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Author Topic: Is it possible to have bitcoin shortage?  (Read 3045 times)
maloibtc
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September 13, 2018, 08:56:22 PM
 #341

I think that yes, why not? I am not an expert but to my mind, btc is the best coin ever and we need to consider buying it as well as ether which is also a good way to earn today taking not many efforts
Jackolantern
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September 13, 2018, 09:08:12 PM
 #342

I think that it is possible to have the shortage of btc but it is not 100% that this will happen. to my mind, btc is a powerful coin and soon more and more people will understand this and buy it

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gusnulyadi
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September 13, 2018, 09:08:39 PM
 #343

21 million bitcoin supplies will definitely not be enough for everyone. But we also know, every bitcoin can be divided into billions of satoshi maybe with this division, everyone's need for bitcoin can be fulfilled.
Gireesh.giri
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September 13, 2018, 09:11:26 PM
 #344

To store the bitcoin their are many way to store
Jannatul Shefa
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September 13, 2018, 09:19:13 PM
 #345

For now it won't happen. Because now not the whole world depends on it. Only the crypto investors and user connected with bitcoin. But if its possible that bitcoin will be a global currency than it can be happen that bitcoin will be short for the whole world.

Nasonn
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September 13, 2018, 09:22:24 PM
 #346

The total supply of bitcoin will not be enough for the entire world population when it's ready for global adoption. It will result in its price rise, many people will be as lucky as owning a few satoshi.
SventraPapere
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September 13, 2018, 09:28:07 PM
 #347


This is the high cost of bitcoin.If there were an unlimited number of them,it would not cost so much.This is why alternative coins are created.Ethereum is certainly in the lead.But look at the stock exchange.I've lost count of how many new coins there are.Each performs its task.And Bitcoin is gold!)))

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NowLovebed
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September 14, 2018, 08:51:33 AM
 #348

This supply causes price to go up as more people want to buy the token. However there can never be shortage of a coin as long as the coin is liquid, being traded continuously. So at every time there will be always be sellers and buyers. For this reason, there can never be shortage of bitcoin but there can be price increase.
ace1105
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September 14, 2018, 09:16:21 AM
 #349

This supply causes price to go up as more people want to buy the token. However there can never be shortage of a coin as long as the coin is liquid, being traded continuously. So at every time there will be always be sellers and buyers. For this reason, there can never be shortage of bitcoin but there can be price increase.

You are right, bitcoin only have a fix supply and some of them already lost in some wallet that cannot be recovered so as time passes by the price of bitcoin rises up more.
novak hiel
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September 14, 2018, 01:18:23 PM
 #350

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.
bagalkot
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September 15, 2018, 11:01:40 PM
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 #351

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.

I have said before also that their will be shortage but the price valuation will change and that time 1 sat will be equal to 1 usd so the ratio will be equal and who ever will be holding 1 btc will be like a billionaire.

Like how in the initial stage lot of users were holding lot of btc but value of the btc was 1 usd or less. and some of them just lost the wallet details as the price was very low and who ever kept it safe also sold it in 2017.

So in coming days the coin will be divided between more users and high stake users will become less.
OSEIBOATENG
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September 15, 2018, 11:25:01 PM
 #352

Looking at how the blockchain was created and the kind of coin btc is. Always people are buying and selling btc so we have a large amount of circulating volume. The moment people try to only hodl and not sell is when we will see shortage.
Angry_Bird
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September 15, 2018, 11:33:17 PM
 #353

What do you mean BTC shortage? I guess if so many people wanted to buy BTC they would have to buy a certain amount of satoshi, and that's it. Of course BTC is limited and we all know this.

billionaireSHS
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September 16, 2018, 12:54:31 PM
 #354

Well, shortage will be avoid if there's a balance between investing and selling. But for me, it is good of there is a high investment, since investing is the reason to increase bitcoin that is why the more the investment the more the higher the bitcoin price is. Smiley

cherryfer
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September 16, 2018, 01:35:25 PM
 #355

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 think its no because 21 mlllion bittcoin spreadout all over the world inside virtual digital system it  will not srotage even 100 years.
4rzun4
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September 16, 2018, 01:44:29 PM
 #356

The possibility of bitcoin deficiency because of too large demand can also occur, but it is still too far to think about, because what matters most to me is how we can take advantage of the situation and conditions that are happening to bitcoin price movements in order to benefit in bitcoin investment.
Dudeperfect
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September 16, 2018, 01:48:02 PM
 #357

As we all know that halving is a part of it and the supply of Bitcoin is going to diminish over the period of time so the law of demand will take place and we will see growth in the price where there will be a limited supply of Bitcoin, on the other hand, Bitcoin has the potential to serve as a payment system on the international level so there is a scope for growth in demand. It is mutually agreed that the supply of Bitcoin will never be more than 21 million coins.
Jombrangs
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September 16, 2018, 05:09:41 PM
 #358

Somewhat yes but somewhat no, maybe. Yes because if all the trades hodl and didn't sell their coins probably the supply of the BTC or a particular coins or tokens will decrease. Who will sustain or provide the BTC now? Miners and other traders that normally circulates the coin and token. If this will ever happen surely BTC will boob again and after the boom the value of BTC will again decrease as there are now too much of supply.
jackdenial1320
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September 16, 2018, 05:18:08 PM
 #359

this is not possible because there are big circulations of bitcoin on the market and also there are many more bitcoin to be mined.the event that it comes to a point wherein bitcoin would all be mined then that would be the time the cost expands in light of lesser supply and more on the request
zheniasom
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October 06, 2018, 03:51:44 PM
 #360

It is not possible, bitcoin is a digital currency and just as fiat currency, I don't think there can ever be shortage, the price will only go up and down depending on the demand and supply. This does not imply that there is shortage of bitcoin. Wink
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