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[Mar20]

The supply of Bitcoin is limited by design, with a maximum of 21 million Bitcoins that can be mined. This limit is built into the Bitcoin protocol and is intended to prevent inflation and ensure that the value of Bitcoin is maintained over time.
Every 10 minutes, a new block is added to the Bitcoin blockchain through a process called mining. Miners compete to solve a complex mathematical problem in order to add the block, and as a reward, they receive newly minted Bitcoins. The number of new Bitcoins that are generated with each block is gradually decreasing over time, until the maximum of 21 million is reached.
The limited supply of Bitcoin has a significant impact on its value, as it creates scarcity and helps to ensure that the value of the currency is maintained over time. In contrast, traditional fiat currencies can be printed in unlimited quantities by central banks, which can lead to inflation and a devaluation of the currency.
It is important to note that the limited supply of Bitcoin does not guarantee that its value will increase over time. The value of Bitcoin, like all cryptocurrencies, is highly speculative and unpredictable, and is subject to a wide range of factors, including market conditions, security incidents, and regulatory changes.
Overall, the limited supply of Bitcoin is one of the key factors that sets it apart from traditional fiat currencies and helps to ensure its stability and security. However, the value of Bitcoin is highly dependent on market conditions, and there is no guarantee that it will continue to increase in the future.

 

[BullyMaguire]

it's a good thing that the total supply of bitcoin is limited to a few millions because as we can see having billions of supply wouldn't help it a crypto currency at all the higher the supply is the cheaper it can be

 

[ammu40]

That's a great point about the limited supply of Bitcoin. The scarcity it creates, along with the security and transparency of the blockchain technology, does contribute to the maintenance of its value.

 

[Lens_]

The market value and the price of bitcoin will continue to increase because it has a limited supply . This peculiar features also makes it a deflationary currency which will be beneficial to the economy of any country that adopted it.

 

[ammu40]

The market value and the price of bitcoin will continue to increase because it has a limited supply . This peculiar features also makes it a deflationary currency which will be beneficial to the economy of any country that adopted it.

It's true that the limited supply of Bitcoin is one of the key factors that contributes to its market value and price. As the demand for Bitcoin increases, the limited supply creates scarcity and drives up the price.

 

[Lens_]

It's true that the limited supply of Bitcoin is one of the key factors that contributes to its market value and price. As the demand for Bitcoin increases, the limited supply creates scarcity and drives up the price.

The demand of Bitcoin will keep increasing and the supply will be limited which will automatically cause an increase in the price of Bitcoin. This is why bitcoin rose from a single dollar when it was first initiated to its present price. You can see the remarkable increase in the price of this commodity.

 

[ammu40]

The demand of Bitcoin will keep increasing and the supply will be limited which will automatically cause an increase in the price of Bitcoin. This is why bitcoin rose from a single dollar when it was first initiated to its present price. You can see the remarkable increase in the price of this commodity.

It's true that Bitcoin's limited supply and increasing demand can contribute to its price growth. The design of the Bitcoin protocol is such that only a limited number of bitcoins can ever be created, and as more people buy and hold Bitcoin, the value of each individual bitcoin can increase.

 

[btaliat]

There is a need to make the supply of Bitcoin limited. At least, this will ensure that the coin fulfill one of the characteristics of any medium of exchange which states that all media of exchange should be relatively scarce.

 

[ammu40]

It is important to note that the limited supply of Bitcoin does not guarantee that its value will increase over time. The value of Bitcoin, like all cryptocurrencies, is highly speculative and unpredictable, and is subject to a wide range of factors, including market conditions, security incidents, and regulatory changes.
Overall, the limited supply of Bitcoin is one of the key factors that sets it apart from traditional fiat currencies and helps to ensure its stability and security. However, the value of Bitcoin is highly dependent on market conditions, and there is no guarantee that it will continue to increase in the future.

The limited supply of Bitcoin is indeed a key feature that makes it unique, but as with any investment, it's note to understand the risks and potential drawbacks. While the limited supply does provide some level of stability and security, it does not necessarily guarantee that the value of Bitcoin will increase over time.

 

[ammu40]

is important to note that the limited supply of Bitcoin does not guarantee that its value will increase over time. The value of Bitcoin, like all cryptocurrencies, is highly speculative and unpredictable, and is subject to a wide range of factors, including market conditions, security incidents, and regulatory changes.
Overall, the limited supply of Bitcoin is one of the key factors that sets it apart from traditional fiat currencies and helps to ensure its stability and security. However, the value of Bitcoin is highly dependent on market conditions.

You make a valid point that the limited supply of Bitcoin alone does not guarantee its value will increase over time. The value of Bitcoin is determined by market demand and can be influenced by a wide range of factors, including economic conditions, government regulations, and technological advancements.

 

[btaliat]

The limited supply of Bitcoin has been the only factor that is making its value high. There is no coin that has unlimited supply and still have high value. However, there are other factors that determine the value of Bitcoin.

 

[Margery]

The price of bitcoin and other cryptocurrencies is determined by many factors, including supply and demand, which can influence the price; currency restrictions that affect how people can buy and sell cryptocurrencies; public opinion, which can influence the price; and even politics. It is also important to note that bitcoin and other cryptocurrencies are high-risk investments, so people should be careful when investing and understand the risks.

 

[btaliat]

The price of bitcoin and other cryptocurrencies is determined by many factors, including supply and demand, which can influence the price; currency restrictions that affect how people can buy and sell cryptocurrencies; public opinion, which can influence the price; and even politics. It is also important to note that bitcoin and other cryptocurrencies are high-risk investments, so people should be careful when investing and understand the risks.

The activity of whalers too can best determine the reason why the price of any crypto coins may be low or high. Sometimes, whalers always capitalize on the psychological nature of traders to take some steps to either create fear or greed.

 

[Margery]

The activity of whalers too can best determine the reason why the price of any crypto coins may be low or high. Sometimes, whalers always capitalize on the psychological nature of traders to take some steps to either create fear or greed.

Most likely, they determine the trends in the cryptocurrency market or in any other market. Small investors determine the investment policy little, only whales can somehow influence it with their behavior.

 

[btaliat]

These days, influencers have been learning their lessons from Shiba Inu case. The coin was raving when it was launched but lost its taste because it was supply unlimitedly. Most coins now even token make sure they limit their supply.

 

[Margery]

These days, influencers have been learning their lessons from Shiba Inu case. The coin was raving when it was launched but lost its taste because it was supply unlimitedly. Most coins now even token make sure they limit their supply.

Not only the Shiba Inu, but there was also the Luna project, which was being pushed at such a rate that I thought it would take $100 in the short term. And where is she now? It is quite difficult to identify a token/coin at first glance without knowing its history and everything else.

 

[btaliat]

The fact that Bitcoin has limited supply doesn't make it safer to trade in or doesn't guarantee that we always make profit trading in it. There are many coins that do not have unlimited supply and still are not fairing well.

 

[Margery]

I don't even know if we will make a profit from bitcoin when all of it is mined? And will he then trade at all? Now its advantages are high capitalization and cost, and after full production, what advantages will it have?

 

[btaliat]

I don't even know if we will make a profit from bitcoin when all of it is mined? And will he then trade at all? Now its advantages are high capitalization and cost, and after full production, what advantages will it have?

There won't be much profit if all is mined. This may make everybody to have access to the coin and this may surely erode the value of high esteem given to Bitcoin. The best is to regulate its supply.

 

[Margery]

Не будет большой прибыли, если все будет добыто. Это может привести к тому, что каждый получит доступ к монете, и это, безусловно, может подорвать ценность высокого уважения к Биткойну. Лучше всего регулировать его подачу.

There won't be much profit if all is mined. This may make everybody to have access to the coin and this may surely erode the value of high esteem given to Bitcoin. The best is to regulate its supply.

Personally, my opinion is that it should be transferred to another mining algorithm, or include a small level of inflation. But I think only its developer or developers, if there are several of them, can change the code. It is valuable only because of the cost, it is in any case profitable to mine it on depreciated equipment. The truth can not be said about the new equipment. The most inexpensive ASIC will justify itself for at least a year at the current cost of bitcoin.