Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: emma.lee1890 on November 03, 2018, 07:16:36 PM
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For those worried BTC might not go much higher. There was news circulating in social media about 80% of the total 21 million supplies have been mined and are in circulating in the market plus those are in idles. There are basically less than 5 million btc need to be mined...no need a racket science.. Supply and demand, bitcoin prices will soar high.
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That's why I'm sure bitcoin will be a rare item. Supply is limited, while demand continues to grow. While Bitcoin prices are now in the valley, this is a good opportunity to buy some BTC for investment.
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Without a doubt, in the event that you take a gander at the aggregate sum of bitcoin and the lost bitcoin, I figure it will in any case go up, yet the transient bear showcase has come.
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It's not always like this where people can decide to shift to some other cryptocurrency and then no one will be able to See the high price in the Bitcoins ,since there are always a variety of things in the market but only some of them flourishes, if its on the shelf it doesn't mean that people are going to go and buy it , it depends on the personal perspective of everyone who are in this business thus it can't be the only rule that determines that the price of Bitcoins will give high, I will I do agree that there is a very Fair chance that the Bitcoins price will increase but I do think that this has nothing to do with it.
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If you continue to mine Bitcoin at the same pace, then most likely in 3-4 years all the coins will be mined, I really want to see how the price of this coin will behave ...
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That's why I'm sure bitcoin will be a rare item. Supply is limited, while demand continues to grow. While Bitcoin prices are now in the valley, this is a good opportunity to buy some BTC for investment.
Of course I agree mate. I see the bitcoin is so high demand. I believe bitcoin will be more valuable and stable at the next year.
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about that for sure, bitcoin will soar later because demand will be bigger and supply will increase slightly, we just wait for that time to arrive. For now we can buy BTC before that time arrives, because if you don't hold the BTC from now be prepared to regret it.
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of course with increasing demand for bitcoin can make the price of bitcoin soar because the bitcoin stock will be increasingly limited
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There will never be more than 21 million coins. This feature makes bitcoin supply almost perfectly inelastic. No matter how high the price rises, miners will not ultimately produce any more than the prescribed amount. Moreover, price rises will not even necessarily incentivize a more rapid mining of bitcoin.
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Because of limited bitcoin supply it is possible to become more expensive due to unstoppable demands of the people. Bitcoin is the main coin that holds the full authority to swing the market wherever btc wants.