Is the 21 milion of bitcoin a real limit?

[jeffer8035]

bitcoin is not like fiat currencies, that can be printed without control. they are 21 million and no more.

[uray]

As probably you know more than I do about BTC:
- is it a real limit
- is it a good thing? I think it is but it looks like BTC will become more a commodity and not just a payment system

It is a real limit ,but i am not sure why Satoshi came up with the number of 21 million as the limit,either way that is the limit,with the price of bitcoin rising very fast,it cannot be used as a regular payment system because of the higher transaction fees and hence we can consider it as a store of value.

[zombie6]

Good morning
Reading about bitcoin, I've found that there is a maximum of BTC that can be mined: 21 milions
It is said that this limit is due to the source code.

As probably you know more than I do about BTC:
- is it a real limit
- is it a good thing? I think it is but it looks like BTC will become more a commodity and not just a payment system

What do you think?

In fact, the code contains such a quantity and can not do it any more!

[appleyard]

Good morning
Reading about bitcoin, I've found that there is a maximum of BTC that can be mined: 21 milions
It is said that this limit is due to the source code.

As probably you know more than I do about BTC:
- is it a real limit
- is it a good thing? I think it is but it looks like BTC will become more a commodity and not just a payment system

What do you think?

This is stated many time it is true that there is limit of bitcoin to be mine, that is why they are creating a counter part of bitcoins because of that limitation.

[yanesna3]

Good morning
Reading about bitcoin, I've found that there is a maximum of BTC that can be mined: 21 milions
It is said that this limit is due to the source code.

As probably you know more than I do about BTC:
- is it a real limit
- is it a good thing? I think it is but it looks like BTC will become more a commodity and not just a payment system

What do you think?

If 21 mln – the limit for one miner than I don’t worry. This is enough. Just imagine how much CPU and coolers you need to mine all this amount of money.

[nagatraju]

Good morning
Reading about bitcoin, I've found that there is a maximum of BTC that can be mined: 21 milions
It is said that this limit is due to the source code.

As probably you know more than I do about BTC:
- is it a real limit
- is it a good thing? I think it is but it looks like BTC will become more a commodity and not just a payment system

What do you think?

In fact, the code contains such a quantity and can not do it any more!

I agree...it can't be anymore, because the technology has created so much

[tackyforce]

Yes, bitcoins is only limited to 21 million, but even so the price value of it is unrelated to the amount to the total bitcoins there is, so you can only have 1 bitcoin but may mean you are actually holding $20,000, so no real issue about it having a limit.

[patapon49]

it is thanks to this limit that the bitcoin is worth today almost 20k $ but with the fork it allows to have other "bitcoin"

[Donaldturp]

Good morning
Reading about bitcoin, I've found that there is a maximum of BTC that can be mined: 21 milions
It is said that this limit is due to the source code.

As probably you know more than I do about BTC:
- is it a real limit
- is it a good thing? I think it is but it looks like BTC will become more a commodity and not just a payment system

What do you think?

It's a real limit, but almost 99% of the bitcoins will have mined in next 15 years I think. There was a mathematical calculation about this. This is a good thing in terms of bitcoin price, because the circulating supply won't be enough for the entire world in the future.

[Stanlymaker]

Yes it's true. This is why bitcoin be raised to such heights. The smaller the supply, the greater the demand.

[fanbeila]

Good morning
Reading about bitcoin, I've found that there is a maximum of BTC that can be mined: 21 milions
It is said that this limit is due to the source code.

As probably you know more than I do about BTC:
- is it a real limit
- is it a good thing? I think it is but it looks like BTC will become more a commodity and not just a payment system

What do you think?

Yes,21 million coins is the real limit and it could not be changed.It only ensures bitcoin to be free from inflation unlike paper currencies.People rush to buy bitcoins as 16.5 million coins were already mined and available now.Only 4.5 million coins yet to be mined.Even after 21 million coins get mined and still demand exists,then satoshis could be used since bitcoin is divisible in to eight decimals.

[BingoDog]

Yep, 21million is a limit and it can't be increased. Bitcoin is made/programed that way because of mathematic algorithms and this can't be changed. Not even by forks,like some are saying, this is just an attepmt to justify multiple forks. If the limit is good thing, the time will tell.
I think once we reach the limit, although that wouldn't be that soon, the price will explode and demand could rise rapidly.

[konco_kenthel]

Good morning
Reading about bitcoin, I've found that there is a maximum of BTC that can be mined: 21 milions
It is said that this limit is due to the source code.

As probably you know more than I do about BTC:
- is it a real limit
- is it a good thing? I think it is but it looks like BTC will become more a commodity and not just a payment system

What do you think?

When viewed from the side of the development of bitcoin is very good So there is a big possibility there will be many businesses that accept all forms of transactions by relying bitcoin As long as there is agreement between the seller and the buyer that greatly affect the realization of it.

[grinstring]

At the moment 21M bitcoins is the said limit. Miners wouldn’t be able to mine more than that in the future unless the limit is changed.

[Dexion]

21 million, it is a bitcoin inventory. and every year is reduced. I heard some information that bitcoin will be added by some of the world's major developers and investors.
we do not need to think about bitcoin, because under the bitcoin there is still altcoin that we can make income

[Kakmakr]

Good morning
Reading about bitcoin, I've found that there is a maximum of BTC that can be mined: 21 milions
It is said that this limit is due to the source code.

As probably you know more than I do about BTC:
- is it a real limit
- is it a good thing? I think it is but it looks like BTC will become more a commodity and not just a payment system

What do you think?

This is stated many time it is true that there is limit of bitcoin to be mine, that is why they are creating a counter part of bitcoins because of that limitation.

What? Bitcoin is not limited by this at all. The amount of units <Satoshi> is more than enough and if you want to create more units, then you just need consensus from the people running the full nodes, to run the software with the new changes.

We do not need Counter party tokens to adress any limitations that does not exist. ^lol^

[Tinna25]

yes. it is the max suply of bitcoin. and can not be duplicated or imitated. and since bitcoin becomes the first digital currency then the price is also a reference for all altcoin

[meringueberry]

It is true that the 21 million is the limit. However, come to think about it—getting all those mined will take a very long time. That is why, from now, people are looking into investing.

[BTCwin1]

Good morning
Reading about bitcoin, I've found that there is a maximum of BTC that can be mined: 21 milions
It is said that this limit is due to the source code.

As probably you know more than I do about BTC:
- is it a real limit
- is it a good thing? I think it is but it looks like BTC will become more a commodity and not just a payment system

What do you think?

It is precisely because the total amount must be made public that the price of bitcoin keeps rising, which I think is a good news for bitcoin.

[cue]

I think this is the limit as mentioned in the coinmarketcap and i guess it's better to have this limitation of mining bitcoin because it will give good value in the value.  Once limited cryptocurrencies, i think it means have high value because there's only 21,000,000 on it.