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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.

 

[Gamer01]

I do not think that bitcoin will ever be able to reach $100k now the influence of politics is so much strong on it now that people can just think about losses each time you buy it be ready for a loss profit it actually very rare for it indeed .

 

[Margery]

Although the price of bitcoin is subject to fluctuations, it has already reached significant heights in the past. In addition, there are many factors that can affect the price of bitcoin, including increased demand, changes in government policy and regulation of cryptocurrencies. At the same time, investing in bitcoin and other cryptocurrencies comes with high risks, so it is always important to be prepared for potential losses.

 

[Kunlee1]

Bitcoin is a very very valuable asset, such cannot age a fixed supply, just like the higher the demand for certain normal goods, the lower the demand, Bitcoin isn't built like that...it can never have a stable supply because of how it is

 

[Margery]

Indeed, bitcoin has a limited supply, as the number of bitcoins that can be created is limited at the protocol level to 21 million. However, this does not mean that Bitcoin cannot become obsolete or lose its value.
The demand for bitcoin depends on many factors, including the perception of its value, its use in trading, regulatory measures, and other factors. The price of bitcoin has fluctuated in the past and may continue to fluctuate in the future.
As such, bitcoin is not a guaranteed and hassle-free asset, and investors should carefully study the market and make informed decisions before investing in it.

 

[Yohanna]

Bitcoin is designed to be limited in supply. As a result of this, it is a deflationary cryptocurrency that has the potential to increase in value in the future. That is why bitcoin is good for a long-term investment projection.

 

[Margery]

Yes, bitcoin was created with a limited supply - the maximum number of bitcoins that can be created is capped at 21 million. This means that it will not be possible to endlessly add to its quantity and increase its supply, which is the main factor that makes it a deflationary cryptocurrency.

 

[Lens_]

Yes, bitcoin was created with a limited supply - the maximum number of bitcoins that can be created is capped at 21 million. This means that it will not be possible to endlessly add to its quantity and increase its supply, which is the main factor that makes it a deflationary cryptocurrency.

That's very correct! bitcoin was designed to be limited in supply and that has made it a deflationary cryptocurrency. This has made bitcoin very valuable assets and it contribute to its acceptance as well.

 

[Margery]

That's very correct! bitcoin was designed to be limited in supply and that has made it a deflationary cryptocurrency. This has made bitcoin very valuable assets and it contribute to its acceptance as well.

Yes, it is true. One of the key aspects of Bitcoin is its limited supply, which was conceived by the creator of Bitcoin, Satoshi Nakamoto. By design, the total supply of Bitcoin is limited to 21 million units, and no additional supply will be created after all 21 million units have been mined.

 

[Lens_]

Yes, it is true. One of the key aspects of Bitcoin is its limited supply, which was conceived by the creator of Bitcoin, Satoshi Nakamoto. By design, the total supply of Bitcoin is limited to 21 million units, and no additional supply will be created after all 21 million units have been mined.

The limited supply of Bitcoin has made it a very promising cryptocurrency and it's going to grow tremendously and it will surprise so many people in the crypto space. Thanks to its limited supply.

 

[Margery]

The limited supply of Bitcoin has made it a very promising cryptocurrency and it's going to grow tremendously and it will surprise so many people in the crypto space. Thanks to its limited supply.

Indeed, the limited supply of Bitcoin (21 million coins) is one of the key factors that make it such a promising cryptocurrency. Limited supply means that there cannot be an infinite supply of bitcoins, which in turn creates a scarcity effect and can drive the price up.

 

[Lens_]

Indeed, the limited supply of Bitcoin (21 million coins) is one of the key factors that make it such a promising cryptocurrency. Limited supply means that there cannot be an infinite supply of bitcoins, which in turn creates a scarcity effect and can drive the price up.

In addition to your statement,.it is very true that the limited supply of Bitcoin is contributory to it being a very wonderful and a good assets for investment. Apparently, investing in Bitcoin is a very good move.

 

[btaliat]

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

Not only that it will be cheaper, it will even lose all the hype that has been accorded to it. Most tokens that are fast losing value is because most of them always have unlimited supply. For a coin to stay relevan, there must be limited supply.

 

[Margery]

In addition to your statement,.it is very true that the limited supply of Bitcoin is contributory to it being a very wonderful and a good assets for investment. Apparently, investing in Bitcoin is a very good move.

Indeed, bitcoin's limited supply plays a major role in its price and could make it attractive to investors. The number of bitcoins that can be mined is capped at 21 million, so its value may increase over time, especially given the growing interest in cryptocurrencies in general. However, it should be remembered that investing in bitcoin is a high-risk operation, and you need to carefully weigh your opportunities and risks before making an investment decision.

 

[Sammydan]

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.

I think bitcoin is limited in supply to make sure it doesn't lose its value. If excess bitcoin are being mined with less supply, it'll definitely called in value. But with limit to what can be mined in a day by miners, bitcoin value is keep intact.

 

[Lens_]

Indeed, bitcoin's limited supply plays a major role in its price and could make it attractive to investors. The number of bitcoins that can be mined is capped at 21 million, so its value may increase over time, especially given the growing interest in cryptocurrencies in general. However, it should be remembered that investing in bitcoin is a high-risk operation, and you need to carefully weigh your opportunities and risks before making an investment decision.

Apparently, because bitcoin has limited supply, it would definitely has an increase in price in the future and that is what we are going to witness which is a very good way to trust in Bitcoin adoption as a profit-making venture.

 

[Margery]

Apparently, because bitcoin has limited supply, it would definitely has an increase in price in the future and that is what we are going to witness which is a very good way to trust in Bitcoin adoption as a profit-making venture.

The use of bitcoin as a means of payment is also limited, and not all companies accept bitcoin as a form of payment. Therefore, while bitcoin can represent a potentially profitable investment, its adoption as a common means of payment for goods and services can take a long time and requires more support and recognition from the business community and government bodies.

 

[Ahamefula]

I totally agree with you, this is just one of the basic laws of economics, the more voluminous or plenty the supply is, the more cheaper or lesser the supply will be,and the 21 million benchmark is quite commendable.

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

 

[Margery]

Also, I should note that investing in cryptocurrencies can be associated with a high level of risk, and potential investors should carefully study this topic and make their decisions based on their own research, goals and risks.
It is important to understand that any investment has its risks and you should not rely only on price growth forecasts. If you decide to invest in bitcoin or other cryptocurrencies, then do so only after a thorough analysis and understanding of the risks and potential returns.

 

[Sammydan]

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.

Of course, if Bitcoin mining is not limited, it will be value less. Those who comes up with the idea of bitcoin truly understand the meaning scare, supply and limited. These are basic economic term. The more available a product is, the more value it lose. This is why bitcoin supply is limited.

 

[Margery]

Indeed, the supply and scarcity of bitcoins are fundamental to their value and economic value. The limited number of bitcoins that can be created was a deliberate design based on economic principles. Exactly.