If the price of bitcoin increases

[carlisle1]

I think you got the wrong information, I became curious about the trusted source of information that you read. If it can be shared
Where do you get information from, because the mention of the total number of bitcoin can increase it's clearly misleading information.

Which part is Misleading/mind please tell us what are you pointing out here because if not then you are the one who's telling us wrong here.

Remember that Without Proof everything will become hearsay and won't be trusted specially here in crypto space when every claims are either fud or lie .

Next time be more careful in looking for sources of information, I am also a little surprised by you, even though you are a newbie ranking.
But you are quite active in this forum, you should already know the truth that there is no way to increase the amount of bitcoin in circulation.

And it is not the Mount of Bitcoin circulating is the topic but the Price of Bitcoin,but anyway you are free to say what you wanna tell us but make sure that you read the OP first before doling such comment.

[peter0425]

After I read from a number of trusted sources and it turns out I get information, if the total number of bitcoins in circulation is 21,000,000. but if demand continues to increase, this number will be added again.

and the My question is very simple ...

Who will increase the amount of bitcoin, if then the demand increases ??
Did they Is make this bitcoin, actually ??

Lol there will never be addition in the volume of Bitcoin,this is why Bitcoin is precious cryptocurrency and the most valuable.

I think in this part altcoin will Give help sooner,there are some alts that will cover the demand of Bitcoin so the circulation of cryptocurrency will always be covered and will not fail users.

[UserU]

And it is not the Mount of Bitcoin circulating is the topic but the Price of Bitcoin,but anyway you are free to say what you wanna tell us but make sure that you read the OP first before doling such comment.

Don't mind him, he's part of a signature campaign and those Merits were airdropped.

You'll find posts like these like dime a dozen here.

[FIFA worldcup]

Don't mind him, he's part of a signature campaign and those Merits were airdropped.

You'll find posts like these like dime a dozen here.

Mind it that he is a Sr. Member and in all those times he should have gain knowledge about bitcoins.
The price of bitcoin will increase once it cross 10500$ and stay above that level. Currently 10K is the resistance level but soon this will become a strong support for bitcoin.

[Rafiqul]

The total supply of Bitcoin can be 21 million. There is no way to increase it any more. The amount was specified when the code was placed in the blockchain. Mining can not be more than that. So I guess the source you mentioned doesn't really know anything about Bitcoin, either completely ignorant or a bitcoin propagandist.

[bocyaj]

There are only 21 million bitcoin out there that are destined to be mined. It is fixed. Now, the price changes base on the demand for Bitcoin. On 2013, the value of bitcoin was low because at that time, Bitcoin wasnt really popular unlike now that everyone knows what Bitcoin is and so the demand is high as well. If the demand increases, the price increases as well.

During 2013,the value of bitcoin was low due to the less investors and less knowledge about bitcoin by others.Now only 1/10 of people had not aware of bitcoin,so the price of bitcoin is purely based on demand of bitcoin by the investors and holding bitcoin also decide the price of bitcoin.Now bitcoin price is decided by demand and supply by the investors .

[btc78]

I am not understand about bitcoin since long time

So there is no way that you need to stay here,because This forum titles Bitcointalk.org  and if you are not willing to learn about Bitcoin then  why still here?

As far as I know the number of bitcoins is fixed and cannot change. This is an important aspect.

21 million in total supply,but this amount already lessen because of lose addresses and other negligence from the Bitcoin owners.

[imstillthebest]

There are only 21 million bitcoin out there that are destined to be mined. It is fixed. Now, the price changes base on the demand for Bitcoin. On 2013, the value of bitcoin was low because at that time, Bitcoin wasnt really popular unlike now that everyone knows what Bitcoin is and so the demand is high as well. If the demand increases, the price increases as well.

During 2013,the value of bitcoin was low due to the less investors and less knowledge about bitcoin by others.Now only 1/10 of people had not aware of bitcoin,so the price of bitcoin is purely based on demand of bitcoin by the investors and holding bitcoin also decide the price of bitcoin.Now bitcoin price is decided by demand and supply by the investors .

2013's value of bitcoin is better than 2012 down to 2009 or on the year when btc was discovered but lets not forgot btc was already volatile that time , means the price can increase or decrease no matter what year we are in   . 1 percent over 10 people still dont know about btc? your estimation is too much  . for me i can say  4 percent of people still dont know if what btc is but involvement of people wont really have much impact on the increase on the price because some of them still sell and quit on btc

[arwin100]

There are only 21 million bitcoin out there that are destined to be mined. It is fixed. Now, the price changes base on the demand for Bitcoin. On 2013, the value of bitcoin was low because at that time, Bitcoin wasnt really popular unlike now that everyone knows what Bitcoin is and so the demand is high as well. If the demand increases, the price increases as well.

During 2013,the value of bitcoin was low due to the less investors and less knowledge about bitcoin by others.Now only 1/10 of people had not aware of bitcoin,so the price of bitcoin is purely based on demand of bitcoin by the investors and holding bitcoin also decide the price of bitcoin.Now bitcoin price is decided by demand and supply by the investors .

1 percent over 10 people still dont know about btc? your estimation is too much  . for me i can say  4 percent of people still dont know if what btc is but involvement of people wont really have much impact on the increase on the price because some of them still sell and quit on btc

That's quite less number given but actually I believe this article is accurate https://www.buybitcoinworldwide.com/how-many-bitcoin-users/ since no one knows on how many bitcoins users around the world since in the first place anyone can create multiple addresses and I know some people doing this for fund security and we need more involvement as well education about how this thing work so that people will decide to stay and not to quit when the hype for their selves gone.

[bearexin]

After I read from a number of trusted sources and it turns out I get information, if the total number of bitcoins in circulation is 21,000,000. but if demand continues to increase, this number will be added again.

and the My question is very simple ...

Who will increase the amount of bitcoin, if then the demand increases ??
Did they Is make this bitcoin, actually ??

Maybe the devs can do that, and they must have thought about it by now. But I don't think there are any plans to do such thing yet. And moreover we won't be running out of supply, because every minute people are selling their coins, the same with those that are buying.

It is believed that there are more people making use of centralized exchanges than the decentralized ones. And when you check all these DEX exchanges you will see that there are lots of people selling, no matter when it is you want to buy, you will always find someone that is willing to sell. The only issue you might have is with price. But supply never runs. When the demand is increasing the price will also be increasing to fit in with the demand.

[hulla]

After I read from a number of trusted sources and it turns out I get information, if the total number of bitcoins in circulation is 21,000,000. but if demand continues to increase, this number will be added again.

and the My question is very simple ...

Who will increase the amount of bitcoin, if then the demand increases ??
Did they Is make this bitcoin, actually ??

Maybe the devs can do that, and they must have thought about it by now. But I don't think there are any plans to do such thing yet. And moreover we won't be running out of supply, because every minute people are selling their coins, the same with those that are buying.

Yes, the DEV can do that but i dont see it happen because i believe the only person that can change bitcoin protocol into a large total supply is Satoshi and if such case ever happen it will affect the price of bitcoin market. Besides, i dont see the purpose of halving either which was implemented to limit the number of new bitcoins generate by the network as a way of control inflation.
The chance of total supply increase is 9%.

[Fredomago]

As far as I know the number of bitcoins is fixed and cannot change. This is an important aspect.

Yups and the 21 million max supply is near to be mined,though it has been said that the final Bitcoin will be finished mining more than 20 years from now.


Thats why the price may increased high when that day comes.

[Ifemini]

After I read from a number of trusted sources and it turns out I get information, if the total number of bitcoins in circulation is 21,000,000. but if demand continues to increase, this number will be added again.

and the My question is very simple ...

Who will increase the amount of bitcoin, if then the demand increases ??
Did they Is make this bitcoin, actually ??

There will be no new minting of bitcoin total supply, also once we have the total cap of bitcoin circulating and more people demanding  for bitcoin, then we get to experience good high prices for bitcoin which is healthy for the crypto currency market.

Higher demand than supply means a bull run could be around the corner

[Guryon_master]

After I read from a number of trusted sources and it turns out I get information, if the total number of bitcoins in circulation is 21,000,000. but if demand continues to increase, this number will be added again.

and the My question is very simple ...

Who will increase the amount of bitcoin, if then the demand increases ??
Did they Is make this bitcoin, actually ??

Same rule apply with the fiat. It doesn't mean that you have to imprint more if the economy of your country is growing rather the value turn to another level higher than the way it used to be. if the time comes that bitcoin will be flooded with many users and investors it will affect the price positively but to add more number to increase the current supply won't help but will brings only negative effect.

[hahay]

Because of the limitations that make the price of bitcoin continue to increase and the supply of bitcoin cannot be added or reduced. With articles or whatever you read at least it becomes clear if the value of 21,000,000 BTC is a maximum supply and if demand continues to increase then of course that is something that is expected because it will continue to increase in price.

[Kelvinid]

I think OP didn't clearly understand the 21 million circulating supply or he is trying to ask if there is a way to increase it.
@OP, even it reaches into the time that 21 million market supply is already been mined ( less possible) I don't think Satoshi will make another Bitcoin. We have a lot of altcoins to reconsider and if that time will happen people will jump into altcoins. And that time, we can see another coin will dethrone Bitcoin. Though Bitcoin will reach to $50k or even more but the total circulating supply will remain at 21 million.

[Oceat]

I think OP didn't clearly understand the 21 million circulating supply or he is trying to ask if there is a way to increase it.
@OP, even it reaches into the time that 21 million market supply is already been mined ( less possible) I don't think Satoshi will make another Bitcoin. We have a lot of altcoins to reconsider and if that time will happen people will jump into altcoins. And that time, we can see another coin will dethrone Bitcoin. Though Bitcoin will reach to $50k or even more but the total circulating supply will remain at 21 million.

I'm sure OP did not understand because there's a fault on what the OP said, it's a misinformation that Bitcoin would be added more again. Everyone who understands Bitcoin know that 21 million is the maximum cap and there will be no plans on adding it, unless Satoshi wants to come back just for that.

Considering there are lost Bitcoin in hundred or thousand of different addresses and that would make the circulation getting smaller. Which means the price would rise if the demand is higher than the supply.

[dongosquad]

Because of the limitations that make the price of bitcoin continue to increase and the supply of bitcoin cannot be added or reduced. With articles or whatever you read at least it becomes clear if the value of 21,000,000 BTC is a maximum supply and if demand continues to increase then of course that is something that is expected because it will continue to increase in price.

So true. If we look at economic law when demand rises while supply remains, then prices will continue to rise. Logically, it is an action that is not appropriate if demand is high, then supply is increased, in fact, it can damage prices. Although there are many wallets containing hundreds of BTC lost or inaccessible, making coins circulating smaller, is not a good reason to increase BTC supply. This can actually be a good opportunity, rare items that are interested in many people are expensive, right?