Quote from: pooya87 on October 26, 2016, 04:31:29 AM

Quote from: requester on October 26, 2016, 03:45:44 AM

75.9% ( 15,947,975 bitcoin) of the bitcoin is already mined so to circulate bitcoin all over the world there is only few bitcoin beggar many bitcoin user are holding bitcoin and waiting for price hike. So what would happen if the continue holding and we are left with only few bitcoin to circulate. So can it act as global currency or we need some modification.

* this is a duplicate topic.
and you have no sense of what you are talking about. 16 million bitcoin is 10.4 billion dollar and there is still 5 million more bitcoin left to mine. and as long as there is a circulation there will always be someone who is selling and someone who is buying.

Dear pooya87, I am not talking about how much 16 million bitcoin costs but i am saying that many user are holding bitcoin so for circulation we will have only few bitcoin left. And I also know that there will be obviously someone to buy and someone to sell bitcoin but as the demand will rise then we might face scarcity else its price will go sky and we will have to pay huge money to buy 1 bitcoin.