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Author Topic: Will Bitcoin be infinite?  (Read 720 times)
lixer
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July 20, 2021, 11:52:40 AM
 #81

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.
There is "sort" of a message per second type of thing, they are not allowed to send messages as quickly as we are, but that is not the issue, they should be able to start messaging as soon as they get here, BUT they should be also moderated. Let's be honest there are very few place in all of online world where moderators go check each thing and then decide to ban some people.

Usually there is a "report" section where if a noob is being a noob then you report them, and that is when they get banned or get their message deleted, I got 21 messages like that got deleted, and that is how it's done. Are they fast? Our moderators are not "that" fast, but it is fast enough, you can be sure that whatever you report will be either deleted or let go inside of 24 hours and that is good enough, in twitter it took me 1 week to get something deleted (it was literal death, should have been gone in minutes). So, I believe there is a good method in place, people just don't use it.

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July 20, 2021, 02:39:43 PM
 #82

.....


 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.

Of course technology will continue to change with better, faster and more sophisticated, bitcoin dependence on the internet hopefully can be answered in the future, in addition with network problems, of course, is a security problem because bitcoin theft cases are still common.
With every technological development, there will always be improvements in the process. so I think that in the future improvements and innovations will continue to develop, especially if the government directly intervenes which later on these problems will be fixed, especially with the development of today's technology world, of course bitcoin can make the answer for more profitable transactions

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pantek talacuik
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July 20, 2021, 03:12:25 PM
 #83

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?

Many thoughts judge about the limitless of what you say. If you think Bitcoin is not limited to a large number of things maybe that's different, but if it's a price you mean it can be in my opinion. Maybe 20 years from now Bitcoin has a price that exceeds the current limit. But I think a little, will the next 20 years this world still exist? Huh

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July 20, 2021, 03:13:47 PM
 #84

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?

There is NO infinite in this world because everything always change. The technology, the value, the supply and demand keep on changing as the time goes by. In terms of supply, bitcoin is already has a limited supply. In terms of demand, bitcoin adoption keep on increasing that also increase the demand but I don't know how long the demand for bitcoin will remain. In terms of technology, in the future people will create another advance and new technology and I don't know if it is still good for bitcoin.  Nobody knows the future of bitcoin but I'm sure that bitcoin will not be infinite as what you think.

Roy Asher
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July 21, 2021, 02:13:38 AM
 #85

I think that everything depends on the consensus of most people. Bitcoin has been widely demanded by people, and I don’t think it will die. There is still a lot of room for growth in the value of Bitcoin. Due to some influences, it may drop and approach the stable range. However, there is still considerable room for the price of Bitcoin to rise in the future. I think this kind of unknown number can be understood as having no upper limit.
NathanielParker
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July 21, 2021, 02:24:05 AM
 #86

This is just an animation. He did predict something, but that doesn't mean it will happen. We can indeed talk based on the animation. Bitcoin is in a green rising state, but there is also a red falling state. It may be negatively affected for a period of time and lead to a decline, so I believe that the value cannot be unlimited and cannot rise endlessly.

XUNing
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July 21, 2021, 07:14:44 AM
 #87

Bitcoin's lifetime and value are unlimited. More regions and countries accept Bitcoin, and some countries use it as legal tender. Bitcoin is recognized and traded by more and more people. People's demand for it will increase, and its value will also increase. It will also be a lot of room and potential for appreciation.
As we all know, Bitcoin is scarce with a total of 21 million, which is limited in number.


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July 21, 2021, 08:47:39 AM
 #88

Bitcoin will be infinite in the sense that nobody can correctly determine the price of bitcoin in the next five years, just look at what happens last year to the first quarter who could have thought of the rise and with the fall nobody can correctly says when it's going to take place and for how long and for how much.

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btc78
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July 21, 2021, 09:10:30 AM
 #89

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?
How i wish that Simpsons this time will make it real once again , because since then Simpson shows are very positive in this market and yeah most of the prediction comes reality after years.
But if this will going to happen then I will be gladly keep my coins forever and will passes to my generation after generation.
Bitcoin will be infinite in the sense that nobody can correctly determine the price of bitcoin in the next five years, just look at what happens last year to the first quarter who could have thought of the rise and with the fall nobody can correctly says when it's going to take place and for how long and for how much.
That at some point is a way of Whales manipulating the market or reality that the crypto market react in Covid and then recover after a month.

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