75% of bitcoin mined?

[outatime1]

The fewer bitcoins there are, the more each would be worth in theory. My only concern with that is I hope bitcoin becomes more popular before the price goes very high. I think we need wider adoption than we currently have.

[MingLee]

The fewer bitcoins there are, the more each would be worth in theory. My only concern with that is I hope bitcoin becomes more popular before the price goes very high. I think we need wider adoption than we currently have.

Technically speaking, due to the inability to ever really "destroy" any amount of Bitcoin without forking it out of the chain, the value of Bitcoin will always be representative of the total available amount, either being the current amount mined or the full 21m cap.

[coinsocieties]

The fewer bitcoins there are, the more each would be worth in theory. My only concern with that is I hope bitcoin becomes more popular before the price goes very high. I think we need wider adoption than we currently have.

I disagree with this statement.  I do not understand why you think that the fewer there are, the more they would be worth.  It all relies on the demand of bitcoin.  We need the mining to continue in order for bitcoin to be alive.  Bitcoin will continue to be produced until the mining is completed the max bitcoin allowed.  The issue we need to correct is the larger demand for bitcoin.

[piloder]

When we will be near to total 21 million of minable bitcoin it is good for growth of bitcoin price as this will limit the supply of bitcoin where as over time demand is increasing so it will cause panic price rise in future which will be exponential rise as there will be no more new bitcoin which will be generated.

[JasonXG]

What does this even mean? If there is only so much BTC in circulation how can it grow to become a widely accepted currency? wouldn't this give an unfair advantage to holders like us, and causes an alternate monopoly which eventually will fail the objective of becoming a widely accepted currency?

Very easy. It depends on the ratio. All you do is change the ratio. Like dude didn't you think this properly through when you asked this ? It doesnt matter how many there are. Do you know what a ratio is ?

Even if there eas only 1 bitcoin ever it doesn't matter because you keep a ratio. More coins = less value. Less coins = more value.

Basic economics.

[requester]

holders are waiting for price rise so when price will rise then they will sell and bitcoin will come in circulation. yes it's going to be a great problem if bitcoin in circulation is less amount because many user are holding so what's the use of cryptocurrency. I think we should call satoshi to modify the script that would block holders wallet or he should come up with another idea.

[barbara44]

When we will be near to total 21 million of minable bitcoin it is good for growth of bitcoin price as this will limit the supply of bitcoin where as over time demand is increasing so it will cause panic price rise in future which will be exponential rise as there will be no more new bitcoin which will be generated.

Yes, once the block reward goes below 10 bitcoins per block, we can expect exponential growth of bitcoin adoption and bitcoin prices due to scarcity of new bitcoins availability. This is as per the basic economic rule of supply and demand, so when we are getting near by 90% of total bitcoins to be mined out, you can be sure bitcoin will get the best value it deserves.

[Denker]

holders are waiting for price rise so when price will rise then they will sell and bitcoin will come in circulation. yes it's going to be a great problem if bitcoin in circulation is less amount because many user are holding so what's the use of cryptocurrency. I think we should call satoshi to modify the script that would block holders wallet or he should come up with another idea.

No no it's not that easy!
You can not expect strong holders to sell Bitcoin for shitty fiat!Except the few traders who are greedy as hell.
Sure some hodlers may sell parts of their stash.But I'm sure it won't be that much.Especially not when we break the ATH one day and they do not own that much BTC.Everbody selling then will deeply regret it!
Many hodlers are long time hodlers by the way and true believers! So with a rising price and growing demand, new potential buyers will have to deal with what's getting offered then.And that won't be that much.Also I wouldn't expect the miners to sell all new mined coins then.
When this scenario happens the price could rise by an order of magnitude easily.

Satoshi can not block anybody!He is not the boss!!! This is an open source protocol and changes need consensus!
Sorry but if you're not happy you are always free to leave.
Bitcoin is much more than just a currency!! Way more than that!
Alone as a safe haven and store of value it could be worth trillions one day!!!!

[kylesaisgone]

There's only 21 million coins ever. It actually gives an incentive to adopt early.