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Author Topic: Is it possible to have bitcoin shortage?  (Read 2983 times)
3acaga
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July 16, 2018, 01:06:52 PM
 #21

After the comma in the number of bitcoins 8 zeros, and I think whatever the demand was not for bitcoin - it will still withstand the tension.
Just the price of a bitcoin unit will all go up - and that's right, we are all just waiting for this;)
armarsterling7
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July 16, 2018, 01:12:03 PM
 #22

I do not think that bitcoin will be enough if the whole people around the world will going to buy bitcoins. There will be too much shortage on bitcoin supply and this will lead also to have an expensive market price for bitcoin. As we all know that there are billions of people around the world and bitcoin supply is only limited. So meaning to say in the near future there will be a shortage for bitcoin supply and thus will lead to create another dominant coin like having ether as one of the possibilities that it will be the next to bitcoin. As of this moment i am seeing this already closely to happen. What do you think?
Actually Bitcoin trading happens every day and everyone can get Bitcoin. The supply will be limited and the price of Bitcoin will be higher. So it can still be split up for many people and we do not worry about that.
ETH will be an altcoin that will allow Cryptocurrency to step up to a new level. They are working very hard and developing smart strategies to attract more capital.

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quocsi
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July 16, 2018, 01:13:12 PM
 #23

Yes, if at the present time you say that everyone in the world wants to own  bitcoin then I think there will be many solutions to help all of us be owned. There may be smaller units than satoshi and prices increase several times

ralph_0608
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July 16, 2018, 01:42:16 PM
 #24

It would not happen that their be a shortage in bitcoin as bitcoin was created fixed there is no other way to add the supply except for the fork that will create another version of bitcoin. if there are lot of investors will buy bitcoin there is no shortage still but the price would spike up even higher and higheras the demand is strong.

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July 16, 2018, 01:50:52 PM
 #25

I do not think that bitcoin will be enough if the whole people around the world will going to buy bitcoins. There will be too much shortage on bitcoin supply and this will lead also to have an expensive market price for bitcoin. As we all know that there are billions of people around the world and bitcoin supply is only limited. So meaning to say in the near future there will be a shortage for bitcoin supply and thus will lead to create another dominant coin like having ether as one of the possibilities that it will be the next to bitcoin. As of this moment i am seeing this already closely to happen. What do you think?

As far as I know, it is possible to have a bitcoin shortage, because bitcoin is stock in our wallet account and did not cycle. So if ever that bitcoin is used by many people around the world so probably it will happen. They say that if bitcoin shortage happen it means the bitcoin price in the market will get higher so we can to sell our bitcoins.

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Mind Control
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July 16, 2018, 02:03:08 PM
 #26

I do not think that bitcoin will be enough if the whole people around the world will going to buy bitcoins. There will be too much shortage on bitcoin supply and this will lead also to have an expensive market price for bitcoin. As we all know that there are billions of people around the world and bitcoin supply is only limited. So meaning to say in the near future there will be a shortage for bitcoin supply and thus will lead to create another dominant coin like having ether as one of the possibilities that it will be the next to bitcoin. As of this moment i am seeing this already closely to happen. What do you think?

The price of Bitcoin could be the one that could cope with the demand for Bitcoin. If the price of Bitcoin is too high, people won't buy more than 1 Bitcoin making the current total supply adequate. However, if ever the supply is not really enough in covering the worldwide usage then a consensus might happen that might implement the increase of the total supply.
Ahimoth
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July 16, 2018, 02:08:28 PM
 #27

After the comma in the number of bitcoins 8 zeros, and I think whatever the demand was not for bitcoin - it will still withstand the tension.
Just the price of a bitcoin unit will all go up - and that's right, we are all just waiting for this;)
Sad to say but it's possible because bitcoin is a market. Well if the demand is so high for sure the supply must be able to comply with it. As of now bitcoin is starting to get popular and one of these days many will get involved with the bitcoin so the supply will run out. I don't want that to happen but it's possible because bitcoin is just a scarce.
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July 16, 2018, 02:16:38 PM
 #28

After the comma in the number of bitcoins 8 zeros, and I think whatever the demand was not for bitcoin - it will still withstand the tension.
Just the price of a bitcoin unit will all go up - and that's right, we are all just waiting for this;)
I definitely don't want that to happen but life is just being fair so sad to say it's possible. Time will really come that we will be having a shortage especially when bitcoin has beenbeen accepted worldwide. If there will be no hoarding and regulated properly then we can avoid that. We only have limited resources so let's use bitcoin properly.

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July 16, 2018, 02:23:15 PM
 #29

Remember bitcoin has limited supply. Shortage maybe is not the right word but maybe increased of demand which will drive the price up. Unless, bitcoin is burned, the supply will remain the same so no shortage just increased usability.
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July 16, 2018, 02:31:19 PM
 #30

There will always be enough around, just at a price...

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July 16, 2018, 02:34:41 PM
 #31

I do not think that bitcoin will be enough if the whole people around the world will going to buy bitcoins. There will be too much shortage on bitcoin supply and this will lead also to have an expensive market price for bitcoin. As we all know that there are billions of people around the world and bitcoin supply is only limited. So meaning to say in the near future there will be a shortage for bitcoin supply and thus will lead to create another dominant coin like having ether as one of the possibilities that it will be the next to bitcoin. As of this moment i am seeing this already closely to happen. What do you think?

You cant have a "shortage" of a digital currency. The price will just rise even in satoshis. This is not some tangible resource where there are specific number of pieces that would create scarcity.
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July 16, 2018, 02:37:05 PM
 #32

I do not think that bitcoin will be enough if the whole people around the world will going to buy bitcoins. There will be too much shortage on bitcoin supply and this will lead also to have an expensive market price for bitcoin. As we all know that there are billions of people around the world and bitcoin supply is only limited. So meaning to say in the near future there will be a shortage for bitcoin supply and thus will lead to create another dominant coin like having ether as one of the possibilities that it will be the next to bitcoin. As of this moment i am seeing this already closely to happen. What do you think?
Dude you need to clear your basics if this is what you think. You will find a number of threads relating to this topic only on the forum. Explore the forum and you'll get answers to your questions. Of course bitcoin can never be short to fulfill any of your demands. This is because of its features of divisibility and that is how only the entire mechanism of crypto market works.
alex_gr_cc
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July 16, 2018, 02:43:44 PM
 #33

Demand always leads to an increase in the price of the asset. This is the law of the market. But I do not think that in the future we will encounter a limited offer of bitcoins. In this case, we have a question of value.

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July 16, 2018, 02:47:53 PM
 #34

obviously that's fine, if everyone in the world likes bitcoin and they want to have it then bitcoin supply will continue to decrease and may be exhausted. then the price will rise high and maybe 1 btc will be $ 100,000 it is not impossible

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July 17, 2018, 06:25:06 AM
 #35

If there will be a bitcoin shortage then the price of bitcoin would be that high and everyone can spend each satoshi for the things that we want to have.

You know that this is one of the beauty of bitcoin, though there are only 21 million supply and there's portion of it that were lost completely you can use it and divide it with decimals.

Like today we are using it with fractions so it won't be a problem if you are thinking there will be a shortage.

yes it is possible to have a shortage in the market. we are informed that when we hold our coins the coins are just stacked In our account, it means that the coins in our account will not cycle or not around in the market. so if all user was only do holding like the situation now, they hold only because the price is low. I think it would have a shortage and the price of bitcoin woyld rise up
I think this is where the others are getting that idea about shortage and what if everyone keeps on holding.

They don't want to see the market gets short with supply, its on their mind that in general everyone has been holding and no one wants to use it but that's wrong.

It's impossible for everyone to keep on holding, there will be a reason for one to spend their BTC on hold. As I've said, everyone can use bitcoin not as a whole but in terms of decimals.

That's not painful in your portfolio if you'll use a bit of it.

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July 17, 2018, 06:44:50 AM
 #36

Bitcoin has limited supply, but it doesn't mean that everyone can't own a part. Bitcoin has 8 decimals, so every people can also own 0.0003 btc each, no problem with that.
21000000/8000000000 = 0.0026 . This is the avarage bitcoin quantity a people would have if btc will be equally distributed. If you own 50$ in btc right now, i bet that in 20 years you will be super rich Smiley

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July 17, 2018, 07:19:02 AM
 #37

For traders used to seeing arbitrage plays vanish within seconds, bitcoin futures’ rise back to more than $1,300 above the spot price a full day after their debut is another testament to the cryptocurrency’s unconventional evolution.
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July 18, 2018, 09:24:55 PM
 #38

still now this kinds of situation doesn't happen, and hopefully it will not happen in the future as well the inventor of bitcoin already have enough supply for the whole world, everyone can easily trade in here without any storage , otherwise ever week the stock are increasing so If the popularity increasing there is nothing to worry about
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July 18, 2018, 09:31:32 PM
 #39

For me yes, if bicoin will be acceptable to all countries and many want to own or have bitcoin. But for now its not happening, hope so the shortage will not happen.
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July 18, 2018, 10:02:48 PM
 #40

I think thats good because the higher the demand when the little stock will make the price of bitcoin more expensive and and the concept of bitcoin will continue to spin there who sell and there are buyers
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