?

Yeah, you are right. Bitcoin is also like a diamond that being mined in our world, Earth, but the difference is that bitcoin is being mined in the computer. It is like a diamonf because bitcoin has also a limited numbers in the internet and it can be a big disaster if all bitcoin will me lost.

yes, as in the law of the market in general. when supply is running low but demands keep increasing, it can be called rare goods and prices can rise high.

Well,, if your are determined the future of bitcoin price is always gamble ,because the technical analysis it can help people gauge for what the market are trying to achieve, if the market was excellent it has the good opportunity to buy bitcoin as bear market in my opinion.   

Bitcoin rare is part of the game because investing of bitcoin is also risk,so that, if your not aware the volatile price of bitcoin you can not understand the rule of market,because every single year bitcoin sees its up and downs due to the cycles of bitcoin price are inevitable to financial world, especially when dealing at speculative assets.

yes that's what makes bitcoin expensive, because the fewer inventories and the more difficult it gets, and the more bitcoin demand in the market, the bitcoin price will be even more expensive.

my speculation is the price of bitcoin will increase more and more after all bitcoin already mined, why? because we can see that bitcoin popularity is high and the demand of bitcoin is high too, so if the all bitcoin already mined all the miner should buy if they want to have the bitcoin. it will make the demand of bitcoin increasing

Indeed it is uncommon, however expecting immediately that it will be more costly if accessible Bitcoin to be mined is less isn't right. Keep in mind that despite the fact that the supply is restricted all together at the cost to drive up regardless we require a request. Obviously I trust that request will proceed and the Bitcoin cost to be out of this world later on.

bitcoin is rare now because there is a big demand in the market and it is the reason why people are hodling it for long term...there are only bitcoin left to mine once all bitcoin has been mined its price will surge up..we can never really say its gonna be soon because the closer we are to the last bitcoin, the harder it will be tfor the miners....

i think bitcoin is not rare because the bitcoin have some limitations.but i hope bitcoin become rare in future.

Good statement and I like the statement.
It is true that bitcoin becomes scarce but that does not mean bitcoin will disappear.
The more people who like and look for bitcoin automatically become bitcoin more visible in the future and I'm sure more and more people who like the bitcoin because this will make more and more people use bitcoin.

A good opinion and I like your opinion.
It's true what you say that bitcoin can be said to be a rare coin if the whole world buys bitcoin so bitcoin can be used for daily needs because it is a considerable demand.

And at this time, your assumption is not right any more. Can say that it begins to be rare but the price still goes down. It makes no sense with why it becomes rare. I have a little bit confuse here.  ???

that four million left to be mined will take a lifetime to get all,because bitcoin mining is getting harder and lesser as it was being mined meaning the mining time of that last four million is un estimated and cant be determined

And you right thats the reason why this coin has a huge amount compared to all altcoins,and ofcourse being pioneer is one that made this rare and exotic

if being adopted by much bigger community, then we will see a  huge value after since there's only few coins to be mine and the popularity is really
getting to more attentions, it can be one of the reason why bitcoin getting expensive because of actual numbers vs possible holders and supporters,
people start to invest and hold coins hoping that after some years bitcoin will bring them more money just like what happen to those early holders
who are now get financial freedom.

It will still take a long time for the bitcoin to be mined entirely. The rarer the bitcoin itself, the bitcoin will become more sought after and the price will rise up of course. Let's enjoy first the market development.

yes, bitcoin is rare and limited. but the price is not only depends on that. there are many things that effect the price of bitcoin

This is the basic economic law, if the demand for the goods is high then the price of the goods will increase in price. But I'm a bit worried about bitcoin, cryptocurrency markets can be manipulated by people who have big capital so they will play the market and make them richer. This is the most vulnerable thing for all bitcoin users, they call it whales. They will sell bitcoin prices when they are on the rise, and when they sell them the bitcoin price will drop so drastically that they will buy it back and earn a big profit.

A good opinion and I like your opinion.
It is true what you say that there are many things that affect bitcoin prices like many of the demand from followers and also there is a bluff from people that bitcoin prices are decreasing so many people think bitcoin prices are so bad then sell it because the rise and fall of bitcoin prices depends on the user so can alone it all affects bitcoin prices.

Just and 4 million can not go together. Also, with current prices, everyone cannot afford even 1 btc and thus they are buying in fractions.

Even if Bitcoin is related to stock and demand it's availability always depends on the trend on the market where people trade the way people want it to be traded on the market. Without the choices people have in terms of buying and selling Bitcoin it is much harder for Bitcoin to be a currency after all. Its system make it all work after all.

It took 9 years to mine 17 mln bitcoins. Mining of the remaining 4 mln will take much longer - due to halvening of reward every 210,000 blocks the growth rate of the money supply will slow down considerably.
They say it will take around 120 years to mine the last bitcoin, and that's a very long time - you can never know what would happen in 120 years.
So I don't think that's the main reason for the increase of price.

It seems to me that you're oversimplifying the situation. The price of bitcoin is not a banal demand generates supply. There are many factors that affect the price. For example, the uneven distribution of coins in the market. Whales can dictate their terms due to the volume of bets. They also have control over the media and successfully create panic when they need it.

This isn't why, in the end it doesn't really matter when it comes down to how much BTC is left because it just depends on whether miners can continue to make their bottom line. If they can make their payments on everything, they won't be too worried about what the price is. It's when the price drops below something that allows for them to continue operations that an issue becomes apparent for them.

The remaining 4 million just won't have too much of an impact at the end of the day.

I don’t think that bitcoin is rare crypto currency. I think bitcoin is only currency that is known to almost everyone, though mining of bitcoin is very important to bring bitcoin into circulation but I think mainly the bitcoin works according to its circulation into the market. Investors buys and sell bitcoins keeping the valuation of bitcoin flactuating and this the value of bitcoin increases or decreases according to market demand and I think it is most popular crypto currency among all.

Bitcoin is not very rare, but in Socratus you can invest money and not be afraid that you will be deceived

For me, because this is the first digital currency that is popular around the world and it is because in this forum can earn money in just a few weeks or a month and also investing without asking requirements and appointment and have a high capital.

Yes it might be the reasons, i believe this is the reasons why BCH are increasing cause many people think BCH is the best candidate that could become bitcoin cause its over the same services in transactions. Bitcoin will become more expensive as the time goes by. So buy some you might get a good profit out of it.

BTC's supply is fixed, and there are now 4 million roses to be developed!
The demand for BTC is increasing with the development of blockchains, and there are many countries in the world that will slowly accept BTC!
So BTC surely raises the price later!

yep when the bitcoin is becoming rare. this will cause the increase in price again.

Bitcoin scarcity is absolutely possible in this market, rarely means that not all successful investors of all investors are prepared to face the risk including price. money or issue when we are censored because we also have to be careful when acting confident that our way and report is as accurate and logical as the question in the house

Bitcoins will become rare, due to the exploitation of Bitcoin, bitcoin mining is difficult and increasingly difficult due to the increasing competition of miners.

I think there are still a lot of coins in the market to be distributed to the consumers. And when the time comes that it will be rare, that's the time that value will rise up again into its highest. cause it will be minimal coins will be available by that time.

I think for the price increase it depends on the sales and demand and supply for the miners with what you mention could have influenced the price but the volume of the amount will remain that I think

Obviously it is rare, but most important it is limited! You know what does it mean? After 21m created, NO MORE btc will be EVER created, so logically the price will skyrocket. avarage people will not even can buy a quarter of btc or less in his entire life. Make the math, just make for example 21.000.000/8.000.000.000 :)

Yes bitcoin is rare and limited after 21 milion btc create further no more btc can create and coz of btc is rare the price is definately soo higer

This is a very huge marketplace right now and we all know that all the leading coins are ruling this crypto marketplace. Although it is also very true that only the best coins are ruling this market or should I say like this only top 20 rank coins are in charge of this market among all this coins BTC is the king coin and the very first crypto coin.
So it has the great impact on this market this is one of the big reason that this coin is so rare and this is one of the main reason that this coin price is so high and become higher day by day. There is very rare bitcoin left to be mined after that what will happen to the market no one can tell this I think the price will be insanely higher of btc. Let's see what happen. Peace.

There are many factors that make the price of bitcoin rise and also go down, if about bitcoin will be rare after being mined, that's true. If you only think about it simply, then we assume that just like classic items that are very valuable and rare, the price will increase as well as collectors. So that's the reason many people hold bitcoin, because the belief in the future of bitcoin will be very real, maybe we should wait later.

We can see there numerous more financial specialist comin for bitcoin as the new organization came too, we will find later on what will happen, yet for me by and by bitcoin will be keep splendid, and nobody can crush it.

Thanks for sharing the link. I consider btc to be a good coin which has many advantages. to my mind, it is obvious that btc is the best coin ever after it there is an ethereum, whcih is also a good one

The framework is the thing that I like about the bitcoin mining framework, where the measure of bitcoin mined on each square will be diminished considerably at regular intervals and it will proceed until the point that the quantity of mined bitcoins is zero importance there will be no more bitcoin delivered, a great framework to keep bitcoin costs up.

The max. supply of Bitcoin is just 21 million coins, however out of that I believe several million are lost for ever for many reasons ( eg: some people mined Bitcoin at the beginning using their laptops and lost them or forgot login details, etc) So yes I believe the limited supply of Bitcoins will make its price go higher and higher if there is huge demand for this cryptocurrency. Though the current market trend is downward, I am optimistic that in the near future we will see a bull run and a huge price increase for Bitcoins and other major cryptocurrencies.

I think it's true, the increase in bitcoin prices is also influenced by the amount of bitcoin supply which is getting smaller, with the increasing number of bitcoin supply, surely bitcoin will be increasingly scarce in the future, so I will buy it now before that time arrives, because crypto investor interest is increasing and people are there are still many who are not familiar with crypto, just imagine when everyone knows crypto and has already invested in crypto, maybe the price of bitcoin will be more fantastic

if the whole world accepts bitcoin. and a total of 21 million bits will be rare for billions of people around the world. bitcoin will become scarce and everyone wants to own a bitcoin for themselves. This will increase the bitcoin price.

if the bitcoin is rare it will hold lots of bitcoins and it will be raised at high prices because it is expensive

your logic is broken. There is certain hashpower generated by miners. Once they will be mining lower amounts of bitcoin, eventually only from transaction confirmations, the price needs to increase in order to make the mining profitable with the same hashpower.

Yes bitcoins are very rare, not because a maximum supply of 21 million are something specially low, other crypto currency has a much lower supply, but that doesn't make them something  everyone want to buy into.
Bitcoins are rare because it's has become an international store of value. Even though the price can change a lot in a day, the demand for bitcoins are always high. And the supply are too low if everyone want to own there own bitcoin.

Due to the multiple fractions in which the bitcoin can be subdivided, this would not be a problem in the future, because not even the current limit of 100,000,000 satoshi per bitcoin is final, so it is likely that if necessary, each satoshi could be also subdivided into myriads of fractions.

The rare and limited Bitcoin is one of the factors that make Bitcoin valuable. And when Bitcoin is widely recognized for its legality and is confirmed in terms of value, Bitcoin's value will increase exponentially. And that is what deserves those who have faith in Bitcoin. Especially when Bitcoin is in a difficult period.

Right. Things that you share are absolutely correct. This is a supply and demand problem that we can see clearly in the traditional trading market. When demand exceeds supply, everything is increasing in value. The higher the demand, the greater the value added. Thus, the Bitcoin holders at that time could hold a huge block of wealth. The point is that Bitcoin needs to be recognized as legitimate.

Of course a huge part of BTC is mined but it becomes more and more difficult to find new BTC. I think that can make a huge problem in the future because BTC will be in demand

With a concept of bitcoin as rare comes with an understanding of bitcoin's scarcity. In the studies of economics about how supply affects the price, we couldn't fully conclude that matter as the increasing price of bitcoin actually defines its volatility that sometime, it could also be lower than usual.

It will be the main reason the price of BTC will rise when people will stop falling for FUD and finally realise it. There won't ever be enough Bitcoin for everyone. This makes BTC a very valuable asset.

yes, i think will rare in the future, bitcoin is limited, and the miner still have a daily production it.
so i think the future bitcoin will rise so much.

I think that everything goes to this. With time it will become less and less. For whales this is a benefit.

There are only 4 million Bitcoin left to be mined. and every day Bitcoin seekers increase sharply, supply is small and demand is high, then the value of Bitcoin will become expensive. But we can't really say it will soon because the closer we are to the last Bitcoin, the harder it will be for miners.

The bitcoin is not rare, it is just have a high value that's why we compare it into the gold that is the value is depend in the uniqueness of a elements but bitcoin is not rare it is so common to hear and it is so expensive to buy like gold

When Bitcoin is running out, supply will be less than demand, leading to a rebound in Bitcoin prices and possibly a $ 20,000 increase. Experts have guessed about this. I think this will be a source of motivation for Bitcoin investors to be more secure about their wallets when Bitcoin prices are low and provide incentives for those intending to buy Bitcoin to buy Bitcoin at low prices and resell it. High price for long term investment...

yes it is true that bitcoin is rare.  Had it not been rare; it's price would not have been so high.  But the price of something depends upon the law of economics.  i.e. law of demand and supply.

In the market when demand is up but supply is low the price will rise; we can experience in our daily routine while we buy vegetables or fruits; when in some season these are available in huge quantity but supply remaining the same the prices immediately falling.  But when season is off; the supply will be very low; then if the demand will be same then the price will go up.

In the same way if more and more people s tart investing in bitcoin so it's demand will increase but it's supply can not be increased beyond certain level and suppose the holders do not want sell then the price will be touching very high levels.

so demand and supply play major role in deciding the price.

I can say that btc is rare but it is worth it. To my mind, btc is the best coin ever and you should be able to invest in it because this is the best currency of the future which has many benefits compared to others

Well, you are right. Bitcoin is rare which is the reason why Bitcoin is value. Moreover, mining Bitcoin is more and more difficult. But I think it is good for Bitcoin to raise price more and more.

It is really true to say that Bitcoin is rare. It is supposed that the demand of Bitcoin higher and higher so people often hold Bitcoin themselves. That 's a good signal which bitcoin will be go up price soon.

Its not rare cause there are lots of bitcoin that we see being used and traded everyday. If its rare, then we won't see it on some faucet and being used on buying things. Yes, it has a great value but we don't treat it as rare or some majestic things. It would be silly to think it as rare, better to think it as valuable asset.

Yes bitcoin is rare, but its back again to the old and rise again, don't worry and afraid everything will be okay again, but doesn't mean that bitcoin will dead that is only the price not the whole bitcoin.

I think that the rarity of bitcoin-not much effect on the price. It seems to me that the news is the most important factor affecting the rise and fall in prices.

No need to argue on that yes we should all know bitcoin is been a long time in the rare status
But all of these scenarios for bitcoin will be fix in the right time with success of victory for all of us
Price will rise again

Of course bitcoin is rare, it is the only experiment that has managed to simulate rarity in the digital world, and it isn't a technoogy. But an economic expedient. And as there is less and less to be extracted, the value will certainly increase.

Yes, Bitcoin is rare. This is not only about the remaining 4 million left to be mined. It's about 21 million Bitcoin for everyone in the world. And yes this is the reason for price increases. However, as we know, the most important thing in price increases is the amount of demand for Bitcoin.

yes bitcoin is rare, but mining is still available, low value makes bitcoin enthusiasts go down, this is very interesting for us to add enthusiasm to mine.

The many requests for Bitcoin in the crypto market that are happening right now make bitcoin rare and the price is expensive, I think that is the reason why people are eyeing it for the long term. Also, there are only 4 million bitcoin left to be mined. So that means, after all bitcoin is mined, the price will rise. But we can't really say it will soon because the closer we are to the last bitcoin, the harder it will be for miners.

Bitcoin is rare, which is the reason why Bitcoin is value. And the demands is more higher than the supply reason be that those holding the coin are not ready to dispose it which also gives value to it. Also the mining process is getting more difficult since the number left to mine is less than the one already in existence so bitcoin is really rare.

I have a question, when bitcoin is mined, the supply in the market will decrease, right? but when whales sell all their bitcoin in the market, is the supply recovered? so the price goes back down? actually in the cycle where we are, bitcoin is mined, bought, and then sold again, like rotation on a wheel.

In my own opinion, the basic concept of investment is that when the supply is high, the price is also low and vice versa. What causes bitcoin's market price to go up high is the increasing demand of bitcoin from old and new investors over the low supply of bitcoin.

In the past few years i was watching the crypto currency which is now less using but still it's use for the business man and other users it is very important for their business and other uses it is valuable to them it is not rare because the market is showing active participation of bitcoin.

maybe, but that doesn't mean that bitcoin will disappear and become a step. it will be the opposite for bitcoin and Bitcoin will become more positive in the future. if they want to hold back in scarcity for how much time maybe bitcoin will come back to triumph, this will make people use bitcoin even more and prices will definitely rise again.

I guess it is the sign that bitcoin will be more valuable because once all bitcoin will mine theres a tendency to lessen the supply in the narket. And the demand will high and might be moderated the fluctuations of its value.

My saliva is rare too. Only I can produce it and once produced, its authentic with my DNA. And my salivary glands are capable of producing only limited quantity of it. Does that make my saliva expensive? Well... I dont know...

"rare". This is very possible. But Bitcoin and altcoin need to be developed and used even more!
Rare is not that valuable! Value when used widely and practically!

It is one of the reason why Bitcoin price is increasing. There are only few Bitcoin left to mine. One reason why it is increasing is because many people are holding Bitcoin as an investment. Added by some Bitcoin that is lost forever because of the negligence of the users years ago and even new users who forgot to backup their wallet.

Apparently this has been one of the supposed advantages of bitcoin that many assume will increase its value over time, however the simple fact that something is relatively scarce does not automatically make it valuable if none is interested in buying it.

But it must also be borne in mind that through hardforks some people have found a misleading solution to this problem, so that if at a time there are 100 new forks and all claim to be the real bitcoin, the problem of scarcity is overcome and there will be 2.1 billion of "legit" bitcoins waiting to be recognized as the original bitcoin.  ;D

Rather than the number of bitcoin in supply, I think that what has really helped bitcoin in people's mind is that, it "can not" be manipulated and once the figure is changed, I think people will start withdrawing their confidence. So, that is what I see as the actual advantage. Not that of the maximum supply alone.

the scarcity of bitcoin is actually we have to develop again, so that in the future bitcoin will be better than now, it's just that we need cooperation to build again.

in my opinion, because many people hold it back, they will sell it when prices stabilize. And that is an ordinary thing done by investors. Even they have to be patient as long as it is for the sake of getting profit ... !!

For me Bitcoin is rare interms of its supply because if see for the past years, this coin is having a low supply but the demand is triple its growth. So for me low supply and high demand is the reason why is price is higher than other cryptocurrency. Also those people who do mining of bitcoin they say it takes a years before they can get Bitcoin, so I think Bitcoin is really rare.

It's all relative to how much new bitcoin is entering the market. (is being sold) compared to being bought.

The thing to really watch out for is the block halvings.

We get to experience how the market reacts to less bitcoin being created. That doesn't happen very often. The next few halvings will be very significant. We'll see inflation that is below the long term inflation for the dollar.


And after a few more halvings we'll start experience deflation from people losing private keys through death/war/recklessness/purposeful destruction.


edit: halvings changed to block halvings

As Bitcoin is less and less extracted, the value is likely to increase. This is not just about 4 million left to exploit. This is the reason to increase the price. Much of the demand for Bitcoin in the cryptographic market is happening right now making the bitcoin rare and expensive, I think that's why people are paying attention to it in the long run. So, that is, after all bitcoin is mined, the price will increase. Bitcoin is rare, which is why Bitcoin is worth. Also the mining process is getting harder because the rest of mine is smaller than the number that existed so bitcoin is really rare.

Yes bitcoin is going rare right now. Because bitcoin price is increase so there is no many people but bitcoin. And there is so many people hold the price in high price. And it is just 4 million bitcoin left so the people will fight to get the bitcoin after they hold it for a long time

limited total supply and tends to decrease every time, making Bitcoin prices rise because this item is really rare
I am very confident, when all the tokens allocated to the miners have been exhausted entirely, the BTC prices will explode again
this time there are two most awaited news, namely the end of mining bitcoin and the entry of BTC to ETF

Not only rare, but is extremely expensive mine bitcoins. Nowadays only with specialized equipment.

In my view, yes. The people already notice that bitcoin is like a gold right now, it is not infinite and many people need it. So, the prices will be going up more and more. When you already notice that too. I suggest you to buy it more before it is too late and you regret it. The prices will be moon again.

Yes Bitcoin is rare. because it's demand no is very high. it's useful crypto currency for us. you can using it many different ways. it's gives lot of opportunities to trade. I think, 4 million crypto currency has been lost forever. and That leaves about 13 million bitcoins left in circulation today and there are about 7.6 billion people in the world.

probably one of the reason for such an high price is because of the low supply. another is because its the king of cryptocurrencies and also because its widely used all over the world. 

Thats very true mate, bitcoin is really much rare. Once all the bitcoin will be mined, its value will increase more and more as time goes on. With only twenty one million total supply for it, crypto people will race at having a bitcoin in their wallet because having bitcoin is already a treasure.

Yeah but it is just one of the reasons why.

I think it's true, because if the btc supply decreases every day it will cause the number of btc to remain at 21 billion, which will cause prices to increase because of the rarity of btc. but there are also other factors that cause prices not to rise or even decrease, namely whether investors or traders still want to trade btc in the market or not, if the interest from btc is still very much then it will be good news, vice versa

The 21 million bitcoin limit is approaching when diggers have exploited more than 16.8 million bitcoins, equivalent to 80% of that amount.
Unlike the rest of the coin, bitcoin is limited in quantity. Whether or not it is, a total of only 21 million bits can be excavated. Later on, the bitcoin mining level is even harder, with fraud, bitcoin stealing increasing dramatically.
The first bitcoin block was started by founder Satoshi Nakamoto in 2009. At that point, each block corresponded to a 50 bitcoin (BTC) reward.
For every four years or 210,000 volumes created, the bonus will be reduced by half, first 50 BTCs (2009) then 25 BTCs (2012), and now at 12.5 BTC. Currently, the total amount of bitcoin can be exploited to 20%.
The difficulty in exploiting the last bitcoin is increasing, while the reward is reduced. The speed of new digging will slow down and it is difficult to predict how much the bitcoin will be worth.
In addition, it is difficult to predict the time of digging the last bitcoin as this also depends on the speed of hardware development. However, many predicted that the time would be 2140 when all present investors became "dust"

Bitcoin is rare to the extent at which the individual users view it to be, but the fact is bitcoin even if mind in totality will still remains in circulation because it is a redistributive commodity just like every other currency and the price will always be determined by it demands in the market .

I don't see the source of this information. Who conducted such research? What error? I don't trust such data.

I think that btc is a good coin and you can invest in it. Btc is the best coin ever as it has many advantages. To my mind, it is better to use the long-term investment strategy because it is less risky

I think the price will not go up if the demand is too low even though bitcoin only have a limited supply because it needs to be bought. Its like a simple principle of supply and demand law in which the demand goes up then the price will go up too. Bitcoin is rare yes because it is the only one in cryptocurrency world that hit a price for almost $20k each.

If people not easy panic with fake news, i am believe bitcoin price rising. The problem with market condition right now is too many fake news that can make peoples panic and selling their bitcoin with lower price

Bitcoin is not rare although only 21 million Bitcoin were created. You can always get some to buy on the exchange or market if you have the money or coin to exchange with. Bitcoin will become more valuable when it meets the mainstream adoption where its demand will increase exponentially due to its limited supply.

yeah its true, only 4 million coins left to be mined, after mining all coins, the price will increase.then we cant buy btc for low price, the demand will be high in furure.

For now bitcoin may not replace fiat money but I think the use of bitcion is now distributed evenly even many people in developing countries will receive bitcoin as a means of payment.
And the minds of people who continue to benefit from the bitcon will destroy satellite hopes to make bitcoin into global currency.

bitcoin just quite rare, i think apart the price of bitcoin so high and many people want to hold them, they believe in the future of bitcoin, and many miner mine bitcoin day by day so this will make bitcoin rarely

Yez as of now bitcoin was in a rAre condition , but it doesnt mean that it will be banished or gone .. yearly it happens , when you say bitcoin it is not in stable value as always.

I think bitcoin is called rare because it is the only coin that is really popular and really have a huge value but with only a few maximum supply of coins, maybe this is the reason it was called rare.

It is low to supply demand I think Bitcoin rare because everyone should them want to buy and hold for the future profit, Bitcoin is the real currency to makes profit anytime.so it says Bitcoin price unstable always so holders people want to waiting for price rise time.

however, if bitcoin is rare, the volatility that occurs is so great. should the increase or decrease in the market still have normal limits. the profit that is seen is very promising, but of course this cannot last continuously

Actually price is depending on the demand and supplies. If the demand is the higher than the supply then price get high. Day by day a huge number of people are joining with bitcoin. People are much concern about it and hold for a big pump.

Yeah, bitcoin can be HIGH price but can to low price. Very interesting,Bitcoin is a very valuable for now, we hope bitcoin can to rise up

whatever the situation is going on, Bitcoin will be a great part of the monetary platform.

It's a natural process, everything will be followed by the general economic system. supply and demand are the main keys to this issue.

While the vast majority of analysts have pointed to the SEC's decision to postpone the approval of VanEck's Bitcoin ETF to set the tone for the short-term downtrend of the BTC, some investors have voiced suspicions. The possibility exists of a claim, especially considering the delay in the SEC's decision.

Not really that, Bitcoin has become a great part of the online monetary system, day by day it's getting accepted around the world, so it will make a difference in the future for sure.

bitcoin has become very difficult to obtain and has become very rare because bitcoin has a very limited total supply, only 21 million pieces can be mining and can be obtained while the number of people in the world is more than 21 million, making bitcoin a very difficult to obtain and become very rare someday because the supply has run out and no one sells at a cheap price anymore.

Nobody pays for a useless thing. BTC brings a lot of advantages when compared with fiat currecies or digital money of banks. Not only supply determines price of BTC, there is also demand side and demand for BTC still goes up in a long term.

yes, I think bitcoin is rare.  Because it is the law of supply and demand and it is not just supply, it is supply anddemand. there needs to be an increasing demand for it too. bitcoin has that increasing demand which is increasing with more adoption.The main reason why the price is going up its because there is a big demand in the market there are so many people want to hold bitcoin. However if they start to hodl and not to sell it for a bout 3-5 years then that when the bitcoins become rare and the price will rise too.

I think that we will experience an enormous bull run of BTCs price and whole crypto in future, because technology is very futuristic and efficient and it is just the beginning of the crypto story, you're right.

If bitcoin will really become rare in our days now then the price of it will surely be increase. It will be a lot of higher than the original price of it. Also, another one bitcoin will be indemand for possesing it and mining it. And many people will be heads over heels for bitcoin because of it rareness.

It is sad to say that only 4 million coins left to be mine out of 21 million coins but there is happy news that is the price will be increase for sure.

One factor that makes the price of bitcoin rise is when bitcoin becomes rare , while many people want to have bitcoin. The cause of bitcoin is scarce if most of the bitcoin owners still hold the bitcoin they have. When bitcoin supplies are limited, while the demand for bitcoin continues to increase, it will cause an increase in bitcoin prices.

This is true there is only 21m bitcoin at the total and in the future one day, there will be very very difficult to have 1 BTC. Maybe even 1 BTC can make you rich or maybe one of the USD millionaires in the world.

Also, there are around 29 million digital wallets created till now. A regular user can create 1, 10, 100 or any number of wallets. This represents that only 0.38% of the population or less has created a Bitcoin wallet.

The thing is bitcoin has a minimum amount to be released to the market to retain its profitable value though the price is in a wavy line chart but it is the reason why its rare every bitcoin is limited to an accumulated amount that anyone needs to use it properly. It is limited to a certain number of profitable bitcoin because if the system increases the population of it the value will be lesser as it is now.

Bitcoin in the future will cost a lot, due to this property. This is what traditional money has always lacked

that's why bitcoin is still stable in determining the price of $ 6000, with this price and circulation bitcoin will still be a coin with the highest to hunt. but because so many altcoins make bitcoin the main thing to look for because in the crypto world the competition for bitcoin and altcoin continues to increase

Yes, bitcoin is really rare for us. With limited numbers, I believe in the future with every bitcoin you  pay a lot of money so you can own it. So if you are having it at this moment it will surely be a valuable asset in the future. Bitcoins are becoming scarce and it is being exploited day and night. buy it before prices rise too high.

small portion available in crypto for bitcoin, will increase that price. or maybe people can choice coin to replace bitcoin. but im not sure if someone bitcoin will be replaced. rare because everytime, bitcoin's supply decrease. but its not rare like you cant earn it

Bitcoin is becoming scarce because it is being exploited to the maximum extent. There are many factories built for bitcoin extraction and distribution worldwide. I found that in some big countries like China they ban bitcoin but bitcoin factories are still working day and night to exploit bitcoin. This is the reason why bitcoin prices continue to increase over time. Bitcoin prices increase with scarcity of it

It should be, but the current state does not show it will increase dramatically. What makes me curious is how will it be when bitcoin that will be for mined has been exhausted, considering the transaction requires miners to be carried out.

Probably it is. There no other tham thing that will help you generate profit. It is given that it uas good features but I hate the chatacteritistics it has and all so its thing as a whole but then it is school a good thing. It is rare in a way way that as an individual yu cannot do it in an instant, you even cannot do it.

The answer is obvious, it is not a rocket science that you need a complicated answer. Bitcoin is very limited, and there are only few Millions left to mine. The only way Bitcoin is going is to go up, open it may decline many times but it will recover after the FUD is over.

the reduced supply of bitcoin can indeed affect prices to be more expensive, but the activities of people in the market will always exchange the bitcoin they have with cash and vice versa, buying and selling activities will increase so that market price movements are very influential by demand and supply on the market .

I think a little bit more and some global conflict will begin. But before him is the currency of the world to collapse. That's how it was in the last century. And I think can repeat.

 Hey Cryptohad! Bitcoin BTC is a cool technology that acquired users. It is always better to have the technology built first.  ;)