|
Reid
|
 |
July 18, 2018, 10:08:00 PM |
|
There is actually no need for other coins. That is why we have mBtc and satoshis.
We can now use it like millions of coins which is seen with altcoins. Imagine if 1 satoshi gains a larger value, then how can you even spend a bitcoin in just a day?
This vould happen only if we all make it as valuable as it should be. You see, this alts could divide the investment which should have been for bitcoin for more demands to come in.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
jhon_21
Newbie
 Offline
Activity: 146
Merit: 0
|
|
July 18, 2018, 10:17:23 PM |
|
Yes it's true but based on this there are some limitations but when we mine for coins new coins came in the market also in case of ether they are doing great I think because they are taking lots of good initiatives based on this.
|
|
|
|
|
phosphine
Newbie
Offline
Activity: 45
Merit: 0
|
|
July 18, 2018, 10:47:58 PM |
|
The request will be high at that point and cost will go up, when there is request there is always ready to purchase at high cost. no compelling reason to purchase an entire bicoin purchaser can simply purchase a segment of it additionally called satoshi.
|
|
|
|
|
denisaardelean
Member
Offline
Activity: 322
Merit: 10
|
|
July 18, 2018, 10:55:11 PM |
|
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?
Exactly so, I think bitcoin is not enough for the whole world to use, which means that bitcoin will not be the same currency of the whole world as USD. I think bitcoin is just a coin intermediate so we can trade between bitcoin and altcoin and USD, the market is constantly fluctuating so I think the bitcoin price will be further boosted. |
|
|
|
|
Nhor1011
Member
Offline
Activity: 994
Merit: 11
Daxetoken.net
|
|
July 18, 2018, 11:00:04 PM |
|
Yes it is possible to have a bitcoin shortage because of it's limited supply. This shortage will make bitcoin more valuable. The price of one bitcoin will very expensive if that time happen. Ofcourse there are other coins rising but it will not surpass bitcoin in terms of value and demand. As time goes by we can see the value of bitcoin going to the moon very high.
|
|
|
|
|
ZainSpider
|
|
July 18, 2018, 11:07:42 PM |
|
I can possible only if the sellers deny selling it. The price will also spike then.  |
|
|
|
BitCoinGuy10
Newbie
Offline
Activity: 188
Merit: 0
|
|
July 18, 2018, 11:32:38 PM |
|
When people hold BTC, they think of making profit from it. And for this there is always an equilibrium between supply and demand of BTC so that the market goes beyond control. When more people will demand for BTC, price will go up and some of the holders will go for sale. Thus one party will demand for buying BTC and another party will release it to the market at higher price. So, chances of shortage of BTC is very low.
|
|
|
|
|
dedens212
Newbie
Offline
Activity: 208
Merit: 0
|
|
July 19, 2018, 01:41:36 AM |
|
It might happen. It's no secret that Bitcoin is only 21 million. While there are dozens maybe even hundreds of millions of people who join here. It can increase the value of Bitcoin. The less Bitcoin the more it will be in search. And more and more in the search it will be more expensive. Then the law of the market will apply. With the limited supply of Bitcoin inversely proportional to the amount of demand for Bitcoin, than the price of Bitcoin will soar.
|
|
|
|
|
Maxre
Full Member
Offline
Activity: 812
Merit: 120
https://combonetwork.io/
|
|
July 19, 2018, 01:56:50 AM |
|
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 more bitcoin enthusiasts and the limited supply of bitcoin can certainly increase the bitcoin price to be higher. before that happens we should at least have bitcoin. |
|
|
|
cityhall
Jr. Member
Offline
Activity: 126
Merit: 1
|
|
July 19, 2018, 02:09:21 AM |
|
Not really, if there is a lot of demand for bitcoin then the price will rise. The more demand, the more the price will increase. Demand and supply.
|
⚡️ LECTRO.io ⚡️
✓ BLOCKCHAIN FOR POWER ✓ Modern Power Grid ✓ Energy Trading Platform ✓ More efficient |
|
|
player514
Legendary
Offline
Activity: 1414
Merit: 1039
|
|
July 19, 2018, 05:15:54 AM |
|
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?
Since Bitcoin is finite in number, now is a great time to invest in it. The price is low and will only raise in value. Then, when you next ask the question of whether Bitcoin will have a shortage, you'll realize that there are only a limited number of the coin worldwide, which allows it to keep its rarity. Limited supply is completely necessary for the growth of Bitcoin. Even though the last mined coin is a while from now, it doesn't hurt to think about it now especially if we're moving towards a tech-centered future. It's not far off to see some kind of crypto currency being used as our lives revolve around our electronics more. Investing now could mean making a lot of money. |
This area is up for grabs! PM me if you're interested.
|
|
|
Kakmakr
Legendary
Offline
Activity: 3430
Merit: 1957
Leading Crypto Sports Betting & Casino Platform
|
|
July 19, 2018, 05:27:44 AM |
|
Each bitcoin (1 BTC) can have a fractional part of up to 8 digits so 1 bitcoin can be divided into 100 000 000 units. Each of these bitcoin units (0.00000001 BTC) is called a satoshi. So do your own math to see how many Satoshi will be available, if 21 000 000 bitcoins will be mined. <Yes, some are lost already and some are not mined yet, but it is still more than enough> We have not even subdivided a Satoshi yet. |
| ..Stake.com.. | | | ▄████████████████████████████████████▄
██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄
██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████
██ ██████████ ██ ██ ██████████ ██ ▀██▀
██ ██ ██ ██████ ██ ██ ██ ██ ██
██ ██████ ██ █████ ███ ██████ ██ ████▄ ██
██ █████ ███ ████ ████ █████ ███ ████████
██ ████ ████ ██████████ ████ ████ ████▀
██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
██ ▀▀▀▀▀▀▀▀▀▀ ██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|
Mia Wallace
|
|
July 19, 2018, 06:08:37 AM |
|
There will not be any chance for the shortage in bitcoin.It is the new system of economy with the strong net work systems.Bitcoin is designed to the total figure of 21 million.Now it has mined between 17 to 18 million bitcoins only till now.If the 21 million bitcoin is mined there will not be further mining and when ever the bitcoin demand increases if there is no supply of bitcoin naturally its price can be increased .
|
|
|
|
|
lonelma
Newbie
Offline
Activity: 42
Merit: 0
|
|
July 19, 2018, 06:10:13 AM |
|
Bitcoin it is only a component in this market, if there is no bitcoin then there will be other potential co-dominates, bitcoin is created constant there is no other way to add the supply except the fork that will create out a bitcoin version.
|
|
|
|
|
microwave
Newbie
Offline
Activity: 191
Merit: 0
|
|
July 19, 2018, 06:34:30 AM |
|
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?
After several years many people are owned by BITCOIN and of course many different reason why some of them are not able to use or to transact because of many different circumstances such as Bitcoin holder Die or maybe many account lost because of mishandling and I think it is possible bitcoin shortage after several years because of these circumstances and also followed by unknown holder. |
|
|
|
|
sunlitit654
Newbie
Offline
Activity: 252
Merit: 0
|
|
July 19, 2018, 07:13:20 AM |
|
Day by day the demand of Bitcoin is increasing and after reaching the production target of 21 million, there will be no more production and as a result the price will go higher as the demand goes up. It is not necessary to have a whole bitcoin and people can by worth of $1 btc too. So, I hardly think there will be any shortage.
|
|
|
|
|
ideya
Newbie
Offline
Activity: 25
Merit: 0
|
|
July 19, 2018, 07:18:54 AM |
|
I do not think so, also it is not a necessity. After, all coins are mined, it will become a privilege to own some.
|
|
|
|
|
Ava Duvall
Jr. Member
Offline
Activity: 154
Merit: 1
|
|
July 19, 2018, 07:23:25 AM |
|
I have heard that there are alot of inactive coins around the world. the biggest supply belongs to Satoshi Nakamoto. the supply is around one million Bitcoins, as i heard being "saved" for a time when the main supply is facing increased levels of demand.
|
|
|
|
|
wengden
Newbie
Offline
Activity: 224
Merit: 0
|
|
July 19, 2018, 07:45:36 AM |
|
Yeah that is the reason you dont need to be worried at all. Just hold your btc and wait for the right time. Years will pass, day by day there will be more and more people will join bitcoin. More people will use btc as currency.
|
|
|
|
|
|
dark1234
|
|
July 19, 2018, 07:52:17 AM |
|
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?
Simple exonimics if the buyer wanted to purchase more the market would probably crrate products with a high selling price in able to sustain the needs of the buyes. Just like in bitcoin, it will not probably experience shortage but the proce will rise, and that is what is everyone wanted to get. High value bitcoin. It will be a cycle, people will buy, then some will sell, then buy and sell. Because people needs something to sustain needs so with bitcoin as a form of meduim they will probably sell. yes ... true ... with bitcoin medium would be the highest price possible ...... but for the lower needs [lower value] then one should convert it into a lower-priced coin as ETH and on ultimately all complement each other in the role of transaction cycle and there will be no shortage of supply |
|
|
|
|
