Will the ACTIVE supply of Bitcoin eventually fall and is there a way to stop it?

[xJuturna]

Although bitcoin continues to be mined, in the grand scheme of things it is a deflationary coin.

With a 21 million hard cap, every time coins get burned or lost or locked out, it decreases the overall supply.

IT's more useful as a store of value like gold, than for day-to-day and micro transactions.

exactly you hit the nail on the head.


To add to this as the overall supply decreases then, in theory, the value should increase especially as more 3rd parties accept bitcoin.

I'd like to think there will be people writing in their bitcoin wallet and key information in their wills to pass down to their children and I'm sure that can and will happen. The amount of coins will decrease to some extent because not everyone is willing to do this, but with a 21 million coin cap? There will always be a fair amount of them left.

[1714754224]

1714754224

[DannyHamilton]

I think that Bitcoins that can never again be in circulation should not be used in the calculation market cap. It would be like measuring today’s Plutonium market cap and also including the amount that has been lost to radioactive decay. I guess though, that inactive Bitcoins (and other cryptocurrencies) would be more of a problem for ranking sites like coinmarketcap than the actual holders.

Market Capitalization is a term that really doesn't apply to commodities such as bitcoin (or gold, or plutonium, or corn).  When was the last time that you saw a serious financial report on gold that referred to gold's "Market Cap" or the "Market Cap" of corn?  People that don't understand the term like to use it to compare bitcoin to a stock, but it isn't a realistic comparison and doesn't have any useful meaning behind it.

[Electra01]

I think that Bitcoins that can never again be in circulation should not be used in the calculation market cap. It would be like measuring today’s Plutonium market cap and also including the amount that has been lost to radioactive decay. I guess though, that inactive Bitcoins (and other cryptocurrencies) would be more of a problem for ranking sites like coinmarketcap than the actual holders.

Market Capitalization is a term that really doesn't apply to commodities such as bitcoin (or gold, or plutonium, or corn).  When was the last time that you saw a serious financial report on gold that referred to gold's "Market Cap" or the "Market Cap" of corn?  People that don't understand the term like to use it to compare bitcoin to a stock, but it isn't a realistic comparison and doesn't have any useful meaning behind it.

Regrettably, I had checked the definition of market capitalization before posting the previous post and then, forgetting to change it, posted it anyway. Yes, it is wrong to apply it to commodities like plutonium. So to rephrase my previous post:

I think that Bitcoins that can never again be in circulation should not be used in the calculation of its total value. It would be like measuring Plutonium’s current total value and also including the amount that has been lost to radioactive decay. I guess though, that inactive Bitcoins (and other cryptocurrencies) would be more of a problem for ranking sites like coinmarketcap than the actual holders.

[beerlover]

Even with 50% of all coins lost, there is still plenty left.
I don't think that bitcoin will ever play a big role in the world as a currency, so a loss of 50% will not be harmful in that perspective.
I think it's more something for enthusiasts and technic interested people. And collectors, one day.
A decrease of available coins will only increase the peoples interest for bitcoins.

I agree with on saying that the bitcoin won’t play a big role in the currency world, and the more bitcoin decreases in quantity the more people will get interested in it because if it gets lower the price gets higher and that is good for us, and in my opinion in the future there maybe a new technology that will allow us to have more bitcoin.

[miningdude]

Even with 50% of all coins lost, there is still plenty left.
I don't think that bitcoin will ever play a big role in the world as a currency, so a loss of 50% will not be harmful in that perspective.
I think it's more something for enthusiasts and technic interested people. And collectors, one day.
A decrease of available coins will only increase the peoples interest for bitcoins.

I agree with on saying that the bitcoin won’t play a big role in the currency world, and the more bitcoin decreases in quantity the more people will get interested in it because if it gets lower the price gets higher and that is good for us, and in my opinion in the future there maybe a new technology that will allow us to have more bitcoin.

lol bitcoins won't fall this year all those troll are sucks.