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Author Topic: Bitcoin shortage - Is it Possible?  (Read 15783 times)
kvipcn
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March 26, 2019, 11:52:58 PM
 #81

 Bitcoin shortage is highly possible. When the demand for Bitcoin exceed the amount of Bitcoin available in the crypto ecosystem, there will definitely be a shortage of it. But the time for the shortage of Bitcoin is not close. Just now, the amount of circulating Bitcoins are more than the demand rate of it in the crypto ecosystem.
The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
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March 27, 2019, 12:21:40 AM
 #82

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?
This is one point. This is fact.
Then is next one, which is bitcoin you can divide in theory endlessly so you never run out of it in circulation.
For this two facts, this problem won't exist in Bitcoin.
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