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Author Topic: Bitcoin shortage - Is it Possible?  (Read 15783 times)
kyucryp
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March 23, 2019, 10:34:41 AM
 #61

if bitcoin has reached 21 million and bitcoin cannot be mined then the lack of bitcoin will occur. for now, the number of bitcoin is very much. we can get large amounts of bitcoin in the trading market and now it's very easy to buy and get bitcoin. and currently, the number of bitcoins has not reached 21 million so the availability of bitcoin is still very much.

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March 23, 2019, 10:48:50 AM
 #62

I personally don’t think it would ever come to that point, since the value of bitcoin adjusts to satisfy the demand. I’d like to hear other opinions?

most of this will work in conditions like now, although only having a potential increase of only tens of dollars, I think it is still considered good. The only thing to do shortage is BTC should be stable, when that conditions doesn't meet, then you should avoid that

What do you mean that BTC should be stable?

What good does it give when it is stable? If there are a lot of people that are demanding for Bitcoin, I don't think we should really expect a not volatile Bitcoin or stable Bitcoin. That means, it is still volatile but the thing is, since we are talking about Bitcoin being in demand, the price of it is so high so I think even if there are a lot of people wanting it, even with a satoshi they can really use it.
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March 23, 2019, 11:12:00 AM
 #63

I personally don’t think it would ever come to that point, since the value of bitcoin adjusts to satisfy the demand. I’d like to hear other opinions?

The value rises eventually as the demand rises. Since the supply is fixed, it will not be affected even if the demand will have an exponential growth, as it is predicted in the foreseeable future. The supply, even when it reaches its maximum level, will still be dwindling considering that there are a good number of Bitcoins that have been permanently lost and forgotten. This is still growing until now. So there is no other adjustment but to the value alone. Time will definitely come when .001 BTC is already a treasure.

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March 23, 2019, 11:23:13 AM
 #64

I personally don’t think it would ever come to that point, since the value of bitcoin adjusts to satisfy the demand. I’d like to hear other opinions?

Like all the other are posting it's not possible, because of it's being divisible, but in the future even a 1 Satoshi will have big value in the market, if what Mcafee predict come true that it will hit $1 million I would like Bitcoin to reach $1 million I don't want that old man to eat his dick.
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March 23, 2019, 11:37:58 PM
 #65

Looking at Bitcoin, its nature and also how secured it is, people have been always demanding or buying BTC rather than altcoins. This is because they know how BTC works. Looking at this post, I can boldly say that BTC will never be in shortage because of its high demand and also so many altcoins being paired with it on the various exchanges.

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March 24, 2019, 05:52:49 AM
 #66

I personally don’t think it would ever come to that point, since the value of bitcoin adjusts to satisfy the demand. I’d like to hear other opinions?

Like all the other are posting it's not possible, because of it's being divisible, but in the future even a 1 Satoshi will have big value in the market, if what Mcafee predict come true that it will hit $1 million I would like Bitcoin to reach $1 million I don't want that old man to eat his dick.

Yeah at best it's going to be an alternative to fiat so even if it has a finite quantity, i doubt the demand will be that high to warrant a shortage. The supply just moves around and would just probably increase in value if the demand rises.


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March 24, 2019, 03:24:57 PM
 #67

When a Bitcoin demand is high then it will affect the increase in market prices so that it is profitable, it cannot be said to lack because there is a cycle of rotation in it. Therefore we will not lack Bitcoin.
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March 24, 2019, 04:40:18 PM
 #68

No it is not possible
We have shortage of bitcoin free float because some of btc are staying on wallets with high amount of bitcoin .If bitcoins from that wallets will vanish than we will have panic sell off
some bitcoins has been lost forever
But overall  is 21 mln of bitcoin



 
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March 24, 2019, 10:34:48 PM
 #69

Sooner or later it will happen. But when that happens its price will be very high. I would like to catch this time and see how to change the crypto market after that.

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March 25, 2019, 05:14:00 AM
 #70

I personally don’t think it would ever come to that point, since the value of bitcoin adjusts to satisfy the demand. I’d like to hear other opinions?

There is no shortage in the future, even how big the adoption is.
Let's make it simple, most of us holding BTC are investors and trading is active, so if there is a high demand, the effect is only the increase of price.

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March 25, 2019, 07:49:43 AM
 #71

I personally don’t think it would ever come to that point, since the value of bitcoin adjusts to satisfy the demand. I’d like to hear other opinions?
In essence, when more and more people want Bitcoin, it will increase the price of Bitcoin.
When Bitcoin supply is getting smaller, more and more people are having trouble getting Bitcoin.
So I think it's getting longer that the price of Bitcoin will increase and it becomes a benefit for all of us who have Bitcoin.
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March 25, 2019, 08:26:02 AM
Last edit: March 25, 2019, 11:55:08 PM by Karamabit_209
 #72

Shortage of bitcoin is impossible to happen.
Why are you so sure?
I am so sure as how I sure of the fairness of the gameplay   gambling site I am playing with. On a serious note, is because of how bitcoin is circulating. Many of us here are holding, and trading is very active, the only thing that could happen is the increase of price.
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March 25, 2019, 08:53:43 AM
 #73

I personally don’t think it would ever come to that point, since the value of bitcoin adjusts to satisfy the demand. I’d like to hear other opinions?

There is no shortage in the future, even how big the adoption is.
Let's make it simple, most of us holding BTC are investors and trading is active, so if there is a high demand, the effect is only the increase of price.

how can you say when there was only 21 million limited supply said by the experts but i dont think that there will be a shortage because like what you said , people are always actively trading and selling thier coins in which the bitcoin's can only circulate from time to time from different user but what if we were wrong ? what if those people will only prefer to hodl instread of selling because they are also aware that bitcoin's value will rise ?  well if that's the case then no worries , there are still other cryptos out there that have alot of supply .   some even have unlimited supply like doggie coin  .
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March 25, 2019, 12:58:00 PM
 #74

No it is not a possibility.

Supply/Demand. In bitcoin supply is very stable but demand is changing a lot. If demand grows 1000 times, that means btc price would grow a lot. At some point people would sell their bitcoins when demanders give better price for it.

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March 25, 2019, 04:33:42 PM
 #75

Bitcoin shortage will not happen unless millions investors comes this year to invest to the bitcoin and we don't know what happen once we have bitcoin shortage and for sure if Satoshi Nakamoto will see bitcoin shortage they qill add more bitcoin again for the total supply I think  but for we need to focus on the problem on the bitcoin which is the price on how we increase that we are far from the bitcoin shortage as of now.

 
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March 25, 2019, 04:42:44 PM
 #76

Sure it's possible... When only 2.1 quadrillion people owns a single satoshi, there's no more satoshis left to distribute. Maybe in 200 years? Right now, we only have 7.3 billion people in the planet. Maybe an alien race with vastly larger population will cause a shortage, if they also buy BTC.

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March 25, 2019, 11:16:07 PM
 #77

It is not possible since there are more than enough bitcoin for everyone in the world. Bitcoin although a digital currency can be treated like any other commodity on the stock exchange. When the demand becomes high, people are compelled to buy it at a higher price. Bitcoin cannot experience shortage but the only thing at stake is that price would go high when supply does not meet demand.

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March 25, 2019, 11:37:20 PM
 #78

I don't think bitcoin can ever run short because these days almost every crypto enthusiasts is either trading some of his/her or bitcoins or using it to pay for transactions he makes. Anyway if it ever gets to the point of shortage i hope to be holding some then because the price would surely reach another all time high again. Grin

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March 26, 2019, 02:21:03 AM
 #79

No it is not a possibility.

Supply/Demand. In bitcoin supply is very stable but demand is changing a lot. If demand grows 1000 times, that means btc price would grow a lot. At some point people would sell their bitcoins when demanders give better price for it.
Demand for bitcoin can increase prices, which is created because the positive issues of bitcoin that occur in developed countries will be globally compressed so that the needs of bitcoin are getting higher.
If a negative issue occurs, of course the price of bitcoin will also be affected and the transaction will become less frequent, so the price is depressed and slowly decreases.
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March 26, 2019, 08:02:43 PM
 #80

Shortage of bitcoin is impossible to happen.
Why are you so sure?
I am so sure as how I sure of the fairness of the gameplay   gambling site I am playing with. On a serious note, is because of how bitcoin is circulating. Many of us here are holding, and trading is very active, the only thing that could happen is the increase of price.

Yes it is not possible because the more bitcoin is being use the more it is generating by people but another reality is bitcoin demand is rising day by day, people from all over the world are asking for bitcoin and buying goods with bitcoin, so that’s makes sense if in market bitcoin become short but it is good for the market, price will rise with low supply.
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