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Author Topic: Enjoy bitcoin while supply lasts  (Read 1070 times)
helloeverybody
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July 04, 2016, 07:15:34 PM
 #21

I think the only time we need to worry about a dwindling supply of bitcoin is once/if the user base ever increases to above 10 million or more. Even at a 10 million userbase not everyone is going to necessarily  own 1 bitcoin so maybe the real amount you are going to need is 50 million or more. This kind of really shows how small adoption we are at right now with probably only a few million users at most.

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July 04, 2016, 07:38:36 PM
 #22

I have another view of your problem, with more users wanting to buy bitcoins prices will increase and problem solved. The supply/demand market will find the correct price.
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July 04, 2016, 07:51:36 PM
 #23

"shortage of supply will cause an increase in value" that is the point, and in that rise  we can make serious money. I think there will be something more when we stay without supply, even now coins are circulating, alt coins are used a lot also. Someone smart will think of something, btc will worth a lot one day, so maybe its time for us to think which coin can follow bitcoin steps.
I believe that OP made a big mistake, bitcoin will be here tomorrow and we will enjoy in this crypto world many more years. Digital future is coming, people can fight against it, but its coming, and for sure blockchain technology is the big part of that future.



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Rainbot
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July 04, 2016, 09:18:37 PM
Last edit: July 04, 2016, 09:29:00 PM by Relnarien
 #24

Bitcoin has a limited supply and the users are constantly growing by numbers. The dwindling supply of bitcoins versus the increasing demands of consumers will lead to the shortage of supply and may lead to the total failure of bitcoin in the future. It is possible that it my happen so enjoy your bitcoins today since it may not be there tomorrow.

That concern was addressed by Satoshi Nakamoto even before he/she/they launched Bitcoin. You are similar to a first grader who is trying to tell his sister how to solve a college calculus problem because he just learned how to add two-digit numbers that day.
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July 04, 2016, 09:28:23 PM
 #25

Bitcoin has a limited supply and the users are constantly growing by numbers. The dwindling supply of bitcoins versus the increasing demands of consumers will lead to the shortage of supply and may lead to the total failure of bitcoin in the future. It is possible that it my happen so enjoy your bitcoins today since it may not be there tomorrow.

That concern was addressed by Satoshi Nakamoto even he launched Bitcoin. You are similar to a first grader who is trying to tell his sister how to solve a college calculus problem because he just learned how to add two-digit numbers that day.

Agreed;  insane topic.
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