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Author Topic: what will the value of bitcoin be if the circulating supply gets to Zero  (Read 461 times)
tosindesign (OP)
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March 26, 2018, 01:59:18 PM
 #1

if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?
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March 26, 2018, 03:08:54 PM
 #2

if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?

Well, if demand continues going up while supply becomes 0, it depends on why the supply stopped. If miners stop mining, there are likely bigger problems that are affecting Bitcoin as a whole. Bitcoin is designed to run out of supply around 2140, but that's a way off. Theoretically, if demand increased without any supply, price would go up.

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50ouncebrew
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March 26, 2018, 03:18:27 PM
 #3

If the supply of bitcoin halts completely this means demand will surpass supply and then the price will shoot up because people need it but there isn't enough to go around so people who have bitcoins will hold on to them more tightly which will easily drive the price and the value up very high. Simply put, if circulating supply goes to zero, then the price increases.



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jseverson
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March 26, 2018, 03:20:56 PM
 #4

No one has really been able to precisely quantify the relationship between supply and demand (which is hard to quantify itself) in Bitcoin, so it would be impossible to estimate how much the price might be.

In terms of movement, if you think about it logically, the price would likely be stuck to how much the last purchase was for, assuming supply were at exactly zero. People can't enter a bidding war if they have nothing to bid on after all. I imagine the price would skyrocket should some enter the market suddenly though.

That being said, this scenario is probably close to impossible.

nidacoinlove
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March 26, 2018, 03:42:59 PM
 #5

Till there is a demand for Bitcoin there will be supply for it. No one is going to hold it without a reason. Till date I am sorry to say but this is a harsh truth that we don't have a prominent use of bitcoin as a currency. Everyone (mostly) here is holding bitcoin for the purpose to sell it back when it's price goes up. Now the price target of every individual is a personal choice, no one knows about the highest but at a certain price bitcoin has to be sold and this is how the whole circle works.
I am afraid if it goes like this, bitcoin without a solid use; it's reputation could be damaged lasting to a zero demand for it. I think the bitcoin community should be more curious about it's use as a currency more than what price it gains. Once we see a good use of it then everyone knows that it's price is unstoppable.  
keycellko
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March 26, 2018, 03:56:27 PM
 #6

Following the law of supply and demand, if circulating supply of bitcoin becomes zero which is very impossible, say miners already mined the last btc or maybe miners stop mining, and people just holds bitcoin and noone who owns it ever sell, so the demand for it went so up, the valye will sky rocket, say $100,000-200,000 tops.
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March 26, 2018, 04:01:09 PM
 #7

Circulating supply is all of the coins that are currently in circulation, this is different to market supply which is people who are willing and able to sell coins at a certain price. Circulating supply of bitcoin cannot reach 0 but market supply can. If it did then presuming there was an infinite level of market demand then the price would increase until someone had the willingness to sell.

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March 26, 2018, 04:08:02 PM
 #8

The price will increase as crazy, and continue to increase and increase until someone will temp to release some of his bitcoin point that he keeps with him for a long time.

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March 26, 2018, 04:12:54 PM
 #9

You are talking about scenarios that simply aren't going to happen. There are 21 million bitcoins that will ever exist and theres going to be at least few million bitcoins that are going to be in circulation any time, either on exchanges or being used for purchasing something.
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March 26, 2018, 04:15:26 PM
 #10

Will depend on the reason why it stopped
djsugar
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March 26, 2018, 04:18:14 PM
 #11

I strongly feel that such a scenario would never arise. As long as there is demand, supply will be there. Miners are doing their job in mining bitcoin while the buyers are shelling out money to buy bitcoin. People still consider BTC a safer investment compared to ALTs.
If, by any means, the supply becomes zero, then price will definitely increase since people would look forward to buy it while it would only be available with the users already holding it.
But, like I mentioned earlier, the scenario you mentioned doesn't look possible at all.
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March 26, 2018, 04:21:23 PM
 #12

This issue is still too early to rise, since all the bitcoins will be able to obtain only by the end of 2041, the price of electricity is regulated by the authorities of each country and therefore in any way at the moment there will be no value equal to 0
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March 26, 2018, 04:23:32 PM
 #13

if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?

This question is a very futuristic scenario. But as we all know that the lesser the supply the higher the demand it is.
Surely the price of it would increase but its really impossible for the bitcoin holders to just keep it without selling it.
As we all know that a lot of people just keep hodling just to increase it worth. If ever that time comes theres should still be selling and also buyer who would go through just to bought. But to say that theres should be a zero circulation, i think that it would not happen because bitcoin wont get old or be destroyed.

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March 26, 2018, 04:28:17 PM
 #14

if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?

Well, if demand continues going up while supply becomes 0, it depends on why the supply stopped. If miners stop mining, there are likely bigger problems that are affecting Bitcoin as a whole. Bitcoin is designed to run out of supply around 2140, but that's a way off. Theoretically, if demand increased without any supply, price would go up.

If supply becomes zero, then miners will only profit form transaction fees. Now they profit from bitcoins that come with new block + transaction fees. So I guess that transcation fees will be higher.

And for demand... When demand starts growing then Bitcoin price will increase. That is simple market law.
That could mean that people will trade in smaller fractions of Bitcoin.

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March 26, 2018, 04:45:31 PM
 #15

if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?
if the supply of bitcoin becomes zero, the possibility of bitcoin price will increase, people must be competing to get bitcoin. but as we know, there are a lot of big players in the field of cryptocurrency, so big businessmen can easily spend big capital to drop the rising bitcoin price by putting a low price in nominal so large that it can affect market price movements.
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March 26, 2018, 04:49:57 PM
 #16

if there is more  non stop demand of bitcoin continue after the market correction  , the  circulating supply will tend to zero.  and the price will go up . what might be the price . will the price be fixed or increase or decrease?
Infinity is the exact answer for this,but there is no exact value for that infinite and this is impossible to happen too,If the circulating supply decrezes the price will get increases.

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March 26, 2018, 05:39:20 PM
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If the supply gets to zero means there will be no circulation of BTC in he market, if the demand remains constant or increases, the value and the price will be increase up to some ;limit where it will remain constant
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March 26, 2018, 05:51:41 PM
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If the supply gets to zero means there will be no circulation of BTC in he market, if the demand remains constant or increases, the value and the price will be increased up to some limit where it will remain constant
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March 26, 2018, 05:55:21 PM
 #19

Circulating supply cannot decrease so this is a moot question. If it did decrease to zero then there would be no price because there would be no trades happening. Rare alien brains from planet Zyon don't have a price and the reason is because there's no supply of them. IF there was I'm sure they'd fetch a pretty penny.

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March 27, 2018, 08:37:06 PM
 #20

Isn't the answer obvious? If there is zero circulating supply, then there is obviously zero interest in Bitcoin, hence the value will be zero, or close to it (in the case of novelty value). I think this scenario isn't likely to happen for a long time, at least until the SHA-256 encryption is eventually cracked, however by that point it would have probably forked to another algorithm to resist quantum computers.

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