SaShiRaJaVu
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July 12, 2021, 11:39:53 PM |
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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 not watched the episode but whatever may be the case it is just a scripted show and not any prophecy even though i have heard that The Simpsons show predicted something things which came true at a later time but for Bitcoin to become the symbol of infinity i did not understand in what sense it means, there are literally infinity coins and token in the Bitcoin market or will the number of bitcoin becomes infinity in the future, if it is the latter there is no way it is going to happen.
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Koro-Sensei
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July 12, 2021, 11:57:56 PM |
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As halving occurs, it is believe that the last block of bitcoin could be unlikely mined in the year 2140. No one knows what exactly could happen by then and some even predicts that the protocol could even allow it to have a larger supply for everyone. No one knows exactly what could happen unless satoshi do something about it.
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STT
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July 13, 2021, 12:01:23 AM |
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I dont take the threat title as infinite literally but the OP meant are we talking very long term for BTC. Will the schedule laid out for reducing block rewards to zero actually be fully played out, that would be a very long time line not exactly infinite but its possible that yes that does occur. BTC being traded for many years is quite feasible, the larger question is at what price and vs what competition and parallel development. I've always assumed development on any blockchain is some positive so long as its open source and decentralized, some elements are mislabeled as crypto when they aren't just digital and proprietary.
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ROSERTY
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July 13, 2021, 01:21:56 AM |
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As we all know, the number of Bitcoins is limited, with a total of 21 million. The value of Bitcoin is unlimited. There are constantly new users investing in Bitcoin, people's recognition and demand for Bitcoin are increasing, and because of its scarcity, the value of Bitcoin should rise infinitely in the future.
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andriarto
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July 13, 2021, 03:54:25 AM |
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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 not watched the episode but whatever may be the case it is just a scripted show and not any prophecy even though i have heard that The Simpsons show predicted something things which came true at a later time but for Bitcoin to become the symbol of infinity i did not understand in what sense it means, there are literally infinity coins and token in the Bitcoin market or will the number of bitcoin becomes infinity in the future, if it is the latter there is no way it is going to happen. indeed it will be difficult to predict the long term later about bitcoin, bitcoin can be famous for its limited supply, so this is what allows its price to continue to rise, as more and more people know it and need it. when bitcoin is used throughout the country, will the supply increase, or are there new innovations .... I think we will wait for satoshi's breakthrough
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radjie
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July 13, 2021, 06:55:34 PM |
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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 not watched the episode but whatever may be the case it is just a scripted show and not any prophecy even though i have heard that The Simpsons show predicted something things which came true at a later time but for Bitcoin to become the symbol of infinity i did not understand in what sense it means, there are literally infinity coins and token in the Bitcoin market or will the number of bitcoin becomes infinity in the future, if it is the latter there is no way it is going to happen. if what is meant by an unlimited population of Bitcoin users in the future might happen, but for the availability of the existing supply it must have been predetermined, that is precisely what makes Bitcoin more valuable. if new innovations continue to emerge regarding new types of coins that resemble Bitcoin, of course there will always be later, because cryptocurrencies can open up business opportunities for anyone.
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blockman
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July 13, 2021, 11:20:49 PM |
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I believe that there is no such thing as infinity. Everything gets old and boring sooner or later. It will be the same with bitcoin. It will be replaced by something new. And that's the way it's going to go. This is what you could call a never-ending chain.
That's a given and valid thought but we're not yet there soon. It's known that there will be better technology that will come out soon but as much as possible, that technology would be taken mostly from blockchain and that started with bitcoin. I agree that it's a cycle that doesn't have an ending as one retires, there will be another one for its succession. But to see that time that bitcoin might be replaced by a better one, we don't see it yet coming and I think that it's going to count so many years before it happens or we won't be able to witness that because the possibility when that time comes, we're probably no longer here.
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jinneas
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July 14, 2021, 01:11:42 AM |
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Bitcoin has the characteristic of scarcity, and its total amount is 21 million. The number of bitcoins is limited. The value growth potential of Bitcoin is unlimited. Bitcoin has existed for 12 years and has brought huge profits to investors. Many new users see its benefits, starting to choose to invest in Bitcoin, people's consensus and recognition for it are increasing, and the demand is also increasing. And because of the scarcity of Bitcoin, the supply and demand relationship increases the value of Bitcoin infinitely.
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Silberman
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July 14, 2021, 09:18:05 PM |
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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 not watched the episode but whatever may be the case it is just a scripted show and not any prophecy even though i have heard that The Simpsons show predicted something things which came true at a later time but for Bitcoin to become the symbol of infinity i did not understand in what sense it means, there are literally infinity coins and token in the Bitcoin market or will the number of bitcoin becomes infinity in the future, if it is the latter there is no way it is going to happen. I lost count of how many episodes there are but when a show has more than 30 seasons and 500 episodes then some predictions are bound to be true, it is similar to what we see in the this market, we have millions of users and many of them are making several predictions all year long, some of those predictions are bound to be right just by chance, it does not really mean anything unless they had a system to produce predictions like that all the time, and the same is true here.
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Shenzou
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July 14, 2021, 09:31:16 PM |
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The reason why bitcoin is different to fiat and to many other cryptocurrencies, is that it has a limited supply that can be mined, and once that is done there is no more creating bitcoin, but as this supply is getting more and more low mining it becomes more and more harder, so in away bitcoin could be infinite if mining the renaming supply gets longer every time, and this is all affects the price the less the supply the higher the value if bitcoin gets.
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goldade
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July 14, 2021, 11:26:31 PM |
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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?
As much as we have seen many of The Simpsons predictions come true several times, I do believe that many of their predictions are still very much open to debate. If by unlimited, you mean the price of bitcoin, then yes. The price of bitcoin can go as high as possible in the future as long as people still use bitcoin. If however, you meant the supply, then no. The amount of bitcoin that can ever be is limited to 21 million and that's all we can ever get. Not a single after this.
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desticy
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July 16, 2021, 05:20:55 PM |
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I doubt it, because nothing lasts forever. Ultimately, at some point, computing power can reach such a high level that Bitcoin can simply be hacked, but when it will be unknown. Perhaps by that time we will already have a "different" bitcoin or no cryptocurrencies at all.
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seramania
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July 17, 2021, 04:30:33 PM |
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unlimited mean? what is the price? if stock i think bitcoin is still stable at 21 million. for the price it seems that it can be explored even higher. so it's not limited to what you mean. Please explain ?
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ReiMomo
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July 17, 2021, 07:30:34 PM |
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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?
Bitcoin will be in a position where only whales can buy it in future. Its value is going to be huge. I would be considered as a asset and many would tend to buy as much as possible they could like that of gold and lands. Its growth would be spectacle as more investors would fall into it. BTC always holds highest trading volume in every exchanges. Adoption is increasing and this is the sign of its huge growth.
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Silberman
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July 17, 2021, 07:36:09 PM |
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I doubt it, because nothing lasts forever. Ultimately, at some point, computing power can reach such a high level that Bitcoin can simply be hacked, but when it will be unknown. Perhaps by that time we will already have a "different" bitcoin or no cryptocurrencies at all.
But if there is such a computing power that can be used to attack bitcoin why the miners cannot use the same technology to protect the network with such computing power? Now if what you mean are quantum computers then that is another matter entirely but even then we know that there are already algorithms that are resistant to quantum computers so the only thing the developers will have to do is to decide which one of those algorithms they want to employ, and if this has not been done already is because quantum computers are decades away so there is more urgent stuff we need to worry about.
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GeorgeJohn
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July 17, 2021, 07:54:00 PM |
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What do you mean exactly by unlimited? The prices or the supply?
I really comprehend op better, what op means unlimited is infinity, if bitcoin will keep on moving or accelerating to this extent, so that means in this case everyone is entitle to portray or suggest he or her point of view via bitcoin, because from my perspective bitcoin will stay long before it can be manipulate, because before it will come in conclusion of when will it come to an end we have to look at the time frame bitcoin has been into existence, like now, bitcoin is up to twelve (12) years, so considering factor of it's long stays, that means the possibility for it to stay till infinity is there. That is from own perspective.
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fullhdpixel
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July 18, 2021, 09:51:22 AM |
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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?
When it comes to supply I don’t think that’s something the developers would like to tamper with. Although I do know that they can do it if they want to, but they won’t do it, they would rather leave it as it is, just as Satoshi wanted it. But that’s not to say that it is impossible, because there has been a time, years back, that something happened and caused the limit to be more than the twenty one million and the devs had to correct it. So for me I don’t think that the supply will increase, being scarce is one of the advantages that Bitcoin has, it is part of what makes it more valuable. But there is no limit to how much the price can increase to, it will always continue to increase to accommodate the level of demand in the market.
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Vishnu.Reang
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July 18, 2021, 12:23:07 PM |
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This is why I always argue in favor of limiting the number of threads the noobs can post in this forum. Look at the title and the post. It creates a lot of confusion and is very vague. I still don't understand what the OP mean by "infinite". Is it related to the supply, or with regards to the survival of Bitcoin? In both cases, he is wrong. Bitcoin supply is not infinite. Even someone with basic understanding of Bitcoin knows that. Do we need a separate thread to discuss it? And regarding the survival of Bitcoin, like any other technological innovation, at some point of time in the future, Bitcoin also will be replaced by a better technology.
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Oasisman
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July 18, 2021, 01:05:02 PM |
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This is why I always argue in favor of limiting the number of threads the noobs can post in this forum. Look at the title and the post. It creates a lot of confusion and is very vague. I still don't understand what the OP mean by "infinite". Is it related to the supply, or with regards to the survival of Bitcoin? In both cases, he is wrong. Bitcoin supply is not infinite. Even someone with basic understanding of Bitcoin knows that. Do we need a separate thread to discuss it? And regarding the survival of Bitcoin, like any other technological innovation, at some point of time in the future, Bitcoin also will be replaced by a better technology.
I agree, If someone wants to post to ask or inquire something, it should be provided with clear and concise question. However, he made a reply to clarify the main question about which infinite he was talking about. ~snip~
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. Well, to answer this. Nothing is infinite, nothing last forever in this world. Sure Bitcoin still has a long way as this technology is just starting to be globally adopted. But, most probably Bitcoin will be gone in the far future and everyone of us here is already dead. If you're doubtful about the long term price of Bitcoin, then don't force yourself to invest, it'll just give you more stress especially during bearish market.
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lablab03
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July 18, 2021, 01:27:15 PM |
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Do you think Bitcoin will be unlimited in the future?
bitcoin is unlimited bro because you cannot count your profits from it especially if the growth rate of it is constantly increasing.. even we say the price of bitcoin is just 30k in the market "just an example" , because you can totally multiply your 100k from it. just imagine bitcoin price is 30k in the market and then you will earn 100k from it , as the matter of fact because of bitcoin there are some people who become millioner and billioner.. So its unlimited as long as the value is keep improving not keep crashing. Lmao
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