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NorihiroName
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October 13, 2018, 12:30:08 PM |
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I think that we will experience an enormous bull run of BTCs price and whole crypto in future, because technology is very futuristic and efficient and it is just the beginning of the crypto story, you're right.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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charlemagne_15
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Activity: 357
Merit: 12
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October 13, 2018, 02:31:02 PM |
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If bitcoin will really become rare in our days now then the price of it will surely be increase. It will be a lot of higher than the original price of it. Also, another one bitcoin will be indemand for possesing it and mining it. And many people will be heads over heels for bitcoin because of it rareness. |
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feather7789
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October 13, 2018, 02:49:00 PM |
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It is sad to say that only 4 million coins left to be mine out of 21 million coins but there is happy news that is the price will be increase for sure.
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wahyu5
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October 13, 2018, 02:57:52 PM |
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One factor that makes the price of bitcoin rise is when bitcoin becomes rare , while many people want to have bitcoin. The cause of bitcoin is scarce if most of the bitcoin owners still hold the bitcoin they have. When bitcoin supplies are limited, while the demand for bitcoin continues to increase, it will cause an increase in bitcoin prices.
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ophyrim
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October 13, 2018, 03:10:29 PM |
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This is true there is only 21m bitcoin at the total and in the future one day, there will be very very difficult to have 1 BTC. Maybe even 1 BTC can make you rich or maybe one of the USD millionaires in the world. |
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snatoshi
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October 13, 2018, 04:01:59 PM |
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Also, there are around 29 million digital wallets created till now. A regular user can create 1, 10, 100 or any number of wallets. This represents that only 0.38% of the population or less has created a Bitcoin wallet.
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gokudera
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October 13, 2018, 04:02:37 PM |
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The thing is bitcoin has a minimum amount to be released to the market to retain its profitable value though the price is in a wavy line chart but it is the reason why its rare every bitcoin is limited to an accumulated amount that anyone needs to use it properly. It is limited to a certain number of profitable bitcoin because if the system increases the population of it the value will be lesser as it is now. |
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Corelianer
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October 13, 2018, 04:30:27 PM |
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Bitcoin in the future will cost a lot, due to this property. This is what traditional money has always lacked
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riskarcher
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October 13, 2018, 04:35:16 PM |
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that's why bitcoin is still stable in determining the price of $ 6000, with this price and circulation bitcoin will still be a coin with the highest to hunt. but because so many altcoins make bitcoin the main thing to look for because in the crypto world the competition for bitcoin and altcoin continues to increase
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tikaka
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October 13, 2018, 04:49:56 PM |
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Yes, bitcoin is really rare for us. With limited numbers, I believe in the future with every bitcoin you pay a lot of money so you can own it. So if you are having it at this moment it will surely be a valuable asset in the future. Bitcoins are becoming scarce and it is being exploited day and night. buy it before prices rise too high.
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NH
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October 13, 2018, 04:56:43 PM |
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small portion available in crypto for bitcoin, will increase that price. or maybe people can choice coin to replace bitcoin. but im not sure if someone bitcoin will be replaced. rare because everytime, bitcoin's supply decrease. but its not rare like you cant earn it
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sidebyside
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October 13, 2018, 04:58:03 PM |
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Bitcoin is becoming scarce because it is being exploited to the maximum extent. There are many factories built for bitcoin extraction and distribution worldwide. I found that in some big countries like China they ban bitcoin but bitcoin factories are still working day and night to exploit bitcoin. This is the reason why bitcoin prices continue to increase over time. Bitcoin prices increase with scarcity of it
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necromastery
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October 13, 2018, 04:59:01 PM |
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It is sad to say that only 4 million coins left to be mine out of 21 million coins but there is happy news that is the price will be increase for sure.
It should be, but the current state does not show it will increase dramatically. What makes me curious is how will it be when bitcoin that will be for mined has been exhausted, considering the transaction requires miners to be carried out. |
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Kittygalore
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October 13, 2018, 06:22:31 PM |
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Probably it is. There no other tham thing that will help you generate profit. It is given that it uas good features but I hate the chatacteritistics it has and all so its thing as a whole but then it is school a good thing. It is rare in a way way that as an individual yu cannot do it in an instant, you even cannot do it. |
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happyme1818
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October 14, 2018, 11:31:50 AM |
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The answer is obvious, it is not a rocket science that you need a complicated answer. Bitcoin is very limited, and there are only few Millions left to mine. The only way Bitcoin is going is to go up, open it may decline many times but it will recover after the FUD is over. |
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ocid
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October 14, 2018, 12:08:38 PM |
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If bitcoin will really become rare in our days now then the price of it will surely be increase. It will be a lot of higher than the original price of it. Also, another one bitcoin will be indemand for possesing it and mining it. And many people will be heads over heels for bitcoin because of it rareness. the reduced supply of bitcoin can indeed affect prices to be more expensive, but the activities of people in the market will always exchange the bitcoin they have with cash and vice versa, buying and selling activities will increase so that market price movements are very influential by demand and supply on the market . |
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VadikZimnyayaRezina
Full Member
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Merit: 100
MenaPay - Crypto made easier than cash
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October 14, 2018, 12:19:07 PM |
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I think a little bit more and some global conflict will begin. But before him is the currency of the world to collapse. That's how it was in the last century. And I think can repeat.
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Kaznachej123
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October 14, 2018, 04:44:57 PM |
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yes, when bitcoin becomes rare, then bitcoin prices will be very expensive, bitcoin will be sought by everyone in the world. but the whales will get more advantages.
Hey Cryptohad! Bitcoin BTC is a cool technology that acquired users. It is always better to have the technology built first.  |
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