Will Bitcoin be infinite?

[Roy Asher]

In terms of supply, there is nothing in the world that can be provided indefinitely. But if it is value, Bitcoin has no upper limit in my opinion. It has this potential. As time goes by, more and more people will accept it, and its value will be higher.

[Caldear]

Bitcoin's supply is fixed and limited, and it cannot be issued unlimitedly.
But the value of Bitcoin is unlimited. Because of the scarcity of Bitcoin, Bitcoin has a certain value. With the recognition of Bitcoin in some regions, and even some countries adopting Bitcoin as legal currency, people's demand will increase, and the value of Bitcoin will also increase. Therefore, the value of Bitcoin has unlimited potential.

[Renampun]

...

Yes, I am not referring to the total supply, because this is known and the maximum supply cap is set. I want to know its value, can it be infinite, thanks for the reply to make me understand now.

The price of Bitcoin must have a limit...

I'm not sure the value of Bitcoin will be higher than $1 million. it is impossible that the price of 1 Bitcoin will reach $50 million or $100 million. maybe others think the same as me.

[Ucy]

Unlimited in what way? You mean the total supply or something else? I have seen a figure that looks like horizontal 8 used in representing infinity but don't know what that's really about. Is that what you mean by infinity? Hope you can explain what you mean to help me determine if it's possible with Bitcoin.  Just hope it's not about Bitcoin supply.

Yes, I am not referring to the total supply, because this is known and the maximum supply cap is set. I want to know its value, can it be infinite, thanks for the reply to make me understand now.

If by that you mean what society and people can use Bitcoin for is infinite then I would agree to some extent as long as it is used for good alone. Afterall it's decentralized and has can be freely used by free people without limit unlike centralized systems.
One of the features that can be used for lots of things is the private keys. You could absolutely use it for lot of things including locking your door and other private properties and truely feel safe because nobody but you knows the keys to unlock them. I have never really like the centralized digital locks.


But if you mean the price going up continously without end, that will also depend on whether it can continue to be useful without end

[Liamttw]

I think the point you want to make is not clear, and I don't know whether the quantity or the price you want to say. In terms of quantity, the number of bitcoins is fixed. But the value of Bitcoin is unlimited. It is precisely because of the scarcity of the quantity and the increase of people's demand for it that the value of Bitcoin will continue to increase.

[el kaka22]

Infinite is a weird word, like it should be.... never ending? Unlimited? I still think that "one day" bitcoin will be something gone, it will not be around, this could be 100 years, this could be a thousand years or who knows maybe tomorrow because tbf we never know, it is a tech thing and maybe they will find quantum computing which can wreck havoc in all of crypto in a nanosecond, none of that is known.

However I am sure it is not going to be unlimited, it is 21 million and it will stay that way as long as it keeps being decentralized, we are just way too secure for that to happen, the day that changes means the day bitcoin dies and nobody wants it to die like that. So all in all I would say that in amount it will be finite, but in time it will once again be finite, the only thing that is "infinite" is the price, which is always up and down so we can't exactly say it has a limit.

[stompix]

But the value of Bitcoin is unlimited. Because of the scarcity of Bitcoin, Bitcoin has a certain value.

How to contradict yourself in one line.

Nah, I don't thin bitcoin are going to be infinite. The halving process will make sure they the amount of bitcoins we become will go down towards 0. Eventually mining doesn't become profitable anymore.

For a 5-year-old member, how can you say this?
Is now bitcoin mining profitable for you? If everyone quits mining will it be profitable for the one single miner left or not?
What about the fees, those will not split in half, for the entire year we had close to 10-15% fee in reward ratio and we're still at 6.25 per block, even with those empty blocks mined lately and near-empty mempool we're still getting more than 24BTC in fees in 24h.

Apart from this, there is one thing people should understand about this infinite value.
Assuming we change the protocol, we switch to 100 BTC mined a block, 14,400 coins a day, 5,256,000 coins a year, one million years from now!!!!   we will still have only 5 trillion coins! How close are we to ∞ ? No coin is really infinite, they have an unlimited supply but at any given time that number has a value, no matter how big it is.

[xmonkeyx]

The Simpsons, in an episode of the 32nd season, data on the virtual market shows that the development of Bitcoin is a symbol of infinity. For us, green means rising.
Do you think Bitcoin will be unlimited in the future?

what do you mean by unlimited price?
I don't think so. it's just that the price of bitcoin will continue to increase if there are more and more users. and that doesn't mean the price will go up too, it will still be the same as it is now there are times when the market will be green and sometimes it will be red.

[so98nn]

The Simpsons, in an episode of the 32nd season, data on the virtual market shows that the development of Bitcoin is a symbol of infinity. For us, green means rising.
Do you think Bitcoin will be unlimited in the future?

I have good thought on this: The price might be unlimited one day, but BTC is gonna be 21 million no matter what! That's how it was minted by the owner. What can happen is, there could be a day when you will have to count big stash for few Satoshi's and that's how it can be unlimited asset. Obviously this is perspective of the user, whether they are looking at BTC from the fiat point of view or the bitcoin unlimited point of view.

Bitcoin is not itself unlimited and after the last coin is mined, we will chase the other users bitcoin, trade them store them so that the value will rise. The demand and supply formula will work at it's best by this point.

[RapTarX]

Yes, I am not referring to the total supply, because this is known and the maximum supply cap is set. I want to know its value, can it be infinite, thanks for the reply to make me understand now.

As long as cryptocurrency is not the only currency existing, the price of bitcoin is infinite (in your terms). In the near future, fiat money will got hugely devalued because govt has printed a lot of moneys in the pandemic. In such case, I won't be surprised to see 1 BTC value more than a million.
But when there will be no fiat and cryptocurrency is the only monetary system, there won't be huge value increase although people still will pick BTC as store of value.

[CapGelatik]

Yes, I am not referring to the total supply, because this is known and the maximum supply cap is set. I want to know its value, can it be infinite, thanks for the reply to make me understand now.

As long as cryptocurrency is not the only currency existing, the price of bitcoin is infinite (in your terms). In the near future, fiat money will got hugely devalued because govt has printed a lot of moneys in the pandemic. In such case, I won't be surprised to see 1 BTC value more than a million.
But when there will be no fiat and cryptocurrency is the only monetary system, there won't be huge value increase although people still will pick BTC as store of value.

The possibility of 1 bitcoin can be worth 1 million or more of course will always exist,
maybe what you say is right that the price of bitcoin has no limit,
if you look at the beginning of the bitcoin price, we all didn't think the bitcoin price could soar this far

[fiulpro]

The Simpsons, in an episode of the 32nd season, data on the virtual market shows that the development of Bitcoin is a symbol of infinity. For us, green means rising.
Do you think Bitcoin will be unlimited in the future?

Hello
So you are one of those who believe that Simpsons can predict the future. Well for the time being I do not think that they can but on the matter of Bitcoins being ♾️ I do believe in that a bit. Since we have limited number of Bitcoins even if we follow the demand and supply simplistic version we would be able to see that in the coming time with more development and with more people accepting cryptocurrencies, we will see the graph go straight up. Which is already something that most people know therefore there is the existence of #HODL. Just using the common logic I do believe that  bitcoins will go way higher than anything, some people might call it infinity who knows?

[SFMHodler]

Well if more coins get lost and no new coins get added, we might break down into smaller and smaller fragments...

[suzanne5223]

First of all, the story show in the Simpson cartoon film cant be use to speculate the possible things that will happen in Bitcoin market but about the price of Bitcoin market to be infinity or unlimited in the future, it is possible due to the Bitcoin potentials, limited supply of Bitcoin, block halving and most investors use Bitcoin as an asset more than currency.

[BETTYUI]

The number of Bitcoins is limited, with a total of 21 million.
The value of Bitcoin is unlimited. Bitcoin is scarce, and people's consensus on Bitcoin continues to increase, and they are also accepting and approving Bitcoin. As a result, the demand for Bitcoin will increase and its value will rise.

[Rasa nanas]

I'm trying to understand your question, maybe your question is related to the future price of bitcoin. Bitcoin price in the future can be said to be infinite because the longer the bitcoin price increases. no one knows the price of the most expensive bitcoin in the future.

[Mistafreeze]

Well I don't really understand your context by the words "Bitcoin being infinite" probably in the nearest future. Are you bringing it in terms of  volatility, distribution or it's uses being numerous? Looking at Bitcoin and it's continuous adoption as a means of payment system for transaction, is increasingly expanding the uses and worth of Bitcoin and the market value.

Bitcoin is becoming unlimited with time, the way investors and hedge firms are patronizing it activities consecutively is expanding Bitcoin potentials making it stronger and firm to overcome any circumstances it might face in the nearest future. The more individual countries continually adopting Bitcoin, the more it will become infinite in nature increasing it resistance toward government policies which might stand to affects it existance.

As time goes on, there would be to consensus in agitating about how Bitcoin becomes inevitably infinite towards obstacles that could have jeopardize the expansion and limit the acceptance of Bitcoin by the society as a medium of transactions and payment system.

[Hypnosis00]

The Simpsons, in an episode of the 32nd season, data on the virtual market shows that the development of Bitcoin is a symbol of infinity. For us, green means rising.
Do you think Bitcoin will be unlimited in the future?

Infinity is different from unlimited and it can never be possible that Bitcoin becomes unlimited.
But in the case of infinity, can't really be sure about that. Nevertheless, it was speculated that Bitcoin will stay in the market for many years to come and I was happy enough. But then, we can't easily make presumptions and confidence that the price of Bitcoin will also move higher and too expensive because if that will happen, I can imagine how risky it was to be.

If ever the price of Bitcoin will reach $1mil, maybe I can't afford to buy them.

[imstillthebest]

this is just a show and not all events happen to this show can happen in real life but we shall give thanks to the director of this show if they feature bitcoin because that is a form of advertising . 
bitcoin is not infinite but it has a limitation .
 its value can go down and investors can lose but it can recover and yes green means the price has risen and red is the color when theres a decrease

[pinggoki]

Bitcoin will be infinite as time passes by and because of what we are seeing today that the market of bitcoin and cryptocurrency is continuously growing as time passes by. Seeing the market cap of bitcoin we can clearly say that it will be infinite in which it will really last forever. Many people are advertising and promoting bitcoin so because of that the marketing of bitcoin is growing huge.