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Author Topic: Is it possible to have bitcoin shortage?  (Read 2993 times)
Main ML
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August 02, 2018, 08:26:53 AM
 #181

bitcoin can be divided into how many parts we want so people can still use bitcoin even the population increases more. But the problem will become more expensive will make it a more curreny assets so people will never spend bitcoin in their daily life. Because they also need savings.
julielyn
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August 02, 2018, 09:41:18 AM
 #182

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?


In my opinion, bitcoin is not going to be lacking because many crypto currencies that come to fruition are likely to fail.
alihassan99
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August 02, 2018, 09:44:05 AM
 #183

if there is shortage of anything the result be increase in the price of that thing.. so i will simply say the price will rise madly .. more and more people will try to get the bitcoin.. Wink

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August 02, 2018, 09:50:13 AM
 #184

If bitcoin will lose some investors, then that will be the time bitcoin will have shortage. We are the one who control the price of bitcoin.
vagsun
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August 02, 2018, 10:01:40 AM
 #185

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?
Its very right, There will be the shortage of bitcoin supply. Many people are already dealing with bitcoins and now many more people have joined crypto family and are demanding bitcoins. If more and more people will demand bitcoins, then definitely there will be shortage in the supply of bitcoins which will lead to the higher prices of bitcoins. As its a well known fact that "As supply decreases, the price rises". There are very limited no. of bitcoins as its only 21 million. So definitely it will lead to shortage in supply of bitcoins.

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August 02, 2018, 10:02:53 AM
 #186

 there is a possibility that Bitcoin shortage will happen it is because of the fact that people see it as an investment not as a currency where it's existence and purpose will be. As the Bitcoin and cryptocurrency community will rise the hodlers will also rise and the more people will hidl BTC the more the supply will be getting scarse and that is why prices will also goes up to the moon
bitfocus
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August 02, 2018, 02:10:47 PM
 #187

There will be only 21 million bitcoins only - do the math yourself.
Haoque89
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August 02, 2018, 02:41:04 PM
 #188

bitcoin gives investors more opportunities to invest as well as they can make more profit from this investment, making the crypto world more attractive and vibrant, will lack energy if the lack of bitcoin
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August 02, 2018, 05:13:37 PM
 #189

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?


https://www.coindesk.com/17-millionth-bitcoin-mined-means-matters/
I think, even the last Bitcoin block Will be mined, Bitcoin Will never stop there. The circulation process Will still continue. Hold or release. It Wil Continously as a mode of payments of any services and goods. The only thing that matters at that time Will be the price , either it Will become cheaper or it Will become too expensive.  So what do you think if  Bitcoin becomes rare in the future?  Just like some other goods , if it is rare , the price is too high.

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August 03, 2018, 02:07:16 AM
 #190

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?
but the bitcoin breaks and becomes a fork,
Bitcoin Cash, Bitcoin Diamond, Bitcoin Gold And there is more,
I think this might be an alternative
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August 03, 2018, 02:09:44 AM
 #191

obviously what happens is bitcoin prices will become very expensive when the supply has reached the limit. and the only way is to recover supply.
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August 03, 2018, 06:50:39 AM
 #192

Currently, the number of bitcoins left in the world is minimal, that number is only enough for several years to come, but in just a few years, this number is not enough for everyone who needs it.
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August 03, 2018, 08:02:23 AM
 #193

Well, with a shortage of bitcoin supply, it will benefit people today who continue to use bitcoin, but you also need to know that each country also has their own currency
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August 06, 2018, 01:45:12 AM
 #194

for me I do not know the bitcoin deficiency because maybe not everybody in the world is buying or using bitcoin. I know just buying bitcoin is the investors and joining the world of crypto currency
airdnasxela
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August 06, 2018, 02:04:06 AM
 #195

From what I know,  I think bitcoin is not unlimited and even it is sounded cliche,  it is also goes for the saying that everything is limited. It is true to bitcoin and it the supply significantly affects the demand that will eventually affects the price of bitcoin. This factors are coexisting and one will really affects each other.  If the supply is unlimited,  I think bitcoin will have a very low price because it is available worldwide with various amounts again,  if it unlimited. So for me,  bitcoin is not unlimited and is limited to such amounts.
martin1221
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August 06, 2018, 02:11:23 AM
 #196

As of now mate, there a still a lot of supply need to be fully reach na max supply ang its almost 3 million will be mined right now. So i must say that bitcoin right now will not be shorted as there are still a lot of lack of supply. And when the time that all bitcoin has been mined, i think that will be the time that bitcoin will be in shortage.
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August 06, 2018, 02:47:50 AM
 #197

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?
I also agree with you , as I personally think that in near future we will se a rampant growth in Bitcoin Price due to its limited supply. Now a days arround us Bitcoin mining takes place rapidly and that day is not far from here ,All btc will be mined and popularity and demand of btc will be increased also. As you have said that there are Billion of people but but Btc supply is limited with only 21 million Bitcoin. When all people will explore in Crypto market ( i think that time is not far from here ) , it is obvious that Bitcoin demand will increase also.

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August 06, 2018, 05:51:51 PM
 #198

Those things which are available don't have much demand and bitcoin has its demand because it is also limited and the demand will increase when we find the shortage of it.
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August 06, 2018, 06:19:10 PM
 #199

There is a possibility that Bitcoin can undergo shortage in future. This shortage keeps the price of Bitcoin high in the market. If it was cheaper and available to all, then maybe it wouldn't have been this popular in the market.
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August 06, 2018, 07:06:44 PM
 #200

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, when ever the bitcoin demand increases if there is no supply of bitcoin naturally its price can be increased .
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