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Author Topic: Bitcoin supply and demand.  (Read 1612 times)
Kulafu (OP)
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February 04, 2018, 05:39:24 PM
Last edit: February 06, 2018, 04:50:56 AM by Kulafu
 #21

for those who are still doubtful and afraid, they will be left behind as the train has gone far. because the virtual currency is moving very fast.
I think of course the fewer the remaining supply makes the price higher, so it's best to ignore the issue that says bitcoin prices will fall and die.
it should, technology will never die, right?

We gonna wait for a few weeks or a month btc price will hike again. Few year from now btc will be so expensive that ordinary traders could not afford anymore.

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February 04, 2018, 05:43:56 PM
 #22

for those who are still doubtful and afraid, they will be left behind as the train has gone far. because the virtual currency is moving very fast.
I think of course the fewer the remaining supply makes the price higher, so it's best to ignore the issue that says bitcoin prices will fall and die.
it should, technology will never die, right?

I got a hope last night but today again bitcoin and all cryptocurrencies started dumping in the market. I really keen to see the bitcoin price back to 15k or 18k. Since I have holded the bitcoins for long time. It hurts me with the biggest price change buddy.

Actually supply seems down in all the coins. If they go further to more fund we can have hope to see the bitcoin reach the value I expected.
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February 09, 2018, 03:34:56 AM
 #23

For those worried BTC might not go much higher. There was news circulating in social media about 80% of the total 21 million supplies have been mined and are in circulating in the market plus those are in idles. There are basically less than 5 million btc need to be mined...no need a racket science.. Supply and demand, bitcoin prices will soar high.

The decrease of bitcoin supply due to the many mining activities about 80% of the total amount of bitcoin is about 21 million available. I think this will cause a drop in supply of the number of bitcoin in the world. And I think with the reduced Supply bitcoin available will be very useful for people who store bitcoin. Of course the bitcoin price will rise again quite significantly because it is caused by the many requests for bitcoin.
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February 09, 2018, 03:41:44 AM
 #24

For those worried BTC might not go much higher. There was news circulating in social media about 80% of the total 21 million supplies have been mined and are in circulating in the market plus those are in idles. There are basically less than 5 million btc need to be mined...no need a racket science.. Supply and demand, bitcoin prices will soar high.


There is enough supply for Bitcoin in the market. Not every user has higher than 3 bitcoin I think. Also, the price of the Bitcoin is making sure that people who have it will sell if the price go up and buy when it goes down. The supply is just going round and having a cycle. No need to worry about the price because it will go up again.

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February 09, 2018, 03:45:12 AM
 #25

For those worried BTC might not go much higher. There was news circulating in social media about 80% of the total 21 million supplies have been mined and are in circulating in the market plus those are in idles. There are basically less than 5 million btc need to be mined...no need a racket science.. Supply and demand, bitcoin prices will soar high.


Even though it might be a good news, can you prove the legitimacy of this news? I wanted to check if it is true or just a hype. If it is true, will accumulate more Bitcoin and hold for the future. I don't want to get on the hype and regret later so I wanted to vheck the news.
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February 09, 2018, 03:47:20 AM
 #26

Unlike fiat, the underlying accountability, honesty and truth of Bitcoin remains strong and resilient to attack.
Bitcoin evolves and becomes stronger, it is indeed the "internet" of money.
Kulafu (OP)
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February 14, 2018, 04:58:44 AM
 #27



Even though it might be a good news, can you prove the legitimacy of this news? I wanted to check if it is true or just a hype. If it is true, will accumulate more Bitcoin and hold for the future. I don't want to get on the hype and regret later so I wanted to vheck the news.
[/quote]

Hi dude,
Please check on this link https://www.ndtv.com/business/bitcoin-prices-to-zoom-further-only-20-cryptocurrency-coins-left-to-be-mined-1800099

I guess there are huge amount of btc on idle, which cannot be retrieve anymore.  It could possible that some of BTC's owners are already on the grave.

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February 14, 2018, 05:24:08 AM
 #28

Bitcoin supply and demand is the the back bones of price of bitcoin.
Supply: As supply of bitcoin in market increased then price will automatically go down.
Demand: As Demand of bitcoin in market increased then price automatically go rise.
These are the two factors which are affecting price of bitcoin.
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September 02, 2018, 01:19:20 PM
 #29

But this information is not 100%, it can be a rumor, but maybe someone rashly merged the information, and this is really so. I'm still convinced that this is possible. But bitcoin shows all of us what the future is for him, and that this is a completely different kind of technology.
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September 02, 2018, 01:27:21 PM
 #30

it is funny to see how shallow some people think of bitcoin and the market and think just because they have seen some irrelevant data  then the price should go up. it is basically them wishing for it and then trying so hard for finding some reason to satisfy their mind about it being true.
there is others opposite of OP who are trying so hard to come up with reasons for drop and justify it for themselves with those irrelevant reasons.

There is a FOMO brewing...
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September 02, 2018, 01:32:28 PM
 #31

I also think that bitcoin will only grow with time and it is quite possible that we will see a price of 1 million for bitcoin

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September 03, 2018, 11:12:44 AM
 #32

For those worried BTC might not go much higher. There was news circulating in social media about 80% of the total 21 million supplies have been mined and are in circulating in the market plus those are in idles. There are basically less than 5 million btc need to be mined...no need a racket science.. Supply and demand, bitcoin prices will soar high.


You should rephrase the OP because at the first place the circulating supply is not a news but it's more than a fact and I'm surprised that you just know that. So maybe if all of us know this, everyone will hold their coins as long as they could because of the anticipation. However, last bitcoin will be mine by 2140 and it's actually a long way for us and many can still happen like regulations that might affect the price.

So again, I know some are skeptical yet we should still know when to take profit. Just to be sure.

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September 03, 2018, 11:24:46 AM
 #33

Without a doubt, in the event that you take a gander at the aggregate sum of bitcoin and the lost bitcoin, I figure it will in any case go up, yet the transient bear showcase has come
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September 04, 2018, 10:29:45 PM
 #34

Markets are showing some good signs. Maybe a bull market soon?
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September 04, 2018, 10:57:39 PM
 #35

it is funny to see how shallow some people think of bitcoin and the market and think just because they have seen some irrelevant data  then the price should go up. it is basically them wishing for it and then trying so hard for finding some reason to satisfy their mind about it being true.
there is others opposite of OP who are trying so hard to come up with reasons for drop and justify it for themselves with those irrelevant reasons.

yep.
too many people of the FIAT market that think "share" prices only move due to the "shares" corporation making a dramatacal announcement to media.

they dont see there are things that are functional and cost based behind the price that can make a price poing supported. and that the dramatical announcements are just speculation that are not sustainable.

EG how the drama of "segwitx1 locked segwit2x REKT" mid november caused the spike and correction of november-february

yet things like ongoing mining costs has caused the more stable and sustainable rise from pennies to $thousands over the last 9 years.

bitcoin wont go to zero because too many bought it for more than zero and wont sell for a penny. and miners have a cost of $thousands per btc so wont sell for less.

if the price went down below "value" then people will buy it at discount to bring it back up

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September 04, 2018, 11:04:18 PM
 #36

that's true news, bitcoin supplies are only 21 million bitcoins, and until today there are only 4 million bitcoin left, and are predicted to run out in 2024 or 2025.

Bitcoin's demand will always increase every time, while inventory will be small, if bitcoin becomes little or rare, and demand is high, then the bitcoin market will go to the moon.

we just wait for the rising, so don't panic, don't worry.
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September 04, 2018, 11:19:16 PM
 #37

When Bitcoin reaches the limit of exploitation, this will cause its price to improve. Indeed, when the demand for Bitcoin is high, the low supply will increase the competitiveness and push the price of Bitcoin higher. This would be very beneficial, at least for us - Bitcoin makers.
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September 04, 2018, 11:23:14 PM
 #38

that's true news, bitcoin supplies are only 21 million bitcoins, and until today there are only 4 million bitcoin left, and are predicted to run out in 2024 or 2025.

Bitcoin's demand will always increase every time, while inventory will be small, if bitcoin becomes little or rare, and demand is high, then the bitcoin market will go to the moon.

we just wait for the rising, so don't panic, don't worry.
According to the limitations a small amount is left when compared with the entire volume of bitcoin into circulation. As days pass, the demand for bitcoin keeps growing helping with the growth in value of bitcoin as the supply keeps falling low with the massive adoption.

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September 04, 2018, 11:34:55 PM
 #39

For those worried BTC might not go much higher. There was news circulating in social media about 80% of the total 21 million supplies have been mined and are in circulating in the market plus those are in idles. There are basically less than 5 million btc need to be mined...no need a racket science.. Supply and demand, bitcoin prices will soar high.


Even when worded in a funny way, you are right.

Of course, that won't happen overnight it will be slow during the next years but the outcome is pretty obvious if we look closely. It's price will increase over time.

Also if it stabilized in the future which is totally possible as soon as it gets more valuable and because of that attracts more and more advertising it can be a wonderful currency for everyday transactions also.
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September 05, 2018, 12:06:12 AM
 #40

in the economy system the demand and supply is the key of the price of something, also in bitcoin demand and suppy is affect the bitcoin price, if the demand is high and the supply is low the price of bitcoin automatically increasing more and more and  when the demand is low, and supply is high the price of bitcoin is drop

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