rodel caling
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June 16, 2018, 01:18:54 PM |
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The number of bitcoin is only 21 million, is that enough for the future? given the vision of bitcoin to become world currency?
what do you think of this?
I think not enough, i believe have an alternative solution how to increase the bitcoin limit of 21 million mine by the miners, why i strongly believe have solution to increase bitcoin mining in the future because the new technology and the genius in the computer science continue to research how to increase bitcoin mining in the future.
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LyQaN
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June 16, 2018, 01:27:04 PM |
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yes,for near future for very long term might be not as the value bitcoin posses is high and one coin will also have quite high value and there is no way that if bitcoin become official currency there want be any circulation of it and people will only save , flow will be there and its going to get spend ,so for future is enough for far future lets say as after 200 years it might not,,but that is too much time to be considered now
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nicolaz.zhu
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June 16, 2018, 01:35:38 PM |
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I think it is not enough if there are only 21 million bitcoin in this world, moreover in added more and more people are interested in bitcoin, the income will be more and the more diminishing the storage, if it can be multiply about 50 million bitcoin.
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Argoo
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June 16, 2018, 01:53:38 PM |
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The number of bitcoin is only 21 million, is that enough for the future? given the vision of bitcoin to become world currency?
what do you think of this?
Everything in this world is relative. Those who want to have more bitcoins will buy at a higher price. Those who do not want to have bitcoins will be satisfied with more perfect and cheaper coins, which will soon be very much. I think that soon bitcoin will not have practical, but more numismatic value.
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Rossy Akbar
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June 16, 2018, 02:02:54 PM |
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It's definitely enough I think even there are so many new bounty has came to pay bitcoiners using btc for their works. Well, it's also there are so many another coins that we can use as a payment tools.
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crossabdd
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June 16, 2018, 02:36:45 PM |
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threads are very interesting guys, I also think the total supply of 21jt for the future of world currencies. that's very unlikely. because the velocity of money in the world is very large. there is a positive effect when bitcoin becomes an asset and not a currency. so it's like an old-fashioned and rare item. and only the collector has this. I would argue bitcoin will not be a currency, but forever be a commodity asset.
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coinnumber
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July 01, 2018, 12:43:54 PM |
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The total supply of bitcoin is very ok and encouraging but I don't believe bitcoin will ever be used totally just like fiat currencies, rather it will only be accepted as a means of payment. For bitcoin to become world currency is not an easy task because even we members here in Bitcointalk community don't talk good about bitcoin which has made many to think that cryptocurrency in general is a scam, I think is high time we change the way we talk negatively about bitcoin for the betterment and growth of the community.
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semutracing
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July 01, 2018, 01:10:54 PM |
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the quantity of bitcoin for 21m bitcoin is at most enough to circulate around the world. but to be a world currency, I think it will not happen. and do not worry about the last bitcoin to be mined because I'm sure that if that happens, we're all dead and the most beneficial are the newborn who are fortunate to see how the big crypto currency of that time
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Babyfaceless
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July 01, 2018, 02:51:55 PM |
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is it enough of what? bitcoin will increase and increasing it. it has a no ended bitcoin will need it more investor to become number one crypto currency in the world no one can stop like ETH XRP etc.. and anything in top 100 list bitcoin is the trusted and there will have an increase in the demand investor will wait for lower price and they will buy is it enough because bitcoin will increase buy soon.
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burakdat
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July 01, 2018, 03:00:45 PM |
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No, well there are many crypto now in the market and this could be use as to compromise the number of demands from the people who will join cryptocurrency. We had ether that has a good coin supply in the market and it could be enough to cater the demand from the people who wishes to invest in cryptocurrency. Aside from that there are other crypto and you can choose whatever you want.
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edjames
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July 01, 2018, 09:13:19 PM |
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The number of bitcoin is only 21 million, is that enough for the future? given the vision of bitcoin to become world currency?
what do you think of this?
Yes, it will be enough, given that 1 BTC can be broken down into much smaller denominations. Also, only a percentage of the population will ever use it, so it's not as if everyone on the planet needs to own BTC.
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RockBar0
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July 01, 2018, 09:25:12 PM |
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No, well there are many crypto now in the market and this could be use as to compromise the number of demands from the people who will join cryptocurrency. We had ether that has a good coin supply in the market and it could be enough to cater the demand from the people who wishes to invest in cryptocurrency. Aside from that there are other crypto and you can choose whatever you want.
The cryptocurrency market is receiving a lot of attention from the investment community, so more and more crypto projects are being created to attract investment. But investors should have clear requirements to test good projects because if they choose projects without potential or fraud, the risk of loss is very large.
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kidamazo
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July 01, 2018, 09:46:07 PM |
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The number of bitcoin is only 21 million, is that enough for the future? given the vision of bitcoin to become world currency?
what do you think of this?
If to see the situation about cash for example Dollar. It has banknote of amount 100, and it is enough for the whole world to make shopping and other things. Bitcoin has the amount of 21 million. It is not necessary to make more.
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Pasaway2701
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July 01, 2018, 10:14:48 PM |
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It's definitely enough I think even there are so many new bounty has came to pay bitcoiners using btc for their works. Well, it's also there are so many another coins that we can use as a payment tools.
It is enough yo change the price in the market because of many number of people interested to have bitcoin but with this limit of coins, projects can make more alternatives to pay people with their coins. I think it is enough to help the market to be fair and those who keep bitcoin can be benefited by this limited supply.
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Dear GOD/GODS and/or MEMBERS OF SUPER-INTELLIGENT ALIEN CIVILIZATIONS: Please let CHAUL JHIN KIM win the NEW ZEALAND POWERBALL JACKPOT. He will use the money to set up his own RESEARCH LAB and find the CURES for CANCER and AGING! He will release the CURES into the PUBLIC DOMAIN! (a la Jonas Salk) EVERYONE regardless of wealth will no longer need to SUFFER! CHILDHOOD CANCER will also be HISTORY! Thank you! - A Faithful Believer. P.S. If anyone is reading this then please pray with me!
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Lorin
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July 01, 2018, 10:39:10 PM |
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For being volatile of bitcoin i think 21 million is enough. As time pass by it can be more bigger and bigger because the price of it may increase. There are times that the value may lower but its not forever and also the number who use bitcoin will increase and more investor will invest.
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KrakenZ
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July 01, 2018, 10:45:07 PM |
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If bitcoin wants to pursue its goals and aspirations to become a legitimate currency used for payment then the amount of 21 million bitcoins can not suffice for worldwide transactions. Bitcoin should make even more in quantity. But, it also needs to be balanced with the latest technological developments so that bitcoin is not less competitive with altcoin so that in transactions bitcoin can be more free and without obstacles. Maybe, that's my bit of advice. Hopefully, as soon as bitcoin can determine the next step.
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khaled0111
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July 01, 2018, 10:50:11 PM |
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There will be only 21 million BTCs and don't forget that many of them are lost forever because their owners lost their private key and there is no way to recover them. I think it is more than enough since it can be divided to 18 (Satoshies). The price will rise whenever there is more demand.
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kingkonjac
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July 01, 2018, 11:08:50 PM |
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It is enough in my opinion because if we would need more and more btc`s there always is an option of a btc work which in those days can be used as cents are now and btc as dollar for example
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zarintasnim
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July 01, 2018, 11:50:07 PM |
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I think it is enough for the future.To make good future need good price. low supply is the also reason of good price. if have no price they have no future. So 21 million bitcoin is the perfect for the bitcoin user.
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maxreish
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July 02, 2018, 12:35:38 AM |
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I also asked myself about that. If there are 21 million bitcoin, is it really enough? Seeing more and more people are very curious and joining the crypto world, getting their luck and mine bitcoin, too. But then, this 21 million bitcoin makes it more special. It makes the bitcoin more interesting and challenging.
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