dothebeats
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Cashback 15%
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February 11, 2018, 08:51:54 PM |
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I think about Bitcoin, and this is just my meaning.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
Theoretically, if all bitcoins were mined by 2140, its value would be high causing miners to still receive significant incentives even with just the tx fees. However, that is entirely an assumed scenario since we still don't know whether there'd be some major changes along the way for bitcoin and most especially its existence since most of the world's government are trying to regulate it in order to lessen its effects on people's way of thinking about money. The price would be high if there's a great demand on par with a diminishing supply, and that is basic economics. Everything are pure guesses at this point as to what will happen in the future, though most are inclined to think that bitcoin still remains, and that everyone and their mothers are using it causing a massive price jump. |
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Jet Cash
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https://JetCash.com
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February 11, 2018, 08:52:48 PM |
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21 million is the limit of bitcoin but already 80 percent bitcoin is in circulation
The volume is actually much smaller, as far as I know, in the crypto market only about 16 million bitcoins are in circulation. That's a very small amount, so bitcoin is scarce so you can understand why bitcoins are so valuable. They aren't all in circulation. A lot are locked in long term holding wallets. I think you guys have to move on from thoughts of Bitcoin as a payment system. There are better coins being created. Bitcoin is becoming a store of wealth, and it is perfect for that. |
Offgrid campers allow you to enjoy life and preserve your health and wealth. Save old Cars - my project to save old cars from scrapage schemes, and to reduce the sale of new cars. My new Bitcoin transfer address is - bc1q9gtz8e40en6glgxwk4eujuau2fk5wxrprs6fys |
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CryptoClown
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February 11, 2018, 08:53:40 PM |
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I think about Bitcoin, and this is just my meaning.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
As far as I know it's not 16M of BTC are in circulation as some of them are already lost, like they mined years ago and forgot about it or forgot about the private keys so what's in circulation today is less than the assumed amount. If there will be less BTC in the future and the demand is still high like what we are experiencing now, there's no doubt that its value will rise up but if there is no demand which I hope won't happen, other altcoins will eventually take over BTC in my opinion. |
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Coin-1
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February 11, 2018, 09:31:59 PM |
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21 million is the limit of bitcoin but already 80 percent bitcoin is in circulation
The volume is actually much smaller, as far as I know, in the crypto market only about 16 million bitcoins are in circulation. That's a very small amount, so bitcoin is scarce so you can understand why bitcoins are so valuable. They aren't all in circulation. A lot are locked in long term holding wallets. I think you guys have to move on from thoughts of Bitcoin as a payment system. There are better coins being created. Bitcoin is becoming a store of wealth, and it is perfect for that. Yes, a lot of bitcoins are in a "cold" wallets, not on the crypto exchange markets. About 1 million BTC which were mined in the earliest times seems to be lost. CoinMarketCap show us that about 6.4 billion USD in circulation. Now 1 BTC = 8300 USD, therefore 770000 bitcoins are on the crypto exchange markets. |
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Kokondao
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February 12, 2018, 12:09:53 AM |
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The very limited number of bitcoin, 21 million bitcoin, is very influential with the rise in bitcoin prices, but the current rise and fall in bitcoin prices are a lot of bubbles, because of the nature of the cryptocurrency money, but it does not matter to me to always invest in bitcoin, because bubbles are a natural thing in cryptocurrency
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BitcoinCasinoFinder.com
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Merit: 1
Your GateWay to Bitcoin Gambling Greatness
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February 12, 2018, 01:41:36 AM |
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21 million is the limit of bitcoin but already 80 percent bitcoin is in circulation
The volume is actually much smaller, as far as I know, in the crypto market only about 16 million bitcoins are in circulation. That's a very small amount, so bitcoin is scarce so you can understand why bitcoins are so valuable. They aren't all in circulation. A lot are locked in long-term holding wallets. I think you guys have to move on from thoughts of Bitcoin as a payment system. There are better coins being created. Bitcoin is becoming a store of wealth, and it is perfect for that. I understand where you're coming from and since Bitcoin's value is partly high, it is a good investment. But, what are your thoughts about Bitcoin's origin that it was developed as a payment method, particularly to steer away from governments and banks right? Are altcoins supposed to take that place instead? |
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roadwell890
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February 12, 2018, 01:49:26 AM |
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this limitation is the advantage of a coin
the inverse will prefer BTC if the total supply is fixed and no coins will be produced again
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levvv
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February 12, 2018, 01:52:07 AM |
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that is one of the reason why bitcoin price is increasing over time.
the limited supply and more demands causing increase in price.
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Bitcoinislife09
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Activity: 1028
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Diamond Hands 💎HODL
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February 12, 2018, 02:01:02 AM |
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I think about Bitcoin, and this is just my meaning.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
Not at all we all have the mindset of rue bitcon is already at his limit and bitcoin will go down on its price but we all know that bitcoin and like just market or stock market every thing has a era and the price will go up in every 5 years so absolutely that price pf bitcoin will go and pump again in rue comng months or years. |
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arhanklc
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February 12, 2018, 02:12:45 AM |
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Bitcoin has no limit.Nobody can quees what price it will become .
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aardvark15
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February 12, 2018, 02:32:37 AM |
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I think about Bitcoin, and this is just my meaning.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
The limit of 21 million Bitcoins means that it is deflationary as opposed to fiat currencies that are inflationary. Fiat currencies drop invalue over time because governments can continue to print money. So as long as there is demand for Bitcoin, the price should theoretically continue to increase as compared to fiat currencies. This was done by design by the creators of Bitcoin. |
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Nexjr14
Newbie
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Activity: 216
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February 12, 2018, 02:55:49 AM |
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I think about Bitcoin, and this is just my meaning.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
Yes, I've heard the news. It's a strategy or not, I do not care. I just did was add a bitcoin in my wallet. So, when bitcoin stocks are a bit, my bitcoin price goes up. |
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irsada
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February 12, 2018, 03:16:19 AM |
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already in the make sure the goods that can not be made anymore will be more valuable with the goods that can still be in production.
so is the bitcoin when it can not be mining anymore I believe the bitcoin price will be higher and will never decrease again.
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hadveach
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February 12, 2018, 03:40:48 AM |
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yes, but before that bitcoin must be able to deal with this natural correction, and by decreasing the supply of bitcoin, it will make the bitcoin price rise and higher. and we'll see bitcoin start up this year. now we just wait just wait the natural correction ends, and after that bitcoin will be to the moon.
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pandanpanda
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February 12, 2018, 04:00:54 AM |
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I think about Bitcoin, and this is just my meaning.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
If you know, there are only 21 million total Bitcoin that can be mined. Once the miners have opened Bitcoin a lot, the supply will be exhausted, let alone the Bitcoin protocol changed to get a bigger supply. Well, the question is, what will happen when global Bitcoin supply reaches its limit |
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carlisle1
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February 12, 2018, 04:08:34 AM |
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I think about Bitcoin, and this is just my meaning.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
digging bitcoin nearly comes to extinction thats why the price is continuously growing and not to mentioned this is the first cryptocoin this is the reason he is more loved and many new comers want to be part of bitcoin revolutions..and the price will again grow if we reached the 21 millions counts because only market will tell were to get the valuable coin |
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hinpoc.hin
Newbie
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February 12, 2018, 04:09:33 AM |
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bitcoin has a low supply coin.
it is expected to increase on its price due the limited supply and more demands.
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GeorgiyBilyk
Member
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Activity: 378
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February 15, 2018, 08:46:01 PM |
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bitcoin is the main currency for which everything is traded! Bitcoin will never fall in price! I am sure that we will soon see the cost of bitcoin at $ 100,000! And it will come soon!)) With our technology, we certainly will give 21 million already in the near future, but I am sure that this will not affect the price of bitcoin in any way!
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btcprospecter
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★777Coin.com★ Fun BTC Casino!
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February 15, 2018, 09:09:55 PM |
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Bitcoin does not need to be increased and in reality it is less than 21 million with the amount that has been lost over the years for various reasons.
All crypto currency is based on the price of bitcoin when bitcoin decreases in value so does pretty much everything else. Also it is going to be a long time until all the bitcoins are mined.
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Agent99
Member
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February 15, 2018, 09:11:50 PM |
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I think about Bitcoin, and this is just my meaning.
As you know Bitcoin is limit. Total of Bitcoin is 21 million, we have dug nearly 16.8 million Bitcoin. Neither founder can not create more Bitcoin. Is this the reason for raising Bitcoin price high and it's also cause for Bitcoin price reduction when we have nearly reached 21 million.
1-Btc is trusted cryptocurrency 2-btc will rise for it is limitiaon and popularity But has some chalenges: 1-high amount of deep 2-low speed of transactions |
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