Limited Bitcoin Supply Will Push Price to Incredible Numbers, Says Ark Invest’s

[nikolastech]

Limited Bitcoin Supply Will Push Price to Incredible Numbers, Says Ark Invest’s Cathie Wood
https://dailyhodl.com/2021/03/27/limited-bitcoin-supply-will-push-price-to-incredible-numbers-says-ark-invests-cathie-wood/

Yes true there will come a big supply problem, and push BTC more and more up, specially now we seeing retirement funds starting buy Bitcoins.
Will be interesting follow

[bassbity]

t looks like Cathie Wood Ark Invest is late in making a statement like this, because that has been the cycle since the advent of bitcoin. It's just that, acknowledging and realizing that bitcoin growth is not as smooth as expected, they barely accept bitcoin growth which makes the investment world even more uncomfortable. And I love what happened when bitcoin was not widely adopted in the first place. because at that time we were very excited to collect more bitcoins easily and for free.
So that in welcoming the price increases that began in 2017 at that time, we are ready with all the benefits of our hard work since 2015.

[seoincorporation]

That's true, the limited number of coins is what gives a nice value to it. And this is because the market is unlimited. So, with all those zeros after the point is even possible to see 1 satoshi at $1 in the next 100 years.

And is really interesting how some coins decide to have no limit of coins, a good example of this is dogecoin. And that's one of the reasons why that coin is so cheap.

So, with and unlimited market with infinite money to inject the only limit is the moon.

[HanaTenun]

That's very true now that everyone is looking at bitcoin and this will probably increase people's interest in the crypto market which might make the price go even higher, and with the limited bitcoin supply it might impact altcoins as well, now it's undeniable how much interest in  bitcoin was very big during this bullrun, especially yesterday bitcoin made a very high new ATH, and made a lot of people even more interested in investing in it.

[Oceat]

As expected but is there a person that's ready to buy those high number of Bitcoin price?

After all the last Bitcoin to be dig will occur in 100 years from now. So people will have to buy from those who are selling and of course, if the demand is strong then there will be an increase of price. But I really wonder if someone is willing to dump good money for a few Satoshi in the future? Those who keeps holding Bitcoin will make the market price to launch to the moon.

[adaseb]

Keep in mind that as price goes higher and higher more and more people are going to be willing to sell. Maybe not as these prices however consider if BTC goes to $100K. From most posts and comments it seems people will either sell all their bitcoin at $100K or they will start to scale out some positions at those prices.

Another thing to consider is that right now people are extremel greedy and don't want to sell. However lets say BTC starts to crash and breaks $20K and breaks $10K, obviously at those times people will get fearful and sell their BTC hence supply will go up. At that time the demand will be lower and hence price will keep going lower and lower.

This is what happened pretty much in 2017 cycle. Nobody wanted to sell at $20K but everybody sold between $3-6K when it broke November support.

[mk4]

This narrative ain't even new. The Bitcoin halving has been baked into the protocol since the very start, hence supply shocks with Bitcoin has been expected to happen for a good while now.

As expected but is there a person that's ready to buy those high number of Bitcoin price?

After all the last Bitcoin to be dig will occur in 100 years from now. So people will have to buy from those who are selling and of course, if the demand is strong then there will be an increase of price. But I really wonder if someone is willing to dump good money for a few Satoshi in the future? Those who keeps holding Bitcoin will make the market price to launch to the moon.

There will always be people who will need money either for personal reasons of for other purposes, regardless how good a certain asset is.

[Poker Player]

Yeah, well, but that's just half of the story. The other half is the increasing demand. Both facts account for the present and future rise in price. But yes, that doesn't mean that the price is going to go up in a straight line, as price rises some people will want to sell and realize profits but this is the normal scenario. What's important is the price tendency due to the equation demand-supply.

[Slow death]

Limited Bitcoin Supply Will Push Price to Incredible Numbers, Says Ark Invest’s Cathie Wood

I would say that the belief in making hodl is that it pushes the price, many people are buying bitcoin for the purpose of making hodl and do not want to sell even if the price is $55,000, realize this because the price is not falling too much. and if more big companies are buying bitcoin it will cause the price to increase a lot, I didn’t analyze hard data, but I think most people believe in high prices like over $100,000 and must be waiting for these prices before they can sell mainly after the attitudes of elon muske and paypal entered this market

From most posts and comments it seems people will either sell all their bitcoin at $100K or they will start to scale out some positions at those prices.

I also think about it, and worse it only takes a few days of falling to start a big price drop.

[cabron]

As expected but is there a person that's ready to buy those high number of Bitcoin price?

After all the last Bitcoin to be dig will occur in 100 years from now. So people will have to buy from those who are selling and of course, if the demand is strong then there will be an increase of price. But I really wonder if someone is willing to dump good money for a few Satoshi in the future? Those who keeps holding Bitcoin will make the market price to launch to the moon.

I thought ARK Invest is a cryptocurrency but they're not. So they are gradually making statements in interviews.

If there will be institutions ARK Inves that will buy BTC, they are not going to be buying on exchanges like Binance but most probably they are advised to buy virgin coins from miners or OTC so prices will not surge. There may be more of the financial institutions that had not said publicly but secretly gobbling Bitcoin from OTC, could this be considered a practice of manipulation like suppressing the price in the real market?

[darewaller]

Limited Bitcoin Supply Will Push Price to Incredible Numbers, Says Ark Invest’s Cathie Wood

I do not need anyone to point me out this because I am one of those people who believe into the speculation of bitcoin to be valuing around one billion (yeas, not misspelled) dollars. This may sound crazy but practically it may happen in coming decades. The good thing is, financial experts and big corporate start realizing the potential of bitcoin in way where we have been into for last 5 to 10 years.

Yes true there will come a big supply problem, and push BTC more and more up, specially now we seeing retirement funds starting buy Bitcoins.

Is it a problem? Nah. It is a well-planned thing to make bitcoin popular as that alone will help it to be adopted.

There were people who predicted bitcoin to test $1M by 2020 itself but I believe into 10x growth on every 4 years. Hence, this year we may see 100k to 400k and by next halving we may test $1M levels.

[Fundamentals Of]

People already know this. One of the main reasons why Bitcoin's price is expected to rise and multiply several times is that it has a fix supply. The limitation of Bitcoin's supply makes it the opposite of fiat which is unlimited. One of the reasons the value of fiat is decreasing regularly is that it is always increasing in supply. Anything which is unlimited in supply won't preserve its value in the long run. Bitcoin is not. The rising demand plus the decreasing reward makes Bitcoin more precious everyday.

[slapper]

It is inherent that bitcoin supply is limited from the day it was born. And people can see this as a chance to against the inflation which is intrinsicness of cash. Your capital always reduce its value as long as you hold cash.

That is why many and many people start to invest in bitcoin. The motivation to escape of the centralization as well as multiply the asset change most of peopel perception toward bitcoin and its technology: blockchain

However, there are problems must be resoleved in order for the next big step such as transaction fee. People with minimum wage do not afford to buy bitcoin with such a high fee like that and they are likely to miss the chance of interact with this marvelous invention. If bitcoin remains such high fee like that, it will become a term of investment and lose its primitive charateristic: to compete with cash and create new payment environment

[WatchMaker]

Indeed, the bitcoin's limited supply is what makes bitcoin so valuable today. the bitcoin price is getting higher because many people are interested in buying bitcoin and there are very few bitcoins to buy. the bitcoin price is going up every day because of scarcity. The early bitcoin investors know this, that is why they invested their money into bitcoin a long time ago.   

[slaman29]

Supply problem is not a problem though actually but the very design of Bitcoin protocol, as far as I understood. Everything has so far worked as well as Satoshi ever predicted so this is really how it all works miners rewards, block rewards, fees, everything. Just as he imagined and just as the economy is working it out:)

[LUCKMCFLY]

These statements are good and are to quote:

“If we add all of the potential demand relative to the limited supply, we come up with incredible numbers over the long term. We have just begun. One trillion dollars is nothing compared to where this ultimately will be.”

source:https://dailyhodl.com/2021/03/27/limited-bitcoin-supply-will-push-price-to-incredible-numbers-says-ark-invests-cathie-wood/

For many in the world who say that Bitcoin does not have support like stocks, the best support for Bitcoin is: Its technology and the Law of Supply and Demand, it is understood that the lower the limited supply of Bitcoin, the more it will rise in price , comes into action at higher Demand and lower Supply the price increases, and now when bitcoin is as famous as this year 2021 that has been so unexpected, many put their trust in Bitcoin, almost as a safe haven, sometimes more than the Same Gold, if 1 in 10 people in the world buy bitcoin we will see an increase in ATH more incredible than now, probably the one predicted in PlanB's S2F model.

[Lucius]

Some people still don't seem to realize that this isn't really about someone writing something sensational that might mean something special to anyone, it's about a classic paid article promoting a particular person or company. If something has a max supply, and if there is a constant demand for it, that increases with time, then it is quite logical that the price of it on the market will rise.

The market cap is actually quite irrelevant because it is only a visual presentation of something that certainly does not reflect reality given that part of the mined BTC will certainly never be in circulation because its owners have lost access to their private keys.

Bitcoin has unlimited potential and can be worth much more than today, but only if those who rule the world do not stand in its way. Regardless of the fact that no one can literally destroy BTC, imagine what would happen if it becomes banned in some powerful country like the US? Consequently, regardless of max supply and demand, don’t forget who holds the main levers of this game.

[thecodebear]

Well yeah we all already know this, but the more well known people who say this in public the more the general population will start to know this and adopt Bitcoin. Bitcoin has a 21 million limit, less than 2.5 million are left to mine, probably a couple million are lost forever, and there is likely a portion of those already held that will NEVER be sold. Meanwhile it's very likely billions of people and thousands of corporations will adopt Bitcoin. There is only one way for the price to go and it is massively upwards. In the future it is likely that anyone who got Bitcoin under a million dollars will be considered to have gotten in fairly early.

[justdimin]

Limited Bitcoin Supply Will Push Price to Incredible Numbers, Says Ark Invest’s Cathie Wood
https://dailyhodl.com/2021/03/27/limited-bitcoin-supply-will-push-price-to-incredible-numbers-says-ark-invests-cathie-wood/

Yes true there will come a big supply problem, and push BTC more and more up, specially now we seeing retirement funds starting buy Bitcoins.
Will be interesting follow

This has been something we kept saying for a long time, it was always like that. Think about it, these huge companies are buying in billions and that's why they are capable of buying tens of thousands of bitcoins, but there is only 21 million bitcoins and will never be more bitcoins, which means they will have to spend more and more to buy, and since they do not sell that means there is less and less bitcoin available.

We already know that satoshi had a lot and he didn't sell and won't sell, and we all know there are some bitcoins that are completely lost as well, which all means there is actually less than 21 million available as well, and the more these companies buys will mean there will be even less, so it's going to reach to 500k+ dollar levels easily when they keep buying bitcoin in billions and eventually they will start buying from each other since regular traders won't have that much.

[Husires]

Limited Bitcoin Supply Will Push Price to Incredible Numbers

Limited Bitcoin Supply Will Push Price to Incredible Numbers only and Big only demand is increased.
without demand bitcoin supply will give us stable price (bear stage) or and more corrections.

The good advantage of limited supply is that you only need a small demand to influence the price. The more price increase, the more money you need.