All of a sudden scarcity becomes an issue :-[

[Agbamoni]

The theory of scarcity in Bitcoin states that "limited supply + constant or rising demand = higher value". It is no longer an assumption, many Bitcoin folks has agreed that Bitcoin could be much more expensive in the future due to fixed supply. They were most comfortable with this and happy about it. Nobody bothered about its impact until now.

Currently liquidity is drying is so fast, the recent partial correction in price was driven by leverage and Bitcoin's connection to the stock market which influences both. The four year halving cycle keeps cutting the supply, intuition are stacking more, individuals are more comfortable with holding than making daily transactions with their Bitcoin. 95% of forum members are leaning on Bitcoin pressure directly to the bearish side based on speculations. People have just realized there isn't enough Bitcoin for all at the of the day even if a large number of investors wont even get to  get to 0.01 Bitcoin in their portfolio


There are sparks in the internet that the average BTC per person is about 0.026 value at $2,771.34 now. Due to how many nations, institutions, cooperation's, groups and entities that are hoarding and those who plan to buy and never sell, do you think scarcity will be a big issue or not?

[DubemIfedigbo001]

do you think scarcity will be a big issue or not?

Scarcity isn't the issue here, in fact its a positive effect because it increases demand and puts Bitcoin price on an upward trend. As you said, liquidity is drying up which means people are selling and as they are selling there are more coins in circulation which means more coins are available for investors to buy and keep holding. What keeps a market alive are sellers and buyers and Bitcoin is no different.

Scarcity is a good thing, it makes an asset more valuable. I don't think it would soon get to the point where the is no more Bitcoin to be bought, we're still very early in adoption to start considering that.

The major problem I have as a person is more institutions jumping in to buy and hold Bitcoin and we know that governmental bodies and institutions getting involved is leaning towards centralization.

[Curious T]

There are sparks in the internet that the average BTC per person is about 0.026 value at $2,771.34 now. Due to how many nations, institutions, cooperation's, groups and entities that are hoarding and those who plan to buy and never sell, do you think scarcity will be a big issue or not?

There is nobody who doesn't have bitcoin or doesn't have more than the amount of bitcoin he has now, because bitcoin is scarce, and he can't find any to buy. If Bitcoin were that scarce, the price wouldn't be dropping right now. In fact, the price is dropping now because the demand is relatively low. Scarcity is not the issue here; the demand is.
There is enough bitcoin for all. Everybody has not demanded it. If everybody were demanding it, the price would increase to a level well above a thousand dollars' worth of bitcoin now, which might be worth a million or above. If that happens, people won't need to have hundreds or thousands of bitcoin before they can be worth a fortune. If that happens, buying 0.026btc might require you to spend tens of thousands of dollars before you can get it.

The only time scarcity can be an issue is when all the bitcoin has been mined and all are being held, while none are trading, and nobody is ready to sell. This way, the price will first skyrocket due to the increased demand and the pressure it will create in the market and after all are out of the market. When there is no longer any supply (no more mining and selling), there will be no more price because there is no market to determine the price.
So as long as there is a market that demands and supplies bitcoin, scarcity will never be an issue. Anybody who wants to buy Bitcoin will buy, and the more people that want to buy, the more the demand will increase, and it will reflect on the price as well. 

[Mia Chloe]

The theory of scarcity in Bitcoin states that "limited supply + constant or rising demand = higher value". It is no longer an assumption, many Bitcoin folks has agreed that Bitcoin could be much more expensive in the future due to fixed supply. They were most comfortable with this and happy about it. Nobody bothered about its impact until now.

I think the only big concern is actually what would happen to mining fees because by that time there will be no block reward anymore once all the total supply has been mined. As for scarcity it's what those hodling are anticipating. Limited supply off a particular coin make price improve which in turn is profit for holders.

Nevertheless all of it is not something we should be too worried about considering the fact that the difficulty of the network keeps adjusting so the time everything will be fully mined is still quite far.

[Ambatman]

Due to how many nations, institutions, cooperation's, groups and entities that are hoarding and those who plan to buy and never sell, do you think scarcity will be a big issue or not?

The truth is I doubt these Big names are really hoarding
I believe many would sell once they believe the top is here. And on governments, they ain't even buying well the US.


Scarcity an issue? Bitcoin is divisible. The difference is that owning a whole Bitcoin Would be harder
Hence why it's adviced to start accumulating now.


Buy and never sell or used? I believe that's dumber than not buying at all.

[Obim34]

There are sparks in the internet that the average BTC per person is about 0.026 value at $2,771.34 now. Due to how many nations, institutions, cooperation's, groups and entities that are hoarding and those who plan to buy and never sell, do you think scarcity will be a big issue or not?

You've stated facts and reasons why scarcity will be an issue, pressing issue. The laws of supply and scarcity works for Bitcoin, if countries are also going to pick Bitcoin reserves, the level of scarcity will surge quickly, we all predicted this part and it truly will happen, my concern is not forgetting that after all the holding, time will come when each reserves are going to be put for sell, we are inevitably going to feed on the biggest dump and much going back into circulation.

[Agbamoni]

As you said, liquidity is drying up which means people are selling and as they are selling there are more coins in circulation which means more coins are available for investors to buy and keep holding. What keeps a market alive are sellers and buyers and Bitcoin is no different.

Perhaps you dont seem to understand that the people buying these coins from those that are selling are actually big institutions and nations. And you know how they operate, they are hoarding it. Scarcity is increasing not reducing as liquidation dries up, it was meant to be other way round.

I think the only big concern is actually what would happen to mining fees because by that time there will be no block reward anymore once all the total supply has been mined. As for scarcity it's what those hodling are anticipating. Limited supply off a particular coin make price improve which in turn is profit for holders.

The miners? I do not care bout them honestly.
Miners will still get rewards from transaction fees. Regardless big miner will still keep up to operation and also make profit from the transaction fees.

[Shadiq]

Bitcoin scarcity is a positive for holders and they always expect it. It is determined that Bitcoin can be mined until 2140, during which time the block reward will be halved every 4 years and the supply of Bitcoin will continue to decrease, the main thing is the increasing demand.

Demand is increasing much faster than the supply, which is why we see the price of Bitcoin increasing. However, the scarcity that you are talking about is not a cause for concern at all. Because we can still buy small amounts, and that too in very small amounts. No matter how much the price increases in the future, it will be affordable. We especially have no reason to worry. If scarcity becomes a problem, it will still have to wait a long time.

[CryptoHeadlineNews]

There are sparks in the internet that the average BTC per person is about 0.026 value at $2,771.34 now. Due to how many nations, institutions, cooperation's, groups and entities that are hoarding and those who plan to buy and never sell, do you think scarcity will be a big issue or not?

For me, I still also think the 0.026 BTC is still a huge sum of money to be said to be the average amount been invested in Bitcoin. Because i'm sure the average amount been invested in Bitcoin by a large number of investors should be below a $1000, which is approximately over 0.013 BTC. since $2000 is not a small sum to be held by the average investors. However, scarcity and increase in demand is actually the bedrock for which Bitcoin stands firm on, because the more scarce Bitcoin be, and it's demand increases, so is it's price likely to skyrocket spontaneously.